Prakash Industries (part of the Surya Roshni group) is engaged in the manufacture of sponge iron and worsted woollen yarn. The company has been referred as a BIFR in view of the loss it has suffered.
Jindal Stainless, the flagship of the jindal organisation is the largest integrated manufacturer of stainless steel in India, catering to 40% of the total demand in the country, The $ 417 million company produces Hot Rolled / Cold Rolled stainless st... More
PRAKASH INDUSTRIES | JINDAL STAINLESS | PRAKASH INDUSTRIES/ JINDAL STAINLESS |
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P/E (TTM) | x | 3.5 | 13.2 | 26.8% | View Chart |
P/BV | x | 0.3 | 0.8 | 34.3% | View Chart |
Dividend Yield | % | 2.0 | 0.0 | - |
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EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
PRAKASH INDUSTRIES Mar-19 |
JINDAL STAINLESS Mar-18 |
PRAKASH INDUSTRIES/ JINDAL STAINLESS |
5-Yr Chart Click to enlarge
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High | Rs | 86 | 133 | 64.7% | |
Low | Rs | 31 | 67 | 46.6% | |
Sales per share (Unadj.) | Rs | 219.6 | 242.8 | 90.4% | |
Earnings per share (Unadj.) | Rs | 33.0 | 7.2 | 457.9% | |
Cash flow per share (Unadj.) | Rs | 41.2 | 13.9 | 296.8% | |
Dividends per share (Unadj.) | Rs | 1.20 | 0 | - | |
Dividend yield (eoy) | % | 2.0 | 0 | - | |
Book value per share (Unadj.) | Rs | 174.7 | 51.4 | 339.6% | |
Shares outstanding (eoy) | m | 163.35 | 479.22 | 34.1% | |
Bonus/Rights/Conversions | - | - | - | ||
Price / Sales ratio | x | 0.3 | 0.4 | 64.8% | |
Avg P/E ratio | x | 1.8 | 13.9 | 12.8% | |
P/CF ratio (eoy) | x | 1.4 | 7.2 | 19.8% | |
Price / Book Value ratio | x | 0.3 | 1.9 | 17.3% | |
Dividend payout | % | 3.6 | 0 | - | |
Avg Mkt Cap | Rs m | 9,564 | 47,874 | 20.0% | |
No. of employees | `000 | 2.6 | NA | - | |
Total wages/salary | Rs m | 2,121 | 1,963 | 108.1% | |
Avg. sales/employee | Rs Th | 13,573.6 | NM | - | |
Avg. wages/employee | Rs Th | 802.5 | NM | - | |
Avg. net profit/employee | Rs Th | 2,040.2 | NM | - |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 35,875 | 116,377 | 30.8% | |
Other income | Rs m | 76 | 451 | 16.8% | |
Total revenues | Rs m | 35,951 | 116,828 | 30.8% | |
Gross profit | Rs m | 7,796 | 13,403 | 58.2% | |
Depreciation | Rs m | 1,340 | 3,200 | 41.9% | |
Interest | Rs m | 1,005 | 5,661 | 17.8% | |
Profit before tax | Rs m | 5,527 | 4,993 | 110.7% | |
Minority Interest | Rs m | 0 | 158 | 0.0% | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 44 | 0.0% | |
Tax | Rs m | 134 | 1,740 | 7.7% | |
Profit after tax | Rs m | 5,392 | 3,455 | 156.1% | |
Gross profit margin | % | 21.7 | 11.5 | 188.7% | |
Effective tax rate | % | 2.4 | 34.9 | 7.0% | |
Net profit margin | % | 15.0 | 3.0 | 506.3% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 6,112 | 37,734 | 16.2% | |
Current liabilities | Rs m | 6,128 | 43,376 | 14.1% | |
Net working cap to sales | % | 0 | -4.8 | 0.9% | |
Current ratio | x | 1.0 | 0.9 | 114.7% | |
Inventory Days | Days | 24 | 75 | 31.7% | |
Debtors Days | Days | 15 | 28 | 53.8% | |
Net fixed assets | Rs m | 30,675 | 64,669 | 47.4% | |
Share capital | Rs m | 1,634 | 958 | 170.4% | |
"Free" reserves | Rs m | 26,903 | 23,694 | 113.5% | |
Net worth | Rs m | 28,536 | 24,652 | 115.8% | |
Long term debt | Rs m | 4,355 | 35,509 | 12.3% | |
Total assets | Rs m | 39,408 | 108,341 | 36.4% | |
Interest coverage | x | 6.5 | 1.9 | 345.2% | |
Debt to equity ratio | x | 0.2 | 1.4 | 10.6% | |
Sales to assets ratio | x | 0.9 | 1.1 | 84.7% | |
Return on assets | % | 16.2 | 8.4 | 192.9% | |
Return on equity | % | 18.9 | 14.0 | 134.8% | |
Return on capital | % | 19.9 | 18.0 | 110.1% | |
Exports to sales | % | 0 | 0 | - | |
Imports to sales | % | 0 | 0 | - | |
Exports (fob) | Rs m | NA | NA | - | |
Imports (cif) | Rs m | NA | NA | - | |
Fx inflow | Rs m | 0 | 25,600 | 0.0% | |
Fx outflow | Rs m | 25 | 40,381 | 0.1% | |
Net fx | Rs m | -25 | -14,781 | 0.2% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 6,960 | 14,525 | 47.9% | |
From Investments | Rs m | -5,348 | -1,932 | 276.8% | |
From Financial Activity | Rs m | -1,687 | -12,573 | 13.4% | |
Net Cashflow | Rs m | -79 | 13 | -600.8% |
Indian Promoters | % | 46.5 | 24.5 | 189.8% | |
Foreign collaborators | % | 0.0 | 21.4 | - | |
Indian inst/Mut Fund | % | 3.2 | 8.0 | 40.0% | |
FIIs | % | 3.5 | 20.1 | 17.4% | |
ADR/GDR | % | 0.0 | 8.2 | - | |
Free float | % | 46.9 | 17.9 | 262.0% | |
Shareholders | 48,667 | 47,985 | 101.4% | ||
Pledged promoter(s) holding | % | 39.2 | 59.5 | 65.9% |
Compare PRAKASH INDUSTRIES With: UTTAM GALVA STEEL ADHUNIK METALIKS SAIL JSW STEEL ISMT
Compare PRAKASH INDUSTRIES With: GERDAU (Brazil) BAOSTEEL (China) NIPPON STEEL (Japan) ARCELOR M. (Luxemb.)
Nifty and Sensex ended the week gaining 0.60% and 0.52% respectively. Bulls started the week roaring but since Wednesday, the momentum seemed to be tiring.
For the quarter ended September 2019, PRAKASH INDUSTRIES has posted a net profit of Rs 331 m (down 74.7% YoY). Sales on the other hand came in at Rs 8 bn (down 19.8% YoY). Read on for a complete analysis of PRAKASH INDUSTRIES's quarterly results.
For the quarter ended June 2019, PRAKASH INDUSTRIES has posted a net profit of Rs 370 m (down 78.1% YoY). Sales on the other hand came in at Rs 8 bn (down 16.2% YoY). Read on for a complete analysis of PRAKASH INDUSTRIES's quarterly results.
For the quarter ended June 2019, JINDAL STAINLESS has posted a net profit of Rs 668 m (down 26.4% YoY). Sales on the other hand came in at Rs 31 bn (down 2.5% YoY). Read on for a complete analysis of JINDAL STAINLESS's quarterly results.
For the quarter ended March 2019, PRAKASH INDUSTRIES has posted a net profit of Rs 1 bn (down 17.0% YoY). Sales on the other hand came in at Rs 9 bn (down 2.8% YoY). Read on for a complete analysis of PRAKASH INDUSTRIES's quarterly results.
For the quarter ended March 2019, JINDAL STAINLESS has posted a net profit of Rs 323 m (down 71.9% YoY). Sales on the other hand came in at Rs 33 bn (up 2.5% YoY). Read on for a complete analysis of JINDAL STAINLESS's quarterly results.
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