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Prakash Industries Ltd. Stock Analysis

Small Cap
Evaluated by 2711 users | BSE: 506022 | NSE: PRAKASH |
Steel & Iron Products
Prakash Industries incorporated in 1980, has diverse range of business. Being part of Surya Roshni group, company is founded by Shri B.D.Agarwal. The company has received various certifications such as ISO 9001:2000, ISO-14001:2004 and OHSAS-18001:2007 for its Quality management.Business...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 13.31%10.43%6.85%6.88%7.16%2.42%4.44%13.5%17.42%5.26%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,6642,1072,5112,5972,8362,0532,1742,9353,5882,974
Y-o-Y Gr. Rt.-26.6%19.2%3.4%9.2%-27.6%5.9%35%22.2%-17.1%
Adjusted EPS (Rs.) 19.7719.9312.2512.8613.621.765.8824.633.316.9
Y-o-Y Gr. Rt.-0.8%-38.5%5%5.9%-87.1%234.1%318.4%35.4%-79.3%
Book Value per Share (Rs.) 116.54135.29146.31157.6156.49158.93159.72169.59169.49169.58
Adjusted Net Profit 26626816517318323.781.8386544118
Net Op. Cash Flow (Rs. Cr.) 143260193314232242269476696388
Debt to Cash Flow from Ops 4.733.724.783.043.943.393.221.720.951.47
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Prakash Industries Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.7%1%11%-17.1%
Adjusted EPS -11%-12.7%5.5%-79.3%
Book Value per Share 4.31.620.1
Share Price 2.6% 9.2% -32.1% 0.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 16.8914.588.137.998.261.093.7515.5719.474.1
Operating Profit Margin (%) 20.4617.3612.9914.4714.459.3412.1519.8821.9711.77
Net Profit Margin (%) 15.9812.726.566.666.461.153.7613.1515.173.97
Debt to Equity 0.430.530.470.450.430.380.390.310.240.2
Working Capital Days 1029787938611896696781
Cash Conversion Cycle 24323031262923191924
Entity Percentage Holding
Promoters 42.04%
Institutions 3.14%
Non-Institutions 54.82%
Pledged *77.2962.6364.6252.6546.5745.2245.2260.4859.7254.90
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Prakash Industries Ltd.'s performance infers:

Prakash Industries Ltd. earnings have declined by -12.7%, whereas share price has appreciated 9.2% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Prakash Industries Ltd. share prices over the last 10 years. Here is what we found out:

Prakash Industries Ltd. share price has appreciated -8.2% annually over the past ten years.

Prakash Industries incorporated in 1980, has diverse range of business. Being part of Surya Roshni group, company is founded by Shri B.D.Agarwal. The company has received various certifications such as ISO 9001:2000, ISO-14001:2004 and OHSAS-18001:2007 for its Quality management.

Business areas

Mining and Crushing- Company’s mining and crushing division is located in District Sundargarh of Orissa. Company has received iron ore mines namely Nergaon and Metabodali

Prakash Industries incorporated in 1980, has diverse range of business. Being part of Surya Roshni group, company is founded by Shri B.D.Agarwal. The company has received various certifications such as ISO 9001:2000, ISO-14001:2004 and OHSAS-18001:2007 for its Quality management.

Business areas

Mining and Crushing- Company’s mining and crushing division is located in District Sundargarh of Orissa. Company has received iron ore mines namely Nergaon and Metabodali by the state Government located in state of Orissa. Company owns two captive coal blocks namely Chotia and Madanpur in Hasdeo-Arand coal fields.

Sponge Iron- Company manufactures sponge iron that has high metallic iron content with a consistent quality. It manufactures Sponge Iron from Rotary Kilns and waste gases generating from Rotary Kilns are utilized for generation of power in its captive power unit.

Steel Blooms/Billets/ Ingots- Company manufactures steel through Induction Furnace process for this the raw materials required are Sponge Iron, Pig Iron and MS scrap. Company produces blooms and billets of different sizes.

Steel Structural- Company’s Raipur Plant is engaged in manufacturing of steel structural of different. Under this it produces medium flange beams, heavy weight beams / columns, medium weight channels (sloping flange) and equal leg angle sections.

Wire Rods and HB wires- Company Raipur unit has manufacturing capacity of 180000 TPA of wire rod. It manufactures wire rods 5.5 mm and 8mm of diameter. Company HB wire manufacturing capacity is 60000 TPA ranging from 6 gauge to 14 Gauge.

Ferro Alloys- Company manufactures a ferro alloy which is produced in submerged Arc furnaces. Company produces this products ranging from 10 to 150 mm.

PVC Pipes- Company manufactures PVC pipes catering various segments such as irrigation, sewerages and other purposes. Company’s production facilities are located at Kashipur (Uttaranchal) and Rayya (Punjab) and have a combined capacity of 15000 MTPA.

Export- Company exports iron ore and silico manganese for which the units are located at Haldia and Champa.

Awards

Prakash Industries Ltd. has bagged many prestigious awards like:-

  •  -Greentech Enviroment Silver Award 2011 in Metal & Mining sector for outstanding achievement in Environment Management at Champa, Chhattisgarh
  • -Green Tech Safety Award 2010 for the integrated steel plant at champa by Greentech Foundation
  • -Green Tech Safety Award 2010 for the Captive Coal Mines at Chotia by Greentech Foundation
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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