Prakash Steelage Limited

About

Prakash Steelage Limited manufactures and trades in stainless steel welded pipes and tubes in India. The company offers large diameter pipes; welded instrumentation tubes; welded heat exchanger tubes; condenser tubes, and tubes for critical applications; and welded EFW pipes. It serves the boilers, automobiles, breweries, chemical and fertilizers, condensers, pharmaceuticals, and pump valves industries. The company exports its products. Prakash Steelage Limited was incorporated in 1991 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap67 Cr

P/E—

Div Yield0.00 %

Book Value₹6.31

52w High₹6.57

52w Low₹3.43

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	16.81	24.81	24.45	25.06	16.43	21.31	19.24	19.25	16.77	25.73	25.86	25.14	29.04
Expenses	16.37	24.50	23.77	24.76	15.98	20.62	18.02	19.05	17.34	25.68	24.58	24.10	27.83
Operating Profit	0.44	0.31	0.68	0.30	0.45	0.69	1.22	0.20	-0.57	0.05	1.28	1.04	1.21
OPM %	2.62	1.25	2.78	1.20	2.74	3.24	6.34	1.04	-3.40	0.19	4.95	4.14	4.17
Other Income	0.01	0.12	0.01	0.05	0.18	0.04	0.04	0.46	0.92	35.59	0.05	0.03	20.12
Depreciation	0.20	0.23	0.23	0.22	0.21	0.25	0.25	0.23	0.20	0.23	0.22	0.21	0.20
Interest	0.03	0.02	0.02	0.01	0.02	0.00	0.07	0.02	0.01	0.03	0.07	0.06	0.04
Profit before tax	0.22	0.18	0.44	0.12	0.40	0.48	0.94	0.41	0.14	35.38	1.04	0.80	21.09
Tax %	22.73	83.33	25.00	25.00	5.00	47.92	28.72	34.15	35.71	0.90	2.88	0.00	0.28
Net Profit	0.16	0.04	0.33	0.09	0.38	0.26	0.68	0.28	0.08	35.06	1.01	0.80	21.02
EPS in Rs	0.01	0.00	0.02	0.01	0.02	0.01	0.04	0.02	0.00	2.00	0.06	0.05	1.20

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	90.75	76.57	105.77	94.97	46.22	24.47	32.50	42.99	45.64	145.14	555.12	1,072.34
Expenses	89.01	75.03	102.19	92.48	40.19	26.70	28.86	40.25	44.50	190.87	590.32	1,005.25
Operating Profit	1.74	1.54	3.58	2.49	6.03	-2.23	3.64	2.74	1.14	-45.73	-35.20	67.09
OPM %	1.92	2.01	3.38	2.62	13.05	-9.11	11.20	6.37	2.50	-31.51	-6.34	6.26
Other Income	0.36	1.45	55.77	1.60	161.10	48.27	-2.41	13.45	-246.53	-91.35	-8.84	1.86
Interest	0.07	0.10	0.19	0.09	3.16	0.22	0.05	0.03	0.05	11.06	28.68	36.19
Depreciation	0.89	0.93	0.86	0.91	0.94	1.52	2.02	2.36	2.83	3.32	7.82	11.36
Profit before tax	1.14	1.96	58.30	3.09	163.03	44.30	-0.84	13.80	-248.27	-151.46	-80.54	21.40
Tax %	27.19	34.18	0.72	-34.30	-0.29	-14.58	-71.43	0.36	-3.02	0.06	1.13	34.30
Net Profit	0.84	1.30	57.89	4.15	163.50	50.76	-0.24	13.74	-240.76	-151.56	-81.44	14.06
EPS in Rs	0.05	0.07	3.31	0.24	9.34	2.90	-0.01	0.79	-13.76	-8.66	-4.65	0.80
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.22

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	17.50	17.50	17.50	17.50	17.50	17.50	17.50	17.50	17.50	17.50	17.50	17.50
Reserves	-7.77	-8.60	-9.78	-67.65	-71.78	-235.17	-285.85	-285.60	-299.28	-58.39	93.01	174.45
Borrowings	0.46	4.06	0.31	28.90	33.96	192.34	242.95	242.85	242.95	247.25	203.14	244.84
Other Liabilities	34.30	24.55	32.34	58.67	57.74	55.18	63.26	78.00	104.38	123.90	183.19	360.51
Total Liabilities	44.49	37.51	40.37	37.42	37.42	29.85	37.86	52.75	65.55	330.26	496.84	797.30
Fixed Assets	7.20	5.42	5.52	5.88	6.33	9.43	10.82	12.61	16.30	13.68	19.37	80.91
CWIP	0.00	0.00	0.35	0.00	0.00	0.00	0.00	0.00	0.00	5.62	4.58	1.25
Investments	0.00	0.00	0.00	0.00	0.00	0.00	3.25	3.25	3.25	3.25	3.35	0.40
Other Assets	37.29	32.09	34.50	31.54	31.09	20.42	23.79	36.89	46.00	307.71	469.54	714.74
Total Assets	44.49	37.51	40.37	37.42	37.42	29.85	37.86	52.75	65.55	330.26	496.84	797.30

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	6.61	-3.33	29.20	6.09	37.86	0.48	0.14	-20.47	0.55	-54.35	24.97	51.42
Cash from Investing Activity	-2.89	-0.45	-0.67	-0.53	-0.17	50.58	-0.21	20.47	3.99	21.03	44.94	-0.55
Cash from Financing Activity	-3.66	3.69	-28.94	-5.16	-37.58	-50.86	0.06	-0.14	-4.35	33.16	-71.46	-58.32
Net Cash Flow	0.06	-0.09	-0.42	0.40	0.11	0.20	-0.01	-0.14	0.19	-0.17	-1.55	-7.45
Free Cash Flow	3.61	-3.81	28.50	5.63	37.62	0.35	-0.10	-20.60	2.21	-50.92	67.17	41.21
CFO/OP %	418.00	-185.00	811.00	250.00	630.00	-25.00	-57.00	-746.00	50.00	118.00	-74.00	86.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	69.86	55.53	41.41	39.74	30.80	89.65	100.07	117.93	183.14	343.32	196.36	124.45
Inventory Days	78.88	101.47	74.81	72.88	255.37	180.26	207.18	94.79	76.73	38.48	29.85	102.18
Days Payable	135.71	114.61	110.58	243.69	661.23	912.13	941.23	918.37	917.49	216.81	77.72	121.79
Cash Conversion Cycle	13.03	42.39	5.64	-131.07	-375.06	-642.22	-633.99	-705.65	-657.61	164.99	148.49	104.84
Working Capital Days	6.07	10.34	1.14	-224.60	-485.03	-3,389.86	-3,099.92	-2,371.27	-2,372.90	-148.02	80.84	51.56
ROCE %	10.45	19.63	—	—	—	—	—	—	0.06	-12.59	-8.92	14.76

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	33.56	33.56	33.56	33.56	33.56	33.56	33.55	33.55	33.52	33.52	33.51	33.48
FIIs	0.00	0.00	0.00	0.00	0.16	0.00	0.00	0.00	0.06	0.08	0.00	0.00
Public	66.46	66.45	66.44	66.44	66.29	66.44	66.44	66.45	66.41	66.40	66.34	66.38
No. of Shareholders	151,327	153,992	157,335	159,800	163,099	165,630	165,045	155,594	151,951	152,747	119,612	106,626

Corporate Actions

15 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	20 Sep 2024	—	—	—	Annual General Meeting
Other	20 Sep 2023	—	—	—	Annual General Meeting
Other	21 Sep 2022	—	—	—	Annual General Meeting
Other	20 Sep 2021	—	—	—	Annual General Meeting
Other	15 Dec 2020	—	—	—	Annual General Meeting
Other	16 Sep 2019	—	—	—	Annual General Meeting
Other	19 Sep 2018	—	—	—	Annual General Meeting
Other	21 Sep 2017	—	—	—	Annual General Meeting
Other	22 Sep 2016	—	—	—	Annual General Meeting
Split	03 Mar 2016	04 Mar 2016	10:1	—
Dividend	21 Sep 2015	—	—	0.50
Dividend	11 Sep 2014	—	—	1.00
Dividend	07 Aug 2013	—	—	1.00
Dividend	07 Aug 2012	—	—	1.00
Dividend	08 Aug 2011	—	—	1.00