Panabyte Tech

Why is Panabyte Technologies Ltd falling/rising?

As of 09-Jul, Panabyte Technologies Ltd's stock price is at 18.35, reflecting a decline of 2.86% and a significant year-to-date drop of 48.21%. Despite recent short-term gains, the stock is underperforming against its sector and trading below key moving averages, indicating a consistent downward trend.

As of 09-Jul, Panabyte Technologies Ltd's stock price is falling, currently at 18.35, which reflects a decrease of 0.54 or 2.86%. This decline is part of a broader trend, as the stock has been underperforming recently, having lost 6.84% over the last two days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a consistent downward trend in its price.<BR><BR>Despite a positive performance over the past week and month, where the stock increased by 4.14% and 6.38% respectively, the year-to-date performance shows a significant decline of 48.21%. This stark contrast suggests that while there may have been short-term gains, the overall long-term performance has been poor, contributing to the current price drop.<BR><BR>Moreover, the stock has underperformed its sector by 3.95% today, which further emphasizes the challenges it faces in the market. However, there is a noted increase in investor participation, with delivery volume rising by 69.61% against the 5-day average, indicating some interest from investors despite the falling price. Overall, the combination of recent consecutive losses, underperformance relative to benchmarks, and trading below moving averages are key factors contributing to the decline in Panabyte Technologies Ltd's stock price.

Which are the latest news on Panabyte Tech?

What does Panabyte Tech do?

Panabyte Technologies Ltd is a Micro Cap company in the Computers - Software & Consulting industry, previously known as Ruby Traders & Exporters Limited. As of March 2026, it reported net sales of 2 Cr and a net profit of 0 Cr, with a market cap of INR 12 Cr.

Overview:<BR>Panabyte Technologies Ltd operates in the Computers - Software & Consulting industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated as 'Ruby Traders & Exporters Limited' in 1981. It underwent several name changes, first to "Panache Innovations Limited" in March 2017, and then to "Panabyte Technologies Limited" on October 25, 2022. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 55.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.45 <BR>Return on Equity: 2.90% <BR>Price to Book: 1.54 <BR><BR>Contact Details:<BR>Address: Unit No 9 Building No D-1, Shree Arihant Compound Bhiwand Thane Maharashtra : 421302 <BR>Email: rubytraders1981@gmail.com <BR>Phone: N/A <BR>Website: N/A

How big is Panabyte Tech?

As of 10th June, Panabyte Technologies Ltd has a market capitalization of 12.00 Cr, with net sales of 9.83 Cr and a net loss of 0.22 Cr over the latest four quarters. The company reported shareholder's funds of 3.34 Cr and total assets of 11.73 Cr for the annual period ending in March 2021.

As of 10th June, Panabyte Technologies Ltd has a market capitalization of 12.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Panabyte Technologies Ltd reported net sales of 9.83 Cr. However, the company experienced a net loss of 0.22 Cr during the same period.<BR><BR>For the latest annual period ending in March 2021, the company reported shareholder's funds of 3.34 Cr and total assets amounting to 11.73 Cr.

Who are in the management team of Panabyte Tech?

The management team of Panabyte Tech includes Amit Rambhia (Chairman), Anil Dagade, Shailesh Premji Gala, and Tejaswini More (Independent Directors), Hetal Vichhivora (Whole Time Director & CFO), and Prakash Vichhivora (Managing Director).

The management team of Panabyte Tech includes the following individuals:<BR><BR>1. Amit Rambhia - Chairman (Non-Executive)<BR>2. Anil Dagade - Independent Director<BR>3. Hetal Vichhivora - Whole Time Director & CFO<BR>4. Prakash Vichhivora - Managing Director<BR>5. Shailesh Premji Gala - Independent Director<BR>6. Tejaswini More - Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Panabyte Tech?

Panabyte Tech's peers include Niks Technology, Ekennis Software, United Interacti, Southern Infocon, 3C IT Solutions, Euphoria Infotec, Quadpro ITeS, and Plada Infotech S. Most peers exhibit below average growth and management risk, with Ekennis Software showing the highest 1-year return at 118.13%, while Panabyte Tech has a return of -44.47%.

Peers: The peers of Panabyte Tech are Niks Technology, Ekennis Software, United Interacti, Southern Infocon, 3C IT Solutions, Euphoria Infotec, Quadpro ITeS, and Plada Infotech S.<BR><BR>Quality Snapshot: Below Average management risk is observed at Niks Technology, Ekennis Software, United Interacti, Panabyte Tech, Southern Infocon, 3C IT Solutions, and Quadpro ITeS, while Average management risk is found at Euphoria Infotec and Plada Infotech S. Growth is Average at Niks Technology and 3C IT Solutions, while Below Average growth is noted at Ekennis Software, United Interacti, Panabyte Tech, Southern Infocon, Euphoria Infotec, Quadpro ITeS, and Plada Infotech S. Good capital structure is seen at Niks Technology, Southern Infocon, Euphoria Infotec, and Quadpro ITeS, while Below Average capital structure is found at Ekennis Software, United Interacti, Panabyte Tech, 3C IT Solutions, and Plada Infotech S.<BR><BR>Return Snapshot: Ekennis Software has the highest 1-year return at 118.13%, while United Interacti has the lowest at -31.32%. Panabyte Tech's 1-year return of -44.47% is lower than both. Additionally, the six-month return is negative for Niks Technology, Ekennis Software, United Interacti, Panabyte Tech, Southern Infocon, 3C IT Solutions, and Euphoria Infotec.

Should I buy, sell or hold Panabyte Technologies Ltd?

When is the next results date for Panabyte Technologies Ltd?

The next results date for Panabyte Technologies Ltd is 26 May 2026.

The next results date for Panabyte Technologies Ltd is scheduled for 26 May 2026.

Are Panabyte Technologies Ltd latest results good or bad?

Panabyte Technologies Ltd's latest results are concerning, with net sales down 38.33% and net profit down 94.44% compared to the previous quarter. The company's weak financial performance, characterized by low return on equity and a negative five-year sales CAGR, indicates ongoing challenges and instability.

Panabyte Technologies Ltd's latest results indicate a concerning trend. The company experienced a significant decline in both net sales and net profit in the most recent quarter. Specifically, net sales dropped by 38.33% compared to the previous quarter, and net profit plummeted by 94.44%. This sharp decrease follows a prior quarter where there was a notable increase, highlighting the company's volatility and operational instability.<BR><BR>Overall, the financial performance of Panabyte Technologies is characterized by weak capital efficiency, as evidenced by a low return on equity (ROE) of 4.17%. Additionally, the company has a troubling five-year sales compound annual growth rate (CAGR) of -6.37%, indicating a consistent decline in revenue. The high price-to-earnings (P/E) ratio of 94x suggests that the stock is expensive relative to its earnings, which is not justified given its poor fundamentals.<BR><BR>Moreover, the minimal promoter holding of just 1.45% raises concerns about management's commitment to the company's future. With these factors combined, the latest results can be classified as bad, reflecting ongoing challenges and a lack of positive momentum for the company.

How has been the historical performance of Panabyte Tech?

Panabyte Tech has experienced a significant decline in financial performance from March 2018 to March 2021, with net sales dropping from INR 40.08 crore to INR 9.83 crore, and operating profit turning negative at INR -0.15 crore. Key metrics such as profit before tax and earnings per share also fell sharply, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Panabyte Tech shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Panabyte Tech's net sales have seen a decline from INR 40.08 crore in March 2018 to INR 9.83 crore in March 2021, with a notable drop in March 2020 to INR 15.12 crore. The total operating income followed a similar trend, decreasing from INR 40.08 crore in March 2018 to INR 9.83 crore in March 2021. The company's total expenditure, excluding depreciation, also decreased from INR 39.52 crore in March 2018 to INR 9.98 crore in March 2021. Operating profit (PBDIT) turned negative in March 2021 at INR -0.15 crore, compared to a positive INR 0.73 crore in March 2018. Profit before tax also declined, reaching INR -0.27 crore in March 2021, while profit after tax was INR -0.23 crore in the same year, down from INR 0.63 crore in March 2018. The earnings per share (EPS) reflected this downturn, falling to INR -0.52 in March 2021 from INR 1.44 in March 2018. On the balance sheet, total liabilities decreased from INR 17.12 crore in March 2018 to INR 11.73 crore in March 2021, while total assets also fell from INR 17.12 crore to INR 11.73 crore during the same period. The company's cash flow from operating activities was negative in March 2021 at INR 0.00 crore, indicating challenges in generating cash from operations. Overall, Panabyte Tech's financial performance has shown a downward trend in sales, profits, and cash flow over the analyzed years.

Who are the top shareholders of the Panabyte Tech?

The top shareholders of Panabyte Tech include Hetal Mavji Vichhivora with 1.9%, Apac Consultants Private Limited with 5.26%, and individual investors who collectively own 84.1%. There are no institutional holdings or pledged promoter shares.

The top shareholders of Panabyte Tech include Hetal Mavji Vichhivora, who holds the highest stake among promoters at 1.9%. The largest public shareholder is Apac Consultants Private Limited, with a holding of 5.26%. Additionally, individual investors collectively own a substantial 84.1% of the company. There are no institutional holdings or pledged promoter shares reported.

Is Panabyte Tech overvalued or undervalued?

As of May 12, 2025, Panabyte Tech is considered overvalued with a valuation grade of expensive, a PE Ratio of 16.94, an EV to EBIT of 20.35, and a year-to-date decline of 28.41%, contrasting sharply with the Sensex's 5.60% gain.

As of 12 May 2025, the valuation grade for Panabyte Tech has moved from fair to expensive, indicating that the company is currently overvalued. Key ratios include a PE Ratio of 16.94, an EV to EBIT of 20.35, and a ROE of 2.23%. Compared to peers, Panabyte Tech's PE Ratio is significantly lower than that of Elitecon International, which stands at 131.08, and MMTC Ltd., which has a PE of 119.39, highlighting its relative valuation concerns.<BR><BR>In the context of its performance, Panabyte Tech has experienced a year-to-date decline of 28.41%, while the Sensex has gained 5.60% during the same period, further reinforcing the notion that the stock is overvalued. Overall, the combination of high valuation ratios and poor relative performance suggests that Panabyte Tech is not a compelling investment at its current price.

What is the technical trend for Panabyte Tech?

As of June 3, 2025, Panabyte Tech's technical trend has shifted to bearish, primarily indicated by a bearish MACD and moving averages, despite some mixed signals from the KST and Bollinger Bands.

As of 3 June 2025, the technical trend for Panabyte Tech has changed from mildly bearish to bearish. The weekly MACD indicates a bearish stance, while the daily moving averages also reflect a bearish trend. The KST shows a bearish signal on the weekly chart, although it is bullish on the monthly. The Bollinger Bands are bearish on the weekly but mildly bullish on the monthly, indicating mixed signals. The Dow Theory suggests a mildly bearish trend on the weekly timeframe, with no clear trend on the monthly. Overall, the current technical stance is bearish with moderate strength, driven primarily by the bearish MACD and moving averages.

Has Panabyte Tech declared dividend?

Panabyte Technologies Ltd has declared a 2% dividend, amounting to $0.20 per share, with an ex-date of September 19, 2019. However, the dividend yield is 0%, indicating it has not contributed to returns in recent periods, despite varying total returns over the years.

Panabyte Technologies Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: $0.20<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -42.4%, the dividend return was 0%, resulting in a total return of -42.4%.<BR><BR>For the 1-year period, the price return was 34.61%, the dividend return was 0%, leading to a total return of 34.61%.<BR><BR>Over the 2-year period, the price return was 116.1%, with a dividend return of 0%, culminating in a total return of 116.1%.<BR><BR>In the 3-year period, the price return was 30.51%, the dividend return was 0%, which resulted in a total return of 30.51%.<BR><BR>During the 4-year period, the price return was 88.15%, with a dividend return of 0%, giving a total return of 88.15%.<BR><BR>For the 5-year period, the price return was 56.12%, the dividend return was 0%, resulting in a total return of 56.12%.<BR><BR>Overall, while Panabyte Technologies Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns over the years show significant variability, with notable gains in longer periods despite the absence of dividend contributions.