Pennar Industries Shares Price Plunge Over 15% Despite Strong Q2FY26 Earnings

Hyderabad, November 10, 2025 – Shares of Pennar Industries Limited (NSE: PENIND, BSE: 513228) fell even when the company reported a strong second-quarter result for FY26. As of 12:50 IST, the share fell by 14.11% at ₹237 from its previous close of ₹275.95. The share opened at ₹249.30 and traded between ₹254 and ₹223.70, with a volume of 84.02 L in this session. The market cap of the company was at 3,723.80 Cr, above the industry median and the P/E ratio was at 29.80.

Q2FY26 Consolidated Financial Performance

Pennar Industries saw robust growth in Q2FY26 with total sales increasing by 22% YoY to ₹919.6 crore, EBITDA improving by 16% to ₹94.43 crore, and PAT also moving up 20% to ₹32.28 crore. Sales in the H1FY26 period were ₹1,773.6 crore, up by 18.7% on a YoY basis, and PAT grew by 20.6% to ₹64.24 crore, achieving excellent operational performance.

Key Business Highlights

Over the next two quarters, Pennar Industries received ₹956 crore worth of new orders in multiple sectors to be executed. The firm’s key clients include several industry leaders such as L&T, Reliance, JSW, Toyota, Saint-Gobain and Wabtec, and the sectors of business include PEB, Ascent Buildings (USA), ICD Tubes, Steel, Boilers, and Railways, reflecting diversified growth and strong demand.

Established in 1975 and publicly traded since 2010, Pennar Industries Limited is a diversified provider of engineering products and solutions with business lines in Automotive, Rail & Aerospace, and Infrastructure. Its growth areas include Metal Buildings, Tubes, Boilers, Hydraulics, Industrial Components and Engineering Services. The company operates in India, the USA, and Europe, serving customers in both manufacturing and project execution.

REF: https://nsearchives.nseindia.com/corporate/PENIND_08112025201026_LettertoSE08112025PressRelease.pdf

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