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Panama Petrochem Limited

Panama Petrochem Limited

NSE: PANAMAPET
Oil & Gas Refining & MarketingEnergySMALL CAPMCap ₹2.95k Cr
₹488.10₹-3.25 (-0.66%)

Market Closed • NSE

Market cap₹2.95k Cr
Enterprise value₹3.00k Cr
P/E TTM6.17
P/B2.01
EPS TTM₹79.14
D/E7.55
Dividend yield0.01%
52W high₹599.60
52W low₹229.00
Price chart(1Y)
1Y Return:+29.38% (+₹110.85)
H: ₹599.6L: ₹368.9
1W-4.85%
1M+6.17%
3M+6.26%
6M+75.66%
1Y+78.50%
Today at a glance

Day range

₹486.10₹499.90

52 week range

₹229.00₹599.60
Volume105.3K0.35x 20D avg
Free float50.00%-64.70% volume

Panama Petrochem Limited closed at INR488.10 (-0.66%) on volume 0.35x its 20-day average, trading 18.6% below its 52-week high.

Technical analysis
RSI (14)49.4Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹23.53High
SMA 20₹490.29BEARISH
SMA 50₹487.49BULLISH
SMA 100₹452.80BULLISH
SMA 200₹369.59BULLISH
CPR bottom₹503.57
Pivot₹499.50
CPR top₹495.43
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +55.2% QoQ

2026-08-17

DIVIDEND Announced

Dividend - Rs 3 Per Share

2025-09-02

DIVIDEND Announced

Dividend - Rs 3 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹110.9 Cr₹2.95k Cr3.75%≤ 33%PASS
Non-halal income ratio–₹3.06k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.85k Cr₹1.92k Cr96.28%≥ 20%PASS
Receivables ratio–₹1.92k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E6.1715.50
Forward P/E——
P/B2.012.10
EV/EBITDA—18.00
PEG—0.80
Earnings yield16.206.50
Growth & profitability
RevenuePAT
FY23PAT margin 10.40%
FY24PAT margin 8.30%
FY25PAT margin 6.70%
FY26PAT margin 6.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+10.90%
Revenue CAGR 5Y—
PAT CAGR 3Y-3.00%
PAT CAGR 5Y—
Operating margin22.37%
Net margin11.66%
Financial health & cash flow
Net debt₹39.5 CrModerate
Interest coverage21.90xEBIT / interest
CFO / PAT0.11x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-6938.0 Lakh
Capital expenditure–
Free cash flow₹-12370.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.08x

Attractive Valuation: P/E of 6.2x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Oil & Gas Refining & Marketing.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Aug 2026Dividend₹3.00 / share—17 Aug 2026
02 Sept 2025Dividend₹3.00 / share—02 Sept 2025
22 Nov 2024Dividend₹2.00 / share—22 Nov 2024
22 Aug 2024Dividend₹4.00 / share—22 Aug 2024
17 Nov 2023Dividend₹3.00 / share—17 Nov 2023
—Dividend₹5.00 / share—22 Aug 2023
24 Nov 2022Dividend₹3.00 / share—23 Nov 2022
—Dividend₹6.00 / share—26 Aug 2022
26 Nov 2021Dividend₹2.00 / share—25 Nov 2021
—Dividend₹2.00 / share—27 Aug 2021
—Dividend₹1.20 / share—31 Aug 2020
—Dividend₹1.20 / share—06 Sept 2019
—Dividend₹1.20 / share—14 Aug 2018
04 Oct 2017Bonus issue1:2 bonus ratio—03 Oct 2017
—Dividend₹1.00 / share—24 Aug 2017
—Dividend₹0.50 / share—20 Sept 2016
—Dividend₹2.00 / share—08 Sept 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)46.04%+3.41% latest vs average
Highest delivery57.33%on 23 Sept
Average volume (20D)298.4KTrading-session average
Conviction trendStrengthening+3.41% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Reliance Industries Limited
Reliance Industries LimitedRELIANCE
Open analysis
₹16.39L21.930.49%₹3.09L₹23,196.00+27.02%-24.65%
Adani Enterprises Limited
Adani Enterprises LimitedADANIENT
Open analysis
₹3.64L43.390.05%₹5,954.00-₹890.00+1.29%-280.16%
Oil and Natural Gas Corporation Limited
Oil and Natural Gas Corporation LimitedONGC
Open analysis
₹2.79L6.426.45%₹2.05L₹6,554.00+25.68%-43.28%
Coal India Limited
Coal India LimitedCOALINDIA
Open analysis
₹2.57L8.226.34%₹48,295.27₹8,852.11+51.49%+1.24%
Indian Oil Corporation Limited
Indian Oil Corporation LimitedIOC
Open analysis
₹1.84L5.292.52%₹2.66L-₹1,141.00+38.51%-116.76%
Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation LimitedBPCL
Open analysis
₹1.27L7.326.81%₹1.51L-₹1,873.00+34.41%-127.39%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation LimitedHINDPETRO
Open analysis
₹73,622.6644.086.96%₹1.41L-₹12,265.00+26.85%-398.35%
Oil India Limited
Oil India LimitedOIL
Open analysis
₹72,384.058.662.92%₹9,293.27₹2,099.61+5.51%+60.26%
About Panama Petrochem Limited
Panama Petrochem Limited

Panama Petrochem Limited engages in the manufacture and sale of specialty petroleum products for printing, textile, rubber, pharmaceutical, cosmetic, power, and other industrial oil industries in India and internationally. It offers white/liquid paraffin oil; petroleum jellies; transformer oil; rubber process oil; textile oils, including Panol-KNT and antistatic coning oil; industrial oils; greases, such as lithium and lithium complex, calcium and sodium based, and aluminum greases; automotive engine, gear, and transmission oils, as well as other automotive lubricants; drilling fluids; and fully- and semi-refined paraffin, slack, and micro waxes. The company also provides oils for ink, resin, and paint industries comprising petroleum distillates, aroma free distillates, naphthenic oils, high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits under the PANOL brand. It exports its products to the United States, the United Kingdom, the Middle East, Europe, Australia, African sub-continent, and Southeast Asia. Panama Petrochem Limited was founded in 1975 and is based in Mumbai, India.

IndiaEnergy

Questions investors ask
Is Panama Petrochem Limited Shariah compliant?

Panama Petrochem Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (3.75%) complies with AAOIFI threshold (≤ 33%).

What is Panama Petrochem Limited's current valuation relative to peers?

Panama Petrochem Limited trades at a P/E of 6.2x compared to the sector median of 15.5x, and a Price-to-Book of 2.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.08x. Interest coverage is 21.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.