Pennar Industries Limited

NSE: PENIND · Unclassified

₹159.20-2.73%06 Nov 2026

Ask the data

Instant answers about Pennar Industries Limited — computed from its filings, no language model

Market cap₹2,148 cr

Current price₹159.20

High / Low₹276 / ₹131

P/E12.8

P/B1.85

Book value₹86.2

ROE14.5%

ROCE14.1%

Debt / equity0.98

Dividend yield—

EPS (TTM)₹12.47

Face value₹5

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2,116	2,107	1,525	2,266	2,895	3,131	3,227	3,620
EBITDA	170	169	93	171	221	273	310	355
Operating margin	8.1%	8.0%	6.1%	7.6%	7.6%	8.7%	9.6%	9.8%
Interest	75	83	80	78	91	115	120	138
Depreciation	28	43	48	54	65	66	69	84
Profit before tax	94	63	4	56	98	131	158	180
Tax	29	10	1	14	23	33	39	40
Net profit	64	53	3	39	75	98	119	165
EPS ₹	4.20	3.51	0.18	2.94	5.49	7.29	8.84	10.29
Operating cash flow	—	—	—	167	244	225	256	202
Capex	—	—	—	57	71	247	126	328
Dividend paid	—	—	—	0	0	0	0	0
Total assets	—	—	—	—	2,318	2,640	2,954	3,551
Equity	—	—	—	—	778	876	998	1,163

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	MAR '17	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	542	503	518	568	585	538	580	537	451	166	390	412	557	488	552	533	693	700	834	692	668	749	814	745	823	733	748	840	906	846	907	943	925	870
Operating profit	36	77	32	41	59	52	45	47	26	-16	30	33	46	38	40	43	51	45	46	58	68	62	70	76	65	72	75	82	91	86	81	83	105	93
Operating margin	6.7%	15.4%	6.2%	7.2%	10.0%	9.6%	7.7%	8.7%	5.8%	-9.6%	7.8%	8.0%	8.2%	7.7%	7.3%	8.0%	7.3%	6.4%	5.5%	8.4%	10.2%	8.3%	8.6%	10.2%	7.9%	9.8%	10.1%	9.7%	10.1%	10.1%	9.0%	8.8%	11.4%	10.6%
Other income	0	8	10	8	5	4	9	4	5	3	2	5	9	3	3	4	7	11	16	8	2	12	6	6	16	7	6	7	7	8	13	16	9	14
Interest	19	20	17	19	23	20	23	23	18	20	20	22	18	18	20	19	21	22	25	22	23	28	30	31	26	27	28	31	34	35	34	34	34	36
Depreciation	4	8	7	8	7	10	10	11	12	12	12	12	12	13	13	13	15	16	16	16	17	16	17	18	16	17	17	17	18	19	19	22	25	24
Profit before tax	14	70	18	22	34	26	20	16	1	-45	1	3	45	9	11	14	22	19	22	28	31	29	30	33	39	35	36	40	47	40	41	43	55	47
Tax	1	23	5	6	9	9	-3	4	0	-11	0	1	11	3	3	3	5	5	5	6	7	8	7	8	10	9	9	9	11	8	9	9	14	11
Net profit	13	48	0	0	24	17	24	12	1	-34	0	3	34	7	8	11	14	14	17	21	23	22	23	25	29	26	27	30	36	32	41	37	56	35
EPS ₹	1.11	3.95	1.05	1.27	1.59	1.09	1.55	0.79	0.06	-2.38	0.01	0.19	2.35	0.90	0.57	0.58	1.16	1.00	1.18	1.56	1.75	1.62	1.67	1.88	2.12	1.96	1.99	2.25	2.64	2.37	2.39	2.49	3.04	2.62
Revenue YoY	—	-7.2%	—	—	16.3%	—	11.9%	-5.3%	-22.8%	-69.1%	-32.7%	-23.3%	23.4%	193.8%	41.3%	29.4%	24.4%	43.3%	51.2%	29.9%	-3.5%	7.0%	-2.4%	7.6%	23.1%	-2.1%	-8.2%	12.8%	10.1%	15.3%	21.3%	12.3%	2.1%	2.9%
Profit YoY	—	254.9%	—	—	-48.8%	—	—	—	-96.1%	-304.9%	-99.0%	-78.9%	3428.4%	—	3300.0%	312.1%	-58.9%	107.7%	111.8%	101.4%	69.5%	54.9%	30.4%	19.0%	22.6%	21.0%	19.2%	19.9%	24.3%	21.0%	51.5%	20.5%	56.1%	10.9%

Earlier results (standalone, Sep '07 – Dec '16)

₹ crore · from BSE, before the NSE XBRL filings begin

Pennar Industries Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†
Revenue	654	798	1,088	1,024	848	736	794	871
Operating profit	76	109	134	110	79	51	69	79
Operating margin	11.6%	13.6%	12.3%	10.8%	9.3%	6.9%	8.7%	9.0%
Other income	0	0	0	1	1	2	1	2
Interest	14	11	10	12	18	18	26	28
Depreciation	9	12	12	14	15	15	11	11
Profit before tax	53	86	112	85	47	19	33	42
Tax	14	36	41	31	16	7	12	15
Net profit	39	50	71	54	31	13	21	27

Quarters

showing latest 8 of 38 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†
Revenue	128	143	161	177	172	151	154	181	181	195	240	259	249	278	302	265	238	218	303	219	198	201	230	192	170	184	190	169	195	196	234	185	217	226	243	212	250	245
Operating profit	15	17	19	18	19	19	21	24	25	28	32	32	32	34	35	33	30	25	22	21	20	21	17	12	13	13	13	14	16	16	23	16	20	20	23	18	21	20
Operating margin	11.6%	12.0%	11.7%	10.0%	10.8%	12.7%	13.3%	13.5%	13.9%	14.1%	13.2%	12.4%	13.0%	12.3%	11.6%	12.6%	12.7%	11.5%	7.2%	9.4%	10.3%	10.2%	7.5%	6.3%	7.5%	7.2%	6.8%	8.2%	8.1%	8.3%	10.0%	8.6%	9.0%	9.0%	9.3%	8.4%	8.3%	8.0%
Other income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	0	1	0	0	1	0	0	0	1	0	0	0	2	1	1	0
Interest	5	4	2	3	4	4	3	3	3	3	3	3	3	2	2	3	2	4	4	3	5	5	5	4	4	5	5	6	5	5	10	6	6	6	10	8	7	8
Depreciation	2	2	2	2	2	2	2	3	3	3	4	3	3	3	4	3	3	4	4	4	4	4	4	4	4	4	4	4	1	3	3	3	3	3	3	3	3	3
Profit before tax	8	11	15	12	13	13	15	19	20	22	25	26	27	29	30	28	25	18	15	14	12	13	9	5	5	5	4	4	10	8	11	7	10	12	12	8	12	9
Tax	0	2	4	3	3	3	5	8	8	9	11	10	10	11	10	10	9	6	6	5	3	4	3	1	2	2	3	1	6	3	2	3	4	4	3	3	5	4
Net profit	8	9	10	10	10	10	10	11	12	14	14	16	17	18	19	18	16	11	9	9	9	9	5	4	4	3	2	3	4	5	9	4	6	8	9	4	6	5
EPS ₹	3.39	3.86	3.35	3.06	3.17	3.01	3.22	3.41	3.80	4.40	1.13	1.35	1.40	1.50	1.57	1.47	1.31	0.92	0.80	0.70	0.72	0.70	0.43	0.35	0.30	0.26	0.13	0.26	0.36	0.40	0.75	0.32	0.53	0.63	0.77	0.36	0.54	0.44
Revenue YoY	—	—	—	—	34.1%	5.5%	-4.1%	2.6%	5.5%	29.5%	55.6%	43.1%	37.7%	42.0%	25.6%	2.4%	-4.4%	-21.6%	0.4%	-17.6%	-16.9%	-7.6%	-23.9%	-12.1%	-14.0%	-8.6%	-17.7%	-12.4%	14.9%	6.5%	23.5%	9.8%	11.3%	15.4%	3.8%	14.5%	14.9%	8.6%
Profit YoY	—	—	—	—	28.3%	5.8%	0.1%	11.6%	19.7%	42.9%	35.8%	52.7%	42.0%	34.9%	38.2%	8.6%	-6.0%	-38.9%	-52.1%	-52.1%	-45.4%	-23.9%	-42.2%	-50.9%	-58.2%	-63.3%	-70.2%	-26.6%	19.1%	55.3%	470.9%	23.3%	46.1%	56.2%	2.5%	14.2%	1.1%	-30.0%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 29 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	7.6%	9.1%	9.8%	10.8%	10.8%	11.3%	11.2%	11.7%	11.5%	12.1%	11.9%	12.5%	13.0%	13.5%	14.2%	14.5%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	11.6%	12.7%	13.6%	14.8%	14.7%	15.7%	15.3%	15.6%	14.8%	15.2%	15.7%	16.4%	14.9%	15.2%	13.8%	14.1%
Net margin	1.9%	2.8%	3.4%	2.5%	0.1%	-1.3%	-2.1%	0.1%	2.3%	2.5%	2.8%	1.7%	1.9%	2.0%	2.3%	2.6%	2.8%	3.0%	3.1%	3.1%	3.3%	3.5%	3.6%	3.7%	3.7%	4.0%	4.0%	4.6%	4.6%
EBITDA margin	8.3%	8.6%	9.0%	8.0%	5.8%	5.7%	5.2%	6.1%	7.9%	7.8%	7.8%	7.6%	7.2%	6.7%	6.9%	7.5%	8.0%	8.8%	9.3%	8.7%	9.1%	9.4%	9.3%	9.9%	10.0%	9.7%	9.5%	9.8%	9.9%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	0.92	0.92	0.80	0.80	0.82	0.82	0.84	0.84	0.86	0.86	0.78	0.78	0.90	0.90	0.98	0.98
Interest coverage	2.25	2.20	2.09	1.76	0.91	0.66	0.50	1.05	1.74	1.87	2.04	1.71	1.80	1.88	2.00	2.08	2.12	2.14	2.10	2.14	2.20	2.28	2.34	2.32	2.28	2.25	2.25	2.30	2.34
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	1.21	1.28	1.25	1.27	1.19	1.21	1.19	1.18	1.09	1.12	1.09	1.13	1.05	1.08	1.02	1.03

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	67	67	67	67	67	67	67	67
Other equity / reserves	665	711	756	809	863	931	1,002	1,096
Total equity	732	778	823	876	931	998	1,070	1,163
Borrowings	672	621	673	734	802	775	960	1,142
Current liabilities	1,356	1,369	1,493	1,573	1,659	1,678	1,934	1,983
Non-current liabilities	194	170	143	190	208	277	328	404
Total assets	2,282	2,318	2,460	2,640	2,799	2,954	3,331	3,551
Property, plant & equipment	617	628	618	608	736	833	936	938
Capital work-in-progress	15	18	55	218	128	53	125	136
Investments	19	27	45	22	32	12	26	27
Inventories	691	783	804	825	898	935	989	1,010
Receivables	503	394	477	512	480	581	685	731
Cash & equivalents	86	143	105	90	110	141	132	206

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	167	244	225	256	202
Cash from investing	-71	-28	-257	-105	-349
Cash from financing	-92	-113	-22	-100	211
Capex	57	71	247	126	328
Free cash flow	110	173	-22	130	-126
Dividends paid	0	0	0	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹938 cr26%

CWIP

₹136 cr4%

Investments

₹27 cr1%

Inventories

₹1,010 cr28%

Receivables

₹731 cr21%

Cash & equivalents

₹206 cr6%

Other assets

₹503 cr14%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Pennar Industries Limited	2,148	159.20	12.8	1.85	14.5%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-12.0%

6 months-7.0%

1 year-39.2%

3Y CAGR+14.5%

5Y CAGR+41.5%

10Y CAGR+13.0%

50-day avg₹168.89

200-day avg₹162.69

RSI (14)39

FAQs

What is the share price of Pennar Industries Limited?

Pennar Industries Limited (PENIND) closed at ₹159.20 on NSE on 06 Nov 2026.

What is the market cap of Pennar Industries Limited?

₹2,148 crore at the latest close.

What is the P/E ratio of Pennar Industries Limited?

12.8, on trailing-twelve-month earnings from its filings.

How fast is Pennar Industries Limited growing?

Pennar Industries Limited: revenue has compounded at 7.7% a year over three years; net profit at 29.7% a year. Latest-quarter revenue is up 2.9% year on year, profit up 10.9%.

How profitable is Pennar Industries Limited?

On a trailing-twelve-month basis return on equity is 14.5%, return on capital employed 14.1%, operating margin 9.9%, net margin 4.6%.

How much debt does Pennar Industries Limited have?

Pennar Industries Limited is moderately geared: debt to equity is 0.98 with borrowings of ₹1,142 cr against cash of ₹206 cr (balance sheet of 2026-03-31). Operating profit covers interest 2.3 times.

Financials parsed from Pennar Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '17, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.