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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Prakash Industries Limited is an India-based company, which is engaged primarily in the business of manufacture and sale of steel products and generation of power. It operates in iron and steel segment. The Company is also engaged in iron ore and coal mining businesses. The…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
Prakash Industries is scored on the commodity / cyclical framework. It keeps a slim 9.5% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.43×) — worth a closer look. Free cash flow is worth about 0.8% of its market value.
Over the last 3 years revenue compounded at 1%/yr and profit at 21%/yr. Book value has grown 6%/yr. Return on equity is a healthy 14.1%. In the latest quarter profit fell 24% versus the prior quarter.
At 6× earnings, the stock sits at the 14th percentile of its own 4.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-6%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 6.87 | 21.11 | better |
| P/B | 0.98 | 2.12 | better |
| EV/EBITDA | 5.72 | 8.94 | better |
| ROE | 14.12 | 18.05 | worse |
| ROCE | 13.31 | 11.11 | better |
| ROA | 10.77 | 3.13 | better |
| Quick Ratio | 0.53 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue is on a 2-year growth streak. 1% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Profit is growing faster than revenue (20% vs 1%) — margin expansion is at work.
Operating margin has expanded from 6% to 9% — the business is keeping more of each rupee earned.
ROE at 11% — modest; the capital isn't working hard.
EPS has grown every year — each share earns more than the last, consistently. EPS outpaced profit growth — possible buybacks are concentrating earnings into fewer shares. 37% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.4× PAT — reported profit isn't translating into cash, raising earnings quality questions. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 12% sequentially — momentum is building. Run-rate stepping up — recent quarters average 28% above earlier ones.
Profit fell 24% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 4.6y median.
Promoters at 44.4% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.