Prakash Industries Ltd

Prakash Industries Ltd

₹ 172 -0.96%
10 Jun - close price
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 3,077 Cr.
  • Current Price 172
  • High / Low 237 / 132
  • Stock P/E 8.66
  • Book Value 185
  • Dividend Yield 0.70 %
  • ROCE 11.3 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.93 times its book value
  • Company has delivered good profit growth of 24.6% 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 9.47% 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

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,157 895 777 761 1,011 1,013 889 885 890 1,167 1,077 926 845
1,050 795 674 659 902 895 761 762 767 1,035 946 801 713
Operating Profit 108 101 103 101 108 118 128 123 123 132 131 125 132
OPM % 9% 11% 13% 13% 11% 12% 14% 14% 14% 11% 12% 13% 16%
2 2 3 3 4 30 16 7 11 6 6 7 7
Interest 17 22 23 21 16 19 17 12 10 12 11 12 11
Depreciation 39 38 38 38 38 39 38 38 37 35 36 36 36
Profit before tax 53 43 44 45 58 89 89 81 87 90 90 84 91
Tax % 0% 0% 0% 0% 0% 0% 0% 0% -2% 0% 0% 0% 0%
53 43 44 45 58 89 89 81 89 90 90 84 91
EPS in Rs 2.94 2.41 2.46 2.53 3.24 4.99 4.99 4.50 4.96 5.05 5.05 4.68 5.07
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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
2,595 2,830 2,053 2,174 2,935 3,588 2,974 3,216 3,929 3,444 3,678 4,014
2,219 2,420 1,863 1,909 2,351 2,799 2,624 2,901 3,538 3,031 3,185 3,495
Operating Profit 376 410 190 264 584 788 350 315 391 413 493 520
OPM % 14% 14% 9% 12% 20% 22% 12% 10% 10% 12% 13% 13%
4 -241 4 2 15 0 7 8 8 11 64 25
Interest 58 61 69 75 89 102 94 74 73 82 57 46
Depreciation 118 98 102 103 121 134 145 154 158 152 153 143
Profit before tax 204 9 23 88 388 553 118 95 169 190 346 356
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
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
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: 9%
Compounded Profit Growth
10 Years: 6%
5 Years: 25%
3 Years: 29%
TTM: 14%
Stock Price CAGR
10 Years: 20%
5 Years: 37%
3 Years: 45%
1 Year: 0%
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
Equity Capital 134 134 134 139 157 163 171 179 179 179 179 179
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
953 913 857 935 818 661 572 557 548 599 362 423
266 326 368 260 339 426 394 428 552 698 673 743
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
1,747 1,733 1,635 1,578 2,377 2,357 3,013 2,976 2,939 3,118 2,720 3,274
CWIP 893 944 955 1,141 690 710 171 122 46 172 495 0
Investments 35 2 2 0 0 0 0 0 0 0 0 0
777 765 770 697 825 873 687 786 927 961 843 1,211
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

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 -2 -3 -17 -10 9 11 10 36 25 6 -2 28
ROCE % 8% 10% 3% 5% 14% 19% 6% 5% 7% 8% 11% 11%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
43.29% 43.29% 43.31% 43.31% 44.11% 44.24% 44.24% 44.24% 44.24% 44.27% 44.27% 44.27%
1.74% 1.83% 1.92% 3.42% 3.57% 6.35% 5.90% 4.91% 4.95% 3.95% 3.69% 3.82%
0.01% 0.03% 0.03% 0.03% 0.03% 0.01% 0.01% 0.09% 0.11% 0.01% 0.02% 0.01%
54.96% 54.84% 54.74% 53.24% 52.29% 49.39% 49.84% 50.75% 50.70% 51.77% 52.02% 51.90%
No. of Shareholders 97,47897,33195,62191,79089,47085,17291,96394,29491,5771,02,4931,02,31699,524

* 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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