Prostarm Info Systems Limited has been declared the L-1 bidder by the West Bengal Medical Services Corporation (WBMSC) for a significant state-wide project. The notice, issued on February 12, 2026, confirms the company’s selection for the supply, installation, testing, and commissioning of 10 KVA three-phase UPS systems including batteries. This contract covers 137 Block Primary Health Units across various jurisdictions in West Bengal.
The project is part of the XV Finance Commission for the fiscal years 2022-2023 and 2023-2024 (2nd Call). The contract, valued at INR 4.29 Crores, is expected to be executed within a timeframe of 180 days. It includes a 3-year warranty on both the UPS systems and the batteries provided. The order was awarded by a domestic entity and falls within the company’s normal course of business.
Incorporated in 2008, Prostarm Info Systems Limited is an Indian company specializing in the design, manufacture, and sale of energy storage and power conditioning equipment. The company offers a wide range of products including UPS systems, inverters, lithium-ion battery packs, and solar hybrid systems. In 2025, the company reached a major milestone by listing on the stock exchanges on June 3. Recent updates include the company’s proposal to increase its borrowing limit from ₹200 crore to ₹1,000 crore to support expansion and a ₹6 crore investment in a new production facility expected by May 2026. Additionally, in September 2025, it secured a ₹158.68 crore contract for Maharashtra Police IT infrastructure.
For the quarter ended September 30, 2025 (Q2 FY2025-26), the company reported a revenue of ₹67.43 Crores, which was a 20.95% increase from the previous quarter’s ₹55.75 Crores. However, this represented a year-on-year (YoY) decline of 31.85% compared to ₹98.95 Crores in Q2 FY2024-25. Net profit for the same quarter stood at ₹8.27 Crores, showing a massive quarter-on-quarter (QoQ) jump of 351.91% from ₹1.83 Crores, though it fell by 40.5% on a YoY basis. The company’s promoters, including Vikas Shyamsunder Agarwal (24.03%) and Ram Agarwal (21.00%), remain the dominant shareholders with a total promoter holding of 72.82% as of December 2025. Other institutional investors held approximately 1.93% of the company as of the end of 2025.
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