Pioneer Investcorp Ltd

Pioneer Invest Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Pioneer Investcorp Ltd

₹ 94.4 4.99%
12 Dec - close price
pinc.co.in BSE: 507864
About

Incorporated in 1984, Pioneer Investcorp Ltd
is in the business of providing Financial Services

Key Points

Business Overview:[1]
Company is a SEBI registered Category–I Merchant Banker and an integrated mid-market focused financial services company. It provides Investment Banking and Financial Advisory Services which includes formulating capital structure, raising capital, debt restructuring, project financing, coal consultancy and other corporate advisory services. Apart from this, company also deals in Secondary capital market like open offer in Takeovers, Right issue, Buyback, Mergers and Amalgamation, and valuation assignments, Government securities (G-Sec & SDL) and corporate bonds

Website BSE
  • Market Cap ₹ 116 Cr.
  • Current Price ₹ 94.4
  • High / Low ₹ 108 / 55.0
  • Stock P/E 9.07
  • Book Value ₹ 134
  • Dividend Yield 0.00 %
  • ROCE 8.82 %
  • ROE 5.20 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Stock is trading at 0.71 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 20.5% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 1.75% over past five years.
  • Company has a low return on equity of 3.23% over last 3 years.
  • Promoters have pledged or encumbered 43.6% of their holding.
  • Earnings include an other income of Rs.10.4 Cr.
  • Company has high debtors of 1,043 days.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Financial Services Financial Services Finance Other Financial Services

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
9.22 6.44 9.66 8.35 7.34 8.43 11.45 8.64 8.00 9.66 9.91 15.31 15.57
4.99 5.60 5.59 5.26 5.07 5.47 8.63 5.10 7.06 5.57 7.96 8.43 7.72
Operating Profit 4.23 0.84 4.07 3.09 2.27 2.96 2.82 3.54 0.94 4.09 1.95 6.88 7.85
OPM % 45.88% 13.04% 42.13% 37.01% 30.93% 35.11% 24.63% 40.97% 11.75% 42.34% 19.68% 44.94% 50.42%
0.01 0.21 0.14 0.11 0.02 0.21 6.88 2.67 3.87 0.82 7.07 1.72 0.82
Interest 1.18 1.72 2.39 2.32 1.82 2.50 4.01 2.26 4.10 3.01 3.83 4.02 2.39
Depreciation 0.26 0.27 0.15 0.25 0.26 0.27 0.28 0.24 0.23 0.20 0.39 0.17 0.17
Profit before tax 2.80 -0.94 1.67 0.63 0.21 0.40 5.41 3.71 0.48 1.70 4.80 4.41 6.11
Tax % 2.86% 11.70% 84.43% 49.21% 47.62% 27.50% 38.45% 11.32% 41.67% 12.35% 40.83% 18.14% 20.79%
2.72 -1.05 0.27 0.32 0.11 0.30 3.34 3.29 0.28 1.49 2.84 3.61 4.85
EPS in Rs 2.21 -0.85 0.22 0.26 0.09 0.24 2.72 2.68 0.23 1.21 2.31 2.94 3.94
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
31 34 25 63 40 38 43 31 36 32 41 47 50
22 17 18 24 31 28 26 19 20 21 24 24 30
Operating Profit 9 17 8 39 9 10 17 12 16 11 17 23 21
OPM % 30% 50% 31% 62% 23% 27% 39% 40% 44% 34% 40% 49% 41%
-14 0 0 0 0 0 0 0 0 0 2 3 10
Interest 13 9 8 13 7 8 11 8 10 7 11 14 13
Depreciation 2 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax -19 8 -1 25 1 2 5 3 5 4 7 11 17
Tax % 7% 18% -35% 30% 74% -4% 38% 68% 25% 43% 39% 26%
-21 6 -1 18 0 2 3 1 4 2 4 8 13
EPS in Rs -16.96 5.04 -0.69 14.48 0.26 1.57 2.53 0.72 3.03 1.68 3.31 6.42 10.40
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 2%
3 Years: 9%
TTM: 38%
Compounded Profit Growth
10 Years: 2%
5 Years: 20%
3 Years: 28%
TTM: 77%
Stock Price CAGR
10 Years: 16%
5 Years: 25%
3 Years: 36%
1 Year: 37%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 3%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 91 96 96 113 110 112 117 119 124 126 135 143 151
64 66 34 50 46 73 42 103 51 84 108 143 71
15 18 8 20 10 9 9 8 16 24 149 150 137
Total Liabilities 183 193 151 197 179 207 182 243 205 248 406 449 372
5 3 2 3 4 5 6 5 5 4 5 5 6
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2 7 4 15 16 17 16 16 18 18 119 122 124
176 183 145 179 158 186 160 222 182 226 282 322 242
Total Assets 183 193 151 197 179 207 182 243 205 248 406 449 372

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
34 10 29 10 17 -12 32 -55 68 -30 -23 -25
55 1 5 -11 -1 -1 6 1 -2 1 6 5
-91 -7 -40 3 -12 20 -43 52 -62 26 11 21
Net Cash Flow -1 4 -6 1 4 7 -5 -2 5 -2 -6 1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 1,315 1,131 1,350 569 925 1,027 1,130 1,397 1,044 1,660 1,240 1,043
Inventory Days
Days Payable
Cash Conversion Cycle 1,315 1,131 1,350 569 925 1,027 1,130 1,397 1,044 1,660 1,240 1,043
Working Capital Days 929 824 1,182 559 801 929 1,031 2,347 1,488 2,113 686 838
ROCE % 4% 10% 5% 24% 5% 5% 8% 6% 7% 5% 7% 9%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 65.34%
3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 3.79% 3.59% 2.99% 2.99% 2.99%
0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22%
31.18% 31.18% 31.19% 31.19% 31.18% 31.19% 31.18% 31.19% 31.40% 32.01% 31.99% 31.46%
No. of Shareholders 4,0454,0784,0944,1164,0864,0934,1184,1124,8114,9324,8534,895

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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