India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/prakash-industries-ltd" target="_blank" data-smartkarma-citation="entities:9614:1" rel="noopener">Prakash Industries (PKI IN)</a> Bhaskarpara Coal Mine is now received all the government approvals ensuring stable, self-supplied coal for steel production as well as open market sale.</li>
<li>This development reduces raw material costs, boosts EBITDA potential, and strengthens PIL's valuation amid past corporate governance concerns.</li>
<li>PIL has manageable debt and with rising EBITDA, the company is available at a very attractive valuation compared to its peers.</li>
</ul>



Prakash Industries (PKI IN) Bhaskarpara Coal Mine is now received all the government approvals ensuring stable, self-supplied coal for steel production as well as open market sale.
This development reduces raw material costs, boosts EBITDA potential, and strengthens PIL's valuation amid past corporate governance concerns.
PIL has manageable debt and with rising EBITDA, the company is available at a very attractive valuation compared to its peers.


The Beat Ideas: Prakash Industries Limited, A Mining Catalyst

Partner at Exencial Research, Exencial Research

Viral Kishorchandra Shah

Partner at Exencial Research

Exencial Research

Thematic (Sector/Industry)

<ul>
<li>2024-25 mining proposals hit Rs.167B, rebounding from 2023’s Rs.50B low but still below decade average of Rs.393B, signaling cautious revival.</li>
<li>Assam Sulphur Plant (Rs.107B) announced as 2024-25’s largest project, featuring processing units and terminals, though location remains unconfirmed.</li>
<li>Jayant OC Expansion (Rs.17B) completed, doubling Singrauli mine capacity to 20M tonnes, while Bhaskarpara Coal Mine adds 1M tonne capacity.</li>
</ul>


2024-25 mining proposals hit Rs.167B, rebounding from 2023’s Rs.50B low but still below decade average of Rs.393B, signaling cautious revival.
Assam Sulphur Plant (Rs.107B) announced as 2024-25’s largest project, featuring processing units and terminals, though location remains unconfirmed.
Jayant OC Expansion (Rs.17B) completed, doubling Singrauli mine capacity to 20M tonnes, while Bhaskarpara Coal Mine adds 1M tonne capacity.


Unearthing Growth: Mining Sector’s Subdued Yet Steady Rebound

India

Prakash Industries Limited manufactures steel, ferro alloys, and PVC pipes. The Company exports iron ore and silico manganese.

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Prakash Industries (PKI IN)

The Beat Ideas: Prakash Industries Limited, A Mining Catalyst

Prakash Industries secures government approvals for coal mine, reducing costs and boosting EBITDA potential, strengthening valuation.

Sudarshan Bhandari

Unearthing Growth: Mining Sector’s Subdued Yet Steady Rebound

Mining proposals for 2024-25 show a cautious revival, with Assam Sulphur Plant as the largest project and capacity expansions at Jayant OC and...

Viral Kishorchandra Shah

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

The Beat Ideas: Prakash Industries Limited, A Mining Catalyst

​Prakash Industries secures government approvals for coal mine, reducing costs and boosting EBITDA potential, strengthening valuation.

Sudarshan Bhandari

Unearthing Growth: Mining Sector’s Subdued Yet Steady Rebound

​Mining proposals for 2024-25 show a cautious revival, with Assam Sulphur Plant as the largest project and capacity expansions at Jayant OC and...

Viral Kishorchandra Shah

Prakash Industries secures government approvals for coal mine, reducing costs and boosting EBITDA potential, strengthening valuation.

Mining proposals for 2024-25 show a cautious revival, with Assam Sulphur Plant as the largest project and capacity expansions at Jayant OC and...