Panjon Ltd.

BSE: PANJON526345ISIN INE744D01019

Fast Moving Consumer Goods
Packaged Foods

Share price

₹18.59+0.61 (+3.39%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹30.00
52W low: ₹16.16
Off 52W high: -38.03%
1M return: -10.45%
3M return: +2.54%
6M return: -20.08%
1Y return: +5.93%
20D avg volume: 4,862
50 DMA: ₹20.94
200 DMA: ₹21.72

Key ratios Standalone

Market cap: ₹31.91 Cr
Current price: ₹18.59
52W high / low: ₹30.00 / ₹16.16
Face value: ₹10.00
P/E: 44.26
P/B: 2.20
EPS (TTM): ₹0.42
Book value / share: ₹8.45
ROE: 5.01%
ROCE: 5.70%
Operating margin: 3.22%
Net margin: 1.33%
Debt / equity: 0.24
Net debt: ₹3.28 Cr
Interest cover: 3.67
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 77.7 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	8.07	12.12	14.13	14.95	6.42	13.83	11.16	3.38	2.09	—
	0.07	0.17	0.04	0.05	0.04	0.05	0.08	0.08	0.10	—
	8.15	12.29	14.17	14.99	6.45	13.88	11.24	3.46	2.19	—
	8.04	12.10	13.97	14.77	6.36	13.65	11.04	3.40	2.15	—
	0.80	0.30	1.19	1.03	0.92	0.89	0.55	0.24	0.40	—
	5.84	10.30	10.19	11.01	3.41	11.54	9.12	2.31	0.94	—
	0.44	0.31	0.82	0.76	0.63	0.08	0.26	0.28	0.24	—
	0.08	0.10	0.07	0.04	0.06	0.06	0.06	0.03	0.03	—
	0.08	0.14	0.04	0.04	0.08	0.08	0.05	0.05	0.05	—
	0.80	0.82	1.66	1.88	1.27	1.01	0.86	0.35	0.33	—
	0.11	0.19	0.21	0.22	0.10	0.23	0.20	0.07	0.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.11	0.19	0.21	0.22	0.10	0.23	0.20	0.07	0.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.11	0.19	0.21	0.22	0.10	0.23	0.20	0.07	0.04	—
	60.01	0.01	0.01	0.13	0.06	0.01	0.01	0.00	0.00	—
Key metrics
	0.27	0.43	0.32	0.30	0.24	0.37	0.31	0.15	0.12	—
	3.30%	3.50%	2.30%	2.00%	3.70%	2.70%	2.80%	4.40%	5.70%	—
	1.40%	1.60%	1.50%	1.50%	1.60%	1.70%	1.80%	2.10%	1.90%	—
	—	1.70%	—	1.50%	—	1.70%	—	—	—	—
	25.70%	-12.40%	26.60%	342.30%	207.20%	—	—	—	—	—
	10.00%	-17.40%	5.00%	214.30%	150.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	49.27	47.62	30.46	—
	0.33	0.30	0.31	—
	49.60	47.92	30.77	—
	48.88	47.20	30.24	—
	3.32	3.44	2.07	—
	37.34	34.91	23.91	—
	2.33	2.52	0.86	—
	0.29	0.27	0.17	—
	0.30	0.30	0.23	—
	5.16	5.63	2.99	—
	0.73	0.72	0.53	—
	0.00	0.00	0.00	—
	0.73	0.72	0.53	—
	0.00	0.00	0.00	—
	0.73	0.72	0.53	—
	60.16	0.04	0.03	—
Key metrics
	1.32	1.29	0.93	—
	2.68%	2.70%	3.10%	—
	1.48%	1.50%	1.70%	—
	—	5.70%	4.20%	—
	41.62%	56.30%	—	—
	21.67%	35.80%	—	—
	—	-1.08	4.23	—
	—	-0.60	8.77	—
	—	0.24	0.16	—
	—	3.28	2.21	—
	—	77.7	91.5	—
Balance sheet
	—	21.76	20.05	—
	—	15.20	12.67	—
	—	0.73	0.44	—
	—	5.47	3.26	—
	—	4.96	4.62	—
	—	0.00	0.00	—
	—	1.43	1.08	—
	—	0.29	0.25	—
	—	4.42	3.43	—
	—	4.01	2.65	—
	—	3.71	2.57	—
	—	0.30	0.08	—
	—	17.03	16.54	—
Cash flow
	—	-0.43	4.65	—
	—	-0.66	0.41	—
	—	1.38	2.63	—
	—	0.65	-0.42	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +41.62%
Profit YoY (TTM): +21.67%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 56.69%

Quarter	September 2026	June 2026
Promoter %	56.69%	56.69%

Holder	Type	Holding	Previous	Change
JAY KOTHARI	Promoter	21.61%	21.61%	0.00%
ANJU JAY KOTHARI	Promoter	11.71%	11.71%	0.00%
RAUNAQ LABORATORIES LIMITED	Promoter	5.83%	5.83%	0.00%
ARCHIT KOTHARI	Promoter Group	5.83%	5.83%	0.00%
ADITYA KOTHARI	Promoter	5.83%	5.83%	0.00%
SANITEX CHEMICALS LIMITED	Promoter Group	2.91%	2.91%	0.00%
VARSHA BAFNA	Promoter	2.91%	2.91%	0.00%
JUPITER CITY DEVELOPERS (INDIA) LIMITED	Public	2.87%	3.51%	-0.64%
RAJU M BORA	Public	2.55%	2.55%	0.00%
SNEHIL MEHTA	Public	2.04%	—	—
ANIL MANSUKHLAL KOTHARI	Public	1.75%	1.75%	0.00%
MAHENDRA GIRDHARILAL WADHWANI	Public	1.59%	1.59%	0.00%
NARVEER YADAV	Public	1.40%	1.40%	0.00%
POONAM BALRAM BHARWANI	Public	1.34%	1.34%	0.00%
MANJU GAGGAR	Public	1.03%	1.03%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Nestle India Ltd.	2,38,812	1,238.45	58.57	56.60%	+21.68% TTM	+38.17% TTM	-2.08%
Britannia Industries Ltd.	1,18,425	4,916.60	45.37	61.80%	+6.63% TTM	+19.02% TTM	-16.48%
Zydus Wellness Limited	15,547	488.65	63.17	3.40%	+73.68% TTM	-2.88% TTM	+5.48%
Bikaji Foods International Limited	11,871	473.45	46.49	19.20%	+13.81% TTM	+31.08% TTM	-35.15%
The Bombay Burmah Trading Corporation Ltd.	8,875	1,272.05	3.43	34.80%	+6.63% TTM	+16.13% TTM	-34.92%
Mrs. Bectors Food Specialities Limited	6,373	207.60	42.84	13.90%	+12.02% TTM	+15.95% TTM	-21.57%
Gopal Snacks Limited S	3,077	246.85	29.56	20.80%	+20.26% TTM	+1,841.64% TTM	-29.38%
ADF Foods Limited.	2,899	263.90	31.53	19.20%	+19.44% TTM	+31.18% TTM	+19.76%
Tasty Bite Eatables Ltd. S	2,794	10,888.50	77.71	14.00%	-1.18% TTM	-4.11% TTM	+21.86%
Prataap Snacks Limited S	2,543	1,062.65	583.87	2.90%	+13.63% TTM	+109.79% TTM	-4.41%
SUNDROP BRANDS LIMITED	2,462	653.10	88.09	1.80%	+47.24% TTM	+126.42% TTM	-16.49%
Ganesh Consumer Products Limited S	777	192.30	14.66	17.10%	—	—	-29.93%
Shah Foods Ltd S	753	322.90	-4,612.86	-0.10%	-100.00% TTM	-223.08% TTM	+201.78%
Lotus Chocolate Co. Ltd. S	651	506.70	-80.17	23.60%	-28.80% TTM	-184.74% TTM	-47.64%
NURTURE WELL INDUSTRIES LIMITED	449	19.27	6.60	19.70%	+6.15% TTM	-6.56% TTM	-18.83%
EMROCK CORPORATION LIMITED S	363	229.70	294.49	5.30%	+187.80% TTM	-79.50% TTM	+151.07%
Mishtann Foods Limited	343	3.18	1.93	19.80%	-71.63% TTM	-75.19% TTM	-38.13%
Foods & Inns Ltd.	328	44.58	13.42	13.70%	-20.40% TTM	-41.87% TTM	-45.70%
Aveer Foods Limited S	234	522.50	64.59	10.70%	+25.31% TTM	+5.83% TTM	-22.52%
Shellz India Limited	203	168.00	—	27.15% Q4 FY26	+3.02% FY26	+61.08% FY26	—
CHATHA FOODS LIMITED	198	81.90	—	7.70%	—	—	-10.55%
Bambino Agro Industries Ltd S	185	230.95	18.85	16.80%	+4.16% TTM	+4.70% TTM	-13.14%
GUJJUBHAI INDUSTRIES LIMITED S	180	85.97	33.32	17.10%	+75.66% TTM	+90.14% TTM	-62.58%
AAYUSH WELLNESS LIMITED	129	26.52	31.34	25.90%	+46.81% TTM	-9.67% TTM	-30.25%
CRAZY SNACKS LIMITED	124	51.60	—	16.00%	—	—	—
Panjon Ltd. S	32	18.59	44.26	5.70%	+41.62% TTM	+21.67% TTM	+5.93%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Panjon Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve 1) The Un-audited Financial Results ....2 Nov 2026 · Board Meeting / Board Meeting
Enclosed herewith certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for quarter ended 30-09-20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed herewith scrutinizer report and voting results for the 43rd Annual General Meeting1 Oct 2026 · AGM/EGM / AGM
Enclosed herewith Scrutinizer Report for 43rd Annual General Meeting held on 30-09-20261 Oct 2026 · AGM/EGM / AGM
Enclosed herewith outcome of 43rd Annual General Meeting30 Sep 2026 · AGM/EGM / AGM
Enclosed herewith outcome of 43rd Annual General Meeting held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Enclosed herewith revised intimation of closure of trading window.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed herewith intimation of closure of trading window for the quarter ended 30th September, 202626 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed herewith newspaper publication for 43rd Annual General Meeting to be held on 30-09-20267 Sep 2026 · Company Update / Newspaper Publication
Enclosed herewith 43rd Annual Report for the Financial Year 2025-265 Sep 2026 · Others / Reg. 34 (1) Annual Report
Enclosed herewith Letter sent to members providing weblink for the 43rd Annual General Meeting for the financial year 2025-265 Sep 2026 · Company Update / General
Enclosed herewith notice of 43rd Annual General Meeting to be held on 30th September, 20265 Sep 2026 · AGM/EGM / AGM
Enclosed herewith details regarding 43rd Annual General Meeting for Financial Year 2025-2026.5 Sep 2026 · Corp. Action / Book Closure
Enclosed herewith intimation regarding 43rd AGM to be held on 30th September, 20265 Sep 2026 · AGM/EGM / AGM
Enclosed herewith Newspaper Publication for Quarter ended 30-06-202614 Aug 2026 · Company Update / Newspaper Publication
Enclosed herewith Unaudited Financial Result for Quarter ended 30-06-202613 Aug 2026 · Result / Financial Results
Enclosed herewith Board Meeting Outcome dated 13/08/2026 along with Limited Review Report and Quarterly Financial Results13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Panjon Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Enclosed herewith Board meeting Intimation ....6 Aug 2026 · Board Meeting / Board Meeting
Enclosed herewith Compliance Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
ENCLOSED HEREWITH INTIMATION FOR CLOSURE OF TRADING WINDOW FOR QUARTER ENDED JUNE 30, 202625 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed Herewith Revised Financial Results for the Quarter and Year ended 31st March 202620 Jun 2026 · Result / Financial Results
Enclosed Herewith Newspaper Announcement for the Board Meeting dated 29.05.2026 for Financial Results for Quarter and Year ended 31.03.202630 May 2026 · Company Update / Newspaper Publication
Enclosed Herewith Annual Secretarial Compliance Report for the Financial year 2025-2629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Enclosed Herewith BM Outcome dated 29.05.2026 for Appointment of Internal Auditor M/s B. Jakhetiya & Co. Chartered Accountant for the Financial year 2026-2729 May 2026 · Company Update / General
ENCLOSED HEREWITH THE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.202629 May 2026 · Result / Financial Results
ENCLOSED HEREWITH BM OUTCOME DATED 29.05.2026 FOR FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.202629 May 2026 · Board Meeting / Outcome of Board Meeting
ENCLOSED HEREWITH BM OUTCOME DATED 29.05.2026 FOR THE FINANCIAL RESULTS FOR THE YEAR ENDED 31.03.202629 May 2026 · Board Meeting / Outcome of Board Meeting
Panjon Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Enclosed herewith Board Meeting Intimation ....19 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....13 May 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
ENCLOSED HEREWITH RTA CERTIFICATE UNDER REGULATION 74(5) OF SEBI (DP) REGULATIONS, 20184 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
ENCLOSED HEREWITH INTIMATION FOR CLOSURE OF TRADING WINDOW FOR QUARTER ENDED 31/03/202625 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
ENCLOSED HEREWITH UNAUDITED FINACIAL RESULT FOR THE QUARTER ENDED 31/12/2025 IN NEWSPAPER14 Feb 2026 · Company Update / Newspaper Publication
ENCLOSED HEREWITH FINANCIAL RESULTS WITH LRR13 Feb 2026 · Result / Financial Results
ENCLOSED HEREWITH BM OUTCOME DATED 13/02/202613 Feb 2026 · Board Meeting / Outcome of Board Meeting
Panjon Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve ENCLOSED HEREWITH BOARD MEETING INTIMATION ....7 Feb 2026 · Board Meeting / Board Meeting
ENCLOSED HEREWITH REG 74(5) FOR THE QUARTER ENDED 31/12/202512 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
ENCLOSED HEREWITH REVISED INTIMATION OF CLOSURE OF TRADING WINDOW FOR QUARTER ENDED 31/12/202529 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
REnclosed herewith Intimation of Closure Trading Window for quarter ended 31/12/202527 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
ENCLOSED HEREWITH NEWSPAPER ADVT FOR QUARTER ENDED 30/09/202515 Nov 2025 · Company Update / Newspaper Publication
ENCLSOED HEREWITH UNAUDITED FINANCIAL RESULT FOR QUARTER ENDED 30/09/202513 Nov 2025 · Result / Financial Results

Board meetings

5 Nov 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results