Piramal Enterprises Limited operates as a non-banking financial company in India. The company provides housing finance and other financing solutions, such as structured debt, construction finance, flexi lease rental discounting to real estate sector; and funding solutions to infrastructure, renewable energy, roads, industrials, auto components, and other sectors. It also operates distressed asset investing platform that invests in equity and/or debt in assets. In addition, the company provides life insurance services, as well as engages in fund management and property leasing businesses. Piramal Enterprises Limited was formerly known as Piramal Healthcare Limited and changed its name to Piramal Enterprises Limited in July 2012. The company was incorporated in 1947 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for PEL PEL is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
currentRatio
0.000000
forwardPE
21.802807
debtToEquity
213.771000
earningsGrowth
0.000000
revenueGrowth
-0.055000
grossMargins
0.970430
operatingMargins
-0.296370
trailingEps
22.060000
forwardEps
136.570000
Piramal Enterprises Limited's Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation. PEL's elevated debt-to-equity ratio reflects a high level of debt relative to equity, signaling that the company is heavily leveraged. This reliance on debt could increase financial risk in periods of economic uncertainty. PEL's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins. PEL's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that PEL's financial performance will improve in the current financial year.
Price projections:
Price projections for PEL
Recommendation changes over time:
Recommendations trend for PEL
The recent sell bias from analysts toward PEL suggests investors should exercise caution. Instead of acting on this bias alone, it's important to evaluate a broader range of market indicators to make more balanced and informed decisions regarding the stock's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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