Panasonic Appliances India Company Ltd

₹2,100 - ₹3,500

Platform	Last Traded Price	Min Quantity
★★★★☆	₹2,100	861	Visit
★★★★☆	₹2,600	821	Visit
★★★★★☆	₹2,700	886	Visit
★★★★★☆	₹2,800	819	Visit
★★★★☆☆	₹2,900	847	Visit

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★★★★☆

LTP:₹2,100

Min Qty:804

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★★★★☆

LTP:₹2,600

Min Qty:841

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★★★★★☆

LTP:₹2,700

Min Qty:118

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★★★★★☆

LTP:₹2,800

Min Qty:649

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★★★★☆☆

LTP:₹2,900

Min Qty:716

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 Cap0

PE Ratio0

EPS₹2.41

Dividend Yield0%

Book Value₹82.56

Debt/Equity0.02

Price/Book0

Industry PE0

Sales₹326.40 Cr

Profit After Tax₹-3.57 Cr

ISININE841C01015

Sectordomestic appliances

About Company

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

The company manufactures and sells consumer durable products like electric rice cookers and mixers, and has been localizing production in India to meet market demands. Despite challenges such as declining profits and competition, Panasonic continues to invest in India, recognizing its growth potential.

Platform	Last Traded Price	Min Quantity
★★★★☆	₹2,100	39	Visit
★★★★☆	₹2,600	11	Visit
★★★★★☆	₹2,700	235	Visit
★★★★★☆	₹2,800	539	Visit
★★★★☆☆	₹2,900	517	Visit

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 Cap0

PE Ratio0

EPS₹2.41

Dividend Yield0%

Book Value₹82.56

Debt/Equity0.02

Price/Book0

Industry PE0

Sales₹326.40 Cr

Profit After Tax₹-3.57 Cr

ISININE841C01015

Sectordomestic appliances

About Company

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.

Annual Reports

FY 2024 FY 2023 FY 2022 FY 2021 FY 2020

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%

Board of Directors

T. GanesanManaging Director

Rajashree SanthanamIndependent Director

Ajit Gopal NambiarIndependent Director

Ken NakayamaExecutive Director

Shimobayashi NobuyukiNon-Executive Director

Senior Management

T. GanesanManaging Director

J Satish KumarCFO

Ajay ShuklaCompany Secretary