down arrow

Panasonic Carbon

  • Market Cap: Micro Cap
  • Industry: Electrodes & Welding Equipment
  • ISIN: INE013E01017
  • NSEID: PANCARBON
  • BSEID: 508941
INR
477.95
10.2 (2.18%)
BSENSE

Apr 11, 12:50 PM

BSE+NSE Vol: 997

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

997 (-45.82%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

63.27%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 2.87% and Operating profit at 3.83% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 12.7, it has a Very Expensive valuation with a 1.4 Price to Book Value

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electrodes & Welding Equipment

stock-summary
Market cap

INR 228 Cr (Micro Cap)

stock-summary
P/E

11.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

2.57%

stock-summary
Debt Equity

-0.04

stock-summary
Return on Equity

12.72%

stock-summary
Price to Book

1.39

Revenue and Profits (1 Year):
Net Sales:
13 Cr
(Quarterly Results - Dec 2024)
Net Profit:
5 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (2.57%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.66%
0%
-28.66%
1 Year
-3.62%
2.36%
-1.26%
2 Years
34.84%
6.72%
41.56%
3 Years
11.98%
9.17%
21.15%
4 Years
3.95%
10.78%
14.73%
5 Years
67.67%
21.02%
88.69%

Latest dividend: 12 per share ex-dividend date: Jun-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
2.87%
EBIT Growth (5y)
3.83%
EBIT to Interest (avg)
14.25
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.37
Tax Ratio
25.82%
Dividend Payout Ratio
30.99%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
58.73%
ROE (avg)
12.38%
Valuation key factors
Factor
Value
P/E Ratio
11
Industry P/E
29
Price to Book Value
1.39
EV to EBIT
13.50
EV to EBITDA
12.95
EV to Capital Employed
1.40
EV to Sales
4.06
PEG Ratio
0.38
Dividend Yield
2.57%
ROCE (Latest)
10.53%
ROE (Latest)
12.72%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Panasonic Holdings Corporation (63.27%)

Highest Public shareholder

None

Individual Investors Holdings

31.04%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.30% vs -10.02% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 0.20% vs -16.86% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "13.25",
          "val2": "13.29",
          "chgp": "-0.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.88",
          "val2": "3.94",
          "chgp": "-1.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.99",
          "val2": "4.98",
          "chgp": "0.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.28%",
          "val2": "29.65%",
          "chgp": "-0.37%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.76% vs -9.85% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 20.04% vs 26.81% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "28.06",
          "val2": "25.80",
          "chgp": "8.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "9.23",
          "val2": "7.46",
          "chgp": "23.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "10.96",
          "val2": "9.13",
          "chgp": "20.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "32.89%",
          "val2": "28.91%",
          "chgp": "3.98%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 6.41% vs -7.75% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 14.42% vs 29.55% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "41.31",
          "val2": "38.82",
          "chgp": "6.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.11",
          "val2": "11.57",
          "chgp": "13.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "15.95",
          "val2": "13.94",
          "chgp": "14.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "31.74%",
          "val2": "29.80%",
          "chgp": "1.94%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 2.37% vs 0.30% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 44.89% vs -16.42% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "51.31",
          "val2": "50.12",
          "chgp": "2.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "15.34",
          "val2": "10.82",
          "chgp": "41.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "18.59",
          "val2": "12.83",
          "chgp": "44.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.90%",
          "val2": "21.59%",
          "chgp": "8.31%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
13.25
13.29
-0.30%
Operating Profit (PBDIT) excl Other Income
3.88
3.94
-1.52%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
4.99
4.98
0.20%
Operating Profit Margin (Excl OI)
29.28%
29.65%
-0.37%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -0.30% vs -10.02% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 0.20% vs -16.86% in Sep 2024

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
28.06
25.80
8.76%
Operating Profit (PBDIT) excl Other Income
9.23
7.46
23.73%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
10.96
9.13
20.04%
Operating Profit Margin (Excl OI)
32.89%
28.91%
3.98%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.76% vs -9.85% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 20.04% vs 26.81% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
41.31
38.82
6.41%
Operating Profit (PBDIT) excl Other Income
13.11
11.57
13.31%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
15.95
13.94
14.42%
Operating Profit Margin (Excl OI)
31.74%
29.80%
1.94%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 6.41% vs -7.75% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 14.42% vs 29.55% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
51.31
50.12
2.37%
Operating Profit (PBDIT) excl Other Income
15.34
10.82
41.77%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
18.59
12.83
44.89%
Operating Profit Margin (Excl OI)
29.90%
21.59%
8.31%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 2.37% vs 0.30% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 44.89% vs -16.42% in Mar 2023

stock-summaryCompany CV
About Panasonic Carbon India Company Ltd. stock-summary
stock-summary
Panasonic Carbon India Company Ltd.
Micro Cap
Electrodes & Welding Equipment
Panasonic Carbon India Co. Ltd. (Formerly known Indo Matsushita Carbon Company) was established in September,1982. The Company is the sole manufacturer of high standard Carbon Rods in India and a leading manufacturer of Carbon Rods in the World. Commenced commercial production in 1984, the Company manufactures Carbon Rods through Foreign Collaboration Agreement with Matsushita Electric Industrial Company, Japan. It belongs to the Rs 200-cr Obul Reddy group.
Company Coordinates stock-summary
Company Details
Pottipati Plaza 3rd Floor, 77 Nungambakkam High Road Chennai Tamil Nadu : 600034
stock-summary
Tel: 91-44-28275216/26/28275015
stock-summary
manorajan.r@jp.panasonic.com
Registrar Details
Cameo Corporate Services Ltd , Subramanian Buildings No 1 , Club House Road, Chennai