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Pennar Industries Ltd share price logo

Pennar Industries Share Price

(PENIND)

₹162.33▲4.16%

as on 04:01PM, 29 Jan 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals

Pennar Industries 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. An average target of ₹228

Source: S&P Global Market Intelligence

Pennar Industries Share analysis

Pennar Industries price forecast by 1 analysts

Upside of46.30%

High

₹228

Target

₹228.00

Low

₹228

Pennar Industries target price ₹228, a slight upside of 46.3% compared to current price of ₹162.33. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Pennar Industries Performance

  • Day's Low

    Day's High

    ₹155.99
    Day's Price Range
    ₹164.4

  • 52 Week's Low

    52 Week's High

    ₹106.4
    52-Week Price Range
    ₹227.7
1 Month Return-20.02 %
3 Month Return-13.33 %
1 Year Return+ 8 %
Previous Close₹155.84
Open₹157.00
Volume5.00L
Upper Circuit-
Lower Circuit-
Market Cap₹2,103.00Cr

Pennar Industries Key Statistics

P/E Ratio19.68
PEG Ratio14.91
Market Cap₹2,103.00 Cr
P/B Ratio2.28
EPS7.29
Dividend Yield0
SectorSteel
ROE7.8

Pennar Industries Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Pennar Industries Ltd
Pennar Industries Ltd
BUY₹2,103.00 Cr99.88%0.75₹98 Cr₹3,130 Cr
Interarch Building Products Ltd
Interarch Building Products Ltd
NA₹2,678.78 Cr6.93%0.52NANA
Kataria Industries Ltd
Kataria Industries Ltd
NA₹269.68 Cr-6.92%0.79NANA
India Steel Works Ltd
India Steel Works Ltd
NA₹169.18 Cr349.57%0.86-₹36 Cr₹4 Cr
Jai Balaji Industries Ltd
Jai Balaji Industries Ltd
BUY₹11,937.31 Cr450.68%0.63₹879 Cr₹6,413 Cr
See all

About Pennar Industries

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: ₹162.33 per share as on 29 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,103.00Cr 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
HeadquartersMedak
IndustrySteel
E-voting on sharesClick here to vote

Key events for Pennar Industries Ltd

  • Pennar Industries Forms Joint Venture for Solar Modules - 01 Jan, 2025

    Pennar Industries has entered a joint venture with Zetwerk Manufacturing to produce solar modules, holding a 45% stake. The venture aims to meet growing solar energy demand.

  • 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

    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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 54.05% to 54.34% in Dec 2024 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

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 39.66% of holdings in Dec 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 36.3% return, outperforming this stock by 28.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 1032.4% return, outperforming this stock by 737.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 4.81% to 4.40% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, PENIND stock has moved down by -20.0%

Pennar Industries 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 AllCap

₹10,471.31

0.68 (▲71.07%)

BSE Small-Cap

₹49,050.57

3.28 (▲1558.09%)

S&P BSE Indus.

₹13,311.85

2.94 (▲380.49%)

Pennar Industries Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
39.66%
0.00
Foreign Institutions
4.4%
-8.39
Mutual Funds
0%
0.00
Retail Investors
54.34%
0.55
Others
1.59%
7.27

Pennar Industries Key Indicators

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
Details20202021202220232024
Earning Per Share (₹)3.680.22.955.597.29

Pennar Industries Valuation

Pennar Industries in the last 5 years

  • Overview

  • Trends

Lowest (-15.00x)

December 9, 2020

Today (19.68x)

January 28, 2025

Industry (22.13x)

January 28, 2025

Highest (955.00x)

August 27, 2020

LowHigh

Pennar Industries 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 Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

More on Technical Analysis

FAQs on Pennar Industries Ltd

What is Pennar Industries Ltd price today?

Pennar Industries Ltd share price today stands at ₹162.33, Open: ₹157, Previous Close: ₹155.84, High: ₹164.4, Low: ₹155.99, 52 Week High: ₹227.7, 52 Week Low: ₹106.4.

How to Buy Pennar Industries Ltd Share in India?

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  • Fund your Trading account
  • Place an order to buy Pennar Industries Ltd shares

Is Pennar Industries Ltd listed on NSE?

Pennar Industries Ltd is listed on NSE

Is Pennar Industries Ltd listed on BSE?

Pennar Industries Ltd is listed on BSE

What are today's High and Low prices of Pennar Industries Ltd?

  • Today's highest price of Pennar Industries Ltd is ₹164.4.
  • Today's lowest price of Pennar Industries Ltd is ₹155.99.

What are today's traded volumes of Pennar Industries Ltd?

Today's traded volume of Pennar Industries Ltd(PENIND) is 5.00L.

What is today's market capitalisation of Pennar Industries Ltd?

Today's market capitalisation of Pennar Industries Ltd(PENIND) is ₹2103Cr.

What is the 52 Week High and Low Range of Pennar Industries Ltd?

Pennar Industries Ltd (PENIND)
Price
52 Week High
₹227.7
52 Week Low
₹106.4

How much percentage Pennar Industries Ltd is down from its 52 Week High?

Pennar Industries Ltd (PENIND) share price is ₹162.33. It is down -28.71% from its 52 Week High price of ₹227.7

How much percentage Pennar Industries Ltd is up from its 52 Week low?

Pennar Industries Ltd (PENIND) share price is ₹162.33. It is up 52.57% from its 52 Week Low price of ₹106.4

What are the historical returns of Pennar Industries Ltd?

Pennar Industries Ltd (PENIND)
Returns
1 Day Returns
6.49%
1 Month Returns
-20.02%
3 Month Returns
-13.33%
1 Year Returns
8%

What is the PE ratio of Pennar Industries Ltd today?

PE Ratio of Pennar Industries Ltd is 19.68

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