Panabyte Technologies Ltd
Incorporated in 1981, Panache Innovations Ltd is engaged in multi-product distribution viz., Consumer Electronic & Electrical Goods and IT Hardware & its peripherals and Sanitary products
- Market Cap ₹ 24.2 Cr.
- Current Price ₹ 55.2
- High / Low ₹ 55.2 / 14.2
- Stock P/E 73.4
- Book Value ₹ 9.18
- Dividend Yield 0.00 %
- ROCE 2.04 %
- ROE -6.99 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 6.01 times its book value
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -9.15%
- The company has delivered a poor sales growth of -14.7% over past five years.
- Promoter holding is low: 2.22%
- Company has a low return on equity of -3.25% over last 3 years.
- Company has high debtors of 317 days.
- Working capital days have increased from 321 days to 481 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.15 | 1.10 | 2.31 | 1.45 | 10.88 | 34.89 | 8.32 | 15.12 | 9.81 | 8.38 | 8.87 | 3.75 | 5.40 | |
0.12 | 1.02 | 2.42 | 1.40 | 10.73 | 34.64 | 8.43 | 15.25 | 9.95 | 8.31 | 8.83 | 3.73 | 4.85 | |
Operating Profit | 0.03 | 0.08 | -0.11 | 0.05 | 0.15 | 0.25 | -0.11 | -0.13 | -0.14 | 0.07 | 0.04 | 0.02 | 0.55 |
OPM % | 20.00% | 7.27% | -4.76% | 3.45% | 1.38% | 0.72% | -1.32% | -0.86% | -1.43% | 0.84% | 0.45% | 0.53% | 10.19% |
0.00 | 0.01 | 0.19 | 0.59 | 0.20 | 0.15 | 0.29 | 0.27 | 0.27 | 0.31 | -0.11 | -0.05 | -0.04 | |
Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.02 | 0.00 | 0.10 | 0.25 | 0.30 | 0.41 | 0.45 | 0.41 |
Depreciation | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.06 | 0.12 | 0.12 | 0.12 |
Profit before tax | 0.02 | 0.09 | 0.07 | 0.64 | 0.34 | 0.37 | 0.17 | 0.02 | -0.14 | 0.02 | -0.60 | -0.60 | -0.02 |
Tax % | 50.00% | 33.33% | 14.29% | 0.00% | 20.59% | 21.62% | 29.41% | -100.00% | -35.71% | 50.00% | -26.67% | -23.33% | |
0.01 | 0.06 | 0.06 | 0.64 | 0.28 | 0.29 | 0.13 | 0.04 | -0.10 | 0.01 | -0.45 | -0.46 | 0.06 | |
EPS in Rs | 0.42 | 0.14 | 0.14 | 1.46 | 0.64 | 0.66 | 0.30 | 0.09 | -0.23 | 0.02 | -1.03 | -1.05 | 0.14 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 78.39% | 75.69% | 84.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | -15% |
3 Years: | -27% |
TTM: | 69% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -25% |
TTM: | 154% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 38% |
1 Year: | 273% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -2% |
3 Years: | -3% |
Last Year: | -7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.24 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 | 4.39 |
Reserves | 0.06 | 0.12 | 0.18 | 0.81 | -0.84 | -0.84 | -0.83 | -0.97 | -1.05 | -1.03 | -1.44 | -1.90 | -0.36 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.96 | 2.38 | 2.71 | 3.36 | 2.97 | 3.42 | |
0.13 | 0.04 | 0.60 | 0.33 | 11.60 | 13.20 | 3.90 | 7.90 | 6.12 | 5.68 | 6.54 | 6.04 | 5.94 | |
Total Liabilities | 0.43 | 4.55 | 5.17 | 5.53 | 15.15 | 16.75 | 7.46 | 13.28 | 11.84 | 11.75 | 12.85 | 11.50 | 13.39 |
0.01 | 0.11 | 0.11 | 0.10 | 0.07 | 0.07 | 0.05 | 0.05 | 0.16 | 0.42 | 0.30 | 0.18 | 0.30 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.01 | 2.85 | 3.80 | 3.17 | 1.35 | 1.13 | 0.20 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.41 | 1.59 | 1.26 | 2.26 | 13.73 | 15.55 | 7.21 | 13.13 | 11.68 | 11.33 | 12.55 | 11.32 | 13.09 | |
Total Assets | 0.43 | 4.55 | 5.17 | 5.53 | 15.15 | 16.75 | 7.46 | 13.28 | 11.84 | 11.75 | 12.85 | 11.50 | 13.39 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.03 | -0.78 | 0.86 | -1.37 | -0.11 | 0.81 | -0.93 | -1.07 | -0.36 | -0.42 | -0.21 | 0.77 | |
-0.01 | -2.93 | -0.78 | 1.37 | 0.39 | -0.67 | 1.11 | -0.71 | 0.12 | 0.54 | -0.05 | 0.06 | |
0.00 | 4.10 | -0.24 | 0.06 | -0.53 | -0.19 | -0.18 | -0.05 | 0.04 | -0.07 | 0.23 | -0.87 | |
Net Cash Flow | 0.02 | 0.39 | -0.17 | 0.07 | -0.25 | -0.05 | 0.00 | -1.83 | -0.19 | 0.05 | -0.02 | -0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 48.67 | 9.95 | 4.74 | 90.62 | 294.21 | 128.99 | 172.41 | 159.57 | 168.92 | 187.29 | 188.06 | 317.31 |
Inventory Days | 0.00 | 36.50 | 15.64 | 29.59 | 123.37 | 14.60 | ||||||
Days Payable | 0.00 | 31.29 | 42.75 | 401.14 | 1,342.08 | |||||||
Cash Conversion Cycle | 48.67 | 46.45 | -10.90 | 77.47 | 16.45 | -1,198.49 | 172.41 | 159.57 | 168.92 | 187.29 | 188.06 | 317.31 |
Working Capital Days | 632.67 | 368.32 | 37.92 | 438.00 | 68.10 | 2.51 | 143.89 | 123.60 | 203.52 | 243.04 | 237.85 | 480.83 |
ROCE % | 6.78% | 3.74% | 0.88% | 2.87% | 7.77% | 11.27% | 4.78% | 3.58% | 1.62% | 5.43% | 2.26% | 2.04% |
Documents
Announcements
- Rectification Of Typographical Error And Submission Of Revised Financial Results For The Half Year And Quarter Ended 30Th September, 2024 14 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Publication of Newspaper Advertisement of Unaudited Financial Results for the Quarter ended September 30, 2024
-
Statement Of Deviation / Variation Under Regulation 32 Of The SEBI (Listing Obligations And Disclosure Requirement) Regulation, 2015
13 Nov - Statement confirming no deviation in fund utilization.
-
Intimation Pursuant To Regulation 31A Of The SEBI (LODR) Regulations, 2015, As Amended ("SEBI LODR Regulations") - Submission Of Extracts Of Minutes Of Board Meeting Pursuant To Reclassification From ''Promoter Group Category'' To ''Public Category''.
12 Nov - Board approved reclassification of shareholders to public category.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
12 Nov - Appointment of Mrs. Chhaya Rajendra Bhonslay as Additional Non-Executive Independent Director.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1][2]
Company designs ICT & IoT devices, and is involved in manufacturing, distribution and services. It offers solutions in Smart Computing Devices & Virtualization, Smart & AI based Digital Classrooms, Smart & Connected Cars, Smart Asset Mgmt., Retail IoT, Healthy Living Solutions, AV and Pen Display Solutions, Smart Water and other contract manufacturing OEM/ODM and electronic manufacturing opportunities. Company is also engaged in multi- product distribution such as Telecom Products, IT Products, Accessories, LED Lighting Products, Batteries, Power Banks, Audio Products, Torches/Flashlights, Electrical Products, Phones, facilitating Project based Services, AMC of Large Corporates, CCTV Surveillance