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Piramal Enterprises Ltd

PEL

Piramal Enterprises Ltd

PEL
FinancialsDiversified Financials
SmallcapWith a market cap of ₹23,612 cr, stock is ranked 311
Moderate RiskStock is 2.70x as volatile as Nifty
1,069.051.58% (+16.65)
1,069.051.58% (+16.65)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsDiversified Financials
SmallcapWith a market cap of ₹23,612 cr, stock is ranked 311
Moderate RiskStock is 2.70x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsDiversified Financials
SmallcapWith a market cap of ₹23,612 cr, stock is ranked 311
Moderate RiskStock is 2.70x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
-11.740.890.95%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.062.520.78%

Forecast & Ratings

Detailed Forecast 
17%
Analysts have suggested that investors can buy this stock

from 6 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Piramal Enterprises Limited (PEL) is engaged in the business of pharmaceuticals, including research and development, financial services and information management through its subsidiaries.

Investor Presentation

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Sep 23, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -3.76%, vs industry avg of 11.38%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 13.03% to 7.81%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue6,900.148,780.5010,898.8812,511.5814,623.4113,612.228,841.2717,849.0710,332.0911,197.29
Raw Materialssubtract—————————14,066.91
Power & Fuel Costsubtract—————————
Employee Costsubtract1,683.051,793.871,988.141,507.721,610.201,650.47512.64930.051,350.03
Selling & Administrative Expensessubtract2,732.532,916.563,089.132,932.673,121.443,453.37666.821,741.741,179.38
Operating & Other expensessubtract1,234.892,335.013,372.195,354.367,389.904,491.735,182.579,154.2410,252.12
Depreciation/Amortizationsubtract255.45381.70477.33400.52520.30560.8874.28122.88828.96842.78
Interest & Other Itemssubtract——————————
Taxes & Other Itemssubtract49.5157.93-3,157.72849.251,957.542,123.43481.85-4,068.42-1,594.87-1,701.57
EPS29.1039.90155.0243.010.6432.3545.38295.60-72.67-89.50
DPS9.3011.1613.3714.977.6718.0718.0731.0010.000.00
Payout ratio0.320.280.090.3512.070.560.400.10—0.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual Report Unavailable

Investor Presentation

Feb 4PDF
Feb 4PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 24PDF
Sep 11PDF
FY 2022

Annual report

PDF

Investor Presentation

Nov 15PDF
FY 2023

Annual report

PDF

Investor Presentation

May 15PDF
May 5PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 28PDF
Jul 28PDF
FY 2025

Annual Report Pending

Investor Presentation

Sep 23PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsDiversified Financials

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Piramal Enterprises Ltd-14.030.890.95%
Aditya Birla Capital Ltd17.532.04—
Motilal Oswal Financial Services Ltd18.955.280.55%
Cholamandalam Financial Holdings Ltd20.021.600.03%

Price Comparison

Compare PEL with any stock or ETF
Compare PEL with any stock or ETF
PEL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding46.03%6.26%7.10%16.19%24.44%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun28.67%26.05%19.68%17.18%16.97%16.19%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Piramal Enterprises Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Small Cap Fund - Growth - Direct Plan

Growth
1.8216%1.61%1.61%70/110 (+32)
Motilal Oswal Focused Fund - Growth - Direct Plan

Growth
0.6408%7.10%1.22%11/28 (-2)
Nippon India Small Cap Fund - Growth - Direct Plan

Growth
0.5351%0.21%0.02%206/238 (-8)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

PEL has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.97%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.70 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 5, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

₹10.00

Ex DateEx Date

Jul 5, 2024

Cash Dividend

Ex DateEx DateJun 16, 2023

Final
Final | Div/Share: ₹31.00

Dividend/Share

₹31.00

Ex DateEx Date

Jun 16, 2023

Cash Dividend

Ex DateEx DateJul 14, 2022

Final
Final | Div/Share: ₹33.00

Dividend/Share

₹33.00

Ex DateEx Date

Jul 14, 2022

Cash Dividend

Ex DateEx DateJul 6, 2021

Final
Final | Div/Share: ₹33.00

Dividend/Share

₹33.00

Ex DateEx Date

Jul 6, 2021

Cash Dividend

Ex DateEx DateJul 16, 2020

Final
Final | Div/Share: ₹14.00

Dividend/Share

₹14.00

Ex DateEx Date

Jul 16, 2020

News & Opinions
Spotlight
Piramal Ent board OKs raising Rs 150-cr via NCDs

The base issue size is of Rs 50 crore along with a green shoe option to retain over subscription of up to Rs 100 crore, aggregating to Rs 150 crore. These secured, rated, listed, redeemable, NCDs have a coupon rate of 9.5% per annum paid annually and on redemption date, which is 7 July 2034. The debentures are proposed to be listed on the wholesale debt market (WDM) segment of the Bombay Stock Exchange (BSE)/ National Stock Exchange (NSE). NSE is the designated stock exchange. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 64.33% fall in consolidated net profit to Rs 181.48 crore in Q1 FY24 as against Rs 508.78 crore posted in Q1 FY24. Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. The scrip ended 0.33% higher at Rs 1,004.40 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Live Market Update
Nifty above 24,550 mark; broader mkt outperforms

The headline equity benchmarks traded with minor gains in afternoon trade. The Nifty traded above the 24,550 mark after hitting the day's low of 24,522.95 in mid-morning trade. Oil & gas, PSU bank and metal shares advanced while auto, private bank and financial services shares declined. At 13:30 IST, the barometer index, the S&P BSE Sensex, rose 52.09 points or 0.06% to 80,486.46. The Nifty 50 index added 40.10 points or 0.16% to 24,581.25. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 0.41% and the S&P BSE Small-Cap index rallied 1.25%. The market breadth was strong. On the BSE, 2,707 shares rose and 1,251 shares fell. A total of 147 shares were unchanged. Economy: India's forex reserves declined $4.8 billion to $670.119 billion for the week ended August 9, according to the latest RBI data. In the previous reporting week, the country's foreign exchange reserves had increased $7.533 billion to an all-time high of $674.919 billion. For the week ended August 9, foreign currency assets, a major component of the reserves, decreased by $4.079 billion to $587.96 billion. Gold reserves declined by $860 million to $59.239 billion during the week. The special drawing rights (SDRs) were up by $121 million to $18.282 billion. India's reserve position with the IMF increased by $18 million to $4.638 billion in the reporting week, the central bank data showed. Gainers & Losers: Hindalco Industries (up 3.48%), Bharat Petroleum Corporation (up 2.84%), Tata Steel (up 2.83%), LTIMindtree (up 2.36%) and Shriram Finance (up 2%) were major Nifty gainers. Mahindra & Mahindra (down 1.80%), SBI Life Insurance Company (down 1.11%), Axis Bank (down 0.99%), Bharti Airtel (down 0.93%) and Grasim Industries (down 0.84%) were major Nifty losers. Stocks in Spotlight: Piramal Enterprises (PEL) rallied 3.27% after the NBFC informed that its promoter group entity purchased 6.16 lakh equity shares, representing 0.27% of the total paid-up share capital of the company. Meanwhile, the board of PEL will meet on Wednesday, 21 August 2024 to consider issuing non-convertible debentures (NCDs) aggregating up to Rs 150 crore on private placement basis. Glenmark Pharmaceuticals gained 3.79% after the company's subsidiary Glenmark Therapeutics Inc., USA, announced the launch of OTC product Olopatadine Hydrochloride Ophthalmic Solution. DCX Systems was locked in an upper circuit of 5% after the company informed that it has received orders worth Rs 107.08 crore from domestic and overseas customers. Veranda Learning Solutions advanced 3.56% after the company said that it has partnered with Jumeira University Connect, the training arm of Jumeira University, to introduce a Chartered Accountancy (CA) preparation course for students in the UAE. Genus Power Infrastructures was locked in an upper circuit of 5% after the company announced that its wholly-owned subsidiary received three letters of awards (LOA) worth totaling to Rs 2,925.52 crore. Tejas Networks rose 1.40% after the company's wholly owned subsidiary, Saankhya Labs has received an order from NewSpace India for supplying two-way Mobile Satellite Service (MSS) Terminals for various purposes. Caplin Point Laboratories surged 12.66% after the Brazilian Health Regulatory Agency (ANVISA) concluded its inspection at Gummidipoondi facility, in Chennai in Tamil Nadu with zero observations. JNK India rallied 3.24% after the heating equipment maker on Friday announced that it has received a 'major' order from Hindustan Petroleum Corporation (HPCL). Techno Electric & Engineering Company (Techno Electric) jumped 4.50% after the company partnered with IndiGrid to develop two IndiGrid's Greenfield interstate transmission Systems (ISTS) projects. Global Markets: Europeans stocks declined while Asian stocks traded mixed on Monday as investors weighed optimism about a US economic soft landing against concerns over the global growth outlook. Expectations of cooling inflation and a potential easing cycle by the Federal Reserve buoyed sentiment. However, investors remained cautious ahead of key US economic data this week and Federal Reserve Chair Jerome Powell's speech on Friday. In Asia, market participants will closely monitor central bank meetings in Indonesia and South Korea for potential rate adjustments. Thailand's policy decision is particularly awaited given uncertainties surrounding the new government's economic plans. US stocks rebounded from earlier losses to close higher on Friday, as a report showing improved consumer sentiment boosted investor confidence. The Dow Jones Industrial Average rose 0.24%, the S&P 500 climbed 0.20% and the Nasdaq Composite gained 0.21%. The University of Michigan's gauge of consumer sentiment rose to 67.8 in a preliminary August reading, up from 66.4 in the prior month. It is the first gain after four months of declines. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Piramal Ent spurts as promoter entity increases stake to 46.30%

In a regulatory filing, the NBFC said that on 16 August 2024, an entity within the promoter group purchased 6,16,615 equity shares of PEL, representing 0.27% of the company's paid-up capital, on the National Stock Exchange of India (NSE). As a result of this purchase, the promoter group's shareholding in PEL has increased from 46.03% to 46.30%. 'The promoters have consistently demonstrated their confidence in the growth trajectory of PEL. This latest acquisition of shares aligns with that belief, further reflecting their trust in the company's business fundamentals, future plans, and value creation potential. In addition, the promoters/promoter group did not participate in the buy-back of PEL shares in 2023.' Meanwhile, the NBFC had announced that its Administrative Committee of the board of directors will consider and approve the issue of secured, rated, listed, redeemable, non-convertible debentures up to Rs 50 crore along with the green shoe option to retain oversubscription up to Rs 100 crore, the total size aggregating up to Rs 150 crore, having a face value of Rs 1 lakh each, on a private placement basis. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 64.33% fall in consolidated net profit to Rs 181.48 crore in Q1 FY24 as against Rs 508.78 crore posted in Q1 FY24. Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Piramal Enterprises board to mull fund raising upto Rs 150 cr

In a regulatory filing, the NBFC said that its Administrative Committee of the board of directors will consider and approve the issue of secured, rated, listed, redeemable, NCDs up to Rs 50 crore along with the green shoe option to retain oversubscription up to Rs 100 crore, the total size aggregating up to Rs 150 crore, having a face value of Rs 1 lakh each, on a private placement basis. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 64.33% fall in consolidated net profit to Rs 181.48 crore in Q1 FY24 as against Rs 508.78 crore posted in Q1 FY24. Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. Shares of Piramal Enterprises surged 7.43% to settle at Rs 946.85 on Friday, 16 August 2024. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Piramal Enterprises consolidated net profit declines 64.33% in the June 2024 quarter

Net profit of Piramal Enterprises declined 64.33% to Rs 181.48 crore in the quarter ended June 2024 as against Rs 508.78 crore during the previous quarter ended June 2023. Sales declined 25.66% to Rs 2068.55 crore in the quarter ended June 2024 as against Rs 2782.51 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales2068.552782.51 -26 OPM %65.8161.80 - PBDT195.24719.13 -73 PBT144.22681.93 -79 NP181.48508.78 -64 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Piramal Enterprises drops after PAT slumps 64% YoY in Q1 FY25

Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. Net interest income (NII) grew by 18% year on year (YoY) to Rs 807 crore during the quarter. Pre-provision operating profit (PPOP) was at Rs 270 crore during the quarter, up 3% from Rs 263 crore reported in corresponding quarter last year. Total assets under management (AUM) grew by 10% YoY to Rs 70,576 crore, led by its growth business. During the quarter, Retail to Wholesale AUM mix improved to 72:28 from 33:67 in FY22. During the quarter, the Growth to Legacy Assets Under Management (AUM) mix improved to 82:18, up from 34:66 in FY22. Retail AUM jumped 43% YoY to Rs 50,530 crore in Q1 FY25 and Wholesale 2.0 AUM grew by 11% QoQ to Rs 7,071 crore. The company's consolidated balance sheet shows a net worth of Rs 26,863 crore, with a capital adequacy ratio of 24.4%. During the quarter, the consolidated Gross Non-Performing Assets (GNPA) ratio decreased to 2.7%, down from 2.8% in Q1 FY24. Similarly, the Net Non-Performing Assets (NNPA) ratio fell to 1.1%, compared to 1.5% in Q1 FY24. The operating expense-to-AUM ratio for the Growth business decreased by 104 basis points YoY to 4.6%. The company's borrowing cost remained stable at 8.9% in Q1 FY25. Ajay Piramal, chairman, Piramal Enterprises, said, 'The Q1 FY25 results show two important trends that highlight our progress and strategy. First, our Growth business continues to build on the momentum established over the past two to three years, now representing the majority of our Assets Under Management (AUM) and net profit. Second, we continue to reduce our legacy discontinued AUM. Notably, in Q1 FY25, the decline of Rs 1,597 crore in legacy AUM had no impact on our profit and loss statement from credit cost. The expansion of our Growth business reflects our strategy to balance growth, risk and profitability as we develop these businesses. Our asset quality remains stable across retail and wholesale products. Further, our Opex-to-AUM - a key driver of profitability - is consistently decreasing. We are also making progress in diversifying our borrowings. We successfully raised our first-ever $300 million dollar bond in July 2024, which received a 4X level of demand. We are pleased to see that the foundations for long term sustainable growth and earnings are firmly in place, and we anticipate that the upcoming quarters will demonstrate a consistent journey along this path.' Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth ~$10 billion, with a network of branches across 26 states/UTs.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Piramal Enterprises schedules board meeting

Piramal Enterprises will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live

SEBI’s Settlement Order For Piramal Unlawful Gains Case: All You Need To Know About The Terms

2 months agoBloomberg Quint

Piramal Ent board OKs raising Rs 180-cr via NCDs

3 months agoBusiness Standard

Piramal Enterprises Promoter Offloads Stake Worth Rs 976 Crore

3 months agoBloomberg Quint