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 2025, it reported net sales of 2 Cr and a net profit of 0 Cr, with a market cap of Rs 17 Cr.

Overview:<BR>Panabyte Technologies Ltd operates in the Computers - Software & Consulting industry and is classified as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as 'Ruby Traders & Exporters Limited' in 1981. It underwent a name change to 'Panache Innovations Limited' in March 2017, and subsequently to 'Panabyte Technologies Limited' on October 25, 2022. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 16.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.85<BR>- Return on Equity: 2.23%<BR>- Price to Book: 4.00<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

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.

Who are the peers of the Panabyte Tech?

Panabyte Tech's peers include TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Covance Softsol, United Interacti, and Quadpro ITeS. In terms of management risk, Panabyte Tech has below average risk, while its 1-year return of 29.95% outperforms all peers.

Peers: The peers of Panabyte Tech are TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Covance Softsol, United Interacti, and Quadpro ITeS.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS and Infosys, while Good management risk is found at Wipro and Tech Mahindra. Average management risk is noted at Covance Softsol, and Below Average management risk is present at Panabyte Tech, United Interacti, and Quadpro ITeS. Growth is Excellent at Covance Softsol, Good at TCS and Infosys, Average at HCL Technologies, and Below Average at Wipro, Tech Mahindra, Panabyte Tech, United Interacti, and Quadpro ITeS. Capital Structure is Excellent at TCS, Infosys, HCL Technologies, and Wipro, Good at Covance Softsol, Average at Quadpro ITeS, and Below Average at Panabyte Tech, United Interacti, and Tech Mahindra.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Infosys at 9.84%, while the lowest is United Interacti at -19.38%. Panabyte Tech's 1-year return is 29.95%, which is significantly higher than both extremes. Additionally, the six-month returns are negative for TCS, Wipro, Tech Mahindra, HCL Technologies, and United Interacti.

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.

Who are in the management team of Panabyte Tech?

As of March 2022, the management team of Panabyte Tech includes Amit Rambhia (Chairman), Anil Dagade, Hetal Vichhivora (CFO), Prakash Vichhivora (Managing Director), Shailesh Premji Gala, and Tejaswini More, who oversee the company's strategic direction and governance.

As of March 2022, 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>This team is responsible for overseeing the company's strategic direction and governance.

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.

How big is Panabyte Tech?

As of 24th July, Panabyte Technologies Ltd has a market capitalization of 23.00 Cr, with recent net sales of 9.83 Cr and a net loss of 0.22 Cr over the last four quarters. Shareholder's funds are 3.34 Cr, and total assets are valued at 11.73 Cr.

As of 24th July, <BR><BR>Market Cap: Panabyte Technologies Ltd has a market capitalization of 23.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 9.83 Cr. The sum of Net Profit for the same period shows a loss of 0.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2021. Shareholder's Funds amount to 3.34 Cr, while Total Assets are valued at 11.73 Cr.

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.

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.

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.

Should I buy, sell or hold Panabyte Technologies Ltd?

Why is Panabyte Technologies Ltd falling/rising?

As of 02-Jun, Panabyte Technologies Ltd's stock price is Rs. 20.87, down 4.92% and reaching a 52-week low. The stock has declined 41.10% year-to-date and consistently underperformed the market, despite a recent increase in investor participation.

As of 02-Jun, Panabyte Technologies Ltd's stock price is falling, currently at Rs. 20.87, which reflects a decrease of Rs. 1.08 or 4.92%. The stock has been on a downward trend, having lost 20.8% over the last five days, and it has underperformed its sector by 5.9% today. Additionally, the stock opened with a significant loss of 4.97% and reached a new 52-week low of Rs. 20.86. <BR><BR>The stock's performance over various periods also indicates a troubling trend, with a year-to-date decline of 41.10% compared to a 12.40% drop in the benchmark Sensex. Over the past month, the stock has decreased by 29.92%, and it has consistently underperformed the market over the past year, with a 41.29% decline versus the Sensex's 8.26% decline. <BR><BR>Despite these negative movements, there has been a notable increase in investor participation, with delivery volume rising by 90.47% against the five-day average. However, the stock is trading below all key moving averages, which further supports the bearish sentiment surrounding Panabyte Technologies Ltd.

Which are the latest news on Panabyte Tech?