---
title: "Pittsburgh Iron & Steels Ltd (531135) — Share Price, Financials & Analysis"
symbol: "531135"
company: "Pittsburgh Iron & Steels Ltd"
canonical: "https://tapetide.com/stocks/531135"
isin: "INE765E01012"
bse_code: "531135"
generated_at: "2026-10-13T11:00:18.591Z"
---

# Pittsburgh Iron & Steels Ltd (531135)

Canonical page: https://tapetide.com/stocks/531135

## Company

- **BSE Code:** 531135
- **ISIN:** INE765E01012
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -41.4% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -600% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 52.03 | 42.62 | 41.37 | 55.37 | 59.74 | 42.95 | 43.37 | 57.73 | 59.26 | 40.74 | 35.83 | 60.9 |
| Expenses | 45.06 | 38.22 | 36.95 | 44.47 | 48.7 | 42.47 | 40.47 | 45.9 | 46.38 | 42.45 | 42.04 | 49.34 |
| Operating Profit | 6.97 | 4.4 | 4.42 | 10.9 | 11.04 | 0.48 | 2.9 | 11.83 | 12.88 | -1.71 | -6.21 | 11.56 |
| OPM % | 13.4 | 10.32 | 10.68 | 19.69 | 18.48 | 1.12 | 6.69 | 20.49 | 21.73 | -4.2 | -17.33 | 18.98 |
| Other Income | 8.18 | 1.59 | 1.78 | 2.88 | 3.55 | 5.18 | 4.95 | 3.08 | 2.69 | 3.23 | 1.97 | 0.91 |
| Interest | 1.45 | 0.63 | 0.61 | 0.6 | 0.56 | 0.54 | 0.52 | 0.59 | 0.58 | 0.61 | 0.83 | 0.71 |
| Depreciation | 2.95 | 3.46 | 3.57 | 3.65 | 3.68 | 3.5 | 3.84 | 4.05 | 4.25 | 4.38 | 4.85 | 4.89 |
| Profit before tax | 10.75 | 1.9 | 2.02 | 9.53 | 10.35 | 1.62 | 3.49 | 10.27 | 10.74 | -3.47 | -9.92 | 6.87 |
| Tax % | -0.37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 10.79 | 1.9 | 2.02 | 9.53 | 10.35 | 1.62 | 3.49 | 10.27 | 10.74 | -3.47 | -9.92 | 6.87 |
| EPS in Rs | 0.16 | 0.03 | 0.03 | 0.14 | 0.16 | 0.02 | 0.05 | 0.16 | 0.16 | -0.05 | -0.15 | 0.1 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Sep 2007 18m | Sep 2008 |
| --- | --- | --- | --- |
| Sales | 1.15 | 5.97 | 0 |
| Expenses | 2.05 | 5.99 | 0.09 |
| Operating Profit | -0.9 | -0.02 | -0.09 |
| OPM % | -78.26 | -0.34 | — |
| Other Income | -0.16 | 0.04 | 0.01 |
| Interest | 0 | 0 | 0.01 |
| Depreciation | 0.04 | 0 | 0.01 |
| Profit before tax | -1.1 | 0.02 | -0.1 |
| Tax % | 0.91 | 0 | 0 |
| Net Profit | -1.11 | 0.02 | -0.1 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Sep 2007 | Sep 2008 |
| --- | --- | --- | --- |
| Equity Capital | 4.23 | 4.23 | 4.23 |
| Reserves | -3.49 | -3.47 | -3.57 |
| Borrowings | 0 | 0 | 0 |
| Other Liabilities | 0.09 | 6 | 0.12 |
| Total Liabilities | 0.83 | 6.76 | 0.78 |
| Fixed Assets | 0.08 | 0.08 | 0.06 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets | 0.75 | 6.68 | 0.72 |
| Total Assets | 0.83 | 6.76 | 0.78 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Sep 2007 | Sep 2008 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 0.06 | -0.01 | 0.05 |
| Cash from Investing Activity | 0.06 | 0 | 0 |
| Cash from Financing Activity | -0.2 | 0 | 0 |
| Net Cash Flow | -0.08 | -0.01 | 0.05 |
| Free Cash Flow | 0.12 | -0.01 | 0.05 |
| CFO/OP | -7 | 50 | -56 |

### Ratios

| Item | Mar 2006 | Sep 2007 | Sep 2008 |
| --- | --- | --- | --- |
| Debtor Days | 57.13 | 375.39 | — |
| Inventory Days | 14.6 | 2.46 | — |
| Days Payable | 14.6 | 368.07 | — |
| Cash Conversion Cycle | 57.13 | 9.78 | — |
| Working Capital Days | 53.96 | 11.01 | — |
| ROCE % | — | 2.67 | -12.68 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 63.88% | 47.27% | 47.27% | 47.27% | 47.27% | 49.57% | 49.58% | 47.03% | 39.07% | 39.07% |
| FIIs | 0.01% | 0.2% | 0.22% | 0.05% | 0% | 0% | 0.01% | 0.23% | 0.13% | 0.11% |
| DIIs | 5.24% | 3.68% | 2.54% | 2.27% | 2.27% | 2.17% | 1.55% | 1.55% | 1.56% | 1.56% |
| Public | 30.86% | 48.85% | 49.97% | 50.41% | 50.46% | 48.26% | 48.87% | 51.19% | 59.22% | 59.25% |
| No. of Shareholders | 95822 | 85982 | 84220 | 81951 | 80755 | 85616 | 85442 | 135572 | 155274 | 147041 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 49.58% | 49.58% | 49.58% | 49.58% | 47.03% | 45.36% | 41.99% | 39.86% | 39.07% | 39.07% | 39.07% | 39.07% |
| FIIs | 0.01% | 0.03% | 0% | 0% | 0.23% | 0.09% | 0.16% | 0.14% | 0.13% | 0.08% | 0.09% | 0.11% |
| DIIs | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% | 1.55% | 1.56% | 1.56% | 1.56% | 1.56% | 1.56% |
| Public | 48.87% | 48.84% | 48.86% | 48.87% | 51.19% | 53% | 56.32% | 58.44% | 59.22% | 59.28% | 59.27% | 59.25% |
| No. of Shareholders | 85442 | 83968 | 86260 | 108442 | 135572 | 136416 | 142621 | 155233 | 155274 | 153240 | 150092 | 147041 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 18.8 | Sell |
| EMA (10) | 18.64 | Sell |
| SMA (20) | 19.27 | Sell |
| EMA (20) | 19.12 | Sell |
| SMA (50) | 19.69 | Sell |
| EMA (50) | 19.61 | Sell |
| SMA (100) | 20.96 | Sell |
| EMA (100) | 19.49 | Sell |
| SMA (200) | 18.45 | Sell |
| EMA (200) | 18.41 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.52 | Neutral |
| MACD (12,26,9) | -0.52 | Sell |
| Stochastic (14,3,3) | 31.93 | Neutral |
| ADX (14) | 18.44 | Neutral |
| Williams %R (14) | -72.33 | Neutral |
| ATR (14) | 1.89 | High Volatility |
| ROC (12) | -7.58 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 46.72 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9656cf8-cd71-4ab1-a54d-5d8da825f6af.pdf) |
| 2026-02-16 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/babd2f4a-fb28-4db1-b85b-3a4a3671d549.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14405773-44ed-4817-9dce-1fc6f44f4e5f.pdf) |
| 2026-02-12 | [Board Meeting Outcome for Financial Results For Third Quarter And Nine Months Ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12233eb4-3f1d-4ed9-82a5-81212c6b5839.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6798991c-d0ad-4c61-847b-3cb8b3844a28.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51da3279-1a30-4274-b716-7eec5448d96d.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/342370b0-3498-49fe-a947-254eab7dd976.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72732661-9f07-426b-8ef0-2e69da69471e.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/500193/73993500193.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/500193/69087500193.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/500193/65201500193.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/500193/5001930319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/500193/5001930318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/500193/5001930317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/500193/5001930316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jul 2015 | [Concall - Jul 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B5E7630E_F2E6_437B_89D7_A5416D4B6B2C_171535.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:18.591Z.