PANCHMAHAL STEEL LTD. (PANCHMAHQ) financials

PANCHMAHAL STEEL LTD. (PANCHMAHQ) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz. Bars, Rods and Wires[1]

Market Cap: ₹582Cr.
Current Price: ₹305
Stock P/E: 145
ROE: -1.48%
ROCE: 3.10%
Book Value: ₹79.0
Dividend Yield: 0.98%
52W High / Low: ₹384/254

In Jun 2026, PANCHMAHAL STEEL LTD. (PANCHMAHQ) reported sales ₹93.97 Cr and net profit ₹4.34 Cr.

Annual TTM: sales ₹391 Cr, net profit ₹4 Cr.

Shareholding: Promoters 73.81% (Jun 2026), DIIs 0.00% (Jun 2026), Government 3.93% (Jun 2026), Public 22.25% (Jun 2026), No. of Shareholders 2,506% (Jun 2026).

PANCHMAHQ quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	99.05	94.72	91.21	87.54	92.63	98.11	105.96	93.97
Expenses	94.15	89.49	91.12	87.74	89.45	93.70	102.20	85.78
Operating Profit	4.90	5.23	0.09	-0.20	3.18	4.41	3.76	8.19
OPM %	4.95%	5.52%	0.10%	-0.23%	3.43%	4.49%	3.55%	8.72%
Other Income	0.94	0.53	0.56	1.04	0.74	0.67	0.53	0.64
Interest	1.37	1.51	1.34	1.47	1.14	1.44	1.36	1.03
Depreciation	2.01	2.01	2.02	1.99	1.99	2.00	2.01	2.00
Profit before tax	2.46	2.24	-2.71	-2.62	0.79	1.64	0.92	5.80
Tax %	27.64%	25.89%	-24.72%	-26.72%	30.38%	25.61%	331.52%	25.17%
Net Profit	1.78	1.66	-2.03	-1.92	0.55	1.23	-2.12	4.34
EPS in Rs	0.93	0.87	-1.06	-1.01	0.29	0.64	-1.11	2.27
Raw PDF	—	—	—	—	—	—	—	—

PANCHMAHQ profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	330	339	574	489	428	383	384	391
Expenses	327	316	498	473	412	368	373	371
Operating Profit	4	23	76	16	16	16	11	20
OPM %	1.2%	7%	13%	3.2%	3.7%	4.0%	2.9%	5%
Other Income	2	4	4	1	4	3	3	3
Interest	14	10	6	7	8	6	5	5
Depreciation	8	7	8	8	8	8	8	8
Profit before tax	-15	10	67	2	4	5	1	9
Tax %	112%	0%	12%	28%	24%	27%	405%	—
Net Profit	-32	10	59	1	3	3	-2	4
EPS in Rs	-16.88	5.14	30.71	0.72	1.56	1.75	-1.18	2.09
Dividend Payout %	0%	0%	13%	0%	0%	172%	0%	—

PANCHMAHQ balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	19	19	19	19	19	19	19	19
Reserves	104	73	83	141	135	138	141	132
Borrowings	69	72	55	28	76	40	50	35
Other Liabilities	89	89	121	111	65	38	32	38
Total Liabilities	282	253	277	299	295	234	242	224
Fixed Assets	90	82	75	73	71	65	57	52
CWIP	0	0	0	0	1	0	0	0
Investments	0	0	0	0	0	0	0	0
Other Assets	192	170	202	226	224	169	184	172
Total Assets	282	253	277	299	295	234	242	224

PANCHMAHQ cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	14	7	29	38	-30	40	-5	29
Cash from Investing Activity	0	3	-0	-3	-6	5	1	-3
Cash from Financing Activity	-14	-10	-28	-32	34	-45	4	-26
Net Cash Flow	0	0	1	2	-3	0	0	-0
Free Cash Flow	13	7	31	35	-37	38	-5	25
CFO/OP	62%	186%	127%	50%	-171%	236%	-9%	251%

PANCHMAHQ shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	74.87%	74.86%	74.38%	73.81%	73.81%	73.81%	73.81%	73.81%
DIIs	3.93%	3.93%	3.93%	0.00%	0.00%	0.00%	0.00%	0.00%
Government	0.00%	0.00%	0.00%	3.93%	3.93%	3.93%	3.93%	3.93%
Public	21.20%	21.21%	21.69%	22.26%	22.26%	22.26%	22.26%	22.25%
No. of Shareholders	2,814	2,746	2,774	2,695	2,603	2,565	2,541	2,506

PANCHMAHQ key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	22	28	36	26	33	35	44	45
Inventory Days	155	205	237	159	156	142	175	161
Days Payable	97	128	182	89	51	27	27	30
Cash Conversion Cycle	81	105	91	97	138	150	191	176
Working Capital Days	12	11	26	51	56	80	100	98
ROCE %	9%	-2%	11%	41%	4%	6%	5%	3%

PANCHMAHQUpdated 28 Sept 2026, 12:28

Panchmahal Steel Ltd.

PANCHMAHQUpdated 28 Sept 2026, 12:28

Market Cap

₹582Cr.

Current Price

₹305

High / Low

₹384/254

Stock P/E

145

ROE-1.48%

ROCE3.10%

Book Value₹79.0

Face Value₹10.0

Dividend Yield0.98%

About

Incorporated in 1972, Panchmahal Steel Ltd manufactures Stainless Steel Long Products viz. Bars, Rods and Wires[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	107.37	2.48	103.06	0.35	2.01	0.17	23.53	0.13	0.07
Sep 2023	119.18	2.13	115.24	1.16	2.02	0.95	25.26	0.71	0.37
Dec 2023	102.57	1.93	100.72	1.66	2.02	-0.44	-27.27	-0.32	-0.17
Mar 2024	98.5	1.41	92.88	1.07	2.04	3.24	25	2.44	1.28
Jun 2024	98.13	1.39	92.84	0.68	2.01	2.57	25.29	1.91	1
Sep 2024	99.05	1.37	94.15	0.94	2.01	2.46	27.64	1.78	0.93
Dec 2024	94.72	1.51	89.49	0.53	2.01	2.24	25.89	1.66	0.87
Mar 2025	91.21	1.34	91.12	0.56	2.02	-2.71	-24.72	-2.03	-1.06
Jun 2025	87.54	1.47	87.74	1.04	1.99	-2.62	-26.72	-1.92	-1.01
Sep 2025	92.63	1.14	89.45	0.74	1.99	0.79	30.38	0.55	0.29
Dec 2025	98.11	1.44	93.7	0.67	2	1.64	25.61	1.23	0.64
Mar 2026	105.96	1.36	102.2	0.53	2.01	0.92	331.52	-2.12	-1.11
Jun 2026	93.97	1.03	85.78	0.64	2	5.8	25.17	4.34	2.27

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	390	11	380	3	9	-6	-37	-4	-1.85
Mar 2016	290	11	292	3	8	-19	-33	-13	-6.6
Mar 2017	329	14	311	4	8	0	-16	0	0.15
Mar 2018	396	13	379	5	8	0	-41	1	0.29
Mar 2019	453	14	430	2	8	4	33	3	1.34
Mar 2020	330	14	327	2	8	-15	112	-32	-16.88
Mar 2021	339	10	316	4	7	10	0	10	5.14
Mar 2022	574	6	498	4	8	67	12	59	30.71
Mar 2023	489	7	473	1	8	2	28	1	0.72
Mar 2024	428	8	412	4	8	4	24	3	1.56
Mar 2025	383	6	368	3	8	5	27	3	1.75
Mar 2026	384	5	373	3	8	1	405	-2	-1.18
TTM	391	5	371	3	8	9	—	4	2.09

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	73.81%
Government	3.93%
Public	22.25%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Sep 2023	74.9%	—	3.93%	0%	21.16%
Dec 2023	74.9%	—	3.93%	0%	21.16%
Mar 2024	74.9%	—	3.93%	0%	21.16%
Jun 2024	74.91%	—	3.93%	0%	21.17%
Sep 2024	74.87%	—	3.93%	0%	21.2%
Dec 2024	74.86%	—	3.93%	0%	21.21%
Mar 2025	74.38%	—	3.93%	0%	21.69%
Jun 2025	73.81%	—	0%	3.93%	22.26%
Sep 2025	73.81%	—	0%	3.93%	22.26%
Dec 2025	73.81%	—	0%	3.93%	22.26%
Mar 2026	73.81%	—	0%	3.93%	22.26%
Jun 2026	73.81%	—	0%	3.93%	22.25%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Other Assets	Total Assets
Mar 2015	19	115	56	111	301	116	0	185	301
Mar 2016	19	102	62	86	269	108	0	160	269
Mar 2017	19	102	70	120	311	101	0	209	311
Mar 2018	19	102	70	110	301	96	0	205	301
Mar 2019	19	104	69	89	282	90	0	192	282
Mar 2020	19	73	72	89	253	82	0	170	253
Mar 2021	19	83	55	121	277	75	0	202	277
Mar 2022	19	141	28	111	299	73	0	226	299
Mar 2023	19	135	76	65	295	71	1	224	295
Mar 2024	19	138	40	38	234	65	0	169	234
Mar 2025	19	141	50	32	242	57	0	184	242
Mar 2026	19	132	35	38	224	52	0	172	224

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	11	-4	-6	2
Mar 2016	3	1	-6	-1
Mar 2017	6	1	-6	1
Mar 2018	14	-1	-14	0
Mar 2019	14	0	-14	0
Mar 2020	7	3	-10	0
Mar 2021	29	0	-28	1
Mar 2022	38	-3	-32	2
Mar 2023	-30	-6	34	-3
Mar 2024	40	5	-45	0
Mar 2025	-5	1	4	0
Mar 2026	29	-3	-26	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	28	31	48	34	22	28	36	26	33	35	44	45
Inventory Days	155	188	219	173	155	205	237	159	156	142	175	161
Days Payable	127	128	177	129	97	128	182	89	51	27	27	30
Cash Conversion Cycle	56	90	89	78	81	105	91	97	138	150	191	176
Working Capital Days	-3	-16	2	8	12	11	26	51	56	80	100	98
ROCE %	2%	-4%	7%	7%	9%	-2%	11%	41%	4%	6%	5%	3%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of PANCHMAHAL STEEL LTD. (PANCHMAHQ)?

The reported market capitalisation for PANCHMAHAL STEEL LTD. (PANCHMAHQ) is ₹582Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of PANCHMAHQ?

The current price shown for PANCHMAHAL STEEL LTD. (PANCHMAHQ) on Fincrux is ₹305 with a 52-week high/low of ₹384/254.

What is the P/E ratio of PANCHMAHAL STEEL LTD. (PANCHMAHQ)?

The stock P/E for PANCHMAHAL STEEL LTD. (PANCHMAHQ) is 145 on Fincrux, with ROE at -1.48% and ROCE at 3.10%.

What were PANCHMAHQ latest quarterly results?

For Jun 2026, PANCHMAHAL STEEL LTD. (PANCHMAHQ) reported sales ₹93.97 Cr and net profit ₹4.34 Cr (figures in ₹ crore unless noted).

What are PANCHMAHQ annual sales and net profit?

For TTM, PANCHMAHAL STEEL LTD. (PANCHMAHQ) shows sales of ₹391 Cr and net profit of ₹4 Cr on the Fincrux profit & loss statement.

Who owns PANCHMAHAL STEEL LTD. (PANCHMAHQ)?

Latest shareholding for PANCHMAHAL STEEL LTD. (PANCHMAHQ) on Fincrux: Promoters 73.81% (Jun 2026), DIIs 0.00% (Jun 2026), Government 3.93% (Jun 2026), Public 22.25% (Jun 2026), No. of Shareholders 2,506% (Jun 2026).

Where can I find PANCHMAHAL STEEL LTD. (PANCHMAHQ) financials?

PANCHMAHAL STEEL LTD. (PANCHMAHQ) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show PANCHMAHQ balance sheet and cash flow?

Yes. The PANCHMAHAL STEEL LTD. (PANCHMAHQ) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 28 September 2026 at 12:28