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 ₹ 137
- High / Low ₹ 186 / 34.4
- Stock P/E 222
- Book Value ₹ 19.1
- Dividend Yield 0.00 %
- ROCE 8.63 %
- ROE 5.09 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.15 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -7.52%
- Working capital days have increased from 110 days to 198 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: Engineering Industry: Engineering
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
36.87 | 39.58 | 54.57 | |
35.81 | 38.06 | 52.77 | |
Operating Profit | 1.06 | 1.52 | 1.80 |
OPM % | 2.87% | 3.84% | 3.30% |
0.38 | 0.17 | 0.41 | |
Interest | 0.65 | 1.29 | 1.62 |
Depreciation | 0.10 | 0.10 | 0.05 |
Profit before tax | 0.69 | 0.30 | 0.54 |
Tax % | 36.23% | 33.33% | -29.63% |
0.47 | 0.26 | 0.77 | |
EPS in Rs | 1.07 | 0.43 | 0.62 |
Dividend Payout % | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 38% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 196% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 226% |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|
Equity Capital | 4.40 | 6.00 | 12.50 | 12.50 |
Reserves | 0.52 | 0.78 | 10.95 | 11.42 |
6.09 | 9.78 | 10.07 | 14.95 | |
9.45 | 11.85 | 7.31 | 8.97 | |
Total Liabilities | 20.46 | 28.41 | 40.83 | 47.84 |
2.52 | 2.33 | 0.46 | 0.43 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.04 | 0.10 | 0.16 | 0.18 |
17.90 | 25.98 | 40.21 | 47.23 | |
Total Assets | 20.46 | 28.41 | 40.83 | 47.84 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
3.15 | -4.55 | -17.23 | |
-1.63 | 0.10 | 2.16 | |
-1.26 | 5.12 | 14.73 | |
Net Cash Flow | 0.26 | 0.67 | -0.34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 64.74 | 97.38 | 78.79 |
Inventory Days | 77.74 | 116.28 | 95.16 |
Days Payable | 97.48 | 103.63 | 39.84 |
Cash Conversion Cycle | 45.00 | 110.02 | 134.11 |
Working Capital Days | 46.63 | 85.76 | 198.05 |
ROCE % | 11.53% |
Documents
Announcements
- Corporate Action-Record Date For Bonus Issue 14h
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 15h
- Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 15h
- Shareholder Meeting / Postal Ballot-Outcome of EGM 1d
- EGM To Be Held On Tuesday, March 26, 2024 At 12:00 P.M. 4 Mar
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