Prakash Steelage Limited Net Assets
Prakash Steelage Limited net assets. Based on the latest financial reports, Prakash Steelage Limited (PRAKASHSTL) has net assets worth Rs93.17 Million INR (≈ $1.01 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs359.38 Million ≈ $3.89 Million USD) and total liabilities (Rs266.21 Million ≈ $2.88 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Prakash Steelage Limited annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs93.17 Million |
| % of Total Assets | 25.92% |
| Annual Growth Rate | -10.97% |
| 5-Year Change | N/A |
| 10-Year Change | -91.94% |
| Growth Volatility | 79.34 |
Net Assets of Prakash Steelage Limited (2010–2025)
Net assets of Prakash Steelage Limited from 2010 to 2025. This chart illustrates how Prakash Steelage Limited's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Prakash Steelage Limited to measure how much of total assets are equity-financed.
Annual Net Assets for Prakash Steelage Limited (2010–2025)
The table below shows the annual net assets of Prakash Steelage Limited from 2010 to 2025. For live market cap and overall valuation, see Prakash Steelage Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs89.03 Million ≈ $962.87K |
+15.38% |
| 2024-03-31 | Rs77.17 Million ≈ $834.55K |
+115.39% |
| 2023-03-31 | Rs-501.53 Million ≈ $-5.42 Million |
+7.60% |
| 2022-03-31 | Rs-542.75 Million ≈ $-5.87 Million |
+75.07% |
| 2021-03-31 | Rs-2.18 Billion ≈ $-23.54 Million |
+18.88% |
| 2020-03-31 | Rs-2.68 Billion ≈ $-29.02 Million |
-0.09% |
| 2019-03-31 | Rs-2.68 Billion ≈ $-28.99 Million |
+4.86% |
| 2018-03-31 | Rs-2.82 Billion ≈ $-30.47 Million |
-589.09% |
| 2017-03-31 | Rs-408.91 Million ≈ $-4.42 Million |
-137.00% |
| 2016-03-31 | Rs1.11 Billion ≈ $11.95 Million |
-44.05% |
| 2015-03-31 | Rs1.98 Billion ≈ $21.36 Million |
+7.13% |
| 2014-03-31 | Rs1.84 Billion ≈ $19.94 Million |
+11.71% |
| 2013-03-31 | Rs1.65 Billion ≈ $17.85 Million |
+7.83% |
| 2012-03-31 | Rs1.53 Billion ≈ $16.55 Million |
+10.98% |
| 2011-03-31 | Rs1.38 Billion ≈ $14.92 Million |
+171.08% |
| 2010-03-31 | Rs508.76 Million ≈ $5.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Prakash Steelage Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 75755500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Prakash Steelage Limited Net Assets Breakdown (March 2025)
Prakash Steelage Limited net assets breakdown by equity component as of March 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs175.00 Million | 196.55% |
| Other Components | Rs671.59 Million | 754.31% |
| Total Equity | Rs89.03 Million | 100.00% |
Prakash Steelage Limited Competitors by Market Cap
The table below lists competitors of Prakash Steelage Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gema Grahasarana Tbk
JK:GEMA
|
$6.36 Million |
|
Carmat
PA:ALCAR
|
$6.37 Million |
|
Noble Financials SA
WAR:IBS
|
$6.37 Million |
|
Canadian Premium Sand Inc
V:CPS
|
$6.37 Million |
|
RECYCLICO BATTERY METALS
F:ID4
|
$6.36 Million |
|
Curative Biotechnology Inc
NYSE MKT:CUBT
|
$6.36 Million |
|
Solis Minerals Ltd
V:SLMN
|
$6.35 Million |
|
Evergreen Lithium Ltd
AU:EG1
|
$6.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prakash Steelage Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 77,169,000 to 89,034,000, a change of 11,865,000 (15.4%).
- Net income of 12,957,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 325,313,000.
- Other factors increased equity by 324,221,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs12.96 Million | +14.55% |
| Other Comprehensive Income | Rs-325.31 Million | -365.38% |
| Other Changes | Rs324.22 Million | +364.15% |
| Total Change | Rs- | 15.38% |
Book Value vs Market Value Analysis
This analysis compares Prakash Steelage Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.16x to 6.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs2.91 | Rs3.36 | x |
| 2011-03-31 | Rs7.88 | Rs3.36 | x |
| 2012-03-31 | Rs8.75 | Rs3.36 | x |
| 2013-03-31 | Rs9.43 | Rs3.36 | x |
| 2014-03-31 | Rs10.54 | Rs3.36 | x |
| 2015-03-31 | Rs11.29 | Rs3.36 | x |
| 2016-03-31 | Rs6.31 | Rs3.36 | x |
| 2017-03-31 | Rs-2.34 | Rs3.36 | x |
| 2018-03-31 | Rs-16.10 | Rs3.36 | x |
| 2019-03-31 | Rs-15.32 | Rs3.36 | x |
| 2020-03-31 | Rs-15.33 | Rs3.36 | x |
| 2021-03-31 | Rs-12.44 | Rs3.36 | x |
| 2022-03-31 | Rs-3.10 | Rs3.36 | x |
| 2023-03-31 | Rs-2.90 | Rs3.36 | x |
| 2024-03-31 | Rs0.44 | Rs3.36 | x |
| 2025-03-31 | Rs0.53 | Rs3.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prakash Steelage Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.69%
- • Asset Turnover: 2.04x
- • Equity Multiplier: 4.21x
- Recent ROE (14.55%) is below the historical average (48.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 34.65% | 4.03% | 1.51x | 5.70x | Rs125.41 Million |
| 2011 | 18.04% | 4.57% | 1.31x | 3.01x | Rs110.93 Million |
| 2012 | 11.07% | 2.48% | 1.29x | 3.47x | Rs16.38 Million |
| 2013 | 8.50% | 1.77% | 1.48x | 3.24x | Rs-24.77 Million |
| 2014 | 11.61% | 2.09% | 1.60x | 3.48x | Rs29.66 Million |
| 2015 | 7.45% | 1.31% | 1.40x | 4.07x | Rs-50.38 Million |
| 2016 | -79.54% | -15.57% | 1.14x | 4.50x | Rs-989.48 Million |
| 2017 | 0.00% | -106.52% | 0.43x | 0.00x | Rs-1.47 Billion |
| 2018 | 0.00% | -533.54% | 0.69x | 0.00x | Rs-2.13 Billion |
| 2019 | 0.00% | 32.50% | 0.80x | 0.00x | Rs405.52 Million |
| 2020 | 0.00% | -0.74% | 0.85x | 0.00x | Rs265.97 Million |
| 2021 | 0.00% | 212.54% | 0.80x | 0.00x | Rs725.27 Million |
| 2022 | 0.00% | 354.70% | 1.23x | 0.00x | Rs1.69 Billion |
| 2023 | 0.00% | 4.37% | 2.54x | 0.00x | Rs91.61 Million |
| 2024 | 750.14% | 54.84% | 2.62x | 5.23x | Rs571.16 Million |
| 2025 | 14.55% | 1.69% | 2.04x | 4.21x | Rs4.05 Million |
Industry Comparison
This section compares Prakash Steelage Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,040,938,729
- Average return on equity (ROE) among peers: 0.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prakash Steelage Limited (PRAKASHSTL) | Rs93.17 Million | 34.65% | 2.86x | $6.36 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-7.34 Billion | 0.00% | 0.00x | $3.13 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $18.33 Billion | 19.65% | 0.85x | $6.46 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.23 Billion | 25.69% | 2.12x | $101.62 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $669.63 Million | -78.16% | 9.03x | $37.49 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.40 Billion | 1.17% | 3.29x | $117.24 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.82 Billion | 0.00% | 0.00x | $81.89 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $12.74 Million |
| Goodluck India Limited (GOODLUCK) | $786.55 Million | 20.98% | 2.40x | $184.94 Million |
| Godawari Power And Ispat limited (GPIL) | $5.08 Billion | 11.02% | 1.22x | $1.35 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.09 Million | 4.92% | 1.35x | $109.68 Million |
About Prakash Steelage Limited
Prakash Steelage Limited manufactures and trades in stainless steel welded pipes and tubes in India. The company offers large diameter pipes; welded instrumentation tubes; welded heat exchanger tubes; condenser tubes, and tubes for critical applications; and welded EFW pipes. It serves the boilers, automobiles, breweries, chemical and fertilizers, condensers, pharmaceuticals, and pump valves indu… Read more