Prakash Industries
- Market cap
- ₹ 1,972 Cr.
- P/E
- 5.2x
- P/B
- 0.59x
- 52-week range
- 110.02 – 172.9
- ROE
- 10%
- ROCE
- 10%
- Dividend yield
- 1.5%
- Debt / equity
- 0.14
- Sector
- Ferrous Metals
- Industry
- Iron & Steel
- Listed on
- NSE, BSE
About
Prakash Industries Limited is an India-based company, which is engaged primarily in the business of manufacture and sale of steel products and generation of power. It operates in iron and steel segments. The Company is also engaged in iron ore and coal mining businesses. The Company is involved in extraction of iron ore from Sirkaguttu Mine in Keonjhar district of Odisha. The Company is also focused on operating Bhaskarpara Coal Mine in Chhattisgarh. The Company's products include sponge iron, ferro alloys, Steel Blooms and Billets, TMT Bars, Wire Rods, and HB Wires. It operates a captive power plant to meet the requirement of power in steel making at its Integrated Steel Plant using Waste Heat Recovery Boilers and Fluidized Bed Boilers. The Company has also set up Wind Power Generating Farms at Muppandal in the state of Tamil Nadu.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel: 15 companies →Prakash Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.2 against a typical 14.3: cheaper than most peers (1st = cheapest).3rd of 15
- Sales growth−0.5% against a typical +16.3% from a year earlier.12th of 14
- Profit growth−22% against a typical +25.7% from a year earlier.12th of 12
- Share price, 3 months−11.4% against a typical −9.3%.10th of 15
- Size₹ 1,972.3 Cr. market value against a typical ₹ 8,906.7 Cr. (1st = largest).10th of 14
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BB+ | Stable | 12 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 12 Feb 2026 | ▲ Upgrade | CARE BB+ | — | CARE | ₹ 60.96 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 22 May 2026 | Financial Results/Dividend | To consider and approve Audited Financial Results for the quarter and year ended 31st March, 2026 and to consider and recommend dividend, if any on the equity shares of the Company for the financial year ended 31st March, 2026 |
| 14 Feb 2026 | Financial Results | To consider and approve the unaudited financial results for the period ended December 31, 2025 |
| 18 Dec 2025 | Other business matters | To consider other business matters |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 889 | 885 | 890 | 1,167 | 1,077 | 926 | 845 | 1,037 | 723 | 799 | 920 | 1,032 |
| Expenses | 761 | 762 | 767 | 1,035 | 946 | 801 | 713 | 899 | 615 | 674 | 777 | 885 |
| Operating Profit | 128 | 123 | 123 | 132 | 131 | 125 | 132 | 138 | 108 | 124 | 143 | 147 |
| OPM % | 14% | 14% | 14% | 11% | 12% | 13% | 16% | 13% | 15% | 16% | 16% | 14% |
| Other Income | 16 | 7 | 11 | 6 | 6 | 7 | 7 | 6 | 6 | 12 | 6 | 7 |
| Interest | 17 | 12 | 10 | 12 | 11 | 12 | 11 | 11 | 10 | 9 | 14 | 18 |
| Depreciation | 38 | 38 | 37 | 35 | 36 | 36 | 36 | 42 | 42 | 42 | 42 | 43 |
| Profit before tax | 89 | 81 | 87 | 90 | 90 | 84 | 91 | 91 | 62 | 84 | 93 | 93 |
| Tax % | 0% | 0% | −2% | 0% | 0% | 0% | 0% | 0% | 0% | −3% | 0% | 23% |
| Net Profit | 89 | 81 | 89 | 90 | 90 | 84 | 91 | 91 | 62 | 87 | 93 | 71 |
| EPS in Rs | 4.99 | 4.5 | 4.96 | 5.05 | 5.05 | 4.68 | 5.07 | 5.1 | 3.44 | 4.85 | 5.21 | 3.98 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 5%
- 5 Years
- 2%
- 3 Years
- 0%
- TTM
- −11%
- 10 Years
- 30%
- 5 Years
- 29%
- 3 Years
- 21%
- TTM
- −12%
- 10 Years
- 11%
- 5 Years
- 14%
- 3 Years
- 10%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Prakash Industries | ₹ 111.61 | ₹ 1,972 Cr. | 5.2x | 0.6x | 10% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Ved Prakash Agarwal
- Executive Chairman of the Board
- Prashant Gupta
- Chief Financial Officer
- Arvind Mahla
- Compliance Officer, Company Secretary
- Arvind ..
- Compliance Officer
- Vikram Agarwal
- Managing Director, Executive Director
- Kanha Agarwal
- Joint Managing Director, Director
- Sanjay Jain
- Additional Whole-Time Director, Director (Operations)
Prices are delayed and for information only. Nothing on this page is investment advice.