What we do Panama Petrochem Ltd manufactures specialty petroleum products like mineral oils, transformer oils, and petroleum jellies serving industries such as textiles, pharmaceuticals and power. |
Founded in 1,982 |
Market share One of the leading manufacturers and exporters of specialty petroleum products in India with a significant global footprint. |
Problem solved Provides essential petroleum specialty products tailored to industrial applications, enabling efficiency and quality in sectors like printing, rubber and power. |
Top clients or who we serve B2B, serving diversified industries including printing, textiles, rubber, pharmaceuticals, cosmetics, and power sectors. |
Key management [Not provided due to lack of exceptional individual credentials] |
Our journey and innovations Incorporated in 1982, expanded capacities, introduced value-added products, technical collaboration with Lubcon Germany, and established a UAE subsidiary for Middle East and Africa markets. |
Where we operate India with plants in Gujarat, Maharashtra, and UAE subsidiary serving Middle East and Africa regions. |
Top products or what we offer Panol branded mineral oils, liquid paraffins, transformer oils, petroleum jellies, ink oils, and specialty products like agricultural spray oil and petroleum sulphonate. |
Top brands Panol - flagship brand for specialty petroleum products renowned in domestic and international markets. |
Raw materials needed Crude oil derivatives and chemical raw materials for petroleum specialty products manufacturing. |
Raw materials supplier Details not disclosed, but sourcing from petroleum and chemical industry suppliers. |
Recurring vs cyclical contribution Revenue is largely recurring from steady industrial demand with exports contributing significantly. |
Our industry position Market leader in specialty petroleum products with expanding international presence and strong export growth. |
Financial highlights Consolidated revenue Rs. 2793 Cr; net profit Rs. 187 Cr for FY 2024-25; revenue growth of 18.5% year-on-year. |
Geographical revenue split Domestic revenue Rs. 1239 Cr, international revenue Rs. 1553 Cr for FY 2024-25. |
Order book - |
Whats driving growth Capacity expansions, technical collaborations, exports growth, and increased demand in industrial and international markets. |
Our future plans Expansion of UAE subsidiary operations with additional property at RAK Maritime City Free Zone to enhance production capacity. |
Our green promise Energy conservation initiatives including solar power installations and energy-efficient equipment to reduce environmental impact. |
Our people and values Committed to ethical practices, workplace safety and employee growth; zero tolerance for workplace harassment. |
Key challenges ahead Managing raw material price volatility, regulatory compliance, and sustaining competitive growth in global markets. |
Interesting facts Operates state-of-the-art R&D center in Ankleshwar driving product innovation and quality improvement. |
Risks and strategy Risks include market fluctuations and regulatory changes; mitigated through diversified markets, innovation and risk management policies. |
