Promax Power Ltd (PROMAX) Share Price & Fundamentals

What we do

Promax Power Ltd specializes in engineering, procurement, and construction (EPC) in power substations, transmission lines, solar projects, and water infrastructure across India.

Founded in

2,017

Market share

Established EPC player with recognized digital and SCADA expertise, expanding presence in power and infrastructure sectors.

Problem solved

Addresses India's power transmission and distribution infrastructure needs, including electrification and renewable energy integration challenges.

Top clients or who we serve

Serves power sector utilities, government bodies, and commercial clients in EPC and infrastructure development, focusing on B2B engagements.

Key management

Vishal Bhardwaj, Managing Director and Chairman; Promoter-led leadership with engineering and entrepreneurial background.

Our journey and innovations

Founded in 2017; acquired EPC business from Promax Technologies; expanded into battery storage and EV charging exports; strengthened SCADA capabilities.

Where we operate

Operations primarily in Punjab, West Bengal, Delhi, Karnataka; exports to US market for EV charging solutions.

Top products or what we offer

EPC services for power substations (11kV-220kV), transmission lines, solar projects, battery energy storage, civil infrastructure, industrial buildings, water management.

Top brands

-

Raw materials needed

-

Raw materials supplier

-

Recurring vs cyclical contribution

Revenue primarily project-based (cyclical) with recurring revenue from service and maintenance contracts.

Our industry position

Growing EPC firm listed on BSE SME platform with solid project execution and niche solutions in digital integration.

Financial highlights

Revenue ₹66.42 crore in FY25 with ₹2.34 crore net profit, showing steady growth over previous years.

Geographical revenue split

-

Order book

-

Whats driving growth

Growing demand in transmission and solar projects, digitalization in power sector, and entry into battery storage and US EV export markets.

Our future plans

Expand presence in T&D sector, increase EPC project orders, and develop new solutions in energy storage and EV infrastructure.

Our green promise

ISO 14001 certified; focused on sustainable power infrastructure including solar and battery storage solutions.

Our people and values

Diverse board including independent directors; promotes ethical conduct and zero tolerance for corruption; employee training prioritized.

Key challenges ahead

Market competition, regulatory changes, timely clearances, and scaling up green energy projects.

Interesting facts

Transitioned from a sole proprietorship to public limited company and opened access to international EV markets recently.

Risks and strategy

Mitigates project execution risks via compliance and strong governance; focuses on technological innovation to stay competitive.