Price
Financials
Consolidated, 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 | 574 | 512 | 741 | 671 | 699 | 728 | 695 | 693 | 773 | 775 | 823 | 1,735 |
| Expenses | 513 | 456 | 664 | 605 | 641 | 665 | 636 | 638 | 705 | 714 | 731 | 1,347 |
| Operating Profit | 61 | 56 | 77 | 66 | 58 | 63 | 59 | 55 | 69 | 61 | 91 | 388 |
| OPM % | 11% | 11% | 10% | 10% | 8% | 9% | 9% | 8% | 9% | 8% | 11% | 22% |
| Other Income | 4 | 2 | 5 | 2 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 4 |
| Interest | 4 | 4 | 5 | 4 | 6 | 4 | 5 | 3 | 3 | 2 | 3 | 6 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 58 | 52 | 74 | 61 | 53 | 59 | 55 | 53 | 65 | 58 | 88 | 383 |
| Tax % | 20% | 20% | 17% | 18% | 16% | 18% | 20% | 19% | 18% | 21% | 19% | 19% |
| Net Profit | 47 | 41 | 61 | 50 | 44 | 48 | 44 | 43 | 53 | 46 | 71 | 309 |
| EPS in Rs | 7.76 | 6.84 | 10.08 | 8.29 | 7.29 | 8.02 | 7.32 | 7.05 | 8.76 | 7.57 | 11.75 | 51.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 752 | 834 | 1,326 | 1,269 | 1,003 | 1,447 | 2,132 | 2,249 | 2,357 | 2,793 | 3,064 | 4,106 |
| Expenses | 704 | 759 | 1,219 | 1,169 | 950 | 1,257 | 1,836 | 1,940 | 2,103 | 2,546 | 2,789 | 3,498 |
| Operating Profit | 48 | 75 | 108 | 100 | 53 | 190 | 296 | 309 | 254 | 247 | 276 | 609 |
| OPM % | 6% | 9% | 8% | 8% | 5% | 13% | 14% | 14% | 11% | 9% | 9% | 15% |
| Other Income | 2 | 4 | 2 | 3 | 4 | 6 | 6 | 7 | 14 | 12 | 13 | 13 |
| Interest | 8 | 9 | 14 | 25 | 17 | 9 | 7 | 12 | 18 | 18 | 12 | 14 |
| Depreciation | 5 | 5 | 5 | 6 | 7 | 8 | 8 | 9 | 10 | 12 | 14 | 14 |
| Profit before tax | 37 | 66 | 90 | 72 | 32 | 180 | 286 | 295 | 241 | 228 | 263 | 593 |
| Tax % | 31% | 33% | 32% | 27% | 10% | 25% | 20% | 21% | 19% | 18% | 19% | |
| Net Profit | 25 | 44 | 61 | 52 | 29 | 135 | 230 | 233 | 195 | 187 | 212 | 479 |
| EPS in Rs | 4.16 | 7.24 | 10.08 | 8.58 | 4.76 | 22.37 | 38.08 | 38.51 | 32.26 | 30.92 | 35.13 | 79.14 |
| Dividend Payout % | 8% | 9% | 12% | 14% | 25% | 9% | 21% | 21% | 22% | 10% | 9% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 15% | 16% | 11% | 46% | ||
| Compounded Profit Growth | 24% | 9% | -3% | 167% | ||
| Stock Price CAGR | 26% | 13% | 16% | 69% | ||
| Return on Equity | 20% | 21% | 17% | 16% |
| 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 | 8 | 8 | 8 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 241 | 264 | 305 | 359 | 402 | 421 | 549 | 756 | 940 | 1,091 | 1,243 | 1,457 |
| Borrowings | 42 | 57 | 33 | 45 | 160 | 51 | 66 | 30 | 0 | 26 | 33 | 111 |
| Other Liabilities | 207 | 162 | 323 | 559 | 346 | 273 | 366 | 455 | 282 | 281 | 236 | 339 |
| Total Liabilities | 498 | 492 | 669 | 976 | 919 | 757 | 993 | 1,253 | 1,235 | 1,409 | 1,524 | 1,919 |
| Fixed Assets | 119 | 123 | 125 | 134 | 156 | 173 | 185 | 230 | 248 | 287 | 312 | 321 |
| CWIP | 0 | 0 | 4 | 14 | 11 | 17 | 22 | 5 | 13 | 1 | 19 | 48 |
| Investments | 0 | 2 | 1 | 0 | 0 | 0 | 0 | 5 | 4 | 2 | 19 | 49 |
| Other Assets | 379 | 366 | 538 | 828 | 752 | 567 | 785 | 1,013 | 970 | 1,120 | 1,174 | 1,501 |
| Total Assets | 498 | 492 | 669 | 976 | 919 | 757 | 993 | 1,253 | 1,235 | 1,409 | 1,524 | 1,919 |
| 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 | -12 | 18 | 59 | 34 | -78 | 179 | 56 | 170 | 210 | -28 | 162 | -69 |
| Cash from Investing Activity | -13 | -12 | -21 | -14 | -22 | -20 | -15 | -111 | -79 | 66 | -12 | -71 |
| Cash from Financing Activity | 11 | -2 | -36 | -6 | 81 | -136 | -1 | -67 | -96 | -40 | -78 | 45 |
| Net Cash Flow | -14 | 4 | 2 | 14 | -19 | 23 | 40 | -9 | 35 | -2 | 72 | -96 |
| Free Cash Flow | -25 | 7 | 41 | 15 | -101 | 159 | 31 | 140 | 175 | -63 | 135 | -124 |
| CFO/OP | -25% | 56% | 104% | 59% | -58% | 348% | 50% | 78% | 88% | 7% | 82% | -9% |
| 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 | 79 | 75 | 80 | 77 | 90 | 91 | 82 | 54 | 57 | 63 | 66 | 68 |
| Inventory Days | 86 | 93 | 161 | 145 | 134 | 111 | 122 | 108 | 68 | 93 | 65 | 97 |
| Days Payable | 97 | 85 | 164 | 173 | 110 | 112 | 110 | 94 | 55 | 46 | 33 | 43 |
| Cash Conversion Cycle | 68 | 82 | 77 | 49 | 114 | 90 | 94 | 68 | 70 | 109 | 97 | 123 |
| Working Capital Days | 52 | 61 | 66 | 51 | 66 | 76 | 73 | 68 | 77 | 107 | 100 | 120 |
| ROCE % | 11% | 15% | 22% | 27% | 20% | 9% | 34% | 41% | 35% | 24% | 20% | 19% |
| 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 | 69.25% | 67.30% | 65.83% | 61.94% | 61.94% | 61.94% | 61.94% | 62.22% | 62.51% | 63.16% | 63.16% | 63.16% |
| FIIs | 5.83% | 8.31% | 10.03% | 14.88% | 14.71% | 15.77% | 12.44% | 12.07% | 12.02% | 11.29% | 11.28% | 11.72% |
| DIIs | 0.04% | 0.01% | 0.01% | 0.26% | 0.06% | 0.05% | 0.29% | 0.35% | 0.47% | 0.67% | 0.67% | 0.67% |
| Public | 24.89% | 24.36% | 24.10% | 22.92% | 23.28% | 22.24% | 25.32% | 25.36% | 24.99% | 24.86% | 24.88% | 24.44% |
| No. of Shareholders | 26,456 | 27,218 | 26,633 | 25,125 | 27,275 | 26,145 | 25,412 | 24,952 | 25,951 | 26,068 | 25,780 | 26,973 |
Fundamentals
Market Cap₹ 2,906 Cr.
Current Price₹ 480
Stock P/E6.07
Book Value₹ 243
ROCE19.2 %
ROE15.6 %
Dividend Yield0.62 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)46%
Compounded Profit Growth (TTM)167%
Consolidated figures.
Valuation
Market capRs 2,947 Cr
Enterprise valueRs 2,975 Cr
P/E (TTM)6.15x
Price to book2.01x
Price to sales0.72x
EV / EBITDA4.79x
EV / EBIT4.90x
EV / sales0.72x
Earnings yield16.25%
Dividend yield0.62%
P/E, 3-year average9.74x
P/B, 3-year average1.54x
P/E, 5-year average8.76x
P/B, 5-year average1.71x
Profitability
Operating margin (excl. other income)8.99%
Operating margin (incl. other income)9.41%
EBITDA margin15.13%
Pre-tax margin14.43%
Net profit margin11.66%
Net margin, latest quarter17.80%
ROE15.60%
ROCE19.15%
ROA12.35%
ROE, 3-year average16.82%
ROCE, 3-year average21.47%
ROA, 3-year average13.29%
ROE, 5-year average22.44%
ROCE, 5-year average28.11%
ROA, 5-year average15.82%
ROIC (approx.)32.82%
Tax rate19.06%
Other income / net worth0.87%
Growth
Sales growth (latest year)9.72%
Profit growth (latest year)13.62%
Sales CAGR, 3 years10.87%
Sales CAGR, 5 years16.19%
Profit CAGR, 3 years-3.02%
Profit CAGR, 5 years9.44%
Sales growth QoQ110.89%
Profit growth QoQ334.59%
Sales growth YoY (latest quarter)150.30%
Profit growth YoY (latest quarter)624.80%
Per share
EPS (TTM)Rs 79.15
EPS (latest year)Rs 35.13
EPS (latest quarter)Rs 51.06
EPS, 3-year averageRs 32.77
EPS, 5-year averageRs 34.98
Book value per shareRs 242.78
Sales per shareRs 678.78
Cash flow per shareRs -11.47
Free cash flow per shareRs -20.50
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 4.33
Dividend per share, 5-year averageRs 5.80
Dividends
Dividend payout8.54%
Dividend payout, 3-year average13.32%
Dividend payout, 5-year average16.35%
Efficiency
Asset turnover1.60x
Fixed asset turnover9.56x
Inventory turnover3.81x
Inventory days96 days
Debtor days68 days
Debtors turnover5.34x
Creditor days43 days
Cash conversion cycle123 days
Working capital days120 days
Leverage
Total debtRs 111 Cr
Cash and bankRs 82 Cr
Net debtRs 28 Cr
Debt to equity0.08x
Net debt / EBITDA0.05x
Interest coverage41.95x
Current ratio (filing 2026-03-31)3.69x
Quick ratio (filing 2026-03-31)2.04x
Trade payables (filing 2026-03-31)Rs 294 Cr
Owners' fund to total sources76.54%
Debt to assets5.78%
Cash flow
Cash from Operating Activity (latest year)Rs -69 Cr
Cash from Investing Activity (latest year)Rs -71 Cr
Cash from Financing Activity (latest year)Rs 45 Cr
Net Cash Flow (latest year)Rs -96 Cr
Free cash flow (latest year)Rs -124 Cr
FCFE (approx.: FCF + change in debt)Rs -46 Cr
Cash from ops / profit, 5 years0.42x
Statement figures
Net sales (TTM)Rs 4,106 Cr
Net sales (latest year)Rs 3,064 Cr
Sales (latest quarter)Rs 1,735 Cr
Operating profit excl. other income (latest year)Rs 276 Cr
Operating profit (latest quarter)Rs 388 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 621 Cr
PBDT (TTM)Rs 607 Cr
Profit before tax (TTM)Rs 593 Cr
Tax (latest year)Rs 50 Cr
Net profit (TTM)Rs 479 Cr
Net profit (latest year)Rs 212 Cr
Net profit (latest quarter)Rs 309 Cr
Depreciation (TTM)Rs 14 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 14 Cr
Cost of goods sold (latest year)Rs 2,545 Cr
Total expenditure (latest year)Rs 2,789 Cr
Total income (latest year)Rs 3,077 Cr
Share capitalRs 12 Cr
ReservesRs 1,457 Cr
Shareholders' fundsRs 1,469 Cr
Total assetsRs 1,919 Cr
Net blockRs 321 Cr
Capital work in progressRs 48 Cr
InvestmentsRs 49 Cr
ReceivablesRs 574 Cr
InventoryRs 669 Cr
Other liabilitiesRs 339 Cr
Shares outstanding (crore)6.05
Ownership
Promoter holding63.16% (+0.94 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 6.2 is at the 4th percentile of its own 9.4-year range
(median 10.7, low 3.3, high 46.3).
P/B 2.01 is at the 45th percentile (median 2.07).
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 | PANAMAPET | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.4% | -2.8% | +4.1 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | +14.5% | -7.6% | +22.1 pts |
| 6 months | +109.9% | +0.4% | +109.5 pts |
| 1 year | +70.5% | -9.9% | +80.4 pts |
| 2 years | +22.2% | -13.6% | +35.7 pts |
| 3 years | +57.9% | +14.2% | +43.7 pts |
| 5 years | +81.6% | +27.9% | +53.7 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was 11% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 15% of total assets in 2026 |
| look | Inventory outrunning sales Inventory grew 63% vs sales +10% 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 ₹1,735 Cr +150.4% vs Jun 2025.
Net profit ₹309 Cr +618.6%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Castrol India Ltd | 19,766 | 18.3 | 60.3 % |
| Gulf Oil Lubricants India Ltd | 5,482 | 13.8 | 27.2 % |
| Savita Oil Technologies Ltd | 4,921 | 11.5 | 14.0 % |
| Gandhar Oil Refinery (India) Ltd | 2,676 | 8.88 | 13.3 % |
| Veedol Corporation Ltd | 2,360 | 10.7 | 24.1 % |
| GP Petroleums Ltd | 314 | 7.22 | 10.8 % |
| Arabian Petroleum Ltd | 96 | 8.51 | 18.5 % |
| Greenhitech Ventures Ltd | 47 | 62.4 | 2.48 % |
| Sundrex Oil Company Ltd | 38 | 7.10 | 21.2 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-17 | Dividend - Rs 3 Per Share | |
| 2025-09-02 | Dividend - Rs 3 Per Share | |
| 2024-11-22 | Interim Dividend - Rs 2 Per Share | |
| 2024-08-22 | Annual General Meeting/Dividend - Rs 4 Per Share | |
| 2023-11-17 | Interim Dividend - Rs 3 Per Share | |
| 2023-08-22 | Annual General Meeting/Dividend - Rs 5 Per Sh | |
| 2022-11-23 | Interim Dividend - Rs 3 Per Share | |
| 2022-08-26 | Annual General Meeting/Dividend - Rs 6 Per Share | |
| 2021-11-25 | Interim Dividend - Rs 2 Per Share | |
| 2021-08-27 | Annual General Meeting/Dividend - Rs 2 Per Share | |
| 2020-08-31 | Annual General Meeting/Dividend - Rs 1.20 Per Share | |
| 2019-09-06 | Annual General Meeting/Dividend - Rs 1.20 Per Share | |
| 2018-08-14 | Annual General Meeting/Dividend- Rs 1.20 Per Share | |
| 2017-10-03 | Bonus 1:2 | 0.6667 |
| 2017-08-24 | Annual General Meeting/Dividend - Rs 1/- Per Share | |
| 2016-09-20 | Annual General Meeting/Dividend - Re 0.50 Per Share | |
| 2015-09-08 | Annual General Meeting/ Dividend - Rs 2/- Per Share | |
| 2014-09-19 | Face Value Split From Rs.10/- To Rs.2/- | 0.2000 |
| 2014-08-12 | Annual General Meeting / Dividend - Rs 6/- Per Share | |
| 2013-09-19 | Annual General Meeting / Final Dividend - Rs 4/- Per Share | |
| 2012-07-31 | Annual General Meeting And Dividend Rs.2/- Per Share | |
| 2011-11-24 | Interim Dividend Rs.3/- Per Share |
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.
| Order date | Forum | Case |
|---|---|---|
| 2019-02-21 | NCLT | Panama Petrochem Ltd. Vs Aryavart Chemicals Pvt. Ltd. |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months
Quick answers
What is the market cap of Panama Petrochem Ltd?
Panama Petrochem Ltd (PANAMAPET) has a market capitalisation of Rs 2,906 Cr. at the 2026-10-01 close.
What is the P/E ratio of Panama Petrochem Ltd?
Panama Petrochem Ltd trades at a P/E of 6.07 on trailing twelve-month profit, at the 2026-10-01 close.
What were Panama Petrochem Ltd's latest quarterly results?
In the Jun 2026 quarter, Panama Petrochem Ltd sales was Rs 1,735 Cr (+150.4% vs Jun 2025) and net profit was Rs 309 Cr.
What is the 52-week high and low of Panama Petrochem Ltd?
The 52-week high is Rs 599.60 and the 52-week low is Rs 229.00.