Pennar Industries share price today

Pennar Industries Ltd's share price was ₹160.44 at the close on 4 November 2026. It has been falling for 43 weeks. That is 6.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹137 and ₹276, and at that close it sat 17% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Pennar Industries Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +248% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 10 quarters in a row, profit up on a year earlier for 11 quarters in a row (every quarter we can compare) and foreign funds (FIIs) cut their stake for 4 quarters in a row.

1. Indian funds and insurers (DIIs) raised their stake for 10 quarters in a row

   From 0.3% to 6% of the company by the September 2026 quarter.

2. Profit up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter profit was ₹35 crore, +9.4% on a year earlier.

   Why: Profit rose because more work came from higher-margin US building projects and engineering services, and because the company spread its fixed costs over more work.

   Next results: check whether the large building-project backlogs turn into sales and whether profit margins recover as management expects.

   From the earnings call on 13 Aug 2026.

3. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 6.7% to 3.6% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Pennar Industries reported revenue of ₹870 crore, up 2.8% from ₹846 crore a year earlier, and a profit of ₹35.0 crore, up 9.4% from ₹32.0 crore.

Pennar Industries results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Pennar Industries' management discussed these results on a call held on 13 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Pennar Industries closed at ₹160.44 on 4 November 2026, down 41.9% from ₹275.95 a year earlier (7 November 2025) and up 479.2% over five years. Its highest weekly close since March 2016 was ₹275.95 on 7 November 2025.

Pennar Industries share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Pennar Industries closed at ₹160.44, up 3.8% on the week and down 7.5% on the month. 13 Aug 2026: Pennar Industries held its results call for April to June 2026. Management guided: FY27 profit growth goal of 20%, with management saying it will achieve the goal.

Earlier

• Results for April to June 2026: Revenue up 2.8% and profit up 9.4% on a year earlier.

Pennar Industries has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Pennar Industries Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 13 August 2026, Pennar Industries' management guided: FY27 profit growth goal of 20%, with management saying it will achieve the goal.

“A larger order backlog and greater execution capacity equal revenue growth. That is the equation here, and we want to ensure that we realize it.”Aditya Rao, on the call for April to June 2026

What management guided

• FY27-end debt/equity around 0.7x; anything higher is unacceptable.
• ROCE above 20% in Q2 and 25-30% for FY27, with 25% as baseline; ROE above 12%.
• Q2 PEB India and PEB US revenue and profitability expected to grow double-digit; operating margins expected back to prior levels from Q2.
• BIW revenue expected to double over the next three months after new-plant commissioning and scheduled programs.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 13 August 2026.

When Pennar Industries reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 PEB India and PEB US backlog conversion and operating-margin recovery after drawings, clearances, capacity and labour fixes.

Pennar Industries is not on any of our India lists this week.

Pennar Industries Ltd earned ₹35.0 Cr of net profit in the Jun 2026 quarter, +9.4% on the same quarter a year earlier. That is the 12th quarter in a row of profit growth. Full-year FY26 profit was ₹139 Cr. Over 10 years profit has grown 9.1% a year on average. That is 4.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹32.0 Cr.

For the full year, FY26 profit was ₹139 Cr (+16.8% on the year before).

Why profit moved: revenue changed +2.8% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +13.8% and revenue +9.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Pennar Industries Ltd reported ₹870 Cr of revenue in the Jun 2026 quarter, +2.8% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 10.3% a year on average. The last full year, FY26, came in at ₹3,620 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,645 Cr.

FY26 revenue was ₹3,620 Cr, +12.2% on the year before.

Recent pace: the last four quarters grew +9.6% on average, against 10.3% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +9.1%, against +8.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +13.6%, against +18.0% a year (rolling over).

Pennar Industries Ltd's operating margin was 11.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 6.0% and 12.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed +1.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 192% of Pennar Industries Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹202 Cr of operating cash against ₹139 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹331 Cr of spending on assets, free cash was −₹129 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 192% of profit came in as cash: the cash cycle got 27 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.3× depreciation over three years. The next section checks what that spending is building.

Pennar Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 93 days in FY26, down from 120 days in FY21. It spent ₹727 Cr on assets over the last 3 years. Customers take 74 days to pay, and stock sits for 176 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,620 Cr, each day of that cycle ties up about ₹9.9 Cr, so roughly ₹922 Cr is tied up in the business at any time.

FY26: customers took 74 days to pay and stock sat for 176 days, about 5.8 months of sales sitting as stock, for a full cycle of 93 days, shorter than FY21's 120.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 176 days. Customers pay about 74 days after that. Suppliers are paid at 157 days. Together that makes the 93-day cycle.

Spending on assets: ₹727 Cr over the last 3 years, against ₹219 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹136 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Pennar Industries Ltd's P/E is 15.3×, in the middle of its own history: higher than 58% of past readings. Its usual P/E (the middle reading) is 14.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.