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 ₹ 9.82 Cr.
- Current Price ₹ 23.2
- High / Low ₹ 28.3 / 7.77
- Stock P/E
- Book Value ₹ -54.9
- Dividend Yield 0.00 %
- ROCE -13.3 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -41.3% over past five years.
- Promoter holding is low: 19.4%
- Company has high debtors of 265 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.41 | 0.27 | 0.41 | 1.29 | 1.47 | 1.05 | 1.58 | 0.81 | 1.04 | 0.99 | 0.30 | 0.11 | 0.21 | |
| 0.75 | 0.64 | 0.89 | 1.10 | 1.61 | 1.38 | 1.51 | 1.01 | 1.14 | 1.11 | 0.67 | 0.42 | 0.49 | |
| Operating Profit | -0.34 | -0.37 | -0.48 | 0.19 | -0.14 | -0.33 | 0.07 | -0.20 | -0.10 | -0.12 | -0.37 | -0.31 | -0.28 |
| OPM % | -82.93% | -137.04% | -117.07% | 14.73% | -9.52% | -31.43% | 4.43% | -24.69% | -9.62% | -12.12% | -123.33% | -281.82% | -133.33% |
| 0.16 | 0.77 | 0.17 | 0.10 | 0.15 | 1.99 | 0.15 | 0.30 | 0.04 | -0.03 | 0.10 | 0.19 | 10.20 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.66 | 0.46 | 0.10 | 0.23 | 0.10 | 0.55 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.08 | 0.06 |
| Profit before tax | -0.84 | -0.06 | -0.41 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.36 | -0.20 | 9.86 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
| -0.83 | -0.06 | -0.42 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.36 | -0.20 | 9.84 | |
| EPS in Rs | -1.96 | -0.14 | -0.99 | 0.14 | -0.21 | 2.62 | 0.28 | 0.00 | -0.38 | -0.57 | -0.85 | -0.47 | 23.23 |
| 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: | -9% |
| 5 Years: | -41% |
| 3 Years: | -53% |
| TTM: | -38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | % |
| 3 Years: | -13% |
| TTM: | -57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 31% |
| 1 Year: | 93% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4.24 |
| Reserves | -37.21 | -37.27 | -37.69 | -37.63 | -37.72 | -36.61 | -36.49 | -36.49 | -36.65 | -36.89 | -37.25 | -37.45 | -27.48 |
| 35.03 | 35.13 | 35.13 | 35.13 | 35.13 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 25.10 | |
| 1.26 | 1.23 | 1.45 | 1.39 | 1.50 | 0.30 | 0.33 | 0.18 | 0.15 | 0.09 | 0.13 | 1.17 | 0.05 | |
| Total Liabilities | 3.32 | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.73 | 2.57 | 1.91 |
| 2.30 | 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 | 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 | 0.00 |
| 1.02 | 0.79 | 0.54 | 0.81 | 0.91 | 0.44 | 0.69 | 0.64 | 0.56 | 0.59 | 0.36 | 2.16 | 1.50 | |
| Total Assets | 3.32 | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.73 | 2.57 | 1.91 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | 0.01 | 0.09 | 0.00 | 0.01 | 0.03 | -0.02 | -0.02 | 0.16 | -0.16 | -0.19 | -0.90 | |
| 0.00 | 0.02 | -0.07 | 0.00 | -0.02 | 0.49 | 0.00 | 0.00 | -0.01 | 0.24 | 0.00 | 1.88 | |
| -0.01 | -0.03 | 0.00 | 0.00 | -0.01 | -0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | 0.02 | 0.00 | 0.02 | 0.00 | -0.01 | -0.01 | -0.02 | -0.02 | 0.15 | 0.08 | -0.19 | 0.97 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 302.68 | 135.19 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 | 121.67 | 265.45 |
| Inventory Days | 0.00 | 30.42 | 0.00 | |||||||||
| Days Payable | 577.92 | |||||||||||
| Cash Conversion Cycle | 302.68 | -412.31 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 | 121.67 | 265.45 |
| Working Capital Days | -5,991.34 | -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 |
| ROCE % | -36.83% | -37.98% | -25.40% | 2.34% | -5.31% | 11.31% | 5.22% | -7.63% | -6.58% | -7.69% | -18.54% | -13.33% |
Documents
Announcements
- Closure of Trading Window 16 Dec
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Clarification Of Price Movement.
16 Dec - Responding to BSE (15 Dec 2025), company says price movement market-driven; no undisclosed price-sensitive information.
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Clarification sought from Prashant India Ltd
15 Dec - Exchange has sought clarification from Prashant India Ltd on December 15, 2025 with reference to significant movement in price, in order to ensure that investors …
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Revised Outcome Of The Board Meeting Held On 14Th November, 2025 And Results - Financial Results For The Quarter Ended September 30, 2025.
17 Nov - Corrected registered office address in board outcome; Q2 results (30 Sep 2025) unchanged, filed 14 Nov 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Newspaper publication of Unaudited Standalone Financial results for the quarter and half year ended September 30, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 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.