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Last Updated: April 2, 2026, 3:31 am
Author: Getaka|Social: XLinkedIn

Prakash Steelage Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹4.52Undervalued by 11.33%vs CMP ₹4.06

P/E (67.0) × ROE (15.6%) × BV (₹0.53) × DY (2.00%)

₹1.62Overvalued by 60.10%vs CMP ₹4.06
MoS: -150.6% (Negative)Confidence: 63/100 (Moderate)Models: 1 Under, 8 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹1.6522%Over (-59.4%)
Graham NumberEarnings₹0.8516%Over (-79.1%)
Earnings PowerEarnings₹5.9011%Under (+45.3%)
DCFCash Flow₹0.4813%Over (-88.2%)
Net Asset ValueAssets₹0.537%Over (-86.9%)
EV/EBITDAEnterprise₹1.019%Over (-75.1%)
Earnings YieldEarnings₹0.607%Over (-85.2%)
ROCE CapitalReturns₹1.509%Over (-63.1%)
Revenue MultipleRevenue₹2.195%Over (-46.1%)
Consensus (9 models)₹1.62100%Overvalued
Key Drivers: EPS CAGR -63.6% drags value — could be higher if earnings stabilize. | Wide model spread (₹0–₹6) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -63.6%

*Investments are subject to market risks

Investment Snapshot

50
Prakash Steelage Ltd scores 50/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health57/100 · Moderate
ROCE 19.6% GoodROE 15.6% GoodD/E 1.40 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 33.6% Stable
Earnings Quality40/100 · Moderate
OPM contracting (8% → 3%) Declining
Quarterly Momentum40/100 · Moderate
Revenue (4Q): +8% YoY GrowingProfit (4Q): -97% YoY DecliningOPM: 2.8% (down 3.6% YoY) Margin pressure
Industry Rank65/100 · Strong
P/E 67.0 vs industry 40.7 Premium to peersROCE 19.6% vs industry 15.3% Above peersROE 15.6% vs industry 11.7% Above peers3Y sales CAGR: 18% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:31 am

Market Cap 71.0 Cr.
Current Price 4.06
Intrinsic Value₹1.62
High / Low 7.45/3.84
Stock P/E67.0
Book Value 0.53
Dividend Yield0.00 %
ROCE19.6 %
ROE15.6 %
Face Value 1.00
PEG Ratio-1.05

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Prakash Steelage Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Prakash Steelage Ltd 71.0 Cr. 4.06 7.45/3.8467.0 0.530.00 %19.6 %15.6 % 1.00
Surani Steel Tubes Ltd 169 Cr. 109 139/47.356.8 79.70.00 %1.91 %1.12 % 10.0
APL Apollo Tubes Ltd 53,721 Cr. 1,935 2,301/1,36747.0 1660.30 %22.4 %19.0 % 2.00
Rama Steel Tubes Ltd 653 Cr. 3.99 14.9/3.4341.5 2.850.00 %6.75 %4.62 % 1.00
Ratnamani Metals & Tubes Ltd 15,814 Cr. 2,256 3,050/1,90026.5 5520.62 %21.5 %16.0 % 2.00
Industry Average9,873.50 Cr511.9240.74163.020.44%15.34%11.65%4.69

All Competitor Stocks of Prakash Steelage Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 27.3231.3729.0425.1425.8625.7316.7719.2519.2421.3116.4325.0624.45
Expenses 25.3132.2627.8324.1024.5825.6817.3419.0518.0220.6215.9824.7623.77
Operating Profit 2.01-0.891.211.041.280.05-0.570.201.220.690.450.300.68
OPM % 7.36%-2.84%4.17%4.14%4.95%0.19%-3.40%1.04%6.34%3.24%2.74%1.20%2.78%
Other Income -0.000.0620.120.030.0535.590.920.460.040.040.180.050.01
Interest 0.10-0.090.040.060.070.030.010.020.07-0.000.020.010.02
Depreciation 0.240.230.200.210.220.230.200.230.250.250.210.220.23
Profit before tax 1.67-0.9721.090.801.0435.380.140.410.940.480.400.120.44
Tax % -0.00%-109.28%0.28%-0.00%2.88%0.90%35.71%34.15%28.72%47.92%5.00%25.00%25.00%
Net Profit 1.670.0821.020.801.0135.060.080.280.680.260.380.090.33
EPS in Rs 0.100.001.200.050.062.000.000.020.040.010.020.010.02

Last Updated: March 3, 2026, 3:20 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 11:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 944.191,072.34555.12145.1445.6442.9932.5024.4746.2294.97105.7776.5787.25
Expenses 880.821,005.25590.32190.8744.5040.2528.8626.7040.1992.48102.1975.0385.13
Operating Profit 63.3767.09-35.20-45.731.142.743.64-2.236.032.493.581.542.12
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%2.43%
Other Income 5.351.86-8.84-91.35-246.5313.45-2.4148.27161.101.6055.771.450.28
Interest 35.3236.1928.6811.060.050.030.050.223.160.090.190.100.05
Depreciation 8.0911.367.823.322.832.362.021.520.940.910.860.930.91
Profit before tax 25.3121.40-80.54-151.46-248.2713.80-0.8444.30163.033.0958.301.961.44
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 16.5514.06-81.44-151.56-240.7613.74-0.2450.76163.504.1557.891.301.06
EPS in Rs 0.950.80-4.65-8.66-13.760.79-0.012.909.340.243.310.070.06
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%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
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: December 4, 2025, 1:49 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 17.5017.5017.5017.5017.5017.5017.5017.5017.5017.5017.5017.5017.50
Reserves 162.04174.4593.01-58.39-299.28-285.60-285.85-235.17-71.78-67.65-9.78-8.60-8.18
Borrowings 264.16244.84203.14247.25242.95242.85242.95192.3433.9628.900.314.062.12
Other Liabilities 193.37360.51183.19123.90104.3878.0063.2655.1857.7458.6732.3424.5524.50
Total Liabilities 637.07797.30496.84330.2665.5552.7537.8629.8537.4237.4240.3737.5135.94
Fixed Assets 83.9580.9119.3713.6816.3012.6110.829.436.335.885.525.426.74
CWIP 0.681.254.585.620.000.000.000.000.000.000.350.000.00
Investments 0.400.403.353.253.253.253.250.000.000.000.000.000.00
Other Assets 552.04714.74469.54307.7146.0036.8923.7920.4231.0931.5434.5032.0929.20
Total Assets 637.07797.30496.84330.2665.5552.7537.8629.8537.4237.4240.3737.5135.94

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -8.8451.4224.97-54.350.55-20.470.140.4837.866.0929.20-3.33
Cash from Investing Activity + -9.26-0.5544.9421.033.9920.47-0.2150.58-0.17-0.53-0.67-0.45
Cash from Financing Activity + 22.65-58.32-71.4633.16-4.35-0.140.06-50.86-37.58-5.16-28.943.69
Net Cash Flow 4.55-7.45-1.55-0.170.19-0.14-0.010.200.110.40-0.42-0.09
Free Cash Flow -23.9041.2167.17-50.922.21-20.60-0.100.3537.625.6328.50-3.81
CFO/OP -6%86%-74%118%50%-746%-57%-25%630%250%811%-185%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-200.79-177.75-238.34-292.98-241.81-240.11-239.31-194.57-27.93-26.413.27-2.52

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 107.92124.45196.36343.32183.14117.93100.0789.6530.8039.7441.4155.53
Inventory Days 89.89102.1829.8538.4876.7394.79207.18180.26255.3772.8874.81101.47
Days Payable 69.35121.7977.72216.81917.49918.37941.23912.13661.23243.69110.58114.61
Cash Conversion Cycle 128.46104.84148.49164.99-657.61-705.65-633.99-642.22-375.06-131.075.6442.39
Working Capital Days 43.4451.5680.84-148.02-2,372.90-2,371.27-3,099.92-3,389.86-485.03-224.601.1410.34
ROCE %14.59%14.76%-8.92%-12.59%0.06%19.63%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 33.38%33.41%33.48%33.51%33.52%33.52%33.55%33.55%33.56%33.56%33.56%33.56%
FIIs 0.00%0.00%0.00%0.00%0.08%0.06%0.00%0.00%0.00%0.16%0.00%0.00%
Government 0.15%0.15%0.15%0.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 66.48%66.44%66.38%66.34%66.40%66.41%66.45%66.44%66.44%66.29%66.44%66.44%
No. of Shareholders 93,78593,6331,06,6261,19,6121,52,7471,51,9511,55,5941,65,0451,65,6301,63,0991,59,8001,57,335

Shareholding Pattern Chart

No. of Shareholders

Prakash Steelage Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 16Mar 15Mar 14
FaceValue 1.0010.0010.00
Basic EPS (Rs.) -5.028.4112.23
Diluted EPS (Rs.) -5.028.4112.23
Cash EPS (Rs.) -4.5814.9016.85
Book Value[Excl.RevalReserv]/Share (Rs.) 6.31112.86105.35
Book Value[Incl.RevalReserv]/Share (Rs.) 6.31112.86105.35
Revenue From Operations / Share (Rs.) 32.26641.81585.96
PBDIT / Share (Rs.) -1.6245.6441.04
PBIT / Share (Rs.) -2.0739.1536.42
PBT / Share (Rs.) -4.9712.6017.24
Net Profit / Share (Rs.) -5.028.4112.23
NP After MI And SOA / Share (Rs.) -5.028.4112.23
PBDIT Margin (%) -5.027.117.00
PBIT Margin (%) -6.416.106.21
PBT Margin (%) -15.401.962.94
Net Profit Margin (%) -15.561.302.08
NP After MI And SOA Margin (%) -15.561.302.08
Return on Networth / Equity (%) -79.547.4411.60
Return on Capital Employeed (%) -20.4927.0627.55
Return On Assets (%) -17.691.833.33
Long Term Debt / Equity (X) 0.240.240.21
Total Debt / Equity (X) 1.841.211.40
Asset Turnover Ratio (%) 0.851.490.00
Current Ratio (X) 1.401.281.33
Quick Ratio (X) 1.250.790.82
Inventory Turnover Ratio (X) 0.531.040.00
Dividend Payout Ratio (NP) (%) 0.005.948.17
Dividend Payout Ratio (CP) (%) 0.003.355.93
Earning Retention Ratio (%) 0.0094.0691.83
Cash Earning Retention Ratio (%) 0.0096.6594.07
Interest Coverage Ratio (X) -0.982.212.03
Interest Coverage Ratio (Post Tax) (X) -1.291.691.56
Enterprise Value (Cr.) 338.86455.72465.19
EV / Net Operating Revenue (X) 0.600.400.45
EV / EBITDA (X) -11.935.716.48
MarketCap / Net Operating Revenue (X) 0.240.200.22
Retention Ratios (%) 0.0094.0591.82
Price / BV (X) 1.271.151.23
Price / Net Operating Revenue (X) 0.240.200.22
EarningsYield -0.620.060.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Prakash Steelage Ltd. is a Public Limited Listed company incorporated on 09/05/1991 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L27106MH1991PLC061595 and registration number is 061595. Currently Company is involved in the business activities of Manufacture of tube and tube fittings of basic iron and steel. Company's Total Operating Revenue is Rs. 76.57 Cr. and Equity Capital is Rs. 17.50 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - Tubes/Pipes101, 1st Floor, Shatrunjay Apartment, Mumbai Maharashtra 400004Contact not found
Management
NamePosition Held
Mr. Prakash C KanugoChairman & Managing Director
Mr. Ashok M SethWholeTime Director & CFO
Mr. Hemant P KanugoWhole Time Director
Mr. Kamal P KanugoWhole Time Director
Mr. Rajesh Kumar AgrawalIndependent Director
Mr. Sundaram PadmanabhanIndependent Director
Mr. Sharad Chandra BohraIndependent Director
Ms. Shweta MundraIndependent Director

FAQ

What is the intrinsic value of Prakash Steelage Ltd and is it undervalued?

As of 12 April 2026, Prakash Steelage Ltd's intrinsic value is ₹1.62, which is 60.10% lower than the current market price of ₹4.06, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (15.6 %), book value (₹0.53), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Prakash Steelage Ltd?

Prakash Steelage Ltd is trading at ₹4.06 as of 12 April 2026, with a FY2026-2027 high of ₹7.45 and low of ₹3.84. The stock is currently near its 52-week low. Market cap stands at ₹71.0 Cr..

How does Prakash Steelage Ltd's P/E ratio compare to its industry?

Prakash Steelage Ltd has a P/E ratio of 67.0, which is above the industry average of 40.74. The premium over industry average may reflect growth expectations or speculative interest.

Is Prakash Steelage Ltd financially healthy?

Key indicators for Prakash Steelage Ltd: ROCE of 19.6 % indicates efficient capital utilization; ROE of 15.6 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Prakash Steelage Ltd profitable and how is the profit trend?

Prakash Steelage Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹77 Cr. Compared to ₹164 Cr in Mar 2022, the net profit shows a declining trend.

Does Prakash Steelage Ltd pay dividends?

Prakash Steelage Ltd has a dividend yield of 0.00 % at the current price of ₹4.06. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Prakash Steelage Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
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