Q1 results: revenue up 49%, PAT jumps 219%; plans Rs 43 cr warrants
PROSTARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
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Prostarm Q1 FY27: standalone revenue up 49% YoY to Rs 75.82 crore; PAT jumped 219% to Rs 4.88 crore. Board approved 29.43 lakh fully convertible warrants at Rs 147 each to non-promoter investors, raising up to Rs 43.27 crore. New statutory auditor M/s Valawat and Associates appointed for 5 years. MOA expanded to include IT, digital, and BESS services. New facility ops delayed to September 30, 2026 awaiting approvals. AGM on September 11.
Strong quarterly results boost sentiment; Rs 43 cr warrant issue may cause near-term dilution concerns but signals fundraising confidence.