504093
Panasonic Energy financials
- Market cap
- ₹197 Cr
- Sector
- Fast Moving Consumer Goods
What Panasonic Energy does
Panasonic Energy India makes and sells a range of dry-cell batteries for the Indian market, spanning zinc-carbon (the largest category by volume), alkaline batteries under the EVOLTA brand, rechargeable batteries and chargers under the eneloop brand, and lithium coin batteries used in car key fobs and health-monitoring devices. Products are manufactured at a single plant in Pithampur, Madhya Pradesh, and sold through a dealer and distribution network that the company has been expanding with a Sales Force Automation (SFA) system.
Segments
- Zinc Carbon batteries
- Alkaline batteries
- Rechargeable batteries
- Lithium coin batteries
- Manufacturing plants
- 1 (Pithampur, Madhya Pradesh)
- Employee strength
- 679 (as of Mar 31, 2025)
- Product categories
- 4 (zinc carbon, alkaline, rechargeable, lithium coin)
- Carbon Neutral Factory certification
- Since 2023 (VCU-verified, International REC Standard certified)
- Factory land under forest cover
- 50%
- Factory wastewater discharge
- Zero discharge (closed-loop treatment)
Quarterly results
Q1 FY27: revenue up 9.5%, net profit up 97.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 69 | 73 | 63 | 58 | 69 +0% | 72 −2% | 72 +13% | 64 +9% |
| EBITDA | 5 | 5 | 3 | 2 | 2 −59% | 3 −42% | 3 +7% | 3 +14% |
| Net profit | 4 | 2 | 1 | 1 | 2 −52% | -1 −141% | 2 +48% | 2 +98% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −23.7% 1Y
1Y: ₹344.55 on 10 Sept 2025 → ₹262.9. High ₹394.5 (16 Sept 2025), low ₹245.75 (17 Jul 2026).
Financials, as filed
Revenue grew 2.2% a year over 3 years, FY23 to FY26. Operating margin widened to 3.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹253 Cr | ₹292 Cr | ₹268 Cr | ₹270 Cr |
| Operating profit | ₹-7 Cr | ₹16 Cr | ₹18 Cr | ₹10 Cr |
| Operating margin | -2.6% | 5.6% | 6.9% | 3.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹3 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹-11 Cr | ₹12 Cr | ₹12 Cr | ₹3 Cr |
| Net margin | -4.2% | 4.0% | 4.4% | 1.3% |
| Cash from operations | ₹-8 Cr | ₹27 Cr | ₹4 Cr | ₹13 Cr |
| Free cash flow | ₹-10 Cr | ₹23 Cr | ₹0 Cr | ₹11 Cr |
| ROCE | -7.0% | 16.0% | 18.0% | 9.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr |
| Reserves | ₹99 Cr | ₹101 Cr | ₹84 Cr | ₹95 Cr | ₹96 Cr | ₹96 Cr |
| Borrowings | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Other liabilities | ₹31 Cr | ₹32 Cr | ₹42 Cr | ₹40 Cr | ₹53 Cr | ₹41 Cr |
| Total liabilities | ₹139 Cr | ₹142 Cr | ₹135 Cr | ₹144 Cr | ₹158 Cr | ₹146 Cr |
| Fixed assets | ₹24 Cr | ₹23 Cr | ₹24 Cr | ₹23 Cr | ₹22 Cr | ₹22 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹116 Cr | ₹117 Cr | ₹111 Cr | ₹119 Cr | ₹135 Cr | ₹123 Cr |
| Total assets | ₹139 Cr | ₹142 Cr | ₹135 Cr | ₹144 Cr | ₹158 Cr | ₹146 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 2% to 12,837.
- Promoters
- 58.1%
- Public
- 42.0%
Since Jun 2025
- Promoters 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 58.1%, Public 42.0%.Dec '23: Promoters 58.1%, Public 41.9%.Mar '24: Promoters 58.1%, Public 41.9%.Jun '24: Promoters 58.1%, Public 41.9%.Sep '24: Promoters 58.1%, Public 41.9%.Dec '24: Promoters 58.1%, Public 41.9%.Mar '25: Promoters 58.1%, Public 42.0%.Jun '25: Promoters 58.1%, Public 42.0%.Sep '25: Promoters 58.1%, Public 42.0%.Dec '25: Promoters 58.1%, Public 41.9%.Mar '26: Promoters 58.1%, Public 41.9%.Jun '26: Promoters 58.1%, Public 42.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Panasonic Energy above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Panasonic Holdings Corporation | 58.06% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 3.38% | unchanged |
| Shanthakumari T M | 1.67% | unchanged |
| Dipak Kanayalal Shah | 1.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Panasonic Energy
Guides on how to read this kind of business and the numbers that matter.