Pennar Industries Profile
Key Indicators
- Authorised Capital ₹ 151.00 Cr
- Paid Up Capital ₹ 67.47 Cr
- Company Age 49 Year, 6 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 six 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
Industry
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.
Who are the key members and board of directors at Pennar Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aditya Rao  | Managing Director | 30-Sep-2014 | Current |
| Shrikant Bhakkad | CFO | 26-Jun-2023 | Current |
| Mohammed Baig | Company Secretary | 06-Dec-2013 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Eric Brown  | Director | 10-Nov-2017 | Current |
| Ravi Ramakrishna | Director | 04-Jun-2021 | Current |
| Parthasarathy Srinivasa | Director | 09-Feb-2024 | Current |
| Lavanyakumar Kondapally | Whole-Time Director | 07-May-2014 | Current |
| Virginia Sharma | Director | 09-Nov-2022 | Current |
| Chandrasekhar Sripada | Director | 12-Feb-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Charges (Loans)
₹1,728.41 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2024 | Others | ₹45.00 Cr | Open |
| 11 Sep 2024 | Others | ₹77.35 Cr | Open |
| 22 Jul 2024 | Indian Bank | ₹7.00 M | Open |
| 26 Mar 2024 | Indian Bank | ₹1.41 Cr | Open |
| 16 Feb 2024 | Others | ₹40.00 Cr | Open |
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.
Deals i
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
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
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.
