Panama Petrochem Ltd
Panama Petrochem Ltd (PANAMAPET)

Panama Petrochem Ltd (PANAMAPET)

₹290.30.11%

Key Stats

₹286
Day's Price Range
₹296.35
₹214.45
52-Week Price Range
₹359.5
1 Month Return-11.62 %
3 Month Return11.74 %
1 Year Return9.14 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 7
7.42
EPS
Rank 4
₹39.15
BVPS
Rank 10
₹126.99
Dividend Yield
Rank 9
1.38%
ROE
Rank 6
29.95%
Price To Book Ratio
Rank 13
2.28
Debt To Asset
Rank 11
0.43

Company Information

Incorporated in 1982 as a private limited company Panama Petrochem was converted into a public limited company in Dec.93. The company was promoted by the Rayanis with trading experience of over three decades in the industry.The company manufactures petroleum speciality products like agricultural spray oil dewatering fluid white oil transformer oil and liquid paraffin I P. Its products are marketed under the Panama brand name. Its manufacturing facilities are situated at Ankleshwar Gujarat Bombay and Panvel Thane district.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 199596 the company introduced petroleum sulphonate and other speciality oils.During 200001turnover 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.
OrganisationPanama Petrochem Ltd
HeadquartersAnkleshwar
IndustryPetrochemicals