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 ₹ 5.36 Cr.
- Current Price ₹ 12.6
- High / Low ₹ 16.7 / 7.77
- Stock P/E
- Book Value ₹ -78.4
- Dividend Yield 0.00 %
- ROCE -13.3 %
- ROE %
- Face Value ₹ 10.0
Pros
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.41 | 0.27 | 0.41 | 1.29 | 1.47 | 1.05 | 1.58 | 0.81 | 1.04 | 0.99 | 0.30 | 0.11 | |
0.75 | 0.64 | 0.89 | 1.10 | 1.61 | 1.38 | 1.51 | 1.01 | 1.14 | 1.11 | 0.67 | 0.42 | |
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 |
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% |
0.16 | 0.77 | 0.17 | 0.10 | 0.15 | 1.99 | 0.15 | 0.30 | 0.04 | -0.03 | 0.10 | 0.19 | |
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 |
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 |
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 |
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 | |
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 |
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: | -63% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | % |
3 Years: | -13% |
TTM: | 39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
1 Year: | -19% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | -37.21 | -37.27 | -37.69 | -37.63 | -37.72 | -36.61 | -36.49 | -36.49 | -36.65 | -36.89 | -37.25 | -37.45 |
35.03 | 35.13 | 35.13 | 35.13 | 35.13 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | |
1.26 | 1.23 | 1.45 | 1.39 | 1.50 | 0.30 | 0.33 | 0.18 | 0.15 | 0.09 | 0.13 | 1.17 | |
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 |
2.30 | 2.54 | 2.59 | 2.32 | 2.24 | 2.10 | 2.00 | 1.90 | 1.79 | 1.46 | 1.37 | 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 |
1.02 | 0.79 | 0.54 | 0.81 | 0.91 | 0.44 | 0.69 | 0.64 | 0.56 | 0.59 | 0.36 | 2.16 | |
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 |
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 | -632.07 | -1,270.74 | -997.07 | -234.84 | -211.05 | -62.57 | 11.55 | 90.12 | -7.02 | 11.06 | -24.33 | -829.55 |
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
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Jul - Appointed two independent directors for five years from May 31, 2025.
-
Appointment Of Mr. Haribhai Becharbhai Malvia (DIN: 00042683) As Non-Executive Non Independent Director Of The Company.
1 Jul - Appointment of Mr. Haribhai Malvia as Non-Executive Non-Independent Director from July 1, 2025.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
1 Jul - Appointment of M/s. Ashish Bhoola & Co. as statutory auditors for five years from 2025 to 2030.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Jul - AGM held; approved FY25 financials, director appointments, statutory auditor, and sale of industrial land to related party.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
28 Jun - 42nd AGM held; approved FY25 financials, director reappointment, auditor appointment, land sale to related party.
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 bse
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.