Prakash Steelage Ltd
Incorporated in 1996, Prakash Steelage Ltd manufactures and exports stainless Steel tubes & pipes[1]
- Market Cap ₹ 96.4 Cr.
- Current Price ₹ 5.51
- High / Low ₹ 10.2 / 5.32
- Stock P/E 60.3
- Book Value ₹ 0.51
- Dividend Yield 0.00 %
- ROCE 19.6 %
- ROE 15.6 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 10.8 times its book value
- Promoter holding is low: 33.6%
- Company might be capitalizing the interest cost
- Debtor days have increased from 45.6 to 55.5 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
944.19 | 1,072.34 | 555.12 | 145.14 | 45.64 | 42.99 | 32.50 | 24.47 | 46.22 | 94.97 | 105.77 | 76.57 | 76.23 | |
880.82 | 1,005.25 | 590.32 | 190.87 | 44.50 | 40.25 | 28.86 | 26.70 | 40.19 | 92.48 | 102.19 | 75.03 | 73.67 | |
Operating Profit | 63.37 | 67.09 | -35.20 | -45.73 | 1.14 | 2.74 | 3.64 | -2.23 | 6.03 | 2.49 | 3.58 | 1.54 | 2.56 |
OPM % | 6.71% | 6.26% | -6.34% | -31.51% | 2.50% | 6.37% | 11.20% | -9.11% | 13.05% | 2.62% | 3.38% | 2.01% | 3.36% |
5.35 | 1.86 | -8.84 | -91.35 | -246.53 | 13.45 | -2.41 | 48.27 | 161.10 | 1.60 | 55.77 | 1.45 | 0.72 | |
Interest | 35.32 | 36.19 | 28.68 | 11.06 | 0.05 | 0.03 | 0.05 | 0.22 | 3.16 | 0.09 | 0.19 | 0.10 | 0.11 |
Depreciation | 8.09 | 11.36 | 7.82 | 3.32 | 2.83 | 2.36 | 2.02 | 1.52 | 0.94 | 0.91 | 0.86 | 0.93 | 0.94 |
Profit before tax | 25.31 | 21.40 | -80.54 | -151.46 | -248.27 | 13.80 | -0.84 | 44.30 | 163.03 | 3.09 | 58.30 | 1.96 | 2.23 |
Tax % | 34.61% | 34.30% | 1.13% | 0.06% | -3.02% | 0.36% | -71.43% | -14.58% | -0.29% | -34.30% | 0.72% | 34.18% | |
16.55 | 14.06 | -81.44 | -151.56 | -240.76 | 13.74 | -0.24 | 50.76 | 163.50 | 4.15 | 57.89 | 1.30 | 1.60 | |
EPS in Rs | 0.95 | 0.80 | -4.65 | -8.66 | -13.76 | 0.79 | -0.01 | 2.90 | 9.34 | 0.24 | 3.31 | 0.07 | 0.09 |
Dividend Payout % | 10.57% | 6.22% | 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: | -23% |
5 Years: | 19% |
3 Years: | 18% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | -23% |
5 Years: | -15% |
3 Years: | -69% |
TTM: | -37% |
Stock Price CAGR | |
---|---|
10 Years: | -7% |
5 Years: | 51% |
3 Years: | 0% |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 16% |
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 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 | 17.50 |
Reserves | 162.04 | 174.45 | 93.01 | -58.39 | -299.28 | -285.60 | -285.85 | -235.17 | -71.78 | -67.65 | -9.78 | -8.60 |
264.16 | 244.84 | 203.14 | 247.25 | 242.95 | 242.85 | 242.95 | 192.34 | 33.96 | 28.90 | 0.31 | 4.06 | |
193.37 | 360.51 | 183.19 | 123.90 | 104.38 | 78.00 | 63.26 | 55.18 | 57.74 | 58.67 | 32.34 | 24.55 | |
Total Liabilities | 637.07 | 797.30 | 496.84 | 330.26 | 65.55 | 52.75 | 37.86 | 29.85 | 37.42 | 37.42 | 40.37 | 37.51 |
83.95 | 80.91 | 19.37 | 13.68 | 16.30 | 12.61 | 10.82 | 9.43 | 6.33 | 5.88 | 5.52 | 5.42 | |
CWIP | 0.68 | 1.25 | 4.58 | 5.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.00 |
Investments | 0.40 | 0.40 | 3.35 | 3.25 | 3.25 | 3.25 | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
552.04 | 714.74 | 469.54 | 307.71 | 46.00 | 36.89 | 23.79 | 20.42 | 31.09 | 31.54 | 34.50 | 32.09 | |
Total Assets | 637.07 | 797.30 | 496.84 | 330.26 | 65.55 | 52.75 | 37.86 | 29.85 | 37.42 | 37.42 | 40.37 | 37.51 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-8.84 | 51.42 | 24.97 | -54.35 | 0.55 | -20.47 | 0.14 | 0.48 | 37.86 | 6.09 | 29.20 | -3.33 | |
-9.26 | -0.55 | 44.94 | 21.03 | 3.99 | 20.47 | -0.21 | 50.58 | -0.17 | -0.53 | -0.67 | -0.45 | |
22.65 | -58.32 | -71.46 | 33.16 | -4.35 | -0.14 | 0.06 | -50.86 | -37.58 | -5.16 | -28.94 | 3.69 | |
Net Cash Flow | 4.55 | -7.45 | -1.55 | -0.17 | 0.19 | -0.14 | -0.01 | 0.20 | 0.11 | 0.40 | -0.42 | -0.09 |
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 | 107.92 | 124.45 | 196.36 | 343.32 | 183.14 | 117.93 | 100.07 | 89.65 | 30.80 | 39.74 | 41.41 | 55.53 |
Inventory Days | 89.89 | 102.18 | 29.85 | 38.48 | 76.73 | 94.79 | 207.18 | 180.26 | 255.37 | 72.88 | 74.81 | 101.47 |
Days Payable | 69.35 | 121.79 | 77.72 | 216.81 | 917.49 | 918.37 | 941.23 | 912.13 | 661.23 | 243.69 | 110.58 | 114.61 |
Cash Conversion Cycle | 128.46 | 104.84 | 148.49 | 164.99 | -657.61 | -705.65 | -633.99 | -642.22 | -375.06 | -131.07 | 5.64 | 42.39 |
Working Capital Days | 43.44 | 51.56 | 80.84 | -148.02 | -2,372.90 | -2,371.27 | -3,099.92 | -3,389.86 | -485.03 | -224.60 | 1.14 | 10.34 |
ROCE % | 14.59% | 14.76% | -8.92% | -12.59% | 0.06% | 19.63% |
Documents
Announcements
-
Closure of Trading Window
8h - Trading window closed Oct 1, 2025 until 48 hours after unaudited Q2/h1 September 30, 2025 results announcement.
- Appointment Of Secretarial Auditor For A Term Of 5 Consecutive Years 8h
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Reappointment of Mr. Ashok M. Seth as Whole-Time Director Dec 29, 2025–Dec 28, 2030; SK Jain secretarial auditor FY2025–2030.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 1d
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Sep - Newspaper Advertisement regarding 34th Annual General Meeting of the Company.
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][2][3]
PSL is an 1SO 9001-2015, ISO 14001-2004, OHSAS 18001-2007, PED Certified company and is a part of Prakash Group. It started its business with trading in stainless steel (SS) sheets, coils, plates and scrap. Currently, company manufactures stainless steel (seamless and welded) pipes and tubes and trades into stainless steel sheets and coils, etc. in Silvassa