3.55
+0.28%
Close of 9 Nov 2026, in INR
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About Prakash Steelage
Its shares trade on NSE under the ticker PRAKASHSTL.NS. It has been listed since 3 September 2010. In the fiscal year to 31 March 2026, it reported revenue of ₹907.5m and net income of ₹8.4m. At that date it held total assets of ₹444.9m and shareholders' equity of ₹97.3m.
Prakash Steelage Ltd. engages in the manufacturing of stainless steel, welded pipes, tubes and u-tubes. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-09-03. The firm operates through the Manufacturing and Trading of Stainless Steel Tubes & Pipes segment. Its pipes and tubes are available in various sizes. Its products are available in various conditions, such as As welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, OD Conditioned and Straight Lengths. The company produces seamless and welded pipes and tubing in stainless steel, duplex, titanium and other high nickel alloy tubing. Its tubing is available in a range of grades and specifications, and it is used in a variety of applications in industries, such as automotive, pulp and paper, food, semiconductor manufacturing, petrochemicals, oil and gas, pharmaceutical and sugar industry, among others. The firm has an advanced tube bending facility with a capacity to cold bend tubes of various measurements.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 3 Sept 2010
- Website
- prakashsteelage.com ↗
Leadership
Pay as last reported
- Shri. Prakash KanugoExecutive Chairman of the Board, Managing Director₹1.2m
- Shri. Ashok SethChief Financial Officer, Whole Time Director, since 2019₹900,000
- Ms. Sakshi FaganiyaCompliance Officer, Company Secretary
- Shri. Hemant KanugoWhole-Time Director, since 2023₹600,000
- Shri. Kamal Prakash KanugoWhole-Time director, since 2023₹360,000
- Mrs. Neetta BokariaIndependent Director
- Mr. Rajesh AgrawalNon-Executive Independent Director
- Mr. Sharad BohraAdditional Non-Executive Independent Director
- Dr. Bipin DoshiNon-Executive Independent Director
- A. Prakashchandra HegdeNon-Executive Independent Director
- Mrs. Shweta MundraAdditional Non-Executive Independent Director
- Mr. Sundaram PadmanabhanAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Prakash Steelage Ltd manufactures stainless steel pipes and tubes for automotive and petrochemical industries.
- The company offers diverse product conditions including Annealed, Bright Annealed, and U-Bent for various applications.
- Prakash Steelage has an advanced tube bending facility capable of cold bending tubes of various measurements.
Weaknesses
- Prakash Steelage Ltd's IPO was on 3 September 2010, which may indicate limited market experience.
- The company operates only in Mumbai, Maharashtra, restricting its geographical reach.
- Prakash Steelage's business is limited to Manufacturing and Trading of Stainless Steel Tubes & Pipes segment.
Opportunities
- Prakash Steelage can expand into the growing petrochemical and oil and gas sectors in India.
- The company can leverage its stainless steel tubing for the expanding semiconductor manufacturing industry in India.
- Prakash Steelage may increase its presence in the food and pharmaceutical industries through new product development.
Threats
- The global metals and mining sector faces volatility due to fluctuating raw material prices.
- Competition from established steel manufacturers in India poses a threat to Prakash Steelage's market share.
- The Indian Materials sector is subject to regulatory changes that could impact production costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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