PENIND

What Pennar Industries promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 16 tracked 1 delivered 7 missed 8 open
  • India Order Book delivered said Q2 FY26 Promised: cross Rs. 1,000 crores in the next few months Q1 FY27: PEB India order book reached ₹1,008 crores. The target was met, albeit three quarters later than the 'few months' guidance.
  • Working Capital Days missed said Q3 FY25 Promised: 72 days in the short term Q1 FY27: Promise not mentioned. Focus has shifted to the newer 75-day target. This original promise is considered abandoned.
  • PBT Margin revised down said Q2 FY26 Promised: 7.5% PBT margin in the next three years Q1 FY27: Management guided for 7% PBT over the next 3 years. This is a walk-back from the implied 9.4% PBT target (from Q3 FY26) and even weaker than the original 7.5% target.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 16 tracked commitments for Pennar Industries — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens