What we do Prakash Industries Ltd manufactures steel products including sponge iron, power generation, and PVC pipes, serving industrial and infrastructure sectors in India. |
Founded in 1,980 |
Market share A key integrated player in steel and power with growing captive mining operations enhancing cost efficiency. |
Problem solved Provides essential steel products and power solutions to support infrastructure and industrial growth while reducing energy costs through captive resources. |
Top clients or who we serve Industries and infrastructure sectors; operates mainly B2B supplying steel, power, and PVC pipes. |
Key management Vikram Agarwal (Managing Director) with strong leadership in steel and power sectors. |
Our journey and innovations Expanded from sponge iron to stainless steel, power generation, captive mining; modernized furnaces and integrated operations for cost efficiency. |
Where we operate India with plants in Uttar Pradesh, Madhya Pradesh, Punjab, Odisha, Gujarat, and Tamil Nadu. |
Top products or what we offer Steel products including sponge iron, TMT bars, wire rods, power generation, PVC pipes, ferro alloys. |
Top brands Integrated steel and power segments with energy-efficient furnaces, first phase 100 MW power, and captive coal/iron ore mines. |
Raw materials needed Iron ore, coal, sponge iron, raw materials for PVC pipes. |
Raw materials supplier Own captive mines for coal and iron ore; external suppliers for complementary materials. |
Recurring vs cyclical contribution Revenue primarily cyclical with recurring revenues from power and steel operations. |
Our industry position Leading player in integrated steel and power operations with captive resource advantage. |
Financial highlights FY 2024-25 revenue Rs. 4014 Cr, PAT Rs. 355 Cr; 9% sales growth; EBITDA Rs. 545 Cr. |
Geographical revenue split Operations concentrated in India across multiple states; no significant exports reported. |
Order book - |
Whats driving growth Increasing steel production capacity, coal mining operation start, cost reduction from captive resources, market demand. |
Our future plans Expand coal extraction to 1 million tonnes; achieve steel production over 1 million tonnes; operational efficiencies. |
Our green promise ISO 14001 certified; pollution control; zero liquid discharge; green belts; waste recycling; environmental audits. |
Our people and values Focus on employee safety with ISO 45001; medical facilities; training; inclusiveness; CSR-driven community development. |
Key challenges ahead Steel sector cyclicality, raw material price volatility, regulatory compliance, environmental sustainability. |
Interesting facts Started coal extraction from own mines recently; first phase 100 MW power commissioned; modern energy-efficient furnaces. |
Risks and strategy Risk of price volatility mitigated by captive mining; continuous technological upgrades; focus on operational efficiency. |
