Panama Petrochem Ltd Stock Analysis

BSE: 524820 | NSE: PANAMAPET | Lubricants | Small Cap

BSE Share Price 28-Mar-2023 13:18
271.05 -4.55 (-1.65%)

DeciZen - Make an Informed Decision on Panama Petrochem

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Panama Petrochem Price Chart

P/E Ratio ( SA) :
9.03
Market Cap :
1,667.2 Cr.
52-wk low :
239
52-wk high :
424.8
Bole Toh?

1. Is Panama Petrochem Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Panama Petrochem Ltd is a average quality company.

2. Is Panama Petrochem Ltd undervalued or overvalued?

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

3. Is Panama Petrochem Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Panama Petrochem 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 Panama Petrochem:

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.
Panama Petrochem Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 9.1%8.9%7.8%10.7%15%18.5%14.2%6.7%28.6%30.4%-
Value Creation Index -0.4-0.4-0.4-0.20.10.30.0-0.51.01.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6355917306657251,1701,0788131,2021,5401,678
YoY Gr. Rt. %--6.8%23.4%-8.9%9.1%61.3%-7.9%-24.6%47.8%28.1%-
Adj EPS 2.53.12.546.69.17.73.220.428.430.5
YoY Gr. Rt. %-22.3%-18.6%60.8%63.7%38.2%-15.3%-58.3%534%39.7%-
BVPS (₹) 35.938.739.342.248.756.861.763.282.5106.8124.8
Adj Net Profit 16.218.615.124.339.85546.619.4123172185
Cash Flow from Ops. -62.722.5-5.520.33628.7-47.416630.9151-
Debt/CF from Ops. -0.40.8-4.51.40.41-2.200.30-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.4%16.2%12.6%28.1%
Adj EPS 31%34%54.6%39.7%
BVPS 12.91720.129.5
Share Price 31.2% 7.4% 111.6% 2.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 7.186.49.914.517.2135.127.930.126.4
Op. Profit Mgn % 4.25.43.96.99.68.48.44.714.415.116.2
Net Profit Mgn % 2.63.12.13.75.54.74.32.410.211.211
Debt to Equity 0.10.10.10.100.10.3000-
Working Cap Days 1431611461631761892452571731820
Cash Conv. Cycle 83537484537679555500

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 26.40%

Sales growth is growing at healthy rate in last 3 years 12.61%

Net Profit is growing at healthy rate in last 3 years 54.56%

Sales growth is not so good in last 4 quarters at 4.36%

Latest Financials - Panama Petrochem Ltd.

Standalone Consolidated
TTM EPS (₹) 30.5 39.4
TTM Sales (₹ Cr.) 1,678 2,247
BVPS (₹.) 124.8 151.8
Reserves (₹ Cr.) 743 906
P/BV 2.21 1.83
PE 9.03 7.05
From the Market
52 Week Low / High (₹) 239.00 / 424.75
All Time Low / High (₹) 0.14 / 424.75
Market Cap (₹ Cr.) 1,667
Equity (₹ Cr.) 12.1
Face Value (₹) 2
Industry PE 11

Management X-Ray of Panama Petrochem :

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 Panama Petrochem

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Panama Petrochem Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Panama Petrochem on 28-Mar-2023 13:18 is : 271.1.
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 28-Mar-2023 13:18 the market cap of Panama Petrochem stood at ₹ 1,667.2.
The latest PE ratio of Panama Petrochem as of 28-Mar-2023 13:18 is 9.03.
The latest PB ratio of Panama Petrochem as of 28-Mar-2023 13:18 is 2.21
The 52-week high of Panama Petrochem is ₹ 424.8 and the 52-week low is ₹ 239.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Panama Petrochem is ₹ 1,678 ( Cr.) .

About Panama Petrochem Ltd

Panama Petrochem established in 1975 is one of India’s leading manufacturers and exporters of petroleum specialty products. Their focus is to consistently provide quality services. Their petroleum products are in great demand for various industries like inks and resins, textiles, rubber, pharmaceuticals, cosmetics, power, cables and other different industrial purposes. Panama Petrochem Limited is also listed on the Mumbai Stock Exchange.

Panama Petrochem manufactures more than 80 product variants vital for nearly six to seven industry segments. They are in league with the giants of each industry. They are in collaboration with Lubcon, Germany for distribution of their specialized products . Last but certainly not the least, they also furnish various Power Generation Boards and Atomic Research Centers with their required products. Since they realize how significant every client is to them, they keep in mind each client’s specifications and needs, ensuring customer satisfaction and an excellent rapport. This policy that they follow guarantees little scope for dissatisfaction from the customer’s end.

Their business is spread across India in the form of four manufacturing plants at Ankleshwar(Gujarat), Daman(Union Territory), Marol (Mumbai) and Taloja (Dist. Raigadh).  Panama Petrochem Ltd. is progressing every day, and their increasing turnover and better results period after period proves this.

The company is in the field of petroleum speciality oils and solvents for more than 25 years. Its Ankleshwar Plant is one of the best of its kind in terms of huge production capacity with large storage tanks and warehouses.

The company’s specialization and expertise is their strength so that they continuously add new and more value-added products in their list so as to serve the niche market and stay always abreast of their competitors. They have procured all the required statutory approvals that permit them to supply their various oil products to the different industries. Their clients have complete faith in the quality of each of their products, which is why they have received a great response from customer’s end.

By exploring international markets, Panama Petrochem continuously aims to bring about a rise in the exports. They export a variety of their products like Petroleum Jelly, Liquid Paraffin, Transformer Oil and Rubber Process Oil to different countries like USA, UK, Europe, Middle East, Australia, African Sub-continent, South East Asia etc . Good infrastructure for the company and their state-of-the-art Research and Development center help them to simultaneously cater to domestic and international needs.

Product range of the company includes:

  • White Oil
  • Turbine Oil
  • Spray Oil and Hydraulic Oil
  • Transformer Oil
  • Petroleum Jelly
  • Liquid Paraffins
  • White Soft Paraffins
  • Petrolatum

It also manufactures Ink Oils (Solvents for Printing Inks & Resins) of various grades and can also supply as per customers specification. Its Ink oils find good market in different printing ink & resin manufacturers. Recently the company has developed wax blends & highly aromatic petroleum oils for rubber industries, which are well accepted by some of the leading tyre manufacturers.

The company provides their petroleum specialty products to:

  • Cosmetic Industries
  • Phamaceutical Industries
  • Ink and Resins Industries
  • Transformer MFG Industries
  • Rubber and Tyre Industries
  • Textile Industries
  • Cable MFG Industries
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