Prakash Steelage Reports Revenue Growth Amid Profit Decline in Q2 FY2026

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.80%	-1.00%	-3.68%	-25.93%	-40.48%	+728.33%

Prakash Steelage , a manufacturer of stainless steel pipes and tubes, has announced its financial results for the first quarter. The company's board of directors approved the un-audited financial results at a meeting held on August 11.

Financial Highlights

Revenue: Prakash Steelage reported a total income of Rs. 1,768.51 lakhs for Q1. This includes revenue from operations of Rs. 1,676.98 lakhs and other income of Rs. 91.53 lakhs.
Profitability: The company achieved a net profit after tax of Rs. 38.06 lakhs for the quarter.
Earnings Per Share: Basic and diluted earnings per share stood at Rs. 0.02.
Expenses: Total expenses for the quarter were Rs. 1,621.41 lakhs.
Profit Before Tax: The company recorded a profit before tax of Rs. 48.06 lakhs.

Key Financial Metrics

Particulars	Amount (Rs. in Lakhs)
Revenue from Operations	1,676.98
Other Income	91.53
Total Income	1,768.51
Total Expenses	1,621.41
Profit Before Tax	48.06
Net Profit After Tax	38.06
Earnings Per Share (Rs.)	0.02

Corporate Information

Prakash Steelage maintains a paid-up equity share capital of Rs. 1,750.00 lakhs, with shares having a face value of Re. 1 per share. The company is listed on both the BSE (Scrip Code: 533239) and the National Stock Exchange of India (Symbol: PRAKASHSTL).

Audit and Approval Process

The financial results for the quarter were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting. Pipara & Co LLP, Chartered Accountants, conducted a limited review of the financial results as per the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Commentary

While specific management comments were not provided in the available data, the positive financial results suggest that Prakash Steelage has maintained operational efficiency and profitability in the first quarter.

Investors and stakeholders may find these results encouraging, particularly in light of the company's ability to generate profit in the current economic environment. However, it's important to note that these are quarterly results and may not necessarily indicate long-term trends or performance.

For more detailed information, stakeholders are advised to refer to the full financial statements and disclosures made by the company to the stock exchanges.