Panama Petrochem Ltd Share Price ₹483 | P/E 9.9

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Panama Petrochem Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	573	510	530	574	512	741	671	699	728	695	693	773	775
Expenses +	505	444	471	513	456	664	605	641	665	636	638	705	714
Operating Profit	68	66	58	61	56	77	66	58	63	59	55	69	61
OPM %	12%	13%	11%	11%	11%	10%	10%	8%	9%	9%	8%	9%	8%
Other Income +	1	3	5	4	2	5	2	3	4	4	4	3	3
Interest	3	4	4	4	4	5	4	6	4	5	3	3	2
Depreciation	2	2	2	2	2	3	3	3	4	3	3	3	3
Profit before tax	64	63	57	58	52	74	61	53	59	55	53	65	58
Tax %	21%	19%	19%	20%	20%	17%	18%	16%	18%	20%	19%	18%	21%
Net Profit +	50	51	46	47	41	61	50	44	48	44	43	53	46
EPS in Rs	8.29	8.40	7.59	7.76	6.84	10.08	8.29	7.29	8.02	7.32	7.05	8.76	7.57

Financials of Panama Petrochem Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	635	805	752	834	1,326	1,269	1,003	1,447	2,132	2,249	2,357	2,793	2,937
Expenses +	604	773	704	759	1,219	1,169	950	1,257	1,836	1,940	2,103	2,546	2,693
Operating Profit	31	32	48	75	108	100	53	190	296	309	254	247	244
OPM %	5%	4%	6%	9%	8%	8%	5%	13%	14%	14%	11%	9%	8%
Other Income +	1	1	2	4	2	3	4	6	6	7	14	12	14
Interest	6	8	8	9	14	25	17	9	7	12	18	18	13
Depreciation	2	3	5	5	5	6	7	8	8	9	10	12	13
Profit before tax	23	22	37	66	90	72	32	180	286	295	241	228	230
Tax %	22%	18%	31%	33%	32%	27%	10%	25%	20%	21%	19%	18%
Net Profit +	18	18	25	44	61	52	29	135	230	233	195	187	186
EPS in Rs	2.92	2.93	4.16	7.24	10.08	8.58	4.76	22.37	38.08	38.51	32.26	30.92	30.70
Dividend Payout %	26%	46%	8%	9%	12%	14%	25%	9%	21%	21%	22%	10%

Financials of Panama Petrochem Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	8	8	8	8	12	12	12	12	12	12	12	12	12
Reserves	231	241	264	305	359	402	421	549	756	940	1,091	1,243	1,328
Borrowings +	17	42	57	33	45	160	51	66	30	0	26	33	31
Other Liabilities +	205	207	162	323	559	346	273	366	455	282	281	236	262
Total Liabilities	461	498	492	669	976	919	757	993	1,253	1,235	1,409	1,524	1,633
Fixed Assets +	77	119	123	125	134	156	173	185	230	248	287	312	310
CWIP	40	0	0	4	14	11	17	22	5	13	1	19	44
Investments	0	0	2	1	0	0	0	0	5	4	2	19	42
Other Assets +	345	379	366	538	828	752	567	785	1,013	970	1,120	1,174	1,237
Total Assets	461	498	492	669	976	919	757	993	1,253	1,235	1,409	1,524	1,633

Financials of Panama Petrochem Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	30	-12	18	59	34	-78	179	56	170	210	-28	162
Cash from Investing Activity +	-36	-13	-12	-21	-14	-22	-20	-15	-111	-79	66	-12
Cash from Financing Activity +	-23	11	-2	-36	-6	81	-136	-1	-67	-96	-40	-78
Net Cash Flow	-29	-14	4	2	14	-19	23	40	-9	35	-2	72
Free Cash Flow	-8	-25	7	41	15	-101	159	31	140	175	-63	114
CFO/OP	106%	-25%	56%	104%	59%	-58%	348%	50%	78%	88%	7%	82%

Financials of Panama Petrochem Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	96	79	75	80	77	90	91	82	54	57	63	66
Inventory Days	84	86	93	161	145	134	111	122	108	68	93	65
Days Payable	123	97	85	164	173	110	112	110	94	55	46	33
Cash Conversion Cycle	58	68	82	77	49	114	90	94	68	70	109	97
Working Capital Days	58	52	61	66	51	66	76	73	68	77	107	100
ROCE %	12%	11%	15%	22%	27%	20%	9%	34%	41%	35%	24%	20%

Panama Petrochem Ltd Q3 FY24 Share Price & Earnings Call Analysis