PANAMA PETRO MULTIBAGGER ONCE AGAIN

Panama petro first posted on my page last year @70
Again on twitter @114
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Panama Petrochem Ltd was established in 1982. With four manufacturing plants across India today, Panama Petrochem Ltd is one of the leading manufacturers and exporters of more than 80 variants of petroleum specialty products. The products are vital for various industries like inks and resins, textiles, rubber, pharmaceuticals, cosmetics, power, cables and other industrial purposes.
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Panama Petrochem Ltd, has four manufacturing units in India with a state of art technology and facilities located at Ankleshwar(Gujarat), Daman(Union Territory), Daman(Gujarat) and Taloja (Dist. Raigadh).
The plant at Dahej is a fully computerised plant built on DCS/PLC systems to meet international quality and manufacturing standards. Ankleshwar plant has a fully equipped and DSIR approved R&D centre.
Panama Petrochem Ltd, also has unfolded its range of manufacturing facilities through establishment of Panol Industries RMC, FZE a wholly owned subsidiary of the Company situated at Ras Al Khaimah, UAE. The company caters to the GCC and MENA regions and enjoys logistic advantage as it is situated on the port and has direct dedicated pipeline arrangements.
Products include
White oil
Petroleum jelly
Transformer oil
Ink and coating oil
Rubber process oil
Automative oils
Source (Annual report)
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LAST 3 YEARS SALES
2015: 805 cr
2016: 751Cr
2017: 833Cr

Last 3 years Inspite of NEGLIGIBLE Sales growth company has achieved good margins. Company has made capital expenditure which resulted improved EBIDTA but this year Company going to expand capacity considering product demands.
πŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈπŸ›οΈ
LAST 3 YEARS EBIDTA

2015: 31.86 Cr
2016: 48.67Cr
2017: 76.6 Cr
Ebidta has grown 140% approximately in 3 years.
⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️
LAST 3 YEARS EPS
2015: 3.98
2016: 6.13
2017: 10.71
Eps has grown 170% in 3 years.
🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️🏝️
NET PROFIT MARGIN
2015: 2.19%
2016: 3.34%
2017: 5.18%
COMPANY net profit margin CONTINOUSLY Improving.
Almost doubled in 3 years
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Panama petro serves various industries within india and outside india.
Considering products demand, company is expanding capacity through internal accruals.
PROMOTERS increasing stake in last 2 years which has been 71% from 48%.
Since promoters know their company than others, its very positive sign for company growth.
⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️⛱️
Expected Target For 2018
Expected Ebidta : 111Cr
Expected Npm: 7.51%
Expected Eps: 16.70
CURRENTLY TRADING AT PRICE TO EARNING OF 15,SO ASSUMING THIS PRICE SHOULD BE 250 TILL 2018.
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Disclosure : I am holding Panama petro and blog related content my personal view only.

Author: Atul Singh Stock Market Analyst

Disclaimer: This Blog, its owner, creator / contributor is not a research analyst and expressing opinion only as an individual investor in Indian equities. He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog. Investors are advised to consult financial consultant before acting on any such information. All information in this blog is posted for personal study, All information posted on blog is as available in public domain.

6 thoughts on “PANAMA PETRO MULTIBAGGER ONCE AGAIN”

  1. Great Singh Sahab.
    You are really great. All your stocks are increasing day by day. I have not so far purchased any stocks on your recommendations due to shortage of funds and on account of recently in contact with you since 1 to 2 months only. However I am planning to follow up now.
    PLEASE let me know how I can access your stocks recommendations as fast as possible and before it jumped high.
    Thanx
    Bishan

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