PEL

Piramal Enterprises Share PricePiramal Enterprises

₹925.9
-13.5 (-1.44%)
As on 07 December, 2023 | 20:06 BSE: 500302 NSE: PELISIN: INE140A01024

Piramal Enterprises Performance

Day Range

  • Low 914.45
  • High 944.00
₹ 925.9

52 Week Range

  • Low 630.45
  • High 1,139.95
₹ 925.9
  • Open Price939.40
  • Previous Close939.40
  • Volume1509864

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Piramal Enterprises Share Price

  • Over 1 Month -7.49%
  • Over 3 Month -13.65%
  • Over 6 Month 16.67%
  • Over 1 Year 5.2%

Piramal Enterprises Key Statistics

P/E Ratio 5.3
PEG Ratio -0.1
Market Cap Cr 20,802
Price to Book Ratio 0.7
EPS 101.4
Dividend 3.3
Relative Strength Index 42.01
Money Flow Index 44.94
MACD Signal -20.15
Average True Range 22.38

Piramal Enterprises Investment Rating

  • Master Rating:
  • Piramal Enterprises has an operating revenue of Rs. 10,455.68 Cr. on a trailing 12-month basis. An annual revenue de-growth of -38% needs improvement, Pre-tax margin of 63% is great, ROE of 32% is exceptional. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 34 which is a POOR score indicating inconsistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 113 indicates it belongs to a poor industry group of Finance-Commercial Loans and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Piramal Enterprises Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 4861,1941813,763455464574
Operating Expenses Qtr Cr 61627031650971130341
Operating Profit Qtr Cr 1539251503,113-516335232
Depreciation Qtr Cr 3228766
Interest Qtr Cr 151201167165150230168
Tax Qtr Cr 41524658-1502244
Net Profit Qtr Cr 3577-572,892-5111,549316
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 4,8372,693
Operating Expenses Annual Cr 1,7041,258
Operating Profit Annual in Cr 3,082968
Depreciation Cr 2323
Interest Annual Cr 712761
Tax Annual Cr -2269
Net Profit Annual Cr 14,333572
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 9171,256
Cash from Investing Activity Annual Cr -37382
Cash from Financing Annual Activity Cr -604-1,556
Net Cash Flow Annual Cr 27682
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 24,03423,122
Fixed Assets Annual Cr 1,3681,421
Total Non Current Assets Annual Cr 2,57326,746
Total Current Assets Annual Cr 30,5313,133
Total Assets Annual Cr 33,10429,879
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1,007969
ROE Annual % 602
ROCE Annual % 115
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 6564
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,0092,8042,1323,2321,8942,0984,163
Operating Expenses Qtr Cr 1,3202,3593,8201,3522,4264132,169
Operating Profit Qtr Cr 1,1181,713813994-1,8891,5831,176
Depreciation Qtr Cr 383741302725190
Interest Qtr Cr 1,0391,0359919591,0001,0441,237
Tax Qtr Cr 111732-3,432-69414524
Net Profit Qtr Cr 48509-1963,545-1,5368,155109
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 9,08714,713
Operating Expenses Annual Cr 7,4347,543
Operating Profit Annual in Cr 1,5006,450
Depreciation Cr 123666
Interest Annual Cr 3,9944,480
Tax Annual Cr -3,978511
Net Profit Annual Cr 9,9691,923
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1,3598,750
Cash from Investing Activity Annual Cr -351-2,226
Cash from Financing Annual Activity Cr -3,325-6,988
Net Cash Flow Annual Cr -2,316-465
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 31,05935,489
Fixed Assets Annual Cr 2,9979,027
Total Non Current Assets Annual Cr 5,57175,560
Total Current Assets Annual Cr 78,18124,312
Total Assets Annual Cr 83,75299,873
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1,3011,544
ROE Annual % 325
ROCE Annual % 28
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1951

Piramal Enterprises Technicals

EMA & SMA

Current Price
₹925.9
-13.5 (-1.44%)
pointer
  • Bullish Moving Average
  • ___
  • 2
  • Bearish Moving Average
  • ___
  • 14
  • 20 Day
  • ₹939.82
  • 50 Day
  • ₹969.69
  • 100 Day
  • ₹971.38
  • 200 Day
  • ₹984.63
  • 20 Day
  • ₹934.77
  • 50 Day
  • ₹985.22
  • 100 Day
  • ₹1,014.22
  • 200 Day
  • ₹895.88

Piramal Enterprises Resistance and Support

PIVOT
₹928.12
Resistance
First Resistance 941.78
Second Resistance 957.67
Third Resistance 971.33
RSI 42.01
MFI 44.94
MACD Single Line -20.15
MACD -15.76
Support
First Resistance 912.23
Second Resistance 898.57
Third Resistance 882.68

Piramal Enterprises Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,613,371 44,448,371 27.55
Week 1,126,248 45,511,690 40.41
1 Month 1,048,123 42,920,643 40.95
6 Month 2,207,987 77,610,734 35.15

Piramal Enterprises Result Highlights

Piramal Enterprises Synopsis

NSE-Finance-Commercial Loans

Piramal Enterprises is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 4785.22 Cr. and Equity Capital is Rs. 47.73 Cr. for the Year ended 31/03/2023. Piramal Enterprises Ltd. is a Public Limited Listed company incorporated on 26/04/1947 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24110MH1947PLC005719 and registration number is 005719.
Market Cap 20,704
Sales 5,665
Shares in Float 12.13
No of funds 289
Yield 3.31
Book Value 0.93
U/D Vol ratio 0.5
LTDebt / Equity 18
Alpha -0.04
Beta 1.67

Piramal Enterprises

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 46.19%43.48%43.48%43.48%
Mutual Funds 5.83%5.85%4.25%2.07%
Insurance Companies 5.12%5.96%5.25%5.27%
Foreign Portfolio Investors 19.69%26.04%28.67%31.25%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 15.13%13.34%13.17%12.33%
Others 8.04%5.32%5.18%5.59%

Piramal Enterprises Management

Name Designation
Mr. Ajay G Piramal Chairman
Dr.(Mrs.) Swati A Piramal Vice Chairperson
Ms. Nandini Piramal Executive Director
Mr. Puneet Dalmia Independent Director
Mr. Anand Piramal Non Executive Director
Mr. Vijay Shah Non Executive Director
Mr. Kunal Bahl Independent Director
Mr. Khushru Jijina Executive Director
Ms. Anjali Bansal Independent Director
Mr. S Ramadorai Independent Director
Mr. Shikha Sharma Independent Director
Mr. N Vaghul Independent Director
Mr. Suhail Nathani Independent Director
Mr. Anita George Independent Director
Mr. Rajiv Mehrishi Independent Director
Mr. Gautam Bhailal Doshi Ind. Non-Executive Director

Piramal Enterprises Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Piramal Enterprises Corporate Action

Date Purpose Remarks
2023-11-09 Quarterly Results
2023-07-28 Quarterly Results & Buy Back
2023-05-05 Audited Results & Final Dividend
2023-02-08 Quarterly Results
2022-11-09 Quarterly Results
Date Purpose Remarks
2023-06-16 FINAL Rs.31.00 per share(1550%)Final Dividend
2022-07-15 FINAL Rs.33.00 per share(1650%)Final Dividend
2021-07-07 FINAL Rs.33.00 per share(1650%)Final Dividend

Piramal Enterprises MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 63,981
Kotak Equity Arbitrage Fund Growth 28,958
SBI Arbitrage Opportunities Fund Regular Growth 22,370
Nippon India Growth Fund - Growth 19,082
ICICI Prudential Equity Arbitrage Fund Regular Growth 15,356

About Piramal Enterprises

Piramal Enterprises Limited is an Indian multinational pharmaceutical and financial services company based in Mumbai, Maharashtra. Founded by Ajay Piramal (who is also the Chairman), the company operates in the pharmaceuticals, financial services and real estate sector.

He founded the company in 1984 after he acquired a small-scale manufacturing unit from his father. Today, Piramal has more than 50 offices across 30 countries and employs over 10,000 people worldwide. With a presence in 100+ countries through its subsidiaries or associate companies. Piramal has been ranked among Forbes Asia’s 200 Best Under A Billion in 2019.

Business Verticals

PEL's Global Pharma division has a strong product portfolio of niche differentiated branded generics that are difficult to manufacture, sell, or distribute. Through its worldwide network of facilities, PEL's Contract Development and Manufacturing Organisation (CDMO) services segment provide end-to-end solutions across the drug life cycle. 

The Indian consumer products division of PEL serves India’s self-care market. PEL's OTC portfolio includes 21 major pharmaceutical and personal care brands in diverse product categories such as Vitamins & Nutrition, Dermatological & Antacids, Analgesics, and Baby Care. PEL's Healthcare Insights & Analytics division is the world's leading provider of healthcare analytics data, insight products and services to the world's leading pharma, biotech and medical technology companies, allowing them to make informed business decisions.

PEL's financial services include wholesale lending, housing finance, and alternative asset management. Piramal Capital & Housing Finance Ltd, PEL's wholly-owned subsidiary, is registered as a housing finance company with National Housing Bank (NHB) and is involved in a variety of financial services businesses. It offers wholesale and retail funding opportunities across industries.

Company History

Piramal Enterprises was founded as Indian Schering Limited on April 26, 1947, by British Schering Ltd. With effect from September 27, 1979, the company's name was changed from Indian Schering Ltd to Nicholas Laboratories India Ltd. Gujarat Glass Ltd (GGL) was acquired with the company on April 1, 1990. The new formulation plant in Pithampur, Madhya Pradesh, was inaugurated in 1991. After a year, in 1992, the company established a second formulation plant in Pithampur, Madhya Pradesh, with cutting-edge manufacturing facilities. The company's name changed from 'Nicholas Laboratories Ltd' to 'Nicholas Piramal India Ltd' on December 2, 1992.
 

Milestones

1988
Entered the pharmaceutical industry with the purchase of Nicholas Laboratories.
A series of mergers and acquisitions, joint ventures and alliances, and organic initiatives.

2010
Over two decades, they built a leading Indian pharmaceutical company.
The Domestic Formulations business was sold to Abbott in 2010 for USD 3.8 billion. Diagnostic Services were sold to Super Religare Laboratories.

From 2020 onwards
Multiple capital raise initiatives helped to strengthen the balance sheet.
Through the sale of DRG and the exit of Shriram Transport, the organization structure was simplified.
Subsidized the pharmaceutical businesses and raised new capital from Carlyle Transforming Financial Services with the DHFL acquisition to deliver long-term growth and profitability.
 

Piramal Enterprises FAQs

What is Share Price of Piramal Enterprises ?

Piramal Enterprises share price is ₹925 As on 07 December, 2023 | 19:52

What is the Market Cap of Piramal Enterprises ?

The Market Cap of Piramal Enterprises is ₹20801.6 Cr As on 07 December, 2023 | 19:52

What is the P/E ratio of Piramal Enterprises ?

The P/E ratio of Piramal Enterprises is 5.3 As on 07 December, 2023 | 19:52

What is the PB ratio of Piramal Enterprises ?

The PB ratio of Piramal Enterprises is 0.7 As on 07 December, 2023 | 19:52

What were the company's most recent reported sales and net income?

Piramal Enterprises Ltd recorded net sales of INR 13993 crores in the year ending March 2022. 

What is the future of the company's shares?

Piramal Enterprises Ltd stock may be a good buy according to market analysts considering meaningful inroads into Retail led by mortgages and small-term loans via digital alliance.

How to buy shares of Piramal Enterprises Ltd.?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Q2FY23