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Panchmahal Steel

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE798F01010
  • NSEID: PANCHMSTEL
  • BSEID: 513511
INR
143.10
-6.9 (-4.6%)
BSENSE

Apr 11, 12:48 PM

BSE+NSE Vol: 260

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

260 (89.50%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

3.93%

Held by 0 DIIs

Promoter

74.86%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Bearish range

  • The technical trend has deteriorated from Mildly Bearish on 18-Mar-25 and has generated -2.98% returns since then
  • Multiple factors for the stock are Bearish like RSI, MACD, Bollinger Band and KST
2

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 297 Cr (Micro Cap)

stock-summary
P/E

37.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.20

stock-summary
Return on Equity

4.85%

stock-summary
Price to Book

1.78

Revenue and Profits (1 Year):
Net Sales:
95 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-42.97%
0%
-42.97%
1 Year
-15.35%
0%
-15.35%
2 Years
-5.26%
0%
-5.26%
3 Years
-6.71%
2.88%
-3.83%
4 Years
212.45%
6.83%
219.28%
5 Years
695.0%
20.00%
715.0%

Latest dividend: 4 per share ex-dividend date: Sep-14-2022

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
1.44%
EBIT Growth (5y)
61.72%
EBIT to Interest (avg)
3.33
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.22
Tax Ratio
25.69%
Dividend Payout Ratio
0
Pledged Shares
5.71%
Institutional Holding
3.93%
ROCE (avg)
8.43%
ROE (avg)
12.07%
Valuation key factors
Factor
Value
P/E Ratio
37
Industry P/E
29
Price to Book Value
1.78
EV to EBIT
24.56
EV to EBITDA
15.13
EV to Capital Employed
1.65
EV to Sales
0.82
PEG Ratio
0.10
Dividend Yield
NA
ROCE (Latest)
4.97%
ROE (Latest)
4.85%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
Bearish
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

5.7078

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Honeyvick Enterprises Pvt. Ltd (55.36%)

Highest Public shareholder

Dimple Kamlesh Kanungo (8.52%)

Individual Investors Holdings

15.58%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -4.37% vs 0.94% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -6.74% vs -6.81% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "94.72",
          "val2": "99.05",
          "chgp": "-4.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.22",
          "val2": "4.90",
          "chgp": "6.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.51",
          "val2": "1.37",
          "chgp": "10.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.66",
          "val2": "1.78",
          "chgp": "-6.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.51%",
          "val2": "4.95%",
          "chgp": "0.56%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -12.97% vs -6.76% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 334.12% vs -86.66% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "197.17",
          "val2": "226.55",
          "chgp": "-12.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.19",
          "val2": "8.24",
          "chgp": "23.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.76",
          "val2": "4.61",
          "chgp": "-40.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.69",
          "val2": "0.85",
          "chgp": "334.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.17%",
          "val2": "3.64%",
          "chgp": "1.53%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -11.31% vs -8.26% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 909.43% vs 70.97% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "291.89",
          "val2": "329.12",
          "chgp": "-11.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.41",
          "val2": "10.09",
          "chgp": "52.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "4.27",
          "val2": "6.54",
          "chgp": "-34.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.35",
          "val2": "0.53",
          "chgp": "909.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.28%",
          "val2": "3.07%",
          "chgp": "2.21%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -12.49% vs -14.81% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 115.22% vs -97.64% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "427.62",
          "val2": "488.64",
          "chgp": "-12.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.71",
          "val2": "15.53",
          "chgp": "1.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.94",
          "val2": "7.08",
          "chgp": "12.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.97",
          "val2": "1.38",
          "chgp": "115.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.67%",
          "val2": "3.18%",
          "chgp": "0.49%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
94.72
99.05
-4.37%
Operating Profit (PBDIT) excl Other Income
5.22
4.90
6.53%
Interest
1.51
1.37
10.22%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.66
1.78
-6.74%
Operating Profit Margin (Excl OI)
5.51%
4.95%
0.56%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -4.37% vs 0.94% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -6.74% vs -6.81% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
197.17
226.55
-12.97%
Operating Profit (PBDIT) excl Other Income
10.19
8.24
23.67%
Interest
2.76
4.61
-40.13%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.69
0.85
334.12%
Operating Profit Margin (Excl OI)
5.17%
3.64%
1.53%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -12.97% vs -6.76% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 334.12% vs -86.66% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
291.89
329.12
-11.31%
Operating Profit (PBDIT) excl Other Income
15.41
10.09
52.73%
Interest
4.27
6.54
-34.71%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.35
0.53
909.43%
Operating Profit Margin (Excl OI)
5.28%
3.07%
2.21%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -11.31% vs -8.26% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 909.43% vs 70.97% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
427.62
488.64
-12.49%
Operating Profit (PBDIT) excl Other Income
15.71
15.53
1.16%
Interest
7.94
7.08
12.15%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.97
1.38
115.22%
Operating Profit Margin (Excl OI)
3.67%
3.18%
0.49%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -12.49% vs -14.81% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 115.22% vs -97.64% in Mar 2023

stock-summaryCompany CV
About Panchmahal Steel Ltd stock-summary
stock-summary
Panchmahal Steel Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Incorporated as a private limited company to manufacture 18,000 tpa of mild steel ingots, Panchmahal Steel Limited (PSL) became a sick unit and a winding up petition was filed by the creditors. In Feb.'76, the Gujarat High Court sanctioned the takeover of PSL by R L Malhotra and Ashok Malhotra from the previous management. The Company is engaged in manufacturing of Stainless Steel Long Products viz., Bars, Rods and Wires. After the takeover, the company turned around.
Company Coordinates stock-summary
Company Details
GIDC Indsutrial Estate, Panchmahal Dist Kalol Gujarat : 389330
stock-summary
Tel: 91-2676-230777
stock-summary
shares@panchmahalsteel.co.in
Registrar Details