Promax Power Ltd

Promax Power Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Promax Power Ltd

₹ 34.6 1.59%
05 Feb 10:10 a.m.
promax.co.in BSE - SME: 543375
About

Incorporated in 2004, Promax Power Ltd is involved EPC Power & Solar projects and other related activities[1]

Key Points

Business Overview:[1]
Company is in the business of Engineering, Procurement, Construction (EPC - Power & Solar) projects for Electrification, Power Substations, Underground Cabling from 11kV to 220kV. Company also provides Turnkey execution of Civil Infrastructure projects viz. Industrial buildings and Turnkey execution of water infrastructure management projects viz. water transmission and distribution work

Website BSE
  • Market Cap ₹ 86.5 Cr.
  • Current Price ₹ 34.6
  • High / Low ₹ 92.8 / 33.2
  • Stock P/E 39.3
  • Book Value ₹ 11.6
  • Dividend Yield 0.00 %
  • ROCE 9.52 %
  • ROE 5.37 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.94 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.58% over last 3 years.
  • Debtor days have increased from 107 to 145 days.
  • Promoter holding has decreased over last 3 years: -4.09%

* 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

Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
24.32 20.86 20.86 21.88 32.69 28.72 31.54 29.35
23.71 19.99 19.99 21.05 31.72 27.41 29.53 27.03
Operating Profit 0.61 0.87 0.87 0.83 0.97 1.31 2.01 2.32
OPM % 2.51% 4.17% 4.17% 3.79% 2.97% 4.56% 6.37% 7.90%
0.19 0.11 0.11 0.31 0.10 0.08 0.17 0.18
Interest 0.53 0.58 0.58 0.73 0.89 0.83 0.91 0.78
Depreciation 0.05 0.06 0.06 0.03 0.03 0.03 0.03 0.03
Profit before tax 0.22 0.34 0.34 0.38 0.15 0.53 1.24 1.69
Tax % 45.45% 14.71% 14.71% -52.63% 26.67% 16.98% 25.81% 24.85%
0.12 0.29 0.29 0.59 0.12 0.44 0.93 1.27
EPS in Rs 0.14 0.33 0.24 0.49 0.05 0.22 0.46 0.51
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
-0.00 7.76 36.87 39.58 54.55 60.26 60.89
-0.00 7.34 35.81 38.06 52.75 56.93 56.56
Operating Profit -0.00 0.42 1.06 1.52 1.80 3.33 4.33
OPM % 5.41% 2.87% 3.84% 3.30% 5.53% 7.11%
-0.00 -0.00 0.38 0.17 0.41 0.25 0.35
Interest -0.00 -0.00 0.65 1.29 1.62 1.75 1.69
Depreciation -0.00 -0.00 0.10 0.10 0.05 0.05 0.06
Profit before tax -0.00 0.42 0.69 0.30 0.54 1.78 2.93
Tax % 23.81% 36.23% 33.33% -29.63% 23.03%
-0.00 0.31 0.43 0.20 0.71 1.37 2.20
EPS in Rs 0.49 0.17 0.28 0.68 0.97
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 18%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 90%
TTM: 293%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 33%
1 Year: -9%
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 5%
Last Year: 5%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 4.40 6.00 12.50 12.50 25.00
Reserves -0.00 0.31 0.49 0.69 10.80 15.20 3.98
-0.00 11.20 6.09 9.72 10.07 13.06 14.23
-0.00 9.15 9.45 11.91 7.31 20.32 32.90
Total Liabilities 0.01 20.67 20.43 28.32 40.68 61.08 76.11
-0.00 1.89 2.52 2.33 0.46 0.41 0.38
CWIP -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments -0.00 -0.00 0.01 0.01 0.01 4.85 4.62
0.01 18.78 17.90 25.98 40.21 55.82 71.11
Total Assets 0.01 20.67 20.43 28.32 40.68 61.08 76.11

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.00 -6.66 3.15 -4.55 -17.29 1.99
-0.00 -1.80 -1.63 0.10 2.22 -4.59
-0.00 11.20 -1.26 5.12 14.73 4.58
Net Cash Flow -0.00 2.75 0.26 0.67 -0.34 1.98

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 333.02 64.74 97.38 78.82 144.82
Inventory Days 410.81 77.74 116.28 95.16 97.25
Days Payable 449.65 97.48 103.63 39.84 116.81
Cash Conversion Cycle 294.18 45.00 110.02 134.14 125.27
Working Capital Days 310.91 46.63 99.04 198.12 183.11
ROCE % 7.29% 8.71% 11.61% 7.83% 9.52%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
73.33% 73.33% 73.33% 71.20% 74.74% 74.74% 72.32% 64.80% 64.80% 71.20% 69.24% 69.24%
0.67% 0.00% 0.50% 0.24% 0.00% 0.03% 0.02% 0.00% 0.02% 0.11% 0.11% 0.09%
26.00% 26.67% 26.17% 28.56% 25.26% 25.23% 27.65% 35.20% 35.18% 28.69% 30.65% 30.67%
No. of Shareholders 11295112135125126135133186198302365

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports