Pilani Investment & Industries
Pilani Investment & Industries
Financial ServicesKey Fundamentals
MicrocapHolding CompanyFinancial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Stock is trading at 0.29 times its book value
- Company has been maintaining a healthy dividend payout of 19.6%
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.34% over past five years.
- Company has a low return on equity of 0.67% over last 3 years.
Growth Rate
AI Analysis — Bull vs Bear
Pilani Investment & Industries Corporation Ltd is a financial services holding company trading at a market cap of ₹4,798 Cr with a price-to-book ratio of 0.30x, indicating a steep discount to book value. However, profitability has deteriorated sharply with TTM profit declining 68% and ROE averaging just 1% over three years, while the stock trades at a PE of 153.9x reflecting weak earnings.
- Stock trades at just 0.30x book value, offering significant discount to net asset value for an investment holding company
- 10-year compounded profit growth of 12% shows the company has historically been able to grow earnings over longer cycles
- 10-year stock CAGR of 17% demonstrates meaningful long-term wealth creation for shareholders
- Company maintains a healthy dividend payout ratio of 19.6%, providing some income return to shareholders
- 10-year compounded sales growth of 26% indicates the underlying portfolio or business has scaled significantly over the longer term
- 3-year stock CAGR of 29% suggests market has re-rated the stock despite weak near-term fundamentals
- 5-year compounded sales growth of 7% shows revenue base has continued to expand even during recent periods of profit decline
- TTM compounded profit declined 68%, indicating a severe collapse in earnings in the most recent period
- 3-year compounded profit growth of -50% shows sustained and deepening earnings deterioration, not a one-off
- PE ratio of 153.9x is extremely elevated, suggesting current earnings are negligible relative to market price
- 3-year average ROE of just 1% and last year ROE of 0% reflects near-zero return on shareholder equity
- Low interest coverage ratio indicates the company may struggle to service debt from operating profits
- Dividend yield of only 0.21% provides negligible income despite the stated payout ratio, due to weak earnings
- 1-year stock performance of -15% shows the market is beginning to penalize the weak fundamentals
- 5-year compounded profit growth of -20% confirms a multi-year structural decline in profitability, not a cyclical dip
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Independent Director exits board Jul 24
A. K. Kothari ceases as Independent Director effective July 25, 2026, after completing his second five-year term. Routine tenure expiry, not a resignation.
- 79th AGM concludes smoothly Jul 13
Pilani Investment held its 79th AGM on July 13, 2026, passing 5 resolutions including dividend declaration and director appointments.
TL;DR: Recent news flow for Pilani Investment is purely procedural—a scheduled board exit and routine AGM business including dividend declaration. No material headwinds or catalysts are visible in the current cycle. The outlook remains stable but uneventful, with investors awaiting substantive business developments or financial disclosures for directional cues.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 55 | 107 | 62 | 63 | 62 | 123 | 61 | 57 | 50 | 129 | 60 | 44 | 14 |
| Expenses | 2 | 2 | 5 | 1 | 2 | 2 | 5 | 6 | 4 | 21 | 4 | 3 | 3 |
| Operating Profit | 53 | 104 | 57 | 62 | 60 | 121 | 56 | 51 | 46 | 108 | 55 | 41 | 11 |
| OPM % | 96% | 98% | 92% | 98% | 97% | 98% | 93% | 90% | 93% | 84% | 93% | 92% | 80% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 5 | 0 |
| Interest | 16 | 17 | 19 | 22 | 20 | 20 | 20 | 29 | 40 | 39 | 42 | 44 | 46 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 36 | 87 | 38 | 40 | 40 | 103 | 37 | 24 | 6 | 69 | 13 | 2 | -34 |
| Tax % | 25% | 26% | 27% | 25% | 25% | 25% | 28% | 25% | 28% | 28% | 26% | 47% | 0% |
| Net Profit | 25 | 54 | 56 | 31 | 33 | 78 | 13 | -25 | -4 | 45 | -14 | 5 | -47 |
| EPS in Rs | 22.85 | 48.95 | 50.14 | 28.4 | 29.36 | 70.18 | 12.08 | -22.66 | -3.63 | 40.38 | -13 | 4.29 | -42.67 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 32 | 28 | 35 | 30 | 25 | 126 | 199 | 258 | 279 | 286 | 305 | 283 | 248 |
| Expenses | 6 | 6 | 4 | 4 | 3 | 11 | 7 | 7 | 7 | 10 | 14 | 32 | 32 |
| Operating Profit | 26 | 22 | 31 | 26 | 22 | 115 | 191 | 250 | 272 | 276 | 291 | 251 | 216 |
| OPM % | 80% | 78% | 90% | 87% | 87% | 91% | 96% | 97% | 98% | 96% | 95% | 89% | 87% |
| Other Income | 0 | 0 | 0 | -2 | 0 | 0 | 1 | 0 | 1 | 0 | 2 | 5 | 6 |
| Interest | 0 | 0 | 0 | 0 | 19 | 43 | 52 | 59 | 65 | 74 | 88 | 165 | 171 |
| Depreciation | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 26 | 22 | 30 | 23 | 3 | 72 | 140 | 191 | 208 | 202 | 204 | 91 | 50 |
| Tax % | 7% | 6% | 9% | 12% | -294% | 25% | 24% | 24% | 25% | 26% | 26% | 28% | — |
| Net Profit | -35 | 10 | 43 | 20 | 2,017 | 175 | 97 | 201 | 246 | 166 | 98 | 31 | -12 |
| EPS in Rs | -31.52 | 8.79 | 38.5 | 121 | 1,817 | 158 | 87.3 | 182 | 222 | 150 | 88.94 | 28.05 | -11 |
| Div. Payout % | -57% | 203% | 46% | 15% | 1% | 11% | 17% | 8% | 7% | 10% | 17% | 32% | — |
Balance Sheet
| Particulars | 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 | 8 | 8 | 8 | 8 | 8 | 8 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 1,190 | 1,172 | 1,211 | 5,875 | 5,100 | 5,103 | 9,838 | 11,091 | 11,158 | 14,596 | 15,969 | 15,860 |
| Borrowings | 2 | 2 | 2 | 0 | 245 | 420 | 810 | 1,066 | 736 | 949 | 1,937 | 2,391 |
| Other Liabilities | 27 | 29 | 3 | 14 | 22 | 115 | 391 | 542 | 511 | 893 | 1,400 | 1,318 |
| Total Liabilities | 1,226 | 1,211 | 1,224 | 5,897 | 5,375 | 5,646 | 11,050 | 12,711 | 12,416 | 16,449 | 19,317 | 19,581 |
| Fixed Assets | 3 | 3 | 3 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,146 | 1,191 | 1,212 | 5,886 | 5,363 | 4,186 | 9,001 | 10,376 | 10,274 | 14,015 | 17,386 | 18,939 |
| Other Assets | 78 | 17 | 9 | 6 | 7 | 1,455 | 2,045 | 2,331 | 2,138 | 2,430 | 1,927 | 638 |
| Total Assets | 1,226 | 1,211 | 1,224 | 5,897 | 5,375 | 5,646 | 11,050 | 12,711 | 12,416 | 16,449 | 19,317 | 19,581 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 26 | 26 | 16 | 19 | 17 | -1,388 | -442 | -100 | 417 | -87 | 631 | 1,347 |
| Investing | -5 | -6 | 8 | 3 | -214 | 1,283 | 121 | -76 | -8 | -72 | -1,629 | -1,798 |
| Financing | -23 | -24 | -24 | -21 | 198 | 108 | 318 | 181 | -412 | 196 | 972 | 438 |
| Net Cash Flow | -2 | -3 | 0 | 0 | 0 | 4 | -3 | 4 | -3 | 37 | -26 | -13 |
| Free Cash Flow | 26 | 26 | 16 | 19 | 17 | -1,388 | -442 | -100 | 417 | -87 | 631 | 1,347 |
| CFO/OP | 112 | 123 | 60 | 73 | 121 | -1,139 | -204 | -21 | 172 | -12 | 235 | 547 |
Ratios
| Particulars | 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 | 6 | 6 | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 | 1 | 0 |
| Cash Conversion Cycle | 6 | 6 | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 | 1 | 0 |
| Working Capital Days | 424 | -351 | -20 | -48 | -294 | 36 | -18 | -15 | -15 | -13 | -22 | -5 |
| ROCE % | 2% | 2% | 3% | 1% | 0% | 2% | 2% | 2% | 2% | 2% | 2% | 1% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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57 extracted metrics + investor summaries across FY10–FY26.
Documents
Frequently Asked Questions about Pilani Investment & Industries
What does Pilani Investment & Industries Corporation Ltd do?
Where is Pilani Investment & Industries Corporation Ltd (PILANIINVS) listed?
Which sector does Pilani Investment & Industries Corporation Ltd belong to?
What is the market capitalisation of Pilani Investment & Industries Corporation Ltd?
What is the PE ratio of Pilani Investment & Industries Corporation Ltd?
What is the 52-week high and low of Pilani Investment & Industries Corporation Ltd?
Does Pilani Investment & Industries Corporation Ltd pay dividends?
What is the Return on Equity (ROE) of Pilani Investment & Industries Corporation Ltd?
Company Information
Pilani Investment and Industries Corporation Limited is registered as a non-deposit-taking NBFC with the Reserve Bank of India. It functions as a core investment company with main activity being investment in shares and securities of the Birla group companies and providing finance to them. [1]
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