Promax Power Ltd
Incorporated in 2004, Promax Power Ltd is involved EPC Power & Solar projects and other related activities[1]
- Market Cap ₹ 83.8 Cr.
- Current Price ₹ 33.5
- High / Low ₹ 56.4 / 25.2
- Stock P/E 35.8
- Book Value ₹ 12.0
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 8.10 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.79 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.14% over last 3 years.
- Promoter holding has decreased over last 3 years: -4.07%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0.00 | 7.76 | 36.87 | 39.58 | 54.55 | 60.26 | 66.42 | |
0.00 | 7.34 | 35.81 | 38.06 | 52.75 | 56.93 | 61.79 | |
Operating Profit | 0.00 | 0.42 | 1.06 | 1.52 | 1.80 | 3.33 | 4.63 |
OPM % | 5.41% | 2.87% | 3.84% | 3.30% | 5.53% | 6.97% | |
0.00 | 0.00 | 0.38 | 0.17 | 0.41 | 0.25 | 0.39 | |
Interest | 0.00 | 0.00 | 0.65 | 1.29 | 1.62 | 1.75 | 1.84 |
Depreciation | 0.00 | 0.00 | 0.10 | 0.10 | 0.05 | 0.05 | 0.05 |
Profit before tax | 0.00 | 0.42 | 0.69 | 0.30 | 0.54 | 1.78 | 3.13 |
Tax % | 23.81% | 36.23% | 33.33% | -29.63% | 23.03% | 24.92% | |
0.00 | 0.31 | 0.43 | 0.20 | 0.71 | 1.37 | 2.34 | |
EPS in Rs | 0.49 | 0.17 | 0.28 | 0.68 | 0.94 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 19% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 127% |
TTM: | 71% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
1 Year: | -36% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 4.40 | 6.00 | 12.50 | 12.50 | 25.00 |
Reserves | 0.00 | 0.31 | 0.49 | 0.69 | 10.80 | 15.20 | 5.05 |
0.00 | 11.20 | 6.09 | 9.72 | 10.07 | 13.06 | 19.38 | |
0.00 | 9.15 | 9.45 | 11.91 | 7.31 | 20.32 | 17.36 | |
Total Liabilities | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 66.79 |
0.00 | 1.89 | 2.52 | 2.33 | 0.46 | 0.41 | 0.35 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 4.85 | 4.61 |
0.01 | 18.78 | 17.90 | 25.98 | 40.21 | 55.82 | 61.83 | |
Total Assets | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 66.79 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
0.00 | -6.66 | 3.15 | -4.55 | -17.29 | 1.99 | -3.01 | |
0.00 | -1.80 | -1.63 | 0.10 | 2.22 | -4.59 | 0.39 | |
0.00 | 11.20 | -1.26 | 5.12 | 14.73 | 4.58 | 4.48 | |
Net Cash Flow | 0.00 | 2.75 | 0.26 | 0.67 | -0.34 | 1.98 | 1.85 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 333.02 | 64.74 | 97.38 | 78.82 | 144.82 | 116.56 | |
Inventory Days | 410.81 | 77.74 | 116.28 | 95.16 | 97.25 | 129.87 | |
Days Payable | 449.65 | 97.48 | 103.63 | 39.84 | 116.81 | 74.52 | |
Cash Conversion Cycle | 294.18 | 45.00 | 110.02 | 134.14 | 125.27 | 171.90 | |
Working Capital Days | 110.53 | 16.73 | 20.38 | 135.76 | 105.51 | 110.51 | |
ROCE % | 7.29% | 8.71% | 11.61% | 7.83% | 9.52% | 11.02% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Sep - Clipping of Advertisement for 8th AGM of the Company published on September 10, 2025.
-
Announcement Under Regulation 30 (LODR) - Outcome Of Board Meeting
8 Sep - AGM on 30 Sep 2025; e-voting 27–29 Sep; secretarial auditors appointed for 2025–30.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 8Th September, 2025
8 Sep - AGM on 30 Sep 2025; remote e‑voting 27 Sep 9:00–29 Sep 17:00; secretarial auditor appointed for 2025‑26–2029‑30.
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Notice Of 8Th AGM Along With Annual Report 2024-25.
8 Sep - Submitted 8th AGM notice (30 Sep 2025) and Annual Report; FY25 revenue ₹66.42 crore, PAT ₹2.34 crore.
-
Shareholder Meeting On September 30, 2025
8 Sep - Notice and Annual Report for 8th AGM on 30 Sep 2025; FY25 revenue ₹66.42cr, PAT ₹2.34cr.
Business Overview:[1]
Company is in the business of Engineering, Procurement, Construction (EPC - Power & Solar) projects for Electrification, Power Substations, Underground Cabling from 11kV to 220kV. Company also provides Turnkey execution of Civil Infrastructure projects viz. Industrial buildings and Turnkey execution of water infrastructure management projects viz. water transmission and distribution work