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Pilani Investment and Industries Corporation Limited (PILANIINVS) Fair Value & Analysis

Financial Services · IN · Market cap ₹49.1B

PI Pilani Investment and Industries Corporation Limited PILANIINVS · NSE
Price₹4,445
Fair Value₹9,094
Upside+104.6%
Quality52/100
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Mixed Growth
Solidly profitable · 11.0% net margin
Low debt · generates free cash flow
Trails peers (5/14)
Moderate moat 50/100
Evidence: High Range ₹6,821 – ₹11,368 Share as image

Fair value as of: Aug 16, 2026

From 2 valuation models · updated 2 days ago

Fair value updated Aug 16, 2026, revised from ₹476.82 to ₹9,094 (+1,807.2%) since Aug 8, 2026. Share price +1.4% over the past month.

A solid business, screening 105% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (₹6,821). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹7,514 ₹1,483 Fair Value ₹9,094 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹1,483 – ₹7,514 · fair‑value band ₹6,821 – ₹11,368 · the ₹4,445 price screens below the ₹9,094 fair value. Dashed = 300-day average. As of Aug 16, 2026.

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Analysis

Pilani Investment and Industries Corporation Limited (PILANIINVS) currently trades at ₹4,445, while our model-based Fair Value estimate is ₹9,094, implying the stock looks roughly 104.6% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Financial Services 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, Pilani Investment and Industries Corporation Limited generated revenue of ₹2.8B at a net margin of 11.0%. Revenue declined 23.1% year over year. It earns a return on equity of 0.2%. Net debt stands at ₹23.9B. Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹6,821 (bear case) to ₹11,368 (bull case); at ₹4,445, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -33% fair-value upside, at 105%, PILANIINVS screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
P/B Multiple ₹9,138 ₹12,184 ₹15,230 55
NCAV (Graham) ₹7,167 ₹9,604 ₹14,334 50
All 2 models by family
Multiples
P/B Multiple ₹9,138 ₹12,184 ₹15,230 55
Asset-Based
NCAV (Graham) ₹7,167 ₹9,604 ₹14,334 50

Widest divergence: Multiples (₹12,184) versus Asset-Based (₹9,604). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) ₹2.8B
Revenue growth (YoY) -23.1%
Net margin 11.0%
Return on equity 0.2%
Free cash flow ₹13.5B FY2026
P/E ratio 157.8
More key figures
Operating margin 104%
EPS (TTM) ₹28.17
EPS growth (YoY) -42.5%
Net debt ₹23.9B FY2026

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 54 · Market factors (momentum, volatility) 46

Profitability 18
Margins and returns on capital today
Quality Growth 19
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 52
Disciplined investing over empire-building
Low Volatility 86
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Pilani Investment and Industries Corporation Limited, a non-banking financial company, engages in the investment and financing activities in India. It holds investments in shares and securities, loans and trade accounts receivable, and invests in mutual funds. The company was incorporated in 1948 and is based in Kolkata, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Pilani Investment and Industries Corporation Limited reported revenue of ₹2.7B in FY2026 versus ₹2.6B in FY2022, a compound +1.4%/yr. Reported net income was ₹311M in FY2026, compounding −37.3%/yr from FY2022.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹2.7B
Latest YoY
−9.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.5%
Avg. growth/yr (19Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.3%
Revenue +1.4%/yr
FY22 ₹2.6B
FY23 ₹2.8B
FY24 ₹2.8B
FY25 ₹3.0B
FY26 ₹2.7B
Net income −37.3%/yr
FY22 ₹2.0B
FY23 ₹2.5B
FY24 ₹1.7B
FY25 ₹985M
FY26 ₹311M
Character of growth · EPS growth decomposed (2016-2026) +16.9 % p.a.
Revenue per share +30.1 pp

of which total revenue +30.1 pp · buybacks/dilution +0.0 pp

EBIT margin −1.1 pp
Tax rate −3.4 pp
Residual (interest, one-offs) −8.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Pilani Investment and Industries Corporation Limited Fair Value". https://www.fairvalue-calculator.com/stock/PILANIINVS

Peer Group

Asset Management · 698 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Below median
Fair Value upside +105% · Top 25%
Return on equity (TTM) 0% · Below median
Return on assets 1% · Below median
Net margin (TTM) 11% · Below median
Operating margin (TTM) 104% · Top 25%
Revenue growth -23% · Bottom 25%
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 157.8× · Pricier than 75% of peers
P/B 0.31× · Cheaper than 75% of peers
P/S (TTM) 17.35× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 19.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 36
FUTURE 0 · sector 14
PAST 1 · sector 24
HEALTH 98 · sector 95
DIVIDEND 7 · sector 84

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
BlackRock, Inc BLK $1,161 $465.75 -60%
Blackstone Inc BX $146.41 $52.88 -64%
Investor AB INVEB kr 417.90 kr 835.80 +100%
AB Industrivärden INDUA kr 544.00 kr 375.93 -31%
ICICIAMC ICICIAMC ₹3,077 ₹1,132 -63%
Jio Financial Services Limited JIOFIN ₹256.05 ₹171.84 -33%
Hedef Holding HEDEF 267.25 TRY 321.44 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹11,579 ₹11,257 -3%
HDFC Asset Management Company HDFCAMC ₹2,490 ₹866.78 -65%
Nippon Life Asset Management Limited NAMINDIA ₹1,182 ₹311.00 -74%

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Frequently asked questions

Is Pilani Investment and Industries Corporation Limited (PILANIINVS) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹9,094 versus a price of ₹4,445, about +105% (undervalued).
What is the fair value of PILANIINVS?
Our model-based fair value for Pilani Investment and Industries Corporation Limited is ₹9,094 (as of Aug 16, 2026), built from audited fundamentals. The current price is ₹4,445.
What is the quality score of PILANIINVS?
Pilani Investment and Industries Corporation Limited has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Pilani Investment and Industries Corporation Limited (PILANIINVS)?
Pilani Investment and Industries Corporation Limited reported trailing-twelve-month revenue of about ₹2.8B (latest available figure, as of Aug 16, 2026).
What is the net profit margin of PILANIINVS?
The net profit margin of Pilani Investment and Industries Corporation Limited is about 11.0%, meaning it keeps roughly 11.0% 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.

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