Pilani Investment & Industries Corporation Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 7, 2025, 11:05 am

Market Cap	4,235 Cr.
Current Price	3,825
High / Low	8,266/0.00
Stock P/E	27.3
Book Value	15,532
Dividend Yield	0.41 %
ROCE	2.01 %
ROE	1.29 %
Face Value	10.0
PEG Ratio	2.75

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Pilani Investment & Industries Corporation Ltd

Competitors of Pilani Investment & Industries Corporation Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
My Money Securities Ltd	35.8 Cr.	21.3	69.2/0.00	3.44	18.5	0.00 %	12.0 %	11.3 %	10.0
Nam Securities Ltd	51.2 Cr.	95.0	198/94.4	183	21.2	0.00 %	4.16 %	3.05 %	10.0
ICDS Ltd	49.0 Cr.	41.0	76.2/32.5	55.7	22.2	0.00 %	9.12 %	7.69 %	10.0
HCKK Ventures Ltd	58.2 Cr.	157	157/77.4	277	11.6	0.00 %	8.17 %	6.44 %	10.0
Ujjivan Financial Services Ltd	7,179 Cr.	590	593/463	8.75	299	0.59 %	10.3 %	32.1 %	10.0
Industry Average	19,297.43 Cr	1,406.42		44.62	4,322.74	0.54%	11.00%	14.73%	7.89

All Competitor Stocks of Pilani Investment & Industries Corporation Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	52	53	60	112	52	54	55	107	62	63	62	123	61
Expenses	1	4	2	1	1	3	2	2	5	1	2	2	5
Operating Profit	51	49	58	111	51	51	53	104	57	62	60	121	56
OPM %	98%	93%	97%	99%	97%	95%	96%	98%	92%	98%	97%	98%	93%
Other Income	0	0	0	0	0	1	0	0	0	0	0	2	1
Interest	13	14	17	19	13	16	16	17	19	22	20	20	20
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	37	35	41	92	38	37	36	87	38	40	40	103	37
Tax %	25%	26%	26%	29%	13%	26%	25%	26%	27%	25%	25%	25%	28%
Net Profit	33	54	45	89	36	75	25	54	56	31	33	78	13
EPS in Rs	29.69	49.14	41.07	80.68	32.56	67.81	22.85	48.95	50.14	28.40	29.36	70.18	12.08

Last Updated: February 28, 2025, 5:52 pm

Below is a detailed analysis of the quarterly data for Pilani Investment & Industries Corporation Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹61.00 Cr.. The value appears to be declining and may need further review. It has decreased from 123.00 Cr. (Sep 2024) to ₹61.00 Cr., marking a decrease of 62.00 Cr..
For Expenses, as of Dec 2024, the value is ₹5.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Sep 2024) to ₹5.00 Cr., marking an increase of ₹3.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹56.00 Cr.. The value appears to be declining and may need further review. It has decreased from 121.00 Cr. (Sep 2024) to ₹56.00 Cr., marking a decrease of 65.00 Cr..
For OPM %, as of Dec 2024, the value is 93.00%. The value appears to be declining and may need further review. It has decreased from 98.00% (Sep 2024) to 93.00%, marking a decrease of 5.00%.
For Other Income, as of Dec 2024, the value is ₹1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Sep 2024) to ₹1.00 Cr., marking a decrease of 1.00 Cr..
For Interest, as of Dec 2024, the value is ₹20.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 20.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹37.00 Cr.. The value appears to be declining and may need further review. It has decreased from 103.00 Cr. (Sep 2024) to ₹37.00 Cr., marking a decrease of 66.00 Cr..
For Tax %, as of Dec 2024, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2024) to 28.00%, marking an increase of 3.00%.
For Net Profit, as of Dec 2024, the value is ₹13.00 Cr.. The value appears to be declining and may need further review. It has decreased from 78.00 Cr. (Sep 2024) to ₹13.00 Cr., marking a decrease of 65.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 12.08. The value appears to be declining and may need further review. It has decreased from ₹70.18 (Sep 2024) to 12.08, marking a decrease of ₹58.10.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:21 am

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	178	45	32	28	35	30	25	126	199	258	279	286	309
Expenses	2	3	6	6	4	4	3	11	7	7	7	10	9
Operating Profit	175	43	26	22	31	26	22	115	191	250	272	276	300
OPM %	99%	94%	80%	78%	90%	87%	87%	91%	96%	97%	98%	96%	97%
Other Income	0	3	0	0	0	-2	0	0	1	0	1	0	2
Interest	0	0	0	0	0	0	19	43	52	59	65	74	81
Depreciation	0	0	0	0	1	1	0	0	0	0	0	0	0
Profit before tax	175	45	26	22	30	23	3	72	140	191	208	202	220
Tax %	20%	8%	7%	6%	9%	12%	-294%	25%	24%	24%	25%	26%
Net Profit	128	-61	-35	10	43	20	2,017	175	97	201	246	166	155
EPS in Rs	114.93	-55.12	-31.52	8.79	38.50	120.69	1,817.32	157.61	87.30	181.91	222.11	150.34	140.02
Dividend Payout %	16%	-32%	-57%	203%	46%	15%	1%	11%	17%	8%	7%	10%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-147.66%	42.62%	128.57%	330.00%	-53.49%	9985.00%	-91.32%	-44.57%	107.22%	22.39%	-32.52%
Change in YoY Net Profit Growth (%)	0.00%	190.28%	85.95%	201.43%	-383.49%	10038.49%	-10076.32%	46.75%	151.79%	-84.83%	-54.91%

Pilani Investment & Industries Corporation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	20%
5 Years:	63%
3 Years:	13%
TTM:	11%

Compounded Profit Growth
10 Years:	17%
5 Years:	-39%
3 Years:	20%
TTM:	-26%

Stock Price CAGR
10 Years:	%
5 Years:	28%
3 Years:	28%
1 Year:	3%

Return on Equity
10 Years:	5%
5 Years:	2%
3 Years:	2%
Last Year:	1%

Last Updated: Unknown

Balance Sheet

Last Updated: January 13, 2025, 3:03 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	8	8	8	8	8	8	8	8	11	11	11	11	11
Reserves	1,339	1,252	1,190	1,172	1,211	5,875	5,100	5,103	9,838	11,091	11,158	14,596	17,187
Borrowings	2	2	2	2	2	0	245	420	810	1,066	736	949	975
Other Liabilities	25	26	27	29	3	14	22	115	391	542	511	893	1,573
Total Liabilities	1,374	1,288	1,226	1,211	1,224	5,897	5,375	5,646	11,050	12,711	12,416	16,449	19,745
Fixed Assets	3	3	3	3	3	5	5	5	4	4	4	4	4
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	1,263	1,213	1,146	1,191	1,212	5,886	5,363	4,186	9,001	10,376	10,274	14,015	17,375
Other Assets	108	72	78	17	9	6	7	1,455	2,045	2,331	2,138	2,430	2,367
Total Assets	1,374	1,288	1,226	1,211	1,224	5,897	5,375	5,646	11,050	12,711	12,416	16,449	19,745

Below is a detailed analysis of the balance sheet data for Pilani Investment & Industries Corporation Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹11.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹11.00 Cr..
For Reserves, as of Sep 2024, the value is ₹17,187.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹14,596.00 Cr. (Mar 2024) to ₹17,187.00 Cr., marking an increase of 2,591.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹975.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹949.00 Cr. (Mar 2024) to ₹975.00 Cr., marking an increase of 26.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,573.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹893.00 Cr. (Mar 2024) to ₹1,573.00 Cr., marking an increase of 680.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹19,745.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹16,449.00 Cr. (Mar 2024) to ₹19,745.00 Cr., marking an increase of 3,296.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹4.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Investments, as of Sep 2024, the value is ₹17,375.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹14,015.00 Cr. (Mar 2024) to ₹17,375.00 Cr., marking an increase of 3,360.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹2,367.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹2,430.00 Cr. (Mar 2024) to ₹2,367.00 Cr., marking a decrease of 63.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹19,745.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹16,449.00 Cr. (Mar 2024) to ₹19,745.00 Cr., marking an increase of 3,296.00 Cr..

Notably, the Reserves (₹17,187.00 Cr.) exceed the Borrowings (975.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	23	28	26	26	16	19	17	-1,388	-442	-100	417	-31
Cash from Investing Activity +	-0	1	-5	-6	8	3	-214	1,283	121	-76	-8	-91
Cash from Financing Activity +	-23	-23	-23	-24	-24	-21	198	108	318	181	-412	122
Net Cash Flow	-0	6	-2	-3	-0	-0	0	4	-3	4	-3	-0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	173.00	41.00	24.00	20.00	29.00	26.00	-223.00	-305.00	-619.00	249.00	-464.00	-673.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	1	3	6	6	3	3	8	2	1	0	1	0
Inventory Days
Days Payable
Cash Conversion Cycle	1	3	6	6	3	3	8	2	1	0	1	0
Working Capital Days	159	279	424	-351	-20	-48	-294	36	-18	-15	-15	-13
ROCE %	14%	3%	2%	2%	3%	1%	0%	2%	2%	2%	2%	2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%
FIIs	0.38%	0.50%	0.54%	0.54%	0.53%	0.53%	0.53%	0.50%	0.47%	0.45%	0.56%	0.35%
DIIs	0.25%	0.24%	0.25%	0.25%	0.25%	0.25%	0.26%	0.25%	0.25%	0.25%	0.39%	0.39%
Public	41.82%	41.71%	41.66%	41.66%	41.67%	41.67%	41.65%	41.70%	41.74%	41.75%	41.51%	41.71%
No. of Shareholders	13,709	13,352	13,373	12,836	12,588	12,167	13,626	13,116	13,415	13,897	14,797	19,332

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	150.34	222.11	181.92	87.30	221.20
Diluted EPS (Rs.)	150.34	222.11	181.92	87.30	221.20
Cash EPS (Rs.)	135.43	141.07	132.44	96.80	68.81
Book Value[Excl.RevalReserv]/Share (Rs.)	13192.60	10087.76	10027.07	8895.19	6462.35
Book Value[Incl.RevalReserv]/Share (Rs.)	13192.60	10087.76	10027.07	8895.19	6462.35
Revenue From Operations / Share (Rs.)	258.58	251.66	232.60	179.45	159.06
PBDIT / Share (Rs.)	249.39	246.43	226.42	173.63	145.52
PBIT / Share (Rs.)	249.19	246.18	226.10	173.22	145.02
PBT / Share (Rs.)	182.09	187.47	172.87	126.17	90.56
Net Profit / Share (Rs.)	135.23	140.82	132.12	96.40	68.31
NP After MI And SOA / Share (Rs.)	150.34	222.11	181.92	87.30	221.20
PBDIT Margin (%)	96.44	97.91	97.34	96.75	91.48
PBIT Margin (%)	96.36	97.81	97.20	96.53	91.17
PBT Margin (%)	70.41	74.49	74.32	70.30	56.93
Net Profit Margin (%)	52.29	55.95	56.80	53.71	42.94
NP After MI And SOA Margin (%)	58.13	88.25	78.20	48.64	139.07
Return on Networth / Equity (%)	1.13	2.20	1.81	0.98	3.42
Return on Capital Employeed (%)	1.67	2.25	2.03	1.80	2.20
Return On Assets (%)	1.01	1.98	1.58	0.87	3.09
Long Term Debt / Equity (X)	0.06	0.03	0.06	0.04	0.00
Total Debt / Equity (X)	0.06	0.06	0.09	0.08	0.08
Asset Turnover Ratio (%)	0.01	0.02	0.02	0.02	0.02
Current Ratio (X)	2555.03	37.27	31.64	27.49	12.85
Quick Ratio (X)	2555.03	37.27	31.64	27.49	12.85
Dividend Payout Ratio (NP) (%)	9.97	6.75	8.24	20.45	11.30
Dividend Payout Ratio (CP) (%)	9.96	6.74	8.23	20.36	11.27
Earning Retention Ratio (%)	90.03	93.25	91.76	79.55	88.70
Cash Earning Retention Ratio (%)	90.04	93.26	91.77	79.64	88.73
Interest Coverage Ratio (X)	3.72	4.20	4.25	3.69	2.67
Interest Coverage Ratio (Post Tax) (X)	3.02	3.40	3.48	3.05	2.25
Enterprise Value (Cr.)	4677.65	2524.42	2939.86	2541.88	1304.07
EV / Net Operating Revenue (X)	16.34	9.06	11.41	12.79	10.37
EV / EBITDA (X)	16.94	9.25	11.73	13.22	11.33
MarketCap / Net Operating Revenue (X)	13.19	6.45	7.30	8.84	7.06
Retention Ratios (%)	90.02	93.24	91.75	79.54	88.69
Price / BV (X)	0.25	0.16	0.16	0.17	0.17
Price / Net Operating Revenue (X)	13.19	6.45	7.30	8.84	7.06
EarningsYield	0.04	0.13	0.10	0.05	0.19

After reviewing the key financial ratios for Pilani Investment & Industries Corporation Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 150.34. This value is within the healthy range. It has decreased from 222.11 (Mar 23) to 150.34, marking a decrease of 71.77.
For Diluted EPS (Rs.), as of Mar 24, the value is 150.34. This value is within the healthy range. It has decreased from 222.11 (Mar 23) to 150.34, marking a decrease of 71.77.
For Cash EPS (Rs.), as of Mar 24, the value is 135.43. This value is within the healthy range. It has decreased from 141.07 (Mar 23) to 135.43, marking a decrease of 5.64.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13,192.60. It has increased from 10,087.76 (Mar 23) to 13,192.60, marking an increase of 3,104.84.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13,192.60. It has increased from 10,087.76 (Mar 23) to 13,192.60, marking an increase of 3,104.84.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 258.58. It has increased from 251.66 (Mar 23) to 258.58, marking an increase of 6.92.
For PBDIT / Share (Rs.), as of Mar 24, the value is 249.39. This value is within the healthy range. It has increased from 246.43 (Mar 23) to 249.39, marking an increase of 2.96.
For PBIT / Share (Rs.), as of Mar 24, the value is 249.19. This value is within the healthy range. It has increased from 246.18 (Mar 23) to 249.19, marking an increase of 3.01.
For PBT / Share (Rs.), as of Mar 24, the value is 182.09. This value is within the healthy range. It has decreased from 187.47 (Mar 23) to 182.09, marking a decrease of 5.38.
For Net Profit / Share (Rs.), as of Mar 24, the value is 135.23. This value is within the healthy range. It has decreased from 140.82 (Mar 23) to 135.23, marking a decrease of 5.59.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 150.34. This value is within the healthy range. It has decreased from 222.11 (Mar 23) to 150.34, marking a decrease of 71.77.
For PBDIT Margin (%), as of Mar 24, the value is 96.44. This value is within the healthy range. It has decreased from 97.91 (Mar 23) to 96.44, marking a decrease of 1.47.
For PBIT Margin (%), as of Mar 24, the value is 96.36. This value exceeds the healthy maximum of 20. It has decreased from 97.81 (Mar 23) to 96.36, marking a decrease of 1.45.
For PBT Margin (%), as of Mar 24, the value is 70.41. This value is within the healthy range. It has decreased from 74.49 (Mar 23) to 70.41, marking a decrease of 4.08.
For Net Profit Margin (%), as of Mar 24, the value is 52.29. This value exceeds the healthy maximum of 10. It has decreased from 55.95 (Mar 23) to 52.29, marking a decrease of 3.66.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 58.13. This value exceeds the healthy maximum of 20. It has decreased from 88.25 (Mar 23) to 58.13, marking a decrease of 30.12.
For Return on Networth / Equity (%), as of Mar 24, the value is 1.13. This value is below the healthy minimum of 15. It has decreased from 2.20 (Mar 23) to 1.13, marking a decrease of 1.07.
For Return on Capital Employeed (%), as of Mar 24, the value is 1.67. This value is below the healthy minimum of 10. It has decreased from 2.25 (Mar 23) to 1.67, marking a decrease of 0.58.
For Return On Assets (%), as of Mar 24, the value is 1.01. This value is below the healthy minimum of 5. It has decreased from 1.98 (Mar 23) to 1.01, marking a decrease of 0.97.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.06. This value is below the healthy minimum of 0.2. It has increased from 0.03 (Mar 23) to 0.06, marking an increase of 0.03.
For Total Debt / Equity (X), as of Mar 24, the value is 0.06. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.06.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.01. It has decreased from 0.02 (Mar 23) to 0.01, marking a decrease of 0.01.
For Current Ratio (X), as of Mar 24, the value is 2,555.03. This value exceeds the healthy maximum of 3. It has increased from 37.27 (Mar 23) to 2,555.03, marking an increase of 2,517.76.
For Quick Ratio (X), as of Mar 24, the value is 2,555.03. This value exceeds the healthy maximum of 2. It has increased from 37.27 (Mar 23) to 2,555.03, marking an increase of 2,517.76.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 9.97. This value is below the healthy minimum of 20. It has increased from 6.75 (Mar 23) to 9.97, marking an increase of 3.22.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 9.96. This value is below the healthy minimum of 20. It has increased from 6.74 (Mar 23) to 9.96, marking an increase of 3.22.
For Earning Retention Ratio (%), as of Mar 24, the value is 90.03. This value exceeds the healthy maximum of 70. It has decreased from 93.25 (Mar 23) to 90.03, marking a decrease of 3.22.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 90.04. This value exceeds the healthy maximum of 70. It has decreased from 93.26 (Mar 23) to 90.04, marking a decrease of 3.22.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.72. This value is within the healthy range. It has decreased from 4.20 (Mar 23) to 3.72, marking a decrease of 0.48.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.02. This value is within the healthy range. It has decreased from 3.40 (Mar 23) to 3.02, marking a decrease of 0.38.
For Enterprise Value (Cr.), as of Mar 24, the value is 4,677.65. It has increased from 2,524.42 (Mar 23) to 4,677.65, marking an increase of 2,153.23.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 16.34. This value exceeds the healthy maximum of 3. It has increased from 9.06 (Mar 23) to 16.34, marking an increase of 7.28.
For EV / EBITDA (X), as of Mar 24, the value is 16.94. This value exceeds the healthy maximum of 15. It has increased from 9.25 (Mar 23) to 16.94, marking an increase of 7.69.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 13.19. This value exceeds the healthy maximum of 3. It has increased from 6.45 (Mar 23) to 13.19, marking an increase of 6.74.
For Retention Ratios (%), as of Mar 24, the value is 90.02. This value exceeds the healthy maximum of 70. It has decreased from 93.24 (Mar 23) to 90.02, marking a decrease of 3.22.
For Price / BV (X), as of Mar 24, the value is 0.25. This value is below the healthy minimum of 1. It has increased from 0.16 (Mar 23) to 0.25, marking an increase of 0.09.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 13.19. This value exceeds the healthy maximum of 3. It has increased from 6.45 (Mar 23) to 13.19, marking an increase of 6.74.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.13 (Mar 23) to 0.04, marking a decrease of 0.09.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Pilani Investment & Industries Corporation Ltd as of March 12, 2025 is: ₹4,393.86

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Pilani Investment & Industries Corporation Ltd is Undervalued by 14.87% compared to the current share price 3,825.00

Intrinsic Value of Pilani Investment & Industries Corporation Ltd as of March 12, 2025 is: 4,829.27

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Pilani Investment & Industries Corporation Ltd is Undervalued by 26.26% compared to the current share price 3,825.00

Last 5 Year EPS CAGR: 9.91%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 10.33, which is a positive sign. The company has higher reserves (6,624.00 cr) compared to borrowings (400.85 cr), indicating strong financial stability. The company has shown consistent growth in sales (140.77 cr) and profit (104.38 cr) over the years.	The stock has a low average ROCE of 2.92%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 2.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Pilani Investment & Industries Corporation Ltd:
1. Net Profit Margin: 52.29%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 1.67% (Industry Average ROCE: 11%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 1.13% (Industry Average ROE: 14.73%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.02
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2555.03
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 27.3 (Industry average Stock P/E: 44.62)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.06
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Pilani Investment and Industries Corporation Ltd. is a Public Limited Listed company incorporated on 01/01/1901 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L24131WB1948PLC095302 and registration number is 095302. Currently Company is involved in the business activities of Activities of holding companies. Company's Total Operating Revenue is Rs. 303.21 Cr. and Equity Capital is Rs. 11.07 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Holding Company	Birla Building, Kolkata West Bengal 700001	pilani@pilaniinvestment.com http://www.pilaniinvestment.com

Management
Name	Position Held
Mrs. Rajashree Birla	Non Executive Chairperson
Mr. A V Jalan	Non Executive Director
Mr. A K Kothari	Independent Director
Mrs. Vanita Bhargava	Independent Director
Mr. D K Mantri	Non Executive Director
Mr. Yazdi P Dandiwala	Independent Director
Mr. Giriraj Maheswari	Independent Director

FAQ

What is the latest intrinsic value of Pilani Investment & Industries Corporation Ltd?

The latest intrinsic value of Pilani Investment & Industries Corporation Ltd as on 09 March 2025 is ₹4393.86, which is 14.87% higher than the current market price of 3,825.00, indicating the stock is undervalued by 14.87%. The intrinsic value of Pilani Investment & Industries Corporation Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹4,235 Cr. and recorded a high/low of ₹8,266/0.00 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹17,187 Cr and total liabilities of ₹19,745 Cr.

What is the Market Cap of Pilani Investment & Industries Corporation Ltd?

The Market Cap of Pilani Investment & Industries Corporation Ltd is 4,235 Cr..

What is the current Stock Price of Pilani Investment & Industries Corporation Ltd as on 09 March 2025?

The current stock price of Pilani Investment & Industries Corporation Ltd as on 09 March 2025 is ₹3,825.

What is the High / Low of Pilani Investment & Industries Corporation Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Pilani Investment & Industries Corporation Ltd stocks is ₹8,266/0.00.

What is the Stock P/E of Pilani Investment & Industries Corporation Ltd?

The Stock P/E of Pilani Investment & Industries Corporation Ltd is 27.3.

What is the Book Value of Pilani Investment & Industries Corporation Ltd?

The Book Value of Pilani Investment & Industries Corporation Ltd is 15,532.

What is the Dividend Yield of Pilani Investment & Industries Corporation Ltd?

The Dividend Yield of Pilani Investment & Industries Corporation Ltd is 0.41 %.

What is the ROCE of Pilani Investment & Industries Corporation Ltd?

The ROCE of Pilani Investment & Industries Corporation Ltd is 2.01 %.

What is the ROE of Pilani Investment & Industries Corporation Ltd?

The ROE of Pilani Investment & Industries Corporation Ltd is 1.29 %.

What is the Face Value of Pilani Investment & Industries Corporation Ltd?

The Face Value of Pilani Investment & Industries Corporation Ltd is 10.0.