Prakash Industries Ltd

Prakash Industries Ltd

₹ 136 0.74%
02 Dec 11:15 a.m.
About

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

Key Points

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

  • Market Cap 2,436 Cr.
  • Current Price 136
  • High / Low 191 / 131
  • Stock P/E 7.44
  • Book Value 191
  • Dividend Yield 1.10 %
  • ROCE 11.2 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.70 times its book value
  • Company has delivered good profit growth of 24.5% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 6.19% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 9.45% over last 3 years.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
777 761 1,011 1,013 889 885 890 1,167 1,077 926 845 1,037 723
674 659 902 895 761 762 767 1,035 946 801 713 899 615
Operating Profit 103 101 108 118 128 123 123 132 131 125 132 138 108
OPM % 13% 13% 11% 12% 14% 14% 14% 11% 12% 13% 16% 13% 15%
3 3 4 30 16 7 11 6 6 7 7 6 6
Interest 23 21 16 19 17 12 10 12 11 12 11 11 10
Depreciation 38 38 38 39 38 38 37 35 36 36 36 42 42
Profit before tax 44 45 58 89 89 81 87 90 90 84 91 91 62
Tax % 0% 0% 0% 0% 0% 0% -2% 0% 0% 0% 0% 0% 0%
44 45 58 89 89 81 89 90 90 84 91 91 62
EPS in Rs 2.46 2.53 3.24 4.99 4.99 4.50 4.96 5.05 5.05 4.68 5.07 5.10 3.44
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
2,595 2,830 2,053 2,174 2,935 3,588 2,974 3,216 3,929 3,444 3,678 4,014 3,531
2,219 2,420 1,863 1,909 2,351 2,799 2,624 2,901 3,538 3,031 3,185 3,495 3,028
Operating Profit 376 410 190 264 584 788 350 315 391 413 493 520 502
OPM % 14% 14% 9% 12% 20% 22% 12% 10% 10% 12% 13% 13% 14%
4 -241 4 2 15 0 7 8 8 11 64 25 25
Interest 58 61 69 75 89 102 94 74 73 82 57 46 44
Depreciation 118 98 102 103 121 134 145 154 158 152 153 143 156
Profit before tax 204 9 23 88 388 553 118 95 169 190 346 356 328
Tax % 15% 0% 0% 8% 1% 2% 0% 0% 0% 0% -1% 0%
173 9 23 81 386 539 118 95 169 190 348 355 328
EPS in Rs 12.87 0.69 1.74 5.83 24.62 33.02 6.90 5.32 9.42 10.64 19.44 19.85 18.29
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: 20%
3 Years: 35%
1 Year: -19%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 9%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 134 134 134 139 157 163 171 179 179 179 179 179 179
Reserves 2,098 2,071 2,003 2,082 2,579 2,690 2,733 2,720 2,633 2,775 2,845 3,140 3,250
953 913 857 935 818 661 572 557 548 599 362 423 342
266 326 368 260 339 426 394 428 552 698 673 743 796
Total Liabilities 3,452 3,445 3,362 3,416 3,893 3,941 3,870 3,884 3,912 4,251 4,059 4,485 4,567
1,747 1,733 1,635 1,578 2,377 2,357 3,013 2,976 2,939 3,118 2,720 3,274 3,207
CWIP 893 944 955 1,141 690 710 171 122 46 172 495 0 118
Investments 35 2 2 0 0 0 0 0 0 0 0 0 0
777 765 770 697 825 873 687 786 927 961 843 1,211 1,242
Total Assets 3,452 3,445 3,362 3,416 3,893 3,941 3,870 3,884 3,912 4,251 4,059 4,485 4,567

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
314 232 242 269 476 696 388 159 350 585 601 142
-230 -109 -149 -248 -480 -535 -248 -129 -299 -545 -320 -126
-88 -108 -103 -14 10 -169 -126 -43 -59 -38 -288 2
Net Cash Flow -5 15 -10 7 7 -8 14 -13 -8 2 -6 18

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 12 13 14 13 12 15 24 16 6 10 8 16
Inventory Days 48 36 46 46 50 40 25 47 44 45 43 62
Days Payable 10 14 22 24 28 25 27 25 19 30 27 14
Cash Conversion Cycle 50 34 38 35 34 30 23 38 31 26 24 64
Working Capital Days -6 -20 -31 -34 -5 -5 -6 13 1 -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 2025
43.31% 43.31% 44.11% 44.24% 44.24% 44.24% 44.24% 44.27% 44.27% 44.27% 44.38% 44.38%
1.92% 3.42% 3.57% 6.35% 5.90% 4.91% 4.95% 3.95% 3.69% 3.82% 4.28% 4.36%
0.03% 0.03% 0.03% 0.01% 0.01% 0.09% 0.11% 0.01% 0.02% 0.01% 0.14% 0.01%
54.74% 53.24% 52.29% 49.39% 49.84% 50.75% 50.70% 51.77% 52.02% 51.90% 51.21% 51.24%
No. of Shareholders 95,62191,79089,47085,17291,96394,29491,5771,02,4931,02,31699,52496,12195,997

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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