Fin Cascade
Get Android appGet iOS app

Prices as of 8 Oct 2026 close · Not investment advice

Panchmahal Steel Limited

NSE: PANCHMAHQIron & Steel Products

Share price

₹269.00

-5.61% close of 8 Oct 2026

Market cap ₹511 CrP/E 127.8

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

40

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹511 Cr

P/E ratio

127.8

P/B ratio

3.4

ROCE

3.1%

ROE

-1.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹353.7052-week low ₹267.35

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 4.9% over the past year, and 0.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 13.4% to 5.0% over the last four years.

Whether it grew faster than its sector

It grew 0.4% a year against a sector median of 10.6% — 10.3 percentage points slower.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

It has no steady three-year profit record yet, so growth cannot be weighed against the price.

Profit growthPrice per ₹1 profitPer 1% growth
Panchmahal Steel Limited — this one—127.8×—
Shyam Metalics and Energy Limited9%/yr26.4×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr39.9×—
Jindal Saw Limited14%/yr26.5×₹1.9
Usha Martin Limited9%/yr28.6×₹3.2
Godawari Power And Ispat limited1%/yr15.6×₹15.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 66 of 70 on returns, 58 of 68 on growth, 60 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 3.1% on capital, ahead of 6% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹72 crore of cash from the business, spent ₹16 crore on plant and equipment, and returned ₹65 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 538 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 51 days for its cash to waiting 98 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 8 checks clear · 75%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 3 Aug 2026 · Standalone · Unaudited

Revenue

₹94 Cr

Revenue vs last year

+7.3%

Revenue vs last quarter

-11.3%

Net profit

₹4 Cr

Net margin

4.6%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹511 Cr
Prev close
₹269.00
52w High
₹385
52w Low
₹254
Enterprise value
₹548 Cr
Beta
0.7
Price CAGR 1y
9.0%
Price CAGR 3y
26.0%
Price CAGR 5y
26.0%
Price CAGR 10y
29.0%

Ratios

Return on assets
-0.9%
PEG ratio
—
P/E ratio
127.8
P/B ratio
3.4
EV / EBITDA
49.8
Industry P/E
24.9
ROCE
3.1%
ROCE 5y average
11.8%
ROE
-1.3%
Debt / Equity
0.2
Interest coverage
1.2
Dividend yield
0.0%
ROE 3y average
1.0%
ROE last year
-1.0%

Annual P&L

Annual revenue
₹384 Cr
Annual profit
-₹2 Cr
Operating margin
2.9%
Net profit margin
-0.5%
EBITDA margin
2.9%
Sales growth 3y
-7.7%
Sales growth 5y
2.5%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹-1.2
Sales growth TTM
5.0%
Profit growth TTM
884.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹94 Cr
Profit latest quarter
₹4 Cr
YoY quarterly sales growth
7.3%
YoY quarterly profit growth
—
OPM latest quarter
8.7%

Balance Sheet

Book Value
₹79.5
Face Value
₹10.0
Total debt
₹35 Cr
Total cash
—
Borrowings
₹35 Cr
Reserves / Equity
6.9

Cash Flow

Operating cash flow
₹29 Cr
Free cash flow
₹25 Cr
FCF yield
3.9%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
73.8%
FII holding
—
DII holding
0.0%
Public holding
22.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,464.7528.265,0180.191,047.9198.64,081.114.922.9
APL Apollo Tubes2,073.1546.857,5630.40263.110.95,606.78.431.8
Shyam Metalics1,023.4025.528,5660.43350.718.15,455.123.413.0
Ratnamani Metals2,585.0041.318,1190.38107.0-37.7971.6-15.617.9
Jindal Saw275.3527.017,6090.7190.8-75.44,452.39.010.4
Usha Martin506.4028.315,4320.74142.040.71,033.016.419.5
Godawari Power213.8517.514,3970.46222.42.71,750.532.320.5
Panchmahal Steel284.70135.85430.004.3326.094.07.33.1
Median176.1523.31,0210.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales107119103999899959188939810694
Expenses103115101939394899188899410286
Material Cost64
Change in Inventories-6.12
Purchases of Stock-in-Trade0
Employee Cost6.27
Other Expenses21
Operating Profit4.313.941.855.625.294.905.230.09-0.203.184.413.768.19
OPM %4.013.311.805.715.394.955.520.10-0.233.434.493.558.72
Other Income0.351.161.661.070.680.940.530.561.040.740.670.530.64
Exceptional items (within Other Income)0
Interest2.482.131.931.411.391.371.511.341.471.141.441.361.03
Depreciation2.012.022.022.042.012.012.012.021.991.9922.012
Profit before tax0.170.95-0.443.242.572.462.24-2.71-2.620.791.640.925.80
Tax %2425-2725252826-25-27302633225
Net Profit0.130.71-0.322.441.911.781.66-2.03-1.920.551.23-2.124.34
EPS in Rs0.070.37-0.171.2810.930.87-1.06-1.010.290.64-1.112.27

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales390290329396453330339574489428383384391
Expenses380292311379430327316498473412368373371
Operating Profit11-2181623423761616161120
OPM %2.70-0.6054.2051.207133.203.7042.905
Other Income3345224414333
Interest11111413141410678655
Depreciation9888887888888
Profit before tax-6-19004-15106724519
Tax %-37-33-16-4133112012282427405
Net Profit-4-13013-321059133-24
EPS in Rs-1.85-6.600.150.291.34-175.14310.721.561.75-1.182.09
Dividend Payout %000000013001720

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
3%
5 years
3%
3 years
-8%
TTM
5%

Compounded profit growth

10 years
6%
5 years
—
3 years
—
TTM
884%

Stock price CAGR

10 years
29%
5 years
26%
3 years
26%
1 year
9%

Return on equity

10 years
3%
5 years
8%
3 years
1%
Last year
-1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191919191919191919191919
Reserves1151021021021047383141135138141132
Borrowings566270706972552876405035
Other Liabilities11186120110898912111165383238
Total Liabilities301269311301282253277299295234242224
Fixed Assets116108101969082757371655752
CWIP000000001000
Investments000000000000
Other Assets185160209205192170202226224169184172
Total Assets301269311301282253277299295234242224

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1136141472938-3040-529
Cash from Investing Activity-411-103-0-3-651-3
Cash from Financing Activity-6-6-6-14-14-10-28-3234-454-26
Net Cash Flow2-11-00012-300-0
Free Cash Flow735111373135-3738-525

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days283148342228362633354445
Inventory Days155188219173155205237159156142175161
Days Payable127128177129971281828951272730
Cash Conversion Cycle56908978811059197138150191176
Working Capital Days-3-162812112651568010098
ROCE %2-4779-211414653

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757575747474747474
DIIs3.933.933.933.933.933.933.9300000
Government00000003.933.933.933.933.93
Public212121212121222222222222
No. of Shareholders3,1873,1733,0632,8442,8142,7462,7742,6952,6032,5652,5412,506

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -8.6% (₹294.15 → ₹269.00)Brick size ₹21.27 (fixed)Bricks 5
₹250₹300₹350₹269Nov '25Mar '26
Price moved up one brickPrice moved down one brickLast close ₹269.00 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

News

News and filings about Panchmahal Steel Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE798F01010

News impact

Big market events that reach Panchmahal Steel Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.