Is Panasonic Energy India Company a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Panasonic Energy India Company Ltd is a below average quality company .

Is Panasonic Energy India Company undervalued or overvalued?

The key valuation ratios of Panasonic Energy India Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Panasonic Energy India Company share price return in the past 10 years?

Panasonic Energy India Company Ltd share price has appreciated 20.8% annually (CAGR) over the past ten years.

Is Panasonic Energy India Company a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Panasonic Energy India Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Panasonic Energy India Company?

The latest standalone P/E ratio of Panasonic Energy India Company as of 25-Apr-2024 is 82.44.

What is the P/B ratio of Panasonic Energy India Company?

The latest standalone P/B ratio of Panasonic Energy India Company as of 25-Apr-2024 is 3.82.

What is the 52-week high and low of Panasonic Energy India Company?

The 52-week high of Panasonic Energy India Company is Rs. 615.00 and the 52-week low is Rs. 220.05.

Panasonic Energy India Company Ltd - Stock Valuation and Financial Performance

Name: Panasonic Energy India Company
Brand: Panasonic Energy India Company

BSE: 504093 | NSE: LAKHNNATNL | Batteries | Small Cap

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Panasonic Energy Ind Share Price

₹520.05 -4.45 -0.85%
as on 25-Apr'24 16:01

10 Year X-Ray of Panasonic Energy Ind:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	10.9%	21.4%	18.4%	6.4%	9.7%	4.8%	3.5%	10.4%	8.6%	-5.3%	-
Value Creation Index ⓘ	-0.2	0.5	0.3	-0.6	-0.3	-0.7	-0.8	-0.3	-0.4	-1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	225	238	241	208	206	207	204	232	242	253	281
Sales YoY Gr.	-	6.2%	1.2%	-13.7%	-1.3%	0.8%	-1.9%	14.2%	4%	4.9%	-
Adj EPS ⓘ	9.8	22.4	21.9	8	12.9	6.4	4.4	13.8	12.1	-7.4	6.3
YoY Gr.	-	127.9%	-2.2%	-63.4%	60.6%	-50.5%	-30.8%	213.4%	-12.2%	-161%	-
BVPS (₹) ⓘ	97.3	112.5	126.1	130.6	136.8	134.6	132.1	141.5	144.8	122.4	136
Adj Net Profit ⓘ	7.4	16.8	16.4	6	9.6	4.8	3.3	10.3	9.1	-5.5	5
Cash Flow from Ops. ⓘ	9.8	20	2.2	33.2	-1.7	8	-2.4	19.6	-6.7	-8.5	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	1.4%	4.3%	7.6%	4.9%
Adj EPS ⓘ	-196.9%	-189.5%	-218.9%	-161%
BVPSⓘ	2.6%	-2.2%	-2.5%	-15.5%
Share Price	20.8%	21.5%	35.4%	126%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	10.4	21.4	18.4	6.2	9.6	4.7	3.3	10.1	8.5	-5.5	4.9
Op. Profit Mgn % ⓘ	6.3	10.1	9.6	3.8	6	2.5	2.6	6	5.2	-2.3	2.6
Net Profit Mgn % ⓘ	3.3	7.1	6.8	2.9	4.7	2.3	1.6	4.5	3.8	-2.2	1.7
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	91	90	98	100	95	95	98	86	89	115	71
Cash Conv. Cycle ⓘ	59	60	66	62	44	43	50	38	38	50	44

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.90%

Sales growth is good in last 4 quarters at 11.66%

Sales growth has been subdued in last 3 years 7.56%

Net Profit has been subdued in last 3 years -218.87%

Latest Financials - Panasonic Energy India Company Ltd.

	Standalone	Consolidated
TTM EPS (₹)	6.3	-
TTM Sales (₹ Cr.)	281	-
BVPS (₹.) ⓘ	136	-
Reserves (₹ Cr.) ⓘ	95	-
P/BV ⓘ	3.82	-
PE ⓘ	82.44	-

From the Market
52 Week Low / High (₹)	220.05 / 615.00
All Time Low / High (₹)	15.80 / 615.00
Market Cap (₹ Cr.)	390
Equity (₹ Cr.)	7.5
Face Value (₹)	10
Industry PE ⓘ	37.2

Management X-Ray of Panasonic Energy Ind:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Panasonic Energy Ind

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Panasonic Energy Ind

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	225	238	241	208	206	207	204	232	242	253
Operating Expenses ⓘ	210	214	218	200	193	203	199	219	229	260
Manufacturing Costs	20	21	21	19	18	18	16	17	17	16
Material Costs	141	141	142	126	115	121	117	131	139	167
Employee Cost	26	28	30	32	34	38	43	45	46	53
Other Costs ⓘ	24	24	26	23	26	27	23	25	27	24
Operating Profit ⓘ	14	24	23	8	12	5	5	13	12	-6
Operating Profit Margin (%)	6.2%	10.1%	9.6%	3.8%	6.0%	2.2%	2.3%	5.8%	5.1%	-2.5%
Other Income ⓘ	2	4	4	4	4	4	4	4	4	4
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	3	2	2	2	2	3	3	3	3	3
Exceptional Items ⓘ	0	1	0	0	0	0	0	0	0	-8
Profit Before Tax ⓘ	13	27	25	10	14	6	5	14	13	-14
Tax ⓘ	5	9	8	4	4	1	2	4	3	-3
Profit After Tax	7	18	17	6	10	5	3	10	9	-11
PAT Margin (%)	3.3%	7.5%	6.8%	3.0%	4.8%	2.2%	1.5%	4.4%	3.9%	-4.2%
Adjusted EPS (₹)	9.9	23.8	22.0	8.4	13.1	6.2	4.2	13.8	12.5	-14.2
Dividend Payout Ratio (%)	35%	29%	32%	66%	54%	65%	95%	58%	60%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	73	84	95	98	103	101	99	106	109	92
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	65	77	87	90	95	93	92	99	101	84
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	5	5	7	10	9	8	8	13	11	15
Others Liabilities ⓘ	28	38	31	24	22	17	23	20	22	24
Total Liabilities ⓘ	106	127	133	132	133	127	131	139	141	131
Fixed Assets
Gross Block	109	109	115	19	23	24	31	32	34	35
Accumulated Depreciation	93	95	96	2	5	7	8	8	11	11
Net Fixed Assetsⓘ	16	14	19	17	19	16	22	24	23	24
CWIP ⓘ	0	5	0	1	0	5	0	0	2	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	23	24	27	31	29	30	36	27	38	44
Trade Receivables	26	28	37	8	5	3	4	6	6	10
Cash Equivalents	26	40	33	63	56	55	49	64	50	14
Others Assetsⓘ	15	16	17	12	24	17	18	19	24	39
Total Assets ⓘ	106	127	133	132	133	127	131	139	141	131

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	10	20	2	33	-2	8	-2	20	-7	-8
PBT ⓘ	13	27	25	10	14	6	5	14	13	-14
Adjustment ⓘ	2	-1	-1	-3	-1	0	1	1	0	1
Changes in Working Capital ⓘ	-1	0	-14	29	-8	5	-6	9	-17	4
Tax Paid ⓘ	-4	-7	-8	-3	-6	-3	-2	-4	-3	1
Cash Flow From Investing Activity ⓘ	1	-3	-3	-19	5	10	-10	-11	15	10
Capex	0	-5	-6	-1	-3	-6	-2	-4	-4	-1
Net Investments	0	0	0	0	5	13	-11	-11	17	9
Others ⓘ	1	2	4	-18	3	3	3	3	3	1
Cash Flow From Financing Activityⓘ	-2	-3	-6	-6	-5	-6	-4	-4	-7	-6
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-2	-3	-6	-6	-5	-6	-3	-3	-6	-5
Others ⓘ	0	0	0	0	0	0	-1	-1	-1	-1
Net Cash Flow ⓘ	9	14	-7	8	-1	12	-17	4	2	-5

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	10.51	22.68	18.48	6.52	9.77	4.53	3.15	10.06	8.74	-10.62
ROCE (%)	18.35	34.45	27.92	10.45	13.74	5.88	5.51	14.08	11.86	-13.82
Asset Turnover Ratio	2.51	2.31	2.14	1.83	1.59	1.6	1.58	1.72	1.72	1.86
PAT to CFO Conversion(x)	1.43	1.11	0.12	5.5	-0.2	1.6	-0.67	2	-0.78	N/A
Working Capital Days
Receivable Days	36	37	42	34	12	7	7	8	9	11
Inventory Days	35	32	34	45	52	52	59	50	49	59
Payable Days	17	13	15	25	30	26	26	30	32	29

Panasonic Energy India Company Ltd Stock News

Panasonic Energy India Company Ltd FAQs

What is the share price of Panasonic Energy Ind?

Company share prices are keep on changing according to the market conditions. The closing price of Panasonic Energy Ind on 25-Apr-2024 16:01 is ₹520.0.

What is the market cap of Panasonic Energy Ind?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Panasonic Energy Ind stood at ₹390.0.

What is the P/E ratio of Panasonic Energy Ind?

The latest P/E ratio of Panasonic Energy Ind as of 25-Apr-2024 16:01 is 82.44.

What is the P/B ratio of Panasonic Energy Ind?

The latest P/B ratio of Panasonic Energy Ind as of 25-Apr-2024 16:01 is 3.82.

What is the 52-week high and low of Panasonic Energy Ind?

The 52-week high of Panasonic Energy Ind is ₹615.0 and the 52-week low is ₹220.1.

What is the TTM revenue of Panasonic Energy Ind?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panasonic Energy Ind is ₹280.7 ( Cr.) .

About Panasonic Energy India Company Ltd

Indiaâ€™s former Prime Minister Late Indira Gandhi when she visited Japan, was highly impressed by the business policy of Late Konusuke Matsushita. It was then decided to set up a dry cell battery unit in financial & technical collaboration with Matsushita Electric Industrial Company Limited, Japan, the leaders in this field.

Late D D Lakhanpal, the founder of the Panasonic Energy India Co Ltd. formerly Panasonic Battery India Co Ltd & Konusuke Matsushita laid the foundation stone of the Lakhanpal National at G I D C Makarpura Industrial Estate, Vadodara.

The incorporation of the company took place on May 21,1972. The building work and installation of the machinery from Japan was undertaken rapidly & the production commenced from July 2, 1973 with metal jacketed cell in Hyper Grade in UM-1 & UM-2 segments. On October 1, 1973 the company introduced Hi-Top grade performance cell for the first time in India and on January 1, 1976 it introduced paper jacketed 'Special' cells.

Since then, the company has progressed between ups and downs by sincere efforts of management & employees and the future has been paved for higher achievements.

Business area of the company:

Manufacturing and sales of batteries and battery appliances, manufacturing and sales of battery component parts and machinery spare parts.

The company offers its products under the Panasonic Gold Plus, Panasonic Hyper, Panasonic Metal, Novino Hyper, Novino Raja, and Novino Jumbo brand names.

Milestones

1973- Production commenced of metal jacketed cell in 'Novino Hyper' grade UM-1 and UM-2. First dispatch of Metal Jacket leak proof Novino. Introduced HI - Top grade high performance cells for the first time in India.
1975- Initiate export activities
1976- Introduced paper jacketed 'Novino Special' UM-1 cells.Introduction of UM-3 pencil dry cell battery.
1987- Foundation stone of Pithampur Project laid.
1989- Launched 'Novino Gold' - Zinc Chloride Metal Jacket battery for the first time in IndiaPioneers of Gold Segment in India.
1994- Awarded ISO - 9001 Certificate.
1995- Introduced 'Novino Sumo' 1S and 3S battery - first ever eco - friendly battery in India
1997- Awarded ISO 14001 Certificate.
2003- ISO - 9001 : 2000
2004- ISO 14000
2005- It is the only manufacturer of AAA dry battery in India.
2006- Awarded ISO 14001 New Version (with ISO 9001) The only Panasonic battery company in India.
2010 - Established as the only battery company in India, manufacturing 100% eco friendly (Cd and Hg free) batteries
Brand unification from "NOVINO" to "Panasonic" completed
Achieved 10.0 billion dry cell battery production .
2011 - Achieved 5.0 billion production at Pithampur factory.
Launched India's highest performing "Panasonic Ultimate" dry cell battery with longest shelf life of 36 months.

Achievements/ recognition:

Received Exports Awards
The Only supplier to Defence with Self Certification status. Also registered supplier to Indian
Railways under DGS&D R/C, CSD and other PSUs.
Zinc Chloride Technology
Environment Friendly Product
Virgin Seal
Innovative Blister Packing
'Best Use Before' On Products
Pioneer in Manufacturing of AAA batteries
ISO 9001 : Certification (QMS) Quality Policy
ISO 14001 Certification (EMS) Environment Policy