PROSTARM - Prostarm Info
📢 Recent Corporate Announcements
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.
- 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
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.
- 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
Prostarm Info Systems Limited has announced its participation in the 11th Annual Valorem Conference scheduled for March 23, 2026, in Mumbai. The event, themed 'Resilient Corporates, Relentless India', will involve one-on-one and group meetings with institutional investors and analysts. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during these sessions. This move is part of the company's routine investor relations engagement to increase market visibility.
- Scheduled to attend the 11th Annual Valorem Conference on Monday, March 23, 2026
- Meetings will commence from 09:00 a.m. onwards at Grand Hyatt, Kalina, Mumbai
- Interaction format includes both One-on-One and Group Meetings with institutional investors
- The event is organized by Valorem Advisors and follows SEBI Listing Regulations 2015
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.
- 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
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.
- 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.
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.
- 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%.
Prostarm Info Systems Limited has scheduled a one-on-one investor meeting with Farley Capital on February 24, 2026. The meeting will be held in-person at 10:00 a.m. IST and will feature the company's Chief Financial Officer and other senior officials. This interaction is part of the company's regular engagement with institutional investors to discuss business updates. The company has explicitly stated that no unpublished price-sensitive information will be shared during this session.
- One-on-one physical meeting scheduled with Farley Capital for February 24, 2026
- Chief Financial Officer and other company officials to lead the interaction
- Meeting is scheduled to commence at 10:00 a.m. IST
- Company confirmed that no Unpublished Price Sensitive Information (UPSI) will be discussed
Prostarm Info Systems Limited has officially released the audio recording of its earnings conference call held on February 16, 2026. The call focused on the company's financial performance for the third quarter and the nine-month period ending December 31, 2025. This disclosure is a routine regulatory requirement under SEBI Listing Regulations to ensure transparency. Investors can now access management's detailed commentary and responses to analyst queries regarding the company's growth trajectory.
- Earnings conference call was conducted on February 16, 2026, at 2:00 PM IST.
- The call covered financial results for the quarter and nine months ended December 31, 2025.
- Audio recording link has been made available on the company's official website under the investor section.
- The filing is in compliance with SEBI Listing Regulations 30 and 46(2).
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.
- 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
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.
- 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.
Prostarm Info Systems Limited has announced a virtual interaction with Mytrah Family Office scheduled for February 17, 2026, at 4:00 PM IST. The meeting will involve the Chief Financial Officer and other senior company officials. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this session. This interaction is part of the company's regular engagement with institutional investors and analysts.
- Virtual meeting scheduled with Mytrah Family Office for February 17, 2026, at 4:00 PM IST
- Company officials, including the CFO, will represent the firm during the interaction
- Disclosure made in compliance with Regulation 30 of SEBI Listing Regulations
- Company confirms that no unpublished price sensitive information will be discussed
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.
- 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
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.
- 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
Prostarm Info Systems Limited has announced its earnings conference call for the third quarter and nine-month period of FY26, scheduled for February 16, 2026, at 2:00 PM IST. The call will feature top management, including CEO Ram Agarwal and CFO Abhishek Jain, to discuss financial performance and operational updates. This meeting is a standard regulatory requirement under SEBI Listing Regulations to engage with analysts and institutional investors. The company has provided universal and international dial-in details to ensure broad accessibility for the investment community.
- Earnings call scheduled for Monday, February 16, 2026, at 02:00 PM IST.
- Management representation includes Mr. Ram Agarwal (CEO) and Mr. Abhishek Jain (CFO).
- Discussion will focus on financial results for Q3 and the nine-month period (9M) of FY26.
- Universal dial-in numbers provided are +91 22 6280 1341 and +91 22 7115 8242.
- International toll-free access available for USA, UK, Singapore, and Hong Kong investors.
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.
- 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
Financial Performance
Revenue Growth by Segment
Total consolidated revenue grew 35.12% to INR 345.89 Cr in FY25. Segment performance varied: End User Computing grew 5068% to INR 94.06 Cr; Third-party Products grew 45.3% to INR 111.14 Cr; Manufactured Products declined 15.8% to INR 121.42 Cr; Solar EPC declined 18.1% to INR 19.40 Cr; and Value-added Services declined 60.1% to INR 4.63 Cr.
Geographic Revenue Split
Not disclosed in available documents; however, manufacturing operations are concentrated in Maharashtra with units in Pune and Navi Mumbai.
Profitability Margins
Profitability remained stable but saw slight compression; PBILDT margin was 13.13% in FY25 compared to 13.75% in FY24. PAT margin stood at approximately 8.82% in FY25 (INR 30.51 Cr PAT on INR 345.89 Cr revenue).
EBITDA Margin
EBITDA margin was 13.13% in FY25, a decrease of 62 basis points from 13.75% in FY24. EBITDA grew 31.47% in absolute terms to INR 49.19 Cr, driven by the massive scale-up in the End User Computing segment.
Capital Expenditure
Not disclosed in absolute INR Cr for future periods, but the company operates two manufacturing units in Maharashtra, with Unit II operated under its wholly-owned subsidiary, Prostarm Energy Systems Private Limited.
Credit Rating & Borrowing
CARE Ratings notes a comfortable financial risk profile following the June 2025 IPO. Positive rating triggers include sustaining Total Operating Income above INR 750 Cr and PBILDT margins above 14%.
Operational Drivers
Raw Materials
Not disclosed in available documents; the company focuses on power solutions, storage innovations, and end-user computing hardware.
Capacity Expansion
The company operates Manufacturing Unit I in Pune and Manufacturing Unit II in Maharashtra under a subsidiary. Specific capacity in units or MT is not disclosed.
Raw Material Costs
Not disclosed as a specific percentage of revenue, but the company is exposed to foreign exchange risk on imports, though the impact is currently deemed non-material.
Manufacturing Efficiency
Return on Capital Employed (ROCE) was healthy at approximately 30% in FY25, indicating efficient use of capital in operations.
Strategic Growth
Expected Growth Rate
35.12%
Growth Strategy
Growth is driven by a robust order book of approximately INR 1,100 Cr as of September 2025. The strategy involves scaling up the End User Computing segment (which grew from INR 1.82 Cr to INR 94.06 Cr in one year) and executing higher-value projects in Solar EPC and power storage.
Products & Services
Power solutions, storage innovations, Solar EPC services, End User Computing hardware, and Value-added services.
Brand Portfolio
Prostarm
New Products/Services
The company is focusing on storage innovations and expanded its End User Computing segment, which now contributes 26.8% of total consolidated revenue.
Market Expansion
The company listed on NSE and BSE in June 2025 to improve its financial profile and support expansion into critical industries like Healthcare and BFSI.
Market Share & Ranking
Not disclosed in available documents; described as operating in a highly competitive and fragmented industry.
External Factors
Industry Trends
The industry is shifting toward renewable energy and digital infrastructure. Prostarm is positioning itself through Solar EPC and End User Computing to capture this 35% YoY growth trend.
Competitive Landscape
Faces intense competition from large multinational corporations and fragmented domestic players in the power and IT infrastructure space.
Competitive Moat
The moat is built on long-standing relationships with marquee clients like the Tata and Adani groups and an established presence in critical sectors like Defense (DRDO) and Banking (RBI). Sustainability depends on maintaining these high-entry-barrier certifications.
Macro Economic Sensitivity
Sensitive to economic and political conditions in India and volatility in interest rates which impact customer purchasing power.
Consumer Behavior
Increased demand for digital infrastructure and connected systems is driving the 50x growth in the End User Computing segment.
Geopolitical Risks
Regulatory exposure to shifts in energy policies and compliance norms could impact the viability of Solar EPC and power storage projects.
Regulatory & Governance
Industry Regulations
Operations are governed by energy policies and compliance norms; the company must adhere to SEBI Listing Regulations following its June 2025 listing.
Legal Contingencies
No penalties or strictures have been imposed by stock exchanges, SEBI, or any statutory authority regarding capital markets in the last three years.
Risk Analysis
Key Uncertainties
Technology obsolescence in power solutions and cybersecurity risks associated with connected digital infrastructure could impact operations by up to 100% of affected product lines.
Geographic Concentration Risk
Manufacturing is concentrated in Maharashtra, making the supply chain vulnerable to regional policy shifts or localized disruptions.
Third Party Dependencies
Significant dependency on third-party products, which accounted for INR 111.14 Cr (31.7%) of FY25 revenue.
Technology Obsolescence Risk
High risk; requires constant R&D investment to remain competitive in the rapidly evolving power storage and computing sectors.
Credit & Counterparty Risk
Moderate risk; while clients are marquee names (RBI, Tata), the top 10 client concentration of 66% creates high counterparty dependency.