Panama Petrochem Limited (PANAMAPET) AI Stock Analysis

• Market Cap: ₹20.34B
• Dividend Yield: 1.78%
• Average Volume (3M): 1.72K
• Price to Earnings (P/E): 11.3
• Beta (1Y): 1.04
• Revenue Growth: 12.70%
• EPS Growth: -10.00%
• Country: IN
• Employees: 164
• Sector: Energy
• Sector Strength: 43
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 7.04
• Shares Outstanding: 60,493,600
• 10 Day Avg. Volume: 1,487
• 30 Day Avg. Volume: 1,722
• PEG Ratio: -2.96
• Price to Book (P/B): 1.83
• Price to Sales (P/S): 0.82
• P/FCF Ratio: 17.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹397.00
• Price Target Upside: 14.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ₹397.00 ▲(14.26% Upside)

Panama Petrochem Limited's strong financial performance is the primary driver of its overall score, supported by robust revenue growth and a solid balance sheet. Technical analysis indicates some bearish momentum, which slightly weighs on the overall score. Valuation metrics are favorable, suggesting the stock is reasonably priced with a decent dividend yield.

Panama Petrochem Limited Business Overview & Revenue Model

Company Description

Panama Petrochem Limited (PANAMAPET) is a prominent player in the petrochemical sector, primarily engaged in the manufacturing and sale of petroleum specialty products. The company offers a diverse range of products including petroleum jelly, liquid paraffin, transformer oils, industrial oils, and automotive lubricants. Catering to both domestic and international markets, Panama Petrochem Limited serves various industries such as cosmetics, pharmaceuticals, power, engineering, textiles, and rubber.

How the Company Makes Money

Panama Petrochem Limited generates revenue through the production and sale of its extensive range of petroleum specialty products. The company earns income primarily by supplying these products to a wide array of industries, ensuring a diversified customer base. Key revenue streams include the sale of industrial and automotive oils, as well as specialty products like petroleum jelly and liquid paraffin. The company also benefits from strategic partnerships and collaborations that enhance its product distribution and market reach. Export sales contribute significantly to the company's earnings, with a substantial portion of its products being sold internationally, leveraging its manufacturing capabilities and global network to boost profitability.

Panama Petrochem Limited Financial Statement Overview

Summary

Panama Petrochem Limited exhibits strong financial health with consistent revenue growth and a stable capital structure. The company maintains profitability with healthy margins, although some operational efficiency challenges are noted. Cash flow generation is positive, but past volatility should be monitored. The low leverage and solid equity position provide a strong foundation for future growth.

Income Statement

Panama Petrochem Limited has demonstrated strong revenue growth over the years, with a notable increase from 2024 to 2025. The gross profit margin is robust, indicating efficient cost management. However, there is a slight decrease in EBIT margin compared to 2024, suggesting some pressure on operational efficiency. Net profit margin is healthy, reflecting good profitability.

Balance Sheet

The company's balance sheet is solid with a high equity ratio, reflecting a strong capital structure. Debt-to-equity ratio is low, indicating low leverage and reduced financial risk. Return on equity is impressive, driven by the company's consistent profitability.

Cash Flow

Panama Petrochem Limited shows a positive free cash flow, with a noticeable improvement in operating cash flow in 2025. The free cash flow to net income ratio is strong, suggesting efficient cash conversion. However, previous periods displayed volatility in operating cash flow, which could pose potential risks.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.39B	27.93B	23.57B	22.49B	21.32B	14.47B
Gross Profit	4.42B	4.44B	3.81B	4.81B	4.64B	3.19B
EBITDA	2.72B	2.59B	2.68B	3.15B	2.98B	1.93B
Net Income	2.04B	1.87B	1.95B	2.33B	2.30B	1.35B
Balance Sheet
Total Assets	0.00	15.24B	14.09B	12.35B	12.53B	9.93B
Cash, Cash Equivalents and Short-Term Investments	884.40M	1.96B	1.33B	2.22B	1.39B	745.05M
Total Debt	0.00	326.00M	260.10M	4.40M	300.70M	656.43M
Total Liabilities	-11.74B	2.69B	3.07B	2.83B	4.85B	4.32B
Stockholders Equity	11.74B	12.55B	11.03B	9.52B	7.68B	5.61B
Cash Flow
Free Cash Flow	0.00	1.35B	-772.80M	1.74B	1.40B	310.82M
Operating Cash Flow	0.00	1.62B	-279.50M	2.10B	1.70B	560.73M
Investing Cash Flow	0.00	-118.60M	667.60M	-787.20M	-1.11B	-141.99M
Financing Cash Flow	0.00	-778.60M	-228.40M	-960.30M	-674.80M	-12.90M

Panama Petrochem Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 347.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PANAMAPET, the sentiment is Negative. The current price of 347.45 is below the 20-day moving average (MA) of 352.16, below the 50-day MA of 356.24, and below the 200-day MA of 364.06, indicating a bearish trend. The MACD of -3.48 indicates Positive momentum. The RSI at 34.98 is Neutral, neither overbought nor oversold. The STOCH value of 16.15 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PANAMAPET.

Panama Petrochem Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PANAMAPET	76 Outperform	₹20.34B	11.33		1.78%	12.70%	-10.00%
GANDHAR	73 Outperform	₹14.71B	19.50		0.33%	-5.76%	-40.43%
SOTL	70 Outperform	₹27.96B	21.85		0.97%	1.95%	-43.79%
GULFPETRO	65 Neutral	₹2.11B	8.01		―	-7.00%	-5.00%
HINDPETRO	59 Neutral	₹868.26B	8.50		2.55%	-1.06%	3.34%
Sector *	57 Neutral	HK$80.00B	2.27	1.58%	5.41%	0.06%	-49.68%