Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 25.14 | 25.86 | 25.73 | 16.77 | 19.25 | 19.24 | 21.31 | 16.43 | 25.06 | 24.45 | 24.81 | 16.81 |
| Expenses | 24.10 | 24.58 | 25.68 | 17.34 | 19.05 | 18.02 | 20.62 | 15.98 | 24.76 | 23.77 | 24.50 | 16.37 |
| Operating Profit | 1.04 | 1.28 | 0.05 | -0.57 | 0.20 | 1.22 | 0.69 | 0.45 | 0.30 | 0.68 | 0.31 | 0.44 |
| OPM % | 4.14% | 4.95% | 0.19% | -3.40% | 1.04% | 6.34% | 3.24% | 2.74% | 1.20% | 2.78% | 1.25% | 2.62% |
| Other Income | 0.03 | 0.05 | 35.59 | 0.92 | 0.46 | 0.04 | 0.04 | 0.18 | 0.05 | 0.01 | 0.12 | 0.01 |
| Interest | 0.06 | 0.07 | 0.03 | 0.01 | 0.02 | 0.07 | 0.00 | 0.02 | 0.01 | 0.02 | 0.02 | 0.03 |
| Depreciation | 0.21 | 0.22 | 0.23 | 0.20 | 0.23 | 0.25 | 0.25 | 0.21 | 0.22 | 0.23 | 0.23 | 0.20 |
| Profit before tax | 0.80 | 1.04 | 35.38 | 0.14 | 0.41 | 0.94 | 0.48 | 0.40 | 0.12 | 0.44 | 0.18 | 0.22 |
| Tax % | 0.00% | 2.88% | 0.90% | 35.71% | 34.15% | 28.72% | 47.92% | 5.00% | 25.00% | 25.00% | 83.33% | 22.73% |
| Net Profit | 0.80 | 1.01 | 35.06 | 0.08 | 0.28 | 0.68 | 0.26 | 0.38 | 0.09 | 0.33 | 0.04 | 0.16 |
| EPS in Rs | 0.05 | 0.06 | 2.00 | 0.00 | 0.02 | 0.04 | 0.01 | 0.02 | 0.01 | 0.02 | 0.00 | 0.01 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 555.12 | 145.14 | 45.64 | 42.99 | 32.50 | 24.47 | 46.22 | 94.97 | 105.77 | 76.57 | 90.75 | 91.13 |
| Expenses | 590.32 | 190.87 | 44.50 | 40.25 | 28.86 | 26.70 | 40.19 | 92.48 | 102.19 | 75.03 | 89.00 | 89.40 |
| Operating Profit | -35.20 | -45.73 | 1.14 | 2.74 | 3.64 | -2.23 | 6.03 | 2.49 | 3.58 | 1.54 | 1.75 | 1.73 |
| OPM % | -6.34% | -31.51% | 2.50% | 6.37% | 11.20% | -9.11% | 13.05% | 2.62% | 3.38% | 2.01% | 1.93% | 1.90% |
| Other Income | -8.84 | -91.35 | -246.53 | 13.45 | -2.41 | 48.27 | 161.10 | 1.60 | 55.77 | 1.45 | 0.35 | 0.19 |
| Interest | 28.68 | 11.06 | 0.05 | 0.03 | 0.05 | 0.22 | 3.16 | 0.09 | 0.19 | 0.10 | 0.07 | 0.08 |
| Depreciation | 7.82 | 3.32 | 2.83 | 2.36 | 2.02 | 1.52 | 0.94 | 0.91 | 0.86 | 0.93 | 0.89 | 0.88 |
| Profit before tax | -80.54 | -151.46 | -248.27 | 13.80 | -0.84 | 44.30 | 163.03 | 3.09 | 58.30 | 1.96 | 1.14 | 0.96 |
| Tax % | 1.13% | 0.06% | -3.02% | 0.36% | -71.43% | -14.58% | -0.29% | -34.30% | 0.72% | 34.18% | 27.19% | |
| Net Profit | -81.44 | -151.56 | -240.76 | 13.74 | -0.24 | 50.76 | 163.50 | 4.15 | 57.89 | 1.30 | 0.84 | 0.62 |
| EPS in Rs | -4.65 | -8.66 | -13.76 | 0.79 | -0.01 | 2.90 | 9.34 | 0.24 | 3.31 | 0.07 | 0.05 | 0.04 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -17% | 30% | -2% | 20% | ||
| Compounded Profit Growth | 7% | -24% | -41% | -61% | ||
| Stock Price CAGR | 8% | 12% | -14% | -34% | ||
| Return on Equity | % | % | % | 9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 174.45 | 93.01 | -58.39 | -299.28 | -285.60 | -285.85 | -235.17 | -71.78 | -67.65 | -9.78 | -8.60 | -7.77 |
| Borrowings | 244.84 | 203.14 | 247.25 | 242.95 | 242.85 | 242.95 | 192.34 | 33.96 | 28.90 | 0.31 | 4.06 | 0.45 |
| Other Liabilities | 360.51 | 183.19 | 123.90 | 104.38 | 78.00 | 63.26 | 55.18 | 57.74 | 58.67 | 32.34 | 24.55 | 34.31 |
| Total Liabilities | 797.30 | 496.84 | 330.26 | 65.55 | 52.75 | 37.86 | 29.85 | 37.42 | 37.42 | 40.37 | 37.51 | 44.49 |
| Fixed Assets | 80.91 | 19.37 | 13.68 | 16.30 | 12.61 | 10.82 | 9.43 | 6.33 | 5.88 | 5.52 | 5.42 | 7.20 |
| CWIP | 1.25 | 4.58 | 5.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.00 | 0.00 |
| Investments | 0.40 | 3.35 | 3.25 | 3.25 | 3.25 | 3.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 714.74 | 469.54 | 307.71 | 46.00 | 36.89 | 23.79 | 20.42 | 31.09 | 31.54 | 34.50 | 32.09 | 37.29 |
| Total Assets | 797.30 | 496.84 | 330.26 | 65.55 | 52.75 | 37.86 | 29.85 | 37.42 | 37.42 | 40.37 | 37.51 | 44.49 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 51.42 | 24.97 | -54.35 | 0.55 | -20.47 | 0.14 | 0.48 | 37.86 | 6.09 | 29.20 | -3.33 | 6.61 |
| Cash from Investing Activity | -0.55 | 44.94 | 21.03 | 3.99 | 20.47 | -0.21 | 50.58 | -0.17 | -0.53 | -0.67 | -0.45 | -2.89 |
| Cash from Financing Activity | -58.32 | -71.46 | 33.16 | -4.35 | -0.14 | 0.06 | -50.86 | -37.58 | -5.16 | -28.94 | 3.69 | -3.66 |
| Net Cash Flow | -7.45 | -1.55 | -0.17 | 0.19 | -0.14 | -0.01 | 0.20 | 0.11 | 0.40 | -0.42 | -0.09 | 0.06 |
| Free Cash Flow | 41.21 | 67.17 | -50.92 | 2.21 | -20.60 | -0.10 | 0.35 | 37.62 | 5.63 | 28.50 | -3.81 | 3.61 |
| CFO/OP | 86% | -74% | 118% | 50% | -746% | -57% | -25% | 630% | 250% | 811% | -185% | 415% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 124.45 | 196.36 | 343.32 | 183.14 | 117.93 | 100.07 | 89.65 | 30.80 | 39.74 | 41.41 | 55.53 | 69.86 |
| Inventory Days | 102.18 | 29.85 | 38.48 | 76.73 | 94.79 | 207.18 | 180.26 | 255.37 | 72.88 | 74.81 | 101.47 | 78.88 |
| Days Payable | 121.79 | 77.72 | 216.81 | 917.49 | 918.37 | 941.23 | 912.13 | 661.23 | 243.69 | 110.58 | 114.61 | 135.71 |
| Cash Conversion Cycle | 104.84 | 148.49 | 164.99 | -657.61 | -705.65 | -633.99 | -642.22 | -375.06 | -131.07 | 5.64 | 42.39 | 13.03 |
| Working Capital Days | 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 | 6.07 |
| ROCE % | 14.76% | -8.92% | -12.59% | 0.06% | 19.63% | 10.54% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 33.48% | 33.51% | 33.52% | 33.52% | 33.55% | 33.55% | 33.56% | 33.56% | 33.56% | 33.56% | 33.56% | 33.56% |
| FIIs | 0.00% | 0.00% | 0.08% | 0.06% | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
| Government | 0.15% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 66.38% | 66.34% | 66.40% | 66.41% | 66.45% | 66.44% | 66.44% | 66.29% | 66.44% | 66.44% | 66.45% | 66.46% |
| No. of Shareholders | 1,06,626 | 1,19,612 | 1,52,747 | 1,51,951 | 1,55,594 | 1,65,045 | 1,65,630 | 1,63,099 | 1,59,800 | 1,57,335 | 1,53,992 | 1,51,327 |
Fundamentals
Market Cap₹ 62.8 Cr.
Current Price₹ 3.59
Stock P/E101
Book Value₹ 0.56
ROCE10.5 %
ROE9.13 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)-61%
Standalone figures.
Valuation
Market capRs 62 Cr
Enterprise valueRs 62 Cr
P/E (TTM)100.48x
Price to book6.40x
Price to sales0.68x
EV / EBITDA32.29x
EV / EBIT59.62x
EV / sales0.68x
Price to cash flow9.43x
Earnings yield1.00%
P/E, 3-year average57.63x
P/B, 3-year average12.43x
P/E, 5-year average38.02x
P/B, 5-year average6.85x
Profitability
Operating margin (excl. other income)1.93%
Operating margin (incl. other income)2.31%
EBITDA margin2.11%
Pre-tax margin1.05%
Net profit margin0.68%
Net margin, latest quarter0.95%
ROE9.02%
ROCE10.46%
ROA2.05%
ROE, 3-year average-82.74%
ROCE, 3-year average15.04%
ROA, 3-year average51.41%
ROE, 5-year average-75.28%
ROCE, 5-year average15.04%
ROA, 5-year average130.28%
ROIC (approx.)8.03%
Tax rate27.19%
Other income / net worth3.60%
Growth
Sales growth (latest year)18.52%
Profit growth (latest year)-35.38%
Sales CAGR, 3 years-1.50%
Sales CAGR, 5 years29.97%
Profit CAGR, 3 years-41.29%
Profit CAGR, 5 years-55.97%
Sales growth QoQ-32.25%
Profit growth QoQ300.00%
Sales growth YoY (latest quarter)2.31%
Profit growth YoY (latest quarter)-57.89%
Per share
EPS (TTM)Rs 0.04
EPS (latest year)Rs 0.05
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs 1.14
EPS, 5-year averageRs 2.60
Book value per shareRs 0.56
Sales per shareRs 5.21
Cash flow per shareRs 0.38
Free cash flow per shareRs 0.21
Efficiency
Asset turnover2.04x
Fixed asset turnover12.60x
Inventory turnover5.15x
Inventory days71 days
Debtor days70 days
Debtors turnover5.22x
Creditor days136 days
Cash conversion cycle13 days
Working capital days6 days
Leverage
Total debtRs 0 Cr
Cash and bankRs 1 Cr
Net debtRs -0 Cr
Debt to equity0.05x
Net debt / EBITDA-0.16x
Interest coverage13.00x
Owners' fund to total sources21.87%
Debt to assets1.01%
Cash flow
Cash from Operating Activity (latest year)Rs 7 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years0.34x
Sales to cash flow13.73x
Statement figures
Net sales (TTM)Rs 91 Cr
Net sales (latest year)Rs 91 Cr
Sales (latest quarter)Rs 17 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 80 Cr
Total expenditure (latest year)Rs 89 Cr
Total income (latest year)Rs 91 Cr
Share capitalRs 18 Cr
ReservesRs -8 Cr
Shareholders' fundsRs 10 Cr
Total assetsRs 44 Cr
Net blockRs 7 Cr
ReceivablesRs 17 Cr
InventoryRs 16 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)17.50
Ownership
Promoter holding33.56% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 100.5 is at the 96th percentile of its own 6.4-year range
(median 2.5, low 0.2, high 109.0).
P/B 6.40 is the lowest in 2.4 years (median 11.31).
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.
| Period | PRAKASHSTL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.3% | -2.8% | -0.5 pts |
| 1 month | -8.0% | -6.8% | -1.2 pts |
| 3 months | -17.6% | -7.6% | -10.0 pts |
| 6 months | -11.0% | +0.4% | -11.4 pts |
| 1 year | -36.4% | -9.9% | -26.5 pts |
| 2 years | -60.6% | -13.6% | -47.1 pts |
| 3 years | -36.4% | +14.2% | -50.6 pts |
| 5 years | +73.7% | +27.9% | +45.8 pts |
Red flags
F-score 5 of 8| explain | Receivables outrunning sales Receivables grew 49% vs sales +19% in 2026 |
| look | On NSE surveillance On NSE surveillance: GSM |
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 2026Sales ₹17 Cr +2.3% vs Jun 2025.
Net profit ₹0 Cr -57.9%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Welspun Corp Ltd | 74,969 | 32.5 | 22.9 % |
| APL Apollo Tubes Ltd | 60,768 | 49.4 | 31.8 % |
| Shyam Metalics & Energy Ltd | 29,979 | 26.7 | 13.0 % |
| Ratnamani Metals & Tubes Ltd | 19,859 | 45.3 | 17.9 % |
| Jindal Saw Ltd | 17,759 | 27.2 | 10.4 % |
| Usha Martin Ltd | 15,204 | 27.9 | 19.5 % |
| Godawari Power & Ispat Ltd | 14,902 | 18.2 | 20.5 % |
| Gallantt Ispat Ltd. | 13,007 | 29.8 | 18.2 % |
| Maharashtra Seamless Ltd | 9,672 | 13.1 | 14.3 % |
| Jayaswal Neco Industries Ltd | 8,997 | 15.7 | 20.7 % |
| Sunflag Iron & Steel Company Ltd | 8,368 | 39.4 | 4.07 % |
| Man Industries (India) Ltd | 7,198 | 35.2 | 16.2 % |
| Aeroflex Industries Ltd | 7,141 | 106 | 18.9 % |
| Technocraft Industries (India) Ltd | 6,635 | 19.5 | 16.3 % |
| Shivalik Bimetal Controls Ltd | 6,402 | 60.1 | 26.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-20 | Annual General Meeting | |
| 2023-09-20 | Annual General Meeting | |
| 2022-09-21 | Annual General Meeting | |
| 2021-09-20 | Annual General Meeting | |
| 2020-12-15 | Annual General Meeting | |
| 2019-09-16 | Annual General Meeting | |
| 2018-09-19 | Annual General Meeting | |
| 2017-09-21 | Annual General Meeting | |
| 2016-09-22 | Annual General Meeting | |
| 2016-03-03 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2015-09-21 | Annual General Meeting/Dividend Re 0.50 Per Share | |
| 2014-09-11 | Annual General Meeting And Dividend Re.1/- Per Share | |
| 2013-08-07 | Annual General Meeting / Dividend - Re 1/- Per Share | |
| 2012-08-07 | Annual General Meeting And Dividend - Re.1/- Per Share | |
| 2011-08-08 | Dividend-Rs.1/- Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2021-01-11 | NCLT | E Complex Pvt LTd Vs Prakash Steelage LTd |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
GSMScrip PE is greater than 50 (4 trailing quarters)