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's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
0.000000
forwardPE
15.535138
debtToEquity
243.907000
earningsGrowth
0.514000
revenueGrowth
-0.093000
grossMargins
0.985530
operatingMargins
0.124700
trailingEps
25.490000
forwardEps
136.570000
Piramal Enterprises Limited's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns. PEL's high debt-to-equity ratio suggests a heavily leveraged capital structure. The company relies on debt to fund operations, which could heighten financial risks, particularly if economic conditions deteriorate or profitability declines. PEL's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in PEL's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Price projections for PEL Over time, price projections for PEL have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect PEL to continue on a positive growth trajectory.
Recommendation changes over time:
Recommendations trend for PEL
A recent sell bias from analysts toward Piramal Enterprises Limited suggests caution, but investors should look beyond this sentiment. It's advisable to consider a broad range of market indicators to make well-informed decisions, ensuring a deeper understanding of the stock's potential and market behavior.
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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