Prakash Industries files FY26 sustainability report with exchanges

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Prakash Industries files FY26 BRSR with BSE and NSE
  • Turnover stands at ₹34,786.6 crore; net worth at ₹35,803.7 crore
  • Scope 1 & 2 emissions fall to 2,638,434.27 MTCO2e from 3,158,879.67 MTCO2e
  • Workforce includes 1,776 employees and 6,376 workers
  • Two fatalities reported; LTIFR at 0.715 for employees
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Prakash Industries submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the BSE and NSE on September 7, 2026. The filing covers environmental, social, and governance disclosures in line with SEBI regulations.

The company reported a turnover of ₹34,786.6 crore and a net worth of ₹35,803.7 crore for the period. CSR provisions under Section 135 of the Companies Act apply. The report was compiled on a standalone basis without external assurance.

Environmental Metrics

Prakash Industries operates five plants and six offices across eight states in India. The company serves secondary steel manufacturers with sponge iron, billets, and ferro alloys. Exports contributed nil to total turnover.

Metric FY26 FY25
Total Energy Consumption (GJ) 38,073,905.27 38,931,250.25
Scope 1 & 2 Emissions (MTCO2e) 2,638,434.27 3,158,879.67
Water Withdrawal (KL) 6,368,801 6,870,255

Total energy consumption fell from 38,931,250.25 GJ in FY25 to 38,073,905.27 GJ in FY26. Non-renewable sources accounted for the majority of this mix. Greenhouse gas emissions dropped significantly, with Scope 1 and 2 totals declining to 2,638,434.27 MTCO2e from 3,158,879.67 MTCO2e. Water withdrawal also decreased to 6,368,801 KL.

Workforce and Safety

The entity employed 1,776 permanent staff and 6,376 workers at year-end. Female representation remained low, comprising just 0.56% of employees and 0.20% of workers. Union membership stood at 86.82% for permanent employees and 90.89% for permanent workers.

Safety incidents included two fatalities—one employee and one worker—during FY26. Lost Time Injury Frequency Rate (LTIFR) was recorded at 0.715 for employees and 0.559 for workers. The company maintains ISO 45001 certification for occupational health and safety.

Governance and Compliance

No fines or penalties were paid to regulatory agencies during the year. Eight shareholder complaints and 15 customer complaints were filed; all were resolved satisfactorily. The board comprises eight directors, including one woman. No related-party transactions or significant governance breaches were disclosed.

Historical Stock Returns for Prakash Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.44%-3.76%-0.13%+1.31%-22.13%0.0%

How does Prakash Industries plan to address the continued dominance of non-renewable energy sources in its mix despite the reduction in total consumption?

What specific initiatives will the company implement to improve female representation, which currently stands at less than 1% across employees and workers?

Given the nil export contribution, what is the company's strategy for expanding its international footprint amidst global steel demand shifts?

Prakash Industries posts ₹3,331.4 crore PAT in FY26, recommends ₹1.80 dividend

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Prakash Industries reported FY26 PAT of ₹333.14 crore on net sales of ₹3,478.66 crore
  • EBITDA margin expanded to 15.6% from 13.6% despite a 13% decline in revenue
  • Board recommended a final dividend of ₹1.80 per share for FY26
  • Coal extraction target of ~1 million tonnes achieved at Bhaskarpara mine
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Prakash Industries Limited filed its annual report for the financial year ended March 31, 2026, disclosing a profit after tax of ₹333.14 crore. The company reported net sales of ₹3,478.66 crore, a decline from the previous year’s ₹4,014.35 crore, while EBITDA remained stable at ₹542.75 crore.

The Board of Directors recommended a final dividend of ₹1.80 per equity share of face value ₹10 each, subject to shareholder approval at the 45th Annual General Meeting (AGM) scheduled for September 30, 2026. This payout represents an 18% return on the face value.

Financial Performance

Despite a moderation in top-line revenue, the company maintained strong operational efficiency. The EBITDA margin expanded to 15.6% from 13.6% in the previous year. Depreciation increased to ₹167.93 crore from ₹142.70 crore, and financial expenses decreased slightly to ₹44.08 crore from ₹46.34 crore.

Metric FY26 (₹ in Crores) FY25 (₹ in Crores)
Net Sales 3,478.66 4,014.35
EBITDA 542.75 544.99
Profit After Tax 333.14 355.45
EPS ₹18.60 ₹19.85

Operational Highlights

The company achieved its targeted extraction of approximately 1 million tonnes of coal from its Bhaskarpara Coal Mine during the year. Management plans to enhance the mining plan from 1 million tonnes per annum to 1.2 million tonnes per annum for FY27.

What the Numbers Show

The divergence between declining revenue and stable EBITDA highlights improved cost management. While sales fell by over ₹535 crore, EBITDA contracted by less than ₹2.25 crore, resulting in a significant margin expansion. This suggests that input cost savings or mix shifts offset the volume or price pressure on top-line growth.

Corporate Governance and Dividend

The AGM will be conducted via Video Conferencing or Other Audio Visual Means. Remote e-voting will be open from September 27 to September 29, 2026. Shareholders on record as of September 16, 2026, are eligible for the dividend. The proposed dividend will result in a cash outflow of approximately ₹32.23 crore.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE603A01013/ae2b5a0b-8a05-4409-a065-2ca2d5d694a7.pdf

Historical Stock Returns for Prakash Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.44%-3.76%-0.13%+1.31%-22.13%0.0%

How will the planned increase in coal extraction capacity to 1.2 million tonnes impact Prakash Industries' revenue trajectory in FY27?

What specific operational strategies or cost-saving measures enabled the EBITDA margin expansion despite a significant decline in net sales?

Will the company maintain its current dividend payout ratio if the proposed ₹1.80 per share dividend is approved, given the lower PAT?

More News on Prakash Industries

1 Year Returns:-22.13%