About Promax Power Limited
Data last updated: 15 July 2026
Promax Power Limited is a public limited company based in Chandigarh, Chandigarh, India. It specialises in bop and btg services, a part of the broader energy and power sector. Incorporated on 21 August 2017, the company has been in operation for over 9 years.
Registered with ROC Chandigarh under CIN U74999CH2017PLC041692. Listed on BSE: 543375.
Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. Formerly known as Promax Power Private Limited. It is led by directors including Shweta Bhardwaj and Vishal Bhardwaj.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: First Floor Sco 69 Sector 38C, Chandigarh, Chandigarh, India – 160036.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹70.73 Cr, a growth of 6.49% compared to the previous year. The net worth stands at ₹30.9 Cr (up 2.85% YoY). Total assets are valued at ₹66.09 Cr (down 1.05% YoY).
The company has a workforce of approximately 2 employees as per the latest available data.
The company is associated with 1 brand - Promax. As per MCA filings, the company has open charges of ₹27.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promax.co.in.
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Registered AddressFirst Floor Sco 69 Sector 38C, Chandigarh, Chandigarh, India – 160036
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IndustryEnergy and Power, BoP & BTG Services, Power EPC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Promax Power Limited
Promax Power Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999CH2017PLC041692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999CH2017PLC041692 | Current |
| U74999CH2017PTC041692 | Previous |
| U74999CH2017PLC041692 | Previous |
Associated Brands with Promax Power Limited
Promax Power Limited operates one associated brand: Promax. These brands represent Promax Power Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Construction management services are provided in Delhi, India since 2004. | promax.co.in |
Business Activity of Promax Power Limited
Promax Power Limited is engaged in the principal business activity of construction, with detailed activities including demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details for Promax Power Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Promax Power Limited
Promax Power Limited is audited by MANISH JAIN & ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MANISH JAIN & ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Promax Power Limited
Promax Power Limited is currently managed by 6 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Shweta Bhardwaj
Also directs:
Promax Power Limited, Dynovate Creations Private Limited, Dynovate Insights Private Limited and 5 more
|
Director | 21 Aug 2017 | 8 Years 10 Months | Current |
|
Vishal Bhardwaj
Also directs:
Promax Power Limited, Eraveo Energy Private Limited, Dynovate Creations Private Limited and 5 more
|
Managing Director | 20 Aug 2021 | 4 Years 10 Months | Current |
|
Sanjay Kumar
Also directs:
Promax Power Limited
|
Director | 29 Sep 2021 | 4 Years 9 Months | Current |
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Vidya Bhardwaj
Also directs:
Promax Power Limited, Promax Plugup Ev Private Limited
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Director | 25 Dec 2024 | 1 Years 6 Months | Current |
|
Ravinder Singh
Also directs:
Promax Power Limited
|
Director | 25 Dec 2024 | 1 Years 6 Months | Current |
|
Shilpi Jain
Also directs:
Promax Power Limited, Paramount Syntex Limited
|
Director | 15 Oct 2024 | 1 Years 9 Months | Current |
Financials of Promax Power Limited FY 2026 filings available
Promax Power Limited reported revenue of ₹70.73 Cr (up 6.49% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹70.73 Cr | ₹66.42 Cr | ₹60.26 Cr | ₹54.57 Cr | ₹39.58 Cr |
| Other Income | ₹49.23 Lakh | ₹38.66 Lakh | ₹25.35 Lakh | ₹40.6 Lakh | ₹17.3 Lakh |
| Total Income | ₹71.22 Cr | ₹66.81 Cr | - | - | - |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹70.45 Cr | ₹66.66 Cr | ₹56.84 Cr | ₹51 Cr | ₹35.37 Cr |
| Changes in Inventories | -₹5.09 Cr | -₹6.71 Cr | -₹1.97 Cr | -₹2.44 Cr | -₹3.32 Cr |
| Employee Benefit Expense | ₹82.65 Lakh | ₹66.88 Lakh | ₹60.15 Lakh | ₹1.8 Cr | ₹2.71 Cr |
| Finance Costs | ₹2.49 Cr | ₹1.84 Cr | ₹1.73 Cr | ₹1.62 Cr | ₹1.07 Cr |
| Other Expenses | ₹1.39 Cr | ₹1.17 Cr | ₹1.47 Cr | ₹2.4 Cr | ₹3.53 Cr |
| Total Expenses | ₹70.13 Cr | ₹63.68 Cr | ₹58.73 Cr | ₹54.43 Cr | ₹39.45 Cr |
| Profit Before Tax | ₹1.1 Cr | ₹3.13 Cr | ₹1.78 Cr | ₹54.38 Lakh | ₹30.33 Lakh |
| Total Tax Expense | ₹24.06 Lakh | ₹78.54 Lakh | ₹40.92 Lakh | -₹16.7 Lakh | ₹10.09 Lakh |
| Net Profit | ₹85.68 Lakh | ₹2.34 Cr | ₹1.37 Cr | ₹71.08 Lakh | ₹20.25 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Total Assets | ₹66.09 Cr | ₹66.79 Cr | ₹61.08 Cr | ₹40.68 Cr | ₹28.32 Cr |
| Non-current Assets | ₹4.95 Cr | ₹4.96 Cr | ₹5.25 Cr | ₹46.27 Lakh | ₹2.33 Cr |
| Current Assets | ₹61.14 Cr | ₹61.83 Cr | ₹55.83 Cr | ₹40.22 Cr | ₹25.98 Cr |
| Property, Plant & Equipment | ₹32.44 Lakh | ₹35.49 Lakh | - | - | - |
| Inventories | ₹26.42 Cr | ₹21.33 Cr | ₹14.62 Cr | ₹12.66 Cr | ₹10.21 Cr |
| Cash & Equivalents | ₹5.8 Cr | ₹7.17 Cr | ₹5.32 Cr | ₹3.34 Cr | ₹3.68 Cr |
| Equity (Net Worth) | ₹30.9 Cr | ₹30.05 Cr | - | - | - |
| Current Liabilities | ₹31.09 Cr | ₹34.55 Cr | ₹33.09 Cr | ₹16.59 Cr | ₹20.09 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹9.86 Cr | -₹3.01 Cr | ₹1.88 Cr | -₹17.29 Cr | -₹4.55 Cr |
| Investing Cash Flow | ₹49.2 Lakh | ₹38.62 Lakh | ₹25.35 Lakh | -₹2.22 Cr | ₹9.83 Lakh |
| Financing Cash Flow | ₹8.03 Cr | ₹4.48 Cr | ₹4.69 Cr | ₹14.15 Cr | ₹5.12 Cr |
| Capital Expenditure | ₹0 | ₹0 | - | - | - |
| Free Cash Flow (computed) | -₹9.86 Cr | -₹3.01 Cr | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.35 Cr | ₹1.85 Cr | ₹6.82 Cr | -₹5.01 Cr | ₹66.95 Lakh |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Revenue from Operations | ₹54.57 Cr | ₹39.58 Cr |
| Other Income | ₹40.6 Lakh | ₹17.3 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹51 Cr | ₹35.37 Cr |
| Changes in Inventories | -₹2.44 Cr | -₹3.32 Cr |
| Employee Benefit Expense | ₹1.8 Cr | ₹2.71 Cr |
| Finance Costs | ₹1.62 Cr | ₹1.07 Cr |
| Other Expenses | ₹2.4 Cr | ₹3.53 Cr |
| Total Expenses | ₹54.43 Cr | ₹39.45 Cr |
| Profit Before Tax | ₹54.37 Lakh | ₹30.33 Lakh |
| Total Tax Expense | -₹16.7 Lakh | ₹10.09 Lakh |
| Net Profit | ₹71.07 Lakh | ₹25.87 Lakh |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Total Assets | ₹40.68 Cr | ₹28.41 Cr |
| Non-current Assets | ₹46.27 Lakh | ₹2.42 Cr |
| Current Assets | ₹40.22 Cr | ₹25.98 Cr |
| Inventories | ₹12.66 Cr | ₹10.21 Cr |
| Cash & Equivalents | ₹3.34 Cr | ₹3.68 Cr |
| Current Liabilities | ₹16.59 Cr | ₹20.09 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | -₹17.29 Cr | -₹4.55 Cr |
| Investing Cash Flow | -₹2.22 Cr | ₹9.83 Lakh |
| Financing Cash Flow | ₹14.15 Cr | ₹5.12 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | -₹5.01 Cr | ₹66.95 Lakh |
Charges & Borrowings of Promax Power Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Karnataka Bank Ltd. | ₹10 Cr | Open |
| 08 Apr 2021 | Karnataka Bank Ltd. | ₹3 Cr | Open |
| 16 Jan 2021 | Karnataka Bank Ltd. | ₹6 Cr | Open |
| 16 Jan 2021 | Karnataka Bank Ltd. | ₹3.25 Cr | Open |
| 16 Jan 2021 | Karnataka Bank Ltd. | ₹5 Cr | Open |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Promax Power Limited
View historical data on people associated with Promax Power Limited, including employment history and EPFO contributions.
Employee and EPFO history for Promax Power Limited
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GST Compliance of Promax Power Limited
GST registrations and filing compliance for Promax Power Limited
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Credit Ratings, Litigation & Regulatory Alerts for Promax Power Limited
Credit ratings, litigation, and regulatory alerts for Promax Power Limited
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MSME Payment Delays by Promax Power Limited
MSME payment history for Promax Power Limited
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Subsidiaries & Group Companies of Promax Power Limited
Corporate group structure for Promax Power Limited
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MCA Filings & Documents of Promax Power Limited
MCA filings and documents for Promax Power Limited
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Recent Activity on Promax Power Limited
Frequently Asked Questions about Promax Power Limited
Promax Power Limited is an active public limited company in the energy and power sector based in Chandigarh, Chandigarh, India. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN L74999CH2017PLC041692. Listed on BSE: 543375. The company has 2 employees.
Promax Power Limited reported revenue of ₹70.73 Cr for FY 2026 (up 6.49% YoY) based on standalone BSE filings.
The current directors of Promax Power Limited are:
- Shweta Bhardwaj - Director
- Vishal Bhardwaj - Managing Director
- Sanjay Kumar - Director
- Vidya Bhardwaj - Director
- Ravinder Singh - Director
- Shilpi Jain - Director
The primary industry of Promax Power Limited is energy and power. The company specifically operates in bop and btg services. The company is currently active in this sector.
Yes. Promax Power Limited is listed on BSE with code 543375.
Promax Power Limited can be reached at the registered office: First Floor Sco 69 Sector 38C, Chandigarh, Chandigarh, India – 160036, or through the website promax.co.in.