Panama Petrochem Ltd

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NSEBSE

358.35-2.05 (-0.57%)

12:00 AM,23rd Feb 2024

358.60-5.35 (-1.47%)

12:00 AM,23rd Feb 2024

BSE : 524820

NSE : PANAMAPET

Sector : Industrials

ISIN Code : INE305C01029

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

2168

Turnover (₹ Cr)

1.39

Volume (Shares)

386522

Face Value

2

52-WK High

371.45

52-WK High Date

20 Feb 2024

52-WK Low

268.00

52-WK Low Date

16 Mar 2023

All Time High

425.00

All Time High Date

29 Nov 2022

All Time Low

15.33

All Time Low Date

20 Sep 2013

Panama Petrochem Ltd

Panama Petrochem Ltd was incorporated on 9 March 1982. The Company manufactures speciality petroleum products under the brand name PANOL for diverse user industries like printing textiles rubber Pharmaceuticals cosmetics power and various industrial oils. It has manufacturing facilities at five plants namely Ankleshwar (Gujarat) Daman (Union Territory) and Marol (Mumbai) Taloja (Raigadh Maharashtra) and Dahej (Bharuch Gujarat). The Company is one of the leading manufacturers and exporters for various kinds of Petroleum specialties. The Company's diverse range of products include Mineral Oils Liquid Paraffins Transformer Oils Petroleum Jellies Ink Oils and Other Petroleum Specialty Products. It manufactures petroleum speciality products like agricultural spray oil dewatering fluid white oil transformer oil and liquid paraffin (I P).In Jan.'95 the company came out with a public issue to expand the capacity by nearly four times and to add value added products like liquid paraffin heavy (I P) petroleum jelly and greases.The company has a technical collaboration with Lubcon Lubricant Consult Germany for developing and marketing new products. In 1995-96 the company introduced petroleum sulphonate and other speciality oils.During 2000-01turnover of the company has registered a growth of 57% over the previous yearas the figures were stood at Rs.42.60 crores as against Rs.27.27 crores in the previous year.The Daman plant commenced production from December 2003. The Company got into an agreement with PETRONAS a Malaysian giant in January 2006 for marketing the Automotive Lubricants in Western India. New manufacturing plant at Taloja commenced operations from June 2007. During FY 2008-09 the Hon'ble High Court of Gujarat and Bombay vide its order dated 14th November 2008 approved the Scheme of Arrangement for De-merger of Securities Investment Business of Mobil Petrochem Pvt Ltd into Ittefaq Ice and Cold Storage Co. Pvt. Ltd; and Amalgamation of Mobil Petrochem Pvt. Ltd. (Residual Business) with Panama Petrochem Ltd. which became operative with effect from the Appointed Date i.e. 1st January 2008.The Construction of Phase I Dahej Plant with a capacity of 30000 metric tonnes was commissioned in August 2010. Panol Industries RMZ FZE UAE formed as a wholly owned subsidiary of the Company in 2012-13 had started its business operation during the year 2013-14.

Panama Petrochem Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

2168

EPS - TTM (₹) [S]

21.27

P/E Ratio (X) [S]

2.69

Face Value (₹) 2
Latest Dividend (%)150.00
Latest Dividend Date 17 Nov 2023
Dividend Yield (%) 2.23
Book Value Share (₹) [S]133.19
P/B Ratio (₹) [S]2.69
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Motilal Oswal Nifty Microcap 250 Index Fund-Reg (G) 0.60 18414 0.19
Motilal Oswal Nifty Microcap 250 Index Fund-Dir (G) 0.60 18414 0.19

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

354.05

369.90

Week Low/High

328.05

371.00

Month Low/High

304.10

371.00

Year Low/High

268.00

371.00

All time Low/High

0.14

425.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week7.39%7.37%1.290.78%
1 Month13.60%13.87%4.244.59%
3 Month16.86%16.63%11.1212.17%
6 Month22.32%22.49%12.1114.24%
1 Year17.03%16.86%23.0726.85%
3 Year98.97%99.03%47.4551.03%

Company Info

Company Information

Chairman & Exec. Director : Amirali E Rayani

Managing Director & CEO : Amin A Rayani

Joint MD & Executive Director : Hussein V Rayani

Executive Director : Samir A Rayani

Independent Non Exe. Director : Mukesh T Mehta

Independent Non Exe. Director : Madan Mohan Jain

Independent Non Exe. Director : Nargis Mirza Kabani

Independent Non Exe. Director : Kumar Raju Nandimandalam

Registered Office: Plot No 3303, GIDC Estate,Ankleshwar,Gujarat-393002 Ph: 91-2646-221068

Email:ankl@panamapetro.com

URL:http://www.panamapetro.com