ALFA Finder| Management target | Net Profit 20.0% FY27 |
|---|
| Revenue growth | 3.58% YoY growth to ₹818.55 Cr; moderate due to legacy exits. |
|---|---|
| Margins | Structural expansion; PBT margin rose to 5.38% from 4.77% YoY. |
| Order book | Record high: ₹1,008 Cr (India PEB) and $112M (US PEB). |
| Demand visibility | Strong visibility in US/India PEB and data centers. |
| Management confidence | Balanced; highly confident in growth vectors despite legacy segment drag. |
Growth
Growth is high-quality, with consolidated gross margins expanding to 43.85% despite legacy segment revenue declines.
Outlook
Management targets 20% annual PAT growth and 25% ROCE, supported by record order books in PEB.
Risks
Execution slippages in Tech Pennar and operational challenges in India PEB impacted Q1 volume throughput.
Last quarter's promises, checked
Delivered
- Guided 30% PEB growth → delivered 31.9% (= BEAT)
- Guided 4% finance cost cap → delivered 3.76% (= BEAT)
- Guided resolution of labor issues → delivered issues resolved in Q2 (= BEAT)
Partly delivered
- Guided debt reduction → delivered 0.8 D/E with net debt increase for Telco (= PARTIAL)
- Guided working capital improvement → delivered 76 days, up 2 days (= PARTIAL)
Missed
- Guided PAT margin expansion → delivered 3.56% vs 3.59% YoY (= MISS)
- Guided ROCE improvement → delivered 21.7% vs 24.3% YoY (= MISS)
Earnings Call Transcript filed with BSE, NSE: PENIND. Summary written with AI assistance from the document.
Pennar Industries Ltd: key numbers
- Share price
- ₹171.50
- Market cap
- ₹2,314 Cr
- Revenue (annual)
- ₹3,620 Cr
- Net profit (annual)
- ₹138.8 Cr
- P/E (TTM)
- 16.3×Sector 17.1×
- Promoter holding
- 39.91%+0.24% QoQ
- FII holding
- 3.59%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Pennar Industries Ltd
All →Pennar Industries Board Meeting Date
Pennar Industries Ltd will hold a board meeting on November 13, 2026. The board will consider unaudited financial results for the quarter and half-year ended September 2026.
Pennar Industries Other Announcement
Pennar Industries Limited announced that its Registrar and Share Transfer Agent, KFin Technologies Limited, is shifting its corporate office. The change is effective from December 1, 2026.
Pennar Industries Other Announcement
The company submitted its quarterly shareholding pattern statement for the quarter ended September 30, 2026, in compliance with regulatory requirements.
Pennar Industries Credit Rating
CARE Ratings reaffirmed credit ratings for Pennar Industries' bank facilities: Long Term at CARE A; Stable and Short Term at CARE A1.
Pennar Industries Capital Structure Change
Pennar Industries received final listing and trading approvals from NSE and BSE for 5.50 lakh equity shares issued upon conversion of warrants to its promoter.
- Value
- ₹9.24 Cr
Pennar Industries Annual General Meeting
Pennar Industries Limited conducted its 50th Annual General Meeting on September 24, 2026. Shareholders transacted ordinary business including adoption of audited financial statements and director re-appointment.