Panasonic Carbon India Company Ltd
₹ 504
0.22%
21 May
2:18 p.m.
About
Incorporated in 1982, Panasonic Carbon India Company Ltd manufactures Carbon
Rods[1]
Key Points
- Market Cap ₹ 242 Cr.
- Current Price ₹ 504
- High / Low ₹ 739 / 450
- Stock P/E 11.6
- Book Value ₹ 358
- Dividend Yield 2.37 %
- ROCE 17.0 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 34.5%
Cons
- The company has delivered a poor sales growth of 3.71% over past five years.
- Company has a low return on equity of 11.5% over last 3 years.
- Earnings include an other income of Rs.11.8 Cr.
* 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
Sector: Capital Goods-Non Electrical Equipment Industry: Electrodes - Graphites
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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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 41 | 49 | 49 | 44 | 45 | 45 | 49 | 50 | 50 | 51 | 54 | |
29 | 32 | 34 | 31 | 32 | 34 | 30 | 30 | 35 | 39 | 36 | 37 | |
Operating Profit | 5 | 9 | 15 | 18 | 12 | 11 | 15 | 19 | 15 | 11 | 15 | 17 |
OPM % | 16% | 22% | 32% | 36% | 28% | 25% | 34% | 38% | 30% | 22% | 30% | 31% |
5 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 7 | 7 | 10 | 12 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 10 | 14 | 21 | 25 | 18 | 18 | 23 | 25 | 20 | 18 | 25 | 28 |
Tax % | 34% | 35% | 35% | 34% | 30% | 30% | 25% | 26% | 25% | 27% | 26% | 26% |
7 | 9 | 13 | 16 | 12 | 12 | 17 | 19 | 15 | 13 | 19 | 21 | |
EPS in Rs | 14.27 | 19.04 | 28.04 | 33.52 | 25.62 | 25.62 | 35.31 | 39.38 | 31.98 | 26.73 | 38.73 | 43.40 |
Dividend Payout % | 49% | 42% | 36% | 30% | 39% | 39% | 28% | 30% | 38% | 45% | 31% | 28% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 4% |
3 Years: | 3% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 4% |
3 Years: | 11% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | 13% |
3 Years: | 8% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 11% |
Last Year: | 13% |
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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
Reserves | 57 | 61 | 69 | 85 | 91 | 98 | 109 | 123 | 132 | 139 | 152 | 167 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
9 | 11 | 12 | 7 | 7 | 6 | 6 | 6 | 6 | 5 | 6 | 6 | |
Total Liabilities | 71 | 77 | 86 | 97 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 |
3 | 3 | 3 | 10 | 9 | 8 | 7 | 6 | 6 | 5 | 5 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
67 | 74 | 83 | 87 | 93 | 101 | 112 | 128 | 137 | 144 | 158 | 173 | |
Total Assets | 71 | 77 | 86 | 97 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 4 | 8 | 10 | 9 | 8 | 10 | 12 | 8 | 9 | 2 | 8 | |
5 | 5 | 5 | -4 | -4 | -2 | -4 | -7 | -2 | -5 | 3 | -1 | |
4 | -4 | -5 | -6 | -6 | -6 | -6 | -5 | -6 | -6 | -6 | -6 | |
Net Cash Flow | 29 | 5 | 9 | 1 | -1 | 0 | -1 | 0 | 1 | -1 | -0 | 1 |
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 | 35 | 35 | 24 | 27 | 22 | 26 | 27 | 36 | 38 | 21 | 27 | 33 |
Inventory Days | 72 | 64 | 63 | 61 | 91 | 58 | 77 | 74 | 63 | 51 | 56 | 85 |
Days Payable | 108 | 98 | 76 | 108 | 100 | 85 | 71 | 102 | 60 | 41 | 68 | 69 |
Cash Conversion Cycle | -1 | 1 | 10 | -19 | 13 | -1 | 33 | 7 | 41 | 31 | 14 | 48 |
Working Capital Days | -18 | -16 | -22 | 22 | 17 | 9 | 17 | 20 | 931 | 662 | 916 | 1,011 |
ROCE % | 17% | 22% | 30% | 28% | 19% | 18% | 21% | 21% | 15% | 12% | 17% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 May - PCIN Newspaper Publication for the Quarter and year ended 31-03-2025
-
Appointment of Company Secretary and Compliance Officer
14 May - Approved FY25 audited results; recommended Rs.12 dividend; AGM on 26 June; new director and company secretary appointed.
-
Appointment Of Secretarial Auditor
14 May - Approved FY25 results; recommended Rs12/share dividend; AGM on 26 June 2025; key appointments and resignations.
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
14 May - Approved FY25 audited results; recommended Rs.12 dividend; AGM on 26 June; director and auditor appointments.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
14 May - Approved FY25 audited results; recommended Rs.12 dividend; AGM on June 26; new director and company secretary appointed.
Annual reports
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Financial Year 2024
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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 2018
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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
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company collaborated with Panasonic Corporation for obtaining Technical know-how and assistance for manufacture and sale of Midget Electrodes (Carbon Rods). Currently, PCICL is a sole manufacturer of high standard Carbon Rods in India and a leading manufacturer of Carbon Rods in the World