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13 Jul 2025 |
Pennar Industries
|
Consensus Share Price Target
|
229.89 |
325.00 |
- |
41.37 |
buy
|
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17 Aug 2016
|
Pennar Industries
|
Phillip Capital
|
229.89
|
60.00
|
46.40
(395.45%)
|
Target met |
Buy
|
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Consolidated revenue grew by 12% yoy to Rs 3bn, higher than estimates of Rs 2.8bn. Systems&projectsincreasedby40;%yoytoRs680mndrivenbygrowthfromrailwayorders. Steel products revenue was supported by contribution from high grade special steel production(~800tonnepermonth)startedsinceQ4FY16.Tubesrevenuegrewby17%yoy toRs398mnwith33%revenuecontributionfromhighvalueCDWtubesvs26%inQ1FY16. EBITDA grew by 40% yoy to Rs 362mn, 26% higher than estimates of Rs 287mn. Margins improved by 230bps to 11.8% higher than estimates of 10.2%. The company had tax provision of 43.5% vs estimates of 36% due to higher deferred tax associated with capex....
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24 May 2016
|
Pennar Industries
|
Phillip Capital
|
229.89
|
56.00
|
44.00
(422.48%)
|
Target met |
Buy
|
|
|
Profits marginally below estimates, lower execution in PEBS and Systems & Projects. Growth in value-added segments supported margins. Revenues were below estimates. Weakness in industrial component and steel products....
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13 Nov 2015
|
Pennar Industries
|
Phillip Capital
|
229.89
|
70.00
|
48.45
(374.49%)
|
|
Buy
|
|
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In line with estimates, growth in all segment except in steel as guided. Improvement in margins in all divisions. Strong performance in PEBS. Healthy order book; PEBS at Rs 4.1 bn, railway Rs 1bn, and environmental Rs 2.6bn....
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17 Aug 2015
|
Pennar Industries
|
Phillip Capital
|
229.89
|
70.00
|
58.00
(296.36%)
|
|
Buy
|
|
|
Pennar Industries' revenue declined 6% yoy to Rs 2.7bn in Q1FY16 (significantly lower than estimated Rs 3.2bn), impacted by a fall in steel prices. Its steel product revenue fell 22% yoy; consolidated numbers signal PEBS revenue fall of ~20%. The company did not share...
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15 May 2015
|
Pennar Industries
|
Phillip Capital
|
229.89
|
75.00
|
51.50
(346.39%)
|
|
Buy
|
|
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Pennar Industries (PIL) reported revenue growth of 14% yoy to Rs 3.66bn during the quarter supported by growth in Systems & Projects, Industrial Component. The company did not shared numbers for PEBS and Enviro as it has filed DRHP for listing of PEBS. Revenue was 7%...
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