Prostarm Info Systems Ltd
Prostarm Info Systems Strong FY26 Growth π β Order Book at INR 1,202 Cr, New Battery Plant Near Launch π
- Order book as of FY26-end: INR 1,202 crores (incl. L1), strong revenue visibility.
- New 1.2 GWh battery plant in Jhajjar, Haryana, expected by Q1 FY27.
- UPS Gujarat expansion delayed to Q2 FY27 due to supply chain issues.
- FY26 revenue: INR 386 crores (10% YoY growth).
- Q4 revenue: INR 105 crores (up 27% YoY, down 35% QoQ).
- Q4 EBITDA margin: 10.43% (FY26 margin at 12%, down 98 bps YoY).
- FY26 PAT: INR 33 crores (14% growth).
- Management targets 25%+ revenue growth for FY27.
- Focus on maintaining EBITDA margins at 12-13%.
- Effectively net debt-free (INR 102 Cr in fixed deposits).
- Supply chain disruptions from geopolitical tensions impacted Q4.
- Major clients: Adani, Karnataka Power, L&T, South Central Railway.
- Exploring hive-off of BESS projects; discussions ongoing.