Prostarm Q1 PAT up over 2x, Rs 43 cr warrants issue, new auditor appointed

Revenue Growth 20pctPat Growth 25pctResults View source PDF Explain this filing

PROSTARM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.0%Reaction day

₹142.04

prior close

₹140.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-4.2% vs market

Other Electrical Equipment peers, median of 52sector-0.4%-3.6% vs sector

On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 3.6 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.2

15m

-1.8

30m

-2.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.0+0.2-4.2-0.4-3.6

Next day

-4.7+0.2-5.0-0.7-4.1

-4.5+0.4-4.8-1.1-3.4

-6.4+0.7-7.1-0.6-5.8

-4.8+0.1-5.0-1.7-3.1

-2.8+0.7-3.5-0.6-2.2

-2.1+1.2-3.3-2.0-0.1

15d

-8.8+0.7-9.5-2.9-5.9

-11.3-1.2-10.1-3.6-7.7

-8.8-1.1-7.7-5.5-3.3

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UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 52Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q1 FY27 standalone revenue rose 49% YoY to Rs 75.82 cr; PAT jumped 219% to Rs 4.88 cr. Board approved issuing 29.43 lakh convertible warrants at Rs 147 to non-promoter investors, raising up to Rs 43.27 cr. New auditor Valawat and Associates to be appointed for 5 years. MOA object clause to include IT and digital services. Operations launch delayed to Sept 30, 2026 pending approvals.

Likely market impact

Strong Q1 earnings boost sentiment, but Rs 43 cr warrant issue may cause dilution on conversion. Operations delay is a near-term concern.