Trades in iron and steel products as its sole revenue-generating activity, with FY26 revenue from operations of Rs 16.88 crore and an EBITDA margin of 5.28%. Q1 FY27 revenue from operations rose to Rs 499.11 lakh from Rs 480.61 lakh a year earlier, while PAT nearly doubled to Rs 16.35 lakh. The business is small-scale, with 7,17,000 outstanding shares and paid-up capital below Rs 10 crore, qualifying it for SEBI exemptions from Large Corporate and Annual Secretarial Compliance Report filings. FY26 saw a 34% year-on-year revenue increase and a turnaround from a Rs 55.75 lakh loss in FY25 to a Rs 51.59 lakh profit, with operating cash flow turning positive at Rs 259.01 lakh. Outside the steel trading core, the company has entered a 50:50 partnership with Swarneem Properties LLP for real estate development with a capital commitment of just Rs 25,000, and has invested Rs 158.64 lakh in partnership firm Silverstone Infravetures for layout development. The Board has approved an amendment to the Objects Clause of the Memorandum of Association to permit entry into mining and natural resources, including prospecting, extracting, processing, and trading minerals, ores, metals, coal, hydrocarbons and precious stones, subject to shareholder approval. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Iron and steel trading. Asset-light, single-segment iron and steel trading business with proposed diversification into mining, natural resources and real estate.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 16 | 17 | 15 | 13 | 17 |
| EBITDA (ex other income) | 1 | 0 | 2 | (0) | 0 |
| margin % | 4.2 | 1.4 | 13.2 | (1.6) | 1.2 |
| Owners' profit | 1 | 1 | 1 | (1) | 1 |
| EPS, as reported (₹) | 8.35 | 8.13 | 16.23 | 7.78 | 7.20 |
| ROE % · ROCE % | 6.4 · 11.7 | 5.8 · 5.2 | 10.4 · 18.9 | (5.3) · 3.5 | 4.6 · 6.2 |
| Debt / equity (x) | 0.33 | 0.40 | 0.29 | 0.15 | 0.33 |
| Cash from operations | (2) | 2 | (4) | (2) | 3 |
| Capex | (0) | 0 | 0 | (0) | (1) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 4 | 3 | 3 | 5 | 3 | 3 | 6 |
| Profit before tax | (0) | 0 | (0) | 0 | 0 | 0 | 0 | 0 |
| Net profit | (0) | (1) | (0) | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | (3.60) | 8.35 | (0.04) | 2.42 | 1.23 | 1.86 | 14.20 | 3.15 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WELSPUN CORP LIMITED | 70,880 | 30.7 | 7.54 | 30.2 | 17.2 | 14.9 | 21.1 | 18.5 |
| APL APOLLO TUBES LTD | 59,803 | 48.6 | 11.29 | 31.1 | 22.7 | 26.1 | 22.1 | 8.0 |
| SHYAM METALICS AND ENGY L | 29,979 | 26.8 | 2.43 | 12.2 | 8.6 | 11.4 | 24.1 | 14.9 |
| JINDAL SAW LIMITED | 20,016 | 30.5 | 1.63 | 10.5 | 7.5 | 6.8 | 10.9 | 9.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · Newspaper ad published for 54th AGM notice | compliance | minimal | — | — |
| 3 Sept 2026 · Book Closure for 54th AGM from 19 to 25 September 2026 | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Prabhu Steel submits FY26 annual report, 54th AGM on Sep 25, 2026 | compliance | minimal | — | — |
| 3 Sept 2026 · Notice of 54th AGM on 25 Sept 2026 with resolutions on pay, borrowings | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Board sets 54th AGM for 25 Sep, approves director pay revision and higher borrowing limit | board shareholder meetings | low | — | — |
| 29 Aug 2026 · Board Meeting on Sep 02, 2026 for 54th AGM-related approvals | board shareholder meetings | low | — | — |
| 30 Jul 2026 · Q1 FY27 Results: PAT rises 86% YoY to Rs 16.35 lakh | compliance | minimal | — | — |
| 29 Jul 2026 · No deviation in use of IPO proceeds for Q1 FY27 | compliance | minimal | — | — |
| 29 Jul 2026 · Q1 FY27 results: PAT up 86% YoY, new CFO appointed | results | high | — | — |
| 29 Jul 2026 · Q1 FY27 results approved; CFO change at Prabhu Steel | results | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| RATNAMANI MET & TUB LTD. |
| 19,815 |
| 45.8 |
| 4.71 |
| 23.1 |
| 12.7 |
| 15.6 |
| 14.4 |
| 18.5 |
| GODAWARI POW & ISP LTD | 15,875 | 18.6 | 2.71 | 12.0 | 13.7 | 17.0 | 5.7 | 21.0 |
| USHA MARTIN LTD. | 15,069 | 29.7 | 4.56 | 19.8 | 14.1 | 17.7 | 12.0 | 21.0 |
| GALLANTT ISPAT LIMITED | 13,270 | 30.6 | 4.00 | 17.7 | 14.6 | 16.8 | 34.4 | 17.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 5.7 | 8.7 | 74 of 120 | 39% |
| ROE | 4.6 | 8.6 | 75 of 114 | 35% |
| Debt / Equity | 0.3 | 0.1 | 81 of 114 | 29% |
| EBITDA margin | 6.6 | 11.0 | 67 of 100 | 33% |
| Revenue growth | 135.9 | 13.7 | 6 of 97 | 95% |
| Profit growth | 30.0 | 29.3 | 52 of 105 | 51% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
