Want to see IN:PRAKASH full AI Analyst Report?
Top Page
Prakash Industries Limited
(PRAKASH)
Select Model
Select Model
Rating:67Neutral
Price Target:
₹122.00
▼(-14.95% Downside)
Action:Reiterated
Date:10/17/26
The score is driven primarily by solid financial position and improved profitability, offset by weak/volatile cash generation with negative free cash flow in the last two years. Valuation is a clear positive due to the low P/E and dividend yield, while technicals are only moderately supportive given mixed momentum and the price still below longer-term moving averages.
Positive Factors
Conservative balance sheet
Material debt reduction alongside growing equity strengthens financial resilience and reduces balance-sheet pressure. Low leverage gives Prakash greater capacity to withstand cyclical steel conditions, fund operations, and pursue reinvestment without relying heavily on additional borrowing.
Negative Factors
Negative free cash flow
Negative free cash flow reduces the cash available for dividends, debt reduction, and internally funded growth despite reported accounting profits. If sustained, this mismatch can limit financial flexibility and make future investment more dependent on working-capital release or external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Material debt reduction alongside growing equity strengthens financial resilience and reduces balance-sheet pressure. Low leverage gives Prakash greater capacity to withstand cyclical steel conditions, fund operations, and pursue reinvestment without relying heavily on additional borrowing.
Read all positive factors
Prakash Industries Limited (PRAKASH) vs. iShares MSCI India ETF (INDA)
Market Cap
₹20.12B
Dividend Yield1.6%
Average Volume (3M)33.52K
Price to Earnings (P/E)6.4
Beta (1Y)1.13
Revenue Growth-10.58%
EPS Growth-12.16%
CountryIN
Employees2,708
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)17.48
Shares Outstanding179,081,830
10 Day Avg. Volume37,934
30 Day Avg. Volume33,516
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)0.55
Price to Sales (P/S)0.57
P/FCF Ratio-16.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Prakash Industries Limited Business Overview & Revenue Model
Company Description
Prakash Industries Limited is an Indian company that operates with an integrated approach across both the steel manufacturing and power generation sectors. Its comprehensive steel product line includes essential materials such as sponge iron, stee...
How the Company Makes Money
Prakash Industries primarily makes money by manufacturing and selling steel products. Its core revenue stream comes from sales of steel and related outputs to customers, with earnings driven by sales volumes, realized selling prices, and input-cos...
Prakash Industries Limited Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
82
Very Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 34.74B | 34.79B | 40.14B | 36.78B | 34.44B | 39.29B |
| Gross Profit | 9.59B | 8.93B | 11.78B | 9.90B | 8.33B | 8.61B |
| EBITDA | 5.35B | 5.43B | 5.45B | 5.51B | 4.15B | 3.97B |
| Net Income | 3.13B | 3.33B | 3.55B | 3.48B | 1.90B | 1.69B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 47.53B | 44.85B | 40.59B | 42.51B | 39.12B |
| Cash, Cash Equivalents and Short-Term Investments | 1.95B | 1.95B | 2.76B | 2.76B | 2.98B | 189.80M |
| Total Debt | 0.00 | 5.15B | 4.23B | 3.62B | 5.99B | 5.48B |
| Total Liabilities | -35.88B | 11.64B | 11.66B | 10.35B | 12.97B | 11.00B |
| Stockholders Equity | 35.88B | 35.88B | 33.19B | 30.24B | 29.54B | 28.12B |
Cash Flow | ||||||
| Free Cash Flow | 676.20M | -1.22B | -327.70M | 1.38B | 1.27B | 2.10B |
| Operating Cash Flow | 2.01B | 2.65B | 1.42B | 6.01B | 5.85B | 3.50B |
| Investing Cash Flow | -1.06B | -3.38B | -1.26B | -3.20B | -5.45B | -2.99B |
| Financing Cash Flow | -952.20M | 650.70M | 21.20M | -2.88B | -379.10M | -592.60M |
Prakash Industries Limited Technical Analysis
Negative
143.45
Price Trends
120.57
Negative
125.58
Negative
128.72
Negative
Market Momentum
-2.01
Positive
41.90
Neutral
18.58
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRAKASH, the sentiment is Negative. The current price of 143.45 is above the 20-day moving average (MA) of 117.46, above the 50-day MA of 120.57, and above the 200-day MA of 128.72, indicating a bearish trend. The MACD of -2.01 indicates Positive momentum. The RSI at 41.90 is Neutral, neither overbought nor oversold. The STOCH value of 18.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRAKASH.
Prakash Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹600.02B | 46.05 | ― | 0.39% | 15.83% | 24.85% | |
67 Neutral | ₹20.12B | 6.42 | ― | 1.60% | -10.58% | -12.16% | |
67 Neutral | ₹146.03B | 26.52 | ― | 0.88% | -0.73% | -60.06% | |
66 Neutral | ₹22.51B | 7.75 | ― | 2.20% | 0.82% | -59.07% | |
65 Neutral | ₹162.60B | 37.55 | ― | 0.43% | -16.30% | -24.14% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | ₹16.77B | 44.44 | ― | 0.88% | 4.03% | ― |
* General Sector Average
IN:PRAKASH
Prakash Industries Limited
112.35
-49.71
-30.67%
IN:APLAPOLLO
APL Apollo Tubes Limited
2,161.00
376.27
21.08%
IN:JINDALSAW
Jindal Saw Limited
228.35
54.65
31.46%
IN:MAITHANALL
Maithan Alloys Ltd.
773.30
-307.93
-28.48%
IN:MSPL
MSP Steel & Power Limited
29.58
-3.95
-11.78%
IN:RATNAMANI
Ratnamani Metals & Tubes Ltd.
2,319.85
-97.10
-4.02%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.