SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Prakash Steelage Ltd (PRAKASHSTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533239 NSE: PRAKASHSTL Steel & Iron Products | Small Cap | Prakash Steelage Share Price

₹4.40 -0.01 (-0.23%)

As on 10-Jun'26 11:45

Prakash Steelage Ltd (PRAKASHSTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533239 NSE: PRAKASHSTL Steel & Iron Products | Small Cap | Prakash Steelage Share Price

₹4.40 -0.01 (-0.23%)

As on 10-Jun'26 11:45

Key Metrics
Valuation Multiples
Market Cap
₹77 Cr.
Current Price
₹4.4
52-Week Low / High
₹4 / 7
TTM EPS
₹0.1
TTM Sales
₹90.8 Cr.
Book Value per Share
₹0.6
P/E Ratio
91.88
Higher than its 5-year historical median
Industry PE
25
Price to Book (P/B)
7.92
Higher than its 5-year historical median
Price to Sales (P/S)
0.85
Lower than its 5-year historical median
EV/EBITDA
36.65
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
15.59%
Outperforms industry median
Return on Capital Employed (ROCE)
19.98%
Outperforms industry median
Return on Assets (ROA)
3.41%
Operating Profit Margin
2%
Net Profit Margin
1.69%
Gross Profit Margin
3.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-27.61%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-56.74%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-97.75%
Asset Quality
Promoter Holding
33.56%
Pledged shares (%) of Promoter's holding (%)
0.10%
Reserves
₹-8 Cr.
Equity
₹17.5 Cr.
Face Value
₹1
All Time Low / High
₹0.19 / 24.29

Prakash Steelage stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Prakash Steelage Ltd a good quality company?
Prakash Steelage Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does Prakash Steelage Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Prakash Steelage Ltd vs industry peers?
Prakash Steelage Ltd revenue CAGR is 18.70%, compared to the industry median CAGR of 7.56%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Prakash Steelage Ltd?
Promoters hold 33.56% of the Prakash Steelage Ltd, with 0.10% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Prakash Steelage Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -1% based on the current price.
View More

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Prakash Steelage Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ-13.8%-54%-296.3%0%0%0%0%0%0%20%-
Value Creation
Index ⓘ		-2.0NANANANANANANANA0.4-

Growth Parameters ⓘ
Sales ⓘ55514545.64332.524.546.29510676.691
Sales YoY Gr.--73.9%-68.6%-5.8%-24.4%-24.7%88.9%105.5%11.4%-27.6%-
Adj EPS ⓘ-3.9-4.4-3.80.40.2112.10.33.30.10.1
YoY Gr.-NANANA-55.8%415.8%1132.7%-97.4%967.7%-97.9%-
BVPS (₹) ⓘ6.3-2.3-16.1-15.3-15.3-12.4-3.1-2.90.40.50.6
Adj Net
Profit ⓘ		-68.3-76.3-677.53.217.12115.457.91.21
Cash Flow from Ops. ⓘ25-54.40.6-20.50.10.537.96.129.2-3.3-
Debt/CF from Ops. ⓘ8.1-4.6439.5-11.91751.1403.60.94.80-1.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-19.8%18.7%18.3%-27.6%
Adj EPS ⓘNA-18.1%-82%-97.9%
BVPSⓘ-24.4%NANA15.9%
Share Price 6.5% 33.4% -0.7% -32.9%

Key Financial Parameters ⓘ

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		-45.2-219.341.5-2.7-1.2-7.1-155.5-10.4-272.7159.4
Op. Profit
Mgn % ⓘ		-6.3-31.52.59.216.8-9.114.84.53.421.9
Net Profit
Mgn % ⓘ		-12.3-52.6-146.817.41070457.55.754.71.61
Debt to
Equity ⓘ		1.8-6.1-0.9-0.9-0.9-0.9-0.6-0.600.40
Working Cap
Days ⓘ		3769511,37434833732219811510715058
Cash Conv.
Cycle ⓘ		170370-180-662-555-475-330-111-52284

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales555.12145.1445.6442.9932.5024.4746.2294.97105.7776.57
Operating Expenses ⓘ + 590.33191.0444.5340.2528.8726.7142.5992.49102.2275.03
Manufacturing Costs9.393.762.362.792.862.534.746.578.488.27
Material Costs561.76179.4537.1127.0319.8219.5628.5078.2486.0358.60
Employee Cost 6.233.322.412.052.051.992.232.803.363.89
Other Costs ⓘ 12.954.512.648.384.152.647.124.884.364.27
Operating Profit ⓘ -35.21-45.911.122.743.63-2.243.632.493.561.54
Operating Profit Margin (%) -6.3%-31.6%2.4%6.4%11.2%-9.2%7.9%2.6%3.4%2.0%
Other Income ⓘ + 13.2618.582.6722.310.750.9139.521.6021.031.45
Exceptional Items ⓘ -22.09-109.76-249.17-8.86-3.1647.37123.98034.770
Interest ⓘ 28.6811.060.050.030.050.223.160.090.190.10
Depreciation ⓘ 7.823.322.832.362.021.520.940.910.860.93
Profit Before Tax ⓘ -80.54-151.46-248.2713.80-0.8444.30163.033.0958.301.97
Tax ⓘ 0.910.10-7.500.05-0.60-6.45-0.48-1.060.420.67
Profit After Tax -81.44-151.56-240.7613.74-0.2450.76163.504.1557.891.30
PAT Margin (%) -14.7%-104.0%-527.0%32.0%-0.7%207.5%353.7%4.4%54.7%1.7%
Adjusted EPS (₹)-4.7-8.7-13.80.8-0.02.99.30.23.30.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Prakash Steelage - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 110.51-40.89-281.78-268.10-268.35-217.67-54.28-50.157.728.90
Share Capital ⓘ 17.5017.5017.5017.5017.5017.5017.5017.5017.5017.50
Reserves ⓘ 93.01-58.39-299.28-285.60-285.85-235.17-71.78-67.65-9.78-8.60
Debt +203.03247.24242.95242.84242.95192.3333.9628.900.143.90
Long Term Debt27.04000000000
Short Term Debt175.99247.24242.95242.84242.95192.3333.9628.900.143.90
Minority Interest0000000000
Trade Payables119.88106.6193.8668.0151.1148.8851.6352.2326.0618.39
Others Liabilities ⓘ 63.4217.3010.511012.156.316.115.375.425.40
Total Liabilities ⓘ 496.84330.2665.5552.7537.8629.8537.4236.3539.3436.60

Fixed Assets

Net Fixed Assets ⓘ +19.3713.6816.3012.6110.829.436.335.885.525.42
Gross Block40.1734.1938.3832.0931.6431.5627.0527.1327.5328.35
Accumulated Depreciation20.8020.5122.0819.4820.8222.1320.7221.2522.0122.92
CWIP ⓘ 4.585.620000000.350
Investments ⓘ 3.353.253.253.253.2500000
Inventories46.0418.927.857.0211.259.6619.9415.6217.6316.29
Trade Receivables298.64136.5222.9013.898.916.013.9010.341211.65
Cash Equivalents 4.172.210.480.370.350.640.701.180.800.74
Others Assets ⓘ 120.68150.0614.7615.613.284.116.553.343.032.50
Total Assets ⓘ 496.84330.2665.5552.7537.8629.8537.4236.3539.3436.60

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 24.97-54.350.55-20.470.140.4837.866.0929.20-3.33
PBT ⓘ -58.45-151.46-248.2713.80-0.8444.30163.033.0958.301.97
Adjustment ⓘ 12.74-5.761.32-18.333.62-46.78-116.701.37-54.48-0.25
Changes in Working Capital ⓘ 71.88103.18247.53-15.92-4.853.04-8.361.7525.23-4.56
Tax Paid ⓘ -1.20-0.32-0.02-0.022.21-0.08-0.11-0.130.15-0.48
Cash Flow From Investing Activity ⓘ + 44.9421.033.9920.47-0.2150.58-0.17-0.53-0.67-0.45
Capex 42.203.421.6620.35-0.2450.48-0.24-0.46-0.70-0.48
Net Investments 0.420.10000000-0.03-0.03
Others ⓘ 2.3317.502.330.120.030.100.07-0.070.050.06
Cash Flow From Financing Activity ⓘ + -71.4633.16-4.35-0.140.06-50.86-37.58-5.16-28.943.69
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ 0000000000
Interest Paid ⓘ -28.72-11.06-0.05-0.03-0.05-0.22-3.16-0.09-0.19-0.08
Dividend Paid ⓘ -1.05000000000
Others ⓘ -41.6944.21-4.30-0.110.11-50.64-34.42-5.07-28.753.77
Net Cash Flow ⓘ -1.55-0.170.19-0.14-0.010.200.110.40-0.42-0.09

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-53.86N/AN/AN/AN/AN/AN/AN/A015.59
ROCE (%)-13.82N/AN/AN/AN/AN/AN/AN/A019.98
Asset Turnover Ratio0.880.360.240.730.720.721.372.572.82.02
PAT to CFO Conversion(x)N/AN/AN/A-1.49N/A0.010.231.470.5-2.56
Working Capital Days
Receivable Days213.30536.90623.90156.20128111.3039.2027.4038.6056.40
Inventory Days100.3080.20104.8063.10102.60155.90116.9068.3057.4080.90
Payable Days142230.30985.801,0931,097933.20643.60242.30166.10138.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.100.105.410.100.100.100.000.100.100.10
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Prakash Steelage Ltd FAQs

The current trading price of Prakash Steelage on 10-Jun-2026 11:45 is ₹4.40.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Prakash Steelage stood at ₹77.18 Cr

The latest P/E ratio of Prakash Steelage as of 09-Jun-2026 is 91.88.

The latest P/B ratio of Prakash Steelage as of 09-Jun-2026 is 7.92.

The 52-week high of Prakash Steelage is ₹6.77 and the 52-week low is ₹3.85.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prakash Steelage is ₹90.75 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Prakash Steelage Ltd is a below average quality company.

The key valuation ratios of Prakash Steelage Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prakash Steelage Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Prakash Steelage Ltd

Prakash Steelage Limited, a Prakash Group company was incorporated on May 9, 1991 under the Companies Act, 1956 as ‘Prakash Steelage Private Limited’ vide Certificate of Incorporation issued by the Registrar of Companies, Maharashtra, Mumbai The Company was later converted into a public company and the name was changed to ‘Prakash Steelage Limited’, pursuant to a shareholders resolution dated July 7, 1997 and received a Certificate of Change of Name on August 12, 1997. The promoters of the company are Mr. Prakash C. Kanugo and Mr. Ashok M. Seth.

Prakash Group was started in the year 1976 and has 30 years of track record of stability, trust & growth. From trading to manufacturing value added steel products, PSL has pre-eminent position in importation, stocking and supplying Flat and Long Stainless Steel segment in India.

The company first started off with trading activity i.e; trading in the stainless steel sheets, coils and plates. Subsequently it started its own manufacturing activity in the year 1996 by setting its first plant in the Union Territory of Dadra and Nagar Haveli with a capacity of 4000 MT per annum of welded stainless steel and seamless pipes & tubes. Considering the huge demand and future business potential it subsequently started its second unit at Umbergaon, Gujarat by setting a state of art manufacturing plant with the capacity of 8200 MT of welded stainless steel and seamless pipes & tubes in the year 2007. The company is amongst the premier and an established manufacturer of a wide range of SS pipes and tubes.

The company is a “Govt. Recognized Star Export House” exporting to several MNC’s into more than 40 countries across the Globe. Its products are exported to Countries round the globe. It  export its products to Countries like North America, South East Asia, Africa, Middle-East and Europe. It enjoys credible relationship with Aminco China LLC (China), A. Hadi (Saudi Arabia), Bronswerk Heat Transfer BV Nijkerk, (Netherlands), CT Co. (Egypt), Cunado (Spain), Gea process engg. SPA., Ssna, LLC (USA), S.A.S, (Norway), Serck Service Ltd. (Dubai) and STI Ltd., (UK).

Products

Prakash Steelage Ltd. specializes in meeting specific requirements of customers and offers complete solution for stainless steel welded & seamless pipes and tubes. The different products manufactured by the Company includes the following. The product varies depending on its type, shape and size.

  • S.S. Welded Tubes
  • S.S. Welded Pipes
  • S.S. Efw Pipes
  • S.S. Seamless Tubes
  • S.S. Seamless Pipes
  • Square
  • U Bend Tubing
  • S.S. Grades

Clientele:

The company’s top ten client base based on the sales value of the products supplied to them for the year ended March 31, 2010 are as follows:

  • BGR Energy Systems Limited
  • Bharat Heavy Electrical Ltd. Hyderabad
  • KBK Chemie Ltd.
  • Chandan Steel Ltd.
  • Kudos Chemie Ltd.
  • Mojj Engineering Systems Ltd.
  • Praj Industries Ltd.
  • Steelage Overseas Private Ltd.
  • Unitech Machine Ltd.
  • Top Honest INC.

Milestones:

  • 1991 - Incorporation of the Company
  • 1996 -  Started our first manufacturing unit at Silvassa with a capacity of 4000 MTPA
  • 1997 -  Converted into a public limited company
  • 2002 -  Awarded with ISO 9001 : 2000 for our unit at Silvassa
  • 2005 -  Recognized as Export house by the Government.
  • 2007 - Awarded with ISO 9001 : 2000 for our unit at Umbergaon
  • 2007 - Started our second ‘state of the art’ manufacturing facility at Umbergaon with a capacity of 8200 MTPA.
  • 2007 - Winner of Good housekeeping competition by Directorate of Industries safety & health, Government of Gujarat
  • 2008 - Certified as PED (Pressure Equipment Directive), AD – 2000 – Merkbatt W O EIL, Llyods & IBR Approved Company
  • 2008 - Awarded with TUV Certificate for our unit at Umbergaon by TUV Rheinland Industrie Service GmbH, Cologne, Germany
  • 2009 - Awarded with TUV Certificate for our unit at Silvassa by TUV Rheinland Industrie Service GmbH, Cologne, Germany
  • 2009 - Awarded with BS OHSAS 18001-2007 by RINA SpA, Genova, Italy
  • 2009 - Awarded with ISO-14001-2004 by RINA SpA, Genova, Italy
  • 2010 - Recognised as Star Export House by Government of India
  • 2010 - Vendor Approval from Kuwait National Petroleum Company (Kuwait)

Awards/ recognition

  • It is an ISO 9001-2008 certified Company, with a legacy of over 19 years of presence in the industry.
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×