Company Profile
Prostarm Info Systems Limited is an Indian company specializing in power conditioning and backup solutions. Founded in 2008 and based in Navi Mumbai, the company designs, manufactures, and services a wide range of products aimed at ensuring uninterrupted and efficient power supply across industries.
With three ISO-certified manufacturing facilities and a presence in over 17 states and a union territory, Prostarm has built a strong distribution and service network. It caters to sectors like banking, healthcare, IT, education, defense, and renewable energy.
The company’s product portfolio includes uninterruptible power supply (UPS) systems, inverters, solar hybrid solutions, lithium-ion batteries, voltage stabilizers, and isolation transformers. It also undertakes rooftop solar projects and provides annual maintenance services.
Prostarm’s growth strategy is focused on expanding its reach, improving product innovation, and leveraging its strong customer base, which includes major private and public sector organizations across India.
Business Model
Prostarm Info Systems Limited operates on a business-to-business (B2B) model, providing power backup and energy management solutions to various industries across India. The company designs, manufactures, installs, and services a wide range of power conditioning equipment.
Key Components of the Business Model:
- Product Sales:
Prostarm generates revenue by selling a variety of power-related products such as UPS systems, inverters, lithium-ion batteries, and solar hybrid solutions to institutions and enterprises. - Project Execution (EPC):
The company undertakes turnkey projects for rooftop solar power systems, handling engineering, procurement, and construction (EPC) for clients across sectors. - Service and Maintenance:
Prostarm offers annual maintenance contracts (AMCs), repair services, and technical support for its installed products, generating recurring income. - Industry Focus:
The business serves critical sectors such as banking, healthcare, education, IT, telecom, defense, and renewable energy, where power reliability is essential. - Nationwide Distribution:
Through its widespread network of branch offices and service centers, Prostarm ensures timely delivery, installation, and support across India.
Product Portfolio
Prostarm Info Systems Limited offers a wide array of power backup and energy management products that serve the needs of businesses and institutions across India. The company’s products are designed to deliver reliable performance in diverse conditions.
🔌 Power Backup Solutions
- Online and Line-Interactive UPS Systems: Designed to provide uninterrupted power supply to critical equipment, protecting against voltage fluctuations and outages.
- Lift Inverters: Specialized inverters for elevator systems, ensuring safety and smooth operation during power failures.
- Hybrid Solar Inverters: Combine solar energy with conventional sources to provide consistent, eco-friendly power.
🔋 Energy Storage and Power Management
- Lithium-Ion Battery Packs: Compact, long-lasting energy storage solutions suitable for various industrial and commercial applications.
- Servo-Controlled Voltage Stabilizers: Maintain stable voltage output to protect sensitive devices.
- Isolation Transformers: Ensure safety by electrically isolating the power supply from the connected devices.
☀️ Renewable Energy Systems
- Rooftop Solar Power Solutions: Includes design and installation of solar photovoltaic systems for commercial and institutional rooftops.
- Integrated Solar Backup Systems: Combine solar energy with battery storage and inverter technology for continuous power.
🔧 Services
- Annual Maintenance Contracts (AMCs): Ongoing support and maintenance to ensure optimal product performance.
- Custom Solutions: Tailored power management setups based on customer-specific needs and operational requirements.
Features Across Products:
Prostarm’s products are built to ensure performance, reliability, and energy efficiency across various applications. These key features are common across their product range:
✅ High Reliability
- Designed to deliver consistent performance under varying load and environmental conditions.
- Suitable for mission-critical operations in sectors like healthcare, banking, defense, and IT.
✅ Energy Efficiency
- Optimized to reduce power consumption, lowering operational costs over time.
- Hybrid and solar-integrated solutions support clean and sustainable energy use.
✅ Advanced Protection Mechanisms
- Products include built-in protections such as overload, short circuit, surge, and thermal safeguards.
- UPS and inverters are equipped with automatic voltage regulation (AVR) for steady output.
✅ Smart Monitoring & Control
- Many systems include digital displays, remote monitoring capabilities, and intelligent battery management.
- Advanced diagnostics help in preventive maintenance and reduce downtime.
✅ Scalability & Customization
- Modular UPS and solar systems allow easy expansion as power needs grow.
- Solutions can be customized to meet specific industry requirements or infrastructure constraints.
✅ Compact & User-Friendly Design
- Space-efficient designs suited for modern commercial and industrial spaces.
- Easy installation and minimal maintenance requirements.
Financial Snapshot (as of March 31, 2024)
📊 Financial Highlights (₹ in Crores)
| Metric | FY2023–24 | FY2022–23 |
|---|---|---|
| Revenue from Operations | ₹270.27 crore | ₹259.23 crore |
| Profit After Tax (PAT) | ₹22.11 crore | ₹22.83 crore |
| EBITDA Margin | 14.20% | 13.70% |
| Net Profit Margin | 8.84% | 8.84% |
| Return on Net Worth (ROE) | 32.09% | 31.41% |
| Return on Capital Employed (ROCE) | 32.41% | 32.40% |
| Debt-to-Equity Ratio | 0.51 | 0.51 |
| Net Worth | ₹107.24 crore | ₹84.30 crore |
| Total Assets | ₹230.04 crore | ₹203.05 crore |
| Market Capitalization | ₹618.18 crore | N/A |
📈 Key Financial Ratios
| Ratio | Value | Remarks |
|---|---|---|
| EBITDA Margin | 14.20% | Indicates efficient operating cost management. |
| Net Profit Margin | 8.84% | Reflects strong profitability relative to revenue. |
| Return on Net Worth (ROE) | 32.09% | Signifies effective use of shareholder capital. |
| Return on Capital Employed (ROCE) | 32.41% | Shows high efficiency in generating profits from total capital. |
| Debt-to-Equity Ratio | 0.51 | Moderate leverage, suggesting balanced financial risk. |
| Interest Coverage Ratio | 6.5× (approx.) | Indicates strong ability to service debt obligations. |
| Current Ratio | 1.75 | Reflects good short-term liquidity and working capital management. |
| Asset Turnover Ratio | 1.18× | Measures efficiency in utilizing assets to generate revenue. |
Initial Public Offering (IPO) Plans
- IPO Opening Date: May 27, 2025
- IPO Closing Date: May 29, 2025
- Stock Exchanges: Listing on BSE and NSE
- Issue Size: Approximately ₹168 crore
- Price Band: ₹95 to ₹105 per share
- Number of Shares: Around 1.6 crore equity shares offered
- Issue Type: Fresh issue of shares to raise funds
- Purpose of Funds:
- To meet working capital needs
- To repay or prepay certain debts
- To support expansion through acquisitions
- To finance strategic growth plans
- For general corporate purposes
- Registrar and Lead Manager: Appointed for smooth handling of the IPO process
Objectives of the Issue
Working Capital Requirements:
To support day-to-day business operations and ensure smooth cash flow.
Debt Repayment:
Prepayment or repayment of existing borrowings to reduce financial costs and improve the balance sheet.
Inorganic Growth:
Funding potential acquisitions or strategic partnerships to expand market presence and capabilities.
Strategic Initiatives:
Investment in new projects, technology upgrades, or capacity enhancement to drive future growth.
General Corporate Purposes:
For other operational and corporate needs as decided by the company.
🎯 Objectives of the IPO
To Meet Working Capital Requirements:
Ensuring smooth day-to-day operations and managing operational expenses effectively.
Repayment or Prepayment of Borrowings:
Reducing existing debt to lower interest costs and strengthen the company’s financial position.
Funding Inorganic Growth:
Pursuing acquisitions or strategic investments to expand business reach and capabilities.
Implementing Strategic Initiatives:
Investing in technology, capacity expansion, and other growth-oriented projects.
General Corporate Purposes:
Supporting miscellaneous corporate activities and future business needs.
Future Outlook
Prostarm Info Systems is expected to experience strong growth driven by expanding demand for reliable power backup and energy solutions. The company plans to scale up its revenue significantly in the coming years through:
- Market Expansion: Increasing presence not only in India but also in international markets such as Bangladesh, Nepal, and potentially the Middle East and Africa.
- Product Diversification: Exploring opportunities in emerging sectors like electric vehicle (EV) infrastructure and renewable energy integration.
- Industry Tailwinds: Benefiting from growth in sectors reliant on uninterrupted power, supported by government initiatives promoting digital infrastructure and clean energy.
- Strategic Investments: Focus on technological upgrades, capacity enhancement, and potential acquisitions to strengthen market position.
Overall, Prostarm is positioned to leverage favorable market trends and internal strengths to achieve sustainable long-term growth.
Key Growth Areas:
- Uninterruptible Power Supply (UPS) Solutions:
Expansion in demand from sectors like IT, healthcare, banking, and telecommunications requiring reliable power backup. - Renewable Energy Integration:
Growth in hybrid solar inverters and rooftop solar power systems aligning with the global shift toward sustainable energy. - Energy Storage Systems:
Increasing adoption of lithium-ion batteries and advanced energy storage solutions for commercial and industrial applications. - Geographical Expansion:
Extending market reach to neighboring countries and emerging international markets including the Middle East and Africa. - Electric Vehicle (EV) Infrastructure:
Entry into the EV ecosystem with power conditioning and storage products supporting charging infrastructure. - Customized & Modular Solutions:
Development of scalable and tailored power management systems to meet diverse customer needs.
🧭 Vision and Leadership
Vision:
Prostarm aims to be a leading provider of reliable, efficient, and sustainable power backup and energy solutions. The company focuses on innovation, customer satisfaction, and environmental responsibility to support the growing energy needs of India and beyond.
Leadership:
Prostarm is led by an experienced team of professionals committed to driving growth and operational excellence. The leadership emphasizes strategic planning, technology advancement, and strong corporate governance to create long-term value for stakeholders.
Market Positioning and Growth Prospects
Prostarm Info Systems Limited is a prominent player in India’s power electronics and energy storage sector. The company offers a wide range of products including UPS systems, solar inverters, lithium-ion batteries, and lift inverters. With a strong presence across many cities and districts, Prostarm serves various industries such as healthcare, banking, railways, and education. Its extensive installation base reflects a reliable and trusted brand in the market.
🚀 Growth Prospects
- Rising Market Demand: Increasing infrastructure development and digital adoption are driving demand for power backup solutions, benefiting Prostarm’s product offerings.
- Strategic Expansion: The company aims to grow significantly in the next few years, targeting higher revenue and broader market reach.
- New Sector Focus: Prostarm is diversifying into emerging areas like electric vehicle infrastructure and renewable energy, aligning with global sustainability trends.
