---
title: "Pennar Engineered Building Systems Ltd(Merged) (PENPEBS) — Share Price, Financials & Analysis"
symbol: "PENPEBS"
company: "Pennar Engineered Building Systems Ltd(Merged)"
canonical: "https://tapetide.com/stocks/PENPEBS"
isin: "INE455O01019"
nse_symbol: "PENPEBS"
generated_at: "2026-09-13T22:53:38.998Z"
---

# Pennar Engineered Building Systems Ltd(Merged) (PENPEBS)

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

## Company

- **NSE Symbol:** PENPEBS
- **ISIN:** INE455O01019
- **Stock Type:** DELISTED
- **Listed Since:** 2015-09-10
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** pebspennar.in

## About

Pennar Engineered Building Systems Limited is an India-based company, which engaged in manufacture and erection of steel products.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 1.06 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 12.0% over past five years.
- Company has a low return on equity of 11.5% over last 3 years.
- Earnings include an other income of Rs.18.4 Cr.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -2% | -12% | 0% |
| revenue growth | 18% | 4% | 12% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 94 | 120 | 138 | 149 | 120 | 133 | 116 | 142 | 114 | 134 | 154 | 203 |
| Expenses | 83 | 107 | 125 | 147 | 110 | 124 | 109 | 134 | 109 | 134 | 148 | 185 |
| Operating Profit | 11 | 13 | 13 | 3 | 10 | 9 | 7 | 8 | 4 | 0 | 6 | 17 |
| OPM % | 12 | 11 | 10 | 1.7 | 8 | 7 | 6 | 6 | 3.8 | -0.1 | 4.2 | 9 |
| Other Income | 1 | 2 | 1 | 1 | 1 | 3 | 1 | 7 | 3 | 7 | 3 | 6 |
| Interest | 4 | 4 | 5 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 5 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 7 | 9 | 8 | -1 | 5 | 6 | 4 | 10 | 2 | 1 | 4 | 16 |
| Tax % | 38 | 35 | 36 | -214 | 30 | 34 | 43 | 33 | 34 | 22 | 23 | 36 |
| Net Profit | 4 | 6 | 5 | 1 | 3 | 4 | 2 | 7 | 1 | 1 | 3 | 10 |
| EPS in Rs | 1.26 | 1.76 | 1.54 | 0.43 | 1.01 | 1.06 | 0.61 | 1.92 | 0.38 | 0.33 | 0.79 | 2.99 |

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 31 | 147 | 248 | 290 | 367 | 449 | 447 | 502 | 510 | 605 |
| Expenses | 29 | 130 | 219 | 254 | 330 | 402 | 382 | 461 | 477 | 577 |
| Operating Profit | 2 | 17 | 29 | 36 | 37 | 47 | 65 | 40 | 34 | 28 |
| OPM % | 7 | 12 | 12 | 12 | 10 | 10 | 15 | 8 | 7 | 4.6 |
| Other Income | 0 | 0 | 0 | 1 | 3 | 2 | 1 | 5 | 12 | 18 |
| Interest | 2 | 7 | 11 | 12 | 8 | 10 | 11 | 17 | 16 | 17 |
| Depreciation | 0 | 2 | 3 | 3 | 3 | 6 | 6 | 5 | 6 | 7 |
| Profit before tax | 0 | 9 | 16 | 22 | 29 | 33 | 49 | 23 | 24 | 23 |
| Tax % | 38 | 34 | 33 | 34 | 37 | 34 | 39 | 26 | 34 | — |
| Net Profit | 0 | 6 | 11 | 15 | 18 | 22 | 30 | 17 | 16 | 15 |
| EPS in Rs | 0.1 | 2.35 | 4.23 | 5.9 | 7.28 | 7.91 | 8.79 | 5 | 4.61 | 4.49 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 28 | 34 | 34 | 34 | 34 |
| Reserves | 0 | 6 | 17 | 43 | 77 | 99 | 178 | 138 | 153 | 168 |
| Borrowings | 43 | 51 | 55 | 56 | 40 | 44 | 55 | 55 | 76 | 84 |
| Other Liabilities | 14 | 48 | 87 | 114 | 122 | 148 | 219 | 307 | 252 | 247 |
| Total Liabilities | 83 | 130 | 184 | 238 | 264 | 319 | 486 | 534 | 515 | 533 |
| Fixed Assets | 40 | 48 | 48 | 46 | 62 | 65 | 67 | 65 | 63 | 112 |
| CWIP | 0 | 0 | 1 | 14 | 6 | 0 | 0 | 1 | 5 | 46 |
| Investments | 0 | 0 | 0 | 3 | 26 | 26 | 33 | 35 | 47 | 50 |
| Other Assets | 42 | 82 | 134 | 174 | 170 | 227 | 386 | 432 | 400 | 325 |
| Total Assets | 83 | 130 | 184 | 238 | 264 | 319 | 486 | 534 | 515 | 533 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -19 | — | — | — | — | — | — | — | — |
| Cash from Investing Activity | -30 | — | — | — | — | — | — | — | — |
| Cash from Financing Activity | 56 | — | — | — | — | — | — | — | — |
| Net Cash Flow | 7 | — | — | — | — | — | — | — | — |
| Free Cash Flow | -50 | — | — | — | — | — | — | — | — |
| CFO/OP | -832 | — | — | — | — | — | — | — | — |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 84 | 61 | 64 | 80 | 68 | 103 | 114 | 53 | 64 |
| Inventory Days | 333 | 184 | 106 | 95 | 116 | 92 | 143 | 318 | 264 |
| Days Payable | 102 | 100 | 112 | 111 | 147 | 154 | 212 | 260 | 180 |
| Cash Conversion Cycle | 314 | 145 | 58 | 64 | 37 | 42 | 45 | 111 | 148 |
| Working Capital Days | 242 | 75 | 58 | 42 | 47 | 65 | 81 | 69 | 94 |
| ROCE % | — | 21 | 30 | 31 | 28 | 28 | 28 | 16 | 16 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- |
| Promoters | 62.57% | 63.45% | 63.46% |
| FIIs | 0% | 0% | 0.99% |
| DIIs | 23.34% | 15.63% | 11.87% |
| Public | 14.07% | 20.9% | 23.68% |
| No. of Shareholders | 4389 | 7327 | 6883 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.57% | 62.57% | 62.57% | 62.57% | 62.57% | 63.45% | 63.45% | 63.45% | 63.46% | 63.46% | 63.46% | 63.46% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.88% | 0.88% | 1.32% | 0.99% |
| DIIs | 24.13% | 23.59% | 24.58% | 23.34% | 23.17% | 20.06% | 19.61% | 15.63% | 13.85% | 12.26% | 12.14% | 11.87% |
| Public | 13.3% | 13.82% | 12.84% | 14.07% | 14.25% | 16.48% | 16.92% | 20.9% | 21.81% | 23.4% | 23.08% | 23.68% |
| No. of Shareholders | 4737 | 3765 | 3587 | 4389 | 4314 | 4997 | 6262 | 7327 | 7314 | 7261 | 7046 | 6883 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 4 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 228.72 | Sell |
| EMA (10) | 225.94 | Sell |
| SMA (20) | 241.9 | Sell |
| EMA (20) | 234 | Sell |
| SMA (50) | 244.63 | Sell |
| EMA (50) | 244.06 | Sell |
| SMA (100) | 262.54 | Sell |
| EMA (100) | 242.39 | Sell |
| SMA (200) | 205.82 | Buy |
| EMA (200) | 211.69 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 33.36 | Neutral |
| MACD (12,26,9) | -8.62 | Sell |
| Stochastic (14,3,3) | 8.49 | Buy |
| ADX (14) | 21.01 | Neutral |
| Williams %R (14) | -86.24 | Buy |
| ATR (14) | 10.54 | High Volatility |
| ROC (12) | -12.96 | Sell |
| Stoch RSI (14) | 15.95 | Buy |
| UO (7,14,28) | 37.2 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| — | [The Company Has Fixed Friday The 7Th June, 2019 As The Record Date For The Purpose Of Determining The Shareholders Entitled To Receive The Shares Of The Transferee Company Pursuant To The Scheme. 28 May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=334a8ecd-66e4-4634-8d9b-72e6f8d16a3f.pdf) |
| — | [Revised Intimation Of Record Date - Reg. 28 May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b592a7e4-2ac3-4155-b279-e8794e4fd6ac.pdf) |
| — | [The Company Has Fixed Friday The 7Th June, 2019 As The Record Date For The Purpose Of Determining The Shareholders Entitled To Receive The Shares Of The Transferee Company Pursuant To The Scheme. 28 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/334a8ecd-66e4-4634-8d9b-72e6f8d16a3f.pdf) |
| — | [Revised Intimation Of Record Date - Reg. 28 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b592a7e4-2ac3-4155-b279-e8794e4fd6ac.pdf) |
| — | [Reg.24(A)-Annual Secretarial Compliance 24 May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de432358-ffb4-4790-9fc1-d81dfe3c07d4.pdf) |
| — | [Reg.24(A)-Annual Secretarial Compliance 24 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de432358-ffb4-4790-9fc1-d81dfe3c07d4.pdf) |
| — | [Format of Initial Disclosure to be made by an entity identified as a Large Corporate 22 May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3350f4a9-8fbb-4516-a54c-4d3ac9875bb9.pdf) |
| — | [Audited Financial Results For The Year Ended 31.03.2019. 22 May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=203e5bac-5e12-4de2-8b1a-1ce59a6a1a74.pdf) |
| — | [Format of Initial Disclosure to be made by an entity identified as a Large Corporate 22 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3350f4a9-8fbb-4516-a54c-4d3ac9875bb9.pdf) |
| — | [Audited Financial Results For The Year Ended 31.03.2019. 22 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/203e5bac-5e12-4de2-8b1a-1ce59a6a1a74.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C6CEAA62_64BA_4101_A294_BB59907957A1_163917.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fe6d083-756e-4d1b-9fb6-5970ac6021e6.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/6fe6d083-756e-4d1b-9fb6-5970ac6021e6.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=adf26532-6689-4036-9db9-b5c975e3cfe1.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/adf26532-6689-4036-9db9-b5c975e3cfe1.pdf) |
| Aug 2017 | [Concall - Aug 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f15db803-dddf-4933-9be8-48fc94a0a778.pdf) |
| Aug 2017 | [Concall - Aug 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/8/f15db803-dddf-4933-9be8-48fc94a0a778.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539333/5393330318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539333/5393330317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539333/5393330316.pdf) |

---

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 2026-09-13T22:53:38.998Z.