Pennar Industries Ltd Share Price ₹155

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Pennar Industries Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	668	749	814	745	823	733	748	840	906	846	907	943	925
Expenses +	600	687	744	669	758	662	672	768	814	760	825	860	820
Operating Profit	68	62	70	76	65	72	75	72	92	86	81	83	105
OPM %	10%	8%	9%	10%	8%	10%	10%	9%	10%	10%	9%	9%	11%
Other Income +	2	12	6	6	16	7	6	16	7	8	13	16	9
Interest	23	28	30	31	26	27	28	31	34	35	34	34	34
Depreciation	17	16	17	18	16	17	17	17	18	19	19	22	25
Profit before tax	31	29	30	33	39	35	36	40	48	40	41	43	55
Tax %	22%	26%	25%	23%	26%	25%	25%	23%	24%	20%	21%	22%	26%
Net Profit +	24	22	22	25	29	26	27	30	36	32	32	34	41
EPS in Rs	1.73	1.62	1.67	1.88	2.12	1.96	1.99	2.26	2.64	2.37	2.39	2.49	3.04

Financials of Pennar Industries Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,313	1,356	1,541	1,768	2,133	2,107	1,525	2,266	2,895	3,131	3,227	3,620
Expenses +	1,195	1,208	1,387	1,562	1,959	1,937	1,432	2,094	2,673	2,858	2,916	3,265
Operating Profit	118	148	154	206	175	169	93	171	221	273	310	355
OPM %	9%	11%	10%	12%	8%	8%	6%	8%	8%	9%	10%	10%
Other Income +	3	3	8	29	25	20	39	17	33	40	37	46
Interest	36	38	62	67	75	83	80	78	91	115	120	138
Depreciation	18	19	25	29	28	43	48	54	65	66	69	84
Profit before tax	67	94	75	138	97	63	4	56	98	131	158	180
Tax %	35%	38%	33%	34%	31%	15%	22%	25%	23%	25%	25%	23%
Net Profit +	43	58	50	90	67	53	3	42	75	98	119	139
EPS in Rs	2.98	3.64	2.87	7.43	5.52	3.65	0.18	2.94	5.59	7.29	8.84	10.29
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Financials of Pennar Industries Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	60	60	60	76	76	73	71	71	67	67	67	67
Reserves	342	454	416	528	591	628	625	664	711	809	931	1,096
Borrowings +	198	267	299	355	445	490	618	646	685	785	812	1,162
Other Liabilities +	332	644	709	553	631	663	579	760	855	978	1,143	1,226
Total Liabilities	931	1,425	1,484	1,512	1,744	1,853	1,893	2,141	2,318	2,640	2,953	3,551
Fixed Assets +	282	464	441	342	454	626	603	644	721	697	947	1,111
CWIP	3	3	12	27	118	33	61	76	18	218	53	136
Investments	26	33	35	69	52	45	18	45	27	22	12	27
Other Assets +	620	925	996	1,073	1,120	1,149	1,211	1,376	1,552	1,704	1,941	2,277
Total Assets	931	1,425	1,484	1,512	1,744	1,853	1,893	2,141	2,318	2,640	2,953	3,551

Financials of Pennar Industries Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	30	205	-19	-2	174	191	-43	195	244	225	256
Cash from Investing Activity +	-30	-268	41	-39	-204	-72	-6	-98	-26	-256	-104
Cash from Financing Activity +	-4	115	-21	16	13	-95	43	-92	-113	-22	-100
Net Cash Flow	-3	51	1	-26	-18	24	-5	4	105	-53	52
Free Cash Flow	0	47	-72	-103	-52	99	-95	138	173	-22	130
CFO/OP	36%	149%	12%	14%	120%	124%	-43%	120%	116%	95%	95%

Financials of Pennar Industries Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	94	103	82	83	79	69	102	68	46	58	66	74
Inventory Days	88	116	157	147	122	128	193	167	159	155	178	176
Days Payable	85	196	173	125	125	139	176	142	118	149	167	157
Cash Conversion Cycle	98	24	66	104	76	57	120	94	86	64	77	93
Working Capital Days	52	8	23	46	19	3	23	2	-9	-11	4	-1
ROCE %	17%	18%	16%	21%	17%	13%	5%	10%	13%	16%	16%	15%