Panchmahal Steel logo

Panchmahal Steel share price

NSE: PANCHMAHQBSE: 513511Industrial ProductsSmall Cap

Last close ₹257.75up ₹1.75 (0.68%)BSE ₹287.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹256.00.

52-week range of BSE trades to 23 Oct 2026
₹265.00Low, 18 Aug 2026₹384.50High, 25 Nov 2025
Market cap
₹492 Cr1,763rd largest listed
P/E
123.0
P/B
3.3
Dividend yield
Nonein the last 12 months
ROE
2.6%
ROCE
6.2%
Debt to equity
0.23
Volume, NSE
28834.4% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Aug 2026, adjusted for splits and bonuses

+7.7%over a year on BSE closes · Nifty 500 −9.8%

The returns and 20-session average are on BSE closes, where the record is longest.20-session average 184 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 3 Aug

Revenue
₹94 Crdown 11.32%
Net profit
₹4.34 CrQuarter to Mar 2026: −₹2.12 Cr
Net margin
4.6%

Revenue by year

Peak revenue ₹574 Cr, year to Mar 2022

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in the year to Mar 2026, −₹2.26 CrA loss in 2 of the 10 years shown
₹ croreSep 2024Filed 30 OctDec 2024Filed 12 FebMar 2025Filed 28 OctJun 2025Filed 11 AugSep 2025Filed 31 DecDec 2025Filed 29 JanMar 2026Filed 25 MayJun 2026Filed 3 Aug
Revenue99959188939810694
Net profit22−2−211−24
Net margin1.8%1.8%−2.2%−2.2%0.6%1.2%−2.0%4.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Stainless Steel Long Products, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to book

At or below today's level on 86% of 1,875 trading days since Nov 2018.

LowestHighest
Its median1.7Industry median1.5
EV to EBITDA26.9

At or below today's level on 63% of 1,770 trading days since Nov 2018.

LowestHighest
Its median16.6Industry median12.6
Dividend yield

At or below today's level on 79% of 2,373 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+110.6%––0.0%
3 years+28.6%––0.7%
5 years+56.0%––1.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters73.81%
  • Governments3.93%
  • Individuals and others22.26%
Holder
HONEYVICK ENTERPRISES PRIVATE LIMITEDPromoter55.36%
ASHOK MALHOTRAPromoter15.18%
DIMPLE KAMLESH KANUNGOResident individuals, over ₹2 lakh at face value8.81%
Gujarat Industrial Investment Corporation LimitedGovernment-promoted companies3.93%
BIKRAMPUR INVESTMENTS AND TRADING PRIVATE LIMITEDCompanies3.56%
ASHOK RAMLUBHAYA MALHOTRA (HUF)Promoter1.34%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Panchmahal Steel in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Scoda Tubes logoScoda TubesSCODATUBES64417.41.69.7––13.7%11.5%0.00%
Rama Steel Tubes logoRama Steel TubesRAMASTEEL599–1.333.6−1.8%––2.5%0.00%
Aerpace Industries logoAerpace IndustriesAERPACE553–13.3–––−47.9%−21.0%0.00%
Modern Malleables logoModern MalleablesMODMA49420.32.814.7+129.5%+88.6%14.5%17.6%0.00%
Azad India Mobility logoAzad India MobilityAZADIND418135.63.1154.3––3.3%1.8%0.00%
P S Raj Steels logoP S Raj SteelsPSRAJ36842.95.0–0.0%+15.8%12.4%–0.00%
Suraj logoSurajSURAJLTD36443.82.624.0−15.2%−19.6%6.1%6.0%0.76%
Riddhi Steel and Tube logoRiddhi Steel and TubeRSTL34229.94.7–+17.1%+51.0%16.9%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.00 a share, year to Mar 2022.
Ex-dateTypePer share
12 Sep 2025Final₹3.00
14 Sep 2022Final₹4.00
18 Jul 2013Final₹1.25
5 Jul 2012Final₹2.50
14 Jul 2011Final₹2.50
22 Jul 2010Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Panchmahal Steel share price by year

Each calendar year to 2025.Panchmahal Steel share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close314.90+27.2%335.55135.70
2024BSE close247.60+66.1%306.75141.70
2023BSE close149.05+7.6%157.55117.05
2022BSE close138.50+12.8%165.15120.80
2021BSE close122.80+263.3%139.9528.85
2020BSE close33.80+51.2%34.5515.75
2019BSE close22.35−55.7%54.3021.30
2018BSE close50.50−15.6%66.1532.65
2017BSE close59.85+178.4%83.1521.15
2016BSE close21.50+41.4%28.6011.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026261.05283.95257.75257.75274.2728834.4%
22 Oct 2026265.00265.00256.00256.00260.7670100.0%
21 Oct 2026280.00280.00272.00272.05275.957197.2%
19 Oct 2026270.95288.00266.00280.00277.769999.0%
16 Oct 2026285.00295.05277.00290.85287.6864941.6%
15 Oct 2026294.75306.95285.00285.00293.574481.8%
14 Oct 2026285.00324.00277.00289.05289.4253594.4%
13 Oct 2026279.50294.50279.50285.00285.971668.8%
12 Oct 2026277.25290.00274.95275.55279.332176.2%
9 Oct 2026276.70276.70269.00271.90271.898100.0%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Panchmahal Steel Limited
NSE symbol
PANCHMAHQ
BSE code
513511
ISIN
INE798F01010
Industry
Industrial Products
Listed
Mar 1994
Face value
₹10
CIN
L27104GJ1972PLC002153
Corporate identity number, the registrar of companies' code for it