WEBSITE BSE:524820 NSE: PANAMA PETRO Inc. Year: 1982 Industry: Lubricants
Last updated: 10:54
Panama Petrochem Limited is a holding organization. The Company is a producer and exporter of various kinds of petroleum speciality products. Its geographical segments consist of within India and outside India. The Company's products comprises Mineral Oils, Liquid Paraffins, Transformer Oils, Petroleum Jellies, Ink Oils and different Petroleum Speciality Products. It offers drilling fluids in various categories, together with Pan Emul S, Pan Emul P, Pan Sulphalt and Pan Drill. The Company also offers products, which includes waxes, along with s...Read More
Panama Petrochem Limited is a holding organization. The Company is a producer and exporter of various kinds of petroleum speciality products. Its geographical segments consist of within India and outside India. The Company's products comprises Mineral Oils, Liquid Paraffins, Transformer Oils, Petroleum Jellies, Ink Oils and different Petroleum Speciality Products. It offers drilling fluids in various categories, together with Pan Emul S, Pan Emul P, Pan Sulphalt and Pan Drill. The Company also offers products, which includes waxes, along with slack wax, micro wax and others. The Company provides its merchandise to various industries, which include printing inks and resins, cosmetics, cables, rubber, pharma, engineering, chemical compounds, power and other business purposes. The Company's products are exported to about forty international locations throughout the globe. Its production facilities are placed in Ankleshwar (Gujarat), Daman (Union Territory), Taloja (Raigadh, Maharashtra) and Dahej (Bharuch, Gujarat). ...Read Less
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Market Cap ₹1853 Cr.
Stock P/E 9.9
P/B 1.4
Current Price ₹306.3
Book Value ₹ 221.6
Face Value 2
52W High ₹411.2
Dividend Yield 1.63%
52W Low ₹ 263.9
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 530 | 574 | 512 | 741 | 671 | 699 | 728 | 695 | 693 | 773 |
| Other Income | 5 | 4 | 2 | 3 | 2 | 3 | 4 | 4 | 4 | 3 |
| Total Income | 535 | 578 | 514 | 744 | 673 | 702 | 732 | 699 | 697 | 776 |
| Total Expenditure | 471 | 513 | 456 | 663 | 605 | 641 | 665 | 636 | 638 | 705 |
| Operating Profit | 64 | 65 | 58 | 82 | 68 | 61 | 67 | 63 | 59 | 72 |
| Interest | 4 | 4 | 4 | 5 | 4 | 6 | 4 | 5 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 3 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 57 | 58 | 52 | 74 | 61 | 53 | 59 | 55 | 53 | 65 |
| Provision for Tax | 11 | 11 | 10 | 13 | 11 | 8 | 10 | 11 | 10 | 12 |
| Profit After Tax | 46 | 47 | 41 | 61 | 50 | 44 | 49 | 44 | 43 | 53 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 46 | 47 | 41 | 61 | 50 | 44 | 49 | 44 | 43 | 53 |
| Adjusted Earnings Per Share | 7.6 | 7.8 | 6.8 | 10.1 | 8.3 | 7.3 | 8 | 7.3 | 7 | 8.8 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 805 | 752 | 834 | 1326 | 1269 | 1003 | 1447 | 2132 | 2249 | 2357 | 2793 | 2889 |
| Other Income | 1 | 2 | 4 | 2 | 3 | 4 | 6 | 6 | 7 | 14 | 12 | 15 |
| Total Income | 806 | 754 | 838 | 1328 | 1272 | 1006 | 1453 | 2138 | 2256 | 2371 | 2805 | 2904 |
| Total Expenditure | 773 | 704 | 759 | 1219 | 1169 | 950 | 1257 | 1836 | 1940 | 2103 | 2546 | 2644 |
| Operating Profit | 33 | 50 | 79 | 109 | 103 | 57 | 196 | 302 | 316 | 269 | 259 | 261 |
| Interest | 8 | 8 | 9 | 14 | 25 | 17 | 9 | 7 | 12 | 18 | 18 | 15 |
| Depreciation | 3 | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 9 | 10 | 12 | 13 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 22 | 37 | 66 | 90 | 72 | 32 | 180 | 286 | 295 | 241 | 228 | 232 |
| Provision for Tax | 4 | 12 | 22 | 29 | 20 | 3 | 44 | 56 | 62 | 46 | 41 | 43 |
| Profit After Tax | 18 | 25 | 44 | 61 | 52 | 29 | 135 | 230 | 233 | 195 | 187 | 189 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 18 | 25 | 44 | 61 | 52 | 29 | 135 | 230 | 233 | 195 | 187 | 189 |
| Adjusted Earnings Per Share | 2.9 | 4.2 | 7.2 | 10.1 | 8.6 | 4.8 | 22.4 | 38.1 | 38.5 | 32.3 | 30.9 | 31.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 18% | 9% | 23% | 13% |
| Operating Profit CAGR | -4% | -5% | 35% | 23% |
| PAT CAGR | -4% | -7% | 45% | 26% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -12% | 0% | 19% | 22% |
| ROE Average | 16% | 21% | 25% | 18% |
| ROCE Average | 21% | 27% | 31% | 24% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 249 | 272 | 313 | 372 | 414 | 433 | 561 | 768 | 952 | 1103 | 1255 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3 | 4 | 7 | 8 | 10 | 9 | 10 | 9 | 11 | 14 | 43 |
| Total Current Liabilities | 256 | 232 | 381 | 658 | 563 | 388 | 515 | 608 | 459 | 468 | 294 |
| Total Liabilities | 508 | 509 | 701 | 1038 | 987 | 829 | 1087 | 1386 | 1422 | 1584 | 1592 |
| Fixed Assets | 119 | 123 | 125 | 128 | 146 | 162 | 175 | 214 | 232 | 265 | 284 |
| Other Non-Current Assets | 7 | 12 | 22 | 32 | 31 | 29 | 33 | 28 | 35 | 28 | 71 |
| Total Current Assets | 383 | 374 | 554 | 878 | 810 | 638 | 878 | 1144 | 1155 | 1291 | 1237 |
| Total Assets | 508 | 509 | 701 | 1038 | 987 | 829 | 1087 | 1386 | 1422 | 1584 | 1592 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 22 | 8 | 12 | 13 | 27 | 7 | 30 | 70 | 62 | 97 | 95 |
| Cash Flow from Operating Activities | -12 | 18 | 59 | 34 | -78 | 179 | 56 | 170 | 210 | -28 | 162 |
| Cash Flow from Investing Activities | -14 | -12 | -21 | -14 | -22 | -21 | -14 | -111 | -79 | 67 | -12 |
| Cash Flow from Financing Activities | 11 | -2 | -36 | -6 | 81 | -136 | -1 | -67 | -96 | -40 | -78 |
| Net Cash Inflow / Outflow | -14 | 4 | 2 | 13 | -19 | 21 | 40 | -8 | 35 | -2 | 72 |
| Closing Cash & Cash Equivalent | 8 | 12 | 13 | 27 | 7 | 30 | 70 | 62 | 97 | 95 | 167 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 2.93 | 4.16 | 7.24 | 10.08 | 8.58 | 4.76 | 22.37 | 38.07 | 38.51 | 32.26 | 30.91 |
| CEPS(Rs) | 3.49 | 4.92 | 8.05 | 10.95 | 9.56 | 5.96 | 23.63 | 39.46 | 40.07 | 33.88 | 32.96 |
| DPS(Rs) | 2 | 0.5 | 1 | 1.2 | 1.2 | 1.2 | 2 | 8 | 8 | 7 | 5 |
| Book NAV/Share(Rs) | 41.18 | 45.03 | 51.71 | 61.42 | 68.4 | 71.58 | 92.73 | 126.98 | 157.37 | 182.27 | 207.44 |
| Core EBITDA Margin(%) | 3.67 | 5.9 | 8.34 | 8 | 7.87 | 5.31 | 13.11 | 13.88 | 13.73 | 10.78 | 8.83 |
| EBIT Margin(%) | 3.41 | 5.56 | 8.25 | 7.72 | 7.62 | 4.95 | 13.02 | 13.76 | 13.61 | 10.98 | 8.83 |
| Pre Tax Margin(%) | 2.49 | 4.53 | 7.3 | 6.7 | 5.64 | 3.21 | 12.41 | 13.42 | 13.1 | 10.22 | 8.18 |
| PAT Margin (%) | 2.04 | 3.11 | 4.87 | 4.53 | 4.09 | 2.87 | 9.35 | 10.8 | 10.36 | 8.28 | 6.7 |
| Cash Profit Margin (%) | 2.44 | 3.68 | 5.41 | 4.92 | 4.55 | 3.59 | 9.88 | 11.2 | 10.78 | 8.7 | 7.14 |
| ROA(%) | 3.6 | 4.95 | 7.25 | 7.02 | 5.13 | 3.17 | 14.13 | 18.63 | 16.59 | 12.98 | 11.78 |
| ROE(%) | 7.26 | 9.65 | 14.97 | 17.82 | 13.21 | 6.8 | 27.23 | 34.66 | 27.09 | 18.99 | 15.87 |
| ROCE(%) | 10.82 | 14.49 | 21.99 | 27.27 | 19.53 | 9.39 | 33.99 | 41.19 | 34.98 | 24.87 | 20.67 |
| Receivable days | 71.63 | 73.89 | 68.22 | 62.77 | 85.42 | 102.82 | 72.43 | 54.83 | 54.08 | 58.45 | 59.42 |
| Inventory Days | 62.75 | 74.93 | 94.76 | 101.33 | 119.14 | 116.03 | 78.07 | 73.23 | 66.11 | 63.15 | 58.86 |
| Payable days | 97.28 | 98.55 | 121.94 | 136.59 | 148.21 | 124.94 | 97.93 | 84.56 | 72.59 | 47.62 | 36.01 |
| PER(x) | 13.37 | 10.2 | 13.47 | 18.85 | 15.15 | 6.32 | 6.5 | 6.96 | 7.57 | 10.26 | 12.31 |
| Price/Book(x) | 0.95 | 0.94 | 1.89 | 3.09 | 1.9 | 0.42 | 1.57 | 2.09 | 1.85 | 1.82 | 1.84 |
| Dividend Yield(%) | 3.41 | 0.79 | 0.68 | 0.63 | 0.92 | 3.99 | 1.38 | 3.02 | 2.74 | 2.12 | 1.31 |
| EV/Net Sales(x) | 0.33 | 0.4 | 0.72 | 0.87 | 0.73 | 0.19 | 0.6 | 0.7 | 0.69 | 0.8 | 0.76 |
| EV/Core EBITDA(x) | 8.08 | 6.03 | 7.58 | 10.62 | 9.06 | 3.35 | 4.44 | 4.95 | 4.89 | 7.05 | 8.2 |
| Net Sales Growth(%) | 26.82 | -6.65 | 10.88 | 59.12 | -4.29 | -21 | 44.3 | 47.37 | 5.46 | 4.8 | 18.51 |
| EBIT Growth(%) | 0.8 | 52.12 | 65.05 | 39.97 | -6.93 | -48.73 | 280.05 | 55.64 | 4.36 | -15.48 | -4.71 |
| PAT Growth(%) | -3.72 | 42.01 | 74.13 | 39.21 | -14.91 | -44.53 | 370.34 | 70.18 | 1.14 | -16.23 | -4.16 |
| EPS Growth(%) | -3.72 | 42.01 | 74.13 | 39.21 | -14.91 | -44.53 | 370.35 | 70.16 | 1.14 | -16.23 | -4.16 |
| Debt/Equity(x) | 0.17 | 0.21 | 0.1 | 0.12 | 0.39 | 0.11 | 0.12 | 0.04 | 0 | 0.02 | 0 |
| Current Ratio(x) | 1.49 | 1.61 | 1.45 | 1.33 | 1.44 | 1.65 | 1.7 | 1.88 | 2.52 | 2.76 | 4.21 |
| Quick Ratio(x) | 0.84 | 0.9 | 0.66 | 0.66 | 0.76 | 0.99 | 1 | 1.07 | 1.81 | 1.71 | 2.82 |
| Interest Cover(x) | 3.69 | 5.4 | 8.65 | 7.55 | 3.84 | 2.84 | 21.07 | 41.55 | 26.46 | 14.41 | 13.58 |
| Total Debt/Mcap(x) | 0.18 | 0.22 | 0.06 | 0.04 | 0.2 | 0.27 | 0.07 | 0.02 | 0 | 0.01 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 59.52 | 60.98 | 61.94 | 61.94 | 61.94 | 61.94 | 61.94 | 62.22 | 62.52 | 63.16 |
| FII | 5.01 | 7.54 | 9.44 | 14.88 | 14.71 | 15.77 | 12.44 | 12.07 | 12.03 | 11.29 |
| DII | 0.03 | 0.01 | 0.01 | 0.26 | 0.06 | 0.05 | 0.29 | 0.35 | 0.47 | 0.67 |
| Public | 21.38 | 22.08 | 22.69 | 22.92 | 23.29 | 22.24 | 25.32 | 25.36 | 24.98 | 24.87 |
| Others | 14.05 | 9.4 | 5.91 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 3.6 | 3.69 | 3.75 | 3.75 | 3.75 | 3.75 | 3.75 | 3.76 | 3.78 | 3.82 |
| FII | 0.3 | 0.46 | 0.57 | 0.9 | 0.89 | 0.95 | 0.75 | 0.73 | 0.73 | 0.68 |
| DII | 0 | 0 | 0 | 0.02 | 0 | 0 | 0.02 | 0.02 | 0.03 | 0.04 |
| Public | 1.29 | 1.34 | 1.37 | 1.39 | 1.41 | 1.35 | 1.53 | 1.53 | 1.51 | 1.5 |
| Others | 0.85 | 0.57 | 0.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 |
* The pros and cons are machine generated.
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