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 ₹ 2,038 Cr.
- Current Price ₹ 1,846
- High / Low ₹ 2,130 / 1,509
- Stock P/E 8.29
- Book Value ₹ 10,088
- Dividend Yield 0.81 %
- ROCE 2.26 %
- ROE 2.21 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.18 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
29 | 178 | 45 | 32 | 28 | 35 | 30 | 25 | 126 | 199 | 258 | 279 | |
4 | 2 | 3 | 6 | 6 | 4 | 4 | 3 | 11 | 7 | 7 | 7 | |
Operating Profit | 25 | 175 | 43 | 26 | 22 | 31 | 26 | 22 | 115 | 191 | 250 | 272 |
OPM % | 87% | 99% | 94% | 80% | 78% | 90% | 87% | 87% | 91% | 96% | 97% | 98% |
0 | 0 | 3 | 0 | 0 | -0 | -2 | 0 | -0 | 1 | 0 | 1 | |
Interest | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 19 | 43 | 52 | 59 | 65 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 25 | 175 | 45 | 26 | 22 | 30 | 23 | 3 | 72 | 140 | 191 | 208 |
Tax % | 4% | 20% | 8% | 7% | 6% | 9% | 12% | -294% | 25% | 24% | 24% | 25% |
Net Profit | 32 | 128 | -61 | -35 | 10 | 43 | 20 | 2,017 | 175 | 97 | 201 | 246 |
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 |
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: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 62% |
3 Years: | 12% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 25% |
1 Year: | 8% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 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 |
2 | 2 | 2 | 2 | 2 | 2 | -0 | 245 | 420 | 810 | 1,066 | 736 | |
24 | 25 | 26 | 27 | 29 | 3 | 14 | 22 | 115 | 391 | 542 | 511 | |
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 |
3 | 3 | 3 | 3 | 3 | 3 | 5 | 5 | 5 | 4 | 4 | 4 | |
CWIP | -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 |
16 | 108 | 72 | 78 | 17 | 9 | 6 | 7 | 1,455 | 2,045 | 2,331 | 2,138 | |
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 |
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 | ||
-0 | -0 | 1 | -5 | -6 | 8 | 3 | -214 | 1,283 | 121 | -76 | ||
-23 | -23 | -23 | -23 | -24 | -24 | -21 | 198 | 108 | 318 | 181 | ||
Net Cash Flow | 0 | -0 | 6 | -2 | -3 | -0 | -0 | 0 | 4 | -3 | 4 |
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
- Related Party Transactions - Regulation 23(9) Of The SEBI (LODR) Regulations, 2015. 1d
- Declaration Under Regulation 33(3)(D) Of SEBI (LODR) Regulations, 2015 1d
- Corporate Action-Board approves Dividend 1d
- Board Meeting Outcome for Outcome Of Board Meeting Held On 29Th May, 2023 1d
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Secretarial Compliance Report for the financial year ended 31st March, 2023.
Investments
The Co holds significant investments in Equity Shares of various diversified companies like Century Textiles and Industries Limited, Grasim Industries Limited, Hindalco Industries Limited, UltraTech Cement Limited, Vodafone Idea Limited, Kesoram Industries Limited etc. The market value of these investments stood at 11,500 crores as of Dec 2021. [1]