Prostarm Info Systems Limited has secured a major contract from West Bengal Medical Services Corporation (WBMSC), Kolkata, after being declared the L-1 bidder for a comprehensive UPS supply and installation project worth ₹90.44 crores. The company announced this development through a regulatory filing under Regulation 30 of the SEBI Listing Regulations.

Contract Specifications

The awarded contract encompasses the supply, installation, testing, and commissioning of 6 KVA single phase input and single phase output online UPS systems, including batteries, across healthcare facilities throughout West Bengal. This project falls under the XV Finance Commission initiative and represents a significant addition to the company's order book.

Project Scope and Coverage

The contract covers an extensive network of healthcare facilities across West Bengal, totaling 3,439 installations. The comprehensive scope includes multiple categories of healthcare centers, ensuring widespread coverage of the state's medical infrastructure.

Regulatory Compliance and Business Impact

The company confirmed that this order was received in the normal course of business and complies with all regulatory requirements. The contract does not involve any related party transactions, and the promoter group has no interest in the awarding entity. Prostarm Info Systems Limited has 180 days from the contract award to complete the entire project scope.

Contract Terms and Execution

The project involves comprehensive services beyond just equipment supply, including professional installation, thorough testing, and complete commissioning of all UPS systems. This turnkey approach ensures that all healthcare facilities receive fully operational power backup solutions, critical for maintaining uninterrupted medical services across West Bengal's healthcare network.

Prostarm Info Systems has announced a major business win with the securing of an order valued at ₹90 crores. This significant contract award represents a substantial addition to the company's order book and is expected to have a meaningful impact on its financial performance.

Order Details and Timeline

The contract comes with a defined execution period, requiring completion within 180 days from commencement. This timeline indicates the company's commitment to delivering the contracted services or products within a focused timeframe.

Revenue Impact and Market Position

The order is projected to contribute approximately 25-30% to the company's annual revenue, highlighting the substantial nature of this business win. This percentage indicates that the contract represents a significant portion of the company's yearly business volume.

Currently, Prostarm Info Systems maintains a market capitalization of ₹740 crores, positioning it within the mid-cap segment of the Indian equity markets.

Business Implications

This order win demonstrates the company's ability to secure large-scale contracts in its operational domain. The 180-day execution timeline suggests efficient project management capabilities and client confidence in the company's delivery mechanisms. The substantial revenue contribution expected from this single order underscores its importance to the company's overall financial performance.