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
14.007831
debtToEquity
243.907000
earningsGrowth
0.514000
revenueGrowth
-0.093000
grossMargins
0.985530
operatingMargins
0.124700
trailingEps
25.410000
forwardEps
136.570000
PEL's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities. PEL's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests PEL may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions. With PEL's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in PEL's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
Price projections for PEL Price projections for Piramal Enterprises Limited have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe Piramal Enterprises Limited is well-positioned for continued success.
Recommendation changes over time:
Recommendations trend for PEL
PEL has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see PEL as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
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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