PROSTARM
Prostarm Info Systems Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
PROSTARM
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹127 today
BEAR
₹123
-3%
14.4% a year · 18.2x exit
BASE
₹194
+52%
25% a year · 26.3x exit
BULL
₹300
+136%
34% a year · 38x exit
Where the market has priced it
14x22x today94x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Electrical Products peers
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹5.9 (screener) |
|---|---|
| Guided growth | 25% a year, said on the call of 28-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 18.25x / 26.27x / 38x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 26.27x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from a third-party research digest · not our own extraction
implied earnings growth 25%
For FY27: Minimum 25% growth (from order book of INR 1202 crores), BESS Jhajjar plant utilization of 25-40% in FY27 (up from 40% previously), EBITDA margin maintained at 12-13%.
Call 28-May-2026 · bridge confidence low · transcript PDF