Prashant India Ltd - Stock Valuation and Financial Performance

BSE: 519014 | NSE: | Textile | Small Cap

Prashant India Share Price

14.25 0.00 0.00%
as on 15-Apr'24 15:30

DeciZen - make an informed investing decision on Prashant India

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Prashant India stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
5.7 Cr.
52-wk low:
7.1
52-wk high:
15.5

Is Prashant India Ltd an attractive stock to invest in?

1. Is Prashant India Ltd a good quality company?

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

2. Is Prashant India Ltd undervalued or overvalued?

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

3. Is Prashant India Ltd a good buy now?

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

10 Year X-Ray of Prashant India:

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.
Prashant India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -35.5%-26.6%-26.1%3%-5.1%25%5.2%-5.3%-6.6%-9.1%-
Value Creation
Index
NANANA-0.8NA0.8-0.6NANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.40.40.41.31.51.11.60.8110
Sales YoY Gr.--14.6%17.1%214.6%14%-28.6%50.5%-48.7%28.4%-4.8%-
Adj EPS -2.1-1.3-1.20.1-0.21.10.3-0.3-0.4-0.5-1
YoY Gr.-NANANA-281.8%NA-75.4%-207.1%NANA-
BVPS (₹) -77.9-78-79-78.8-79.1-76.4-76.2-76.2-76.5-77.1-77.6
Adj Net
Profit
-0.9-0.6-0.50.1-0.10.50.1-0.1-0.2-0.20
Cash Flow from Ops. 000.1000000.2-0.2-
Debt/CF from Ops. 1039.52879.6397.9-1335.82903.41009-1470.2-1761.7222.3-168.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.3%-7.6%-14.4%-4.8%
Adj EPS NANA-217.1%NA
BVPSNANANANA
Share Price - - 141.6% 61%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.81.71.5-0.10.3-1.5-0.40.40.50.61.3
Op. Profit
Mgn %
-83.7-104.7-117.214.9-9.2-31.84.5-24.9-9.3-12.6-37.2
Net Profit
Mgn %
-220.7-159-121.33.8-5.945.97.5-15.7-14.7-19.2-90.3
Debt to
Equity
-1.1-1.1-1.1-1.1-1.1-1.1-1.1-1.1-1.1-1.1-
Working Cap
Days
1,081904543171196214122292179139219
Cash Conv.
Cycle
3691754336377431335316-35,886

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.30%

Sales growth has been subdued in last 3 years -14.43%

Sales growth is not so good in last 4 quarters at -63.27%

Latest Financials - Prashant India Ltd.

Standalone Consolidated
TTM EPS (₹) -1 -
TTM Sales (₹ Cr.) 0.5 -
BVPS (₹.) -77.6 -
Reserves (₹ Cr.) -37 -
P/BV -0.17 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 7.10 / 15.50
All Time Low / High (₹) 0.75 / 120.00
Market Cap (₹ Cr.) 5.7
Equity (₹ Cr.) 4.2
Face Value (₹) 10
Industry PE 29.4

Management X-Ray of Prashant India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Prashant India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales0.410.350.411.291.471.051.580.811.040.99
Operating Expenses 0.750.710.891.101.611.391.511.011.141.11
Manufacturing Costs0.400.310.210.700.860.730.920.560.660.62
Material Costs0.0100.0600.020.030.0400.010.01
Employee Cost 0.190.090.100.200.500.420.370.240.260.25
Other Costs 0.150.320.500.190.240.210.180.210.210.24
Operating Profit -0.34-0.37-0.480.19-0.13-0.340.07-0.20-0.10-0.12
Operating Profit Margin (%) -83.7%-104.0%-117.0%14.9%-9.2%-31.8%4.5%-24.9%-9.3%-12.6%
Other Income 0.160.060.170.100.151.990.150.120.050.05
Interest 0000000000
Depreciation 0.660.460.100.230.100.550.100.100.100.09
Exceptional Items 00.71000000.18-0.01-0.08
Profit Before Tax -0.83-0.06-0.420.06-0.091.110.120-0.16-0.24
Tax 0000000000
Profit After Tax -0.83-0.06-0.420.06-0.091.110.120-0.16-0.24
PAT Margin (%) -205.0%-17.2%-102.0%4.6%-5.9%105.2%7.5%0.0%-15.1%-24.7%
Adjusted EPS (₹)-2.0-0.1-1.00.1-0.22.60.30.0-0.4-0.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -32.98-33.04-33.45-33.39-33.48-32.37-32.25-32.25-32.41-32.65
Share Capital 4.244.244.244.244.244.244.244.244.244.24
Reserves -37.21-37.27-37.69-37.63-37.72-36.61-36.49-36.49-36.65-36.89
Minority Interest0000000000
Debt35.0335.1335.1335.1335.1334.6134.6134.6134.6134.61
Long Term Debt29.0129.0129.0129.0129.0128.6628.66000
Short Term Debt6.026.126.126.126.125.955.9534.6134.6134.61
Trade Payables0.120.190.100.150.210.050.070.110.080.06
Others Liabilities 1.151.051.351.241.290.260.270.070.070.04
Total Liabilities 3.333.333.123.133.142.552.692.542.342.05

Fixed Assets

Gross Block20.9520.8320.5919.8819.9017.9917.9917.9917.6912.71
Accumulated Depreciation18.6618.291817.5717.6615.8915.9916.0915.9011.25
Net Fixed Assets2.302.542.592.322.242.1021.901.791.46
CWIP 0000000000
Investments 0000000000
Inventories00.01000.050.050.020.020.030.02
Trade Receivables0.340.100.120.380.420.090.360.340.080.09
Cash Equivalents 0.040.050.060.080.060.060.030.010.160.24
Others Assets0.650.640.350.350.370.260.290.260.290.25
Total Assets 3.333.333.123.133.142.552.692.542.342.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.030.010.09-0.030.010.03-0.02-0.020.16-0.21
PBT -0.83-0.06-0.420.06-0.091.110.120-0.16-0.24
Adjustment 0.66-0.260.030.220.10-0.340.100.100.100.09
Changes in Working Capital 0.210.340.48-0.30-0.73-0.24-0.120.22-0.05
Tax Paid 0000000000
Cash Flow From Investing Activity 00.02-0.070.05-0.020.4900-0.010.29
Capex 00.02-0.070.05-0.020.49000.010.24
Net Investments 0000000000
Others 00000000-0.020.04
Cash Flow From Financing Activity -0.02-0.030-0.02-0.01-0.530000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00000-0.350000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -0.02-0.030-0.02-0.01-0.180000
Net Cash Flow 0.0200.020.01-0.01-0.01-0.02-0.020.150.08
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.110.10.130.410.470.370.60.310.430.45
PAT to CFO Conversion(x)N/AN/AN/A-0.5N/A0.03-0.17N/AN/AN/A
Working Capital Days
Receivable Days39423099719988521587532
Inventory Days060012167988
Payable Days5,809081404,1641,6226139,0204,3274,698

Prashant India Ltd Stock News

Prashant India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prashant India on 15-Apr-2024 15:30 is ₹14.25.
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 15-Apr-2024 15:30 the market cap of Prashant India stood at ₹5.73.
The latest P/E ratio of Prashant India as of 15-Apr-2024 15:30 is 0.00.
The latest P/B ratio of Prashant India as of 15-Apr-2024 15:30 is -0.17.
The 52-week high of Prashant India is ₹15.50 and the 52-week low is ₹7.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prashant India is ₹0.46 ( Cr.) .

About Prashant India Ltd

M/s. Prashant India Limited (PIL) was originally incorporated on November 23, 1983 as a private limited company under the name of M/s. Prashant Protiens Pvt. Ltd. with the Registrar of Companies, Gujarat and had obtained certificate of commencement on the same day. The company was subsequently converted into public limited company under the name of M/s. Prashant Proteins Ltd. by passing a special resolution under the Companies Act, 1956.

M/.s Prashant Proteins Ltd. as a public limited company came out with a public issue had received overwhelming response from investors. Thereafter, the company has further changed its name to M/s. Prashant India Ltd. in 1995.

M/s Prashant India Ltd. has been promoted by Shri Prabhudas M. Gondalia, a businessman & entrepreneur. The registered office of the company is at Block no.456, N.H.8, Village, Palsana, Dist. Surat, Gujarat.

The main object of the company is to carry on the business as manufacturers, sellers and exporters of Agro Products, Textiles, Wind Power Generation, etc. The company commenced commercial production in March, 1984.

The company set up Agro unit at Bhavnagar, Gujarat in the year 1984 with manufacturing facility including oil mill, solvent extraction plant and oil refinery. The company set up Textile unit at Village- Palasana, Dist. Surat, Gujarat in the year 1994 with manufacturing facility of sizing, texturising and twisting of yarn with annual production capacity of 1650 MT, 2010 MT and 210 MT respectively. The Company's Wind Farm unit is located at Village - Dhank, Dist. Rajkot, Gujarat in the year 1995.

Business area of the company

The company is engaged in Textile and Wind Power Generation.

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