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Prakash Industries Ltd

PRAKASH

Prakash Industries Ltd

PRAKASH
MaterialsIron & Steel
SmallcapWith a market cap of ₹2,998 cr, stock is ranked 972
High RiskStock is 3.73x as volatile as Nifty
167.400.59% (+0.98)
167.400.59% (+0.98)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
MaterialsIron & Steel
SmallcapWith a market cap of ₹2,998 cr, stock is ranked 972
High RiskStock is 3.73x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹2,998 cr, stock is ranked 972
High RiskStock is 3.73x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
8.560.990.72%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.273.431.35%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 0.57%, vs industry avg of 9.83%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.75% to 0.52%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -8.38%, vs industry avg of 4.81%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,058.102,176.822,949.623,977.643,004.593,327.594,107.183,455.144,091.764,049.26
Raw Materialssubtract1,454.151,492.701,841.162,137.351,956.422,314.802,871.922,511.112,554.913,509.64
Power & Fuel Costsubtract108.46116.19124.07238.76187.28145.8990.9178.8595.67
Employee Costsubtract143.87154.88195.97212.09241.79229.70229.44219.38242.05
Selling & Administrative Expensessubtract50.5353.7956.0555.6755.2425.83123.0569.4888.45
Operating & Other expensessubtract106.4492.85133.99545.05206.77288.75392.52151.75554.25
Depreciation/Amortizationsubtract101.81103.03120.94133.98144.87153.77157.85151.74152.80146.06
Interest & Other Itemssubtract69.4574.9889.10102.0994.0373.5272.6782.3557.4645.35
Taxes & Other Itemssubtract0.017.402.0913.430.000.000.100.00-2.00-2.00
EPS1.505.1022.4929.016.555.449.4210.6419.4419.56
DPS0.000.000.001.030.000.000.000.001.201.20
Payout ratio0.000.000.000.040.000.000.000.000.060.06

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

May 1PDF
FY 2019

Annual report

PDF

Investor Presentation

Jan 16PDF
Nov 17PDF
Jul 16PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 8PDF
FY 2022

Annual report

PDF

Investor Presentation

Jul 24PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Prakash Industries Ltd8.610.990.72%
JSW Steel Ltd26.742.950.95%
Tata Steel Ltd-40.661.952.49%
Jindal Steel And Power Ltd15.442.050.22%

Price Comparison

Compare PRAKASH with any stock or ETF
Compare PRAKASH with any stock or ETF
PRAKASH
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.24%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.27%0.01%0.01%3.96%51.75%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep3.57%6.35%5.90%4.91%4.95%3.96%

Insider Trades & Bulk Deals

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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

Final
Final | Div/Share: ₹1.20

Dividend/Share

1.20

Ex DateEx Date

Sep 17, 2024

Cash Dividend

Ex DateEx DateSep 20, 2019

Final
Final | Div/Share: ₹1.20

Dividend/Share

1.20

Ex DateEx Date

Sep 20, 2019

Cash Dividend

Ex DateEx DateAug 22, 2014

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Aug 22, 2014

Cash Dividend

Ex DateEx DateSep 20, 2013

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 20, 2013

Cash Dividend

Ex DateEx DateSep 21, 2012

Final
Final | Div/Share: ₹1.00

Dividend/Share

1.00

Ex DateEx Date

Sep 21, 2012

News & Opinions
Corporate
Prakash Inds secures mining lease for Bhaskarpara Commercial Coal Mine

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

1 week agoCapital Market - Live
Earnings
Prakash Industries standalone net profit rises 1.07% in the September 2024 quarter

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

2 weeks agoCapital Market - Live
Corporate
Prakash Industries to conduct board meeting

Prakash Industries will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Prakash Industries schedules AGM

Prakash Industries announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Prakash Industries to hold AGM

Prakash Industries announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Prakash Industries Ltd leads losers in 'A' group

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

2 months agoCapital Market - Live
Earnings
Prakash Industries standalone net profit rises 1.21% in the June 2024 quarter

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

3 months agoCapital Market - Live
Corporate
Prakash Industries to hold board meeting

Prakash Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Prakash Industries surges 8% on getting final nod for Bhaskarpara coal mine

4 months agoBusiness Standard

Prakash Industries To Chennai Petroleum Corporation, Dolly Khanna’s Multibagger Stocks - News18

1 year agoNews18