What is Panjon Ltd (526345) share price return in the past 10 years?

Data is not available for this company

What is the share price of Panjon Ltd (526345)?

Company share prices are keep on changing according to the market conditions. The current trading price of Panjon Ltd (526345) on 04-Jun-2026 16:59:59 at 16:59 is 20.26.

What is the P/E ratio of Panjon?

The latest standalone P/E ratio of Panjon as of 04-Jun-2026 is 48.10.

What is the P/B ratio of Panjon Ltd (526345)?

The latest standalone P/B ratio of Panjon Ltd (526345) as of 04-Jun-2026 is 2.01.

What is the 52-week high and low of Panjon Ltd (526345)?

The 52-week high of Panjon Ltd (526345) is Rs. 30.00 and the 52-week low is Rs. 16.10.

Panjon Ltd (526345) Share Analysis – Quality, Pipeline & Valuation Zone & DeciZen Rating

Name: Panjon Ltd (526345)
Brand: Panjon

Panjon Ltd (526345)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526345 NSE: Pharmaceuticals & Drugs | Small Cap | Panjon Share Price

Panjon Ltd (526345)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526345 NSE: Pharmaceuticals & Drugs | Small Cap | Panjon Share Price

Key Metrics

Valuation Multiples

Market Cap

₹35 Cr.

Current Price

₹20.3

52-Week Low / High

₹16 / 30

TTM EPS

₹0.4

TTM Sales

₹47.6 Cr.

Book Value per Share

₹10.1

P/E Ratio

48.10

Lower than its 5-year historical median

Industry PE

46.5

Price to Book (P/B)

2.01

In line with its 5-year historical median

Price to Sales (P/S)

0.73

Lower than its 5-year historical median

EV/EBITDA

29.34

Lower than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

2.52%

Underperforms industry median

Return on Capital Employed (ROCE)

4.01%

Underperforms industry median

Return on Assets (ROA)

2.26%

Operating Profit Margin

2.1%

Net Profit Margin

1.3%

Gross Profit Margin

2.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

142.71%

Operating Profit Growth (1 Year)

Net Profit Growth (1 Year)

166.67%

Asset Quality

Promoter Holding

56.69%

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

0.00%

Reserves

Equity

₹17.2 Cr.

Face Value

₹10

All Time Low / High

₹3.00 / 120.00

Panjon stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Panjon Ltd a good quality company?

Panjon Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Panjon Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Panjon Ltd vs industry peers?

Panjon Ltd revenue CAGR is 2.88%, compared to the industry median CAGR of 5.35%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Panjon Ltd?

Promoters hold 56.69% of the Panjon Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Panjon Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of 10.87% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.9%	1.8%	2%	2.6%	1.8%	1.6%	-25%	1.2%	1.4%	4%	-
Value Creation Index ⓘ	-0.9	-0.9	-0.9	-0.8	-0.9	-0.9	-2.8	-0.9	-0.9	-0.7	-
Growth Parameters ⓘ
Sales ⓘ	12.3	14	20.1	25.9	26.4	14.5	8.4	6.1	12.6	30.5	48
Sales YoY Gr.	-	14%	43.8%	29.1%	1.9%	-45%	-42%	-27.8%	106.1%	142.7%	-
Adj EPS ⓘ	0.3	0.1	0.1	0.1	-0	0.1	-2.7	0.5	0.1	0.2	0.4
YoY Gr.	-	-56%	-27.3%	12.5%	-122.2%	NA	-4566.7%	NA	-82.7%	155.6%	-
BVPS (₹) ⓘ	10.6	10.7	10.7	10.8	10.8	10.9	8.2	8.7	9.1	9.6	10.1
Adj Net Profit ⓘ	0.4	0.2	0.1	0.1	-0	0.1	-4.2	0.8	0.2	0.4	1
Cash Flow from Ops. ⓘ	-0.2	0.2	-0.2	0.5	0.4	0.3	1.8	0	-0.4	-4.3	-
Debt/CF from Ops. ⓘ	-7.2	7.1	-11.2	3.8	4.4	3.9	0.4	19.2	-3.4	-0.6	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	10.6%	2.9%	53.5%	142.7%
Adj EPS ⓘ	-0.9%	NA	NA	155.6%
BVPSⓘ	-1%	-2.2%	5.7%	5.8%
Share Price	-	-	12.8%	2.1%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	2.4	1	0.7	0.8	-0.2	0.6	-28.2	6.2	1.1	2.5	4.3
Op. Profit Mgn % ⓘ	-0.7	-0.1	1.3	1	1.2	1.3	-48	-0.1	-0.1	2.1	2.1
Net Profit Mgn % ⓘ	3.1	1.2	0.6	0.5	-0.1	0.7	-49.2	13.3	1.2	1.3	1.5
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0
Working Cap Days ⓘ	439	389	279	220	219	406	572	610	316	166	47
Cash Conv. Cycle ⓘ	351	303	143	65	79	163	232	263	146	78	32

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	12.26	13.98	20.10	25.94	26.43	14.54	8.43	6.09	12.55	30.46
Operating Expenses ⓘ +	12.39	14.06	19.83	25.67	26.10	14.35	12.48	6.10	12.57	29.82
Manufacturing Costs	0.60	0.46	0.97	1.24	0.98	0.89	1.20	1.37	1.43	0.99
Material Costs	10.26	12.26	17.62	22.07	23.03	11.16	3.68	1.26	8.11	25.09
Employee Cost	0.23	0.22	0.20	0.18	0.29	0.24	0.28	0.29	0.42	0.52
Other Costs ⓘ	1.30	1.13	1.04	2.18	1.81	2.06	7.31	3.18	2.60	3.22
Operating Profit ⓘ	-0.12	-0.08	0.26	0.27	0.32	0.19	-4.04	-0.01	-0.02	0.64
Operating Profit Margin (%)	-1.0%	-0.6%	1.3%	1.0%	1.2%	1.3%	-48.0%	-0.1%	-0.1%	2.1%
Other Income ⓘ +	0.43	0.52	0.21	0.36	0.29	0.33	0.30	0.38	0.45	0.31
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0.14	0.13	0.12	0.20	0.15	0.10	0.07	0.05	0.06	0.18
Depreciation ⓘ	0.14	0.13	0.11	0.15	0.27	0.23	0.20	0.21	0.22	0.23
Profit Before Tax ⓘ	0.02	0.18	0.24	0.28	0.19	0.19	-4.01	0.12	0.16	0.53
Tax ⓘ	-0.34	0.07	0.12	0.14	0.22	0.10	0.14	-0.69	0.01	0.13
Profit After Tax	0.36	0.12	0.12	0.14	-0.03	0.10	-4.15	0.81	0.15	0.40
PAT Margin (%)	3.0%	0.8%	0.6%	0.5%	-0.1%	0.7%	-49.2%	13.3%	1.2%	1.3%
Adjusted EPS (₹)	0.2	0.1	0.1	0.1	-0.0	0.1	-2.7	0.5	0.1	0.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Panjon - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	16.39	16.50	16.63	16.77	16.73	16.81	12.66	13.48	14.85	16.54
Share Capital ⓘ	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	16.31	17.17
Reserves ⓘ	0.89	1	1.13	1.27	1.23	1.31	-2.84	-2.02	-1.46	-0.62
Debt +	1.23	1.06	1.46	1.41	1.36	1.12	0.61	0.78	1.44	2.65
Long Term Debt	1.20	1.02	1.40	1.27	1.31	1.07	0.30	0.26	0.14	0.08
Short Term Debt	0.03	0.04	0.07	0.14	0.05	0.05	0.31	0.52	1.30	2.57
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.12	0.10	0.11	0.25	0.74	0.91	0.24	0.36	0.17	0.25
Others Liabilities ⓘ	-0.73	-0.64	-0.33	-0.33	-0.29	-0.19	0.06	-0.91	-0.27	-0.55
Total Liabilities ⓘ	17.01	17.03	17.87	18.10	18.54	18.65	13.57	13.71	16.18	18.89
Fixed Assets
Net Fixed Assets ⓘ +	0.84	0.74	0.72	0.87	1.12	0.96	0.95	0.91	0.90	1.09
Gross Block	6.64	6.68	6.77	7.07	7.59	7.66	7.84	8.02	8.22	8.65
Accumulated Depreciation	5.81	5.94	6.05	6.20	6.47	6.69	6.90	7.11	7.33	7.56
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	1.08	1.08	1.09	1.09	1.08	1.07	1.07	1.08	1.08	1.10
Inventories	2.94	3.25	3.35	3.62	3.81	3.87	3.77	3.48	3.74	4.62
Trade Receivables	8.78	8.47	0.93	1.68	3.30	3.71	0.61	1.56	1.81	3.26
Cash Equivalents	0.25	0.22	0.37	0.50	0.28	0.31	1.44	1.47	2.72	0.44
Others Assets ⓘ	3.12	3.26	11.42	10.33	8.95	8.72	5.74	5.21	5.93	8.38
Total Assets ⓘ	17.01	17.03	17.87	18.10	18.54	18.65	13.57	13.71	16.18	18.89

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.20	0.18	-0.17	0.49	0.35	0.34	1.82	0.04	-0.42	-4.34
PBT ⓘ	0.02	0.18	0.24	0.28	0.19	0.19	-4.01	0.12	0.16	0.53
Adjustment ⓘ	0.14	0.13	0.11	0.15	0.27	0.23	0.20	0.21	0.22	0.23
Changes in Working Capital ⓘ	-0.36	-0.09	-0.47	0.11	-0.07	-0.06	5.65	-0.27	-0.77	-5.02
Tax Paid ⓘ	-0	-0.03	-0.05	-0.05	-0.04	-0.03	0	-0.02	-0.02	-0.08
Cash Flow From Investing Activity ⓘ +	-0.06	-0.04	-0.08	-0.31	-0.51	-0.06	-0.19	-0.19	-0.21	-0.44
Capex	-0.06	-0.04	-0.08	-0.31	-0.52	-0.07	-0.19	-0.18	-0.20	-0.42
Net Investments	0	0	0	-0	0.01	0.01	-0	-0.01	-0	-0.01
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-0.19	-0.17	0.40	-0.05	-0.07	-0.24	-0.51	0.18	1.88	2.50
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0.81	0.86
Net Proceeds from Borrowing ⓘ	-0.19	-0.18	0.38	-0.12	0.04	-0.24	-0.77	-0.04	-0.12	-0.06
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0.01	0.02	0.07	-0.11	-0	0.26	0.22	1.18	1.71
Net Cash Flow ⓘ	-0.44	-0.03	0.15	0.13	-0.22	0.04	1.12	0.04	1.25	-2.27

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	2.23	0.71	0.74	0.84	-0.19	0.57	-28.17	6.2	1.07	2.52
ROCE (%)	0.94	1.75	2.03	2.59	1.84	1.6	-24.99	1.2	1.44	4.01
Asset Turnover Ratio	0.71	0.82	1.15	1.44	1.44	0.78	0.52	0.45	0.84	1.74
PAT to CFO Conversion(x)	-0.56	1.5	-1.42	3.5	N/A	3.4	N/A	0.05	-2.8	-10.85
Working Capital Days
Receivable Days	277.10	225.20	85.40	18.40	34.40	88	93.40	64.80	48.90	30.40
Inventory Days	80.90	80.80	59.90	49.10	51.30	96.40	165.50	217.30	105	50.10
Payable Days	9	3.30	2.20	3	7.80	27	56.70	85.80	11.80	3.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Panjon Ltd FAQs

The current trading price of Panjon on 04-Jun-2026 16:59 is ₹20.26.

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 03-Jun-2026 the market cap of Panjon stood at ₹34.78 Cr

The latest P/E ratio of Panjon as of 03-Jun-2026 is 48.10.

The latest P/B ratio of Panjon as of 03-Jun-2026 is 2.01.

The 52-week high of Panjon is ₹30.00 and the 52-week low is ₹16.10.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panjon is ₹47.62 ( Cr.) .

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

The key valuation ratios of Panjon Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Panjon Ltd

Panjon Limited was incorporated in 1964 by Mr. Nagin Bhai Kothari with an objective to manufacture and market FMCG & ayurvedic formulations. The company is presently promoted by Shri Nagin Bhai Kothari & his son Shri Jay Kothari, a renowned Indore based young entrepreneur. The company has its corporate office situated in Indore near the Airport.

Panjon is enjoys a tremendous goodwill amongst consumers & nutritional experts. The name brings smiles on millions of suffering faces & has stood the taste of the time. When the brand PANJON is behind the products they are well accepted by all. It is a vibrant & modern company which considers that growth is only worth if it benefits all. An innovative approach towards specialized Medicinal, Digestive, Ayurvedic & Confectionary products has been a solid image of the company. PANJON follows stringent global standards in formulating its Global Quality Products. The products of the company are sold all over India in FMCG & Medical segment markets with pride. The company is selling its formulations under its own brand name through a nationwide marketing network.

Business area of the company

The company manufactures and markets world class FMCG & Ayurveda formulations.

Product of the company

Panjon Tablet
Panjon balm & inhaler
Panjon cough syrup
Hinkargiri hair oil
Kery cough drops
Percy digestive candies
Swad digestive drops
Swad awla
Swad khajoor
Swad chatpati candy

Panjon Ltd (526345)

Panjon Ltd (526345)

Panjon stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Panjon - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Panjon Ltd FAQs

About Panjon Ltd

About MoneyWorks4Me

Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Panjon Ltd (526345)

Panjon Ltd (526345)

Panjon stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Panjon - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Panjon Ltd FAQs

What is the share price of Panjon?

What is the market cap of Panjon?

What is the P/E ratio of Panjon?

What is the P/B ratio of Panjon?

What is the 52-week high and low of Panjon?

What is the TTM revenue of Panjon?

Is Panjon Ltd a good quality company?

Is Panjon Ltd undervalued or overvalued?

Is Panjon Ltd a good buy now?

About Panjon Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.