Mumbai, Oct. 6 -- CARE Ratings stated that the ratings assigned to bank facilities of Prostarm Info Systems (PISL) factor in the promoters' extensive experience in the power solutions industry, well-qualified management team, and established track record with reputed clientele across diversified sectors.
The ratings also derive comfort from PISL's healthy profitability, a strong order book providing medium-term revenue visibility, comfortable financial risk profile, and adequate liquidity.
CARE Ratings also notes PISL's listing on BSE and NSE from June 2025, post a successful initial public offer (IPO), which subsequently improved its financial risk profile.
However, ratings remain constrained by the company's modest scale of operation...
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