This document is an investor presentation for the Quarter and Half Year ended September 30, 2026 (Q2/H1-FY27), filed pursuant to Regulation 30 of the SEBI Listing Regulations. The presentation provides a comprehensive business and financial update.
Financial Highlights
- Q2-FY27 Performance: Revenue from Operations was INR 1,200 Mn, up 82.1% YoY. EBITDA was INR 94 Mn (7.83% margin), and PAT was INR 61 Mn (5.08% margin). Diluted EPS was INR 1.01.
- H1-FY27 Performance: Revenue from Operations was INR 1,961 Mn, up 62.3% YoY. EBITDA was INR 158 Mn (8.06% margin), and PAT was INR 107 Mn (5.46% margin). Diluted EPS was INR 1.78.
- Margin Pressure: EBITDA and PAT margins moderated due to the execution of lower-margin orders, higher input costs, freight, foreign exchange, increased employee costs, and overheads from new facilities.
- Balance Sheet (H1-FY27): Total Assets/Equity stood at INR 5,964 Mn. Net Debt was INR 1,062 Mn. Working capital days increased to 192 days from 185 days in FY26, primarily due to higher inventory and government deposits.
- Order Book: The total order in hand is INR 11,207 Mn. This includes a BESS-Developer order of INR 8,538.48 Mn (with annual rental of INR 617 Mn over 12 years) and a BESS-EPC order of INR 546.51 Mn.
Strategic & Operational Highlights
- New Manufacturing Facilities: Commenced operations at a 1.2 GWh BESS plant in Jhajjar, Haryana, and a new UPS unit in Bakrol, Gujarat, on September 25, 2026.
- Manufacturing Realignment: Relocated lithium battery manufacturing to Bakrol, Gujarat, and transferred servo stabilizers and isolation transformer operations to Mahape, Navi Mumbai in Q2-FY27.
- International Expansion: Initiated exports with a sample Home Energy Storage System (Home ESS) sent to an overseas customer in October 2026.
- System Implementation: Successfully implemented SAP and Salesforce during Q2 FY27 to enhance operations.
- Business Segments: The company operates across Power Electronics, System Integration, Solar EPC, Value-Added Services (Rentals, AMC), and the new BESS vertical.
Management
Key management participants detailed in the presentation include Promoters Ram Agarwal, Sonu Ram Agarwal, and Vikas Agarwal, along with the full Board of Directors and Senior Management team, including CFO Abhishek Jain and CS Sachin Gupta.
Additional Notes Section
The document is an attached investor presentation that was made available on the company's website at www.prostarm.com under the 'Investor' tab. The presentation contains extensive financial data, operational metrics, and forward-looking statements. It includes a disclaimer stating that no unpublished price sensitive information (UPSI) is being shared and that the information is not current after the date of the presentation.