Promax Power

What does Promax Power do?

Promax Power Ltd is a micro-cap construction company that transitioned to public status in 2021, reporting net sales of 33 Cr and no net profit for the quarter ending March 2023. Key financial metrics include a market cap of Rs 79 Cr, a P/E ratio of 34.00, and a debt-equity ratio of 0.28.

Overview:<BR>Promax Power Ltd operates in the construction industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Promax Power Limited was originally incorporated as "Promax Power Private Limited" in 2017. The company transitioned to a public limited status on April 20, 2021. The most recent quarterly results reported net sales and net profit for the period ending March 2023.<BR><BR>Financial Snapshot:<BR>Net Sales: 33 Cr (Quarterly Results - Mar 2023)<BR>Net Profit: 0 Cr (Quarterly Results - Mar 2023)<BR>Market Cap: Rs 79 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 34.00<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.28<BR>Return on Equity: 8.45%<BR>Price to Book: 2.86<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

Who are in the management team of Promax Power?

As of March 2021, the management team of Promax Power includes Vishal Bhardwaj (Managing Director), Shweta Bhardwaj (Executive Director), Pawan Kumar Jain (Director), Sanjay Kumar (Independent Director), Siddharth Shukla (Independent Director), and Puneet Kaur (Company Secretary). They oversee the company's operations and strategic direction.

As of March 2021, the management team of Promax Power includes:<BR><BR>1. Vishal Bhardwaj - Managing Director<BR>2. Shweta Bhardwaj - Executive Director<BR>3. Pawan Kumar Jain - Director<BR>4. Sanjay Kumar - Independent Director<BR>5. Siddharth Shukla - Independent Director<BR>6. Puneet Kaur - Company Secretary<BR><BR>These individuals are responsible for overseeing the operations and strategic direction of the company.

What is the bonus history of the Promax Power?

Promax Power has announced a 1:1 bonus issue effective April 8, 2024, with a record date of April 9, 2024, meaning shareholders will receive one additional share for each share owned as of the record date.

Promax Power has a recent bonus history that includes a 1:1 bonus issue, which is set to take effect on April 8, 2024. The record date for this bonus is April 9, 2024. This means that shareholders will receive one additional share for every share they own as of the record date. If you have any more questions about Promax Power or its financial activities, feel free to ask!

Has Promax Power declared dividend?

No Dividend History Available

What is the technical trend for Promax Power?

As of April 30, 2025, Promax Power's technical trend is mildly bearish, influenced by bearish Bollinger Bands and moving averages, despite some positive momentum indicated by the MACD and KST.

As of 30 April 2025, the technical trend for Promax Power has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, and the daily moving averages are also bearish. The KST is mildly bullish on the weekly and bullish on the monthly, suggesting some positive momentum. However, the Dow Theory indicates a mildly bullish trend on the weekly but no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals from Bollinger Bands and moving averages, despite some positive indicators from MACD and KST.

Who are the peers of the Promax Power?

Promax Power's peers include Conart Engineers, Kaizen Agro, Jayant Infratech, Rudra Gas, AJR Infra, Popular Found., McNally Bharat, Rachana Infra, and Salasar Exterior. In terms of management risk, growth, and returns, Conart Engineers leads with the highest 1-year return at 77.63%, while Promax Power has a 1-year return of -35.97%.

Peers: The peers of Promax Power are Conart Engineers, Kaizen Agro, Jayant Infratech, Rudra Gas, AJR Infra &, Popular Found., McNally Bharat, Rachana Infra., and Salasar Exterior.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rudra Gas, while Average management risk is found at Kaizen Agro and Jayant Infratech, and the rest have Below Average management risk. Growth is Excellent at Jayant Infratech, Good at Promax Power and Rudra Gas, Average at Conart Engineers and Kaizen Agro, and the rest have Below Average growth. Good capital structure is noted at Conart Engineers, Kaizen Agro, Jayant Infratech, and Rudra Gas, while Below Average capital structure is seen at Promax Power, AJR Infra &, Popular Found., McNally Bharat, Rachana Infra., and Salasar Exterior.<BR><BR>Return Snapshot: Conart Engineers has the highest 1-year return at 77.63%, while Kaizen Agro has the lowest at -31.91%. Promax Power's 1-year return is -35.97%, which is lower than Conart Engineers but higher than Kaizen Agro. Additionally, the six-month returns for Kaizen Agro, Jayant Infratech, Rudra Gas, AJR Infra &, Popular Found., McNally Bharat, and Salasar Exterior are negative.

Who are the top shareholders of the Promax Power?

The top shareholders of Promax Power are Vishal Bhardwaj, holding 32.62%, and Ranjeet Mechatronics Limited, with 7.2%. Individual investors collectively own 22.53%, and there are no mutual funds or foreign institutional investors involved.

The top shareholders of Promax Power include Vishal Bhardwaj, who is the promoter with the highest holding at 32.62%. Additionally, Ranjeet Mechatronics Limited is the highest public shareholder, holding 7.2%. Individual investors collectively hold 22.53% of the company. There are no mutual funds or foreign institutional investors currently holding shares in Promax Power.

How big is Promax Power?

As of 18th July, Promax Power Ltd has a market capitalization of 74.00 Cr, with net sales of 54.57 Cr and a net profit of 0.77 Cr over the latest four quarters. Shareholder's funds were 23.45 Cr, and total assets were 40.83 Cr as of March 2023.

As of 18th July, Promax Power Ltd has a market capitalization of 74.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 54.57 Cr. The Net Profit for the same period was 0.77 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023. Shareholder's Funds were recorded at 23.45 Cr, while Total Assets amounted to 40.83 Cr.

When is the next results date for Promax Power?

Promax Power will announce its results on 14 November 2025.

Promax Power will declare its results on 14 November 2025.

How has been the historical performance of Promax Power?

Promax Power has shown steady growth in net sales and profitability over the past three years, with net sales increasing from 36.87 Cr in Mar'21 to 54.57 Cr in Mar'23. However, it faces challenges in cash flow management, as operating cash flow turned negative in Mar'23.

Answer:<BR>The historical performance of Promax Power shows a steady increase in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>Promax Power's net sales rose from 36.87 Cr in Mar'21 to 39.58 Cr in Mar'22, and further increased to 54.57 Cr in Mar'23, indicating a strong upward trend. The total operating income followed the same pattern, reaching 54.57 Cr in Mar'23. The company's total expenditure also grew, from 35.93 Cr in Mar'21 to 52.76 Cr in Mar'23, reflecting increased operational costs. Operating profit (PBDIT) improved from 0.96 Cr in Mar'21 to 2.22 Cr in Mar'23, while profit after tax saw a significant rise from 0.43 Cr in Mar'21 to 0.71 Cr in Mar'23. The earnings per share (EPS) increased from 1.07 in Mar'21 to 0.62 in Mar'23, despite a dip in 2022. On the balance sheet, total assets grew from 20.46 Cr in Mar'21 to 40.83 Cr in Mar'23, with total liabilities also increasing from 20.46 Cr to 40.83 Cr in the same period. The cash flow from operating activities turned negative in Mar'23 at -17.00 Cr, contrasting with positive cash flow in prior years, while cash flow from financing activities improved significantly from -1.00 Cr in Mar'21 to 14.00 Cr in Mar'23. Overall, Promax Power has demonstrated growth in sales and profitability, although it faces challenges in cash flow management.

Should I buy, sell or hold Promax Power?

Is Promax Power overvalued or undervalued?

As of December 3, 2025, Promax Power is considered overvalued with a PE ratio of 27.08 and an EV to EBITDA of 16.60, while its year-to-date return of -42.74% significantly underperforms the Sensex's 8.92%, contrasting with peers NTPC's attractive rating and Tata Power Co.'s fair rating.

As of 3 December 2025, Promax Power's valuation grade has moved from fair to expensive, indicating a shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 27.08, an EV to EBITDA of 16.60, and a ROE of 7.45%. <BR><BR>In comparison to its peers, NTPC is rated attractive with a PE of 13.18 and an EV to EBITDA of 10.40, while Tata Power Co. is rated fair with a PE of 30.38 and an EV to EBITDA of 13.12. Promax Power's recent stock performance has been notably poor, with a year-to-date return of -42.74%, significantly underperforming the Sensex's 8.92% return during the same period.

Why is Promax Power Ltd falling/rising?

As of 17-Mar, Promax Power Ltd's stock price is at 17.00, reflecting a 1.51% decline and significant drops over various periods, including a year-to-date decrease of 34.36%. The stock is underperforming its sector and shows a bearish trend with declining investor participation.

As of 17-Mar, Promax Power Ltd's stock price is falling, currently at 17.00, which reflects a decrease of 0.26 or 1.51%. This decline is evident in the stock's performance over various periods, including a 1-week drop of 1.51%, a 1-month decrease of 0.87%, and a significant year-to-date decline of 34.36%. Over the past year, the stock has fallen by 50.13%, contrasting sharply with the Sensex, which has increased by 2.56% during the same timeframe.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 2.21%. Additionally, there has been erratic trading behavior, as the stock did not trade on 3 out of the last 20 days. The moving averages show that while the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Furthermore, there is a notable decline in investor participation, with delivery volume on 16 March falling by 86.11% compared to the 5-day average. This lack of trading activity and declining interest from investors contribute to the stock's downward movement.

Why is Promax Power Ltd falling/rising?

As of 18-Mar, Promax Power Ltd's stock price is at 17.00, unchanged from the previous session, but it has significantly declined over various periods, including a 34.36% drop year-to-date and a 50.13% decrease over the past year. The stock is underperforming relative to the market and shows a bearish trend with reduced trading activity and investor participation.

As of 18-Mar, Promax Power Ltd's stock price is currently at 17.00, showing no change from the previous trading session. However, the stock has been experiencing a significant decline over various periods. Over the past week, it has fallen by 1.51%, and in the last month, it has decreased by 14.18%. Year-to-date, the stock is down 34.36%, and over the past year, it has dropped a substantial 50.13%. In contrast, the benchmark Sensex has shown positive returns in the same time frames, indicating that Promax Power Ltd is underperforming relative to the market.<BR><BR>Today's performance also reflects a negative trend, as the stock has underperformed its sector by 2.21%. Additionally, trading activity has been erratic, with the stock not trading on 3 out of the last 20 days. This irregular trading pattern may contribute to investor uncertainty. Furthermore, there has been a notable decline in investor participation, with delivery volume on 16 March falling by 86.11% compared to the 5-day average. <BR><BR>While the stock is currently trading higher than its 5-day moving average, it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Overall, the combination of declining stock performance, reduced trading activity, and falling investor participation indicates that Promax Power Ltd is experiencing a downward trajectory.

Why is Promax Power Ltd falling/rising?

As of 19-Mar, Promax Power Ltd's stock price is at 17.00, unchanged from the previous session, with a year-to-date decline of 34.36% and a one-year drop of 50.13%. The stock's poor performance, reduced investor participation, and erratic trading behavior indicate a bearish trend and growing investor uncertainty.

As of 19-Mar, Promax Power Ltd's stock price is currently at 17.00, showing no change from the previous trading session. The stock has experienced a significant decline over various periods, with a year-to-date drop of 34.36% and a one-year decrease of 50.13%. This underperformance is notable when compared to the benchmark Sensex, which has only declined by 12.92% year-to-date.<BR><BR>In today's trading, the stock underperformed its sector by 2.21%, indicating a weaker performance relative to its peers. Additionally, the stock has shown erratic trading behavior, having not traded on three out of the last twenty days. This inconsistency may contribute to investor uncertainty and a lack of confidence in the stock.<BR><BR>Moreover, there has been a significant drop in investor participation, with delivery volume on March 16 falling by 86.11% compared to the five-day average. This decline in trading activity suggests that fewer investors are willing to buy or hold the stock, which can further pressure the stock price downward.<BR><BR>While the stock is currently trading above its five-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend over the longer term. Overall, the combination of declining stock performance, reduced investor participation, and erratic trading patterns contributes to the stock's falling status.

Why is Promax Power Ltd falling/rising?

As of 20-Mar, Promax Power Ltd's stock price is at 17.00, unchanged from the previous session. The stock has significantly underperformed, with a year-to-date decline of 34.36% and a 50.13% drop over the past year, indicating a bearish trend and declining investor confidence.

As of 20-Mar, Promax Power Ltd's stock price is currently at 17.00, showing no change from the previous trading session. The stock has been underperforming significantly, with a decline of 1.51% over the past week and a substantial drop of 34.36% year-to-date. Over the past year, the stock has decreased by 50.13%, while the benchmark Sensex has only fallen by 2.38% during the same period, indicating a stark underperformance relative to the market.<BR><BR>Today's performance reflects a further decline, as the stock has underperformed its sector by 2.21%. Additionally, trading activity has been erratic, with the stock not trading on three out of the last twenty days. This lack of consistent trading may contribute to the perception of instability among investors. Furthermore, there has been a significant drop in investor participation, with delivery volume on March 16 falling by 86.11% compared to the five-day average. This decline in trading volume suggests a lack of interest or confidence from investors, which can further pressure the stock price.<BR><BR>The moving averages indicate that while the stock is currently higher than its five-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, suggesting a bearish trend. Overall, the combination of poor performance metrics, declining investor participation, and erratic trading patterns contribute to the stock's downward trajectory.

Why is Promax Power Ltd falling/rising?

As of 23-Mar, Promax Power Ltd's stock price is Rs 16.00, reflecting a 5.88% decline and significant underperformance over various periods. The stock is trading below all moving averages, close to its 52-week low, with weak fundamentals and diminished investor interest, leading to a strong sell recommendation.

As of 23-Mar, Promax Power Ltd's stock price is falling, currently at Rs 16.00, which reflects a decline of Rs 1.0 or 5.88%. This drop is part of a broader trend, as the stock has underperformed significantly over various time periods, including a 7.30% decrease over the past week and a staggering 53.07% decline over the past year. <BR><BR>The stock's performance today is particularly concerning, as it opened with a loss of 5.88% and reached an intraday low of Rs 16. This decline is compounded by the fact that the stock is trading below all its moving averages, indicating a persistent downward trend. Additionally, the stock is close to its 52-week low, being only 3.13% away from Rs 15.5.<BR><BR>Investor participation has also waned, with a significant drop in delivery volume, which fell by 72.22% compared to the 5-day average. This lack of trading activity suggests diminishing interest from investors. Furthermore, the overall sector of Power Generation/Distribution has seen a decline of 2.6%, which may be contributing to the negative sentiment surrounding Promax Power.<BR><BR>The company's fundamentals are weak, as it has not declared results in the last six months, raising concerns about its ability to service debt, evidenced by a poor EBIT to Interest ratio of 1.51. The stock's historical performance indicates it is trading at risky levels, and despite a rise in profits by 71% over the past year, the stock has still generated negative returns. This combination of factors has led to a strong sell recommendation for Promax Power Ltd, further driving the stock's decline.

Why is Promax Power Ltd falling/rising?

As of 24-Mar, Promax Power Ltd's stock price is rising to Rs 16.20, reflecting a 1.25% increase due to stronger performance compared to its sector and increased investor participation. However, the stock has declined 51.57% over the past year and faces long-term challenges, including weak fundamentals and proximity to its 52-week low.

As of 24-Mar, Promax Power Ltd's stock price is rising, currently at Rs 16.20, reflecting a change of 0.2 (1.25%) upward. This increase can be attributed to a few factors. Notably, the stock has outperformed its sector by 0.57% today, indicating a relatively stronger performance compared to its peers. Additionally, there has been a significant rise in investor participation, with a delivery volume of 25,000 shares on 23 March, which is up by 56.25% against the 5-day average delivery volume. <BR><BR>However, it is important to consider the broader context of the stock's performance. Over the past year, Promax Power has seen a substantial decline of 51.57%, and it is currently trading lower than its moving averages across various time frames, which suggests a longer-term downward trend. The stock is also close to its 52-week low, being only 4.32% away from Rs 15.5. <BR><BR>Despite today's rise, the overall sentiment around Promax Power Ltd remains cautious due to weak long-term fundamentals, including the lack of declared results in the last six months and a poor EBIT to interest ratio of 1.51, indicating challenges in servicing its debt. Therefore, while there is a short-term uptick in price, the long-term outlook appears to be under pressure.

Why is Promax Power Ltd falling/rising?

As of 25-Mar, Promax Power Ltd's stock price is Rs. 15.80, down 2.47%, and has reached a 52-week low of Rs. 15.5. The stock has significantly underperformed over the past week, month, and year, with declining investor participation and weak long-term fundamentals, indicating it is a strong sell.

As of 25-Mar, Promax Power Ltd's stock price is falling, currently at Rs. 15.80, which reflects a decrease of Rs. 0.4 or 2.47%. The stock has hit a new 52-week low of Rs. 15.5 today, indicating a significant decline in value. Over the past week, the stock has underperformed, showing a drop of 7.06%, compared to a decline of 1.87% in the Sensex. <BR><BR>The stock's performance over the last month and year has also been poor, with declines of 8.67% and 51.96%, respectively. This underperformance is further highlighted by the fact that the stock has consistently traded below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.<BR><BR>Investor participation appears to be declining, as evidenced by a 45.95% drop in delivery volume compared to the 5-day average. Additionally, the company's long-term fundamentals are weak, as it has not declared results in the last six months, raising concerns about its ability to service debt, reflected in a poor EBIT to Interest ratio of 1.51. Overall, these factors contribute to the stock's downward trajectory, making it a strong sell.

Which are the latest news on Promax Power?