Mumbai-based SEBI-registered merchant banker (operating since 1984) providing equity and debt investment banking advisory alongside proprietary trading and investment in government securities, corporate bonds and equities.
Price
Market Cap
Sector
Financial Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 110 | 111 | 116 | 118 | 117 | 120 | 151 | 131 |
| Borrowings | 41 | 102 | 51 | 74 | 67 | 101 | 71 | 53 |
| Other Liabilities | 5 | 4 | 9 | 12 | 7 | 12 | 137 | 9 |
| Total Liabilities | 169 | 231 | 189 | 217 | 204 | 246 | 372 | 207 |
| AssetsFixed Assets | 5 | 4 | 4 | 3 | 3 | 3 | 6 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 58 | 58 | 60 | 60 | 56 | 58 | 124 | 58 |
| Other Assets | 106 | 169 | 125 | 153 | 146 | 186 | 242 | 144 |
| Total Assets | 169 | 231 | 189 | 217 | 204 | 246 | 372 | 207 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -25 | 27 | -56 | 58 | -17 | 16 | 3 | 79 |
| Cash from Investing | -2 | 6 | 1 | 0 | 0 | 6 | -25 | -22 |
| Cash from Financing | 34 | -43 | 54 | -59 | 17 | -22 | 22 | -57 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -27 | 25 | -56 | 57 | -17 | 16 | 3 | 77 |
| FCF Margin | — | — | — | — | — | — | — | — |
Lenders and insurers have a fundamentally different capital structure. Discounting net profit misvalues them — we exclude them rather than mislead you.
PIONRINV · FINANCIALS_SECTOR
Guides on how to read this kind of business and the numbers that matter.