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PENI

Pennar IndustriesNSEI:PENIND Stock Report

Market Cap

₹3.9b

7D

-2.8%

1Y

54.2%

Updated

27 Nov, 2021

Data

Company Financials
PENIND fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

PENIND Stock Overview

Pennar Industries Limited operates as an engineering company in India and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Pennar Industries
Historical stock prices
Current Share Price₹27.45
52 Week High₹42.90
52 Week Low₹16.20
Beta0.83
1 Month Change-1.08%
3 Month Change-11.31%
1 Year Change54.21%
3 Year Change-23.64%
5 Year Change-36.82%
Change since IPO-46.28%

Recent News & Updates

Sep 23
We Think Pennar Industries Limited's (NSE:PENIND) CEO Compensation Package Needs To Be Put Under A Microscope

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...

Aug 05
Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt

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...

Shareholder Returns

PENINDIN Metals and MiningIN Market
7D-2.8%-1.1%-3.3%
1Y54.2%87.5%43.0%

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.

Price Volatility

Is PENIND's price volatile compared to industry and market?
PENIND volatility
PENIND Average Weekly Movement5.5%
Metals and Mining Industry Average Movement6.0%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

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

FoundedEmployeesCEOWebsite
19752,718Aditya Raohttps://www.pennarindia.com

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

How do Pennar Industries's earnings and revenue compare to its market cap?
PENIND fundamental statistics
Market Cap₹3.89b
Earnings (TTM)₹507.40m
Revenue (TTM)₹20.09b

7.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PENIND income statement (TTM)
Revenue₹20.09b
Cost of Revenue₹12.46b
Gross Profit₹7.63b
Expenses₹7.12b
Earnings₹507.40m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.57
Gross Margin37.99%
Net Profit Margin2.53%
Debt/Equity Ratio81.0%

How did PENIND perform over the long term?

See historical performance and comparison

Valuation

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

7.66x

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).


Future Growth

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

-10.5%

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.


Past Performance

How has Pennar Industries performed over the past 5 years?

-16.1%

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.


Financial Health

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).


Balance Sheet


Dividend

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.


Next Steps

Management

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

7.8yrs

Average management tenure


CEO

Aditya Rao (40 yo)

7.75yrs

Tenure

₹6,859,218

Compensation

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.


Leadership Team

Experienced Management: PENIND's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: PENIND's board of directors are considered experienced (6.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Pennar Industries Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Pennar Industries Limited
  • DHFLVC Silicon Towers
  • 3rd Floor
  • Hyderabad
  • 500084
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 12:06
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.