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Latest news about Prostarm Info Systems

Prostarm Infosystems Seeks to Quintuple Borrowing Limit to Rs 1,000 Crores 4 days ago

Prostarm Info Systems has issued a postal ballot notice to shareholders, proposing to increase its borrowing limit from Rs 200 Crores to Rs 1,000 Crores, a 400% increase. The company also seeks enhanced powers for loans, guarantees, and investments. This move follows their stock exchange listing on June 3, 2025, aiming to support expanded business operations and capitalize on growth opportunities. Shareholders are required to vote on these special resolutions, which could significantly impact the company's financial strategy.

Prostarm Info Systems Reports Q2 FY26 Sequential Growth Amid Challenging Market Conditions Nov 20, 2025

Prostarm Info Systems Secures CARE A- Rating for ₹200 Crore Bank Facilities Nov 14, 2025

ProStarm Info Systems Receives Favorable GST Ruling, Proceedings Dropped Oct 28, 2025

Prostarm Info Systems' Whole Time Director Raghu Ramesh Thammannashastri to Step Down Oct 24, 2025

More news about Prostarm Info Systems

11Sept 25

Prostarm 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.

09Sept 25

Prostarm Info Systems Establishes Subsidiary for 150 MW Battery Energy Storage Project

Prostarm Info Systems Limited has incorporated a wholly-owned subsidiary, Prostarm Karnataka BESS Private Limited, on September 9, 2025. The new entity will serve as a Special Purpose Vehicle for a 150 MW/300 MWh Standalone Battery Energy Storage System project at the 400kV Doni Substation in Karnataka. The project will be executed on a Build Own Operate basis through Tariff Based Competitive Bidding. The subsidiary has an authorized capital of ₹15,00,000 and a subscribed capital of ₹5,00,000, with Prostarm Info Systems holding 100% shareholding.

05Sept 25

Prostarm Info Systems Secures ₹45.72 Crore Annual Contract for Battery Energy Storage System

Prostarm Info Systems Limited has won a contract from Karnataka Power Transmission Corporation Limited (KPTCL) to set up a 150 MW/300 MWh Standalone Battery Energy Storage System. The 12-year build-own-operate contract includes an annual rental payment of ₹45.72 crore. The project will be located at the 400kV Doni Substation in Gadag District, Karnataka. The contract was awarded under Tariff Based Competitive Bidding and includes Viability Gap Funding from the state. This marks a significant step for Prostarm in the energy storage sector, crucial for grid stability and renewable energy integration.

20Aug 25

ProstarM Info Systems Secures Major Contract with Karnataka Power Transmission Corporation

ProstarM Info Systems has emerged as the lowest bidder for a 150 MW/300 MWh Standalone Battery Energy Storage System project with Karnataka Power Transmission Corporation Limited. The 12-year contract, valued at 457.20 million rupees annually, involves setting up the system at the 400kV Doni Substation in Gadag District. ProstarM will receive a monthly rental of 2.54 lakh rupees per MW, with additional Viability Gap Funding. The project was awarded through Tariff Based Competitive Bidding, strengthening ProstarM's position in the energy infrastructure sector.

19Aug 25

Prostarm Info Systems Establishes Subsidiary for 30MW BESS Project in Bihar

Prostarm Info Systems Limited has incorporated a wholly-owned subsidiary, Prostarm Bihar Bess Private Limited, to set up a 30MW/120MWh Battery Energy Storage System (BESS) project in Bihar. The subsidiary, formed on August 19, 2025, will act as a Special Purpose Vehicle for the project, which will be implemented at various Grid Sub-Station locations of Bihar State Power Transmission Company Limited. The project will receive Viability Gap Funding support and operate under the Build, Own, Operate, and Transfer model. The new subsidiary has an authorized capital of ₹15.00 lakh, with Prostarm Info Systems holding 100% shareholding through an initial subscription of ₹5.00 lakh.

18Aug 25

Prostarm Info Systems Reports Strong Q1 FY26 Performance, Expands BESS Capacity

Prostarm Info Systems Limited reported robust Q1 FY26 results with revenue of ₹549.00 million and an EBITDA margin of 7.29%. The company's order book stands at ₹3,137.00 million. Prostarm secured significant BESS projects, including a ₹520.00 million order from Adani Electricity and an LOA from Bihar State Power. The company is establishing a new 1.2 GWh BESS manufacturing facility in Haryana with a ₹250.00 million capex, expected to be commissioned by FY26 end. Prostarm operates across five business segments, with manufactured power solution products contributing 35% to FY25 revenue.

16Aug 25

Prostarm Info Systems Reports 40.8% Revenue Decline But 155.6% Profit Surge in Q1

Prostarm Info Systems Limited reported a 40.8% decrease in consolidated total income to ₹5,574.82 lakhs in Q1. Despite revenue decline, the company's Profit After Tax (PAT) increased by 155.6% to ₹182.80 lakhs. Profit Before Tax (PBT) rose by 169.4% to ₹250.31 lakhs. Earnings Per Share (EPS) improved from ₹0.17 to ₹0.41. The company's share capital increased by ₹1,600 lakhs to ₹5,887.46 lakhs.

14Aug 25

Prostarm Info Systems Reports Q1 FY26 Results, Revises Director Remuneration and Appoints New Auditors

Prostarm Info Systems Limited reported a 41.4% YoY decrease in revenue to ₹5,491.39 lakhs for Q1 FY26, but saw a 155.6% increase in net profit to ₹182.80 lakhs. The company's EPS improved from ₹0.17 to ₹0.41. The Board approved revised remuneration for Whole-Time Director Mr. Raghu Ramesh Thammannashastri, appointed M/s. Sandeep P Parekh & Co as Secretarial Auditors, and re-appointed M/s. Y R Doshi & Associates as Cost Auditor. The 18th AGM is scheduled for September 26, 2025. Prostarm recently completed its IPO, raising ₹16,800 lakhs by issuing 1.6 crore equity shares at ₹105 per share.

08Aug 25

Prostarm Info Systems Secures Rs 3.70 Crore UPS Supply Contract

Prostarm Info Systems Limited has won a contract worth Rs 3.70 crores from Electronic Payment & Services Private Limited. The contract involves supplying and installing UPS systems with Lithium Ion batteries and Isolation Transformers. The project has a 4-month completion timeline and includes a 7-year warranty. The company received the work order on August 8, and the contract is domestic in nature. Prostarm has confirmed that this is not a related party transaction and no promoters or group companies have any interest in the client company.

08Aug 25

Prostarm Info Systems Secures Rs. 15.98 Crore Annual Battery Storage Project in Bihar

Prostarm Info Systems Limited has been awarded a contract by Bihar State Power Generation Company Limited (BSPCL) to implement a 30MW/120 MWh Battery Energy Storage System (BESS). The project, valued at an annual rental of Rs. 15.98 crores, will be executed on a Build-Own-Operate-Transfer (BOOT) model for 12 years. The system will be implemented across multiple Grid Sub-Station locations of Bihar State Power Transmission Company Limited (BSPTCL). The contract was secured through a Tariff Based Competitive Bidding (TBCB) process and includes Viability Gap Funding (VGF) support.

23Jun 25

Prostarm Info Systems Reports Mixed Q4 Results: Revenue Up, Profit Down

Prostarm Info Systems released its Q4 financial results, showing a 7.33% increase in revenue to ₹820.00 million. However, net profit declined by 10.53% to ₹68.00 million. EBITDA slightly increased to ₹113.00 million, but the EBITDA margin decreased to 13.78% from 14.66% in the previous quarter.