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Pennar Industries Limited PENIND NSEINFRA

Industrials · Specialty Industrial Machinery · India
https://www.pennarindia.com

Pennar Industries Limited operates as an engineering company in India and internationally. It operates in two segments: Diversified Engineering, and Custom Designed Building Solutions & Auxiliaries. The company offers engineered components, including automotive and white goods components, hydraulic cylinders, and precision sub assembly parts; precision tubes comprising electric resistance welding, CWE/DOM/CEW, bicycle frame, steel, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, telescopic front fork, and air pre-heater tubes, as well as automotive shock absorbers; and railway wagons, and passenger and metro coaches. It also provides steel products and profiles, such as cold rolled steel strips; electrostatic precipitator electrodes; building components, including purlins, roofing/cladding sheets, and decking profiles; metal crash barriers; sheet piles for infrastructure projects; and automobile products. In addition, the company offers solar module mounting structures to support the solar PV panels; aerospace machined components; industrial boilers and heaters; and water treatment chemicals, fuel additives, and specialty water treatment chemicals, as well as water and environment infrastructure turnkey solutions. Further, it designs, manufactures, supplies, services, and installs pre-engineered steel buildings and building components; and erects industries, warehouses, commercial centers, multi storied buildings, aircraft hangars, and defense installations, as well as engages in the design, manufacture, supply, erection, and maintenance of water and wastewater treatment plants. Additionally, the company provides structural engineering, building information modelling, plant and product engineering, industrial automation, and digital consultancy and value-added solutions; and solar structures. Pennar Industries Limited was incorporated in 1975 and is headquartered in Hyderabad, India.

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₹162.80
-27.60% 1Y

Market & Price

Market Cap
₹2,196.92 Cr
Current Price
₹162.80
High / Low (52W)
₹275.95 / ₹130.92
Beta
-

Valuation

Stock P/E
15.82
Industry PE
27.78
Forward P/E
11.31
PEG Ratio
-
Book Value
₹79.20
Price to Book
2.06
P/S
0.60
EV/EBITDA
7.70
Dividend Yield
-

Profitability & Returns

ROCE
20.23%
ROE
12.84%
ROA
6.09%
Profit Margin
3.79%
Op Margin
9.59%
EPS (Latest Qtr)
₹3.04
EPS (TTM)
₹10.29

Balance Sheet & Liquidity

Debt/Equity
1.00
Quick Ratio
0.51
Current Ratio
1.13
Debt
₹1,161.83 Cr
Total Assets
₹3,550.59 Cr
Current Assets
₹2,244.44 Cr
Working Capital
₹261.05 Cr

Ownership

Promoter Holding
42.71%
Chg in Prom Hold
-
FII / Inst Holding
5.72%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹3,088.17 Cr
Total Revenue (TTM)
₹3,666.32 Cr
EBITDA
₹401.32 Cr
Free Cash Flow
₹-272.72 Cr
Operating Cash Flow
₹202.12 Cr
Shares Outstanding
₹13.49 Cr
Gross Margin
42.85%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
19.05%
Profit 5Y
22.55%
Revenue (YoY)
3.10%
Earnings (YoY)
15.20%

PROS

  • Healthy ROCE of 20.2%.
  • Compounding revenue at 19.1% over 5 years.
  • Profit CAGR of 22.5% over 5 years.

CONS

  • Trading 41.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PENIND Pennar Industries Limited NSEINFRA 162.80 15.82 ₹2,196.92 Cr - 20.23% 12.84% 19.05% 22.55%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue --905.80 Cr845.67 Cr906.56 Cr943.06 Cr924.80 Cr
Cost of Revenue --522.60 Cr485.78 Cr545.31 Cr562.12 Cr501.93 Cr
Gross Profit --383.20 Cr359.89 Cr361.25 Cr380.94 Cr422.87 Cr
Operating Expenses --309.15 Cr292.75 Cr299.24 Cr319.87 Cr342.23 Cr
Operating Income 57.82 Cr64.31 Cr74.05 Cr67.14 Cr62.01 Cr-80.64 Cr
EBITDA --98.95 Cr94.12 Cr94.43 Cr98.54 Cr114.06 Cr
Interest Expense --33.61 Cr35.14 Cr34.11 Cr33.97 Cr34.30 Cr
Pretax Income --47.69 Cr40.16 Cr40.94 Cr43.06 Cr55.24 Cr
Tax Provision --11.42 Cr8.20 Cr8.78 Cr9.36 Cr14.12 Cr
Net Income --35.57 Cr31.94 Cr32.28 Cr33.55 Cr41.04 Cr
Diluted EPS 1.99-2.642.372.392.493.04

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -2,145.34 Cr3,028.03 Cr3,226.58 Cr3,620.09 Cr
Cost of Revenue -2,020.73 Cr2,207.05 Cr1,915.89 Cr2,095.14 Cr
Gross Profit -124.61 Cr820.98 Cr1,310.69 Cr1,524.95 Cr
Operating Expenses --59.12 Cr572.75 Cr1,068.83 Cr1,254.09 Cr
Operating Income -183.73 Cr248.23 Cr241.86 Cr270.86 Cr
EBITDA -223.19 Cr265.11 Cr347.44 Cr401.32 Cr
Interest Expense -59.78 Cr67.19 Cr119.60 Cr137.52 Cr
Pretax Income -98.44 Cr131.42 Cr158.95 Cr179.57 Cr
Tax Provision -23.01 Cr33.07 Cr38.95 Cr40.46 Cr
Net Income -75.42 Cr98.34 Cr119.27 Cr138.81 Cr
Diluted EPS 2.945.497.298.84-

Compounded Sales Growth

5 Years:19.05%
1 Year:3.10%

Compounded Profit Growth

5 Years:22.55%
1 Year:15.20%

Stock Price Performance

1 Year:-27.60%
6 Months:-24.91%
3 Months:+10.05%
1 Month:-3.56%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -2,318.22 Cr2,640.61 Cr2,954.19 Cr3,550.59 Cr
Current Assets -1,498.45 Cr1,636.39 Cr1,906.02 Cr2,244.44 Cr
Cash & Equivalents -142.98 Cr89.78 Cr141.37 Cr205.57 Cr
Inventory -782.70 Cr825.17 Cr935.33 Cr1,010.41 Cr
Receivables -363.46 Cr494.55 Cr580.38 Cr731.46 Cr
Total Liabilities -1,539.24 Cr1,763.14 Cr1,954.59 Cr2,387.44 Cr
Current Liabilities -1,369.10 Cr1,572.53 Cr1,677.92 Cr1,983.39 Cr
Long Term Debt -98.81 Cr134.82 Cr205.86 Cr326.99 Cr
Total Debt -685.24 Cr785.48 Cr812.16 Cr1,161.83 Cr
Total Equity -778.02 Cr876.50 Cr998.45 Cr1,163.15 Cr
Shares Outstanding -13.49 Cr13.49 Cr13.49 Cr13.49 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -244.12 Cr224.72 Cr255.98 Cr202.12 Cr
Investing Cash Flow --27.98 Cr-256.75 Cr-104.97 Cr-349.30 Cr
Financing Cash Flow --112.59 Cr-22.30 Cr-100.39 Cr211.07 Cr
Capital Expenditure --71.31 Cr-246.61 Cr-126.15 Cr-328.27 Cr
Free Cash Flow -172.81 Cr-21.89 Cr129.83 Cr-126.15 Cr
Net Change in Cash -103.55 Cr-54.33 Cr50.62 Cr63.89 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -5.8%27.1%40.6%42.1%
Operating Margin % -8.6%8.2%7.5%7.5%
Net Margin % -3.5%3.2%3.7%3.8%
ROE % -9.7%11.2%11.9%11.9%
ROCE % -19.4%23.2%19.0%17.3%

Shareholding Pattern

Insiders
42.71%
Institutions
5.72%
Public Float
9.98%

Analyst View

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