Pilani Investment & Industries Corporation Ltd

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

Pilani Investment & Industries Corporation Ltd

₹ 3,842 1.87%
24 Apr 12:27 p.m.
pilaniinvestment.com BSE: 539883 NSE : PILANIINVS
About

Pilani Investment and Industries Corporation Limited is registered as a non-deposit-taking NBFC with the Reserve Bank of India. It functions as a core investment company with main activity being investment in shares and securities of the Birla group companies and providing finance to them. [1]

Key Points

Investments
The Co holds investments in Equity Shares of various companies like Century Textiles and Industries Limited, Grasim Industries Limited, Hindalco Industries Limited, UltraTech Cement Limited, Vodafone Idea Limited, Kesoram Industries Limited, etc. [1] Total investments stood at Rs. ~9400 crores as of March 2023. [2]

Website BSE NSE
  • Market Cap ₹ 4,254 Cr.
  • Current Price ₹ 3,842
  • High / Low ₹ 3,985 / 1,723
  • Stock P/E 25.9
  • Book Value ₹ 10,595
  • Dividend Yield 0.38 %
  • ROCE 2.56 %
  • ROE 1.66 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.38 times its book value
  • Company has delivered good profit growth of 32.8% CAGR over last 5 years

Cons

  • Company has a low return on equity of 1.64% 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
49 50 55 101 52 53 60 126 52 54 55 124 62
1 2 2 1 1 4 2 1 1 3 2 2 5
Operating Profit 48 48 53 100 51 49 58 125 51 51 53 122 57
OPM % 98% 97% 97% 99% 98% 93% 97% 99% 97% 95% 97% 98% 92%
0 1 0 0 0 0 0 0 0 1 0 0 0
Interest 15 16 16 15 13 14 17 19 13 16 16 17 19
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 32 33 37 85 37 35 41 106 38 36 36 105 38
Tax % 24% 25% 25% 20% 25% 26% 26% 25% 13% 26% 25% 21% 27%
25 25 28 68 28 26 30 80 33 27 27 82 28
EPS in Rs 22.20 22.49 25.13 61.09 25.41 23.17 27.23 72.06 29.94 24.11 24.56 74.30 25.13
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
47 197 64 51 47 53 48 49 153 209 260 292 294
4 2 3 6 6 4 4 3 11 7 7 7 12
Operating Profit 44 194 61 44 40 49 44 45 142 202 253 286 283
OPM % 92% 99% 96% 87% 87% 93% 92% 93% 93% 97% 97% 98% 96%
0 0 3 0 0 0 0 0 0 1 0 1 1
Interest 0 0 0 0 0 0 0 19 43 52 59 65 68
Depreciation 0 0 0 0 0 1 1 0 0 0 0 0 0
Profit before tax 44 194 64 44 40 49 44 26 99 150 194 221 215
Tax % 2% 18% 6% 4% 3% 5% 6% -29% 18% 22% 23% 23%
43 159 60 42 39 46 41 33 81 117 149 170 164
EPS in Rs 38.52 143.19 54.03 38.22 35.05 41.40 37.03 30.08 73.05 106.03 134.80 153.34 148.10
Dividend Payout % 46% 12% 33% 47% 51% 43% 48% 59% 24% 14% 11% 10%
Compounded Sales Growth
10 Years: 4%
5 Years: 43%
3 Years: 24%
TTM: 1%
Compounded Profit Growth
10 Years: 1%
5 Years: 33%
3 Years: 28%
TTM: -3%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: 31%
1 Year: 118%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 8 8 8 8 8 8 8 8 8 11 11 11 11
Reserves 664 800 836 855 870 916 5,179 4,408 4,352 9,067 10,234 10,253 11,720
0 0 0 0 0 0 0 245 420 810 1,066 736 776
24 25 26 27 29 3 7 16 107 382 534 503 665
Total Liabilities 696 832 870 890 907 927 5,194 4,677 4,887 10,270 11,846 11,503 13,172
0 0 0 0 0 0 2 2 2 2 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 679 720 794 808 886 915 5,184 4,665 3,430 8,224 9,515 9,366 10,911
17 113 76 81 20 11 8 9 1,455 2,044 2,329 2,136 2,260
Total Assets 696 832 870 890 907 927 5,194 4,677 4,887 10,270 11,846 11,503 13,172

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
23 23 28 26 26 16 40 36 -1,360 -431 -97 431
-0 -0 1 -5 -6 8 -16 -238 1,256 110 -80 -22
-23 -23 -23 -23 -24 -24 -24 202 108 318 181 -412
Net Cash Flow 0 -0 6 -2 -4 -0 -0 0 3 -3 4 -3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 2 1 2 4 3 2 2 4 2 1 0 1
Inventory Days
Days Payable
Cash Conversion Cycle 2 1 2 4 3 2 2 4 2 1 0 1
Working Capital Days -106 143 198 271 -214 -15 8 -109 44 -7 -7 -7
ROCE % 7% 26% 8% 5% 5% 5% 1% 1% 3% 3% 2% 3%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55%
0.36% 0.36% 0.36% 0.38% 0.50% 0.54% 0.54% 0.53% 0.53% 0.53% 0.50% 0.47%
0.25% 0.25% 0.25% 0.25% 0.24% 0.25% 0.25% 0.25% 0.25% 0.26% 0.25% 0.25%
41.84% 41.84% 41.84% 41.82% 41.71% 41.66% 41.66% 41.67% 41.67% 41.65% 41.70% 41.74%
No. of Shareholders 12,38312,03013,22313,70913,35213,37312,83612,58812,16713,62613,11613,415

* 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.

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