Pilani Investment & Industries Corporation Ltd
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]
- 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.
Peer comparison
Financial Services Financial Services Finance Holding Company
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jun
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Business Responsibility and Sustainability Reporting (BRSR)
6 Jun - Pilani Investment files FY 2024-25 Business Responsibility and Sustainability Report as part of annual report.
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Reg. 34 (1) Annual Report.
6 Jun - 78th Annual Report and AGM notice with dividend, director re-appointment, borrowing limit Rs 3,500 Cr, related party loans approvals.
- Notice Of The 78Th Annual General Meeting Of The Company 6 Jun
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Communication To Shareholders For TDS Deduction On Dividend
4 Jun - Dividend Rs.15/share declared; detailed TDS deduction and documentation guidelines for shareholders.
Annual reports
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Financial Year 2025
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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 2011
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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]