Prashant India Ltd
Incorporated in 1983, Prashant India Ltd is in the business of manufacturing yarn, wind power generation, and oil extraction[1]
- Market Cap ₹ 6.42 Cr.
- Current Price ₹ 15.1
- High / Low ₹ 28.3 / 10.3
- Stock P/E
- Book Value ₹ -63.4
- Dividend Yield 0.00 %
- ROCE -30.2 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -29.6% over past five years.
- Promoter holding is low: 30.6%
- Company has high debtors of 182 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.27 | 0.41 | 1.29 | 1.47 | 1.05 | 1.58 | 0.81 | 1.04 | 0.99 | 0.30 | 0.11 | 0.14 | 0.07 | |
| 0.64 | 0.89 | 1.10 | 1.61 | 1.38 | 1.51 | 1.01 | 1.14 | 1.11 | 0.67 | 0.42 | 0.52 | 0.47 | |
| Operating Profit | -0.37 | -0.48 | 0.19 | -0.14 | -0.33 | 0.07 | -0.20 | -0.10 | -0.12 | -0.37 | -0.31 | -0.38 | -0.40 |
| OPM % | -137.04% | -117.07% | 14.73% | -9.52% | -31.43% | 4.43% | -24.69% | -9.62% | -12.12% | -123.33% | -281.82% | -271.43% | -571.43% |
| 0.77 | 0.17 | 0.10 | 0.15 | 1.99 | 0.15 | 0.30 | 0.04 | -0.03 | 0.10 | 0.19 | 10.23 | 10.21 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.46 | 3.47 |
| Depreciation | 0.46 | 0.10 | 0.23 | 0.10 | 0.55 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.08 | 0.03 | 0.00 |
| Profit before tax | -0.06 | -0.41 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.36 | -0.20 | 6.36 | 6.34 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
| -0.06 | -0.42 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.36 | -0.20 | 6.37 | 6.33 | |
| EPS in Rs | -0.14 | -0.99 | 0.14 | -0.21 | 2.62 | 0.28 | 0.00 | -0.38 | -0.57 | -0.85 | -0.47 | 15.04 | 14.95 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -30% |
| 3 Years: | -48% |
| TTM: | -78% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -2325% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 21% |
| 1 Year: | 26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 |
| Reserves | -37.27 | -37.69 | -37.63 | -37.72 | -36.61 | -36.49 | -36.49 | -36.65 | -36.89 | -37.25 | -37.45 | -31.08 |
| 35.13 | 35.13 | 35.13 | 35.13 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 28.17 | |
| 1.23 | 1.45 | 1.39 | 1.50 | 0.30 | 0.33 | 0.18 | 0.15 | 0.09 | 0.13 | 1.17 | 0.37 | |
| Total Liabilities | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.73 | 2.57 | 1.70 |
| 2.54 | 2.59 | 2.32 | 2.24 | 2.10 | 2.00 | 1.90 | 1.79 | 1.46 | 1.37 | 0.41 | 0.41 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.79 | 0.54 | 0.81 | 0.91 | 0.44 | 0.69 | 0.64 | 0.56 | 0.59 | 0.36 | 2.16 | 1.29 | |
| Total Assets | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.73 | 2.57 | 1.70 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.09 | 0.00 | 0.01 | 0.03 | -0.02 | -0.02 | 0.16 | -0.16 | -0.19 | -0.90 | -4.72 | |
| 0.02 | -0.07 | 0.00 | -0.02 | 0.49 | 0.00 | 0.00 | -0.01 | 0.24 | 0.00 | 1.88 | 10.92 | |
| -0.03 | 0.00 | 0.00 | -0.01 | -0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -6.43 | |
| Net Cash Flow | 0.00 | 0.02 | 0.00 | -0.01 | -0.01 | -0.02 | -0.02 | 0.15 | 0.08 | -0.19 | 0.97 | -0.23 |
| Free Cash Flow | 0.03 | 0.02 | 0.00 | -0.01 | 0.51 | -0.02 | -0.02 | 0.17 | 0.08 | -0.19 | 0.98 | 6.20 |
| CFO/OP | -3% | -19% | 0% | -7% | -9% | -29% | 10% | -160% | 133% | 51% | 290% | 332% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 135.19 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 | 121.67 | 265.45 | 182.50 |
| Inventory Days | 30.42 | 0.00 | ||||||||||
| Days Payable | 577.92 | |||||||||||
| Cash Conversion Cycle | -412.31 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 | 121.67 | 265.45 | 182.50 |
| Working Capital Days | -9,544.07 | -6,445.37 | -1,966.47 | -1,730.65 | -12,093.67 | -7,983.80 | -15,505.74 | -12,153.80 | -12,749.19 | -42,133.17 | -115,671.82 | -73,886.43 |
| ROCE % | -37.98% | -25.40% | 2.34% | -5.31% | 11.31% | 5.22% | -7.63% | -6.58% | -7.69% | -18.54% | -13.33% | -30.15% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Textile Job Work Revenue Rs. '000 |
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| Wind Power Generation Revenue Rs. '000 |
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| Number of Permanent Employees employees |
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| Electricity Purchased units |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for Notice Of Meeting Of Board.
- Board meeting on 26 August 2026 to approve FY26 Director’s Report and AGM notice.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
-
List Of Key Managerial Personnel (KMP'S) To Determine Materiality Of An Event Or Information And To Make Disclosures To The Stock Exchange.
- Board approved Q1 FY27 results, CFO appointment, and noted independent director resignation on 14 August 2026.
- Results-Financial Results For The Quarter Ended 30.06.2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved Q1 FY27 results; appointed Parth Jariwala CFO from 14 Aug 2026; noted Independent Director resignation.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
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Business Overview:[1]
a) PIL operates as a manufacturer, seller,
and exporter of agro products, textiles,
and wind power generation.
b) The agro unit in Bhavnagar, Gujarat,
includes an oil mill, solvent extraction
plant, and oil refinery as part of its
manufacturing facility.
c) The textile unit in Dist. Surat, Gujarat, specializes in sizing, texturizing, and twisting
of yarn, with an annual production capacity of 1650 MT, 2010 MT, and 210 MT, respectively.
d) The wind farm unit is located in Dist. Rajkot, Gujarat, with a power generation capacity of 1 MW per year, utilizing 5 wind energy generators (WEGs), each with a capacity of 200KW.