Share Price and Basic Stock Data
Last Updated: November 19, 2025, 10:17 pm
| PEG Ratio | -0.97 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Prakash Steelage Ltd operates in the steel tubes and pipes sector, focusing on manufacturing and trading activities. For FY 2025, the company reported sales of ₹76.57 Cr, a decline from ₹105.77 Cr in FY 2024, reflecting challenges in maintaining revenue levels. The quarterly sales figures show a peak in Mar 2024 at ₹25.73 Cr, followed by a drop to ₹16.43 Cr in Jun 2025, indicating volatility in demand or operational efficiency. The operating profit margin stood at a mere 2.74%, significantly lower than typical sector averages, suggesting pressure on pricing or cost management. A consistent decline in sales from ₹31.37 Cr in Mar 2023 to ₹25.73 Cr in Mar 2024 highlights the need for strategic intervention. The company’s performance is further affected by fluctuating expenses, which peaked at ₹32.26 Cr in Mar 2023, leading to a negative operating profit in that quarter. Overall, while the company has a recognized market presence, the recent performance trends raise concerns about its revenue sustainability.
Profitability and Efficiency Metrics
Prakash Steelage’s profitability metrics show a mixed performance, with a significant net profit of ₹4.15 Cr reported in FY 2023, which drastically declined to ₹1.30 Cr in FY 2025. Despite a favorable return on equity (ROE) of 15.6% and return on capital employed (ROCE) of 19.6%, the operating profit margin (OPM) remains low at 2.74%. The company has struggled with profitability, as evidenced by the operating profit turning negative in Mar 2023 at ₹-0.89 Cr. The interest coverage ratio (ICR) stood at -0.98x, indicating an inability to cover interest expenses from operating profit. This is a significant red flag for potential investors, as it suggests financial strain. The cash conversion cycle (CCC) of 42.39 days indicates a relatively efficient management of working capital. However, the decline in operating profits and the challenges in maintaining consistent profitability metrics warrant attention, especially in a competitive market.
Balance Sheet Strength and Financial Ratios
Prakash Steelage’s balance sheet presents a mixed picture, with total liabilities of ₹37.51 Cr against total assets of ₹37.51 Cr as of FY 2025, suggesting a precarious financial position. The company reported reserves of ₹-8.60 Cr, indicating a negative equity situation, which raises concerns about long-term viability and solvency. Borrowings recorded at ₹4.06 Cr are manageable, yet the company’s high debt levels compared to equity can strain future operations. The price-to-book value (P/BV) ratio stands at 1.27x, reflecting a premium over book value, which may not justify investor confidence given the negative reserves. The current ratio of 1.40x indicates adequate liquidity to cover short-term obligations. However, the interest coverage ratio at -0.98x is alarming and suggests potential challenges in meeting interest payments. Overall, while the company maintains liquidity, the negative equity and high debt levels pose substantial risks to financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Prakash Steelage indicates a stable yet concentrated ownership structure, with promoters holding 33.56% of the shares as of Mar 2025. The absence of foreign institutional investors (FIIs) reflects a lack of external confidence, potentially limiting liquidity and market interest. Public ownership is significant at 66.44%, but the recent fluctuation in the number of shareholders—from 93,785 in Mar 2023 to 1,65,630 in Mar 2025—suggests a growing interest among retail investors. However, the lack of institutional backing could hinder the company’s ability to attract larger capital inflows necessary for expansion or operational improvements. This concentration of ownership may also lead to governance challenges, particularly if the interests of promoters diverge from those of minority shareholders. Thus, while there is growing retail investor interest, the overall lack of institutional support could constrain the company’s growth prospects.
Outlook, Risks, and Final Insight
The outlook for Prakash Steelage appears challenging, given the declining sales and profitability metrics combined with significant financial leverage. Key risks include the company’s negative reserves, which could impact its ability to secure financing, and low operating margins, which may hinder competitiveness in the steel industry. Additionally, the negative interest coverage ratio raises concerns about financial sustainability, particularly in a rising interest rate environment. On the other hand, strengths include a relatively high ROE and a consistent liquidity position, providing some buffer against short-term financial pressures. The company must focus on improving operational efficiencies and stabilizing revenue streams to regain investor confidence. Should management successfully implement strategic initiatives to enhance profitability and reduce debt levels, there could be a potential turnaround in performance. However, without substantive changes, the challenges may continue to overshadow the company’s strengths.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Prakash Steelage Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mukat Pipes Ltd | 16.0 Cr. | 13.5 | 22.0/12.6 | 6.21 | 0.00 % | % | % | 5.00 | |
| Hariom Pipe Industries Ltd | 1,141 Cr. | 369 | 595/301 | 18.2 | 195 | 0.17 % | 14.1 % | 11.9 % | 10.0 |
| Earthstahl & Alloys Ltd | 27.9 Cr. | 22.8 | 45.0/20.3 | 28.0 | 0.00 % | 3.58 % | 1.43 % | 10.0 | |
| Crimson Metal Engineering Company Ltd | 15.7 Cr. | 35.5 | 35.5/10.8 | 131 | 12.8 | 0.00 % | 8.11 % | 2.35 % | 10.0 |
| Welspun Corp Ltd | 23,587 Cr. | 897 | 995/650 | 13.3 | 311 | 0.56 % | 21.2 % | 18.6 % | 5.00 |
| Industry Average | 9,806.67 Cr | 529.45 | 43.54 | 162.96 | 0.42% | 15.34% | 11.65% | 4.69 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.72 | 19.57 | 27.32 | 31.37 | 29.04 | 25.14 | 25.86 | 25.73 | 16.77 | 19.25 | 19.24 | 21.31 | 16.43 |
| Expenses | 16.08 | 18.83 | 25.31 | 32.26 | 27.83 | 24.10 | 24.58 | 25.68 | 17.34 | 19.05 | 18.02 | 20.62 | 15.98 |
| Operating Profit | 0.64 | 0.74 | 2.01 | -0.89 | 1.21 | 1.04 | 1.28 | 0.05 | -0.57 | 0.20 | 1.22 | 0.69 | 0.45 |
| OPM % | 3.83% | 3.78% | 7.36% | -2.84% | 4.17% | 4.14% | 4.95% | 0.19% | -3.40% | 1.04% | 6.34% | 3.24% | 2.74% |
| Other Income | 1.49 | 0.04 | 0.00 | 0.06 | 20.12 | 0.03 | 0.05 | 35.59 | 0.92 | 0.46 | 0.04 | 0.04 | 0.18 |
| Interest | 0.02 | 0.05 | 0.10 | -0.09 | 0.04 | 0.06 | 0.07 | 0.03 | 0.01 | 0.02 | 0.07 | 0.00 | 0.02 |
| Depreciation | 0.22 | 0.22 | 0.24 | 0.23 | 0.20 | 0.21 | 0.22 | 0.23 | 0.20 | 0.23 | 0.25 | 0.25 | 0.21 |
| Profit before tax | 1.89 | 0.51 | 1.67 | -0.97 | 21.09 | 0.80 | 1.04 | 35.38 | 0.14 | 0.41 | 0.94 | 0.48 | 0.40 |
| Tax % | 0.00% | 0.00% | 0.00% | -109.28% | 0.28% | 0.00% | 2.88% | 0.90% | 35.71% | 34.15% | 28.72% | 47.92% | 5.00% |
| Net Profit | 1.89 | 0.50 | 1.67 | 0.08 | 21.02 | 0.80 | 1.01 | 35.06 | 0.08 | 0.28 | 0.68 | 0.26 | 0.38 |
| EPS in Rs | 0.11 | 0.03 | 0.10 | 0.00 | 1.20 | 0.05 | 0.06 | 2.00 | 0.00 | 0.02 | 0.04 | 0.01 | 0.02 |
Last Updated: August 20, 2025, 5:10 am
Below is a detailed analysis of the quarterly data for Prakash Steelage Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 16.43 Cr.. The value appears to be declining and may need further review. It has decreased from 21.31 Cr. (Mar 2025) to 16.43 Cr., marking a decrease of 4.88 Cr..
- For Expenses, as of Jun 2025, the value is 15.98 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 20.62 Cr. (Mar 2025) to 15.98 Cr., marking a decrease of 4.64 Cr..
- For Operating Profit, as of Jun 2025, the value is 0.45 Cr.. The value appears to be declining and may need further review. It has decreased from 0.69 Cr. (Mar 2025) to 0.45 Cr., marking a decrease of 0.24 Cr..
- For OPM %, as of Jun 2025, the value is 2.74%. The value appears to be declining and may need further review. It has decreased from 3.24% (Mar 2025) to 2.74%, marking a decrease of 0.50%.
- For Other Income, as of Jun 2025, the value is 0.18 Cr.. The value appears strong and on an upward trend. It has increased from 0.04 Cr. (Mar 2025) to 0.18 Cr., marking an increase of 0.14 Cr..
- For Interest, as of Jun 2025, the value is 0.02 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.00 Cr. (Mar 2025) to 0.02 Cr., marking an increase of 0.02 Cr..
- For Depreciation, as of Jun 2025, the value is 0.21 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.25 Cr. (Mar 2025) to 0.21 Cr., marking a decrease of 0.04 Cr..
- For Profit before tax, as of Jun 2025, the value is 0.40 Cr.. The value appears to be declining and may need further review. It has decreased from 0.48 Cr. (Mar 2025) to 0.40 Cr., marking a decrease of 0.08 Cr..
- For Tax %, as of Jun 2025, the value is 5.00%. The value appears to be improving (decreasing) as expected. It has decreased from 47.92% (Mar 2025) to 5.00%, marking a decrease of 42.92%.
- For Net Profit, as of Jun 2025, the value is 0.38 Cr.. The value appears strong and on an upward trend. It has increased from 0.26 Cr. (Mar 2025) to 0.38 Cr., marking an increase of 0.12 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.02. The value appears strong and on an upward trend. It has increased from 0.01 (Mar 2025) to 0.02, marking an increase of 0.01.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:38 am
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 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 | 82.04 |
| Expenses | 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 | 79.38 |
| 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 | 2.66 |
| 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% | 3.24% |
| Other Income | 5.35 | 1.86 | -8.84 | -91.35 | -246.53 | 13.45 | -2.41 | 48.27 | 161.10 | 1.60 | 55.77 | 1.45 | 0.31 |
| 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 | 0.10 |
| 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 | 0.93 |
| 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 | 1.94 |
| 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% | |
| Net Profit | 16.55 | 14.06 | -81.44 | -151.56 | -240.76 | 13.74 | -0.24 | 50.76 | 163.50 | 4.15 | 57.89 | 1.30 | 1.41 |
| 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 | 0.08 |
| 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% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -15.05% | -679.23% | -86.10% | -58.85% | 105.71% | -101.75% | 21250.00% | 222.10% | -97.46% | 1294.94% | -97.75% |
| Change in YoY Net Profit Growth (%) | 0.00% | -664.19% | 593.13% | 27.25% | 164.56% | -207.45% | 21351.75% | -21027.90% | -319.57% | 1392.40% | -1392.69% |
Prakash Steelage Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| 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: | -6% |
| 5 Years: | 51% |
| 3 Years: | -2% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 16% |
Last Updated: September 5, 2025, 12:35 pm
Balance Sheet
Last Updated: September 10, 2025, 2:18 pm
| Month | 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 |
| Borrowings | 264.16 | 244.84 | 203.14 | 247.25 | 242.95 | 242.85 | 242.95 | 192.34 | 33.96 | 28.90 | 0.31 | 4.06 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 |
Below is a detailed analysis of the balance sheet data for Prakash Steelage Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 17.50 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 17.50 Cr..
- For Reserves, as of Mar 2025, the value is -8.60 Cr.. The value appears to be improving (becoming less negative). It has improved from -9.78 Cr. (Mar 2024) to -8.60 Cr., marking an improvement of 1.18 Cr..
- For Borrowings, as of Mar 2025, the value is 4.06 Cr.. The value appears to be increasing, which may not be favorable. However, Reserves are negative, which is a major warning sign. It has increased from 0.31 Cr. (Mar 2024) to 4.06 Cr., marking an increase of 3.75 Cr..
- For Other Liabilities, as of Mar 2025, the value is 24.55 Cr.. The value appears to be improving (decreasing). It has decreased from 32.34 Cr. (Mar 2024) to 24.55 Cr., marking a decrease of 7.79 Cr..
- For Total Liabilities, as of Mar 2025, the value is 37.51 Cr.. The value appears to be improving (decreasing). It has decreased from 40.37 Cr. (Mar 2024) to 37.51 Cr., marking a decrease of 2.86 Cr..
- For Fixed Assets, as of Mar 2025, the value is 5.42 Cr.. The value appears to be declining and may need further review. It has decreased from 5.52 Cr. (Mar 2024) to 5.42 Cr., marking a decrease of 0.10 Cr..
- For CWIP, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.35 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 0.35 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Assets, as of Mar 2025, the value is 32.09 Cr.. The value appears to be declining and may need further review. It has decreased from 34.50 Cr. (Mar 2024) to 32.09 Cr., marking a decrease of 2.41 Cr..
- For Total Assets, as of Mar 2025, the value is 37.51 Cr.. The value appears to be declining and may need further review. It has decreased from 40.37 Cr. (Mar 2024) to 37.51 Cr., marking a decrease of 2.86 Cr..
However, the Borrowings (4.06 Cr.) are higher than the Reserves (-8.60 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -200.79 | -177.75 | -238.34 | -292.98 | -241.81 | -240.11 | -239.31 | -194.57 | -27.93 | -26.41 | 3.27 | -2.52 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | 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% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 16 | Mar 15 | Mar 14 |
|---|---|---|---|
| FaceValue | 1.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -5.02 | 8.41 | 12.23 |
| Diluted EPS (Rs.) | -5.02 | 8.41 | 12.23 |
| Cash EPS (Rs.) | -4.58 | 14.90 | 16.85 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 6.31 | 112.86 | 105.35 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 6.31 | 112.86 | 105.35 |
| Revenue From Operations / Share (Rs.) | 32.26 | 641.81 | 585.96 |
| PBDIT / Share (Rs.) | -1.62 | 45.64 | 41.04 |
| PBIT / Share (Rs.) | -2.07 | 39.15 | 36.42 |
| PBT / Share (Rs.) | -4.97 | 12.60 | 17.24 |
| Net Profit / Share (Rs.) | -5.02 | 8.41 | 12.23 |
| NP After MI And SOA / Share (Rs.) | -5.02 | 8.41 | 12.23 |
| PBDIT Margin (%) | -5.02 | 7.11 | 7.00 |
| PBIT Margin (%) | -6.41 | 6.10 | 6.21 |
| PBT Margin (%) | -15.40 | 1.96 | 2.94 |
| Net Profit Margin (%) | -15.56 | 1.30 | 2.08 |
| NP After MI And SOA Margin (%) | -15.56 | 1.30 | 2.08 |
| Return on Networth / Equity (%) | -79.54 | 7.44 | 11.60 |
| Return on Capital Employeed (%) | -20.49 | 27.06 | 27.55 |
| Return On Assets (%) | -17.69 | 1.83 | 3.33 |
| Long Term Debt / Equity (X) | 0.24 | 0.24 | 0.21 |
| Total Debt / Equity (X) | 1.84 | 1.21 | 1.40 |
| Asset Turnover Ratio (%) | 0.85 | 1.49 | 0.00 |
| Current Ratio (X) | 1.40 | 1.28 | 1.33 |
| Quick Ratio (X) | 1.25 | 0.79 | 0.82 |
| Inventory Turnover Ratio (X) | 0.53 | 1.04 | 0.00 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 5.94 | 8.17 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 3.35 | 5.93 |
| Earning Retention Ratio (%) | 0.00 | 94.06 | 91.83 |
| Cash Earning Retention Ratio (%) | 0.00 | 96.65 | 94.07 |
| Interest Coverage Ratio (X) | -0.98 | 2.21 | 2.03 |
| Interest Coverage Ratio (Post Tax) (X) | -1.29 | 1.69 | 1.56 |
| Enterprise Value (Cr.) | 338.86 | 455.72 | 465.19 |
| EV / Net Operating Revenue (X) | 0.60 | 0.40 | 0.45 |
| EV / EBITDA (X) | -11.93 | 5.71 | 6.48 |
| MarketCap / Net Operating Revenue (X) | 0.24 | 0.20 | 0.22 |
| Retention Ratios (%) | 0.00 | 94.05 | 91.82 |
| Price / BV (X) | 1.27 | 1.15 | 1.23 |
| Price / Net Operating Revenue (X) | 0.24 | 0.20 | 0.22 |
| EarningsYield | -0.62 | 0.06 | 0.09 |
After reviewing the key financial ratios for Prakash Steelage Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 16, the value is 1.00. This value is within the healthy range. It has decreased from 10.00 (Mar 15) to 1.00, marking a decrease of 9.00.
- For Basic EPS (Rs.), as of Mar 16, the value is -5.02. This value is below the healthy minimum of 5. It has decreased from 8.41 (Mar 15) to -5.02, marking a decrease of 13.43.
- For Diluted EPS (Rs.), as of Mar 16, the value is -5.02. This value is below the healthy minimum of 5. It has decreased from 8.41 (Mar 15) to -5.02, marking a decrease of 13.43.
- For Cash EPS (Rs.), as of Mar 16, the value is -4.58. This value is below the healthy minimum of 3. It has decreased from 14.90 (Mar 15) to -4.58, marking a decrease of 19.48.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 16, the value is 6.31. It has decreased from 112.86 (Mar 15) to 6.31, marking a decrease of 106.55.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 16, the value is 6.31. It has decreased from 112.86 (Mar 15) to 6.31, marking a decrease of 106.55.
- For Revenue From Operations / Share (Rs.), as of Mar 16, the value is 32.26. It has decreased from 641.81 (Mar 15) to 32.26, marking a decrease of 609.55.
- For PBDIT / Share (Rs.), as of Mar 16, the value is -1.62. This value is below the healthy minimum of 2. It has decreased from 45.64 (Mar 15) to -1.62, marking a decrease of 47.26.
- For PBIT / Share (Rs.), as of Mar 16, the value is -2.07. This value is below the healthy minimum of 0. It has decreased from 39.15 (Mar 15) to -2.07, marking a decrease of 41.22.
- For PBT / Share (Rs.), as of Mar 16, the value is -4.97. This value is below the healthy minimum of 0. It has decreased from 12.60 (Mar 15) to -4.97, marking a decrease of 17.57.
- For Net Profit / Share (Rs.), as of Mar 16, the value is -5.02. This value is below the healthy minimum of 2. It has decreased from 8.41 (Mar 15) to -5.02, marking a decrease of 13.43.
- For NP After MI And SOA / Share (Rs.), as of Mar 16, the value is -5.02. This value is below the healthy minimum of 2. It has decreased from 8.41 (Mar 15) to -5.02, marking a decrease of 13.43.
- For PBDIT Margin (%), as of Mar 16, the value is -5.02. This value is below the healthy minimum of 10. It has decreased from 7.11 (Mar 15) to -5.02, marking a decrease of 12.13.
- For PBIT Margin (%), as of Mar 16, the value is -6.41. This value is below the healthy minimum of 10. It has decreased from 6.10 (Mar 15) to -6.41, marking a decrease of 12.51.
- For PBT Margin (%), as of Mar 16, the value is -15.40. This value is below the healthy minimum of 10. It has decreased from 1.96 (Mar 15) to -15.40, marking a decrease of 17.36.
- For Net Profit Margin (%), as of Mar 16, the value is -15.56. This value is below the healthy minimum of 5. It has decreased from 1.30 (Mar 15) to -15.56, marking a decrease of 16.86.
- For NP After MI And SOA Margin (%), as of Mar 16, the value is -15.56. This value is below the healthy minimum of 8. It has decreased from 1.30 (Mar 15) to -15.56, marking a decrease of 16.86.
- For Return on Networth / Equity (%), as of Mar 16, the value is -79.54. This value is below the healthy minimum of 15. It has decreased from 7.44 (Mar 15) to -79.54, marking a decrease of 86.98.
- For Return on Capital Employeed (%), as of Mar 16, the value is -20.49. This value is below the healthy minimum of 10. It has decreased from 27.06 (Mar 15) to -20.49, marking a decrease of 47.55.
- For Return On Assets (%), as of Mar 16, the value is -17.69. This value is below the healthy minimum of 5. It has decreased from 1.83 (Mar 15) to -17.69, marking a decrease of 19.52.
- For Long Term Debt / Equity (X), as of Mar 16, the value is 0.24. This value is within the healthy range. There is no change compared to the previous period (Mar 15) which recorded 0.24.
- For Total Debt / Equity (X), as of Mar 16, the value is 1.84. This value exceeds the healthy maximum of 1. It has increased from 1.21 (Mar 15) to 1.84, marking an increase of 0.63.
- For Asset Turnover Ratio (%), as of Mar 16, the value is 0.85. It has decreased from 1.49 (Mar 15) to 0.85, marking a decrease of 0.64.
- For Current Ratio (X), as of Mar 16, the value is 1.40. This value is below the healthy minimum of 1.5. It has increased from 1.28 (Mar 15) to 1.40, marking an increase of 0.12.
- For Quick Ratio (X), as of Mar 16, the value is 1.25. This value is within the healthy range. It has increased from 0.79 (Mar 15) to 1.25, marking an increase of 0.46.
- For Inventory Turnover Ratio (X), as of Mar 16, the value is 0.53. This value is below the healthy minimum of 4. It has decreased from 1.04 (Mar 15) to 0.53, marking a decrease of 0.51.
- For Dividend Payout Ratio (NP) (%), as of Mar 16, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 5.94 (Mar 15) to 0.00, marking a decrease of 5.94.
- For Dividend Payout Ratio (CP) (%), as of Mar 16, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 3.35 (Mar 15) to 0.00, marking a decrease of 3.35.
- For Earning Retention Ratio (%), as of Mar 16, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 94.06 (Mar 15) to 0.00, marking a decrease of 94.06.
- For Cash Earning Retention Ratio (%), as of Mar 16, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 96.65 (Mar 15) to 0.00, marking a decrease of 96.65.
- For Interest Coverage Ratio (X), as of Mar 16, the value is -0.98. This value is below the healthy minimum of 3. It has decreased from 2.21 (Mar 15) to -0.98, marking a decrease of 3.19.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 16, the value is -1.29. This value is below the healthy minimum of 3. It has decreased from 1.69 (Mar 15) to -1.29, marking a decrease of 2.98.
- For Enterprise Value (Cr.), as of Mar 16, the value is 338.86. It has decreased from 455.72 (Mar 15) to 338.86, marking a decrease of 116.86.
- For EV / Net Operating Revenue (X), as of Mar 16, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.40 (Mar 15) to 0.60, marking an increase of 0.20.
- For EV / EBITDA (X), as of Mar 16, the value is -11.93. This value is below the healthy minimum of 5. It has decreased from 5.71 (Mar 15) to -11.93, marking a decrease of 17.64.
- For MarketCap / Net Operating Revenue (X), as of Mar 16, the value is 0.24. This value is below the healthy minimum of 1. It has increased from 0.20 (Mar 15) to 0.24, marking an increase of 0.04.
- For Retention Ratios (%), as of Mar 16, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 94.05 (Mar 15) to 0.00, marking a decrease of 94.05.
- For Price / BV (X), as of Mar 16, the value is 1.27. This value is within the healthy range. It has increased from 1.15 (Mar 15) to 1.27, marking an increase of 0.12.
- For Price / Net Operating Revenue (X), as of Mar 16, the value is 0.24. This value is below the healthy minimum of 1. It has increased from 0.20 (Mar 15) to 0.24, marking an increase of 0.04.
- For EarningsYield, as of Mar 16, the value is -0.62. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 15) to -0.62, marking a decrease of 0.68.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Prakash Steelage Ltd:
- Net Profit Margin: -15.56%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -20.49% (Industry Average ROCE: 15.34%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -79.54% (Industry Average ROE: 11.65%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -1.29
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.25
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 59.8 (Industry average Stock P/E: 43.54)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.84
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -15.56%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Tubes/Pipes | 101, 1st Floor, Shatrunjay Apartment, Mumbai Maharashtra 400004 | investorsgrievances@prakashsteelage.com http://www.prakashsteelage.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Prakash C Kanugo | Chairman & Managing Director |
| Mr. Ashok M Seth | WholeTime Director & CFO |
| Mr. Hemant P Kanugo | Whole Time Director |
| Mr. Kamal P Kanugo | Whole Time Director |
| Mr. Neetta K Bokaria | Independent Director |
| Mr. Rajesh Kumar Agrawal | Independent Director |
| Mr. Sundaram Padmanabhan | Independent Director |
| Mr. Sharad Chandra Bohra | Independent Director |
| Mrs. Shweta Mundra | Independent Director |
FAQ
What is the intrinsic value of Prakash Steelage Ltd?
Prakash Steelage Ltd's intrinsic value (as of 19 November 2025) is 4.03 which is 16.56% lower the current market price of 4.83, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 84.4 Cr. market cap, FY2025-2026 high/low of 10.2/4.63, reserves of ₹-8.60 Cr, and liabilities of 37.51 Cr.
What is the Market Cap of Prakash Steelage Ltd?
The Market Cap of Prakash Steelage Ltd is 84.4 Cr..
What is the current Stock Price of Prakash Steelage Ltd as on 19 November 2025?
The current stock price of Prakash Steelage Ltd as on 19 November 2025 is 4.83.
What is the High / Low of Prakash Steelage Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Prakash Steelage Ltd stocks is 10.2/4.63.
What is the Stock P/E of Prakash Steelage Ltd?
The Stock P/E of Prakash Steelage Ltd is 59.8.
What is the Book Value of Prakash Steelage Ltd?
The Book Value of Prakash Steelage Ltd is 0.53.
What is the Dividend Yield of Prakash Steelage Ltd?
The Dividend Yield of Prakash Steelage Ltd is 0.00 %.
What is the ROCE of Prakash Steelage Ltd?
The ROCE of Prakash Steelage Ltd is 19.6 %.
What is the ROE of Prakash Steelage Ltd?
The ROE of Prakash Steelage Ltd is 15.6 %.
What is the Face Value of Prakash Steelage Ltd?
The Face Value of Prakash Steelage Ltd is 1.00.