Prakash Industries Ltd
NSE: PRAKASH BSE: 506022Metal
Prakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power. [1]
₹146
52W: ₹110 — ₹191
PE 7.86 · Book ₹191 · -24% vs bookMarket Cap₹2,616 Cr
Stock P/E7.86Price to Earnings
ROCE11.2%Return on Capital
ROE11.2%Return on Equity
Div. Yield0.99%Face Value ₹10
Strengths
- +Stock is trading at 0.77 times its book value
- +Company has delivered good profit growth of 24.5% CAGR over last 5 years
Weaknesses
- −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.
Shareholding Pattern
Promoters44.38%
FIIs3.89%
DIIs0.01%
Public51.71%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 44.24% | 44.27%▲0.0 | 44.27% | 44.27% | 44.38%▲0.1 | 44.38% | 44.38% | 44.38% |
| FIIs | 4.95% | 3.95%▼1.0 | 3.69%▼0.3 | 3.82%▲0.1 | 4.28%▲0.5 | 4.36%▲0.1 | 4.03%▼0.3 | 3.89%▼0.1 |
| DIIs | 0.11% | 0.01%▼0.1 | 0.02%▲0.0 | 0.01%▼0.0 | 0.14%▲0.1 | 0.01%▼0.1 | 0.02%▲0.0 | 0.01%▼0.0 |
| Public | 50.7% | 51.77%▲1.1 | 52.02%▲0.3 | 51.9%▼0.1 | 51.21%▼0.7 | 51.24%▲0.0 | 51.57%▲0.3 | 51.71%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 889 | 885 | 890 | 1,167 | 1,077 | 926 | 845 | 1,037 | 723 | 799 |
| Expenses | 761 | 762 | 767 | 1,035 | 946 | 801 | 713 | 899 | 615 | 674 |
| Operating Profit | 128 | 123 | 123 | 132 | 131 | 125 | 132 | 138 | 108 | 124 |
| OPM % | 14% | 14% | 14% | 11% | 12% | 13% | 16% | 13% | 15% | 16% |
| Net Profit | 89 | 81 | 89 | 90 | 90 | 84 | 91 | 91 | 62 | 87 |
| EPS ₹ | 4.99 | 4.5 | 4.96 | 5.05 | 5.05 | 4.68 | 5.07 | 5.1 | 3.44 | 4.85 |
AI Insights
Revenue Trend
TTM revenue at ₹3,403Cr, down 15.2% YoY. OPM at 15%.
Debt Position
Borrowings at ₹342Cr. Debt-to-equity ratio: 0.11x. Healthy balance sheet.
Capex Cycle
CWIP at ₹118Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.01% (-0.02pp change). FIIs: 3.89% (+0.32pp change). Promoters hold 44.38%.
Margin & Efficiency
ROCE improving from 8% (Mar 2014) to 11% (Mar 2025). Working capital days: -3.
Valuation
PE 7.86x with 11.2% ROCE. Price is -24% above book value of ₹191. Dividend yield: 0.99%.
Recent Announcements
- Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended 31St March, 2026 And To Consider And Recommend Dividend, If Any On The Equity Shares Of The Company For The Financial Year Ended 31St March, 2026. 2d - Board meets 22 May 2026 to consider audited FY26 results and dividend, if any.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 2d - On 30 Apr 2026, Prakash Industries confirmed it is not a Large Corporate under SEBI circular.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Prakash Industries confirms it is not a Large Corporate under SEBI circular.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse