Panama Petrochem Limited

Specialty petroleum products manufacturer with global reach and diverse product range for various industries.

1982 | Vadodara, Gujarat (India) | Active
Last Updated:

Panama Petrochem Profile

Key Indicators

  • Authorised Capital ₹ 25.55 Cr
  • Paid Up Capital ₹ 12.10 Cr
  • Company Age 43 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 773.00 Cr
  • Satisfied Charges ₹ 1,009.65 Cr
  • Revenue Growth 10.96%
  • Profit Growth 5.35%
  • Ebitda 8.94%
  • Net Worth 19.31%
  • Total Assets -4.81%

About Panama Petrochem

Panama Petrochem Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 March 1982 and has a history of 43 years and two months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524820 and on the National Stock Exchange(NSE) under PANAMAPET.

The Corporate was formerly known as Panama Petrochem Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.55 Cr and a paid-up capital of Rs 12.10 Cr.

The company currently has active open charges totaling ₹773.00 Cr. The company has closed loans amounting to ₹1,009.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Panama Petrochem Limited India are Samir Rayani as Ceo, Pramod Maheshwari as Cfo, and Gayatri Sharma as Company Secretary. Amirali Rayani, Samir Rayani, Hussein Rayani, and Five other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L23209GJ1982PLC005062

  • Company No.

    005062

  • Stock Symbol

    BSE : 524820 NSE : PANAMAPET

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1982

  • Date of AGM

    29 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

What products or services does Panama Petrochem Limited offer?

Panama Petrochem Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Lubricants, Dyes & Color Additives, Solvent Dyes, Grease, Industrial Oils, Paraffin Wax, Fully Refined Paraffin Wax, Rubber Processing Oil, Transformer Parts.

Company report

Panama Petrochem Limited

Explore comprehensive data for Panama Petrochem Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Panama Petrochem?

Executive Team (4)

NameDesignationAppointment DateStatus
Hussein Rayani Country flag representing In Managing Director30-May-2011Current
Samir Rayani Country flag representing In Managing Director01-Dec-2000Current
Pramod Maheshwari Country flag representing In CFO21-May-2014Current
Gayatri Sharma Country flag representing In Company Secretary08-Dec-2010Current

Board Members (6)

NameDesignationAppointment DateStatus
Amirali Rayani Country flag representing In Whole-Time Director 09-Mar-1982Current
Arif Rayani Country flag representing In Whole-Time Director 01-Aug-2023Current
Kumar Nandimandalam Country flag representing In Director 10-Aug-2018Current
Ashok Mukhi Country flag representing In Director 01-Aug-2023Current
Arvind Shah Country flag representing In Director 01-Aug-2023Current
Nargis Kabani Country flag representing In Director 13-Feb-2015Current

Financial Performance of Panama Petrochem.

Panama Petrochem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.96% increase. The company also saw a slight improvement in profitability, with a 5.35% increase in profit. The company's net worth Soared by an impressive increase of 19.31%.

Panama Petrochem revenue growth over time
Panama Petrochem profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.96%
Revenue from Operations
10.96%
Total Assets
-4.81%
Profit or Loss
5.35%
Net Worth
19.31%
EBITDA
8.94%

What is the Ownership and Shareholding Structure of Panama Petrochem?

In 2023, Panama Petrochem had a promoter holding of 58.54% and a public holding of 41.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹773.00 Cr

Satisfied Charges

₹1,009.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 281.00 Cr
  • Hdfc Bank Limited : 130.00 Cr
  • Citi Bank N.A. : 95.00 Cr
  • Axis Bank Limited : 90.00 Cr
  • Idbi Bank Limited : 65.00 Cr
  • Others : 112.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2020Others₹80.00 CrOpen
18 Dec 2017Axis Bank Limited₹90.00 CrOpen
17 Nov 2017Others₹65.00 CrOpen
30 Jan 2017Hdfc Bank Limited₹130.00 CrOpen
28 Dec 2016Others₹96.00 CrOpen

How Many Employees Work at Panama Petrochem?

Panama Petrochem has a workforce of 130 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Panama Petrochem Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Panama Petrochem, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panama Petrochem's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Panama Petrochem

Recent activity within the organization

  • Annual General Meeting

    Panama Petrochem Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Panama Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 80.00 Cr registered on 28 Feb 2020 with Charge ID 100329724 was modified on 15 Nov 2021.

  • Charges

    A charge with Axis Bank Limited of Rs. 90.00 Cr registered on 18 Dec 2017 with Charge ID 100146511 was modified on 14 Jun 2021.

  • Charges

    A charge registered on 29 Aug 2011 via Charge ID 10310395 with Dbs Bank Ltd was fully satisfied on 11 Dec 2020.

  • Charges

    A charge with Others amounted to Rs. 80.00 Cr with Charge ID 100329724 was registered on 28 Feb 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Panama Petrochem Limited?

    Panama Petrochem Limited was incorporated on 09 Mar 1982.

  • What is authorized share capital and paid-up capital of Panama Petrochem Limited?

    The authorized share capital of Panama Petrochem Limited is ₹ 25.55 Cr and paid-up capital is ₹ 12.10 Cr.

  • Who are the current board members & directors of Panama Petrochem Limited?

    Currently 11 directors are associated with Panama Petrochem Limited.

    • Amirali Essabhai Rayani
    • Samir Akbarali Rayani
    • Hussein Vazirali Rayani
    • Arif Amirali Rayani
    • Kumar Raju Nandimandalam
    • Ashok Bhulchand Mukhi
    • Arvind Maganlal Shah
    • Nargis Mirza Kabani
    • Samir Akbarali Rayani
    • Pramod Maheshwari
    • Gayatri Sharma

  • What is the registered address of Panama Petrochem Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Panama Petrochem Limited is Plot No 3303, Gidc Estate India, Ankleshwar, Gujarat, 393002.

  • What is the corporate identification number (CIN) and company number of Panama Petrochem Limited?

    The corporate identification number (CIN) of Panama Petrochem Limited is L23209GJ1982PLC005062 and the company number is 005062 as per Ministry of Corporate Affairs (MCA).

  • Is Panama Petrochem Limited registered with any stock exchange in India?

    Yes, Panama Petrochem Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PANAMAPET.

  • What is the official website of Panama Petrochem Limited?

    The Official website of Panama Petrochem Limited is https://www.panamapetro.com

  • What has been the recent revenue trend for Panama Petrochem Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Panama Petrochem Limited has risen by 10.96%.

  • How many employees does Panama Petrochem Limited currently have?

    As Per 2023 financial reports, 130 employees are currently employed by Panama Petrochem Limited.

  • What change has been observed in the net worth of Panama Petrochem Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Panama Petrochem Limited has experienced an upsurge of 19.31%.

  • What are the total open charges for Panama Petrochem Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Panama Petrochem Limited amount to ₹ 773.00 Cr.

  • When was the last Balance Sheet of Panama Petrochem Limited filed with the ROC?

    The most recent Balance Sheet for Panama Petrochem Limited was filed with the ROC on 31 Mar 2024.

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