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Pennar Industries Limited (PENIND.NS)

INR169.47 -3.16 (-1.83%)
IN NSE Industrials Industrial - Machinery
Address DHFLVC Silicon Towers 500084
Hyderabad, IN
CEO Aditya Narsing Rao
IPO 2010-11-25
ISIN INE932A01024

Explore sections of this company profile

Also trades on Bombay Stock Exchange · PENIND.BO (INR) National Stock Exchange of India · PENIND.NS (INR)
Description

Established in 1975 and headquartered in Hyderabad, India, Pennar Industries Limited functions as a leading engineering company serving both domestic and international markets. The firm offers a wide array of products and services, including specialized steel items such as cold rolled strips and electrodes for electrostatic precipitators. It is a key producer of materials for construction and infrastructure, manufacturing components like purlins, roofing/cladding sheets, decking profiles, robust metal crash barriers for transportation networks (flyovers, bridges, national highways), and sheet piles crucial for infrastructure projects. Pennar also supplies sheet metal products to the automotive industry and constructs solar module mounting structures. Expanding its industrial reach, the company provides critical components for the railway sector, including parts for wagons, passenger coaches, and metro systems. Its extensive portfolio further encompasses comprehensive storage solutions, ranging from racking and shelving systems to specialized setups and accessories. Additionally, Pennar manufactures various industrial components, such as hydraulic cylinders, automotive parts, and components for white goods. A core area of expertise lies in its diverse range of precision tubes, which includes electric resistance welding (ERW), CDW/DOM/CEW, and specialized tubes for applications across bicycles, boilers, heat exchangers, propeller shafts, transformers, fuel and air systems, furniture, structural uses, telescopic front forks, air pre-heaters, Indian boiler regulation (IBR) standards, and automotive shock absorbers. Beyond manufacturing, Pennar delivers end-to-end design, fabrication, and erection services for a multitude of projects. These span industrial and commercial facilities like factory buildings, warehouses, power plants, high-rise structures, and commercial centers, as well as specialized installations such as aircraft hangars, defense sites, sports stadiums, industrial racking systems, cold-form structures for affordable housing, metro stations, solar module mounting structures, and telecom transmission towers. The company also provides independent design and engineering consulting services. Completing its versatile offerings, Pennar supplies water treatment chemicals, fuel additives, and specialty water treatment chemicals, alongside providing comprehensive turnkey solutions for water and environmental infrastructure.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR169.47 -3.16 (-1.83%)
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Volume Profile
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Liquidity & share structure
Average Volume
829.4K
Beta
-0.33
Float Shares
72.84M
Free Float %
54.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+10.28% +16.13% +1.33% +15.61% -24.80% -15.38% -22.30% +153.72% +601.99% +287.55% +253.87%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
169.47
DCF (Unlevered) 189.47 +11.8%
DCF (Levered) 156.06 -7.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.97
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Industrial - Machinery: +7.4%
    +12.2% Q1'26: +2.1% (vs Q1'25)
  • EPS growth Industrial - Machinery: +15.6%
    +16.8% Q1'26: +15.6% (vs Q1'25)
  • FCF margin FCF growth · Industrial - Machinery: +38.2%
    -1.8% Q1'26: -12.8% (vs Q1'25)
  • EBIT margin Industrial - Machinery: +10.0%
    +7.5% Q1'26: +8.7% (vs Q1'25)
  • ROIC Industrial - Machinery: +6.8%
    +10.2% Q1'26: +11.7% (vs Q1'25)
  • Share dilution Industrial - Machinery: +0.0%
    -0.3% Q1'26: -0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×
    3.27× Q1'26: 2.76× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.13) × ERP
WACC = 67% × Ke + 33% × Kd (11.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 172.37 Current price: 169.47
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2011
actual
Mar 2013
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
8.25B
est: 7.71B (+7.0%)
12.08B
est: 12.11B (-0.2%)
11.15B
est: 8.68B (+28.5%)
12.67B
est: 12.28B (+3.2%)
13.07B
est: 14.24B (-8.2%)
15.42B
est: 15.13B (+1.9%)
17.09B
est: 17.89B (-4.5%)
20.48B
est: 20.70B (-1.1%)
20.46B
est: 23.10B (-11.4%)
15.25B
est: 25.54B (-40.3%)
22.66B
est: 21.76B (+4.1%)
28.95B
est: 29.57B (-2.1%)
31.31B
est: 30.95B (+1.1%)
32.27B
est: 32.32B (-0.2%)
37.03B
37.03B – 37.03B
+14.6% YoY
42.57B
42.57B – 42.57B
+14.9% YoY
47.71B
47.71B – 47.71B
+12.1% YoY
43.48B
43.48B – 43.48B
-8.9% YoY
46.37B
46.37B – 46.37B
+6.6% YoY
EBITDA
1.12B
est: 717.05M (+56.1%)
1.53B
est: 1.12B (+36.3%)
1.18B
est: 804.80M (+47.1%)
1.18B
est: 1.19B (-1.2%)
1.48B
est: 688.81M (+115.2%)
1.62B
est: 1.41B (+14.9%)
2.34B
est: 546.98M (+328.7%)
1.99B
est: 1.52B (+31.2%)
1.89B
est: 2.15B (-11.8%)
1.31B
est: 2.38B (-44.7%)
1.88B
est: 2.02B (-6.9%)
2.55B
est: 213.78M (+1,091.0%)
3.13B
est: 4.23B (-26.0%)
3.47B
est: 4.42B (-21.4%)
5.06B
5.06B – 5.06B
+14.6% YoY
5.82B
5.82B – 5.82B
+14.9% YoY
6.52B
6.52B – 6.52B
+12.1% YoY
5.95B
5.95B – 5.95B
-8.9% YoY
6.34B
6.34B – 6.34B
+6.6% YoY
EBIT
990.58M
est: 531.25M (+86.5%)
1.40B
est: 1.56B (-10.2%)
1.00B
est: 1.12B (-10.2%)
846.60M
est: 1.66B (-48.9%)
1.11B
est: 1.12B (-1.4%)
1.21B
est: 1.04B (+16.2%)
1.82B
est: 1.50B (+20.7%)
1.33B
est: 2.20B (-39.3%)
1.06B
est: 1.59B (-33.2%)
833.20M
est: 1.76B (-52.7%)
1.34B
est: 1.50B (-10.5%)
1.90B
est: 1.22B (+55.5%)
2.47B
est: 3.91B (-36.8%)
2.79B
est: 4.08B (-31.7%)
4.67B
4.67B – 4.67B
+14.6% YoY
5.37B
5.37B – 5.37B
+14.9% YoY
6.02B
6.02B – 6.02B
+12.1% YoY
5.49B
5.49B – 5.49B
-8.9% YoY
5.85B
5.85B – 5.85B
+6.6% YoY
Net Income
498.31M
est: 505.74M (-1.5%)
756.16M
est: 782.21M (-3.3%)
418.60M
est: 560.54M (-25.3%)
359.00M
est: 831.12M (-56.8%)
438.50M
est: 403.27M (+8.7%)
466.50M
est: 675.31M (-30.9%)
703.20M
est: 403.50M (+74.3%)
664.40M
est: 1.03B (-35.8%)
530.50M
est: 1.26B (-57.8%)
25.40M
est: 1.42B (-98.2%)
418.30M
est: 933.80M (-55.2%)
754.20M
est: 512.25M (+47.2%)
983.40M
est: 974.40M (+0.9%)
1.19B
est: 1.94B (-38.6%)
2.19B
2.19B – 2.19B
+12.5% YoY
2.63B
2.63B – 2.63B
+20.4% YoY
2.99B
2.99B – 2.99B
+13.8% YoY
1.70B
1.70B – 1.70B
-43.2% YoY
1.74B
1.74B – 1.74B
+2.4% YoY
SGA
641.19M
est: 525.72M (+22.0%)
568.32M
est: 1.10B (-48.5%)
609.40M
est: 790.17M (-22.9%)
785.80M
est: 1.17B (-32.9%)
136.40M
est: 1.67B (-91.8%)
162.30M
est: 1.03B (-84.3%)
224.80M
est: 4.13B (-94.6%)
6.70M
est: 2.71B (-99.8%)
541.30M
est: 1.58B (-65.6%)
458.20M
est: 1.74B (-73.7%)
698.60M
est: 3.74B (-81.3%)
1.07B
est: 3.78B (-71.8%)
1.18B
est: 2.11B (-44.2%)
6.63B
est: 2.20B (+200.9%)
2.53B
2.53B – 2.53B
+14.6% YoY
2.90B
2.90B – 2.90B
+14.9% YoY
3.25B
3.25B – 3.25B
+12.1% YoY
2.97B
2.97B – 2.97B
-8.9% YoY
3.16B
3.16B – 3.16B
+6.6% YoY
EPS
4.00
est: 3.74 (+7.0%)
6.10
est: 6.16 (-1.0%)
3.43
est: 2.87 (+19.6%)
2.98
est: 2.69 (+10.8%)
3.64
est: 5.60 (-35.0%)
2.87
est: 4.99 (-42.5%)
4.62
est: 5.96 (-22.5%)
4.36
est: 7.40 (-41.1%)
3.51
est: 9.30 (-62.3%)
0.18
est: 10.50 (-98.3%)
2.94
est: 6.90 (-57.4%)
5.49
est: 10.20 (-46.2%)
7.29
est: 7.20 (+1.3%)
8.81
est: 14.40 (-38.8%)
16.20
16.20 – 16.20
+12.5% YoY
19.50
19.50 – 19.50
+20.4% YoY
22.20
22.20 – 22.20
+13.8% YoY
12.60
12.60 – 12.60
-43.2% YoY
12.90
12.90 – 12.90
+2.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-26 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-25 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-262.80M
OE per share TTM
-1.94
Owner's Yield
-1.13%
Maintenance CapEx ratio
572.32%
Maint CapEx / Avg PPE
30.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.01M
Shares Outstanding
134.95M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Lavanya Kumar Rao Kondapally Executive Director 13M male
Shrikant Bhakkad Chief Financial Officer 12M male
Aditya Narsing Rao Vice Chairman & MD 11M male
Mirza Mohammed Ali Baig Compliance Officer & Company Secretary 2M male
K. Shiva Kumar Business Head of Industrial Components male
Dayasagar Rao Neelagiri Executive Vice President & Business Unit Head male
Indukuri Venkata Ramana Raju Chief Operating Officer male
Rajat Narain Executive Vice-President-HR
Bhoopal Reddy Executive Vice President & Business Unit Head male
Yalamanchili Narasimha Rao President & Business Unit Head male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits