Panama Petrochem Ltd

Panama Petrochem Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Panama Petrochem Ltd

₹ 309 -0.19%
21 Nov 4:00 p.m.
panamapetro.com BSE: 524820 NSE: PANAMAPET
About

Panama Petrochem Limited is engaged in the business of manufacturing and exporting various kinds of Petroleum specialities. [1]

Key Points

Product Segments FY24
The company is one of the leading manufacturers & exporters of ~80 variants of petroleum specialty products. [1]

Website BSE NSE
  • Market Cap ₹ 1,874 Cr.
  • Current Price ₹ 309
  • High / Low ₹ 452 / 291
  • Stock P/E 9.53
  • Book Value ₹ 194
  • Dividend Yield 2.26 %
  • ROCE 24.5 %
  • ROE 18.7 %
  • Face Value ₹ 2.00
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Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.7%
  • Company has been maintaining a healthy dividend payout of 21.2%

Cons

  • Promoter holding has decreased over last 3 years: -10.2%

* 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.

Peer comparison

Sector: Petrochemicals Industry: Petrochemicals

Part of BSE Allcap BSE Energy BSE SmallCap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
563 509 508 552 614 573 510 530 574 512 741 671 699
481 442 439 465 525 505 444 471 513 456 664 605 641
Operating Profit 82 68 69 86 89 68 66 58 61 56 77 66 58
OPM % 15% 13% 14% 16% 14% 12% 13% 11% 11% 11% 10% 10% 8%
1 1 3 1 1 1 3 5 4 2 5 2 3
Interest 2 2 1 2 3 3 4 4 4 4 5 4 6
Depreciation 2 2 2 2 2 2 2 2 2 2 3 3 3
Profit before tax 79 65 69 83 85 64 63 57 58 52 74 61 53
Tax % 21% 17% 18% 22% 21% 21% 19% 19% 20% 20% 17% 18% 16%
62 54 56 65 67 50 51 46 47 41 61 50 44
EPS in Rs 10.24 8.95 9.29 10.68 11.15 8.29 8.40 7.59 7.76 6.84 10.08 8.29 7.29
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
635 635 805 752 834 1,326 1,269 1,003 1,447 2,132 2,249 2,357 2,622
614 604 773 704 759 1,219 1,169 950 1,257 1,836 1,940 2,103 2,365
Operating Profit 20 31 32 48 75 108 100 53 190 296 309 254 257
OPM % 3% 5% 4% 6% 9% 8% 8% 5% 13% 14% 14% 11% 10%
3 1 1 2 4 2 3 4 6 6 7 14 11
Interest 8 6 8 8 9 14 25 17 9 7 12 18 19
Depreciation 2 2 3 5 5 5 6 7 8 8 9 10 10
Profit before tax 13 23 22 37 66 90 72 32 180 286 295 241 240
Tax % 8% 22% 18% 31% 33% 32% 27% 10% 25% 20% 21% 19%
12 18 18 25 44 61 52 29 135 230 233 195 197
EPS in Rs 1.84 2.92 2.93 4.16 7.24 10.08 8.58 4.76 22.37 38.08 38.51 32.26 32.50
Dividend Payout % 29% 26% 46% 8% 9% 12% 14% 25% 9% 21% 21% 22%
Compounded Sales Growth
10 Years: 14%
5 Years: 13%
3 Years: 18%
TTM: 20%
Compounded Profit Growth
10 Years: 26%
5 Years: 30%
3 Years: 12%
TTM: 1%
Stock Price CAGR
10 Years: 23%
5 Years: 37%
3 Years: 6%
1 Year: -1%
Return on Equity
10 Years: 20%
5 Years: 24%
3 Years: 26%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 9 8 8 8 8 12 12 12 12 12 12 12 12
Reserves 223 231 241 264 305 359 402 421 549 756 940 1,091 1,162
22 17 42 57 33 45 160 51 66 30 0 26 0
168 205 207 162 323 559 346 273 366 455 282 281 329
Total Liabilities 422 461 498 492 669 976 919 757 993 1,253 1,235 1,409 1,503
73 77 119 123 125 134 156 173 185 230 248 287 283
CWIP 6 40 0 0 4 14 11 17 22 5 13 1 9
Investments 0 0 0 2 1 0 0 0 0 5 4 2 3
343 345 379 366 538 828 752 567 785 1,013 970 1,120 1,209
Total Assets 422 461 498 492 669 976 919 757 993 1,253 1,235 1,409 1,503

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-84 30 -12 18 59 34 -78 179 56 170 210 -28
0 -36 -13 -12 -21 -14 -22 -20 -15 -111 -79 66
1 -23 11 -2 -36 -6 81 -136 -1 -67 -96 -40
Net Cash Flow -83 -29 -14 4 2 14 -19 23 40 -9 35 -2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 68 96 79 75 80 77 90 91 82 54 57 63
Inventory Days 82 84 86 93 161 145 134 111 122 108 68 93
Days Payable 103 123 97 85 164 173 110 112 110 94 55 46
Cash Conversion Cycle 47 58 68 82 77 49 114 90 94 68 70 109
Working Capital Days 69 67 71 89 80 63 112 95 89 73 77 111
ROCE % 9% 12% 11% 15% 22% 27% 20% 9% 34% 41% 35% 24%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
71.11% 71.11% 71.11% 70.37% 70.37% 69.87% 69.87% 69.25% 67.30% 65.83% 61.94% 61.94%
3.89% 3.80% 3.69% 2.74% 3.25% 3.20% 3.45% 5.83% 8.31% 10.03% 14.88% 14.71%
0.02% 0.30% 0.17% 0.00% 0.00% 0.00% 0.00% 0.04% 0.01% 0.01% 0.26% 0.06%
24.97% 24.79% 25.03% 26.89% 26.39% 26.93% 26.69% 24.89% 24.36% 24.10% 22.92% 23.28%
No. of Shareholders 25,48730,09326,84226,00225,06824,14824,29126,45627,21826,63325,12527,275

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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