PENIND Stock Overview
Pennar Industries Limited operates as an engineering company in India and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹27.45|
|52 Week High||₹42.90|
|52 Week Low||₹16.20|
|1 Month Change||-1.08%|
|3 Month Change||-11.31%|
|1 Year Change||54.21%|
|3 Year Change||-23.64%|
|5 Year Change||-36.82%|
|Change since IPO||-46.28%|
Recent News & Updates
We Think Pennar Industries Limited's (NSE:PENIND) CEO Compensation Package Needs To Be Put Under A Microscope
Shareholders will probably not be too impressed with the underwhelming results at Pennar Industries Limited...
Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|PENIND||IN Metals and Mining||IN Market|
Return vs Industry: PENIND underperformed the Indian Metals and Mining industry which returned 98.4% over the past year.
Return vs Market: PENIND exceeded the Indian Market which returned 47.7% over the past year.
|PENIND Average Weekly Movement||5.5%|
|Metals and Mining Industry Average Movement||6.0%|
|Market Average Movement||6.0%|
|10% most volatile stocks in IN Market||9.0%|
|10% least volatile stocks in IN Market||3.8%|
Stable Share Price: PENIND is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PENIND's weekly volatility (6%) has been stable over the past year.
About the Company
Pennar Industries Limited operates as an engineering company in India and internationally. The company offers cold rolled steel strips; electrostatic precipitator electrodes; building components, such as purlins, roofing/cladding sheets, and decking profiles; metal crash barriers for flyovers, bridges, national highways, and other projects; sheet piles for infrastructure projects; and sheet metal products for the automobile industry. It also provides solar module mounting structures to support the solar PV panels; railway wagons, and passenger and metro coaches; and storage solutions, including racking, shelving, and special solutions, as well as storage accessories.
Pennar Industries Fundamentals Summary
|PENIND fundamental statistics|
Is PENIND overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PENIND income statement (TTM)|
|Cost of Revenue||₹12.46b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.57|
|Net Profit Margin||2.53%|
How did PENIND perform over the long term?See historical performance and comparison
Is Pennar Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PENIND's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PENIND's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PENIND is good value based on its PE Ratio (7.7x) compared to the Indian Metals and Mining industry average (11.2x).
PE vs Market: PENIND is good value based on its PE Ratio (7.7x) compared to the Indian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PENIND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PENIND is good value based on its PB Ratio (0.5x) compared to the IN Metals and Mining industry average (1.5x).
How is Pennar Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Pennar 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.
How has Pennar Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PENIND has a large one-off gain of ₹227.4M impacting its September 30 2021 financial results.
Growing Profit Margin: PENIND became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PENIND's earnings have declined by 16.1% per year over the past 5 years.
Accelerating Growth: PENIND has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PENIND has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (154%).
Return on Equity
High ROE: PENIND's Return on Equity (7.1%) is considered low.
How is Pennar Industries's financial position?
Financial Position Analysis
Short Term Liabilities: PENIND's short term assets (₹11.9B) exceed its short term liabilities (₹10.6B).
Long Term Liabilities: PENIND's short term assets (₹11.9B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: PENIND's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: PENIND's debt to equity ratio has increased from 47.1% to 81% over the past 5 years.
Debt Coverage: PENIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PENIND's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is Pennar Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PENIND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PENIND's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PENIND's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PENIND's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PENIND is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PENIND's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Aditya Rao (40 yo)
Mr. Aditya Narsing Rao, B.S., M. Eng., has been Managing Director of Pennar Industries Limited since February 2014 and serves as its Vice Chairman. He has worked on new product development and the developm...
CEO Compensation Analysis
Compensation vs Market: Aditya's total compensation ($USD92.07K) is above average for companies of similar size in the Indian market ($USD39.44K).
Compensation vs Earnings: Aditya's compensation has been consistent with company performance over the past year.
Experienced Management: PENIND's management team is seasoned and experienced (7.8 years average tenure).
Experienced Board: PENIND's board of directors are considered experienced (6.6 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pennar Industries Limited's employee growth, exchange listings and data sources
- Name: Pennar Industries Limited
- Ticker: PENIND
- Exchange: NSEI
- Founded: 1975
- Industry: Steel
- Sector: Materials
- Market Cap: ₹3.888b
- Shares outstanding: 142.16m
- Website: https://www.pennarindia.com
Number of Employees
- Pennar Industries Limited
- DHFLVC Silicon Towers
- 3rd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/27 12:06|
|End of Day Share Price||2021/11/26 00:00|
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.