- 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.