Promax Power Ltd (PROMAX) — shareholding pattern, promoter holding, financials and share price

About Promax Power Ltd (PROMAX)

Promax Power Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as PROMAX and on the BSE under scrip code 543375. Its ISIN is INE0I2F01015.

Incorporated in 2004, Promax Power Ltd is involved in executing turnkey power, substations, transmission lines, and other activities [1]

Promax Power Limited specializes in EPC projects, focusing on electric substation and transmission line construction, power distribution, and the development of hydro and solar power stations across India.

Originally established as a private entity, Promax Power transitioned to a public company in 2021, enhancing its capital through an IPO that raised ₹1.6 Crore.

Listed peers in Civil Construction: Madhucon Projects Ltd, CCL International Ltd, Modern Engineering and Projects Ltd, Chiraharit Ltd, Rulka Electricals Ltd, V.L.Infraprojects Ltd.

Valuation & Returns

At ₹12.2 a share, Promax Power Ltd (PROMAX) was valued at a price-to-earnings ratio of 69.76x against an industry P/E of 25.97x and a price-to-book of 1.77x on a book value of ₹9.78 per share. Solomo computes return on equity of 2.6% and return on capital employed of 6.19% from filed results.

P/E
69.76x
Industry P/E
25.97x
P/B
1.77x
EPS (TTM)
₹0.87
Book value / share
₹9.78
ROE
2.6%
ROCE
6.19%
ROA
1.17%
Debt / equity
0.63x
Dividend yield
0%
EBITDA margin
4.01%
52-week range
₹11.83 – ₹34

Ratios are computed from filed results and the last recorded price. Not investment advice.

Financial Performance

Mar 2023

In the year ended Mar 2023, Promax Power Ltd (PROMAX) reported revenue of ₹54.55 crore, net profit of ₹0.77 crore and earnings per share of ₹0.31. That compares with revenue of ₹39.57 crore and net profit of ₹0.26 crore in Mar 2022. Figures are consolidated, as filed with the exchanges.

In the quarter ended Mar 2023, revenue was ₹32.69 crore and net profit ₹0.15 crore (consolidated).

Consolidated annual results for Promax Power Ltd (PROMAX), Mar 2021 to Mar 2023. Revenue and net profit in ₹ crore; EPS in ₹ per share.
MetricMar 2021Mar 2022Mar 2023
Revenue (₹ cr)36.8739.5754.55
Net profit (₹ cr)0.470.260.77
EPS (₹)0.530.220.31
Compound annual growth for Promax Power Ltd (PROMAX). Stock price CAGR is price return and excludes dividends.
Measure5Y3Y1Y
Sales growth53.62%18.84%37.87%
Profit growth49.71%126.16%255.00%
Stock price CAGR--15%-59%

Ownership Summary

Jun 2026

As of Jun 2026, promoters hold 68.97% of Promax Power Ltd (PROMAX) (unchanged from the previous quarter) and domestic institutional investors (DII) hold 0.09%. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2021.

Largest disclosed public shareholders in Jun 2026: RANJEET MECHATRONICS LIMITED 7.2%, HEMANTH KUMAR CHEBROLU 5.27%, PARAG SHAH 1.87%. Only stakes above the 1% disclosure threshold are named in filings.

QuarterPromoterPledgedFIIDIIPublic
Jun 202668.97%--0.09%31.03%
Mar 202668.97%--0.09%31.03%
Dec 202569.25%--0.09%30.75%
Sep 202569.25%--0.09%30.75%
Jun 202569.26%--0.09%30.74%
Mar 202569.25%--0.09%30.75%
Dec 202469.24%--0.09%30.76%
Sep 202469.24%--0.11%30.76%
Every quarter since Dec 2021 Filing data, not investment advice.