Promax Power

Why is Promax Power Ltd falling/rising?

As of 20-Jun, Promax Power Ltd's stock price is at 13.98, down 0.07% with a significant year-to-date decline of 46.02%. The stock shows erratic trading patterns and declining investor interest, contributing to its overall bearish trend.

As of 20-Jun, Promax Power Ltd's stock price is currently at 13.98, reflecting a slight decrease of 0.01 or 0.07%. The stock has shown a significant decline over the year, with a year-to-date drop of 46.02% and a one-year decline of 52.21%. This underperformance is starkly contrasted with the Sensex, which has only decreased by 9.88% over the same period.<BR><BR>In the short term, the stock has experienced a weekly increase of 7.54%, but this is overshadowed by its poor performance over the past month, where it has fallen by 9.22%. Additionally, the stock has underperformed its sector by 0.36% today, indicating a lack of positive momentum.<BR><BR>Trading activity has also been erratic, with the stock not trading on four out of the last twenty days, which suggests a lack of consistent investor interest. Furthermore, the delivery volume has significantly decreased by 70.59% compared to the five-day average, indicating falling investor participation. Although the stock is currently trading above its five-day moving averages, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, which typically signals a bearish trend.<BR><BR>Overall, the combination of declining investor participation, erratic trading patterns, and substantial losses over various time frames contributes to the current downward pressure on Promax Power Ltd's stock price.

Which are the latest news on 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 metrics include a market cap of INR 36 Cr, a P/E ratio of 41.00, and a debt-to-equity ratio of 0.78.

Overview: <BR>Promax Power Ltd is a company operating in the construction industry, categorized as a micro-cap entity.<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: INR 36 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 41.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.78 <BR>Return on Equity: 2.78% <BR>Price to Book: 1.17 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Promax Power?

As of 10th June, Promax Power Ltd has a market capitalization of 36.00 Cr and reported net sales of 54.57 Cr and net profit of 0.77 Cr over the latest two quarters.

As of 10th June, <BR><BR>Market Cap: Promax Power Ltd has a market capitalization of 36.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest two quarters is 54.57 Cr, while the sum of Net Profit for the same period is 0.77 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2023, with Shareholder's Funds amounting to 23.45 Cr and Total Assets totaling 40.83 Cr.

Who are in the management team of Promax Power?

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).

The management team of Promax Power includes the following individuals:<BR><BR>- Vishal Bhardwaj, who serves as the Managing Director.<BR>- Shweta Bhardwaj, the Executive Director.<BR>- Pawan Kumar Jain, who is a Director.<BR>- Sanjay Kumar, an Independent Director.<BR>- Siddharth Shukla, also an Independent Director.<BR>- Puneet Kaur, who holds the position of Company Secretary.<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Promax Power?

Promax Power's peers include Madhucon Project, Shreeshay Engi., Kridhan Infra, Nacdac Infra., Popular Estate, Premier Energy, Agni Green, Salasar Exterior, and Akash InfraProj. Promax Power has Below Average management risk and growth, with a 1-year return of -57.39%, the lowest among its peers.

Peers: The peers of Promax Power are Madhucon Project, Shreeshay Engi., Kridhan Infra, Nacdac Infra., Popular Estate, Premier Energy, Agni Green, Salasar Exterior, and Akash InfraProj.<BR><BR>Quality Snapshot: Good management risk is observed at Nacdac Infra., while Average management risk is found at Kridhan Infra and the rest. Below Average management risk is noted for Shreeshay Engi., Promax Power, Agni Green, Salasar Exterior, and Akash InfraProj. Excellent growth is seen at Nacdac Infra., Average growth at Agni Green and Kridhan Infra, while Below Average growth is present in Shreeshay Engi., Promax Power, and the rest. Good capital structure is noted at Shreeshay Engi. and Nacdac Infra., while Below Average capital structure is found at Promax Power, Agni Green, Salasar Exterior, Akash InfraProj, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Popular Estate at -20.61%, while Promax Power has the lowest at -57.39%. This indicates that Promax Power's return is significantly worse compared to Popular Estate. Additionally, several peers, including Madhucon Project, Shreeshay Engi., Kridhan Infra, Nacdac Infra., Premier Energy, and Agni Green, have negative six-month returns.

Should I buy, sell or hold Promax Power Ltd?

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.

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.

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.

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.

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.

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