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Dossier · PRADEEP METALS LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
PRADEEP METALS LTD. NSE: PRADPME · BSE: 513532
Consumer Discretionary › Automobile and Auto Components › Auto Components › Auto Components & Equipments
PRADEEP METALS LTD.
StateQ4 FY26 filed
Last close · 29 Oct 2026₹634.60
Market cap₹1.1k cr
TTM P/E · P/B · EV/EBITDA36.1 · 6.67 · 20.4
Manufactures closed die steel forgings and processed steel components, classified under auto components and equipment. The forging line is the core revenue source, with a small in-house power generation activity alongside it. The company is moving into defence manufacturing with a new greenfield artillery shell plant at Butibori, Nagpur. Materials — primarily steel — are the largest cost at 48.3% of revenue, followed by employees at 14.0% and other operating expenses at 26.7%. Consolidated total revenue for FY26 was Rs 338.03 crore on total assets of Rs 319.69 crore, with depreciation at 2.9% of revenue. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Closed die steel forging and processing, Power generation. Asset-heavy steel forging and processing
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
₹ crore · consolidated
FY22
FY23
FY24
FY25
FY26
Revenue
221
268
277
312
338
EBITDA (ex other income)
33
45
41
47
54
margin %
14.9
16.7
15.0
15.1
16.1
Owners' profit
19
24
0
0
0
EPS, as reported (₹)
11.56
15.19
12.90
15.73
17.57
ROE % · ROCE %
26.6 · 28.4
27.8 · 32.7
19.6 · 25.8
19.8 · 26.5
29.7 · 24.8
Debt / equity (x)
1.08
0.77
0.64
0.52
0.46
Cash from operations
12
37
32
33
32
Capex
(20)
(19)
(18)
(23)
(24)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PRADEEP METALS LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
₹ crore
Q1 FY25
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Revenue
71
74
79
87
78
86
84
91
Profit before tax
9
8
8
10
7
10
9
13
Net profit
7
6
7
7
6
7
7
16
EPS (₹)
4.04
3.75
3.83
4.11
3.22
4.28
4.09
5.98
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
Segment
Revenue, ₹ crore
Share %
(a) Closed die steel forging and processing
336
98.6
(b) Power generation
5
1.4
Total, before eliminations
341
100.0
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
SAMVRDHNA MTHRSN INTL LTD
1,69,176
38.6
3.87
15.1
9.4
8.2
17.1
9.0
BOSCH LIMITED
1,39,756
59.1
9.41
34.3
18.7
24.1
15.6
17.9
BHARAT FORGE LTD
83,937
118.9
8.78
30.3
11.4
13.2
21.6
8.8
UNO MINDA LIMITED
63,520
52.8
8.75
29.1
17.7
15.7
25.3
10.4
SCHAEFFLER INDIA LIMITED
56,735
45.3
9.23
—
10.4
14.1
—
19.4
SONA BLW PRECISION FRGS L
54,705
78.5
8.92
47.5
10.3
12.9
—
25.1
TUBE INVEST OF INDIA LTD
41,237
67.9
2.90
15.9
7.9
12.4
30.3
10.6
ENDURANCE TECHNO. LTD.
32,484
33.5
4.75
15.9
13.9
15.6
17.4
13.2
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/E (TTM)
36.5
25.3
81 of 119
32%
P/B
6.8
3.2
96 of 117
18%
ROCE
20.9
12.6
25 of 125
81%
ROE
29.7
11.7
4 of 117
97%
Debt / Equity
0.5
0.3
73 of 117
38%
EBITDA margin
19.3
12.2
19 of 118
85%
Revenue growth
4.5
20.2
96 of 113
15%
Profit growth
123.2
24.4
19 of 115
84%
Market cap
1108
1460
69 of 126
46%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · PRADEEP METALS LTD. · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
13 Oct 2026 · Routine RTA compliance certificate for Q2 FY27
2 Sept 2026 · NCLT hearing on Oct 14 for Nami Capital merger with Pradeep Metals
compliance
minimal
—
—
9 Aug 2026 · Pradeep Metals Q1 FY27: Net profit rises 33% YoY to Rs 6.18 cr
compliance
minimal
—
—
8 Aug 2026 · Re-appointment of Managing Director and Non-Executive Director approved at AGM
management changes
high
—
—
8 Aug 2026 · Pradeep Metals 43rd AGM: All 5 resolutions passed, dividend declared
board shareholder meetings
low
—
—
7 Aug 2026 · FY26 results; Rs 250 Cr greenfield defence plant at Nagpur
capex operations
high
—
—
7 Aug 2026 · 43rd AGM proceedings: 250 crore capex for ammunition plant in Nagpur
board shareholder meetings
low
—
—
7 Aug 2026 · Q1 FY27 Results: Standalone Revenue up 23%, PAT up 33% YoY
results
high
—
—
7 Aug 2026 · Pradeep Metals Q1 FY27: revenue up 23%, PAT jumps 33% on standalone basis
results
high
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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Sources, method and disclosures
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.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
