Prostarm Info Systems Approves FY2026 Financial Results and Appoints Key Management Personnel
Prostarm Info Systems Limited announced key outcomes from its Board meeting held on May 22, 2026. The board approved the audited standalone and consolidated financial results for the Quarter and Financial Year ended March 31, 2026. The company also approved several major corporate actions and appointments of senior management and auditors.Financial Results and Audit Confirmation
The company released its audited financial results for the Quarter and Financial Year ended March 31, 2026. The independent auditor, Mansaka Ravi & Associates, issued an audit report with an unmodified opinion on the Standalone Financial Results for the period.The standalone audited results, including key operational metrics, are summarized below:
| Particulars | For the Quarter Ended 31 Mar, 2026 (Audited) | For the Quarter Ended 31 Mar, 2025 (Audited) | For the Year Ended 31 Mar, 2026 (Audited) | For the Year Ended 31 Mar, 2025 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 10294.78 (fin Lakhs) | 7797.08 (fin Lakhs) | 37788.05 (fin Lakhs) | 34588.57 (fin Lakhs) |
| Total Income | 10510.83 (fin Lakhs) | 7822.70 (fin Lakhs) | 38374.04 (fin Lakhs) | 34778.30 (fin Lakhs) |
| Total Expenses | 9333.41 (fin Lakhs) | 6873.71 (fin Lakhs) | 33702.15 (fin Lakhs) | 30644.61 (fin Lakhs) |
| Profit Before Taxes | 1177.42 (fin Lakhs) | 948.99 (fin Lakhs) | 4671.90 (fin Lakhs) | 4133.68 (fin Lakhs) |
| Total Comprehensive Income | 884.44 (fin Lakhs) | 684.12 (fin Lakhs) | 3464.09 (fin Lakhs) | 3051.78 (fin Lakhs) |
| Earning per equity share (Basic) | 1.49 | 1.60 | 6.17 | 7.12 |
The consolidated financial results showed strong growth, with total income reaching 39163.18 fin Lakhs for the quarter ended March 31, 2026, up from 8227.85 fin Lakhs in the same period last year.
For the Year Ended 31 March, 2026, the Group reported the following performance metrics:
| Particulars | For the Year Ended 31 Mar, 2026 (Audited) | For the Year Ended 31 Mar, 2025 (Audited) |
|---|---|---|
| Total Income | 39163.18 (fin Lakhs) | 35254.93 (fin Lakhs) |
| Total Expenses | 34725.64 (fin Lakhs) | 31357.11 (fin Lakhs) |
| Profit Before Taxes | 1071.09 (fin Lakhs) | 940.55 (fin Lakhs) |
| Total Comprehensive Income | 805.33 (fin Lakhs) | 677.85 (fin Lakhs) |
| Basic Earning per equity share | 1.35 | 1.58 |
Cash Flow Highlights
The company's audited consolidated statement of cash flows showed a substantial net cash used in investing activities for the year ended March 31, 2026, totaling -11143.3 fin Lakhs, compared to -1561.65 fin Lakhs in the previous year.In the financing section for the year ended March 31, 2026, the company generated 14893.48 fin Lakhs from proceeds from the Initial Public Offer (Net of IPO Expense).
Key Board Approvals and Corporate Actions
During the meeting, the Board of Directors approved several important corporate actions, subject to shareholder approval via Postal Ballot:- Business Approvals: Approved the variation in the Objects of the Issue and variation in the Utilization of Proceeds of the Initial Public Offer.
- ESOP Amendments: Approved certain amendments to the 'Prostarm Employee Stock Option Plan 2024' (ESOP 2024).
- Draft Postal Ballot: Approved the associated Draft Postal Ballot documents regarding the aforesaid matters.
Governance and Professional Appointments
The Board also finalized appointments for the fiscal year 2026-27:- Internal Auditor: Mr. Ronak Mukesh Shah was appointed as the Internal Auditor for the Financial Year 2026-27.
- Cost Auditor: M/s. Y R Doshi & Company, Cost Accountants Firm, was re-appointed as the Cost Auditor for the Financial Year 2026-27.
- Senior Management Personnel (SMP): The board appointed Mr. Ajay Satish Rao (Vice President - Operations) and Mr. Prateek Srivastava (Business Unit Head) as Senior Management Personnel (SMP).
| Individual | Designation | Experience Highlights |
|---|---|---|
| Mr. Ajay Satish Rao | Vice President - Operations | Over 15 years in Operations, Project Management, and Service Delivery; associated with Fidelity National Information Services (FIS) and NCR. |
| Mr. Prateek Srivastava | Business Unit Head | Over 21 years in Marketing, Business Development, and Commercial Operations; associated with Coslight India and Alandick & Company India Private Limited. |
PROSTARM Stock Price Movement
Shares of Prostarm Info Systems Limited today slipped by 1.40% to settle at ₹157.56 in post-market trading. The equity shed ₹2.26 across the day, with a high volume of approximately 2.80 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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