Prakash Steelage Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 20, 2025, 9:21 pm

Market Cap	107 Cr.
Current Price	6.11
High / Low	11.1/5.42
Stock P/E	82.2
Book Value	0.51
Dividend Yield	0.00 %
ROCE	19.6 %
ROE	15.6 %
Face Value	1.00
PEG Ratio	-1.57

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Prakash Steelage Ltd

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	18.6 Cr.	15.7	26.0/12.3		5.91	0.00 %	%	%	5.00
Hariom Pipe Industries Ltd	1,189 Cr.	384	889/301	19.3	185	0.16 %	14.1 %	11.9 %	10.0
Earthstahl & Alloys Ltd	31.8 Cr.	26.0	49.5/0.00	60.0	30.6	0.00 %	3.58 %	1.43 %	10.0
Crimson Metal Engineering Company Ltd	4.57 Cr.	10.3	10.3/9.38	35.2	12.6	0.00 %	8.11 %	2.35 %	10.0
Welspun Corp Ltd	24,105 Cr.	915	995/505	16.0	284	0.55 %	25.6 %	23.1 %	5.00
Industry Average	9,858.38 Cr	558.35		37.96	153.57	0.36%	16.09%	12.28%	4.69

All Competitor Stocks of Prakash Steelage Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	16.01	16.72	19.57	27.32	31.37	29.04	25.14	25.86	25.73	16.77	19.25	19.24	21.31
Expenses	14.27	16.08	18.83	25.31	32.26	27.83	24.10	24.58	25.68	17.34	19.05	18.02	20.62
Operating Profit	1.74	0.64	0.74	2.01	-0.89	1.21	1.04	1.28	0.05	-0.57	0.20	1.22	0.69
OPM %	10.87%	3.83%	3.78%	7.36%	-2.84%	4.17%	4.14%	4.95%	0.19%	-3.40%	1.04%	6.34%	3.24%
Other Income	124.00	1.49	0.04	0.00	0.06	20.12	0.03	0.05	35.59	0.92	0.46	0.04	0.04
Interest	2.49	0.02	0.05	0.10	-0.09	0.04	0.06	0.07	0.03	0.01	0.02	0.07	0.00
Depreciation	0.24	0.22	0.22	0.24	0.23	0.20	0.21	0.22	0.23	0.20	0.23	0.25	0.25
Profit before tax	123.01	1.89	0.51	1.67	-0.97	21.09	0.80	1.04	35.38	0.14	0.41	0.94	0.48
Tax %	-0.39%	0.00%	0.00%	0.00%	-109.28%	0.28%	0.00%	2.88%	0.90%	35.71%	34.15%	28.72%	47.92%
Net Profit	123.49	1.89	0.50	1.67	0.08	21.02	0.80	1.01	35.06	0.08	0.28	0.68	0.26
EPS in Rs	7.06	0.11	0.03	0.10	0.00	1.20	0.05	0.06	2.00	0.00	0.02	0.04	0.01

Last Updated: May 31, 2025, 8:04 am

Below is a detailed analysis of the quarterly data for Prakash Steelage Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 21.31 Cr.. The value appears strong and on an upward trend. It has increased from 19.24 Cr. (Dec 2024) to 21.31 Cr., marking an increase of 2.07 Cr..
For Expenses, as of Mar 2025, the value is 20.62 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 18.02 Cr. (Dec 2024) to 20.62 Cr., marking an increase of 2.60 Cr..
For Operating Profit, as of Mar 2025, the value is 0.69 Cr.. The value appears to be declining and may need further review. It has decreased from 1.22 Cr. (Dec 2024) to 0.69 Cr., marking a decrease of 0.53 Cr..
For OPM %, as of Mar 2025, the value is 3.24%. The value appears to be declining and may need further review. It has decreased from 6.34% (Dec 2024) to 3.24%, marking a decrease of 3.10%.
For Other Income, as of Mar 2025, the value is 0.04 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.04 Cr..
For Interest, as of Mar 2025, the value is 0.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.07 Cr. (Dec 2024) to 0.00 Cr., marking a decrease of 0.07 Cr..
For Depreciation, as of Mar 2025, the value is 0.25 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.25 Cr..
For Profit before tax, as of Mar 2025, the value is 0.48 Cr.. The value appears to be declining and may need further review. It has decreased from 0.94 Cr. (Dec 2024) to 0.48 Cr., marking a decrease of 0.46 Cr..
For Tax %, as of Mar 2025, the value is 47.92%. The value appears to be increasing, which may not be favorable. It has increased from 28.72% (Dec 2024) to 47.92%, marking an increase of 19.20%.
For Net Profit, as of Mar 2025, the value is 0.26 Cr.. The value appears to be declining and may need further review. It has decreased from 0.68 Cr. (Dec 2024) to 0.26 Cr., marking a decrease of 0.42 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.01. The value appears to be declining and may need further review. It has decreased from 0.04 (Dec 2024) to 0.01, marking a decrease of 0.03.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:25 pm

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
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
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
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
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%
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
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
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
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
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
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
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

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:	-28%

Compounded Profit Growth
10 Years:	-23%
5 Years:	-15%
3 Years:	-69%
TTM:	-94%

Stock Price CAGR
10 Years:	-6%
5 Years:	31%
3 Years:	7%
1 Year:	-31%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	16%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:31 am

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	32.33	24.56
Total Liabilities	637.07	797.30	496.84	330.26	65.55	52.75	37.86	29.85	37.42	37.42	40.36	37.52
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	34.49	32.10
Total Assets	637.07	797.30	496.84	330.26	65.55	52.75	37.86	29.85	37.42	37.42	40.36	37.52

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 24.56 Cr.. The value appears to be improving (decreasing). It has decreased from 32.33 Cr. (Mar 2024) to 24.56 Cr., marking a decrease of 7.77 Cr..
For Total Liabilities, as of Mar 2025, the value is 37.52 Cr.. The value appears to be improving (decreasing). It has decreased from 40.36 Cr. (Mar 2024) to 37.52 Cr., marking a decrease of 2.84 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 32.10 Cr.. The value appears to be declining and may need further review. It has decreased from 34.49 Cr. (Mar 2024) to 32.10 Cr., marking a decrease of 2.39 Cr..
For Total Assets, as of Mar 2025, the value is 37.52 Cr.. The value appears to be declining and may need further review. It has decreased from 40.36 Cr. (Mar 2024) to 37.52 Cr., marking a decrease of 2.84 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.

Reserves and Borrowings Chart

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
Cash from Operating Activity +	-8.84	51.42	24.97	-54.35	0.55	-20.47	0.14	0.48	37.86	6.09	29.20	-3.33
Cash from Investing Activity +	-9.26	-0.55	44.94	21.03	3.99	20.47	-0.21	50.58	-0.17	-0.53	-0.67	-0.45
Cash from Financing Activity +	22.65	-58.32	-71.46	33.16	-4.35	-0.14	0.06	-50.86	-37.58	-5.16	-28.94	3.69
Net Cash Flow	4.55	-7.45	-1.55	-0.17	0.19	-0.14	-0.01	0.20	0.11	0.40	-0.42	-0.09

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	93	108	124	196	343	183	118	100	90	31	40	41
Inventory Days	99	90	102	30	38	77	95	207	180	255	73	75
Days Payable	71	69	122	78	217	917	918	941	912	661	244	111
Cash Conversion Cycle	121	128	105	148	165	-658	-706	-634	-642	-375	-131	6
Working Capital Days	121	128	116	197	474	-430	-309	-371	-521	-217	-114	2
ROCE %	14%	15%	15%	-9%	-13%	0%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	48.18%	39.42%	33.10%	33.10%	33.09%	33.30%	33.38%	33.41%	33.48%	33.51%	33.52%	33.52%
FIIs	2.18%	2.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.06%
Government	0.02%	0.07%	0.07%	0.07%	0.07%	0.15%	0.15%	0.15%	0.15%	0.15%	0.00%	0.00%
Public	49.61%	58.33%	66.84%	66.84%	66.83%	66.56%	66.48%	66.44%	66.38%	66.34%	66.40%	66.41%
No. of Shareholders	22,853	53,830	85,384	95,313	1,00,139	96,979	93,785	93,633	1,06,626	1,19,612	1,52,747	1,51,951

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Prakash Steelage Ltd as of June 20, 2025 is: 5.34

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 20, 2025, Prakash Steelage Ltd is Overvalued by 12.60% compared to the current share price 6.11

Intrinsic Value of Prakash Steelage Ltd as of June 20, 2025 is: 2.54

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 20, 2025, Prakash Steelage Ltd is Overvalued by 58.43% compared to the current share price 6.11

Last 5 Year EPS CAGR: -52.52%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -77.00, which is a positive sign. The stock has a low average Cash Conversion Cycle of -206.08, which is a positive sign.	The stock has a low average ROCE of 1.83%, which may not be favorable. The company has higher borrowings (162.31) compared to reserves (-74.38), which may suggest financial risk. The company has not shown consistent growth in sales (176.22) and profit (-12.49).

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:
1. 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.
2. ROCE: -20.49% (Industry Average ROCE: 15.08%)
  - 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.
3. ROE%: -79.54% (Industry Average ROE: 11.52%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. 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.
5. 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.
6. Stock P/E: 82.2 (Industry average Stock P/E: 35.59)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

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.

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 20 June 2025) is ₹5.34 — 12.60% lower the current market price of 6.11, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 107 Cr. market cap, FY2025-2026 high/low of ₹11.1/5.42, reserves of -8.60 Cr, and liabilities of 37.52 Cr.

What is the Market Cap of Prakash Steelage Ltd?

The Market Cap of Prakash Steelage Ltd is 107 Cr..

What is the current Stock Price of Prakash Steelage Ltd as on 20 June 2025?

The current stock price of Prakash Steelage Ltd as on 20 June 2025 is 6.11.

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 ₹11.1/5.42.

What is the Stock P/E of Prakash Steelage Ltd?

The Stock P/E of Prakash Steelage Ltd is 82.2.

What is the Book Value of Prakash Steelage Ltd?

The Book Value of Prakash Steelage Ltd is 0.51.

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.