MarketFriction

Prakash Industries Ltd

NSE PRAKASH · BSE 506022 · Iron & Steel
₹118.69 -4.07%
NSE close2026-10-01
52 week range110.24 - 172.90
Market cap₹2,178 Cr.
P/E6.96
Price band 20% Delivery 50.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8898858901,1671,0779268451,0377237999201,032
Expenses7617627671,035946801713899615674777885
Operating Profit128123123132131125132138108124143147
OPM %14%14%14%11%12%13%16%13%15%16%16%14%
Other Income167116677661267
Interest17121012111211111091418
Depreciation383837353636364242424243
Profit before tax898187909084919162849393
Tax %0%0%-2%0%0%0%0%0%0%-3%0%23%
Net Profit898189909084919162879371
EPS in Rs4.994.504.965.055.054.685.075.103.444.855.213.98
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,0532,1742,9353,5882,9743,2163,9293,4443,6784,0143,4793,474
Expenses1,8631,9092,3512,7992,6242,9013,5383,0313,1853,4952,9652,951
Operating Profit190264584788350315391413493520514523
OPM %9%12%20%22%12%10%10%12%13%13%15%15%
Other Income421507881164252930
Interest6975891029474738257464452
Depreciation102103121134145154158152153143168169
Profit before tax238838855311895169190346356331332
Tax %0%8%1%2%0%0%0%0%-1%0%-1%
Net Profit238138653911895169190348355333313
EPS in Rs1.745.8324.6233.026.905.329.4210.6419.4419.8518.6017.48
Dividend Payout %0%0%0%4%0%0%0%0%6%8%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%2%0%-11%
Compounded Profit Growth30%29%21%-12%
Stock Price CAGR11%13%-5%-27%
Return on Equity9%9%10%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital134134139157163171179179179179179179
Reserves2,0712,0032,0822,5792,6902,7332,7202,6332,7752,8453,1403,409
Borrowings913857935818661572557548599362423515
Other Liabilities326368260339426394428552698673743649
Total Liabilities3,4453,3623,4163,8933,9413,8703,8843,9124,2514,0594,4854,753
Fixed Assets1,7331,6351,5782,3772,3573,0132,9762,9393,1182,7203,2743,297
CWIP9449551,141690710171122461724950197
Investments220000000000
Other Assets7657706978258736877869279618431,2111,259
Total Assets3,4453,3623,4163,8933,9413,8703,8843,9124,2514,0594,4854,753
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity232242269476696388159350585601142299
Cash from Investing Activity-109-149-248-480-535-248-129-299-545-320-126-338
Cash from Financing Activity-108-103-1410-169-126-43-59-38-288231
Net Cash Flow15-1077-814-13-82-618-8
Free Cash Flow558742216113926212128209-29-87
CFO/OP63%128%104%90%94%111%50%91%143%123%24%58%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1314131215241661081621
Inventory Days364646504025474445436286
Days Payable142224282527251930271422
Cash Conversion Cycle343835343023383126246484
Working Capital Days-20-31-34-5-5-6131-33-27-330
ROCE %10%3%5%14%19%6%5%7%8%11%11%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters44.24%44.24%44.24%44.24%44.27%44.27%44.27%44.38%44.38%44.38%44.38%44.38%
FIIs6.35%5.90%4.91%4.95%3.95%3.69%3.82%4.28%4.36%4.03%3.89%3.72%
DIIs0.01%0.01%0.09%0.11%0.01%0.02%0.01%0.14%0.01%0.02%0.01%0.04%
Public49.39%49.84%50.75%50.70%51.77%52.02%51.90%51.21%51.24%51.57%51.71%51.87%
No. of Shareholders85,17291,96394,29491,5771,02,4931,02,31699,52496,12195,99796,57293,64991,627

Fundamentals

Market Cap₹ 2,178 Cr.
Current Price₹ 122
Stock P/E6.96
Book Value₹ 200
ROCE9.56 %
ROE9.65 %
Dividend Yield1.48 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-11%
Compounded Profit Growth (TTM)-12%
Standalone figures.
Valuation
Market capRs 2,126 Cr
Enterprise valueRs 2,445 Cr
P/E (TTM)6.79x
Price to book0.59x
Price to sales0.61x
EV / EBITDA4.42x
EV / EBIT6.37x
EV / sales0.70x
Price to cash flow7.11x
Earnings yield14.73%
Dividend yield1.52%
P/E, 3-year average7.51x
P/B, 3-year average0.80x
P/E, 5-year average7.08x
P/B, 5-year average0.64x
Profitability
Operating margin (excl. other income)14.76%
Operating margin (incl. other income)15.60%
EBITDA margin15.92%
Pre-tax margin9.56%
Net profit margin9.01%
Net margin, latest quarter6.91%
ROE9.65%
ROCE9.55%
ROA7.21%
ROE, 3-year average10.83%
ROCE, 3-year average10.83%
ROA, 3-year average7.97%
ROE, 5-year average9.00%
ROCE, 5-year average9.49%
ROA, 5-year average6.58%
ROIC (approx.)9.89%
Tax rate-0.73%
Other income / net worth0.81%
Growth
Sales growth (latest year)-13.34%
Profit growth (latest year)-6.28%
Sales CAGR, 3 years0.34%
Sales CAGR, 5 years1.58%
Profit CAGR, 3 years20.48%
Profit CAGR, 5 years28.43%
Sales growth QoQ12.19%
Profit growth QoQ-23.63%
Sales growth YoY (latest quarter)-0.49%
Profit growth YoY (latest quarter)-22.02%
Per share
EPS (TTM)Rs 17.48
EPS (latest year)Rs 18.60
EPS (latest quarter)Rs 3.98
EPS, 3-year averageRs 19.30
EPS, 5-year averageRs 15.59
Book value per shareRs 200.38
Sales per shareRs 193.97
Cash flow per shareRs 16.70
Free cash flow per shareRs -4.86
Dividend per share (latest year)Rs 1.80
Dividend per share, 3-year averageRs 1.50
Dividend per share, 5-year averageRs 1.50
Dividends
Dividend payout9.67%
Dividend payout, 3-year average7.80%
Dividend payout, 5-year average7.80%
Efficiency
Asset turnover0.73x
Fixed asset turnover1.06x
Inventory turnover4.69x
Inventory days78 days
Debtor days21 days
Debtors turnover17.71x
Creditor days22 days
Cash conversion cycle84 days
Working capital days30 days
Leverage
Total debtRs 515 Cr
Cash and bankRs 195 Cr
Net debtRs 320 Cr
Debt to equity0.14x
Net debt / EBITDA0.58x
Interest coverage7.41x
Current ratio (filing 2026-03-31)1.70x
Quick ratio (filing 2026-03-31)0.98x
Trade payables (filing 2026-03-31)Rs 129 Cr
Owners' fund to total sources75.50%
Debt to assets10.84%
Cash flow
Cash from Operating Activity (latest year)Rs 299 Cr
Cash from Investing Activity (latest year)Rs -338 Cr
Cash from Financing Activity (latest year)Rs 31 Cr
Net Cash Flow (latest year)Rs -8 Cr
Free cash flow (latest year)Rs -87 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years1.42x
Sales to cash flow11.63x
Statement figures
Net sales (TTM)Rs 3,474 Cr
Net sales (latest year)Rs 3,479 Cr
Sales (latest quarter)Rs 1,032 Cr
Operating profit excl. other income (latest year)Rs 514 Cr
Operating profit (latest quarter)Rs 147 Cr
Other income (TTM)Rs 30 Cr
EBITDA (TTM)Rs 553 Cr
PBDT (TTM)Rs 501 Cr
Profit before tax (TTM)Rs 332 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs 313 Cr
Net profit (latest year)Rs 333 Cr
Net profit (latest quarter)Rs 71 Cr
Depreciation (TTM)Rs 169 Cr
Depreciation (latest quarter)Rs 43 Cr
Interest (TTM)Rs 52 Cr
Cost of goods sold (latest year)Rs 2,334 Cr
Total expenditure (latest year)Rs 2,965 Cr
Total income (latest year)Rs 3,508 Cr
Share capitalRs 179 Cr
ReservesRs 3,409 Cr
Shareholders' fundsRs 3,588 Cr
Total assetsRs 4,753 Cr
Net blockRs 3,297 Cr
Capital work in progressRs 197 Cr
ReceivablesRs 196 Cr
InventoryRs 498 Cr
Other liabilitiesRs 649 Cr
Shares outstanding (crore)17.91
Ownership
Promoter holding44.38% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 6.8 is at the 36th percentile of its own 9.4-year range (median 7.9, low 0.7, high 47.0).
P/B 0.59 is at the 49th percentile (median 0.59).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPRAKASHNifty 50Difference
1 week+0.9%-2.8% +3.6 pts
1 month-6.0%-6.8% +0.8 pts
3 months-13.9%-7.6% -6.3 pts
6 months+6.8%+0.4% +6.3 pts
1 year-31.4%-9.9% -21.5 pts
2 years-34.1%-13.6% -20.5 pts
3 years-16.8%+14.2% -31.0 pts
5 years+65.3%+27.9% +37.4 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.01%0 -0%

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,032 Cr -0.5% vs Jun 2025. Net profit ₹71 Cr -22.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-16Dividend - Rs 1.80 Per Share
2025-09-17Dividend - Rs 1.50 Per Share
2024-09-17Dividend - Rs 1.20 Per Share
2023-09-18Annual General Meeting
2022-09-16Annual General Meeting
2021-07-19 Annual General Meeting
2020-09-21 Annual General Meeting
2019-09-20 Dividend - Rs 1.20 Per Share
2019-04-23 Demerger
2018-07-20 Annual General Meeting
2017-07-20 Annual General Meeting
2016-09-23 Annual General Meeting
2015-09-18 Annual General Meeting
2014-08-22Annual General Meeting / Dividend - Re 1/- Per Share
2013-09-20Annual General Meeting/Dividend Re 1/- Per Share
2012-09-21Annual General Meeting/Dividend Re 1 Per Share
2011-09-23Dividend Re 1 Per Share
2010-08-09Annual General Meeting
2009-07-24Annual General Meeting
2008-09-19Annual General Meeting
2007-08-29Agm
2006-07-14Agm
DateTypeWhat it says
2026-10-01Shareholder meetingPrakash Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-11Press ReleaseA press release dated September 11, 2026, titled "Consent to Operate (CTO) for Expansion of Bhaskarpara Coal Mine production capacity from 1.0 MTPA to...
2026-09-07Record DateRecord date for the purpose of Dividend is 16-Sep-2026.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-08-11Board meeting outcomeThe appointment of Senior Management Personnel of the Company
2026-08-11Board meeting outcomeThe appointment of Statutory Auditor
2026-08-11Press ReleaseA press release dated August 11, 2026, titled "Press Release".
2026-08-11Board meeting outcomePrakash Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-15Structural Digital DatabaseStructural Digital Database
2026-06-13Press ReleaseA press release dated Jun 13, 2026, titled "Press Release".
2026-06-12Disclosure under SEBI TakeovVikram Agarwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
2026-05-22Press ReleaseA press release dated May 22, 2026, titled "Press Release".
2026-05-22DividendBoard of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs. 1.80 per equity share.
2026-05-22Board meeting outcomePrakash Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-20Structural Digital DatabaseStructural Digital Database Certificate
2026-02-14Press ReleaseA press release dated February 14, 2026, titled "Press Release".
2026-02-14Board meeting outcomePrakash Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-12Credit RatingCredit Rating
2026-01-20Structural Digital DatabaseStructural Digital Database
2026-01-17Disclosure of material issuePrakash Industries Limited has informed regarding Disclosure of material issue
2026-01-08Disclosure of material issuePrakash Industries Limited has informed regarding Disclosure of material issue i.e. Order of the Hon ble Supreme Court of India in the Syndicate Bank ...
2025-12-18Board meeting outcomeBoard meeting held on December 18, 2025.
2025-12-18Board meeting outcomeOutcome of Board Meeting held on December 18, 2025.
2025-11-14Change in ManagementChange in Management
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Trade dateShares sold short
2026-09-301
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-02-26NCLTM/s Thermosystems Pvt. Ltd. Vs M/s Prakash Industries Ltd
2021-01-20NCLTSaikruthi Minmet (India) Pvt. Ltd Vs Prakash Industries ltd.
2020-12-07NCLTSaikruthi Minmet (India) Pvt. Ltd Vs Prakash Industries ltd.
2020-01-21CESTATRAIPUR ---VS.--- PRAKASH INDUSTRIES LTD&ORS
2019-11-21CESTATRAIPUR ---VS.--- PRAKASH INDUSTRIES LTD&ORS
2019-10-23CESTATRAIPUR ---VS.--- PRAKASH INDUSTRIES LTD&ORS
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Prakash Industries Ltd?

Prakash Industries Ltd (PRAKASH) has a market capitalisation of Rs 2,178 Cr. at the 2026-10-01 close.

What is the P/E ratio of Prakash Industries Ltd?

Prakash Industries Ltd trades at a P/E of 6.96 on trailing twelve-month profit, at the 2026-10-01 close.

What were Prakash Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Prakash Industries Ltd sales was Rs 1,032 Cr (-0.5% vs Jun 2025) and net profit was Rs 71 Cr.

What is the 52-week high and low of Prakash Industries Ltd?

The 52-week high is Rs 172.90 and the 52-week low is Rs 110.24.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03