PRAKASHCommodities

Prakash Industries Limited

Iron & Steel · ISIN INE603A01013 · BSE 506022 · NSE EQ · FV ₹10
Last price
₹117
-1.27%today
What this company does

Prakash Industries Limited operates in Iron & Steel, part of the Commodities sector. It booked ₹1,032 cr of revenue in its latest quarter (Q1 FY27) and kept 6.9% of sales as profit.

In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 25–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
34

At close. Not part of the score.

Profitability & returns44

How much profit it earns on the money it employs

Balance sheet58

How much it owes, and whether earnings cover the interest

Cash quality50

Whether reported profit actually arrives as cash

Growth & consistency72

Whether sales and profit have grown, and how steadily

Valuation83

What today's price implies, against our models or its peers

Governance & risk78

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 44%
Turns profit into real cash
Watch-outs
! Thin 6.9% net margin
! Profit down 22% vs last year
! 8.7% of promoter stake pledged
! Low 7.9% return on equity

What if I invest in PRAKASH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹117 -1.27%
latest close · 2026-09-17
1-year return
+79.4%
52-wk low ₹4552-wk high ₹147
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.3Low
LowAverageHigh
P/B ratio0.58Below book
Below bookModerateHigh
EV / EBITDA4.2Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.9%Weak
WeakFairStrong ▸15%
Return on capital10.9%Fair
WeakFairStrong
Net margin6.9%Decent
ThinDecentStrong
EBITDA margin14.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover6.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.70Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,095 cr
Book value
₹200
EPS
₹3.98
latest quarter
Net debt
₹499 cr
owes more than its cash
Enterprise value
₹2,594 cr
EBITDA
₹616 cr
annualised
EBIT
₹445 cr
annualised
Operating margin
10.8%
Return on assets
6.0%
Earnings yield
13.61%
P/S
0.51
Sales / share
₹230.5
Tax rate
23.2%
Face value
₹0
Shares
17.9 cr
Working capital
₹486 cr
Current assets
₹1,176 cr
Current liabilities
₹690 cr
Delivery %
55.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about 11% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹130₹361, midpoint ₹246

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,032 cr
Other Income₹7 cr
Total Income₹1,039 cr
Cost of Materials₹599 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹80 cr
Finance Costs₹18 cr
Depreciation & Amortisation₹43 cr
Other Expenses₹212 cr
Total Expenses₹946 cr
Profit before Tax₹93 cr
Tax Expense₹21 cr
Net Profit₹71 cr
Net margin on total income6.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹593 cr57.1%
Employee benefit expense₹80 cr7.7%
Finance costs₹18 cr1.8%
Depreciation & amortisation₹43 cr4.1%
Other expenses₹212 cr20.4%
Tax expense₹21 cr2.1%
Profit for the period₹71 cr6.9%
Total income ₹1,039 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue799 cr920 cr1,032 cr
Total income810 cr926 cr1,039 cr
Expenses726 cr833 cr946 cr
Profit before tax84 cr93 cr93 cr
Tax-2 cr0 cr21 cr
Net profit (owners' share)87 cr93 cr71 cr
Net margin (owners' share, on revenue)10.9%10.1%6.9%
EPS (₹)4.855.213.98
YoY (latest quarter): total income -0.4% · net profit -22.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,753 cr
Shareholder equity
₹3,588 cr
parent shareholders
Total debt
₹514 cr
Cash
₹14 cr
Cash flow · H1 FY26
Operating
₹201 cr
Investing
₹-106 cr
Financing
₹-95 cr
Peer comparison
Iron & Steel · by market value
CompanyPriceMarket capP/E
JSW Steel Limited₹1,253₹3.06 L cr16.4
Tata Steel Limited₹187₹2.34 L cr25.2
JINDAL STEEL LIMITED₹1,128₹1.15 L cr34.0
Steel Authority of India Limited₹175₹72,288 cr11.0
Jindal Stainless Limited₹724₹59,702 cr19.4
Sarda Energy & Minerals Limited₹507₹17,865 cr9.7
Vedanta Iron and Steel Limited₹32₹12,442 cr27.4
NMDC Steel Limited₹42₹12,203 cr54.8
Sandur Manganese & Iron Ores Limited₹183₹8,873 cr9.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.54%
trailing 12 months
Dividend / share (TTM)
₹1.8
Last dividend
₹1.8
ex 16 Sep 2026
ActionDetailEx-date
Dividend₹1.8 / share16 Sep 2026
Dividend₹1.5 / share17 Sep 2025
Dividend₹1.2 / share17 Sep 2024
Dividend₹1.2 / share20 Sep 2019
Dividend₹1 / share22 Aug 2014
Dividend₹1 / share20 Sep 2013
Who owns it · 2026-06-30
8.7% pledged
Promoter
44.4%
FII / Foreign
3.7%
DII / Domestic
0.0%
Retail / others
51.9%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtVED PRAKASH AGARWAL · Promoters75.00 L · ₹33.1 cr22 Mar 21
BoughtVED PRAKASH AGARWAL · Promoters20,000 · ₹13.9 L22 Mar 21
BoughtVED PRAKASH AGARWAL · Promoters20,000 · ₹14.3 L17 Mar 21
Bulk / block deals
short · NSE218 Aug 26
short · NSE112 Aug 26
short · NSE55424 Apr 26
Stake changes
BoughtVed Prakash Agarwal · promoter→ 12.48% · 12,00026 Jun 25
BoughtVed Prakash Agarwal · promoter→ 12.47% · 12,00025 Jun 25
BoughtVed Prakash Agarwal · promoter→ 12.46% · 12,00016 Jun 25
Promoter pledges
ReleasedVirtue Financial Services Ltd3.00 L · 0.45% held4 Jul 26
ReleasedVirtue Financial Services Ltd4.07 L · 0.23% held4 Jul 26
ReleasedVirtue Financial Services Ltd11.54 L · 0.86% held4 Jul 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
To receive, consider and adopt Audited Financial Statements, Reports of the Board of Directors and Auditors thereon as at 31st March, 2025
⚑ Passed only because promoters voted yes
Backed by 13% of shareholders other than promotersneeded 50%
8.65 L votes for, 60.26 L against
2
To approve payment of dividend of ₹ 1.50 per equity shares of Face Value of ₹ 10 each (i.e. 15%) for the Financial Year ended on 31st March, 2025
Backed by 100% of shareholders other than promotersneeded 50%
69.77 L votes for, 19,410 against
3
To appoint of Shri Vikram Agarwal (DIN : 00054125), who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director
Promoters had a personal stake in this
Backed by 91% of shareholders other than promotersneeded 50%
63.45 L votes for, 6.52 L against
4
To Ratify the remuneration of Cost Auditors for the Financial Year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
69.76 L votes for, 20,512 against
8
To approve the continuation of tenure of Dr. Satish Chader Gosain, (DIN: 08202130) Non-executive and Independent Director, upon attaining the age of 75 years
⚑ Passed only because promoters voted yes
Backed by 33% of shareholders other than promotersneeded 75%
23.10 L votes for, 46.87 L against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 40 named members
owning 44.1% between them · as of 2026-06-30
VED PRAKASH AGARWAL12.49%
GMK BUILDERS PVT LTD4.56%
WELTER SECURITIES LIMITED2.80%
PRIME MERCANTILE PVT LTD2.07%
VANSHI FARMS PRIVATE LIMITED1.76%
HI TECH MERCANTILE (INDIA) PVT LTD1.52%
PRIMENET GLOBAL PRIVATE LIMITED1.38%
SHREE LABH LAKSHMI CAPITAL SERVICES PVT LTD1.29%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.