PANAMA PETROCHEM LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	1269.33	1345.81	899.37	808.7	867.37
Other Income	2.72	1.56	4.13	1.84	1.13
Stock Adjustments	23.38	-20.9	53.37	15.39	10.35
Total Income	1295.43	1326.47	956.87	825.93	878.85
EXPENDITURE :
Raw Materials	1067.21	1101.96	739.78	664.97	721.67
Excise Duty	0	19.53	65.87	56.97	62.06
Power and Fuel Cost	1.12	0.83	0.88	0.7	0.59
Other Manufacturing Expenses	26.67	23.02	19.16	1.38	19.5
Employee Cost	8.88	7.73	7.06	5.54	4.11
Selling and Administration Expenses	71.6	57.49	36.45	35.8	32.57
Miscellaneous Expenses	17.33	6.73	8.56	11	5.36
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	102.64	109.2	79.11	49.58	32.99
Interest and Financial Charges	25.17	13.76	8.58	8.33	8.01
Profit before Depreciation and Tax	77.47	95.44	70.53	41.25	24.98
Depreciation	5.92	5.29	4.87	4.59	3.42
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	71.54	90.15	65.66	36.65	21.56
Tax	19.66	29.18	21.86	11.5	3.85
Profit After Tax	51.88	60.97	43.8	25.15	17.71
Minority Interest after PAT	0	0	0	0	0
Profit/Loss of Associate Company	0	0	0	0	0
Profit after Minority Interest and P/L of Assoc. Co.	51.88	60.97	43.8	25.15	17.71
Adjustment below Net Profit	-1.54	-0.8	-0.32	-0.03	0
P and L Balance brought forward	251.34	195.2	153.74	130.78	124.19
Appropriations	7.26	4.03	2.02	2.44	11.13
P and L Bal. carried down	294.42	251.34	195.2	153.47	130.78
Equity Dividend	7.26	4.03	2.02	2.02	8.07
Preference Dividend	0	0	0	0	0
Corporate Dividend Tax	0	0	0	0.42	1.69
Equity Dividend (%)	60	60	50	25	100
Earning Per Share (Rs.)	8.58	10.08	10.86	6.13	3.97
Book Value	68.4	61.42	77.56	67.54	61.76
Extraordinary Items	0.01	0.06	0.64	-0.02	0

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

1269.33

1345.81

899.37

808.7

867.37

Other Income

2.72

1.56

4.13

1.84

1.13

Stock Adjustments

23.38

-20.9

53.37

15.39

10.35

Total Income

1295.43

1326.47

956.87

825.93

878.85

EXPENDITURE :

Raw Materials

1067.21

1101.96

739.78

664.97

721.67

Excise Duty

19.53

65.87

56.97

62.06

Power and Fuel Cost

1.12

0.83

0.88

0.7

0.59

Other Manufacturing Expenses

26.67

23.02

19.16

1.38

19.5

Employee Cost

8.88

7.73

7.06

5.54

4.11

Selling and Administration Expenses

71.6

57.49

36.45

35.8

32.57

Miscellaneous Expenses

17.33

6.73

8.56

5.36

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

102.64

109.2

79.11

49.58

32.99

Interest and Financial Charges

25.17

13.76

8.58

8.33

8.01

Profit before Depreciation and Tax

77.47

95.44

70.53

41.25

24.98

Depreciation

5.92

5.29

4.87

4.59

3.42

Minority Interest before PAT

Profit Before Tax

71.54

90.15

65.66

36.65

21.56

Tax

19.66

29.18

21.86

11.5

3.85

Profit After Tax

51.88

60.97

43.8

25.15

17.71

Minority Interest after PAT

Profit/Loss of Associate Company

Profit after Minority Interest and P/L of Assoc. Co.

51.88

60.97

43.8

25.15

17.71

Adjustment below Net Profit

-1.54

-0.8

-0.32

-0.03

P and L Balance brought forward

251.34

195.2

153.74

130.78

124.19

Appropriations

7.26

4.03

2.02

2.44

11.13

P and L Bal. carried down

294.42

251.34

195.2

153.47

130.78

Equity Dividend

7.26

4.03

2.02

8.07

Preference Dividend

Corporate Dividend Tax

0.42

1.69

Equity Dividend (%)

100

Earning Per Share (Rs.)

8.58

10.08

10.86

6.13

3.97

Book Value

68.4

61.42

77.56

67.54

61.76

Extraordinary Items

0.01

0.06

0.64

-0.02

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	12.1	12.1	8.07	8.07	8.07
Reserves and Surplus	401.67	359.42	304.72	264.33	241.02
Total Shareholders Funds	413.77	371.52	312.79	272.4	249.09
Secured Loans	159.9	45.13	32.58	57.43	41.75
Unsecured Loans	0.73	0.57	0.16	0	0
Total Debt	160.63	45.7	32.74	57.43	41.75
Minority Interest	0	0	0	0	0
Total Liabilities	574.4	417.22	345.53	329.83	290.84
APPLICATION OF FUNDS :
Gross Block	193.14	164.95	151.66	144.39	136.25
Less: Accum. Depreciation	36.88	31.38	26.35	21.79	17.29
Net Block	156.26	133.57	125.31	122.6	118.96
Capital Work in Progress	11.05	14.4	4.29	0.2	0
Investments	0.14	0.11	1.02	2.45	0.03
Current Assets, Loans and Advances
Inventories	383.6	445.03	302.19	164.77	167.24
Sundry Debtors	313.9	280.24	182.67	153.5	173.94
Cash and Bank Balance	15.71	34.25	22.8	15.27	12.05
Loans and Advances	39.16	68.81	30.82	33.05	26.01
Less: Current Liab. and Prov.
Current Liabilities	345.25	558.34	321.04	158.16	197.3
Provisions	0.17	0.85	2.54	3.84	10.09
Net Current Assets	406.95	269.14	214.9	204.59	171.85
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	574.4	417.22	345.52	329.84	290.84
Contingent Liabilities	124.64	81.33	69.71	7.96	8.53

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

12.1

8.07

Reserves and Surplus

401.67

359.42

304.72

264.33

241.02

Total Shareholders Funds

413.77

371.52

312.79

272.4

249.09

Secured Loans

159.9

45.13

32.58

57.43

41.75

Unsecured Loans

0.73

0.57

0.16

Total Debt

160.63

45.7

32.74

57.43

41.75

Minority Interest

Total Liabilities

574.4

417.22

345.53

329.83

290.84

APPLICATION OF FUNDS :

Gross Block

193.14

164.95

151.66

144.39

136.25

Less: Accum. Depreciation

36.88

31.38

26.35

21.79

17.29

Net Block

156.26

133.57

125.31

122.6

118.96

Capital Work in Progress

11.05

14.4

4.29

0.2

Investments

0.14

0.11

1.02

2.45

0.03

Current Assets, Loans and Advances

Inventories

383.6

445.03

302.19

164.77

167.24

Sundry Debtors

313.9

280.24

182.67

153.5

173.94

Cash and Bank Balance

15.71

34.25

22.8

15.27

12.05

Loans and Advances

39.16

68.81

30.82

33.05

26.01

Less: Current Liab. and Prov.

Current Liabilities

345.25

558.34

321.04

158.16

197.3

Provisions

0.17

0.85

2.54

3.84

10.09

Net Current Assets

406.95

269.14

214.9

204.59

171.85

Miscellaneous Expenses not w/o

Total Assets

574.4

417.22

345.52

329.84

290.84

Contingent Liabilities

124.64

81.33

69.71

7.96

8.53