Panama Petrochem Limited (PANAMAPET) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Panama Petrochem Limited ₹233, price ₹487, upside -52.1%, quality 52 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹200.24 – ₹545.50 · fair‑value band ₹207.55 – ₹309.34 · the ₹487.10 price screens above the ₹233.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Panama Petrochem Limited engages in the manufacture and sale of specialty petroleum products for printing, textile, rubber, pharmaceutical, cosmetic, power, and other industrial oil industries in India and internationally.
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Panama Petrochem Limited engages in the manufacture and sale of specialty petroleum products for printing, textile, rubber, pharmaceutical, cosmetic, power, and other industrial oil industries in India and internationally. It offers white/liquid paraffin oil; petroleum jellies; transformer oil; rubber process oil; textile oils, including Panol-KNT and antistatic coning oil; industrial oils; greases, such as lithium and lithium complex, calcium and sodium based, and aluminum greases; automotive engine, gear, and transmission oils, as well as other automotive lubricants; drilling fluids; and fully- and semi-refined paraffin, slack, and micro waxes. The company also provides oils for ink, resin, and paint industries comprising petroleum distillates, aroma free distillates, naphthenic oils, high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits under the PANOL brand. It exports its products to the United States, the United Kingdom, the Middle East, Europe, Australia, African sub-continent, and Southeast Asia. Panama Petrochem Limited was founded in 1975 and is based in Mumbai, India.
Stock analysis
Panama Petrochem Limited (PANAMAPET) currently trades at ₹487.10, while our model-based Fair Value estimate is ₹233.37, 52.1% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹595.07 per share, and 6 of the 17 models we run sit above the ₹487.10 price.
Bear case: the Dividend Discount group reads lowest at ₹33.33, and 11 of the 17 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹207.55 (bear) to ₹309.34 (bull), the price of ₹487.10 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Energy sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Panama Petrochem Limited reported revenue of ₹30.6B in FY2026 versus ₹21.3B in FY2022, a compound +9.5%/yr. Reported net income was ₹2.1B in FY2026, compounding −2.0%/yr from FY2022.
Key figures
Market cap ₹29.5B (≈ $306M) · P/E ratio 13.9 · P/S ratio 0.96 · EPS (TTM) ₹35.12 · Dividend yield 0.6% · Net margin 6.9% · Return on equity 15.6% · Return on assets (EBIT) 19.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 110% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −66% fair-value upside, at −52%, PANAMAPET screens cheaper than that median.
Fair Value models
Bear ₹207.55Fair Value ₹233.37Bull ₹309.34
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹16.28 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.2%
Start year 2021 (pandemic). Over 10 years: +15.1% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.1%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+10.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.4%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.9.4% vs 23.8%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 9%
Compare Panama Petrochem Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Refining & Marketing · 104 stocks
Beats the industry median on 5/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score52 · Below median
Fair Value upside−52.1% · Bottom 25%
Profitability
Return on equity (TTM)15.6% · Above median
Return on assets10.0% · Top 25%
Net margin (TTM)6.9% · Above median
Operating margin (TTM)10.7% · Above median
Growth and dividend
Revenue growth18.3% · Below median
Dividend yield (TTM)0.6% · Bottom 25%
Valuation Multiplesvs Oil & Gas Refining & Marketing median · lower = cheaper
P/E (TTM)13.9× · Cheaper than median
P/B2.01× · Pricier than median
P/S (TTM)0.96× · Priciest 25%
EV/EBITDA9.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 20
FUTURE (revenue growth)92· sector 99
PAST (return on equity)62· sector 48
HEALTH (low debt)100· sector 85
DIVIDEND (yield)12· sector 65
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Panama Petrochem Limited (PANAMAPET) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹233.37 versus a price of ₹487.10, about −52% upside (overvalued).
What is the fair value of PANAMAPET?
Our model-based fair value for Panama Petrochem Limited is ₹233.37 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹487.10.
What is the quality score of PANAMAPET?
Panama Petrochem Limited has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Panama Petrochem Limited (PANAMAPET)?
Our model-based price target is the fair value of ₹233.37 (as of Sep 27, 2026) from 17 valuation models. Cautious scenario ₹207.55, optimistic scenario ₹309.34. It is a calculation from audited fundamentals, not an analyst target.
What is the Panama Petrochem Limited stock forecast for 2026?
Our models put fair value at ₹233.37, about −52% upside versus a price of ₹487.10 (overvalued). Cautious scenario ₹207.55, optimistic scenario ₹309.34. The calculation is refreshed regularly with new filings.
What is the revenue of Panama Petrochem Limited (PANAMAPET)?
Panama Petrochem Limited reported trailing-twelve-month revenue of about ₹30.6B (latest available figure, as of Sep 27, 2026).
Does Panama Petrochem Limited pay a dividend?
Panama Petrochem Limited currently shows a dividend yield of about 0.62% relative to its recent price (as of Sep 27, 2026).
What is the intrinsic value of Panama Petrochem Limited (PANAMAPET)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Panama Petrochem Limited it is ₹233.37 per share (as of Sep 27, 2026), against a price of ₹487.10. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Panama Petrochem Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, PANAMAPET trades above its calculated fair value: price ₹487.10, fair value ₹233.37, a gap of about −52% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PANAMAPET?
No. The price is what the market pays today (₹487.10); the fair value is what the company's own numbers justify (₹233.37). For Panama Petrochem Limited the two are ₹253.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is Panama Petrochem Limited worth?
The market values Panama Petrochem Limited at about ₹29.5B (market capitalisation, as of Sep 27, 2026). Per share that is ₹487.10; our models calculate a fair value of ₹233.37 per share.
What do the bullish and bearish scenarios say about PANAMAPET?
Our models span a range for Panama Petrochem Limited: cautious scenario ₹207.55, base ₹233.37, optimistic ₹309.34 per share (as of Sep 27, 2026, price ₹487.10). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PANAMAPET?
Panama Petrochem Limited trades at a price-to-earnings ratio of 13.9 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹233.37 is built from several models across several years. Other multiples: P/B 2.0, P/S 1.0, EV/EBITDA 9.9.
How solid is the balance sheet of Panama Petrochem Limited (PANAMAPET)?
Balance-sheet figures for Panama Petrochem Limited (as of Sep 27, 2026): return on equity 15.6%. They feed the Quality Score of 52/100, which measures business quality independently of the share price.
How far is PANAMAPET from its 52-week high?
Panama Petrochem Limited trades at ₹487.10, about 11% below its 52-week high of ₹545.50 and 110% above the low of ₹232.10 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹233.37 is for.
Which stocks are comparable to Panama Petrochem Limited?
From the same area (Energy) we also value Reliance Industries Limited, Valero Energy Corporation, Marathon Petroleum Corporation, Phillips 66, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Panama Petrochem Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹487.10, calculated fair value ₹233.37 (−52%), Quality Score 52/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PANAMAPET calculated?
We run Panama Petrochem Limited through 17 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹233.37, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Panama Petrochem Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Panama Petrochem Limited (PANAMAPET)?
The closing price on Oct 1, 2026 was ₹487.10. Our model-based fair value is ₹233.37, about −52% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Panama Petrochem Limited right now?
The price sits above even our optimistic bull case (₹309.34). The favourable scenario is already priced in. Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Panama Petrochem Limited (PANAMAPET) come from?
Earnings per share at Panama Petrochem Limited grew +23.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +14.7 %, EBIT margin +3.6 %, tax rate +1.7 %, residual (interest, one-offs) +2.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Panama Petrochem Limited
How large is the market capitalisation of Panama Petrochem Limited (PANAMAPET)?
The market capitalisation of Panama Petrochem Limited is ₹29.5B (≈ $306M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Panama Petrochem Limited (PANAMAPET)?
The price-to-sales ratio of Panama Petrochem Limited is 0.96 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Panama Petrochem Limited (PANAMAPET)?
Earnings per share at Panama Petrochem Limited are ₹35.12 (price ÷ EPS = P/E 13.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Panama Petrochem Limited (PANAMAPET)?
The dividend yield of Panama Petrochem Limited is 0.6% (payout 8.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Panama Petrochem Limited (PANAMAPET)?
The net margin of Panama Petrochem Limited is 6.9% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Panama Petrochem Limited (PANAMAPET)?
The return on equity (ROE) of Panama Petrochem Limited is 15.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Panama Petrochem Limited (PANAMAPET)?
On an EBIT basis the return on assets of Panama Petrochem Limited is 19.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Panama Petrochem Limited (PANAMAPET)?
The operating margin of Panama Petrochem Limited is 10.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Panama Petrochem Limited (PANAMAPET)?
Revenue at Panama Petrochem Limited is growing +18.3% versus a year earlier (3y avg +10.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Panama Petrochem Limited (PANAMAPET)?
Earnings per share at Panama Petrochem Limited are growing +60.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Panama Petrochem Limited (PANAMAPET) generate?
The free cash flow of Panama Petrochem Limited is −₹1.3B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Panama Petrochem Limited (PANAMAPET) carry?
The net debt of Panama Petrochem Limited is ₹285M (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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