PROSTARM
Prostarm Info Systems financials
- Market cap
- ₹778 Cr
- Sector
- Capital Goods
- Calls analysed
- 3
Prostarm Info Systems Limited Q1 FY27
What went well
- Revenue from operations for Q1 FY27 stood at INR 76 crores, representing a 38% year-on-year growth.
- EBITDA for the quarter was INR 7 crores with an EBITDA margin of 8.55%, reflecting an improvement of 126 bps over the corresponding quarter for the previous year.
- Profit after-tax stood at INR 5 crores, registering a 156% year-on-year growth while PAT margin improved to 6.05%.
What to watch
- Revenue moderated sequentially from INR 104 crores in Q4 FY26 to INR 76 crores in Q1 FY27, attributed to the seasonal nature of the business.
- Quarterly margins may vary depending on the mix of projects executed, execution timelines, and revenue recognition, leading to Q1 EBITDA margin being lower than the full-year target.
Guidance record · Q1 FY27
what the last two calls moved 13 tracked 0 delivered 3 missed 10 open- Overall Revenue Growth missed said Q3 FY26 Promised: 20% to 25% plus Q1 FY27: The target was for FY26, which has concluded. The final verdict remains 'missed'.
- EBITDA Margin at risk said Q3 FY26 Promised: 12% to 15% as earlier Q1 FY27: Q1 FY27 EBITDA margin was 8.55%, significantly below the revised guidance of 12-13%. Management attributed this to seasonal weakness and project mix, but it puts the full-year target at risk.
- BESS Segment EBITDA Margin on track said Q3 FY26 Promised: minimum conservative 14% to 15% EBITDA Q1 FY27: Management reiterated the 14-15% EBITDA margin potential for the Jhajjar facility at optimal utilization. However, they also noted significant challenges in the BESS utility market, leading to a strategic shift to C&I, and the facility's commissioning has been delayed.
All 13 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 48.7%, net profit up 221.2% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99 | 76 | 78 | 51 | 65 −34% | 159 +111% | 103 +32% | 76 +49% |
| EBITDA | 21 | 12 | 11 | 3 | 11 −45% | 22 +87% | 12 +7% | 7 +104% |
| Net profit | 14 | 8 | 7 | 2 | 8 −40% | 16 +105% | 9 +28% | 5 +221% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −39.4% 1Y
1Y: ₹220.41 on 10 Sept 2025 → ₹133.63. High ₹229.35 (16 Sept 2025), low ₹115.41 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- −4.7%
- 13 Aug
- Q4 FY26
- −9.7%
- 25 May
- Q3 FY26
- −6.2%
- 16 Feb
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
| Year ending | FY26 |
|---|---|
| Revenue | ₹378 Cr |
| Operating profit | ₹48 Cr |
| Operating margin | 12.7% |
| Interest | ₹5 Cr |
| Depreciation | ₹3 Cr |
| Net profit | ₹35 Cr |
| Net margin | 9.2% |
| Cash from operations | ₹-49 Cr |
| Free cash flow | ₹-72 Cr |
| ROCE | 18.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹9 Cr | ₹9 Cr | ₹43 Cr | ₹43 Cr | ₹59 Cr | ₹59 Cr |
| Reserves | ₹21 Cr | ₹32 Cr | ₹19 Cr | ₹43 Cr | ₹205 Cr | ₹243 Cr |
| Borrowings | ₹0 Cr | ₹3 Cr | ₹24 Cr | ₹43 Cr | ₹16 Cr | ₹93 Cr |
| Other liabilities | ₹42 Cr | ₹49 Cr | ₹60 Cr | ₹71 Cr | ₹58 Cr | ₹156 Cr |
| Total liabilities | ₹72 Cr | ₹93 Cr | ₹146 Cr | ₹200 Cr | ₹338 Cr | ₹550 Cr |
| Fixed assets | ₹3 Cr | ₹5 Cr | ₹6 Cr | ₹13 Cr | ₹31 Cr | ₹38 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹9 Cr | ₹9 Cr | ₹0 Cr | ₹21 Cr |
| Investments | ₹0 Cr | ₹7 Cr | ₹3 Cr | ₹3 Cr | ₹0 Cr | ₹15 Cr |
| Other assets | ₹69 Cr | ₹82 Cr | ₹128 Cr | ₹175 Cr | ₹306 Cr | ₹476 Cr |
| Total assets | ₹72 Cr | ₹93 Cr | ₹146 Cr | ₹200 Cr | ₹338 Cr | ₹550 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +4.91 pp while FIIs trimmed −3.64 pp. The shareholder count grew 52% to 41,895.
- Promoters
- 72.8%
- FIIs
- 0.5%
- DIIs
- 0.9%
- Public
- 25.8%
Since Jun 2025
- Public +4.91 pp
- FIIs −3.64 pp
- DIIs −1.28 pp
How it drifted, 5 quarters
Over this window the public went from 20.9% to 25.8% — +4.9 pp.
Ownership split by quarter, oldest first. Jun '25: Promoters 72.8%, FIIs 4.2%, DIIs 2.1%, Public 20.9%.Sep '25: Promoters 72.8%, FIIs 0.7%, DIIs 0.7%, Public 25.8%.Dec '25: Promoters 72.8%, FIIs 0.6%, DIIs 1.4%, Public 25.2%.Mar '26: Promoters 72.8%, FIIs 0.9%, DIIs 0.8%, Public 25.5%.Jun '26: Promoters 72.8%, FIIs 0.5%, DIIs 0.9%, Public 25.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Prostarm Info Systems Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vikas Shyamsunder Agarwal | 24.03% | unchanged |
| Ram Aggarwal | 21.00% | unchanged |
| Sonu Ram Agarwal | 14.56% | unchanged |
| Sunita Agarwal | 5.19% | unchanged |
| Parvati Shyamsunder Agarwal | 5.10% | unchanged |
| Shyamsunder Balluram Agrawal | 1.23% | unchanged |
| Vikas S Agrawal Huf (Vikas Shyamsunder Agarwal) | 0.87% | unchanged |
| Shyam Agarwal | 0.42% | unchanged |
| Rashmi Harlalka | 0.42% | unchanged |
| Puspa Devi Agarwal | 0.01% | unchanged |
| Sushila Agarwal | 0.00% | unchanged |
| Om Prakash Agarwal | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
- Growth the price implies
- 14.6% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
All earnings calls (3)
Read the Q1 FY27 call →Learn to analyse Prostarm Info Systems Limited
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