Pennar Industries Ltd
About
From being known only as a steel company, Pennar Industries has now diversified into an engineering company with various verticals operating under it. The industries it caters to include buildings and infrastructure, automobiles, oil and gas, heavy engineering, rail transportation, and others. With the support of 13 manufacturing plants across the world, three of which are in the US and France, Pennar offers more than 1000 products such as precision tubes, process heating, hydraulics, pre-engineered buildings, and engineering services. Its manufacturing facilities in India are located in Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh, among others. Through its subsidiaries—Pennar Global Inc., USA, Pennar GMBH, and Pennar Cadnum—Pennar Industries has worked with clients like NTPC, GMR, Hyundai, Godrej, and Kirloskar.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3211 7.3% | 2994 25.4% | 2387 48.4% | 1608 -24.8% | 2138 -1.4% | 2169 17.9% | 1840 11.0% | 1657 19.8% | 1383 4.5% | 1324 11.8% | 1184 2.2% | 1159 -10.0% | 1288 2.7% | 1254 46.6% | 856 30.2% | 657 - |
| Net Operating Income (INR Cr) | 3131 8.15% | 2895 27.76% | 2266 48.54% | 1525 -27.59% | 2107 -1.25% | 2133 20.65% | 1768 14.72% | 1541 13.66% | 1356 3.30% | 1313 12.55% | 1166 0.87% | 1156 -8.51% | 1264 0.98% | 1252 51.70% | 825 0.00% | 653 16.61% |
| Profit (INR Cr) | 98 30.4% | 75 80.3% | 42 1546.9% | 3 -95.2% | 53 -20.2% | 66 -25.7% | 89 158.6% | 35 -21.2% | 44 22.1% | 36 38.4% | 26 -38.0% | 42 -32.5% | 62 -16.1% | 74 48.5% | 50 30.7% | 38 - |
| Assets (INR Cr) | 1681 13.4% | 1482 5.2% | 1409 5.3% | 1338 10.2% | 1214 7.2% | 1133 16.0% | 977 11.4% | 876 0.4% | 873 34.3% | 650 13.4% | 573 6.3% | 539 7.6% | 501 12.1% | 447 8.1% | 414 27.2% | 325 - |
| Net Worth (INR Cr) | 877 12.7% | 778 5.8% | 735 5.7% | 696 -0.6% | 700 4.9% | 667 10.5% | 604 26.9% | 476 -3.7% | 494 30.2% | 380 9.8% | 346 11.0% | 312 13.2% | 275 21.1% | 227 32.9% | 171 0.0% | 152 9.0% |
| Employee Cost (INR Cr) | 313 0.6% | 311 47.6% | 211 53.0% | 138 -14.9% | 162 5.8% | 153 24.6% | 123 15.1% | 107 14.1% | 93 19.4% | 78 11.3% | 70 15.2% | 61 15.5% | 53 26.5% | 42 30.2% | 32 52.9% | 21 - |
| Interest Cost (INR Cr) | 115 | 91 | 78 | 80 | 83 | 75 | 67 | 62 | 38 | 36 | 26 | 31 | 31 | 24 | 17 | 20 |
| Cash & Bank Balance (INR Cr) | 142 | 173 | 87 | 55 | 59 | 38 | 50 | 78 | 171 | 17 | 19 | 41 | 20 | 17 | 18 | 7 |
| Total Debt (INR Cr) | 785 | 685 | 646 | 618 | 490 | 445 | 355 | 299 | 267 | 195 | 156 | 163 | 174 | 169 | 192 | 127 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.1% | 2.5% | 1.8% | 0.2% | 2.5% | 3.1% | 4.9% | 2.1% | 3.2% | 2.7% | 2.2% | 3.6% | 4.8% | 5.9% | 5.8% | 5.8% |
| Profit As % Of Assets | 5.9% | 5.1% | 3.0% | 0.2% | 4.4% | 5.9% | 9.2% | 3.9% | 5.0% | 5.5% | 4.5% | 7.8% | 12.4% | 16.5% | 12.0% | 11.7% |
| Profit As % Of Networth | 11.2% | 9.7% | 5.7% | 0.4% | 7.6% | 10.0% | 14.8% | 7.3% | 8.9% | 9.5% | 7.5% | 13.4% | 22.5% | 32.5% | 29.1% | 25.1% |
| Interest Cost to EBITDA % | 42.3% | 41.2% | 45.7% | 85.8% | 49.4% | 43.4% | 32.7% | 40.4% | 26.0% | 31.0% | 29.5% | 27.6% | 21.4% | 15.5% | 15.1% | 24.3% |
| Debt to Equity Ratio | 0.90 | 0.88 | 0.88 | 0.89 | 0.70 | 0.67 | 0.59 | 0.63 | 0.54 | 0.51 | 0.45 | 0.52 | 0.63 | 0.74 | 1.12 | 0.84 |
| RONW | 11.9% | 10.0% | 5.9% | -1.8% | 7.8% | 10.5% | 16.8% | 10.3% | 13.3% | 11.9% | 9.0% | 14.7% | 24.8% | 36.6% | 28.1% | 26.2% |
| ROCE | 15.6% | 13.1% | 9.8% | 5.0% | 12.5% | 16.3% | 23.2% | 17.6% | 19.6% | 18.8% | 14.6% | 20.4% | 29.7% | 36.9% | 27.2% | 26.2% |