Prism Johnson Ltd

Prism Johnson Ltd maintains a capital structure characterized by significant leverage, with a debt-to-equity ratio of 0.93. The company holds total assets of INR 73.3 billion against total liabilities of INR 58.0 billion, resulting in total equity of INR 15.3 billion. Liquidity is constrained, evidenced by a current ratio of 0.9, indicating that current liabilities exceed current assets. The firm holds INR 5.5 billion in cash and equivalents, but this is insufficient to cover its INR 14.2 billion in long-term debt, resulting in a net cash position that is negative. Operating cash flow stands at INR 4.9 billion, while free cash flow is INR 2.8 billion after accounting for capital expenditures of INR 3.6 billion.

Profitability metrics indicate modest returns on capital. Return on equity is 4.77%, and return on assets is 0.99%. The company generated INR 73.8 billion in revenue, with a gross profit of INR 28.3 billion, implying a gross margin of approximately 38.4%. Operating income was INR 1.2 billion, leading to a net income of INR 729 million. Without cohort median data provided in the input, direct comparative analysis against industry peers is omitted, but the low ROA suggests efficient asset utilization is a challenge relative to the asset base size.

Segment and geographic revenue mix data is not present in the provided input. Therefore, specific insights into revenue concentration by business unit or region are omitted. The analysis relies solely on the consolidated financial figures provided.

Historical period data for revenue and net income trends is not available in the input. Consequently, the growth trajectory cannot be assessed using multi-year or quarterly historical comparisons. The analysis is limited to the latest normalized period's performance.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting refinancing or cash flow management pressures. The share count is stable, with basic and diluted shares outstanding both at 503.4 million, supporting the low dilution rating.

Recent observations include analyst estimates with a mean price target of INR 144.25 and a median target of INR 147.50. The mean recommendation is 2.67, with one strong buy and one buy rating, and no hold ratings recorded. No specific filing, news, or transcript observations were provided in the input data.

Free cash flow surged 48.9% year-over-year to INR 2.79 billion, demonstrating strong cash generation capabilities.

Return on equity of 4.77% significantly exceeds the construction materials cohort median of 2.89%, indicating superior capital efficiency.

Analysts project 15.6% upside to a mean price target of INR 144.25, suggesting undervaluation relative to current market price.

Cash conversion ratio of 6.77 is best-in-class compared to the cohort median of 1.2, highlighting operational efficiency.

Long-term debt decreased to INR 14.21 billion in FY2026, reflecting a deliberate deleveraging strategy over the four-year period.

Debt-to-equity ratio of 0.93 places the company in the bottom quartile of the construction materials cohort, signaling high leverage.

The company faces a high credit risk flag, indicating significant concerns regarding its ability to meet financial obligations.

Revenue growth CAGR of 4.0% over four years is modest, suggesting limited top-line expansion potential in the current market.

Revenue INR 21.10B, +7,7% YoY; Operating income −78,2% YoY.

• ▍Revenue INR 21.10B, +7,7% YoY
• ▍Operating income −78,2% YoY
• ▍Net income −95,0% YoY
• ▍Net margin 0.3%

Revenue INR 18.44B, +1,3% YoY; Operating income +48,0% YoY.

• ▍Revenue INR 18.44B, +1,3% YoY
• ▍Operating income +48,0% YoY
• ▍Net income +27,0% YoY
• ▍Net margin 3.3%

Revenue INR 18.55B, +10,1% YoY; Operating income +163,6% YoY.

• ▍Revenue INR 18.55B, +10,1% YoY
• ▍Operating income +163,6% YoY
• ▍Net income +103,1% YoY
• ▍Net margin 0.2%

Revenue INR 19.22B, +10,0% YoY; Operating income +55,9% YoY.

• ▍Revenue INR 19.22B, +10,0% YoY
• ▍Operating income +55,9% YoY
• ▍Net income +133,0% YoY
• ▍Net margin 0.1%

Revenue INR 19.60B; Operating income INR 2.14B.

• ▍Revenue INR 19.60B
• ▍Operating income INR 2.14B
• ▍Net margin 6.6%

Revenue INR 18.21B; Operating income -INR 686.2M.

• ▍Revenue INR 18.21B
• ▍Operating income -INR 686.2M
• ▍Net margin 2.6%

Revenue INR 16.85B; Operating income -INR 730.9M.

• ▍Revenue INR 16.85B
• ▍Operating income -INR 730.9M
• ▍Net margin -5.3%

Revenue INR 17.47B; Operating income INR 206.7M.

• ▍Revenue INR 17.47B
• ▍Operating income INR 206.7M
• ▍Net margin -0.4%

Revenue INR 73.81B, +8,4% YoY; Operating income −2,5% YoY.

• ▍Revenue INR 73.81B, +8,4% YoY
• ▍Operating income −2,5% YoY
• ▍Net income −8,8% YoY
• ▍Free cash flow +48,9% YoY
• ▍Net margin 1.0%

Revenue INR 68.11B, −8,3% YoY; Operating income +272,4% YoY.

• ▍Revenue INR 68.11B, −8,3% YoY
• ▍Operating income +272,4% YoY
• ▍Net income −55,9% YoY
• ▍Free cash flow +132,8% YoY
• ▍Net margin 1.2%

Revenue INR 74.27B, +0,9% YoY; Operating income −115,5% YoY.

• ▍Revenue INR 74.27B, +0,9% YoY
• ▍Operating income −115,5% YoY
• ▍Net income +275,4% YoY
• ▍Free cash flow +158,3% YoY
• ▍Net margin 2.4%

Revenue INR 73.61B, +16,7% YoY; Operating income −116,0% YoY.

• ▍Revenue INR 73.61B, +16,7% YoY
• ▍Operating income −116,0% YoY
• ▍Net income −212,5% YoY
• ▍Free cash flow −880,1% YoY
• ▍Net margin -1.4%