Promax Power Ltd
Incorporated in 2004, Promax Power Ltd is involved EPC Power & Solar projects and other related activities[1]
- Market Cap ₹ 171 Cr.
- Current Price ₹ 68.6
- High / Low ₹ 92.8 / 17.2
- Stock P/E 312
- Book Value ₹ 9.50
- Dividend Yield 0.00 %
- ROCE 9.64 %
- ROE 3.67 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.22 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.06% over last 3 years.
- Working capital days have increased from 93.8 days to 136 days
* 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 | |
---|---|---|---|---|---|
0.00 | 7.76 | 36.87 | 39.58 | 54.57 | |
0.00 | 7.34 | 35.81 | 38.06 | 52.77 | |
Operating Profit | 0.00 | 0.42 | 1.06 | 1.52 | 1.80 |
OPM % | 5.41% | 2.87% | 3.84% | 3.30% | |
0.00 | 0.00 | 0.38 | 0.17 | 0.41 | |
Interest | 0.00 | 0.00 | 0.65 | 1.29 | 1.62 |
Depreciation | 0.00 | 0.00 | 0.10 | 0.10 | 0.05 |
Profit before tax | 0.00 | 0.42 | 0.69 | 0.30 | 0.54 |
Tax % | 23.81% | 36.23% | 33.33% | -29.63% | |
0.00 | 0.31 | 0.43 | 0.20 | 0.71 | |
EPS in Rs | 0.49 | 0.17 | 0.28 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 92% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
TTM: | 175% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 212% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 4.40 | 6.00 | 12.50 | 12.50 |
Reserves | 0.00 | 0.31 | 0.49 | 0.69 | 10.80 | 11.24 |
0.00 | 11.20 | 6.09 | 9.72 | 0.75 | 14.95 | |
0.00 | 9.15 | 9.45 | 11.91 | 16.63 | 8.97 | |
Total Liabilities | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 47.66 |
0.00 | 1.89 | 2.52 | 2.33 | 0.46 | 0.43 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
0.01 | 18.78 | 17.90 | 25.98 | 40.21 | 47.22 | |
Total Assets | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 47.66 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
0.00 | -6.66 | 3.15 | -4.55 | -17.29 | |
0.00 | -1.80 | -1.63 | 0.10 | 2.22 | |
0.00 | 11.20 | -1.26 | 5.12 | 14.73 | |
Net Cash Flow | 0.00 | 2.75 | 0.26 | 0.67 | -0.34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 333.02 | 64.74 | 97.38 | 78.79 | |
Inventory Days | 410.81 | 77.74 | 116.28 | 95.16 | |
Days Payable | 449.65 | 97.48 | 103.63 | 39.84 | |
Cash Conversion Cycle | 294.18 | 45.00 | 110.02 | 134.11 | |
Working Capital Days | 310.91 | 46.63 | 99.04 | 135.71 | |
ROCE % | 7.29% | 8.71% | 11.61% | 9.64% |
Documents
Announcements
-
Compliance-Compliance Certificate For The Year Ended On 31St March, 2024
2d - Compliance certificate under Regulation 7(3) of Listing Regulations for the financial year ended on 31st March, 2024
-
PCS Certificate In Terms Of Reg. 40 Of SEBI (LODR), 2015
23 Apr - Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015 for the financial year ended on 31st March, 2024
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
21 Apr - Depositories and Participants) Regulation, 2018, we are hereby submitting the certificate issued by Cameo Corporate Services Limited, Registrar and Share Transfer Agent of the Company …
- Board Meeting Outcome for Outcome Of Board Meeting For Allotment Of Bonus Shares 10 Apr
-
Announcement Under Regulation 30- Business Update
5 Apr - Promax Power Limited Acquires 20.83% stake in Exirgy Innovations Private Limited.
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