Prakash Industries Ltd operates in the Steel pipe and tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Prakash Industries Ltd with three other
companies in this sector in INDIA :
Electrosteel Castings Limited
(2020
sales of 26.67 billion Indian Rupees [US$356.26 million]
of which 100%
was Pipes),
Ratnamani Metals & Tubes Limited
(25.83 billion Indian Rupees [US$345.11 million]
of which 100%
was Steel Tubes and Pipes), and
Shankara Building Products Ltd
(26.40 billion Indian Rupees [US$352.67 million]
of which 55%
was Retail).
Sales Analysis.
Prakash Industries Ltd reported sales of 29.74 billion Indian Rupees (US$397.28 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 17.1%
versus 2019, when the company's sales were 35.88 billion Indian Rupees .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Prakash Industries Ltd had sales
of 28.30 billion Indian Rupees .
Contributing to the drop in overall sales was the 99.5% decline
in Power, from 7.97 billion Indian Rupees to 39.90 million Indian Rupees .
There were also decreases in sales in
Iron and Steel (down 17.1% to 29.70 billion Indian Rupees )
.