Panjon (PANJON) share price, P/E, ROE & financials

As of 6 Nov 2026, Panjon trades at 115.8× trailing earnings, above the industry P/E of 19.5×, and the shares are 38% below their 52-week high. It earns ROCE of 5.7% and ROE of 2.8%, and sales grew 98% a year over 3 years while net profit fell 16%. Debt is 0.24× equity. It is a small-cap company with a market cap of ₹32 Cr, ranked 103rd of 127 Packaged Foods companies by market cap; the shares rose 9.1% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹19.15
Day high: ₹19.15
Day low: ₹18.51
Prev. close: ₹19.15
Volume: 2.1K

Health check

1 good · 2 fair · 3 to check

ReturnsAhead
+9.1% over a year, better than 6 of 7 peers.
Price tagPricier
P/E 115.8 vs industry 19.5.
GrowthSteady
Sales +98.4%, profit −16.2% a year over 3 years.
ProfitabilityWeak
ROCE 5.7% vs peer median 15.3%.
Balance sheetFair
Debt 0.24× equity, interest covered 3.7×, Piotroski 4 of 9.
Red flags3 to check
Return on equity is low at 2.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Packaged Foods

126 listed peers. Screen the industry

Small cap

₹32 Cr, #103 of 127 in its industry by size.

Defensive

Beta 0.60 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹49 Cr · profit ₹1 Cr

Market cap: ₹32 Cr; Small cap
P/E: 115.8; Industry 19.5
Price to book: 1.87; Peers 8.88
Dividend yield: 0.00%
ROE: 2.8%; Peers 14.8%
ROCE: 5.7%; Peers 15.3%
Debt to equity: 0.24; Debt ₹4.01 Cr
EPS (TTM): ₹0.16
OPM (TTM): 2.0%; Net margin 1.5%
Sales growth: +25.8%; Latest quarter vs a year ago
Profit growth: +12.5%; Latest quarter vs a year ago
Price to sales: 0.65; EV/EBITDA 317.0

Strengths

Quarterly sales up 25.8% on a year ago.

Risks to check

Return on equity is low at 2.8%.
P/E of 115.8 against an industry P/E of 19.5.
38% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Panjon

Panjon Limited engages in the manufacture and trade of consumer and pharmaceutical products in India. It offers tablets, balms, cough syrups and drops, inhalers, hair oil, candies, digestive drops, energy drink, dental care creams, and mouth freshner, as well as awla, khajoor, chatpati, and shoppee products. The company sells its products under the Panjon, Hinkargiri, KERY, Percy, Swad, and Purti brand names. Panjon Limited was incorporated in 1964 and is…

Headquarters: Indore
Employees: 40
Sector: Consumer Defensive
ISIN: INE744D01019
Website: panjon.in

Price range

52 weeks

₹16.16₹30.00

Today

₹18.51₹19.15

Avg volume (3M): 8.7K
1-year return: plus 9.1%
From 52-week high: minus 38.3%

Peers · Packaged Foods

Compare with peers Screen the whole industry

Company
NESTLEINDNestle India	1,282.10	plus 1.89%	2,47,229	60.6	42.76	–	79.9%	21.0%	–	–	0.94%	minus 0.5%
BRITANNIABritannia Industries	4,785.00	minus 3.92%	1,15,255	43.2	27.13	61.2%	66.7%	18.4%	5.7%	3.0%	1.89%	minus 15.5%
TATACONSUMTata Consumer Products	1,086.30	plus 0.80%	1,07,511	63.3	4.86	8.3%	7.6%	14.0%	13.9%	8.6%	0.92%	minus 8.6%
PATANJALIPatanjali Foods	411.50	plus 0.19%	44,776	22.7	3.42	11.2%	14.8%	4.2%	8.7%	27.0%	0.98%	minus 28.6%
HATSUNHatsun Agro Product	1,068.10	plus 0.33%	23,792	66.0	12.07	20.2%	19.0%	10.7%	11.2%	29.0%	1.87%	plus 2.4%
MILKYMISTMilky Mist Dairy Food	297.20	plus 0.93%	22,880	91.2	8.88	–	9.7%	10.1%	–	–	0.00%	plus 63.7%
AWLAWL Agri Business	167.00	minus 0.48%	21,573	18.7	1.98	15.3%	11.1%	2.9%	8.7%	21.4%	0.60%	minus 39.5%
PANJONPanjon	18.52	minus 3.29%	32	115.8	1.87	5.7%	2.8%	2.0%	98.4%	−16.2%	0.00%	plus 9.1%
Median of 7 peers	–	0.33%	44,776	60.6	8.88	15.3%	14.8%	10.7%	8.7%	21.4%	0.94%	−8.6%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
6.4	14.9	14.1	12.1	8.1
6.2	14.7	13.9	11.9	7.9
0.2	0.3	0.3	0.3	0.2
3.0%	1.8%	2.0%	2.1%	2.3%
0	0	0	0.2	0.1
0.1	0	0.1	0.1	0.1
0.1	0	0	0.1	0.1
0.1	0.2	0.2	0.2	0.1
0.1	0.2	0.2	0.2	0.1
0.01	0.13	0.01	0.01	0.01

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +98.4%
Profit CAGR 3Y: −16.2%
EPS CAGR 3Y: −19.0%
ROE: 2.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.1	12.6	30.5	47.6
–	+106.1%	+142.7%	+56.3%
6.1	12.6	29.8	46.6
−0	−0	0.6	1
−0.1%	−0.1%	2.1%	2.2%
0.4	0.4	0.3	0.3
0	0	0.2	0.3
0.2	0.2	0.2	0.3
0.1	0.2	0.5	0.7
−587.6%	3.8%	24.9%	34.2%
0.8	0.2	0.4	0.5
–	minus 81.3%	+161.6%	+20.2%
0.52	0.10	0.23	0.28

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
15.5	16.3	17.2	17.2
−2	−1.5	−0.6	−0.1
0.8	1.4	2.6	4
0.6	1.1	0.9	0.7
14.9	17.4	20.1	21.8
0.9	0.9	1.1	1.4
1.1	1.1	1.1	1.1
1.5	2.7	0.4	0.7
11.4	12.7	17.4	18.5
14.9	17.4	20.1	21.8

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0	−0.4	−4.3	−0.4
−0.2	−0.2	−0.4	−0.7
0.2	1.9	2.5	1.4
0	1.2	−2.3	0.3
−0.2	−0.2	−0.4	−0.6
−0.1	−0.6	−4.8	−1.1

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you