Is Panasonic Carbon India Company a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Panasonic Carbon India Company Ltd is a good quality company .

Is Panasonic Carbon India Company undervalued or overvalued?

The key valuation ratios of Panasonic Carbon India Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Panasonic Carbon India Company share price return in the past 10 years?

Panasonic Carbon India Company Ltd share price has appreciated 5.3% annually (CAGR) over the past ten years.

Is Panasonic Carbon India Company a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Panasonic Carbon India Company Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Panasonic Carbon India Company?

The latest standalone P/E ratio of Panasonic Carbon India Company as of 25-Apr-2025 is 11.34.

What is the P/B ratio of Panasonic Carbon India Company?

The latest standalone P/B ratio of Panasonic Carbon India Company as of 25-Apr-2025 is 1.40.

What is the 52-week high and low of Panasonic Carbon India Company?

The 52-week high of Panasonic Carbon India Company is Rs. 739.00 and the 52-week low is Rs. 450.00.

Panasonic Carbon India Company Ltd - Stock Valuation and Financial Performance

Name: Panasonic Carbon India Company
Brand: Panasonic Carbon India Company

BSE: 508941 | NSE: PANCARBON | Electrodes & Welding Equipment | Small Cap

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Panasonic Carbon Share Price

₹486.50 -8.65 -1.75%
as on 25-Apr'25 16:59

10 Year X-Ray of Panasonic Carbon:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	22%	29.8%	30%	18.9%	17.6%	20.9%	21.1%	15.5%	12.5%	16.7%	-
Value Creation Index ⓘ	0.6	1.1	1.1	0.4	0.3	0.5	0.5	0.1	-0.1	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	41.3	49	48.9	43.8	45.3	45	48.9	50	50.1	51.3	54
Sales YoY Gr.	-	18.6%	-0.3%	-10.3%	3.3%	-0.6%	8.7%	2.2%	0.3%	2.4%	-
Adj EPS ⓘ	19	27.9	31.7	25.5	25.4	35.1	39.5	31.7	26.5	38.6	42.9
YoY Gr.	-	46.6%	13.5%	-19.3%	-0.6%	38%	12.7%	-19.7%	-16.6%	45.9%	-
BVPS (₹) ⓘ	137.9	153.9	186.8	200.2	213.7	236.4	265.6	285.4	300.1	326.7	347.8
Adj Net Profit ⓘ	9.1	13.4	15.2	12.3	12.2	16.8	19	15.2	12.7	18.5	21
Cash Flow from Ops. ⓘ	3.7	8.5	10.5	9.1	7.9	9.7	12.1	7.9	9.5	2.3	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	2.4%	2.5%	1.6%	2.4%
Adj EPS ⓘ	8.2%	8.7%	-0.8%	45.9%
BVPSⓘ	10.1%	8.9%	7.1%	8.9%
Share Price	5.3%	11.4%	5.4%	-3.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	14.3	19.1	18.6	13.2	12.3	15.6	15.7	11.5	9.1	12.3	12.7
Op. Profit Mgn % ⓘ	22	31.5	36.1	28	25	34.2	38.1	29.6	21.6	29.9	31.3
Net Profit Mgn % ⓘ	22.1	27.3	31.1	28	26.9	37.4	38.8	30.5	25.4	36.1	38.3
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	266	233	145	77	88	157	197	589	1,009	1,063	472
Cash Conv. Cycle ⓘ	9	5	0	5	8	11	15	24	26	15	452

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.70%

Sales growth is good in last 4 quarters at 18.73%

Sales growth has been subdued in last 3 years 1.61%

Net Profit has been subdued in last 3 years -0.76%

Latest Financials - Panasonic Carbon India Company Ltd.

	Standalone	Consolidated
TTM EPS (₹)	42.9	-
TTM Sales (₹ Cr.)	53.8	-
BVPS (₹.) ⓘ	347.8	-
Reserves (₹ Cr.) ⓘ	162	-
P/BV ⓘ	1.40	-
PE ⓘ	11.34	-

From the Market
52 Week Low / High (₹)	450.00 / 739.00
All Time Low / High (₹)	28.80 / 1105.00
Market Cap (₹ Cr.)	234
Equity (₹ Cr.)	4.8
Face Value (₹)	10
Industry PE ⓘ	32.2

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	811	14	717	3.4	744	16.9	768	11.9
Adj EPS (₹) ⓘ	2	104.1	1.7	17.5	1.5	70.5	1.6	9.2
Op. Profit Mgn % ⓘ	11.24	184 bps	11.42	48 bps	10.27	270 bps	10.16	173 bps
Net Profit Mgn % ⓘ	6.79	314 bps	6.45	98 bps	5.56	187 bps	5.60	-11 bps

Management X-Ray of Panasonic Carbon:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Panasonic Carbon

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Panasonic Carbon

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Graphite India	461.8	-15.2 (-3.2%)	Small Cap	2,894	21.7	2.1	22	1.7
HEG	464	-13.2 (-2.8%)	Small Cap	2,395	10.3	9.6	46.5	2.2
Esab india	4,607.6	-66.5 (-1.4%)	Small Cap	1,259	111.9	12.7	41.8	18.6
Ador Welding	902.1	-3 (-0.3%)	Small Cap	884	19.8	6.9	45.6	3.2
GEE	138.1	0.5 (0.4%)	Small Cap	369	2.6	3.5	53.5	2.6
Diffusion Engineers	252.1	-10.8 (-4.1%)	Small Cap	257	6.3	8.5	42	2.8
D&H India	204.1	-3.4 (-1.6%)	Small Cap	158	4.1	1.7	50.5	3.8
Rasi Electrodes	18.9	-0.6 (-2.9%)	Small Cap	83.8	1	3.7	19.9	1.8
De Nora India	794.6	-37.8 (-4.5%)	Small Cap	73.8	7.6	24.8	110.2	3.8
Panasonic Carbon	486.5	-8.7 (-1.8%)	Small Cap	51.3	42.9	36.1	11.5	1.4

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	41	49	49	44	45	45	49	50	50	51
Operating Expenses ⓘ	32	34	31	32	34	30	30	35	39	36
Manufacturing Costs	10	10	9	9	9	8	8	8	9	9
Material Costs	14	15	13	13	15	12	12	16	19	15
Employee Cost	7	7	7	8	8	8	8	9	9	9
Other Costs ⓘ	2	2	2	2	2	2	2	2	2	2
Operating Profit ⓘ	9	15	18	12	11	15	19	15	11	15
Operating Profit Margin (%)	22.0%	31.5%	36.0%	27.9%	25.0%	34.2%	37.9%	29.6%	21.6%	29.9%
Other Income ⓘ	6	6	6	7	8	8	8	7	7	10
Interest ⓘ	0	0	0	0	0	0	0	0	0	0
Depreciation ⓘ	1	0	0	1	1	1	1	1	1	1
Exceptional Items ⓘ	0	0	1	0	0	0	0	0	0	0
Profit Before Tax ⓘ	14	21	25	18	18	23	25	20	17	25
Tax ⓘ	5	7	8	5	5	6	7	5	5	6
Profit After Tax	9	13	16	12	12	17	19	15	13	19
PAT Margin (%)	22.1%	27.5%	32.9%	28.1%	27.2%	37.7%	38.6%	30.7%	25.6%	36.2%
Adjusted EPS (₹)	19.0	28.1	33.5	25.6	25.6	35.3	39.4	32.0	26.7	38.7
Dividend Payout Ratio (%)	42%	36%	3%	39%	39%	28%	30%	38%	45%	31%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	66	74	90	96	103	113	127	137	144	157
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	61	69	85	91	98	109	123	132	139	152
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	4	3	4	4	3	2	3	3	2	3
Others Liabilities ⓘ	32	30	3	3	3	3	3	3	3	3
Total Liabilities ⓘ	102	107	97	103	109	119	134	143	149	162
Fixed Assets
Gross Block	36	37	10	11	11	11	11	11	11	12
Accumulated Depreciation	34	34	0	2	3	4	5	6	7	7
Net Fixed Assetsⓘ	3	3	10	9	8	7	6	6	5	5
CWIP ⓘ	0	0	0	0	0	0	0	0	1	0
Investmentsⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	2	3	2	3	2	2	2	3	3	2
Trade Receivables	4	3	4	3	3	3	5	5	3	4
Cash Equivalents	64	74	77	84	88	85	101	2	1	1
Others Assetsⓘ	28	25	3	4	7	21	19	127	137	151
Total Assets ⓘ	102	107	97	103	109	119	134	143	149	162

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	4	8	10	9	8	10	12	8	9	2
PBT ⓘ	14	21	25	18	18	23	25	20	17	25
Adjustment ⓘ	-5	-5	-5	-4	-5	-6	-6	-5	-6	-9
Changes in Working Capital ⓘ	-1	-0	-1	1	1	-1	-1	-2	3	-7
Tax Paid ⓘ	-5	-7	-8	-5	-5	-6	-7	-5	-5	-6
Cash Flow From Investing Activity ⓘ	5	5	-3	-4	-2	-4	-7	-2	-5	3
Capex	0	0	-8	-1	0	0	0	0	-1	0
Net Investments	0	0	-2	-9	-8	-11	-13	-7	-11	-3
Others ⓘ	5	6	6	5	6	7	6	6	7	6
Cash Flow From Financing Activityⓘ	-4	-5	-6	-6	-6	-6	-5	-6	-6	-6
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-4	-5	-6	-6	-5	-5	-5	-6	-6	-6
Others ⓘ	0	0	0	0	-1	-1	0	0	0	0
Net Cash Flow ⓘ	5	9	1	-1	0	-1	1	1	-1	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	14.28	19.22	19.67	13.25	12.38	15.69	15.69	11.61	9.13	12.36
ROCE (%)	21.96	29.84	29.99	18.87	17.63	20.94	21.08	15.47	12.45	16.65
Asset Turnover Ratio	0.45	0.49	0.5	0.45	0.43	0.39	0.39	0.36	0.34	0.33
PAT to CFO Conversion(x)	0.44	0.62	0.63	0.75	0.67	0.59	0.63	0.53	0.69	0.11
Working Capital Days
Receivable Days	31	26	25	26	24	26	30	36	29	23
Inventory Days	20	18	17	22	22	19	18	19	20	18
Payable Days	96	84	98	103	86	89	86	67	46	59

Panasonic Carbon India Company Ltd Stock News

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Panasonic Carbon India Company Ltd FAQs

What is the share price of Panasonic Carbon?

Company share prices are keep on changing according to the market conditions. The closing price of Panasonic Carbon on 25-Apr-2025 16:59 is ₹486.5.

What is the market cap of Panasonic Carbon?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2025 16:59 the market cap of Panasonic Carbon stood at ₹233.5.

What is the P/E ratio of Panasonic Carbon?

The latest P/E ratio of Panasonic Carbon as of 25-Apr-2025 16:59 is 11.34.

What is the P/B ratio of Panasonic Carbon?

The latest P/B ratio of Panasonic Carbon as of 25-Apr-2025 16:59 is 1.40.

What is the 52-week high and low of Panasonic Carbon?

The 52-week high of Panasonic Carbon is ₹739.0 and the 52-week low is ₹450.0.

What is the TTM revenue of Panasonic Carbon?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Panasonic Carbon is ₹53.79 ( Cr.) .

About Panasonic Carbon India Company Ltd

Panasonic Carbon India Company Ltd. (PCIN) formerly Indo Matsushita Carbon India Co. Ltd was incorporated on September 6, 1982.

The foundation stone of Panasonic Carbon India Co was laid on February 7, 1982 by T. Yamashita, President, Matsushita Electric Industrial Co.Ltd, Japan at Tada Mandal, Nellore District, Andhra Pradesh.

PCIN entered into a foreign collaboration agreement with Matsushita Group, Japan on 6th January 1982 for obtaining technical know-how and assistance for manufacture and sale of Midget Electrodes (Carbon Rods).

The company achieved success by setting up a quality management system. A system which ensures commitment of all employees towards compliance of stringent quality standards and also to meet the requirement of customers and achieve higher levels of customer satisfaction. A committed effort is to give more than what the customer needs from the companys products and services.

As part of this process the company established the Internationally accepted quality management system and got certified for ISO 9001:2000 Standards in October, 1995. Consequently series of, surveillance, inspection and recertification audits have become a part of an annual calendar of activities. This system has been successful in demonstrating companyâ€™s commitment to quality.

Product range of the company includes:

The company manufactures about 40 sizes and 6 Grades of Carbon Rods. These can be classified into five major categories such as UM-1(R-20/D size), UM-2(R-14/C size), UM-3(R-6/AA size), UM-4(R-3/AAA size) and special size carbon rods as per the customerâ€™s requirements.

Achievements/ recognition: