Panama Petrochem
Panama Petrochem Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Panama Petrochem Limited, framed against the sector median so the premium or discount is obvious at a glance.
Panama Petrochem Limited trades at a P/E of 6.52× and P/B of 0.94×, against the Oil Gas & Consumable Fuels sector median P/E of 8.76×.
Valuation
Profitability
Growth
Financial Health
Panama Petrochem Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Panama Petrochem Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Panama Petrochem Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Panama Petrochem Limited, switchable between annual and quarterly views, consolidated or standalone.
Panama Petrochem Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹2,825.66 Cr and reported EPS of ₹35.15.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,346 | 1,269 | 1,003 | 1,447 | 2,132 | 2,249 | 2,357 | 2,793 | 3,064 |
| Other Income | 2 | 3 | 3 | 5 | 6 | 7 | 14 | 12 | 13 |
| Total Income | 1,347 | 1,272 | 1,006 | 1,452 | 2,138 | 2,255 | 2,371 | 2,805 | 3,077 |
| Cost of Goods Sold (COGS) | 1,144 | 1,068 | 861 | 1,120 | 1,660 | 1,758 | 1,966 | 2,336 | 2,535 |
| Gross Profit | 202 | 201 | 141 | 327 | 472 | 491 | 391 | 456 | 529 |
| +Operating Expenses | 94 | 101 | 88 | 136 | 176 | 182 | 137 | 210 | 254 |
| EBITDA | 108 | 100 | 54 | 191 | 296 | 309 | 254 | 247 | 276 |
| +Non-Operating Expenses | 19 | 31 | 25 | 17 | 15 | 21 | 28 | 31 | 26 |
| Profit Before Tax (PBT) | 90 | 72 | 32 | 180 | 286 | 295 | 241 | 228 | 263 |
| +Tax Expense | 29 | 20 | 3 | 44 | 56 | 62 | 46 | 41 | 50 |
| Total Profit for Period | 61 | 52 | 29 | 135 | 230 | 233 | 195 | 187 | 213 |
| Net Profit (Owner's PAT) | 61 | 52 | 29 | 135 | 230 | 233 | 195 | 187 | 213 |
| Earnings Per Share (EPS) | 10.08 | 8.58 | 4.76 | 22.37 | 38.08 | 38.51 | 32.26 | 30.92 | 35.13 |
| Diluted Shares Outstanding (Nos.) | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| +Additional Disclosures | 2,401 | 2,268 | 1,835 | 2,393 | 3,513 | 3,724 | 4,100 | 4,915 | 5,367 |
| Sales Growth % | — | -5.68 | -21.00 | 44.30 | 47.37 | 5.46 | 4.80 | 18.51 | 9.72 |
| YoY Sales Growth % | — | -5.68 | -21.00 | 44.30 | 47.37 | 5.46 | 4.80 | 18.51 | 9.72 |
| Material Cost % | 69 | 75 | 81 | 74 | 75 | 77 | 82 | 79 | 77 |
| Employee Cost % | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other Cost % | 6 | 7 | 8 | 8 | 7 | 7 | 5 | 7 | 7 |
| OPM % | 8 | 8 | 5 | 13 | 14 | 14 | 11 | 9 | 9 |
| Tax % | 32 | 27 | 10 | 25 | 20 | 21 | 19 | 18 | 19 |
| Profit Growth % | — | -14.91 | -44.53 | 370.34 | 70.18 | 1.14 | -16.23 | -4.16 | 13.62 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 102 | 94 | 46 | 183 | 288 | 300 | 244 | 234 | 262 |
Panama Petrochem segment analysis: revenue and profit mix.
Disclosed business segments at Panama Petrochem with their share of revenue and profit, switchable between consolidated and standalone reporting.
Panama Petrochem discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Panama Petrochem Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Panama Petrochem Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Panama Petrochem Limited's investment case rests on 7 positive markers and 7 flagged concerns drawn from the latest reported filings.
What you're getting.
Panama Petrochem demonstrates strong profitability with a healthy Return on Equity (ROE) of 15.9% and Return on Capital Employed (ROCE) of 20.4%. This indicates efficient use of shareholder investments and effective capital management, underscoring robust operational efficiency.
The company maintains a very low debt-to-equity ratio of 0.03, reflecting a conservative financial structure with minimal reliance on debt. This significantly minimizes financial risk, enhancing the company's overall stability and resilience in varying market conditions.
Panama Petrochem's attractive P/E ratio of 9.02 is notably lower than the sector P/E of 11.15, suggesting the stock may be undervalued. This valuation gap presents potential for capital appreciation, attracting investors seeking growth opportunities.
A substantial promoter holding of 62.5% signals strong insider confidence in the company's long-term prospects and sustainability. This high stake aligns management incentives with shareholder interests, reducing risks of hostile takeovers.
Growing demand in the Lubricants industry, fueled by increasing industrial activity and vehicle parc, offers a significant growth opportunity. Panama Petrochem can expand its market presence and boost sales by capitalizing on these trends.
What can break it.
Panama Petrochem's quarterly profit declined significantly by 15%, raising concerns about consistent profitability. This trend requires further investigation to understand underlying causes and potential future impact on financial performance.
Recent five-day stock price movements exhibit volatility and significant daily fluctuations. This price instability could signal market uncertainty regarding the company's future performance, potentially deterring risk-averse investors.
Promoter holdings decreased from 71.11% in June 2022 to 61.94% in September 2024. This reduction may signal a dip in promoter confidence or potential share dilution, warranting close monitoring for long-term stability implications.
Quarterly sales growth of 3.35% lags behind key competitors like Gulf Oil Lubricants (12.57%) and Castrol India (7.10%). This suggests a potential struggle to effectively capture market share or achieve robust revenue growth.
Intense competition from larger, established players like Castrol India (Market Cap: 19571.77 Cr) and Gulf Oil Lubricants (Market Cap: 6027.84 Cr) poses a significant threat to market share and pricing power.
What would change my mind.
Trim if P/E re-rates above 8 (~0.9× the sector multiple of 8.8). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 8.05. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 11%. The operating engine is no longer compounding capital efficiently.
Panama Petrochem Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Panama Petrochem Limited is highlighted for quick read-across.
Quick Compare
Panama Petrochem Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Panama Petrochem Limited — derived from the live tape, not yesterday's close.
Panama Petrochem Limited last traded at ₹469 with an intraday range of ₹465–₹489.8 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹469.00| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 533.80 | +64.80 | +13.82% |
| R3 | 509.00 | +40.00 | +8.53% |
| R2 | 499.40 | +30.40 | +6.48% |
| R1 | 484.20 | +15.20 | +3.24% |
| PIVOT | 474.60 | 5.60 | 1.19% |
| CURRENT | 469.00 | — | — |
| S1 | 409.80 | -59.20 | -12.62% |
| S2 | 434.60 | -34.40 | -7.33% |
| S3 | 449.80 | -19.20 | -4.09% |
| S4 | 459.40 | -9.60 | -2.05% |
PANAMAPET is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 476.45 ~ 489.8
Trading Below opening range, showing Bearishness
Panama Petrochem Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Panama Petrochem Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Panama Petrochem Limited stood at 29.1% of traded volume, against a 20-day average of 35.2%.
Panama Petrochem announcements: results, concalls, ratings, M&A.
Filings Panama Petrochem sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Panama Petrochem files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 31 documents below.
Trading Window
Panama Petrochem Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading)…
Spurt in Volume
Significant increase in volume has been observed in Panama Petrochem Limited. The Exchange, in order to ensure that investors have latest relevant…
Outcome of Board Meeting
Panama Petrochem Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2026.
Outcome of Board Meeting
Panama Petrochem Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Credit Rating
Panama Petrochem Limited has informed the Exchange about Credit Rating
Investor decks & rating reports.
Panama Petrochem dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Panama Petrochem has declared, sequenced by announce and record date.
Panama Petrochem corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Panama Petrochem Limited: business, sector, key facts.
What Panama Petrochem Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Panama Petrochem Limited operates in the Oil Gas & Consumable Fuels, listed as NSE: PANAMAPET, BSE: 524820.
Panama Petrochem Limited, established in 1975 and headquartered in Mumbai, India, is a prominent manufacturer and distributor of specialty petroleum products catering to a diverse range of industrial sectors globally. Their extensive product portfolio addresses the needs of printing, textile, rubber, pharmaceutical, cosmetic, power generation, and other industrial oil applications, both domestically within India and internationally.
The company's product line is incredibly broad, encompassing a wide variety of oils and greases. This includes white/liquid paraffin oil and petroleum jellies for various applications; transformer oil for electrical equipment; rubber process oils vital for the rubber industry; and specialized textile oils, such as Panol-KNT and antistatic coning oil. Furthermore, Panama Petrochem offers industrial oils for a multitude of purposes, along with a comprehensive range of greases based on various chemical compositions including lithium, calcium, sodium, and aluminum. Their automotive lubricant offerings extend to engine, gear, and transmission oils.
Beyond lubricants, Panama Petrochem also produces drilling fluids for the oil and gas industry and a selection of refined paraffin waxes, including fully- and semi-refined paraffin, slack wax, and microwaxes. Their commitment to the printing, resin, and paint sectors is evident in their provision of specialized oils, encompassing petroleum distillates, aroma-free distillates, naphthenic oils, high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits, all marketed under the PANOL brand.
Panama Petrochem's global reach is significant, with exports extending to major markets including the United States, the United Kingdom, the Middle East, Europe, Australia, the African subcontinent, and Southeast Asia. This demonstrates their ability to meet international demand for high-quality specialty petroleum products and their success in establishing a strong international presence within the industry.
Questions investors ask about Panama Petrochem Limited (PANAMAPET).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Panama Petrochem Limited (PANAMAPET)?
The current share price of Panama Petrochem Limited (PANAMAPET) is ₹469. Today, the stock has declined by ₹27.45 (5.53%), trading in a range of ₹465 to ₹489.8. The stock opened at ₹487 with a trading volume of 5,40,315 shares.
02Is Panama Petrochem Limited stock a good investment for long-term?
Panama Petrochem Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹2,825.66 crores, P/E ratio of 6.52, ROE of 15.60%, and ROCE of 20.40%. The dividend yield stands at 0.63%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Panama Petrochem Limited stock?
The 52-week high price of Panama Petrochem Limited (PANAMAPET) is ₹512.05, while the 52-week low is ₹229. Currently trading at ₹469, the stock is 84.8% away from its 52-week low and 8.4% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Panama Petrochem Limited stock at the current price?
Whether to buy Panama Petrochem Limited stock at ₹469 depends on multiple factors. The stock is currently trading with a P/E ratio of 6.52 and P/B ratio of 0.94. Today's performance shows a loss of 5.53%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Panama Petrochem Limited and when is the next dividend?
Panama Petrochem Limited offers a dividend yield of 0.63%, which means for every ₹100 invested at the current price of ₹469, you can expect to receive approximately ₹0.63 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Panama Petrochem Limited?
Panama Petrochem Limited's key financial metrics include: P/E Ratio: 6.52, P/B Ratio: 0.94, ROE: 15.60%, ROCE: 20.40%, Dividend Yield: 0.63%, EPS: ₹35.15, Book Value: ₹242.78, and Debt-to-Equity: 7.55. The company's market cap stands at ₹2,825.66 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Panama Petrochem Limited stock performing today in the market?
Panama Petrochem Limited stock opened at ₹487 and is currently trading at ₹469, showing a decline of ₹27.45 (5.53%). The intraday high is ₹489.8 and low is ₹465. The trading volume stands at 5,40,315 shares, indicating moderate market participation today.
08What is the P/E ratio of Panama Petrochem Limited and what does it indicate?
Panama Petrochem Limited has a Price-to-Earnings (P/E) ratio of 6.52, which means investors are willing to pay ₹6.52 for every ₹1 of earnings. With an EPS of ₹35.15, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Panama Petrochem Limited (PANAMAPET) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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