Pennar Industries (NSE:PENIND) Inventory Turnover: 0.50 (As of Mar. 2026)

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NSE:PENIND Pennar Industries Ltd NSE:PENIND
82 GF Score
Price ₹167.93
GF Value ₹216.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Pennar Industries Inventory Turnover?

Pennar Industries NSE:PENIND -0.73% 82 Inventory Turnover is 0.50 as of Mar. 2026. GuruFocus rates NSE:PENIND with a GF Score™ of 82/100 and a GF Value™ of ₹216.52 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Pennar Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,019 Mil. Pennar Industries's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹10,104 Mil. Pennar Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.50.

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 three months ended in Mar. 2026 was 183.69.

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 quarter that ended in Mar. 2026 was 1.09.


Pennar Industries  (NSE:PENIND) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2026 is calculated as:

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

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 quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=10104.1 / 9248
=1.09

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Pennar Industries Inventory Turnover Related Terms


Pennar Industries Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Pennar Industries's Inventory Turnover 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 Inventory Turnover Chart

Pennar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 2.84 2.75 2.18 2.15

Pennar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 0.56 0.52 0.55 0.57 0.50
NSE:PENIND
82GF Score
Pennar Industries Ltd NSE:PENIND
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pennar Industries Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=20951.4 / ((9353.3 + 10104.1) / 2 )
=20951.4 / 9728.7
=2.15

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

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=5019.3 / ((0 + 10104.1) / 1 )
=5019.3 / 10104.1
=0.50

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.50 mean?
Pennar Industries (NSE:PENIND) has a Inventory Turnover of 0.50 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pennar Industries and its competitors.
Is Pennar Industries' Inventory Turnover too high?
Pennar Industries' current Inventory Turnover is 0.50. 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' Inventory Turnover compare to GEV and ETN?
Pennar Industries' Inventory Turnover of 0.50 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pennar Industries and its competitors. Pennar Industries's current Inventory Turnover is 0.50. 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 ₹216.52, compared to a current price of ₹167.93 — trading 22.4% below its estimated fair value. The current Inventory Turnover is 0.50. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Pennar Industries (NSE:PENIND), the current Inventory Turnover is 0.50 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 ₹167.93 is trading 22.4% below its estimated GF Value™ of ₹216.52. GuruFocus considers Pennar Industries to be Modestly Undervalued.

Key valuation signals for NSE:PENIND:

  • Inventory Turnover: 0.50
  • GF Value™: ₹216.52 vs. price of ₹167.93 (22.4% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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

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

₹167.93
Price
₹216.52
GF Value