Panchmahal Steel Ltd
Panchmahal Steel Ltd (513511)

Panchmahal Steel Ltd (513511)

₹155.443.42%

Key Stats

₹148
Day's Price Range
₹157.45
₹80.05
52-Week Price Range
₹174.75
1 Month Return3.54 %
3 Month Return10.27 %
1 Year Return65.98 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 266
EPS
Rank 266
BVPS
Rank 302
Dividend Yield
Rank 134
ROE
Rank 9
44.78%
Price To Book Ratio
Rank 238
Debt To Asset
Rank 297

Company Information

Incorporated as a private limited company to manufacture 18000 tpa of mild steel ingots Panchmahal Steel 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.After the takeover the company turned around. Rolling facilities were set up in 1982 and secondary refining facilities were commissioned in 1986. PSL switched over from production of mild steel to carbon alloy and stainless steel. PSL has facilities to manufacture 75000 tpa of steel billets and 120000 tpa of rolled products at the GIDC Industrial Estate Panchmahal District Gujarat. Most of the steel billets manufactured by the company are captively consumed.The first stage of the technological upgradation and expansion of the rolling mill division commenced commercial production in Mar.94 while the second stage was commissioned in Mar.95. The capacity of the forgings division has also been expanded from 1800 tpa to 4200 tpa in 199495.PSL is putting up a modern steel melting shop with a capacity to produce 2 lac tpa of stainless steel billets. Companys exports has registered a growth of 20 during the year 200001 as the figures stood at Rs.49.30 crores as against Rs.41.23 crores in the previous year.The companys quality system has been accredited with ISO 9002 certification during the year 200001.During 200001 the company has issued 6000000 Equity Shares of Rs.10/ each for cash at par and were allotted to Promoters as this was a part of rehabilitation plan of the company.
OrganisationPanchmahal Steel Ltd
HeadquartersKalol
IndustrySteel