1. Is Pennar Industries Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Pennar Industries Ltd is a below average quality company.
2. Is Pennar Industries Ltd 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 Fair zone.
3. Is Pennar Industries Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Pennar Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||10.6%||5.9%||8.6%||9%||10.3%||16.8%||11.6%||9.9%||3.8%||6.8%||-|
|Value Creation Index ⓘ||-0.2||-0.6||-0.4||-0.4||-0.3||0.2||-0.2||-0.3||-0.7||-0.5||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||-7.8%||5.8%||5.1%||9.4%||77.2%||20.9%||-0.9%||-27.7%||31.5%||-|
|Adj EPS ⓘ||2.6||1.1||1.8||2.3||2.4||5.1||4.4||3.6||-0.7||2.5||2.6|
|YoY Gr. Rt. %||-||-58.8%||69.5%||26.4%||5.3%||116.9%||-15.2%||-17.2%||-120.2%||NA||-|
|BVPS (₹) ⓘ||23||24||25.7||27.9||29.2||39.7||43.7||48||48.6||50.9||54|
|Adj Net Profit ⓘ||31.1||12.6||21.4||27.1||28.5||78.3||66.4||52.4||-10.3||35.4||36|
|Cash Flow from Ops. ⓘ||53.9||68.3||21.7||101||87.2||1.1||171||198||-55.5||209||-|
|Debt/CF from Ops. ⓘ||2||1.7||7||1.9||1.6||328.1||2.6||2.3||-10.5||2.8||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-0.3%||1%||-17%||NA|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||10||4||6.6||7.8||8.1||16.4||10.5||7.7||-1.5||5||5|
|Op. Profit Mgn % ⓘ||9.2||6.5||8.1||8.7||8.8||10.6||8.2||8||6.3||7.7||7.2|
|Net Profit Mgn % ⓘ||3.5||1.6||2.5||3||2.9||4.5||3.1||2.5||-0.7||1.8||1.7|
|Debt to Equity ⓘ||0.4||0.4||0.5||0.6||0.4||0.6||0.7||0.6||0.8||0.8||-|
|Working Cap Days ⓘ||115||155||182||177||164||156||181||187||269||225||0|
|Cash Conv. Cycle ⓘ||80||82||81||73||44||70||103||99||144||124||0|
Return on Equity has increased versus last 3 years average to 5.00%
Debt to equity has declined versus last 3 years average to 0.81
Sales growth is good in last 4 quarters at 16.19%
Sales growth has been subdued in last 3 years -1.95%
Net Profit has been subdued in last 3 years -17.03%
|TTM EPS (₹)||2.6||3.7|
|TTM Sales (₹ Cr.)||2,094||2,477|
|BVPS (₹.) ⓘ||54||55.2|
|Reserves (₹ Cr.) ⓘ||661||678|
|From the Market|
|52 Week Low / High (₹)||25.70 / 50.10|
|All Time Low / High (₹)||0.32 / 80.00|
|Market Cap (₹ Cr.)||611|
|Equity (₹ Cr.)||67.5|
|Face Value (₹)||5|
|Industry PE ⓘ||7|
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:
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.