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Pennar Industries Limited (PENIND) Fair Value & Analysis

Industrials · IN · Market cap ₹22.7B

PI Pennar Industries Limited PENIND · NSE
Price₹168.36
Fair Value₹186.61
Upside+10.8%
Quality42/100
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Evidence: High Range ₹130.63 – ₹242.59

Fair value as of: Jul 3, 2026

From 16 valuation models · updated today

Share price +7.7% over the past month.

Price vs Fair Value (12 months)

₹271.17 ₹128.65 Fair Value ₹186.61 Jul 2025 Jul 2026

12‑month range ₹128.65 – ₹271.17 · fair‑value band ₹130.63 – ₹242.59 · the ₹168.36 price screens below the ₹186.61 fair value. As of Jul 3, 2026.

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Analysis

Pennar Industries Limited (PENIND) currently trades at ₹168.36, while our model-based Fair Value estimate is ₹186.61 — implying the stock looks roughly 10.8% undervalued today. We read business quality at 42/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Pennar Industries Limited generated revenue of ₹36.2B at a net margin of 3.8%. Revenue grew 2.1% year over year. It earns a return on equity of 12.8%. Net debt stands at ₹8.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹36.2B
Revenue growth (YoY) +2.1%
Net margin 3.8%
Return on equity 12.8%
Free cash flow −₹2.5B FY2026
P/E ratio 16.4
More key figures
Operating margin 8.7%
EPS (TTM) ₹10.29
EPS growth (YoY) +15.2%
Net debt ₹8.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Pennar Industries Limited operates as an engineering company in India and internationally. It operates in two segments: Diversified Engineering, and Custom Designed Building Solutions & Auxiliaries. The company offers engineered components, including automotive and white goods components, hydraulic cylinders, and precision sub assembly parts; precision tubes comprising electric resistance welding, CWE/DOM/CEW, bicycle frame, steel, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, telescopic front fork, and air pre-heater tubes, as well as automotive shock absorbers; and railway wagons, and passenger and metro coaches. It also provides steel products and profiles, such as cold rolled steel strips; electrostatic precipitator electrodes; building components, including purlins, roofing/cladding sheets, and decking profiles; metal crash barriers; sheet piles for infrastructure projects; and automobile products. In addition, the …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Pennar Industries Limited reported revenue of ₹36.2B in FY2026 versus ₹22.7B in FY2022, a compound +12.4%/yr. Reported net income was ₹1.4B in FY2026, compounding +35.0%/yr from FY2022.

Revenue +12.4%/yr
FY22 ₹22.7B
FY23 ₹28.9B
FY24 ₹31.3B
FY25 ₹32.3B
FY26 ₹36.2B
Net income +35.0%/yr
FY22 ₹418M
FY23 ₹754M
FY24 ₹983M
FY25 ₹1.2B
FY26 ₹1.4B

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Frequently asked questions

Is Pennar Industries Limited (PENIND) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹186.61 versus a price of ₹168.36 — about +11% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PENIND?
Our model-based fair value for Pennar Industries Limited is ₹186.61 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹168.36.
What is the quality score of PENIND?
Pennar Industries Limited has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Pennar Industries Limited (PENIND)?
Pennar Industries Limited reported trailing-twelve-month revenue of about ₹36.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of PENIND?
The net profit margin of Pennar Industries Limited is about 3.8%, meaning it keeps roughly 3.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.