Panasonic Carbon India Company Ltd. – Company Report
1. Company Overview
Panasonic Carbon India Company Ltd. (PCIN), founded in 1982 and headquartered in Chennai, Tamil Nadu, is the sole manufacturer of high-standard carbon rods (midget electrodes) in India and a leading player globally. Established through a technical collaboration with Matsushita Electric Industrial Company (now Panasonic Corporation, Japan), the company operates its main factory in Tada Mandal, Tirupati District, Andhra Pradesh. Panasonic Corporation (Japan) holds a 51% stake in PCIN. The company is ISO 9001:2015 and ISO 14001:2015 certified and is listed on the BSE (Scrip code: 508941). Mr. R. Senthil Kumar serves as Managing Director.
- Incorporated: 1982
- Headquarters: Chennai, Tamil Nadu, India
- Factory: Tada Mandal, Tirupati District, Andhra Pradesh
- Certifications: ISO 9001:2015, ISO 14001:2015
- Employees: Not publicly disclosed
- Market Cap (July 2025): Not explicitly stated (mid-cap, sector peer range)
- Majority Ownership: Panasonic Corporation, Japan (51%)
- Managing Director: Mr. R. Senthil Kumar
2. Products and Services
Panasonic Carbon India offers a specialized and comprehensive portfolio centered on carbon and graphite products:
- Carbon Rods / Midget Electrodes: Over 40 sizes and 6 grades of carbon rods, essential components in dry cell batteries. PCIN is the only Indian company producing carbon rods both for in-house use and for major Indian dry cell brands (Lakhanpal National, Geep, etc.) and exports (Sri Lanka, Bangladesh, etc.).
- Graphite Products: Electrodes and crucibles for metallurgy and electronics industries.
- Carbon Brushes: For motors, generators, and power tools.
- Carbon Contacts and Vanes: Used in industrial switches, vacuum pumps, and compressors.
- Carbon Raschig Rings and Composites: For chemical and liquid-gas processing.
- Welding Electrodes and Custom Parts: Copper-coated rods and solutions for industrial welding and gouging.
PCIN has recently expanded capacity for R-6 and R-03 carbon rods, introduced high-speed mixer machines, and implemented in-house solar power generation, aiming to improve sustainability and efficiency. With an annual capacity exceeding 1,800 million pieces, the company is recognized for technical compliance, reliability, and export excellence.
3. Recent News and Financial Performance
Business Developments
- Continued investment in manufacturing upgrades and solar energy generation.
- Strategic expansion of exports and product portfolio to serve the global battery, electronics, and industrial markets.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹65.78 crore |
| Net Profit | ₹20.83 crore |
| Earnings Per Share | ₹43.4 |
| Operating Margin | 31% |
| Dividend Payout % | 28% |