Panjon Ltd.
BSE: PANJON · Packaged Foods · sector
₹16.98BSE close 2026-10-26
Key numbers
Market cap₹15 cr
Price₹16.98
52w high / low₹30 / ₹16
P/E0.3xSector median 33.2x
P/B0.9xSector median 2.2x
Book value₹19.7
Dividend yield–Sector median 0.65%
ROE4.3%Sector median 8.8%
ROCE4.8%Sector median 9.6%
OPM2.0%Sector median 9.2%
Debt / equity0.24xSector median 0.16x
EV/EBITDA18.3xSector median 18.4x
Interest cover3.5x
Current ratio3.44x
Sales growth 3y+98.5%Sector median +14.9%
Profit growth 3y+82.1%Sector median +19.1%
PEG0.00x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 45 companies in Packaged Foods (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1 cr vs borrowings ₹4 cr (FY26): borrowings are higher by ₹3 cr.
- Operating profit covered interest 3.5x in the last 12 months.
- Other income was 47% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹16.98 on 2026-10-26: -43.4% from the 52-week high, +5.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹36.45 · low ₹16.44
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 14 | 6 | 15 | 14 | 12 | 8 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 2.3% | 3.0% | 1.7% | 2.0% | 2.1% | 2.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.01 | 0.06 | 0.13 | 0.01 | 0.01 | 60.01 |
| Revenue YoY | -12.4% | +25.7% | ||||
| Profit YoY | -17.4% | +22.2% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 8 | 6 | 13 | 30 | 48 | 49 |
| EBITDA | -4 | 0 | -0 | 1 | 1 | 1 |
| Net profit | -4 | 0 | 0 | 1 | 1 | 1 |
| EPS (₹) | -0.27 | 0.01 | 0.10 | 0.03 | 0.04 | 60.16 |
| Revenue growth | -27.8% | +106.1% | +142.7% | +56.3% | – | |
| Profit growth | – | +33.3% | +231.2% | +35.8% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +98.5% | – | – |
| Net profit | +82.1% | – | – |
| EPS | +58.7% | – | – |
| Share price | – | -7.5% (2y) | +6.6% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 17 | 17 |
| Borrowings | 3 | 4 |
| Cash & equivalents | 0 | 1 |
| Total assets | 20 | 22 |
| Fixed assets | 1 | 1 |
| Capital work in progress | 0 | 0 |
| Investments | 1 | 1 |
| Receivables | 3 | 5 |
| Inventory | 5 | 5 |
| Payables | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 5 | -0 |
| Cash from investing | 0 | -1 |
| Cash from financing | 3 | 1 |
| Capex | 0 | 1 |
| Free cash flow | 4 | -1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 3.2% | 4.3% |
| ROCE % | 3.6% | 4.7% |
| Debtor days | 39 | 42 |
| Inventory days | 65 | 47 |
| Payable days | 4 | 3 |
| Cash conversion cycle (days) | 100 | 86 |
| Working capital days | 111 | 83 |
Peers in Packaged Foods
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NESTLEIND | ₹2,26,287 cr | 55.5x | 39.2x | 79.9% | 95.7% | 24.4% | – | 1.02% |
| BRITANNIA | ₹1,10,332 cr | 42.4x | 21.6x | 55.0% | 54.5% | 18.6% | +5.5% | 1.64% |
| ZYDUSWELL | ₹15,076 cr | 80.1x | 2.6x | 3.3% | 4.1% | 12.2% | +20.7% | 0.25% |
| BIKAJI | ₹11,645 cr | 45.0x | 7.2x | 17.3% | 20.1% | 13.3% | +15.1% | 0.21% |
| BBTC | ₹8,069 cr | 6.3x | 1.1x | 20.4% | 42.0% | 18.3% | +5.5% | 12.53% |
| BECTORFOOD | ₹5,687 cr | 38.3x | 4.5x | 12.2% | 14.9% | 12.8% | +14.5% | 0.65% |
| GOPAL | ₹2,996 cr | 35.7x | 6.3x | 19.0% | 19.0% | 9.7% | – | 0.05% |
| ADFFOODS | ₹2,631 cr | 28.6x | 4.6x | 17.3% | 21.6% | 18.1% | +14.9% | 0.50% |
| DIAMONDYD | ₹2,451 cr | 213.1x | 3.5x | 1.6% | 3.2% | 4.5% | +1.4% | 0.05% |
| PANJON | ₹15 cr | 0.3x | 0.9x | 4.3% | 4.8% | 2.0% | +98.5% | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Packaged Foods |
| Sub-industry | Packaged Foods |
| Symbol | PANJON |
| BSE code | 526345 |
| ISIN | INE744D01019 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.