Prakash Steelage Limited Reports 27% Revenue Growth in Q3 FY26

2 min read     Updated on 14 Feb 2026, 10:53 PM
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Riya DScanX News Team
Overview

Prakash Steelage Limited reported strong revenue growth of 27% YoY to ₹2,446.51 lakhs in Q3 FY26, though net profit after tax declined to ₹33.46 lakhs from ₹67.58 lakhs in Q3 FY25. For nine months FY26, total income grew 16.8% to ₹6,618.78 lakhs while maintaining operational momentum. The results were approved by the Board on February 13, 2026, and published in compliance with regulatory requirements.

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*this image is generated using AI for illustrative purposes only.

Prakash Steelage Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating strong revenue growth amid challenging market conditions. The Mumbai-based company submitted newspaper cuttings of its Q3 FY26 results to stock exchanges on February 14, 2026, in compliance with Regulation 47 of SEBI (LODR) Regulations, 2015.

Quarterly Financial Performance

The company delivered impressive top-line growth during the third quarter of FY26, with total income from operations rising significantly compared to the previous year.

Metric: Q3 FY26 Q3 FY25 Change (%)
Total Income from Operations: ₹2,446.51 lakhs ₹1,927.92 lakhs +26.9%
Net Profit Before Tax: ₹44.62 lakhs ₹93.96 lakhs -52.5%
Net Profit After Tax: ₹33.46 lakhs ₹67.58 lakhs -50.5%
Total Comprehensive Income: ₹45.98 lakhs ₹67.13 lakhs -31.5%

The quarter-on-quarter comparison shows sequential improvement, with total income increasing from ₹2,510.91 lakhs in Q2 FY26 to ₹2,446.51 lakhs in Q3 FY26. Net profit after tax also improved from ₹8.72 lakhs in the previous quarter to ₹33.46 lakhs in Q3 FY26.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Prakash Steelage maintained its growth trajectory across key financial metrics.

Parameter: 9M FY26 9M FY25 Growth (%)
Total Income: ₹6,618.78 lakhs ₹5,666.95 lakhs +16.8%
Net Profit Before Tax: ₹96.30 lakhs ₹148.58 lakhs -35.2%
Net Profit After Tax: ₹80.24 lakhs ₹103.80 lakhs -22.7%
Total Comprehensive Income: ₹87.30 lakhs ₹102.47 lakhs -14.8%

Earnings Per Share and Capital Structure

The company's earnings per share performance reflects the mixed financial results during the reporting period. With a paid-up equity share capital of ₹1,750.00 lakhs, consisting of shares with a face value of Re. 1 each, the earnings metrics show:

  • Q3 FY26 EPS: ₹0.02 (both basic and diluted)
  • Q3 FY25 EPS: ₹0.04 (both basic and diluted)
  • 9M FY26 EPS: ₹0.05 (both basic and diluted)
  • 9M FY25 EPS: ₹0.06 (both basic and diluted)

Regulatory Compliance and Governance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The results underwent review by the audit committee and received approval from the Board of Directors at their meeting held on February 13, 2026. The statutory auditors of the company conducted a limited review of these results.

The company published its results in "Business Standard" (English) and "Pratahkal" (Marathi) newspapers on February 13, 2026, fulfilling its regulatory obligations. Complete financial results are available on the company's website ( www.prakashsteelage.com ) and stock exchange websites ( www.nseindia.com and www.bseindia.com ).

Historical Stock Returns for Prakash Steelage

1 Day5 Days1 Month6 Months1 Year5 Years
+0.65%-1.28%-11.45%-19.86%-36.26%+445.88%

Prakash Steelage Reports Revenue Growth Amid Profit Decline in Q2 FY2026

2 min read     Updated on 13 Nov 2025, 04:06 PM
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Reviewed by
Jubin VScanX News Team
Overview

Prakash Steelage Limited, a stainless steel pipes and tubes manufacturer, announced Q2 FY2026 results. Revenue from operations increased by 30.17% YoY to Rs 2,505.89 lakhs, but net profit after tax declined by 68.55% to Rs 8.72 lakhs. Half-yearly results show improvement with revenue up 15.18% and net profit up 29.15% YoY. The company reported positive operating cash flow of Rs 470.08 lakhs for H1 FY2026, indicating strong core business operations. However, profitability challenges persist, suggesting a need for improved cost management and operational efficiency.

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*this image is generated using AI for illustrative purposes only.

Prakash Steelage Limited , a manufacturer of stainless steel pipes and tubes, has announced its unaudited financial results for the second quarter ended September 30, 2025. The company reported a mixed performance, with significant revenue growth accompanied by a decline in profitability.

Revenue Growth

Prakash Steelage witnessed a substantial increase in revenue from operations for Q2 FY2026:

Particular Q2 FY2026 Q2 FY2025 YoY Change
Revenue from Operations 2,505.89 1,925.02 30.17%

The company's revenue growth demonstrates strong market demand for its products and effective sales strategies.

Profit Margins Under Pressure

Despite the revenue surge, Prakash Steelage experienced a decline in its net profit after tax:

Particular Q2 FY2026 Q2 FY2025 YoY Change
Net Profit After Tax 8.72 27.73 -68.55%

This significant decrease in profitability suggests that the company faced challenges in managing its costs and expenses during the quarter.

Half-Year Performance

For the first half of FY2026 (April 1, 2025, to September 30, 2025), Prakash Steelage reported:

Particular H1 FY2026 H1 FY2025 YoY Change
Revenue from Operations 4,148.89 3,602.00 15.18%
Net Profit After Tax 46.78 36.22 29.15%

The half-yearly results show a more positive trend, with both revenue and profitability improving compared to the same period last year.

Financial Position

As of September 30, 2025, Prakash Steelage's financial position shows:

  • Total Assets: Rs 3,593.77 lakhs
  • Shareholders' Funds: Rs 931.66 lakhs
  • Current Liabilities: Rs 2,576.36 lakhs

The company maintains a significant portion of its assets in inventories (Rs 828.89 lakhs) and trade receivables (Rs 1,519.81 lakhs), indicating potential areas for working capital optimization.

Cash Flow and Liquidity

For the half-year ended September 30, 2025, Prakash Steelage reported:

  • Net Cash inflow from Operating Activities: Rs 470.08 lakhs
  • Net Cash outflow from Investing Activities: Rs 171.26 lakhs
  • Net Cash outflow from Financing Activities: Rs 199.91 lakhs

The positive operating cash flow suggests that the company's core business operations are generating cash, which is a positive sign for its liquidity position.

Outlook

While Prakash Steelage has shown strong revenue growth, the decline in quarterly profits indicates challenges in maintaining profitability. The company may need to focus on cost management and operational efficiency to improve its bottom line in the coming quarters. The positive half-yearly results and strong cash flow from operations provide a foundation for potential future growth and stability.

Investors and stakeholders will likely be watching closely to see how Prakash Steelage addresses its profitability challenges while maintaining its revenue growth momentum in the competitive stainless steel industry.

Historical Stock Returns for Prakash Steelage

1 Day5 Days1 Month6 Months1 Year5 Years
+0.65%-1.28%-11.45%-19.86%-36.26%+445.88%

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1 Year Returns:-36.26%