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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Piramal Enterprises Ltd

About the Company - Piramal Enterprises Ltd

Piramal Enterprises Ltd. is a Public Limited Listed company incorporated on 26/04/1947 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24110MH1947PLC005719 and registration number is 005719. Currently Company is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 2225.68 Cr. and Equity Capital is Rs. 47.73 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsPiramal Ananta, Agastya Corporate Park, Mumbai Maharashtra 400070complianceofficer.pel@piramal.com
http://www.piramal.com
Management
NamePosition Held
Mr. Ajay G PiramalChairman
Dr.(Mrs.) Swati A PiramalVice Chairperson
Ms. Nandini PiramalExecutive Director
Mr. Puneet DalmiaIndependent Director
Mr. Anand PiramalNon Executive Director
Mr. Vijay ShahNon Executive Director
Mr. Kunal BahlIndependent Director
Mr. Khushru JijinaExecutive Director
Ms. Anjali BansalIndependent Director
Mr. S RamadoraiIndependent Director
Mr. Shikha SharmaIndependent Director
Mr. N VaghulIndependent Director
Mr. Suhail NathaniIndependent Director
Mr. Anita GeorgeIndependent Director
Mr. Rajiv MehrishiIndependent Director
Mr. Gautam Bhailal DoshiInd. Non-Executive Director

Piramal Enterprises Ltd. Share Price Update

Share PriceValue
Today₹891.95
Previous Day₹890.05

Basic Stock Data of Piramal Enterprises Ltd

Market Cap 20,987 Cr.
Current Price 934
High / Low1,140/630
Stock P/E13.9
Book Value 1,278
Dividend Yield3.34 %
ROCE2.21 %
ROE5.72 %
Face Value 2.00

Data Source: screener.in

Competitors of Piramal Enterprises Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Satin Creditcare Network Ltd 2,789 Cr. 252284/1146.82 1720.00 %8.41 %0.30 % 10.0
Sundaram Finance Ltd 41,302 Cr. 3,7183,941/2,19025.8 9520.73 %8.00 %14.1 % 10.0
Aastamangalam Finance Ltd 42.6 Cr. 47.859.5/24.518.2 39.50.00 %8.37 %7.70 % 10.0
Prime Securities Ltd 594 Cr. 179202/92.329.2 41.20.27 %11.6 %8.35 % 5.00
Cholamandalam Investment & Finance Company Ltd 90,393 Cr. 1,0761,310/71028.2 1880.18 %9.72 %20.4 % 2.00
Industry Average153.92 Cr96.5621.64278.540.24%9.22%10.17%7.4

Piramal Enterprises Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Revenue3,3023,1693,4022,9091,5743,8164,1632,1601,8943,2322,1322,8782,193
Interest1,1561,0129369859111,2941,2371,0441,0009599911,0351,039
Expenses1,3021,2781,6241,3591301,6462,9875793,7832,2381,3181,1651,075
Financing Profit844879841565533876-61538-2,89034-17867779
Financing Margin %26%28%25%19%34%23%-1%25%-153%1%-8%24%4%
Other Income12726327025364344267,787687110244218
Depreciation13914214514914173190252730413738
Profit before tax8321,0019666695251,1371748,301-2,230113-19468259
Tax %24%20%153%20%19%22%14%2%31%-3,024%-1%25%18%
Net Profit628799-5105344268881518,155-1,5363,545-19650948
EPS in Rs27.8634.58-25.3322.6017.5635.824.59341.66-64.36148.53-8.2121.312.14
Gross NPA %2.50%3.40%4.10%4.30%3.70%3.30%3.40%3.70%3.70%4.01%3.76%2.79%2.74%
Net NPA %1.60%1.70%2.10%2.20%1.80%1.80%1.60%1.80%1.30%1.69%1.93%1.47%1.48%

Piramal Enterprises Ltd Quarterly Chart

Piramal Enterprises Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Revenue2,1593,5204,5035,1236,3428,50410,63111,88313,06812,8097,7268,98110,435
Interest2155751,0505119592,0312,9784,1005,3214,2094,2253,9944,025
Expenses2,1603,0863,8554,2334,7514,9975,4715,2646,8015,3381,9847,4345,797
Financing Profit-216-141-4023796311,4752,1822,5199473,2631,516-2,447613
Financing Margin %-10%-4%-9%7%10%17%21%21%7%25%20%-27%6%
Other Income4671582142,9465792172601981,5557549638,560194
Depreciation12921024729025538247740152056174123146
Profit before tax121-193-4353,0359541,3101,9642,3161,9823,4562,4055,991661
Tax %5%-13%-14%11%5%17%-146%37%99%59%17%-66%
Net Profit115-222-5012,8509051,2525,1201,464211,4131,9999,9693,906
EPS in Rs5.47-11.14-24.58139.7044.3561.39250.8170.261.0759.0880.57417.62163.65
Dividend Payout %271%-133%-181%12%33%29%9%35%1,314%56%41%7%

Piramal Enterprises Ltd Profit & Loss Yearly Chart

Piramal Enterprises Ltd Growth

Compounded Sales Growth
10 Years:10%
5 Years:-3%
3 Years:-12%
TTM:-12%
Compounded Profit Growth
10 Years:27%
5 Years:-18%
3 Years:473%
TTM:-36%
Stock Price CAGR
10 Years:12%
5 Years:-6%
3 Years:1%
1 Year:9%
Return on Equity
10 Years:6%
5 Years:4%
3 Years:5%
Last Year:6%

Piramal Enterprises Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital35353535353536374545484845
Reserves11,20810,6899,28711,70112,91414,84826,52627,18730,52633,97335,44131,01128,665
Preference Capital0000000071000
Borrowings2,0477,6889,5527,30616,27930,45144,16156,03742,16839,55755,53949,58349,810
Other Liabilities1,4081,8322,6221,8911,7222,8752,0482,3332,1613,3218,6523,1103,125
Total Liabilities14,69720,24421,49520,93330,94948,20972,77185,59474,90076,89699,68183,75281,645
Fixed Assets1,8285,7096,1917,0657,5259,97310,72611,1976,4157,8609,1333,2633,037
CWIP2613724912773558806474945176361,18860
Investments6,9647,8779,4467,76816,31725,18128,84225,74719,44322,02924,85722,33218,033
Other Assets5,6446,2855,3675,8236,75212,17632,55648,15648,52546,37164,50358,15160,574
Total Assets14,69720,24421,49520,93330,94948,20972,77185,59474,90076,89699,68183,75281,645

Piramal Enterprises Ltd Reserves and Borrowings Chart

The Investment Trust of India Ltd (THEINVEST) Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -685-1,570-1,604-2,207-6,956-10,057-15,967-11,6117,5163,6658,4431,359
Cash from Investing Activity -1,581-1,4951,5356,193-594-2,376-1,747-8207,491-2,766-967-590
Cash from Financing Activity 6403,281126-3,8657,54413,57018,65010,752-13,0192,072-6,774-3,325
Net Cash Flow-1,62621657122-71,138936-1,6791,9882,970702-2,555

Piramal Enterprises Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
ROE %1%-2%-5%4%7%9%25%7%0%4%5%6%

Piramal Enterprises Ltd Financial Efficiency Indicators Chart

Piramal Enterprises Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters46.06%46.06%43.52%43.51%43.49%43.49%43.49%43.48%43.48%43.48%43.48%46.20%
FIIs28.59%29.07%33.27%34.97%35.31%35.03%34.54%32.05%31.25%28.67%26.04%19.69%
DIIs10.54%10.54%9.81%8.42%8.19%8.44%8.13%7.85%8.05%9.59%11.92%12.06%
Public14.05%13.60%12.77%12.58%12.53%12.65%13.47%16.10%16.71%17.75%18.06%21.56%
Others0.75%0.73%0.63%0.52%0.47%0.39%0.36%0.50%0.49%0.49%0.49%0.50%
No. of Shareholders1,43,4291,31,7131,28,5481,34,7371,53,9601,68,2511,84,2702,59,6352,65,2132,68,9462,82,9322,95,109

Piramal Enterprises Ltd Shareholding Pattern Chart

No. of Piramal Enterprises Ltd Shareholders

Piramal Enterprises Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Nippon India Growth Fund16558420.72153.41
Nippon India ELSS Tax Saver Fund12900030.91119.51
Kotak Equity Arbitrage Fund - Regular Plan10717500.3299.29
Nippon India Arbitrage Fund10162500.7994.15
Quant Active Fund7751751.0771.82
Quant Mid Cap Fund7331191.867.92
Edelweiss Arbitrage Fund5595000.6851.83
HDFC Arbitrage Fund - Regular Plan5370000.6249.75
HDFC Arbitrage Fund - Wholesale Plan5370000.6249.75
Quant ELSS Tax Saver Fund5246570.8748.61

Piramal Enterprises Ltd ROCE Trend

Piramal Enterprises Ltd EPS Trend

Piramal Enterprises Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)417.6880.7056.191.1472.20
Diluted EPS (Rs.)416.3080.7055.681.1471.90
Cash EPS (Rs.)406.5784.2972.502.3083.78
Book Value[Excl.RevalReserv]/Share (Rs.)1301.451543.551490.211287.711294.08
Book Value[Incl.RevalReserv]/Share (Rs.)1301.451543.551490.211287.711294.08
Revenue From Operations / Share (Rs.)374.37586.35567.92579.40644.22
PBDIT / Share (Rs.)69.26300.45347.06299.64389.02
PBIT / Share (Rs.)64.11272.56322.19276.58367.31
PBT / Share (Rs.)234.7377.80138.2140.68120.49
Net Profit / Share (Rs.)401.4256.4047.64-20.7762.06
NP After MI And SOA / Share (Rs.)417.7180.5859.071.0779.54
PBDIT Margin (%)18.5051.2461.1151.7160.38
PBIT Margin (%)17.1246.4856.7347.7357.01
PBT Margin (%)62.7013.2624.337.0218.70
Net Profit Margin (%)107.229.618.38-3.589.63
NP After MI And SOA Margin (%)111.5713.7410.400.1812.34
Return on Networth / Equity (%)32.095.414.100.086.14
Return on Capital Employeed (%)2.478.0111.3912.1712.42
Return On Assets (%)11.901.921.720.031.71
Long Term Debt / Equity (X)0.961.230.860.691.13
Total Debt / Equity (X)1.591.560.960.971.79
Asset Turnover Ratio (%)0.070.040.030.030.06
Current Ratio (X)3.581.301.490.680.39
Quick Ratio (X)3.581.221.390.630.36
Inventory Turnover Ratio (X)0.000.380.570.191.35
Dividend Payout Ratio (NP) (%)7.9040.9523.692316.9730.77
Dividend Payout Ratio (CP) (%)7.8030.4216.67102.2824.17
Earning Retention Ratio (%)92.1059.0576.31-2216.9769.23
Cash Earning Retention Ratio (%)92.2069.5883.33-2.2875.83
Interest Coverage Ratio (X)0.411.601.861.271.75
Interest Coverage Ratio (Post Tax) (X)1.381.341.240.801.44
Enterprise Value (Cr.)60907.01101809.1765071.8544659.6792512.39
EV / Net Operating Revenue (X)6.827.285.083.427.79
EV / EBITDA (X)36.8514.208.316.6112.89
MarketCap / Net Operating Revenue (X)1.813.733.081.624.28
Retention Ratios (%)92.0959.0476.30-2216.9769.22
Price / BV (X)0.521.471.220.722.13
Price / Net Operating Revenue (X)1.813.733.081.624.28
EarningsYield0.610.030.030.000.02

Piramal Enterprises Ltd Profitability Ratios (%)

Piramal Enterprises Ltd Liquidity Ratios

Piramal Enterprises Ltd Liquidity Ratios (%)

Piramal Enterprises Ltd Interest Coverage Ratios (%)

Piramal Enterprises Ltd Valuation Ratios

Fair Value / Intrinsic Value of Piramal Enterprises Ltd

Fair Value: ₹1050.05

The stock is undervalued by 12.43% compared to the current price ₹934

*Investments are subject to market risks

Strength and Weakness of Piramal Enterprises Ltd

Unable to fetch valid data for stock valuation.

Should I Buy AD Manum Finance Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Piramal Enterprises Ltd:
    1. Net Profit Margin: 107.22%
      • 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: 2.47% (Industry Average ROCE: 3.1%)
      • 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. Interest Coverage Ratio (Post Tax): 1.38
      • 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.
    4. Quick Ratio: 3.58
      • 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.
    5. ✓ Stock P/E: 13.3 (Industry average Stock P/E: 15.33)
      • 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.
    6. ✗ Total Debt / Equity: 1.59
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Piramal Enterprises Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE