Panasonic Energy India Company Ltd - Stock Valuation and Financial Performance

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

Panasonic Energy India Company Ltd Share Price

442.85 -4.55 -1.02%
as on 21-Feb'24 16:59

DeciZen - make an informed investing decision on Panasonic Energy Ind

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Panasonic Energy India Company stock performance -

mw4me loader
P/E Ratio (SA):
70.20
Market Cap:
332.1 Cr.
52-wk low:
200.6
52-wk high:
489

Is Panasonic Energy India Company Ltd an attractive stock to invest in?

1. Is Panasonic Energy India Company Ltd 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.

2. Is Panasonic Energy India Company Ltd 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 Overvalued zone.

3. Is Panasonic Energy India Company Ltd 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.

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Panasonic Energy India Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.9%21.4%18.4%6.4%9.7%4.8%3.5%10.4%8.6%-5.3%-
Value Creation
Index
-0.20.50.3-0.6-0.3-0.7-0.8-0.3-0.4-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 225238241208206207204232242253281
Sales YoY Gr.-6.2%1.2%-13.7%-1.3%0.8%-1.9%14.2%4%4.9%-
Adj EPS 9.822.421.9812.96.44.413.812.1-7.46.3
YoY Gr.-127.9%-2.2%-63.4%60.6%-50.5%-30.8%213.4%-12.2%-161%-
BVPS (₹) 97.3112.5126.1130.6136.8134.6132.1141.5144.8122.4136
Adj Net
Profit
7.416.816.469.64.83.310.39.1-5.55
Cash Flow from Ops. 9.8202.233.2-1.78-2.419.6-6.7-8.5-
Debt/CF from Ops. 0000000000-

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%
BVPS2.6%-2.2%-2.5%-15.5%
Share Price 24% 18.1% 27% 88.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.421.418.46.29.64.73.310.18.5-5.54.9
Op. Profit
Mgn %
6.310.19.63.862.52.665.2-2.32.6
Net Profit
Mgn %
3.37.16.82.94.72.31.64.53.8-2.21.7
Debt to
Equity
0000000000-
Working Cap
Days
919098100959598868911571
Cash Conv.
Cycle
5960666244435038385044

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 3.26 -
PE 70.20 -
From the Market
52 Week Low / High (₹) 200.60 / 489.00
All Time Low / High (₹) 15.80 / 489.00
Market Cap (₹ Cr.) 332
Equity (₹ Cr.) 7.5
Face Value (₹) 10
Industry PE 29.9

Management X-Ray of Panasonic Energy Ind:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Panasonic Energy Ind

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Panasonic Energy India Company Ltd Stock News

Panasonic Energy India Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Panasonic Energy Ind on 21-Feb-2024 16:59 is ₹442.9.
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 21-Feb-2024 16:59 the market cap of Panasonic Energy Ind stood at ₹332.1.
The latest P/E ratio of Panasonic Energy Ind as of 21-Feb-2024 16:59 is 70.20.
The latest P/B ratio of Panasonic Energy Ind as of 21-Feb-2024 16:59 is 3.26.
The 52-week high of Panasonic Energy Ind is ₹489.0 and the 52-week low is ₹200.6.
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

India’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
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