Panama Petrochem Limited delivered a robust financial performance for the financial year ended March 31, 2026, with standalone net profit after tax rising 22.89% year-on-year to ₹143.28 Crore from ₹116.59 Crore in the previous year. The company's standalone revenue from operations grew 10.48% to ₹1,961.81 Crore, and standalone EBITDA increased 16.52% to ₹210.17 Crore, reflecting improved operating performance and margin expansion.

Standalone Financial Performance

The company's standalone financials for FY 2025-26 demonstrated consistent growth across key metrics. The following table summarises the key standalone financial highlights:

The improvement in profitability was primarily attributable to higher sales volumes, a favourable product mix, operational efficiencies, and prudent cost control measures. Finance costs on a standalone basis stood at ₹8.30 Crore, while depreciation and amortisation expense was ₹8.55 Crore for FY 2025-26.

Consolidated Financial Performance

On a consolidated basis, the group — comprising Panama Petrochem Limited and its wholly-owned subsidiary Panol Industries RMC FZE (UAE) — also reported healthy growth:

Consolidated earnings per share increased to ₹35.13 from ₹30.92 in the previous financial year.

Subsidiary Performance: Panol Industries RMC FZE

Panol Industries RMC FZE, the company's wholly-owned subsidiary incorporated in Ras Al Khaimah, UAE, manufactures petroleum specialty products and serves the GCC and MENA regions. Net sales of the subsidiary increased from ₹1,017.17 Crore in the previous year to ₹1,102.45 Crore during FY 2025-26. However, net profit during the period declined by 1.75% to ₹69.21 Crore, compared to a net profit of ₹70.44 Crore in the previous year. The subsidiary transferred ₹2.89 Crore to General Reserve out of retained earnings during the year.

Dividend and Capital

The Board of Directors, at its meeting held on May 29, 2026, recommended a final dividend of ₹3/- (150%) per equity share of face value ₹2/- each for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting. The dividend payout ratio for the year under review stands at 12.66%, with total dividend outflow on equity shares amounting to ₹18.15 Crore. The paid-up equity share capital as on March 31, 2026 was ₹12.10 Crore, with no new shares issued during the year.

Key Financial Ratios

The following table presents select key financial ratios for FY 2025-26:

Foreign Exchange and CSR

During FY 2025-26, the company recorded total foreign exchange inflow of ₹700.24 Crore and total foreign exchange outflow of ₹1,265.64 Crore. Exports comprised 35.69% of total standalone turnover for the year. The company spent ₹3.79 Crore on CSR initiatives during FY 2025-26, directed towards healthcare and education projects, fulfilling its statutory CSR obligation for the year. The cost auditors' remuneration for FY 2026-27 has been set at ₹2,20,000/- (Rupees Two Lakhs & Twenty Thousand only) plus out-of-pocket expenses, subject to shareholder ratification at the 44th Annual General Meeting scheduled for Monday, August 24, 2026.

Panama Petrochem Ltd has fixed Monday, August 17, 2026 as the record date to determine the entitlement of members eligible to receive the dividend for the financial year ended March 31, 2026. This announcement was made pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company will conduct its Forty-fourth Annual General Meeting on Monday, August 24, 2026 at 11:30 A.M. IST. The meeting will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Key Dates