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Prostarm Info Systems Limited, established in January 2008, specializes in energy storage and power conditioning equipment. Initially selling third-party batteries and UPS systems, it has since expanded into designing and EPC for rooftop solar PV projects.
Prostarm Info Systems confirmed it is not classified as a 'Large Corporate' as of March 31, 2026. This status means the company is not subject to specific debt issuance compliance applicable to larger entities.
Prostarm partners with Shenzhen Topband for BESS co-manufacturing in India, with USD 10 million purchase commitment. Topband provides kits/tech; Prostarm handles local assembly/commercialization for C&I/utility projects, boosting 'Make in India' goals.
Prostarm is setting up a new UPS manufacturing unit in Gujarat with an estimated capex of Rs. 6 Cr, funded by internal accruals/IPO. Commercial production is expected by May 2026, aiming to strengthen manufacturing capacity.
Prostarm's H1 revenue saw a decline, but Q2 revenue grew 20% sequentially with PAT margin improving to 8.36%. The company secured new BESS projects, boosting its 1,056.3 Cr order book. Debt reduced significantly. Its 1.2 GWh BESS facility is nearing commissioning, poised for India's growing energy storage market. Customs matter...
Prostarm has incorporated a Wholly Owned Subsidiary, Prostarm Karnataka BESS Private Limited, as an SPV for a 150 MW/300 MWh Standalone Battery Energy Storage System project. This strategic move, with an initial capital of 0.05 Cr for 100% control, marks an expansion into new energy infrastructure.