---
title: "Punj Lloyd Ltd (PUNJLLOYD) — Share Price, Financials & Analysis"
symbol: "PUNJLLOYD"
company: "Punj Lloyd Ltd"
canonical: "https://tapetide.com/stocks/PUNJLLOYD"
isin: "INE701B01021"
nse_symbol: "PUNJLLOYD"
bse_code: "532693"
sector: "Industrials"
industry: "Construction"
generated_at: "2026-09-13T18:25:22.181Z"
---

# Punj Lloyd Ltd (PUNJLLOYD)

Canonical page: https://tapetide.com/stocks/PUNJLLOYD

## Company

- **NSE Symbol:** PUNJLLOYD
- **BSE Code:** 532693
- **ISIN:** INE701B01021
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-01-01
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** punjlloyd.com

## About

Punj Lloyd Limited is engaged in engineering, procurement and construction activities, as well as trading of steel products.

## Latest Price

- **Price:** ₹2.25
- **Change:** 0 (0%)
- **Open:** ₹2.2
- **Day High:** ₹2.25
- **Day Low:** ₹2.15
- **Previous Close:** ₹2.25
- **Volume:** 0
- **As Of:** 2022-10-06T04:42:32+00:00

## Key Insights

### Strengths

- Stock is trading at 0.03 times its book value

### Weaknesses

- Company has low interest coverage ratio.

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2495.13 | 2808.1 | 3037.71 | 2775.72 | 2768.43 | 2881.01 | 3241.92 | 2941.7 | 3131.62 | 2755.95 | 2398.67 | 15.86 |
| Expenses | 2215.59 | 2644.34 | 2782.95 | 2482.58 | 2463.87 | 2589.88 | 2980.55 | 2675.01 | 2821.08 | 2611.64 | 2532.92 | 23.06 |
| Operating Profit | 279.54 | 163.76 | 254.76 | 293.14 | 304.56 | 291.13 | 261.37 | 266.69 | 310.54 | 144.31 | -134.25 | -7.2 |
| OPM % | 11.2 | 5.83 | 8.39 | 10.56 | 11 | 10.11 | 8.06 | 9.07 | 9.92 | 5.24 | -5.6 | -45.4 |
| Other Income | 11.79 | 194.94 | 17.51 | 4.1 | 3.62 | 2.78 | 14.8 | 25.81 | 3.17 | 15.28 | 6.75 | 2.84 |
| Interest | 151.98 | 162.22 | 186.84 | 188.11 | 198.63 | 198.29 | 195.74 | 195.65 | 215.06 | 203.41 | 267.83 | 2.85 |
| Depreciation | 78.06 | 89.18 | 69.84 | 93.8 | 92.79 | 88.09 | 78.83 | 86.87 | 92.07 | 100.38 | 113.16 | 0.44 |
| Profit before tax | 61.29 | 107.3 | 15.59 | 15.33 | 16.76 | 7.53 | 1.6 | 9.98 | 6.58 | -144.2 | -508.49 | -7.65 |
| Tax % | 51.56 | 30.4 | -32.58 | 197.26 | 253.58 | 111.69 | -678.12 | 179.06 | 65.96 | -2.76 | -2.06 | 0 |
| Net Profit | 23.2 | 69.74 | 17.71 | -15.97 | -29.52 | 7.06 | 13.42 | -7.52 | 3.82 | -134.5 | -498.42 | -7.65 |
| EPS in Rs | 0.74 | 2.12 | 0.27 | -0.4 | -0.54 | 0.26 | 0.46 | 1.22 | -2.02 | -4.2 | -11.51 | -0.23 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10448 | 7895 | 10313 | 11256 | 10855 | 7090 | 4447 | 4867 | 5080 | 196 |
| Expenses | 10402 | 7405 | 9660 | 10415 | 10536 | 7624 | 5379 | 5843 | 5578 | 498 |
| Operating Profit | 46 | 490 | 653 | 841 | 319 | -534 | -932 | -976 | -497 | -302 |
| OPM % | 0.4 | 6 | 6 | 7 | 2.9 | -8 | -21 | -20 | -10 | -154 |
| Other Income | 746 | 258 | 471 | 335 | 319 | 785 | 251 | 1309 | 505 | -1236 |
| Interest | 543 | 463 | 632 | 781 | 882 | 1002 | 1059 | 1018 | 1087 | 5 |
| Depreciation | 227 | 269 | 299 | 354 | 392 | 470 | 342 | 221 | 194 | 8 |
| Profit before tax | 21 | 16 | 193 | 41 | -636 | -1221 | -2083 | -905 | -1274 | -1551 |
| Tax % | 654 | 417 | 42 | 171 | 1 | -5 | 0 | -4 | -94 | 0 |
| Net Profit | -118 | -48 | 101 | -25 | -637 | -1151 | -2083 | -870 | -72 | -1551 |
| EPS in Rs | -3.27 | -1.54 | 2.77 | -0.22 | -16.51 | -34.36 | -64.16 | -27.53 | -2.05 | -46.14 |
| Dividend Payout % | -5 | -10 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 67 | 67 | — |
| Reserves | 2962 | 2912 | 2854 | 2789 | 2166 | 899 | -1410 | -1894 | -2098 | — |
| Borrowings | 4455 | 3881 | 5603 | 6722 | 6882 | 7141 | 7921 | 7823 | 7693 | — |
| Other Liabilities | 4064 | 5349 | 6146 | 6750 | 6629 | 6338 | 6434 | 5964 | 5256 | — |
| Total Liabilities | 11548 | 12208 | 14670 | 16327 | 15743 | 14444 | 13012 | 11960 | 10918 | — |
| Fixed Assets | 2178 | 2252 | 2881 | 2997 | 3268 | 2922 | 1902 | 1421 | 976 | — |
| CWIP | 160 | 82 | 267 | 415 | 159 | 103 | 31 | 48 | 41 | — |
| Investments | 382 | 384 | 371 | 364 | 244 | 68 | 192 | 40 | 30 | — |
| Other Assets | 8828 | 9490 | 11151 | 12551 | 12071 | 11351 | 10886 | 10452 | 9872 | — |
| Total Assets | 11548 | 12208 | 14670 | 16327 | 15743 | 14444 | 13012 | 11960 | 10918 | — |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1536 | 1208 | 168 | 227 | 454 | -91 | -216 | 853 | 488 | — |
| Cash from Investing Activity | -6 | -336 | -889 | -815 | -213 | 600 | 175 | -22 | -47 | — |
| Cash from Financing Activity | 1370 | -249 | 470 | 446 | -619 | -552 | 128 | -652 | -691 | — |
| Net Cash Flow | -173 | 624 | -251 | -142 | -378 | -43 | 87 | 179 | -251 | — |
| Free Cash Flow | -1851 | 857 | -719 | -481 | 523 | -218 | -320 | 892 | 479 | — |
| CFO/OP | -3020 | 271 | 48 | 41 | 174 | 37 | 32 | -75 | -105 | — |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 76 | 102 | 86 | 105 | 81 | 124 | 151 | 132 | 133 | — |
| Inventory Days | 450 | 741 | 732 | — | — | — | — | — | — | — |
| Days Payable | 214 | 333 | 390 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 313 | 510 | 428 | 105 | 81 | 124 | 151 | 132 | 133 | — |
| Working Capital Days | 153 | 136 | 128 | 135 | -14 | -75 | -178 | -209 | -317 | — |
| ROCE % | 4 | 7 | 11 | 9 | 2 | -9 | -15 | -13 | -4 | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 35.91% | 35.6% | 13.81% | 13.9% | 7.69% | 7.69% | 13.93% | 13.93% | 13.93% | 95% | 95% |
| FIIs | 1.57% | 0.01% | 0.21% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0% | 0% |
| DIIs | 6.88% | 6.87% | 6.01% | 3.16% | 3.15% | 2.29% | 2.29% | 2.29% | 2.29% | 0% | 0% |
| Public | 55.64% | 57.53% | 79.97% | 82.71% | 88.93% | 89.79% | 83.55% | 83.55% | 83.54% | 5% | 5% |
| No. of Shareholders | 335381 | 296978 | 285401 | 270447 | 257651 | 250498 | 245911 | 245649 | 245432 | 2 | 2 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 13.93% | 95% | 95% |
| FIIs | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% | 0% | 0% |
| DIIs | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 2.29% | 0% | 0% |
| Public | 83.56% | 83.56% | 83.55% | 83.55% | 83.55% | 83.54% | 83.54% | 83.54% | 83.55% | 83.54% | 5% | 5% |
| No. of Shareholders | 245797 | 245735 | 245649 | 245607 | 245552 | 245498 | 245432 | 245374 | 245325 | 245278 | 2 | 2 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 7 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 382.41 | Sell |
| EMA (10) | 377.29 | Buy |
| SMA (20) | 369.47 | Buy |
| EMA (20) | 374.83 | Buy |
| SMA (50) | 374.92 | Buy |
| EMA (50) | 365.78 | Buy |
| SMA (100) | 335.96 | Buy |
| EMA (100) | 331.59 | Buy |
| SMA (200) | 245.1 | Buy |
| EMA (200) | 260.58 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.23 | Neutral |
| MACD (12,26,9) | 2.95 | Buy |
| Stochastic (14,3,3) | 53.99 | Neutral |
| ADX (14) | 16.4 | Neutral |
| Williams %R (14) | -37.3 | Neutral |
| ATR (14) | 17.89 | High Volatility |
| ROC (12) | 5.21 | Buy |
| Stoch RSI (14) | 43.31 | Neutral |
| UO (7,14,28) | 53.28 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae8302a8-d280-48f6-bc70-eb9eef0c5cae.pdf) |
| 2026-08-31 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a23a0bc5-ced9-41fa-ab0c-fca6c6ee827e.pdf) |
| 2026-08-11 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cf6e076-7be2-4d27-b93e-fc8b6fc5ffb1.pdf) |
| 2026-07-31 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f21ff1df-78a1-4ad8-8b4b-3023ad46c1e4.pdf) |
| 2026-07-28 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4263a2ae-fc6d-46de-a45d-dd6cf3d68c94.pdf) |
| 2026-07-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9aba7ae5-5e28-4420-a9ca-632e78455b0f.pdf) |
| 2026-07-20 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0c3776e-5c9b-457e-851d-82315482cdc3.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8280019-2492-4afb-9c9c-7cea276201f1.pdf) |
| 2026-06-03 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=873b7d4d-8ba0-4f61-9618-a3ae951bb6df.pdf) |
| 2026-06-01 | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b122647-6b10-4b9e-8697-cf8ca12a68ba.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 May - 25th Stakeholders Consultation Committee meeting on 7 May 2026 to discuss extending liquidation period. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 6 May - 25th Stakeholders Consultation Committee meeting on 7 May 2026 to discuss extending liquidation period.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b2217d70-05e8-4513-8342-22d605d82d92.pdf) |
| 28 Feb - ADSTL/AIIL to acquire Punj Lloyd Defence Unit; SPA for Air Works shares; BTA executed Feb 28, 2026. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 28 Feb - ADSTL/AIIL to acquire Punj Lloyd Defence Unit; SPA for Air Works shares; BTA executed Feb 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b55ed52-d722-4603-ac31-2d49b685c80f.pdf) |
| 24 Mar - Allotment of 500,000 equity shares at Rs.2 on Mar 24, 2026 to Adani Infra (475,000) and Dincum Growth Fund (25,000). | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 24 Mar - Allotment of 500,000 equity shares at Rs.2 on Mar 24, 2026 to Adani Infra (475,000) and Dincum Growth Fund (25,000).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc1584c3-e029-4a01-a725-6fbab04a93ca.pdf) |
| 23 Mar - Stakeholders Consultation Committee meeting on 25 March 2026 at 3:00 PM to discuss company liquidation developments. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 23 Mar - Stakeholders Consultation Committee meeting on 25 March 2026 at 3:00 PM to discuss company liquidation developments.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d027ea0-e73b-457a-8be2-920507e1f7b2.pdf) |
| 20 Apr - Filed Regulation 74(5) compliance certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20 Apr - Filed Regulation 74(5) compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/406bd942-10a0-47c4-8175-c2d2df3f5075.pdf) |
| 15h - Filed Regulation 74(5) compliance certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15h - Filed Regulation 74(5) compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/406bd942-10a0-47c4-8175-c2d2df3f5075.pdf) |
| 13 Mar - Board approved preferential issue of 5,00,000 shares at INR2 (INR10,00,000); 4,75,000 to Adani Infra. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 13 Mar - Board approved preferential issue of 5,00,000 shares at INR2 (INR10,00,000); 4,75,000 to Adani Infra.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2299799-4794-4486-8810-f00b362d3903.pdf) |
| 13 Feb - NCLT approved Adani Infra's acquisition plan for Punj Lloyd; AIIL to receive 95% shares; existing share capital cancelled. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 13 Feb - NCLT approved Adani Infra's acquisition plan for Punj Lloyd; AIIL to receive 95% shares; existing share capital cancelled.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/794b0ff1-9730-4c8b-8f29-920db647bf2c.pdf) |
| 12 Mar - Board approved preferential issue of 500,000 shares at INR2 to Adani Infra (475,000) and Dincum (25,000) on Mar 12, 2026. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 12 Mar - Board approved preferential issue of 500,000 shares at INR2 to Adani Infra (475,000) and Dincum (25,000) on Mar 12, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/edfc1cea-8b4a-45cc-9a20-cd58491d35d9.pdf) |
| 10 Mar - Closing Date March 10, 2026: Defence Unit transferred to ADSTL; Air Works shares transfer processing. | [Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP) 10 Mar - Closing Date March 10, 2026: Defence Unit transferred to ADSTL; Air Works shares transfer processing.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9a79227-bfc3-4325-8e51-dac89cd87baa.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_PUNJLLOYD_2010_2011_15062012101636.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_PUNJLLOYD_2009_2010_09092010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/532693/5326930311.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2015 | [Concall - Nov 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ED2F5E1C_4C62_4567_9045_4C4A46584B31_181557.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:25:22.181Z.
