Panama Petrochem Limited

BSE: 524820 NSE: PANAMAPET
Panama Petrochem Limited - chemicals and materials in Ankleshwar, Gujarat, India. FY 2026 financials and compliance.
CIN L23209GJ1982PLC005062 Incorporated 09 March 1982 ROC Ahmedabad HQ Ankleshwar, Gujarat, India
Active Listed - NSE: PANAMAPET · BSE: 524820 Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹3,064.26 Cr
▲ 9.72% YoY
Computed EBITDA · FY 2026
₹288.29 Cr
▲ 11.35% YoY
Net profit · FY 2026
₹212.5 Cr
▲ 13.62% YoY
Authorised capital
₹25.55 Cr
Registered with MCA
Paid-up capital
₹12.1 Cr
Issued & subscribed
Open charges
₹773 Cr
Satisfied ₹1,009.65 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
130
Latest available

About Panama Petrochem Limited

Data last updated: 06 February 2026

Panama Petrochem Limited is a public limited company based in Ankleshwar, Gujarat, India. It specialises in petrochemicals and derivatives, a part of the broader chemicals and materials sector. Incorporated on 09 March 1982, the company has been in operation for over 44 years.

Registered with ROC Ahmedabad under CIN L23209GJ1982PLC005062. Listed on BSE: 524820 and NSE: PANAMAPET.

Capital: an authorised share capital of ₹25.55 Cr and a paid-up capital of ₹12.1 Cr. Formerly known as Panama Petrochem Private Limited. It is led by directors including Kumar Raju Nandimandalam and Samir Akbarali Rayani.

Last AGM: 09 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No 3303 Gidc Estate, Ankleshwar, Gujarat, India – 393002.

As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹3,064.26 Cr, a growth of 9.72% compared to the previous year. The net worth stands at ₹1,468.68 Cr (up 17.03% YoY). Total assets are valued at ₹1,918.73 Cr (up 25.91% YoY).

The company has a workforce of approximately 130 employees as per the latest available data.

The company is associated with 1 brand - Panama Petrochem. As per MCA filings, the company has open charges of ₹773 Cr and satisfied charges of ₹1,009.65 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panamapetro.com.

Company Details of Panama Petrochem Limited
CIN L23209GJ1982PLC005062
Registration Number 005062
Incorporation Date 09 March 1982
ROC Ahmedabad
Listing Status Listed (BSE: 524820, NSE: PANAMAPET)
Company Status Active
Date of Last AGM 09 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Samir Akbarali Rayani Managing Director Hussein Vazirali Rayani Managing Director Amirali Essabhai Rayani Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    panamapetro.com
  • Social Media
  • Registered Address
    Plot No 3303 Gidc Estate, Ankleshwar, Gujarat, India – 393002
  • Industry
    Chemicals and Materials, Petrochemicals & Derivatives
Company report
Panama Petrochem Limited - full intelligence report
  • Historical Financials and ratios
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Financials, compliance, directors, charges, ownership and filings for Panama Petrochem Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Panama Petrochem Limited

Panama Petrochem Limited has one previous CIN (Corporate Identification Number): U23209GJ1982PTC005062. The current CIN is L23209GJ1982PLC005062, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L23209GJ1982PLC005062 Current
U23209GJ1982PTC005062 Previous

Associated Brands with Panama Petrochem Limited

Panama Petrochem Limited operates one associated brand: Panama Petrochem. These brands represent Panama Petrochem Limited's diversified market presence and brand portfolio.

Brand Description Website
Panama Petrochem
Panama Petrochem Ltd. is engaged in manufacturing petroleum specialty products. panamapetro.com

Business Activity of Panama Petrochem Limited

Panama Petrochem Limited is engaged in the principal business activity of manufacturing, with detailed activities including coke and refined petroleum products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C5 Coke and refined petroleum products Locked
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Business activity turnover details for Panama Petrochem Limited

Turnover contribution percentages and historical activity changes require an active report plan.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Auditor Details of Panama Petrochem Limited

Panama Petrochem Limited is audited by JMR & ASSOCIATES LLP CHARTERED ACCOUNTANTS (ICAI peer reviewed, certificate valid till 2028-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
JMR & ASSOCIATES LLP CHARTERED ACCOUNTANTS (ICAI peer reviewed, certificate valid till 2028-05-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Panama Petrochem Limited

Panama Petrochem Limited is currently managed by 8 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Kumar Raju Nandimandalam
Also directs: Panama Petrochem Limited, L S R Speciality Oils Private Limited, Lsr Lubricants Private Limited
Director 10 Aug 2018 7 Years 11 Months Current
Samir Akbarali Rayani
Also directs: Panama Petrochem Limited, Panama Builders And Developers Private Limited
Managing Director 01 Jun 2010 16 Years 1 Months Current
Amirali Essabhai Rayani
Also directs: Panama Petrochem Limited, Ittefaq Ice And Cold Storage Company Private Limited, Panama Builders And Developers Private Limited
Whole-Time Director 01 Jun 2010 16 Years 1 Months Current
Hussein Vazirali Rayani
Also directs: Panama Petrochem Limited, H.A.Constructions Private Limited
Managing Director 26 Sep 2016 9 Years 9 Months Current
Almas Satyen Nanda
Also directs: Panama Petrochem Limited, Inc.5 Shoes Private Limited
Director 13 Feb 2025 1 Years 5 Months Current
Arif Amirali Rayani
Also directs: Panama Petrochem Limited, H.A.Constructions Private Limited, Dunhill Development P Ltd and 1 more
Whole-Time Director 01 Aug 2023 2 Years 11 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Panama Petrochem Limited FY 2026 filings available

Panama Petrochem Limited reported revenue of ₹3,064.26 Cr (up 9.72% YoY) for FY 2026.

Revenue · FY 2026
₹3,064.26 Cr ▲ 9.72%
Profit · FY 2026
₹212.5 Cr ▲ 13.62%
Computed EBITDA · FY 2026
₹288.29 Cr ▲ 11.35%
Revenue₹ Cr · Consolidated02,0004,000FY 2020: ₹1,003 Cr1,003FY 2020FY 2021: ₹1,447 Cr · +44.3% YoY1,447+44.3%FY 2021FY 2022: ₹2,132 Cr · +47.4% YoY2,132+47.4%FY 2022FY 2023: ₹2,249 Cr · +5.5% YoY2,249+5.5%FY 2023FY 2024: ₹2,357 Cr · +4.8% YoY2,357+4.8%FY 2024FY 2025: ₹2,793 Cr · +18.5% YoY2,793+18.5%FY 2025FY 2026: ₹3,064 Cr · +9.7% YoY3,064+9.7%FY 2026
Net Profit₹ Cr · Consolidated0100200300FY 2020: ₹29 Cr28.8FY 2020FY 2021: ₹135 Cr · +370.3% YoY135+370.3%FY 2021FY 2022: ₹230 Cr · +70.2% YoY230+70.2%FY 2022FY 2023: ₹233 Cr · +1.1% YoY233+1.1%FY 2023FY 2024: ₹195 Cr · -16.2% YoY195-16.2%FY 2024FY 2025: ₹187 Cr · -4.2% YoY187-4.2%FY 2025FY 2026: ₹213 Cr · +13.6% YoY213+13.6%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,000Q1'25: ₹671 Cr · +26.7% YoY671+26.7%Q1'25Q2'25: ₹699 Cr · +21.7% YoY699+21.7%Q2'25Q3'25: ₹728 Cr · +42.2% YoY728+42.2%Q3'25Q4'25: ₹695 Cr · -6.2% YoY695-6.2%Q4'25Q1'26: ₹693 Cr · +3.3% YoY693+3.3%Q1'26Q2'26: ₹773 Cr · +10.6% YoY773+10.6%Q2'26Q3'26: ₹775 Cr · +6.5% YoY775+6.5%Q3'26Q4'26: ₹823 Cr · +18.3% YoY823+18.3%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹3,064.26 Cr ₹2,792.89 Cr ₹2,356.74 Cr ₹2,248.72 Cr ₹2,132.35 Cr ₹1,446.96 Cr ₹1,002.75 Cr
Other Income ₹12.74 Cr ₹12.28 Cr ₹14.48 Cr ₹6.58 Cr ₹5.73 Cr ₹5.19 Cr ₹3.21 Cr
Total Income ₹3,077 Cr ₹2,805.17 Cr ₹2,371.22 Cr ₹2,255.3 Cr ₹2,138.08 Cr ₹1,452.15 Cr ₹1,005.97 Cr
Cost of Materials Consumed ₹2,358.55 Cr ₹2,206.73 Cr ₹1,939.95 Cr ₹1,732.64 Cr ₹1,606.27 Cr ₹1,072.72 Cr ₹809.03 Cr
Purchases of Stock-in-Trade ₹188.07 Cr ₹136.57 Cr ₹32.07 Cr ₹24.39 Cr ₹22.25 Cr ₹49.54 Cr ₹7.37 Cr
Changes in Inventories -₹11.54 Cr -₹6.87 Cr -₹6.15 Cr ₹1.05 Cr ₹31.51 Cr -₹1.96 Cr ₹44.9 Cr
Employee Benefit Expense ₹38.94 Cr ₹28.11 Cr ₹14.62 Cr ₹24.25 Cr ₹24.02 Cr ₹26.33 Cr ₹9.96 Cr
Finance Costs ₹11.96 Cr ₹18.16 Cr ₹17.96 Cr ₹11.57 Cr ₹7.06 Cr ₹8.95 Cr ₹17.44 Cr
Depreciation & Amortisation ₹13.79 Cr ₹12.37 Cr ₹9.83 Cr ₹9.43 Cr ₹8.4 Cr ₹7.61 Cr ₹7.25 Cr
Other Expenses ₹214.69 Cr ₹181.72 Cr ₹122.17 Cr ₹157.42 Cr ₹152.31 Cr ₹109.45 Cr ₹77.87 Cr
Total Expenses ₹2,814.46 Cr ₹2,576.79 Cr ₹2,130.45 Cr ₹1,960.75 Cr ₹1,851.82 Cr ₹1,272.64 Cr ₹973.82 Cr
Profit Before Exceptional Items & Tax ₹262.54 Cr ₹228.38 Cr ₹240.77 Cr ₹294.55 Cr ₹286.26 Cr ₹179.51 Cr ₹32.14 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹262.54 Cr ₹228.38 Cr ₹240.77 Cr ₹294.55 Cr ₹286.26 Cr ₹179.51 Cr ₹32.14 Cr
Total Tax Expense ₹50.04 Cr ₹41.35 Cr ₹45.62 Cr ₹61.58 Cr ₹55.92 Cr ₹44.16 Cr ₹3.37 Cr
Net Profit ₹212.5 Cr ₹187.03 Cr ₹195.15 Cr ₹232.97 Cr ₹230.34 Cr ₹135.35 Cr ₹28.78 Cr
  attributable to Owners - ₹0 - - - - -
  attributable to NCI - ₹0 - - - - -
Other Comprehensive Income ₹17.64 Cr ₹1.44 Cr ₹3.8 Cr ₹5.34 Cr ₹1.09 Cr ₹11.37 Lakh -₹3.49 Lakh
Total Comprehensive Income ₹230.14 Cr ₹188.47 Cr ₹198.95 Cr ₹238.31 Cr ₹231.43 Cr ₹135.47 Cr ₹28.74 Cr
EBITDA (computed) ₹288.29 Cr ₹258.91 Cr ₹268.56 Cr ₹315.55 Cr ₹301.72 Cr ₹196.07 Cr ₹56.84 Cr
Basic EPS ₹35.13 ₹30.92 ₹32.26 ₹38.51 ₹38.08 ₹22.37 ₹4.76
Diluted EPS ₹35.13 ₹30.92 ₹32.26 ₹38.51 ₹38.08 ₹22.37 ₹4.76
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,918.73 Cr ₹1,523.95 Cr ₹1,409.37 Cr ₹1,234.78 Cr
Non-current Assets ₹426.1 Cr ₹354.89 Cr ₹292.73 Cr ₹267.23 Cr
Current Assets ₹1,492.63 Cr ₹1,169.06 Cr ₹1,116.64 Cr ₹967.55 Cr
Property, Plant & Equipment ₹235.75 Cr ₹232.66 Cr ₹241.82 Cr ₹208.41 Cr
Inventories ₹668.64 Cr ₹409.23 Cr ₹491.51 Cr ₹324.05 Cr
Trade Receivables ₹573.85 Cr ₹503.48 Cr ₹405.81 Cr ₹348.93 Cr
Cash & Equivalents ₹71.36 Cr ₹167.05 Cr ₹94.59 Cr ₹96.53 Cr
Equity (Net Worth) ₹1,468.68 Cr ₹1,255.01 Cr ₹1,102.71 Cr ₹952.08 Cr
Equity Share Capital ₹12.1 Cr ₹12.1 Cr ₹12.1 Cr ₹12.1 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹77.9 Cr ₹2.49 Cr ₹25.49 Cr ₹0
Total Debt (computed) ₹77.9 Cr ₹2.49 Cr ₹25.49 Cr ₹0
Current Liabilities ₹404.01 Cr ₹225.73 Cr ₹293.12 Cr ₹271.67 Cr
Total Liabilities ₹450.05 Cr ₹268.94 Cr ₹306.66 Cr ₹282.7 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹69.38 Cr ₹162.11 Cr -₹27.95 Cr ₹209.5 Cr ₹170.02 Cr
Investing Cash Flow -₹72.09 Cr -₹11.86 Cr ₹66.76 Cr -₹78.72 Cr -₹110.97 Cr
Financing Cash Flow ₹45.02 Cr -₹77.86 Cr -₹40.42 Cr -₹96.03 Cr -₹67.47 Cr
Capital Expenditure ₹54.32 Cr ₹27.2 Cr ₹49.33 Cr ₹35.27 Cr ₹30.14 Cr
Free Cash Flow (computed) -₹123.7 Cr ₹134.91 Cr -₹77.28 Cr ₹174.23 Cr ₹139.88 Cr
Dividends Paid ₹18.22 Cr ₹36.1 Cr ₹48.2 Cr ₹54.24 Cr ₹24.08 Cr
Net Change in Cash -₹95.69 Cr ₹72.46 Cr -₹1.94 Cr ₹34.65 Cr -₹8.54 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹822.77 Cr ₹775.05 Cr ₹773.22 Cr ₹693.22 Cr ₹695.23 Cr ₹727.97 Cr ₹698.91 Cr ₹670.78 Cr ₹740.97 Cr ₹511.83 Cr ₹574.41 Cr ₹529.53 Cr
Other Income ₹2.95 Cr ₹2.82 Cr ₹2.96 Cr ₹4.01 Cr ₹3.79 Cr ₹3.84 Cr ₹2.7 Cr ₹1.94 Cr ₹3.33 Cr ₹2.26 Cr ₹3.86 Cr ₹5.03 Cr
Total Income ₹825.72 Cr ₹777.87 Cr ₹776.18 Cr ₹697.23 Cr ₹699.02 Cr ₹731.81 Cr ₹701.61 Cr ₹672.72 Cr ₹744.3 Cr ₹514.09 Cr ₹578.27 Cr ₹534.56 Cr
Cost of Materials Consumed ₹587.49 Cr ₹574.69 Cr ₹643.66 Cr ₹552.71 Cr ₹563.06 Cr ₹575.67 Cr ₹545.19 Cr ₹522.81 Cr ₹605.8 Cr ₹427.43 Cr ₹481.15 Cr ₹425.57 Cr
Purchases of Stock-in-Trade ₹67.65 Cr ₹96.92 Cr ₹39 Lakh ₹23.11 Cr ₹14.88 Cr ₹41.31 Cr ₹39.06 Cr ₹41.32 Cr ₹8.75 Cr ₹23 Lakh ₹99 Lakh ₹22.1 Cr
Changes in Inventories ₹2.74 Cr -₹15.92 Cr ₹2.18 Cr -₹54 Lakh -₹5.93 Cr -₹2.81 Cr ₹6.29 Cr -₹4.42 Cr ₹2.33 Cr -₹81 Lakh ₹95 Lakh -₹8.62 Cr
Employee Benefit Expense ₹10.7 Cr ₹9.1 Cr ₹10.35 Cr ₹8.79 Cr ₹16.29 Cr ₹4.75 Cr ₹3.56 Cr ₹3.51 Cr ₹3.41 Cr ₹4.28 Cr ₹3.51 Cr ₹3.42 Cr
Finance Costs ₹3.15 Cr ₹2.39 Cr ₹3.43 Cr ₹2.99 Cr ₹4.55 Cr ₹4.23 Cr ₹5.79 Cr ₹3.58 Cr ₹5.14 Cr ₹4.25 Cr ₹4.31 Cr ₹4.26 Cr
Depreciation & Amortisation ₹3.64 Cr ₹3.38 Cr ₹3.47 Cr ₹3.3 Cr ₹3.26 Cr ₹3.63 Cr ₹2.74 Cr ₹2.74 Cr ₹2.62 Cr ₹2.4 Cr ₹2.39 Cr ₹2.42 Cr
Other Expenses ₹62.79 Cr ₹49.65 Cr ₹47.96 Cr ₹54.29 Cr ₹47.48 Cr ₹46.06 Cr ₹46.43 Cr ₹41.75 Cr ₹42.51 Cr ₹24.49 Cr ₹26.61 Cr ₹28.56 Cr
Total Expenses ₹738.16 Cr ₹720.21 Cr ₹711.44 Cr ₹644.65 Cr ₹643.59 Cr ₹672.84 Cr ₹649.06 Cr ₹611.29 Cr ₹670.56 Cr ₹462.27 Cr ₹519.91 Cr ₹477.71 Cr
Profit Before Exceptional Items & Tax ₹87.56 Cr ₹57.66 Cr ₹64.74 Cr ₹52.58 Cr ₹55.43 Cr ₹58.97 Cr ₹52.55 Cr ₹61.43 Cr ₹73.74 Cr ₹51.82 Cr ₹58.36 Cr ₹56.85 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹87.56 Cr ₹57.66 Cr ₹64.74 Cr ₹52.58 Cr ₹55.43 Cr ₹58.97 Cr ₹52.55 Cr ₹61.43 Cr ₹73.74 Cr ₹51.82 Cr ₹58.36 Cr ₹56.85 Cr
Total Tax Expense ₹16.48 Cr ₹11.85 Cr ₹11.75 Cr ₹9.96 Cr ₹11.16 Cr ₹10.47 Cr ₹8.46 Cr ₹11.26 Cr ₹12.76 Cr ₹10.46 Cr ₹11.44 Cr ₹10.96 Cr
Net Profit ₹71.08 Cr ₹45.81 Cr ₹52.99 Cr ₹42.62 Cr ₹44.27 Cr ₹48.5 Cr ₹44.09 Cr ₹50.17 Cr ₹60.98 Cr ₹41.36 Cr ₹46.92 Cr ₹45.89 Cr
  attributable to Owners - ₹0 - - ₹0 ₹0 - - - ₹0 ₹0 -
  attributable to NCI - ₹0 - - ₹0 ₹0 - - - ₹0 ₹0 -
Other Comprehensive Income ₹4.34 Cr ₹6.9 Cr ₹2.21 Cr ₹4.19 Cr -₹4.08 Cr ₹4.41 Cr ₹54 Lakh ₹57 Lakh ₹74 Lakh ₹39 Lakh ₹5 Lakh ₹2.62 Cr
Total Comprehensive Income ₹75.42 Cr ₹52.71 Cr ₹55.2 Cr ₹46.81 Cr ₹40.19 Cr ₹52.91 Cr ₹44.63 Cr ₹50.74 Cr ₹61.72 Cr ₹41.75 Cr ₹46.97 Cr ₹48.51 Cr
EBITDA (computed) ₹94.35 Cr ₹63.43 Cr ₹71.64 Cr ₹58.87 Cr ₹63.24 Cr ₹66.83 Cr ₹61.08 Cr ₹67.75 Cr ₹81.5 Cr ₹58.47 Cr ₹65.06 Cr ₹63.53 Cr
Basic EPS ₹11.75 ₹7.57 ₹8.76 ₹7.04 ₹7.32 ₹8.02 ₹7.29 ₹8.29 ₹10.08 ₹6.84 ₹7.75 ₹7.59
Diluted EPS ₹11.75 ₹7.57 ₹8.76 ₹7.04 ₹7.32 ₹8.02 ₹7.29 ₹8.29 ₹10.08 ₹6.84 ₹7.75 ₹7.59
Latest 12 quarters shown of 25 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹1,961.81 Cr ₹1,775.72 Cr ₹1,724.92 Cr ₹1,708.24 Cr ₹1,539.56 Cr ₹1,202.27 Cr ₹813.46 Cr
Other Income ₹13.12 Cr ₹11.94 Cr ₹9.76 Cr ₹6.22 Cr ₹5.55 Cr ₹5.04 Cr ₹2.81 Cr
Total Income ₹1,974.93 Cr ₹1,787.66 Cr ₹1,734.68 Cr ₹1,714.46 Cr ₹1,545.11 Cr ₹1,207.3 Cr ₹816.27 Cr
Cost of Materials Consumed ₹1,630.37 Cr ₹1,457.05 Cr ₹1,413.5 Cr ₹1,304.11 Cr ₹1,136.53 Cr ₹895.64 Cr ₹694.14 Cr
Purchases of Stock-in-Trade ₹9.16 Cr ₹14.54 Cr ₹32.07 Cr ₹24.39 Cr ₹22.25 Cr ₹49.54 Cr ₹7.37 Cr
Changes in Inventories -₹11.54 Cr -₹6.87 Cr -₹6.15 Cr ₹1.05 Cr ₹17.39 Cr -₹25.48 Cr ₹9.72 Cr
Employee Benefit Expense ₹31.65 Cr ₹24.47 Cr ₹11.61 Cr ₹21.03 Cr ₹20.19 Cr ₹25.13 Cr ₹9.23 Cr
Finance Costs ₹8.3 Cr ₹14.48 Cr ₹16.72 Cr ₹10.1 Cr ₹4.24 Cr ₹5.8 Cr ₹13.35 Cr
Depreciation & Amortisation ₹8.55 Cr ₹7.96 Cr ₹6.63 Cr ₹6.1 Cr ₹5.44 Cr ₹4.96 Cr ₹4.72 Cr
Other Expenses ₹105.12 Cr ₹118.09 Cr ₹83.43 Cr ₹105.53 Cr ₹111.74 Cr ₹84.14 Cr ₹56.16 Cr
Total Expenses ₹1,781.61 Cr ₹1,629.72 Cr ₹1,557.81 Cr ₹1,472.31 Cr ₹1,317.79 Cr ₹1,039.71 Cr ₹794.68 Cr
Profit Before Exceptional Items & Tax ₹193.32 Cr ₹157.94 Cr ₹176.87 Cr ₹242.15 Cr ₹227.32 Cr ₹167.59 Cr ₹21.59 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹193.32 Cr ₹157.94 Cr ₹176.87 Cr ₹242.15 Cr ₹227.32 Cr ₹167.59 Cr ₹21.59 Cr
Total Tax Expense ₹50.04 Cr ₹41.35 Cr ₹45.62 Cr ₹61.58 Cr ₹55.92 Cr ₹44.16 Cr ₹3.37 Cr
Net Profit ₹143.28 Cr ₹116.59 Cr ₹131.25 Cr ₹180.57 Cr ₹171.4 Cr ₹123.43 Cr ₹18.23 Cr
Other Comprehensive Income -₹6.27 Cr -₹3.26 Cr ₹1.86 Cr -₹1.41 Cr -₹1.38 Lakh ₹11.37 Lakh -₹3.49 Lakh
Total Comprehensive Income ₹137.01 Cr ₹113.33 Cr ₹133.11 Cr ₹179.16 Cr ₹171.39 Cr ₹123.55 Cr ₹18.19 Cr
EBITDA (computed) ₹210.17 Cr ₹180.38 Cr ₹200.22 Cr ₹258.35 Cr ₹237 Cr ₹178.35 Cr ₹39.66 Cr
Basic EPS ₹23.69 ₹19.27 ₹21.70 ₹29.85 ₹28.33 ₹20.40 ₹3.01
Diluted EPS ₹23.69 ₹19.27 ₹21.70 ₹29.85 ₹28.33 ₹20.40 ₹3.01
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,411.16 Cr ₹1,143.68 Cr ₹1,131.18 Cr ₹1,040.3 Cr
Non-current Assets ₹368.62 Cr ₹333.74 Cr ₹302.86 Cr ₹262.56 Cr
Current Assets ₹1,042.54 Cr ₹809.94 Cr ₹828.32 Cr ₹777.74 Cr
Property, Plant & Equipment ₹199.8 Cr ₹194.13 Cr ₹200.09 Cr ₹151.88 Cr
Inventories ₹465.01 Cr ₹326.02 Cr ₹361.14 Cr ₹276.79 Cr
Trade Receivables ₹472.74 Cr ₹395.17 Cr ₹378.56 Cr ₹313.16 Cr
Cash & Equivalents ₹32.28 Cr ₹32.96 Cr ₹62.03 Cr ₹48.19 Cr
Equity (Net Worth) ₹1,053.17 Cr ₹932.62 Cr ₹855.47 Cr ₹770.68 Cr
Equity Share Capital ₹12.1 Cr ₹12.1 Cr ₹12.1 Cr ₹12.1 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹52.17 Cr ₹2.49 Cr ₹25.49 Cr ₹0
Total Debt (computed) ₹52.17 Cr ₹2.49 Cr ₹25.49 Cr ₹0
Current Liabilities ₹345.47 Cr ₹198.13 Cr ₹262.83 Cr ₹258.98 Cr
Total Liabilities ₹357.99 Cr ₹211.06 Cr ₹275.71 Cr ₹269.62 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹14.56 Cr ₹77.7 Cr -₹32.13 Cr ₹144.2 Cr ₹151.11 Cr
Investing Cash Flow -₹38.96 Cr -₹33.09 Cr ₹85.48 Cr -₹77.46 Cr -₹109.68 Cr
Financing Cash Flow ₹22.96 Cr -₹73.75 Cr -₹39.18 Cr -₹64.41 Cr -₹36.84 Cr
Capital Expenditure ₹27.95 Cr ₹21.69 Cr ₹49.32 Cr ₹34.35 Cr ₹28.96 Cr
Free Cash Flow (computed) -₹13.39 Cr ₹56.01 Cr -₹81.45 Cr ₹109.85 Cr ₹122.15 Cr
Dividends Paid ₹18.22 Cr ₹36.1 Cr ₹48.2 Cr ₹54.24 Cr ₹24.08 Cr
Net Change in Cash -₹68 Lakh -₹29.07 Cr ₹13.84 Cr ₹2.23 Cr ₹4.46 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹550.02 Cr ₹483.94 Cr ₹503.73 Cr ₹424.12 Cr ₹455.82 Cr ₹461.02 Cr ₹445.38 Cr ₹413.5 Cr ₹499.48 Cr ₹371.43 Cr ₹454.88 Cr ₹399.13 Cr
Other Income ₹2.54 Cr ₹3.9 Cr ₹2.92 Cr ₹3.76 Cr ₹4.44 Cr ₹3.29 Cr ₹2.37 Cr ₹1.84 Cr ₹1.82 Cr ₹2.76 Cr ₹2.35 Cr ₹2.83 Cr
Total Income ₹552.56 Cr ₹487.84 Cr ₹506.65 Cr ₹427.88 Cr ₹460.26 Cr ₹464.31 Cr ₹447.75 Cr ₹415.34 Cr ₹501.3 Cr ₹374.19 Cr ₹457.23 Cr ₹401.96 Cr
Cost of Materials Consumed ₹439.59 Cr ₹418.74 Cr ₹417.98 Cr ₹354.06 Cr ₹369.19 Cr ₹382.16 Cr ₹362.71 Cr ₹342.99 Cr ₹403.97 Cr ₹308.47 Cr ₹382.05 Cr ₹319.01 Cr
Purchases of Stock-in-Trade ₹6.76 Cr ₹2.19 Cr ₹2 Lakh ₹19 Lakh ₹6.94 Cr ₹96 Lakh ₹5.7 Cr ₹94 Lakh ₹8.75 Cr ₹23 Lakh ₹99 Lakh ₹22.1 Cr
Changes in Inventories ₹2.74 Cr -₹15.92 Cr ₹2.18 Cr -₹54 Lakh -₹5.93 Cr -₹2.81 Cr ₹6.29 Cr -₹4.42 Cr ₹2.33 Cr -₹81 Lakh ₹95 Lakh -₹8.62 Cr
Employee Benefit Expense ₹7.84 Cr ₹7.79 Cr ₹8.71 Cr ₹7.31 Cr ₹14.89 Cr ₹3.93 Cr ₹2.8 Cr ₹2.85 Cr ₹2.64 Cr ₹3.65 Cr ₹2.62 Cr ₹2.7 Cr
Finance Costs ₹2.31 Cr ₹1.1 Cr ₹2.66 Cr ₹2.23 Cr ₹3.64 Cr ₹2.72 Cr ₹5.14 Cr ₹2.98 Cr ₹4.8 Cr ₹3.93 Cr ₹4.01 Cr ₹3.98 Cr
Depreciation & Amortisation ₹2.13 Cr ₹2.1 Cr ₹2.19 Cr ₹2.13 Cr ₹2.05 Cr ₹2 Cr ₹1.95 Cr ₹1.96 Cr ₹1.82 Cr ₹1.61 Cr ₹1.6 Cr ₹1.6 Cr
Other Expenses ₹27.79 Cr ₹25.92 Cr ₹27.68 Cr ₹23.73 Cr ₹29.06 Cr ₹34.4 Cr ₹29.69 Cr ₹24.94 Cr ₹27.34 Cr ₹16.04 Cr ₹20.56 Cr ₹19.49 Cr
Total Expenses ₹489.16 Cr ₹441.92 Cr ₹461.42 Cr ₹389.11 Cr ₹419.84 Cr ₹423.36 Cr ₹414.28 Cr ₹372.24 Cr ₹451.65 Cr ₹333.12 Cr ₹412.78 Cr ₹360.26 Cr
Profit Before Exceptional Items & Tax ₹63.4 Cr ₹45.92 Cr ₹45.23 Cr ₹38.77 Cr ₹40.42 Cr ₹40.95 Cr ₹33.47 Cr ₹43.1 Cr ₹49.65 Cr ₹41.07 Cr ₹44.45 Cr ₹41.7 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹63.4 Cr ₹45.92 Cr ₹45.23 Cr ₹38.77 Cr ₹40.42 Cr ₹40.95 Cr ₹33.47 Cr ₹43.1 Cr ₹49.65 Cr ₹41.07 Cr ₹44.45 Cr ₹41.7 Cr
Total Tax Expense ₹16.48 Cr ₹11.85 Cr ₹11.75 Cr ₹9.96 Cr ₹11.16 Cr ₹10.47 Cr ₹8.46 Cr ₹11.26 Cr ₹12.76 Cr ₹10.46 Cr ₹11.44 Cr ₹10.96 Cr
Net Profit ₹46.92 Cr ₹34.07 Cr ₹33.48 Cr ₹28.81 Cr ₹29.26 Cr ₹30.48 Cr ₹25.01 Cr ₹31.84 Cr ₹36.89 Cr ₹30.61 Cr ₹33.01 Cr ₹30.74 Cr
Other Comprehensive Income -₹5.41 Cr -₹27 Lakh -₹5.13 Cr ₹4.54 Cr -₹3.97 Cr ₹17 Lakh -₹2 Lakh ₹56 Lakh -₹6 Lakh ₹46 Lakh -₹8 Lakh ₹1.54 Cr
Total Comprehensive Income ₹41.51 Cr ₹33.8 Cr ₹28.35 Cr ₹33.35 Cr ₹25.29 Cr ₹30.65 Cr ₹24.99 Cr ₹32.4 Cr ₹36.83 Cr ₹31.07 Cr ₹32.93 Cr ₹32.28 Cr
EBITDA (computed) ₹67.84 Cr ₹49.12 Cr ₹50.08 Cr ₹43.13 Cr ₹46.11 Cr ₹45.67 Cr ₹40.56 Cr ₹48.04 Cr ₹56.27 Cr ₹46.61 Cr ₹50.06 Cr ₹47.28 Cr
Basic EPS ₹7.76 ₹5.63 ₹5.53 ₹4.76 ₹4.84 ₹5.04 ₹4.13 ₹5.26 ₹6.10 ₹5.06 ₹5.46 ₹5.08
Diluted EPS ₹7.76 ₹5.63 ₹5.53 ₹4.76 ₹4.84 ₹5.04 ₹4.13 ₹5.26 ₹6.10 ₹5.06 ₹5.46 ₹5.08
Latest 12 quarters shown of 25 on record.
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You're viewing the latest exchange-filed financials for Panama Petrochem Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Panama Petrochem Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 63.16%, foreign institutional investors hold 11.29%, domestic institutional investors hold 0.67%, retail and other public shareholders hold 24.88% of Panama Petrochem Limited. The company had 25,780 shareholders on record.

Promoters: 63.16%DII (Domestic Institutional): 0.67%FII (Foreign Institutional): 11.29%Retail & Others: 24.88%
Mar 2026
QUARTER
63.16% Promoters
0.67% DII (Domestic Institutional)
11.29% FII (Foreign Institutional)
24.88% Retail & Others
Promoter holding - history
Now 63.16% · Mar 2026High 73.34% · Dec 2020Low 61.94% · Jun 2024
60%63.8%67.5%71.3%75%Dec 2015Mar 2018Sep 2020Mar 2023Sep 2025Dec 2015: 70.21%Mar 2016: 70.21%Jun 2016: 70.65%Sep 2016: 71.02%Dec 2016: 71.02%Mar 2017: 71.13%Jun 2017: 71.13%Sep 2017: 71.13%Oct 2017: 71.13%Dec 2017: 71.13%Mar 2018: 71.19%Jun 2018: 68.53%Sep 2018: 68.74%Dec 2018: 68.80%Mar 2019: 68.99%Jun 2019: 69.58%Sep 2019: 70.49%Dec 2019: 72.82%Mar 2020: 70.12%Jun 2020: 68.99%Sep 2020: 71.27%Dec 2020: 73.34%Mar 2021: 71.70%Jun 2021: 71.95%Sep 2021: 72.13%Dec 2021: 71.11%Mar 2022: 71.11%Jun 2022: 71.11%Sep 2022: 70.36%Dec 2022: 70.36%Mar 2023: 69.87%Jun 2023: 69.87%Sep 2023: 69.25%Dec 2023: 67.31%Mar 2024: 65.84%Jun 2024: 61.94%Sep 2024: 61.94%Dec 2024: 61.94%Mar 2025: 61.94%Jun 2025: 62.22%Sep 2025: 62.52%Dec 2025: 63.16%Mar 2026: 63.16%73.34%61.94%63.16%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters63.16%63.16%62.52%62.22%61.94%61.94%
Public36.84%36.84%37.48%37.78%38.06%38.06%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters63.16%61.94%65.84%69.87%71.11%71.70%70.12%68.99%71.19%71.13%70.21%
Public36.84%38.06%34.16%30.13%28.89%28.30%29.88%31.01%28.81%28.87%29.79%
Promoter change (YoY, %pts)+1.22-3.90-4.03-1.24-0.59+1.58+1.13-2.20+0.06+0.92-

Board & Governance of Panama Petrochem Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Panama Petrochem Limited has 8 directors - 4 independent and 4 executive. The board is chaired by Arif Rayani.

DirectorPositionOn board sinceListed boards
Amirali E. Rayani Executive Director 1982-03-09 1
Hussein V. Rayani Executive Director · MD 2015-10-31 1
Samir Rayani Executive Director · CEO-MD 2000-12-01 1
Arif Rayani Executive Director · Chairperson 2023-08-01 1
Kumar Raju Nandimandalam Non-Executive - Independent Director 2018-08-10 1
Ashok Bhulchand Mukhi Non-Executive - Independent Director 2023-08-01 1
Arvind Maganlal Shah Non-Executive - Independent Director 2023-08-01 2
Almas Nanda Non-Executive - Independent Director 2025-02-13 1
Board Committees
CommitteeMembers
Audit Committee Ashok Bhulchand Mukhi (Chairperson), Kumar Raju Nandimandalam, Samir Rayani
Nomination and remuneration committee Ashok Bhulchand Mukhi (Chairperson), Arvind Maganlal Shah, Almas Nanda
Stakeholders Relationship Committee Ashok Bhulchand Mukhi (Chairperson), Kumar Raju Nandimandalam, Amirali E. Rayani, Samir Rayani
Risk Management Committee Almas Nanda (Chairperson), Arvind Maganlal Shah, Hussein V. Rayani
Corporate Social Responsibility Committee Almas Nanda (Chairperson), Arvind Maganlal Shah, Arif Rayani

Charges & Borrowings of Panama Petrochem Limited

Open charges
₹773 Cr
Satisfied charges
₹1,009.65 Cr
Breakdown by lending institutions
Others₹281.00 Cr
Hdfc Bank Limited₹130.00 Cr
Citi Bank N.A.₹95.00 Cr
Axis Bank Limited₹90.00 Cr
Idbi Bank Limited₹65.00 Cr
Others₹112.00 Cr
Latest charge details
DateLenderAmountStatus
28 Feb 2020 Others ₹80 Cr Open
18 Dec 2017 Axis Bank Limited ₹90 Cr Open
17 Nov 2017 Others ₹65 Cr Open
30 Jan 2017 Hdfc Bank Limited ₹130 Cr Open
28 Dec 2016 Others ₹96 Cr Open

Total charge records: 25 View all charges

Employees and EPFO Compliance at Panama Petrochem Limited

Panama Petrochem Limited has a workforce of 130 employees as of Mar 28, 2024.

Employee count
130
Active EPFO establishments
1
Employee growth
0.78%
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Employee and EPFO history for Panama Petrochem Limited

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GST Compliance of Panama Petrochem Limited

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Credit Ratings, Litigation & Regulatory Alerts for Panama Petrochem Limited

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MSME Payment Delays by Panama Petrochem Limited

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MSME payment history for Panama Petrochem Limited

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Subsidiaries & Group Companies of Panama Petrochem Limited

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Corporate group structure for Panama Petrochem Limited

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MCA Filings & Documents of Panama Petrochem Limited

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Recent Activity on Panama Petrochem Limited

Activity
09 Sep 2025
Panama Petrochem Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Panama Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
13 Feb 2025
Almas Satyen Nanda was appointed as a Director on 13 Feb 2025 & has been associated with this company since 1 year 4 months.
Directors
01 Aug 2023
Arif Amirali Rayani was appointed as a Whole-time director on 01 Aug 2023 & has been associated with this company since 2 years 11 months.
Directors
01 Aug 2023
Ashok Bhulchand Mukhi was appointed as a Director on 01 Aug 2023 & has been associated with this company since 2 years 11 months.
Directors
01 Aug 2023
Arvind Maganlal Shah was appointed as a Director on 01 Aug 2023 & has been associated with this company since 2 years 11 months.

Recent News on Panama Petrochem Limited

Stocks that will see action today: January 31
31 Jan 2025 · Thehindubusinessline

Frequently Asked Questions about Panama Petrochem Limited

Panama Petrochem Limited is an active public limited company in the chemicals and materials sector based in Ankleshwar, Gujarat, India. It was incorporated on 09 March 1982 (44+ years old) and is registered under CIN L23209GJ1982PLC005062. Listed on BSE: 524820 and NSE: PANAMAPET. The company has 130 employees.

Panama Petrochem Limited reported revenue of ₹3,064.26 Cr for FY 2026 (up 9.72% YoY) based on consolidated NSE filings.

The current directors of Panama Petrochem Limited are:

The primary industry of Panama Petrochem Limited is chemicals and materials. The company specifically operates in petrochemicals and derivatives. The company is currently active in this sector.

Yes. Panama Petrochem Limited is listed on both BSE (code: 524820) and NSE (symbol: PANAMAPET).

Panama Petrochem Limited can be reached at the registered office: Plot No 3303 Gidc Estate, Ankleshwar, Gujarat, India – 393002, or through the website panamapetro.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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