Pennar

Hyderabad, India Founded: 1988 • Age: 38 yrs Listed
Precision-engineered products and building solutions are manufactured.

About Pennar

Pennar is a publicly listed company based in Hyderabad (India) founded in 1988 by Nrupendra Rao. Precision-engineered products and building solutions are manufactured. It operates in the Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 2,473 employees. Pennar has completed 3 acquisitions, including Cadnum SARL, One Works BIM Technologies and Pennar Enviro. Its chief executive, as recorded, is Murali Krishnan D. Its website pennarindia.com draws about 23 thousand monthly visits. Its Indian entity Pennar Industries Limited reported revenue of β‚Ή3,666 Cr. Its focus areas include Energy, Solar Energy, Hardware Developer and Generation Equipment.

Company details

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.

  • Headquarters Hyderabad, India
  • Employees 2,473
  • Founders Nrupendra Rao
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
    Energy & Utilities
  • Website pennarindia.com
  • Social LinkedIn
  • Legal Name Pennar Industries Limited
Key Metrics
  • Market Cap
    ₹2,190 Cr

    PENIND · NSE

  • Share Price
    ₹161.65

    -0.09% today

  • Revenue
    ₹3,620 Cr

    FY 2025-26 · +12.2% YoY

  • EBITDA
    ₹355 Cr

    Margin 9.8%

  • Net Profit
    ₹139 Cr

    FY 2025-26 · +18.0% YoY

  • P/E (TTM)
    15.2x

    P/B 1.8x

  • Latest Funding Round
    $29.3M (USD), Post-IPO

    Oct 2012

  • Investors
  • Employee Count
    2,473
  • Investments & Acquisitions

Funding Insights of Pennar

  • Total Rounds 2
  • Last Round Post-IPO β€” $29.3M
  • First Round $6.36M

    (Dec 2011)

  • Investors Count 3

All 2 funding rounds of Pennar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2012$29.3MPost-IPO––
Dec 2011$6.36MPost-IPO––
Valuation history

3 investors in total: 3 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in tech startups, leveraging financial expertise for innovation.
2005eightcapital.comMumbai, India
Elevation Capital is focused on early-stage tech investments in India.
elevationcapital.comDelhi, India
Corporate-backed venture capital firm focused on fintech, energy, and multiple sectors
investorgrowthcapital.comNew York, United States
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Investor details for Pennar

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  • Round participation
  • Investor portfolios
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Board of directors of Pennar Industries Limited (Pennar)

Pennar Industries Limited is the primary company behind Pennar. The boards of the 3 registered companies of Pennar currently have 13 directors; the longest-serving is Andi Rajender, appointed in 2012. 31 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Andi Rajender
DIN 00381092
Director07 Jun 201214 yrs 5 moOm Avenues Private Limited
Vijaychandra Puljal
DIN 00090286
Director01 Mar 201412 yrs 8 moOm Avenues Private Limited
Kondapalli Lavanya Kumar Rao
DIN 01710629
Whole-time director07 May 201412 yrs 6 moPennar Industries Limited
Aditya Narsing Rao
DIN 01307343
Managing Director30 Sep 201412 yrs 1 moPennar Industries Limited
Eric James Brown
DIN 07670880
Director10 Nov 20178 yrs 11 moPennar Industries Limited
Rishab Chadha
DIN 00809985
Managing Director10 Apr 20188 yrs 7 moEnertech Pennar Defense And Engineering Systems Private Limited
Chandrasekhar Sripada
DIN 02813923
Director12 Feb 20197 yrs 8 moPennar Industries Limited
Ravi Venkata Siva Ramakrishna
DIN 00009421
Director04 Jun 20215 yrs 5 moPennar Industries Limited
Virginia Sharma
DIN 02306909
Director09 Nov 20224 yrsPennar Industries Limited
Parthasarathy Vankipuram Srinivasa
DIN 00125299
Director09 Feb 20242 yrs 9 moPennar Industries Limited
Saineni Suraj
DIN 07501719
Additional Director24 Apr 20251 yr 6 moEnertech Pennar Defense And Engineering Systems Private Limited
Madhur Murlidharji Kasat
DIN 11302222
Additional Director24 Sep 20251 yr 1 moEnertech Pennar Defense And Engineering Systems Private Limited
Shruti Chadha
DIN 07758215
Additional Director12 Nov 202511 moEnertech Pennar Defense And Engineering Systems Private Limited

People of Pennar

3 people are tracked at Pennar (3 in leadership); the tracked headcount is 2,473.

NameRoleGroup
Nrupendra Rao
Founder & ChairmanLeadership
Murali Krishnan D
CEOLeadership
Padmanabhan Mahadevan
Chief Technology OfficerLeadership
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Complete people profiles for Pennar

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
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  • Professional contacts

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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.

  • IPO date25 Nov 2010
  • Listed onNSE: PENIND
  • Listed entityPennar Industries Limited
  • Exchange sectorNon-energy minerals
  • ISININE932A01024
  • Share price₹174.69 (+1.77% on the day) · 2026-10-14
  • Market capitalisation₹2,330 Cr
  • Price to earnings16.6
  • EPS (diluted, trailing year)₹10.54
  • Volume (last session)187,022

Financials of Pennar

Exchange-reported figures of Pennar Industries Limited, the listed company behind Pennar (NSE: PENIND).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹3,620 Cr
+12.2% YoY
EBITDA
₹355 Cr
+14.5% YoY
Profit After Tax
₹139 Cr
+18.0% YoY
Net Worth
₹1,163 Cr
+16.5% YoY
Total Assets
₹2,379 Cr
+28.8% YoY
Total Debt
₹1,162 Cr
+43.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,6203,2273,1312,8952,2661,5252,107
Revenue growth+12.2%+3.1%+8.2%+27.8%+48.5%-27.6%-
EBITDA35531027322117192.87169
EBITDA margin+9.8%+9.6%+8.7%+7.6%+7.6%+6.1%+8.0%
Profit before tax18015813198.4455.913.6563.12
Net profit13911897.4375.4041.79(13.13)53.06
Net profit margin+3.8%+3.7%+3.1%+2.6%+1.8%-0.9%+2.5%
EPS (β‚Ή)10.298.847.295.592.940.183.65
Balance sheet
Total assets2,3791,8471,6811,4821,4091,3381,214
Net worth1,163998876778735696700
Total debt1,162812785685646618490
Cash & bank27019014217387.1155.3659.22
Net working capital1,083814661641602628434
Cash flow
Cash from operations202256225244195(42.76)191
Cash from investing(349)(104)(256)(26.32)(98.46)(6.10)(72.10)
Cash from financing211(100)(22.30)(113)(92.23)43.37(95.04)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue870925943907846906840748
Revenue growth (YoY)+2.9%+2.1%+12.3%+21.3%+15.3%---
Other income14.138.9015.9613.168.337.2516.475.92
EBITDA92.6610582.5881.3985.9691.7071.8375.26
EBITDA margin+10.6%+11.4%+8.8%+9.0%+10.2%+10.1%+8.6%+10.1%
Depreciation23.6224.5221.5119.3818.8217.6517.2617.44
Interest36.3734.3033.9734.1135.1433.6131.2627.69
Profit before tax46.8055.2443.0641.0640.3347.6939.7836.05
Tax11.3014.129.368.788.2011.429.329.18
Net profit35.5041.1233.7032.2832.1336.2730.4626.87
EPS (β‚Ή)2.623.042.492.392.372.642.251.96
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue2,7482,5782,4582,2881,9951,5172,098
Revenue growth+6.6%+4.9%+7.4%+14.7%+31.5%-27.7%-
EBITDA28426521216815290.43168
EBITDA margin+10.3%+10.3%+8.6%+7.3%+7.6%+6.0%+8.0%
Profit before tax13012179.7859.5845.651.0761.95
Net profit10190.1858.3844.1934.13(15.42)52.51
Net profit margin+3.7%+3.5%+2.4%+1.9%+1.7%-1.0%+2.5%
EPS (β‚Ή)7.516.804.393.282.400.063.62
Balance sheet
Total assets2,0521,7171,5781,4141,3751,3291,206
Net worth979877788731723691697
Total debt1,032805772666624615487
Cash & bank13764.7857.9652.7065.3441.8155.85
Net working capital921732617582557613421
Cash flow
Cash from operations186169212117209(55.47)198
Cash from investing(227)(66.20)(215)(3.87)(134)(4.41)(79.22)
Cash from financing97.31(92.02)(14.42)(106)(79.31)44.21(96.00)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue569672716705655721654600
Revenue growth (YoY)-13.1%-6.9%+9.4%+17.5%+8.8%---
Other income12.507.6914.9111.937.146.2215.154.60
Total expenses503593652635584645594534
EBITDA66.2279.0663.5269.8371.2376.0260.2466.26
EBITDA margin+11.6%+11.8%+8.9%+9.9%+10.9%+10.5%+9.2%+11.0%
Depreciation16.0817.1015.2815.6015.4614.2013.9513.79
Interest33.9931.3532.1033.8734.9632.9130.5926.65
Profit before tax28.6538.3031.0532.2927.9535.1330.8530.42
Tax7.009.746.506.605.367.497.917.76

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue870925943907846906840748
Revenue growth (YoY)+2.9%+2.1%+12.3%+21.3%+15.3%---
Other income14.138.9015.9613.168.337.2516.475.92
EBITDA92.6610582.5881.3985.9691.7071.8375.26
EBITDA margin+10.6%+11.4%+8.8%+9.0%+10.2%+10.1%+8.6%+10.1%
Depreciation23.6224.5221.5119.3818.8217.6517.2617.44
Interest36.3734.3033.9734.1135.1433.6131.2627.69
Profit before tax46.8055.2443.0641.0640.3347.6939.7836.05
Tax11.3014.129.368.788.2011.429.329.18
Net profit35.5041.1233.7032.2832.1336.2730.4626.87
EPS (β‚Ή)2.623.042.492.392.372.642.251.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,6203,2273,1312,8952,2661,5252,107
Revenue growth+12.2%+3.1%+8.2%+27.8%+48.5%-27.6%-
Other income46.2336.6940.3133.4317.0638.6220.28
Total expenses3,2652,9162,8582,6732,0941,4321,937
Employee cost0.00340313311211138162
EBITDA35531027322117192.87169
EBITDA margin+9.8%+9.6%+8.7%+7.6%+7.6%+6.1%+8.0%
Depreciation84.2368.8966.5064.9754.1348.1742.82
Interest13812011591.2178.3879.6783.45
Profit before tax18015813198.4455.913.6563.12
Tax40.4638.9533.0723.0114.000.819.72
Net profit13911897.4375.4041.79(13.13)53.06
Net profit margin+3.8%+3.7%+3.1%+2.6%+1.8%-0.9%+2.5%
EPS (β‚Ή)10.298.847.295.592.940.183.65
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital67.4767.4767.4767.4771.0871.0872.62
Reserves & surplus1,096931809711664625628
Shareholders' funds (net worth)1,163998876778735696700
Minority interest0.001.150.970.960.950.870.57
Secured loans1,142775732617584580441
Unsecured loans20.3137.0453.4468.7561.5738.6649.25
Total debt1,162812785685646618490
Total liabilities2,3791,8471,6811,4821,4091,3381,214
Assets
Gross block1,7311,4791,1761,1451,006912892
Net block1,111947697721644603626
Capital work in progress13653.1421818.2575.7261.2333.41
Investments27.0612.0121.5926.9944.9917.5945.11
Inventories1,010935825783643487440
Sundry debtors731580495363425427396
Cash & bank balances27019014217387.1155.3659.22
Loans & advances231199156153171199160
Total current assets2,2431,9051,6181,4711,3261,1681,055
Total current liabilities1,1601,091956830725539621
Net working capital1,083814661641602628434
Total assets2,3791,8471,6811,4821,4091,3381,214
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash14189.7814337.7733.5339.0215.16
Net cash from operating activities202256225244195(42.76)191
Net cash from investing activities(349)(104)(256)(26.32)(98.46)(6.10)(72.10)
Net cash from financing activities211(100)(22.30)(113)(92.23)43.37(95.04)
Net change in cash64.2051.59(53.20)1054.24(5.49)23.86
Closing cash27019014217387.1155.3659.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+12.2%+3.1%+8.2%+27.8%+48.5%-27.6%-
EBITDA growth+14.5%+13.6%+23.4%+29.1%+84.5%-45.1%-
PBT growth+13.4%+20.5%+33.5%+76.1%+1431.8%-94.2%-34.8%
Net income growth+18.0%+20.7%+29.2%+80.4%+418.3%-124.8%-
Revenue CAGR (3Y)+7.7%+12.5%+27.1%+11.2%+2.0%-4.8%+11.0%
EBITDA CAGR (3Y)+17.1%+21.9%+43.3%+9.4%-0.4%-23.3%+3.1%
Profitability & leverage
Net income margin+3.8%+3.7%+3.1%+2.6%+1.9%+0.2%+2.5%
Return on capital employed-+15.8%+15.6%+13.1%+9.8%+5.0%+12.5%
Return on net worth-+12.7%+11.9%+10.0%+5.9%-1.8%+7.8%
Debt / equity-0.850.890.880.880.790.68
Long-term debt / equity-0.210.190.190.200.200.17
Interest cover50.7749.5655.8758.3966.86178.2366.08
Efficiency & per share
Fixed asset turnover-2.432.702.692.361.692.68
Inventory turnover-3.673.894.064.013.294.80
Debtors turnover-6.007.307.345.323.714.90
EPS (β‚Ή)10.298.847.295.592.940.183.65
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.0073.9964.9557.6651.7148.9548.22
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue569672716705655721654600
Revenue growth (YoY)-13.1%-6.9%+9.4%+17.5%+8.8%---
Other income12.507.6914.9111.937.146.2215.154.60
Total expenses503593652635584645594534
EBITDA66.2279.0663.5269.8371.2376.0260.2466.26
EBITDA margin+11.6%+11.8%+8.9%+9.9%+10.9%+10.5%+9.2%+11.0%
Depreciation16.0817.1015.2815.6015.4614.2013.9513.79
Interest33.9931.3532.1033.8734.9632.9130.5926.65
Profit before tax28.6538.3031.0532.2927.9535.1330.8530.42
Tax7.009.746.506.605.367.497.917.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue2,7482,5782,4582,2881,9951,5172,098
Revenue growth+6.6%+4.9%+7.4%+14.7%+31.5%-27.7%-
Other income41.6728.6837.7237.2718.6537.7720.29
Total expenses2,4642,3132,2462,1211,8421,4261,930
Employee cost0.00181161154150130157
EBITDA28426521216815290.43168
EBITDA margin+10.3%+10.3%+8.6%+7.3%+7.6%+6.0%+8.0%
Depreciation63.4455.7056.1055.9850.3447.6742.68
Interest13211711489.4375.0879.4683.40
Profit before tax13012179.7859.5845.651.0761.95
Tax28.2029.5420.5115.3811.490.189.44
Net profit10190.1858.3844.1934.13(15.42)52.51
Net profit margin+3.7%+3.5%+2.4%+1.9%+1.7%-1.0%+2.5%
EPS (β‚Ή)7.516.804.393.282.400.063.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital67.4767.4767.4767.4771.0871.0872.62
Reserves & surplus912810721664652620624
Shareholders' funds (net worth)979877788731723691697
Secured loans1,012774731618584577442
Unsecured loans20.3130.5641.1647.7940.5137.6645.24
Total debt1,032805772666624615487
Total liabilities2,0521,7171,5781,4141,3751,3291,206
Assets
Gross block1,4001,3211,0591,040922904887
Net block848829606631568599621
Capital work in progress12335.5718110.0575.5653.3533.41
Investments13197.1099.4435.8253.8229.9157.43
Inventories958908794737577468438
Sundry debtors614527447363424447392
Cash & bank balances13764.7857.9652.7065.3441.8155.85
Loans & advances231204188158164198153
Total current assets1,9401,7041,4861,3111,2301,1551,039
Total current liabilities1,019972870729673542618
Net working capital921732617582557613421
Total assets2,0521,7171,5781,4141,3751,3291,206
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash16.615.4023.0916.0019.9835.6513.20
Net cash from operating activities186169212117209(55.47)198
Net cash from investing activities(227)(66.20)(215)(3.87)(134)(4.41)(79.22)
Net cash from financing activities97.31(92.02)(14.42)(106)(79.31)44.21(96.00)
Net change in cash55.7211.21(17.69)7.09(3.98)(15.67)22.45
Closing cash13764.7857.9652.7065.3441.8155.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.6%+4.9%+7.4%+14.7%+31.5%-27.7%-
EBITDA growth+6.9%+25.0%+26.5%+10.0%+68.6%-46.1%-
PBT growth+6.8%+52.1%+33.9%+30.5%+4166.4%-98.3%-33.8%
Net income growth+12.4%+54.5%+32.1%+29.5%+321.3%-129.4%-
Revenue CAGR (3Y)+6.3%+8.9%+17.5%+2.9%-2.0%-4.7%+28.5%
EBITDA CAGR (3Y)+19.1%+20.3%+32.9%0.0%-3.7%-21.3%+24.3%
Profitability & leverage
Net income margin+3.7%+3.6%+2.4%+1.9%+1.7%+0.1%+2.5%
Return on capital employed-+14.5%+13.0%+10.7%+8.9%+4.8%+12.5%
Return on net worth-+11.0%+7.8%+6.1%+4.8%-2.2%+7.7%
Debt / equity-0.950.950.890.880.790.68
Long-term debt / equity-0.230.190.180.190.200.17
Interest cover60.0755.8073.0580.0373.55185.8366.69
Efficiency & per share
Fixed asset turnover-2.172.342.332.181.692.68
Inventory turnover-3.033.213.493.823.354.80
Debtors turnover-5.296.075.814.583.614.92
EPS (β‚Ή)7.516.804.393.282.400.063.62
Dividend per share (β‚Ή)0.000.000.000.000.000.000.00
Book value per share (β‚Ή)0.0065.0358.4154.1850.8948.6047.96

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of engineering & precision machining services
cadnum.com2009Jul 2022$180,587
Architectural and engineering services are provided by the firm.
oneworksbim.comChennai, India0Feb 2020$491,071
Wastewater treatment turnkey projects and chemical services are provided.
pennarenviro.comHyderabad, India1992Feb 2012$850,520
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Complete acquisition details for Pennar

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Timeline of Pennar

7 dated milestones of Pennar across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pennar is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $6.4M.
  4. Acquisition Acquires Pennar Enviro.
  5. Funding Latest funding round, Post-IPO, of $29.3M.
  6. Acquisition Acquires One Works BIM Technologies.
  7. Acquisition Acquires Cadnum SARL.

Web traffic of Pennar

The website of Pennar (pennarindia.com) receives about 22.6K visits a month.

  • Monthly visits
    22.6K

    ▲ 44.7% vs previous month

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Top companies in Metals & Minerals

3 companies that operate in the same segment as Pennar (Metals & Minerals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Manufacturer of pipes, plates & coils, and home textile products
1985Mumbai, Maharashtra, IndiaUSD 544.74 M6,934
Chemical and casting products are manufactured, with shipping operations managed.
1962Chennai, Tamil Nadu, IndiaUSD 576.61 MUSD 1.43 B180
Diversified operations span automotive, agriculture, and financial services.
1945Mumbai, Maharashtra, IndiaUSD 45.15 MUSD 21.54 B78,760
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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 CEO of Pennar, as recorded in our data.

Pennar has 2,473 employees.

The primary company behind Pennar, Pennar Industries Limited, reported revenue of β‚Ή3,666 Cr for FY 2026, up 12% year on year.

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.

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.

Pennar is associated with 3 legal entities: Pennar Industries Limited, Om Avenues Private Limited, Enertech Pennar Defense And Engineering Systems Private Limited.

The legal entities of Pennar currently have 15 directors, including Vijaychandra Puljal, Andi Rajender, Saineni Suraj and others.

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