Promax Power Ltd
Incorporated in 2004, Promax Power Ltd is involved EPC Power & Solar projects and other related activities[1]
- Market Cap ₹ 87.2 Cr.
- Current Price ₹ 34.9
- High / Low ₹ 68.4 / 27.1
- Stock P/E 39.7
- Book Value ₹ 11.6
- Dividend Yield 0.00 %
- ROCE 9.52 %
- ROE 5.37 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.01 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 4.58% over last 3 years.
- Debtor days have increased from 107 to 145 days.
- Promoter holding has decreased over last 3 years: -4.08%
* 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
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
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 | TTM | |
---|---|---|---|---|---|---|---|
0.00 | 7.76 | 36.87 | 39.58 | 54.55 | 60.26 | 60.89 | |
0.00 | 7.34 | 35.81 | 38.06 | 52.75 | 56.93 | 56.56 | |
Operating Profit | 0.00 | 0.42 | 1.06 | 1.52 | 1.80 | 3.33 | 4.33 |
OPM % | 5.41% | 2.87% | 3.84% | 3.30% | 5.53% | 7.11% | |
0.00 | 0.00 | 0.38 | 0.17 | 0.41 | 0.25 | 0.35 | |
Interest | 0.00 | 0.00 | 0.65 | 1.29 | 1.62 | 1.75 | 1.69 |
Depreciation | 0.00 | 0.00 | 0.10 | 0.10 | 0.05 | 0.05 | 0.06 |
Profit before tax | 0.00 | 0.42 | 0.69 | 0.30 | 0.54 | 1.78 | 2.93 |
Tax % | 23.81% | 36.23% | 33.33% | -29.63% | 23.03% | ||
0.00 | 0.31 | 0.43 | 0.20 | 0.71 | 1.37 | 2.20 | |
EPS in Rs | 0.49 | 0.17 | 0.28 | 0.68 | 0.97 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 90% |
TTM: | 293% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 53% |
1 Year: | -46% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
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 | 3.98 |
0.00 | 11.20 | 6.09 | 9.72 | 10.07 | 13.06 | 14.23 | |
0.00 | 9.15 | 9.45 | 11.91 | 7.31 | 20.32 | 32.90 | |
Total Liabilities | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 76.11 |
0.00 | 1.89 | 2.52 | 2.33 | 0.46 | 0.41 | 0.38 | |
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 | 4.62 |
0.01 | 18.78 | 17.90 | 25.98 | 40.21 | 55.82 | 71.11 | |
Total Assets | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 76.11 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
0.00 | -6.66 | 3.15 | -4.55 | -17.29 | 1.99 | |
0.00 | -1.80 | -1.63 | 0.10 | 2.22 | -4.59 | |
0.00 | 11.20 | -1.26 | 5.12 | 14.73 | 4.58 | |
Net Cash Flow | 0.00 | 2.75 | 0.26 | 0.67 | -0.34 | 1.98 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 333.02 | 64.74 | 97.38 | 78.82 | 144.82 | |
Inventory Days | 410.81 | 77.74 | 116.28 | 95.16 | 97.25 | |
Days Payable | 449.65 | 97.48 | 103.63 | 39.84 | 116.81 | |
Cash Conversion Cycle | 294.18 | 45.00 | 110.02 | 134.14 | 125.27 | |
Working Capital Days | 310.91 | 46.63 | 99.04 | 198.12 | 183.11 | |
ROCE % | 7.29% | 8.71% | 11.61% | 7.83% | 9.52% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
15 Apr - Appointment of Mr. Yash Gupta as Company Secretary & Compliance Officer.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Certificate under Regulation 74(5) for Q1 2025.
- Closure of Trading Window 27 Mar
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
3 Mar - Resignation of Company Secretary Ankit Shah effective March 3, 2025.
-
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
31 Jan - Submission of voting results for board appointments.
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