Pennar Industries Ltd Analyst Rating
based on 1 analysts
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 of12.78%
High
₹228
Target
₹228.00
Low
₹228
Pennar Industries Ltd target price ₹228, a slight upside of 12.78% compared to current price of ₹202.16. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Pennar Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:15.52%
Forecast
Actual
Including amortisation and stock based compensations
Pennar Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:61.87%
Forecast
Actual
Source: S&P Global Market Intelligence
Pennar Industries Ltd Performance
Day's Low
Day's High
₹192₹203.852 Week's Low
52 Week's High
₹106.4₹215
| Returns % | |
| 1 Month Return | + 1.83 % |
| 3 Month Return | + 5.37 % |
| 1 Year Return | + 61.15 % |
| Market Stats | |
| Previous Close | ₹197.30 |
| Open | ₹199.30 |
| Volume | 15.66L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,662.49Cr |
Pennar Industries Ltd Key Statistics
| P/E Ratio | 25.53 |
| PEG Ratio | 19.34 |
| Market Cap | ₹2,662.49 Cr |
| P/B Ratio | 2.28 |
| EPS | 7.29 |
| Dividend Yield | 0 |
| Sector | Steel |
| ROE | 7.8 |
Pennar Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,662.49 Cr | 117.76% | 0.75 | ₹98 Cr | ₹3,130 Cr | |
| NA | ₹25.84 Cr | 20.92% | -37.15 | NA | NA | |
| NA | ₹3,816.02 Cr | 207.89% | 0.80 | NA | NA | |
| BUY | ₹2,335.40 Cr | 1.99% | 0.50 | ₹41 Cr | ₹317 Cr | |
| NA | ₹570.00 Cr | 823.33% | 0.62 | NA | NA |
About Pennar Industries Ltd
Share Price: ₹202.16 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,662.49Cr 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
| Organisation | Pennar Industries Ltd |
| Headquarters | Medak |
| Industry | Steel |
| E-voting on shares | Click here to vote |
Key events for Pennar Industries Ltd
Pennar Industries Expands Manufacturing Operations - 02 Jul, 2024
Pennar Industries is expanding its manufacturing operations by establishing a new pre-engineered building (PEB) manufacturing plant in Raebareli, Uttar Pradesh. The plant will have an annual production capacity of 36,000 MT and feature advanced machinery, enabling the company to meet client demands in northern and eastern India while reducing transportation costs.
Pennar Industries Reports Strong Financial Results - 27 Jun, 2024
Pennar Industries reports an 18.64% YoY increase in net sales, with a quarterly net profit of Rs. 17.84 crore, up by 38.51% YoY. The company's EPS has increased to Rs. 1.32 in March 2024 from Rs. 0.95 in March 2023. Pennar Industries shares closed at 170.19 on June 26, 2024 (NSE) and have given returns of 43.68% over the last 6 months and 122.91% over the last 12 months.
Pennar Industries Ltd has Strong Order Book and Optimistic Future Earnings Growth - 21 Jun, 2024
Mayuresh Joshi, Head-Equity Research at William ONeil India, recommends Pennar Industries Ltd as a good investment option for investors on any pullback. The company had a brilliant FY24 in terms of revenues and bottomline, with a strong order book both domestically and internationally. Management is optimistic about future earnings growth.
Pennar Industries Shares Jump 31% in a Month - 08 Jun, 2024
Despite the recent bounce in price, Pennar Industries' P/E ratio of 23.2x makes it look like a buy compared to other Indian companies with higher P/Es. With anticipated EPS growth of 28%, superior to most other companies, Pennar Industries has been doing relatively well.
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.
POSITIVE IMPACTPromoter Holding Up
Promoters have increased holdings from 39.63% to 39.66% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 740.89 Cr → 753.53 Cr (in ₹), with an average increase of 1.7% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, PENIND stock has moved up by 10.7%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 26.4 Cr → 26.85 Cr (in ₹), with an average increase of 1.7% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 151.9% return, outperforming this stock by 90.8%
- NO EFFECT
Against Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 1051.2% return, outperforming this stock by 416.1%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 55.19% to 54.05% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 4.86% to 4.81% in Sep 2024 quarter
Pennar Industries Ltd Financials
Index Inclusions
Pennar Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 39.66% | 0.08 | |
| Foreign Institutions | 4.81% | ||
| Mutual Funds | 0% | 0.00 | |
| Retail Investors | 54.05% | ||
| Others | 1.48% | 362.83 |
Pennar Industries Ltd Key Indicators
Pennar Industries Ltd Valuation
Pennar Industries Ltd in the last 5 years
Lowest (-15.00x)
December 9, 2020
Industry (23.56x)
November 22, 2024
Today (25.53x)
November 22, 2024
Highest (955.00x)
August 27, 2020
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
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 ₹202.16
Pennar Industries Ltd is listed on NSE
Pennar Industries Ltd is listed on BSE
- Today’s highest price of Pennar Industries Ltd is ₹203.8.
- Today’s lowest price of Pennar Industries Ltd is ₹192.
PE Ratio of Pennar Industries Ltd is 25.53
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 15.66L.
Today’s market capitalisation of Pennar Industries Ltd(PENIND) is ₹2662.49Cr.
| Pennar Industries Ltd(PENIND | Price |
|---|---|
52 Week High | ₹215 |
52 Week Low | ₹106.4 |
Pennar Industries Ltd(PENIND) share price is ₹202.16. It is down -5.97% from its 52 Week High price of ₹215
Pennar Industries Ltd(PENIND) share price is ₹202.16. It is up 90.00% from its 52 Week Low price of ₹106.4
| Pennar Industries Ltd(PENIND | Returns |
|---|---|
1 Day Returns | 4.86% |
1 Month Returns | 1.83% |
3 Month Returns | 5.37% |
1 Year Returns | 61.15% |