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 Investors may react cautiously to news that PEL's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
currentRatio
78.154000
forwardPE
14.580534
debtToEquity
243.907000
earningsGrowth
-0.256000
revenueGrowth
3.004000
grossMargins
0.984890
operatingMargins
0.131030
trailingEps
21.380000
forwardEps
136.570000
Piramal Enterprises Limited's current ratio of 78.154 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Piramal Enterprises Limited can rely on its cash reserves and current assets to cover its immediate liabilities without strain. PEL's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation. PEL's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, PEL may face increased financial risk, especially if its earnings or cash flow come under pressure. With a forward EPS greater than its trailing EPS, PEL is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Price projections for PEL
Recommendation changes over time:
Recommendations trend for PEL
Analysts have provided a mixed outlook for Piramal Enterprises Limited, offering no definitive buy or sell recommendations. This lack of consensus suggests that investors should proceed with caution and consider a variety of market indicators before making decisions, as the stock's future direction remains uncertain.
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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