About Pennar
Pennar is a company based in Hyderabad (India) founded in 1988 by Nrupendra Rao. The company has 5,800 employees as of March 31, 2024. Pennar has completed 3 acquisitions, including Cadnum SARL, One Works BIM Technologies and Pennar Enviro. Pennar operates in a competitive market with competitors including SINTEF, Hanwha, Astronergy, SGL Carbon and ET Solar, among others.
- Headquarter Hyderabad, India
- Employees 5800 as on 31 Mar, 2024
- Founders Nrupendra Rao
- Stage Public
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Sectors
Industrial Goods & ManufacturingEnergy & Utilities
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Phone
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Website
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Social
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- Legal Name Pennar Industries Limited
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Annual Revenue
$377.37 M (USD)3.1as on Mar 31, 2025
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Net Profit
$13.93 M (USD)21.28as on Mar 31, 2025
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EBITDA
$37.1 M (USD)17.42as on Mar 31, 2025
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Latest Funding Round
$29.3 M (USD), Post-IPO
Oct 23, 2012
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Investors
Eight Capital Management
& 2 more
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Employee Count
5800
as on Mar 31, 2024
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Investments & Acquisitions
Cadnum SARL
& 2 more
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IPO & Listings of Pennar
Pennar is a publicly listed company on the NSE with ticker symbol PENIND in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Pennar
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Funding Insights of Pennar
Investors in Pennar
Pennar has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Eight Capital Management, Elevation Capital and Investor Growth Capital.
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Venture capital investments in tech startups, leveraging financial expertise for innovation.
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Elevation Capital is focused on early-stage tech investments in India.
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Corporate-backed venture capital firm focused on fintech, energy, and multiple sectors
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Investor details for Pennar
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Investments & Acquisitions by Pennar
Pennar has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Cadnum SARL, One Works BIM Technologies and Pennar Enviro.
Investment portfolio details for Pennar
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of engineering & precision machining services
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Wastewater treatment turnkey projects and chemical services are provided.
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Locked | Locked | 1992 | Locked | |
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Architectural and engineering services are provided by the firm.
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Locked | Locked | 0 | Locked |
Complete acquisition details for Pennar
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Pennar
Detailed financials for Pennar
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Pennar Comparisons
Peer comparison for Pennar
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Competitors of Pennar
Pennar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SINTEF, Hanwha, Astronergy, SGL Carbon and ET Solar, among others.
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Applied research organization providing technology and innovation services across diverse sectors
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Manufacturer of solar cells, modules, and other related components
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Solar PV modules are manufactured by Astronergy in Haining, China.
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Graphite and composites-based materials and components are developed.
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Solar PV modules are manufactured by ET Solar.
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Detailed competitors of Pennar
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Latest news on Pennar
Complete news archive for Pennar
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Frequently Asked Questions about Pennar
Pennar was founded in 1988 and raised its 1st funding round 23 years after it was founded.
Pennar is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Murali Krishnan D is the current CEO of Pennar.
As of Mar 31, 2024, the latest employee count at Pennar is 5,800.
Annual revenue of Pennar is $377.37M as on Mar 31, 2025.
Founded in 1988 in Hyderabad, India, the company operates in the engineering and manufacturing sector. Precision-engineered products, including tubes and custom components for railway, aerospace, automotive, and general manufacturing applications, are produced. Building solutions such as pre-engineered structures and steel profiles are offered, alongside process heating equipment like boilers and hydraulic services. Industrial automation and building information modeling support are also provided across operations.
Pennar's top competitors include SINTEF, Astronergy and SGL Carbon.
Yes, Pennar is publicly traded on NSE under the ticker symbol PENIND.
Pennar has made 3 acquisitions, including Cadnum SARL, One Works BIM Technologies, and Pennar Enviro.
Pennar has 3 investors. Key investors include Eight Capital Management, Elevation Capital, and Investor Growth Capital.
The ticker symbol of Pennar is PENIND on NSE.