Must Grab - Prakash Industries (CMP Rs.100)

1. Q1FY18 :- Turn Over 13%, NPM increased to 8.2%

 

• Promoter Share Holding 49%

Reduction in debt liabilityDebt has reduced, so far, by ~ Rs 92 cr on account of conversion of FCCB.
The company had issued US$17.85 mn FCCB in Sep-15, out of which, US$ 14.5 mn bonds have since been converted.

Company is diversified business in Steel (Wire RodsHB Wire,Structural Steels,TMT Bars),Power and PVC Pipes

Company has already decided to Demerger the PVC Pipe Business.

Capacity Expansion Plans

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