Prostarm Info Systems Ltd
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment.[1]
- Market Cap ₹ 801 Cr.
- Current Price ₹ 137
- High / Low ₹ 253 / 107
- Stock P/E 23.1
- Book Value ₹ 51.3
- Dividend Yield 0.00 %
- ROCE 17.7 %
- ROE 16.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 34.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 23.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Company has high debtors of 246 days.
- Working capital days have increased from 112 days to 192 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE IPO BSE Industrials Nifty IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 110 | 131 | 171 | 229 | 256 | 346 | 378 | |
| 102 | 120 | 154 | 201 | 220 | 298 | 330 | |
| Operating Profit | 9 | 11 | 17 | 28 | 36 | 48 | 48 |
| OPM % | 8% | 9% | 10% | 12% | 14% | 14% | 13% |
| 1 | 1 | 1 | 2 | 1 | 2 | 6 | |
| Interest | 0 | 0 | 1 | 1 | 4 | 6 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 9 | 11 | 16 | 28 | 32 | 41 | 47 |
| Tax % | 25% | 26% | 27% | 26% | 26% | 26% | 26% |
| 7 | 8 | 12 | 21 | 24 | 31 | 35 | |
| EPS in Rs | 30.47 | 9.13 | 13.12 | 4.81 | 5.59 | 7.12 | 5.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 18% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 19% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 23% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 9 | 9 | 43 | 43 | 43 | 59 |
| Reserves | 20 | 21 | 32 | 19 | 43 | 74 | 243 |
| 1 | 0 | 3 | 24 | 43 | 67 | 93 | |
| 55 | 42 | 49 | 60 | 71 | 60 | 156 | |
| Total Liabilities | 78 | 72 | 93 | 146 | 200 | 244 | 550 |
| 1 | 3 | 5 | 6 | 13 | 22 | 38 | |
| CWIP | 0 | 0 | 0 | 9 | 9 | 0 | 21 |
| Investments | 3 | 0 | 7 | 3 | 3 | 15 | 15 |
| 74 | 69 | 82 | 128 | 175 | 207 | 476 | |
| Total Assets | 78 | 72 | 93 | 146 | 200 | 244 | 550 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0 | -1 | 7 | -13 | -8 | -6 | -49 | |
| -0 | 0 | -8 | -8 | -8 | -13 | -112 | |
| -0 | -0 | 2 | 20 | 16 | 19 | 161 | |
| Net Cash Flow | -1 | -1 | 1 | -1 | -0 | 0 | 0 |
| Free Cash Flow | -0 | -1 | 5 | -24 | -17 | -8 | -72 |
| CFO/OP | 23% | 20% | 29% | -26% | -2% | 12% | -75% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 175 | 98 | 67 | 107 | 128 | 113 | 246 |
| Inventory Days | 32 | 62 | 82 | 78 | 115 | 76 | 91 |
| Days Payable | 219 | 135 | 128 | 117 | 125 | 76 | 192 |
| Cash Conversion Cycle | -12 | 25 | 21 | 68 | 118 | 113 | 145 |
| Working Capital Days | 36 | 50 | 38 | 57 | 74 | 69 | 192 |
| ROCE % | 42% | 45% | 45% | 34% | 30% | 18% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Installed Capacity - UPS & Inverters (Total) kVA/kW |
|
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| Number of Dealers Count |
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| Capacity Utilization - Lithium-ion Battery Packs % |
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| Capacity Utilization - UPS & Inverters (Total) % |
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| Installed Capacity - Lithium-ion Battery Packs kWh |
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| Working Capital Days Days |
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| Cumulative Solar EPC Capacity Executed MW |
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| Order Book / Order in Hand INR Mn |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 May - Prostarm shared Q4 FY26 results, 1.2 GWh Jhajjar facility commissioning, and FY27 growth guidance.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Publication of Newspaper Advertisement in Form PAS-1
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Newspaper Publication for dispatch of Postal Ballot
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
26 May - Postal ballot on May 27-June 25, 2026 for IPO proceeds reallocation and ESOP 2024 amendments.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 May - Audio recording of Q4 and FY2026 earnings call made available on company website.
Concalls
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
Business Transition:[1][2]
The company began operations by selling, supplying, and installing third party-manufactured batteries and uninterruptible power supply (UPS) systems. Over the years, it has transitioned into designing, manufacturing, and assembling a broad portfolio of energy storage and power conditioning equipment under its brand, including UPS systems, inverters, lift inverters, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilizers, and isolation transformers.
In 2018, the company diversified into the EPC segment for rooftop solar PV projects, leveraging its core capabilities in power solutions. The company also provides end-to-end IT solutions under End User Computing, including desktops, laptops, printers, scanners, along with UPS integration, installation, commissioning, and warranty services. It has successfully executed rooftop solar PV plants totaling 10.56 MW across 100+ sites.