Panther Industrial Products Ltd
Incorporated in 1997, Panther Industrial Products Ltd is in the business of PVC sheets /films[1]
- Market Cap ₹ 8.93 Cr.
- Current Price ₹ 63.8
- High / Low ₹ 99.4 / 0.00
- Stock P/E
- Book Value ₹ 8.29
- Dividend Yield 0.00 %
- ROCE -5.21 %
- ROE -32.5 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.70 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -4.72% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.04 | 0.13 | 0.08 | 0.04 | 0.06 | 0.48 | 0.23 | 0.09 | 0.12 | 0.43 | 0.56 | 0.64 | 0.66 | |
| Operating Profit | -0.04 | -0.13 | -0.08 | -0.04 | -0.06 | -0.48 | -0.23 | -0.09 | -0.12 | -0.43 | -0.56 | -0.64 | -0.66 |
| OPM % | |||||||||||||
| 0.00 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.44 | 0.64 | 0.73 | 0.20 | 0.07 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.09 | 0.05 | 0.12 | 0.12 | 0.08 | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Profit before tax | -0.13 | -0.06 | -0.20 | -0.16 | -0.14 | -0.53 | -0.26 | -0.11 | 0.31 | 0.20 | 0.16 | -0.46 | -0.60 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.13% | 25.00% | 37.50% | 0.00% | |
| -0.12 | -0.06 | -0.19 | -0.17 | -0.14 | -0.53 | -0.27 | -0.11 | 0.26 | 0.15 | 0.10 | -0.46 | -0.59 | |
| EPS in Rs | -0.86 | -0.43 | -1.36 | -1.21 | -1.00 | -3.79 | -1.93 | -0.79 | 1.86 | 1.07 | 0.71 | -3.29 | -4.22 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -22% |
| 3 Years: | % |
| TTM: | -303% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | -1% |
| 3 Years: | -5% |
| Last Year: | -33% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 |
| Reserves | 8.92 | 8.86 | 8.66 | 8.50 | 0.63 | 0.10 | -0.17 | -0.28 | -0.02 | 0.13 | 0.22 | -0.19 |
| 7.65 | 7.65 | 7.65 | 7.65 | 7.64 | 7.42 | 7.42 | 7.42 | 7.42 | 7.42 | 7.42 | 7.42 | |
| 0.94 | 0.31 | 0.55 | 0.60 | 0.05 | 0.55 | 0.17 | 0.23 | 0.08 | 0.15 | 0.23 | 0.03 | |
| Total Liabilities | 18.91 | 18.22 | 18.26 | 18.15 | 9.72 | 9.47 | 8.82 | 8.77 | 8.88 | 9.10 | 9.27 | 8.66 |
| 0.24 | 0.32 | 0.36 | 0.23 | 0.15 | 0.10 | 0.06 | 0.03 | 0.02 | 0.05 | 0.03 | 0.03 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.79 | 0.79 | 0.79 | 0.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 17.88 | 17.11 | 17.11 | 17.13 | 9.57 | 9.37 | 8.76 | 8.74 | 8.86 | 9.05 | 9.24 | 8.63 | |
| Total Assets | 18.91 | 18.22 | 18.26 | 18.15 | 9.72 | 9.47 | 8.82 | 8.77 | 8.88 | 9.10 | 9.27 | 8.66 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.18 | -0.09 | -0.04 | 0.00 | 0.00 | -0.01 | -0.01 | 0.01 | 0.02 | -0.02 | ||
| 0.00 | -0.01 | -0.15 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| 0.02 | 0.19 | 0.24 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Net Cash Flow | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.01 | 0.01 | 0.02 | -0.02 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | ||||||||||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | ||||||||||||
| Working Capital Days | ||||||||||||
| ROCE % | -0.72% | -1.00% | -1.12% | -0.91% | -1.03% | -5.70% | -2.96% | -1.28% | 3.58% | 2.25% | 1.78% | -5.21% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Oct - Submission of compliance certificate under regulation 74(5) of SEBI (DP) Regulations, 2018 for the quater ended on 30th September, 2025
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - AGM on Sep 30, 2025: all four resolutions passed; appointments of statutory and secretarial auditors; audited FY2024-25 accounts adopted.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - 37th AGM on Sep 30, 2025; accounts adopted; MD reappointed; statutory and secretarial auditors appointed; auditors' reports qualified.
-
Closure of Trading Window
26 Sep - Trading window closed from Oct 1, 2025 until 48 hours after Q2 (30 Sep 2025) unaudited results.
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Reg. 34 (1) Annual Report.
10 Sep - 37th Annual Report and AGM notice for FY2024-25 submitted on 08.09.2025 (Script 524055).
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2009
from bse
Business Overview:[1]
PIPL manufactured PVC sheets/films, including Wavelock protective covers, using a unique lamination process that ensures 100% waterproofing and leak-proofing. The company sources technical expertise from Konrad Hornschuch Germany for premium upholstery material. Its PVC-reinforced film/sheeting capacity ranged from 1100 TPA to 3000 TPA, depending on the grade.