Pennar Industries Limited

Manufacturer of engineering products for various industries, with a focus on value-added engineered products.

1975 | Hyderabad, Telangana (India) | Active
Last Updated:

Pennar Industries Profile

Key Indicators

  • Authorised Capital ₹ 151.00 Cr
  • Paid Up Capital ₹ 67.47 Cr
  • Company Age 49 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,728.41 Cr
  • Satisfied Charges ₹ 2,663.71 Cr
  • Revenue Growth 31.22%
  • Profit Growth 3738.20%
  • Ebitda 68.55%
  • Net Worth 4.71%
  • Total Assets 8.93%

About Pennar Industries

Pennar Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 August 1975 and has a history of 49 years and nine months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513228 and on the National Stock Exchange(NSE) under PENIND.

The Corporate was formerly known as Pennar Steels Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 151.00 Cr and a paid-up capital of Rs 67.47 Cr.

The company currently has active open charges totaling ₹1,728.41 Cr. The company has closed loans amounting to ₹2,663.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pennar Industries Limited India are Shrikant Bhakkad as CFO and Mohammed Baig as Company Secretary. Ravi Ramakrishna, Parthasarathy Srinivasa, Aditya Rao, and Five other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27109TG1975PLC001919

  • Company No.

    001919

  • Stock Symbol

    BSE : 513228 NSE : PENIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1975

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Machinery and Equipment

What products or services does Pennar Industries Limited offer?

Pennar Industries Limited offers a wide range of products and services, including Steel Sheets, Steel Sheet Piles, Metal Pipes, Metal Tubes, Steam Boilers, Package Steam Boiler, Hydraulic Cylinders, ERW Pipes, ERW Tube, CNC Machined Components.

Company report

Pennar Industries Limited

Explore comprehensive data for Pennar Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pennar Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Aditya Rao Country flag representing In Managing Director30-Sep-2014Current
Shrikant Bhakkad Country flag representing In CFO26-Jun-2023Current
Mohammed Baig Country flag representing In Company Secretary06-Dec-2013Current

Board Members (7)

NameDesignationAppointment DateStatus
Eric Brown Country flag representing Us Director 10-Nov-2017Current
Ravi Ramakrishna Country flag representing In Director 04-Jun-2021Current
Parthasarathy Srinivasa Country flag representing In Director 09-Feb-2024Current
Lavanyakumar Kondapally Country flag representing In Whole-Time Director 07-May-2014Current
Virginia Sharma Country flag representing Us Director 09-Nov-2022Current
Chandrasekhar Sripada Country flag representing In Director 12-Feb-2019Current

Financial Performance of Pennar Industries.

Pennar Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.22% increase. The company also saw a substantial improvement in profitability, with a 3738.2% increase in profit. The company's net worth moved up by a moderate rise of 4.71%.

Pennar Industries revenue growth over time
Pennar Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
31.22%
Revenue from Operations
31.53%
Total Assets
8.93%
Profit or Loss
3738.20%
Net Worth
4.71%
EBITDA
68.55%

What is the Ownership and Shareholding Structure of Pennar Industries?

In 2022, Pennar Industries had a promoter holding of 37.71% and a public holding of 62.29%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,728.41 Cr

Satisfied Charges

₹2,663.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 1707.27 Cr
  • Tata Capital Financial Services Limited : 18.00 Cr
  • Indian Bank : 2.11 Cr
  • Axis Bank Limited : 1.01 Cr
  • The Vysya Bank Ltd. : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2024Others₹45.00 CrOpen
11 Sep 2024Others₹77.35 CrOpen
22 Jul 2024Indian Bank₹7.00 MOpen
26 Mar 2024Indian Bank₹1.41 CrOpen
16 Feb 2024Others₹40.00 CrOpen

How Many Employees Work at Pennar Industries?

Pennar Industries has a workforce of 2214 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Pennar Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pennar Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pennar Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Pennar Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100997955 was registered on 30 Oct 2024.

  • Annual General Meeting

    Pennar Industries Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 77.35 Cr with Charge ID 100978237 was registered on 11 Sep 2024.

  • Charges

    A charge with Others of Rs. 1,370.03 Cr registered on 19 Mar 2020 with Charge ID 100334443 was modified on 30 Jul 2024.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.70 Cr with Charge ID 100960776 was registered on 22 Jul 2024.

  • Charges

    A charge registered on 02 Jan 2023 via Charge ID 100672115 with Others was fully satisfied on 20 Jun 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Pennar Industries Limited?

    Pennar Industries Limited was incorporated on 08 Aug 1975.

  • What is authorized share capital and paid-up capital of Pennar Industries Limited?

    The authorized share capital of Pennar Industries Limited is ₹ 151.00 Cr and paid-up capital is ₹ 67.47 Cr.

  • Who are the current board members & directors of Pennar Industries Limited?

    Currently 10 directors are associated with Pennar Industries Limited.

    • Ravi Venkata Siva Ramakrishna
    • Parthasarathy Vankipuram Srinivasa
    • Aditya Narsing Rao
    • Lavanyakumar Rao Kondapally
    • Virginia Sharma
    • Chandrasekhar Sripada
    • Potluri Rao Venkateswara
    • Eric James Brown
    • Shrikant Bhakkad
    • Mohammed Ali Baig

  • What is the registered address of Pennar Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pennar Industries Limited is 2-91/14/8/Pil/10 11 7Th Floor Whitefields, Hyderabad India, Serilingampally, Telangana, 500084.

  • What is the corporate identification number (CIN) and company number of Pennar Industries Limited?

    The corporate identification number (CIN) of Pennar Industries Limited is L27109TG1975PLC001919 and the company number is 001919 as per Ministry of Corporate Affairs (MCA).

  • Is Pennar Industries Limited registered with any stock exchange in India?

    Yes, Pennar Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PENIND.

  • What is the official website of Pennar Industries Limited?

    The Official website of Pennar Industries Limited is https://www.pennarindia.com

  • What has been the recent revenue trend for Pennar Industries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Pennar Industries Limited has risen by 31.22%.

  • How many employees does Pennar Industries Limited currently have?

    As Per 2022 financial reports, 2214 employees are currently employed by Pennar Industries Limited.

  • What change has been observed in the net worth of Pennar Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Pennar Industries Limited has experienced an upsurge of 4.71%.

  • What are the total open charges for Pennar Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Pennar Industries Limited amount to ₹ 1,728.41 Cr.

  • When was the last Balance Sheet of Pennar Industries Limited filed with the ROC?

    The most recent Balance Sheet for Pennar Industries Limited was filed with the ROC on 31 Mar 2024.

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