Panchmahal Steel Limited
PANCHMAHQBSE
₹287.95▲ +12.95 (+4.71%)
Whole company worth₹549 Cr
Price for ₹1 of profit₹143
1-year range₹254 – ₹339
The short version
A slow-growing, loss-making business.
What Panchmahal Steel does
Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz.
Worked out from Panchmahal Steel's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Panchmahal Steel is a micro-sized company in iron & steel products.
Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz.
- Whole company is worth
- ₹549 crore
- Run by
- Ashok Ramlubhaya Malhotra
- Shareholders
- 2,524 people
- Listed since
- 2026
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 3% a year for 5 years.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
For every ₹100 it sells, it spends ₹101.
Here is where the money from Panchmahal Steel's sales went in FY26, the latest full year it has reported.
₹71
₹25
₹100 of sales ends here
- ₹71Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹25Running the businessstaff, rent, marketing, power and everything else
- ₹1.4Interest on its loansthe cost of borrowed money
- ₹2.1Wear and tearmachines, stores and buildings losing value over time
- ₹0.8Taxincome tax paid to the government
- ₹1Lossspent beyond what came in — covered by savings or new money
On the money its owners have put in
It lost ₹2 for every ₹100 its owners have invested.
Bank FD ~₹6–7
₹-2
₹-10₹0₹10₹20₹30₹40
Return on equity (ROE) measures the yearly profit made on the money shareholders have put into the business. Negative means the business is eating into that money.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹1565 actually came in as cash.
Profit it reported₹4.0 Cr
Cash its business brought in₹63 Cr
Over the last 3 years: ₹4.0 crore of profit and ₹63 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹143 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 143 means buyers are paying for about 143 years of today's profit up front.
The share price over the past year
It is 15% below its highest price of the past year and 13% above its lowest.
05Who owns it?
Its founders and parent group own 74 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 2,524 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- Lost ₹2.3 crore in its last financial year.
- Founders have pledged 6% of their shares as loan collateral — a forced sale is possible if the price falls.
- The share price is 143 times a year's profit, so it leans heavily on growth continuing.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales up 7%, profit up 326%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹94 Cr
▲ 7.3% on a year earlier
Profit
₹4.3 Cr
▲ 326.0% on a year earlier
No notable developments in the last few weeks.
Advanced view
Every number, every table, the full chart.
Ten years of statements, quarterly results, peers side by side, technical indicators, analyst estimates, bulk deals and filings.
Ask DoXy
Still have a question about Panchmahal Steel?
This page describes Panchmahal Steel using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Panchmahal Steel Limited (PANCHMAHQ): company summary
The company's annual revenue grew by 0.3% to ₹384 crore, but net profit swung to a loss of ₹2 crore from a profit of ₹3 crore.
Panchmahal Steel Limited (PANCHMAHQ) is a micro-cap Capital Goods company valued at ₹549 crore operating in Iron & Steel Products on the NSE and BSE.
- Recent price move
- Panchmahal Steel Limited last traded at ₹287.95, up 4.71% on the day.
- Recent developments
- On 2026-09-30, the company reported a net loss of ₹2 crore for its latest financial year, which contrasts with the latest quarter's net profit of ₹4 crore. Promoter shares pledged amounted to 5.79% of their holding as of 2026-09-30.
- Financial performance
- The company's annual revenue grew by 0.3% to ₹384 crore, but net profit swung to a loss of ₹2 crore from a profit of ₹3 crore. The latest quarter saw revenue rise 7.3% to ₹94 crore, and net profit turned to a profit of ₹4 crore from a loss of ₹2 crore, showing improvement in the recent quarter.
- Valuation multiples
- The stock trades at 142.8 times earnings, 3.80 times book value. It yields 1.0%.
- Things to watch
- The company reported a net loss of ₹2 crore in its latest financial year, compared to a profit of ₹3 crore in the previous year. The net profit margin fell to -0.6% from 0.9% a year earlier, and return on equity is negative at -1.5%.
- Where it stands
- The company ended its latest financial year with a net loss of ₹2 crore, but the latest quarter showed a net profit of ₹4 crore. The net profit margin is now -0.6%, and return on equity is -1.5%, indicating ongoing challenges in profitability.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
More Capital Goods stocks · Iron & Steel Products
Explore Panchmahal Steel Limited’s valuation
Free deep-dive tools · no sign-up
Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.
Panchmahal Steel Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
Related tools & concepts
Value Panchmahal Steel Limited with the ratios and calculators DocStoX uses in its analysis.
P/E RatioPrice to earningsReturn on Equity (ROE)ProfitabilityROCECapital efficiencyDebt to EquityLeverageP/B RatioPrice to bookNet Profit MarginBottom-line efficiencyDCF / Intrinsic ValueEstimate fair valueCAGR CalculatorAnnualised returnDividend YieldIncome on pricePosition SizeRisk-based sizingBrokerage CalculatorCharges on a tradeSIP CalculatorSystematic investing