Prakash Industries Ltd
NSE: PRAKASH · Iron & Steel · sector
₹110.53NSE close 2026-10-26
Key numbers
Market cap₹1,979 cr
Price₹110.53
52w high / low₹173 / ₹110
P/E6.3xSector median 16.4x
P/B0.6xSector median 2.1x
Book value₹200.4
Dividend yield1.36%Sector median 0.39%
ROE9.1%Sector median 9.1%
ROCE9.4%Sector median 10.1%
OPM15.1%Sector median 12.4%
Debt / equity0.14xSector median 0.35x
EV/EBITDA4.4xSector median 8.1x
Interest cover7.4x
Current ratio1.70x
Sales growth 3y+0.3%Sector median +1.5%
Profit growth 3y+20.5%Sector median +15.7%
PEG0.31x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 14 companies in Iron & Steel (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹195 cr vs borrowings ₹514 cr (FY26): borrowings are higher by ₹318 cr.
- Operating profit covered interest 7.4x in the last 12 months.
- 6.31% of the promoters' shares are pledged (2.8% of all shares).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY25).
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 10% of net profit in the last 12 months.
- Debtor days went from 8 (FY24) to 21 (FY26).
- Dividend paid in 2 of the last 5 financial years.
- Price ₹110.53 on 2026-10-26: -36.1% from the 52-week high, +0.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹187.97 · low ₹110.53
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,077 | 926 | 845 | 1,037 | 723 | 799 | 920 | 1,032 |
| EBITDA | 131 | 125 | 132 | 138 | 108 | 124 | 143 | 147 |
| OPM % | 12.2% | 13.5% | 15.6% | 13.3% | 15.0% | 15.6% | 15.5% | 14.3% |
| Other income | 6 | 7 | 7 | 6 | 6 | 12 | 6 | 7 |
| Net profit | 90 | 84 | 91 | 91 | 62 | 87 | 93 | 71 |
| EPS (₹) | 5.05 | 4.68 | 5.07 | 5.10 | 3.44 | 4.85 | 5.21 | 3.98 |
| Revenue YoY | -32.8% | -13.8% | +8.9% | -0.5% | ||||
| Profit YoY | -31.9% | +3.7% | +2.7% | -22.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,929 | 3,444 | 3,678 | 4,014 | 3,479 | 3,474 |
| EBITDA | 391 | 413 | 493 | 520 | 513 | 523 |
| Net profit | 169 | 190 | 348 | 355 | 333 | 313 |
| EPS (₹) | 9.42 | 10.64 | 19.44 | 19.85 | 18.60 | 17.48 |
| Revenue growth | -12.3% | +6.8% | +9.2% | -13.3% | -10.6% | |
| Profit growth | +12.9% | +82.8% | +2.1% | -6.3% | -12.2% | |
| Dividend / share (₹) | – | – | – | 1.20 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.3% | +1.6% | -10.6% |
| Net profit | +20.5% | +28.4% | -12.2% |
| EPS | +20.5% | +27.4% | – |
| Share price | – | -14.3% (2y) | -23.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,954 | 3,024 | 3,319 | 3,588 |
| Borrowings | – | 597 | 361 | 421 | 514 |
| Cash & equivalents | – | 298 | 276 | 271 | 195 |
| Total assets | – | 4,251 | 4,059 | 4,485 | 4,753 |
| Fixed assets | – | 3,025 | 2,629 | 2,938 | 2,972 |
| Capital work in progress | – | 172 | 495 | 0 | 197 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 97 | 83 | 174 | 196 |
| Inventory | – | 312 | 301 | 484 | 498 |
| Payables | – | 203 | 188 | 112 | 129 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 350 | 585 | 601 | 142 | 299 |
| Cash from investing | -299 | -545 | -320 | -126 | -338 |
| Cash from financing | -59 | -38 | -288 | 2 | 31 |
| Capex | 140 | 458 | 464 | 175 | 387 |
| Free cash flow | 210 | 127 | 138 | -33 | -88 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.4% | 11.5% | 10.7% | 9.3% |
| ROCE % | – | 7.7% | 11.9% | 10.8% | 9.1% |
| Debtor days | – | 10 | 8 | 16 | 21 |
| Inventory days | – | 45 | 43 | 62 | 86 |
| Payable days | – | 30 | 27 | 14 | 22 |
| Cash conversion cycle (days) | – | 25 | 24 | 64 | 85 |
| Working capital days | – | -2 | 0 | 22 | 51 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 44.38% |
| FIIs | 3.79% |
| DIIs | 0.02% |
| of which Mutual funds | 0.01% |
| of which Insurance | 0.00% |
| Public (non-institutions) | 51.81% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 44.27% | 44.27% | 44.38% | 44.38% | 44.38% | 44.38% | 44.38% | 44.38% |
| Promoter group | % |
|---|---|
| VED Prakash Agarwal | 12.49% |
| GMK Builders PVT Ltd | 4.56% |
| Welter Securities Limited | 2.80% |
| Prime Mercantile PVT Ltd | 2.07% |
| Vanshi Farms Private Limited | 1.76% |
| HI Tech Mercantile (India) PVT Ltd | 1.52% |
| Primenet Global Private Limited | 1.38% |
| Shree Labh Lakshmi Capital Services PVT Ltd | 1.29% |
| VED Prakash Agarwal HUF | 1.23% |
| Ambrosia Commerce PVT Ltd | 1.08% |
| Evershine Mercantile LLP | 1.07% |
| Vision Mercantile PVT Ltd | 1.04% |
| Dhruv Commerce LLP | 0.99% |
| Prakash Capital Services Limited | 0.84% |
| Samyak Securities LLP | 0.84% |
| Public holders above 1% | % |
|---|---|
| Mukul Mahavir Agrawal | 2.00% |
| Dolly Khanna | 1.78% |
90,928 shareholders. Pledged: 6.31% of promoter shares.
Peers in Iron & Steel
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| JSWSTEEL | ₹3,07,440 cr | 12.4x | 3.1x | 27.6% | 21.2% | 25.8% | +3.8% | 0.22% |
| TATASTEEL | ₹2,11,990 cr | 19.2x | 2.1x | 11.4% | 12.1% | 14.6% | -1.6% | 2.12% |
| JINDALSTEL | ₹1,05,841 cr | 38.9x | 2.1x | 5.5% | 7.4% | 15.0% | +0.3% | 0.20% |
| SAIL | ₹70,136 cr | 16.4x | 1.2x | 7.2% | 8.0% | 11.3% | +2.0% | 0.94% |
| JSL | ₹56,775 cr | 17.0x | 2.7x | 17.0% | 17.8% | 12.4% | +6.4% | 0.43% |
| SARDAEN | ₹15,738 cr | 13.9x | 2.1x | 16.6% | 17.6% | 32.4% | +10.6% | 0.34% |
| NSLNISP | ₹11,300 cr | 124.4x | 0.9x | 0.6% | 3.3% | 10.8% | – | – |
| SANDUMA | ₹7,632 cr | 10.7x | 2.3x | 24.4% | 25.5% | 22.9% | – | 0.27% |
| JAIBALAJI | ₹5,738 cr | 39.8x | 2.5x | 6.6% | 10.1% | 6.0% | -1.9% | – |
| PRAKASH | ₹1,979 cr | 6.3x | 0.6x | 9.1% | 9.4% | 15.1% | +0.3% | 1.36% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-16 | Dividend | Dividend - Rs 1.80 Per Share |
| 2025-09-17 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-09-17 | Dividend | Dividend - Rs 1.20 Per Share |
| 2023-09-18 | Other | Annual General Meeting |
| 2022-09-16 | Other | Annual General Meeting |
| 2021-07-19 | Other | Annual General Meeting |
| 2020-09-21 | Other | Annual General Meeting |
| 2019-09-20 | Dividend | Dividend - Rs 1.20 Per Share |
| 2019-04-23 | Restructuring | Demerger |
| 2018-07-20 | Other | Annual General Meeting |
| 2017-07-20 | Other | Annual General Meeting |
| 2016-09-23 | Other | Annual General Meeting |
| 2015-09-18 | Other | Annual General Meeting |
| 2014-08-22 | Dividend | Annual General Meeting / Dividend - Re 1/- Per Share |
| 2013-09-20 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2012-09-21 | Dividend | Annual General Meeting/Dividend Re 1 Per Share |
| 2011-09-23 | Dividend | Dividend Re 1 Per Share |
| 2010-08-09 | Other | Annual General Meeting |
| 2009-07-24 | Other | Annual General Meeting |
| 2008-09-19 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing Industry: Metal & Metal products
| Sector | Commodities |
| Industry | Iron & Steel |
| Sub-industry | Iron & Steel |
| Symbol | PRAKASH |
| BSE code | 506022 |
| ISIN | INE603A01013 |
| Face value | ₹10.0 |
| Incorporated | 1980-07-31 |
| Website | www.prakash.com |
| Plants (India / abroad) | 5 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.