Panama Petrochem Posts Rs 29.26 Crore Profit in March Quarter; Announces Dividend of Rs 3/ share
By Ankur Chandra | Updated at: May 31, 2025 10:46 PM IST
MUMBAI | May 26, 2025 — Panama Petrochem Ltd. (BSE: 524820, NSE: PANAMAPET) released its financial results for the most recent quarter as well as for the entire year. A few more managerial decisions were also disclosed.
Key Financial Highlights (Standalone)
| Particulars | Q4 FY25 | Q4 FY24 | FY25 | FY24 | YoY Growth |
|---|---|---|---|---|---|
| Revenue from Operations | ₹455.82 Cr | ₹499.48 Cr | ₹1,775.72 Cr | ₹1,724.92 Cr | +2.9% |
| Total Income | ₹460.26 Cr | ₹502.81 Cr | ₹1,787.66 Cr | ₹1,736.19 Cr | +3.0% |
| EBITDA (est.) | ₹50.43 Cr | ₹57.89 Cr | ₹180.42 Cr | ₹199.89 Cr | -9.7% |
| Net Profit | ₹29.26 Cr | ₹36.89 Cr | ₹116.59 Cr | ₹131.25 Cr | -11.2% |
| EPS | ₹4.84 | ₹6.10 | ₹19.27 | ₹21.70 | — |
The company’s profitability dipped in FY25 largely due to higher finance costs and lower gross margins amid fluctuating raw material prices.
Key Financial Highlights (Consolidated)
| Particulars | Q4 FY25 | Q4 FY24 | FY25 | FY24 | YoY Growth |
|---|---|---|---|---|---|
| Revenue from Operations | ₹695.23 Cr | ₹740.97 Cr | ₹2,792.89 Cr | ₹2,356.74 Cr | +18.5% |
| Total Income | ₹699.02 Cr | ₹744.30 Cr | ₹2,805.11 Cr | ₹2,371.22 Cr | +18.3% |
| Net Profit | ₹44.27 Cr | ₹60.98 Cr | ₹187.03 Cr | ₹195.15 Cr | -4.2% |
| EPS | ₹7.32 | ₹10.08 | ₹30.92 | ₹32.26 | — |
Despite revenue growth from international operations, the consolidated bottom line was marginally lower due to increased input and finance costs.
Dividend Announcement
Panama Petrochem announced a dividend payout of ₹3 per equity share of face value ₹2 each.
Corporate Announcements
- Leadership Transition: Its current Chairman, Mr. Amirali Rayani, will step down effective July 31, 2025 and will be replaced by the current Executive Director, Mr. Arif Rayani, from August 1, 2025.
- The company has appointed JMR & Associates LLP as Statutory Auditors for a 5-year term.
- The company has appointed M/s Milind Nirkhe & Associates as Secretarial Auditor for a 5-year term.
- Mr. Hussein Rayani has been reappointed as Joint Managing Director for another five-year term from October 31, 2025.
Auditor’s Opinion
JMR & Associates LLP was the auditor of the company and found the financials as clean without any mistakes.
Strategic Outlook
- The company is focusing on the speciality petroleum products and is utilising its subsidiary, Panol Industries RMC FZE, to expand global reach.
- The company has a good cash position of ₹167.05 Cr and can use it to strengthen its exports.
Source: https://nsearchives.nseindia.com/corporate/PANAMAPET_26052025123750_outcome.pdf
