Integrated Filing — IndAS



General information about company
Scrip Code 524820
NSE Symbol PANAMAPET
MSEI Symbol NOTLISTED
ISIN INE305C01029
Name of company PANAMA PETROCHEM LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Speciality Petroleum Products
Start date and time of board meeting 26-May-2025   11:00:00
End date and time of board meeting 26-May-2025   12:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 6952300000 27928900000
Other income 37900000 122800000
Total income 6990200000 28051700000
2 Expenses
(a) Cost of materials consumed 5630600000 22067300000
(b) Purchases of stock-in-trade 148800000 1365700000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -59300000 -68700000
(d) Employee benefit expense 162900000 281100000
(e) Finance costs 45500000 181600000
(f) Depreciation, depletion and amortisation expense 32600000 123700000
(f) Other Expenses
1 Other expenditure 474800000 1817200000
Total other expenses 474800000 1817200000
Total expenses 6435900000 25767900000
3 Total profit before exceptional items and tax 554300000 2283800000
4 Exceptional items 0 0
5 Total profit before tax 554300000 2283800000
6 Tax expense
7 Current tax 107800000 403800000
8 Deferred tax 3800000 9700000
9 Total tax expenses 111600000 413500000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 442700000 1870300000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 442700000 1870300000
17 Other comprehensive income net of taxes -40800000 14400000
18 Total Comprehensive Income for the period 401900000 1884700000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0 0
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 121000000 121000000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 12429100000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.32 30.92
Diluted earnings (loss) per share from continuing operations 7.32 30.92
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.32 30.92
Diluted earnings (loss) per share from continuing and discontinued operations 7.32 30.92
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2326600000
Capital work-in-progress 191700000
Investment property 272800000
Goodwill 0
Other intangible assets 516000000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 188500000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 6900000
Total non-current financial assets 195400000
Deferred tax assets (net) 0
Other non-current assets 46400000
Total non-current assets 3548900000
2 Current assets
Inventories 4092300000
Current financial asset
Current investments 0
Trade receivables, current 5034800000
Cash and cash equivalents 1670500000
Bank balance other than cash and cash equivalents 146200000
Loans, current 110900000
Other current financial assets 148100000
Total current financial assets 7110500000
Current tax assets (net) 29900000
Other current assets 457900000
Total current assets 11690600000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 15239500000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 121000000
Other equity 12429100000
Total equity attributable to owners of parent 12550100000
Non controlling interest 0
Total equity 12550100000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 296700000
Total non-current financial liabilities 296700000
Provisions, non-current 24200000
Deferred tax liabilities (net) 111200000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 432100000
Current liabilities
Current financial liabilities
Borrowings, current 24900000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 77700000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2027600000
Total Trade payable 2105300000
Other current financial liabilities 56100000
Total current financial liabilities 2186300000
Other current liabilities 68400000
Provisions, current 2600000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2257300000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 2689400000
Total equity and liabilites 15239500000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified subsequently to profit or loss -53100000 -43600000
Total Amount of items that will not be reclassified to profit and loss -53100000 -43600000
2 Income tax relating to items that will not be reclassified to profit or loss -13400000 -11000000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss -1100000 47000000
Total Amount of items that will be reclassified to profit and loss -1100000 47000000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -40800000 14400000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2283800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 181600000
Adjustments for decrease (increase) in inventories 822800000
Adjustments for decrease (increase) in trade receivables, current -994800000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 256500000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -156000000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -346600000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 123700000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 900000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -111600000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 75500000
Adjustments for dividend income 100000
Adjustments for interest income 57400000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -63400000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -268900000
Net cash flows from (used in) operations 2014900000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 393800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1621100000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 209000000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 400000
Purchase of property, plant and equipment 272000000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 100000
Interest received 59000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 302900000
Net cash flows from (used in) investing activities -118600000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 230000000
Payments of lease liabilities 5700000
Dividends paid 361000000
Interest paid 181900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -778600000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 723900000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 700000
Net increase (decrease) in cash and cash equivalents 724600000
Cash and cash equivalents cash flow statement at beginning of period 945900000
Cash and cash equivalents cash flow statement at end of period 1670500000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 JMR & ASSOCIATES LLP CHARTERED ACCOUNTANTS Yes 31-May-2025