Duyuru • May 15
Prakash Industries Limited to Report Q4, 2026 Results on May 22, 2026 Prakash Industries Limited announced that they will report Q4, 2026 results on May 22, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released: EPS: ₹4.85 (vs ₹4.68 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.85 (up from ₹4.68 in 3Q 2025). Revenue: ₹8.10b (down 13% from 3Q 2025). Net income: ₹868.5m (up 3.7% from 3Q 2025). Profit margin: 11% (up from 9.0% in 3Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 07
Prakash Industries Limited to Report Q3, 2026 Results on Feb 14, 2026 Prakash Industries Limited announced that they will report Q3, 2026 results on Feb 14, 2026 Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹3.44 (vs ₹5.05 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.44 (down from ₹5.05 in 2Q 2025). Revenue: ₹7.29b (down 32% from 2Q 2025). Net income: ₹615.7m (down 32% from 2Q 2025). Profit margin: 8.4% (in line with 2Q 2025). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 08
Prakash Industries Limited to Report Q2, 2026 Results on Nov 14, 2025 Prakash Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Duyuru • Oct 01
Prakash Industries Limited Approves Final Dividend for the Financial Year Ended March 31, 2025 Prakash Industries Limited at its AGM held on September 30, 2025 approved a dividend of INR 1.50 per equity share of INR 10/- each, for the Financial year ended 31st March, 2025. Declared Dividend • Sep 05
Dividend increased to ₹1.50 Dividend of ₹1.50 is 25% higher than last year. Ex-date: 17th September 2025 Payment date: 30th October 2025 Dividend yield will be 0.9%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Duyuru • Sep 03
Prakash Industries Limited, Annual General Meeting, Sep 30, 2025 Prakash Industries Limited, Annual General Meeting, Sep 30, 2025, at 12:30 Indian Standard Time. Reported Earnings • Aug 12
First quarter 2026 earnings released: EPS: ₹5.10 (vs ₹5.05 in 1Q 2025) First quarter 2026 results: EPS: ₹5.10 (up from ₹5.05 in 1Q 2025). Revenue: ₹10.4b (down 11% from 1Q 2025). Net income: ₹914.0m (up 1.0% from 1Q 2025). Profit margin: 8.8% (up from 7.8% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 05
Prakash Industries Limited to Report Q1, 2026 Results on Aug 11, 2025 Prakash Industries Limited announced that they will report Q1, 2026 results on Aug 11, 2025 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹183, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 258% over the past three years. Reported Earnings • May 24
Full year 2025 earnings released: EPS: ₹19.85 (vs ₹19.44 in FY 2024) Full year 2025 results: EPS: ₹19.85 (up from ₹19.44 in FY 2024). Revenue: ₹40.4b (up 9.8% from FY 2024). Net income: ₹3.55b (up 2.1% from FY 2024). Profit margin: 8.8% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 23
Prakash Industries Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Prakash Industries Limited recommended a dividend of INR 1.50 per equity share of INR 10/- each, subject to the approval of members for the Financial year ended 31st March, 2025. Duyuru • May 14
Prakash Industries Limited to Report Q4, 2025 Results on May 23, 2025 Prakash Industries Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 23, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹165, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 149% over the past three years. Reported Earnings • Feb 09
Third quarter 2025 earnings released: EPS: ₹4.68 (vs ₹4.49 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.68 (up from ₹4.49 in 3Q 2024). Revenue: ₹9.32b (up 5.4% from 3Q 2024). Net income: ₹837.4m (up 3.9% from 3Q 2024). Profit margin: 9.0% (down from 9.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 33% per year. Duyuru • Jan 31
Prakash Industries Limited to Report Q3, 2025 Results on Feb 08, 2025 Prakash Industries Limited announced that they will report Q3, 2025 results at 9:15 AM, Indian Standard Time on Feb 08, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹174, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 207% over the past three years. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹5.05 (vs ₹5.00 in 2Q 2024) Second quarter 2025 results: EPS: ₹5.05 (up from ₹5.00 in 2Q 2024). Revenue: ₹10.8b (up 22% from 2Q 2024). Net income: ₹903.9m (up 1.1% from 2Q 2024). Profit margin: 8.3% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 35% per year. Buy Or Sell Opportunity • Nov 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.2% to ₹170. The fair value is estimated to be ₹213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. Duyuru • Nov 05
Prakash Industries Limited to Report Q2, 2025 Results on Nov 14, 2024 Prakash Industries Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Buy Or Sell Opportunity • Oct 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to ₹164. The fair value is estimated to be ₹209, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. New Risk • Sep 12
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 7.9% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Upcoming Dividend • Sep 10
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 17 September 2024. Payment date: 30 October 2024. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.6%). Duyuru • Sep 02
Prakash Industries Limited, Annual General Meeting, Sep 30, 2024 Prakash Industries Limited, Annual General Meeting, Sep 30, 2024, at 12:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹231, the stock trades at a trailing P/E ratio of 11.9x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 241% over the past three years. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹5.05 (vs ₹4.99 in 1Q 2024) First quarter 2025 results: EPS: ₹5.05 (up from ₹4.99 in 1Q 2024). Revenue: ₹11.7b (up 16% from 1Q 2024). Net income: ₹904.9m (up 1.2% from 1Q 2024). Profit margin: 7.7% (down from 8.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 35% per year. Duyuru • Aug 03
Prakash Industries Limited to Report Q1, 2025 Results on Aug 12, 2024 Prakash Industries Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Buy Or Sell Opportunity • Jun 03
Now 24% overvalued Over the last 90 days, the stock has fallen 2.1% to ₹166. The fair value is estimated to be ₹134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Duyuru • May 18
Prakash Industries Limited Recommends Final Dividend for the Financial Year Ended March 31, 2024 Prakash Industries Limited at its board meeting held on May 17, 2024 recommended a dividend of INR 1.20 per equity share of INR 10/- each, subject to the approval of Shareholders for the Financial year ended 31st March, 2024. Buy Or Sell Opportunity • May 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to ₹153. The fair value is estimated to be ₹193, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 35%. Duyuru • May 08
Prakash Industries Limited to Report Q4, 2024 Results on May 17, 2024 Prakash Industries Limited announced that they will report Q4, 2024 results on May 17, 2024 New Risk • Mar 22
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 Earnings have declined by 15% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₹131, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 97% over the past three years. Buy Or Sell Opportunity • Mar 11
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to ₹152. The fair value is estimated to be ₹198, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 35%. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹4.49 (vs ₹2.53 in 3Q 2023) Third quarter 2024 results: EPS: ₹4.49 (up from ₹2.53 in 3Q 2023). Revenue: ₹8.92b (up 17% from 3Q 2023). Net income: ₹805.6m (up 78% from 3Q 2023). Profit margin: 9.0% (up from 6.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹212, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 306% over the past three years. Duyuru • Jan 27
Prakash Industries Limited to Report Q3, 2024 Results on Feb 09, 2024 Prakash Industries Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Buying Opportunity • Dec 06
Now 21% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be ₹194, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 36%. Buying Opportunity • Nov 15
Now 22% undervalued Over the last 90 days, the stock is up 67%. The fair value is estimated to be ₹192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 36%. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹5.00 (vs ₹2.46 in 2Q 2023) Second quarter 2024 results: EPS: ₹5.00 (up from ₹2.46 in 2Q 2023). Revenue: ₹9.05b (up 17% from 2Q 2023). Net income: ₹894.3m (up 103% from 2Q 2023). Profit margin: 9.9% (up from 5.7% 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 36% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹164, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 273% over the past three years. New Risk • Oct 23
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 9.0% 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 Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 29% per year over the past 5 years. Buying Opportunity • Oct 20
Now 21% undervalued Over the last 90 days, the stock is up 115%. The fair value is estimated to be ₹232, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 34%. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹176, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 296% over the past three years. Duyuru • Oct 01
Prakash Industries Limited Approves Board Appointments Prakash Industries Limited at its AGM held on September 29, 2023 approved appointment of Mrs. Ankita Garg and Shri Jatin Gupta as Independent and Non-Executive Directors. Duyuru • Sep 06
Prakash Industries Limited, Annual General Meeting, Sep 28, 2023 Prakash Industries Limited, Annual General Meeting, Sep 28, 2023, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2023, together with the Reports of the Board of Directors and Auditors; to consider and appoint Shri Kanha Agarwal who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director; to consider and ratify the remuneration of Cost Auditors; to consider and Approval for appointment of Mrs. Ankita Garg as Independent and Non-executive Director; to consider and Approval for appointment of Shri Jatin Gupta as Independent and Non-executive Director; and to consider other matter also. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹105, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past three years. Reported Earnings • Aug 02
First quarter 2024 earnings released: EPS: ₹4.99 (vs ₹2.41 in 1Q 2023) First quarter 2024 results: EPS: ₹4.99 (up from ₹2.41 in 1Q 2023). Revenue: ₹10.1b (up 13% from 1Q 2023). Net income: ₹894.1m (up 107% from 1Q 2023). Profit margin: 8.8% (up from 4.8% 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 34% per year whereas the company’s share price has increased by 31% per year. Reported Earnings • May 17
Full year 2023 earnings released: EPS: ₹10.64 (vs ₹9.42 in FY 2022) Full year 2023 results: EPS: ₹10.64 (up from ₹9.42 in FY 2022). Revenue: ₹34.6b (down 12% from FY 2022). Net income: ₹1.90b (up 13% from FY 2022). Profit margin: 5.5% (up from 4.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 30% per year. Duyuru • May 09
Prakash Industries Limited to Report Q4, 2023 Results on May 16, 2023 Prakash Industries Limited announced that they will report Q4, 2023 results on May 16, 2023 Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Additional Director, Whole-Time Director & Director of Operations Sanjay Jain was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 08
Third quarter 2023 earnings released: EPS: ₹2.53 (vs ₹1.80 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.53 (up from ₹1.80 in 3Q 2022). Revenue: ₹7.64b (down 9.8% from 3Q 2022). Net income: ₹452.7m (up 41% from 3Q 2022). Profit margin: 5.9% (up from 3.8% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year. Duyuru • Jan 29
Prakash Industries Limited to Report Q3, 2023 Results on Feb 07, 2023 Prakash Industries Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₹58.40, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 10% over the past three years. Reported Earnings • Nov 11
Second quarter 2023 earnings released: EPS: ₹2.46 (vs ₹2.40 in 2Q 2022) Second quarter 2023 results: EPS: ₹2.46 (up from ₹2.40 in 2Q 2022). Revenue: ₹7.77b (down 13% from 2Q 2022). Net income: ₹441.0m (up 2.4% from 2Q 2022). Profit margin: 5.7% (up from 4.8% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Sep 02
Prakash Industries Limited, Annual General Meeting, Sep 28, 2022 Prakash Industries Limited, Annual General Meeting, Sep 28, 2022, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2022, together with the Reports of the Board of Directors and Auditors thereon; to appoint Shri Vikram Agarwal, who retires by rotation as a Director and being eligible, offers himself for re-appointment as a Director; to approve the appointment of Shri Sanjay Jain as a Director of the Company; to approve the appointment of Shri Sanjay Jain as Whole-time Director of the Company; and to consider other matters. Duyuru • Aug 03
Prakash Industries Limited Announces Management Appointments Prakash Industries Limited announced that at its board meeting held on August 2, 2022, approved the appointment of Shri Arvind Mahla as Company Secretary of the Company with immediate effect designated as Company Secretary & Compliance Officer of the Company. The appointment was based upon the recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company. The board also approved the appointment of Shri Sanjay Jain as an Additional Director and Whole-time Director designated as Director (Operations) with immediate effect. The appointment was based upon the recommendation of the Nomination and Remuneration Committee of the Board of Directors of the Company. Shri Arvind Mahla is an Associate Member of the Institute of Company Secretaries of India having experience in secretarial and compliance. Shri Sanjay Jain is an experienced professional having educational qualification of BE (Mechanical) & MBA (Operations Management) and rich experience of over 30 years. He is associated with the Company since 2004. Reported Earnings • Aug 03
First quarter 2023 earnings released: EPS: ₹2.41 (vs ₹2.28 in 1Q 2022) First quarter 2023 results: EPS: ₹2.41 (up from ₹2.28 in 1Q 2022). Revenue: ₹8.97b (down 13% from 1Q 2022). Net income: ₹431.5m (up 5.9% from 1Q 2022). Profit margin: 4.8% (up from 4.0% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Duyuru • Jul 28
Prakash Industries Limited to Report Q1, 2023 Results on Aug 02, 2022 Prakash Industries Limited announced that they will report Q1, 2023 results on Aug 02, 2022 Board Change • Jul 12
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent & Non-Executive Director Sunil Kumar was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Jul 05
Prakash Industries Limited Announces Resignation of M. L. Pareek as Whole-Time Director, Effective July 4, 2022 Prakash Industries Limited informed that Shri M. L. Pareek resigned as Whole-time Director of the Company with effect from close of business hours on 4th July, 2022. Duyuru • May 26
Prakash Industries Limited Announces Resignation of Shri Ashwini Kumar as Company Secretary and Compliance Officer Prakash Industries Limited announced the resignation of Shri Ashwini Kumar as Company Secretary and Compliance Officer. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₹78.20, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 4.0% over the past three years. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 21% share price gain to ₹66.00, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total loss to shareholders of 17% over the past three years. Reported Earnings • Feb 07
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.80 (down from ₹1.83 in 3Q 2021). Revenue: ₹8.50b (down 4.6% from 3Q 2021). Net income: ₹321.7m (up 2.7% from 3Q 2021). Profit margin: 3.8% (up from 3.5% in 3Q 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 26
Second quarter 2022 earnings released: EPS ₹2.40 (vs ₹0.53 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹8.95b (up 17% from 2Q 2021). Net income: ₹430.7m (up 371% from 2Q 2021). Profit margin: 4.8% (up from 1.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹77.30, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total loss to shareholders of 15% over the past three years. Board Change • Sep 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent & Non-Executive Director Sunil Kumar was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹62.50, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total loss to shareholders of 48% over the past three years. Reported Earnings • Jul 09
Full year 2021 earnings released: EPS ₹5.55 (vs ₹6.97 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹32.2b (up 8.1% from FY 2020). Net income: ₹953.3m (down 19% from FY 2020). Profit margin: 3.0% (down from 4.0% in FY 2020). 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 45 percentage points per year, which is a significant difference in performance. Duyuru • Jul 01
Prakash Industries Limited announced that it expects to receive INR 697.5 million in funding Prakash Industries Limited (BSE: 506022) announced a private placement of 36,000,000 convertible equity warrants on June 30, 2021. The warrants will be issued on preferential basis. The warrants will be issued at INR 19.375 per warrant for gross proceeds of INR 697,500,000. The company will receive 25% of the exercise price as upfront payment at the time of issue of warrants and balance will be received at the time of exercise of warrants. The warrants will be exercisable at INR 58.125 per warrant. The transaction will include participation from promoter and Executive Chairman of the company Ved Prakash Agarwal. The transaction has been approved by the board of directors and is subject to the approval of the shareholders. Reported Earnings • Jun 01
Full year 2021 earnings released: EPS ₹5.55 (vs ₹6.97 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: ₹32.2b (up 8.4% from FY 2020). Net income: ₹953.3m (down 19% from FY 2020). Profit margin: 3.0% (down from 4.0% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₹89.60, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 17x in the Metals and Mining industry in India. Total loss to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 16% share price gain to ₹74.30, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total loss to shareholders of 53% over the past three years. Is New 90 Day High Low • Mar 09
New 90-day high: ₹64.00 The company is up 11% from its price of ₹57.60 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 30% over the same period. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 18% share price gain to ₹62.95, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 14.8x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 60%. Recent Insider Transactions • Feb 26
Executive Chairman recently bought ₹1.1m worth of stock On the 23rd of February, Ved Agarwal bought around 20k shares on-market at roughly ₹53.50 per share. This was the largest purchase by an insider in the last 3 months. Ved has been a buyer over the last 12 months, purchasing a net total of ₹2.0m worth in shares. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹1.83 (vs ₹1.75 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₹8.91b (up 21% from 3Q 2020). Net income: ₹313.3m (up 4.6% from 3Q 2020). Profit margin: 3.5% (down from 4.1% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings. Duyuru • Jan 29
Prakash Industries Limited to Report Q3, 2021 Results on Feb 08, 2021 Prakash Industries Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹63.40 The company is up 61% from its price of ₹39.50 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 34% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 20% share price gain to ₹63.40, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15x. This compares to an average P/E of 16x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 66%. Duyuru • Dec 17
Prakas & Co. Announces Two Exclusive Deals, Bringing Popular Mexican Eateries to South Florida Prakas & Co. announced two exclusive deals – bringing Las Catrinas and Puerto Rico's famed Burrito Social to South Florida. Las Catrinas will open in January 2021 at the former Sardinia Restaurant space, 3035 S. Federal Hwy., in Delray Beach, FL. Burrito Social will open in March 2021 at the former Rattlesnake Jake's space on Ocean Avenue, 2060 NE 2nd St., in Deerfield Beach. Both restaurants specialize in Mexican fare, providing locals and tourists with an epicurean experience unlike any other. Valuation Update With 7 Day Price Move • Dec 02
Market bids up stock over the past week After last week's 17% share price gain to ₹51.65, the stock is trading at a trailing P/E ratio of 14.7x, up from the previous P/E ratio of 12.6x. This compares to an average P/E of 14x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 54%. Is New 90 Day High Low • Dec 01
New 90-day high: ₹47.70 The company is up 2.0% from its price of ₹46.65 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 12% over the same period. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹0.53 The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: ₹7.66b (flat on 2Q 2020). Net income: ₹91.5m (down 72% from 2Q 2020). Profit margin: 1.2% (down from 4.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year and the company’s share price has also fallen by 31% per year. Valuation Update With 7 Day Price Move • Oct 19
Market bids up stock over the past week After last week's 21% share price gain to ₹46.85, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.8x. This compares to an average P/E of 13x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 61%. Duyuru • Aug 23
Prakash Industries Limited to Report Q1, 2021 Results on Aug 31, 2020 Prakash Industries Limited announced that they will report Q1, 2021 results on Aug 31, 2020 Duyuru • Jun 18
Prakash Industries Limited to Report Q4, 2020 Results on Jun 27, 2020 Prakash Industries Limited announced that they will report Q4, 2020 results on Jun 27, 2020