Pennar IndustriesNSE:PENIND +1.20%82 Days Payable is 163.46 as of Mar. 2026, which is 41% above its 10-year median of 115.89. GuruFocus rates NSE:PENIND with a GF Score™ of 82/100 and a GF Value™ of ₹215.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,987 Industrial Products companies, Pennar Industries ranks better than 78.31% on this metric.
The historical rank and industry rank for Pennar Industries's Days Payable or its related term are showing as below:
NSE:PENIND'
s Days Payable Range Over the Past 10 Years
Min: 95.51 Med: 115.89 Max: 158.91
Current: 158.48
During the past 13 years, Pennar Industries's highest Days Payable was 158.91. The lowest was 95.51. And the median was 115.89.
NSE:PENIND's Days Payable is ranked better than 78.31% of 2987
companies
in the Industrial Products industry
Industry Median: 78.05
vs NSE:PENIND: 158.48
Pennar Industries's Days Payable
increased
from Mar. 2025 (153.21) to Mar. 2026 (163.46).
It may suggest that Pennar Industriesdelayed paying its suppliers.
Pennar Industries Days Payable Related Terms
Pennar Industries Days Payable Historical Data
* Premium members only.
The historical data trend for Pennar Industries's Days Payable 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.
NSE:PENIND vs GEV, ETN, PH: Days Payable Comparison
For the Specialty Industrial Machinery subindustry, Pennar Industries's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pennar Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Pennar Industries's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Pennar Industries's Days Payable for the fiscal year that 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.
Pennar Industries (NSE:PENIND) has a Days Payable of 163.46 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pennar Industries and its competitors. This is 41% above median its historical median of 115.89. Over the past decade, Pennar Industries' Days Payable has ranged from 95.51 to 158.91. According to the industry distribution chart, Pennar Industries ranks #648 out of 2987 companies in the Industrial Products industry, placing it in the top 21.7%.
Is Pennar Industries' Days Payable too high?
Pennar Industries' current Days Payable of 163.46 is 41% above median its 10-year median of 115.89. Over the past 10 years, this metric has ranged from a low of 95.51 to a high of 158.91. The Industrial Products industry median Days Payable is 78.05. Pennar Industries' value of 163.46 is 109.4% above this industry median. Based on the distribution chart, Pennar Industries ranks #648 out of 2987 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. 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 Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pennar Industries ranks #648 out of 2987 companies for Days Payable. This places Pennar Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.05. Pennar Industries' value of 163.46 is 109.4% above this benchmark. Historically, Pennar Industries' own Days Payable has ranged from 95.51 to 158.91 over the past decade. While the company's 10-year median is 115.89 vs. the industry median of 78.05, 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 Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.05, based on 2,987 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pennar Industries's current Days Payable of 163.46 is 109.4% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pennar Industries and its competitors. For the Industrial Products industry, the median Days Payable is 78.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pennar Industries's current Days Payable is 163.46, which is 41% above median its own 10-year median of 115.89. 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 ₹215.51, compared to a current price of ₹173.91 — trading 19.3% below its estimated fair value. The current Days Payable is 163.46, which is 41% above median its 10-year median of 115.89 and 109.4% above the Industrial Products industry median of 78.05. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Pennar Industries (NSE:PENIND), the current Days Payable is 163.46 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 ₹173.91 is trading 19.3% below its estimated GF Value™ of ₹215.51.
GuruFocus considers Pennar Industries to be Modestly Undervalued.
Key valuation signals for NSE:PENIND:
Days Payable: 163.46 (41% above median its 10-year median of 115.89)
GF Value™: ₹215.51 vs. price of ₹173.91 (19.3% below fair value)
Industry Position: 109.4% above the Industrial Products median (#648 of 2987)
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 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
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