Financials Piramal Enterprises Limited NSE India S.E.

Equities

PEL

INE140A01024

Consumer Lending

Market Closed - NSE India S.E. 07:43:48 2024-04-26 am EDT 5-day change 1st Jan Change
925.8 INR +1.96% Intraday chart for Piramal Enterprises Limited +10.85% -0.61%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 508,096 211,735 395,143 521,981 161,730 207,825 - -
Enterprise Value (EV) 1 508,096 211,735 395,143 978,348 161,730 207,825 207,825 207,825
P/E ratio 37.3 x 824 x 31.5 x 27.2 x 1.63 x -56.5 x 14.4 x 11.1 x
Yield 1.02% 1.49% 1.88% 1.51% 4.57% 3.38% 3.56% 4.11%
Capitalization / Revenue 3.84 x 1.62 x 3.08 x 3.73 x 3.21 x 4.67 x 3.46 x 2.84 x
EV / Revenue 3.84 x 1.62 x 3.08 x 3.73 x 3.21 x 4.67 x 3.46 x 2.84 x
EV / EBITDA 7,161,730 x - 5,293,810 x 8,092,466 x - - - -
EV / FCF - - - 6,699,659 x - - - -
FCF Yield - - - 0% - - - -
Price to Book 1.86 x 0.69 x 1.16 x 1.38 x 0.52 x 0.76 x 0.72 x 0.69 x
Nbr of stocks (in thousands) 184,447 225,538 225,538 238,664 238,664 224,664 - -
Reference price 2 2,755 938.8 1,752 2,187 677.6 925.0 925.0 925.0
Announcement Date 4/26/19 5/11/20 5/13/21 5/26/22 5/5/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 132,153 130,683 128,094 139,933 50,450 44,518 60,092 73,230
EBITDA 70,946 - 74,642 64,502 - - - -
EBIT 1 65,744 62,366 69,034 57,844 28,300 24,821 32,539 42,780
Operating Margin 49.75% 47.72% 53.89% 41.34% 56.1% 55.75% 54.15% 58.42%
Earnings before Tax (EBT) 1 20,119 14,071 34,558 25,096 59,910 4,174 17,162 23,458
Net income 1 14,731 240.3 13,323 19,231 99,690 -5,916 14,451 18,706
Net margin 11.15% 0.18% 10.4% 13.74% 197.6% -13.29% 24.05% 25.54%
EPS 2 73.86 1.140 55.68 80.40 416.3 -16.37 64.32 83.27
Free Cash Flow - - - 77,912 - - - -
FCF margin - - - 55.68% - - - -
FCF Conversion (EBITDA) - - - 120.79% - - - -
FCF Conversion (Net income) - - - 405.13% - - - -
Dividend per Share 2 28.00 14.00 33.00 33.00 31.00 31.25 32.95 38.05
Announcement Date 4/26/19 5/11/20 5/13/21 5/26/22 5/5/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 31,686 34,016 29,087 31,055 38,162 41,629 35,484 - - 11,400 - 18,367 12,301 17,870
EBITDA - 17,779 15,498 15,542 21,700 11,763 15,959 - - - - - - -
EBIT 1 - - - - - - - 4,560 6,380 4,660 10,248 5,526 5,032 8,018
Operating Margin - - - - - - - - - 40.88% - 30.09% 40.91% 44.87%
Earnings before Tax (EBT) - - - - - 1,744 - - - - - - - -
Net income 1 7,797 - - - - 1,095 4,961 -15,364 35,450 -1,960 5,088 2,767 1,221 10,064
Net margin 24.61% - - - - 2.63% 13.98% - - -17.19% - 15.07% 9.93% 56.32%
EPS 2 32.59 - - - - - - -64.37 - - 21.25 6.500 5.300 -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/11/21 5/13/21 8/6/21 11/11/21 2/10/22 5/26/22 7/29/22 11/9/22 2/9/23 5/5/23 7/28/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - 456,366 - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - 7.075 x - - - -
Free Cash Flow - - - 77,912 - - - -
ROE (net income / shareholders' equity) 5.47% 4.17% 8.02% 5.92% 5.72% 0.54% 5.66% 6.93%
ROA (Net income/ Total Assets) - 1.5% 3.41% 2.32% 2.07% 0.18% 1.78% 1.93%
Assets 1 - 16,020 390,933 827,500 4,811,293 -3,286,778 814,160 971,766
Book Value Per Share 2 1,478 1,355 1,508 1,582 1,301 1,220 1,277 1,333
Cash Flow per Share - - - 390.0 - - - -
Capex - - - 9,584 - - - -
Capex / Sales - - - 6.85% - - - -
Announcement Date 4/26/19 5/11/20 5/13/21 5/26/22 5/5/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
925 INR
Average target price
989.3 INR
Spread / Average Target
+6.94%
Consensus
  1. Stock Market
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  5. Financials Piramal Enterprises Limited