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Pennar Industries Ltd

(PENIND)

₹198.641.05%

as on 04:01PM, 27 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Pennar Industries Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Pennar Industries Ltd. An average target of ₹228

Source: S&P Global Market Intelligence

Pennar Industries Ltd Share analysis

Pennar Industries Ltd price forecast by 1 analysts

Upside of15.98%

High

₹228

Target

₹228.00

Low

₹228

Pennar Industries Ltd target price ₹228, a slight upside of 15.98% compared to current price of ₹198.64. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Pennar Industries Ltd Performance

  • Day's Low

    Day's High

    ₹195.62
    Day's Price Range
    ₹203.44
  • 52 Week's Low

    52 Week's High

    ₹106.4
    52-Week Price Range
    ₹227.7
1 Month Return-1.98 %
3 Month Return+ 15.09 %
1 Year Return+ 52.92 %
Previous Close₹196.58
Open₹196.00
Volume7.91L
Upper Circuit-
Lower Circuit-
Market Cap₹2,652.77Cr

Pennar Industries Ltd Key Statistics

P/E Ratio24.82
PEG Ratio18.8
Market Cap₹2,652.77 Cr
P/B Ratio2.28
EPS7.29
Dividend Yield0
SectorSteel
ROE7.8

Pennar Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,652.77 Cr131.51%0.75₹98 Cr₹3,130 Cr
NA₹48.91 Cr41.61%0.81₹3 Cr₹275 Cr
NA₹17,222.63 Cr448.38%0.52₹508 Cr₹3,868 Cr
NA₹195.35 Cr163.92%0.88NANA
NA₹3,039.93 Cr368.92%0.69₹132 Cr₹3,524 Cr

About Pennar Industries Ltd

Pennar Industries Ltd, founded by J Naresh Kumar in August 1975 and initially known as 'Pennar Steels', is a manufacturer of cold-rolled coils (CRCs) of widths up to 700mm, which are supplied to the automobile and white goods industries. 50% of the company's sales comes from the automobile sector, with clients such as Jay Bharat Maruti and Mahindra Mahindra, and Godrej Kelvinator and Voltas in the white goods sector. In 1988-90 the company began an expansion project to increase its capacity from 12000 to 60000 tonnes per annum (tpa), with the first phase increasing the capacity to 36000 tpa in 1991. In 1995, Pennar Industries acquired ISO 9002 certification from RWTUV Germany. Further, diversification of product mix happened in 1999-2000 when the company acquired manufacturing facilities in the cold forming section of Tube Investments of India Ltd at Tarapur and Chennai. By June 2001, over 50% of the net worth had been eroded, making Pennar Industries a 'sick industrial' company. In response, the company continued their efforts to increase the percentage of value-added products like cold formed metal profiles, engineering components, and road safety systems.

Share Price: ₹198.64 per share as on 27 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,652.77Cr as of today
Revenue: ₹747.61Cr as on September 2024 (Q3 24)
Net Profit: ₹26.87Cr as on September 2024 (Q3 24)
Listing date: 18 Jan, 1996
Chairperson Name: Ravi Venkata Siva Ramakrishna
OrganisationPennar Industries Ltd
HeadquartersMedak
IndustrySteel
E-voting on sharesClick here to vote

Key events for Pennar Industries Ltd

  • Pennar Industries Forms JV, Shares Surge 4% - 13 Dec, 2024

    Pennar Industries Ltd has entered a joint venture with Zetwerk to manufacture solar modules, leading to a 4% surge in share price. Despite a decline in sales, net profit increased by 19.17% in Q2 FY25, reflecting strong financial performance amidst strategic expansion into renewable energy.
  • Pennar Industries Board to Consider Business Expansion - 10 Dec, 2024

    Pennar Industries shares rose 2.28% to Rs 223.90 as the board plans to meet on December 12, 2024, to discuss a joint venture for business expansion. The company reported a 19.2% increase in consolidated net profit despite an 8.2% decline in net sales for Q2 FY25.

Insights on Pennar Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, PENIND stock has moved up by 517.2%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 39.63% to 39.66% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 740.89 Cr → 753.53 Cr (in ₹), with an average increase of 1.7% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 26.4 Cr → 26.85 Cr (in ₹), with an average increase of 1.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1171.0% return, outperforming this stock by 653.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 140.6% return, outperforming this stock by 87.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.86% to 4.81% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 55.19% to 54.05% in Sep 2024 quarter

Pennar Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹814.13Cr (-)₹744.75Cr (↓8.52%)₹822.80Cr (↑10.48%)₹733.45Cr (↓10.86%)₹747.61Cr (↑1.93%)
Net Income₹22.36Cr (-)₹25.37Cr (↑13.46%)₹28.81Cr (↑13.56%)₹26.40Cr (↓8.37%)₹26.87Cr (↑1.78%)
Net Profit Margin2.75% (-)3.41% (↑24.00%)3.50% (↑2.64%)3.60% (↑2.86%)3.59% (↓0.28%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,917.01Cr (-)₹2,095.63Cr (↑9.32%)₹2,192.78Cr (↑4.64%)₹2,497.92Cr (↑13.92%)
Total Liabilities₹1,226.12Cr (-)₹1,372.22Cr (↑11.92%)₹1,461.73Cr (↑6.52%)₹1,709.75Cr (↑16.97%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹197.67Cr (-)-₹55.47Cr (↓128.06%)₹209.49Cr (↓477.66%)₹116.64Cr (↓44.32%)₹211.96Cr (↑81.72%)

Index Inclusions

S&P BSE Indus.

₹14,941.83

-0.18 (-26.87%)

BSE Small-Cap

₹55,048.12

0.28 (154.91%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Pennar Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
39.66%
0.08
Foreign Institutions
4.81%
-1.01
Mutual Funds
0%
0.00
Retail Investors
54.05%
-2.08
Others
1.48%
362.83

Pennar Industries Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)3.680.22.955.597.29
Details20202021202220232024
Return On Equity %7.71-2.224.836.087.8
Details20202021202220232024
Return On Assets %2.840.1323.443.94
Details20202021202220232024
Book Value Per Share (₹)48.2248.9551.7157.6664.95

Pennar Industries Ltd Valuation

Pennar Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-15.00x)

December 9, 2020

Industry (24.19x)

December 26, 2024

Today (24.82x)

December 26, 2024

Highest (955.00x)

August 27, 2020

LowHigh

Pennar Industries Ltd Earnings and Dividends

  • Pennar Industries Ltd Earnings Results

    Pennar Industries Ltd’s net profit jumped 19.17% since last year same period to ₹26.85Cr in the Q2 2024-2025. On a quarterly growth basis, Pennar Industries Ltd has generated 1.7% jump in its net profits since last 3-months.

    Read More about Earnings Results

Pennar Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Pennar Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Pennar Industries Ltd

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Pennar Industries Ltd (PENIND) share price today is ₹198.64

Pennar Industries Ltd is listed on NSE

Pennar Industries Ltd is listed on BSE

  • Today’s highest price of Pennar Industries Ltd is ₹203.44.
  • Today’s lowest price of Pennar Industries Ltd is ₹195.62.

PE Ratio of Pennar Industries Ltd is 24.82

PE ratio = Pennar Industries Ltd Market price per share / Pennar Industries Ltd Earnings per share

Today’s traded volume of Pennar Industries Ltd(PENIND) is 7.91L.

Today’s market capitalisation of Pennar Industries Ltd(PENIND) is ₹2652.77Cr.

Pennar Industries Ltd(PENINDPrice
52 Week High
₹227.7
52 Week Low
₹106.4

Pennar Industries Ltd(PENIND) share price is ₹198.64. It is down -12.76% from its 52 Week High price of ₹227.7

Pennar Industries Ltd(PENIND) share price is ₹198.64. It is up 86.69% from its 52 Week Low price of ₹106.4

Pennar Industries Ltd(PENINDReturns
1 Day Returns
2.06%
1 Month Returns
-1.98%
3 Month Returns
15.09%
1 Year Returns
52.92%