Prakash Industries Reports Strong Financial Performance for FY26, Recommends 18% Dividend
New Delhi, May 22, 2026 — Prakash Industries Limited announced its financial results for the quarter and the year ended March 31, 2026. The company reported significant growth in key operational metrics and recommended a substantial dividend to its shareholders.During the fourth quarter of fiscal year 2026 (Q4FY2026), the company achieved Net Sales of approximately 920 Crores. This represented a 9% growth year over the corresponding quarter of the previous financial year. EBITDA for the quarter reached approximately 149 Crores, reflecting a 7% increase year on year. Profit after Tax also climbed to approximately 93 Crores in Q4FY2026.
For the full fiscal year 2026, Prakash Industries reported a total Net Sales of approximately 3479 Crores. The EBITDA for the year stood at approximately 543 Crores, leading to a Profit after Tax of approximately 333 Crores.
| Metric | Q4 FY2026 | FY2026 (Year-End) |
|---|---|---|
| Net Sales | ~920 Crores | ~3479 Crores |
| EBITDA | ~149 Crores | ~543 Crores |
| Profit after Tax | ~93 Crores | ~333 Crores |
In keeping with its robust financial performance, the Board of Directors recommended a dividend of 18% per equity share. This equates to a payment of 1.80 per Equity Share of 10 each.
Operational Highlights
On the operational front, the company confirmed its coal extraction activity. Prakash Industries extracted -2.68 lac MT of coal during the quarter. The company successfully achieved the targeted extraction of -1 Mn MT of coal during the entire Financial Year 2026 from its Bhaskarpara Coal Mine.Furthermore, Prakash Industries Limited stated that it is actively enhancing its mining plan. The current operational plan is being increased from 1 Mn MT per annum to 1.2 Mn MT per annum.
PRAKASH Stock Price Movement
Prakash Industries Limited shares today slipped by 5.53% to close at ₹143.59, shedding ₹8.27 from its previous close. The equity saw substantial interest with a trading volume of 819,756 shares, contributing to the noticeable downward momentum.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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