Promax Power Limited - Company overview

Promax is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L74999CH2017PLC041692). Business overview in…

2017-08-21 Chandigarh, Chandigarh Active Listed Active Compliant
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PP Promax Power Limited
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Key Metrics

AUTHORISED CAPITAL
25.00 cr
PAID-UP CAPITAL
25.00 cr
COMPANY AGE
8 Years 10 Months
since 2017-08-21
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
5
27.25 cr
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2023-11-16 18:30:21

Company Health Scores

Health scores for Promax covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score

Overall counterparty comfort for Promax, blending its compliance record, financial strength, board stability and operating track record.

Active EPFO registration indicates payroll and employees on record.

Compliance Score

Statutory standing of Promax with the Ministry of Corporate Affairs - company status, annual filings and regulatory flags.

The company is registered as Active with MCA and holds active GST registration.

Financial Health Score

Profitability, leverage and liquidity of Promax computed from financial statements filed with the Registrar of Companies.

Filed financial statements are available for this company.

Director Risk Score

Board composition, DIN status and director churn for Promax based on MCA director records.

Current board of directors is on record with MCA.

Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Promax

Promax is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN L74999CH2017PLC041692). Business overview includes Energy and Power (BoP & BTG Services), incorporated on August 21, 2017 (9+ years old), headquartered in Chandigarh, Chandigarh, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹54.98 Cr with a profit of ₹71.08 Lakh. It has 8 active directors. The company employs approximately 2 people.

BoP & BTG Services Power EPC
  • Location First Floor, Sco 69, Sector 38C,, Chandigarh, Chandigarh - 160036
  • Website promax.co.in
Name History
CIN / LLPINL74999CH2017PLC041692
Company No.041692
Stock Symbol BSE: 543375
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date2017-08-21
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusListed
ROC CodeRoc Chandigarh
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Promax

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors of Promax (8)

S
Director | Since 2024-10-15
S
Director | Since 2021-09-29
A
CFO | Since 2021-08-06
A
Company Secretary | Since 2023-10-09
V
Managing Director | Since 2021-08-20
V
Director | Since 2024-12-25

Charges of Promax

Karnataka Bank Ltd. : 27.25 cr
Open Charges: 5 Satisfied Charges: 0
Open 27.25 cr
Satisfied 0
LenderAmountStatus
Karnataka Bank Ltd.
Creation Date: 01 Dec 2023
10.00 cr Open
Karnataka Bank Ltd.
Creation Date: 08 Apr 2021
3.00 cr Open
Karnataka Bank Ltd.
Creation Date: 16 Jan 2021
3.25 cr Open

Business Activity

Activity GroupDescriptionTurnover %
Construction-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Promax
What is CIN of Promax?
The Corporate Identification Number (CIN) for Promax is L74999CH2017PLC041692. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 041692 as per MCA.
When was Promax incorporated?
Promax was incorporated 8 years 10 months ago on 21 Aug 2017.
What is paid-up capital and authorised share capital of Promax?
The paid-up capital of Promax is ₹ 250,000,000.00 and authorised share capital is ₹ 250,000,000.00.
Who are the current board members and directors of Promax?
Currently 8 directors are associated with Promax: Shilpi Jain, Sanjay Kumar, Amar Nath Dey, Ankitkumar Rajendra Shah, Vishal Bhardwaj, Vidya Bhardwaj, Shweta Bhardwaj, Ravinder Singh.
  • Shilpi Jain
  • Sanjay Kumar
  • Amar Nath Dey
  • Ankitkumar Rajendra Shah
  • Vishal Bhardwaj
  • Vidya Bhardwaj
  • Shweta Bhardwaj
  • Ravinder Singh
What is the registered address of Promax?
As per Ministry of Corporate Affairs (MCA), the registered address of Promax is First Floor, Sco 69, Sector 38C,, Chandigarh, Chandigarh, Chandigarh, 160036, India.
Is Promax registered with any stock exchange in India?
Yes, Promax is registered on Bombay Stock Exchange (BSE).
What is the official website of Promax?
The official website of Promax is https://promax.co.in.
What is the ROC code of Promax?
Promax ROC code is Roc Chandigarh.
What is the company classification of Promax?
Promax is classified as Public Limited Indian Non-Government Company.
Promax - is it listed or unlisted?
Promax is a Listed company.
What is the current status of Promax?
Promax is currently Active and registered in Chandigarh, Chandigarh, India.
What industry or business activity is Promax associated with?
Promax lists activity aligned with: Energy and Power - BoP & BTG Services - Construction. See the Overview and Competition sections for fuller industry context.
How many employees does Promax have?
Available records indicate roughly 2 employees for Promax. Confirm against filings and EPFO-related signals on the profile where shown.
Does Promax have GST registrations on file?
Promax shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Promax?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Promax.
How do I contact Promax?
Use the official website at https://promax.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Promax?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Promax?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Promax (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 23.30 Cr. Verify figures on the Financial tab and supporting filings.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.