Business Update Positive

2026-08-20 15:28

- Prostarm Info Systems Limited announced that the appeal filed by the Customs Department against the company regarding a disputed amount of INR 25.66 Crores has been dismissed as withdrawn by the Hon'ble CESTAT.

Business Update Positive

2026-08-18 12:29

- Q1 FY27 revenue from operations grew 38% YoY to ₹76Cr. Margin improved by 126 bps YoY to 8.55% for EBITDA, and PAT grew 156% YoY to ₹5Cr. - Order book stood at ₹1,090Cr as of June 30, 2026, providing strong execution visibility. - Targeting minimum 25% revenue growth for FY27 and maintained annual EBITDA margin guidance of 12-13%. - Expect cash flow from operating activities to turn positive by FY27 end, with working capital days targeted at 120-150 by March 2027. - New 1.2 GWh BESS manufacturing facility at Jhajjar and UPS facility in Gujarat expected operational by end of H1 FY27. - Focusing on the C&I segment for BESS for better margins; Jhajjar facility utilization expected 20-25% in FY27, 40-50% in FY28, targeting ₹500-600Cr revenue in FY28.

Business Update Neutral

2026-08-13 21:00

- Audio recording of Earnings Conference Call for the Quarter Ended June 30, 2026, held on August 13, 2026, at 04:00 PM (IST), is available on the company's website.

Business Update Positive

2026-08-13 20:10

- Prostarm Info Systems Ltd. presented an Investor Presentation in August 2026. - Key highlights include INR 10,852 Mn total order in hand. - Achieved 3-year Revenue CAGR of 18.75% and 3-year PAT CAGR of 19.58%. - Q1 FY27 Operating Income was INR 760 Mn with an EBITDA Margin of 8.55%. - Recently secured significant BESS orders under BOOT/BOO models and an EPC order from Adani Electricity.

Business Update Positive

2026-08-13 14:34

- Investor Presentation for Q1 FY27 (quarter ended June 30, 2026). - Total Order in Hand: INR 10,852 Mn. - 3-year Revenue CAGR: 18.75%; 3-year PAT CAGR: 19.58%. - Q1 FY27 Operating Income: INR 760 Mn; EBITDA Margin: 8.55%.

Governance Positive

2026-08-12 18:01

- The Board of Directors of Prostarm Info Systems Limited approved the alteration of the Memorandum of Association (MOA) on August 12, 2026, subject to approval by members at the forthcoming 19th Annual General Meeting. - The alteration involves inserting a new sub-clause to expand the company's object clause to include providing end-to-end system integration, IT infrastructure solutions, digital technology services, AI, ML, IoT, Renewable Energy Integration, Battery Energy Storage Systems, and various turnkey projects and managed services.

Governance Neutral

2026-08-12 17:57

- Board of Directors approved the appointment of M/s. Valawat and Associates Chartered Accountants as Statutory Auditors at its meeting on August 12, 2026. - The appointment is for a term of five consecutive years, from the conclusion of the ensuing Annual General Meeting until the 24th Annual General Meeting (FY 2030-31). - The appointment is subject to approval by the members at the forthcoming 19th Annual General Meeting.

Financials Positive

2026-08-12 17:54

- Q1 FY27 Consolidated Revenue ₹78.58Cr vs ₹55.75Cr (▲41% YoY) - EBITDA ₹6.49Cr vs ₹3.80Cr (▲71% YoY) - PAT ₹4.58Cr vs ₹1.83Cr (▲151% YoY) - EBITDA Margin 8.26% vs 6.82% (▲144bps)

Financials Positive

2026-08-12 17:47

- Q1 FY27 Consolidated Revenue ₹76.05 Cr vs ₹54.91 Cr (▲38.5% YoY) - EBITDA ₹9.02 Cr vs ₹4.73 Cr (▲90.5% YoY) - PAT ₹4.58 Cr vs ₹1.83 Cr (▲150.5% YoY) - EBITDA Margin 11.86% vs 8.62% (▲324bps) - Approved the appointment of M/s. Valawat and Associates Chartered Accountants as Statutory Auditors for a five-year term. - Approved alteration of the Object Clause of the Memorandum of Association to include broader IT, digital technology, AI, ML, and energy solutions. - Approved preferential allotment of 29.44 Lakh Fully Convertible Warrants at ₹147/- each, aggregating ₹43.27 Crores, to non-promoter investors. - Scheduled the 19th Annual General Meeting for September 11, 2026. - Noted a delay in commencing operations at new facilities due to awaiting regulatory approvals, now expected by September 30, 2026.

Financials Positive

2026-08-12 17:25

- Q1 FY27 Consolidated Revenue ₹76.05 Cr vs ₹54.91 Cr (▲38.5% YoY) - EBITDA ₹6.49 Cr vs ₹3.90 Cr (▲66.3% YoY) - PAT ₹4.58 Cr vs ₹1.83 Cr (▲150.5% YoY) - EBITDA Margin 8.53% vs 7.10% (▲143bps) - Board approved the appointment of M/s. Valawat and Associates Chartered Accountants as Statutory Auditors for five years. - Board approved raising funds up to ₹43.27 Cr by issuing fully convertible warrants to non-promoter investors on a preferential basis. - The 19th Annual General Meeting (AGM) for FY26 is scheduled for September 11, 2026. - Commencement of operations at new facilities is delayed to on or before September 30, 2026, awaiting regulatory licence/approval.

Business Update Neutral

2026-08-07 17:11

- Concall Schedule - Concall Date: Thursday, August 13, 2026 - Concall Time: 04:00 PM (IST) - Purpose: To discuss the financial performance for the Quarter ended June 30, 2026 (Q1FY27).

Governance Neutral

2026-08-04 17:16

- Board Meeting scheduled for Wednesday, August 12, 2026. - Agenda includes considering Un-Audited Financial Results for the Quarter ended June 30, 2026, and raising funds via preferential allotment. - Trading window remains closed from July 01, 2026, until 48 hours post results announcement.

Business Update Negative

2026-07-23 14:50

- Prostarm Info Systems Limited announced the cancellation of its L-1 bidder status for a 3 KVA UPS supply project by the Karnataka State Fire and Emergency Services department. No contract was executed.

Business Update Negative

2026-07-17 16:25

- Prostarm Info Systems' L-1 bidder status for two tenders from West Bengal Medical Services Corporation (WBMSC) Kolkata has been cancelled. - The tenders were for supply, installation, testing & commissioning of 10 KVA and 6 KVA UPS. - No order/contract was executed due to the cancellation by WBMSC.

Business Update Negative

2026-07-15 17:46

CRITICAL RED FLAG DETECTED

- Prostarm has revised the timeline for commercial production at its 1.2 GWh BESS manufacturing facilities in Jhajjar and Bakrol. - Production is now expected to commence on or before September 30, 2026. - The delay is attributed to unavoidable circumstances, external factors, and geopolitical conditions impacting resource availability.

Business Update Neutral

2026-07-07 14:41

- EV Swapping Private Limited, a Promoter Group company of Prostarm Info Systems, has been voluntarily struck off by the Registrar of Companies, effective July 06, 2026. - The company confirmed this action will have no material impact on its operations or financial position.

Routine Neutral

2026-06-26 12:17

- Trading window for Designated Persons and their relatives closed from July 01, 2026. - Closure is for un-audited financial results for the quarter ended June 30, 2026. - The window will reopen 48 hours post result declaration.

Governance Positive

2026-06-26 12:10

- The company announced the voting results of its postal ballot, concluded on June 25, 2026. - All three special resolutions proposed to the members were passed with the requisite majority. - Resolutions passed include: variation in the objects/utilisation of IPO proceeds, amendments to the Prostarm Employee Stock Option Plan 2024 for company employees, and amendments to the ESOP 2024 for subsidiary company employees.

Business Update Positive

2026-06-24 11:41

- Order Win: Prostarm Info Systems Limited won an order from Karnataka State Fire and Emergency Services. - Order Value: ₹4.03 Crores. - Order Details: Supply, Installation, Testing, and Commissioning of 3 KVA UPS with Battery Conforming to IS 16242. - Completion Timeline: 60 days. - Date Correction: The filing clarifies an earlier intimation's date was corrected from June 3, 2026, to June 23, 2026, with no other changes.

Business Update Positive

2026-06-23 17:57

- Order Win: Prostarm Info Systems Limited won an order from Karnataka State Fire and Emergency Services for Supply Installation Testing and Commissioning of 3 KVA UPS with Battery Conforming to IS 16242 - Order Value: ₹4.03 Crores. - Completion Timeline: 60 days.

Business Update Positive

2026-06-16 17:02

- Management Committee approved strategic realignment of manufacturing operations. - Servo Stabilizer business relocating Pisoli to Mahape; Lithium Battery from Mahape to Bakrol. - Objective: enhance efficiency, optimize resources, achieve economies of scale. - Expected completion by August 2026.

Business Update Neutral

2026-06-08 15:54

- Investor Meet Schedule - Date: June 12, 2026 - Time: 1 PM to 2 PM

Business Update Neutral

2026-06-03 11:10

- Analysts Meet Schedule - Date: Tuesday, June 09, 2026 - Organizer: Valorem Advisors - Format: Virtual

Business Update Positive

2026-05-28 17:53

Management guided for a minimum of 25% revenue growth for FY27, supported by a robust order book of INR 1202 crores and INR 257 crores in bids under evaluation. The company expects its 1.20 GWh Jhajjar battery manufacturing facility to be operational by end of Q1 FY27 and Gujarat UPS facility by Q2 FY27. It is effectively net debt-free and expects operating cash flow to turn positive by Q3 FY27, with FY27 working capital of INR 200 crores to be met by internal accruals and debt. Overall EBITDA margin is expected to be maintained at 12-13% YoY.

Governance Negative

2026-05-26 14:15

CRITICAL RED FLAG DETECTED

Prostarm Info Systems Limited announced a postal ballot and e-voting from May 27, 2026, to June 25, 2026, for three special resolutions. Shareholders are asked to approve a variation in IPO proceeds utilization, specifically re-allocating ₹1,248.31 Lakhs from 'inorganic growth/strategic initiatives' to 'funding working capital requirements'. An exit offer will be made to dissenting shareholders if this resolution passes with a majority but less than 90% shareholder approval. Additionally, amendments to the Prostarm Employee Stock Option Plan 2024 for both company and subsidiary employees are proposed.

Business Update Neutral

2026-05-25 17:36

Prostarm Info Systems Limited announced the availability of the audio recording of its Earnings Conference Call for the quarter and year ended March 31, 2026. The recording, which discusses the audited financial results, is accessible on the company's website.

Routine Neutral

2026-05-25 15:21

Prostarm Info Systems Limited submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026, on May 25, 2026. The report confirms the company's compliance with Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and states that no significant non-compliances, regulatory actions by SEBI or Stock Exchanges, or resignations of statutory auditors occurred during the review period.

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