Prakash Steelage Ltd
NSE: PRAKASHSTL BSE: 533239Metal
Incorporated in 1996, Prakash Steelage Ltd manufactures and exports stainless Steel tubes & pipes[1]
₹4.31
52W: ₹3.84 — ₹6.9
PE 71.2 · Book ₹0.53 · +713% vs bookMarket Cap₹75.4 Cr
Stock P/E71.2Price to Earnings
ROCE19.6%Return on Capital
ROE15.6%Return on Equity
Div. Yield0%Face Value ₹1
Weaknesses
- −Stock is trading at 8.15 times its book value
- −Promoter holding is low: 33.6%
- −Debtor days have increased from 45.6 to 55.5 days.
Shareholding Pattern
Promoters33.56%
FIIs0%
DIIs0%
Public66.45%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 33.52% | 33.55%▲0.0 | 33.55% | 33.56%▲0.0 | 33.56% | 33.56% | 33.56% | 33.56% |
| FIIs | 0.06% | 0%▼0.1 | 0% | 0% | 0.16%▲0.2 | 0%▼0.2 | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 66.41% | 66.45%▲0.0 | 66.44%▼0.0 | 66.44% | 66.29%▼0.1 | 66.44%▲0.1 | 66.44% | 66.45%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.14 | 25.86 | 25.73 | 16.77 | 19.25 | 19.24 | 21.31 | 16.43 | 25.06 | 24.45 |
| Expenses | 24.1 | 24.58 | 25.68 | 17.34 | 19.05 | 18.02 | 20.62 | 15.98 | 24.76 | 23.77 |
| Operating Profit | 1.04 | 1.28 | 0.05 | -0.57 | 0.2 | 1.22 | 0.69 | 0.45 | 0.3 | 0.68 |
| OPM % | 4.14% | 4.95% | 0.19% | -3.4% | 1.04% | 6.34% | 3.24% | 2.74% | 1.2% | 2.78% |
| Net Profit | 0.8 | 1.01 | 35.06 | 0.08 | 0.28 | 0.68 | 0.26 | 0.38 | 0.09 | 0.33 |
| EPS ₹ | 0.05 | 0.06 | 2 | 0 | 0.02 | 0.04 | 0.01 | 0.02 | 0.01 | 0.02 |
AI Insights
Revenue Trend
TTM revenue at ₹87.25Cr, up 13.9% YoY. OPM at 2.43%.
Debt Position
Borrowings at ₹2.12Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 33.56%.
Margin & Efficiency
ROCE improving from 14.59% (Mar 2014) to 19.63% (Mar 2025). Working capital days: 10.34.
Valuation
PE 71.2x with 19.6% ROCE. Price is 713% above book value of ₹0.53. Dividend yield: 0%.
Recent Announcements
- Announcement Under Reg 30 Of LODR 22 Apr - SEBI issued show cause notice on April 21, 2026 over alleged LODR violations.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) compliance certificate for quarter and year ended March 31, 2026 submitted by RTA.
- Closure of Trading Window 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter and year ended Mar 31, 2026.
- Announcement Under Regulation 30 Of LODR - Company Update 24 Mar - Income Tax assessment order dated March 23, 2026 demands Rs.49.29 crore for AY 2024-25.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse