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Panchmahal Steel Ltd
513511 BSE
Panchmahal Steel Ltd
Industrials BSE: 513511 Industrial Products
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
3- Stock is trading at 3.64 times its book value
- The company has delivered a poor sales growth of 2.54% over past five years.
- Company has a low return on equity of 0.86% over last 3 years.
Growth Rate
Revenue Growth
5.00% →
Net Income Growth
884.00% →
Cash Flow Change
-
ROE
-1.00% ↘
ROCE
-
EBITDA Margin (Avg.)
-
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 107 | 119 | 103 | 98.5 | 98.13 | 99.05 | 94.72 | 91.21 | 87.54 | 92.63 | 98.11 | 106 | 93.97 |
| Expenses | 103 | 115 | 101 | 92.88 | 92.84 | 94.15 | 89.49 | 91.12 | 87.74 | 89.45 | 93.7 | 102 | 85.78 |
| Operating Profit | 4.31 | 3.94 | 1.85 | 5.62 | 5.29 | 4.9 | 5.23 | 0.09 | -0.2 | 3.18 | 4.41 | 3.76 | 8.19 |
| OPM % | 4.01% | 3.31% | 1.8% | 5.71% | 5.39% | 4.95% | 5.52% | 0.1% | -0.23% | 3.43% | 4.49% | 3.55% | 8.72% |
| Other Income | 0.35 | 1.16 | 1.66 | 1.07 | 0.68 | 0.94 | 0.53 | 0.56 | 1.04 | 0.74 | 0.67 | 0.53 | 0.64 |
| Interest | 2.48 | 2.13 | 1.93 | 1.41 | 1.39 | 1.37 | 1.51 | 1.34 | 1.47 | 1.14 | 1.44 | 1.36 | 1.03 |
| Depreciation | 2.01 | 2.02 | 2.02 | 2.04 | 2.01 | 2.01 | 2.01 | 2.02 | 1.99 | 1.99 | 2 | 2.01 | 2 |
| PBT | 0.17 | 0.95 | -0.44 | 3.24 | 2.57 | 2.46 | 2.24 | -2.71 | -2.62 | 0.79 | 1.64 | 0.92 | 5.8 |
| Tax % | 23.53% | 25.26% | -27.27% | 25% | 25.29% | 27.64% | 25.89% | -24.72% | -26.72% | 30.38% | 25.61% | 331.52% | 25.17% |
| Net Profit | 0.13 | 0.71 | -0.32 | 2.44 | 1.91 | 1.78 | 1.66 | -2.03 | -1.92 | 0.55 | 1.23 | -2.12 | 4.34 |
| EPS in Rs | 0.07 | 0.37 | -0.17 | 1.28 | 1 | 0.93 | 0.87 | -1.06 | -1.01 | 0.29 | 0.64 | -1.11 | 2.27 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 390 | 290 | 329 | 396 | 453 | 330 | 339 | 574 | 489 | 428 | 383 | 384 | 391 |
| Expenses | 380 | 292 | 311 | 379 | 430 | 327 | 316 | 498 | 473 | 412 | 368 | 373 | 371 |
| Operating Profit | 11 | -2 | 18 | 16 | 23 | 4 | 23 | 76 | 16 | 16 | 16 | 11 | 20 |
| OPM % | 2.7% | -0.6% | 5% | 4.2% | 5% | 1.2% | 7% | 13% | 3.2% | 3.7% | 4% | 2.9% | 5% |
| Other Income | 3 | 3 | 4 | 5 | 2 | 2 | 4 | 4 | 1 | 4 | 3 | 3 | 3 |
| Interest | 11 | 11 | 14 | 13 | 14 | 14 | 10 | 6 | 7 | 8 | 6 | 5 | 5 |
| Depreciation | 9 | 8 | 8 | 8 | 8 | 8 | 7 | 8 | 8 | 8 | 8 | 8 | 8 |
| PBT | -6 | -19 | 0 | 0 | 4 | -15 | 10 | 67 | 2 | 4 | 5 | 1 | 9 |
| Tax % | -37% | -33% | -16% | -41% | 33% | 112% | 0% | 12% | 28% | 24% | 27% | 405% | — |
| Net Profit | -4 | -13 | 0 | 1 | 3 | -32 | 10 | 59 | 1 | 3 | 3 | -2 | 4 |
| EPS in Rs | -1.85 | -6.6 | 0.15 | 0.29 | 1.34 | -16.88 | 5.14 | 30.71 | 0.72 | 1.56 | 1.75 | -1.18 | 2.09 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 0% | 0% | 172% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 115 | 102 | 102 | 102 | 104 | 73 | 83 | 141 | 135 | 138 | 141 | 132 |
| Borrowings | 56 | 62 | 70 | 70 | 69 | 72 | 55 | 28 | 76 | 40 | 50 | 35 |
| Other Liabilities | 111 | 86 | 120 | 110 | 89 | 89 | 121 | 111 | 65 | 38 | 32 | 38 |
| Total Liabilities | 301 | 269 | 311 | 301 | 282 | 253 | 277 | 299 | 295 | 234 | 242 | 224 |
| Fixed Assets | 116 | 108 | 101 | 96 | 90 | 82 | 75 | 73 | 71 | 65 | 57 | 52 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 185 | 160 | 209 | 205 | 192 | 170 | 202 | 226 | 224 | 169 | 184 | 172 |
| Total Assets | 301 | 269 | 311 | 301 | 282 | 253 | 277 | 299 | 295 | 234 | 242 | 224 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 11 | 3 | 6 | 14 | 14 | 7 | 29 | 38 | -30 | 40 | -5 | 29 |
| Investing | -4 | 1 | 1 | -1 | 0 | 3 | 0 | -3 | -6 | 5 | 1 | -3 |
| Financing | -6 | -6 | -6 | -14 | -14 | -10 | -28 | -32 | 34 | -45 | 4 | -26 |
| Net Cash Flow | 2 | -1 | 1 | 0 | 0 | 0 | 1 | 2 | -3 | 0 | 0 | 0 |
| Free Cash Flow | 7 | 3 | 5 | 11 | 13 | 7 | 31 | 35 | -37 | 38 | -5 | 25 |
| CFO/OP | 112 | -155 | 27 | 100 | 62 | 186 | 127 | 50 | -171 | 236 | -9 | 251 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 31 | 48 | 34 | 22 | 28 | 36 | 26 | 33 | 35 | 44 | 45 |
| Inventory Days | 155 | 188 | 219 | 173 | 155 | 205 | 237 | 159 | 156 | 142 | 175 | 161 |
| Days Payable | 127 | 128 | 177 | 129 | 97 | 128 | 182 | 89 | 51 | 27 | 27 | 30 |
| Cash Conversion Cycle | 56 | 90 | 89 | 78 | 81 | 105 | 91 | 97 | 138 | 150 | 191 | 176 |
| Working Capital Days | -3 | -16 | 2 | 8 | 12 | 11 | 26 | 51 | 56 | 80 | 100 | 98 |
| ROCE % | 2% | -4% | 7% | 7% | 9% | -2% | 11% | 41% | 4% | 6% | 5% | 3% |
Documents
1
Intimation For Cut-Off Date For E-Voting
3 Aug - 53rd AGM e-voting cut-off set for 18 September 2026; voting runs 22-24 September. 3 Aug - 53rd AGM e-voting cut-off set for 18 September 2026; voting runs 22-24 September.
2
Announcement under Regulation 30 (LODR)-Change in Management
3 Aug - Board approved Q1 FY27 results, fixed 53rd AGM for 25 September 2026, and reappointed CMD. 3 Aug - Board approved Q1 FY27 results, fixed 53rd AGM for 25 September 2026, and reappointed CMD.
3
Announcement under Regulation 30 (LODR)-Credit Rating
3 Aug - India Ratings affirmed Panchmahal Steel’s INR 970 million bank facilities at IND BBB-/Stable/IND A3 on August 3, 2026. 3 Aug - India Ratings affirmed Panchmahal Steel’s INR 970 million bank facilities at IND BBB-/Stable/IND A3 on August 3, 2026.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Aug - Newspaper clippings of the Extract of Unaudited Financial Results of the Company for the quarter ended 30.06.2026 4 Aug - Newspaper clippings of the Extract of Unaudited Financial Results of the Company for the quarter ended 30.06.2026
5
Intimation To Physical Shareholders To Furnish KYC Details
7 Aug - Panchmahal Steel asks physical shareholders to update KYC details and convert holdings to demat. 7 Aug - Panchmahal Steel asks physical shareholders to update KYC details and convert holdings to demat.
Frequently Asked Questions about Panchmahal Steel Ltd
What does Panchmahal Steel Ltd do?
Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz. Bars, Rods and Wires[1]
Where is Panchmahal Steel Ltd (PANCHMSTEL) listed?
Panchmahal Steel Ltd is listed on the Indian stock exchanges. It is listed on BSE: 513511. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Panchmahal Steel Ltd belong to?
Panchmahal Steel Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the PE ratio of Panchmahal Steel Ltd?
The Price-to-Earnings (PE) ratio of Panchmahal Steel Ltd is 142.49. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
How can I research Panchmahal Steel Ltd on Tapetide?
On Tapetide, you can view Panchmahal Steel Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz. Bars, Rods and Wires[1]
Website panchmahalsteel.com
Face Value ₹ 10