Panchmahal Steel

Why is Panchmahal Steel Ltd falling/rising?

As of 02-Sep, Panchmahal Steel Ltd's stock price is declining, currently at Rs 295.10, down 2.07%. The stock is underperforming its sector, with reduced investor participation and unfavorable moving average comparisons indicating a bearish trend.

As of 02-Sep, Panchmahal Steel Ltd's stock price is falling, currently at Rs 295.10, which reflects a decrease of Rs 6.25 or 2.07%. This decline is evident in today's performance, where the stock underperformed its sector by 2.09%. Additionally, the stock reached an intraday low of Rs 295, marking a drop of 2.11%. <BR><BR>Investor participation appears to be declining, as indicated by a significant drop in delivery volume, which fell by 56.77% compared to the 5-day average. Furthermore, while the stock is trading higher than its 50-day moving average, it is below the 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term.<BR><BR>Overall, these factors contribute to the stock's current downward movement, reflecting a combination of poor performance relative to the sector, reduced investor interest, and unfavorable moving average comparisons.

Which are the latest news on Panchmahal Steel?

Should I buy, sell or hold Panchmahal Steel Ltd?

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, Deepak Nagar (Company Secretary), Suchita Shah, Samir M Parikh, and Kalpesh J. Parmar (all serving as 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 have any more questions about the company or its operations, feel free to ask!

What does Panchmahal Steel do?

Panchmahal Steel Ltd manufactures stainless steel long products like bars, rods, and wires, and operates in the micro cap segment of the iron and steel industry. As of June 2026, it reported net sales of ₹94 Cr and a net profit of ₹4 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 micro cap segment of the iron and steel products industry.<BR><BR>History:<BR>Panchmahal Steel Ltd was incorporated as a private limited company and initially aimed to manufacture 18,000 tons per annum of mild steel ingots. The company faced financial difficulties, becoming a Sick Unit, which led to a winding up petition filed by creditors. In February 1976, the Gujarat High Court sanctioned the takeover of the company by R L Malhotra and Ashok Malhotra, after which it successfully turned around. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 94 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 4 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 582 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 145.00<BR>- Industry P/E: 25<BR>- Dividend Yield: 0.97%<BR>- Debt Equity: 0.23<BR>- Return on Equity: 2.65%<BR>- Price to Book: 3.91<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

Who are the peers of the Panchmahal Steel?

Panchmahal Steel's peers include Kamdhenu, Uni Abex Alloy, Beekay Steel Ind, and others, with varying management risks and growth rates. Its 1-year return is 11.10%, higher than Beekay Steel Ind but lower than Uni Abex Alloy's 60.48%.

Peers: The peers of Panchmahal Steel are Kamdhenu, Uni Abex Alloy, Beekay Steel Ind, Scoda Tubes, Rama Steel Tubes, Aerpace Indus, Azad India, Suraj, Manaksia, and Shah Metacorp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kamdhenu, Uni Abex Alloy, and Manaksia, while Average management risk is found at Panchmahal Steel, Scoda Tubes, Suraj, and the rest. Below Average management risk is noted at Rama Steel Tubes, Aerpace Indus, Beekay Steel Ind, Azad India, and Shah Metacorp. Growth is Excellent at Azad India, Good at Scoda Tubes and Aerpace Indus, while Below Average growth is seen at Panchmahal Steel, Kamdhenu, Uni Abex Alloy, Beekay Steel Ind, Rama Steel Tubes, Suraj, Manaksia, and the rest. Capital Structure is Excellent at Kamdhenu and Manaksia, Good at Beekay Steel Ind and Azad India, Average at Panchmahal Steel and Scoda Tubes, and Below Average at Rama Steel Tubes, Aerpace Indus, Suraj, and Shah Metacorp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Uni Abex Alloy at 60.48%, while Beekay Steel Ind has the lowest at -18.70%. Panchmahal Steel's 1-year return is 11.10%, which is higher than Beekay Steel Ind but lower than Uni Abex Alloy. Additionally, the six-month return is negative for Rama Steel Tubes, Beekay Steel Ind, Scoda Tubes, Suraj, and Shah Metacorp.

How big is Panchmahal Steel?

As of 31st August, Panchmahal Steel Ltd has a market capitalization of 582.00 Cr, with recent net sales of 144.48 Cr and a net profit loss of 0.00 Cr. Shareholder's funds are 160.30 Cr and total assets are valued at 241.79 Cr.

As of 31st August, Panchmahal Steel Ltd has a market capitalization of 582.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest two quarters, the sum of Net Sales is 144.48 Cr, while the Net Profit stands at a loss of 0.00 Cr.<BR><BR>The reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 160.30 Cr and Total Assets valued at 241.79 Cr.

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.