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On 6 Nov 2026, Prakash Steelage was priced at ₹3.54, or 118.0× trailing earnings, against an industry P/E of 19.9×, and the shares are 46% below their 52-week high. Sales and net profit fell 1.5% and 41% a year over 3 years, with ROCE of 11% and ROE of 9.0%. It carries very little debt. It is a small-cap company with a market cap of ₹62 Cr, ranked 114th of 150 Steel companies by market cap; the shares fell 30% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹3.50
Day high
₹3.57
Day low
₹3.47
Prev. close
₹3.52
Volume
47K

Health check

1 fair · 5 to check
  • ReturnsBehind

    −30.0% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 118.0 vs industry 19.9.

  • GrowthShrinking

    Sales −1.5%, profit −41.3% a year over 3 years.

  • ProfitabilityWeak

    ROCE 10.7% vs peer median 18.7%.

  • Balance sheetFair

    Practically debt-free, Piotroski 4 of 9.

  • Red flags3 to check

    Quarterly profit down 57.0% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹62 Cr, #114 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹91 Cr · profit ₹1 Cr
Market cap
₹62 Cr
Small cap
P/E
118.0
Industry 19.9
Price to book
6.37
Peers 2.28
Dividend yield
0.00%
ROE
9.0%
Peers 23.4%
ROCE
10.7%
Peers 18.7%
Debt to equity
0.05
Debt ₹0.45 Cr
EPS (TTM)
₹0.03
Face value ₹1
OPM (TTM)
1.9%
Net margin 0.7%
Sales growth
+2.3%
Latest quarter vs a year ago
Profit growth
−57.0%
Latest quarter vs a year ago
Price to sales
0.68
EV/EBITDA 29.9

Strengths and risks

Strengths

  • Practically debt-free.

Risks to check

  • Quarterly profit down 57.0% on a year ago.
  • P/E of 118.0 against an industry P/E of 19.9.
  • 46% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Prakash Steelage

Prakash Steelage Limited manufactures and trades in stainless steel welded pipes and tubes in India. The company offers stainless steel large diameter pipes; stainless steel welded tubes; stainless steel instrumentation tubes; stainless steel welded heat exchanger tubes, condenser tubes, and tubes for critical applications; and stainless steel welded EFW pipes. It serves the boilers, automobiles, breweries, chemical and fertilizers, condensers,…

Headquarters
Mumbai
Employees
76
Sector
Basic Materials
ISIN
INE696K01024

Price range

52 weeks

₹3.11₹6.57

Today

₹3.47₹3.57
Avg volume (3M)
1.1 L
1-year return
minus 30.0%
From 52-week high
minus 46.1%

Peers · Steel

Capital-heavy industry columns

Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
PRAKASHSTLPrakash Steelage3.54plus 0.57%62118.031.910.7%1.9%0.05−1.5%minus 30.0%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
16.425.124.524.816.8
1624.823.824.516.4
0.40.30.70.30.4
2.7%1.2%2.8%1.3%2.6%
0.20.100.10
00000
0.20.20.20.20.2
0.40.10.40.20.2
4.7%25.7%25.0%79.6%24.0%
0.40.10.300.2
0.02–0.02–0.01

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−1.5%
Profit CAGR 3Y
−41.3%
EPS CAGR 3Y
−40.7%
ROE
9.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
94.910676.590.7
–+11.5%minus 27.7%+18.6%
90.610274.988.8
4.33.61.51.9
4.5%3.4%2.0%2.1%
−0.321.71.40.2
00.20.10
0.90.90.90.9
−034.1−0−0.1
3.158.321.1
−34.3%0.7%34.1%26.5%
4.157.91.30.8
–+1296.2%minus 97.8%minus 35.3%
0.243.310.070.05

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
17.517.517.517.5
−67.7−9.8−8.6−7.8
28.90.34.10.5
58.732.324.634.3
37.440.437.544.5
5.95.95.47.2
–0.4––
0.10.10.10.1
0.80.40.90.3
30.733.731.136.8
37.440.437.544.5

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6.129.2−3.36.6
−0.5−0.7−0.4−2.9
−5.2−28.93.7−3.7
0.4−0.4−0.10.1
−0.5−0.8−0.5−3
5.628.4−3.83.6

Shareholding pattern

Source: NSE filings
33.6%
promoters
  • Promoters33.56%
  • Public66.44%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202633.56%66.44%0.00
30 Jun 202633.56%66.44%0.00
31 Mar 202633.56%66.44%0.00
31 Dec 202533.56%66.44%0.00
30 Sep 202533.56%66.44%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you