Audited Financial Results of the Company for the quarter and financial year ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Panchmahal Steel Ltd reported a net loss of Rs 226.34 lakhs for FY2026, a sharp reversal from a net profit of Rs 332.53 lakhs in FY2025. Revenue from operations remained nearly flat at Rs 38,424.12 lakhs vs Rs 38,310.11 lakhs. The company posted a PBT of Rs 73.62 lakhs (down from Rs 455.71 lakhs), impacted by higher raw material costs and employee expenses. A tax credit reversal of Rs 279.15 lakhs contributed to the net loss. EBITDA came in at ~Rs 1,412.90 lakhs with an estimated margin of ~3.68%, down from ~5.08% in the prior year. Operating cash flow improved significantly to Rs 2,856.04 lakhs (from negative Rs 504.86 lakhs), driven by working capital release. Borrowings were reduced to Rs 3,522.27 lakhs (from Rs 4,966.46 lakhs). The auditor issued an unmodified (clean) opinion.
The sharp swing to net loss and compressed EBITDA margin signal deteriorating profitability despite flat revenue, which is a concern for shareholders. However, strong positive operating cash flow and debt reduction are positives.