Is Pennar Industries Ltd (PENIND) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Pennar Industries Ltd is a average quality company .

Is Pennar Industries Ltd (PENIND) undervalued or overvalued?

The key valuation ratios of Pennar Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Pennar Industries Ltd (PENIND) share price return in the past 10 years?

Pennar Industries Ltd share price has appreciated 13% annually (CAGR) over the past ten years.

Is Pennar Industries Ltd (PENIND) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Pennar Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Pennar Industries Ltd (PENIND)?

Company share prices are keep on changing according to the market conditions. The current trading price of Pennar Industries Ltd (PENIND) on 20-Apr-2026 16:59:59 at 16:59 is 169.85.

What is the market cap of Pennar Industries Ltd (PENIND)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Apr-2026 at 16:59, the market cap of Pennar Industries stood at Rs. 2292.06 Cr.

What is the P/E ratio of Pennar Industries?

The latest standalone P/E ratio of Pennar Industries as of 20-Apr-2026 is 22.81.

What is the P/B ratio of Pennar Industries Ltd (PENIND)?

The latest standalone P/B ratio of Pennar Industries Ltd (PENIND) as of 20-Apr-2026 is 2.41.

What is the 52-week high and low of Pennar Industries Ltd (PENIND)?

The 52-week high of Pennar Industries Ltd (PENIND) is Rs. 279.80 and the 52-week low is Rs. 128.90.

What is the TTM revenue of Pennar Industries Ltd (PENIND)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pennar Industries is Rs. 2797.36 (Cr.).

Pennar Industries Ltd (PENIND) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Pennar Industries Ltd (PENIND)
Brand: Pennar Industries

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	14%	15.9%	27.8%	16.4%	12.9%	6.7%	9.3%	11.2%	13.5%	15%	-
Value Creation Index ⓘ	0	0.1	1.0	0.2	-0.1	-0.5	-0.3	-0.2	0.0	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	903	988	1,750	2,116	2,098	1,517	1,995	2,288	2,458	2,578	2,797
Sales YoY Gr.	-	9.4%	77.2%	20.9%	-0.9%	-27.7%	31.5%	14.7%	7.4%	4.9%	-
Adj EPS ⓘ	2.3	2.4	5	4.2	3.6	-0.7	2.5	2.5	4.2	6.5	7.5
YoY Gr.	-	5.3%	112.7%	-16.7%	-14.1%	-120.2%	NA	0%	69.1%	54.6%	-
BVPS (₹) ⓘ	27.9	29.2	39.7	43.7	48	48.6	50.9	54.2	58.4	65	70.4
Adj Net Profit ⓘ	27.1	28.5	76.8	63.9	52.4	-10.3	35.4	33.6	56.9	87.9	101
Cash Flow from Ops. ⓘ	101	87.2	1.1	171	198	-55.5	209	117	212	169	-
Debt/CF from Ops. ⓘ	1.9	1.6	330.5	2.6	2.3	-10.5	2.8	5.3	3.5	4.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.4%	4.2%	8.9%	4.9%
Adj EPS ⓘ	12.5%	12.5%	37.8%	54.6%
BVPSⓘ	9.9%	6.3%	8.5%	11.3%
Share Price	13%	59.1%	28.5%	-11.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	7.8	8.1	16.1	10.1	7.7	-1.5	5	4.6	7.5	10.6	11
Op. Profit Mgn % ⓘ	8.7	8.8	10.6	8.2	8	6.3	7.7	7.3	8.6	10.3	10
Net Profit Mgn % ⓘ	3	2.9	4.4	3	2.5	-0.7	1.8	1.5	2.3	3.4	3.6
Debt to Equity ⓘ	0.6	0.4	0.6	0.7	0.6	0.8	0.8	0.9	0.9	0.9	-
Working Cap Days ⓘ	177	164	168	181	187	269	225	216	215	225	112
Cash Conv. Cycle ⓘ	73	44	82	103	99	144	124	117	116	126	8

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.00%

Net Profit is growing at healthy rate in last 3 years 37.76%

Debt to equity has declined versus last 3 years average to 0.88

Sales growth is good in last 4 quarters at 11.26%

Sales growth has been subdued in last 3 years 8.93%

	Standalone	Consolidated
TTM EPS (₹)	7.5	9.9
TTM Sales (₹ Cr.)	2,797	3,601
BVPS (₹) ⓘ	70.4	81.8
Reserves (₹ Cr.) ⓘ	883	1,036
P/BV ⓘ	2.41	2.08
PE ⓘ	22.81	17.19

From the Market
52 Week Low / High (₹)	128.90 / 279.80
All Time Low / High (₹)	0.32 / 279.80
Market Cap (₹ Cr.)	2,292
Equity (₹ Cr.)	67.5
Face Value (₹)	5
Industry PE ⓘ	26.9

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	903	988	1,750	2,116	2,098	1,517	1,995	2,288	2,458	2,578
Operating Expenses ⓘ +	824	900	1,564	1,946	1,930	1,426	1,842	2,121	2,246	2,313
Manufacturing Costs	95	116	249	351	336	265	293	331	388	426
Material Costs	609	679	1,084	1,288	1,256	918	1,232	1,476	1,536	1,550
Employee Cost	51	62	122	149	157	131	150	154	158	177
Other Costs ⓘ	70	44	110	157	181	112	167	160	164	160
Operating Profit ⓘ	79	87	185	170	168	90	152	168	212	265
Operating Profit Margin (%)	8.7%	8.8%	10.6%	8.1%	8.0%	6.0%	7.6%	7.3%	8.6%	10.3%
Other Income ⓘ +	2	5	17	26	20	18	19	37	38	29
Exceptional Items ⓘ	0	0	21	0	0	20	0	0	0	0
Interest ⓘ	28	35	62	75	83	79	75	89	114	117
Depreciation ⓘ	11	12	23	28	43	48	50	56	56	56
Profit Before Tax ⓘ	42	45	139	94	62	1	46	60	80	121
Tax ⓘ	15	17	46	29	9	0	11	15	21	30
Profit After Tax	27	29	93	64	53	1	34	44	59	92
PAT Margin (%)	3.0%	2.9%	5.3%	3.0%	2.5%	0.1%	1.7%	1.9%	2.4%	3.6%
Adjusted EPS (₹)	2.3	2.4	6.1	4.2	3.6	0.1	2.4	3.3	4.4	6.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	356	352	604	665	697	691	723	731	788	877
Share Capital ⓘ	60	60	76	76	73	71	71	67	67	67
Reserves ⓘ	296	292	528	589	624	620	652	664	721	810
Debt +	182	134	336	413	398	531	541	558	673	716
Long Term Debt	86	69	101	100	102	113	99	98	134	205
Short Term Debt	97	65	235	313	296	418	442	460	539	511
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	199	272	372	448	477	446	515	558	738	833
Others Liabilities ⓘ	65	178	200	212	272	218	276	302	252	295
Total Liabilities ⓘ	802	936	1,513	1,738	1,844	1,886	2,055	2,149	2,451	2,722
Fixed Assets
Net Fixed Assets ⓘ +	217	197	342	453	621	599	568	631	607	805
Gross Block	435	381	546	677	887	904	922	1,040	1,059	1,297
Accumulated Depreciation	219	184	204	224	266	305	354	409	453	492
CWIP ⓘ	0	8	27	118	33	53	76	10	181	36
Investments ⓘ	72	63	72	55	57	30	54	36	99	97
Inventories	165	189	431	436	438	468	577	737	794	908
Trade Receivables	231	227	403	461	392	447	424	363	447	527
Cash Equivalents	56	48	49	36	56	42	65	53	58	65
Others Assets ⓘ	60	204	188	178	246	247	291	319	266	285
Total Assets ⓘ	802	936	1,513	1,738	1,844	1,886	2,055	2,149	2,451	2,722

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	101	87	1	171	198	-55	209	117	212	169
PBT ⓘ	42	45	139	94	62	1	46	60	80	121
Adjustment ⓘ	39	44	50	109	162	133	140	148	154	153
Changes in Working Capital ⓘ	28	10	-161	4	-8	-188	34	-77	-1	-73
Tax Paid ⓘ	-8	-12	-28	-36	-18	-2	-10	-13	-20	-32
Cash Flow From Investing Activity ⓘ +	-63	-18	-112	-204	-79	-4	-134	-4	-215	-66
Capex	-14	-30	-118	-225	-90	-45	-21	-36	-216	-107
Net Investments	0	9	6	21	0	28	-27	19	7	11
Others ⓘ	-50	2	-0	1	11	13	-86	13	-7	30
Cash Flow From Financing Activity ⓘ +	11	-78	86	14	-96	44	-79	-106	-14	-92
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	39	-15	35	12	23	11	-21	13	34	75
Interest Paid ⓘ	-28	-31	-59	-75	-78	-75	-70	-89	-113	-116
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-0	-32	109	77	-40	109	11	-29	65	-51
Net Cash Flow ⓘ	48	-9	-25	-19	22	-16	-4	7	-18	11

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	8.38	8.3	19.47	10.09	7.71	0.13	4.83	6.08	7.8	11.02
ROCE (%)	14.03	15.86	27.82	16.35	12.91	6.65	9.34	11.2	13.5	15.02
Asset Turnover Ratio	1.27	1.23	1.45	1.3	1.17	0.81	1.01	1.09	1.08	1.01
PAT to CFO Conversion(x)	3.74	3	0.01	2.67	3.74	-55	6.15	2.66	3.59	1.84
Working Capital Days
Receivable Days	85	78	65	75	74	101	80	63	60	68
Inventory Days	55	60	64	75	76	109	96	105	113	119
Payable Days	90	100	64	66	75	101	76	70	81	93

About Pennar Industries Ltd

Pennar Industries, commenced manufacture of cold rolled Steel Strips in 1988 at Isnapur (45 km from Hyderabad) with an installed capacity of 30,000 MTPA. The company achieved profits right from the first year of its operation followed by declaration of dividend from the second year. The company increased its manufacturing capacity to 50,000 MTPA in the year 1997.

Propelled by liberalization and globalization of the Indian economy, Pennar acquired Nagarjuna Steel Ltd., Patancheru (32 KM from Hyderabad) and Press Metal, a unit of Tube Investment(TI), at Tarapur near Mumbai.

Pennarâ€™s fourth manufacturing facility is located at Chennai and manufactures profiles and components for the auto sector. The facility also services a steel service center.

Pennar is now a multi-location, multi-product company manufacturing cold rolled steel strips & tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components, and road safety systems.

Products manufactured by the company include:

Cold Rolled Formed Profiles -Products are used in Commercial & Passenger Vehicles, Railway Coaches & Wagons, Industrial Buildings, Pollution Control Equipments and Door & Window Frames for Housing.
Pre-Engineered Building Systems-The system consists of elegant lattice-type portals made of cold formed profiles or portals of plate girder construction. Roofing and -cladding are made of galvanized/galvalume colour-coated steel sheet profiles as per customerâ€™s specifications.
Engineered Components Division(Ecd)-Engineered Components Division Supplies various pressed steel components for the following sectors: -Refrigeration / White Goods (Compressor Shells) -Automobiles (Seating Systems, Rotor Cups)
Electro Static Precipitators (Esp)-The components include Collecting Electrodes & Discharge Electrodes.
Metal Crash Barrier-Pennar Industries Limited is the pioneer in the field of Road safety systems(Metal crash barriers) in India which were initially manufactured under licence from Voest Alpine Industrial Services (VAIS) Austria.
Cold Rolled Steel Strips(Crss)-The Cold Rolled Steel Strips Division, with facilities at Patancheru & Isnapur, has a combined annual capacity of 120,000 Metric Tons. Pennar manufactures steel strips up to 720 mm width and thickness range of 0.25 - 4.5 mm both in coil and sheet form.
ERW TUBES

Clientele

Major customers of the company include: TVS Motors, Electrolux, Honda Siel, Tata Motors, Eicher Motors, Alstom Power, LLOYDS, N.R Steels, L&T -ECC Division and many more.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Pennar Industries Ltd (PENIND) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Pennar Industries Share Price