Pioneer Investcorp Ltd

BSE: PIONRINV507864ISIN INE746D01014

Financial Services
Other Financial Services

Share price

₹55.99-1.91 (-3.30%)

as of 4 Nov 2026

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

52W high: ₹135.95
52W low: ₹48.50
Off 52W high: -58.82%
1M return: -25.44%
3M return: -34.90%
6M return: -46.16%
1Y return: -16.40%
20D avg volume: 1,918
50 DMA: ₹71.53
200 DMA: ₹95.29

Key ratios Consolidated

Market cap: ₹68.85 Cr
Current price: ₹55.99
52W high / low: ₹135.95 / ₹48.50
Face value: ₹10.00
P/E: 4.39
P/B: —
EPS (TTM): ₹11.61
Book value / share: —
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.61
Net debt: ₹104.84 Cr
Interest cover: 2.20
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	6.70	4.36	11.93	16.78	15.31	10.65	10.23	8.00	8.64	—
	1.67	8.11	0.40	0.24	0.32	5.29	0.67	3.87	0.68	—
	8.37	12.47	12.34	17.02	15.64	15.95	10.90	11.87	9.31	—
	7.60	11.55	7.07	11.48	12.62	12.92	9.36	10.19	7.60	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	4.03	4.59	4.23	4.62	4.25	4.90	3.91	3.95	3.86	—
	2.29	3.69	2.23	2.39	4.02	3.83	3.01	4.10	2.26	—
	0.24	0.26	0.25	0.17	0.17	0.39	0.20	0.23	0.24	—
	1.03	2.56	0.35	3.10	4.19	3.05	1.66	1.90	1.24	—
	0.77	0.92	5.27	5.54	3.01	3.03	1.54	1.68	1.72	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.77	0.92	5.27	5.54	3.01	3.03	1.54	1.68	1.72	—
	0.34	0.85	0.59	1.27	0.80	1.96	—	—	—	—
	1.98	1.69	5.76	4.85	3.61	2.84	1.49	0.28	3.29	—
	1.61	1.37	4.69	3.94	2.31	2.31	1.21	0.23	2.67	—
Key metrics
	—	—	—	—	—	—	4.75	6.01	4.22	—
	—	—	—	—	—	—	46.40%	75.10%	48.80%	—
	29.60%	38.80%	48.30%	28.90%	23.60%	26.70%	14.60%	3.50%	38.10%	—
	-56.20%	-59.10%	16.60%	109.80%	77.20%	—	—	—	—	—
	-45.20%	-40.50%	286.60%	1,632.10%	9.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	39.77	46.89	36.52	—
	10.42	8.14	10.51	—
	50.20	55.04	47.02	—
	37.70	40.30	39.05	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	17.47	16.74	16.63	—
	10.60	12.33	13.20	—
	0.92	0.85	1.06	—
	7.04	10.21	7.85	—
	12.50	14.74	7.97	—
	0.00	0.00	0.00	—
	12.50	14.74	7.97	—
	3.05	3.50	2.79	—
	14.28	15.91	7.89	—
	11.61	12.94	6.42	—
Key metrics
	35.91%	33.90%	21.60%	—
	-10.00%	28.40%	—	—
	73.72%	101.60%	—	—
	—	64.24	-24.66	—
	—	4.25	-3.12	—
	—	0.61	0.90	—
	—	104.84	134.77	—
Balance sheet
	—	417.46	447.28	—
	—	0.55	3.97	—
	—	118.82	133.21	—
	—	52.81	92.66	—
	—	7.57	4.94	—
	—	105.39	138.74	—
	—	171.76	154.06	—
Cash flow
	—	67.65	-24.62	—
	—	-25.32	4.98	—
	—	-45.75	20.96	—
	—	3.41	0.04	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	4.71	2.33	8.73	10.73	12.99	8.77	7.34	6.07	5.59	—
	1.54	7.47	0.01	0.03	0.12	4.24	0.29	3.70	0.51	—
	6.25	9.80	8.74	10.75	13.10	13.01	7.63	9.77	6.11	—
	4.85	7.24	4.72	7.12	9.92	10.47	6.53	8.70	5.31	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.65	2.17	3.28	3.61	3.33	3.77	2.87	2.92	2.83	—
	1.30	3.09	1.20	1.41	2.82	3.26	2.40	4.04	1.48	—
	0.15	0.16	0.20	0.15	0.11	0.31	0.14	0.17	0.17	—
	0.75	1.38	0.05	1.80	3.66	2.54	1.12	1.57	0.83	—
	1.40	2.56	4.02	3.64	3.18	2.54	1.10	1.07	0.79	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	1.40	2.56	4.02	3.64	3.18	2.54	1.10	1.07	0.79	—
	0.36	-0.11	1.01	0.91	0.80	1.75	—	—	—	—
	1.04	2.68	3.01	2.73	2.38	0.79	0.91	0.82	0.64	—
	0.85	2.18	2.44	2.22	2.18	0.64	0.74	0.66	0.52	—
Key metrics
	—	—	—	—	—	—	3.64	5.28	2.44	—
	—	—	—	—	—	—	49.60%	87.00%	43.60%	—
	22.10%	115.00%	34.50%	25.40%	18.30%	9.00%	12.40%	13.50%	11.40%	—
	-63.70%	-73.40%	18.90%	76.80%	132.40%	—	—	—	—	—
	-56.30%	239.20%	230.80%	232.90%	271.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	26.50	34.33	27.30	—
	9.05	6.68	8.75	—
	35.54	41.01	36.05	—
	23.93	27.61	30.55	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	11.71	11.44	12.39	—
	7.00	8.53	11.19	—
	0.66	0.61	0.80	—
	3.98	6.90	6.06	—
	11.62	13.40	5.50	—
	0.00	0.00	0.00	—
	11.62	13.40	5.50	—
	2.17	2.61	2.35	—
	9.46	10.80	3.16	—
	7.69	8.78	2.57	—
Key metrics
	35.70%	31.50%	11.60%	—
	-24.65%	25.80%	—	—
	93.06%	241.80%	—	—
	—	77.08	3.06	—
	—	7.27	0.97	—
	—	0.35	0.74	—
	—	50.67	98.84	—
Balance sheet
	—	206.56	246.24	—
	—	0.29	0.16	—
	—	56.60	56.67	—
	—	3.00	66.48	—
	—	3.84	2.97	—
	—	50.96	99.00	—
	—	144.13	133.22	—
Cash flow
	—	78.56	3.08	—
	—	-21.64	-25.35	—
	—	-56.76	22.29	—
	—	1.48	0.02	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -24.65%
Profit YoY (TTM): +93.06%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -10.00%
Profit YoY (TTM): +73.72%

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: 65.91%

Quarter	September 2026	June 2026
Promoter %	65.91%	65.91%

Holder	Type	Holding	Previous	Change
GAURANG MANHAR GANDHI	Promoter	65.05%	65.05%	0.00%
VSS IRON AND MINERALS PRIVATE LTD	Public	4.68%	4.68%	0.00%
ELYSIAN WEALTH FUND	Public	2.99%	2.99%	0.00%
MAHENDRA GIRDHARILAL WADHWANI	Public	2.33%	2.33%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND A	Public	1.74%	1.74%	0.00%
GANESH KUMAR K AMMANNAYA	Public	1.31%	1.01%	+0.30%
DEVANGAN CONSULTANCY PRIVATE LIMITED	Public	1.10%	1.10%	0.00%
KETAN MANHAR GANDHI	Promoter Group	0.56%	0.56%	0.00%
HEMANG MANHAR GANDHI	Promoter Group	0.30%	0.30%	0.00%
AMI KETAN GANDHI	Promoter Group	0.00%	0.00%	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
CRISIL Ltd.	32,521	4,447.00	36.31	—	+23.83% TTM	+19.56% TTM	-6.93%
RRP SEMICONDUCTOR LIMITED S	10,960	8,044.35	-1,406.35	-48.10%	-125.76% TTM	-220.15% TTM	-2.51%
OnEMI Technology Solutions Limited	5,619	315.45	—	—	—	—	—
ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED	4,035	124.20	11.47 FY26	—	+24.05% FY26	+4.35% FY26	—
COLAB PLATFORMS LIMITED S	2,497	122.40	510.00	22.30%	+99.71% TTM	+34.16% TTM	-35.27%
GYFTR LIMITED S	1,406	183.00	81.09	5.40%	+1,951.89% TTM	+822.34% TTM	-8.70%
Prime Securities Ltd.	1,012	298.00	217.27	—	+14.40% TTM	-87.30% TTM	-1.86%
Centrum Capital Limited	908	18.66	-4.12	14.70%	+0.53% TTM	-141.77% TTM	-43.37%
Wealth First Portfolio Managers Limited	872	818.00	31.61	30.30%	—	—	-26.90%
REGENCY FINCORP LIMITED S	546	63.45	24.54	—	+137.19% TTM	+127.43% TTM	+62.69%
STELLANT SECURITIES (INDIA) LIMITED	521	916.45	—	—	+41.67% TTM	—	+211.45%
THE INVESTMENT TRUST OF INDIA LIMITED	465	89.00	12.60	8.80%	-22.27% TTM	-14.67% TTM	-36.61%
NDL Ventures Limited S	379	112.65	489.78	2.00%	-100.00% TTM	+13.64% TTM	+26.89%
Corporate Merchant Bankers Limited S	304	47.97	228.43	2.20%	-68.94% TTM	-160.85% TTM	-84.12%
GAMCO LIMITED	232	43.00	-7.87	—	—	—	+3.54%
Kartik Investments Trust Ltd. S	195	8,001.00	37.21	67.20%	+9,666.67% TTM	+26,350.00% TTM	—
Jhaveri Credits & Capital Ltd. S	192	173.30	237.82	1.60%	+153.42% TTM	-67.74% TTM	-11.29%
Alacrity Securities Limited S	185	39.68	56.69	10.30%	-5.63% TTM	-71.54% TTM	-32.11%
Shree Salasar Investment Ltd.	181	259.50	8.35	20.10%	+108.98% TTM	+386.52% TTM	+847.08%
LEXORA GLOBAL LIMITED	159	159.40	553.47	3.40%	—	—	-19.37%
Available Finance Ltd.	145	141.85	0.98	—	+7.02% TTM	+38.45% TTM	-8.95%
Maha Rashtra Apex Corporation Ltd	139	49.40	-4.70	0.60%	+144.32% TTM	-194.19% TTM	—
Paul Merchants Ltd.	139	449.50	-14.13	2.20%	-29.47% TTM	-102.91% TTM	-31.74%
DELPHI WORLD MONEY LIMITED S	136	5.55	24.13	3.30%	-18.21% TTM	+620.51% TTM	-59.00%
Reliable Data Services Limited	127	123.05	13.97	13.10%	+37.18% TTM	-17.59% TTM	-9.52%
Pioneer Investcorp Ltd	69	55.99	4.39	—	-10.00% TTM	+73.72% TTM	-16.40%

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

Filings & corporate actions

Recent announcements

In compliance with Regulation 30 & 51 of SEBI (LODR) 2015, please see the credit rating obtained by the company4 Nov 2026 · Company Update / Credit Rating
Pioneer Investcorp Ltdhas 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 1. Standalone and Consolidated ....3 Nov 2026 · Board Meeting / Board Meeting
Certificate under 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the second quarter and half year ended 30th September, 20268 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Combined Voting Result and Scrutinizer Report of the 41st Annual General Meeting held on 30th September, 202630 Sep 2026 · AGM/EGM / AGM
Proceedings of the 41st Annual General Meeting held on 30th September, 2026.30 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window for the approval of Un-Audited Standalone and Consolidated Financial Results for the Second Quarter and Half Year ended 30th September, 2026.24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Post dispatch AGM Notice - Newspaper Advertisement.8 Sep 2026 · Company Update / Newspaper Publication
Book Closure intimation for 41st Annual General Meeting to be held on 30th September, 20267 Sep 2026 · AGM/EGM / AGM
Annual Report for the Financial Year 2025-26.7 Sep 2026 · Others / Reg. 34 (1) Annual Report
In compliance with regulation 30 and 42 of SEBI (Listing Obligation and Disclosure Requirements), Regulation, 2015, please note the details with respect to 41st AGM to be held on 30th September, ....7 Sep 2026 · AGM/EGM / AGM
Pre - AGM Newspaper Advertisement for 41st Annual General Meeting through Video Conferencing/ Other Audio-Visual Means (VC/OAVM) to be held on 30th September, 2026.1 Sep 2026 · Company Update / Newspaper Publication
Intimation for Newspaper Advertisement under Regulation 47(3) of SEBI (LODR) Regulations, 2015.19 Aug 2026 · Company Update / Newspaper Publication
Consolidated and Standalone Financial results for first quarter ended 30th June 202612 Aug 2026 · Result / Financial Results
This is to inform that the Board of Directors of the Company at their meeting held on Wednesday 12th August 2026 has, inter alia, considered and approved the followings items of agenda: 1.Un-Audited ....12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Pioneer Investcorp Ltdhas 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 1.Consider and approve Standalone ....3 Aug 2026 · Board Meeting / Board Meeting
Certificate of compliance under regulation 74 (5) of SEBI (Depositories and Participants) Regualtions, 2018 for the first quater ended 30th June 2026.9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window for approval of Un-Audited Standalone and Consolidated Financial Results for the first quarter ended 30th June 202623 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 7 (2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading ) Regulqation 201519 Jun 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Disclosure under Regulation 7 (2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading Regulation , 2015)18 Jun 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Intimation under Regulation 47(3) of SEBI (LODR) Regulations 20151 Jun 2026 · Company Update / Newspaper Publication
Standalone and Consolidated Financial Results as on 31st March 202630 May 2026 · Result / Financial Results
In compliance with Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of ....30 May 2026 · Board Meeting / Outcome of Board Meeting
Intimation regarding adjournment and continuation of Board meeting29 May 2026 · Company Update / General
Annual Secretarial Compliance report pursuant to Regulation 24(A) of SEBI (LODR) Regulations 2015 for the FY ended 31st March 202629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Pioneer Investcorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve 1. Audited Standalone and ....14 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....22 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the fourth quarter and financial year ended 31st March 2026.10 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure for Acquisition of Additional Shares in Pioneer Insurance and Reinsurance Private Limited pursuant to Regulation 30 of SEBI (LODR) Regulations, 201527 Mar 2026 · Company Update / Acquisition
Intimation of Closure of Trading Window for Approval of Audited Standalone and Consolidated Statements for the fourth quarter and the financial year ended 31st March 202624 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication under Regulation 30 of SEBI (LODR) for the third quarter and nine months ended on 31st December, 2025.13 Feb 2026 · Company Update / Newspaper Publication
Unaudited Standalone and Consolidated Financial results for third quarter and nine months ended on 31st December, 202511 Feb 2026 · Result / Financial Results
In compliance with Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of ....11 Feb 2026 · Board Meeting / Outcome of Board Meeting
Pioneer Investcorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026 ,inter alia, to consider and approve 1. Un-Audited Standalone ....5 Feb 2026 · Board Meeting / Board Meeting
Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the third quarter ended 31st December 202514 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closure of Trading window for approval of Un-audited Standalone and Consolidated Financials results for third quarter ended 31st December 202526 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Newspaper cutting of the the advertisement in relation to Financial results for the second quarter and half year ended 30th September 202517 Nov 2025 · Company Update / Newspaper Publication
Financial Results for second quarter and half year ended 30th September 202514 Nov 2025 · Result / Financial Results
In compliance with Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of ....14 Nov 2025 · Board Meeting / Outcome of Board Meeting
Submitting report as on 30th October 202511 Nov 2025 · Company Update / General
Pioneer Investcorp Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve 1. Un-Audited Standalone ....7 Nov 2025 · Board Meeting / Board Meeting

Board meetings

13 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results