Prostarm Info Systems Limited has announced the receipt of a Letter of Acceptance from South Eastern Railway for a major solar power infrastructure project. The contract, valued at ₹13.43 crores, involves the supply, installation, and erection of a solar power plant at SRC Jurisdiction (Phase 2), marking a significant milestone in the company's renewable energy portfolio.

Contract Details and Specifications

The comprehensive contract encompasses multiple phases of project execution, extending beyond initial installation to include long-term maintenance services. The project specifications include a 12-month execution timeline from the date of LOA issuance, ensuring timely delivery of the solar power infrastructure.

Project Scope and Timeline

The contract covers the complete lifecycle of solar power plant development, from initial supply through final installation and erection. The 12-month execution period demonstrates the substantial scale of the infrastructure project, while the inclusion of 5-year Comprehensive Maintenance Contract (CMC) ensures long-term operational efficiency and reliability.

Business and Regulatory Context

This contract award represents business secured through normal commercial operations, with no related party transactions involved. The company has confirmed that neither promoters nor group companies have any interest in South Eastern Railway, ensuring arm's length transaction principles.

Strategic Significance

The solar power plant project aligns with India's renewable energy initiatives and demonstrates Prostarm Info Systems' capabilities in large-scale infrastructure development. The contract's domestic nature reflects the company's strong positioning within the Indian renewable energy sector, particularly in railway infrastructure modernization projects.

The announcement follows the company's earlier communication dated February 06, 2026, indicating ongoing business development activities in the renewable energy segment. This contract award reinforces the company's technical expertise and execution capabilities in solar power infrastructure development.

Prostarm Info Systems Limited has released the official transcript of its earnings conference call for the quarter and nine months ended December 31, 2025, following the company's strong financial performance in Q3FY26.

Earnings Call Transcript Release

The company filed the earnings conference call transcript with stock exchanges on February 18, 2026, pursuant to Regulation 30 and 46(2) of SEBI Listing Regulations. The call was held on February 16, 2026, at 02:00 p.m. (IST) and was hosted by Valorem Advisors.

Outstanding Q3FY26 Financial Performance

The company delivered exceptional financial results for Q3FY26, demonstrating significant sequential and year-on-year growth across all key metrics.

Strategic BESS Expansion Plans

During the earnings call, management highlighted the company's aggressive expansion into Battery Energy Storage Systems (BESS) manufacturing. The 1.2 GWh BESS facility in Jhajjar, Haryana is nearing commissioning and expected to be operational in Q4FY26.

Robust Order Book Position

The company maintains a strong order book with significant revenue visibility for upcoming quarters.

Manufacturing Strategy and Capacity Expansion

The company is strategically expanding its manufacturing capabilities across multiple locations with dedicated facilities for different product segments.

Key Management Insights from Earnings Call

CEO Ram Agarwal emphasized the company's evolution from equipment supplier to comprehensive power solutions provider. CFO Abhishek Jain highlighted the project-based nature of business with EBITDA margins expected to remain in the 12-15% range. The management expressed confidence in achieving 20-25% growth for FY26 based on strong order book execution.

Government Policy Support for BESS

Management indicated that upcoming government policies mandating 50% domestic content for BESS tenders from April 1st will significantly benefit Indian manufacturers like Prostarm, providing pricing advantages and market protection against Chinese imports.

Strong Balance Sheet Position

The company has achieved net debt-free status with long-term debt reducing from ₹34 million in March 2025 to ₹15 million in 9M FY26, providing enhanced financial flexibility for expansion initiatives.