Promax Power Ltd
Incorporated in 2004, Promax Power Ltd is involved EPC Power & Solar projects and other related activities[1]
- Market Cap ₹ 154 Cr.
- Current Price ₹ 61.4
- High / Low ₹ 92.8 / 21.1
- Stock P/E 252
- Book Value ₹ 9.57
- Dividend Yield 0.00 %
- ROCE 7.79 %
- ROE 4.04 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 6.40% over last quarter.
Cons
- Stock is trading at 6.42 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Working capital days have increased from 115 days to 198 days
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
36.87 | 39.57 | 54.55 | |
35.81 | 38.05 | 52.75 | |
Operating Profit | 1.06 | 1.52 | 1.80 |
OPM % | 2.87% | 3.84% | 3.30% |
0.38 | 0.17 | 0.41 | |
Interest | 0.65 | 1.29 | 1.62 |
Depreciation | 0.10 | 0.10 | 0.05 |
Profit before tax | 0.69 | 0.30 | 0.54 |
Tax % | 36.23% | 33.33% | -29.63% |
0.47 | 0.26 | 0.77 | |
EPS in Rs | 0.53 | 0.22 | 0.31 |
Dividend Payout % | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 135% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 85% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Equity Capital | 4.40 | 6.00 | 12.50 |
Reserves | 0.52 | 0.78 | 10.95 |
6.09 | 9.78 | 10.06 | |
9.45 | 11.85 | 7.32 | |
Total Liabilities | 20.46 | 28.41 | 40.83 |
2.52 | 2.33 | 0.46 | |
CWIP | 0.00 | 0.00 | 0.00 |
Investments | 0.04 | 0.10 | 0.16 |
17.90 | 25.98 | 40.21 | |
Total Assets | 20.46 | 28.41 | 40.83 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
3.15 | -4.55 | -17.23 | |
-1.63 | 0.10 | 2.16 | |
-1.26 | 5.12 | 14.73 | |
Net Cash Flow | 0.26 | 0.67 | -0.34 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|
Debtor Days | 64.74 | 97.41 | 78.82 |
Inventory Days | 77.74 | 116.28 | 95.16 |
Days Payable | 97.48 | 103.63 | 39.84 |
Cash Conversion Cycle | 45.00 | 110.05 | 134.14 |
Working Capital Days | 46.63 | 99.62 | 198.12 |
ROCE % | 11.53% | 7.79% |
Documents
Announcements
- Intimation Of Sale Of Associate Company 1 Aug
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jul - Depository and Participation) Regulations, 2018 we hereby submit the Certificate issued by Cameo Corporate Services Limited, Registrar and Share transfer agent of the Company.
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Reply To Clarification On Price Movement
2 Jul - Have a bearing on the operation/ performance of the Company which include all price sensitive information under regulation 30 of SEBI ( LODR) Regulations, 2015 …
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Clarification sought from Promax Power Ltd
26 Jun - Exchange has sought clarification from Promax Power Ltd on June 26, 2024 with reference to significant movement in price, in order to ensure that investors …
- Results- Financial Results For March 31, 2024 30 May
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