Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.20 | 13.02 | 12.49 | 14.77 | 13.29 | 13.25 | 12.69 | 15.88 | 17.12 | 11.56 | 10.18 | 11.10 |
| Expenses | 9.54 | 8.91 | 8.73 | 9.49 | 9.35 | 9.37 | 8.93 | 10.38 | 10.60 | 8.66 | 6.96 | 8.51 |
| Operating Profit | 3.66 | 4.11 | 3.76 | 5.28 | 3.94 | 3.88 | 3.76 | 5.50 | 6.52 | 2.90 | 3.22 | 2.59 |
| OPM % | 27.73% | 31.57% | 30.10% | 35.75% | 29.65% | 29.28% | 29.63% | 34.63% | 38.08% | 25.09% | 31.63% | 23.33% |
| Other Income | 2.57 | 2.57 | 2.76 | 2.90 | 2.94 | 3.01 | 2.93 | 3.13 | 3.36 | 3.11 | 3.15 | 3.26 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.18 | 0.18 | 0.19 | 0.16 | 0.16 | 0.18 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.14 |
| Profit before tax | 6.05 | 6.50 | 6.33 | 8.02 | 6.72 | 6.71 | 6.52 | 8.46 | 9.70 | 5.83 | 6.19 | 5.71 |
| Tax % | 25.29% | 26.00% | 26.54% | 25.31% | 25.89% | 25.63% | 25.31% | 25.53% | 38.97% | 23.67% | 26.33% | 25.39% |
| Net Profit | 4.52 | 4.81 | 4.65 | 5.99 | 4.98 | 4.99 | 4.88 | 6.30 | 5.92 | 4.45 | 4.56 | 4.26 |
| EPS in Rs | 9.42 | 10.02 | 9.69 | 12.48 | 10.38 | 10.40 | 10.17 | 13.12 | 12.33 | 9.27 | 9.50 | 8.88 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49 | 49 | 44 | 45 | 45 | 49 | 50 | 50 | 51 | 54 | 55 | 50 |
| Expenses | 34 | 31 | 32 | 34 | 30 | 30 | 35 | 39 | 36 | 37 | 37 | 35 |
| Operating Profit | 15 | 18 | 12 | 11 | 15 | 19 | 15 | 11 | 15 | 17 | 18 | 15 |
| OPM % | 32% | 36% | 28% | 25% | 34% | 38% | 30% | 22% | 30% | 31% | 33% | 30% |
| Other Income | 6 | 7 | 7 | 8 | 8 | 8 | 7 | 7 | 10 | 12 | 13 | 13 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 21 | 25 | 18 | 18 | 23 | 25 | 20 | 18 | 25 | 28 | 30 | 27 |
| Tax % | 35% | 34% | 30% | 30% | 25% | 26% | 25% | 27% | 26% | 26% | 30% | |
| Net Profit | 13 | 16 | 12 | 12 | 17 | 19 | 15 | 13 | 19 | 21 | 21 | 19 |
| EPS in Rs | 28.04 | 33.52 | 25.62 | 25.62 | 35.31 | 39.38 | 31.98 | 26.73 | 38.73 | 43.40 | 44.25 | 39.98 |
| Dividend Payout % | 36% | 30% | 39% | 39% | 28% | 30% | 38% | 45% | 31% | 28% | 27% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 1% | 2% | 3% | -9% | ||
| Compounded Profit Growth | 5% | 2% | 18% | -9% | ||
| Stock Price CAGR | -2% | -5% | -4% | -19% | ||
| Return on Equity | 13% | 12% | 12% | 12% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 61 | 69 | 85 | 91 | 98 | 109 | 123 | 132 | 139 | 152 | 167 | 183 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 11 | 12 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 6 |
| Total Liabilities | 77 | 86 | 97 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 | 194 |
| Fixed Assets | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 6 | 5 | 5 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 74 | 83 | 87 | 93 | 101 | 112 | 128 | 137 | 144 | 158 | 173 | 189 |
| Total Assets | 77 | 86 | 97 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 | 194 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | 8 | 10 | 9 | 8 | 10 | 12 | 8 | 9 | 2 | 8 | 11 |
| Cash from Investing Activity | 5 | 5 | -4 | -4 | -2 | -4 | -7 | -2 | -5 | 3 | -1 | -6 |
| Cash from Financing Activity | -4 | -5 | -6 | -6 | -6 | -6 | -5 | -6 | -6 | -6 | -6 | -6 |
| Net Cash Flow | 5 | 9 | 1 | -1 | 0 | -1 | 0 | 1 | -1 | -0 | 1 | -1 |
| Free Cash Flow | 3 | 8 | 3 | 8 | 8 | 10 | 12 | 8 | 9 | 2 | 8 | 11 |
| CFO/OP | 92% | 99% | 103% | 114% | 117% | 100% | 100% | 90% | 132% | 57% | 91% | 104% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35 | 24 | 27 | 22 | 26 | 27 | 36 | 38 | 21 | 27 | 33 | 30 |
| Inventory Days | 64 | 63 | 61 | 91 | 58 | 77 | 74 | 63 | 51 | 56 | 85 | 98 |
| Days Payable | 98 | 76 | 108 | 100 | 85 | 71 | 102 | 60 | 41 | 68 | 69 | 49 |
| Cash Conversion Cycle | 1 | 10 | -19 | 13 | -1 | 33 | 7 | 41 | 31 | 14 | 48 | 79 |
| Working Capital Days | -16 | -22 | 22 | 17 | 9 | 17 | 20 | 931 | 662 | 916 | 1,011 | 1,014 |
| ROCE % | 22% | 30% | 28% | 19% | 18% | 21% | 21% | 15% | 12% | 17% | 17% | 17% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% | 63.27% |
| Public | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.73% | 36.72% | 36.73% |
| No. of Shareholders | 10,383 | 10,137 | 9,980 | 10,763 | 10,717 | 10,873 | 10,838 | 11,321 | 11,229 | 10,976 | 10,672 | 11,051 |
Fundamentals
Market Cap₹ 190 Cr.
Current Price₹ 396
Stock P/E9.90
Book Value₹ 391
ROCE16.8 %
ROE11.8 %
Dividend Yield3.03 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-9%
Compounded Profit Growth (TTM)-9%
Standalone figures.
Valuation
Market capRs 189 Cr
Enterprise valueRs 187 Cr
P/E (TTM)9.84x
Price to book1.01x
Price to sales3.78x
EV / EBITDA6.66x
EV / EBIT6.83x
EV / sales3.75x
Price to cash flow17.18x
Earnings yield10.16%
Dividend yield3.05%
P/E, 3-year average10.58x
P/B, 3-year average1.25x
P/E, 5-year average11.38x
P/B, 5-year average1.25x
Profitability
Operating margin (excl. other income)33.19%
Operating margin (incl. other income)56.49%
EBITDA margin56.30%
Pre-tax margin54.90%
Net profit margin38.41%
Net margin, latest quarter38.38%
ROE11.81%
ROCE16.80%
ROA11.45%
ROE, 3-year average12.28%
ROCE, 3-year average16.83%
ROA, 3-year average11.88%
ROE, 5-year average11.52%
ROCE, 5-year average15.68%
ROA, 5-year average11.11%
ROIC (approx.)10.37%
Tax rate29.65%
Other income / net worth6.79%
Growth
Sales growth (latest year)1.37%
Profit growth (latest year)1.97%
Sales CAGR, 3 years2.98%
Sales CAGR, 5 years2.28%
Profit CAGR, 3 years18.30%
Profit CAGR, 5 years2.36%
Sales growth QoQ9.04%
Profit growth QoQ-6.58%
Sales growth YoY (latest quarter)-30.10%
Profit growth YoY (latest quarter)-32.38%
Per share
EPS (TTM)Rs 39.98
EPS (latest year)Rs 44.25
EPS (latest quarter)Rs 8.88
EPS, 3-year averageRs 42.12
EPS, 5-year averageRs 37.02
Book value per shareRs 391.00
Sales per shareRs 104.08
Cash flow per shareRs 22.90
Free cash flow per shareRs 22.92
Dividend per share (latest year)Rs 12.00
Dividend per share, 3-year averageRs 12.00
Dividend per share, 5-year averageRs 12.00
Dividends
Dividend payout27.12%
Dividend payout, 3-year average28.59%
Dividend payout, 5-year average33.63%
Efficiency
Asset turnover0.28x
Fixed asset turnover12.85x
Inventory turnover5.87x
Inventory days62 days
Debtor days30 days
Debtors turnover12.08x
Creditor days49 days
Cash conversion cycle79 days
Working capital days1014 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.05x
Interest coverage1372.50x
Owners' fund to total sources96.96%
Cash flow
Cash from Operating Activity (latest year)Rs 11 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 11 Cr
Cash from ops / profit, 5 years0.43x
Sales to cash flow4.98x
Statement figures
Net sales (TTM)Rs 50 Cr
Net sales (latest year)Rs 55 Cr
Sales (latest quarter)Rs 11 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 28 Cr
PBDT (TTM)Rs 28 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 19 Cr
Net profit (latest year)Rs 21 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 22 Cr
Total expenditure (latest year)Rs 37 Cr
Total income (latest year)Rs 67 Cr
Share capitalRs 5 Cr
ReservesRs 183 Cr
Shareholders' fundsRs 188 Cr
Total assetsRs 194 Cr
Net blockRs 4 Cr
ReceivablesRs 5 Cr
InventoryRs 4 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)0.48
Ownership
Promoter holding63.27% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.8 is at the 2th percentile of its own 9.4-year range
(median 12.5, low 9.4, high 21.7).
P/B 1.01 is the lowest in 9.4 years (median 1.58).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 508941 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.1% | -2.8% | -0.4 pts |
| 1 month | -8.0% | -6.8% | -1.2 pts |
| 3 months | -16.3% | -7.6% | -8.7 pts |
| 3 years | -12.3% | +14.2% | -26.5 pts |
| 5 years | -24.1% | +27.9% | -52.0 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 35% of net profit over the last 3 years |
| look | Profit leans on other income Other income was 42% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹11 Cr -30.1% vs Jun 2025.
Net profit ₹4 Cr -32.4%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Panasonic Carbon India Company Ltd?
Panasonic Carbon India Company Ltd (508941) has a market capitalisation of Rs 190 Cr. at the 2026-10-01 close.
What is the P/E ratio of Panasonic Carbon India Company Ltd?
Panasonic Carbon India Company Ltd trades at a P/E of 9.90 on trailing twelve-month profit, at the 2026-10-01 close.
What were Panasonic Carbon India Company Ltd's latest quarterly results?
In the Jun 2026 quarter, Panasonic Carbon India Company Ltd sales was Rs 11 Cr (-30.1% vs Jun 2025) and net profit was Rs 4 Cr.