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panchmahal steels ltd (513511) Details

Panchmahal Steel Limited produces and sells stainless steel long products in the form of wire rods, bars, and wires in India. It offers hot rolled wire rods and bars for forming, drawing, machining, and cold heading and fastener applications; cold finished bars for precise engineering; and bars for free machining. The company also provides wires for braiding, weaving, knitting, filters, springs, and ball making, as well as for cold heading and fasteners; heat resistant wires; EPQ wires; wires in coils and cut length for electrode manufacturing; and TIG, MIG, and SAW filler wires. Its products are used in the engineering, construction and infrastructure, automotive and railways, consumer durables, food processing and dairy, housing, and pharmaceutical industries. The company also exports its products. Panchmahal Steel Limited was incorporated in 1972 and is based in Vadodara, India.

513 Employees
Last Reported Date: 09/1/15
Founded in 1972

panchmahal steels ltd (513511) Top Compensated Officers

Chairman, Managing Director and Member of Nom...
Total Annual Compensation: 10.2M
Chief Financial Officer
Total Annual Compensation: 1.3M
Director of Operations, Non-Independent Execu...
Total Annual Compensation: 2.9M
General Manager of Legal, Compliance Officer ...
Total Annual Compensation: 780.0K
Director of Marketing, Non-Independent Execut...
Total Annual Compensation: 2.5M
Compensation as of Fiscal Year 2015.

panchmahal steels ltd (513511) Key Developments

Panchmahal Steels, Ltd. Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2015

Panchmahal Steels, Ltd. announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported income from operations net of excise duty of INR 889.382 million compared to INR 1,039.567 million reported a year ago. Loss from operations before other income and finance cost was INR 14.045 million compared to profit of INR 27.843 million reported a year ago. Loss from ordinary activities before tax was INR 35.737 million compared to profit of INR 3.908 million reported a year ago. Net loss was INR 25.629 million or INR 1.343 per basic and diluted share not annualized compared to profit of INR 5.203 million or INR 0.273 per basic and diluted share not annualized reported a year ago. For the six months, the company reported income from operations net of excise duty of INR 1,710.246 million compared to INR 2,069.629 million reported a year ago. Loss from operations before other income and finance cost was INR 44.505 million compared to profit of INR 89.890 million reported a year ago. Loss from ordinary activities before tax was INR 93.684 million compared to profit of INR 43.267 million reported a year ago. Net loss was INR 63.531 million or INR 3.330 per basic and diluted share not annualized compared to profit of INR 31.779 million or INR 1.666 per basic and diluted share not annualized reported a year ago.

Panchmahal Steels, Ltd. to Report Q2, 2016 Results on Nov 06, 2015

Panchmahal Steels, Ltd. announced that they will report Q2, 2016 results on Nov 06, 2015

Panchmahal Steels, Ltd., Board Meeting, Nov 06, 2015

Panchmahal Steels, Ltd., Board Meeting, Nov 06, 2015. Agenda: To consider and take on record the unaudited financial results of the company for the half year and quarter period ended September 30, 2015.

 

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