Skip to content
Panama Petrochem logo

Panama Petrochem

PANAMAPET NSE
₹458.35 No trade today
P/E
5.79
View as Markdown
MCP
Close 4 Nov 2026 ₹458.35 +190.15 +70.9% 1Y
Start ₹268.20

Key Fundamentals

MicrocapPetroleum ProductsEnergy

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
19.20%
Debt to Equity
0.08
EPS (TTM)
₹79.14
Book Value
₹242.78
Market Cap
—
P/E (TTM)
5.79
P/B
1.89
ROE
15.60%
Dividend Yield
0.64%
EBITDA
₹288 Cr
52W High
₹599.60
52W Low
₹229.00
Volume
0

Peer Comparison

Energy › Petroleum Products › Lubricants

Panama Petrochem peer comparison
₹194.9719.08₹19,194 Cr10.103.22%45.90%60.30%₹6,591 Cr₹1,011 Cr
₹1,086.3014.06₹5,342 Cr3.284.70%24.10%27.20%₹4,315 Cr₹382 Cr
₹675.6510.85₹4,737 Cr2.550.72%8.88%14.00%₹4,853 Cr₹427 Cr
Panama Petrochem (this company)
₹458.355.79₹2,807 Cr1.890.64%15.60%19.20%₹4,106 Cr₹479 Cr
₹269.818.76₹2,657 Cr1.550.76%10.50%13.30%₹5,052 Cr₹317 Cr
₹1,412.8011.20₹2,463 Cr2.384.11%19.50%24.10%₹2,263 Cr₹220 Cr
₹65.008.03₹326 Cr0.850.77%8.38%10.80%₹714 Cr₹40 Cr
Median 7 companies₹458.3510.85₹2,807 Cr2.380.77%15.60%19.20%₹4,315 Cr₹382 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

56 Good

Data confidence 100/100

Category scores

Quality
43
Weak
Returns, margins, earnings quality 22% weight
Valuation
63
Good
Cheap vs sector & own history 24% weight
Growth
93
Strong
Sales & profit trajectory 9% weight
Financial Health
82
Strong
Solvency, leverage, coverage 9% weight
Momentum
81
Strong
Trend strength, vol-adjusted 12% weight
Ownership
19
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Company is expected to give good quarter

Weaknesses

2
  • Dividend payout has been low at 13.3% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -6.09%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish964
OscillatorsBearish261
Moving AveragesStrong Bearish703

Key readings

RSI (14)
45.19
Neutral
MACD (12,26,9)
−7.13
Bearish
SMA (50)
479.67
Bearish
SMA (200)
377.87
Bullish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+15.08%
5Y+16.19%
3Y+10.86%
1Y+9.70%
TTM+45.86%

Net profit

Net profit growth by window
10Y+23.83%
5Y+9.45%
3Y−3.10%
1Y+13.37%
TTM+167.60%

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YTurned negative
3YTurned negative
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+2.63 pp
5Y−4.12 pp
3Y−4.73 pp
1Y+0.17 pp
TTM+6.48 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹834 Cr
Mar 2018₹1,326 Cr
Mar 2019₹1,269 Cr
Mar 2020₹1,003 Cr
Mar 2021₹1,447 Cr
Mar 2022₹2,132 Cr
Mar 2023₹2,249 Cr
Mar 2024₹2,357 Cr
Mar 2025₹2,793 Cr
Mar 2026₹3,064 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹44.00 Cr
Mar 2018₹61.00 Cr
Mar 2019₹52.00 Cr
Mar 2020₹29.00 Cr
Mar 2021₹135 Cr
Mar 2022₹230 Cr
Mar 2023₹233 Cr
Mar 2024₹195 Cr
Mar 2025₹187 Cr
Mar 2026₹212 Cr

Quarterly Results

₹ Cr
PANAMAPET quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
530
574
512
741
671
699
728
695
693
773
775
823
1,735
Expenses
471
513
456
664
605
641
665
636
638
705
714
731
1,347
Operating Profit
58
61
56
77
66
58
63
59
55
69
61
91
388
OPM %
11%
11%
11%
10%
10%
8%
9%
9%
8%
9%
8%
11%
22%
Other Income
5
4
2
5
2
3
4
4
4
3
3
3
4
Interest
4
4
4
5
4
6
4
5
3
3
2
3
6
Depreciation
2
2
2
3
3
3
4
3
3
3
3
4
4
PBT
57
58
52
74
61
53
59
55
53
65
58
88
383
Tax %
19%
20%
20%
17%
18%
16%
18%
20%
19%
18%
21%
19%
19%
Net Profit
46
47
41
61
50
44
48
44
43
53
46
71
309
EPS (₹)
7.59
7.76
6.84
10.08
8.29
7.29
8.02
7.32
7.05
8.76
7.57
11.75
51.06

Profit & Loss

₹ Cr
PANAMAPET profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
805
752
834
1,326
1,269
1,003
1,447
2,132
2,249
2,357
2,793
3,064
4,106
Expenses
773
704
759
1,219
1,169
950
1,257
1,836
1,940
2,103
2,546
2,789
3,498
Operating Profit
32
48
75
108
100
53
190
296
309
254
247
276
609
OPM %
4%
6%
9%
8%
8%
5%
13%
14%
14%
11%
9%
9%
15%
Other Income
1
2
4
2
3
4
6
6
7
14
12
13
13
Interest
8
8
9
14
25
17
9
7
12
18
18
12
14
Depreciation
3
5
5
5
6
7
8
8
9
10
12
14
14
PBT
22
37
66
90
72
32
180
286
295
241
228
263
593
Tax %
18%
31%
33%
32%
27%
10%
25%
20%
21%
19%
18%
19%
—
Net Profit
18
25
44
61
52
29
135
230
233
195
187
212
479
EPS (₹)
2.93
4.16
7.24
10.08
8.58
4.76
22.37
38.08
38.51
32.26
30.92
35.13
79.14
Div. Payout %
46%
8%
9%
12%
14%
25%
9%
21%
21%
22%
10%
9%
—

Balance Sheet

₹ Cr
PANAMAPET balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

Cash Flow

₹ Cr
PANAMAPET cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−12
18
59
34
−78
179
56
170
210
−28
162
−69
Investing
−13
−12
−21
−14
−22
−20
−15
−111
−79
66
−12
−71
Financing
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/EBITDA
−25
56
104
59
−58
348
50
78
88
7
82
−9

Ratios

PANAMAPET financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Panama Petrochem insights

65 extracted metrics across FY12–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 63.16%
  • Public 17.47%
  • FIIs 11.13%
  • Others 8.23%
  • DIIs 0.01%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Panama Petrochem

What does Panama Petrochem Ltd do?
Panama Petrochem Ltd. was incorporated in 1982 by Amirali E Rayani and is engaged in the conversion and manufacturing of crude oil derivatives to 80+ specialty products across segments.
Where is Panama Petrochem Ltd (PANAMAPET) listed?
Panama Petrochem Ltd trades as PANAMAPET on the NSE and under code 524820 on the BSE.
Which sector does Panama Petrochem Ltd belong to?
Panama Petrochem Ltd is classified under the Petroleum Products sector, in the Lubricants industry.
What is the PE ratio of Panama Petrochem Ltd?
Panama Petrochem Ltd trades at a PE ratio of 5.79 as of 4 Nov 2026, on earnings per share of ₹79.14, against a book value of ₹242.78 per share.
What is the 52-week high and low of Panama Petrochem Ltd?
Over the last 52 weeks Panama Petrochem Ltd has traded between ₹229 and ₹599.6 as of 4 Nov 2026.
Does Panama Petrochem Ltd pay dividends?
Panama Petrochem Ltd has a dividend yield of 0.64%.
What is the Return on Equity (ROE) of Panama Petrochem Ltd?
Panama Petrochem Ltd reported a return on equity of 15.60%. Its debt-to-equity ratio is 0.08.

Company Information

Panama Petrochem Ltd. was incorporated in 1982 by Amirali E Rayani and is engaged in the conversion and manufacturing of crude oil derivatives to 80+ specialty products across segments.

CEO Mr. Arif A. Rayani
Employees 185
Listed 30 Sep 2011
Face Value ₹2

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/PANAMAPET.md for Panama Petrochem Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More