Panafic Industrials Ltd is registered with the RBI as a non-banking financial company (NBFC) and is listed on BSE. For FY26, revenue from operations was Rs 76.23 lakhs, up 15.7% from Rs 65.87 lakhs the prior year, while the company posted a net loss of Rs 236.83 lakhs as total expenses climbed to Rs 312.82 lakhs. The cost shape was dominated by employee cost at 33.2% of revenue and other operating expenses at 51%, with no materials, depreciation or capex disclosed; the FY26 results also flagged inventory purchases of Rs 510.42 lakhs and stock-in-trade diminution of Rs 7.34 crore valued at market price. Borrowings stood at Rs 860 lakhs against total equity of Rs 758.15 lakhs, and operating cash flow was negative at Rs 317.50 lakhs. The company undertook a rights issue in FY26, allotting 41.06 crore equity shares at Rs 1 each to raise up to Rs 41.06 crores, which expanded the share base roughly six-fold from 8.21 crore to 49.28 crore shares; four promoter family members subscribed to about 7.95 crore shares under the issue. The company qualifies as a small listed entity, with paid-up capital and net worth below the SEBI thresholds that trigger several corporate governance disclosures. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Revenue from operations. Small, loss-making NBFC with a negligible operating revenue base and a recent six-fold equity expansion via rights issue
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 |
| EBITDA (ex other income) | 0 | 0 | 0 | 0 | (2) |
| margin % | 11.8 | 22.9 | 5.4 | 6.3 | (310.4) |
| Owners' profit | 2 | 0 | 0 | 0 | (2) |
| EPS, as reported (₹) | 0.22 | 0.01 | 0.00 | 0.00 | (0.29) |
| ROE % · ROCE % | 18.9 · — | 1.1 · 1.7 | 0.2 · — | 0.3 · — | (31.2) · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 10 | 0 | (1) | (3) | (3) |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | (0) | 0 | 0 | 0 | (3) |
| Net profit | 0 | 0 | 0 | (0) | 0 | 0 | 0 | (3) |
| EPS (₹) | 0.02 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.02 | (0.32) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · 41st AGM held; special resolutions passed for company name change | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Notice of 41st AGM published in newspapers | compliance | minimal | — | — |
| 17 Aug 2026 · Notice of 41st AGM and Annual Report for financial year 2025-26 submitted | compliance | minimal | — | — |
| 17 Aug 2026 · Book closure from Sept 5 to Sept 11 for 41st AGM on Sept 11, 2026 | compliance | minimal | — | — |
| 17 Aug 2026 · Board approves name change to Panafic Investment and Finance Limited | management changes | medium | — | — |
| 13 Aug 2026 · Newspaper clippings of Q1 FY27 unaudited results submitted to BSE | compliance | minimal | — | — |
| 12 Aug 2026 · Panafic Industrials Q1 FY27 Monitoring Agency Report: No Deviation in Rights Issue Fund Use | compliance | minimal | — | — |
| 12 Aug 2026 · Panafic Industrials Q1 FY27 profit jumps to Rs 4.15 cr on strong revenue | results | high | — | — |
| 12 Aug 2026 · Panafic Q1 FY27: PAT jumps to Rs 414.76L on sharp revenue rise to Rs 442.65L | results | medium | — | — |
| 7 Aug 2026 · Newspaper clippings on special window for share dematerialisation | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 2.7 | 1.1 | 187 of 245 | 23% |
| ROE | (31.2) | 3.0 | 255 of 266 | 4% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | (5154.7) | 48.6 | 247 of 249 | 1% |
| Revenue growth | (79.2) | 12.6 | 207 of 231 | 10% |
| Profit growth | (17217.0) | 7.8 | 250 of 251 | 0% |
| Market cap | 20 | 37 | 165 of 260 | 37% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
