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Pennar Industries Share Price

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NSEBSE

130.90-1.90 (-1.43%)

12:00 AM,12th Apr 2024

131.25-1.70 (-1.28%)

12:00 AM,12th Apr 2024

BSE : 513228

NSE : PENIND

Sector : Metals & Mining

ISIN Code : INE932A01024

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Last Updated: Apr 12 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1766

Turnover (₹ Cr)

0.43

Volume (Shares)

329328

Face Value

5

52-WK High

163.40

52-WK High Date

06 Feb 2024

52-WK Low

66.45

52-WK Low Date

25 May 2023

All Time High

163.40

All Time High Date

06 Feb 2024

All Time Low

1.95

All Time Low Date

14 Aug 2000

Pennar Industries Ltd

Pennar Industries Ltd (Formerly known as Pennar Steels Ltd) incorporated in Aug.'75 was promoted in the joint sector by J Naresh Kumar along with the Andhra Pradesh Industrial Development Corporation (APIDC). The Company is one of the leading engineering organisations in India and is well known for its expertise in providing engineered products and engineering solutions. It manufactures cold-rolled coils (CRCs) of narrow width upto 700 mm which are supplied to the automobile and the white goods industries. The Company started its journey with first manufacturing plant at Isnapur near Hyderabad and since then has established itself as diversified engineering company with end-to-end capabilities. Having a strong pedigree and engineering excellence and the Company has merged Pennar Engineered Building Systems Limited Pennar Enviro Limited into Pennar Industries Limited (PIL) after which it accumulated a wide spectrum of engineered products and customised turnkey engineering solution under its belt catering to a range of high growth sectors. Thereafter the Company diversified its engineered products and engineered solutions broadly across six sectors; namely; Automobiles Construction Infrastructure General Engineering White Goods Railways and Solar.In 1989-90 the company undertook an expansion programme to increase the capacity from 12000 tpa to 60000 tpa in phases. In the first phase its capacity was increased to 36000 tpa which was completed in 1990-91. In 1991-92 PSL set up a joint venture company -- Thomas & Betts Pennar in collaboration with Thomas & Betts Corporation US to manufacture certain types of electronic connectors.PIL diversified in 1993-94 by setting up a 3-MW wind energy farm near Coimbatore Tamilnadu and setting up a project to manufacture value-added pressed and fine blanked metal components which became operational in 1994-95 and 1995-96 respectively. In Sep.'95 it received the ISO 9002 certification from RWTUV Germany.In 1999-2000 the company acquired manufacturing facilities in the cold forming sections/products of the Tube Investments of India Ltd at Tarapur and Chennai. Since more than 50% of the networth was fully eroded on 30th June2001 the company become a sick industrial company. In 2007 the Precision Tube Line was commissioned for making products for the auto transportation and construction sectors. A new fabrication shop also commissioned for making structures for Electro Static Precipitators (ESPs) boilers and seed processing plants. The Company's new plant at Chennai with steel profiling cutting slitting lines and heavy duty pressing facilities commenced commercial production from April 2008. Pennar Engineered Building Systems Limited (Pebs) became a subsidiary in June 2009 and commenced commercial production effective Jan.01 2010. The Company launched new product lines including CDW/ERW tubes sheet pilings and solar structurals in 2011-12. The expansion of manufacturing facilities at its Isnapur and Tarapur plant also added new production capacity for CDW tubes and increased capacities for precision tubes for automobiles and fabrication facilities. The Company in year 2019 added New Product range in the existing including Jack Cylinder-Bailey Action Construction Equipment AGCO Kone-Elevator Bed Plate DTX- Rod clevis and Venus -Bottom Cover.During the year 2021-22 the Company disposed its 100% shareholding in M/s. Oneworks BIM Technologies Private Limited resulting the said Company ceased to be a subsidiary of the Company effective from 31st August 2021. In 2022-23 the wholly owned subsidiary by the name of '`Pennar Metals Private Limited' was incorporated on June 22 2023.

Pennar Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1766

EPS - TTM (₹) [S]

4.02

P/E Ratio (X) [S]

2.33

Face Value (₹) 5
Latest Dividend (%)20.00
Latest Dividend Date 19 Jul 2013
Dividend Yield (%) -
Book Value Share (₹) [S]56.11
P/B Ratio (₹) [S]2.33
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Franklin India Smaller Companies Fund (G) 2.52 989354 0.04
Franklin India Smaller Companies Fund - Direct (G) 2.52 989354 0.04

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

130.45

134.00

Week Low/High

130.45

140.00

Month Low/High

106.40

140.00

Year Low/High

66.45

163.00

All time Low/High

0.65

163.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-5.04%-5.18%0.000.03%
1 Month10.51%10.60%0.780.82%
3 Month0.73%0.50%2.312.85%
6 Month24.08%23.84%11.8013.77%
1 Year73.19%72.92%22.9426.43%
3 Year663.27%665.50%55.0557.36%

Company Info

Company Information

Chairman Emeritus : Nrupender Rao

Vice Chairman & M.D. : Aditya N Rao

Non-Exec. & Independent Dir. : B Kamalaker Rao

Non-Exec. & Independent Dir. : Manish Sabharwal

Company Sec. & Compli. Officer : Mirza Mohammed Ali Baig

Executive Director : K Lavanya Kumar

Non Executive Director : P V Rao

Non Executive Director : Eric James Brown

Non-Exec. & Independent Dir. : Chandrasekhar Sripada

Chairman & Independent Directo : Ravi Venkata Siva Ramakrishna

Independent Director : SHARMA VIRGINIA

Registered Office: Floor No 3 DHFLVC, Silicon Towers Kondapur,Hyderabad,Telangana-500084 Ph: 91-40-23117043/7045/23114072

Email:mirza.baig@pennarindia.com; corporatecommunication

URL:http://www.pennarindia.com pilhyd@bsnl.in