---
title: "Panchsheel Organics Ltd (PANCHSHEEL) — Share Price, Financials & Analysis"
symbol: "PANCHSHEEL"
company: "Panchsheel Organics Ltd"
canonical: "https://tapetide.com/stocks/PANCHSHEEL"
bse_code: "531726"
sector: "Healthcare"
industry: "Pharmaceuticals & Biotechnology"
generated_at: "2026-09-13T19:41:22.588Z"
---

# Panchsheel Organics Ltd (PANCHSHEEL)

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

## Company

- **BSE Code:** 531726
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals & Biotechnology
- **Macro Sector:** Healthcare
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** panchsheelorganics.com

## About

Incorporated in 1990, Panchsheel Organics Ltd is a manufacturer of Bulk Drug and Intermediate[1]

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 1.02 times its book value

### Weaknesses

- Company has a low return on equity of 10.3% over last 3 years.
- Dividend payout has been low at 8.28% of profits over last 3 years

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -24% | -8% | 17% |
| revenue growth | 2% | 1% | 17% |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 23.71 | 25.61 | 31.27 | 26.05 | 27.18 | 26.24 | 28.37 | 23.56 | 25.32 | 26.73 | 31.07 | 24.67 |
| Expenses | 19.28 | 20.7 | 26.54 | 21.62 | 22.05 | 21.7 | 23.6 | 19.81 | 21.82 | 22.95 | 28.64 | 21.35 |
| Operating Profit | 4.43 | 4.91 | 4.73 | 4.43 | 5.13 | 4.54 | 4.77 | 3.75 | 3.5 | 3.78 | 2.43 | 3.32 |
| OPM % | 18.68 | 19.17 | 15.13 | 17.01 | 18.87 | 17.3 | 16.81 | 15.92 | 13.82 | 14.14 | 7.82 | 13.46 |
| Other Income | 1.01 | 1.22 | 0.13 | 0.74 | 0.7 | 0.96 | 0 | 0.66 | 0.64 | 1.06 | 1.25 | 0.52 |
| Interest | 0.11 | 0.05 | 0.05 | 0.06 | 0.14 | 0.08 | 0.09 | 0.06 | 0.08 | 0.09 | 0.04 | 0.08 |
| Depreciation | 0.41 | 0.39 | 0.56 | 0.54 | 0.56 | 0.58 | 0.51 | 0.56 | 0.58 | 0.6 | 0.59 | 0.65 |
| Profit before tax | 4.92 | 5.69 | 4.25 | 4.57 | 5.13 | 4.84 | 4.17 | 3.79 | 3.48 | 4.15 | 3.05 | 3.11 |
| Tax % | 25.2 | 25.13 | 34.59 | 24.95 | 26.12 | 24.17 | 23.98 | 25.07 | 25 | 11.33 | 43.93 | 25.72 |
| Net Profit | 3.69 | 4.26 | 2.78 | 3.43 | 3.79 | 3.67 | 3.17 | 2.85 | 2.61 | 3.68 | 1.7 | 2.31 |
| EPS in Rs | 3.13 | 3.62 | 2.11 | 2.6 | 2.88 | 2.79 | 2.41 | 2.16 | 1.98 | 2.79 | 1.29 | 1.75 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 42 | 48 | 50 | 49 | 69 | 103 | 105 | 107 | 107 | 108 |
| Expenses | 35 | 41 | 42 | 41 | 56 | 83 | 86 | 90 | 93 | 95 |
| Operating Profit | 7 | 7 | 9 | 9 | 13 | 20 | 19 | 18 | 14 | 13 |
| OPM % | 16 | 14 | 17 | 18 | 19 | 19 | 18 | 16 | 13 | 12 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 4 | 3 |
| Interest | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 5 | 6 | 7 | 7 | 11 | 19 | 19 | 18 | 14 | 14 |
| Tax % | 29 | 29 | 28 | 31 | 27 | 26 | 27 | 24 | 25 | — |
| Net Profit | 4 | 4 | 5 | 5 | 8 | 14 | 14 | 14 | 11 | 10 |
| EPS in Rs | 3.67 | 4.04 | 5.29 | 5.01 | 8.33 | 11.94 | 10.71 | 10.47 | 8.22 | 7.81 |
| Dividend Payout % | 14 | 12 | 0 | 20 | 18 | 7 | 7 | 8 | 10 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 10 | 12 | 13 | 13 | 13 |
| Reserves | 19 | 22 | 25 | 30 | 35 | 37 | 84 | 112 | 121 | 128 |
| Borrowings | 7 | 6 | 5 | 4 | 4 | 4 | 6 | 6 | 5 | 6 |
| Other Liabilities | 9 | 12 | 9 | 12 | 14 | 22 | 21 | 28 | 24 | 25 |
| Total Liabilities | 39 | 44 | 44 | 52 | 58 | 74 | 123 | 159 | 163 | 172 |
| Fixed Assets | 8 | 7 | 7 | 6 | 7 | 7 | 8 | 14 | 18 | 20 |
| CWIP | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 15 | 17 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
| Other Assets | 30 | 36 | 36 | 44 | 49 | 65 | 111 | 137 | 131 | 135 |
| Total Assets | 39 | 44 | 44 | 52 | 58 | 74 | 123 | 159 | 163 | 172 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 3 | 2 | 5 | 5 | -2 | 0 | 10 | 4 | 10 |
| Cash from Investing Activity | -2 | -1 | -1 | -2 | -1 | 0 | -34 | -7 | -16 | -7 |
| Cash from Financing Activity | 1 | -2 | -2 | -1 | -2 | -1 | 36 | 16 | -5 | -4 |
| Net Cash Flow | 0 | 0 | 0 | 1 | 3 | -2 | 1 | 18 | -18 | -1 |
| Free Cash Flow | -1 | 2 | 1 | 4 | 3 | -3 | -4 | 0 | -12 | 3 |
| CFO/OP | 45 | 79 | 63 | 73 | 85 | 5 | 28 | 82 | 48 | 103 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 138 | 170 | 137 | 164 | 140 | 172 | 137 | 137 | 119 | 134 |
| Inventory Days | 185 | 185 | 164 | 186 | 246 | 237 | 181 | 211 | 246 | 230 |
| Days Payable | 83 | 124 | 73 | 111 | 152 | 158 | 89 | 114 | 88 | 90 |
| Cash Conversion Cycle | 240 | 231 | 229 | 239 | 235 | 251 | 230 | 234 | 276 | 274 |
| Working Capital Days | 137 | 150 | 155 | 170 | 167 | 192 | 173 | 178 | 204 | 203 |
| ROCE % | 20 | 18 | 18 | 20 | 19 | 25 | 26 | 17 | 14 | 10 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 68.22% | 68.22% | 68.22% | 68.22% | 68.22% | 68.22% | 58.08% | 58.08% | 56.12% | 56.12% | 56.12% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.12% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.98% | 0% | 0% |
| Public | 31.78% | 31.78% | 31.78% | 31.78% | 31.78% | 31.78% | 41.81% | 41.92% | 42.89% | 43.89% | 43.88% |
| No. of Shareholders | 1731 | 1660 | 1597 | 1560 | 1487 | 4194 | 5842 | 8140 | 8248 | 8099 | 7966 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.08% | 58.08% | 58.08% | 56.12% | 56.12% | 56.12% | 56.12% | 56.12% | 56.12% | 56.12% | 56.12% | 56.12% |
| DIIs | 0% | 0% | 0% | 0% | 1.14% | 1.14% | 0.98% | 0% | 0% | 0% | 0% | 0% |
| Public | 41.92% | 41.93% | 41.92% | 43.87% | 42.74% | 42.74% | 42.89% | 43.87% | 43.87% | 43.89% | 43.89% | 43.88% |
| No. of Shareholders | 6794 | 8073 | 8140 | 7960 | 7854 | 8092 | 8248 | 8344 | 8783 | 8364 | 8099 | 7966 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 109.36 | Sell |
| EMA (10) | 109.59 | Sell |
| SMA (20) | 113.89 | Sell |
| EMA (20) | 112.16 | Sell |
| SMA (50) | 116.42 | Sell |
| EMA (50) | 115.49 | Sell |
| SMA (100) | 119.99 | Sell |
| EMA (100) | 117.42 | Sell |
| SMA (200) | 118.14 | Sell |
| EMA (200) | 121.86 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.29 | Neutral |
| MACD (12,26,9) | -2.96 | Sell |
| Stochastic (14,3,3) | 34.53 | Neutral |
| ADX (14) | 18.78 | Neutral |
| Williams %R (14) | -61.72 | Neutral |
| ATR (14) | 5.96 | High Volatility |
| ROC (12) | -7.67 | Sell |
| Stoch RSI (14) | 63.52 | Neutral |
| UO (7,14,28) | 39.29 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Announcement under Regulation-30(LODR)-Newspaper Publication of Notice of 37th Annual General Meeting of Panchsheel Organics Limited. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Announcement under Regulation-30(LODR)-Newspaper Publication of Notice of 37th Annual General Meeting of Panchsheel Organics Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=effef213-2828-4c74-916e-bc8ebbab03fe.pdf) |
| 8 Sep - Board approved FY26 annual report, AGM notice, book closure and voting arrangements on 8 September 2026. | [Board Meeting Outcome for Outcome Of Board Meeting For Calling Annual General Meeting 8 Sep - Board approved FY26 annual report, AGM notice, book closure and voting arrangements on 8 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8767c637-4e5e-41a3-b22d-b63ddbabcb7d.pdf) |
| 8 Sep - Annual Report 2025-26 and AGM notice for September 30, 2026; recommends Rs0.80 dividend. | [Reg. 34 (1) Annual Report. 8 Sep - Annual Report 2025-26 and AGM notice for September 30, 2026; recommends Rs0.80 dividend.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=925b42df-9481-4989-a1dd-bf4af24f84dc.pdf) |
| 8 Sep - 37th AGM on 30 Sep 2026; record date 23 Sep 2026; book closure 24-30 Sep 2026 for final dividend. | [Corporate Action-Book Closure 8 Sep - 37th AGM on 30 Sep 2026; record date 23 Sep 2026; book closure 24-30 Sep 2026 for final dividend.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e78e9a3-b313-4e84-aa2a-bbde748a2f21.pdf) |
| 8 Sep - 37th AGM on 30 Sep 2026; 8% dividend, auditor appointment, director and MD approvals. | [Announcement under Regulation 30 (LODR)-Meeting Updates 8 Sep - 37th AGM on 30 Sep 2026; 8% dividend, auditor appointment, director and MD approvals.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3ac531a-c99e-4124-ad77-f8a68dc936b8.pdf) |
| 31 Aug - Board meets on 8 Sep 2026 to approve annual report, fix AGM, record date, and book closure. | [Board Meeting Intimation for Intimation And Notice Of Board Meeting To Be Held On 08Th September 2026. 31 Aug - Board meets on 8 Sep 2026 to approve annual report, fix AGM, record date, and book closure.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce63cb1b-a1a1-4dde-bf5b-910f71b013c8.pdf) |
| 17 Aug - Announcement under Regulation-30 Of SEBI (LODR) 2015- Newspaper Publication of Standalone Un-audited Results for quarter ending June, 30 2026 .... | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Aug - Announcement under Regulation-30 Of SEBI (LODR) 2015- Newspaper Publication of Standalone Un-audited Results for quarter ending June, 30 2026 ....](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17cc24be-804a-4af8-94fc-506c4111e451.pdf) |
| 14 Aug - Mrs. Chandan Mahendra Turakhia appointed Additional Director from 14 August 2026, subject to shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Management 14 Aug - Mrs. Chandan Mahendra Turakhia appointed Additional Director from 14 August 2026, subject to shareholder approval.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=feb5581c-bae2-4af2-9410-207443e33b59.pdf) |
| 14 Aug - Mr. Kishor Abhaychand Turakhia elevated from Whole-time Director to Managing Director, effective 14 August 2026 for five years. | [Announcement under Regulation 30 (LODR)-Change in Management 14 Aug - Mr. Kishor Abhaychand Turakhia elevated from Whole-time Director to Managing Director, effective 14 August 2026 for five years.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=555d94e5-d29a-4f9b-9b54-1dff5060e252.pdf) |
| 14 Aug - Board approved Q1 FY27 results, Rs.0.80 interim dividend; record date 21 Aug 2026; new MD appointed. | [Corporate Action-Board approves Dividend 14 Aug - Board approved Q1 FY27 results, Rs.0.80 interim dividend; record date 21 Aug 2026; new MD appointed.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43083279-de7e-42b1-b2aa-e53960abfaac.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10824758-1006-4fce-9ef3-039cd2fd5a72.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55f1f1f2-260e-4ae2-a862-7cf314e4ffcb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1cf01fa7-b8ee-4ca7-847e-1d974233f036.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/76914531726.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/71881531726.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/65958531726.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/5317260319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/5317260318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/5317260317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531726/5317260316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5eed6e97-e034-477a-95a8-225b97f108a4.pdf) |
| Jun 2022 | [Concall - Jun 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=448305e0-8fe8-4b82-b39f-7143deb591f6.pdf) |
| Dec 2022 | [Concall - Dec 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd6ba103-5a9b-4e86-8021-f41b7e3536d9.pdf) |
| Dec 2022 | [Concall - Dec 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c69bcd8f-f3a4-434c-86e8-f20d25ccd5f5.pdf) |
| Apr 2022 | [Concall - Apr 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2c01f81-9c1b-4ae7-838d-cc6fb4fc6227.pdf) |
| Apr 2022 | [Concall - Apr 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=459d958a-ffe1-4f30-b8f3-d9c23b8be889.pdf) |
| Apr 2022 | [Concall - Apr 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=321cf961-9f56-4f19-bcc6-da8152b97969.pdf) |

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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 2026-09-13T19:41:22.588Z.