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Prakash Industries Ltd

₹ 127-6.50%
16 Jan 4:01 p.m. – close price
🔗prakash.com•BSE: 506022•NSE: PRAKASH
Market Cap₹ 2,266 Cr.
Current Price₹ 127
High / Low₹ 191
Stock P/E6.91
Book Value₹ 191
Dividend Yield1.19 %
ROCE11.2 %
ROE11.2 %
Face Value₹ 10.0
Sales₹ 3,531 Cr.
OPM14.2 %
Mar Cap₹ 2,266 Cr.

ABOUT

Prakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power.[1]

KEY POINTS

Product PortfolioThe company's product portfolio includes sponge iron, steel billets, Ferro alloys, wire rods, HB wires, and TMT bars.[1]

Also present in buckets:
Excellent ResultsCapacity Expansion And ProductsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.JSW Steel1191.9047.66291424.340.241646.00166.1645152.0013.788.11174496.0015.026113.961623.003.511.651.22
2.Tata Steel188.1031.94234815.141.913183.09310.3858689.298.888.83221733.8212.987351.873394.272.471.221.01
3.Jindal Steel1042.0029.55106323.840.19635.08-25.8611685.884.2110.6748914.1619.493597.33638.232.144.330.39
4.Jindal Stain.813.0024.3367122.520.37807.9229.8710892.7811.4118.1641205.5411.882759.27793.923.717.500.38
5.S A I L149.2522.1561664.271.07418.72-29.0426704.178.226.76106431.9810.162783.77636.641.061.900.58
6.Sarda Energy489.7516.2217249.010.31327.7765.391527.7831.8615.275718.8730.921063.40323.182.478.510.38
7.NMDC Steel41.74–12220.980.00-114.7880.723389.90122.68-12.9711712.91-2.83-1320.39-114.780.94-8.210.41
8.Prakash Industri126.656.912266.051.1961.57-31.88723.16-32.8511.243530.8314.23327.5461.570.668.280.10
–Median: 12 Co.138.823.9614734.990.28194.6747.632458.848.559.378749.6711.02695.47192.382.042.750.4

Quarterly Results

Standalone figures in ₹ crores

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
8957777611,0111,0138898858901,1671,0779268451,037723
Expenses
7956746599028957617627671,035946801713899615
Operating Profit
101103101108118128123123132131125132138108
Other Income
23343016711667766
Profit before tax
4344455889898187909084919162
Tax %
0%0%0%0%0%0%0%-2%0%0%0%0%0%0%
Net Profit
4344455889898189909084919162
EPS in Rs
2.412.462.533.244.994.994.504.965.055.054.685.075.103.44

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
2,5952,8302,0532,1742,9353,5882,9743,2163,9293,4443,6784,0143,531
Expenses
2,2192,4201,8631,9092,3512,7992,6242,9013,5383,0313,1853,4953,028
Operating Profit
376410190264584788350315391413493520502
Other Income
4-2414215078811642525
Interest
586169758910294747382574644
Depreciation
11898102103121134145154158152153143156
Profit before tax
2049238838855311895169190346356328
Net Profit
1739238138653911895169190348355328
EPS in Rs
12.870.691.745.8324.6233.026.905.329.4210.6419.4419.8518.29
Dividend Payout %
8%0%0%0%0%4%0%0%0%0%6%8%–

Compounded Sales Growth

10 Years:4%
5 Years:6%
3 Years:1%
TTM:-12%

Compounded Profit Growth

10 Years:5%
5 Years:25%
3 Years:28%
TTM:-6%

Stock Price CAGR

10 Years:18%
5 Years:16%
3 Years:25%
1 Year:-23%

Return on Equity

10 Years:8%
5 Years:8%
3 Years:9%
Last Year:11%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
134134134139157163171179179179179179179
Reserves
2,0982,0712,0032,0822,5792,6902,7332,7202,6332,7752,8453,1403,250
Borrowings
953913857935818661572557548599362423342
Other Liabilities
266326368260339426394428552698673743796
Total Liabilities
3,4523,4453,3623,4163,8933,9413,8703,8843,9124,2514,0594,4854,567
Fixed Assets
1,7471,7331,6351,5782,3772,3573,0132,9762,9393,1182,7203,2743,207
Gross Block
2,8672,9842,8312,8743,7823,6814,4814,5984,7195,0455,0605,743–
Accumulated Depreciation
1,1201,2511,1961,2961,4041,3241,4691,6221,7801,9272,3392,470–
CWIP
8939449551,141690710171122461724950118
Investments
35220000000000
Other Assets
7777657706978258736877869279618431,2111,242
Total Assets
3,4523,4453,3623,4163,8933,9413,8703,8843,9124,2514,0594,4854,567

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
314232242269476696388159350585601142
Cash from Investing Activity
-230-109-149-248-480-535-248-129-299-545-320-126
Cash from Financing Activity
-88-108-103-1410-169-126-43-59-38-2882
Net Cash Flow
-515-1077-814-13-82-618

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
1213141312152416610816
Inventory Days
483646465040254744454362
Days Payable
101422242825272519302714
Cash Conversion Cycle
503438353430233831262464
Working Capital Days
-6-20-31-34-5-5-6131-33-27-3
ROCE %
8%10%3%5%14%19%6%5%7%8%11%11%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
43.31%43.31%44.11%44.24%44.24%44.24%44.24%44.27%44.27%44.27%44.38%44.38%44.38%
FIIs
1.92%3.42%3.57%6.35%5.90%4.91%4.95%3.95%3.69%3.82%4.28%4.36%4.03%
DIIs
0.03%0.03%0.03%0.01%0.01%0.09%0.11%0.01%0.02%0.01%0.14%0.01%0.02%
Public
54.74%53.24%52.29%49.39%49.84%50.75%50.70%51.77%52.02%51.90%51.21%51.24%51.57%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Prakash Industries Confirms SEBI Compliance for Quarter Ended March 31, 2026

14th April 2026, 10:04 pm

Prakash Industries to Close Trading Window for Q4 FY26 Results

25th March 2026, 8:24 pm

Prakash Industries Publishes Q3 Financial Results

16th February 2026, 8:33 pm

Prakash Industries Announces Q3 FY26 Results: Net Sales ₹799 Cr, PAT ₹87 Cr; Expects Strong Steel Demand

14th February 2026, 11:25 pm

Prakash Industries Q3 FY26 Results: Revenue Declines YoY, PAT Grows; Board Approves ₹75 Cr Loan Repayment

14th February 2026, 11:22 pm

Published by Other Websites

External media mentions & references

Dolly Khanna Buys Stake in Rain Industries, Stock Soars 6%

9th April 2026, 1:41 pm

Two Metal Stocks Trade Below Book Value, Promise 25%+ Profit Growth

29th March 2026, 1:39 pm

Geopolitical Fears Trigger Midday Sell-off; Nifty Plunges 1400 Points

13th March 2026, 3:59 pm

Dolly Khanna Trims Prakash, GHCL Stakes Amid Sales Downturn

13th January 2026, 6:12 am

Prakash Industries Secret Weapon: Captive Coal Mine Ignites Profit Turnaround? See The Data!

15th December 2025, 5:55 am

News Articles

Editorial & research coverage

Dolly Khanna Trims Prakash, GHCL Stakes Amid Sales Downturn
Dolly Khanna Trims Prakash, GHCL Stakes Amid Sales Downturn

13th January 2026, 6:12 am

Prakash Industries Secret Weapon: Captive Coal Mine Ignites Profit Turnaround? See The Data!
Prakash Industries Secret Weapon: Captive Coal Mine Ignites Profit Turnaround? See The Data!

15th December 2025, 5:55 am

Documents

Announcements

Order Of The Hon'Ble Supreme Court Of India In The Syndicate Bank Matter

8 Jan - SC dismissed CBI's SLP on Jan 7, 2026; Delhi HC's quashing of Syndicate Bank FIR against Prakash Industries/promoter upheld.

Closure of Trading Window
Board Meeting Outcome for Outcome Of Board Meeting

18 Dec - Board approved Rs.75 Crore inter-corporate loan from Prakash Pipes on 18-Dec-2025; unsecured, 12% p.a., up to three years.

Board Meeting Intimation for Consider Other Business Matters

11 Dec 2025 - Board meeting on 18 Dec 2025 to consider/approve related-party transaction(s).

Announcement under Regulation 30 (LODR)-Newspaper Publication

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

28 Feb 2025 from care

Rating update

6 Sep 2024 from care

Rating update

5 Feb 2024 from care

Rating update

24 Jan 2023 from care

Rating update

27 Dec 2022 from care

Rating update

15 Dec 2021 from care

Concalls

Jul 2021

PPT

Feb 2021

PPT

May 2019

PPT

Jan 2019

PPT

Nov 2018

PPT

May 2018

PPT

Stock Analysis

Description

Prakash Industries Ltd is involved in manufacturing and selling steel products and generating power. Its product portfolio includes sponge iron, steel billets, Ferro alloys, wire rods, HB wires, and TMT bars.

Key Growth Triggers

Currently no data available for Key Growth Triggers.

Order Book

Currently no data available for Order Book.

Key Red Flags

  1. The ongoing legal proceedings related to the Chotia Coal Block allocation, specifically the asset attachment order and the associated court cases, represent a significant red flag.
  2. A qualified opinion from auditors for FY25 (mentioned in past reports) also remains a concern.
  3. The company reported a significant decline in Q2 FY26 revenue and PAT due to operational challenges.

Key Dates To Watch

  1. January 16, 2026: Supreme Court stay order issued.
  2. October 17, 2025: Delhi High Court Division Bench judgment that was stayed.

Corporate Announcements

14th Apr 26
Impact Rating: 5
Prakash Industries Limited has confirmed its compliance with SEBI regulations for the quarter ended March 31, 2026, with its registrar certifying the processing of dematerialized securities.
25th Mar 26
Impact Rating: 7
In compliance with SEBI regulations, Prakash Industries is closing its trading window from April 1, 2026, until 48 hours after its Board Meeting for approving financial results ending March 31, 2026.
16th Feb 26
Impact Rating: -
No description available.
14th Feb 26
Impact Rating: 8
For Q3 FY26, Prakash Industries posted Net Sales of ~₹799 Crores and PAT of ~₹87 Crores, up from ~₹84 Crores YoY.
14th Feb 26
Impact Rating: 6
Prakash Industries announced Q3 FY26 results with revenue at ₹799 Cr (down 13.76% YoY) and PAT at ₹86.85 Cr (up 3.71% YoY). ₹75 Cr loan repayment approved.