Pennar Industries Ltd
Pennar Industries Limited is a multi-location, multi-product company manufacturing precision engineering products, Pre-Engineered Building Systems and Hydraulics and Warehousing solutions. [1]
- Market Cap ₹ 2,399 Cr.
- Current Price ₹ 178
- High / Low ₹ 204 / 94.1
- Stock P/E 23.4
- Book Value ₹ 65.0
- Dividend Yield 0.00 %
- ROCE 15.7 %
- ROE 11.8 %
- Face Value ₹ 5.00
Pros
Cons
- Stock is trading at 2.74 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.33% over last 3 years.
* 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
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,115 | 1,125 | 1,313 | 1,356 | 1,541 | 1,768 | 2,133 | 2,107 | 1,525 | 2,266 | 2,895 | 3,131 | 3,115 | |
1,002 | 1,035 | 1,195 | 1,208 | 1,387 | 1,562 | 1,959 | 1,937 | 1,432 | 2,094 | 2,673 | 2,858 | 2,833 | |
Operating Profit | 113 | 90 | 118 | 148 | 154 | 206 | 175 | 169 | 93 | 171 | 221 | 273 | 283 |
OPM % | 10% | 8% | 9% | 11% | 10% | 12% | 8% | 8% | 6% | 8% | 8% | 9% | 9% |
5 | 4 | 3 | 3 | 8 | 29 | 25 | 20 | 39 | 17 | 33 | 40 | 36 | |
Interest | 31 | 26 | 36 | 38 | 62 | 67 | 75 | 83 | 80 | 78 | 91 | 115 | 115 |
Depreciation | 18 | 19 | 18 | 19 | 25 | 29 | 28 | 43 | 48 | 54 | 65 | 66 | 67 |
Profit before tax | 69 | 48 | 67 | 94 | 75 | 138 | 97 | 63 | 4 | 56 | 98 | 131 | 137 |
Tax % | 34% | 36% | 35% | 38% | 33% | 34% | 31% | 15% | 22% | 25% | 23% | 25% | |
46 | 31 | 43 | 58 | 50 | 90 | 67 | 53 | 3 | 42 | 75 | 98 | 103 | |
EPS in Rs | 3.43 | 2.15 | 2.98 | 3.64 | 2.87 | 7.43 | 5.52 | 3.65 | 0.18 | 2.94 | 5.59 | 7.29 | 7.63 |
Dividend Payout % | 29% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 27% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 8% |
3 Years: | 119% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 48% |
3 Years: | 81% |
1 Year: | 68% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 9% |
Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 61 | 60 | 60 | 60 | 60 | 76 | 76 | 73 | 71 | 71 | 67 | 67 |
Reserves | 278 | 311 | 342 | 454 | 416 | 528 | 591 | 628 | 625 | 664 | 711 | 809 |
172 | 161 | 198 | 267 | 299 | 355 | 445 | 490 | 618 | 646 | 685 | 785 | |
243 | 300 | 332 | 644 | 709 | 553 | 631 | 663 | 579 | 760 | 855 | 978 | |
Total Liabilities | 754 | 832 | 931 | 1,425 | 1,484 | 1,512 | 1,744 | 1,853 | 1,893 | 2,141 | 2,318 | 2,640 |
235 | 268 | 282 | 464 | 441 | 342 | 454 | 626 | 603 | 644 | 721 | 697 | |
CWIP | 17 | 13 | 3 | 3 | 12 | 27 | 118 | 33 | 61 | 76 | 18 | 218 |
Investments | 3 | 26 | 26 | 33 | 35 | 69 | 52 | 45 | 18 | 45 | 27 | 22 |
499 | 526 | 620 | 925 | 996 | 1,073 | 1,120 | 1,149 | 1,211 | 1,376 | 1,552 | 1,704 | |
Total Assets | 754 | 832 | 931 | 1,425 | 1,484 | 1,512 | 1,744 | 1,853 | 1,893 | 2,141 | 2,318 | 2,640 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
88 | 84 | 30 | 205 | -19 | -2 | 174 | 191 | -43 | 195 | 244 | 225 | |
-27 | -72 | -30 | -268 | 41 | -39 | -204 | -72 | -6 | -98 | -26 | -256 | |
-43 | -35 | -4 | 115 | -21 | 16 | 13 | -95 | 43 | -92 | -113 | -22 | |
Net Cash Flow | 19 | -23 | -3 | 51 | 1 | -26 | -18 | 24 | -5 | 4 | 105 | -53 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 76 | 81 | 94 | 103 | 82 | 83 | 79 | 69 | 102 | 68 | 46 | 58 |
Inventory Days | 82 | 93 | 88 | 116 | 157 | 147 | 122 | 128 | 193 | 167 | 159 | 155 |
Days Payable | 54 | 88 | 85 | 196 | 173 | 125 | 125 | 139 | 176 | 142 | 118 | 149 |
Cash Conversion Cycle | 104 | 86 | 98 | 24 | 66 | 104 | 76 | 57 | 120 | 94 | 86 | 64 |
Working Capital Days | 78 | 79 | 91 | 54 | 65 | 95 | 73 | 56 | 137 | 83 | 59 | 61 |
ROCE % | 19% | 13% | 17% | 18% | 16% | 21% | 17% | 13% | 5% | 10% | 13% | 16% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Certificate under Regulation 74(5) for Q2 2024.
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Announcement under Regulation 30 (LODR)-Credit Rating
8 Oct - CARE Ratings reaffirmed and assigned credit ratings for Pennar Industries.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 Sep
- Reg. 34 (1) Annual Report. 28 Sep
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Proceedings
28 Sep - Summary of 48th AGM proceedings of Pennar Industries.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Nov 2023Transcript PPT
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May 2023TranscriptNotesPPT REC
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Nov 2018TranscriptNotesPPT
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Nov 2016Transcript PPT
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Aug 2016Transcript PPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Product Portfolio
The Co manufactures over 1000 products such as Cold Rolled Steel Strips, Precision Tubes, Railway Press Release wagons / Coaches, Solar module mounting structures & Photovoltaic panels, Road Safety Systems, Water & Sewage treatment solutions, Desalination projects etc. These products are used in a variety of industries like railways, automobiles, general engineering, building and construction etc. [1][2]