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 01-Feb, Promax Power Ltd's stock price is stable at Rs 18.50 but has declined 54.03% over the past year. Despite a slight recent rise, the stock's long-term outlook is negative due to weak fundamentals and trading below moving averages, leading to a classification of strong sell.

As of 01-Feb, Promax Power Ltd's stock price is currently stable at Rs 18.50, showing no change from the previous close. However, the stock has experienced significant declines over the past year, with a drop of 54.03%, while the benchmark Sensex has increased by 5.16%. In the short term, the stock has shown a slight rise of 0.76% over the past week, contrasting with a decline of 1.00% in the Sensex.<BR><BR>Despite today's performance, which has outperformed its sector by 3.93%, the stock is still trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.51% away from Rs 17.85. The trading volume has also seen a significant decrease, with delivery volume dropping by 66.67% compared to the 5-day average, suggesting falling investor participation.<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. This lack of transparency and the flat results reported in March 2023 contribute to the perception of the stock as risky. Overall, while there may be minor short-term gains, the long-term outlook remains negative, leading to a classification of Promax Power Ltd as a strong sell.

Which are the latest news on Promax Power?