Prashant India Ltd
₹ 13.3
4.98%
16 Nov
- close price
About
Incorporated in 1983, Prashant India Ltd is engaged in the business of Textile and Wind
Power Generation.
Key Points
- Market Cap ₹ 5.63 Cr.
- Current Price ₹ 13.3
- High / Low ₹ 14.4 / 7.10
- Stock P/E
- Book Value ₹ -77.6
- Dividend Yield 0.00 %
- ROCE -7.69 %
- ROE %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 71.5 to 33.2 days.
- Company's working capital requirements have reduced from 31.4 days to 11.1 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -7.60% over past five years.
- Promoter holding is low: 19.4%
* 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
Sector: Textiles Industry: Textiles - Processing
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.94 | 1.93 | 0.41 | 0.27 | 0.41 | 1.29 | 1.47 | 1.05 | 1.58 | 0.81 | 1.04 | 0.99 | 0.89 | |
2.79 | 1.60 | 0.75 | 0.64 | 0.89 | 1.10 | 1.61 | 1.38 | 1.51 | 1.01 | 1.14 | 1.11 | 1.04 | |
Operating Profit | 0.15 | 0.33 | -0.34 | -0.37 | -0.48 | 0.19 | -0.14 | -0.33 | 0.07 | -0.20 | -0.10 | -0.12 | -0.15 |
OPM % | 5.10% | 17.10% | -82.93% | -137.04% | -117.07% | 14.73% | -9.52% | -31.43% | 4.43% | -24.69% | -9.62% | -12.12% | -16.85% |
-1.72 | 0.04 | 0.16 | 0.77 | 0.17 | 0.10 | 0.15 | 1.99 | 0.15 | 0.30 | 0.04 | -0.03 | -0.12 | |
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 | 1.02 | 1.03 | 0.66 | 0.46 | 0.10 | 0.23 | 0.10 | 0.55 | 0.10 | 0.10 | 0.10 | 0.09 | 0.08 |
Profit before tax | -2.59 | -0.66 | -0.84 | -0.06 | -0.41 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.35 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||
-2.59 | -0.65 | -0.83 | -0.06 | -0.42 | 0.06 | -0.09 | 1.11 | 0.12 | 0.00 | -0.16 | -0.24 | -0.34 | |
EPS in Rs | -6.12 | -1.53 | -1.96 | -0.14 | -0.99 | 0.14 | -0.21 | 2.62 | 0.28 | 0.00 | -0.38 | -0.57 | -0.80 |
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: | -6% |
5 Years: | -8% |
3 Years: | -14% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | -26% |
3 Years: | % |
TTM: | -100% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 132% |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | -35.73 | -36.38 | -37.21 | -37.27 | -37.69 | -37.63 | -37.72 | -36.61 | -36.49 | -36.49 | -36.65 | -36.89 | -37.10 |
35.13 | 35.13 | 35.03 | 35.13 | 35.13 | 35.13 | 35.13 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | 34.61 | |
1.61 | 1.40 | 1.26 | 1.23 | 1.45 | 1.39 | 1.50 | 0.30 | 0.33 | 0.18 | 0.15 | 0.09 | 0.03 | |
Total Liabilities | 5.25 | 4.39 | 3.32 | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.78 |
3.73 | 2.95 | 2.30 | 2.54 | 2.59 | 2.32 | 2.24 | 2.10 | 2.00 | 1.90 | 1.79 | 1.46 | 1.42 | |
CWIP | 0.04 | 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 |
1.48 | 1.44 | 1.02 | 0.79 | 0.54 | 0.81 | 0.91 | 0.44 | 0.69 | 0.64 | 0.56 | 0.59 | 0.36 | |
Total Assets | 5.25 | 4.39 | 3.32 | 3.33 | 3.13 | 3.13 | 3.15 | 2.54 | 2.69 | 2.54 | 2.35 | 2.05 | 1.78 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3.13 | 0.18 | 0.03 | 0.01 | 0.09 | 0.00 | 0.01 | 0.03 | -0.02 | -0.02 | 0.16 | -0.21 | |
-0.04 | -0.21 | 0.00 | 0.02 | -0.07 | 0.00 | -0.02 | 0.49 | 0.00 | 0.00 | -0.01 | 0.29 | |
-3.09 | 0.03 | -0.01 | -0.03 | 0.00 | 0.00 | -0.01 | -0.53 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 | -0.01 | -0.01 | -0.02 | -0.02 | 0.15 | 0.08 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79.46 | 102.12 | 302.68 | 135.19 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 |
Inventory Days | 0.00 | 30.42 | 0.00 | |||||||||
Days Payable | 577.92 | |||||||||||
Cash Conversion Cycle | 79.46 | 102.12 | 302.68 | -412.31 | 106.83 | 107.52 | 104.29 | 31.29 | 83.16 | 153.21 | 28.08 | 33.18 |
Working Capital Days | -88.15 | -113.47 | -632.07 | -1,270.74 | -997.07 | -234.84 | -211.05 | -62.57 | 11.55 | 90.12 | -7.02 | 11.06 |
ROCE % | -14.86% | -19.91% | -36.83% | -37.98% | -25.40% | 2.34% | -5.31% | 11.31% | 5.22% | -7.63% | -6.58% | -7.69% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Nov - Newspaper publication of unaudited standalone financial results for the quarter and half year ended 30.09.2023
- Non Applicability Of Regulation 23(9) Of SEBI (LODR) Regulations, 2015 9 Nov
- Result-Financial Results For The Quarter And Half Year Ended September 30, 2023 8 Nov
- Board Meeting Outcome for Outcome Of The Board Meeting Held On November 8, 2023 8 Nov
- Board Meeting Intimation for Board Meeting Schedule To Be Held On 8Th November, 2023. 30 Oct
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2010
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Financial Year 2009
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Business Overview:[1]
Company manufactures polyester fabrics and polyester texturized sized and twisted yarn and was second-largest exporter of rapeseed de-oiled cakes from India. Company's Agro Division got shut down in FY00. Presently, company is a manufacturer, seller and exporter of Textiles and Wind Power Generation.