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 ₹ 891 Cr.
- Current Price ₹ 152
- High / Low ₹ 253 / 107
- Stock P/E 27.2
- Book Value ₹ 47.1
- Dividend Yield 0.00 %
- ROCE 30.0 %
- ROE 30.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 36.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 110 | 131 | 171 | 229 | 256 | 346 | 353 | |
| 102 | 120 | 154 | 201 | 220 | 298 | 305 | |
| Operating Profit | 9 | 11 | 17 | 28 | 36 | 48 | 47 |
| OPM % | 8% | 9% | 10% | 12% | 14% | 14% | 13% |
| 1 | 1 | 1 | 2 | 1 | 2 | 4 | |
| Interest | 0 | 0 | 1 | 1 | 4 | 6 | 4 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 9 | 11 | 16 | 28 | 32 | 41 | 44 |
| Tax % | 25% | 26% | 27% | 26% | 26% | 26% | |
| 7 | 8 | 12 | 21 | 24 | 31 | 33 | |
| EPS in Rs | 30.47 | 9.13 | 13.12 | 4.81 | 5.59 | 7.12 | 6.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 26% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 38% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 33% |
| Last Year: | 30% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 9 | 9 | 43 | 43 | 43 | 59 |
| Reserves | 20 | 21 | 32 | 19 | 43 | 74 | 219 |
| 1 | 0 | 3 | 24 | 43 | 67 | 16 | |
| 55 | 42 | 49 | 60 | 71 | 60 | 52 | |
| Total Liabilities | 78 | 72 | 93 | 146 | 200 | 244 | 345 |
| 1 | 3 | 5 | 6 | 13 | 22 | 29 | |
| CWIP | 0 | 0 | 0 | 9 | 9 | 0 | 0 |
| Investments | 3 | 0 | 7 | 3 | 3 | 15 | 15 |
| 74 | 69 | 82 | 128 | 175 | 207 | 302 | |
| Total Assets | 78 | 72 | 93 | 146 | 200 | 244 | 345 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0 | -1 | 7 | -13 | -8 | -6 | |
| -0 | 0 | -8 | -8 | -8 | -13 | |
| -0 | -0 | 2 | 20 | 16 | 19 | |
| Net Cash Flow | -1 | -1 | 1 | -1 | -0 | 0 |
| Free Cash Flow | -0 | -1 | 5 | -24 | -17 | -8 |
| CFO/OP | 23% | 20% | 29% | -26% | -2% | 12% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 175 | 98 | 67 | 107 | 128 | 113 |
| Inventory Days | 32 | 62 | 82 | 78 | 115 | 76 |
| Days Payable | 219 | 135 | 128 | 117 | 125 | 76 |
| Cash Conversion Cycle | -12 | 25 | 21 | 68 | 118 | 113 |
| Working Capital Days | 36 | 50 | 38 | 57 | 74 | 69 |
| ROCE % | 42% | 45% | 45% | 34% | 30% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Installed Capacity - UPS & Inverters (Total) kVA/kW |
|
|||
| Number of Dealers Count |
||||
| Capacity Utilization - Lithium-ion Battery Packs % |
||||
| Capacity Utilization - UPS & Inverters (Total) % |
||||
| Installed Capacity - Lithium-ion Battery Packs kWh |
||||
| Working Capital Days Days |
||||
| Cumulative Solar EPC Capacity Executed MW |
||||
| Order Book / Order in Hand INR Mn |
||||
Extracted by Screener AI
Documents
Announcements
-
Update On Litigation - Intimation Regarding Appeal Filed By Commissioner Of Customs, Nhava Seva, Raigad, Maharashtra
10 Apr - Customs Department appealed a favorable order dropping ₹25.66 crore liability.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
7 Apr - Received LOA for 50 MWac Maharashtra solar EPC works worth ₹165 crore, excluding GST.
-
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
7 Apr - Prostarm signs MOU with Topband for BESS co-manufacturing; minimum USD 10 million purchase commitment over 18 months.
-
Intimation Regarding Strategic Operational Realignment Of Company'S Units
7 Apr - UPS operations shifted from Pisoli, Pune to Bakrol, Gujarat by November 2026; Pisoli contributed INR 11.88 crore.
Concalls
-
Feb 2026Transcript PPT REC
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025TranscriptAI SummaryPPT
Business Transition[1]
Incorporated in 2008, 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.
In 2018, the company diversified into the EPC (Engineering, Procurement, and Construction) segment for rooftop solar PV projects, leveraging its core capabilities in power solutions.