Panchmahal Steel Credit Rating

Panchmahal Steel Q2 FY27 Results: Net Profit ₹5 Cr, Up 733.3% YoY

Panchmahal Steel Ltd's board approved unaudited results for the quarter and half year ended September 30, 2026. The half-year revenue from operations was Rs 20,071.69 lakhs, with profit before tax of Rs 1,244.15 lakhs.

Key figure

Net profit ₹5 Cr · +733.3% YoY

Panchmahal Steel Board Meeting Date

Panchmahal Steel Limited will hold a board meeting on October 31, 2026, to consider and approve its standalone financial results for the half-year ended September 2026.

Panchmahal Steel Bags ₹25.25 Cr Order from Bharat Heavy Electricals Limited

Panchmahal Steel Limited has received a purchase order from Bharat Heavy Electricals Limited (BHEL) for the supply of SS wires. The contract is valued at Rs. 25.25 Crore.

Value

₹25.25 Cr

From

Bharat Heavy Electricals Limited (BHEL)

Execution

As per the Delivery Schedule mentioned in the Purchase Order dtd. 15.10.2026

Panchmahal Steel Other Announcement

Panchmahal Steel Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026. This filing is a routine regulatory compliance disclosure.

Panchmahal Steel Legal & Regulatory

Panchmahal Steel Limited has filed an appeal before the Goods and Services Tax Appellate Tribunal, Ahmedabad, regarding two GST order-in-appeals.

Panchmahal Steel Annual General Meeting

Panchmahal Steel Limited conducted its 53rd Annual General Meeting on September 25, 2026. Shareholders approved financial statements, director re-appointments, and cost auditor remuneration via ordinary and special resolutions.

Subros Credit Rating

ICRA assigned or reaffirmed Subros's bank facility ratings, with total rated facilities rising from Rs.305 Crore to Rs.370 Crore. The long-term term loan rating is [ICRA]AA (Stable), raised to Rs.140 Crore from Rs.40 Crore.

Capital India Finance Credit Rating

Capital India Finance received a new ACUITE A- long-term rating with Stable outlook for its proposed NCDs. Acuite assigned it on 2 November 2026.

Deccan Cements Credit Rating

Infomerics withdrew its rating on Deccan Cements' proposed NCD issue after the proposal was dropped. The earlier August 2026 action was a downgrade to IVR BB+/Negative.

Oriental Rail Infrastructure Credit Rating

Oriental Rail Infrastructure received an India Ratings assignment of IND BBB+/Stable on its Rs.35 Crore bank loan facilities. The rating reflects the company's current creditworthiness.

Nureca Credit Rating

CRISIL assigned Nureca Limited ratings of BB+/Stable (long-term) and A4+ (short-term) on bank facilities totalling Rs.80 Crore. The outlook is Stable.

Shreeji Global FMCG Credit Rating

Infomerics affirmed Shreeji Global FMCG's ratings at IVR BBB/Stable (long-term) and IVR A3+ (short-term). Rated bank facilities were revised upward, per the enclosed rating letter.