Prakash Steelage Limited (PRAKASHSTL) AI Stock Analysis

• Market Cap: ₹1.01B
• Dividend Yield: N/A
• Average Volume (3M): 65.30K
• Price to Earnings (P/E): 67.2
• Beta (1Y): 1.37
• Revenue Growth: -18.48%
• EPS Growth: -95.92%
• Country: IN
• Employees: 72
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Steel
• EPS (TTM): 0.02
• Shares Outstanding: 175,000,380
• 10 Day Avg. Volume: 54,751
• 30 Day Avg. Volume: 65,301
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹5.50
• Price Target Upside: -4.35% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 37 Underperform
• Price Target: ₹5.50 ▼(-4.35% Downside)

Prakash Steelage Limited presents financial instability with high leverage and weak cash flow, severely impacting its stock score. Technical indicators reflect bearish trends and potential oversold conditions, while a high P/E ratio suggests overvaluation. The absence of earnings call insights and dividend yield further contribute to the low overall score.

Prakash Steelage Limited Business Overview & Revenue Model

Company Description

Prakash Steelage Limited (PRAKASHSTL) is a prominent company in the steel industry, specializing in the manufacturing and export of stainless steel welded pipes, tubes, and allied products. The company serves various sectors including oil and gas, petrochemicals, pharmaceuticals, food processing, and power generation, providing high-quality and durable stainless steel solutions tailored to meet the diverse needs of its clients.

How the Company Makes Money

Prakash Steelage Limited generates revenue primarily through the sale of its stainless steel products, such as welded pipes and tubes. These products are widely used in industries requiring high-performance materials, contributing to consistent demand. The company capitalizes on its advanced manufacturing facilities and robust distribution network to deliver products domestically and internationally. Additionally, strategic partnerships and long-term contracts with key players in sectors like oil and gas and pharmaceuticals further bolster its revenue streams. Innovation in product development and expansion of its market reach also play crucial roles in enhancing its profitability.

Prakash Steelage Limited Financial Statement Overview

Summary

Prakash Steelage Limited faces significant financial challenges, including declining revenue and profitability, high leverage, and negative equity. The cash flow position is weak, indicating liquidity issues. The company's financial health needs substantial improvement to ensure future stability and growth.

Income Statement

Prakash Steelage Limited shows a volatile revenue trend with recent annual revenue decreasing significantly from the previous year. Net profit margin has improved recently but remains inconsistent over the years. The EBIT and EBITDA margins are low, indicating operational challenges.

Balance Sheet

The company's debt-to-equity ratio is extremely high, reflecting significant leverage and potential financial instability. Stockholders' equity has been negative in recent years, indicating financial distress. The equity ratio is concerning, highlighting a reliance on debt financing.

Cash Flow

Free cash flow has deteriorated, with the company showing a negative trend recently, reflecting challenges in liquidity management. The operating cash flow is negative, which raises concerns about the company's ability to sustain operations without external financing.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	765.69M	1.06B	949.74M	460.97M	238.82M
Gross Profit	88.37M	145.03M	132.02M	133.47M	23.49M
EBITDA	29.91M	593.55M	58.34M	70.76M	460.39M
Net Income	12.96M	578.87M	41.46M	1.64B	507.59M
Balance Sheet
Total Assets	375.20M	403.61M	374.14M	374.20M	298.48M
Cash, Cash Equivalents and Short-Term Investments	7.39M	3.52M	15.46M	3.70M	2.60M
Total Debt	40.58M	3.07M	289.01M	339.58M	1.92B
Total Liabilities	286.17M	326.44M	875.67M	916.95M	2.48B
Stockholders Equity	89.03M	77.17M	-501.53M	-542.75M	-2.18B
Cash Flow
Free Cash Flow	-38.30M	283.54M	56.10M	373.40M	3.98M
Operating Cash Flow	-33.49M	292.03M	60.88M	378.58M	5.41M
Investing Cash Flow	-5.10M	-6.74M	-5.28M	-1.66M	504.90M
Financing Cash Flow	37.71M	-289.44M	-51.63M	-375.82M	-508.33M

Prakash Steelage Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PRAKASHSTL, the sentiment is Negative. The current price of 5.75 is below the 20-day moving average (MA) of 5.95, below the 50-day MA of 6.15, and below the 200-day MA of 7.18, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 34.12 is Neutral, neither overbought nor oversold. The STOCH value of 26.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PRAKASHSTL.

Prakash Steelage Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HISARMETAL	63 Neutral	₹1.03B	37.55		0.50%	0.22%	-50.63%
Sector *	59 Neutral	kr30.17B	0.02	-5.14%	3.50%	2.33%	-25.14%
MANGALAM	58 Neutral	₹1.16B	19.78		―	-16.39%	-409.96%
ZENITHSTL	47 Neutral	₹1.15B	―		―	―	―
SALSTEEL	45 Neutral	₹1.33B	68.82		―	-5.98%	-1493.90%
PRAKASHSTL	37 Underperform	₹1.01B	67.17		―	-18.48%	-95.92%