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 ₹ 3,899 Cr.
- Current Price ₹ 3,522
- High / Low ₹ 8,266 / 0.00
- Stock P/E 25.2
- Book Value ₹ 15,532
- Dividend Yield 0.43 %
- ROCE 2.01 %
- ROE 1.29 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.23 times its book value
Cons
- Company has a low return on equity of 1.78% 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
178 | 45 | 32 | 28 | 35 | 30 | 25 | 126 | 199 | 258 | 279 | 286 | 309 | |
2 | 3 | 6 | 6 | 4 | 4 | 3 | 11 | 7 | 7 | 7 | 10 | 9 | |
Operating Profit | 175 | 43 | 26 | 22 | 31 | 26 | 22 | 115 | 191 | 250 | 272 | 276 | 300 |
OPM % | 99% | 94% | 80% | 78% | 90% | 87% | 87% | 91% | 96% | 97% | 98% | 96% | 97% |
0 | 3 | 0 | 0 | 0 | -2 | 0 | 0 | 1 | 0 | 1 | 0 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 43 | 52 | 59 | 65 | 74 | 81 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 175 | 45 | 26 | 22 | 30 | 23 | 3 | 72 | 140 | 191 | 208 | 202 | 220 |
Tax % | 20% | 8% | 7% | 6% | 9% | 12% | -294% | 25% | 24% | 24% | 25% | 26% | |
128 | -61 | -35 | 10 | 43 | 20 | 2,017 | 175 | 97 | 201 | 246 | 166 | 155 | |
EPS in Rs | 114.93 | -55.12 | -31.52 | 8.79 | 38.50 | 120.69 | 1,817.32 | 157.61 | 87.30 | 181.91 | 222.11 | 150.34 | 140.02 |
Dividend Payout % | 16% | -32% | -57% | 203% | 46% | 15% | 1% | 11% | 17% | 8% | 7% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 63% |
3 Years: | 13% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | -39% |
3 Years: | 20% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 28% |
1 Year: | 7% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 1% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 11 | 11 | 11 | 11 | 11 |
Reserves | 1,339 | 1,252 | 1,190 | 1,172 | 1,211 | 5,875 | 5,100 | 5,103 | 9,838 | 11,091 | 11,158 | 14,596 | 17,187 |
2 | 2 | 2 | 2 | 2 | 0 | 245 | 420 | 810 | 1,066 | 736 | 949 | 975 | |
25 | 26 | 27 | 29 | 3 | 14 | 22 | 115 | 391 | 542 | 511 | 893 | 1,573 | |
Total Liabilities | 1,374 | 1,288 | 1,226 | 1,211 | 1,224 | 5,897 | 5,375 | 5,646 | 11,050 | 12,711 | 12,416 | 16,449 | 19,745 |
3 | 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 | 0 |
Investments | 1,263 | 1,213 | 1,146 | 1,191 | 1,212 | 5,886 | 5,363 | 4,186 | 9,001 | 10,376 | 10,274 | 14,015 | 17,375 |
108 | 72 | 78 | 17 | 9 | 6 | 7 | 1,455 | 2,045 | 2,331 | 2,138 | 2,430 | 2,367 | |
Total Assets | 1,374 | 1,288 | 1,226 | 1,211 | 1,224 | 5,897 | 5,375 | 5,646 | 11,050 | 12,711 | 12,416 | 16,449 | 19,745 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 28 | 26 | 26 | 16 | 19 | 17 | -1,388 | -442 | -100 | 417 | -31 | |
-0 | 1 | -5 | -6 | 8 | 3 | -214 | 1,283 | 121 | -76 | -8 | -91 | |
-23 | -23 | -23 | -24 | -24 | -21 | 198 | 108 | 318 | 181 | -412 | 122 | |
Net Cash Flow | -0 | 6 | -2 | -3 | -0 | -0 | 0 | 4 | -3 | 4 | -3 | -0 |
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 | 1 | 3 | 6 | 6 | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1 | 3 | 6 | 6 | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 |
Working Capital Days | 159 | 279 | 424 | -351 | -20 | -48 | -294 | 36 | -18 | -15 | -15 | -13 |
ROCE % | 14% | 3% | 2% | 2% | 3% | 1% | 0% | 2% | 2% | 2% | 2% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Credit Rating
12 Feb - CARE Ratings reaffirmed Commercial Paper rating at Rs. 2,000 Crores.
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Announcement under Regulation 30 (LODR)-Credit Rating
11 Feb - CRISIL reaffirms ratings for Commercial Paper and Debentures.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb
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Integrated Filing (Financial)
5 Feb - Integrated financial results for quarter ended December 2024.
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Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December 2024
5 Feb - Approved financial results and reappointment of Chairperson.
Annual reports
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Financial Year 2024
from bse
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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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Financial Year 2010
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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]