
About Promax
Promax is a publicly listed company based in Delhi (India) founded in 2004. Construction management services are provided in Delhi, India since 2004. The company has 2 employees. Its Indian entity Promax Power Limited reported revenue of ₹71.22 Cr. Its focus areas include Real Estate and Construction, Construction Management Services and Diversified.
Company details
Promax was established in 2004 and is headquartered in Delhi, India. Construction management services are offered by the company within the building and infrastructure sector. Operations focus on project oversight, planning, and execution for various construction projects. Services include resource allocation, quality control, and compliance management. The company serves clients primarily in the Indian market, with activities centered in urban and regional developments.
- Headquarters Delhi, India
- Employees 2
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website promax.co.in
- Social LinkedIn Facebook
- Legal Name Promax Power Limited
- Market Cap₹43.75 Cr
PROMAX · BSE
- Share Price₹15.81
-9.66% today
- Revenue₹54.57 Cr
FY 2022-23 · +37.9% YoY
- EBITDA₹1.81 Cr
Margin 3.3%
- Net Profit₹0.61 Cr
FY 2022-23 · +134.6% YoY
- P/E (TTM)70.4x
P/B 1.8x
- ROE3.6%
ROCE 7.8%
- Debt / Equity0.66
Interest cover 92.0x
- Employee Count2
Associated legal entities of Promax
Promax operates through Promax Power Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Promax Power Limited Listed CIN L74999CH2017PLC041692 | Active | 21 Aug 2017 | Chandigarh, Chandigarh | ₹71.2 Cr | 2 | 8 | View details |
Board of directors of Promax Power Limited (Promax)
Promax Power Limited is the primary company behind Promax. The board of Promax Power Limited currently have 6 directors; the longest-serving is Shweta Bhardwaj, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shweta Bhardwaj DIN 03521776 | Director | 21 Aug 2017 | 9 yrs 2 mo | Promax Power Limited |
| Vishal Bhardwaj DIN 03133388 | Managing Director | 20 Aug 2021 | 5 yrs 2 mo | Promax Power Limited |
| Sanjay Kumar DIN 09293392 | Director | 29 Sep 2021 | 5 yrs | Promax Power Limited |
| Shilpi Jain DIN 09052552 | Director | 15 Oct 2024 | 2 yrs | Promax Power Limited |
| Vidya Bhardwaj DIN 10055223 | Director | 25 Dec 2024 | 1 yr 10 mo | Promax Power Limited |
| Ravinder Singh DIN 10886053 | Director | 25 Dec 2024 | 1 yr 10 mo | Promax Power Limited |
IPO & Listings of Promax
Promax is a publicly listed company on the BSE with ticker symbol PROMAX in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Oct 2021
- Listed onBSE: 543375
- Listed entityPromax Power Limited
- Exchange sectorCommercial services
- ISININE0I2F01015
- Share price₹15.51 · 2026-10-13
- Market capitalisation₹38.8 Cr
- Price to earnings93.4
- EPS (diluted, trailing year)₹0.17
- Volume (last session)2,500
Financials of Promax
Exchange-reported figures of Promax Power Limited, the listed company behind Promax (BSE: PROMAX).
Financial Highlights
FY 2022-23 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Income statement | |||
| Revenue | 54.57 | 39.58 | 36.87 |
| Revenue growth | +37.9% | +7.4% | - |
| EBITDA | 1.81 | 1.52 | 1.05 |
| EBITDA margin | +3.3% | +3.8% | +2.9% |
| Profit before tax | 0.55 | 0.30 | 0.68 |
| Net profit | 0.61 | 0.26 | 0.23 |
| Net profit margin | +1.1% | +0.7% | +0.6% |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Balance sheet | |||
| Total assets | 33.52 | 16.56 | 11.01 |
| Net worth | 23.45 | 6.78 | 4.92 |
| Total debt | 10.06 | 9.78 | 6.09 |
| Cash & bank | 3.34 | 3.68 | 3.01 |
| Net working capital | 32.95 | 14.48 | 7.79 |
| Cash flow | |||
| Cash from operations | (17.23) | (4.55) | 3.15 |
| Cash from investing | 2.16 | 0.10 | (1.63) |
| Cash from financing | 14.73 | 5.12 | (1.26) |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Net profit | 0.11 | 0.59 |
| EPS (₹) | 0.17 | 1.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 70.73 | 66.42 | 60.26 | 54.57 | 39.58 | 36.87 | 7.76 |
| Revenue growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| EBITDA | 3.15 | 4.63 | 3.33 | 1.81 | 1.52 | 1.05 | 0.42 |
| EBITDA margin | +4.5% | +7.0% | +5.5% | +3.3% | +3.8% | +2.9% | +5.4% |
| Profit before tax | 1.10 | 3.13 | 1.78 | 0.55 | 0.30 | 0.68 | 0.42 |
| Net profit | 0.86 | 2.35 | 1.37 | 0.55 | 0.20 | 0.20 | 0.32 |
| Net profit margin | +1.2% | +3.5% | +2.3% | +1.0% | +0.5% | +0.5% | +4.1% |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Balance sheet | |||||||
| Total assets | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Net worth | 30.90 | 30.05 | 27.70 | 23.30 | 6.69 | 4.89 | 0.32 |
| Total debt | 29.90 | 19.38 | 13.06 | 0.75 | 9.72 | 6.09 | 11.20 |
| Cash & bank | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Net working capital | 55.88 | 44.51 | 35.56 | 23.63 | 14.42 | 7.79 | 9.73 |
| Cash flow | |||||||
| Cash from operations | (9.86) | (3.01) | 1.99 | (17.29) | (4.55) | 3.15 | (6.66) |
| Cash from investing | 0.47 | 0.39 | (4.59) | 2.22 | 0.10 | (1.63) | (1.80) |
| Cash from financing | 8.03 | 4.48 | 4.58 | 14.73 | 5.12 | (1.26) | 11.20 |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| Total expenses | 31.72 | 21.04 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
Financial Statements
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Net profit | 0.11 | 0.59 |
| EPS (₹) | 0.17 | 1.03 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Revenue | 54.57 | 39.58 | 36.87 |
| Revenue growth | +37.9% | +7.4% | - |
| Other income | 0.41 | 0.17 | 0.38 |
| Total expenses | 52.76 | 38.06 | 35.82 |
| Employee cost | 1.79 | 2.41 | 1.57 |
| EBITDA | 1.81 | 1.52 | 1.05 |
| EBITDA margin | +3.3% | +3.8% | +2.9% |
| Depreciation | 0.05 | 0.10 | 0.10 |
| Interest | 1.62 | 1.29 | 0.65 |
| Profit before tax | 0.55 | 0.30 | 0.68 |
| Tax | (0.16) | 0.10 | 0.25 |
| Net profit | 0.61 | 0.26 | 0.23 |
| Net profit margin | +1.1% | +0.7% | +0.6% |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 12.50 | 6.00 | 4.40 |
| Reserves & surplus | 10.95 | 0.78 | 0.52 |
| Shareholders' funds (net worth) | 23.45 | 6.78 | 4.92 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 4.38 | 3.33 | 3.00 |
| Unsecured loans | 5.68 | 6.45 | 3.09 |
| Total debt | 10.06 | 9.78 | 6.09 |
| Total liabilities | 33.52 | 16.56 | 11.01 |
| Assets | |||
| Gross block | 0.61 | 2.50 | 2.62 |
| Net block | 0.45 | 2.33 | 2.52 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.16 | 0.10 | 0.04 |
| Inventories | 12.66 | 10.21 | 6.89 |
| Sundry debtors | 11.78 | 10.56 | 6.54 |
| Cash & bank balances | 3.34 | 3.68 | 3.01 |
| Loans & advances | 12.44 | 1.53 | 0.56 |
| Total current assets | 40.22 | 25.98 | 17.00 |
| Total current liabilities | 7.27 | 11.50 | 9.21 |
| Net working capital | 32.95 | 14.48 | 7.79 |
| Total assets | 33.52 | 16.56 | 11.01 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Opening cash | 3.68 | 3.01 | 2.76 |
| Net cash from operating activities | (17.23) | (4.55) | 3.15 |
| Net cash from investing activities | 2.16 | 0.10 | (1.63) |
| Net cash from financing activities | 14.73 | 5.12 | (1.26) |
| Net change in cash | (0.34) | 0.67 | 0.26 |
| Closing cash | 3.34 | 3.68 | 3.01 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Growth | |||
| Sales growth | +37.9% | +7.4% | - |
| EBITDA growth | +19.1% | +44.8% | - |
| PBT growth | +83.3% | -55.9% | +9997.0% |
| Net income growth | +134.6% | +13.0% | - |
| Profitability & leverage | |||
| Net income margin | +1.3% | +0.5% | +1.2% |
| Return on capital employed | +7.8% | +11.5% | +8.9% |
| Return on net worth | +3.6% | +3.4% | +4.1% |
| Debt / equity | 0.66 | 1.36 | 1.24 |
| Long-term debt / equity | 0.06 | 0.36 | 0.61 |
| Interest cover | 92.05 | 90.85 | 68.42 |
| Efficiency & per share | |||
| Fixed asset turnover | 35.09 | 15.46 | 14.07 |
| Inventory turnover | 4.77 | 4.63 | 5.35 |
| Debtors turnover | 4.89 | 4.63 | 5.64 |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 18.76 | 11.31 | 11.19 |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| Total expenses | 31.72 | 21.04 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 70.73 | 66.42 | 60.26 | 54.57 | 39.58 | 36.87 | 7.76 |
| Revenue growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| Other income | 0.49 | 0.39 | 0.25 | 0.41 | 0.17 | 0.38 | 0.00 |
| Total expenses | 67.58 | 61.79 | 56.93 | 52.76 | 38.06 | 35.82 | 7.34 |
| Employee cost | 0.00 | 0.42 | 0.36 | 1.79 | 2.41 | 1.57 | 0.00 |
| EBITDA | 3.15 | 4.63 | 3.33 | 1.81 | 1.52 | 1.05 | 0.42 |
| EBITDA margin | +4.5% | +7.0% | +5.5% | +3.3% | +3.8% | +2.9% | +5.4% |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.10 | 0.10 | 0.00 |
| Interest | 2.49 | 1.84 | 1.75 | 1.62 | 1.29 | 0.65 | 0.00 |
| Profit before tax | 1.10 | 3.13 | 1.78 | 0.55 | 0.30 | 0.68 | 0.42 |
| Tax | 0.24 | 0.78 | 0.41 | (0.16) | 0.10 | 0.25 | 0.10 |
| Net profit | 0.86 | 2.35 | 1.37 | 0.55 | 0.20 | 0.20 | 0.32 |
| Net profit margin | +1.2% | +3.5% | +2.3% | +1.0% | +0.5% | +0.5% | +4.1% |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.00 | 25.00 | 12.50 | 12.50 | 6.00 | 4.40 | 0.01 |
| Reserves & surplus | 5.90 | 5.05 | 15.20 | 10.80 | 0.69 | 0.49 | 0.31 |
| Shareholders' funds (net worth) | 30.90 | 30.05 | 27.70 | 23.30 | 6.69 | 4.89 | 0.32 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 8.53 | 3.00 | 3.40 |
| Unsecured loans | 29.90 | 19.38 | 13.06 | 0.75 | 1.19 | 3.09 | 7.80 |
| Total debt | 29.90 | 19.38 | 13.06 | 0.75 | 9.72 | 6.09 | 11.20 |
| Total liabilities | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Assets | |||||||
| Gross block | 0.64 | 0.61 | 0.61 | 0.61 | 2.50 | 2.62 | 1.89 |
| Net block | 0.33 | 0.35 | 0.40 | 0.45 | 2.33 | 2.52 | 1.89 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.62 | 4.61 | 4.85 | 0.01 | 0.01 | 0.01 | 0.00 |
| Inventories | 26.42 | 21.33 | 14.62 | 12.66 | 10.21 | 6.89 | 8.25 |
| Sundry debtors | 20.75 | 21.21 | 23.91 | 11.78 | 10.56 | 6.54 | 7.08 |
| Cash & bank balances | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Loans & advances | 8.17 | 12.12 | 11.98 | 12.44 | 1.53 | 0.56 | 0.68 |
| Total current assets | 61.14 | 61.83 | 55.83 | 40.22 | 25.98 | 17.00 | 18.77 |
| Total current liabilities | 5.26 | 17.32 | 20.27 | 16.59 | 11.56 | 9.21 | 9.04 |
| Net working capital | 55.88 | 44.51 | 35.56 | 23.63 | 14.42 | 7.79 | 9.73 |
| Total assets | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 | 0.01 |
| Net cash from operating activities | (9.86) | (3.01) | 1.99 | (17.29) | (4.55) | 3.15 | (6.66) |
| Net cash from investing activities | 0.47 | 0.39 | (4.59) | 2.22 | 0.10 | (1.63) | (1.80) |
| Net cash from financing activities | 8.03 | 4.48 | 4.58 | 14.73 | 5.12 | (1.26) | 11.20 |
| Net change in cash | (1.37) | 1.85 | 1.98 | (0.34) | 0.67 | 0.26 | 2.75 |
| Closing cash | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| EBITDA growth | -32.0% | +39.0% | +84.0% | +19.1% | +44.8% | +150.0% | - |
| PBT growth | -64.9% | +75.8% | +223.6% | +83.3% | -55.9% | +61.9% | +9997.0% |
| Net income growth | -63.4% | +71.5% | +149.1% | +175.0% | 0.0% | -37.5% | - |
| Revenue CAGR (3Y) | +9.0% | +18.8% | +17.8% | +91.6% | - | - | - |
| EBITDA CAGR (3Y) | +20.3% | +45.0% | +46.9% | +62.7% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | +3.5% | +2.3% | +1.3% | +0.5% | +1.2% | +4.1% |
| Return on capital employed | - | +11.0% | +10.9% | +9.6% | +11.6% | +8.7% | +7.1% |
| Return on net worth | - | +8.1% | +5.4% | +3.7% | +3.5% | +7.7% | +187.9% |
| Debt / equity | - | 0.56 | 0.27 | 0.35 | 1.37 | 3.32 | 33.94 |
| Long-term debt / equity | - | 0.04 | 0.02 | 0.06 | 0.36 | 1.84 | 19.97 |
| Interest cover | 80.32 | 40.17 | 53.35 | 92.05 | 90.85 | 68.42 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 108.89 | 98.79 | 35.09 | 15.46 | 16.35 | 8.21 |
| Inventory turnover | - | 3.70 | 4.42 | 4.77 | 4.63 | 4.87 | 1.88 |
| Debtors turnover | - | 2.94 | 3.38 | 4.89 | 4.63 | 5.41 | 2.19 |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 12.02 | 22.16 | 18.64 | 11.15 | 11.11 | 321.44 |
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Frequently Asked Questions about Promax
Promax was founded in 2004.
Promax is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Promax has 2 employees.
The primary company behind Promax, Promax Power Limited, reported revenue of ₹71.22 Cr for FY 2026, up 6% year on year.
Promax was established in 2004 and is headquartered in Delhi, India. Construction management services are offered by the company within the building and infrastructure sector. Operations focus on project oversight, planning, and execution for various construction projects. Services include resource allocation, quality control, and compliance management. The company serves clients primarily in the Indian market, with activities centered in urban and regional developments.
Yes, Promax is publicly traded on BSE under the ticker symbol PROMAX.
Promax operates through Promax Power Limited.
The legal entities of Promax currently have 8 directors, including Shweta Bhardwaj, Vishal Bhardwaj, Sanjay Kumar and others.
