Prakash Steelage Limited (PRAKASHSTL.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+3588.6%

₹124.30

vs ₹3.37 price

Levered DCF

₹90.07

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.19

Safe zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	80×	85.66×	2.42×	16.46×	0.55×	0.28×	-11.03×	0.44×
P/B	6.9×	12.47×	18.13×	-1.36×	-1.66×	-0.06×	-0.01×	-0.02×
P/S	0.74×	1.45×	1.33×	0.72×	1.96×	0.59×	0.08×	0.14×
EV / EBITDA	31.91×	38.24×	2.36×	16.52×	0.74×	4.48×	41.43×	34.89×
Gross margin	10.0%	11.5%	13.7%	13.9%	21.1%	9.8%	31.7%	30.9%
Operating margin	0.9%	0.8%	35.4%	3.7%	12.6%	-17.7%	12.1%	-14.6%
Net margin	0.9%	1.7%	54.8%	4.4%	354.7%	212.5%	-0.7%	32.5%
Current ratio	1.07×	1.1×	1.04×	0.34×	0.33×	0.08×	0.08×	0.11×
Debt / equity	0.05×	0.46×	0.04×	-0.58×	-0.63×	-0.88×	-0.91×	-0.91×
Interest coverage	12.91×	6.29×	191.75×	39.95×	1.83×	-19.45×	5,370.79×	-5,417.84×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	8.6%	14.6%	750.1%	-8.3%	-301.3%	-23.3%	0.1%	-5.1%
Return on invested capital	5.7%	3.0%	433.0%	-17.1%	-29.1%	17.3%	-5.6%	34.1%
Return on assets	1.9%	3.5%	143.4%	11.1%	436.9%	170.1%	-0.6%	26.1%
Free cash flow yield	5.4%	-3.5%	20.3%	8.2%	41.4%	2.8%	-4.6%	-336.5%
Earnings yield	1.3%	1.2%	41.4%	6.1%	181.4%	362.6%	-9.1%	224.4%
Enterprise value	₹668M	₹1.1B	₹1.4B	₹963.7M	₹1.2B	₹2.1B	₹2.5B	₹2.5B
Net debt / EBITDA	-0.14×	1.12×	-0×	4.82×	0.2×	4.17×	40.99×	34.03×
Cash conversion cycle (days)	20	44	9	-122	-318	-563	-560	-642