Panchmahal Steel Ltd

Panchmahal Steel Ltd

287.95
INR
+12.95
(+4.71%)
5.45BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
172.14
204.74
152.09
171.38
205.46
235.06
171.93
176.74
299.47
255.33
223.63
200.23
200.97
- -
Basic EPS, GAAP
-0.96
-1.85
-6.6
0.15
0.29
1.34
-16.88
5.14
30.71
0.72
1.56
1.74
-1.19
- -
Free Cash Flow per Basic Share
2.51
2.13
1.51
2.48
5.93
7.02
3.15
15.07
16.74
-19.26
19.92
-2.75
13.32
- -
Dividend per Share
1.24
- -
- -
- -
0.01
0.01
- -
- -
- -
4
- -
- -
2.99
- -
Book Value per Share
72.38
70.11
63.51
63.67
63.39
64.74
48.08
53.29
83.84
80.63
82.23
84.02
78.99
- -
Tangible Book Value per Share
72.38
70.11
63.51
63.67
63.39
64.74
48.08
53.29
83.84
80.63
82.23
84.02
78.99
- -
Basic Weighted Avg Shares
19
19
19
19
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
3,269
3,906
2,902
3,270
3,920
4,485
3,280
3,372
5,713
4,871
4,267
3,820
3,834
- -
Operating Margin (%)
1.33
0.62
-1.91
3.1
2.21
3.39
-0.89
4.77
11.98
1.89
1.91
1.95
0.83
- -
Depreciation Expense
68
87
82
78
78
76
76
75
76
80
81
81
80
- -
Net Income, GAAP
-18
-35
-126
3
5
26
-322
98
586
14
30
33
-23
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
32.66
- -
- -
11.97
27.44
24.23
27.03
407.44
- -
Profit Margin (%)
-0.56
-0.9
-4.34
0.09
0.14
0.57
-9.82
2.91
10.25
0.28
0.7
0.87
-0.59
- -
Working Capital
71
45
-66
88
159
221
145
316
906
827
965
1,059
1,041
- -
LT Debt
- -
- -
- -
86
86
86
86
86
- -
- -
- -
- -
- -
- -
Total Equity
1,381
1,338
1,212
1,215
1,209
1,235
917
1,017
1,600
1,538
1,569
1,603
1,507
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
5.43
- -
10.94
36.2
3.2
2.89
2.67
-4.94
- -
Return on Capital (%)
- -
- -
- -
- -
- -
3.91
- -
10.06
35.6
2.66
3.86
3.26
-8.19
- -
Return on Common Equity (%)
-1.32
-2.6
-9.88
0.24
0.45
2.09
-29.93
10.14
44.78
0.88
1.91
2.1
-1.46
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
352
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
6,008
5,454
5,857

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,709
- -
Cash, Cash Equivalents & STI
- -
8
- -
Accounts Receivable, Net
- -
475
- -
Inventories
- -
1,204
- -
Total Current Liabilities
- -
668
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
352
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.87%
10.34%
-5.99%
Free Cash Flow
-56.06%
-221.09%
-584.31%
Net Income, GAAP
-77.92%
71.77%
-168.07%
Sales/Revenue/Turnover
5.51%
6.44%
0.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
981
990
947
912
3,820
2026
875
- -
981
1,060
3,834
2027
940
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1
0.94
0.87
-1.06
1.74
2026
-1.01
- -
0.64
-1.11
-1.19
2027
2.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
2.99
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ashok Ramlubhaya Malhotra
Full Time Employees
498
Sector
Non-energy minerals
Industry
Steel
Address
Landmark Vadodara GU India 390007
IPO Date
Jan 24, 1994
Business
Panchmahal Steel Limited Panchmahal Steel Limited manufactures and sells stainless steel long products including wire rods, bars, and wires in India and internationally. The company offers stainless steel in austenitic, martensitic, ferritic, duplex, and low nickel-high manganese (200 series) grades; provides hot rolled wire rods and bars for forming, drawing, machining, cold heading, and fastener applications; supplies cold finished bars for precise engineering and free machining; and produces welding wires, fine wires, MIG wires, TIG wires, heat resistant wires, and bright bars. Its products serve industries such as engineering, construction and infrastructure, automotive and railways, consumer durables, food processing and dairy, housing, pharmaceuticals, architecture, building and construction, automobile components, ball bearings, bar and wire drawing, braiding, cold heading and fasteners, and cylinder shafts. Panchmahal Steel Limited operates fully integrated facilities from steel melting with a 50 metric ton electric arc furnace, argon oxygen decarburization converter, ladle furnace, and continuous casting to cold finishing; maintains its registered office in GIDC Industrial Estate, Kalol, Dist. Panchmahals, Gujarat, and corporate office in Vadodara, India; and was incorporated in 1972 as a subsidiary of Honeyvick Enterprises Private Limited with approximately 547 employees. In recent developments, the company appointed additional directors Mr. Swapon Lalitmohan Adhikary and Mr. Jaswantkumar Jain as independent directors effective August 12, 2024, ahead of its 51st annual general meeting on September 27, 2024; reconstituted its nomination and remuneration committee; re-appointed statutory auditors M/s CNK & Associates, LLP for a second five-year term; ratified cost auditor remuneration for the financial year ending March 31, 2025; and reported earnings for the first quarter ended June 30, 2025, and full year ended March 31, 2025.