Prakash Steelage Ltd
Incorporated in 1996, Prakash Steelage Ltd manufactures and exports stainless Steel tubes & pipes[1]
- Market Cap ₹ 116 Cr.
- Current Price ₹ 6.63
- High / Low ₹ 11.1 / 5.66
- Stock P/E 68.2
- Book Value ₹ 0.46
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 45.3% CAGR over last 5 years
Cons
- Stock is trading at 14.6 times its book value
- Promoter holding is low: 33.6%
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.37.0 Cr.
- Promoter holding has decreased over last 3 years: -5.87%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
793 | 944 | 1,072 | 555 | 145 | 46 | 43 | 32 | 24 | 46 | 95 | 106 | 81 | |
745 | 881 | 1,005 | 590 | 191 | 44 | 40 | 29 | 27 | 40 | 92 | 102 | 80 | |
Operating Profit | 48 | 63 | 67 | -35 | -46 | 1 | 3 | 4 | -2 | 6 | 2 | 4 | 1 |
OPM % | 6% | 7% | 6% | -6% | -32% | 2% | 6% | 11% | -9% | 13% | 3% | 3% | 1% |
10 | 5 | 2 | -9 | -91 | -247 | 13 | -2 | 48 | 161 | 2 | 56 | 37 | |
Interest | 30 | 35 | 36 | 29 | 11 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
Depreciation | 7 | 8 | 11 | 8 | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Profit before tax | 21 | 25 | 21 | -81 | -151 | -248 | 14 | -1 | 44 | 163 | 3 | 58 | 37 |
Tax % | 32% | 35% | 34% | 1% | 0% | -3% | 0% | -71% | -15% | -0% | -34% | 1% | |
14 | 17 | 14 | -81 | -152 | -241 | 14 | -0 | 51 | 164 | 4 | 58 | 36 | |
EPS in Rs | 0.80 | 0.95 | 0.80 | -4.65 | -8.66 | -13.76 | 0.79 | -0.01 | 2.90 | 9.34 | 0.24 | 3.31 | 2.06 |
Dividend Payout % | 12% | 11% | 6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -20% |
5 Years: | 20% |
3 Years: | 63% |
TTM: | -27% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 45% |
3 Years: | 90% |
TTM: | -93% |
Stock Price CAGR | |
---|---|
10 Years: | -6% |
5 Years: | 102% |
3 Years: | 7% |
1 Year: | -27% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 148 | 162 | 174 | 93 | -58 | -299 | -286 | -286 | -235 | -72 | -68 | -10 | -9 |
205 | 264 | 245 | 203 | 247 | 243 | 243 | 243 | 192 | 34 | 29 | 0 | 4 | |
164 | 193 | 361 | 183 | 124 | 104 | 78 | 63 | 55 | 58 | 59 | 32 | 24 | |
Total Liabilities | 535 | 637 | 797 | 497 | 330 | 66 | 53 | 38 | 30 | 37 | 37 | 40 | 36 |
71 | 84 | 81 | 19 | 14 | 16 | 13 | 11 | 9 | 6 | 6 | 6 | 6 | |
CWIP | 14 | 1 | 1 | 5 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 |
450 | 552 | 715 | 470 | 308 | 46 | 37 | 24 | 20 | 31 | 32 | 34 | 31 | |
Total Assets | 535 | 637 | 797 | 497 | 330 | 66 | 53 | 38 | 30 | 37 | 37 | 40 | 36 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
27 | -9 | 51 | 25 | -54 | 1 | -20 | 0 | 0 | 38 | 6 | 29 | |
-4 | -9 | -1 | 45 | 21 | 4 | 20 | -0 | 51 | -0 | -1 | -1 | |
-22 | 23 | -58 | -71 | 33 | -4 | -0 | 0 | -51 | -38 | -5 | -29 | |
Net Cash Flow | 1 | 5 | -7 | -2 | -0 | 0 | -0 | -0 | 0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 93 | 108 | 124 | 196 | 343 | 183 | 118 | 100 | 90 | 31 | 40 | 41 |
Inventory Days | 99 | 90 | 102 | 30 | 38 | 77 | 95 | 207 | 180 | 255 | 73 | 75 |
Days Payable | 71 | 69 | 122 | 78 | 217 | 917 | 918 | 941 | 912 | 661 | 244 | 111 |
Cash Conversion Cycle | 121 | 128 | 105 | 148 | 165 | -658 | -706 | -634 | -642 | -375 | -131 | 6 |
Working Capital Days | 121 | 128 | 116 | 197 | 474 | -430 | -309 | -371 | -521 | -217 | -114 | 2 |
ROCE % | 14% | 15% | 15% | -9% | -13% | 0% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 Mar
- Closure of Trading Window 26 Mar
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Pursuant To Regulation 30 Of SEBI(LODR)Regulations,2015, We Wish To Inform You That The Board In Its Meeting Held On February 10,2025 Approved The Reconstitution Of Composition Of Committee Members Of The Board.
6 Mar - Reconstitution of Board Committees effective March 30, 2025.
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Financial Results For The Quarter Ended 31St December,2024 In Readable Format
19 Feb - Board approved un-audited financial results for Q3 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Copies of Newspaper Cutting of the Unaudited Financial Results of the Company for the Quarter ended 31st December, 2024 published in Business Standard in English …
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Business Overview:[1][2][3]
PSL is an 1SO 9001-2015, ISO 14001-2004, OHSAS 18001-2007, PED Certified company and is a part of Prakash Group. It started its business with trading in stainless steel (SS) sheets, coils, plates and scrap. Currently, company manufactures stainless steel (seamless and welded) pipes and tubes and trades into stainless steel sheets and coils, etc. in Silvassa