Pilani Investment & Industries Corporation Ltd

Pilani Investment & Industries Corporation Ltd

₹ 5,223 -0.95%
13 Jun - close price
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]

  • Market Cap 5,783 Cr.
  • Current Price 5,223
  • High / Low 8,266 / 3,280
  • Stock P/E 58.7
  • Book Value 14,432
  • Dividend Yield 0.29 %
  • ROCE 1.75 %
  • ROE 0.64 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.36 times its book value

Cons

  • Company has a low return on equity of 1.30% over last 3 years.
  • Dividend payout has been low at 11.2% of profits 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
53 60 112 52 54 55 107 62 63 62 123 61 57
4 2 1 1 3 2 2 5 1 2 2 5 6
Operating Profit 49 58 111 51 51 53 104 57 62 60 121 56 51
OPM % 93% 97% 99% 97% 95% 96% 98% 92% 98% 97% 98% 93% 90%
0 0 0 0 1 0 0 0 0 0 2 1 3
Interest 14 17 19 13 16 16 17 19 22 20 20 20 29
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 35 41 92 38 37 36 87 38 40 40 103 37 24
Tax % 26% 26% 29% 13% 26% 25% 26% 27% 25% 25% 25% 28% 25%
54 45 89 36 75 25 54 56 31 33 78 13 -25
EPS in Rs 49.14 41.07 80.68 32.56 67.81 22.85 48.95 50.14 28.40 29.36 70.18 12.08 -22.66
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
45 32 28 35 30 25 126 199 258 279 286 305
3 6 6 4 4 3 11 7 7 7 10 14
Operating Profit 43 26 22 31 26 22 115 191 250 272 276 291
OPM % 94% 80% 78% 90% 87% 87% 91% 96% 97% 98% 96% 95%
3 0 0 0 -2 0 0 1 0 1 0 2
Interest 0 0 0 0 0 19 43 52 59 65 74 88
Depreciation 0 0 0 1 1 0 0 0 0 0 0 0
Profit before tax 45 26 22 30 23 3 72 140 191 208 202 204
Tax % 8% 7% 6% 9% 12% -294% 25% 24% 24% 25% 26% 26%
-61 -35 10 43 20 2,017 175 97 201 246 166 98
EPS in Rs -55.12 -31.52 8.79 38.50 120.69 1,817.32 157.61 87.30 181.91 222.11 150.34 88.94
Dividend Payout % -32% -57% 203% 46% 15% 1% 11% 17% 8% 7% 10% 17%
Compounded Sales Growth
10 Years: 25%
5 Years: 19%
3 Years: 6%
TTM: 7%
Compounded Profit Growth
10 Years: 17%
5 Years: -11%
3 Years: -21%
TTM: -41%
Stock Price CAGR
10 Years: %
5 Years: 40%
3 Years: 48%
1 Year: 35%
Return on Equity
10 Years: 4%
5 Years: 1%
3 Years: 1%
Last Year: 1%

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
Equity Capital 8 8 8 8 8 8 8 11 11 11 11 11
Reserves 1,252 1,190 1,172 1,211 5,875 5,100 5,103 9,838 11,091 11,158 14,596 15,969
2 2 2 2 0 245 420 810 1,066 736 949 1,937
26 27 29 3 14 22 115 391 542 511 893 1,400
Total Liabilities 1,288 1,226 1,211 1,224 5,897 5,375 5,646 11,050 12,711 12,416 16,449 19,317
3 3 3 3 5 5 5 4 4 4 4 4
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1,213 1,146 1,191 1,212 5,886 5,363 4,186 9,001 10,376 10,274 14,015 17,386
72 78 17 9 6 7 1,455 2,045 2,331 2,138 2,430 1,927
Total Assets 1,288 1,226 1,211 1,224 5,897 5,375 5,646 11,050 12,711 12,416 16,449 19,317

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
28 26 26 16 19 17 -1,388 -442 -100 417 -87 650
1 -5 -6 8 3 -214 1,283 121 -76 -8 -72 -1,648
-23 -23 -24 -24 -21 198 108 318 181 -412 196 972
Net Cash Flow 6 -2 -3 -0 -0 0 4 -3 4 -3 37 -27

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 3 6 6 3 3 8 2 1 0 1 0 1
Inventory Days
Days Payable
Cash Conversion Cycle 3 6 6 3 3 8 2 1 0 1 0 1
Working Capital Days 279 424 -351 -20 -48 -294 36 -18 -15 -15 -13 -25
ROCE % 3% 2% 2% 3% 1% 0% 2% 2% 2% 2% 2% 2%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55% 57.55%
0.50% 0.54% 0.54% 0.53% 0.53% 0.53% 0.50% 0.47% 0.45% 0.56% 0.35% 0.38%
0.24% 0.25% 0.25% 0.25% 0.25% 0.26% 0.25% 0.25% 0.25% 0.39% 0.39% 0.40%
41.71% 41.66% 41.66% 41.67% 41.67% 41.65% 41.70% 41.74% 41.75% 41.51% 41.71% 41.68%
No. of Shareholders 13,35213,37312,83612,58812,16713,62613,11613,41513,89714,79719,33219,447

* 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