Prakash Steelage Ltd
NSE: PRAKASHSTL · Iron & Steel Products · sector
₹3.22NSE close 2026-10-26
Key numbers
Market cap₹56 cr
Price₹3.22
52w high / low₹7 / ₹3
P/E107.3xSector median 15.5x
P/B5.8xSector median 1.7x
Book value₹0.6
Dividend yield–Sector median 0.60%
ROE6.7%Sector median 11.1%
ROCE10.3%Sector median 11.9%
OPM1.9%Sector median 6.7%
Debt / equity0.03xSector median 0.21x
EV/EBITDA32.3xSector median 11.8x
Interest cover12.9x
Current ratio1.07x
Sales growth 3y-1.5%Sector median +2.1%
Profit growth 3y-41.3%Sector median +13.0%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 12.9x in the last 12 months.
- 0.10% of the promoters' shares are pledged (0.0% of all shares).
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 31% of net profit in the last 12 months.
- Debtor days went from 41 (FY24) to 70 (FY26).
- No dividend in the last 5 financial years.
- Price ₹3.22 on 2026-10-26: -51.0% from the 52-week high, +2.9% 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 ₹9.17 · low ₹3.22
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 | 19 | 21 | 16 | 25 | 24 | 25 | 17 |
| EBITDA | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 |
| OPM % | 1.1% | 6.3% | 3.2% | 2.7% | 1.2% | 2.8% | 1.2% | 2.6% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.02 | 0.04 | 0.01 | 0.02 | 0.00 | 0.02 | 0.00 | 0.01 |
| Revenue YoY | +30.2% | +27.1% | +16.4% | +2.3% | ||||
| Profit YoY | -67.9% | -51.5% | -84.6% | -57.9% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 46 | 95 | 106 | 77 | 91 | 91 |
| EBITDA | 128 | 2 | 38 | 2 | 2 | 2 |
| Net profit | 164 | 4 | 58 | 1 | 1 | 1 |
| EPS (₹) | 9.34 | 0.24 | 3.31 | 0.07 | 0.05 | 0.03 |
| Revenue growth | +105.5% | +11.4% | -27.6% | +18.5% | +19.5% | |
| Profit growth | -97.5% | +1,294.9% | -97.8% | -35.4% | -60.9% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -1.5% | +30.0% | +19.5% |
| Net profit | -41.3% | -56.0% | -60.9% |
| EPS | -40.7% | -55.6% | – |
| Share price | – | -36.3% (2y) | -38.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -50 | 8 | 9 | 10 |
| Borrowings | – | 29 | 0 | 4 | 0 |
| Cash & equivalents | – | 1 | 1 | 1 | 1 |
| Total assets | – | 37 | 40 | 38 | 44 |
| Fixed assets | – | 6 | 6 | 5 | 7 |
| Capital work in progress | – | 0 | 0 | – | – |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 10 | 12 | 12 | 17 |
| Inventory | – | 16 | 18 | 16 | 16 |
| Payables | – | 52 | 26 | 18 | 27 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 38 | 6 | 29 | -3 | 7 |
| Cash from investing | -0 | -1 | -1 | -0 | -3 |
| Cash from financing | -38 | -5 | -29 | 4 | -4 |
| Capex | 1 | 0 | 1 | 0 | 3 |
| Free cash flow | 37 | 6 | 28 | -4 | 4 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -8.3% | 750.1% | 14.6% | 8.6% |
| ROCE % | – | -14.9% | 744.7% | 16.1% | 12.0% |
| Debtor days | – | 40 | 41 | 56 | 70 |
| Inventory days | – | 73 | 75 | 101 | 79 |
| Payable days | – | 244 | 111 | 115 | 136 |
| Cash conversion cycle (days) | – | -131 | 5 | 42 | 13 |
| Working capital days | – | -220 | 4 | 14 | 9 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 33.56% |
| Public (non-institutions) | 66.44% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 33.55% | 33.56% | 33.56% | 33.56% | 33.56% | 33.56% | 33.56% | 33.56% |
| Promoter group | % |
|---|---|
| Prakash Chhaganlal Kanugo | 8.50% |
| Dheliben Mafatlal Seth | 5.79% |
| Seth Iron & Steel Private Limited | 4.54% |
| Kamal Prakash Kanugo | 3.01% |
| Hemant Prakash Kanugo | 2.93% |
| Vimal Prakash Kanugo | 2.83% |
| Kirti Prakash Kanugo | 2.66% |
| Ashok Mafatlal Seth | 1.78% |
| AMS Trading and Investment Private Limited | 0.41% |
| Mafatlal Chogamal Seth | 0.29% |
| Seth Ashok Mafatlal HUF | 0.29% |
| Mafatlal Chogamal Seth | 0.29% |
| Nirmala Ashok Seth | 0.26% |
| Prakash Chhaganlal Kanugo HUF | 0.00% |
| Babita Prakash Kanugo | 0.00% |
1,48,271 shareholders. Pledged: 0.10% of promoter shares.
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| PRAKASHSTL | ₹56 cr | 107.3x | 5.8x | 6.7% | 10.3% | 1.9% | -1.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-20 | Other | Annual General Meeting |
| 2020-12-15 | Other | Annual General Meeting |
| 2019-09-16 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2016-03-03 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2015-09-21 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
| 2014-09-11 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2013-08-07 | Dividend | Annual General Meeting / Dividend - Re 1/- Per Share |
| 2012-08-07 | Dividend | Annual General Meeting And Dividend - Re.1/- Per Share |
| 2011-08-08 | Dividend | Dividend-Rs.1/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | PRAKASHSTL |
| BSE code | 533239 |
| ISIN | INE696K01024 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
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.