Panasonic Energy Price Rs 337, Market Cap Rs 252 Crs , Cash Rs 40 Crs, EV Rs 210 Crs. EPS Ts 23.78 FY-15P/E 13.5 X
Company ProfilePanasonic Energy India Co. Ltd., established in the year 1972 as Lakhanpal National Limited, is one of India's largest manufacturer & supplier of dry cell batteries and lighting products. Headquartered in Vadodara (Gujarat), the Company is a part of global Panasonic Corporation, world's leading manufacturer of audio-visual equipments, home appliances, electronic components, automotive electronics and environmental systems.The Company is a leading manufacturer and supplier of Zinc carbon, Alkaline, Lithium, Rechargeable batteries and lighting products. Company has an established and wide sales network that includes 2 manufacturing units, state of art technology, distribution centers, numerous stockiests and thousands of retailers across India.Innovation takes a top precedence at Panasonic Energy India Co. Ltd. The Company is a pioneer in Metal Jacketed Dry battery, high performance pencil battery, Zinc-Chloride technology and eco friendly batteries in India.Quality is one of the prime importance at Panasonic Energy India Co. Ltd. Panasonic batteries undergo a stringent three-step quality check before reaching the market. The Production, Quality Control and Quality Assurance departments assure the overall quality and performance of the battery. In-house manufacturing of raw materials and automated quality check ensure that Panasonic dry cell batteries are leak proof, safe and offer consistent performance.
Panasonic Energy
Key Highligts from AGM 24/7/2015## India's only eco-friendly best quality Batteries & Torch company## Aspiration to become near No 2 from distant No 3## Focussed on sales & Mktg , Brand Building , expanded distribution in both in Urban and Rural, Taken up Area development activities on focused manner. Have 2 factories , 22 depot, 2000 stockist and 525000 dealers## Right product Mix with focussed on high quality high value product.## After huge success of Panasonic Ultimate AA now launched Ultimate AAA which is growing at 30%, invested Rs 5 crs on a new production line for AAA which will increase 10mn / month to 20 mn/ month on 2 shift basis.## Launching 9V battery.## Introduced more than 50 different models of led Flash lights & Torches , FY 15 sales Rs 8.5 crs vs Eveready Rs 250 crs and Nippo Rs 48 crs in FY14.## Huge potential ,per capita battery consumption in India is only 2.1 per annum vs developing countries 4 and developed countries between 16-18.
Panasonic Energy
## Valuation FY15 EPS Rs 23.76 trading at 14 X vs Eveready trading at 57 X, consumer stocks trading average P/E 40X FY16E and 33X FY17E.
## Triggers gaining market share , Eveready taking price increase , Creeping acquisition by parent will lead to P/E. expansion.## To energies your appliances and also your wealth By -Buy the Panasonic shares, check all the remotes, Replace all the Batteries with Panasonic Batteries ## Thank you & All the Best.