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Panasonic Energy India

BSE:504093
Snowflake Description

Flawless balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
504093
BSE
₹1B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

Panasonic Energy India Co. Ltd. manufactures and supplies dry cell batteries and lighting products in India and Nepal. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Panasonic Energy India has significant price volatility in the past 3 months.
504093 Share Price and Events
7 Day Returns
-3.7%
BSE:504093
-3.2%
IN Electrical
-3.4%
IN Market
1 Year Returns
-45.6%
BSE:504093
-3.9%
IN Electrical
-1.7%
IN Market
504093 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Panasonic Energy India (504093) -3.7% -16.8% -19.1% -45.6% -50.1% 65.3%
IN Electrical -3.2% 5.9% -2.2% -3.9% 23% 17.6%
IN Market -3.4% 2.3% -1% -1.7% 30.1% 37.7%
1 Year Return vs Industry and Market
  • 504093 underperformed the Electrical industry which returned -3.9% over the past year.
  • 504093 underperformed the Market in India which returned -1.7% over the past year.
Price Volatility
504093
Industry
5yr Volatility vs Market

504093 Value

 Is Panasonic Energy India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Panasonic Energy India. This is due to cash flow or dividend data being unavailable. The share price is ₹162.75.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Panasonic Energy India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Panasonic Energy India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:504093 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹6.15
BSE:504093 Share Price ** BSE (2019-06-18) in INR ₹162.75
India Electrical Industry PE Ratio Median Figure of 73 Publicly-Listed Electrical Companies 13.03x
India Market PE Ratio Median Figure of 2,825 Publicly-Listed Companies 15.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Panasonic Energy India.

BSE:504093 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:504093 Share Price ÷ EPS (both in INR)

= 162.75 ÷ 6.15

26.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panasonic Energy India is overvalued based on earnings compared to the IN Electrical industry average.
  • Panasonic Energy India is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Panasonic Energy India's expected growth come at a high price?
Raw Data
BSE:504093 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.6%per year
India Electrical Industry PEG Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.32x
India Market PEG Ratio Median Figure of 522 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Panasonic Energy India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Panasonic Energy India's assets?
Raw Data
BSE:504093 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹93.47
BSE:504093 Share Price * BSE (2019-06-18) in INR ₹162.75
India Electrical Industry PB Ratio Median Figure of 87 Publicly-Listed Electrical Companies 0.87x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 0.99x
BSE:504093 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:504093 Share Price ÷ Book Value per Share (both in INR)

= 162.75 ÷ 93.47

1.74x

* Primary Listing of Panasonic Energy India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panasonic Energy India is overvalued based on assets compared to the IN Electrical industry average.
X
Value checks
We assess Panasonic Energy India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Panasonic Energy India has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

504093 Future Performance

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

  • No analysts cover Panasonic Energy India, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Panasonic Energy India expected to grow at an attractive rate?
  • Panasonic Energy India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Panasonic Energy India's earnings growth is positive but not above the India market average.
  • Unable to compare Panasonic Energy India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:504093 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:504093 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.6%
India Electrical Industry Earnings Growth Rate Market Cap Weighted Average 16.9%
India Electrical Industry Revenue Growth Rate Market Cap Weighted Average 11%
India Market Earnings Growth Rate Market Cap Weighted Average 16.6%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:504093 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:504093 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:504093 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 2,075 46
2018-12-31 2,125 72
2018-09-30 2,215 114
2018-06-30 2,142 135
2018-03-31 2,057 -17 98
2017-12-31 2,156 76
2017-09-30 2,050 32
2017-06-30 2,140 33
2017-03-31 2,084 332 63
2016-12-31 2,189 85
2016-09-30 2,294 124
2016-06-30 2,277 123

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Panasonic Energy India's earnings are expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Panasonic Energy India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:504093 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Panasonic Energy India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504093 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:504093 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 6.15
2018-12-31 7.77
2018-09-30 15.14
2018-06-30 18.05
2018-03-31 13.06
2017-12-31 10.16
2017-09-30 4.31
2017-06-30 5.14
2017-03-31 8.36
2016-12-31 11.35
2016-09-30 16.54
2016-06-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Panasonic Energy India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Panasonic Energy India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Panasonic Energy India has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

504093 Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Panasonic Energy India's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Panasonic Energy India's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Panasonic Energy India's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Panasonic Energy India's 1-year earnings growth is negative, it can't be compared to the IN Electrical industry average.
Earnings and Revenue History
Panasonic Energy India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Panasonic Energy India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504093 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,074.64 46.13 377.06
2018-12-31 2,124.83 71.64 496.56
2018-09-30 2,215.26 113.57 485.75
2018-06-30 2,141.56 135.28 471.07
2018-03-31 2,057.36 97.97 470.23
2017-12-31 2,155.73 76.19 524.29
2017-09-30 2,049.88 32.34 520.75
2017-06-30 2,140.48 32.92 516.79
2017-03-31 2,083.60 62.72 429.55
2016-12-31 2,189.42 85.21 452.04
2016-09-30 2,293.72 124.01 441.04
2016-06-30 2,276.72 123.21 431.44
2016-03-31 2,413.52 165.31 429.84
2015-12-31 2,367.64 162.48 566.60 0.67
2015-09-30 2,307.24 155.78 560.30 0.67
2015-06-30 2,327.44 172.08 559.90 0.67
2015-03-31 2,384.84 178.38 402.29
2014-12-31 2,358.75 165.94 549.72 0.51
2014-09-30 2,409.45 151.24 549.02 0.51
2014-06-30 2,345.75 115.84 541.62 0.51
2014-03-31 2,245.25 74.34 531.25 0.51
2013-12-31 2,209.17 54.80 528.38 0.49
2013-09-30 2,171.77 40.50 510.88 0.49
2013-06-30 2,079.37 27.90 503.18 0.49
2013-03-31 2,062.57 24.61 499.58 0.49
2012-12-31 2,044.19 23.20 487.43 0.65
2012-09-30 1,950.59 14.00 484.63 0.65
2012-06-30 1,911.69 11.70 481.33 0.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Panasonic Energy India has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Panasonic Energy India used its assets less efficiently than the IN Electrical industry average last year based on Return on Assets.
  • Panasonic Energy India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Panasonic Energy India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Panasonic Energy India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

504093 Health

 How is Panasonic Energy India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Panasonic Energy India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Panasonic Energy India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Panasonic Energy India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Panasonic Energy India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Panasonic Energy India has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Panasonic Energy India Company Filings, last reported 2 months ago.

BSE:504093 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,009.48 0.00 551.38
2018-12-31 997.52 0.00 529.24
2018-09-30 997.52 0.00 529.24
2018-06-30 1,025.77 0.00 545.39
2018-03-31 1,025.77 0.00 545.39
2017-12-31 962.34 0.00 556.49
2017-09-30 962.34 0.00 556.49
2017-06-30 996.51 0.00 608.34
2017-03-31 979.17 0.00 612.74
2016-12-31 983.00 0.00 567.10
2016-09-30 983.00 0.00 567.10
2016-06-30 945.56 0.00 330.31
2016-03-31 945.56 0.00 330.31
2015-12-31 922.30 0.00 338.40
2015-09-30 922.30 0.00 338.40
2015-06-30 843.63 0.00 401.08
2015-03-31 843.63 0.00 401.08
2014-12-31 830.70 0.00 316.70
2014-09-30 830.70 0.00 316.70
2014-06-30 729.36 0.00 257.34
2014-03-31 729.36 0.00 257.34
2013-12-31 723.70 0.00 151.80
2013-09-30 723.70 0.00 151.80
2013-06-30 685.73 0.00 170.92
2013-03-31 685.73 0.00 170.92
2012-12-31
2012-09-30
2012-06-30 678.67 0.00 208.41
  • Panasonic Energy India has no debt.
  • Panasonic Energy India has not taken on any debt in the past 5 years.
  • Panasonic Energy India has no debt, it does not need to be covered by operating cash flow.
  • Panasonic Energy India has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Panasonic Energy India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Panasonic Energy India has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

504093 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.46%
Current annual income from Panasonic Energy India dividends.
If you bought ₹2,000 of Panasonic Energy India shares you are expected to receive ₹49 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Panasonic Energy India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • Panasonic Energy India's dividend is above the markets top 25% of dividend payers in India (2.07%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:504093 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Electrical Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 1.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1450 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:504093 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:504093 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-29 4.000 2.321
2018-05-28 7.000 2.991
2017-07-19 5.500 1.801
2017-05-30 5.500 2.073
2016-07-04 7.000 2.364
2016-05-24 7.000 2.124
2015-07-01 7.000 2.145
2015-05-28 7.000 2.537
2014-07-02 3.500 1.504
2014-05-21 3.500 3.510
2013-06-27 2.000 4.190
2012-08-01 2.000 4.186
2011-05-18 2.000 3.571
2010-05-19 2.000 2.624
2010-04-15 2.000 2.625

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panasonic Energy India has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Panasonic Energy India only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Panasonic Energy India's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Panasonic Energy India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Panasonic Energy India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Panasonic Energy India has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

504093 Management

 What is the CEO of Panasonic Energy India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mikio Morikawa
COMPENSATION ₹13,741,071
AGE 55
TENURE AS CEO 2.8 years
CEO Bio

Mr. Mikio Morikawa has been Managing Director and Chairman of the Board for Panasonic Energy India Company Limited since August 1, 2016. Mr. Morikawa has been General Manager of Global Business Planning Group at Energy Company, Panasonic Corporation, Japan since April 2007. Mr. Morikawa worked with various Divisions of Panasonic Corporation from April 1986 to June 2007. Mr. Morikawa served as Joint Managing Director of Panasonic Energy India Company Limited from July 1, 2015 to January 28, 2016. He has been a Non Executive Director of Panasonic Energy India Company Limited since January 28, 2016 and served as its Director since July 1, 2015. He serves as a Director of Nippo Batteries Co. Ltd. He served as a Director of Panasonic Carbon India Co., Ltd. from April 22, 2010 to October 12, 2010. Mr. Morikawa graduated from the Waseda University in March 1986.

CEO Compensation
  • Mikio's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Mikio's remuneration is higher than average for companies of similar size in India.
Management Team

Mikio Morikawa

TITLE
Chairman & MD
COMPENSATION
₹14M
AGE
55
TENURE
2.8 yrs

Anjan Shah

TITLE
Deputy General Manager of Finance
COMPENSATION
₹1M
AGE
53

Susheela Maheshwari

TITLE
Compliance Officer
COMPENSATION
₹903K

Hans Sheoran

TITLE
Deputy General Manager of Sales
AGE
54

Raju Desai

TITLE
Deputy General Manager of Marketing
AGE
59

Prasad Joshi

TITLE
General Manager of Factort Head Pithampur
AGE
57
Board of Directors Tenure

Average tenure and age of the Panasonic Energy India board of directors in years:

4.7
Average Tenure
57
Average Age
  • The tenure for the Panasonic Energy India board of directors is about average.
Board of Directors

Mikio Morikawa

TITLE
Chairman & MD
COMPENSATION
₹14M
AGE
55
TENURE
2.8 yrs

Geeta Goradia

TITLE
Non-Executive Independent Director
COMPENSATION
₹539K
AGE
65
TENURE
5.1 yrs

Mayur Swadia

TITLE
Non-Executive Independent Director
COMPENSATION
₹499K
AGE
57
TENURE
4.7 yrs

Atul Dalmia

TITLE
Non-Executive Independent Director
COMPENSATION
₹519K
AGE
59
TENURE
4.7 yrs

Hideyuki Okunaga

TITLE
Non-Executive Director
AGE
53
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Panasonic Energy India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Panasonic Energy India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

504093 News

Simply Wall St News

504093 Company Info

Description

Panasonic Energy India Co. Ltd. manufactures and supplies dry cell batteries and lighting products in India and Nepal. 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 serves industrial suppliers; defense, railways, and public sector units; and OEMs. 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.

Details
Name: Panasonic Energy India Co. Ltd.
504093
Exchange: BSE
Founded: 1972
₹1,220,625,000
7,500,000
Website: http://www.panasonicenergyindia.in
Address: Panasonic Energy India Co. Ltd.
GIDC,
Makarpura,
Vadodara,
Gujarat, 390010,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 504093 Equity Shares Mumbai Stock Exchange IN INR 12. Jul 1995
Number of employees
Current staff
Staff numbers
817
Panasonic Energy India employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 12:34
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2017/05/30
Last earnings filing: 2019/05/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.