Pennar Industries Promoter Buying, Ganesh Green Bharat Business Update And K.P. Energy Promoter Buying
Pennar Industries Ltd.
Recent filing: (PROMOTER BUYING) Promoter OF Pennar Industries bought 27.2k shares at INR 183/share, aggregating to INR 49L in Mar ‘25.
SUMMARY: 4y Operating Profit uptrend | 3q Operating Profit uptrend | PE 21.9x (Sector PE range 30-60) | Promoter buying | Geographical Expansion | Industrial Products (Railways, Infra, Energy)
FUTURE OUTLOOK: Company is expecting substantial double-digit growth in revenue and profitability in FY25 and FY26. Company is targeting a PAT margin of 5% and a PBT margin of 6.5% to 7% over the next 2 years.
- MCap of INR 2,463 Crore (share price = INR 182 / share) (as on 25th Mar ‘25)
- TTM PE 21.9x (as on 25th Mar ‘25) Retail float = 28.4% (Dec-24)
FOOD FOR THOUGHT: Volatility in price of steel strips (Major raw material).
Stock price can go down or up based on market forces. Always diversify your portfolio.
Question 1: Who are the promoters of Pennar Industries?
Pennar Industries Limited established itself as India’s leading value-added engineering products and solutions company. It has a stronghold in automotive, rail and aerospace, infrastructure and energy sector. Products of the company includes Engineered Components Business, Steel Products and Profiles, Precision Tubes, Hydraulics, Solar Panels, Railway Sub-Assemblies, Aerospace Machined Components etc.
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Ganesh Green Bharat Ltd.
Recent filing: (BUSINESS UDPATE) Ganesh Green Bharat announces a postponement in the commercial production of its solar PV module expansion from 750 MW to 1100 MW due to modernization and equipment upgrades at its Tundali, Mahesana (Gujarat) facility. Earlier scheduled for March 2025, the revised production start date is on or before August 1, 2025.
SUMMARY: 3y Operating Profit uptrend | 2h Operating Profit uptrend | PE 31.1x (Sector PE range 50-90) | Excellent Sep-24 Results | Order book of INR 465 Cr as of 2nd Jan ‘24) | Capacity Expansion | IPO | Clean Energy
FUTURE OUTLOOK: As per H1FY25 Concall, Company is targeting a turnover of INR 300-350 Cr for FY25 (91% growth over FY24) and INR 550-600 Cr for FY26 | Target turnover over the next 4-5 years is INR 3,500-4,000 Cr | As per H1FY25 Investor Presentation, Company plans to expand its capacity from the current 236 MW to 750 MW (3x growth) by the end of CY24.
- MCap of INR 815 Crore (share price = INR 329 / share) (as on 25th Mar ‘25)
- TTM PE 31.1x (as on 25th Mar ‘25) Retail float = 15.9% (Sep-24)
FOOD FOR THOUGHT: Highly competitive sector.
Stock price can go down or up based on market forces. Always diversify your portfolio.
Question 1: Who are the promoters of Ganesh Green Bharat?
Incorporated in 2016, Ganesh Green Bharat Limited specializes in Solar PV Module manufacturing, Solar Systems and Allied Services, Electrical Contracting, and Water Supply Scheme Projects.
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K.P. Energy Ltd.
Recent filing: (PROMOTER BUYING) Promoter of K.P. Energy bought 2.8k shares at INR 393/share, aggregating to INR 11L in Mar ’25. Promoter also bought 11 L worth of shares in KPI Green Energy and 12L worth of shares in KP Green Engineering, both are part of KP Group.
SUMMARY: 5y Operating Profit uptrend | 2q Operating Profit uptrend | PE 26.3x (Sector PE range 50-90) | Excellent Dec-24 results | Fund raise | Promoter buying | Institutional entry | Strategic Partnerships | Clean Energy
FUTURE OUTLOOK: As per Q3FY25 Investor Presentation, Company has 2 GW Projects in Hand totaling 1993+ MW, 898+ MW Capacity energized till date including CTU and STU projects | Company has the consolidated IPP portfolio of 48.5 MW, developing a 2.8 MW Wind IPP Project is under development.
- MCap of INR 2,495 Crore (share price = INR 373 / share) (as on 25th Mar ‘25)
- TTM PE 26.3x (as on 25th Mar ‘25) Retail float = 25.1% (Dec-24)
FOOD FOR THOUGHT: Selling by Director and Immediate Relatives.
Stock price can go down or up based on market forces. Always diversify your portfolio.
Question 1: Who are the promoters of K.P. Energy Ltd?
KP Energy Limited is a balance of plant (BoP) solution provider for the Wind Energy industry. The company engages throughout the development process of wind farms, right from conceptualization until the commissioning of the project.
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