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Panabyte Technologies Ltd

PANABYTE
BSE
29.00
0.14%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Panabyte Technologies Ltd

PANABYTE
BSE
29.00
0.14%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
19Cr
Close
Close Price
29.00
Industry
Industry
Trading
PE
Price To Earnings
69.05
PS
Price To Sales
2.38
Revenue
Revenue
8Cr
Rev Gr TTM
Revenue Growth TTM
1.37%
PAT Gr TTM
PAT Growth TTM
4.76%
Peer Comparison
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
111111242232
Growth YoY
Revenue Growth YoY%
-58.8-69.7-85.23.267.521.5219.4274.022.493.834.1-50.7
Expenses
ExpensesCr
111111232222
Operating Profit
Operating ProfitCr
000000000000
OPM
OPM%
1.3-25.3-19.4-8.331.36.36.15.03.7-5.917.111.9
Other Income
Other IncomeCr
000000000000
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
000000000000
Tax
TaxCr
000000000000
PAT
PATCr
000000000000
Growth YoY
PAT Growth YoY%
-900.0-560.050.0130.0109.5121.7150.0-133.3-750.0620.0-60.0
NPM
NPM%
-37.5-26.6-34.3-10.46.72.12.31.4-1.8-7.012.51.1
EPS
EPS
-0.7-0.5-0.5-0.20.20.00.10.1-0.1-0.30.70.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
2111358151089488
Growth
Revenue Growth%
111.0-36.6650.5217.2-76.181.7-35.0-14.65.6-57.6121.8-2.3
Expenses
ExpensesCr
2111358151089487
Operating Profit
Operating ProfitCr
000000000001
OPM
OPM%
-4.64.01.40.6-1.3-1.1-1.80.20.30.05.08.0
Other Income
Other IncomeCr
010000000000
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
01000000-1-100
Tax
TaxCr
000000000000
PAT
PATCr
010000000000
Growth
PAT Growth%
-10.41,041.7-56.86.0-56.8-68.5-357.1110.4-4,319.8-2.2120.0140.4
NPM
NPM%
2.443.42.50.81.50.3-1.00.1-5.0-12.21.12.7
EPS
EPS
0.11.40.60.70.30.1-0.20.0-1.0-1.00.20.4

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
444444444456
Reserves
ReservesCr
01-1-1-1-1-1-1-1-2-10
Current Liabilities
Current LiabilitiesCr
101213410881091110
Non Current Liabilities
Non Current LiabilitiesCr
000000010000
Total Liabilities
Total LiabilitiesCr
561517713121213121616
Current Assets
Current AssetsCr
121413713121112111515
Non Current Assets
Non Current AssetsCr
431300011111
Total Assets
Total AssetsCr
561517713121213121616

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
1-101-1-10001-1
Investing Cash Flow
Investing Cash FlowCr
-110-11-10100-1
Financing Cash Flow
Financing Cash FlowCr
00-1000000-12
Net Cash Flow
Net Cash FlowCr
00000-200000
Free Cash Flow
Free Cash FlowCr
1-101-1-10-101-2
CFO To PAT
CFO To PAT%
1,535.7-215.7-39.6277.3-734.1-2,691.0352.0-3,950.045.9-167.6-1,518.4
CFO To EBITDA
CFO To EBITDA%
-800.0-2,345.5-71.0359.9874.8624.8208.2-2,810.1-865.8-330.9

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
0011171407071119
Price To Earnings
Price To Earnings
0.00.039.257.6110.30.00.00.00.00.0201.1
Price To Sales
Price To Sales
0.00.01.00.51.70.00.70.00.82.92.2
Price To Book
Price To Book
0.00.03.14.74.00.01.90.02.44.44.7
EV To EBITDA
EV To EBITDA
2.3-1.470.274.2-132.7-11.2-51.6180.7441.652.1
Profitability Ratios
Profitability Ratios
GPM
GPM%
9.324.29.14.36.415.221.135.637.163.740.2
OPM
OPM%
-4.64.01.40.6-1.3-1.1-1.80.20.30.05.0
NPM
NPM%
2.443.42.50.81.50.3-1.00.1-5.0-12.21.1
ROCE
ROCE%
1.612.39.710.34.71.41.44.3-3.2-3.07.2
ROE
ROE%
1.212.27.88.23.51.2-3.10.3-15.2-18.42.3
ROA
ROA%
1.111.51.81.71.70.3-0.90.1-3.5-4.00.6
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** **Panabyte Technologies Limited (formerly Panache Innovations Ltd.)** is a publicly listed company on the **Bombay Stock Exchange (BSE)** with over **30 years of operational history**. The company is **ISO 9001:2015 certified**, underscoring its commitment to quality management and process excellence. Panabyte has evolved into a diversified technology enterprise operating across **electronics distribution**, **IT services**, and **smart security solutions**, with a strong emphasis on innovation, digital transformation, and customer-centric delivery. The company rebranded from **Panache Innovations Limited** to **Panabyte Technologies Limited** in recent years, signaling a strategic shift toward technology-led solutions and digital infrastructure. --- ### **Business Segments & Core Offerings** Panabyte operates through two primary verticals: #### 1. **WALKER Brand – Consumer Electronics Distribution** - Walker is a youth-focused, tech-driven brand launched in 2020 by Panabyte Technologies. - **Product Focus**: Ergonomic and portable IT accessories, laptops, mobility solutions, wireless audio, small home appliances, and personal care devices. - All Walker products are **"Made in India"** under a **"Local for Global"** manufacturing strategy, enabling control over quality, cost, supply chain efficiency, and time-to-market. - Key differentiators include **modular design**, **IoT integration**, **sustainable materials**, and **smart accessory innovation**. - Plans underway to expand into **bundled B2B offerings** with co-working spaces and educational institutions. #### 2. **Technology Solutions & Smart Security Systems** Panabyte is a leading provider of integrated technology and security infrastructure, offering: - **End-to-end surveillance systems** (analog, IP, wireless) with video analytics - **AI-powered access control**, anti-tailgating, and intrusion detection systems - **Fire alarm and suppression systems** (conventional, addressable, FM200, INERGEN) - **Building and smart city solutions** – including parking management, public Wi-Fi, and centralized command centers - **GPS-based tracking systems** for vehicles, assets, and personnel - **Gate automation** using boom barriers, turnstiles, DFMD, and X-ray scanners - **OEM and project-based services** with annual maintenance contracts (AMCs) --- ### **Key Products & Technological Advancements** #### **AI-Powered Security Solutions** - **AI-Based Video Analytics Platform**: - Achieves **>99% detection accuracy** and **>95% recognition accuracy** using deep learning. - Operates efficiently on **low-compute, edge-based hardware**, reducing reliance on cloud infrastructure. - Camera-agnostic, enabling compatibility across multiple vendors. - Features **"visual digital footprint"** technology for tracking without additional sensors. #### **AI Anti-Tailgating & Access Control System** - Detects unauthorized entry through trailing or piggybacking. - Integrates with CCTV and smart controllers. - Real-time alerts via SMS, alarms, and evidence capture. - Deployed in high-security environments: **data centers, airports, banks, defense facilities, R&D labs, and IT campuses**. #### **Smart PTZ Camera with Integrated Radar** - Combines **PTZ camera** with **security radar** (phased array, pulse Doppler, low-power FMCW modulation). - Supports **multi-target tracking of up to 32 objects**. - AI algorithms filter false alarms from weather (rain, fog). - Operates in **all lighting and weather conditions**. - Power options: **12V DC or PoE**, with **IP67 and IK09** ratings for durability. - Ideal for **airports, prisons, power stations**, and other critical infrastructure. #### **AI Intrusion Alarm Panel (Proprietary, Upcoming)** - Planned launch of an in-house developed **AI-based intrusion alarm system** with automated alert generation. - Positioning as a **differentiated, proprietary offering** in India’s growing smart security market. --- ### **Strategic Growth Initiatives (2024–2025)** #### **Digital Transformation & Operational Efficiency** - Investment in **automation**, **AI-led managed IT services**, and **AI-powered CRM systems**. - Enhanced **cybersecurity infrastructure** to support scalability and client trust. - Focus on **digitalization of operations**, talent upskilling, and agile project delivery. #### **Expansion of the WALKER Brand** - Current Distribution: Primarily via **major Indian e-commerce platforms** (Amazon, Flipkart, etc.). - Future Strategy: - Expansion into **offline retail channels** by FY 2025–26. - Entry into **select international markets** through **D2C and e-commerce platforms**. - Product line extension into **mobility, audio accessories, home appliances, and personal care tech**. - Brand Differentiation: - **D2C marketing campaigns** - **IoT-integrated designs** - **Sustainable materials and modular accessories** - **IP development** in smart accessory design #### **Leveraging Government & Regional Demand Trends** - Benefiting from the **Smart Cities Mission**, driving demand for: - AI-based surveillance - Centralized command & control systems - Integrated city management platforms - Rising investments in **security infrastructure in the Middle East, Africa, and Southeast Asia**. - Indian surveillance market projected to reach **₹65,000 crore by 2028**. - Panabyte’s strategy to capture market share via: - **Video analytics solutions** - **Cloud-based surveillance hubs** - **Plug-and-play kits for MSMEs** --- ### **Distribution & Market Presence** - **Pan-India Distribution Network**: Over **500 channel distributors** serving dealers, SMEs, retail, and institutional clients. - Channel Segmentation: - **125 telecom partners** - **375 FMCG partners** - Institutional Clients include **Mahindra & Mahindra, DMRL, CMS**, and large format retailers. - **E-commerce Strength**: - Special vendor partner with major platforms. - Strong presence under both **Walker** and **Hyundai** brands. - Historically, PIL was the **National Distributor for Motorola** (landline phones) and holds a **brand licensing agreement with Hyundai** for electronics. --- ### **Notable Contracts & Milestones** - **FY 2021–22**: Secured major contracts from: - **Mahindra & Mahindra** (IT services & AMC) - **CMS** (pan-India surveillance panel installation) - **DMRL** (IT services) - **First to launch Motorola Fixed Wireless Phone FW200L** under the **"Make in India"** initiative. - **Pioneered Hyundai Inverter LED Batten 20W**, the first of its kind in India. - Sustained success with **Hyundai-branded speaker bulbs** and **emergency lighting solutions**.