513532
Pradeep Metals financials
- Market cap
- ₹841 Cr
What Pradeep Metals does
Pradeep Metals is a forging company (42 years in the business as of FY25) that manufactures low-volume, high-mix customized forged and machined components, emphasising quick tool development and consistent quality, with all its production facilities co-located under one roof in Navi Mumbai. It reaches international customers through a wholly-owned US subsidiary, Pradeep Metals Limited Inc. (Houston), which trades in and markets the company's products and earns agency commission income, and a step-down subsidiary, Dimensional Machine Works LLC (also Houston), which manufactures, trades and warehouses components for the US engineering market.
Segments
- Forging & machining (India)
- US trading & marketing agency
- US manufacturing
- Years in forging business
- 42 years (as of FY25)
- Manufacturing facilities
- 1 (all facilities under one roof, Navi Mumbai)
- Overseas subsidiaries
- 2 (Houston, USA)
Quarterly results
Q1 FY27: revenue up 22.6%, net profit up 33.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 72 | 73 | 84 | 73 | 82 +14% | 83 +13% | 90 +7% | 90 +23% |
| EBITDA | 10 | 9 | 12 | 9 | 13 +26% | 11 +29% | 14 +13% | 11 +29% |
| Net profit | 5 | 5 | 7 | 5 | 6 +20% | 6 +38% | 8 +7% | 6 +33% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +130.2% 1Y
1Y: ₹215 on 10 Sept 2025 → ₹494.95. High ₹590.15 (29 Jun 2026), low ₹211.3 (24 Oct 2025).
Financials, as filed
Revenue grew 7.6% a year over 3 years, FY23 to FY26. Operating margin narrowed to 14.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹263 Cr | ₹251 Cr | ₹294 Cr | ₹328 Cr |
| Operating profit | ₹44 Cr | ₹33 Cr | ₹40 Cr | ₹47 Cr |
| Operating margin | 16.7% | 13.1% | 13.7% | 14.3% |
| Interest | ₹6 Cr | ₹6 Cr | ₹7 Cr | ₹7 Cr |
| Depreciation | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹9 Cr |
| Net profit | ₹26 Cr | ₹18 Cr | ₹23 Cr | ₹25 Cr |
| Net margin | 9.7% | 7.2% | 7.9% | 7.7% |
| Cash from operations | ₹26 Cr | ₹21 Cr | ₹29 Cr | ₹30 Cr |
| Free cash flow | ₹12 Cr | ₹4 Cr | ₹9 Cr | ₹7 Cr |
| ROCE | 20.0% | 17.0% | 18.0% | 19.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹17 Cr | ₹17 Cr | ₹17 Cr | ₹17 Cr | ₹17 Cr | ₹17 Cr |
| Reserves | ₹63 Cr | ₹75 Cr | ₹89 Cr | ₹105 Cr | ₹129 Cr | ₹145 Cr |
| Borrowings | ₹54 Cr | ₹64 Cr | ₹61 Cr | ₹64 Cr | ₹67 Cr | ₹67 Cr |
| Other liabilities | ₹30 Cr | ₹34 Cr | ₹38 Cr | ₹50 Cr | ₹62 Cr | ₹82 Cr |
| Total liabilities | ₹164 Cr | ₹190 Cr | ₹205 Cr | ₹235 Cr | ₹275 Cr | ₹311 Cr |
| Fixed assets | ₹52 Cr | ₹52 Cr | ₹55 Cr | ₹69 Cr | ₹100 Cr | ₹91 Cr |
| Capital work in progress | ₹1 Cr | ₹2 Cr | ₹4 Cr | ₹1 Cr | ₹1 Cr | ₹4 Cr |
| Investments | ₹8 Cr | ₹7 Cr | ₹5 Cr | ₹5 Cr | ₹0 Cr | ₹28 Cr |
| Other assets | ₹102 Cr | ₹130 Cr | ₹141 Cr | ₹160 Cr | ₹174 Cr | ₹189 Cr |
| Total assets | ₹164 Cr | ₹190 Cr | ₹205 Cr | ₹235 Cr | ₹275 Cr | ₹311 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, DIIs added +0.33 pp while the public trimmed −0.33 pp. The shareholder count grew 15% to 6,519.
- Promoters
- 73.5%
- DIIs
- 0.3%
- Public
- 26.2%
Since Jun 2025
- DIIs +0.33 pp
- Public −0.33 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 73.5%, Public 26.5%.Dec '23: Promoters 73.5%, Public 26.5%.Mar '24: Promoters 73.5%, Public 26.5%.Jun '24: Promoters 73.5%, Public 26.5%.Sep '24: Promoters 73.5%, Public 26.5%.Dec '24: Promoters 73.5%, Public 26.5%.Mar '25: Promoters 73.5%, Public 26.5%.Jun '25: Promoters 73.5%, Public 26.5%.Sep '25: Promoters 73.5%, Public 26.5%.Dec '25: Promoters 73.5%, Public 26.5%.Mar '26: Promoters 73.5%, DIIs 0.1%, Public 26.4%.Jun '26: Promoters 73.5%, DIIs 0.3%, Public 26.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Investor Education And Protection Fund Authority Ministry Of Corporate Affairs newly disclosed 2.30% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Pradeep Metals above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nami Capital Private Limited | 59.03% | unchanged |
| Pradeep V Goyal | 9.13% | unchanged |
| Neeru P Goyal | 5.33% | unchanged |
| Kewal Krishan Nohria | 4.07% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 2.30% | newly disclosed |
| Asia Pacific Investment Holdings Limited | 1.33% | unchanged |
| Uronova Medtech Private Limited | 0.00% | unchanged |
| Shubh Buildtech LLP | 0.00% | unchanged |
| Shubh Industrial Park Private Limited | 0.00% | unchanged |
| Forgexel Enterprises Private Limited | 0.00% | unchanged |
| Dhanlabh Engineering Works Private Limited | 0.00% | unchanged |
| Investor Education and Protection Fund | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹495, this stock must grow earnings at 22% every year for 7 years. Our analysis caps realistic growth at ~-0%. At that growth it is worth ₹151 — downside of 69%.
- Growth the price implies
- 21.8% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -0.5% a year
- net profit, FY23–FY26 · EPS -0.5%
- The gap
- 0.2 pp
- -69% downside if it only repeats history
Learn to analyse Pradeep Metals
Guides on how to read this kind of business and the numbers that matter.