Panama Petrochem LimitedPANAMAPETCorporate

Petrochemicals Latest results: Mar 2026 14 quarters of data
₹488.10
MCap ₹2,953 Cr · P/E 20.6
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹550 Cr
Sales · Mar 2026
+20.7% YoY
₹65 Cr
Operating Profit · Mar 2026
+56.0% YoY
11.8%
OPM % · Mar 2026
+29.7% YoY
₹47 Cr
Net Profit · Mar 2026
+60.6% YoY
₹7.76
EPS · Mar 2026
+60.3% YoY

📝 Panama Petrochem Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Panama Petrochem Limited reported revenue of ₹550 crore for the quarter ended March 2026 (Q4 FY26), up 20.7% from ₹456 crore in the same quarter last year, and up 13.6% sequentially over the December 2025 quarter.

Net profit rose 60.6% year-on-year to ₹47 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹7.76.

Operating profit stood at ₹65 crore — an operating margin (OPM) of 11.8%, compared with 9.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Panama Petrochem Limited posted revenue of ₹1,962 crore, a growth of 5.2% over FY25, with a net profit of ₹143 crore (up 20.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,962 crore with a net profit of ₹143 crore.

Valuation snapshot

At the current price of ₹488.10, PANAMAPET has a market capitalisation of ₹2,953 crore and a trailing P/E of about 20.6.

Within the Petrochemicals industry, it is the 6th-largest of the 16 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 63.16%, foreign institutional investors (FIIs) 11.13%, domestic institutional investors (DIIs) 0.01%, public shareholders 25.71% of Panama Petrochem Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹2,953 Cr
Current Price ?
₹488.1
P/E ?
20.61above ind
Industry P/E ?
12.90
P/B ?
2.80
P/S ?
1.51
P/FCF ?
-227.13
Enterprise Value ?
₹3,005 Cr
EV/EBITDA ?
15.29
PEG ?
N/A
Earnings Yield ?
6.3%
Dividend Yield ?
1.03%
Profitability & Returns
Sales (TTM) ?
₹1,962 Cr
OPM ?
10.0%
Profit after tax (TTM) ?
₹143 Cr
EPS (TTM) ?
₹23.69
ROCE ?
20.0%
ROE ?
13.6%
ROA ?
10.2%
Growth
Sales — latest qtr ?
₹550 Cr
PAT — latest qtr ?
₹47 Cr
YoY qtr sales growth ?
20.7%
YoY qtr profit growth ?
60.6%
Sales growth (3y) ?
5%
Sales growth (5y) ?
10%
Profit growth (3y) ?
-7%
Profit growth (5y) ?
3%
Financial Health
Debt ?
₹52 Cr
Debt to Equity ?
0.05
Interest Coverage ?
23.9
Current Ratio ?
N/A
Ownership
Promoter holding ?
63.16%
Change in promoter holding ?
0.94%
Pledged percentage ?
N/A
Market
Return 3 months ?
16.8%
Return 6 months ?
77.2%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 495562513455371499414445550456424504484550 +20.7% +13.6%
Operating Profit 4737584844544638434239474565 +56.0% +44.4%
Other Income 414723222644343 -32.4% -25.0%
Interest 13244535242312 -45.1% +100.0%
Depreciation 22522222222222 -2.4% +0.0%
Profit Before Tax 4846584441504333444039454663 +55.9% +37.0%
Net Profit 3634433331373225332929333447 +60.6% +38.2%
EPS 5.875.687.065.465.066.105.264.135.484.844.765.535.637.76 +60.3% +37.8%
OPM % 9.5% 6.6% 11.3% 10.5% 11.9% 10.9% 11.2% 8.6% 7.8% 9.1% 9.3% 9.4% 9.3% 11.8% +29.7% +26.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,864 Cr ₹1,962 Cr ₹1,962 Cr +5.2%
Operating Profit ₹169 Cr ₹197 Cr ₹197 Cr +16.4%
OPM % 9.06% 10.02% 10.02% +10.6%
NPM % 6.40% 7.30% 7.30% +14.1%
Other Income ₹14 Cr ₹14 Cr ₹14 Cr -3.6%
Depreciation ₹8 Cr ₹8 Cr ₹8 Cr +2.1%
Interest ₹14 Cr ₹8 Cr ₹8 Cr -41.9%
EBIT ₹161 Cr ₹188 Cr ₹188 Cr +17.1%
PBT ₹161 Cr ₹193 Cr ₹193 Cr +19.7%
Tax ₹42 Cr ₹22 Cr ₹22 Cr -48.4%
Net Profit ₹119 Cr ₹143 Cr ₹143 Cr +20.2%
EPS ₹19.71 ₹23.68 ₹23.68 +20.1%
Material Cost ₹1,606 Cr ₹772 Cr ₹772 Cr -51.9%
Employee Cost ₹29 Cr ₹16 Cr ₹16 Cr -44.0%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 12121212 +0.0%
Reserves 7598439211,041 +13.0%
Borrowings 026352 +1633.3%
Other Liabilities 269250208306 +47.1%
Total Liabilities 1,0401,1311,1441,411 +23.3%
Fixed Assets 191245244257 +5.3%
CWIP 1311417 +21.4%
Investments 56547186 +21.1%
Other Assets 7808318151,051 +29.0%
Total Assets 1,0401,1311,1441,411 +23.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 144-327815 -80.8%
Cash from Investing Activity -7885-33-39 -18.2%
Cash from Financing Activity -64-39-7423 +131.1%
Net Cash Flow 214-29-1 +96.6%
Free Cash Flow 110-8156-13 -123.2%
CFO/OP 82%7%70%30% -57.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 67808188 +8.6%
Inventory Days 779383104 +25.3%
Days Payable 69594761 +29.8%
Cash Conversion Cycle 75115117131 +12.0%
Working Capital Days 75106119123 +3.4%
ROCE % 36%23%19%20% +5.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 62.22%62.51%63.16%63.16%63.16% +0.0%
FIIs 12.07%12.02%11.29%11.28%11.13% -1.3%
DIIs 0.35%0.47%0.67%0.67%0.01% -98.5%
Public 25.36%24.99%24.86%24.88%25.71% +3.3%
No. of Shareholders 24,95225,95126,06825,78029,208 +13.3%

⚖️ Peer comparison

Industry: Petrochemicals · 16 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 SWANCORP SWAN ₹268.90 8,429 46.3 4,172 209 -5.7% 5.0% -11.5% -66.3% -16.4% -233.3%
2 RAIN Rain Industries ₹210.07 7,066 29.6 9,310 310 26.4% 3.3% 515.0% -21.8% 1122.3% 693.5%
3 SOTL Savita Oil ₹767.45 5,262 12.7 4,853 414 10.7% 8.5% 14.4% 61.5% 49.6% 414.8%
4 STYRENIX Styrenix Performance ₹2,006.50 3,531 12.9 2,593 273 15.7% 10.5% -13.3% -11.7% 38.5% 98.6%
5 BEPL Bhansali Engineering ₹123.40 3,071 17.0 1,276 180 16.9% 14.1% -8.7% 0.1% -1.0% 30.6%
6 PANAMAPET Panama Petrochem ₹470.80 2,848 5.9 4,106 479 14.8% 11.7% 20.0% 32.7% 150.3% 624.8%
7 MANALIPETC Manali Petrochemicals ₹85.40 1,469 8.2 1,063 180 13.4% 16.9% 23.3% 508.5% 17.1% 348.8%
8 DCW DCW ₹44.26 1,306 18.3 2,210 72 9.2% 3.3% 7.1% 60.0% 13.9% 218.2%
9 TNPETRO Tamilnadu PetroProducts ₹125.00 1,125 7.9 1,783 142 11.5% 8.0% -19.7% 67.0% 68.5% 127.3%
10 KOTHARIPET Kothari Petrochemicals ₹136.63 804 11.2 578 72 16.6% 12.5% 2.2% 12.3% -9.0% -5.4%
11 AGARIND Agarwal Industrial ₹429.50 642 15.7 1,492 41 7.4% 2.8% -31.1% -62.1% -27.0% -20.6%
12 GOACARBON Goa Carbon ₹390.60 357 — 563 -47 -4.4% -8.3% 37.0% -119.0% -67.0% 17.2%
13 514165 Indian Acrylics ₹12.40 78 — 372 -21 0.1% -5.6% -9.8% 22.6% 24.4% 66.5%
14 531454 Polylink Polymers ₹33.96 50 51.5 87 1 3.6% 1.7% -7.3% -43.0% 13.5% 120.8%
15 506858 Gujarat Petrosynthese ₹62.35 33 14.2 25 3 2.2% 10.5% 33.4% 61.0% 45.7% 46.5%
16 530027 Aadi Industries ₹5.37 8 — — -0 — — — -5.9% — -40.0%
❓ Frequently asked questions
What was Panama Petrochem Limited's revenue in Q4 FY26?
Panama Petrochem Limited reported revenue of ₹550 crore for the quarter ended March 2026 (Q4 FY26), up 20.7% from ₹456 crore in the same quarter last year, and up 13.6% sequentially over the December 2025 quarter.
What was Panama Petrochem Limited's net profit in Q4 FY26?
Net profit rose 60.6% year-on-year to ₹47 crore, from ₹29 crore. Earnings per share (EPS) came in at ₹7.76.
What is PANAMAPET's market capitalisation and P/E ratio?
At the current price of ₹488.10, PANAMAPET has a market capitalisation of ₹2,953 crore and a trailing P/E of about 20.6.
Who owns Panama Petrochem Limited? (shareholding pattern)
As of Sep 2026, promoters held 63.16%, foreign institutional investors (FIIs) 11.13%, domestic institutional investors (DIIs) 0.01%, public shareholders 25.71% of Panama Petrochem Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI