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Prostarm Secures INR 6.71 Cr Order from SAIL for 2 MW Roof Top Solar Project
Prostarm Info Systems Limited has received a Letter of Acceptance (LOA) from Steel Authority of India Limited (SAIL) for a solar infrastructure project. The contract involves the supply, installation, and commissioning of a 2 MW (AC) Roof Top Solar PV System at various plant buildings. Valued at INR 6.71 Crores, the project is slated for completion within a 12-month timeframe. This domestic order from a major PSU enhances the company's credentials in the renewable energy sector.
Key Highlights
Received a Letter of Acceptance from Steel Authority of India Limited (SAIL) worth INR 6.71 Crores
Scope includes supply, installation, and commissioning of a 2 MW (AC) Roof Top Solar PV System
Project execution period is defined as 12 months
The order is domestic and was secured in the normal course of business
💼 Action for Investors
Investors should view this as a positive development that strengthens the order book and validates the company's technical capabilities with a major PSU client. Monitor the execution progress over the next 12 months to ensure timely revenue recognition.
Prostarm Secures INR 6.71 Cr Solar Project Order from SAIL for 2 MW System
Prostarm Info Systems Limited has received a Letter of Acceptance (LOA) from Steel Authority of India Limited (SAIL) for a 2 MW Roof Top Solar PV project. The contract is valued at INR 6.71 Crores and involves the supply, installation, and commissioning of the system across various plant buildings. The project is scheduled for execution over a 12-month period. This domestic order from a major PSU strengthens the company's portfolio in the renewable energy sector.
Key Highlights
Awarded a 2 MW (AC) Roof Top Solar PV System project by SAIL
Total contract value is approximately INR 6.71 Crores
Execution timeline for the project is 12 months
Scope includes supply, installation, and commissioning at various plant buildings
💼 Action for Investors
Investors should view this as a positive development that enhances the company's order book and credibility with large PSUs. Monitor the timely execution of the project and its impact on upcoming quarterly margins.
Prostarm Secures INR 13.43 Crore Solar Project from South Eastern Railway
Prostarm Info Systems Limited has received a Letter of Acceptance from South Eastern Railway for a solar power plant project. The contract is valued at INR 13.43 Crores and involves the supply, installation, and erection of the plant at SRC Jurisdiction (Phase 2). The project is scheduled for completion within 12 months and includes a 5-year comprehensive maintenance contract. This order strengthens the company's order book and highlights its growing footprint in the renewable energy sector.
Key Highlights
Awarded a contract worth INR 13.43 Crores by South Eastern Railway
Scope includes supply, installation, and erection of a solar power plant
Project execution timeline is 12 months from the date of LOA
Includes a 5-year Comprehensive Maintenance Contract (CMC) post-installation
The contract was secured in the normal course of business for Phase 2 of the SRC Jurisdiction
💼 Action for Investors
Investors should view this as a positive development for revenue visibility and track the company's execution efficiency over the 12-month period. The 5-year maintenance component provides a small but steady stream of recurring service income.
Prostarm Q3 FY26 Revenue Jumps 110% to ₹161 Cr; Order Book Robust at ₹946 Cr
Prostarm Info Systems reported a massive 110% YoY revenue growth in Q3 FY26, reaching INR 161 crores, driven by large-scale project executions. The company's order book stands at a robust INR 946 crores, providing strong visibility for the next 18 months. Profitability also saw a significant jump, with PAT rising 101% YoY to INR 15 crores. Additionally, the company has become effectively net debt-free and is nearing the commissioning of a 1.2 GW BESS facility in Jhajjar.
Key Highlights
Q3 FY26 revenue grew 110% YoY to ₹161 crores, with PAT increasing 101% to ₹15 crores.
Current order book stands at ₹946 crores across 91 projects, with an additional ₹775 crores in the bid pipeline.
Long-term debt reduced to ₹1.5 crores, making the company effectively net debt-free.
New 1.2 GW BESS manufacturing facility in Jhajjar is expected to be operational by Q4 FY26.
Management guides for 20-25% revenue growth for the full year FY26.
💼 Action for Investors
Investors should monitor the commissioning of the Jhajjar BESS facility and the execution of the large order book, which represents over 3x the current 9M revenue. The stock remains attractive due to its net debt-free status and strong growth trajectory in the energy storage sector.
Prostarm Q3 FY26 PAT Doubles to ₹15 Cr; Order Book Surges to ₹946 Cr
Prostarm Info Systems reported a stellar Q3 FY26 with revenue growing 110% YoY to ₹161 crores and PAT increasing 101% to ₹15 crores. The company's order book stands robust at ₹946 crores, providing strong revenue visibility for the next 18 months. Management highlighted that the company is now effectively net debt-free, with long-term debt reduced to just ₹1.5 crore. Expansion plans are on track with a new 1.2 GW BESS facility in Jhajjar expected to be operational by Q4 FY26.
Key Highlights
Q3 Revenue surged 110% YoY to ₹161 crores, driven by large-scale project executions.
Order book reached ₹946 crores across 91 projects, with an additional ₹775 crores in the bidding pipeline.
Company is effectively net debt-free as long-term debt decreased from ₹3.4 crore to ₹1.5 crore.
New 1.2 GW BESS manufacturing facility in Jhajjar is nearing commissioning in Q4 FY26.
EBITDA margins for Q3 stood at 12.65%, with management targeting a sustainable range of 12-15%.
💼 Action for Investors
Investors should monitor the commissioning of the Jhajjar facility and the conversion of the ₹775 crore bid pipeline into firm orders. The strong order book and debt-free status make it a compelling growth story in the power electronics and energy storage sector.
Prostarm Info Systems Reports 9M FY26 Revenue of ₹2,813 Mn with ₹9,460 Mn Order Book
Prostarm Info Systems Limited showcased strong growth in its Q3 & 9M FY26 investor presentation, reporting an operating income of INR 2,813 Mn for the nine-month period. The company maintains a robust order book of INR 9,460 Mn, which is significantly higher than its annual revenue, providing high growth visibility. Key performance indicators remain healthy with an ROE of 27.82% and ROCE of 40.81%. Significant expansion is underway with a new 1.2 GWH BESS facility in Haryana expected to be operational by Q4-FY26 and a Gujarat unit in Q1-FY27.
Key Highlights
Total order book stands at a significant INR 9,460 Mn as of February 2026
Reported 9M-FY26 operating income of INR 2,813 Mn with an EBITDA margin of 12.55%
Strong historical growth with a 3-year Revenue CAGR of 26.97% and PAT CAGR of 38.41%
Expanding manufacturing footprint with a 1.2 GWH BESS unit in Haryana (Q4-FY26) and a new UPS unit in Gujarat (Q1-FY27)
Secured major BESS orders from Adani Electricity, Bihar State Power, and KPTCL
💼 Action for Investors
Investors should monitor the timely commissioning of the new BESS and UPS facilities, as these are critical for executing the massive ₹9,460 Mn order book. The company's entry into the high-growth BESS segment and its strong return ratios make it a key player to watch in the power conditioning space.
Prostarm Info Systems Q3 Standalone PAT Jumps 105% YoY to ₹15.96 Crore
Prostarm Info Systems reported a robust performance for Q3 FY26, with standalone revenue from operations surging 110.8% year-on-year to ₹159.34 crore. Standalone net profit followed suit, doubling to ₹15.96 crore compared to ₹7.79 crore in the same period last year. On a consolidated basis, the nine-month revenue reached ₹281.31 crore, showing steady growth over the previous year's ₹268.63 crore. The company maintains its focus on customized power electronic solutions, which remains its sole reportable business segment.
Key Highlights
Standalone Revenue from operations grew 110.8% YoY to ₹159.34 crore in Q3 FY26.
Standalone Net Profit increased by 104.9% YoY to ₹15.96 crore from ₹7.79 crore.
Quarter-on-quarter (QoQ) standalone revenue saw a massive jump from ₹64.61 crore in Q2 FY26.
Standalone Earnings Per Share (EPS) for the quarter rose to ₹2.88 from ₹1.82 YoY.
Consolidated 9-month revenue stood at ₹281.31 crore, up from ₹268.63 crore in the previous year period.
💼 Action for Investors
The significant jump in quarterly revenue and profitability suggests strong execution and demand in the power electronics segment. Investors should monitor the sustainability of these margins and the order book to determine if this represents a permanent shift in the company's growth trajectory.
Prostarm Info Systems Declared L-1 Bidder for INR 4.29 Crore WBMSC Project
Prostarm Info Systems Limited has been declared the L-1 bidder for a contract from West Bengal Medical Services Corporation (WBMSC). The project involves the supply, installation, and commissioning of 10 KVA UPS systems and batteries at 137 Block Primary Health Units across West Bengal. The total contract value is INR 4.29 Crores, with an execution timeline of 180 days. This order includes a 3-year warranty on the equipment, strengthening the company's service portfolio in the public healthcare sector.
Key Highlights
Total contract value is approximately INR 4.29 Crores
Project covers 137 Block Primary Health Units across the state of West Bengal
Execution period is set for 180 days from the date of award
Scope includes supply, installation, testing, and commissioning of 10 KVA UPS systems
Contract includes a comprehensive 3-year warranty on both UPS and batteries
💼 Action for Investors
Investors should track the timely execution of this 180-day project as it provides short-term revenue visibility. Continued success in securing government healthcare infrastructure contracts could be a positive growth driver for the company.
Prostarm Declared L-1 Bidder for ₹13.43 Cr Solar Project from South Eastern Railway
Prostarm Info Systems Limited has been declared the L-1 bidder for a solar power project by South Eastern Railway. The contract, valued at INR 13.43 Crores, covers the supply, installation, and erection of a solar power plant at SRC Jurisdiction (Phase 2). The project timeline is 12 months and includes a five-year Comprehensive Maintenance Contract (CMC). This domestic order represents a significant win for the company in the renewable energy infrastructure space.
Key Highlights
Declared L-1 bidder for a South Eastern Railway project valued at INR 13.43 Crores
Project involves supply, installation, and erection of a solar power plant at SRC Jurisdiction
Execution timeline is 12 months with an additional 5-year maintenance contract
The order was secured through a domestic competitive bidding process
💼 Action for Investors
Investors should monitor the official contract signing and subsequent execution milestones over the next 12 months. This win provides healthy revenue visibility and demonstrates the company's competitiveness in government tenders.
Prostarm Declared L-1 Bidder for SAIL's 2 MW Roof Top Solar Project Worth ₹6.71 Cr
Prostarm Info Systems Limited has been declared the lowest (L-1) bidder by Steel Authority of India Limited (SAIL) for a solar energy project. The contract involves the supply, installation, and commissioning of a 2 MW (AC) Roof Top Solar PV System at SAIL's Burnpur Plant in West Bengal. The total consideration for this domestic order is approximately ₹6.71 Crores. The project is scheduled for completion within a 12-month timeframe.
Key Highlights
Declared L-1 bidder by Steel Authority of India Limited (SAIL) for a 2 MW solar project
Total contract value is ₹6.71 Crores for supply, installation, and commissioning
Project to be executed at the Burnpur Plant in West Bengal
Execution timeline for the contract is 12 months
💼 Action for Investors
Investors should view this as a positive development showing the company's ability to win contracts from major PSUs like SAIL. Monitor the formal contract signing and subsequent execution progress over the next year.
Prostarm Shareholders Approve Expansion of Borrowing and Investment Limits via Postal Ballot
Prostarm Info Systems Limited has successfully passed four key special resolutions through a postal ballot with over 99.99% majority support. These resolutions authorize the company to increase its borrowing limits beyond standard thresholds and to create charges or mortgages on company assets to secure such debt. Additionally, shareholders approved the company's ability to provide loans, guarantees, and make investments exceeding the limits specified under Sections 185 and 186 of the Companies Act, 2013. This provides the management with significant financial flexibility for future capital requirements and strategic corporate actions.
Key Highlights
Special resolution to increase borrowing limits under Section 180(1)(c) passed with 99.99% votes in favor.
Approval granted to mortgage or pledge company assets under Section 180(1)(a) with 99.99% majority.
Shareholders authorized investments, loans, and guarantees in excess of limits under Sections 185 and 186.
Total voter turnout was 72.87%, with 100% of promoter votes (4.28 crore shares) supporting all resolutions.
💼 Action for Investors
Investors should monitor the company's future debt-to-equity ratio and the specific nature of any new investments or loans to ensure capital is being deployed for value-accretive growth. While these are enabling resolutions, the high promoter support indicates a clear intent to leverage the balance sheet for upcoming projects.
Prostarm to Set Up New UPS Manufacturing Unit in Gujarat with Rs 6 Crore Investment
Prostarm Info Systems Limited has announced the establishment of a new manufacturing facility in Bakrol, Gujarat, dedicated to assembling Uninterruptible Power Supply (UPS) systems. The project involves an estimated capital expenditure of Rs 6 Crores, covering plant, machinery, and civil construction. The facility will produce UPS units ranging from 1KVA to 600 KVA to strengthen the company's manufacturing footprint. Commercial production is targeted to commence by May 2026, funded through a mix of internal accruals and IPO proceeds.
Key Highlights
New manufacturing unit at Bakrol, Gujarat, focused on UPS assembly ranging from 1KVA to 600 KVA.
Estimated capital expenditure of Rs 6 Crores for infrastructure and machinery.
Commercial production expected to begin on or before May 2026.
Funding to be sourced from internal accruals and IPO proceeds.
Strategic move aimed at strengthening manufacturing capacity and market presence.
💼 Action for Investors
Investors should track the timely execution of the project and the receipt of regulatory approvals as the company scales its production capacity. The expansion is a positive indicator of growth, though the full impact on the bottom line will only be visible post-May 2026.
PROSTARM: Postal Ballot for borrowing up to ₹1,000 Crores
Prostarm Info Systems Limited is seeking shareholder approval via postal ballot for several special resolutions. These include borrowing monies exceeding limits under Section 180(1)(C) of the Companies Act, 2013, up to ₹1,000 Crores. They also seek approval to mortgage/pledge/hypothecate assets and create charges on the company's assets, properties or undertakings, also up to ₹1,000 Crores. Additionally, they are seeking approval for transactions under Section 185 and investments, loans, guarantees, and security in excess of limits under Section 186.
Key Highlights
Seeking approval to borrow up to ₹1,000 Crores under Section 180(1)(C).
Seeking approval to mortgage/pledge assets up to ₹1,000 Crores under Section 180(1)(A).
Seeking approval for transactions under Section 185 of the Companies Act, 2013.
Seeking approval to provide loans, guarantees and security up to ₹500 Crores under Section 186.
E-voting starts on December 02, 2025 and ends on December 31, 2025.
💼 Action for Investors
Shareholders should review the postal ballot notice and explanatory statement carefully. Consider how these resolutions, particularly the increased borrowing and asset pledging, might impact the company's financial stability and future growth prospects before casting your vote.