Panasonic Carbon India Co Ltd

Panasonic Carbon India Co Ltd maintains a strong liquidity position, as evidenced by a current ratio of 26.54, indicating that the company holds significantly more current assets than current liabilities. The company has no long-term debt, and its total liabilities are minimal at INR 56.34 million, compared to total equity of INR 156.80 million. This capital structure suggests a conservative approach to financing, with a debt-to-equity ratio of 0.0.

In terms of profitability, the company reported a net income of INR 46.51 million on revenue of INR 124.89 million, translating to a net margin of 37.25%. The return on equity (ROE) of 2.97% and return on assets (ROA) of 2.86% are below the typical thresholds for high-performing industrial firms, suggesting that the company is generating modest returns relative to its equity and asset base.

The company's revenue is concentrated in a single business segment, as no segmental breakdown is provided in the available data. There is no indication of geographic diversification, and the company's exposure is likely concentrated in India, given the local listing and lack of international revenue disclosure.

Looking ahead, the company's capital expenditure of INR -3.43 million suggests a reduction in investment in physical assets, which may indicate a focus on maintaining existing operations rather than expansion. The operating cash flow of INR 23.04 million supports the company's liquidity, but the absence of growth in revenue or capital spending suggests a stable but non-expansive trajectory.

The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's conservative capital structure and strong equity position reduce the likelihood of near-term dilution or liquidity stress.

There are no recent filings or transcripts available to indicate material changes in the company's operations or strategy. The company appears to be operating in a stable environment, with no disclosed regulatory or geopolitical risks that would significantly impact its operations.

Panasonic Carbon India maintains a zero long-term debt position, providing a pristine balance sheet with no leverage risk.

Free cash flow grew 17.1% year-over-year to INR 154.7 million, demonstrating strong cash generation capabilities.

Net income increased 12.0% year-over-year to INR 208.3 million, indicating improving profitability trends.

Return on invested capital of 2.28% suggests limited value creation relative to capital employed.

Cash conversion ratio of 0.50 is below the 0.89 cohort median, indicating weaker cash flow quality.

Revenue CAGR of 2.5% over four years reflects modest top-line growth potential.

Revenue INR 513.1M, +2,4% YoY; Operating income +45,5% YoY.

• ▍Revenue INR 513.1M, +2,4% YoY
• ▍Operating income +45,5% YoY
• ▍Net income +44,9% YoY
• ▍Free cash flow +81,2% YoY
• ▍Net margin 36.2%

Revenue INR 501.2M, +0,3% YoY; Operating income −27,0% YoY.

• ▍Revenue INR 501.2M, +0,3% YoY
• ▍Operating income −27,0% YoY
• ▍Net income −16,4% YoY
• ▍Free cash flow −30,1% YoY
• ▍Net margin 25.6%

Revenue INR 499.7M, +2,2% YoY; Operating income −21,6% YoY.

• ▍Revenue INR 499.7M, +2,2% YoY
• ▍Operating income −21,6% YoY
• ▍Net income −18,8% YoY
• ▍Free cash flow −30,8% YoY
• ▍Net margin 30.7%

Revenue INR 489.1M; Operating income INR 175.7M.

• ▍Revenue INR 489.1M
• ▍Operating income INR 175.7M
• ▍Net margin 38.6%