Pennar Industries (NSE:PENIND) Days Inventory: 183.69 (As of Mar. 2026) — 41% Above Median

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NSE:PENIND Pennar Industries Ltd NSE:PENIND
82 GF Score
Price ₹169.47
GF Value ₹215.73
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pennar Industries Days Inventory?

Pennar Industries NSE:PENIND -1.83% 82 Days Inventory is 183.69 as of Mar. 2026, which is 41% above its 10-year median of 129.90. GuruFocus rates NSE:PENIND with a GF Score™ of 82/100 and a GF Value™ of ₹215.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Pennar Industries ranks worse than 69.17% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Pennar Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹10,104 Mil. Pennar Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,019 Mil. Hence, Pennar Industries's Days Inventory for the three months ended in Mar. 2026 was 183.69.

The historical rank and industry rank for Pennar Industries's Days Inventory or its related term are showing as below:

NSE:PENIND' s Days Inventory Range Over the Past 10 Years
Min: 101.57   Med: 129.9   Max: 170.45
Current: 170.45

During the past 13 years, Pennar Industries's highest Days Inventory was 170.45. The lowest was 101.57. And the median was 129.90.

NSE:PENIND's Days Inventory is ranked worse than
69.17% of 2968 companies
in the Industrial Products industry
Industry Median: 119.51 vs NSE:PENIND: 170.45

Pennar Industries's Days Inventory increased from Mar. 2025 (163.32) to Mar. 2026 (183.69). It might indicate that Pennar Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pennar Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.50.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Pennar Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.09.


Pennar Industries  (NSE:PENIND) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Pennar Industries's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Pennar Industries's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Pennar Industries Days Inventory Related Terms


Pennar Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Pennar Industries's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pennar Industries Days Inventory Chart

Pennar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.04 128.75 132.95 167.70 169.49

Pennar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.32 175.69 165.58 160.63 183.69

NSE:PENIND vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Pennar Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pennar Industries Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pennar Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pennar Industries's Days Inventory falls into.


NSE:PENIND
82GF Score
Pennar Industries Ltd NSE:PENIND
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pennar Industries Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Pennar Industries's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (9353.3 + 10104.1) / 2 ) / 20951.4*365
=9728.7 / 20951.4*365
=169.49

Pennar Industries's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 10104.1) / 1 ) / 5019.3*365 / 4
=10104.1 / 5019.3*365 / 4
=183.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 183.69 mean?
Pennar Industries (NSE:PENIND) has a Days Inventory of 183.69 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pennar Industries and its competitors. This is 41% above median its historical median of 129.90. Over the past decade, Pennar Industries' Days Inventory has ranged from 101.57 to 170.45. According to the industry distribution chart, Pennar Industries ranks #2053 out of 2968 companies in the Industrial Products industry, placing it in the top 69.2%.
Is Pennar Industries' Days Inventory too high?
Pennar Industries' current Days Inventory of 183.69 is 41% above median its 10-year median of 129.90. Over the past 10 years, this metric has ranged from a low of 101.57 to a high of 170.45. The Industrial Products industry median Days Inventory is 119.51. Pennar Industries' value of 183.69 is 53.7% above this industry median. Based on the distribution chart, Pennar Industries ranks #2053 out of 2968 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Pennar Industries has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pennar Industries' Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pennar Industries ranks #2053 out of 2968 companies for Days Inventory. This places Pennar Industries in the lower half of its industry. The industry median Days Inventory is 119.51. Pennar Industries' value of 183.69 is 53.7% above this benchmark. Historically, Pennar Industries' own Days Inventory has ranged from 101.57 to 170.45 over the past decade. While the company's 10-year median is 129.90 vs. the industry median of 119.51, Pennar Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pennar Industries's current Days Inventory of 183.69 is 53.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pennar Industries and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pennar Industries's current Days Inventory is 183.69, which is 41% above median its own 10-year median of 129.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pennar Industries stock overvalued right now?
Based on GuruFocus' analysis, Pennar Industries (NSE:PENIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹215.73, compared to a current price of ₹169.47 — trading 21.4% below its estimated fair value. The current Days Inventory is 183.69, which is 41% above median its 10-year median of 129.90 and 53.7% above the Industrial Products industry median of 119.51. Pennar Industries' overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Pennar Industries (NSE:PENIND), the current Days Inventory is 183.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pennar Industries (NSE:PENIND) Overvalued in 2026?

Based on GuruFocus' analysis, Pennar Industries stock appears to be undervalued. The current stock price of ₹169.47 is trading 21.4% below its estimated GF Value™ of ₹215.73. GuruFocus considers Pennar Industries to be Modestly Undervalued.

Key valuation signals for NSE:PENIND:

  • Days Inventory: 183.69 (41% above median its 10-year median of 129.90)
  • GF Value™: ₹215.73 vs. price of ₹169.47 (21.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 53.7% above the Industrial Products median (#2053 of 2968)

No single metric tells the full story. See the NSE:PENIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pennar Industries Business Description

Other Exchanges 513228:India
Address 2-91/14/8/PIl/10 & 11, 7th Floor, Whitefields, Kondapur, Serilingampally, Rangareddy, Hyderabad, TG, IND, 500084
Pennar Industries Ltd provides engineering products and services. The company's operating segment includes Diversified Engineering and Custom designed building solutions and auxiliaries. It generates maximum revenue from the Diversified Engineering segment. Geographically, it derives a majority of its revenue from India. The company serves Infrastructure, Automobiles, Power, General Engineering, Building and Construction, Refineries, and other sectors. Its product portfolio includes Cold Rolled Steel Strips, Precision Tubes, Railway wagons/Coaches, Pre-Engineered Building Systems, Solar module mounting structures, Photo Voltaic panels, Sheet Metal Components, Hydraulic Cylinders, Road Safety Systems, Water and Sewage treatment solutions, and Desalination projects.
82GF Score

Get the complete analysis for NSE:PENIND

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹169.47
Price
₹215.73
GF Value