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Panchmahal Steel Ltd (PANCHMAHQ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513511 NSE: PANCHMAHQ Steel & Iron Products | Small Cap | Panchmahal Steel Share Price

₹295 -4.00 (-1.34%)

As on 24-Sep'26 10:20

Panchmahal Steel Ltd (PANCHMAHQ)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513511 NSE: PANCHMAHQ Steel & Iron Products | Small Cap | Panchmahal Steel Share Price

₹295 -4.00 (-1.34%)

As on 24-Sep'26 10:20

Key Metrics
Valuation Multiples
Market Cap
₹570 Cr.
Current Price
₹295
52-Week Low / High
₹261 / 385
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
25.4
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
0.3%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
73.81%
Pledged shares (%) of Promoter's holding (%)
5.79%
Reserves
-
Equity
₹19.1 Cr.
Face Value
₹10
All Time Low / High
₹0.30 / 400.00

Panchmahal Steel stock performance

Key Ratios
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Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Panchmahal Steel Ltd a good quality company?
Panchmahal Steel Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Panchmahal Steel Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Panchmahal Steel Ltd vs industry peers?
Panchmahal Steel Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Panchmahal Steel Ltd?
Promoters hold 73.81% of the Panchmahal Steel Ltd, with 5.79% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Panchmahal Steel Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 30.5% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Panchmahal Steel Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 7.4%7%9.1%-1%12.5%42.1%4.3%5.6%5%3.1%-
Value Creation
Index
-0.5-0.5-0.4-1.1-0.12.0-0.7-0.6-0.6NA-

Growth Parameters

Sales 329396453330339574489428383384391
Sales YoY Gr.-20.2%14.4%-27.1%2.6%69.2%-14.8%-12.5%-10.4%0.3%-
Adj EPS -0.1-0.61-173.929.61.30.71-22.1
YoY Gr.-NANA-1761.8%NA652.9%-95.5%-43.9%28.4%-309.5%-
BVPS (₹) 63.763.464.748.153.383.880.682.2847981.3
Adj Net
Profit
-0.3-1.12-32.37.556.52.51.41.8-3.84
Cash Flow from Ops. 5.71414.3729.237.9-30.139.7-5.128.6-
Debt/CF from Ops. 12.254.810.31.90.8-2.51-9.81.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.7%2.5%-7.7%0.3%
Adj EPS NA-187.3%-214.7%-309.5%
BVPS2.4%8.2%-0.7%-6%
Share Price 30.3% 27% 27% -0.7%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-0.2-0.91.6-307.843.21.60.91.2-2.42.6
Op. Profit
Mgn %
5.44.25.11.46.813.33.53.74.12.95
Net Profit
Mgn %
-0.1-0.30.4-9.82.29.80.50.30.5-11
Debt to
Equity
0.60.60.60.80.50.20.50.30.30.2-
Working Cap
Days
16917314318519413016116316716978
Cash Conv.
Cycle
8161558073529412013914147

Valuation of Panchmahal Steel - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *5.705.705.715.715.745.795.795.795.795.79
* Pledged shares as % of Promoter's holding (%)

Financials

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Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Panchmahal Steel Ltd FAQs

The current trading price of Panchmahal Steel on 24-Sep-2026 10:20 is ₹295.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Sep-2026 the market cap of Panchmahal Steel stood at ₹570.4 Cr

The latest P/E ratio of Panchmahal Steel as of 23-Sep-2026 is 142.7.

The latest P/B ratio of Panchmahal Steel as of 23-Sep-2026 is 3.68.

The 52-week high of Panchmahal Steel is ₹384.5 and the 52-week low is ₹261.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panchmahal Steel is ₹391 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Panchmahal Steel Ltd is a below average quality company.

The key valuation ratios of Panchmahal Steel Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Panchmahal Steel Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Panchmahal Steel Ltd

Panchmahal Steel established in 1972 is engaged in manufacturing of long stainless steel product. Company product range includes austenitic, martensitic, ferritic and precipitation hardening grades in various sizes and finishes in the form of billets, wire rod, hot rolled bars, cold finished bars (bright bars) and wires.

Company’s state-of-the-art production facilities are located at GIDC Industrial Estate, Kalol 389 330, Panchmahals District, Gujarat. It facilities have received ISO 9001:2000 certification.

Panchmahal Steel is member of various organisation namely All India Stainless Steel Industry Association (AISSIA), Indian Institute of Metals (IIM), Engineering & Export Promotion Council  (EEPC), Export Import Club of India (Exim Club), Indian Stainless Steel Association (ISSDA, Indo German Chamber of Commerce (IGCC), International Stainless Steel Forum (ISSF - IISI) and Australian Stainless Steel Development Association  (ASSDA).

Product range of the company includes:

  • Wire rods with size range of 5.5 mm to 26.3 mm
  • Wires with size range of 0.6mm to 15.0
  • Bars with size range of 2mm to 84 mm
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