TickerSutra

NSE: PANAMAPET · BSE: 524820 · ISIN INE305C01029

Panama Petrochem Limited stock analysis

Panama Petrochem Limited ranks #861 in the TickerSutra evidence-ranked universe with a score of 59/100 and 95% data confidence. The latest captured fundamentals show ROCE of 19.1%, quarterly sales growth of 150.3% and quarterly profit growth of 624.8%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE59/100

Monitor only

#861 of 5,430 ranked equities
Market capitalisation₹2,923.36cr
ROCE19.1%
Quarterly sales growth150.3%
Quarterly profit growth624.8%
P/E ratio6.1×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.08×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×
  • Extreme base-effect growth requires manual validation

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹2,132cr₹296cr₹230cr14.0%
2023₹2,249cr₹309cr₹233cr14.0%
2024₹2,357cr₹254cr₹195cr11.0%
2025₹2,793cr₹247cr₹187cr9.0%
2026₹3,064cr₹276cr₹212cr9.0%
TTM₹4,106cr₹609cr₹479cr15.0%
Debt / equity0.08×
CFO / EBITDA-0.25×
Operating margin15.0%
Free cash flow₹-124cr
Sales CAGR · 3Y10.9%
Profit CAGR · 3Y-3.1%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts1 routine filings
RoutineTrading WindowNSE · 23 Sept 2026 · Structured filing

Panama Petrochem Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Readable disclosure summary

Panama Petrochem Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Open original XBRL source

MANAGEMENT COMMENTARY

Signals from filed documents

Capacity expansion plansHigh severity · 2 mentions
Positive catalyst

Consequently, the consolidated earnings per share (EPS) increased to H 35.13 from H 30.92 in the previous financial year . The management remains focused on sustaining profitable growth through capacity expansion, operational excellence, and continued strengthening of its market presence. During FY 2025-26, the Company delivered a strong financial performance, on a standalone basis, the Company’s revenue from operati

Export market updatesHigh severity · 7 mentions
Constructive

This integrated logistics setup minimizes handling requirements, reduces transportation costs, enhances operational efficiency, and ensures timely delivery to customers. The advantageous location further strengthens the Company's supply chain capabilities and supports its ability to efficiently cater to domestic as well as international markets. Net sales of Panol Industries RMC FZE have increased from H 1017.17 Cror

Niche productsHigh severity · 10 mentions
Positive catalyst

The industry is increasingly moving towards value-added and customized products that offer enhanced performance, efficiency, and compliance with evolving environmental standards. Specialty products such as process oils, transformer oils, white oils, waxes, petroleum jelly, and other performance- oriented petroleum derivatives are expected to witness sustained demand from sectors including automotive, power , rubber a

Market share gainHigh severity · 3 mentions
Positive catalyst

At the same time, we remain committed to nurturing enduring relationships with our customers, suppliers, business partners, employees, and the communities we serve. Strengthening Market Leadership Today, Panama Petrochem Limited stands stronger than ever . Our expanding market presence, strategic partnerships, diversified product portfolio, and commitment to innovation have reinforced our leadership position in the i

Management confidenceHigh severity · 2 mentions
Constructive

At the same time, we will continue to invest in our people, fostering a culture of excellence, collaboration, and continuous learning. With a strong foundation and a disciplined approach to execution, we are confident in our ability to drive profitable growth, create long-term value for our stakeholders, and further strengthen Panama Petrochem Limited’s position as one of the leading players in the petrochemical indu

Regulatory updatesModerate severity · 33 mentions
Watch

Our ability to consistently perform in a challenging environment is a testament to the strength of our business model, the dedication of our employees, and the trust reposed in us by our stakeholders. Rayani MD&CEO The past several years have tested businesses across the globe through economic disruptions, geopolitical uncertainties, evolving regulatory frameworks, and inflationary pressures. Despite these challenges

Regulatory approvalLow severity · 8 mentions
Watch

Through our Corporate Social Responsibility (CSR) programme, we endeavour to create enduring social value by focusing on critical developmental areas such as healthcare, education, and skill development, thereby strengthening community well-being and helping shape a brighter future. Our CSR strategy is anchored in a robust framework approved by the Board aiming to support projects that encourage self-reliance and aim

Institutional interestLow severity · 3 mentions
Watch

Reviewing with the management, the quarterly financial statements before submission to the Board for approval. Reviewing with the management, the statement of uses/application of funds raised through an issue (public issue, rights issue, preferential issue, etc.), the statement of funds utilized for purposes other than those stated in the offer document/ prospectus/notice, and the report submitted by the monitoring a

Debt reductionLow severity · 1 mention
Watch

Annual Report 2025-26 154 Panama Petrochem Limited Standalone Notes to Financial Statements for the year ended 31 March 2026 38. Capital Management (Contd..) In order to maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. Consistent with others in the industry, the Company monitor

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…