Panchmahal Steel share price & results
- Jun 2026
- Sept 2026
Gujarat-based listed steel manufacturer with its registered office and manufacturing works at Kalol (Panchmahals district) and a corporate office in Vadodara.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 94.0 | +7.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 8.7 | +9.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 4.3 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 2.57 | −3.2 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | 6.74 | +8.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 4.87 | +10.8 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −1.4% 1Y
1Y: ₹280.95 on 24 Oct 2025 → ₹277.15. High ₹353.7 (12 Feb 2026), low ₹256 (22 Oct 2026).
- Previous close
- ₹259.55
- Market cap
- ₹548 Cr
- 52-week range
- ₹256 – ₹353.7
- One year
- −5.68%
- Price to earnings (TTM to Jun 2026)
- 137.00×
- Return on equity (TTM to Jun 2026)
- 2.57%
Overview
- Symbol
- NSE:PANCHMAHQ
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Panchmahal Steel Ltd. does
Based on the company's own presentations, annual report and earnings calls.
Panchmahal Steel Limited is a steel manufacturer whose registered office and manufacturing works are located at GIDC Industrial Estate, Kalol, in the Panchmahals district of Gujarat, with a separate corporate office in Vadodara. The company's equity shares are listed on BSE (scrip code 513511). As of March 31, 2025, it had 524 permanent employees on its rolls.
- Manufacturing works
- 1 (GIDC Industrial Estate, Kalol, Panchmahals district, Gujarat)
- Permanent employees
- 524 (as of March 31, 2025)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +326% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 99 | 95 | 91 | 88 | 93 | 98 | 106 | 94 |
| Expenses | 94 | 89 | 91 | 88 | 89 | 94 | 102 | 86 |
| Operating profit | 5 | 5 | 0 | -0 | 3 | 4 | 4 | 8 |
| Operating margin | 5.0% | 5.5% | 0.1% | −0.2% | 3.4% | 4.5% | 3.5% | 8.7% |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 2 | -3 | -3 | 1 | 2 | 1 | 6 |
| Tax rate | 27.6% | 25.9% | −24.7% | −26.7% | 30.4% | 25.6% | 331.5% | 25.2% |
| Net profit | 2 | 2 | -2 | -2 | 1 | 1 | -2 | 4 |
| EPS (₹ per share) | 0.93 | 0.87 | -1.06 | -1.01 | 0.29 | 0.64 | -1.11 | 2.27 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 489 | 428 | 383 | 384 |
| Expenses | 473 | 412 | 368 | 373 |
| Operating profit | 16 | 16 | 16 | 11 |
| Other income | 1 | 4 | 3 | 3 |
| Interest | 7 | 8 | 6 | 5 |
| Depreciation | 8 | 8 | 8 | 8 |
| Profit before tax | 2 | 4 | 5 | 1 |
| Net profit | 1 | 3 | 3 | -2 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 141 | 135 | 138 | 141 | 134 | 132 |
| Borrowings | 28 | 76 | 40 | 50 | 48 | 35 |
| Other liabilities | 111 | 65 | 38 | 32 | 30 | 38 |
| Total liabilities | 299 | 295 | 234 | 242 | 231 | 224 |
| Fixed assets | 73 | 71 | 65 | 57 | 54 | 52 |
| Capital work in progress | 0 | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 226 | 224 | 169 | 184 | 177 | 172 |
| Total assets | 299 | 295 | 234 | 242 | 231 | 224 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 29 | 38 | -30 | 40 | -5 | 29 |
| Cash from investing | 0 | -3 | -6 | 5 | 1 | -3 |
| Cash from financing | -28 | -32 | 34 | -45 | 4 | -26 |
| Net cash flow | 1 | 2 | -3 | 0 | 0 | 0 |
| Free cash flow | 31 | 35 | -37 | 38 | -5 | 25 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 36 | 26 | 33 | 35 | 44 | 45 |
| Inventory days | 237 | 159 | 156 | 142 | 175 | 161 |
| Days payable | 182 | 89 | 51 | 27 | 27 | 30 |
| Cash conversion cycle | 91 | 97 | 138 | 150 | 191 | 176 |
| Working capital days | 26 | 51 | 56 | 80 | 100 | 98 |
| Return on capital employed | 11.0% | 41.0% | 4.0% | 6.0% | 5.0% | 3.0% |
| Dividend payout | 0.0% | 13.0% | 0.0% | 0.0% | 172.0% | 0.0% |
Ownership
Who owns it
Promoters hold 73.81% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 73.81%
- Foreign institutions 0.00%
- Domestic institutions 0.00%
- Government 3.93%
- Public 22.25%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.06 pp 1.27% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Panchmahal Steel Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 55.36% | unchanged | |
| 15.18% | unchanged | |
| 8.81% | unchanged | |
| 3.93% | unchanged | |
| 3.56% | unchanged | |
| 1.34% | unchanged | |
| 1.27% | +0.06 pp | |
| 1.21% | unchanged | |
| 0.88% | unchanged | |
| 0.52% | unchanged | |
| 0.52% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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