Panasonic Appliances India Company Ltd - Unlisted Shares
Fundamentals
- Current Price
- ₹0
- Market Cap
- 0
- ISIN
- INE841C01015
- Face Value
- ₹10
- P/E Ratio
- 0
- EPS
- ₹2.41
- P/B Ratio
- 0
- Book Value
- 82.56
- Debt / Equity Ratio
- 0.02
Key Financials
Profit & Loss
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Net Revenue | 326.40 | 336.11 | 351.92 | 255.68 | 277.93 | 272.55 |
| Growth % | -2.89% | -4.49% | 37.64% | -8.01% | 1.98% | 0 |
| Total Operating Expenses | 326.64 | 333.67 | 339.29 | 242.22 | 266.87 | 262.81 |
| Growth % | -2.11% | -1.66% | 40.08% | -9.24% | 1.54% | 0 |
| Operating Profit (EBITDA) | -0.25 | 2.44 | 12.63 | 13.46 | 11.06 | 9.73 |
| Operating Profit Margin % | -0.08% | 0.73% | 3.59% | 5.26% | 3.98% | 3.57% |
| Other Income | 5.19 | 5.98 | 4.50 | 3.52 | 3.63 | 4.09 |
| Finance Costs | 2.75 | 2.12 | 0.73 | 1.04 | 5.51 | 1.66 |
| Depreciation and Amortization Expense | 6.86 | 5.37 | 5.31 | 5.31 | 5.51 | 5.16 |
| Profit beofore Tax | -4.66 | 0.93 | 11.09 | 10.62 | 3.67 | 7.01 |
| Income Tax | -1.10 | 0.36 | 0.75 | 0.03 | 0.00 | 0.00 |
| Tax % | 23.49% | 38.93% | 6.80% | 0.28% | 0.00% | 0.00% |
| Profit After Tax | -3.57 | 0.56 | 10.33 | 10.59 | 3.67 | 7.01 |
| Growth % | -731.49% | -94.53% | -2.40% | 188.75% | -47.68% | 0 |
| PAT % | -1.09% | 0.17% | 2.94% | 4.14% | 1.32% | 2.57% |
| EPS | 2.41 | 0.45 | 8.15 | 8.35 | 2.89 | 5.81 |
Company Financials
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Equity Capital | 19.75 | 12.68 | 12.68 | 12.68 | 12.68 | 12.68 |
| Reserves and Surplus | 102.30 | 43.28 | 54.31 | 43.98 | 33.39 | 29.72 |
| Total Equity | 122.05 | 55.95 | 66.99 | 56.65 | 46.07 | 42.40 |
| Long Term Borrowings | 0.00 | 21.63 | 0.18 | 1.00 | 2.50 | 0.00 |
| Other Long Term Liabilities | 1.99 | 2.80 | 2.03 | 1.64 | 1.64 | 1.48 |
| Total Non-Current Liabilities | 1.99 | 24.43 | 2.21 | 2.64 | 4.14 | 1.48 |
| Short Term Borrowings | 2.17 | 10.38 | 10.38 | 0.00 | 0.00 | 0.00 |
| Other Current Liabilities | 41.71 | 52.71 | 68.43 | 58.16 | 59.35 | 58.10 |
| Total Current Liabilities | 43.87 | 63.09 | 78.81 | 58.16 | 59.35 | 58.10 |
| Equity + Liabilities | 167.91 | 143.47 | 148.01 | 117.45 | 109.55 | 101.97 |
| Fixed Assets (incl. WIP) | 66.22 | 53.72 | 34.14 | 33.04 | 34.44 | 35.25 |
| Other Non Current Assets | 6.08 | 7.29 | 5.34 | 3.99 | 1.73 | 0.95 |
| Total Non Current Assets | 72.30 | 61.01 | 39.49 | 37.03 | 36.17 | 36.20 |
| Trade Receivables | 28.88 | 34.33 | 42.48 | 32.01 | 31.53 | 37.17 |
| Cash and Bank Balances | 29.11 | 1.73 | 0.98 | 4.97 | 0.03 | 2.49 |
| Other Current Assets | 37.62 | 46.39 | 65.07 | 43.44 | 41.83 | 26.11 |
| Total Current Assets | 95.61 | 82.46 | 108.52 | 80.42 | 73.39 | 65.77 |
| Total Assets | 167.91 | 143.47 | 148.01 | 117.45 | 109.55 | 101.97 |
Shareholding Pattern
- Panasonic Holdings Corporation, Japan
- 97.07%%
- others
- 2.93%%
Strengths & Weaknesses
Strengths
- Diverse Product Portfolio:The company offers a wide range of consumer appliances such as automatic cookers, mixer grinders, wet grinders, and oven toasters.
- Brand Legacy: Panasonic enjoys a strong reputation as a reliable, quality-driven global brand, which supports customer trust and loyalty.
- Strategic Cost Optimization: Focus on operational efficiencies has allowed the company to optimize production costs, ensuring competitive pricing and shareholder benefits through discount schemes.
- Stable Corporate Governance: Presence of well-defined committees (e.g., Audit, Nomination & Remuneration) ensures compliance and oversight of financial and managerial decisions.
Weaknesses
- Financial Losses:The company incurred losses during FY 2024, leading to the inability to declare dividends for shareholders
- Dependence on Limited Product Categories: Heavy reliance on kitchen appliances such as rice cookers and grinders exposes the company to market saturation and demand risks.
- High Competition: Intense competition from both domestic and international brands in the consumer durables sector impacts market share and margins.
- Revenue Volatility: Fluctuations in revenue growth were observed, with operating income remaining inconsistent across the years.
About Panasonic Appliances India Company Ltd
Panasonic Appliances India Company Ltd, a subsidiary of Panasonic Corporation, headquartered in Chennai, Tamil Nadu.
Board of Directors
- T. Ganesan - Managing Director
- Rajashree Santhanam - Independent Director
- Ajit Gopal Nambiar - Independent Director
- Ken Nakayama - Executive Director
- Shimobayashi Nobuyuki - Non-Executive Director
Senior Management
- T. Ganesan - Managing Director
- J Satish Kumar - CFO
- Ajay Shukla - Company Secretary