Comparison · NSE · data 2026-10-31
Gandhar Oil Refinery (India) Limited vs Panama Petrochem Limited
In plain words
Size: Panama Petrochem Limited is about 1.1 times the market value of Gandhar Oil Refinery (India) Limited.
Return on equity: Panama Petrochem Limited 15.6% vs Gandhar Oil Refinery (India) Limited 10.5%.
Profit growth over 3 years: Panama Petrochem Limited -3% a year vs Gandhar Oil Refinery (India) Limited -10.8% a year.
Debt to equity: Gandhar Oil Refinery (India) Limited 0.23 vs Panama Petrochem Limited 0.08.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GANDHAR | PANAMAPET | |
|---|---|---|
| Price | ₹249.65 | ₹450.6 |
| Market cap | ₹2,444 cr | ₹2,725 cr |
| P/E | 5.6 | 5.7 |
| P/B | 1.4 | — |
| ROE | 10.5% | 15.6% |
| ROCE | 13.4% | 19.0% |
| Debt / equity | 0.23 | 0.08 |
| Operating margin | 11.0% | 14.5% |
| Dividend yield | 1.10% | 0.67% |
| Sales growth, 3 years (yearly) | 1.3% | 10.9% |
| Profit growth, 3 years (yearly) | -10.8% | -3.0% |
| 1-year return | 83.6% | 67.0% |
| Revenue, last 12 months | ₹5,839 cr | ₹4,106 cr |
| Net profit, last 12 months | ₹440 cr | ₹479 cr |
| Latest quarter | Sept 2026 | Jun 2026 |
| Quarter net profit | ₹175 cr | ₹309 cr |
| Quarter profit vs a year earlier | +385.2% | +624.8% |
| Promoter holding | 66.65% | 63.16% |
| Health check | Strong (7.1/10) | Strong (7.9/10) |
Common questions
Which has a higher P/E, Gandhar Oil Refinery (India) Limited or Panama Petrochem Limited?
Panama Petrochem Limited trades at the higher P/E (5.7 against 5.6). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Panama Petrochem Limited (15.6% against 10.5%).
Which carries more debt?
Gandhar Oil Refinery (India) Limited has the higher debt-to-equity ratio (0.23 against 0.08).