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 Piramal Enterprises Limited 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
14.007831
debtToEquity
243.907000
earningsGrowth
0.514000
revenueGrowth
-0.093000
grossMargins
0.985530
operatingMargins
0.124700
trailingEps
25.410000
forwardEps
136.570000
With PEL's Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases. PEL's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise. PEL's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for PEL's financial growth.
Price projections:
Price projections for PEL PEL's price projections have steadily risen over time, pointing to increasing optimism about the company's prospects. This upward revision suggests that analysts expect PEL to continue delivering solid performance in the future.
Recommendation changes over time:
Recommendations trend for PEL
The analysts' recent buy bias for Piramal Enterprises Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view Piramal Enterprises Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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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