Is Promax Power a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Promax Power Ltd is a below average quality company .

Is Promax Power undervalued or overvalued?

The key valuation ratios of Promax Power Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Promax Power share price return in the past 10 years?

Data is not available for this company

Is Promax Power a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Promax Power Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Promax Power Ltd - Stock Valuation and Financial Performance

Name: Promax Power
Brand: Promax Power

BSE: 543375 | NSE: | Engineering - Construction | Small Cap

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Promax Power Share Price

₹42 -0.05 -0.12%
as on 20-Dec'24 16:59

10 Year X-Ray of Promax Power:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0%	7.2%	11.9%	11.8%	8.7%	9.5%	-
Value Creation Index ⓘ	NA	-0.5	-0.2	-0.2	-0.4	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	7.8	36.9	39.6	54.6	60.3	60
Sales YoY Gr.	-	NA	375.1%	7.4%	37.9%	10.4%	-
Adj EPS ⓘ	-0	155.7	0.2	0.2	0.2	0.6	0.6
YoY Gr.	-	NA	-99.9%	-19.1%	35.3%	139.1%	-
BVPS (₹) ⓘ	5	160.7	5.6	5.6	9.3	11.1	16.1
Adj Net Profit ⓘ	0	0.3	0.2	0.2	0.6	1.4	1
Cash Flow from Ops. ⓘ	0	-6.7	3.2	-4.6	-17.3	2	-
Debt/CF from Ops. ⓘ	0	-1.7	1.9	-2.2	-0.6	6.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	NA	17.8%	10.4%
Adj EPS ⓘ	NA	NA	37.8%	139.1%
BVPSⓘ	NA	17.3%	25.8%	18.9%
Share Price	-	-	49%	33.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-0.1	188	7	3.5	3.8	5.4	4.1
Op. Profit Mgn % ⓘ	0	5.4	2.9	3.9	3.3	5.5	NAN
Net Profit Mgn % ⓘ	0	4	0.5	0.5	1	2.3	2.3
Debt to Equity ⓘ	0	34.9	1.3	1.5	0.4	0.5	-
Working Cap Days ⓘ	0	377	153	171	198	265	0
Cash Conv. Cycle ⓘ	0	195	48	77	98	106	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.79%

Net Profit is growing at healthy rate in last 3 years 37.84%

Debt to equity has declined versus last 3 years average to 0.47

Return on Equity has declined versus last 3 years average to 4.10%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Promax Power Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.6	0.3
TTM Sales (₹ Cr.)	60.3	54.6
BVPS (₹.) ⓘ	16.1	0
Reserves (₹ Cr.) ⓘ	15	11
P/BV ⓘ	2.61	0.00
PE ⓘ	76.55	136.08

From the Market
52 Week Low / High (₹)	25.30 / 92.82
All Time Low / High (₹)	5.50 / 92.82
Market Cap (₹ Cr.)	105
Equity (₹ Cr.)	25
Face Value (₹)	10
Industry PE ⓘ	37.9

Management X-Ray of Promax Power:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Promax Power

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Promax Power

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	0	8	37	40	55	60
Operating Expenses ⓘ	0	7	36	38	53	57
Manufacturing Costs	0	0	1	2	2	1
Material Costs	0	7	32	32	49	55
Employee Cost	0	0	2	2	1	0
Other Costs ⓘ	0	0	1	2	1	1
Operating Profit ⓘ	0	0	1	2	2	3
Operating Profit Margin (%)	-	5.4%	2.9%	3.9%	3.3%	5.5%
Other Income ⓘ	0	0	0	0	0	0
Interest ⓘ	0	0	1	1	2	2
Depreciation ⓘ	0	0	0	0	0	0
Exceptional Items ⓘ	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	1	0	1	2
Tax ⓘ	0	0	0	0	0	0
Profit After Tax	0	0	0	0	1	1
PAT Margin (%)	-	4.0%	1.2%	0.5%	1.3%	2.3%
Adjusted EPS (₹)	0.0	155.7	0.5	0.2	0.3	0.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	0	0	5	7	23	28
Share Capital ⓘ	0	0	4	6	13	13
Reserves ⓘ	0	0	0	1	11	15
Minority Interest	0	0	0	0	0	0
Debt	0	11	6	8	10	13
Long Term Debt	0	7	3	1	1	0
Short Term Debt	0	4	3	7	9	13
Trade Payables	0	9	9	9	5	18
Others Liabilities ⓘ	0	0	1	4	2	3
Total Liabilities ⓘ	0	21	20	28	41	61
Fixed Assets
Gross Block	0	2	3	2	1	1
Accumulated Depreciation	0	0	0	0	0	0
Net Fixed Assetsⓘ	0	2	3	2	0	0
CWIP ⓘ	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	0	5
Inventories	0	8	7	10	13	15
Trade Receivables	0	7	7	11	12	24
Cash Equivalents	0	3	3	4	3	5
Others Assetsⓘ	0	1	1	2	12	12
Total Assets ⓘ	0	21	20	28	41	61

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-7	3	-5	-17	2
PBT ⓘ	0	1	0	1	2
Adjustment ⓘ	0	0	1	1	1
Changes in Working Capital ⓘ	-7	2	-6	-19	-1
Tax Paid ⓘ	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	-2	-2	0	2	-5
Capex	-2	-1	0	2	0
Net Investments	0	0	0	0	-5
Others ⓘ	0	-1	0	0	0
Cash Flow From Financing Activityⓘ	11	-1	5	15	5
Net Proceeds from Shares ⓘ	0	4	2	16	0
Net Proceeds from Borrowing ⓘ	7	-4	-2	0	3
Interest Paid ⓘ	0	-1	-1	-1	-1
Dividend Paid ⓘ	0	0	0	0	0
Others ⓘ	5	-2	6	1	3
Net Cash Flow ⓘ	3	0	1	0	2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	N/A	N/A	16.64	3.5	4.74	5.38
ROCE (%)	N/A	N/A	11.88	11.83	8.7	9.52
Asset Turnover Ratio	0	0.75	1.79	1.62	1.58	1.18
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	-17	2
Working Capital Days
Receivable Days	0	333	67	79	75	108
Inventory Days	0	388	75	79	76	83
Payable Days	0	225	100	101	54	76

Promax Power Ltd Stock News

Promax Power Ltd FAQs

What is the share price of Promax Power?

Company share prices are keep on changing according to the market conditions. The closing price of Promax Power on 20-Dec-2024 16:59 is ₹42.00.

What is the market cap of Promax Power?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Promax Power stood at ₹105.0.

What is the P/E ratio of Promax Power?

The latest P/E ratio of Promax Power as of 20-Dec-2024 16:59 is 76.55.

What is the P/B ratio of Promax Power?

The latest P/B ratio of Promax Power as of 20-Dec-2024 16:59 is 2.61.

What is the 52-week high and low of Promax Power?

The 52-week high of Promax Power is ₹92.82 and the 52-week low is ₹25.30.

What is the TTM revenue of Promax Power?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Promax Power is ₹60.26 ( Cr.) .

About Promax Power Ltd

Promax Power Limited was originally incorporated as “Promax Power Private Limited” on August 21, 2017 vide certificate of incorporation under the provisions of sub-section (2) of section 7 of the Companies Act, 2013 (18 of 2013) issued by the Central Registration Centre, Registrar of Companies. Subsequently, the company was converted into Public Limited Company vide a fresh certificate of incorporation issued by Registrar of Companies-Chandigarh, consequent upon conversion from Private Limited to Public Company dated April 20, 2021 in the name of “Promax Power Limited”.

The company is founded and promoted by Chandigarh based Vishal Bhardwaj and his wife Shweta Bhardwaj in the year 2017 with a motive to take over the business of M/s. Promax Technologies (a sole proprietorship firm of Vishal Bhardwaj) as a going concern basis and to continue the similar and related business activity in the name of the company. This was done to corporatize and build a professionally managed and Board driven organization. M/s. Promax Technologies (a sole proprietorship firm of Vishal Bhardwaj) was into undertaking of EPC projects (Engineering, Procurement and construction) of Electric substation & Transmission line, Power distribution, Hydro, Solar power stations etc. operating since 2006.

Business area of the company

The company is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. The company's business segments can be divided into:

Transmission Lines - projects in transmission lines including extra high tension & high tension transmission line & substation bays varying up to 220 KV.
Power Transmission & Distribution - complete electrification of high-rise buildings, industrial houses, hotels, multiplexes, and commercial complexes.
Substation - The company undertakes all types of electrical works like indoor and outdoor lighting, laying of cables, erection of transformers and switchyards up to 220 KV, erection of poles, installation of floodlights, etc. which also includes design and detailed engineering for EHV substations and transmission lines, etc.
Solar Projects EPC - High-quality services in the EPC space, from the initial design stage to the start-up of the installation, management, and implementation.
Sewerage Treatment Plant
Water Treatment Plant

Milestones

2006: “M/s. Promax Technologies” a sole proprietary firm, is established by Mr. Vishal Bhardwaj and started the execution of EPC project in power sector.
2016: Opened branch office in Kolkata, West Bengal.
2017: Incorporation of “Promax Power private Limited” as a Private Limited company with a motive to take over the business of M/s. Promax Technologies (a sole proprietorship firm of Vishal Bhardwaj).
2020: Opened branch office in Delhi.
2020: The company received ISO certifications.
2020: Business of M/s. Promax technologies taken over by Promax Power Private Limited as a going concern on a slump sale “as is where is” basis vide Slump Sale Agreement dated March 31, 2020 at a value of Rs. 1.82 crores.
2021: Opened branch office in Bangalore.
2021: The Private Limited got converted into Public Limited.