Company Intelligence Profile
Promax Power Limited
Chandigarh-registered, Delhi-headquartered EPC company (est. lineage 2004, incorporated 2017) executing power transmission & distribution, substation, solar, and civil/water-infrastructure turnkey projects, SME-scale and BSE-listed.
Last updated 6 September 2026
Promax Power Limited is a Delhi-headquartered EPC company that focuses on power transmission and distribution, substation, solar, and civil infrastructure projects. The company reported a revenue band of ₹50, 75 crore for FY2023-24, with significant growth in EBITDA (+39.74%) and net profit (+70.79%). It is ISO certified and BSE-listed.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Promax Power Limited |
|---|---|
| CIN | L74999CH2017PLC041692 |
| PAN | AAJCP3823C |
| Status | Active |
| Listing | Yes — listed on BSE (SME platform per prospectus/GID/BSE application-form links on the company's own investor-relations pages); specific scrip/security code not confirmed. |
| Incorporated | August 21, 2017 |
| ROC | RoC Chandigarh |
| Sector (NIC) |
|
| Registered address | First Floor, SCO 69, Sector 38C, Chandigarh, Chandigarh - 160036 |
| Authorized capital | ₹25.0 crore |
| Paid-up capital | ₹25.0 crore |
Business Overview
- Promax Power Limited is an Engineering, Procurement & Construction (EPC) company, per its own website tracing its business origins to 2004 (corporate entity incorporated 2017), with 20+ years of claimed project management/execution experience
- Core business: Power Transmission & Distribution EPC, Substation projects (up to 400kV), Transmission Line installation, Solar EPC projects, Civil Construction, Pre-Engineered Buildings, and Sewerage & Water Treatment Plants, plus design/engineering and pre-bid engineering support
- ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 certified
- Corporate/operating HQ: 150A & 151, 1st Floor, Tribhuvan Complex, Ishwar Nagar, Mathura Road, New Delhi - 110065 (registered office is in Chandigarh)
- Founder & Managing Director: Vishal Bhardwaj, an Electrical & Communication Engineer
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vishal Bhardwaj | 03133388 | Managing Director & Shareholder | - |
| Shweta Bhardwaj | 03521776 | Director & Shareholder | - |
| Vidya Bhardwaj | 10055223 | Director | - |
| Sanjay Kumar | 09293392 | Director | - |
| Shilpi Jain | 09052552 | Director | - |
Financials
- FY2023-24 revenue band ₹50–75 crore
- YoY growth (FY23-24 vs prior): EBITDA +39.74%, Net Profit (PAT) +70.79%, Net Worth +8.46%
- Absolute EBITDA/PAT/net-worth/borrowings figures and standalone-vs-consolidated basis were not obtained from a primary filing in this pass
- Annual reports for FY2021-22 through FY2024-25 (5th–8th Annual Report) exist on the company's investor page as PDFs but were not opened for exact figures
In the News
Promax Power Ltd. Key Financial Ratios – Valuation, Profitability & More
Value Research · a month ago
Headlines about Promax Power Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges / Loans
The Karnataka Bank Limited holds 5 charges/loans totalling approximately ₹27.2 crore, created between January 2021 and December 2023.
Legal
- Confirmed (Indian Kanoon — ~99 total results for the name, several case titles retrieved): Tahal Consulting Engineers India Pvt. Ltd. vs Promax Power Ltd. (Delhi HC, Apr 11 2023)
- Promax Power Ltd vs Tahal Consulting Engineers (I) Pvt. Ltd. (Delhi HC, Mar 4 2024, and further orders Apr 2026/Sep 2024)
- Promax Power Limited vs The State Of Karnataka (Karnataka HC, Jul 2 2026)
- M/S Promax Power Limited vs Aman Kumar (Delhi HC, Jan 9 2024)
- M/S Promax Power Ltd vs Acme Solar Holdings Pvt Ltd (Delhi HC, Jul 18 2022)
- Promax Power Limited vs Salasar Techno Engineering Limited (Delhi HC, orders Jul 17 2026 and Mar 16 2026)
- Company appears to be both plaintiff and defendant across a mix of commercial/contract disputes typical for an EPC contractor; no criminal matters identified
Competitors
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