Panama Petrochem Ltd

NSE :PANAMAPET   BSE :524820  Sector : Petrochemicals
Buy, Sell or Hold PANAMAPET? Ask The Analyst

BSE

prev close

OPEN PRICE

bid price (qty)

offer price (qty)

volume

Today's low / high

52 WK low / high

NSE

prev close

open price

bid price (qty)

offer price (qty)

volume

Today's' low / high

52 WK low / high

03 May
347.95
(4.10%)
02 May
334.25
(-0.25%)
30 Apr
335.10
(1.04%)
29 Apr
331.65
(-1.22%)
26 Apr
335.75
(0.69%)
25 Apr
333.45
(-1.46%)
24 Apr
338.40
(-0.51%)
23 Apr
340.15
(-0.16%)
22 Apr
340.70
(0.77%)
19 Apr
338.10
(1.05%)
18 Apr
334.60
(0.30%)
16 Apr
333.60
(3.70%)
15 Apr
321.70
(-2.32%)
12 Apr
329.35
(-1.32%)
10 Apr
333.75
(-0.40%)
09 Apr
335.10
(-0.92%)
08 Apr
338.20
(-1.70%)
05 Apr
344.05
(0.00%)
04 Apr
344.05
(-0.53%)
03 Apr
345.90
(-2.16%)
02 Apr
353.55
(5.55%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Very Bullish
Medium Term Investors

Neutral
Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

337.06

10 DMA
Bullish

337.72

20 DMA
Bullish

336.99

50 DMA
Bullish

338

100 DMA
Bullish

334.19

200 DMA
Bullish

321.84


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 03, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 377.24 365.02 353.66 - -
R2 365.02 357.09 351.75 365.94 -
R1 356.49 352.2 349.85 358.33 360.75
P 344.27 344.27 344.27 345.19 346.4
S1 335.74 336.34 346.05 337.58 340
S2 323.52 331.45 344.15 324.44 -
S3 314.99 323.52 342.24 - -

Key Metrics

EPS

21.27

P/E

16.36

P/B

2.61

Dividend Yield

2.3%

Market Cap

2,105 Cr.

Face Value

2

Book Value

133.19

ROE

27.08%

EBITDA Growth

57.47 Cr.

Debt/Equity

0.02

Shareholding Pattern

  61.94% Total Promoter Holding
0% Mutual Fund Holdings
9.44% FIIs
22.56% Non Institution
0% Insurance Companies
5.91% Custodians
0.15% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Panama Petrochem Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 573.78 513.24 534.56 578.27 514.09
PROFIT 50.15 50.81 45.89 46.92 41.36
EPS 8.29 8.4 7.59 7.75 6.84

Panama Petrochem Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 434.79 378.63 401.96 457.23 374.19
PROFIT 39.91 34.34 30.74 33.01 30.61
EPS 6.6 5.68 5.08 5.46 5.06

Profit & Loss (Figures in Rs. Crores)


Panama Petrochem Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 641.19 816.79 768.96 891 1306.94 1295.43 961.45 1455.24 2106.57 2254.25
PROFIT 18.43 17.71 25.17 43.16 60.91 51.87 28.77 135.35 230.32 232.73
EPS 2.9 2.65 4.09 7.24 10.08 8.58 4.76 22.37 38.07 38.51

Panama Petrochem Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 597.54 727.05 667.14 737.04 1175.05 1081.55 807.26 1234.47 1527.72 1713.41
PROFIT 15.43 13.76 20.22 40.33 54.3 38 18.22 123.43 171.39 180.35
EPS 2.41 1.99 3.27 6.7 8.99 6.28 3.01 20.4 28.33 29.85

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 12.112.112.112.112.112.18.078.078.078.07
Reserves Total 939.98756.11548.87420.92401.67359.42304.72264.33241.02230.89
Total Shareholders Funds952.08768.21560.97433.02413.77371.52312.79272.4249.09238.96
Secured Loans 029.8165.1749.69159.945.1332.5857.4341.7516.78
Unsecured Loans 0.440.260.480.98000000
Total Debt0.4430.0765.6550.67159.945.1332.5857.4341.7516.78
Other Liabilities1.451.140.720.880.730.570.16000
Total Liabilities953.97799.42627.34484.57574.4417.22345.53329.83290.84255.74
APPLICATION OF FUNDS :
Gross Block 314.82289.19236.55216.49193.07164.95151.66144.39136.2590.1
Less: Accumulated Depreciation67.2159.0751.543.9636.8131.3826.3521.7917.2913.48
Net Block247.61230.12185.05172.53156.26133.57125.31122.6118.9676.62
Capital Work in Progress13.044.9722.417.2411.0514.44.290.2039.67
Investments 4.454.920.080.070.140.111.022.450.030.03
Inventories 324.05490.53365.06253.93383.6445.03302.19164.77167.24130.99
Sundry Debtors 348.93317.49323.19251.06313.9280.24182.67153.5173.94166.52
Cash and Bank Balance221.76139.3174.7840.8815.7134.2522.815.2712.0524.53
Loans and Advances 72.8164.2721.219.8828.9356.4514.2623.5618.7122.17
Total Current Assets967.551,011.6784.22565.76742.14815.97521.93357.09371.94344.21
Current Liabilities 271.33445.52355.55264.68335.62550.42314.09154.1193.82194.76
Provisions 0.220.220.230.180.170.852.543.8410.098.03
Total Current Liabilities & Provisions271.55445.74355.77264.87335.79551.27316.64157.95203.91202.79
Net Current Assets696565.86428.44300.89406.35264.7205.29199.14168.03141.41
Deferred Tax Assets1.090.650.490.770.620.450.330.210.50.5
Deferred Tax Liability10.358.6810.018.249.637.926.954.063.483.01
Net Deferred Tax-9.26-8.03-9.52-7.47-9.01-7.47-6.62-3.85-2.98-2.51
Other Assets2.131.580.881.319.6111.9116.239.286.80.51
Total Assets953.97799.42627.33484.57574.4417.22345.53329.81290.83255.73
Contingent Liabilities75.26110.79101.93120.38124.6481.3369.717.968.536.24
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 12.112.112.112.112.112.18.078.078.078.07
Reserves Total 758.58633.86486.67370.39360.95331.74286.25247.36229.63225.91
Total Shareholders Funds770.68645.96498.77382.49373.05343.84294.32255.43237.7233.98
Secured Loans 007.790.72104.6829.6312.828.7724.4516.78
Unsecured Loans 0.440.260.480.98000000
Total Debt0.440.268.271.7104.6829.6312.828.7724.4516.78
Other Liabilities1.060.880.720.880.730.570.16000
Total Liabilities772.18647.1507.76385.07478.46374.04307.28284.2262.15250.76
APPLICATION OF FUNDS :
Gross Block 239.02214.31162.77148.33139.11116.93104.199.0293.1990.1
Less : Accumulated Depreciation 47.9443.1538.4533.6429.0225.5822.4119.5616.813.48
Net Block 191.08171.16124.32114.69110.0991.3581.6979.4676.3976.62
Capital Work in Progress13.044.9722.417.2411.0512.284.290.200
Investments 56.3156.7851.9351.9351.9951.9752.8854.3151.8951.89
Inventories 276.79438.56259.8192.48310.7394.62229.8135.49152.99130.99
Sundry Debtors 313.16265.01292.83190.93263.69278.56176.19134.9148.65133.09
Cash and Bank Balance169.26119.5842.1733.615.2226.0216.3810.6411.5824.14
Loans and Advances 18.5335.1917.2318.0829.0140.8313.9923.7818.6922.11
Total Current Assets777.74858.34612.03435.1608.63740.02436.37304.81331.91310.32
Current Liabilities 258.64437.48294.05227.55295.11514.88259.28147.64185.2178.04
Provisions 0.220.220.230.180.170.852.543.8410.098.03
Total Current Liabilities & Provisions258.86437.7294.27227.73295.28515.73261.82151.49195.29186.08
Net Current Assets518.88420.64317.76207.37313.35224.29174.54153.32136.62124.24
Deferred Tax Assets1.090.650.490.770.620.450.330.210.50.5
Deferred Tax Liability10.358.6810.018.249.637.926.954.063.483.01
Net Deferred Tax-9.26-8.03-9.52-7.47-9.01-7.47-6.62-3.85-2.98-2.51
Other Assets2.131.580.881.310.971.630.50.760.230.51
Total Assets772.18647.1507.76385.06478.44374.05307.28284.2262.15250.75
Contingent Liabilities75.26110.79101.93120.38124.6481.3369.7170.988.536.24

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...294.55
Depreciation9.43
Interest (Net)8.7
Dividend Received0.02
P/L on Sales of Assets-0.3
Prov. and W/O (Net)-0.71
P/L in Forex0.84
Fin. Lease and Rental Charges-2.98
Total Adjustments (PBT and Ext...14.97
Operating Profit before Workin...309.52
Trade and 0ther Receivables-31.18
Inventories166.48
Trade Payables-161.1
Loans and Advances-3.33
Total Adjustments (OP before W...-38.72
Cash Generated from/(used in) ...270.8
Direct Taxes Paid-61.3
Total Adjustments(Cash Generat...-61.3
Cash Flow before Extraordinary...209.5
Net Cash from Operating Activi...209.5
Purchased of Fixed Assets-35.27
Sale of Fixed Assets0.34
Purchase of Investments-1.37
Interest Received2.38
Net Cash used in Investing Act...-78.82
Of the Short Term Borrowings-29.81
Of Financial Liabilities-0.26
Dividend Paid-54.24
Interest Paid-11.72
Net Cash used in Financing Act...-96.03
Net Profit before Tax and Extr...242.15
Depreciation6.1
Interest (Net)7.32
Dividend Received0.02
P/L on Sales of Assets-0.3
Prov. and W/O (Net)-0.36
P/L in Forex-5.92
Fin. Lease and Rental Charges-2.98
Total Adjustments (PBT and Ext...3.85
Operating Profit before Workin...246
Trade and 0ther Receivables-48.24
Inventories161.77
Trade Payables-165.96
Loans and Advances0.83
Total Adjustments (OP before W...-40.5
Cash Generated from/(used in) ...205.5
Direct Taxes Paid-61.3
Total Adjustments(Cash Generat...-61.3
Cash Flow before Extraordinary...144.2
Net Cash from Operating Activi...144.2
Purchased of Fixed Assets-34.35
Sale of Fixed Assets0.34
Purchase of Investments-1.37
Interest Received2.37
Net Cash used in Investing Act...-77.56
Of Financial Liabilities-0.26
Dividend Paid-54.24
Interest Paid-9.91
Net Cash used in Financing Act...-64.41

Company Details

Registered Office
AddressPlot No 3303,
GIDC Estate
CityAnkleshwar
StateGujarat
Pin Code393002
Tel. No.91-2646-221068
Fax. No.91-2646-250281
Emailcs@panamapetro.com; ankl@panamapetro.com
Internethttp://www.panamapetro.com
Registrars
AddressPlot No 3303
CityAnkleshwar
StateGujarat
Pin Code393002
Tel. No.91-2646-221068
Fax. No.91-2646-250281
Emailcs@panamapetro.com; ankl@panamapetro.com
Internethttp://www.panamapetro.com
Management
Name Designation
Amirali E RayaniChairman & Exec. Director
Amin A RayaniManaging Director & CEO
Hussein V RayaniJoint MD & Executive Director
Samir A RayaniExecutive Director
Mukesh T MehtaIndependent Non Exe. Director
Madan Mohan JainIndependent Non Exe. Director
Nargis Mirza KabaniIndependent Non Exe. Director
Kumar Raju NandimandalamIndependent Non Exe. Director