Prostarm Info Systems Ltd

Litigation update

• CESTAT appeal by Customs Department dismissed as withdrawn; order not yet uploaded.

Meeting Details

• Date and time: August 13, 2026 at 04:00 PM IST.
• Type and mode: group earnings conference call, virtual.
• Organizer: Arihant Capital hosted the call.

Participants

• Company management represented: CEO and CFO.

Purpose

• Purpose: earnings results discussion and operational updates for Q1 FY27.

Additional Notes

• Transcript: edited version available on the company's website.
• Recording: conference was recorded; stock exchange audio files are available.

AGM Details

• 19th AGM on Sept 11, 2026 at 03:00 IST via VC/OAVM.
• Deemed venue: Registered Office for VC/OAVM.
• Register of Members closed Sept 5–11, 2026.
• EVoting cut-off: Sept 4, 2026.
• EVoting window: Sept 8, 2026 to Sept 10, 2026.
• EVoting managed by NSDL.

Key Resolutions

• Item 1: Adopt standalone and consolidated financial statements for year ended March 31, 2026.
• Item 2: Re-appoint Ram Agarwal as Director, liable to retire by rotation.
• Item 3: Appoint M/s Valawat and Associates as Statutory Auditors.
• Item 4: Ratify remuneration of Cost Auditor M/s Y R Doshi & Co for 2026-27.
• Item 5: Alter MOA objects to include end-to-end IT and related services.
• Item 6: Special resolution to issue up to 29,43,717 Convertible Warrants on a preferential basis to non-promoter allottees.

Voting Results

• Voting results will be announced within two working days after the AGM.

Dividend

• Dividend: no proposal or declaration disclosed.

Director Changes

• Ram Agarwal to be re-appointed as Whole-time Director & CEO.

Auditor Appointments

• Appoint Valawat and Associates as Statutory Auditors for five years.
• Remuneration for Cost Auditor ratified at ₹70,000 plus taxes.

RPT / Other Approvals

• No material related-party transactions disclosed.
• Preferential issue of Convertible Warrants to non-promoter allottees approved.

Other Approvals

• Floor price fixed at ₹146.94; warrant issue price ₹147.
• Proceeds for working capital to be utilized within 24 months.

Financial snapshot

• FY2025-26 standalone revenue ₹37,788.05 Lakhs; consolidated ₹38,576.69 Lakhs.

• Standalone PAT ₹3,474.26 Lakhs; consolidated ₹3,300.50 Lakhs.

• Revenue growth: standalone +9.25%; consolidated +10.02% YoY.

• IPO completed in 2025; ₹14,893.48 Lakhs raised; listed on BSE/NSE in June 2025.

• Order book over ₹110.64 crore with robust bidding pipeline.

• Dividend: no dividend recommended for FY2025-26; Dividend Policy adopted.

• Total debt ₹84.12 crore; net debt to equity 0.29x; balance sheet strengthened.

• Equity capital post-IPO ₹58.87 crore; total equity ₹286.67 crore.

• Pan-India manufacturing footprint expanded; 3 operating units; 1.2 GWh BESS facility under development.

Meeting Details

• Date and time: August 13, 2026 at 04:00 PM IST.
• Type and mode: earnings conference call, virtual.
• Organizer: Prostarm Info Systems Limited.
• Recording: audio recording available on the company's website.

Participants

• Key company participants: Company Secretary and Compliance Officer.

Purpose

• Purpose: discuss unaudited quarterly results for quarter ended June 30, 2026.

Meeting Details

• Date/time: not disclosed; August 2026 reference.
• Event/Organizer: Investor Meet; Valorem Advisors (Investor Relations).

Participants

• Chairman & Managing Director.
• CFO (Chief Financial Officer).
• Company Secretary & Compliance Officer.
• Financial Controller.
• Chief People Officer.
• Independent Directors- Non-Executive.
• Promoters and senior management: CEO; Business Head; Whole-Time Director.
• Senior managerial roles: VP Technical; Chief Sales Officer; VP Operations; BU Head.

Purpose

• Earnings results discussion and investor interaction.

Additional Notes

• Recording/transcript availability not stated; presentation deck exists.

Business overview

• Core business: energy storage, UPS, power conditioning, BESS, EPC, and system integration.
• In-house manufacturing with third-party partners; customized solutions; AMC and rental services.
• Rooftop solar EPC: 10.56 MW commissioned across 100+ sites.

Operational highlights

• Q1-FY27 revenue up 38% YoY to INR 760 Mn; EBITDA margin 8.55%; PAT INR 46 Mn.
• Order book at INR 10,902 Mn; L1 BESS 113 Mn; Solar EPC 1,650 Mn won.
• Jhajjar BESS facility 1.2 GWh nearing commissioning; Gujarat UPS plant expansion by Q2FY27.
• SAP and Salesforce digitisation nearing completion by H1-FY27.

Financial performance

• Revenue from operations INR 760 Mn; EBITDA INR 65 Mn; PAT INR 46 Mn.
• EBITDA margin 8.55%; PAT margin 6.05%.

Capital structure & liquidity

• FY26 equity INR 2,867 Mn; borrowings current INR 833 Mn; non-current INR 8 Mn.
• Lease liabilities: current INR 10; non-current INR 79.
• Cash and equivalents INR 12 Mn; total liabilities INR 2,507 Mn; total assets INR 5,374 Mn.

Strategic priorities & outlook

• Strategic expansion into BESS manufacturing with in-house assembly.
• Target 236 GWh BESS demand by 2032 via local manufacturing.
• Capex INR 250 Mn for Jhajjar BESS facility; commissioning in H1 FY27.
• Improve operating efficiency; reduce working capital; expand pan-India footprint.

Governance & leadership

• Chairman & MD: Tapan Ghose; promoter Ram Agarwal on board; independent directors.
• CFO Abhishek Jain; Company Secretary Sachin Gupta; HR head Indrani Banerjee.

Monitoring details

• Issuer: Prostarm Info Systems Ltd.
• Monitoring agency: Acuité Ratings & Research Limited, appointed to monitor IPO proceeds utilization.
• Quarter ended: June 30, 2026.