Panchmahal Steel: Company Profile, Shares, Jobs & Ratings
Short intro: This article gives a comprehensive, up-to-date overview of Panchmahal Steel (operations, financials, share price, ownership and credit ratings). It is written for investors, procurement teams and professionals researching the company.
SUMMARY BOX — WHAT YOU’LL LEARN & KEY STATISTICS
What you’ll learn
- Who owns and runs Panchmahal Steel, where it produces, and what it manufactures.
- Current financial profile (turnover, recent revenue trend), credit rating history, and share-market signals.
- Hiring activity, plant capacity, and where to find official disclosures and jobs.
Key statistics (at-a-glance)
- Installed (manufacturing) capacity: ~75,000 tpa steel billets; ~120,000 tpa rolled products (plant at GIDC, Kalol). India Infoline+1
- Market cap / share-price (example snapshot): Price ~₹280–₹300; Market cap ~₹530–570 Cr (varies with market) — trading info available on BSE / Moneycontrol. Screener+1
- Latest reported revenue / turnover (TTM / FY figures): ~₹370–430 Cr (sources differ by reporting period — see Financials section). Smart Investing+1
- Employee count (approx): ~500+ (company profile / filings). Yahoo Finance
- Active job listings (third-party job boards): >100–200 roles listed across portals (varies rapidly). Indeed+1
1) INTRODUCTION
SEO snippet: A clear, investor- and buyer-focused introduction to Panchmahal Steel — what it does, where it operates and why it matters in stainless long-products.
Panchmahal Steel Limited (PSL) is a Gujarat-based manufacturer of stainless-steel long products — wire rods, bright bars, cold-finished bars and specialty stainless grades used across industrial, automotive and engineering segments. The company runs integrated steel-making and finishing facilities in the Panchmahal district (GIDC, Kalol) and maintains an HQ/corporate presence in Vadodara. Its long history (incorporated 1972) includes a promoter-led turnaround in the 1970s and subsequent capacity expansions in the 1990s and 2000s. India Infoline+1
Over the last few fiscal years PSL’s scale is medium-sized (hundreds of crores in annual revenue) and performance has shown sensitivity to raw-material volatility and end-market demand — a common theme in stainless-steel processors. The company’s public disclosures, exchange filings and third-party financial platforms provide the best real-time view for investors and buyers. Moneycontrol+1
LSI keywords: stainless steel long products, wire rods manufacturer, bright bars, cold finished bars, Kalol steel plant, stainless steel India.
FAQs (short):
- Q: Where is Panchmahal Steel located?
A: Plant in GIDC, Kalol (Panchmahal district, Gujarat); corporate office in Vadodara. Screener - Q: What are the main products?
A: Stainless wire rods, billets, hot-rolled bars, cold finished bars and specialized grades (Austenitic, Ferritic, Duplex, 200-series). India Infoline
External links (open in new tab; rel="nofollow"):
https://www.panchmahalsteel.co.in/ (target="_blank" rel="nofollow"). panchmahalsteel.co.in
2) PANCHMAHAL STEEL
SEO snippet: Company overview, historical milestones and core capabilities.
Panchmahal Steel is positioned as a specialist producer of stainless-steel long products in India with an integrated steel-melting shop (SMS), secondary refining (AOD & ladle furnace) and cold-finishing capabilities. The company pivoted from mild-steel production to stainless and alloy grades over several decades and commissioned significant upgrades — the SMS (2008) notably pushed capacity upwards. Official filings and annual reports document these expansions and the product mix. panchmahalsteel.co.in+1
Key facts & operations
- Incorporated: 1972; major promoter takeover and turnaround in 1976. India Infoline
- Plant: GIDC Industrial Estate, Kalol, Panchmahal District (Gujarat). Screener
- Typical customers: engineering, automotive, rail, fasteners, dairy/food processing and filler-wire markets.
LSI keywords: Panchmahal Steel profile, stainless steel manufacturer Gujarat, long products steel India.
FAQs (expanded):
- Q: Is Panchmahal Steel a fully integrated mill?
A: It’s partially backward-integrated: steel melting (EAF), AOD refining and continuous casting with significant in-house rolling and finishing capability. India Infoline - Q: Does the company export?
A: Yes — PSL has historically exported a portion of output; export revenue has varied year to year. Stock Discovery
External links (open in new tab; rel="nofollow"):
https://www.panchmahalsteel.co.in/ (target="_blank" rel="nofollow"). panchmahalsteel.co.in
3) ASHOK MALHOTRA PANCHMAHAL STEEL
SEO snippet: Leadership profile — promoter lineage and the Chair/MD’s role in company strategy.
Ashok R. Malhotra serves as Chairman & Managing Director and is a promoter who has been with the company since the 1976 turnaround; official director profiles and the company’s board page list his role and experience. Under his stewardship the company has expanded technical capabilities and diversified stainless grades. panchmahalsteel.co.in+1
Why leadership matters here
- Promoter stability (family promoters + holding companies) affects governance, access to capital and long-term strategy. Public shareholding data shows promoter blocks (including Honeyvick Enterprises) remain significant. Trendlyne.com+1
LSI keywords: Ashok R Malhotra biography, Panchmahal Steel promoter, Malhotra family steel.
FAQs (expanded):
- Q: Who are the promoters of Panchmahal Steel?
A: Promoters include members of the Malhotra family and holding entities such as Honeyvick Enterprises Private Limited (major promoter holding). Trendlyne.com+1 - Q: Is leadership publicly visible / active?
A: Yes — corporate filings, director bios and annual reports include director details and promoter disclosures. panchmahalsteel.co.in
External links (open in new tab; nofollow for non-authoritative):
https://www.panchmahalsteel.co.in/Director%20Profiles/Ashok%20Malhotra.pdf (target="_blank" rel="nofollow"). panchmahalsteel.co.in
4) PANCHMAHAL STEEL LTD KALOL
SEO snippet: Plant & location details — why Kalol (GIDC) matters for logistics and supply chain.
The company’s primary manufacturing complex sits within GIDC Industrial Estate, Kalol, Panchmahal District — a location chosen for industrial zoning, logistics access to Gujarat ports and proximity to raw-material/forging customers. The corporate address and plant details are in company filings and financial portals. Screener+1
Plant capacity & equipment (snapshot)
- Rolling/production capacity figures reported in filings: ~75,000 tpa billets; ~120,000 tpa rolled products (these are reported capacities — actual utilisation varies with demand). India Infoline+1
LSI keywords: Kalol steel plant, GIDC Kalol, Panchmahal district steel factory.
FAQs (expanded):
- Q: What is the installed capacity at Kalol?
A: Company disclosures list capacity in the tens to hundreds of thousands of tonnes per annum (billets 75k tpa; rolled products 120k tpa — see annual report). India Infoline+1 - Q: How is the plant supplied with raw materials?
A: Typical stainless processors source alloying metals, scrap and ferro-alloys via local and international procurement — PSL uses a combination of captive consumption and market purchases. Stock Discovery
External links (open in new tab; rel="nofollow"):
https://www.panchmahalsteel.co.in/ (target="_blank" rel="nofollow"). panchmahalsteel.co.in
5) PANCHMAHAL STEEL LTD SHARE PRICE
SEO snippet: Market signals: listed on BSE (BSE: 513511 / ticker references) — live prices, market cap and volatility.
Panchmahal Steel is listed on Indian exchanges (BSE ticker, ISIN: INE798F01010). Market quotes (Moneycontrol, Screener, Investing, etc.) show intraday and historical ranges — for example in late September 2025 the share traded in the ~₹270–₹300 range, with a 52-week band that has been wider due to cyclical steel markets. Use exchange pages, Moneycontrol and Screener for precise, real-time quotes. Moneycontrol+1
Investor considerations
- PSL’s P/E may be absent or volatile when earnings are low or negative; look at Price/Book and EV/EBITDA as alternative comparatives. Screener and Moneycontrol publish ratios and historical quarterly revenue/EBITDA trends. Screener+1
LSI keywords: Panchmahal Steel share price today, PANCHMSTEL share, BSE 513511, Panchmahal stock analysis.
FAQs (expanded):
- Q: Where can I check live prices?
A: Moneycontrol, Screener, BSE India and brokerage platforms publish live prices and market depth. Example: Moneycontrol listing for Panchmahal Steel. Moneycontrol - Q: Is Panchmahal Steel a large-cap stock?
A: No — it’s medium/small-cap by Indian market standards (market cap ~₹500–570 Cr range in recent snapshots). Screener
External links (open in new tab):
https://www.moneycontrol.com/india/stockpricequote/steel-mediumsmall/panchmahalsteels/PS07 (target="_blank" rel="nofollow"). Moneycontrol
6) PANCHMAHAL STEEL SHARE
SEO snippet: Shareholding structure and promoter concentration — who owns the company and top holdings.
Promoters (Malhotra family + Honeyvick Enterprises) hold the majority stake with institutional holdings smaller but present. Recent shareholding summaries report Honeyvick Enterprises Pvt. Ltd. as a major promoter holding and family members (Ashok R. Malhotra and relatives) holding individual stakes. Full shareholding patterns are published quarterly on exchange filings. Trendlyne.com+1
Why this matters
- Promoter concentration affects governance dynamics, decisions on dividends, capex and related-party transactions. Review the latest shareholding pattern on BSE for quarter-on-quarter changes. Screener
LSI keywords: Panchmahal Steel shareholding pattern, Honeyvick Enterprises holding, promoter stake Panchmahal.
FAQs (expanded):
- Q: Does the promoter hold majority control?
A: Yes — promoter block (family + Honeyvick Enterprise) controls the majority of equity per recent filings. Trendlyne.com - Q: Are there notable institutional investors?
A: Institutional holding exists but is a smaller percentage (e.g., mutual funds / DIIs / FIIs appear in filings). Check exchange filings for latest numbers. Screener
External links (open in new tab; rel="nofollow"):
https://trendlyne.com/equity/share-holding/2638/PANCHMSTEL/Q1-2024/panchmahal-steel-ltd/ (target="_blank" rel="nofollow"). Trendlyne.com
7) PANCHMAHAL STEEL OWNER
SEO snippet: Ownership & related entities — promoters, holding companies and related-party links.
The company is reported as a subsidiary of Honeyvick Enterprises Private Limited in multiple public investor-information pages; Honeyvick is listed as the primary holding company in related-party and annual-report disclosures. Promoter family names (Malhotra) appear repeatedly in board and shareholding tables. Yahoo Finance+1
Ownership considerations
- Related-party transactions (inter-company deposits, service agreements) are disclosed in annual reports and must be reviewed for potential conflict-of-interest; PSL’s filings show inter-corporate deposits and related disclosures with Honeyvick. panchmahalsteel.co.in
LSI keywords: Honeyvick Enterprises, promoter ownership Panchmahal, Malhotra family steel.
FAQs (expanded):
- Q: Is Panchmahal Steel part of a larger group?
A: It’s associated with Honeyvick Enterprises and promoter family holdings; it’s not part of a large, diversified public corporate group like a conglomerate. Tracxn - Q: Where to find related-party transactions?
A: Annual reports and board disclosures available on the company website and exchange filings contain related-party transaction reports. panchmahalsteel.co.in
External links (open in new tab; rel="nofollow"):
https://www.zaubacorp.com/company/PANCHMAHAL-STEEL-LTD/L27104GJ1972PLC002153 (target="_blank" rel="nofollow"). ZaubaCorp
8) PANCHMAHAL STEEL KALOL
SEO snippet: Local footprint: Kalol plant operations, logistics and regional ecosystem.
Kalol (industrial GIDC) hosts PSL’s primary manufacturing lines — the location benefits from Gujarat’s industrial infrastructure and access to nearby ports for export shipments. The plant’s technology footprint (EAF, AOD, ladle furnace) is consistent with stainless steel long-product producers and is documented in corporate technical notes and the annual report. panchmahalsteel.co.in+1
Regional & supply-chain perks
- Gujarat’s supplier base, freight routes and port connectivity make Kalol efficient for both domestic distribution and exports.
LSI keywords: Kalol GIDC steel, Gujarat stainless steel plant, Panchmahal manufacturing.
FAQs (expanded):
- Q: Does Kalol location help export logistics?
A: Yes — proximity to Gujarat ports and industrial suppliers helps reduce lead times and freight cost for exports. panchmahalsteel.co.in
External links (open in new tab; rel="nofollow"):
https://www.panchmahalsteel.co.in/ (target="_blank" rel="nofollow"). panchmahalsteel.co.in
9) PANCHMAHAL STEEL JOB VACANCY
SEO snippet: Hiring activity and how to find openings — overview of roles and recruitment channels.
Panchmahal Steel’s careers and hiring activity show roles across production, maintenance, quality, engineering and corporate functions. Job portals (Indeed, TimesJobs) list openings and employee reviews; the company also posts hiring updates in investor filings or local recruitment channels. As of the latest checks, multiple roles (100s across job boards, varying by season) were visible on major platforms. Indeed+1
How to apply
- Check official website careers pages, major job portals (TimesJobs, Indeed) and corporate HR contact details in annual reports. Many production roles require trade certifications or prior experience in steel finishing/rolling. panchmahalsteel.co.in+1
LSI keywords: Panchmahal Steel careers, jobs Kalol, Panchmahal recruitment, steel plant jobs Gujarat.
FAQs (expanded):
- Q: Where can I apply for jobs at Panchmahal Steel?
A: Start with the company website, then check TimesJobs, Indeed and local recruitment adverts. Indeed+1 - Q: What roles are commonly hired?
A: Machine operators, maintenance engineers, quality & metallurgical engineers, supervisory roles and accounts/HR in corporate offices. Indeed
External links (open in new tab; rel="nofollow"):
https://in.indeed.com/cmp/Panchmahal-Steel-Ltd. (target="_blank" rel="nofollow"). Indeed
10) PANCHMAHAL STEEL LTD TURNOVER
SEO snippet: Financials — revenue & profit trends, latest reported turnover and TTM signals.
Panchmahal Steel’s reported revenue/turnover has been in the low-hundreds of crores (typical FY / TTM values reported by financial aggregators range ~₹370–430 Cr depending on the reporting window). For instance, platform summaries and annual reports indicate FY figures near ₹400+ Cr historically, while TTM snapshots in 2024–2025 often show revenue around ₹372–428 Cr. Treat these numbers as period-specific — always check the latest annual report or quarterly filings for the exact fiscal figure. Smart Investing+2Smart Investing+2
Profitability & margins
- The company’s EBITDA margin has fluctuated (earlier credit-rating commentary referenced a sharp EBITDA decline in FY23 that affected ratings). Recent quarters show improvements but remain sensitive to raw-material and demand cycles. Stock Discovery
LSI keywords: Panchmahal Steel revenue, Panchmahal sales FY24, turnover Panchmahal Steel Ltd.
FAQs (expanded):
- Q: What was Panchmahal Steel’s revenue in FY24?
A: Depending on source, FY24 standalone revenue is reported in the range ~₹372–428 Cr — see the FY24 annual report for the audited number. Smart Investing+1 - Q: Is the company profitable?
A: Profitability has trended variable; some recent periods show modest net profits, other periods show compressed margins. Check quarterly P&L for the latest. Equitymaster+1
External links (open in new tab; rel="nofollow"):
https://www.panchmahalsteel.co.in/annual_reports.html (target="_blank" rel="nofollow"). panchmahalsteel.co.in
11) PANCHMAHAL STEEL LTD CREDIT RATING
SEO snippet: Rating history and what it signals — monitoring Ind-Ra and other rating agencies.
Credit rating agencies (India Ratings & Research—Ind-Ra, CARE previously) have tracked PSL’s bank facilities. Notable actions include a downgrade to IND BBB- (Stable) in September 2024 and subsequent affirmations/updates in later reviews — the rating rationale cited EBITDA pressure, lower scale of operations and stretched liquidity metrics in FY23, with expectations of gradual improvement. These publications are important for lenders and suppliers evaluating counterparty risk. India Ratings+1
What to watch
- Interest coverage, working-capital utilisation, and EBITDA per tonne are key metrics that rating agencies monitor. Management commentary and the order book give forward visibility on whether ratings might improve. Stock Discovery
LSI keywords: Panchmahal credit rating, Ind-Ra Panchmahal Steel, PSL bank rating.
FAQs (expanded):
- Q: Which agencies rate Panchmahal Steel?
A: India Ratings (Ind-Ra) and CARE (historically) have published rationales and ratings for PSL’s facilities. Stock Discovery+1 - Q: Why was PSL downgraded?
A: The downgrade reflected a fall in EBITDA and deterioration in credit metrics (low interest coverage, stretched liquidity and lower revenue). See Ind-Ra rationale for details. Stock Discovery
External links (open in new tab; authoritative — rel omitted):
https://www.indiaratings.co.in/pressrelease/72001 (target="_blank"). India Ratings
12) NOVINTRADES — INTRODUCTION (BRAND PART)
SEO snippet: Short brand intro about Novintrades — B2B marketplace for industrial buyers & sellers (non-intrusive, brand build).
Novintrades is building a B2B marketplace that connects buyers and sellers across oil products, chemicals, minerals, building materials and industrial goods. The platform combines trade listings with SEO-driven content and a Reportage section for sponsored long-form pieces — a knowledge hub for procurement and sellers seeking visibility. Readers are invited to explore the product catalogue and reportage area for industry insights and supplier contacts. (As requested, this section is non-promotional and SEO-focused.) panchmahalsteel.co.in
SEO Snippet for Novintrades: Discover suppliers and reportages for oil products, chemicals and industrial goods — join the Novintrades network and Telegram channel for updates.
LSI keywords: Novintrades B2B marketplace, Novintrades reportages, industrial supplier marketplace.
Call to action (soft):
- Visit product pages: https://www.novintrades.com/products (target="_blank" rel="nofollow")
- Read sponsored reportages: https://www.novintrades.com/reportages (target="_blank" rel="nofollow")
- Join Telegram for alerts and reportage updates: https://t.me/novintrades (target="_blank" rel="nofollow")
FAQs (short):
- Q: What does Novintrades do?
A: Provides a B2B marketplace and SEO-optimised reportage space for suppliers and buyers across commodities and industrial goods. - Q: How to follow updates?
A: Subscribe on the site and join the Telegram channel. (Links above.)
External links (open in new tab; rel="nofollow"):
https://www.novintrades.com/products (target="_blank" rel="nofollow")
https://www.novintrades.com/reportages (target="_blank" rel="nofollow")
https://t.me/novintrades (target="_blank" rel="nofollow")
CONCLUSION
SEO snippet: Quick takeaways — operations, finance and what readers should monitor next.
Panchmahal Steel is a focused stainless-steel long-products producer with a defined plant footprint in Kalol, stable promoter ownership, and medium-scale revenues in the low-hundreds of crores. Key factors for stakeholders to monitor are utilisation rates, EBITDA per tonne, working-capital cycles and rating agency commentary, since these drive credit comfort, supplier decisions and investor sentiment. For hiring or supplier sourcing, the company’s careers page, job portals and the annual report are the practical starting points. India Infoline+1
LSI keywords (conclusion): Panchmahal Steel outlook, steel processor India, stainless long products outlook.
Final FAQs (executive):
- Q: Is Panchmahal Steel a buy idea?
A: This depends on investor risk tolerance and timing; review latest quarterly results, order book and the company’s liquidity metrics — and consult a financial advisor. Market data sources: Moneycontrol / Screener / BSE. Moneycontrol+1 - Q: How often should I check updates?
A: For investors and suppliers, check quarterly earnings, rating agency releases and exchange filings after each quarter close.
External links (open in new tab; rel="nofollow" unless stated):
Company website (official): https://www.panchmahalsteel.co.in/ (target="_blank" rel="nofollow"). panchmahalsteel.co.in
SOURCES & IMPORTANT REFERENCES (SELECTED)
Below are the most important public sources used to prepare this article (open in new tab):
- Panchmahal Steel — official website (company profile, board & annual reports). https://www.panchmahalsteel.co.in/ panchmahalsteel.co.in+1
- Screener — company snapshot, market data & financials. https://www.screener.in/company/513511/ Screener
- Moneycontrol — live quotes, financials and quarterly updates. https://www.moneycontrol.com/india/stockpricequote/steel-mediumsmall/panchmahalsteels/PS07 Moneycontrol
- India Ratings (Ind-Ra) — credit rating actions and rationales. https://www.indiaratings.co.in/pressrelease/72001 India Ratings
- Annual Reports (51st/52nd): company PDF downloads on the corporate site. https://www.panchmahalsteel.co.in/annual_reports.html panchmahalsteel.co.in
- Job boards / careers (Indeed / TimesJobs) — current openings and employer reviews. https://in.indeed.com/cmp/Panchmahal-Steel-Ltd. Indeed