Panasonic Carbon India Co. Limited

Panasonic Carbon India Co. Limited

BBSE:PANCARBON
379.95
INR
-9.85
(-2.53%)
39.99EPS
11.64P/E
2.24BMarket Cap
Panasonic Carbon India Co. Limited
BSE:PANCARBON
(Bombay Stock Exchange)

Recent

price

379.95

P/E

ratio

11.64

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
46.63
46.08
73.24
72.68
86.09
102.12
98.76
88.74
91.45
91.47
101.9
101.65
102.95
105.08
110.9
112.25
104.07
Revenue per Share
9.79
8.19
13.61
14.26
19.04
28.05
33.52
25.63
25.62
35.32
39.37
31.98
26.72
38.73
43.39
44.25
39.99
Basic EPS, GAAP
5.3
-4.31
5.08
2.91
7.26
17.03
5.51
16.96
15.57
19.69
25.01
16.04
18.56
4.09
16.46
21.95
- -
Free Cash Flow per Basic Share
8.16
8.14
8.14
8.19
8.19
9.63
12.01
12.02
12.06
12.06
10.03
11.9
11.97
12
12
12
- -
Dividend per Share
117.21
117.27
122.69
128.77
137.93
165.98
186.84
200.22
213.74
236.42
265.61
285.38
300.11
326.67
358.13
390.99
- -
Book Value per Share
117.21
117.27
122.69
128.77
137.93
165.98
186.84
200.22
213.74
236.42
265.61
285.38
300.11
326.67
358.13
390.99
- -
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
224
221
352
349
413
490
474
426
439
439
489
488
494
504
532
539
500
Sales/Revenue/Turnover
31.55
6.45
12.82
14.36
20.43
30.6
36.19
25.69
22.72
32.24
35.93
28.22
20.43
28.99
30.44
32.4
30.18
Operating Margin (%)
5
4
4
4
7
5
5
13
13
12
10
10
8
7
7
7
7
Depreciation Expense
47
39
65
68
91
135
161
123
123
170
189
153
128
186
208
212
192
Net Income, GAAP
33.48
32.59
32.96
34.02
34.74
35.42
34.4
29.8
29.79
25.06
25.59
24.97
26.69
25.78
25.53
29.64
30.03
Effective Tax Rate (%)
20.99
17.77
18.59
19.62
22.12
27.47
33.94
28.89
28.02
38.62
38.64
31.46
25.96
36.85
39.13
39.42
38.43
Profit Margin (%)
514
515
547
577
626
768
804
860
896
873
1,038
1,297
923
1,296
1,517
1,535
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
563
563
589
618
662
797
897
961
1,026
1,135
1,275
1,370
1,441
1,568
1,719
1,877
- -
Total Equity
8.41
7.87
11.35
11.34
14.28
13.25
14.31
8.34
7.09
9.83
10.82
7.8
5.26
7.23
7.36
6.82
- -
Return on Invested Capital (%)
8.41
6.99
11.35
11.34
14.28
18.46
19
13.25
12.38
15.69
15.69
11.61
9.13
12.36
12.67
11.81
- -
Return on Capital (%)
8.41
6.99
11.35
11.34
14.28
18.46
19
13.25
12.38
15.69
15.69
11.61
9.13
12.36
12.67
11.81
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
2,361
2,037
2,235

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,589
- -
Cash, Cash Equivalents & STI
- -
1,497
- -
Accounts Receivable, Net
- -
45
- -
Inventories
- -
38
- -
Total Current Liabilities
- -
54
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.97%
8.05%
9.18%
Free Cash Flow
42.34%
47.62%
33.36%
Net Income, GAAP
6.9%
4.75%
1.97%
Sales/Revenue/Turnover
1.09%
1.97%
1.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
148
133
132
127
532
2026
159
171
116
102
539
2027
111
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
12.47
10.37
10.39
10.16
43.39
2026
13.12
12.34
9.28
9.5
44.25
2027
8.87
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
12
2026
- -
- -
- -
- -
12
2027
- -
- -
- -
- -
- -
Business
Panasonic Carbon India Co. Limited manufactures and sells carbon rods as essential components for dry cell batteries to battery manufacturers in India and internationally; it produces approximately 40 sizes and 6 grades of carbon rods classified into five major categories, including UM-1 (R-20/D size), UM-2 (R-14/C size), UM-3 (R-6/AA size), UM-4 (R-03/AAA size), and special size carbon rods. The company operates a manufacturing facility in Tada Mandal, Tirupati Balaji District, Andhra Pradesh, and maintains its registered office at Pottipati Plaza, 3rd Floor, 77 Nungambakkam High Road, Chennai, Tamil Nadu. Founded in 1982 through a foreign collaboration agreement with Matsushita Group (now Panasonic Corporation, Japan), it serves as the sole manufacturer of high-standard carbon rods in India and a leading global producer, functioning as a subsidiary within the Panasonic group including entities such as P.T. Panasonic Gobel Energy Indonesia, Panasonic Energy India Co. Ltd., and Panasonic Life Solutions India Pvt. Ltd. The company continues to prioritize quality through advanced technology and a robust quality management system, supplying products to dry cell battery makers amid steady demand reflected in recent financial performance, including standalone net sales of Rs 17.12 crore for the quarter ended September 2025, up 28.83% year-over-year, and a dividend declaration of Rs 12 per share with a record date of June 19, 2025. In its fiscal year ended March 31, 2025, Panasonic Carbon India reported operating profit margins around 31% and profit after tax growth, while entering related party transactions approved for the period from April 1, 2025, involving sales of carbon rods to fellow subsidiaries like Panasonic Energy India Co. Ltd., P.T. Panasonic Gobel Energy Indonesia, Panasonic Trading and Logistics Asia Pacific (Singapore), and Panasonic Solutions Thailand Co. Ltd., alongside purchases and services from group entities such as Panasonic Procurement Asia Pacific and Panasonic Operational Excellence Co. Ltd. Recent board changes include the re-appointment of Managing Director R. Senthil Kumar for one year effective April 1, 2025, at enhanced remuneration of Rs 10 lakh monthly salary plus perquisites; appointment of Mogarala Sankara Reddy as Non-Executive Independent Director effective April 1, 2025; transition of Company Secretary from Shiva Prasad Padhy (up to May 15, 2025) to Brajesh Baral (effective May 16, 2025); and planned appointment of Akio Fujita as Non-Executive Director effective July 1, 2025, alongside retirement by rotation of Hidefumi Fujii. These developments underscore ongoing operational stability and alignment with Panasonic group's strategic ecosystem in the electrical industrial apparatus sector.