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Prakash Sponge Iron And Power Private Limited (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Prakash Sponge Iron And Power Private Limited Profile Updated: February 06, 2026
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

prakash sponge iron and power pvt limited, part of ERM Group, is a company with over 4 decades of experience in iron and manganese ore mining and steel manufacturing. The company operates in the Chitradurga district of Karnataka, India, and produces iron ore lumps and fines suitable for blast furnace, DRI kilns, and pellet manufacturing. They also manufacture mild steel, TMT bars, and structural steel under the brand names Turbosteel and SREERAMA. The company is also involved in solar power generation.

Legal Address
No.4006, Erm Housebanashankari 2Nd Stage K.R Road
Bangalore; Karnataka; Postal Code: 560070

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 10, 2007
Key Executives
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Promoter Director
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Managing Director
Ownership Details
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98.29%
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0.08%
Company Performance
Financial values in the chart are available after Prakash Sponge Iron And Power Private Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-0.73%
Total operating revenue
-0.71%
Operating Profit/Loss (EBIT)
2.36%
EBITDA
1.58%
Net Profit/Loss for the Period
18.55%
Total Assets
32.82%
Total Equity
144.14%
Operating Profit Margin (ROS)
0.21%
Net Profit Margin
0.85%
Return on Equity (ROE)
-62.55%
Debt/Equity
-363.96%
Quick Ratio
0.01%
Cash Ratio
0.49%

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