Pennar Industries Future Growth

Future criteria checks 4/6

Pennar Industries is forecast to grow earnings and revenue by 24.2% and 13.2% per annum respectively. EPS is expected to grow by 24.2% per annum. Return on equity is forecast to be 14.2% in 3 years.

Key information

24.2%

Earnings growth rate

24.2%

EPS growth rate

Metals and Mining earnings growth	35.2%
Revenue growth rate	13.2%
Future return on equity	14.2%
Analyst coverage	Low
Last updated	13 Feb 2024

Recent future growth updates

Recent updates

Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?

Mar 12

With EPS Growth And More, Pennar Industries (NSE:PENIND) Makes An Interesting Case

Dec 28

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

Sep 23

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

Aug 05

Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)

May 13

This Insider Has Just Sold Shares In Pennar Industries Limited (NSE:PENIND)

Mar 21

Need To Know: Pennar Industries Limited (NSE:PENIND) Insiders Have Been Selling Shares

Jan 28

Here's What We Learned About The CEO Pay At Pennar Industries Limited (NSE:PENIND)

Dec 24

Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?

Nov 19

Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)

Oct 15

How Much Are Pennar Industries Limited (NSE:PENIND) Insiders Spending On Buying Shares?

Sep 11

Should You Use Pennar Industries's (NSE:PENIND) Statutory Earnings To Analyse It?

Aug 06

Earnings and Revenue Growth Forecasts

NSEI:PENIND - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	39,911	1,563	2,199	N/A	1
3/31/2025	34,978	1,299	1,768	N/A	1
3/31/2024	30,951	975	574	N/A	1
12/31/2023	29,762	931	N/A	N/A	N/A
9/30/2023	29,237	890	1,801	2,889	N/A
6/30/2023	29,435	832	N/A	N/A	N/A
3/31/2023	28,946	754	1,728	2,441	N/A
12/31/2022	29,190	686	N/A	N/A	N/A
9/30/2022	27,597	580	1,171	1,407	N/A
6/30/2022	24,774	495	N/A	N/A	N/A
3/31/2022	22,658	418	1,375	1,949	N/A
12/31/2021	21,298	588	N/A	N/A	N/A
9/30/2021	20,087	507	-1,103	-133	N/A
6/30/2021	18,475	431	N/A	N/A	N/A
3/31/2021	15,254	25	-960	-428	N/A
12/31/2020	14,200	-300	N/A	N/A	N/A
9/30/2020	15,454	-206	1,090	1,568	N/A
6/30/2020	17,349	24	N/A	N/A	N/A
3/31/2020	21,066	531	993	1,910	N/A
12/31/2019	22,402	763	N/A	N/A	N/A
9/30/2019	22,705	794	113	2,391	N/A
6/30/2019	22,087	698	N/A	N/A	N/A
3/31/2019	21,331	664	-542	1,736	N/A
12/31/2018	20,511	750	N/A	N/A	N/A
9/30/2018	18,984	745	N/A	N/A	N/A
6/30/2018	18,027	728	N/A	N/A	N/A
3/31/2018	17,681	894	-1,037	-25	N/A
12/31/2017	17,299	538	N/A	N/A	N/A
9/30/2017	17,086	507	N/A	N/A	N/A
6/30/2017	16,630	496	N/A	N/A	N/A
3/31/2017	15,412	346	N/A	-191	N/A
12/31/2016	14,277	449	N/A	N/A	N/A
9/30/2016	13,780	468	N/A	N/A	N/A
6/30/2016	13,395	451	N/A	N/A	N/A
3/31/2016	13,064	439	N/A	2,051	N/A
12/31/2015	13,186	457	N/A	N/A	N/A
9/30/2015	12,817	400	N/A	N/A	N/A
6/30/2015	12,469	370	N/A	N/A	N/A
3/31/2015	12,634	359	N/A	301	N/A
12/31/2014	11,701	273	N/A	N/A	N/A
9/30/2014	11,483	260	N/A	N/A	N/A
6/30/2014	10,976	255	N/A	N/A	N/A
3/31/2014	11,209	259	N/A	837	N/A
12/31/2013	10,725	274	N/A	N/A	N/A
9/30/2013	10,657	319	N/A	N/A	N/A
6/30/2013	10,881	372	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PENIND's forecast earnings growth (24.2% per year) is above the savings rate (6.7%).

Earnings vs Market: PENIND's earnings (24.2% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: PENIND's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PENIND's revenue (13.2% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: PENIND's revenue (13.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PENIND's Return on Equity is forecast to be low in 3 years time (14.2%).

Pennar Industries Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 9.4% to ₹93.00

Recent updates

Pennar Industries Limited Approves Appointment of V S Parthasarathy as an Independent Director

Pennar Industries Limited Announces Cessation of Manish Sabharwal as Independent Director

Vice Chairman & MD recently bought ₹3.0m worth of stock

Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?

Now 21% undervalued after recent price drop

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Pennar Industries Limited Announces Resignation of B Kamalaker Rao as Non-Executive Independent Director

Pennar Industries Limited to Report Q3, 2024 Results on Feb 09, 2024

With EPS Growth And More, Pennar Industries (NSE:PENIND) Makes An Interesting Case

Investor sentiment improves as stock rises 18%

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Pennar Industries Limited to Report Q2, 2024 Results on Nov 09, 2023

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 26%

Pennar Group Announces Board Changes

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Pennar Industries Limited, Annual General Meeting, Sep 30, 2023

Pennar Industries Limited to Report Q1, 2024 Results on Aug 09, 2023

Investor sentiment improves as stock rises 15%

Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet

Price target increased by 9.4% to ₹93.00

Pennar Industries Limited Approves Resignation of Varun Chawla as Director

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Pennar Industries Limited to Report Fiscal Year 2023 Results on May 24, 2023

Non Executive Non-Independent Director recently sold ₹9.1m worth of stock

Investor sentiment improves as stock rises 23%

Third quarter 2023 earnings released: EPS: ₹1.56 (vs ₹0.75 in 3Q 2022)

Pennar Industries Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment deteriorated over the past week

We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt

Vice Chairman & MD recently bought ₹2.0m worth of stock

Non Executive Non-Independent Director recently sold ₹6.8m worth of stock

Insufficient new directors

Second quarter 2023 earnings released: EPS: ₹1.18 (vs ₹0.57 in 2Q 2022)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2023 earnings released: EPS: ₹1.00 (vs ₹0.45 in 1Q 2022)

Pennar Industries Limited, Annual General Meeting, Sep 22, 2022

Pennar Industries Limited to Report Q1, 2023 Results on Aug 09, 2022

Is Pennar Industries (NSE:PENIND) Using Too Much Debt?

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Pennar Industries Limited to Report Fiscal Year 2022 Results on May 25, 2022

Insufficient new directors

Insufficient new directors

Pennar Industries Limited Announces Resignation of Bharati Jacob as Independent Director

Non Executive Non-Independent Director recently bought ₹751k worth of stock

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

Pennar Industries Limited to Report Q3, 2022 Results on Feb 09, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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

Rajesh Gupta and Shyam Prajapati entered into share purchase agreement to acquire Oneworks BIM Technologies Private Limited from Pennar Industries Limited (BSE:513228) for INR 6.2 million.

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS ₹0.45 (vs ₹2.38 loss in 1Q 2021)

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

Full year 2021 earnings released: EPS ₹0.18 (vs ₹3.51 in FY 2020)

Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)

This Insider Has Just Sold Shares In Pennar Industries Limited (NSE:PENIND)

Joint MD & Director recently sold ₹2.0m worth of stock

Non-Executive & Non-Independent Director has left the company

Third quarter 2021 earnings released: EPS ₹0.19 (vs ₹0.79 in 3Q 2020)

Pennar Industries Limited Announces Resignation of Vishal Sood

Need To Know: Pennar Industries Limited (NSE:PENIND) Insiders Have Been Selling Shares

Pennar Industries Limited to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: ₹23.20

Here's What We Learned About The CEO Pay At Pennar Industries Limited (NSE:PENIND)

New 90-day high: ₹20.90

Pennar Industries Bags Orders Worth INR 5,170 Million

Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)

New 90-day low: ₹15.15

How Much Are Pennar Industries Limited (NSE:PENIND) Insiders Spending On Buying Shares?

Pennar Industries Limited (BSE:513228) completed the acquisition of Oneworks BIM Technologies Private Limited.