Panama Petrochem Ltd Q2 FY24 Share Price & Earnings Call Analysis

86out of 100

Momentum score · price trend

86 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,874 stocks
Last 12 months+72.2%88%
Last 6 months+81.8%89%
Last 3 months+14.7%78%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,874 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Panama Petrochem Ltd: 0.4 × 88 + 0.4 × 89 + 0.2 × 78 = 86.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 1 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Financials of Panama Petrochem Ltd

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

Financials of Panama Petrochem Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +573510530574512741671699728695693773775
Expenses +505444471513456664605641665636638705714
Operating Profit68665861567766586359556961
OPM %12%13%11%11%11%10%10%8%9%9%8%9%8%
Other Income +1354252344433
Interest3444454645332
Depreciation2222233343333
Profit before tax64635758527461535955536558
Tax %21%19%19%20%20%17%18%16%18%20%19%18%21%
Net Profit +50514647416150444844435346
EPS in Rs8.298.407.597.766.8410.088.297.298.027.327.058.767.57

Financials of Panama Petrochem Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +6358057528341,3261,2691,0031,4472,1322,2492,3572,7932,937
Expenses +6047737047591,2191,1699501,2571,8361,9402,1032,5462,693
Operating Profit3132487510810053190296309254247244
OPM %5%4%6%9%8%8%5%13%14%14%11%9%8%
Other Income +1124234667141214
Interest68891425179712181813
Depreciation2355567889101213
Profit before tax23223766907232180286295241228230
Tax %22%18%31%33%32%27%10%25%20%21%19%18%
Net Profit +18182544615229135230233195187186
EPS in Rs2.922.934.167.2410.088.584.7622.3738.0838.5132.2630.9230.70
Dividend Payout %26%46%8%9%12%14%25%9%21%21%22%10%

Financials of Panama Petrochem Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital8888121212121212121212
Reserves2312412643053594024215497569401,0911,2431,328
Borrowings +17425733451605166300263331
Other Liabilities +205207162323559346273366455282281236262
Total Liabilities4614984926699769197579931,2531,2351,4091,5241,633
Fixed Assets +77119123125134156173185230248287312310
CWIP400041411172251311944
Investments002100005421942
Other Assets +3453793665388287525677851,0139701,1201,1741,237
Total Assets4614984926699769197579931,2531,2351,4091,5241,633

Financials of Panama Petrochem Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +30-12185934-7817956170210-28162
Cash from Investing Activity +-36-13-12-21-14-22-20-15-111-7966-12
Cash from Financing Activity +-2311-2-36-681-136-1-67-96-40-78
Net Cash Flow-29-144214-192340-935-272
Free Cash Flow-8-2574115-10115931140175-63114
CFO/OP106%-25%56%104%59%-58%348%50%78%88%7%82%

Financials of Panama Petrochem Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days967975807790918254576366
Inventory Days848693161145134111122108689365
Days Payable123978516417311011211094554633
Cash Conversion Cycle58688277491149094687010997
Working Capital Days58526166516676736877107100
ROCE %12%11%15%22%27%20%9%34%41%35%24%20%

Continue your research

What Panama Petrochem Ltd's management said in earlier quarters

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