RedixFi
Pre-openNIFTY24,536.6+2.4%
Market feed live

PRAKASHSTL · Prakash Steelage Ltd · Iron & Steel

PRAKASHSTL · Prakash Steelage Ltd · Iron & Steel

₹3.52+2.0%

As of 05 Nov close

52-week range

52wk low ₹3.1152wk high ₹6.57

46.4% below 52-week high

52-week range: as of 05 Nov 2026 close.

Price chartDaily closes on the stock page.

Stock Condition:Pro

Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.

Full signal detail →

Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old

Profit declined YoY for 2 straight quarters

Revenue (latest Q)

₹17 Cr

Revenue YoY

PAT YoY

-57.9%

Operating margin

Revenue, last 8 quarters

P/E (TTM)

P/B

6.3

P/S (TTM)

0.7

Sector P/E

17.3

Dividend yield

0.0%

CompanyP/EP/BNet marginROED/EDiv. yield
PRAKASHSTL (this stock)112.36.3+0.7%+6.4%0.050.0%
JSW Steel12.13.1+13.1%+24.8%1.19+0.6%
Lloyds Metals And Energy27.87.6+22.4%+36.2%101.71+0.1%
Jindal Steel39.92.3+4.8%+5.3%0.44+0.2%

Promoter

stable

FII

rising 1q

MF

Not available from data source

Insider trades

DateInsiderTypeQtyValue
08 Sept 2026Prakash C. KanugoSELL96,25,000₹0
08 Sept 2026Dheliben Mafatlal SethBUY96,25,000₹0

Bulk/block deals

No bulk/block deals in the last 12 months.

News timeline

No related news.

Concalls & investor presentations

AI-generated

No concall transcripts or investor presentations recorded yet.

AI Summary of Annual Report

AI-generated
FY2025-2026127 pages

Prakash Steelage Limited's annual report for FY2025-2026 outlines the company's adherence to corporate governance standards, compliance with statutory requirements, and its strategic focus on maintaining operational efficiency within the steel industry. The report highlights the company's financial performance, including revenue growth and profit figures, while also addressing the absence of dividend recommendations for the year. It details the company's commitment to transparency, with disclosures on related party transactions, risk management practices, and the implementation of a whistle-blower policy. The report also mentions the company's compliance with the National Steel Policy and its participation in government initiatives aimed at promoting the steel sector.

  • Commitment to corporate governance and compliance with statutory requirements.
  • Focus on operational efficiency and adherence to the National Steel Policy.
  • Implementation of a whistle-blower policy to ensure transparency and accountability.
  • Disclosure of related party transactions on an arm's length basis.
  • Management has stated an absence of dividend recommendations for FY2025-2026.

Key takeaway: Prakash Steelage Limited emphasizes its adherence to corporate governance, compliance with statutory requirements, and operational efficiency within the steel industry, while navigating potential risks associated with market volatility and regulatory changes.

The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.

Filed with NSE · 03 Sept 2026View source filing →

Governance disclosures

AI-generated

Needs attention

Auditor Qualification (1 item); Regulatory Action (1 item); Default / Covenant Breach (1 item)

Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.

Auditor Qualification

1 occurrence

Earlier (1-3 years ago)

Annual Report04 Sept 2024 (FY2023-24)
View source filing →

The auditor has issued a qualified opinion due to matters described in the Basis for Qualified Opinion and Emphasis of Matter section, which may have an adverse effect on the company's functioning.

Regulatory Action

1 occurrence

Earlier (1-3 years ago)

Annual Report04 Sept 2024 (FY2023-24)· 2 passages
View source filing →

SEBI has issued a summons to Prakash Steelage Limited under Section 11(2) and 11C(2), (3) of the SEBI Act 1992, appointing Mr. Deepesh M.U. as Investigation Authority and requiring the company to produce specified documents and information.

Default / Covenant Breach

1 occurrence

Earlier (1-3 years ago)

Annual Report04 Sept 2024 (FY2023-24)
View source filing →

The company has undisputed statutory dues, including provident fund, employees' state insurance, income tax, duty of customs, cess, goods and services tax, and other material statutory dues, which are regularly deposited with the appropriate authorities. There were no undisputed amounts payable in respect of these dues in arrears as at 31 March 2024 for a period of more than six months from the date they became payable.

Routine disclosures

Contingent Liability

2 occurrences

Earlier (1-3 years ago)

Annual Report03 Sept 2025 (FY2024-25)
View source filing →

Prakash Steelage Limited has contingent liabilities including guarantees given by bankers, disputed tax rebates, excise duty, GST, customs duty, and pending litigation with operational creditors and statutory authorities. The company has made provisions and disclosed these liabilities in its financial statements.

Annual Report04 Sept 2024 (FY2023-24)
View source filing →

Prakash Steelage Limited has contingent liabilities including guarantees given by the company's bankers, disputed tax demands, and pending GST and excise duty claims as of March 2024.

Related-Party Transaction

2 occurrences

Earlier (1-3 years ago)

Annual Report03 Sept 2025 (FY2024-25)
View source filing →

The company approved a material related party transaction during its 2023-24 AGM.

Annual Report04 Sept 2024 (FY2023-24)
View source filing →

The company is seeking member approval for related party transactions from October 2024 to March 2029, including inter-corporate loans up to Rs. 10 crores from AMS Trading & Investment Pvt. Ltd., under applicable legal provisions.

Statutory dues in dispute

1 occurrence

Earlier (1-3 years ago)

Annual Report03 Sept 2025 (FY2024-25)Disputed tax/statutory dues under appeal, not a loan default
View source filing →

Prakash Steelage Limited has unpaid amounts in respect of various statutory dues including Central Excise Excise Duty, Customs Excise Duty, and Central Sales Tax, with disputes pending before authorities such as the Joint Secretary, Appellate Tribunal, and Commissioner of GST.

Promoter Share Pledge

1 occurrence

Recent (last 12 months)

Structured Filing Data (NSE Pledge Disclosure)18 Jul 2026

1.16% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).

Open full Signal Dashboard →