Panama Petrochem Profile
Key Indicators
- Authorised Capital ₹ 25.55 Cr
as on 24-10-2024
- Paid Up Capital ₹ 12.10 Cr
as on 24-10-2024
- Company Age 42 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 773.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 1,009.65 Cr
as on 24-10-2024
- Revenue 10.96%
(FY 2023)
- Profit 5.35%
(FY 2023)
- Ebitda 8.94%
(FY 2023)
- Net Worth 19.31%
(FY 2023)
- Total Assets -4.81%
(FY 2023)
About Panama Petrochem
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.
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Panama Petrochem?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hussein Rayani  | Managing Director | 30-May-2011 | Current |
| Samir Rayani | Managing Director | 01-Dec-2000 | Current |
| Pramod Maheshwari | CFO | 21-May-2014 | Current |
| Gayatri Sharma | Company Secretary | 08-Dec-2010 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amirali Rayani | Whole-Time Director | 09-Mar-1982 | Current |
| Arif Rayani | Whole-Time Director | 01-Aug-2023 | Current |
| Kumar Nandimandalam | Director | 10-Aug-2018 | Current |
| Ashok Mukhi | Director | 01-Aug-2023 | Current |
| Arvind Shah | Director | 01-Aug-2023 | Current |
| Nargis Kabani | Director | 13-Feb-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Panama Builders And Developers Private LimitedActive 27 years 3 monthsAmirali Rayani and Samir Rayani are mutual person
Ittefaq Ice And Cold Storage Company Private LimitedActive 36 years 11 monthsAmirali Rayani is a mutual person
- H.A.Constructions Private LimitedActive 20 years 1 month
Hussein Rayani and Arif Rayani are mutual person
Charges (Loans)
₹773.00 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2020 | Others | ₹80.00 Cr | Open |
| 18 Dec 2017 | Axis Bank Limited | ₹90.00 Cr | Open |
| 17 Nov 2017 | Others | ₹65.00 Cr | Open |
| 30 Jan 2017 | Hdfc Bank Limited | ₹130.00 Cr | Open |
| 28 Dec 2016 | Others | ₹96.00 Cr | Open |
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.
Deals i
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
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
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.
