Panama Petrochem (NSE:PANAMAPET) Operating Income: ₹5,944 Mil (TTM As of Jun. 2026)

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NSE:PANAMAPET Panama Petrochem Ltd NSE:PANAMAPET
84 GF Score
Price ₹471.35
GF Value ₹573.51
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Panama Petrochem Operating Income?

Panama Petrochem NSE:PANAMAPET +1.32% 84 Operating Income is ₹5,944 Mil as of Jun. 2026. GuruFocus rates NSE:PANAMAPET with a GF Score™ of 84/100 and a GF Value™ of ₹573.51 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Panama Petrochem's Operating Income for the three months ended in Jun. 2026 was ₹3,842 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹5,944 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Panama Petrochem's Operating Income for the three months ended in Jun. 2026 was ₹3,842 Mil. Panama Petrochem's Revenue for the three months ended in Jun. 2026 was ₹17,352 Mil. Therefore, Panama Petrochem's Operating Margin % for the quarter that ended in Jun. 2026 was 22.14%.

Warning Sign:

Panama Petrochem Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -9.9%.

Panama Petrochem's 5-Year average Growth Rate for Operating Margin % was -9.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Panama Petrochem's annualized ROC % for the quarter that ended in Jun. 2026 was 80.91%. Panama Petrochem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 110.16%.


Panama Petrochem  (NSE:PANAMAPET) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Panama Petrochem's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=15368 * ( 1 - 19.26% )/( (15335.4 + 0)/ 1 )
=12408.1232/15335.4
=80.91 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Panama Petrochem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15523.2/( ( (3407.7 + max(10683.2, 0)) + (0 + max(0, 0)) )/ 1 )
=15523.2/( ( 14090.9 + 0 )/ 1 )
=15523.2/14090.9
=110.16 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5738.5 + 6686.4 + 1514.7) - (3025.4 + 0 + 231)
=10683.2

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Panama Petrochem's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=3842/17351.5
=22.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Panama Petrochem Operating Income Related Terms


Panama Petrochem Operating Income Historical Data

* Premium members only.

The historical data trend for Panama Petrochem's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Panama Petrochem Operating Income Chart

Panama Petrochem Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,908.00 3,122.30 2,455.20 2,402.90 2,655.00

Panama Petrochem Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 515.60 652.10 572.30 877.60 3,842.00
NSE:PANAMAPET
84GF Score
Panama Petrochem Ltd NSE:PANAMAPET
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Panama Petrochem Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹5,944 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹5,944 Mil mean?
Panama Petrochem (NSE:PANAMAPET) has a Operating Income of ₹5,944 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Panama Petrochem and its competitors.
Is Panama Petrochem's Operating Income too high?
Panama Petrochem's current Operating Income is ₹5,944 Mil. Overall, Panama Petrochem has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panama Petrochem's Operating Income compare to MPC and VLO?
Panama Petrochem's Operating Income of ₹5,944 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Panama Petrochem and its competitors. Panama Petrochem's current Operating Income is ₹5,944 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panama Petrochem stock overvalued right now?
Based on GuruFocus' analysis, Panama Petrochem (NSE:PANAMAPET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹573.51, compared to a current price of ₹471.35 — trading 17.8% below its estimated fair value. The current Operating Income is ₹5,944 Mil. Panama Petrochem's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Panama Petrochem (NSE:PANAMAPET), the current Operating Income is ₹5,944 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Panama Petrochem (NSE:PANAMAPET) Overvalued in 2026?

Based on GuruFocus' analysis, Panama Petrochem stock appears to be undervalued. The current stock price of ₹471.35 is trading 17.8% below its estimated GF Value™ of ₹573.51. GuruFocus considers Panama Petrochem to be Modestly Undervalued.

Key valuation signals for NSE:PANAMAPET:

  • Operating Income: ₹5,944 Mil
  • GF Value™: ₹573.51 vs. price of ₹471.35 (17.8% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the NSE:PANAMAPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panama Petrochem Business Description

Industry EnergyOil & Gas
Other Exchanges 524820:India
Address 24, Turner Road, No. 401, Aza House, Next to Andhra Bank, Bandra (West), Mumbai, MH, IND, 400 050
Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.
84GF Score

Get the complete analysis for NSE:PANAMAPET

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹471.35
Price
₹573.51
GF Value