Piramal Enterprises Future Growth

Future criteria checks 3/6

Piramal Enterprises's revenue is forecast to decline at 2.9% per annum while its annual earnings are expected to grow at 111.8% per year. EPS is expected to grow by 116.1% per annum. Return on equity is forecast to be 6.6% in 3 years.

Key information

111.8%

Earnings growth rate

116.1%

EPS growth rate

Diversified Financial earnings growth	19.6%
Revenue growth rate	-2.9%
Future return on equity	6.6%
Analyst coverage	Low
Last updated	07 Apr 2024

Recent future growth updates

Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Aug 09

Recent updates

Why Investors Shouldn't Be Surprised By Piramal Enterprises Limited's (NSE:PEL) Low P/E

Jan 24

Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Aug 09

This Insider Has Just Sold Shares In Piramal Enterprises Limited (NSE:PEL)

Mar 12

Should You Buy Piramal Enterprises Limited (NSE:PEL) For Its 0.7% Dividend?

Mar 07

Piramal Enterprises (NSE:PEL) Shareholders Have Enjoyed A 61% Share Price Gain

Feb 09

Are Insiders Selling Piramal Enterprises Limited (NSE:PEL) Stock?

Jan 14

Here's What Piramal Enterprises Limited's (NSE:PEL) Shareholder Ownership Structure Looks Like

Dec 18

Investors In Piramal Enterprises Limited (NSE:PEL) Should Consider This, First

Nov 22

Earnings and Revenue Growth Forecasts

NSEI:PEL - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	73,230	18,707	N/A	N/A	5
3/31/2025	60,092	14,451	N/A	N/A	5
3/31/2024	44,518	-5,916	N/A	N/A	4
12/31/2023	92,831	-20,165	N/A	N/A	N/A
9/30/2023	90,223	39,065	12,876	14,982	N/A
6/30/2023	71,171	23,219	N/A	N/A	N/A
3/31/2023	50,958	99,686	11,623	13,593	N/A
12/31/2022	78,097	104,148	N/A	N/A	N/A
9/30/2022	84,980	75,919	65,097	74,681	N/A
6/30/2022	98,197	18,798	N/A	N/A	N/A
3/31/2022	28,264	15,866	74,834	84,430	N/A
12/31/2021	99,622	12,424	N/A	N/A	N/A
9/30/2021	94,233	11,670	46,336	52,288	N/A
6/30/2021	92,474	13,762	N/A	N/A	N/A
3/31/2021	90,190	13,323	30,694	36,645	N/A
12/31/2020	65,880	-4,568	N/A	N/A	N/A
9/30/2020	66,359	-5,647	22,264	26,971	N/A
6/30/2020	63,447	-5,842	N/A	N/A	N/A
3/31/2020	64,636	-5,504	70,457	75,163	N/A
12/31/2019	94,735	21,873	N/A	N/A	N/A
9/30/2019	93,896	20,664	17,815	24,734	N/A
6/30/2019	93,783	19,929	N/A	N/A	N/A
3/31/2019	78,738	16,926	-123,031	-116,112	N/A
12/31/2018	88,942	49,602	N/A	N/A	N/A
9/30/2018	86,436	48,471	N/A	N/A	N/A
6/30/2018	83,613	47,499	N/A	N/A	N/A
3/31/2018	79,487	51,215	-167,854	-159,666	N/A
12/31/2017	75,922	14,885	N/A	N/A	N/A
9/30/2017	72,986	14,017	N/A	N/A	N/A
6/30/2017	69,804	13,240	N/A	N/A	N/A
3/31/2017	67,326	12,523	N/A	-100,566	N/A
12/31/2016	64,052	11,803	N/A	N/A	N/A
9/30/2016	61,834	10,831	N/A	N/A	N/A
6/30/2016	59,555	10,121	N/A	N/A	N/A
3/31/2016	55,770	9,047	N/A	-69,562	N/A
12/31/2015	56,250	8,658	N/A	N/A	N/A
9/30/2015	53,157	7,931	N/A	N/A	N/A
6/30/2015	50,866	1,564	N/A	N/A	N/A
3/31/2015	48,170	28,500	N/A	-22,068	N/A
12/31/2014	45,602	24,432	N/A	N/A	N/A
9/30/2014	43,178	21,830	N/A	N/A	N/A
6/30/2014	41,294	25,416	N/A	N/A	N/A
3/31/2014	37,279	-5,014	N/A	-16,044	N/A
12/31/2013	34,237	-3,905	N/A	N/A	N/A
9/30/2013	33,807	-3,183	N/A	N/A	N/A
6/30/2013	32,000	-3,780	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.7%).

Earnings vs Market: PEL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PEL is expected to become profitable in the next 3 years.

Revenue vs Market: PEL's revenue is expected to decline over the next 3 years (-2.9% per year).

High Growth Revenue: PEL's revenue is forecast to decline over the next 3 years (-2.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PEL's Return on Equity is forecast to be low in 3 years time (6.6%).

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Piramal Enterprises Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 7.1% to ₹989

Price target decreased to ₹1,188

Price target decreased to ₹1,612

Price target decreased to ₹2,125

Price target decreased to ₹2,734

Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Recent updates

Price target decreased by 7.1% to ₹989

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Piramal Enterprises to Exit Shriram Investment Holdings

Why Investors Shouldn't Be Surprised By Piramal Enterprises Limited's (NSE:PEL) Low P/E

Piramal Enterprises Limited to Report Q3, 2024 Results on Jan 29, 2024

New minor risk - Profit margin trend

Second quarter 2024 earnings released: EPS: ₹2.03 (vs ₹64.37 loss in 2Q 2023)

Piramal Enterprises Limited Announces Executive Changes

Does Piramal Enterprises (NSE:PEL) Deserve A Spot On Your Watchlist?

First quarter 2024 earnings released: EPS: ₹21.32 (vs ₹20.79 in 1Q 2023)

Piramal Enterprises Limited (BSE:500302) announces an Equity Buyback for 14,000,000 shares, representing 5.87% for INR 17,500 million.

Piramal Enterprises Limited to Report Q1, 2024 Results on Jul 28, 2023

Piramal Enterprises Limited Approves Final Dividend for the Financial Year Ended March 31, 2023

Piramal Enterprises Reportedly to Sell Its Entire 8.34% Stake in Shriram Finance Via Block Deal

Investor sentiment improves as stock rises 19%

Phoenix ARC, Ares SSG Bid for Piramal Group's INR 26,000 Million Bad Loans

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ₹31.00 per share at 4.0% yield

Piramal Enterprises Limited, Annual General Meeting, Jun 30, 2023

Full year 2023 earnings released: EPS: ₹418 (vs ₹80.70 in FY 2022)

Piramal Enterprises Limited Recommends Final Dividend for the Financial Year Ended 31St March, 2023

Third quarter 2023 earnings released: EPS: ₹149 (vs ₹35.83 in 3Q 2022)

Piramal Enterprises Limited to Report Q3, 2023 Results on Feb 08, 2023

Cosmea-Piramal Consortium Pulls Out of Reliance Capital's Bidding

Lenders of Reliance Capital Reportedly to Hold an E-Auction Later in December 2022

Shriram Transport Finance Company Limited (BSE:511218) completed the acquisition of Shriram City Union Finance Limited (BSE:532498) from Shriram Capital Limited, Piramal Enterprises Limited (BSE:500302), Dynasty Acquisition (FPI) Ltd. and others.

Rcap Bidders Seek Extension to November 28 Deadline

Price target decreased to ₹1,188

Second quarter 2023 earnings released: ₹64.37 loss per share (vs ₹17.56 profit in 2Q 2022)

Piramal Enterprises Limited Announces Resignation of N. Vaghul, Independent Director

Piramal Enterprises Limited to Report Q2, 2023 Results on Nov 09, 2022

Piramal, Zurich Insurance Mull Joint Bid for Reliance General Insurance

Price target decreased to ₹1,612

RCap Bidders Reportedly Want Deadline Extended Further

Price target decreased to ₹2,125

Investor sentiment deteriorated over the past week

Piramal, Oaktree, IndusInd, Cosmea Financials, Yes Bank May Bid for RCap

Piramal Enterprises Limited Announces Change in Designation of Ms. Nandini Piramal from Whole-Time Director to Non-Executive Director

RCap Bidders Reportedly Seek Further Extension of Deadline

Piramal Enterprises Limited Announces Resignation of Mr. Khushru Jijina as Executive Director

Piramal Enterprises Limited to Report Q1, 2023 Results on Jul 29, 2022

Piramal Group, IndusInd, Oaktree and Cosmea Reportedly Mull Bid for Reliance Capital

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₹33.00 per share

Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00

Piramal Enterprises (NSE:PEL) Will Pay A Dividend Of ₹33.00

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to ₹2,734

Piramal Enterprises Limited, Annual General Meeting, Jul 29, 2022

Piramal Enterprises Limited to Report Fiscal Year 2022 Results on May 26, 2022

Piramal Enterprises Limited Announces Resignation of Gautam Banerjee as Independent Director

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Piramal Enterprises Limited Appoints Anita Marangoly George as an Additional Director

Piramal Enterprises Limited to Report Q3, 2022 Results on Feb 10, 2022

Insider recently bought ₹10m worth of stock

Second quarter 2022 earnings released: EPS ₹17.56 (vs ₹26.50 in 2Q 2021)

Insider recently sold ₹9.9m worth of stock

President & CFO recently sold ₹20m worth of stock

Insider recently sold ₹1.7m worth of stock

Piramal Enterprises Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

First quarter 2022 earnings released: EPS ₹22.74 (vs ₹20.90 in 1Q 2021)

Price target increased to ₹2,787

Non-Executive Independent Director Deepak Satwalekar has left the company

Upcoming dividend of ₹33.00 per share

Full year 2021 earnings released: EPS ₹56.19 (vs ₹26.11 loss in FY 2020)

Insider recently sold ₹2.3m worth of stock

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS ₹56.19 (vs ₹26.11 loss in FY 2020)

Piramal Enterprises Limited Recommends Dividend for the Year Ended March 31, 2021