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 ₹ 3,152 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
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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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% |
Documents
Announcements
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Introduction Of Online Dispute Resolution Portal
1 Dec - Communication sent to members of Pilani Investment and Industries Corporation Limited- Introduction of Online Dispute Resolution Portal by SEBI
- Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Nov
- Board Meeting Outcome for Outcome Of Board Meeting 7 Nov
- Board Meeting Intimation for A Meeting Of The Board Of The Company 30 Oct
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Oct
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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]