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:
Shankara Building Products Ltd
(2017
sales of 23.10 billion Indian Rupees [US$351.83 million]
of which 58%
was Channel & Enterprise),
Electrosteel Castings Limited
(20.64 billion Indian Rupees [US$314.40 million]
of which 100%
was Pipes), and
Ratnamani Metals & Tubes Limited
(14.12 billion Indian Rupees [US$215.02 million]
of which 104%
was Steel Tubes and Pipes).
Sales Analysis.
Prakash Industries Ltd reported sales of 21.74 billion Indian Rupees (US$331.02 million)
for the
fiscal
year ending
March of 2017.
This
represents
an
increase of 5.9%
versus 2016, when the company's sales were 20.53 billion Indian Rupees.
Despite this increase, sales are still
well
below the level achieved in 2015, when Prakash Industries Ltd
reported sales of 28.30 billion Indian Rupees.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Prakash Industries Ltd had sales
of 21.00 billion Indian Rupees.
Sales of Steel saw an increase
that was more than double the company's growth rate: sales were up
18.2% in 2017, from
17.99 billion Indian Rupees to 21.27 billion Indian Rupees.
Prakash Industries Ltd also saw significant increases in sales in
Pvc Pipes (up 12.0% to 2.83 billion Indian Rupees)
.