---
title: "PIL Industries Ltd (521153) — Share Price, Financials & Analysis"
symbol: "521153"
company: "PIL Industries Ltd"
canonical: "https://tapetide.com/stocks/521153"
isin: "INE121F01015"
bse_code: "521153"
generated_at: "2026-10-13T11:00:58.001Z"
---

# PIL Industries Ltd (521153)

Canonical page: https://tapetide.com/stocks/521153

## Company

- **BSE Code:** 521153
- **ISIN:** INE121F01015
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Earnings include an other income of Rs.55.8 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -230% | -9% | -4% |
| revenue growth | -4% | 18% | 11% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 96 | 86 | 120 | 139 | 145 | 142 | 154 | 176 | 170 | 173 | 193 | 210 |
| Expenses | 84 | 81 | 99 | 113 | 118 | 120 | 122 | 126 | 123 | 130 | 130 | 131 |
| Operating Profit | 12 | 5 | 21 | 25 | 27 | 22 | 33 | 50 | 46 | 44 | 64 | 78 |
| OPM % | 12 | 6 | 18 | 18 | 19 | 16 | 21 | 28 | 27 | 25 | 33 | 37 |
| Other Income | 21 | 21 | -2 | -32 | 17 | 15 | 18 | 17 | 20 | 25 | 29 | 12 |
| Interest | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Depreciation | 8 | 8 | 9 | 10 | 10 | 10 | 11 | 11 | 10 | 9 | 9 | 9 |
| Profit before tax | 23 | 16 | 8 | -19 | 31 | 24 | 37 | 53 | 53 | 57 | 80 | 78 |
| Tax % | 24 | 14 | 34 | 26 | 20 | 7 | 17 | 15 | 14 | 17 | 20 | 21 |
| Net Profit | 18 | 14 | 5 | -24 | 25 | 23 | 31 | 46 | 46 | 47 | 64 | 62 |
| EPS in Rs | 3.19 | 2.77 | 0.64 | -5.17 | 4.8 | 4.72 | 5.89 | 9.01 | 8.82 | 9.03 | 12.53 | 11.68 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2006 | Mar 2008 15m | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 67 | 104 | 97 | 171 | 228 | 714 | 236 | 312 | 408 | 391 |
| Expenses | 66 | 147 | 98 | 142 | 204 | 696 | 235 | 314 | 404 | 419 |
| Operating Profit | 1 | -43 | -1 | 29 | 24 | 18 | 1 | -2 | 4 | -28 |
| OPM % | 1.6 | -41 | -0.8 | 17 | 10 | 2.5 | 0.5 | -0.6 | 1 | -7 |
| Other Income | 2 | 68 | 41 | 3 | 3 | 6 | 2 | 4 | 4 | 56 |
| Interest | 5 | 23 | 48 | 31 | 43 | 44 | 19 | 35 | 13 | 21 |
| Depreciation | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 2 |
| Profit before tax | -2 | 1 | -9 | 1 | -17 | -21 | -16 | -34 | -6 | 5 |
| Tax % | 4 | 10 | 6 | -17 | 0 | 0 | 0 | 0 | 0 | 16 |
| Net Profit | -2 | 1 | -10 | 1 | -17 | -21 | -16 | -34 | -6 | 4 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 |
| Reserves | 2 | 3 | 20 | 22 | 4 | -16 | -33 | -18 | -24 | -28 |
| Borrowings | 91 | 430 | 302 | 302 | 757 | 488 | 581 | 197 | 341 | 375 |
| Other Liabilities | 30 | 89 | 102 | 245 | 185 | 564 | 678 | 1115 | 1157 | 983 |
| Total Liabilities | 129 | 527 | 431 | 576 | 953 | 1043 | 1233 | 1302 | 1482 | 1337 |
| Fixed Assets | 12 | 11 | 10 | 9 | 8 | 8 | 7 | 38 | 51 | 49 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 38 | 175 | 200 | 407 | 494 | 562 | 691 | 720 | 978 | 1010 |
| Other Assets | 79 | 341 | 221 | 160 | 450 | 473 | 535 | 544 | 452 | 278 |
| Total Assets | 129 | 527 | 431 | 576 | 953 | 1043 | 1233 | 1302 | 1482 | 1337 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -31 | -234 | 142 | 226 | -284 | 96 | 287 | 192 | 188 | 2 |
| Cash from Investing Activity | -1 | -104 | 15 | -206 | -86 | -64 | -129 | -58 | -271 | -4 |
| Cash from Financing Activity | 32 | 339 | -148 | -30 | 390 | -40 | -160 | -145 | 83 | 1 |
| Net Cash Flow | 0 | 0 | 10 | -9 | 20 | -9 | -2 | -11 | 1 | 0 |
| Free Cash Flow | -29 | -234 | 142 | 228 | -284 | 96 | 287 | 192 | 188 | 2 |
| CFO/OP | -2868 | 544 | -19268 | 772 | -1192 | 541 | 26361 | -10224 | 4620 | -7 |

### Ratios

| Item | Dec 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 176 | 186 | 69 | 120 | 170 | 92 | 276 | 94 | 16 | 13 |
| Inventory Days | 270 | 119 | 282 | 181 | 502 | 118 | 305 | 268 | 188 | 105 |
| Days Payable | 182 | 62 | 31 | 623 | 151 | 100 | 315 | 76 | 101 | 50 |
| Cash Conversion Cycle | 263 | 243 | 320 | -323 | 521 | 110 | 265 | 286 | 104 | 68 |
| Working Capital Days | 264 | 884 | 410 | -185 | 551 | -53 | -238 | -667 | -630 | -658 |
| ROCE % | 3 | -3 | 10 | 10 | 5 | 3 | 1 | 0 | 3 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- |
| FIIs | 17.55% | 69.95% | 69.71% | 60.96% | 64.58% |
| DIIs | 6.2% | 4.51% | 4.96% | 15.36% | 9.97% |
| Public | 76.25% | 25.55% | 25.33% | 23.68% | 25.44% |
| No. of Shareholders | 424642 | 354671 | 289384 | 195201 | 154468 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FIIs | 69.95% | 69.69% | 70.14% | 71.93% | 69.71% | 59.31% | 51.63% | 55.12% | 60.96% | 67.3% | 68.51% | 64.58% |
| DIIs | 4.51% | 4.61% | 4.52% | 4.38% | 4.96% | 12.91% | 22.01% | 19.67% | 15.36% | 10.49% | 9.95% | 9.97% |
| Public | 25.55% | 25.69% | 25.33% | 23.68% | 25.33% | 27.78% | 26.36% | 25.21% | 23.68% | 22.2% | 21.54% | 25.44% |
| No. of Shareholders | 354671 | 343391 | 326417 | 305593 | 289384 | 279172 | 258990 | 227256 | 195201 | 177058 | 152103 | 154468 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 621.23 | Buy |
| EMA (10) | 618.49 | Buy |
| SMA (20) | 614.12 | Buy |
| EMA (20) | 598.91 | Buy |
| SMA (50) | 528.82 | Buy |
| EMA (50) | 555.69 | Buy |
| SMA (100) | 520.18 | Buy |
| EMA (100) | 538.47 | Buy |
| SMA (200) | 536.75 | Buy |
| EMA (200) | 552.35 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 66.05 | Neutral |
| MACD (12,26,9) | 28.66 | Sell |
| Stochastic (14,3,3) | 37.06 | Neutral |
| ADX (14) | 57.12 | Buy |
| Williams %R (14) | -48.68 | Neutral |
| ATR (14) | 26.29 | High Volatility |
| ROC (12) | 1.43 | Buy |
| Stoch RSI (14) | 31.05 | Neutral |
| UO (7,14,28) | 47.03 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-05 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7decdc0a-ebee-46dd-9d64-99cd7d31cec2.pdf) |
| 2026-02-15 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e9de16c-a6a7-436b-aec7-f98236b78493.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9462b6c6-0dcd-4917-80c9-237ae324d4ed.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9343d04-d5bf-4fdc-82f0-4d774f243202.pdf) |
| 2026-02-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ee9d253-043d-48b5-9044-c421e1aaadc7.pdf) |
| 2026-01-30 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8318f6b-6eb8-4c22-9a5d-e9b40ba5e67a.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c57316cc-dcc5-4584-bc9e-a16db268d5f2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/215957cb-c034-48bf-afba-851eb23cd7fd.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c46d0083-3d30-4b3d-a9aa-11a3c6fb55b7.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f17d5311-211e-4337-873a-2c3f900f08c9.pdf) |
| 2022 | [Financial Year 2022](https://archives.nseindia.com/annual_reports/AR_21284_CARTRADE_2021_2022_04092022001338.zip) |
| 2022 | Financial Year 2022 |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/543333/75169543333.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9343d04-d5bf-4fdc-82f0-4d774f243202.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d83da7d-4123-4d71-baf2-b5a7e7bce3f5.pdf) |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23f7f5df-85ab-4788-81a1-2e9173ab56e7.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9880b2a-75dd-4022-8c68-a6753b144478.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f573156-537d-4f6a-b090-a5b4fff105ba.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a23373c5-62f2-424e-b20c-1f254423aa9e.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ba2b47b-32a3-4ef6-a5ec-f6392a14051f.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17e7901f-2612-468a-ab46-cf4c4101c0ec.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/672a2c47-4445-4a4a-a820-66c535e28cef.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8028dea5-4a62-49ab-8e4f-3a4079805f66.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2018-01-15 | Credit rating update — ICRA |
| 2017-12-13 | Credit rating update — ICRA |
| 2017-02-01 | Credit rating update — ICRA |
| 2016-04-11 | Credit rating update — ICRA |
| 2016-03-14 | Credit rating update — ICRA |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:58.001Z.