Panama Petrochem's Q1 FY 2025-26 Quarterly Results

Result Summary

• Panama Petrochem Ltd reported a 6.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 3.6%.
• Its expenses for the quarter were down by 3.9% QoQ and up 5.5% YoY.
• The net profit decreased 30.1% QoQ and decreased 15.0% YoY.
• The earnings per share (EPS) of Panama Petrochem Ltd stood at 7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Panama Petrochem Ltd is a company that operates in the petrochemical industry, primarily focusing on the production and distribution of petroleum derivatives. The company's product portfolio includes white oils, liquid paraffin, petroleum jelly, and industrial oils, which are used across various sectors such as pharmaceuticals, cosmetics, textiles, and rubber. Panama Petrochem Ltd has a presence in both domestic and international markets, contributing to its diversified revenue streams. As of now, no recent major developments or strategic initiatives have been publicly disclosed for the company.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Panama Petrochem Ltd reported a total income of ₹697.23 crores. This figure represents a decline of 6.3% when compared to the previous quarter (Q4FY25), where total income stood at ₹744.30 crores. However, when compared to the same quarter in the previous year (Q1FY25), there is a 3.6% increase from ₹672.72 crores. The variations in total income may reflect changes in market demand, pricing strategies, or other operational factors affecting revenue generation during these periods.

Profitability

For the quarter ending in Q1FY26, Panama Petrochem Ltd reported a profit before tax of ₹52.58 crores, marking a significant decrease of 28.7% from the preceding quarter Q4FY25, where the profit before tax was ₹73.74 crores. When compared to Q1FY25, there is a 14.4% reduction from the previous year's figure of ₹61.43 crores. The profit after tax for Q1FY26 is reported at ₹42.62 crores, reflecting a 30.1% decrease from the previous quarter and a 15.0% decrease year-over-year. The earnings per share (EPS) followed a similar trend, decreasing to ₹7.00 in Q1FY26 from ₹10.10 in Q4FY25 and ₹8.30 in Q1FY25, corresponding to declines of 30.7% QoQ and 15.7% YoY.

Operating Metrics

Total expenses for Panama Petrochem Ltd in Q1FY26 amounted to ₹644.65 crores, which is a decrease of 3.9% from Q4FY25, where expenses were ₹670.56 crores. However, there is an increase of 5.5% compared to Q1FY25, where expenses were ₹611.29 crores. The tax expense for the quarter decreased by 21.9% QoQ from ₹12.76 crores in Q4FY25 to ₹9.96 crores in Q1FY26, and by 11.5% YoY from ₹11.26 crores in Q1FY25. These operating metrics suggest variations in cost management and tax obligations which may have influenced the financial outcomes for the quarter.