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Pradeep Metals Ltd Fundamentals

Market Cap
₹ 443.58 Cr
P/E Ratio (TTM)
23.61
P/B Ratio
4.46
Debt to Equity
0.91
ROE
18.77
EPS (TTM)
10.88
Dividend Yield
0.78 %
Book Value
57.57

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Pradeep Metals Ltd Financials

Pradeep Metals Ltd Financials

Pradeep Metals Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 73.49 % 73.49 % 73.49 % 73.49 %
Retail 15.92 % 15.98 % 15.41 % 15.44 %
Others 10.59 % 10.53 % 11.10 % 11.07 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

73.49%

Retail

15.92%

Others

10.59%

Mutual Funds

0.00%

FII

0.00%

Promoters

73.49%

Retail

15.98%

Others

10.53%

Mutual Funds

0.00%

FII

0.00%

Promoters

73.49%

Retail

15.41%

Others

11.10%

Mutual Funds

0.00%

FII

0.00%

Promoters

73.49%

Retail

15.44%

Others

11.07%

Mutual Funds

0.00%

FII

0.00%

Resistance and Support

₹255.98

PIVOT

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Resistance
First Resistance₹257.067
Second Resistance₹259.133
Third Resistance₹260.217
support-arrow
Support
First Support₹253.917
Second Support₹252.833
Third Support₹250.767

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day4,6783,61977.36
Week4,6784,9790.00
1 Month4,67811,4850.00
6 Months2,163,7641,647,84779.31

About Pradeep Metals Ltd

Pradeep Metals Ltd (PML), incorporated in January, 1982 was promoted by V P Goyal to manufacture closed-die steel forgings. The Company uses state-of-the-art machinery with sophisticated tool-room equipment to manufacture its forgings and machined parts. The Company has manufacturing facility in Navi Mumbai. It employs hi-tech design and analysis software to create dies and tooling that play a key role in production of forgings. Manufacturing plant is fully integrated with complete facilities for inspection, testing, cutting, dies and tool making, forging, heat-treatment, finishing, machining, cleaning, surface treatment and assembly. The Company started commercial production in Jul.'83 at Dombivli, Maharashtra. In 1989-90, it expanded the existing capacity to 2400 tonnes per annum (TPA) for forged components in the 500 gm to 8 kg weight range, used mainly in the automobile industry. It came out with a public issue in Jan.'94 to set up a 12,000-tpa unit for press forgings to produce precision parts in the 50 gm to 40 kg weight range, which find application in the defence, engineering, petrochemicals sectors. The expansion programme started in Oct.'94, delayed by eight months, as the plant and machinery arrived late at the site on account of customs problems. The plant at Dombivli (cap. : 2400 tpa) which used the hammer approach in forgings have been closed in 2000 due to low production and huge losses. The Company enhanced its machining capacity and capabilities by adding CNC Turning Centers, Vertical Machining Centers (VMC), Turn Mills / Mill Turns and other equipment to address the rising demand of finished machined components and sub-assemblies. In addition to in-house facilities, it made significant effort and developed dedicated vendors for machining, in order to supplement its machining capacity and capabilities. Thereafter, it expanded machine shop capacity by importing surplus machineries from its Step-down Subsidiary namely Dimensional Machine Works, LLC, Houston (USA) and upgraded them. Recently, the Company has embarked on a journey to improve its bottom line by employing TOC techniques in the process.

Managing Director

1982

Founded

Pradeep Goyal

NSE Symbol

NA

Pradeep Metals Ltd Management

NameDesignation
Pradeep GoyalChairman & Managing Director
Kewal NohriaNon-Exec & Non-Independent Dir
Neeru GoyalNon-Exec & Non-Independent Dir
Jayavardhan D DiwanNon-Exec. & Independent Dir.
Kartick MaheshwariNon-Exec. & Independent Dir.
Nandita Nagpal VohraNon-Exec. & Independent Dir.
Abhinav GoyalNon-Exec & Non-Independent Dir
ADVAIT KURLEKARIndependent Director

Pradeep Metals Ltd News

Pradeep Metals to announce Quarterly Result
On 17 May 2024
Pradeep Metals consolidated net profit declines 5.66% in the December 2023 quarter
Sales rise 0.86% to Rs 67.74 crore
Pradeep Metals announces board meeting date
On 10 February 2024
Pradeep Metals consolidated net profit declines 32.28% in the September 2023 quarter
Sales decline 3.78% to Rs 70.01 crore
Pradeep Metals announces board meeting date
On 4 November 2023
Pradeep Metals consolidated net profit declines 69.76% in the June 2023 quarter
Sales decline 8.33% to Rs 59.43 crore
Pradeep Metals to conduct board meeting
On 4 August 2023
Pradeep Metals to hold AGM
On 4 August 2023
Board of Pradeep Metals recommends final dividend
Of Rs 1 per share
Pradeep Metals consolidated net profit declines 36.52% in the March 2023 quarter
Sales decline 1.38% to Rs 63.05 crore

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Pradeep Metals Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Pradeep Metals Ltd shares in BlinkX

Pradeep Metals Ltd's P/E ratio is 23.61 times as of May 18, 2024 at 12:27 PM.

Pradeep Metals Ltd's most recent financial reports indicate a price-to-book ratio of 4.46, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Pradeep Metals Ltd's market is 444 Cr as on May 18, 2024 at 12:27 PM.

The current financial records of Pradeep Metals Ltd show a 18.77% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Pradeep Metals Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Pradeep Metals Ltd stands at 73.49%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.