Panasonic Carbon India Company (BSE 508941)₹379.35−1.68%Electrodes & Refractories
In the Mar 2026 quarter (standalone), Panasonic Carbon India Company reported sales of ₹10.21 Cr, down 19.8% from Mar 2025, and net profit of ₹4.55 Cr, down 6.6% year on year. For the year to Mar 2026, sales were ₹55.15 Cr and net profit ₹20.98 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12.63 | 13.24 | 13.04 | 12.52 | 14.81 | 13.33 | 13.28 | 12.73 | 15.92 | 17.15 | 11.59 | 10.21 |
| Expenses | 8.76 | 9.52 | 8.89 | 8.71 | 9.46 | 9.32 | 9.35 | 8.90 | 10.35 | 10.58 | 8.64 | 6.95 |
| Operating Profit | 3.82 | 3.67 | 4.12 | 3.77 | 5.29 | 3.95 | 3.89 | 3.77 | 5.51 | 6.53 | 2.91 | 3.23 |
| OPM % | 30.3% | 27.7% | 31.6% | 30.1% | 35.8% | 29.7% | 29.3% | 29.7% | 34.7% | 38.1% | 25.1% | 31.7% |
| Other Income | 2.51 | 2.56 | 2.56 | 2.75 | 2.89 | 2.93 | 3.00 | 2.92 | 3.12 | 3.35 | 3.10 | 3.14 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.16 | 0.17 | 0.17 | 0.18 | 0.15 | 0.15 | 0.17 | 0.16 | 0.16 | 0.17 | 0.17 | 0.17 |
| Profit before tax | 6.15 | 6.04 | 6.49 | 6.31 | 8.01 | 6.70 | 6.69 | 6.51 | 8.45 | 9.68 | 5.82 | 6.18 |
| Tax % | 25.3% | 25.3% | 26.0% | 26.6% | 25.3% | 25.9% | 25.6% | 25.3% | 25.5% | 39.0% | 23.7% | 26.3% |
| Net Profit | 4.60 | 4.51 | 4.80 | 4.64 | 5.98 | 4.99 | 4.98 | 4.87 | 6.29 | 5.91 | 4.46 | 4.55 |
| EPS (Rs) | 9.59 | 9.41 | 10.01 | 9.67 | 12.47 | 10.36 | 10.39 | 10.16 | 13.11 | 12.31 | 9.26 | 9.49 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.14 | 49.08 | 44.10 | 45.13 | 45.12 | 49.12 | 50.14 | 50.13 | 51.11 | 54.16 | 55.15 | 54.87 |
| Expenses | 33.91 | 30.93 | 31.89 | 33.93 | 29.91 | 29.94 | 34.90 | 38.92 | 35.92 | 36.88 | 36.93 | 36.52 |
| Operating Profit | 15.01 | 18.01 | 12.01 | 11.02 | 15.03 | 19.01 | 15.03 | 11.02 | 15.02 | 17.01 | 18.04 | 18.18 |
| OPM % | 32.0% | 36.0% | 28.0% | 25.0% | 34.0% | 38.0% | 30.0% | 22.0% | 30.0% | 31.0% | 33.0% | 33.1% |
| Other Income | 5.98 | 6.97 | 6.97 | 7.96 | 7.97 | 7.97 | 6.97 | 6.98 | 9.97 | 11.95 | 12.94 | 12.71 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.67 |
| Profit before tax | 20.96 | 24.95 | 17.95 | 17.96 | 22.96 | 24.93 | 19.96 | 17.96 | 24.93 | 27.96 | 29.94 | 30.13 |
| Tax % | 35.0% | 34.0% | 30.0% | 30.0% | 25.0% | 26.0% | 25.0% | 27.0% | 26.0% | 26.0% | 30.0% | — |
| Exceptional items | 0.02 | 0.91 | 0.08 | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.03 | — |
| Net Profit | 12.99 | 15.99 | 11.99 | 11.99 | 16.98 | 18.99 | 14.99 | 12.99 | 18.99 | 20.98 | 20.98 | 21.21 |
| EPS (Rs) | 28.02 | 33.47 | 25.59 | 25.59 | 35.28 | 39.33 | 31.94 | 26.68 | 38.67 | 43.35 | 44.19 | 44.17 |
| Dividend payout % | 35.9% | 29.9% | 38.9% | 39.0% | 27.9% | 29.9% | 37.9% | 44.9% | 30.9% | 27.9% | 27.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 | 4.98 |
| Reserves | 60.95 | 68.93 | 84.92 | 90.95 | 97.83 | 109 | 123 | 132 | 139 | 152 | 167 | 183 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 10.95 | 11.95 | 6.96 | 6.97 | 5.97 | 5.97 | 5.97 | 5.97 | 4.98 | 5.97 | 5.97 | 5.97 |
| Total Liabilities | 76.88 | 85.86 | 96.86 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 | 194 |
| Fixed Assets | 2.99 | 2.99 | 9.99 | 8.99 | 8.01 | 6.99 | 5.99 | 6.01 | 4.99 | 5.01 | 3.99 | 3.99 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 73.89 | 82.87 | 86.87 | 92.91 | 101 | 112 | 128 | 137 | 144 | 158 | 173 | 189 |
| Inventories | 2.01 | 3.01 | 2.01 | 3.01 | 2.01 | 2.01 | 2.01 | 3.01 | 3.01 | 2.01 | 3.01 | 4.01 |
| Trade receivables | 4.01 | 3.01 | 4.01 | 3.01 | 3.01 | 3.01 | 5.02 | 5.02 | 3.01 | 4.02 | 5.01 | 5.02 |
| Cash & equivalents | 63.90 | 73.87 | 76.85 | 83.80 | 87.85 | 84.80 | 101 | 1.99 | 0.99 | 0.99 | 1.99 | 0.99 |
| Total Assets | 76.88 | 85.86 | 96.86 | 103 | 109 | 119 | 134 | 143 | 149 | 162 | 178 | 194 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 3.99 | 7.99 | 9.99 | 8.99 | 7.99 | 9.99 | 11.99 | 7.99 | 8.99 | 1.99 | 7.99 | 10.99 |
| Cash from investing activity | 4.99 | 4.99 | −3.99 | −3.99 | −1.99 | −3.99 | −6.98 | −1.99 | −4.99 | 2.99 | −0.99 | −5.99 |
| Cash from financing activity | −3.99 | −4.99 | −5.99 | −5.99 | −5.99 | −5.99 | −4.99 | −5.99 | −5.99 | −5.99 | −5.99 | −5.99 |
| Net cash flow | 5.01 | 9.03 | 1.01 | −1.01 | 0.00 | −1.01 | 0.00 | 1.01 | −1.01 | 0.00 | 1.01 | −1.01 |
| Capex | 0.21 | 0.26 | 7.82 | 0.94 | 0.43 | 0.18 | 0.06 | 0.21 | 0.58 | 0.35 | 0.26 | 0.45 |
| Free cash flow | 2.99 | 7.99 | 2.99 | 7.99 | 7.99 | 9.99 | 11.98 | 7.99 | 8.99 | 1.99 | 7.99 | 10.99 |
| CFO / OP % | 91.9% | 98.9% | 102.9% | 113.9% | 116.9% | 99.9% | 99.9% | 89.9% | 131.9% | 56.9% | 90.9% | 103.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 35 | 24 | 27 | 22 | 26 | 27 | 36 | 38 | 21 | 27 | 33 | 30 |
| Inventory days | 64 | 63 | 61 | 91 | 58 | 77 | 74 | 63 | 51 | 56 | 85 | 98 |
| Days payable | 97 | 75 | 107 | 99 | 84 | 70 | 101 | 59 | 40 | 67 | 68 | 48 |
| Cash conversion cycle | 2 | 11 | −18 | 14 | 0 | 34 | 8 | 42 | 32 | 15 | 49 | 80 |
| Working capital days | −16 | −22 | 22 | 17 | 9 | 17 | 20 | 931 | 662 | 916 | 1,011 | 1,014 |
| ROCE % | 22.0% | 30.0% | 28.0% | 19.0% | 18.0% | 21.0% | 21.0% | 15.0% | 12.0% | 17.0% | 17.0% | 17.0% |
For the Mar 2026 quarter, Panasonic Carbon India Company reported sales of ₹10.21 Cr, down 19.8% year on year and net profit of ₹4.55 Cr, down 6.6% year on year. The operating margin was 31.7%.
Panasonic Carbon India Company's sales for the year to Mar 2026 were ₹55.15 Cr; over the last twelve months they were ₹54.87 Cr.
Net profit for the year to Mar 2026 was ₹20.98 Cr, and ₹21.21 Cr over the last twelve months. Earnings per share over the same trailing period were ₹44.17.
Panasonic Carbon India Company reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.99 Cr.
Cash from operations was ₹10.99 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹10.99 Cr.