BSE:504093

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Panasonic Energy India

Executive Summary

Panasonic Energy India Co. Ltd. manufactures and supplies dry cell batteries and lighting products in India.


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

Share Price & News

How has Panasonic Energy India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 504093's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.5%

504093

5.3%

IN Electrical

3.5%

IN Market


1 Year Return

-6.5%

504093

-21.4%

IN Electrical

-5.5%

IN Market

Return vs Industry: 504093 exceeded the Indian Electrical industry which returned -25.8% over the past year.

Return vs Market: 504093 exceeded the Indian Market which returned -8.7% over the past year.


Shareholder returns

504093IndustryMarket
7 Day1.5%5.3%3.5%
30 Day8.2%8.1%6.4%
90 Day32.5%27.5%22.9%
1 Year-4.1%-6.5%-20.1%-21.4%-3.7%-5.5%
3 Year-45.8%-49.5%-20.3%-23.2%1.6%-3.1%
5 Year-44.4%-49.2%-27.0%-30.8%27.4%17.7%

Price Volatility Vs. Market

How volatile is Panasonic Energy India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Panasonic Energy India undervalued compared to its fair value and its price relative to the market?

34.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 504093 (₹144.95) is trading above our estimate of fair value (₹20.75)

Significantly Below Fair Value: 504093 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 504093 is poor value based on its PE Ratio (34.5x) compared to the Electrical industry average (15.1x).

PE vs Market: 504093 is poor value based on its PE Ratio (34.5x) compared to the Indian market (12.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 504093's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 504093 is overvalued based on its PB Ratio (1.1x) compared to the IN Electrical industry average (0.8x).


Next Steps

Future Growth

How is Panasonic Energy India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panasonic Energy India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Panasonic Energy India performed over the past 5 years?

-27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 504093 has high quality earnings.

Growing Profit Margin: 504093's current net profit margins (1.5%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: 504093's earnings have declined by -27.8% per year over the past 5 years.

Accelerating Growth: 504093's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 504093 had negative earnings growth (-31.7%) over the past year, making it difficult to compare to the Electrical industry average (-3.1%).


Return on Equity

High ROE: 504093's Return on Equity (3.2%) is considered low.


Next Steps

Financial Health

How is Panasonic Energy India's financial position?


Financial Position Analysis

Short Term Liabilities: 504093's short term assets (₹998.4M) exceed its short term liabilities (₹288.3M).

Long Term Liabilities: 504093's short term assets (₹998.4M) exceed its long term liabilities (₹27.6M).


Debt to Equity History and Analysis

Debt Level: 504093 is debt free.

Reducing Debt: 504093 had no debt 5 years ago.

Debt Coverage: 504093 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 504093 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Panasonic Energy India current dividend yield, its reliability and sustainability?

2.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 504093's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.69%).

High Dividend: 504093's dividend (2.76%) is low compared to the top 25% of dividend payers in the Indian market (2.81%).


Stability and Growth of Payments

Stable Dividend: 504093's dividend payments have been volatile in the past 10 years.

Growing Dividend: 504093's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (95.2%), 504093's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average board tenure


CEO

Tadasuke Hosoya (48yo)

0.25

Tenure

₹4,057,911

Compensation

Mr. Tadasuke Hosoya has been Managing Director and Chairman of the Board for Panasonic Energy India Company Limited since April 1, 2020. Mr. Hosoya has been Executive Director at Panasonic Energy India Co. ...


CEO Compensation Analysis

Compensation vs Market: Tadasuke's total compensation ($USD54.37K) is about average for companies of similar size in the Indian market ($USD49.50K).

Compensation vs Earnings: Insufficient data to compare Tadasuke's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Tadasuke Hosoya
Chairman & MD0.25yr₹4.06mno data
Mikio Morikawa
Non-Executive Director5yrs₹14.48mno data
Hideyuki Okunaga
Non-Executive Director1.08yrsno datano data
Geeta Goradia
Non-Executive Independent Director6.17yrs₹342.95kno data
Mayur Swadia
Non-Executive Independent Director5.75yrs₹282.95kno data
Atul Dalmia
Non-Executive Independent Director5.75yrs₹322.95kno data

5.4yrs

Average Tenure

58yo

Average Age

Experienced Board: 504093's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Panasonic Energy India Co. Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Panasonic Energy India Co. Ltd.
  • Ticker: 504093
  • Exchange: BSE
  • Founded: 1972
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: ₹1.031b
  • Shares outstanding: 7.50m
  • Website: https://www.panasonicenergyindia.in

Number of Employees


Location

  • Panasonic Energy India Co. Ltd.
  • GIDC
  • Makarpura
  • Vadodara
  • Gujarat
  • 390010
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
504093BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1995

Biography

Panasonic Energy India Co. Ltd. manufactures and supplies dry cell batteries and lighting products in India. It offers zinc carbon, alkaline, lithium, and rechargeable batteries, as well as torches. The company also markets and sells rechargeable batteries and chargers under the eneloop brand name. It also exports its products. The company was formerly known as Panasonic Battery India Company Limited and changed its name to Panasonic Energy India Co. Ltd. in October 2008. The company was founded in 1972 and is headquartered in Vadodara, India. Panasonic Energy India Co. Ltd. is a subsidiary of Panasonic Corporation. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 12:41
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.