Panchmahal Steel

how big is Panchmahal Steel?

As of Jun 06, Panchmahal Steel Ltd has a market capitalization of 286.00 Cr, categorizing it as a Micro Cap company, with recent net sales of 144.48 Cr and no net profit reported for the latest two quarters. Shareholder's funds are 156.89 Cr, and total assets amount to 234.35 Cr as of March 2024.

Market Cap: As of Jun 06, Panchmahal Steel Ltd has a market capitalization of 286.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest two quarters, which includes data from March 2016 and March 2015, is 144.48 Cr. The sum of Net Profit for the same periods is 0.00 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in March 2024. Shareholder's Funds are reported at 156.89 Cr, while Total Assets amount to 234.35 Cr.

Who are in the management team of Panchmahal Steel?

As of March 2023, 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. They oversee the company's operations and strategic direction.

As of March 2023, 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>This team is responsible for overseeing the company's operations and strategic direction.

What does Panchmahal Steel do?

Panchmahal Steel Ltd manufactures stainless steel long products, including bars, rods, and wires. The company has a market cap of Rs 286 Cr and reported net sales of 91 Cr with a net profit of -2 Cr for March 2025.

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 tpa of mild steel ingots. The company faced financial difficulties and was declared a sick unit, leading to a winding-up petition by creditors. In February 1976, the Gujarat High Court approved 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 March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 91 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 286 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 86.00<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.30<BR>- Return on Equity: 2.07%<BR>- Price to Book: 1.79<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

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.

Who are the peers of the Panchmahal Steel?

Panchmahal Steel's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others. In terms of management risk and growth, APL Apollo Tubes stands out, while Panchmahal Steel shows average performance with a 1-year return of -32.01%.

Peers: The peers of Panchmahal Steel are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Rathi Steel, India Steel, Incredible Indus, Kritika Wires, and Kataria.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Kataria. Average management risk is present at Jindal Saw, Panchmahal Steel, Rathi Steel, and the rest. Below Average management risk is noted at India Steel, Incredible Indus, and Kritika Wires. Growth is Excellent at APL Apollo Tubes, Average at Shyam Metalics and Ratnamani Metals, and Below Average at Welspun Corp, Jindal Saw, Panchmahal Steel, Rathi Steel, India Steel, Incredible Indus, Kritika Wires, and Kataria. Capital Structure is Excellent at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, Good at Welspun Corp, Average at Panchmahal Steel and Kataria, and Below Average at Jindal Saw, Rathi Steel, India Steel, Incredible Indus, and Kritika Wires.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while the peer with the lowest is Rathi Steel at -45.79%. Panchmahal Steel's 1-year return is -32.01%, which is higher than Rathi Steel's but lower than Welspun Corp's. Additionally, the six-month return is negative for Ratnamani Metals, Jindal Saw, Rathi Steel, and Panchmahal Steel.

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.

When is the next results date for Panchmahal Steel?

The next results date for Panchmahal Steel is 18 October 2025.

The next results date for Panchmahal Steel is scheduled for 18 October 2025.

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.

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.

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.

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.

Should I buy, sell or hold Panchmahal Steel Ltd?

Why is Panchmahal Steel Ltd falling/rising?

As of 07-Apr, Panchmahal Steel Ltd's stock price is falling to 296.05, down 8.27%. This decline is due to underperformance against its sector, a significant drop in investor participation, and a bearish trend indicated by its position relative to moving averages.

As of 07-Apr, Panchmahal Steel Ltd's stock price is falling, currently at 296.05, reflecting a change of -26.7, or -8.27%. This decline is attributed to several factors. Firstly, the stock underperformed its sector by -9.49% today and opened with a significant loss of -6.41%. Additionally, it reached an intraday low of Rs 292, which represents a drop of -9.53%. <BR><BR>The stock has also experienced a trend reversal, falling after three consecutive days of gains. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by -99.62% compared to the five-day average. Although the stock remains above its 200-day moving average, it is below the shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), indicating a bearish trend in the short term. <BR><BR>Overall, these factors contribute to the current downward movement in the stock price of Panchmahal Steel Ltd.

Why is Panchmahal Steel Ltd falling/rising?

As of 08-Apr, Panchmahal Steel Ltd's stock price is at 299.90, showing a minor increase but underperforming in the short term with a 2.33% decline over the past week and 6.27% over the last month. Despite long-term growth, concerns about financial health and reduced investor interest are significant.

As of 08-Apr, Panchmahal Steel Ltd's stock price is currently at 299.90, reflecting a slight increase of 0.55 (0.18%). However, despite this minor rise, the stock has been underperforming in the short term. Over the past week, it has declined by 2.33%, and in the last month, it has dropped by 6.27%. This underperformance is notable when compared to the Sensex, which has gained 6.06% over the same week and has shown a decline of only 1.72% over the past month.<BR><BR>The stock's performance today has also been disappointing, as it underperformed its sector by 3.61%. Although the steel sector has seen an overall gain of 3.79%, Panchmahal Steel Ltd has not benefited from this trend. Additionally, investor participation appears to be waning, with delivery volume on 07-Apr falling by 81.58% compared to the 5-day average, indicating reduced interest from investors.<BR><BR>While the stock has shown impressive long-term growth, with a return of 101.28% over the past year and 587.06% over the past five years, there are significant concerns regarding its financial health. The company has recorded a negative EBIT of Rs. -0.5 cr, and its profits have decreased by 127.9% over the past year, despite the stock's price increase. Furthermore, the operating profit has declined at an annual rate of 171.27% over the last five years, raising red flags about its long-term growth potential.<BR><BR>In summary, while there is a slight rise in the stock price currently, the overall trend indicates a decline due to poor short-term performance, reduced investor participation, and concerning financial metrics.

Why is Panchmahal Steel Ltd falling/rising?

As of 09-Apr, Panchmahal Steel Ltd's stock price is Rs 297.05, reflecting a decline of 0.95% and underperforming the Sensex, which has risen by 4.52% over the past week. The stock shows bearish trends with decreasing investor participation and is trading below several short-term moving averages.

As of 09-Apr, Panchmahal Steel Ltd's stock price is falling, currently at Rs 297.05, which reflects a decrease of Rs 2.85 or 0.95%. The stock has underperformed compared to the benchmark Sensex, which has risen by 4.52% over the past week while Panchmahal Steel Ltd has declined by 4.47%. Over the past month, the stock has also seen a decrease of 4.53%, contrasting with the Sensex's slight decline of 1.20%.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 43.32% compared to the 5-day average. Additionally, the stock's performance today indicates it has underperformed its sector by 1.35%. Although the stock reached an intraday high of Rs 309.9, it has been trading closer to its lower price levels, suggesting a lack of sustained upward momentum.<BR><BR>The moving averages indicate that while the stock is above the 200-day moving average, it is below the shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), which may signal a bearish trend in the short term. Overall, these factors contribute to the current decline in Panchmahal Steel Ltd's stock price.

Which are the latest news on Panchmahal Steel?