PANAMA PETROCHEM LTD (PANAMAPET) financials

PANAMA PETROCHEM LTD (PANAMAPET) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Panama Petrochem Ltd. was incorporated in 1982 by Amirali E Rayani and is engaged in the conversion and manufacturing of crude oil derivatives to 80+ specialty products across segments.[1]

Market Cap: ₹3,109Cr.
Current Price: ₹514
Stock P/E: 9.36
ROE: 14.4%
ROCE: 19.8%
Book Value: ₹174
Dividend Yield: 0.58%
52W High / Low: ₹600/229

In Jun 2026, PANAMA PETROCHEM LTD (PANAMAPET) reported sales ₹1,248 Cr and net profit ₹218 Cr.

Annual TTM: sales ₹2,786 Cr, net profit ₹332 Cr.

Shareholding: Promoters 63.16% (Sep 2026), FIIs 11.13% (Sep 2026), DIIs 0.01% (Sep 2026), Public 25.70% (Sep 2026), No. of Shareholders 29,208% (Sep 2026).

PANAMAPET quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	445	461	456	424	504	484	550	1,248
Expenses	407	419	414	385	457	439	485	956
Operating Profit	38	42	42	39	47	45	65	292
OPM %	9%	9%	9%	9%	9%	9%	12%	23%
Other Income	2	3	4	4	3	4	3	4
Interest	5	3	4	2	3	1	2	3
Depreciation	2	2	2	2	2	2	2	2
Profit before tax	33	41	40	39	45	46	63	291
Tax %	25%	26%	28%	26%	26%	26%	26%	25%
Net Profit	25	30	29	29	33	34	47	218
EPS in Rs	4.13	5.04	4.84	4.76	5.53	5.63	7.76	35.96
Raw PDF	—	—	—	—	—	—	—	—

PANAMAPET profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	813	1,202	1,540	1,708	1,725	1,776	1,962	2,786
Expenses	777	1,031	1,308	1,456	1,536	1,607	1,765	2,336
Operating Profit	36	172	231	252	189	168	197	450
OPM %	4.4%	14%	15%	15%	11%	9%	10%	16%
Other Income	4	7	6	6	11	12	13	14
Interest	13	6	4	10	17	14	8	9
Depreciation	5	5	5	6	7	8	9	9
Profit before tax	22	168	227	242	177	158	193	446
Tax %	16%	26%	25%	25%	26%	26%	26%	—
Net Profit	18	123	171	181	131	117	143	332
EPS in Rs	3.01	20.40	28.33	29.85	21.70	19.27	23.69	54.88
Dividend Payout %	40%	10%	28%	27%	32%	16%	13%	—

PANAMAPET balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	12	12	12	12	12	12	12	12
Reserves	361	370	487	634	759	843	921	1,041
Borrowings	105	2	8	0	0	26	3	52
Other Liabilities	305	236	304	447	269	250	208	306
Total Liabilities	783	620	812	1,093	1,040	1,131	1,144	1,411
Fixed Assets	110	115	124	171	191	245	244	257
CWIP	11	17	22	5	13	1	14	17
Investments	52	52	52	57	56	54	71	86
Other Assets	610	436	613	860	780	831	815	1,051
Total Assets	783	620	812	1,093	1,040	1,131	1,144	1,411

PANAMAPET cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-47	166	31	151	144	-32	78	15
Cash from Investing Activity	-20	-14	-13	-110	-78	85	-33	-38
Cash from Financing Activity	47	-126	-7	-37	-64	-39	-74	23
Net Cash Flow	-21	26	11	4	2	14	-29	-1
Free Cash Flow	-68	152	11	122	110	-81	56	-13
CFO/OP	-34%	477%	41%	91%	82%	7%	70%	30%

PANAMAPET shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	61.94%	61.94%	62.22%	62.51%	63.16%	63.16%	63.16%	63.16%
FIIs	15.77%	12.44%	12.07%	12.02%	11.29%	11.28%	11.72%	11.13%
DIIs	0.05%	0.29%	0.35%	0.47%	0.67%	0.67%	0.67%	0.01%
Public	22.24%	25.32%	25.36%	24.99%	24.86%	24.88%	24.44%	25.70%
No. of Shareholders	26,145	25,412	24,952	25,951	26,068	25,780	26,973	29,208

PANAMAPET key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	89	86	89	63	67	80	81	88
Inventory Days	127	102	106	136	77	93	83	106
Days Payable	115	117	114	130	69	59	47	63
Cash Conversion Cycle	102	71	81	69	75	115	117	132
Working Capital Days	69	77	81	71	75	106	119	123
ROCE %	18%	8%	39%	40%	36%	23%	19%	20%

PANAMAPETUpdated 14 Oct 2026, 19:46

Panama Petrochem Ltd

PANAMAPETUpdated 14 Oct 2026, 19:46

Market Cap

₹3,109Cr.

Current Price

₹514

High / Low

₹600/229

Stock P/E

9.36

ROE14.4%

ROCE19.8%

Book Value₹174

Face Value₹2.00

Dividend Yield0.58%

About

Panama Petrochem Ltd. was incorporated in 1982 by Amirali E Rayani and is engaged in the conversion and manufacturing of crude oil derivatives to 80+ specialty products across segments.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	399	4	355	3	2	42	26	31	5.08
Sep 2023	455	4	407	2	2	44	26	33	5.46
Dec 2023	371	4	328	3	2	41	25	31	5.06
Mar 2024	499	5	447	3	2	50	26	37	6.1
Jun 2024	414	3	367	2	2	43	26	32	5.26
Sep 2024	445	5	407	2	2	33	25	25	4.13
Dec 2024	461	3	419	3	2	41	26	30	5.04
Mar 2025	456	4	414	4	2	40	28	29	4.84
Jun 2025	424	2	385	4	2	39	26	29	4.76
Sep 2025	504	3	457	3	2	45	26	33	5.53
Dec 2025	484	1	439	4	2	46	26	34	5.63
Mar 2026	550	2	485	3	2	63	26	47	7.76
Jun 2026	1248	3	956	4	2	291	25	218	35.96

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	730	7	703	1	3	18	22	14	2.27
Mar 2016	665	7	625	2	3	32	36	20	3.34
Mar 2017	725	7	657	4	3	63	35	41	6.77
Mar 2018	1170	12	1073	1	3	84	35	54	8.99
Mar 2019	1078	20	999	3	4	58	34	38	6.28
Mar 2020	813	13	777	4	5	22	16	18	3.01
Mar 2021	1202	6	1031	7	5	168	26	123	20.4
Mar 2022	1540	4	1308	6	5	227	25	171	28.33
Mar 2023	1708	10	1456	6	6	242	25	181	29.85
Mar 2024	1725	17	1536	11	7	177	26	131	21.7
Mar 2025	1776	14	1607	12	8	158	26	117	19.27
Mar 2026	1962	8	1765	13	9	193	26	143	23.69
TTM	2786	9	2336	14	9	446	—	332	54.88

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	63.16%
FIIs	11.13%
DIIs	0.01%
Public	25.7%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	67.3%	8.31%	0.01%	—	24.36%
Mar 2024	65.83%	10.03%	0.01%	—	24.1%
Jun 2024	61.94%	14.88%	0.26%	—	22.92%
Sep 2024	61.94%	14.71%	0.06%	—	23.28%
Dec 2024	61.94%	15.77%	0.05%	—	22.24%
Mar 2025	61.94%	12.44%	0.29%	—	25.32%
Jun 2025	62.22%	12.07%	0.35%	—	25.36%
Sep 2025	62.51%	12.02%	0.47%	—	24.99%
Dec 2025	63.16%	11.29%	0.67%	—	24.86%
Mar 2026	63.16%	11.28%	0.67%	—	24.88%
Jun 2026	63.16%	11.72%	0.67%	—	24.44%
Sep 2026	63.16%	11.13%	0.01%	—	25.7%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	8	230	24	198	460	76	0	52	332	460
Mar 2016	8	247	29	155	440	79	0	54	306	440
Mar 2017	8	286	13	269	576	82	4	53	437	576
Mar 2018	12	332	30	524	897	91	12	52	742	897
Mar 2019	12	361	105	305	783	110	11	52	610	783
Mar 2020	12	370	2	236	620	115	17	52	436	620
Mar 2021	12	487	8	304	812	124	22	52	613	812
Mar 2022	12	634	0	447	1093	171	5	57	860	1093
Mar 2023	12	759	0	269	1040	191	13	56	780	1040
Mar 2024	12	843	26	250	1131	245	1	54	831	1131
Mar 2025	12	921	3	208	1144	244	14	71	815	1144
Mar 2026	12	1041	52	306	1411	257	17	86	1051	1411

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	-5	-3	-5	-14
Mar 2016	20	-7	-12	1
Mar 2017	36	-9	-25	2
Mar 2018	29	-15	0	15
Mar 2019	-47	-20	47	-21
Mar 2020	166	-14	-126	26
Mar 2021	31	-13	-7	11
Mar 2022	151	-110	-37	4
Mar 2023	144	-78	-64	2
Mar 2024	-32	85	-39	14
Mar 2025	78	-33	-74	-29
Mar 2026	15	-38	23	-1

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	74	74	89	87	89	86	89	63	67	80	81	88
Inventory Days	87	86	142	147	127	102	106	136	77	93	83	106
Days Payable	102	92	157	185	115	117	114	130	69	59	47	63
Cash Conversion Cycle	59	68	74	49	102	71	81	69	75	115	117	132
Working Capital Days	50	63	73	53	69	77	81	71	75	106	119	123
ROCE %	10%	14%	23%	28%	18%	8%	39%	40%	36%	23%	19%	20%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of PANAMA PETROCHEM LTD (PANAMAPET)?

The reported market capitalisation for PANAMA PETROCHEM LTD (PANAMAPET) is ₹3,109Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of PANAMAPET?

The current price shown for PANAMA PETROCHEM LTD (PANAMAPET) on Fincrux is ₹514 with a 52-week high/low of ₹600/229.

What is the P/E ratio of PANAMA PETROCHEM LTD (PANAMAPET)?

The stock P/E for PANAMA PETROCHEM LTD (PANAMAPET) is 9.36 on Fincrux, with ROE at 14.4% and ROCE at 19.8%.

What were PANAMAPET latest quarterly results?

For Jun 2026, PANAMA PETROCHEM LTD (PANAMAPET) reported sales ₹1,248 Cr and net profit ₹218 Cr (figures in ₹ crore unless noted).

What are PANAMAPET annual sales and net profit?

For TTM, PANAMA PETROCHEM LTD (PANAMAPET) shows sales of ₹2,786 Cr and net profit of ₹332 Cr on the Fincrux profit & loss statement.

Who owns PANAMA PETROCHEM LTD (PANAMAPET)?

Latest shareholding for PANAMA PETROCHEM LTD (PANAMAPET) on Fincrux: Promoters 63.16% (Sep 2026), FIIs 11.13% (Sep 2026), DIIs 0.01% (Sep 2026), Public 25.70% (Sep 2026), No. of Shareholders 29,208% (Sep 2026).

Where can I find PANAMA PETROCHEM LTD (PANAMAPET) financials?

PANAMA PETROCHEM LTD (PANAMAPET) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show PANAMAPET balance sheet and cash flow?

Yes. The PANAMA PETROCHEM LTD (PANAMAPET) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 19:46