NSEI:PILANIINVS

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Pilani Investment and Industries

Executive Summary

Pilani Investment and Industries Corporation Limited, a non-banking financial company, invests in group companies and mutual funds in India. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Pilani Investment and Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PILANIINVS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.6%

PILANIINVS

-0.5%

IN Capital Markets

1.3%

IN Market


1 Year Return

-18.6%

PILANIINVS

1.7%

IN Capital Markets

4.3%

IN Market

Return vs Industry: PILANIINVS underperformed the Indian Capital Markets industry which returned 1.7% over the past year.

Return vs Market: PILANIINVS underperformed the Indian Market which returned 4.3% over the past year.


Shareholder returns

PILANIINVSIndustryMarket
7 Day0.6%-0.5%1.3%
30 Day3.1%-0.4%2.0%
90 Day17.0%11.0%13.8%
1 Year-17.3%-18.6%3.3%1.7%6.3%4.3%
3 Year-44.5%-46.5%-31.0%-33.7%4.4%-0.5%
5 Yearn/a51.1%39.7%46.1%35.1%

Price Volatility Vs. Market

How volatile is Pilani Investment and Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pilani Investment and Industries undervalued compared to its fair value and its price relative to the market?

7.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PILANIINVS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PILANIINVS's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PILANIINVS is good value based on its PE Ratio (7.6x) compared to the IN Capital Markets industry average (17.6x).

PE vs Market: PILANIINVS is good value based on its PE Ratio (7.6x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PILANIINVS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PILANIINVS is good value based on its PB Ratio (0.2x) compared to the IN Capital Markets industry average (0.6x).


Next Steps

Future Growth

How is Pilani Investment and Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Pilani Investment and Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Pilani Investment and Industries performed over the past 5 years?

-17.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PILANIINVS has high quality earnings.

Growing Profit Margin: PILANIINVS's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: PILANIINVS has become profitable over the past 5 years, growing earnings by -17.2% per year.

Accelerating Growth: PILANIINVS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PILANIINVS had negative earnings growth (-20.6%) over the past year, making it difficult to compare to the Capital Markets industry average (-7.1%).


Return on Equity

High ROE: PILANIINVS's Return on Equity (3.3%) is considered low.


Next Steps

Financial Health

How is Pilani Investment and Industries's financial position?


Financial Position Analysis

Short Term Liabilities: PILANIINVS's short term assets (₹44.6B) exceed its short term liabilities (₹3.4B).

Long Term Liabilities: PILANIINVS's short term assets (₹44.6B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: PILANIINVS's debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: PILANIINVS's debt to equity ratio has increased from 0.2% to 8.2% over the past 5 years.

Debt Coverage: PILANIINVS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PILANIINVS's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Pilani Investment and Industries's current dividend yield, its reliability and sustainability?

1.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PILANIINVS's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: PILANIINVS's dividend (1.57%) is low compared to the top 25% of dividend payers in the Indian market (2.23%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, PILANIINVS has been paying a dividend for less than 10 years.

Growing Dividend: PILANIINVS has only been paying a dividend for 8 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.8%), PILANIINVS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure


CEO

Rajendra Pansari (73 yo)

3.33yrs

Tenure

₹8,620,000

Compensation

Mr. Rajendra Prasad Pansari is the Chief Executive Officer at Pilani Investment and Industries Corporation Limited. Mr. Pansari serves as the Senior President of Essel Mining & Industries Ltd. and served a ...


CEO Compensation Analysis

Compensation vs Market: Rajendra's total compensation ($USD117.21K) is below average for companies of similar size in the Indian market ($USD294.34K).

Compensation vs Earnings: Rajendra's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rajashree Birla
Non-Executive Chairperson1.42yrs₹60.00kno data
Anshuman Jalan
Non-Executive Directorno data₹220.00kno data
Devendra Mantri
Non-Executive Non-Independent Director0.83yr₹160.00k0.0013%
₹ 158.9k
Vanita Bhargava
Additional Independent Director1.17yrs₹20.00kno data
Arun Kothari
Independent Non-Executive Director4.17yrs₹200.00k0.00089%
₹ 112.2k
Giriraj Maheswari
Additional Independent Non-Executive Director1.42yrs₹200.00kno data
Yazdi Dandiwala
Additional Independent Non-Executive Director1.42yrs₹180.00kno data

1.4yrs

Average Tenure

55yo

Average Age

Experienced Board: PILANIINVS's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Pilani Investment and Industries Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pilani Investment and Industries Corporation Limited
  • Ticker: PILANIINVS
  • Exchange: NSEI
  • Founded: 1948
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: ₹12.610b
  • Shares outstanding: 7.91m
  • Website: https://www.pilaniinvestment.com

Location

  • Pilani Investment and Industries Corporation Limited
  • Birla Building
  • 11th Floor
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PILANIINVSNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2011
539883BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2011

Biography

Pilani Investment and Industries Corporation Limited, a non-banking financial company, invests in group companies and mutual funds in India. The company was founded in 1948 and is based in Kolkata, India.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 19:18
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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 here.