Panama Petrochem logo

Panama Petrochem share price

NSE: PANAMAPETBSE: 524820Petroleum ProductsSmall Cap

Last close ₹448.20down ₹12.90 (2.80%)BSE ₹448.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹461.10.

52-week range of traded prices to 23 Oct 2026
₹229.00Low, 30 Mar 2026₹599.60High, 12 Aug 2026
Market cap
₹2,711 Cr1,199th largest listed
P/E
5.7
P/B
1.8
Dividend yield
0.67%
ROE
35.2%
ROCE
38.4%
Debt to equity
0.05
Volume, NSE
1,67,11142.4% delivered

Share price

Daily closes since Jan 2007, BSE closes Jan 2007 to Sep 2011, adjusted for splits and bonuses

+59.8%over a year

Results20-session average 2,95,548 shares a day, 45.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹1,735 Crup 110.89%
Net profit
₹309 Crup 334.59%
Net margin
17.8%

Revenue by year

Peak revenue ₹3,064 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 31 JanMar 2025Filed 10 JunJun 2025Filed 31 JulSep 2025Filed 11 NovDec 2025Filed 10 FebMar 2026Filed 29 MayJun 2026Filed 12 Aug
Revenue6997286956937737758231,735
Net profit44494443534671309
Net margin6.3%6.7%6.4%6.1%6.9%5.9%8.6%17.8%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Speciality Petroleum Products, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 2,480 trading days over the last 10 years.

LowestHighest
Its median10.8Industry median10.0
Price to book

At or below today's level on 41% of 1,979 trading days since Oct 2018.

LowestHighest
Its median1.9Industry median2.1
EV to EBITDA4.4

At or below today's level on 1% of 1,979 trading days since Oct 2018.

LowestHighest
Its median6.7Industry median7.5
Dividend yield

At or below today's level on 25% of 2,465 trading days over the last 10 years.

LowestHighest
Its median1.41%Industry median2.76%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−37.7%+13.6%−46.3%1.3%
3 years−5.8%−3.0%−4.5%1.6%
5 years+12.0%+9.4%+0.4%2.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters63.16%
  • Foreign institutions11.13%
  • Indian institutions0.01%
  • Individuals and others25.71%
Holder
AMIN AMIRALI RAYANIPromoter8.04%
ITTEFAQ ICE AND COLD STORAGE COMPANY PRIVATE LIMITEDPromoter7.60%
ARIF AMIRALI RAYANIPromoter6.07%
SHELINA ARIF RAYANIPromoter5.27%
PANAMA BUILDERS DEVELOPERS PVT LTDPromoter4.66%
BEGUMBANU AKBERALI RAYANIPromoter4.14%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Lubricants, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Panama Petrochem in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Castrol India logoCastrol IndiaCASTROLIND19,25218.110.112.1+11.8%+11.1%57.0%73.7%5.91%
Gulf Oil Lubricants India logoGulf Oil Lubricants IndiaGULFOILLUB5,14713.73.48.2+16.3%+1.4%25.0%22.9%4.91%
Savita Oil Technologies logoSavita Oil TechnologiesSOTL4,67711.32.68.7+26.1%+221.6%23.8%27.2%0.73%
Gandhar Oil Refinery (India) logoGandhar Oil Refinery (India)GANDHAR2,8689.52.16.2+32.8%+299.6%23.3%28.0%0.94%
Veedol Corporation logoVeedol CorporationVEEDOL2,20210.02.17.5+12.9%+21.3%22.6%22.3%4.59%
GP Petroleums logoGP PetroleumsGULFPETRO3267.90.95.9+18.8%+55.1%12.1%14.3%0.78%
Arabian Petroleum logoArabian PetroleumARABIAN1079.51.5–+44.9%+23.5%17.6%–0.00%
Greenhitech Ventures logoGreenhitech VenturesGVL4965.60.5–––1.3%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹8.00 a share, years to Mar 2022 and Mar 2023.
Ex-dateTypePer share
17 Aug 2026Final₹3.00
2 Sep 2025Final₹3.00
22 Nov 2024Interim₹2.00
22 Aug 2024Final₹4.00
17 Nov 2023Interim₹3.00
22 Aug 2023Final₹5.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Panama Petrochem share price by year

Each calendar year to 2025.Panama Petrochem share price history

YearClose at year endChangeHighest closeLowest close
2025284.70−22.2%398.45267.15
2024366.05+10.3%439.95304.50
2023331.90−4.2%366.80270.85
2022346.30+39.4%415.10217.15
2021248.45+153.1%301.2593.55
202098.15+45.7%102.8027.15
201967.35−47.4%133.6058.05
2018128.15−48.5%250.00105.85
2017249.00+322.0%259.2563.80
201659.00+18.4%68.3035.23
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026463.90463.90443.60448.20449.661,67,11142.4%
22 Oct 2026466.55466.65451.10461.10459.631,50,06038.4%
21 Oct 2026483.00484.10462.60465.15468.941,25,04452.6%
19 Oct 2026493.60495.80476.30479.35479.741,44,81542.3%
16 Oct 2026493.85499.90486.10488.10491.341,05,26349.5%
15 Oct 2026518.00519.00488.15491.35495.963,24,25552.9%
14 Oct 2026500.00517.05495.00513.55509.782,19,52246.1%
13 Oct 2026519.00525.00488.00498.85497.302,28,36542.8%
12 Oct 2026497.00516.00496.05513.00508.782,27,94944.3%
9 Oct 2026501.45502.50485.35495.90495.591,94,66436.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
3 Oct 2017Bonus0.6667Holders received 1 bonus share for every 2 held.
19 Sep 2014Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Panama Petrochem Limited
NSE symbol
PANAMAPET
BSE code
524820
ISIN
INE305C01029
Industry
Petroleum Products
Listed
Apr 1995 on BSE, Sep 2011 on NSE
Face value
₹2
CIN
L23209GJ1982PLC005062
Corporate identity number, the registrar of companies' code for it