NewsOrders & DealsProstarm Info Systems Bags ₹158.68 Crore Maharashtra Police IT Infrastructure ContractProstarm Info Systems Bags ₹158.68 Crore Maharashtra Police IT Infrastructure Contract
Prostarm Info Systems has won a contract worth ₹158.68 crores from the Maharashtra Police for their Crime and Criminal Tracking Network & Systems (CCTNS) project. The company will provide, set up, and manage IT infrastructure for the state police force. Prostarm, a provider of power and IT solutions, has shown strong financial performance with a revenue CAGR of 27% and PAT CAGR of 38% over the last three years. The company is expanding into the Battery Energy Storage System (BESS) segment and is setting up a 1.2 GWh facility in Haryana.
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Prostarm Info Systems , a leading provider of power and IT solutions, has secured a significant contract with the Maharashtra Police for their Crime and Criminal Tracking Network & Systems (CCTNS) project. The company will be responsible for providing, setting up, and managing IT infrastructure for the state police force, in a deal valued at ₹158.68 crores.
Contract Details
The CCTNS project aims to create a comprehensive and integrated system for enhancing the efficiency and effectiveness of policing through adoption of principles of e-Governance. Prostarm's role in this project underscores its capabilities in delivering large-scale IT infrastructure solutions.
Company Profile
Prostarm Info Systems, incorporated in 2008, has established itself as a key player in the energy storage and power conditioning equipment sector. The company offers a wide range of products including:
- UPS systems
- Inverters (solar hybrid and lift)
- Lithium-ion battery packs
- Servo stabilizers
- Isolation transformers
In addition to its core offerings, Prostarm also provides end-user IT solutions such as desktops, laptops, printers, and multifunction devices. The company's services extend to installation, commissioning, warranty, rentals, after-sales services, and Annual Maintenance Contracts (AMCs).
Expansion and Growth
Prostarm is currently expanding its footprint in the Battery Energy Storage System (BESS) segment. The company is in the process of setting up a 1.2 GWh BESS facility in Jhajjar, Haryana, with a capital expenditure of ₹25 crore. This facility is expected to be commissioned by the end of FY26 and will cater to Commercial & Industrial (C&I) and utility-scale demand.
Financial Performance
The company has demonstrated strong financial performance in recent years:
| Metric | Performance |
|---|---|
| Revenue CAGR | 27.00% over the last three years |
| PAT CAGR | 38.00% over the last three years |
| Return on Equity (ROE) | 28.00% |
| Return on Capital Employed (ROCE) | 41.00% |
Market Position
Prostarm Info Systems boasts an impressive clientele, including major corporations and government entities such as Tata, Adani, L&T, Delhi Metro, Bank of Baroda, RBI, Bharat Petroleum, and Indian Oil. The recent contract with Maharashtra Police further solidifies its position in the government sector.
Future Outlook
With its robust product portfolio, strong financial performance, and expansion into new segments like BESS, Prostarm Info Systems appears well-positioned for future growth. The company is also planning to expand its global presence, targeting markets in Bangladesh, Sri Lanka, Africa, the Middle East, and Nepal.
The Maharashtra Police IT infrastructure contract represents a significant milestone for Prostarm, highlighting its capabilities in handling large-scale government projects and potentially opening doors for similar opportunities in the future.
