Prostarm Info Systems Ltd: Comprehensive Company Profile

Background

Prostarm Info Systems Ltd, established on January 11, 2008, specializes in the design, manufacturing, assembly, sale, servicing, and supply of energy storage and power conditioning equipment. The company's mission is to provide reliable and innovative power solutions across various industries, ensuring uninterrupted power supply and enhancing operational efficiency.

Key Strategic Focus

Prostarm's strategic objectives include:

• Diversified Product Portfolio: Offering a wide range of products such as UPS systems, inverter systems, lift inverters, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilizers, and isolation transformers.

• Industry Diversification: Serving sectors including healthcare, aviation, research, BFSI, railways, defense, security, education, renewable energy, IT, and oil & gas.

• Geographical Expansion: Operating 22 branch offices and 2 storage facilities across 17 states and 1 union territory in India to enhance market reach and customer service.

Financials and Funding

Initial Public Offering (IPO):

• Issue Details: Launched on May 27, 2025, and closed on May 29, 2025, with a price band of ₹95 to ₹105 per share, raising ₹168 crore through the issuance of 1.6 crore new shares.

• Utilization of Proceeds: Funds allocated for working capital requirements, repayment of certain borrowings, pursuing inorganic growth through acquisitions, and general corporate purposes.

Financial Performance:

• Revenue Growth: Increased from ₹171.31 crore in FY22 to ₹257.87 crore in FY24, a CAGR of 22.69%.

• Profitability: Net profit rose from ₹10.87 crore in FY22 to ₹22.83 crore in FY24, a CAGR of 44.91%.

• Return Metrics: Return on Net Worth (RoNW) at 32.09% and Return on Capital Employed (RoCE) at 32.41% in FY24.

Technological Platform and Innovation

Prostarm's technological advancements include:

• Proprietary Technologies: Development of in-house products like UPS systems, solar hybrid inverters, and lithium-ion battery packs.

• Scientific Methodologies: Implementation of advanced manufacturing processes and quality control measures to ensure product reliability and efficiency.

Leadership Team

• Ram Agarwal: Founder and Promoter with over 16 years of experience in electrical and electronic control, energy storage, and power conditioning solutions.

• Sonu Ram Agarwal: Promoter with significant contributions to the company's strategic initiatives.

• Vikas Shyamsunder Agarwal: Promoter involved in overseeing operational aspects and business development.

Competitor Profile

Market Insights and Dynamics:

• Industry Growth: The Indian UPS market generated revenues of ₹96,432 million in FY24, up from ₹89,713 million in FY23, with a projected CAGR of 8.22% until FY30.

Competitor Analysis:

• Servotech Power System Limited:

• Revenue: ₹353.68 crore in FY24.

• P/E Ratio: 314.55.

• RoNW: 10.50%.

• NAV per Share: ₹6.54.

• Sungarner Energies Limited:

• Revenue: ₹17.69 crore in FY24.

• P/E Ratio: 152.68.

• RoNW: 16.78%.

• NAV per Share: ₹41.32.

Strategic Collaborations and Partnerships

Prostarm has established relationships with key clients and organizations, including:

• Larsen & Toubro Limited: Providing power solutions for various projects.

• Tata Power Co. Limited: Supplying energy storage and power conditioning equipment.

• Bajaj Finance Limited: Offering tailored power solutions to meet financial sector needs.

Additionally, Prostarm is an empanelled vendor for:

• Airports Authority of India.

• Central Public Works Department, Patna Bihar.

• Public Works Department, New Delhi.

• West Bengal Public Health Engineering Department.

• West Bengal Electronic Industry Development Corporation Limited.

• Telangana State Technology Services Limited.

• Railtel Corporation of India Limited.

• NTPC Vidyut Vyapar Nigam Limited.

Operational Insights

Prostarm's competitive advantages include:

• Diverse Product Portfolio: Catering to multiple industries with a range of power solutions.

• Strong Financial Performance: Demonstrating consistent revenue and profit growth.

• Extensive Distribution Network: Ensuring wide market reach and efficient service delivery.

Strategic Opportunities and Future Directions

Prostarm aims to:

• Expand Manufacturing Capabilities: Invest in additional facilities and enhance production processes.

• Pursue Inorganic Growth: Explore acquisitions and strategic alliances to diversify product offerings and enter new markets.

• Leverage Technological Innovations: Integrate automation and advanced technologies to improve product quality and operational efficiency.

Contact Information

For more information, visit Prostarm Info Systems Ltd's official website.