Prakash Steelage Ltd

Prakash Steelage Ltd (PRAKASHSTL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-8.41 %
3 Month Return17.2 %
1 Year Return165.85 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 266
Rank 266
Rank 247
Dividend Yield
Rank 133
Rank 22
Price To Book Ratio
Debt To Asset
Rank 72

Company Information

Prakash Steelage Ltd is a leading manufacturer of High Quality Stainless Steel Seamless and Welded Pipes Tubes Utubes. The company manufactures a wide range of products based on the customer specifications. They produce Stainless Steel seamless and welded Pipes Tubes Utubes. They are having their units situated at Silvassa in Dadra and Nagar Haveli and Umbergaon in Gujarat with total installed production capacity of 15600 MTPA.The company is an ISO 9001: 2008 and PED certified Company. They are also a Govt. Recognized Star Export House exporting to several MNCs into more than 40 countries across the Globe. The companys pipes and tubes are available in sizes ranging from 1/4 NB to 24 NB Schedule 5 Schedule 10 Schedule 40 Schedule 80 etc. and 6.00 mm to 114.40 mm Outer Diameter with wall thickness from 0.50 mm to 6.00 mm. The customer base includes a diverse set of industries including Oil Gas Power Pharmaceutical Petrochemical Sugar Dairy Automobile Desalination etc. They have developed their marketing network in various cities such as Ahmedabad Delhi Hyderabad Chennai and Mumbai. Their products have found wide acceptance in the markets of North America South East Asia Africa MiddleEast and Europe.Their clients include BGR Energy Systems Ltd Bharat Heavy Electrical Ltd KBK Chemie Ltd Chandan Steel Ltd Kudos Chemie Ltd Mojj Engineering Systems Ltd Praj Industries Ltd Steelage Overseas Pvt Ltd Unitech Machine Ltd and Top Honest INC.Prakash Steelage Ltd a flagship company of Prakash Group was incorporated in May 9 1991 as a private limited company with the name Prakash Steelage Private Ltd. Initially the company started with the trading activities i.e trading in the stainless steel sheets coils and plates. In the year 1996 the company started their manufacturing activity by setting up their first plant at Silvassa in the Union Territory of Dadra and Nagar Haveli with a capacity of 4000 MTPA. The unit was set up for producing welded stainless steel and seamless pipes tubes.In August 1997 the company was converted into a public limited company and the name was changed to Prakash Steelage Ltd. In the year 2002 the company was awarded the ISO 9001 : 2000 certification for their unit at Silvassa. In the year 2005 the company was recognized as Export house by the Government.In the year 2007 the company started their second state of the art manufacturing facility at Umbergaon in Gujarat with an installed capacity of 8200 MTPA considering the huge demand and future business potential. Also they further expanded the production capacity by 3400 MTPA making the total to 15600 MTPA. In the year 2008 the company was certified as PED Pressure Equipment Directive AD 2000 Merkbatt W O EIL Llyods IBR Approved Company.In the year 2009 the company was awarded with TUV Certificate for their unit at Silvassa by TUV Rheinland Industrie Service GmbH Cologne Germany. Also the company was awarded with BS OHSAS 180012007 by RINA SpA Genova Italy and ISO140012004 by RINA SpA Genova Italy. In the year 2010 the company was recognized as Star Export House by Government of India. Also they received the vendor approval from Kuwait National Petroleum Company Kuwait. In August 25 2010 the company shares are listed in the Bombay Stock Exchange Ltd and National Stock Exchange Ltd.The company plans to foray into Duplex Super Duplex and Super Austenitic pipes/ tubes. Also they proposed to expand the production capacity to 19000 MTPA.
OrganisationPrakash Steelage Ltd