Prostarm Info Systems Emerges L1 Bidder For ₹90.44 Crore WBMSC Order; Shares Rise 2.78%

Mumbai, March 17: Prostarm Info Systems Limited has been declared the lowest bidder for a ₹90.44 crore contract from West Bengal Medical Services Corporation, a development that adds fresh visibility to its government order pipeline.

The scope is fairly execution-heavy. It includes supplying, installing and commissioning 6 KVA online UPS systems, along with batteries, across a wide network of public healthcare facilities in West Bengal. In total, 3,439 units are to be deployed, covering sub-centres, urban health and wellness centres, and primary health centres.

The company confirmed in its exchange disclosure that the order falls under the XV Finance Commission programme and will be executed over 180 days. It also clarified that the contract is domestic and not linked to any promoter or related party.

Prostarm Info Systems Share Price Snapshot

Prostarm Info Systems share price reacted positively to the development on March 17, 2026. The stock was trading at ₹127.50, up ₹3.45 or 2.78% as of 12:07 pm IST.

The Prostarm Info Systems share price movement reflects improved revenue visibility tied to government-backed healthcare infrastructure deployment. The stock traded within a range of ₹123.41 to ₹129.89 during the session so far, indicating active participation following the announcement.

Market capitalisation stood at approximately ₹750.65 crore, according to exchange data.

Company Background

Prostarm operates in the power electronics space, focusing on UPS systems and energy storage solutions. Its products are typically deployed in environments where power continuity is critical. Healthcare, in this case, fits squarely into that demand profile.

Government-linked contracts form a meaningful part of its business mix. They bring volume, though execution timelines and working capital cycles tend to require close monitoring.

Conclusion

The ₹90.44 crore WBMSC contract adds to Prostarm’s order book and strengthens its positioning in public healthcare infrastructure projects. Timely execution over the 180-day period will remain critical for revenue recognition and margin stability in upcoming quarters.

Source:

https://www.nseindia.com/get-quote/equity/PROSTARM/Prostarm-Info-Systems Limited

https://nsearchives.nseindia.com/corporate/PROSTARM_17032026114624_SE_L1___WBMSC__WB.pdf