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

₹ 2,849 3.91%
05 Dec 4:01 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 ₹ 3,152 Cr.
  • Current Price ₹ 2,849
  • High / Low ₹ 2,860 / 1,602
  • Stock P/E 16.5
  • Book Value ₹ 11,411
  • Dividend Yield 0.53 %
  • ROCE 2.26 %
  • ROE 2.21 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.25 times its book value

Cons

  • Company has a low return on equity of 1.87% over last 3 years.
  • Dividend payout has been low at 10.7% 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

Sector: Finance Industry: Finance & Investments

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
62 49 50 55 98 52 53 60 112 52 54 55 107
3 1 2 2 1 1 4 2 1 1 3 2 2
Operating Profit 59 48 48 53 97 51 49 58 111 51 51 53 104
OPM % 96% 97% 97% 97% 99% 98% 93% 97% 99% 97% 95% 96% 98%
0 0 1 0 0 0 0 0 0 0 1 0 0
Interest 13 15 16 16 15 13 14 17 19 13 16 16 17
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 46 32 33 37 82 37 35 41 92 38 37 36 87
Tax % 22% 24% 25% 25% 21% 25% 26% 26% 29% 13% 26% 25% 26%
31 35 22 35 79 33 54 45 89 36 75 25 54
EPS in Rs 27.75 31.83 20.20 31.62 71.46 29.69 49.14 41.07 80.68 32.56 67.81 22.85 48.95
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
29 178 45 32 28 35 30 25 126 199 258 279 268
4 2 3 6 6 4 4 3 11 7 7 7 8
Operating Profit 25 175 43 26 22 31 26 22 115 191 250 272 260
OPM % 87% 99% 94% 80% 78% 90% 87% 87% 91% 96% 97% 98% 97%
0 0 3 0 0 0 -2 0 0 1 0 1 1
Interest 0 0 0 0 0 0 0 19 43 52 59 65 62
Depreciation 0 0 0 0 0 1 1 0 0 0 0 0 0
Profit before tax 25 175 45 26 22 30 23 3 72 140 191 208 198
Tax % 4% 20% 8% 7% 6% 9% 12% -294% 25% 24% 24% 25%
32 128 -61 -35 10 43 20 2,017 175 97 201 246 191
EPS in Rs 28.93 114.93 -55.12 -31.52 8.79 38.50 120.69 1,817.32 157.61 87.30 181.91 222.11 172.17
Dividend Payout % 62% 16% -32% -57% 203% 46% 15% 1% 11% 17% 8% 7%
Compounded Sales Growth
10 Years: 5%
5 Years: 56%
3 Years: 30%
TTM: -3%
Compounded Profit Growth
10 Years: 7%
5 Years: 62%
3 Years: 12%
TTM: -14%
Stock Price CAGR
10 Years: %
5 Years: 13%
3 Years: 23%
1 Year: 47%
Return on Equity
10 Years: 6%
5 Years: 7%
3 Years: 2%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 1,237 1,339 1,252 1,190 1,172 1,211 5,875 5,100 5,103 9,838 11,091 11,158 12,623
2 2 2 2 2 2 0 245 420 810 1,066 736 776
24 25 26 27 29 3 14 22 115 391 542 511 673
Total Liabilities 1,272 1,374 1,288 1,226 1,211 1,224 5,897 5,375 5,646 11,050 12,711 12,416 14,083
3 3 3 3 3 3 5 5 5 4 4 4 4
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1,253 1,263 1,213 1,146 1,191 1,212 5,886 5,363 4,186 9,001 10,376 10,274 11,817
16 108 72 78 17 9 6 7 1,455 2,045 2,331 2,138 2,262
Total Assets 1,272 1,374 1,288 1,226 1,211 1,224 5,897 5,375 5,646 11,050 12,711 12,416 14,083

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 19 17 -1,388 -442 -100 417
-0 -0 1 -5 -6 8 3 -214 1,283 121 -76 -8
-23 -23 -23 -23 -24 -24 -21 198 108 318 181 -412
Net Cash Flow 0 -0 6 -2 -3 -0 -0 0 4 -3 4 -3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 4 1 3 6 6 3 3 8 2 1 0 1
Inventory Days
Days Payable
Cash Conversion Cycle 4 1 3 6 6 3 3 8 2 1 0 1
Working Capital Days -176 159 279 424 -351 -20 -48 -294 36 -18 -15 -15
ROCE % 2% 14% 3% 2% 2% 3% 1% 0% 2% 2% 2% 2%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
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% 0.36% 0.36% 0.38% 0.50% 0.54% 0.54% 0.53% 0.53% 0.53%
1.23% 1.23% 0.25% 0.25% 0.25% 0.25% 0.24% 0.25% 0.25% 0.25% 0.25% 0.26%
40.86% 40.87% 41.84% 41.84% 41.84% 41.82% 41.71% 41.66% 41.66% 41.67% 41.67% 41.65%
No. of Shareholders 7,5978,72112,38312,03013,22313,70913,35213,37312,83612,58812,16713,626

* 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

Announcements

Annual reports

Credit ratings