Power & Instrumental (Gujarat) Balance Sheet Health
Financial Health criteria checks 5/6
Power & Instrumental (Gujarat) has a total shareholder equity of ₹1.4B and total debt of ₹298.1M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are ₹2.3B and ₹866.4M respectively. Power & Instrumental (Gujarat)'s EBIT is ₹191.6M making its interest coverage ratio 12.8. It has cash and short-term investments of ₹11.7M.
Key information
20.99%
Debt to equity ratio
₹298.15m
Debt
| Interest coverage ratio | 12.8x |
| Cash | ₹11.66m |
| Equity | ₹1.42b |
| Total liabilities | ₹866.35m |
| Total assets | ₹2.29b |
Recent financial health updates
Power & Instrumental (Gujarat) (NSE:PIGL) Seems To Use Debt Quite Sensibly
Mar 10
Here's Why Power & Instrumental (Gujarat) (NSE:PIGL) Can Manage Its Debt Responsibly
Jul 23Is Power & Instrumental (Gujarat) (NSE:PIGL) Using Too Much Debt?
Mar 18Power & Instrumental (Gujarat) (NSE:PIGL) Takes On Some Risk With Its Use Of Debt
Dec 12Is Power and Instrumentation (Guj) (NSE:PIGL) Using Too Much Debt?
Aug 02Power and Instrumentation (Guj) (NSE:PIGL) Seems To Use Debt Quite Sensibly
Mar 09Recent updates
With EPS Growth And More, Power & Instrumental (Gujarat) (NSE:PIGL) Makes An Interesting Case
Nov 25Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Business And Shares Still Trailing The Market
Oct 29Power & Instrumental (Gujarat) (NSE:PIGL) Has Affirmed Its Dividend Of ₹0.20
Sep 19Power & Instrumental (Gujarat) (NSE:PIGL) Is Due To Pay A Dividend Of ₹0.20
Sep 05Not Many Are Piling Into Power & Instrumental (Gujarat) Limited (NSE:PIGL) Stock Yet As It Plummets 29%
Jul 04Power & Instrumental (Gujarat) (NSE:PIGL) May Have Issues Allocating Its Capital
Jul 03Here's Why We Think Power & Instrumental (Gujarat) (NSE:PIGL) Might Deserve Your Attention Today
Apr 26Little Excitement Around Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Earnings As Shares Take 45% Pounding
Mar 20Power & Instrumental (Gujarat) (NSE:PIGL) Seems To Use Debt Quite Sensibly
Mar 10Investors Appear Satisfied With Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Prospects As Shares Rocket 26%
Jan 11There May Be Underlying Issues With The Quality Of Power & Instrumental (Gujarat)'s (NSE:PIGL) Earnings
Nov 18Optimistic Investors Push Power & Instrumental (Gujarat) Limited (NSE:PIGL) Shares Up 31% But Growth Is Lacking
Oct 10Power & Instrumental (Gujarat) Limited's (NSE:PIGL) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 24Power & Instrumental (Gujarat) (NSE:PIGL) Will Pay A Dividend Of ₹0.20
Sep 12Power & Instrumental (Gujarat) Limited (NSE:PIGL) Held Back By Insufficient Growth Even After Shares Climb 58%
Aug 06Here's Why Power & Instrumental (Gujarat) (NSE:PIGL) Can Manage Its Debt Responsibly
Jul 23Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Price Is Right But Growth Is Lacking
Apr 24Is Power & Instrumental (Gujarat) (NSE:PIGL) Using Too Much Debt?
Mar 18Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Price Is Right But Growth Is Lacking After Shares Rocket 46%
Jan 22Power & Instrumental (Gujarat) (NSE:PIGL) Takes On Some Risk With Its Use Of Debt
Dec 12Is Power and Instrumentation (Guj) (NSE:PIGL) Using Too Much Debt?
Aug 02Power and Instrumentation (Guj) (NSE:PIGL) Seems To Use Debt Quite Sensibly
Mar 09Is Now The Time To Put Power & Instrumentation (Gujarat) (NSE:PIGL) On Your Watchlist?
Aug 26These 4 Measures Indicate That Power & Instrumentation (Gujarat) (NSE:PIGL) Is Using Debt Extensively
Jun 21Power & Instrumentation (Gujarat) (NSE:PIGL) Takes On Some Risk With Its Use Of Debt
Mar 15Financial Position Analysis
Short Term Liabilities: PIGL's short term assets (₹1.4B) exceed its short term liabilities (₹753.2M).
Long Term Liabilities: PIGL's short term assets (₹1.4B) exceed its long term liabilities (₹113.2M).
Debt to Equity History and Analysis
Debt Level: PIGL's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: PIGL's debt to equity ratio has reduced from 51.1% to 21% over the past 5 years.
Debt Coverage: PIGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PIGL's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/05 15:05 |
| End of Day Share Price | 2025/12/05 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Power & Instrumental (Gujarat) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.