Panasonic Appliances India Company Ltd

Platform	Last Traded Price	Min Quantity

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.

Balance Sheet	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

Profit & Loss	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

Shareholding Pattern

Color	Shareholder	Holding
	Panasonic Holdings Corporation, Japan	97.07%
	others	2.93%

Fundamentals

Quick Insights

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.

Market Cap-

PE Ratio-

EPS₹2.41

Dividend Yield-

Book Value₹82.56 Cr

Debt/Equity0.02

Price/Book-

Price/Sales-

Industry PE-

Sales₹326.4 Cr

Profit After Tax₹-3.57 Cr

Share Capital₹19.75 Cr

Shares Outstanding-

ISININE841C01015

Sectordomestic appliances

Symbol-

About Company

Panasonic Appliances India Company Ltd, a subsidiary of Panasonic Corporation, headquartered in Chennai, Tamil Nadu.