Prakash Industries Limited

Manufacturer of steel products using DRI route with large production capacity.

1980 | Hisar, Haryana (India) | Active
Last Updated: December 14, 2024

Prakash Industries Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 179.08 Cr
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 702.25 Cr
  • Satisfied Charges ₹ 1,855.41 Cr
  • Revenue Growth 22.12%
  • Profit Growth 76.99%
  • Ebitda 24.26%
  • Net Worth -3.00%
  • Total Assets 0.71%

About Prakash Industries

Prakash Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 July 1980 and has a history of 44 years and six months. Its registered office is in Hisar, Haryana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506022 and on the National Stock Exchange(NSE) under PRAKASH.

The Corporate was formerly known as Prakash Pipes And Industries Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 225.00 Cr and a paid-up capital of Rs 179.08 Cr.

The company currently has active open charges totaling ₹702.25 Cr. The company has closed loans amounting to ₹1,855.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Prakash Industries Limited India are Deepak Mishra as CFO and Arvind as Company Secretary. Jatin Gupta, Sanjay Jain, Ved Agarwal, and Six other members serve as directors at the Company.

Company Details

  • Location

    Hisar, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    prakash.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109HR1980PLC010724

  • Company No.

    010724

  • Stock Symbol

    BSE : 506022 NSE : PRAKASH

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Metals and Minerals
Environment

What products or services does Prakash Industries Limited offer?

Prakash Industries Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Generators, Turbines & Power Plants, Diesel Engine Generator Set, Beams, Purlins, Frames and Girders, Metal Structures, Milling & Grinding Tools, Milling Machines, Solar & Renewable Energy Products, Windmills & Wind Turbines.

Who are the key members and board of directors at Prakash Industries?

Executive Team (4)

NameDesignationAppointment DateStatus
Kanha Agarwal Country flag representing In Managing Director28-May-2014Current
Vikram Agarwal Country flag representing In Managing Director29-May-2012Current
Deepak Mishra CFO21-Dec-2021Current
Arvind Company Secretary02-Aug-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Jatin Gupta Country flag representing In Director 01-Nov-2023Current
Sanjay Jain Country flag representing In Director 02-Aug-2022Current
Ved Agarwal Country flag representing In Whole-Time Director 31-Jul-1980Current
Sunil Kumar Country flag representing In Director 04-Feb-2020Current
Satish Gosain Country flag representing In Director 13-Aug-2018Current
Harsh Agarwal Country flag representing In Director 01-Apr-2024Current

Financial Performance of Prakash Industries.

Prakash Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.12% increase. The company also saw a substantial improvement in profitability, with a 76.99% increase in profit. The company's net worth dipped by a decrease of 3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.12%
Revenue from Operations
22.17%
Total Assets
0.71%
Profit or Loss
76.99%
Net Worth
-3.00%
EBITDA
24.26%

What is the Ownership and Shareholding Structure of Prakash Industries?

In 2022, Prakash Industries had a promoter holding of 42.94% and a public holding of 57.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹702.25 Cr

Satisfied Charges

₹1,855.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 496.85 Cr
  • Corporation Bank Industrial Finance Branch : 200.00 Cr
  • Tata Capital Financial Services Limited : 4.95 Cr
  • Hdfc Bank Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
09 Oct 2024Others₹1.58 CrOpen
26 Aug 2024Others₹0.58 MOpen
15 Jul 2024Others₹0.88 MOpen
15 Jul 2024Others₹0.53 MOpen
18 May 2024Others₹0.60 MOpen

How Many Employees Work at Prakash Industries?

Prakash Industries has a workforce of 3218 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prakash Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Prakash Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Prakash Industries

Recent activity within the organization

  • Charges

    A charge registered on 27 Nov 2019 via Charge ID 100309741 with Others was fully satisfied on 07 Nov 2024.

    07 Nov 2024

  • Charges

    A charge with Others amounted to Rs. 1.58 Cr with Charge ID 100996317 was registered on 09 Oct 2024.

    09 Oct 2024

  • Charges

    A charge registered on 19 Feb 2022 via Charge ID 100546575 with Others was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge registered on 19 Mar 2021 via Charge ID 100443275 with Others was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Charges

    A charge registered on 02 Feb 2021 via Charge ID 100420464 with Others was fully satisfied on 08 Oct 2024.

    08 Oct 2024

  • Annual General Meeting

    Prakash Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

Frequently asked questions

  • Prakash Industries Limited was incorporated on 31 Jul 1980.

  • The authorized share capital of Prakash Industries Limited is ₹ 225.00 Cr and paid-up capital is ₹ 179.08 Cr.

  • Currently 11 directors are associated with Prakash Industries Limited.

    • Jatin Gupta
    • Sanjay Jain
    • Ved Prakash Agarwal
    • Vikram Agarwal
    • Kanha Agarwal
    • Sunil Kumar
    • Satish Chander Gosain
    • Harsh Vardhan Agarwal
    • Ankita Garg
    • Deepak Mishra
    • Arvind
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prakash Industries Limited is 15Kmstone Delhi Road Hissar India, Haryana, 125044.

  • The corporate identification number (CIN) of Prakash Industries Limited is L27109HR1980PLC010724 and the company number is 010724 as per Ministry of Corporate Affairs (MCA).

  • Yes, Prakash Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PRAKASH.

  • The Official website of Prakash Industries Limited is https://www.prakash.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prakash Industries Limited has risen by 22.12%.

  • As Per 2022 financial reports, 3218 employees are currently employed by Prakash Industries Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prakash Industries Limited has experienced an downturn of -3.00%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prakash Industries Limited amount to ₹ 702.25 Cr.

  • The most recent Balance Sheet for Prakash Industries Limited was filed with the ROC on 31 Mar 2024.

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