Panchmahal Steel

Why is Panchmahal Steel Ltd falling/rising?

As of 15-Jul, Panchmahal Steel Ltd's stock price is at 281.95, down 2.32% and significantly underperforming its sector. The stock has declined for three consecutive days, showing high volatility and decreased investor participation, indicating a bearish trend.

As of 15-Jul, Panchmahal Steel Ltd's stock price is falling, currently at 281.95, which reflects a decrease of 6.7 points or 2.32%. The stock has been underperforming significantly, with a performance today that is 4.86% lower than its sector. It has experienced a consecutive decline over the last three days, resulting in a total drop of 9.55% during this period.<BR><BR>Despite opening with a gain of 3.93% today and reaching an intraday high of Rs 315.85, the stock quickly fell to a low of Rs 271.15, indicating high volatility with an intraday fluctuation of 7.61%. Additionally, Panchmahal Steel is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume plummeting by 95.11% compared to the 5-day average, indicating a lack of confidence among investors. Overall, these factors contribute to the stock's current downward trajectory.

Which are the latest news on Panchmahal Steel?

Should I buy, sell or hold Panchmahal Steel Ltd?

How big is Panchmahal Steel?

As of 10th June, Panchmahal Steel Ltd has a market capitalization of 561.00 Cr, with recent net sales of 144.48 Cr and a net profit of 0.00 Cr, indicating a loss. The company's shareholder's funds are 160.30 Cr, and total assets amount to 241.79 Cr.

As of 10th June, Panchmahal Steel Ltd has a market capitalization of 561.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest two quarters, the company reported Net Sales of 144.48 Cr and a Net Profit of 0.00 Cr, indicating a loss for this metric.<BR><BR>The latest annual period shows Shareholder's Funds of 160.30 Cr and Total Assets of 241.79 Cr.

Who are in the management team of Panchmahal Steel?

The management team of Panchmahal Steel includes Ashok R Malhotra (Chairman & Managing Director), Amal Dutt Dhru, Milan P Shah, Samir M Parikh (Independent Directors), Deepak Nagar (Company Secretary & Compliance Officer), and Suchita Shah, Kalpesh J. Parmar (Non-Executive Directors).

The management team of Panchmahal Steel includes the following individuals:<BR><BR>1. **Ashok R Malhotra** - Chairman & Managing Director<BR>2. **Amal Dutt Dhru** - Independent Director<BR>3. **Milan P Shah** - Independent Director<BR>4. **Deepak Nagar** - Company Secretary & Compliance Officer<BR>5. **Suchita Shah** - Non-Executive Director<BR>6. **Samir M Parikh** - Independent Director<BR>7. **Kalpesh J. Parmar** - Non-Executive Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the Panchmahal Steel?

Panchmahal Steel's peers include India Homes, Rama Steel Tubes, Beekay Steel Ind, Kamdhenu, Scoda Tubes, Azad India, Shah Metacorp, Suraj, Manaksia, and Bedmutha Indus. In terms of returns, India Homes leads with 278.98% over one year, while Panchmahal Steel has an 82.76% return, and Rama Steel Tubes has the lowest at -61.68%.

Peers: The peers of Panchmahal Steel are India Homes, Rama Steel Tubes, Beekay Steel Ind, Kamdhenu, Scoda Tubes, Azad India, Shah Metacorp, Suraj, Manaksia, and Bedmutha Indus.<BR><BR>Quality Snapshot: Below Average management risk is observed at India Homes, Azad India, Shah Metacorp, and Bedmutha Indus, while Average management risk is found at Rama Steel Tubes, Beekay Steel Ind, Kamdhenu, Scoda Tubes, Panchmahal Steel, Suraj, and Manaksia. Below Average growth is noted at India Homes, Rama Steel Tubes, Beekay Steel Ind, Kamdhenu, Panchmahal Steel, Shah Metacorp, Suraj, and Manaksia, while Excellent growth is seen at Azad India. Excellent capital structure is present at Kamdhenu and Manaksia, Good capital structure is found at Beekay Steel Ind and Azad India, and Average capital structure is noted at Panchmahal Steel, Scoda Tubes, and Suraj.<BR><BR>Return Snapshot: The peer with the highest 1-year return is India Homes at 278.98%, while the peer with the lowest is Rama Steel Tubes at -61.68%. Panchmahal Steel's own 1-year return is 82.76%, which is significantly higher than Rama Steel Tubes but lower than India Homes. Additionally, the six-month return is negative for Rama Steel Tubes, Scoda Tubes, Azad India, and Suraj.

What does Panchmahal Steel do?

Panchmahal Steel Ltd manufactures stainless steel long products like bars, rods, and wires, and has faced financial challenges, reporting net sales of 106 Cr and a net loss of 2 Cr for March 2026. The company operates as a micro-cap entity with a market cap of INR 561 Cr.

Overview:<BR>Panchmahal Steel Ltd is engaged in the manufacturing of stainless steel long products, specifically bars, rods, and wires, and operates within the Iron & Steel Products industry as a micro-cap company.<BR><BR>History:<BR>Incorporated as a private limited company, Panchmahal Steel Ltd initially aimed to manufacture 18,000 tons per annum of mild steel ingots. The company faced significant challenges, becoming a Sick Unit, which led to a winding-up petition filed by creditors. In February 1976, the Gujarat High Court sanctioned the takeover by R L Malhotra and Ashok Malhotra, resulting in a turnaround for the company. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 106 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2026)<BR>- Market-cap: INR 561 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 26<BR>- Dividend Yield: 0.99%<BR>- Debt-Equity: 0.23<BR>- Return on Equity: -1.50%<BR>- Price to Book: 3.82<BR><BR>Contact Details:<BR>Address: GIDC Industrial Estate, Panchmahal Dist Kalol Gujarat : 389330<BR>Tel: 91-2676-230777<BR>Email: shares@panchmahalsteel.co.in<BR>Website: http://www.panchmahalsteel.co.in

When is the next results date for Panchmahal Steel Ltd?

The next results date for Panchmahal Steel Ltd is 25 May 2026.

The next results date for Panchmahal Steel Ltd is scheduled for 25 May 2026.

Are Panchmahal Steel Ltd latest results good or bad?

Panchmahal Steel Ltd's latest results are mixed; while net profit rose by 50% to ₹3.00 crores, net sales declined by 10.3% for the third consecutive year, and the company reported a negative return on equity of -1.14% for FY25, indicating ongoing operational challenges despite previous long-term stock performance.

Panchmahal Steel Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹3.00 crores for FY25, which is a significant increase of 50% year-on-year. However, this positive aspect is overshadowed by a decline in net sales, which fell by 10.3% to ₹383.00 crores, marking the third consecutive year of revenue contraction. The operating margin remains low at 3.9%, reflecting ongoing operational challenges.<BR><BR>The company's return on equity (ROE) is concerning, with a five-year average of 12.07%, but it dropped to negative 1.14% for FY25, indicating that shareholder value was destroyed despite positive net profit. Additionally, the operating cash flow was negative at ₹5.00 crores, raising questions about the quality of earnings.<BR><BR>While the stock has shown impressive long-term performance, with a 765.13% return over five years, the current operational metrics suggest that the company is struggling to maintain profitability and growth. The elevated price-to-book ratio of 4.09 times also indicates that the stock may be overvalued relative to its fundamentals.<BR><BR>In summary, while there are some positive indicators, the overall financial performance suggests that Panchmahal Steel is facing significant challenges, making the latest results more concerning than encouraging.

Is Panchmahal Steel technically bullish or bearish?

As of December 2, 2025, Panchmahal Steel's technical trend is bullish, supported by strong MACD indicators and daily moving averages, despite some caution from the KST and a mildly bullish stance in Bollinger Bands.

As of 2 December 2025, the technical trend for Panchmahal Steel has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the daily moving averages also indicate a bullish trend. While the Bollinger Bands show a mildly bullish stance on both weekly and monthly charts, the KST is mildly bearish on the weekly and monthly time frames, which introduces some caution. The Dow Theory confirms a bullish trend on the weekly chart, although it shows no trend on the monthly. Overall, the strength of the bullish stance is supported by the positive performance relative to the Sensex over various time periods, particularly the 1Y and 3Y returns.

Is Panchmahal Steel overvalued or undervalued?

As of November 6, 2025, Panchmahal Steel is considered undervalued with an attractive valuation grade, highlighted by a low Price to Book Value of 0.36 and a significant return of 104.32% over the past three years, despite challenges reflected in its negative PE Ratio of -313.64, especially when compared to peers like JSW Steel and Tata Steel.

As of 6 November 2025, Panchmahal Steel's valuation grade has moved from fair to attractive, indicating a shift in its perceived value. The company is currently considered undervalued, particularly in light of its low Price to Book Value of 0.36 and an EV to EBITDA ratio of 122.61, which suggests that the market may not be fully recognizing its potential. Additionally, the PE Ratio stands at -313.64, highlighting significant challenges in profitability but also indicating potential for recovery.<BR><BR>In comparison to its peers, Panchmahal Steel's valuation metrics are strikingly different. For instance, JSW Steel is classified as expensive with a PE Ratio of 46.66, while Tata Steel is rated fair with a PE of 45.59. This stark contrast underscores Panchmahal Steel's attractive valuation despite its current financial struggles. Notably, the company's stock has outperformed the Sensex over the past three years, with a return of 104.32% compared to the Sensex's 36.69%, reinforcing the narrative that it may be undervalued relative to its growth potential.

How has been the historical performance of Panchmahal Steel?

Panchmahal Steel has faced declining net sales and total operating income from Mar'22 to Mar'25, while raw material costs decreased. Despite some improvements in profitability metrics, the company struggles with negative cash flow and challenges in revenue generation.

Answer:<BR>The historical performance of Panchmahal Steel shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Panchmahal Steel's net sales have experienced a downward trend, decreasing from 573.60 Cr in Mar'22 to 383.10 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 573.60 Cr in Mar'22 to 383.10 Cr in Mar'25. The raw material costs peaked at 404.52 Cr in Mar'22 but have since reduced to 286.49 Cr in Mar'25. Operating profit, excluding other income, has remained relatively stable around 15.51 Cr in Mar'25 compared to 15.71 Cr in Mar'24, but it is a significant decline from 76.03 Cr in Mar'22. Profit before tax has shown improvement, rising to 4.56 Cr in Mar'25 from 3.92 Cr in Mar'24, while profit after tax also increased to 3.33 Cr in Mar'25 from 2.97 Cr in Mar'24. The company's total liabilities decreased from 298.67 Cr in Mar'22 to 241.79 Cr in Mar'25, with total debt also declining from 76.44 Cr in Mar'23 to 49.66 Cr in Mar'25. Cash flow from operating activities has been negative in recent years, with a cash flow of -5.00 Cr in Mar'25. Overall, the financial performance of Panchmahal Steel reflects challenges in revenue generation and cash flow management, despite some improvements in profitability metrics.

Who are the top shareholders of the Panchmahal Steel?

The top shareholders of Panchmahal Steel include Honeyvick Enterprises Private Limited with 55.36%, followed by public shareholder Dimple Kamlesh Kanungo at 8.81%. Individual investors own 16.63%, with no mutual funds or foreign institutional investors currently holding shares.

The top shareholders of Panchmahal Steel include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Honeyvick Enterprises Private Limited, which owns 55.36% of the company. Additionally, the highest public shareholder is Dimple Kamlesh Kanungo, holding 8.81%. Individual investors collectively own 16.63% of the shares. It's also worth noting that there are currently no mutual funds or foreign institutional investors holding shares in the company.

Has Panchmahal Steel declared dividend?

Yes, Panchmahal Steel Ltd has declared a 40% dividend, amounting to ₹4 per share, with an ex-date of September 14, 2022. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly over different periods, with a total return of 632.07% over the last 5 years.

Panchmahal Steel Ltd has declared a 40% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 40%<BR>- Amount per share: 4<BR>- Ex-date: 14 Sep 22<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -36.71%, the dividend return was 0%, resulting in a total return of -36.71%.<BR><BR>Over the past year, the price return was -29.89%, with a dividend return of 0%, leading to a total return of -29.89%.<BR><BR>In the 2-year period, the price return was 17.83%, the dividend return was 0%, which culminated in a total return of 17.83%.<BR><BR>For the 3-year period, the price return was 0.13%, the dividend return was 2.87%, resulting in a total return of 3.0%.<BR><BR>In the last 4 years, the price return was 100.27%, the dividend return was 3.87%, leading to a total return of 104.14%.<BR><BR>Over the past 5 years, the price return was 614.29%, the dividend return was 17.78%, culminating in a total return of 632.07%.<BR><BR>Overall, while Panchmahal Steel has declared a dividend, the dividend yield remains at 0%. The total returns show significant variability, with strong performance over the longer term, particularly in the last 5 years.