Promax Power (BSE 543375)₹14.200.00%Civil Construction
In the Mar 2026 quarter (standalone), Promax Power reported sales of ₹34.52 Cr, down 7.3% from Mar 2025, and net profit of −₹0.95 Cr, down 188.0% year on year. For the year to Mar 2026, sales were ₹70.98 Cr and net profit ₹0.87 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 32.81 | 28.80 | 31.62 | 29.43 | 37.22 | 36.43 | 34.52 |
| Expenses | 31.71 | 27.42 | 29.54 | 27.06 | 34.77 | 33.70 | 33.88 |
| Operating Profit | 0.96 | 1.30 | 2.00 | 2.31 | 2.31 | 2.61 | 0.52 |
| OPM % | 2.9% | 4.5% | 6.3% | 7.9% | 6.2% | 7.2% | 1.5% |
| Other Income | 0.11 | 0.09 | 0.18 | 0.19 | 0.21 | 0.28 | 0.21 |
| Interest | 0.88 | 0.82 | 0.90 | 0.77 | 1.05 | 1.05 | 1.42 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Profit before tax | 0.14 | 0.52 | 1.23 | 1.68 | 1.42 | 1.79 | −0.70 |
| Tax % | 26.7% | 17.0% | 25.9% | 24.9% | 25.9% | 24.5% | 33.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.13 | 0.45 | 0.94 | 1.28 | 1.08 | 1.37 | −0.95 |
| EPS (Rs) | 0.04 | 0.21 | 0.45 | 0.50 | 0.42 | 0.53 | −0.37 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 7.79 | 37.00 | 39.70 | 54.77 | 60.41 | 66.68 | 70.98 |
| Expenses | 7.35 | 35.85 | 38.10 | 52.76 | 56.94 | 61.81 | 67.59 |
| Operating Profit | 0.41 | 1.05 | 1.51 | 1.79 | 3.32 | 4.62 | 3.14 |
| OPM % | 5.4% | 2.9% | 3.8% | 3.3% | 5.5% | 6.9% | 4.4% |
| Other Income | 0.00 | 0.39 | 0.18 | 0.42 | 0.26 | 0.40 | 0.48 |
| Interest | 0.00 | 0.64 | 1.28 | 1.61 | 1.74 | 1.83 | 2.48 |
| Depreciation | 0.00 | 0.11 | 0.11 | 0.06 | 0.06 | 0.06 | 0.06 |
| Profit before tax | 0.41 | 0.68 | 0.29 | 0.53 | 1.77 | 3.12 | 1.09 |
| Tax % | 23.9% | 36.3% | 33.4% | −29.6% | 23.1% | 25.0% | 21.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.32 | 0.44 | 0.21 | 0.72 | 1.38 | 2.35 | 0.87 |
| EPS (Rs) | — | 0.48 | 0.16 | 0.27 | 0.67 | 0.93 | 0.33 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 4.40 | 5.99 | 12.49 | 12.51 | 24.94 | 24.94 |
| Reserves | 0.00 | 0.30 | 0.48 | 0.68 | 10.76 | 15.15 | 5.03 | 5.88 |
| Borrowings | 0.00 | 11.23 | 6.10 | 9.72 | 0.76 | 13.10 | 19.35 | 29.89 |
| Other Liabilities | −0.01 | 9.10 | 9.41 | 11.86 | 16.55 | 20.22 | 17.28 | 5.26 |
| Total Liabilities | 0.00 | 20.65 | 20.39 | 28.25 | 40.56 | 60.98 | 66.60 | 65.97 |
| Fixed Assets | 0.00 | 1.90 | 2.53 | 2.34 | 0.47 | 0.42 | 0.36 | 0.33 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.84 | 4.60 | 4.61 |
| Other Assets | 0.00 | 18.75 | 17.86 | 25.91 | 40.09 | 55.72 | 61.64 | 61.03 |
| Inventories | 0.00 | 8.26 | 6.90 | 10.22 | 12.67 | 14.65 | 21.38 | 26.47 |
| Trade receivables | 0.00 | 7.10 | 6.56 | 10.59 | 11.81 | 24.00 | 21.28 | 20.80 |
| Cash & equivalents | 0.02 | 2.77 | 3.02 | 3.69 | 3.35 | 5.33 | 7.19 | 5.81 |
| Total Assets | 0.00 | 20.65 | 20.39 | 28.25 | 40.56 | 60.98 | 66.60 | 65.97 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −6.65 | 3.14 | −4.54 | −17.25 | 1.98 | −3.00 | −9.84 |
| Cash from investing activity | −1.79 | −1.62 | 0.09 | 2.21 | −4.58 | 0.38 | 0.48 |
| Cash from financing activity | 11.21 | −1.27 | 5.13 | 14.76 | 4.59 | 4.49 | 8.04 |
| Net cash flow | 2.74 | 0.25 | 0.66 | −0.33 | 1.97 | 1.84 | −1.34 |
| Capex | 1.90 | 0.74 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −8.57 | 2.43 | −4.46 | −15.29 | 2.00 | −3.02 | −9.89 |
| CFO / OP % | −1,562.0% | 298.0% | −299.0% | −953.0% | 72.0% | −48.0% | −305.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 333 | 65 | 97 | 79 | 145 | 117 | 107 |
| Inventory days | 411 | 78 | 116 | 95 | 97 | 130 | 148 |
| Days payable | 449 | 96 | 103 | 39 | 116 | 74 | 17 |
| Cash conversion cycle | 293 | 44 | 109 | 133 | 124 | 171 | 236 |
| Working capital days | 111 | 17 | 20 | 136 | 106 | 111 | 125 |
| ROCE % | 7.3% | 8.8% | 11.6% | 9.7% | 10.9% | 11.0% | 6.5% |
For the Mar 2026 quarter, Promax Power reported sales of ₹34.52 Cr, down 7.3% year on year and net profit of −₹0.95 Cr, down 188.0% year on year. The operating margin was 1.5%.
Promax Power's sales for the year to Mar 2026 were ₹70.98 Cr.
Net profit for the year to Mar 2026 was ₹0.87 Cr. Earnings per share over the same trailing period were ₹0.33.
Promax Power reported borrowings of ₹29.89 Cr at Mar 2026, against cash and equivalents of ₹5.81 Cr.
Cash from operations was −₹9.84 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹9.89 Cr.