Reported Earnings • May 29
Full year 2026 earnings released: EPS: ₹0.05 (vs ₹0.074 in FY 2025) Full year 2026 results: EPS: ₹0.05 (down from ₹0.074 in FY 2025). Revenue: ₹911.1m (up 19% from FY 2025). Net income: ₹8.39m (down 35% from FY 2025). Profit margin: 0.9% (down from 1.7% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • May 22
Prakash Steelage Limited to Report Q4, 2026 Results on May 28, 2026 Prakash Steelage Limited announced that they will report Q4, 2026 results on May 28, 2026 Buy Or Sell Opportunity • Apr 01
Now 22% overvalued Over the last 90 days, the stock has fallen 25% to ₹4.08. The fair value is estimated to be ₹3.35, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has declined by 72%. Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.04 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.02 (down from ₹0.04 in 3Q 2025). Revenue: ₹244.7m (up 27% from 3Q 2025). Net income: ₹3.35m (down 51% from 3Q 2025). Profit margin: 1.4% (down from 3.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Feb 09
Prakash Steelage Limited to Report Q3, 2026 Results on Feb 13, 2026 Prakash Steelage Limited announced that they will report Q3, 2026 results on Feb 13, 2026 New Risk • Dec 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.7% net profit margin). Market cap is less than US$100m (₹1.05b market cap, or US$11.7m). Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹4.98, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. Negligible returns to shareholders over past three years. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: ₹0.003 (vs ₹0.02 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.003 (down from ₹0.02 in 2Q 2025). Revenue: ₹251.1m (up 30% from 2Q 2025). Net income: ₹872.0k (down 69% from 2Q 2025). Profit margin: 0.3% (down from 1.4% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Nov 08
Prakash Steelage Limited to Report Q2, 2026 Results on Nov 13, 2025 Prakash Steelage Limited announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Oct 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹883.8m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹883.8m market cap, or US$9.97m). Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin). Announcement • Sep 02
Prakash Steelage Limited, Annual General Meeting, Sep 26, 2025 Prakash Steelage Limited, Annual General Meeting, Sep 26, 2025, at 15:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2026 earnings released First quarter 2026 results: EPS: ₹0.02. Revenue: ₹164.3m (down 2.0% from 1Q 2025). Net income: ₹3.81m (up 348% from 1Q 2025). Profit margin: 2.3% (up from 0.5% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Prakash Steelage Limited to Report Q1, 2026 Results on Aug 11, 2025 Prakash Steelage Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹0.07 (vs ₹3.31 in FY 2024) Full year 2025 results: EPS: ₹0.07 (down from ₹3.31 in FY 2024). Revenue: ₹780.2m (down 26% from FY 2024). Net income: ₹13.0m (down 98% from FY 2024). Profit margin: 1.7% (down from 55% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • May 26
Prakash Steelage Limited Announces Company Secretary and Compliance Officer Changes Prakash Steelage Limited at its board meeting held on May 19, 2025, noted Resignation of Mr. Himanshu Sethia from the post of Company Secretary and Compliance Officer of the Company effective June 02, 2025 (closure of Business Hours) and approved the Appointment of Ms. Sakshi Dinesh Faganiya as the Company Secretary and Compliance Officer of the Company effective June 03, 2025. Ms. Sakshi Dinesh Faganiya is a Commerce Graduate and a Member ofInstitute of Company Secretaries of India She has about experience of around 2 years in the field of Corporate Secretarial function. Prior to joining she was associated with Dhrumil M Shah & Co. LLP as a Management Trainee. Announcement • May 19
Prakash Steelage Limited to Report Q4, 2025 Results on May 26, 2025 Prakash Steelage Limited announced that they will report Q4, 2025 results on May 26, 2025 Reported Earnings • Feb 11
Third quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.06 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.04 (down from ₹0.06 in 3Q 2024). Revenue: ₹192.8m (down 26% from 3Q 2024). Net income: ₹6.76m (down 33% from 3Q 2024). Profit margin: 3.5% (down from 3.9% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Feb 01
Prakash Steelage Limited to Report Q3, 2025 Results on Feb 10, 2025 Prakash Steelage Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 10, 2025 Recent Insider Transactions • Nov 27
Founder recently bought ₹81k worth of stock On the 25th of November, Prakash Kanugo bought around 10k shares on-market at roughly ₹8.09 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹182k. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹788k worth in shares. Announcement • Nov 09
Prakash Steelage Limited to Report Q2, 2025 Results on Nov 13, 2024 Prakash Steelage Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Recent Insider Transactions • Sep 14
Founder recently bought ₹182k worth of stock On the 10th of September, Prakash Kanugo bought around 20k shares on-market at roughly ₹9.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹854k worth in shares. Board Change • Sep 12
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Non Executive Independent Director Shweta Mundra was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 05
Prakash Steelage Limited, Annual General Meeting, Sep 27, 2024 Prakash Steelage Limited, Annual General Meeting, Sep 27, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released First quarter 2025 results: Revenue: ₹176.9m (down 39% from 1Q 2024). Net income: ₹850.0k (down 100% from 1Q 2024). Profit margin: 0.5% (down from 72% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 56% per year, which means it is well ahead of earnings. Announcement • Aug 07
Prakash Steelage Limited to Report Q1, 2025 Results on Aug 13, 2024 Prakash Steelage Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹11.07, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 515% over the past three years. Announcement • May 20
Prakash Steelage Limited to Report Q4, 2024 Results on May 28, 2024 Prakash Steelage Limited announced that they will report Q4, 2024 results on May 28, 2024 Recent Insider Transactions • Mar 07
Founder recently bought ₹87k worth of stock On the 4th of March, Prakash Kanugo bought around 10k shares on-market at roughly ₹8.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹951k worth in shares. Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.095 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.06 (down from ₹0.095 in 3Q 2023). Revenue: ₹258.6m (down 5.3% from 3Q 2023). Net income: ₹10.1m (down 40% from 3Q 2023). Profit margin: 3.9% (down from 6.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 127% per year, which means it is well ahead of earnings. Announcement • Feb 06
Prakash Steelage Limited to Report Q3, 2024 Results on Feb 13, 2024 Prakash Steelage Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹14.38, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 1,296% over the past three years. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹9.82, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 945% over the past three years. Recent Insider Transactions • Dec 11
Founder recently bought ₹63k worth of stock On the 7th of December, Prakash Kanugo bought around 10k shares on-market at roughly ₹6.35 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹74k. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹619k worth in shares. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹6.41, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 453% over the past three years. New Risk • Nov 09
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Negative equity (-₹283m). Minor Risks Profit margins are more than 30% lower than last year (18% net profit margin). Market cap is less than US$100m (₹988.8m market cap, or US$11.9m). Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹0.05 (vs ₹0.03 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.05 (up from ₹0.03 in 2Q 2023). Revenue: ₹251.7m (up 29% from 2Q 2023). Net income: ₹7.97m (up 59% from 2Q 2023). Profit margin: 3.2% (up from 2.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 115% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 01
Prakash Steelage Limited to Report Q2, 2024 Results on Nov 07, 2023 Prakash Steelage Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹5.93, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 856% over the past three years. Recent Insider Transactions • Sep 08
Founder recently bought ₹61k worth of stock On the 5th of September, Prakash Kanugo bought around 10k shares on-market at roughly ₹6.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹265k worth in shares. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹6.83, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 876% over the past three years. Announcement • Sep 03
Prakash Steelage Limited, Annual General Meeting, Sep 27, 2023 Prakash Steelage Limited, Annual General Meeting, Sep 27, 2023, at 15:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improves as stock rises 56% After last week's 56% share price gain to ₹7.05, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 650% over the past three years. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-₹502m). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (22% net profit margin). Market cap is less than US$100m (₹1.16b market cap, or US$13.9m). Reported Earnings • Aug 11
First quarter 2024 earnings released: EPS: ₹1.20 (vs ₹0.11 in 1Q 2023) First quarter 2024 results: EPS: ₹1.20 (up from ₹0.11 in 1Q 2023). Revenue: ₹491.6m (up 194% from 1Q 2023). Net income: ₹210.2m (up ₹191.3m from 1Q 2023). Profit margin: 43% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Prakash Steelage Limited to Report Q1, 2024 Results on Aug 10, 2023 Prakash Steelage Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹0.24 (vs ₹9.34 in FY 2022) Full year 2023 results: EPS: ₹0.24 (down from ₹9.34 in FY 2022). Revenue: ₹965.7m (up 109% from FY 2022). Net income: ₹41.5m (down 98% from FY 2022). Profit margin: 4.3% (down from 354% in FY 2022). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
Prakash Steelage Limited to Report Q4, 2023 Results on May 26, 2023 Prakash Steelage Limited announced that they will report Q4, 2023 results at 12:08 PM, Indian Standard Time on May 26, 2023 Recent Insider Transactions • Apr 05
Founder recently bought ₹71k worth of stock On the 29th of March, Prakash Kanugo bought around 20k shares on-market at roughly ₹3.54 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Prakash has been a buyer over the last 12 months, purchasing a net total of ₹111k worth in shares. Announcement • Feb 15
Prakash Steelage Limited Announces Executive Changes Prakash Steelage Limited announced that the Board of Directors of the Company at its Meeting held on February 14, 2023, has, considered and approved Resignation of Ms. Hemali Rachh from the post of Company Secretary and Compliance Officer of the Company with effect from February 14, 2023 and based on the Recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company considered and approved the Appointment of Mr. Himanshu Sethia as a Company Secretary and Compliance Officer of the Company with effect from February 15, 2023. Mr. Himanshu Sethia is a Qualified Company Secretary. He has about 9 months of experience in the field of Merchant Banking. Announcement • Jan 28
Prakash Steelage Limited to Report Q3, 2023 Results on Feb 14, 2023 Prakash Steelage Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 14, 2023 Announcement • Nov 13
Prakash Steelage Limited Appoints Hemali Rachh as the Company Secretary and Compliance Officer The board of directors of Prakash Steelage Limited meeting held on November 13, 2022, announced the appointment of Ms. Hemali Rachh as the Company Secretary and Compliance Officer of the Company with effect from November 12, 2022, under Section 203 of Companies Act, 2013 and under Regulation 6 of the SEBI Listing Regulations and Regulation 9(3) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Mrs. Hemali Rachh is a qualified Company Secretary along with Bachelor's degree in Law and Commerce. She has about 03 years of experience across the Secretarial practice. Announcement • Nov 06
Prakash Steelage Limited to Report Q2, 2023 Results on Nov 12, 2022 Prakash Steelage Limited announced that they will report Q2, 2023 results at 12:08 PM, Indian Standard Time on Nov 12, 2022 Announcement • Sep 07
Prakash Steelage Limited, Annual General Meeting, Sep 28, 2022 Prakash Steelage Limited, Annual General Meeting, Sep 28, 2022, at 15:00 Indian Standard Time. Agenda: To receive consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March, 2022,along with the Reports of the Board of Directors and Auditors thereon; to appoint a director in place of Mr. Hemant P. Kanugo (DIN: 0030894), who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. Announcement • Aug 11
Prakash Steelage Limited Announces Resignation of Ms. Smita Singh (Membership No. Acs 62883) as the Company Secretary and Compliance Officer Prakash Steelage Limited announced the Acceptance of resignation of Ms. Smita Singh (Membership No. ACS 62883) as the Company Secretary and Compliance Officer of the Company w.e.f. August 10, 2022. Announcement • May 20
Prakash Steelage Limited to Report Q4, 2022 Results on May 27, 2022 Prakash Steelage Limited announced that they will report Q4, 2022 results on May 27, 2022 Announcement • Feb 08
Prakash Steelage Limited to Report Q3, 2022 Results on Feb 14, 2022 Prakash Steelage Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Announcement • Feb 06
Prakash Steelage Limited to Report Q3, 2021 Results on Feb 12, 2021 Prakash Steelage Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Announcement • Dec 02
Prakash Steelage Limited, Annual General Meeting, Dec 23, 2020 Prakash Steelage Limited, Annual General Meeting, Dec 23, 2020, at 15:30 Indian Standard Time. Agenda: To consider and adopt the audited standalone financial statements of the company for the financial year ended 31 March, 2020,along with the reports of the board of directors and auditors thereon; to appoint a director in place of Mr. Ashok M. Seth who retires by rotation and being eligible, offers himself for re-appointment; to consider ratification of remuneration payable to cost auditors for the financial year ending on 31 March, 2021; to consider re-appointment of Mr. Ashok M. Seth as a Whole-time Director of the Company; and to consider re-appointment of Mrs. Neetta K. Bokaria as a Non-Executive & Independent Director of the Company. Announcement • Nov 05
Prakash Steelage Limited to Report Q2, 2021 Results on Nov 11, 2020 Prakash Steelage Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Announcement • Sep 05
Prakash Steelage Limited to Report Q1, 2021 Results on Sep 11, 2020 Prakash Steelage Limited announced that they will report Q1, 2021 results on Sep 11, 2020 Announcement • Jul 10
Prakash Steelage Limited Announces Defaults on Payment of Interest/Principal Prakash Steelage Limited announced amount of default as on date was INR 2,178.5 million. Total financial indebtedness of the listed entity including short-term and long-term debt was INR 2,429.5 million. Announcement • Jun 28
Prakash Steelage Limited to Report Q4, 2020 Results on Jun 30, 2020 Prakash Steelage Limited announced that they will report Q4, 2020 results on Jun 30, 2020 
