Quarterly & Annual Financial Results
Prakash Industries Reports FY26 Revenue of ₹3,479 Crore; Board Recommends 18% Dividend
NSE
prakash
BSE
506022
Prakash Industries Limited reported FY26 net sales of ₹3,479 crore and EBITDA of ₹543 crore, while Q4FY26 net sales stood at ₹920 crore. The board recommended a dividend of ₹1.80 per equity share and highlighted operational progress in coal mining capacity expansion.
PRICE-SENSITIVE TRIGGER
Event: Prakash Industries announced audited Q4FY26 and FY26 financial results along with dividend recommendation.
Type: Quarterly & Annual Financial Results
Impact: Positive
Immediate Effect: The results reflected revenue growth, stable EBITDA expansion, improved profitability, and operational progress in mining activities.
Key Metrics:
Q4FY26 Performance:
- Net Sales: ₹920 crore | YoY Growth: 9%
- EBITDA: ₹149 crore | YoY Growth: 7%
- PAT: ₹93 crore
- Coal Extraction During Quarter: ~2.68 lakh MT
FY26 Performance:
- Net Sales: ₹3,479 crore
- EBITDA: ₹543 crore
- PAT: ₹333 crore
- Coal Extraction at Bhaskarpara Mine: ~1 million MT
- Mining Capacity Expansion Plan: From 1.0 MTPA to 1.2 MTPA
Shareholder Return:
- Recommended Dividend: 18%
- Dividend Per Share: ₹1.80 per equity share of ₹10 face value
Highlight Metric:
- Prakash Industries reported improved quarterly and annual financial performance supported by steel operations and increasing coal mining output.
What Happened ?
Prakash Industries Limited announced its financial results for the quarter and year ended March 31, 2026.
The company reported Q4FY26 net sales of ₹920 crore and EBITDA of ₹149 crore, reflecting year-on-year growth of 9% and 7% respectively.
Profit after tax for Q4FY26 increased to ₹93 crore.
For FY26, the company achieved net sales of ₹3,479 crore and EBITDA of ₹543 crore, while annual PAT stood at ₹333 crore.
The Board of Directors recommended a dividend of 18%, translating to ₹1.80 per equity share.
Operationally, the company extracted approximately 2.68 lakh MT of coal during the quarter and achieved targeted extraction of nearly 1 million MT during FY26 from the Bhaskarpara coal mine.
Management also confirmed that the company is in the process of enhancing mining capacity from 1 million MT per annum to 1.2 million MT per annum.
Key Details
Quarterly Financial Performance:
- Q4FY26 net sales increased 9% YoY to ₹920 crore.
- EBITDA rose 7% YoY to ₹149 crore.
- PAT improved to ₹93 crore during the quarter.
- Profitability growth was supported by:
- Stable operational execution
- Mining operations
- Core industrial activities
- EBITDA growth remained relatively aligned with revenue expansion.
Note:
- The quarterly performance reflected stable operational momentum despite commodity-linked business volatility.
Annual Financial Performance:
- FY26 net sales stood at ₹3,479 crore.
- FY26 EBITDA reached ₹543 crore.
- Annual PAT was reported at ₹333 crore.
- The company maintained profitability growth through:
- Operational efficiency
- Mining integration
- Steel and industrial operations
- Dividend recommendation signals confidence in balance sheet and cash generation.
Note:
- The company maintained healthy profitability while continuing investments in mining operations.
Mining & Operational Developments:
- Coal extraction during Q4FY26:
- Approximately 2.68 lakh MT
- FY26 extraction from Bhaskarpara Coal Mine:
- Approximately 1 million MT
- Capacity enhancement process initiated:
- From 1 MTPA to 1.2 MTPA
- Mining expansion may support:
- Raw material integration
- Cost optimization
- Long-term operational stability
- Coal mining operations remain strategically important for the company’s industrial ecosystem.
Note:
- Expansion of mining capacity could improve raw material security and operational leverage over the medium term.
Risk Analysis
Summary:
- Prakash Industries remains exposed to commodity price volatility, mining execution risks, regulatory approvals, and cyclicality in industrial demand.
Key Risks:
- Steel and commodity businesses remain sensitive to pricing cycles.
- Mining expansion requires regulatory approvals and execution discipline.
- Coal production fluctuations may impact raw material availability.
- Industrial demand slowdown could affect sales realization.
- Input cost inflation may pressure EBITDA margins.
- Environmental and mining regulations remain key operational variables.
Worst Case Scenario:
- If commodity prices weaken sharply or mining expansion faces delays, profitability and operational efficiency may come under pressure.
Risk Level: Medium
Company Commentary
- Management highlighted revenue and EBITDA growth during Q4FY26 and FY26.
- The Board recommended an 18% dividend equivalent to ₹1.80 per equity share.
- The company achieved targeted extraction of approximately 1 million MT from Bhaskarpara coal mine during FY26.
- Capacity enhancement from 1 MTPA to 1.2 MTPA is underway.
- Management emphasized continued operational execution and mining expansion initiatives.
Official Exchange Filing: Prakash Industries Limited