Panama Petrochem Ltd

NSE :PANAMAPET   BSE :524820  Sector : Petrochemicals
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13 Dec
407.20
(0.90%)
12 Dec
403.55
(0.90%)
11 Dec
399.95
(2.63%)
10 Dec
389.70
(-1.57%)
09 Dec
395.90
(0.04%)
06 Dec
395.75
(0.18%)
05 Dec
395.05
(3.81%)
04 Dec
380.55
(3.78%)
03 Dec
366.70
(6.85%)
02 Dec
343.20
(-0.88%)
29 Nov
346.25
(-0.35%)
28 Nov
347.45
(2.03%)
27 Nov
340.55
(-0.32%)
26 Nov
341.65
(2.77%)
25 Nov
332.45
(1.78%)
22 Nov
326.65
(5.54%)
21 Nov
309.50
(-0.29%)
19 Nov
310.40
(-0.45%)
18 Nov
311.80
(-1.90%)
14 Nov
317.85
(-0.81%)
13 Nov
320.45
(-5.79%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Neutral

Long Term Investors

Neutral

Moving Averages

5 DMA
Bullish

399.26


10 DMA
Bullish

387.89


20 DMA
Bullish

358.13


50 DMA
Bullish

371.03


100 DMA
Bullish

390.59


200 DMA
Bullish

374.23



Intraday Support and Resistance
(Based on Pivot Points) undefined |

Updated On Dec 13, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 432.14 421.07 412.15 - -
R2 421.07 414.19 410.5 422.1 -
R1 414.14 409.95 408.85 416.2 417.6
P 403.07 403.07 403.07 404.1 404.8
S1 396.14 396.19 405.55 398.2 399.6
S2 385.07 391.95 403.9 386.1 -
S3 378.14 385.07 402.25 - -

Key Metrics

EPS

20.56

P/E

19.83

P/B

2.78

Dividend Yield

1.72%

Market Cap

2,463 Cr.

Face Value

2

Book Value

146.9

ROE

18.99%

EBITDA Growth

60.08 Cr.

Debt/Equity

0.01

Shareholding Pattern

  61.94% Total Promoter Holding
0.06% Mutual Fund Holdings
14.71% FIIs
23.29% Non Institution
0% Insurance Companies
0% Custodians
0% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Panama Petrochem Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 578.27 514.09 745.56 672.72 701.61
PROFIT 46.92 41.36 60.98 50.17 44.09
EPS 7.75 6.84 10.08 8.29 7.29

Panama Petrochem Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
INCOME 457.23 374.19 502.88 415.34 447.75
PROFIT 33.01 30.61 36.89 31.84 25.01
EPS 5.46 5.06 6.1 5.26 4.13

Profit & Loss (Figures in Rs. Crores)


Panama Petrochem Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 816.79 768.96 891 1306.94 1295.43 961.45 1455.24 2106.57 2254.25 2377.37
PROFIT 17.71 25.17 43.16 60.91 51.87 28.77 135.35 230.32 232.73 192.02
EPS 2.65 4.09 7.24 10.08 8.58 4.76 22.37 38.07 38.51 32.26

Panama Petrochem Ltd Profit & Loss


Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
INCOME 727.05 667.14 737.04 1175.05 1081.55 807.26 1234.47 1527.72 1713.41 1742.34
PROFIT 13.76 20.22 40.33 54.3 38 18.22 123.43 171.39 180.35 130.57
EPS 1.99 3.27 6.7 8.99 6.28 3.01 20.4 28.33 29.85 21.69

Balance Sheet (Figures in Rs. Crores)

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 12.112.112.112.112.112.112.18.078.078.07
Reserves Total 1,090.61939.98756.11548.87420.92401.67359.42304.72264.33241.02
Total Shareholders Funds1,102.71952.08768.21560.97433.02413.77371.52312.79272.4249.09
Secured Loans 25.49029.8165.1749.69159.945.1332.5857.4341.75
Unsecured Loans 0.520.440.260.480.9800000
Total Debt26.010.4430.0765.6550.67159.945.1332.5857.4341.75
Other Liabilities1.921.451.140.720.880.730.570.1600
Total Liabilities1,130.64953.97799.42627.34484.57574.4417.22345.53329.83290.84
APPLICATION OF FUNDS :
Gross Block 362.25314.82289.19236.55216.49193.07164.95151.66144.39136.25
Less: Accumulated Depreciation75.6367.2159.0751.543.9636.8131.3826.3521.7917.29
Net Block286.62247.61230.12185.05172.53156.26133.57125.31122.6118.96
Capital Work in Progress1.1913.044.9722.417.2411.0514.44.290.20
Investments 1.974.454.920.080.070.140.111.022.450.03
Inventories 491.51324.05490.53365.06253.93383.6445.03302.19164.77167.24
Sundry Debtors 405.81348.93317.49323.19251.06313.9280.24182.67153.5173.94
Cash and Bank Balance133.17221.76139.3174.7840.8815.7134.2522.815.2712.05
Loans and Advances 86.1572.8164.2721.219.8828.9356.4514.2623.5618.71
Total Current Assets1,116.64967.551,011.6784.22565.76742.14815.97521.93357.09371.94
Current Liabilities 267.25271.33445.52355.55264.68335.62550.42314.09154.1193.82
Provisions 0.240.220.220.230.180.170.852.543.8410.09
Total Current Liabilities & Provisions267.49271.55445.74355.77264.87335.79551.27316.64157.95203.91
Net Current Assets849.15696565.86428.44300.89406.35264.7205.29199.14168.03
Deferred Tax Assets0.541.090.650.490.770.620.450.330.210.5
Deferred Tax Liability11.7810.358.6810.018.249.637.926.954.063.48
Net Deferred Tax-11.24-9.26-8.03-9.52-7.47-9.01-7.47-6.62-3.85-2.98
Other Assets2.952.131.580.881.319.6111.9116.239.286.8
Total Assets1,130.64953.97799.42627.33484.57574.4417.22345.53329.81290.83
Contingent Liabilities113.2675.26110.79101.93120.38124.6481.3369.717.968.53
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 12.112.112.112.112.112.112.18.078.078.07
Reserves Total 843.37758.58633.86486.67370.39360.95331.74286.25247.36229.63
Total Shareholders Funds855.47770.68645.96498.77382.49373.05343.84294.32255.43237.7
Secured Loans 25.49007.790.72104.6829.6312.828.7724.45
Unsecured Loans 0.520.440.260.480.9800000
Total Debt26.010.440.268.271.7104.6829.6312.828.7724.45
Other Liabilities1.261.060.880.720.880.730.570.1600
Total Liabilities882.74772.18647.1507.76385.07478.46374.04307.28284.2262.15
APPLICATION OF FUNDS :
Gross Block 298.82239.02214.31162.77148.33139.11116.93104.199.0293.19
Less : Accumulated Depreciation 53.9347.9443.1538.4533.6429.0225.5822.4119.5616.8
Net Block 244.89191.08171.16124.32114.69110.0991.3581.6979.4676.39
Capital Work in Progress1.1913.044.9722.417.2411.0512.284.290.20
Investments 53.8356.3156.7851.9351.9351.9951.9752.8854.3151.89
Inventories 361.14276.79438.56259.8192.48310.7394.62229.8135.49152.99
Sundry Debtors 378.56313.16265.01292.83190.93263.69278.56176.19134.9148.65
Cash and Bank Balance63.01169.26119.5842.1733.615.2226.0216.3810.6411.58
Loans and Advances 25.6118.5335.1917.2318.0829.0140.8313.9923.7818.69
Total Current Assets828.32777.74858.34612.03435.1608.63740.02436.37304.81331.91
Current Liabilities 236.96258.64437.48294.05227.55295.11514.88259.28147.64185.2
Provisions 0.240.220.220.230.180.170.852.543.8410.09
Total Current Liabilities & Provisions237.2258.86437.7294.27227.73295.28515.73261.82151.49195.29
Net Current Assets591.12518.88420.64317.76207.37313.35224.29174.54153.32136.62
Deferred Tax Assets0.541.090.650.490.770.620.450.330.210.5
Deferred Tax Liability11.7810.358.6810.018.249.637.926.954.063.48
Net Deferred Tax-11.24-9.26-8.03-9.52-7.47-9.01-7.47-6.62-3.85-2.98
Other Assets2.952.131.580.881.310.971.630.50.760.23
Total Assets882.74772.18647.1507.76385.06478.44374.05307.28284.2262.15
Contingent Liabilities113.2675.26110.79101.93120.38124.6481.3369.7170.988.53

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...240.77
Depreciation9.83
Interest (Net)13.16
P/L on Sales of Assets-2.96
P/L on Sales of Invest-0.9
Prov. and W/O (Net)0.2
P/L in Forex3.2
Fin. Lease and Rental Charges-3.64
Total Adjustments (PBT and Ext...18.9
Operating Profit before Workin...259.67
Trade and 0ther Receivables-56.24
Inventories-167.46
Trade Payables-18.01
Loans and Advances1.67
Total Adjustments (OP before W...-242.83
Cash Generated from/(used in) ...16.84
Direct Taxes Paid-44.79
Total Adjustments(Cash Generat...-44.79
Cash Flow before Extraordinary...-27.95
Net Cash from Operating Activi...-27.95
Purchased of Fixed Assets-49.33
Sale of Fixed Assets14.59
Sale of Investments6.01
Interest Received5.2
Net Cash used in Investing Act...66.43
Proceed from Short Tem Borrowi...25.49
Of Financial Liabilities-0.13
Dividend Paid-48.2
Interest Paid-17.58
Net Cash used in Financing Act...-40.42
Net Profit before Tax and Extr...176.87
Depreciation6.63
Interest (Net)12.57
P/L on Sales of Assets-0.01
P/L on Sales of Invest-0.9
Prov. and W/O (Net)0.2
P/L in Forex1.29
Fin. Lease and Rental Charges-3.64
Total Adjustments (PBT and Ext...16.15
Operating Profit before Workin...193.02
Trade and 0ther Receivables-64.76
Inventories-84.35
Trade Payables-23.37
Loans and Advances-0.43
Total Adjustments (OP before W...-180.36
Cash Generated from/(used in) ...12.66
Direct Taxes Paid-44.79
Total Adjustments(Cash Generat...-44.79
Cash Flow before Extraordinary...-32.13
Net Cash from Operating Activi...-32.13
Purchased of Fixed Assets-49.32
Sale of Fixed Assets0.03
Sale of Investments6.01
Interest Received5.03
Net Cash used in Investing Act...85.15
Proceed from Short Tem Borrowi...25.49
Of Financial Liabilities-0.13
Dividend Paid-48.2
Interest Paid-16.34
Net Cash used in Financing Act...-39.18

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
Hussein V RayaniJoint Managing Director
Samir A RayaniManaging Director & CEO
Nargis Mirza KabaniIndependent Non Exe. Director
Kumar Raju NandimandalamIndependent Non Exe. Director
Arif A. RayaniExecutive Director
Ashok Bhulchand MukhiIndependent Director
Arvind M ShahIndependent Director
Almas NandaIndependent Director