---
title: "Panasonic Appliances India Company Ltd (PANASONIC) — Share Price, Financials & Analysis"
symbol: "PANASONIC"
company: "Panasonic Appliances India Company Ltd"
canonical: "https://tapetide.com/stocks/PANASONIC"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T18:46:51.599Z"
---

# Panasonic Appliances India Company Ltd (PANASONIC)

Canonical page: https://tapetide.com/stocks/PANASONIC

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** panasonicappliances.in

## About

Panasonic Appliances India Company is primarily engaged in the business of manufacture and sale of consumer durable products such as electric rice cookers, mixer grinders and wet grinders.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 7.99 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.64% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.3.55 Cr.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -47% | 37% | 70% |
| revenue growth | 2% | 14% | 8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 29.34 | 37.92 | 42.3 | 42.91 | 34.21 | 43.07 | 59.1 | 53 | 33.4 |
| Expenses | 28.89 | 38.01 | 40.98 | 42.66 | 32.59 | 41.01 | 56.69 | 51.43 | 33.35 |
| Operating Profit | 0.45 | -0.09 | 1.32 | 0.25 | 1.62 | 2.06 | 2.41 | 1.57 | 0.05 |
| OPM % | 1.53 | -0.24 | 3.12 | 0.58 | 4.74 | 4.78 | 4.08 | 2.96 | 0.15 |
| Other Income | 0.15 | 0.24 | 0.12 | 0.23 | 0.08 | 0.28 | 0.02 | 0.13 | 0.47 |
| Interest | 0.79 | 0.74 | 0.96 | 1.09 | 1.04 | 0.89 | 0.77 | 0.56 | 0.65 |
| Depreciation | 0.9 | 0.89 | 0.86 | 0.82 | 0.83 | 0.82 | 0.87 | 0.95 | 1.07 |
| Profit before tax | -1.09 | -1.48 | -0.38 | -1.43 | -0.17 | 0.63 | 0.79 | 0.19 | -1.2 |
| Tax % | -2.75 | 0 | 0 | 0 | -5.88 | 0 | 0 | 0 | 0 |
| Net Profit | -1.06 | -1.47 | -0.37 | -1.42 | -0.16 | 0.63 | 0.79 | 0.2 | -1.21 |
| EPS in Rs | -1.11 | -1.54 | -0.39 | -1.49 | -0.16 | 0.64 | 0.8 | 0.2 | -1.23 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 186 | 180 | 148 | 157 | 192 | 201 | 186 | 225 | 273 | 278 |
| Expenses | 179 | 186 | 153 | 154 | 186 | 197 | 187 | 219 | 263 | 271 |
| Operating Profit | 7 | -6 | -5 | 3 | 6 | 3 | -1 | 7 | 10 | 7 |
| OPM % | 3.9 | -3.4 | -3.4 | 2.1 | 3.3 | 1.7 | -0.5 | 2.9 | 3.7 | 2.5 |
| Other Income | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 4 |
| Interest | 2 | 4 | 4 | 4 | 3 | 3 | 4 | 3 | 2 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 5 | 6 |
| Profit before tax | 3 | -13 | -11 | -3 | 0 | -1 | -6 | 0 | 7 | 4 |
| Tax % | 32 | 0 | 0 | 0 | 0 | -111 | 8 | 0 | 0 | 0 |
| Net Profit | 2 | -13 | -11 | -3 | 0 | 0 | -7 | 0 | 7 | 4 |
| EPS in Rs | — | — | -11.96 | -3.49 | 0.42 | 0.15 | -6.74 | 0.21 | 7.13 | 3.73 |
| Dividend Payout % | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 13 | 13 |
| Reserves | 11 | -2 | -2 | -2 | -2 | -2 | -9 | -8 | 30 | 33 |
| Borrowings | 14 | 38 | 30 | 36 | 40 | 44 | 49 | 43 | 0 | 3 |
| Other Liabilities | 41 | 40 | 34 | 26 | 35 | 43 | 28 | 46 | 60 | 61 |
| Total Liabilities | 75 | 86 | 72 | 70 | 83 | 95 | 78 | 91 | 102 | 110 |
| Fixed Assets | 28 | 33 | 32 | 30 | 31 | 31 | 33 | 36 | 35 | 34 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 47 | 53 | 40 | 40 | 51 | 61 | 44 | 55 | 67 | 76 |
| Total Assets | 75 | 86 | 72 | 70 | 83 | 95 | 78 | 91 | 102 | 110 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | — | — | — | — | — | — | — |
| Cash from Investing Activity | — | — | — | — | — | — | — | — | — | — |
| Cash from Financing Activity | — | — | — | — | — | — | — | — | — | — |
| Net Cash Flow | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — | — | — |
| CFO/OP | — | — | — | — | — | — | — | — | — | — |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 42 | 60 | 53 | 45 | 48 | 61 | 37 | 40 | 50 | 41 |
| Inventory Days | 62 | 50 | 56 | 57 | 66 | 69 | 66 | 67 | 39 | 74 |
| Days Payable | 85 | 95 | 93 | 62 | 88 | 109 | 68 | 81 | 80 | 87 |
| Cash Conversion Cycle | 18 | 15 | 16 | 41 | 26 | 21 | 35 | 25 | 9 | 28 |
| Working Capital Days | 10 | 25 | 17 | 34 | 33 | 32 | 33 | 15 | 7 | 19 |
| ROCE % | 17 | -22 | -19 | 1 | 7 | 2 | -5 | 8 | 21 | 11 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 9 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 550.7 | Sell |
| EMA (10) | 551.16 | Sell |
| SMA (20) | 574.1 | Sell |
| EMA (20) | 563.6 | Sell |
| SMA (50) | 580.52 | Sell |
| EMA (50) | 578.48 | Sell |
| SMA (100) | 599.28 | Sell |
| EMA (100) | 591.11 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.14 | Neutral |
| MACD (12,26,9) | -13.62 | Sell |
| Stochastic (14,3,3) | 20.14 | Neutral |
| ADX (14) | 13.67 | Neutral |
| Williams %R (14) | -74.9 | Neutral |
| ATR (14) | 25.42 | High Volatility |
| ROC (12) | -9.72 | Sell |
| Stoch RSI (14) | 44.96 | Neutral |
| UO (7,14,28) | 44.52 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2014 from bse](http://www.bseindia.com/bseplus/AnnualReport/523307/5233070314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/523307/5233070313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/523307/5233070312.PDF) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/523307/5233070311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/523307/5233070310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:46:51.599Z.