Pennar Industries Ltd.

BSE: PENIND513228ISIN INE932A01024

Industrials
Industrial Products
BSE Industrials

Share price

₹160.20+4.80 (+3.09%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹279.80
52W low: ₹128.90
Off 52W high: -42.74%
1M return: -10.28%
3M return: -3.38%
6M return: -5.74%
1Y return: -41.66%
20D avg volume: 22,069
50 DMA: ₹168.80
200 DMA: ₹162.96

Key ratios Consolidated

Market cap: ₹2,171 Cr
Current price: ₹160.20
52W high / low: ₹279.80 / ₹128.90
Face value: ₹5.00
P/E: 15.26
P/B: 1.86
EPS (TTM): ₹10.50
Book value / share: ₹86.20
ROE: —
ROCE: 20.20%
Operating margin: —
Net margin: —
Debt / equity: 0.98
Net debt: ₹935.95 Cr
Interest cover: 2.31
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 85.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	870.42	924.80	943.06	906.56	845.67	905.80	839.72	747.61	733.45	822.80	744.75	814.13
	14.13	8.90	15.96	13.04	8.33	7.25	6.73	5.92	7.44	16.48	6.13	5.91
	884.55	933.70	959.02	919.60	854.00	913.05	846.45	753.53	740.89	839.28	750.88	820.04
	837.75	878.46	915.96	878.66	813.84	865.91	806.67	717.48	705.46	800.11	717.81	790.31
	529.63	506.90	477.63	604.74	510.95	522.85	517.09	464.89	441.68	496.98	444.31	515.48
	13.79	23.15	80.29	4.73	4.52	5.93	4.84	11.25	5.57	7.36	7.31	9.91
	107.32	96.30	107.35	95.95	92.51	89.58	89.95	81.02	75.99	80.15	71.63	77.67
	36.37	34.30	33.97	34.11	35.14	33.61	31.26	27.69	27.04	26.17	31.47	29.87
	23.62	24.52	21.51	19.38	18.82	17.65	17.26	17.44	16.54	15.97	17.55	16.56
	181.62	221.41	191.01	183.91	181.59	202.47	151.31	156.53	144.29	159.54	145.02	163.61
	46.80	55.24	43.06	40.94	40.16	47.14	39.78	36.05	35.43	39.17	33.07	29.73
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	46.80	55.24	43.06	40.94	40.16	47.14	39.78	36.05	35.43	39.17	33.07	29.73
	11.30	14.12	9.36	8.78	8.20	11.42	9.32	9.18	9.03	10.36	7.70	7.37
	35.41	41.04	33.55	32.28	31.96	35.72	30.46	26.87	26.40	28.81	25.37	22.36
	2.62	3.04	2.49	2.39	2.37	2.64	2.25	1.99	1.96	2.12	1.88	1.67
Key metrics
	106.79	114.06	98.54	94.43	94.12	98.40	88.30	81.18	79.01	81.31	82.09	76.16
	12.30%	12.30%	10.40%	10.40%	11.10%	10.90%	10.50%	10.90%	10.80%	9.90%	11.00%	9.40%
	4.10%	4.40%	3.60%	3.60%	3.80%	3.90%	3.60%	3.60%	3.60%	3.50%	3.40%	2.70%
	—	5.70%	—	5.40%	—	6.30%	—	—	—	—	—	—
	2.90%	2.10%	12.30%	21.30%	15.30%	10.10%	12.80%	-8.20%	—	—	—	—
	10.80%	14.90%	10.10%	20.10%	21.10%	24.00%	20.10%	20.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,645	3,620	3,227	3,131	2,895	2,266
	52.03	46.23	36.69	40.31	33.43	17.06
	3,697	3,666	3,263	3,171	2,928	2,283
	3,511	3,487	3,105	3,039	2,830	2,227
	2,119	2,100	1,947	1,949	1,766	1,298
	121.96	112.69	27.59	29.01	101.16	208.32
	406.92	392.11	336.54	309.97	310.31	208.45
	138.75	137.52	119.60	115.36	91.21	78.38
	89.03	84.23	68.89	66.50	64.97	54.13
	777.95	777.75	663.95	609.91	561.72	484.35
	186.04	179.57	158.40	131.42	98.44	55.91
	0.00	0.00	0.00	0.00	0.00	0.00
	186.04	179.57	158.40	131.42	98.44	55.91
	43.56	40.46	38.95	33.07	23.01	14.00
	142.28	138.83	119.45	98.35	75.43	41.91
	10.54	10.29	8.84	7.29	5.49	2.94
Key metrics
	413.82	401.32	346.89	313.28	254.62	188.42
	11.35%	11.10%	10.80%	10.00%	8.80%	8.30%
	3.90%	3.80%	3.70%	3.10%	2.60%	1.80%
	—	20.20%	21.80%	—	—	—
	9.17%	12.20%	3.10%	8.20%	27.80%	—
	13.81%	16.20%	21.50%	30.40%	80.00%	—
	—	-126.15	129.83	—	—	—
	—	1.46	2.14	—	—	—
	—	0.98	0.78	—	—	—
	—	935.95	633.75	—	—	—
	—	85.0	72.2	—	—	—
Balance sheet
	—	3,551	2,954	—	—	—
	—	2,244	1,906	—	—	—
	—	205.57	141.37	—	—	—
	—	731.46	580.38	—	—	—
	—	1,010	935.33	—	—	—
	—	158.75	114.47	—	—	—
	—	937.53	833.07	—	—	—
	—	899.12	877.43	—	—	—
	—	1,983	1,678	—	—	—
	—	1,142	775.12	—	—	—
	—	814.53	569.26	—	—	—
	—	326.99	205.86	—	—	—
	—	1,163	999.60	—	—	—
Cash flow
	—	202.12	255.98	—	—	—
	—	-349.30	-104.97	—	—	—
	—	211.07	-100.39	—	—	—
	—	328.27	126.15	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	569.46	671.69	715.71	705.17	655.18	721.30	654.24	600.20	602.43	659.38	584.66	633.83
	12.50	7.69	14.91	11.93	7.14	6.22	5.41	4.60	3.10	12.71	5.87	6.21
	581.96	679.38	730.62	717.10	662.32	727.52	659.65	604.80	605.53	672.09	590.53	640.04
	553.31	641.08	699.57	684.81	634.37	692.39	628.80	574.38	580.59	648.02	569.77	622.50
	335.90	372.65	354.26	482.40	408.47	427.43	411.27	388.19	369.60	402.96	362.10	409.44
	5.76	18.86	80.59	9.62	4.03	5.80	2.92	3.77	4.95	3.45	6.89	5.84
	47.22	38.59	50.88	45.94	48.65	46.11	45.64	44.03	41.32	41.36	36.66	40.17
	33.99	31.35	32.10	33.87	34.96	32.91	30.59	26.65	26.81	25.92	30.95	29.75
	16.08	17.10	15.28	15.60	15.46	14.20	13.95	13.79	13.76	13.36	14.88	14.00
	149.30	186.45	157.82	156.00	153.47	175.07	131.36	142.75	127.34	153.99	123.02	149.29
	28.65	38.30	31.05	32.29	27.95	35.13	30.85	30.42	24.94	24.07	20.76	17.54
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	28.65	38.30	31.05	32.29	27.95	35.13	30.85	30.42	24.94	24.07	20.76	17.54
	7.00	9.74	6.50	6.60	5.36	7.49	7.91	7.76	6.38	6.23	5.41	4.35
	21.65	28.56	24.55	25.69	22.59	27.64	22.94	22.66	18.56	17.84	15.35	13.19
	1.60	2.11	1.82	1.91	1.67	2.05	1.70	1.67	1.38	1.32	1.14	0.97
Key metrics
	78.72	86.75	78.43	81.76	78.37	82.24	75.39	70.86	65.51	63.35	66.59	61.29
	13.80%	12.90%	11.00%	11.60%	12.00%	11.40%	11.50%	11.80%	10.90%	9.60%	11.40%	9.70%
	3.80%	4.30%	3.40%	3.60%	3.40%	3.80%	3.50%	3.80%	3.10%	2.70%	2.60%	2.10%
	—	5.40%	—	5.70%	—	5.90%	—	—	—	—	—	—
	-13.10%	-6.90%	9.40%	17.50%	8.80%	9.40%	11.90%	-5.30%	—	—	—	—
	-4.20%	3.30%	7.00%	13.40%	21.70%	54.90%	49.40%	71.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,662	2,748	2,578	2,458	2,288	1,995
	47.03	41.67	28.68	37.72	37.27	18.65
	2,709	2,789	2,607	2,495	2,326	2,013
	2,579	2,660	2,486	2,416	2,266	1,968
	1,545	1,618	1,596	1,576	1,544	1,284
	114.83	113.10	17.44	18.59	13.76	23.52
	182.63	184.06	177.10	158.06	153.74	150.48
	131.31	132.28	116.96	114.02	89.43	75.08
	64.06	63.44	55.70	56.10	55.98	50.34
	649.57	653.74	585.87	551.28	490.64	459.61
	130.29	129.59	121.34	79.78	59.58	45.65
	0.00	0.00	0.00	—	—	—
	130.29	129.59	121.34	79.78	59.58	45.65
	29.84	28.20	29.54	20.51	15.38	11.49
	100.45	101.39	91.80	59.27	44.20	34.16
	7.44	7.51	6.80	4.39	3.22	2.40
Key metrics
	325.66	325.31	294.00	249.90	204.99	171.07
	12.23%	11.80%	11.40%	10.20%	9.00%	8.60%
	3.77%	3.70%	3.60%	2.40%	1.90%	1.70%
	—	20.10%	20.80%	—	—	—
	1.18%	6.60%	4.90%	7.40%	14.70%	—
	4.82%	10.40%	54.90%	34.10%	29.40%	—
	—	14.30	61.97	—	—	—
	—	1.83	1.85	—	—	—
	—	1.03	0.88	—	—	—
	—	939.77	757.48	—	—	—
	—	98.6	85.1	—	—	—
Balance sheet
	—	3,073	2,697	—	—	—
	—	1,942	1,705	—	—	—
	—	72.33	16.61	—	—	—
	—	613.86	527.21	—	—	—
	—	958.41	907.70	—	—	—
	—	130.13	108.37	—	—	—
	—	714.17	751.98	—	—	—
	—	829.56	833.18	—	—	—
	—	1,773	1,552	—	—	—
	—	1,012	774.09	—	—	—
	—	744.56	568.71	—	—	—
	—	267.54	205.38	—	—	—
	—	979.20	877.49	—	—	—
Cash flow
	—	185.67	169.43	—	—	—
	—	-227.26	-66.20	—	—	—
	—	97.31	-92.02	—	—	—
	—	171.37	107.46	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +6.29%
Sales CAGR 5Y: —
Profit CAGR 3Y: +31.88%
Profit CAGR 5Y: —
Sales YoY (TTM): +1.18%
Profit YoY (TTM): +4.82%

Consolidated

Sales CAGR 3Y: +7.74%
Sales CAGR 5Y: —
Profit CAGR 3Y: +22.55%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.17%
Profit YoY (TTM): +13.81%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 39.91%

Quarter	September 2026	June 2026
Promoter %	39.91%	39.68%

Holder	Type	Holding	Previous	Change
PENNAR HOLDINGS PRIVATE LIMITED	Promoter	15.91%	15.57%	+0.34%
ADITYA NARSING RAO	Promoter	6.64%	6.67%	-0.03%
BANDHAN SMALL CAP FUND	Public	5.79%	5.73%	+0.06%
J. RAJYALAKSHMI	Promoter	5.12%	5.14%	-0.02%
JOGINAPALLY VENKATA NRUPENDER RAO	Promoter	4.44%	4.45%	-0.01%
J. AVANTI RAO	Promoter	1.77%	1.78%	-0.01%
DANAPUNENI SUDEEPTA RAO	Promoter Group	1.37%	1.38%	-0.01%
SOUTHEND SECURITIES PRIVATE LIMITED	Public	1.36%	1.36%	0.00%
JAYANTHI PULJAL	Promoter	1.32%	1.33%	-0.01%
KALPANA PULJAL	Promoter	1.29%	1.30%	-0.01%
BHAVANA PULJAL	Promoter	1.25%	1.26%	-0.01%
AJAY KUMAR AGGARWAL	Public	1.01%	1.01%	0.00%
ZEN SECURITIES LTD	Public	1.00%	1.01%	-0.01%
JOGINAPALLY NRUPENDER RAO HUF	Promoter	0.49%	0.49%	0.00%
LAVANYAKUMAR RAO KONDAPALLY	Promoter Group	0.13%	0.13%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
INDO-MIM Limited	61,335	1,240.40	—	—	—	—	—
Aditya Infotech Limited	49,092	4,003.35	102.86	26.00%	—	—	+202.77%
Syrma SGS Technology Limited	29,119	1,510.10	63.38	14.80%	+62.42% TTM	+90.86% TTM	+92.49%
Zetwerk Manufacturing Businesses Limited	27,998	165.25	-28.27 FY26	6.71% Q1 FY27	+40.43% FY26	—	—
Honeywell Automation India Ltd. S	26,304	29,750.35	46.53	15.70%	+5.29% TTM	+9.54% TTM	-19.09%
Jyoti CNC Automation Limited	23,514	1,033.95	76.15	22.00%	+17.61% TTM	-10.78% TTM	+10.01%
KAYNES TECHNOLOGY INDIA LIMITED	22,352	3,325.10	64.66	12.00%	+34.85% TTM	+8.89% TTM	-49.97%
LMW Limited	18,543	17,357.75	90.41	5.90%	+19.37% TTM	+71.62% TTM	+9.94%
Tega Industries Limited	13,632	1,814.45	-14,687.86	6.10%	+84.88% TTM	-100.47% TTM	-6.81%
LLOYDS ENGINEERING WORKS LIMITED	12,845	82.98	53.81	12.30%	+82.99% TTM	+70.53% TTM	+38.32%
Bonfiglioli Transmissions Limited	12,422	660.75	—	—	—	—	—
Dynamatic Technologies Ltd.	8,595	12,655.05	202.56	9.20%	+17.28% TTM	+0.02% TTM	+49.53%
STANDARD ENGINEERING TECHNOLOGY LIMITED	8,333	417.70	93.99	14.70%	—	—	+133.94%
Kennametal India Limtied S	8,317	3,784.30	42.43	—	+29.08% TTM	+90.48% TTM	+80.46%
Omnitech Engineering Limited	8,215	664.25	—	18.30%	—	—	—
HMT Limited	8,132	54.44	-49.29	3.20%	+8.82% TTM	+6.28% TTM	-1.86%
Raymond Limited	7,637	1,147.10	93.20	-0.50%	-5.56% TTM	-98.52% TTM	+100.56%
Spectrum Electrical Industries Limited	7,293	4,268.25	126.77	16.30%	—	—	+190.47%
GMM Pfaudler Ltd.	5,943	1,322.00	87.49	9.00%	+13.91% TTM	+71.89% TTM	+3.00%
Lohia Corp Limited	5,726	541.95	—	—	—	—	—
Praj Industries Ltd.	4,691	255.20	137.98	4.90%	+1.76% TTM	-67.78% TTM	-24.66%
HD Fire Protect Limited	4,651	265.40	—	—	—	—	—
TEMPSENS INSTRUMENTS (INDIA) LIMITED	4,545	542.20	—	—	+37.74% FY25	+52.86% FY25	—
DEE DEVELOPMENT ENGINEERS LIMITED	4,287	569.75	53.51	14.50%	+40.01% TTM	+49.51% TTM	+131.18%
Shanthi Gears Ltd. S	3,802	495.65	65.56	22.90%	-14.22% TTM	-37.57% TTM	+5.08%
Pennar Industries Ltd.	2,171	160.20	15.26	20.20%	+9.17% TTM	+13.81% TTM	-41.66%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Pennar Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Notice of Board Meeting ....4 Nov 2026 · Board Meeting / Board Meeting
intimation regarding change in corporate office address of Registrar and Share Transfer Agent4 Nov 2026 · Company Update / General
Intimation under Reg 30 of SEBI (LODR), 2015 - Credit Rating8 Oct 2026 · Company Update / Credit Rating
Commpliance Certificate 74(5) of SEBI (DP) Regulations, 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of receipt of Trading approval form BSE Limited and National Stock Exchange of India Limited.28 Sep 2026 · Company Update / General
Closure of Trading Window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Scrutinizer Report and voting results24 Sep 2026 · AGM/EGM / AGM
Proceedings of the 50th AGM held on September 24, 202624 Sep 2026 · AGM/EGM / AGM
Publication of Newspaper Advertisement3 Sep 2026 · Company Update / Newspaper Publication
Annual Report 2025-262 Sep 2026 · Others / Reg. 34 (1) Annual Report
Business Responsiblity and Sustainability Report for the Financial Year 2025-262 Sep 2026 · Company Update / General
E-Voting and Cut-Off Dates for the 50th AGM2 Sep 2026 · Company Update / General
Annual Report 2025-20262 Sep 2026 · Company Update / General
Notice for 50th AGM of the Company to be held on 24th September, 20262 Sep 2026 · AGM/EGM / AGM
Publication of newspaper advertisement1 Sep 2026 · Company Update / Newspaper Publication
Disclosure under Reg 30 of SEBI (LODR) Reg, 201527 Aug 2026 · Company Update / General
Earnings Call transcript14 Aug 2026 · Company Update / Earnings Call Transcript
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Recording of Conference Call13 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication13 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation13 Aug 2026 · Company Update / Investor Presentation
Investor Presentation13 Aug 2026 · Company Update / Investor Presentation
Press Release12 Aug 2026 · Company Update / Press Release / Media Release
Statement of Deviation or variation under reg 32 of SEBI LODR12 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Outcome of Board Meeting12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of schedule of Investor/Analyst conference call7 Aug 2026 · Company Update / Analyst / Investor Meet
Pennar Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Intimation of Board Meeting ....4 Aug 2026 · Board Meeting / Board Meeting
Intimation under reg 30 of SEBI(LODR) Reg, 201514 Jul 2026 · Company Update / Allotment of Equity Shares
Certificate under Reg 74(5) of SEBI (DP) Regulations, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of Trading Window Closure26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 18, 2026 for Aditya Narsing Rao19 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
Announcement under Regulation 30 of the SEBI (LODR) Regulations, 201518 Jun 2026 · Company Update / General
Intimation of receipt of the In-Principle approval from National Stock Exchange of India Limited and BSE Limited for issue of Convertible Equity Warrants to Promoter category on a preferential basis.12 Jun 2026 · Company Update / General
Transcript of the Q4 FY26 Results conference call hosted on 27th May, 202629 May 2026 · Company Update / Analyst / Investor Meet
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Recording of Conference Call27 May 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication27 May 2026 · Company Update / Newspaper Publication
Investor Presentation27 May 2026 · Company Update / Investor Presentation
The detail regarding making of Investment in ZAP91 Solar India Private Limited a joint Venture Company is attached in Annexure-A.27 May 2026 · Company Update / General
Press Release26 May 2026 · Company Update / Press Release / Media Release
Financials for the period ended 31st March, 202626 May 2026 · Result / Financial Results
Outcome of Board Meeting held on 26th May, 202626 May 2026 · Board Meeting / Outcome of Board Meeting

Board meetings

12 Aug 2026 Board Meeting - Financial Results