Prakash Industries Ltd
PRAKASHPrakash Industries Ltd
PRAKASH
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 8.63 | 1.00 | 0.71% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 30.03 | 3.41 | 1.36% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Prakash Industries Limited is engaged in mining, steel and power operations through manufacturing of MS billet, ferroalloys, MS thermo mechanically treated (TMT) and MS coil, and allied and HB wire rod.
Peers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,058.10 | 2,176.82 | 2,949.62 | 3,977.64 | 3,004.59 | 3,327.59 | 4,107.18 | 3,455.14 | 4,091.76 | 4,049.26 | ||||||||||
Raw Materials | 1,454.15 | 1,492.70 | 1,841.16 | 2,137.35 | 1,956.42 | 2,314.80 | 2,871.92 | 2,511.11 | 2,554.91 | 3,509.64 | ||||||||||
| Power & Fuel Cost | 108.46 | 116.19 | 124.07 | 238.76 | 187.28 | 145.89 | 90.91 | 78.85 | 95.67 | |||||||||||
| Employee Cost | 143.87 | 154.88 | 195.97 | 212.09 | 241.79 | 229.70 | 229.44 | 219.38 | 242.05 | |||||||||||
| Selling & Administrative Expenses | 50.53 | 53.79 | 56.05 | 55.67 | 55.24 | 25.83 | 123.05 | 69.48 | 88.45 | |||||||||||
| Operating & Other expenses | 106.44 | 92.85 | 133.99 | 545.05 | 206.77 | 288.75 | 392.52 | 151.75 | 554.25 | |||||||||||
EBITDA | 194.65 | 266.41 | 598.38 | 788.72 | 357.09 | 322.62 | 399.34 | 424.57 | 556.43 | 539.62 | ||||||||||
| Depreciation/Amortization | 101.81 | 103.03 | 120.94 | 133.98 | 144.87 | 153.77 | 157.85 | 151.74 | 152.80 | 146.06 | ||||||||||
| PBIT | 92.84 | 163.38 | 477.44 | 654.74 | 212.22 | 168.85 | 241.49 | 272.83 | 403.63 | 393.56 | ||||||||||
| Interest & Other Items | 69.45 | 74.98 | 89.10 | 102.09 | 94.03 | 73.52 | 72.67 | 82.35 | 57.46 | 45.35 | ||||||||||
| PBT | 23.39 | 88.40 | 388.34 | 552.65 | 118.19 | 95.33 | 168.82 | 190.48 | 346.17 | 348.21 | ||||||||||
| Taxes & Other Items | 0.01 | 7.40 | 2.09 | 13.43 | 0.00 | 0.00 | 0.10 | 0.00 | -2.00 | -2.00 | ||||||||||
| Net Income | 23.38 | 81.00 | 386.25 | 539.22 | 118.19 | 95.33 | 168.72 | 190.48 | 348.17 | 350.21 | ||||||||||
| EPS | 1.50 | 5.10 | 22.49 | 29.01 | 6.55 | 5.44 | 9.42 | 10.64 | 19.44 | 19.56 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 1.03 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 1.20 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Prakash Industries Ltd | 8.68 | 1.00 | 0.71% |
| JSW Steel Ltd | 26.21 | 2.89 | 0.96% |
| Tata Steel Ltd | -40.64 | 1.95 | 2.49% |
| Jindal Steel And Power Ltd | 15.87 | 2.11 | 0.21% |
Price Comparison
Compare PRAKASH with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.24%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 17, 2024
Dividend/Share
₹1.20
Ex DateEx Date
Sep 17, 2024
Cash Dividend
Ex DateEx DateSep 20, 2019
Dividend/Share
₹1.20
Ex DateEx Date
Sep 20, 2019
Cash Dividend
Ex DateEx DateAug 22, 2014
Dividend/Share
₹1.00
Ex DateEx Date
Aug 22, 2014
Cash Dividend
Ex DateEx DateSep 20, 2013
Dividend/Share
₹1.00
Ex DateEx Date
Sep 20, 2013
Cash Dividend
Ex DateEx DateSep 21, 2012
Dividend/Share
₹1.00
Ex DateEx Date
Sep 21, 2012
Prakash Industries announced that the Government of Chhattisgarh had executed the Mining Lease, which has been duly registered on 22 November 2024 in favour of the Company for mining of coal over a period of 30 years for its Bhaskarpara Commercial Coal Mine in District Surajpur. Now, the Company will start overburden removal by next month and thereafter the coal extraction is expected to commence in the next quarter. The supplies of coal from this mine shall provide stability to the Company's Integrated Steel operations as well as result in significant cost reductions. Additionally, this being a commercial mine, it shall also boost the revenue and the profitability through sale of coal in the open market.Powered by Capital Market - Live
Net profit of Prakash Industries rose 1.07% to Rs 90.39 crore in the quarter ended September 2024 as against Rs 89.43 crore during the previous quarter ended September 2023. Sales rose 21.14% to Rs 1076.90 crore in the quarter ended September 2024 as against Rs 888.98 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1076.90888.98 21 OPM %12.2014.43 - PBDT126.04127.90 -1 PBT90.3989.43 1 NP90.3989.43 1 Powered by Capital Market - Live
Prakash Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Prakash Industries announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
Prakash Industries announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
DCW Ltd, Tata Motors Ltd, Aether Industries Ltd and Sumitomo Chemical India Ltd are among the other losers in the BSE's 'A' group today, 11 September 2024.Prakash Industries Ltd crashed 13.11% to Rs 190.5 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 9.36 lakh shares were traded on the counter so far as against the average daily volumes of 1.87 lakh shares in the past one month.DCW Ltd tumbled 7.03% to Rs 93.26. The stock was the second biggest loser in 'A' group.On the BSE, 6 lakh shares were traded on the counter so far as against the average daily volumes of 6.76 lakh shares in the past one month.Tata Motors Ltd lost 5.65% to Rs 976.9. The stock was the third biggest loser in 'A' group.On the BSE, 15.6 lakh shares were traded on the counter so far as against the average daily volumes of 4.15 lakh shares in the past one month.Aether Industries Ltd plummeted 5.25% to Rs 1003.8. The stock was the fourth biggest loser in 'A' group.On the BSE, 33000 shares were traded on the counter so far as against the average daily volumes of 10888 shares in the past one month.Sumitomo Chemical India Ltd pared 5.01% to Rs 580.55. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.43 lakh shares were traded on the counter so far as against the average daily volumes of 45972 shares in the past one month.Powered by Capital Market - Live
Net profit of Prakash Industries rose 1.21% to Rs 90.49 crore in the quarter ended June 2024 as against Rs 89.41 crore during the previous quarter ended June 2023. Sales rose 15.16% to Rs 1166.86 crore in the quarter ended June 2024 as against Rs 1013.28 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1166.861013.28 15 OPM %11.3011.64 - PBDT125.73128.57 -2 PBT90.4989.41 1 NP90.4989.41 1 Powered by Capital Market - Live
Prakash Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
Prakash Industries surges 8% on getting final nod for Bhaskarpara coal mine
Prakash Industries To Chennai Petroleum Corporation, Dolly Khanna’s Multibagger Stocks - News18
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 0.57%, vs industry avg of 9.86%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.75% to 0.52%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -8.38%, vs industry avg of 4.95%