Panchmahal Steel Ltd.
NSE: PANCHMAHQ · Iron & Steel Products · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹35 cr (FY26): borrowings are higher by ₹34 cr.
- Operating profit covered interest 2.8x in the last 12 months.
- Net loss in 3 of the last 6 quarters.
- Other income was 64% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹259.55 on 2026-10-26: -23.4% from the 52-week high, +2.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 91 | 88 | 93 | 98 | 106 | 94 |
| EBITDA | 0 | -0 | 3 | 4 | 4 | 8 |
| OPM % | 0.1% | -0.2% | 3.4% | 4.5% | 3.5% | 8.7% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 |
| Net profit | -2 | -2 | 1 | 1 | -2 | 4 |
| EPS (₹) | 1.06 | 1.01 | 0.29 | 0.64 | 1.11 | 2.27 |
| Revenue YoY | +16.2% | +7.3% | ||||
| Profit YoY | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 574 | 489 | 428 | 383 | 384 | 391 |
| EBITDA | 76 | 16 | 16 | 16 | 11 | 20 |
| Net profit | 59 | 1 | 3 | 3 | -2 | 4 |
| EPS (₹) | 30.71 | 0.72 | 1.56 | 1.74 | 1.19 | 4.31 |
| Revenue growth | -14.8% | -12.5% | -10.4% | +0.3% | – | |
| Profit growth | -97.6% | +115.2% | +12.1% | -167.9% | – | |
| Dividend / share (₹) | – | 4.00 | – | – | 3.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -7.7% | – | – |
| Net profit | – | – | – |
| EPS | +18.2% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 160 | 151 |
| Borrowings | 50 | 35 |
| Cash & equivalents | 1 | 1 |
| Total assets | 242 | 224 |
| Fixed assets | 57 | 52 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 46 | 48 |
| Inventory | 127 | 120 |
| Payables | 19 | 22 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -5 | 29 |
| Cash from investing | 1 | -3 |
| Cash from financing | 4 | -26 |
| Capex | 0 | 3 |
| Free cash flow | -5 | 25 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 2.1% | -1.5% |
| ROCE % | 4.8% | 3.3% |
| Debtor days | 44 | 45 |
| Inventory days | 175 | 161 |
| Payable days | 27 | 30 |
| Cash conversion cycle (days) | 192 | 176 |
| Working capital days | 101 | 99 |
Peers in Iron & Steel Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹61,798 cr | 26.7x | 6.8x | 27.8% | 19.2% | 13.9% | +19.8% | 0.21% |
| APLAPOLLO | ₹57,703 cr | 46.9x | 10.9x | 25.9% | 30.1% | 8.0% | +12.6% | 0.28% |
| SHYAMMETL | ₹31,351 cr | 28.0x | 2.7x | 7.8% | 14.2% | 12.9% | +13.7% | 0.36% |
| RATNAMANI | ₹16,345 cr | 37.8x | 4.0x | 11.2% | 15.7% | 16.7% | +0.1% | 0.60% |
| JINDALSAW | ₹14,824 cr | 26.9x | 1.2x | 4.4% | 7.2% | 9.5% | +0.1% | 0.86% |
| USHAMART | ₹14,192 cr | 27.9x | 4.3x | 16.8% | 20.1% | 19.6% | +4.1% | 0.64% |
| GALLANTT | ₹12,989 cr | 31.9x | 3.7x | 12.4% | 14.2% | 13.8% | +3.1% | 0.08% |
| GPIL | ₹11,769 cr | 14.6x | 2.0x | 15.1% | 18.7% | 21.4% | -2.2% | 0.54% |
| JAYNECOIND | ₹8,607 cr | 12.5x | 2.6x | 23.4% | 25.6% | 18.9% | +4.0% | – |
| PANCHMAHQ | ₹495 cr | 60.2x | 3.3x | 2.6% | 7.6% | 5.0% | -7.7% | 1.15% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-09-12 | Dividend | Final Dividend Rs 3.0 |
| 2022-09-14 | Dividend | Dividend Rs 4.0 |
| 2013-07-18 | Dividend | Dividend Rs 1.25 |
| 2012-07-05 | Dividend | Dividend Rs 2.5 |
| 2011-07-14 | Dividend | Dividend Rs 2.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Iron & Steel Products |
| Sub-industry | Iron & Steel Products |
| Symbol | PANCHMAHQ |
| BSE code | 513511 |
| ISIN | INE798F01010 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.