Pennar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Pennar Industries has a total shareholder equity of ₹9.3B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 86%. Its total assets and total liabilities are ₹28.0B and ₹18.7B respectively. Pennar Industries's EBIT is ₹2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of ₹1.8B.
Key information
86.0%
Debt to equity ratio
₹8.02b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ₹1.84b |
| Equity | ₹9.32b |
| Total liabilities | ₹18.67b |
| Total assets | ₹27.99b |
Recent financial health updates
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Dec 21
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Mar 12Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet
Jun 07We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt
Dec 22Is Pennar Industries (NSE:PENIND) Using Too Much Debt?
Jun 17Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Aug 05Recent updates
Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Dec 21Pennar Industries' (NSE:PENIND) Promising Earnings May Rest On Soft Foundations
Nov 20Many Still Looking Away From Pennar Industries Limited (NSE:PENIND)
Oct 19Returns On Capital At Pennar Industries (NSE:PENIND) Have Hit The Brakes
Jul 30The Market Lifts Pennar Industries Limited (NSE:PENIND) Shares 31% But It Can Do More
Jun 08Pennar Industries Limited (NSE:PENIND) Analysts Are Pretty Bullish On The Stock After Recent Results
May 27Does Pennar Industries (NSE:PENIND) Have A Healthy Balance Sheet?
Mar 12With EPS Growth And More, Pennar Industries (NSE:PENIND) Makes An Interesting Case
Dec 28Pennar Industries (NSE:PENIND) Has A Pretty Healthy Balance Sheet
Jun 07We Think Pennar Industries (NSE:PENIND) Is Taking Some Risk With Its Debt
Dec 22Is Pennar Industries (NSE:PENIND) Using Too Much Debt?
Jun 17We Think Pennar Industries Limited's (NSE:PENIND) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 23Pennar Industries (NSE:PENIND) Seems To Be Using A Lot Of Debt
Aug 05Estimating The Intrinsic Value Of Pennar Industries Limited (NSE:PENIND)
May 13This Insider Has Just Sold Shares In Pennar Industries Limited (NSE:PENIND)
Mar 21Need To Know: Pennar Industries Limited (NSE:PENIND) Insiders Have Been Selling Shares
Jan 28Financial Position Analysis
Short Term Liabilities: PENIND's short term assets (₹17.2B) exceed its short term liabilities (₹16.6B).
Long Term Liabilities: PENIND's short term assets (₹17.2B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: PENIND's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: PENIND's debt to equity ratio has increased from 58.4% to 86% over the past 5 years.
Debt Coverage: PENIND's debt is well covered by operating cash flow (34.4%).
Interest Coverage: PENIND's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:23 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pennar Industries Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Giriraj Daga | Centrum Broking Limited |
| Anil Burra | FirstCall Research |
| Naveed MD. | FirstCall Research |