Company Overview
Panchmahal Steel Limited manufactures and sells stainless steel long products in the form of wire rods, bars, and wires in India and internationally. It offers stainless steel wire rods; cold finished bars for precise engineering; and bars for free machining. The company also provides wires for braiding, weaving, knitting, filters, springs, and ball making, as well as for cold heading and fasteners; heat resistant wires; EPQ wires; fine wires; core wires in coils and cut length; and TIG, MIG, and SAW filler wires. Its products are used in engineering, construction and infrastructure, automotive and railways, oil and gas, defense, energy, consumer durables, food processing and dairy, housing, and pharmaceutical industries. Panchmahal Steel Limited was incorporated in 1972 and is based in Vadodara, India. Panchmahal Steel Limited is a subsidiary of Honeyvick Enterprises Private Limited.
Why Investors Should Care
Carries low leverage with a debt-to-equity ratio of 0.23.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹384.24 Cr (+0.3% YoY); net profit ₹-2.26 Cr.
- Trailing 12 Months Year-on-year growth — revenue +7.3%, earnings -168.1%.
- 5-Year Trend Long-term compounding — revenue CAGR -7.6%, profit CAGR -88.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -7.60% |
| 1 Year: | 7.30% |
Compounded Profit Growth
| 5 Years: | -88.07% |
| 1 Year: | -168.07% |
Stock Price Performance
| 1 Year: | -10.75% |
| 6 Months: | - |
| 3 Months: | - |
| 1 Month: | -14.95% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- RSI (14)37.29 · Neutral
P/E of 122.49 is above the sector median of 20.95 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 122.5.
- Revenue declined at -7.6% CAGR over 5 years.
- Earnings shrank at -88.1% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PANCHMAHQ Panchmahal Steel Limited NSEINFRA | 256.00 | 122.49 | ₹488.41 Cr | 0.00% | 2.01% | -1.50% | -7.60% | -88.07% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,958.00 | 37.77 | ₹3.22 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,220.00 | 12.04 | ₹2.98 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,284.80 | 45.45 | ₹2.19 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 518.00 | 12.82 | ₹2.19 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.33 | 19.47 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 885.60 | 12.01 | ₹1.97 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,894.40 | 34.52 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,010.00 | 86.39 | ₹1.72 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 94.72 Cr | 91.21 Cr | 87.54 Cr | 98.11 Cr | 105.96 Cr |
| Cost of Revenue | 75.94 Cr | 77.60 Cr | 74.55 Cr | 79.85 Cr | 86.94 Cr |
| Gross Profit | 18.78 Cr | 13.61 Cr | 12.99 Cr | 18.26 Cr | 19.02 Cr |
| Operating Expenses | 15.57 Cr | 15.53 Cr | 15.19 Cr | 15.85 Cr | 17.27 Cr |
| Operating Income | 3.21 Cr | -1.92 Cr | -2.19 Cr | 2.41 Cr | 1.76 Cr |
| EBITDA | 5.76 Cr | 65.45 L | 84.15 L | 5.08 Cr | 4.29 Cr |
| Interest Expense | 1.51 Cr | 1.34 Cr | 1.47 Cr | 1.44 Cr | 1.36 Cr |
| Pretax Income | 2.23 Cr | -2.70 Cr | -2.62 Cr | 1.64 Cr | 92.28 L |
| Tax Provision | 57.35 L | -67.34 L | -69.72 L | 41.96 L | 3.04 Cr |
| Net Income | 1.66 Cr | -2.03 Cr | -1.92 Cr | 1.23 Cr | -2.12 Cr |
| Diluted EPS | - | - | - | - | - |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 487.12 Cr | 426.65 Cr | 383.10 Cr | 384.24 Cr |
| Cost of Revenue | - | 439.50 Cr | 383.40 Cr | 311.18 Cr | 316.59 Cr |
| Gross Profit | - | 47.63 Cr | 43.25 Cr | 71.92 Cr | 67.65 Cr |
| Operating Expenses | - | 38.41 Cr | 35.11 Cr | 64.47 Cr | 64.48 Cr |
| Operating Income | - | 9.21 Cr | 8.14 Cr | 7.45 Cr | 3.17 Cr |
| EBITDA | - | 15.64 Cr | 18.98 Cr | 18.22 Cr | 14.13 Cr |
| Interest Expense | - | 5.78 Cr | 6.97 Cr | 5.61 Cr | 5.41 Cr |
| Pretax Income | - | 1.90 Cr | 3.92 Cr | 4.56 Cr | 73.62 L |
| Tax Provision | - | 52.13 L | 94.96 L | 1.23 Cr | 3.00 Cr |
| Net Income | - | 1.38 Cr | 2.97 Cr | 3.33 Cr | -2.26 Cr |
| Diluted EPS | - | 0.72 | 1.56 | 1.74 | -1.19 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 295.28 Cr | 234.35 Cr | 241.79 Cr | 224.41 Cr |
| Current Assets | - | 215.82 Cr | 165.83 Cr | 180.64 Cr | 170.88 Cr |
| Cash & Equivalents | - | 2.11 L | 3.77 L | 31.64 L | 29.23 L |
| Inventory | - | 154.80 Cr | 119.30 Cr | 126.70 Cr | 120.43 Cr |
| Receivables | - | 44.49 Cr | 41.06 Cr | 45.92 Cr | 47.53 Cr |
| Total Liabilities | - | 141.45 Cr | 77.46 Cr | 81.49 Cr | 73.72 Cr |
| Current Liabilities | - | 133.14 Cr | 69.37 Cr | 74.12 Cr | 66.78 Cr |
| Long Term Debt | 0 | - | - | - | - |
| Total Debt | - | 76.44 Cr | 39.90 Cr | 49.66 Cr | 35.22 Cr |
| Total Equity | - | 153.83 Cr | 156.89 Cr | 160.30 Cr | 150.69 Cr |
| Shares Outstanding | - | 1.91 Cr | 1.91 Cr | 1.91 Cr | 1.91 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -30.11 Cr | 39.70 Cr | -5.05 Cr | 28.56 Cr |
| Investing Cash Flow | - | -6.46 Cr | 4.92 Cr | 1.20 Cr | -3.04 Cr |
| Financing Cash Flow | - | 33.51 Cr | -44.60 Cr | 4.13 Cr | -25.55 Cr |
| Capital Expenditure | - | -6.63 Cr | -1.70 Cr | -19.87 L | -3.15 Cr |
| Free Cash Flow | - | -36.74 Cr | 38.00 Cr | -5.25 Cr | 25.41 Cr |
| Net Change in Cash | - | -3.06 Cr | 1.67 L | 27.87 L | -3.14 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 9.8% | 10.1% | 18.8% | 17.6% |
| Operating Margin % | - | 1.9% | 1.9% | 1.9% | 0.8% |
| Net Margin % | - | 0.3% | 0.7% | 0.9% | -0.6% |
| ROE % | - | 0.9% | 1.9% | 2.1% | -1.5% |
| ROCE % | - | 5.7% | 4.9% | 4.4% | 2.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PANCHMAHQ
Panchmahal Steel Ltd Estimates – BSE:PANCHMAHQ - TradingView
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Total common shares outstanding of Panchmahal Steel Ltd – NSE:PANCHMAHQ - TradingView
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Panchmahal Steel Limited (PANCHMAHQ.BO) Company Profile & Facts - Yahoo! Finance Canada
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PANCHMAHQ — Frequently Asked Questions
What is the current share price of Panchmahal Steel Limited (PANCHMAHQ)?
As of 2026-10-24 04:55 IST, Panchmahal Steel Limited (PANCHMAHQ) trades at ₹256.00 on NSE. Its 52-week range is ₹256.00 to ₹305.00.
What is the market capitalisation of PANCHMAHQ?
Panchmahal Steel Limited (PANCHMAHQ) has a market capitalisation of ₹488.41 Cr on NSE.
What is the P/E ratio of PANCHMAHQ?
PANCHMAHQ trades at a trailing price-to-earnings (P/E) ratio of 122.49. The industry average P/E is 20.95. Its price-to-book (P/B) ratio is 3.80.
What is the return on equity (ROE) of PANCHMAHQ?
PANCHMAHQ has a return on equity (ROE) of -1.50%. Its return on capital employed (ROCE) is 2.01%.
Is PANCHMAHQ a good stock to buy?
This page provides a data-driven analysis of Panchmahal Steel Limited (PANCHMAHQ), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.