Pennar industries share price

Shares of a leading value-added engineering products and solutions company At 12:15 pm, the scrip was trading 6 per cent higher at Rs 48 over its previous day’s closing price of Rs 45 apiece. The stock has risen 25 per cent in the last six months while it has surged nearly 61 per cent in the last one year.

Pennar Industries Limited is an India-based engineering company. The Company is engaged in the manufacturing of cold rolled steel strips, precision tubes, cold rolled formed sections, electrostatic precipitators, and profiles. Its segments include Diversified Engineering and Custom designed building solutions & auxiliaries. It manufactures railway wagons and coach components, press steel components, hydraulics, road safety systems and galvanized products. It provides a range of services, which includes structural engineering services, BIM (building information modelling), plant and product engineering services, and industrial automation. The Company serves various industries, such as building and infrastructure, oil and gas, automotive value engineering, heavy engineering, rail transportation, and other industries. It has manufacturing facilities at Patancheru, Isnapur and Velchal in the state of Telangana, Chennai and Hosur in Tamil Nadu, Tarapur in Maharashtra. ;

• Pennar Industries has an operating revenue of Rs. 2,894.62 Cr. on a trailing 12-month basis. An annual revenue growth of 28% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 9% is fair but needs improvement. The company has a reasonable debt to equity of 13%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 21% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 82 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 83 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail. Pennar Industries Synopsis NSE-Steel-Producers Pennar Industrie is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 2288.30 Cr. and Equity Capital is Rs. 67.47 Cr. for the Year ended 31/03/2023. Pennar...

Meeting Date Announced on Purpose Details May 24, 2023 May 16, 2023 Board Meeting Audited Results Feb 08, 2023 Jan 30, 2023 Board Meeting Quarterly Results Nov 09, 2022 Oct 31, 2022 Board Meeting Quarterly Results Aug 09, 2022 Jul 28, 2022 Board Meeting Quarterly Results Jun 29, 2022 May 26, 2022 POM - • About Pennar Ind Pennar Industries Ltd., incorporated in the year 1975, is a Small Cap company (having a market cap of Rs 1,012.77 Crore) operating in Metals - Ferrous sector. Pennar Industries Ltd. key Products/Revenue Segments include Steel Products, Income From Contracts, Scrap and Sale of services for the year ending 31-Mar-2022. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 670.81 Crore, down 4.19 % from last quarter Total Income of Rs 700.13 Crore and down 4.15 % from last year same quarter Total Income of Rs 699.86 Crore. Company has reported net profit after tax of Rs 23.85 Crore in latest quarter. The company’s top management includes Mr.Nrupender Rao, Mr.Aditya Rao, Mr.K Lavanya Kumar, Mr.Eric James Brown, Mr.P V Rao, Mr.B Kamalaker Rao, Mr.Chandrasekhar Sripada, Mr.Manish Sabharwal, Mr.RVS Ramakrishna, Mr.Varun Chawla, Mr.J S Krishna Prasad, Mr.Mirza Mohammed Ali Baig. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2023, the company has a total of 13.49 Crore shares outstanding. Show More Following are the key changes to Pennar Ind shareholding: • Promoter holding has gone up from 38.2 (30 Jun...

Pennar Industries Ltd is a holding agency. The Company is engaged in the manufacture of steel merchandise, including Cold Rolled Steel Strips (CRSS) and Cold Formed Metal Profiles. The Company is engaged within the manufacture of hot-rolled and cold-rolled merchandise of metal. It additionally manufactures tubes. Its commercial enterprise divisions encompass Steel products, Systems and projects, Tubes and Industrial components. The Company offers precision tubes, cold rolled formed sections (CRFS), electro static precipitators, railway wagons and coach additives, press metallic components and road protection systems. The Company provides solar module mounting solutions; storage solutions, consisting of racking and shelving solutions; hydraulic components and vehicle additives, and electric resistance welded pipes, cold-drawn welded tubes and air pre-heater tubes. It gives CRSS and CRFS for programs, including building additives and infrastructure, automobile profiles, metallic crash boundaries and sheet piles. #(Fig in Cr.) Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 412 557 488 552 533 693 700 834 692 668 Other Income 5 9 3 3 4 7 11 16 8 2 Total Income 417 566 491 555 537 700 711 850 700 671 Total Expenditure 379 511 451 511 490 642 655 788 634 600 Operating Profit 38 55 40 43 47 58 56 62 66 71 Interest 22 18 18 20 19 21 22 25 22 23 Depreciation 12 12 13 13 13 15 16 16 16 17 Exceptional Income / Expenses 0 20 0 0 0 0...

Sector Iron & Steel Compare with Sector peers Industry Steel & Iron Products Compare with Industry peers Website http://www.pennarindia.com Market Cap 1,012.10 Cr. Enterprise Value(EV) 1,460.70 Cr. 2023-03 Financial Indicators • Consolidated • Standalone Earnings per share (EPS) 5.59 Trailing Twelve Months Ending 2023-03 Price-Earning Ratio (PE) 13.48 Trailing Twelve Months Ending 2023-03 Industry PE 20.50 Trailing Twelve Months Ending 2023-03 Book Value / Share 57.65 Trailing Twelve Months Ending 2023-03 Price to Book Value 1.31 Calculated using Price: 75.35 Dividend Yield 0.00 Period Ending 2022-03 No. of Shares Subscribed 13.49 Cr. 134,946,231 Shares FaceValue 5 About Pennar Industries Ltd. Pennar Industries, commenced manufacture of cold rolled Steel Strips in 1988 at Isnapur (45 km from Hyderabad) with an installed capacity of 30,000 MTPA. The company achieved profits right from the first year of its operation followed by declaration of dividend from the second year. The company increased its manufacturing capacity to 50,000 MTPA in the year 1997. 9 years 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 Return on Equity (%) 9.43 12.03 13.45 10.30 16.76 10.48 7.81 0.41 5.86 Return on Capital Employed (%) 15.14 19.15 19.91 17.90 23.77 16.67 12.99 6.86 10.32 Return on Assets (%) 3.88 4.89 4.94 3.42 6.04 4.10 2.97 0.15 2.08 Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs...

Parameter Values Market Cap (in ₹ Cr.) 1,143.44 Earning Per Share (EPS TTM) (₹) 4.36 Price To Earnings (P/E) Ratio 17.21 Book Value Per Share (₹) 33.74 Price To Books (P/B) Ratio 2.22 EBIT Margin (%) 10.01 PAT Margin (%) 4.35 ROCE (%) 21.80 PAT Growth (%) 90.16 Total Debt to Equity (D/E) Ratio 0.62 More from Parameter MAR'18 (₹ Cr.) MAR'17 (₹ Cr.) YoY %Change Balance Sheet: Share Capital 60.17 60.17 0.00% Total Non-Current Liabilities 122.97 103.74 18.54% Total Current Liabilities 484.46 362.07 33.80% Total Liabilities 1,013.40 817.54 23.96% Total Non-Current Assets 345.60 289.13 19.53% Currents Investments 22.92 0.00 100.00% Cash and Bank 37.68 48.04 -21.57% Total Current Assets Excluding Current Investments 644.88 528.41 22.04% Total Assets 1,013.40 817.54 23.96% Profit and Loss: Gross Sales 1,248.64 1,069.50 16.75% Net Sales 1,227.43 987.70 24.27% PBIDT (Excl OI) 114.44 87.33 31.04% PAT 54.29 28.55 90.16% More from