Prakash Steelage Ltd
Incorporated in 1996, Prakash Steelage Ltd manufactures and exports stainless Steel tubes & pipes[1]
- Market Cap ₹ 92.9 Cr.
- Current Price ₹ 5.30
- High / Low ₹ 10.2 / 4.99
- Stock P/E
- Book Value ₹ 6.31
- Dividend Yield 0.00 %
- ROCE -10.6 %
- ROE -45.1 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.84 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 33.6%
- Company has high debtors of 193 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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|
| 1,025 | 1,123 | 565 | |
| 957 | 1,055 | 606 | |
| Operating Profit | 68 | 68 | -41 |
| OPM % | 7% | 6% | -7% |
| 5 | 2 | -9 | |
| Interest | 35 | 36 | 29 |
| Depreciation | 8 | 11 | 8 |
| Profit before tax | 30 | 22 | -87 |
| Tax % | 29% | 33% | 1% |
| 21 | 15 | -88 | |
| EPS in Rs | 1.22 | 0.84 | -5.02 |
| Dividend Payout % | 8% | 6% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -50% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -457% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 52% |
| 3 Years: | 0% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -45% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|
| Equity Capital | 18 | 18 | 18 |
| Reserves | 167 | 180 | 93 |
| 264 | 245 | 203 | |
| 193 | 361 | 183 | |
| Total Liabilities | 642 | 803 | 497 |
| 84 | 81 | 19 | |
| CWIP | 1 | 1 | 5 |
| Investments | 0 | 0 | 3 |
| 557 | 721 | 470 | |
| Total Assets | 642 | 803 | 497 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|
| -8 | 51 | 25 | |
| -9 | -0 | 45 | |
| 23 | -58 | -71 | |
| Net Cash Flow | 5 | -8 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | |
|---|---|---|---|
| Debtor Days | 99 | 119 | 193 |
| Inventory Days | 84 | 99 | 29 |
| Days Payable | 64 | 116 | 76 |
| Cash Conversion Cycle | 120 | 102 | 146 |
| Working Capital Days | 42 | 51 | 79 |
| ROCE % | 15% | -11% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 18 Oct
-
Scrutinizer''s Report & Voting Result
30 Sep - 34th AGM (26 Sep 2025): all resolutions passed; FY2025 statements adopted; directors reappointed; secretarial auditor appointed 2025-2030.
-
Closure of Trading Window
27 Sep - 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 27 Sep
-
Announcement under Regulation 30 (LODR)-Change in Management
26 Sep - Reappointment of Mr. Ashok M. Seth as Whole-Time Director Dec 29, 2025–Dec 28, 2030; SK Jain secretarial auditor FY2025–2030.
Annual reports
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Financial Year 2025
from bse
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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
from bse
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