Panama Petrochem Ltd (PANAMAPET) — shareholding pattern, promoter holding, financials and share price
About Panama Petrochem Ltd (PANAMAPET)
Panama Petrochem Ltd operates in the Lubricants industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as PANAMAPET and on the BSE under scrip code 524820. Its ISIN is INE305C01029.
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]
Panama Petrochem Limited manufactures specialty petroleum products under the 'PANOL' brand, catering to diversified industries like textiles, rubber, and pharmaceuticals.
The company operates four manufacturing plants located across Ankleshwar, Daman, Taloja, and Dahej, ensuring optimal production capacity and efficiency.
Listed peers in Lubricants: Gulf Oil Lubricants India Ltd, Savita Oil Technologies Ltd, Veedol Corporation Ltd, Gandhar Oil Refinery (India) Ltd, GP Petroleums Ltd, Greenhitech Ventures Ltd.
Valuation & Returns
10 Jul 2026At ₹428.45 a share on 10 Jul 2026, Panama Petrochem Ltd (PANAMAPET) was valued at a price-to-earnings ratio of 12.2x against an industry P/E of 13.27x and a price-to-book of 1.77x on a book value of ₹242.78 per share. Solomo computes return on equity of 14.47% and return on capital employed of 17.38% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 12.2x
- Industry P/E
- 13.27x
- P/B
- 1.77x
- EPS (TTM)
- ₹35.13
- Book value / share
- ₹242.78
- ROE
- 14.47%
- ROCE
- 17.38%
- ROA
- 13.94%
- Debt / equity
- 0.08x
- Dividend yield
- 0.7%
- EBITDA margin
- 9.41%
- 52-week range
- ₹229 – ₹512
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Panama Petrochem Ltd (PANAMAPET) reported revenue of ₹3,064 crore, net profit of ₹212 crore and earnings per share of ₹35.13. That compares with revenue of ₹2,793 crore and net profit of ₹187 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹823 crore and net profit ₹71 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,132 | 2,249 | 2,357 | 2,793 | 3,064 |
| Net profit (₹ cr) | 230 | 233 | 195 | 187 | 212 |
| EPS (₹) | 38.08 | 38.51 | 32.26 | 30.92 | 35.13 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 10.52% | 16.90% | 4.87% | 18.51% |
| Profit growth | 21.51% | 44.94% | -12.05% | -4.16% |
| Stock price CAGR | 27% | 11% | 13% | 19% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 63.16% of Panama Petrochem Ltd (PANAMAPET) (unchanged from the previous quarter), foreign institutional investors (FII) hold 11.72% and domestic institutional investors (DII) hold 0.67%. Market capitalisation was ₹2,592 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: CONNECOR INVESTMENT ENTERPRISE LTD 3.72%, LGOF GLOBAL OPPORTUNITIES LIMITED 2.87%, ALLSTARS INVESTMENTS LIMITED 2.82%, ABRIDGE INVESTMENTS LTD 2.17%, LEGENDS GLOBAL OPPORTUNITIES (SINGAPORE) PTE. LTD. 1.89%, RAMESH DAMANI 1.16%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 63.16% | - | 11.72% | 0.67% | 36.84% |
| Mar 2026 | 63.16% | - | 11.29% | 0.67% | 36.84% |
| Dec 2025 | 63.16% | - | 11.29% | 0.67% | 36.84% |
| Sep 2025 | 62.52% | - | 12.03% | 0.47% | 37.48% |
| Jun 2025 | 62.22% | - | 12.07% | 0.35% | 37.78% |
| Mar 2025 | 61.94% | - | 12.44% | 0.29% | 38.06% |
| Dec 2024 | 61.94% | - | 15.77% | 0.05% | 38.06% |
| Sep 2024 | 61.94% | - | 14.71% | 0.06% | 38.06% |