Pennar Industries Limited (PENIND) - Net Assets

Latest as of September 2025: Rs10.70 Billion INR ≈ $115.69 Million USD

Based on the latest financial reports, Pennar Industries Limited (PENIND) has net assets worth Rs10.70 Billion INR (≈ $115.69 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs33.31 Billion ≈ $360.28 Million USD) and total liabilities (Rs22.62 Billion ≈ $244.59 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Pennar Industries Limited (PENIND) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs10.70 Billion
% of Total Assets	32.11%
Annual Growth Rate	11.01%
5-Year Change	43.48%
10-Year Change	66.75%
Growth Volatility	10.54

Pennar Industries Limited - Net Assets Trend (2006–2025)

This chart illustrates how Pennar Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore PENIND total asset value for the complete picture of this company's asset base.

Annual Net Assets for Pennar Industries Limited (2006–2025)

The table below shows the annual net assets of Pennar Industries Limited from 2006 to 2025. For live valuation and market cap data, see Pennar Industries Limited stock valuation.

Year	Net Assets	Change
2025-03-31	Rs10.00 Billion ≈ $108.10 Million	+13.92%
2024-03-31	Rs8.77 Billion ≈ $94.90 Million	+12.64%
2023-03-31	Rs7.79 Billion ≈ $84.24 Million	+5.82%
2022-03-31	Rs7.36 Billion ≈ $79.61 Million	+5.66%
2021-03-31	Rs6.97 Billion ≈ $75.35 Million	-0.60%
2020-03-31	Rs7.01 Billion ≈ $75.80 Million	+4.97%
2019-03-31	Rs6.68 Billion ≈ $72.21 Million	+10.54%
2018-03-31	Rs6.04 Billion ≈ $65.33 Million	-7.98%
2017-03-31	Rs6.56 Billion ≈ $70.99 Million	+9.51%
2016-03-31	Rs5.99 Billion ≈ $64.83 Million	+33.66%
2015-03-31	Rs4.48 Billion ≈ $48.50 Million	+8.64%
2014-03-31	Rs4.13 Billion ≈ $44.65 Million	+10.86%
2013-03-31	Rs3.72 Billion ≈ $40.27 Million	+14.56%
2012-03-31	Rs3.25 Billion ≈ $35.16 Million	+17.37%
2011-03-31	Rs2.77 Billion ≈ $29.95 Million	+24.99%
2010-03-31	Rs2.22 Billion ≈ $23.97 Million	+11.82%
2009-03-31	Rs1.98 Billion ≈ $21.43 Million	+5.31%
2008-03-31	Rs1.88 Billion ≈ $20.35 Million	+35.74%
2007-03-31	Rs1.39 Billion ≈ $14.99 Million	+0.93%
2006-03-31	Rs1.37 Billion ≈ $14.86 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pennar Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 825800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs8.26 Billion	82.71%
Common Stock	Rs674.70 Million	6.76%
Other Comprehensive Income	Rs350.30 Million	3.51%
Other Components	Rs701.50 Million	7.03%
Total Equity	Rs9.98 Billion	100.00%

Pennar Industries Limited Competitors by Market Cap

The table below lists competitors of Pennar Industries Limited ranked by their market capitalization.

Company	Market Cap
Falcon Oil & Gas Ltd. V:FO	$244.71 Million
Launch Two Acquisition Corp. Class A Ordinary Shares NASDAQ:LPBB	$244.72 Million
Ace Bed Company Limited KQ:003800	$245.03 Million
PharmaEngine TWO:4162	$245.05 Million
Ample Electronic Technology Co Ltd TWO:4760	$244.63 Million
Hannong Chem KO:011500	$244.60 Million
Santhera Pharmaceuticals Holding AG SW:SANN	$244.59 Million
Fifth Era Acquisition Corp I Class A Ordinary Shares NASDAQ:FERA	$244.50 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pennar Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 8,765,000,000 to 9,984,500,000, a change of 1,219,500,000 (13.9%).
Net income of 1,192,700,000 contributed positively to equity growth.
Other comprehensive income increased equity by 105,500,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs1.19 Billion	+11.95%
Other Comprehensive Income	Rs105.50 Million	+1.06%
Other Changes	Rs-78.70 Million	-0.79%
Total Change	Rs-	13.91%

Book Value vs Market Value Analysis

This analysis compares Pennar Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.27x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 12.25x to 2.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs13.69	Rs167.64	x
2007-03-31	Rs11.67	Rs167.64	x
2008-03-31	Rs18.86	Rs167.64	x
2009-03-31	Rs15.67	Rs167.64	x
2010-03-31	Rs17.19	Rs167.64	x
2011-03-31	Rs22.02	Rs167.64	x
2012-03-31	Rs25.74	Rs167.64	x
2013-03-31	Rs28.51	Rs167.64	x
2014-03-31	Rs31.02	Rs167.64	x
2015-03-31	Rs33.50	Rs167.64	x
2016-03-31	Rs42.73	Rs167.64	x
2017-03-31	Rs45.70	Rs167.64	x
2018-03-31	Rs33.66	Rs167.64	x
2019-03-31	Rs43.81	Rs167.64	x
2020-03-31	Rs46.33	Rs167.64	x
2021-03-31	Rs48.87	Rs167.64	x
2022-03-31	Rs51.71	Rs167.64	x
2023-03-31	Rs56.65	Rs167.64	x
2024-03-31	Rs64.95	Rs167.64	x
2025-03-31	Rs73.78	Rs167.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pennar Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 11.95%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.70%
• Asset Turnover: 1.09x
• Equity Multiplier: 2.96x
Recent ROE (11.95%) is below the historical average (13.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	30.34%	7.39%	1.69x	2.43x	Rs279.36 Million
2007	10.73%	4.43%	0.99x	2.45x	Rs10.07 Million
2008	16.37%	5.50%	1.61x	1.85x	Rs119.88 Million
2009	19.22%	5.83%	1.78x	1.85x	Rs182.71 Million
2010	23.17%	6.04%	1.59x	2.42x	Rs283.27 Million
2011	28.14%	6.26%	2.14x	2.11x	Rs487.44 Million
2012	20.59%	5.10%	1.83x	2.20x	Rs332.78 Million
2013	12.03%	3.75%	1.48x	2.17x	Rs70.72 Million
2014	6.89%	2.42%	1.29x	2.21x	Rs-116.96 Million
2015	8.87%	2.83%	1.36x	2.30x	Rs-45.89 Million
2016	8.53%	3.36%	0.92x	2.77x	Rs-75.75 Million
2017	8.48%	3.02%	0.99x	2.84x	Rs-83.48 Million
2018	13.71%	4.12%	1.13x	2.96x	Rs190.36 Million
2019	9.95%	3.24%	1.17x	2.61x	Rs-3.09 Million
2020	7.58%	2.59%	1.10x	2.65x	Rs-169.83 Million
2021	0.37%	0.17%	0.81x	2.72x	Rs-670.43 Million
2022	5.69%	1.85%	1.06x	2.91x	Rs-316.88 Million
2023	9.69%	2.61%	1.25x	2.98x	Rs-23.82 Million
2024	11.22%	3.14%	1.19x	3.01x	Rs106.90 Million
2025	11.95%	3.70%	1.09x	2.96x	Rs194.25 Million

Industry Comparison

This section compares Pennar Industries Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $37,677,440,843
Average return on equity (ROE) among peers: 17.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pennar Industries Limited (PENIND)	Rs10.70 Billion	30.34%	2.11x	$244.65 Million
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$31.35 Million
Ador Welding Limited (ADORWELD)	$1.47 Billion	17.36%	0.26x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.37 Billion	15.88%	0.28x	$446.74 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$8.50 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.51 Billion
Bharat Heavy Electricals Limited (BHEL)	$323.31 Billion	1.36%	0.97x	$13.27 Billion
Cummins India Limited (CUMMINSIND)	$51.45 Billion	18.15%	0.38x	$15.79 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-6.22 Billion	0.00%	0.00x	$899.30 Million
Diffusion Engineers Ltd (DIFFNKG)	$1.91 Billion	16.05%	0.44x	$120.60 Million
Ducon Infratechnologies Limited (DUCON)	$236.88 Million	0.26%	0.31x	$11.42 Million

About Pennar Industries Limited

NSE:PENIND India Specialty Industrial Machinery

Market Cap

$244.65 Million

Rs22.62 Billion INR

Market Cap Rank

#15768 Global

#786 in India

Share Price

Rs167.64

Change (1 day)

-0.69%

52-Week Range

Rs130.92 - Rs275.95

All Time High

Rs275.95