Pioneer Investcorp Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2019 • Income From Securities: 82.4% • Fee Income: 17.6%
AI Sector View
AI GENERATEDFinancial Services
Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.
PROS
- Asset quality is healthy - gross NPA of just 0.0%
- Solid return on assets for a lender - ROA of 1.4%
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- A large part of profit comes from other income (158.9% of PBT)
- Company has a low return on equity of 1.7% over last 3 years
- Company has a low return on capital employed of 5.8%
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJAJFINSV | 1917.30 | 30.28 | 307163.22 | 0.08 | 6296.67 | 18.15 | 42036.90 | 92.22 | 11.88 | 40.79 |
| AIIL | 546.65 | 22.13 | 46422.91 | 0.00 | 11082.20 | 1075.19 | 14695.40 | 1109.37 | 13.85 | 88.91 |
| CHOLAHLDNG | 1525.75 | 10.74 | 28650.15 | 0.09 | 1788.99 | 42.04 | 11113.57 | 42.92 | 10.52 | 57.53 |
| TVSHLTD | 13000.05 | 13.35 | 26301.84 | 0.66 | 1173.58 | 73.77 | 17076.18 | 40.01 | 19.39 | 16.25 |
| CGCL | 266.10 | 22.71 | 25602.92 | 0.08 | 353.38 | 102.04 | 1576.47 | 62.12 | 11.68 | 68.54 |
| MAHSCOOTER | 13002.55 | 53.35 | 14860.05 | 1.69 | 3.32 | -90.61 | 5.41 | -81.52 | 1.06 | 84.10 |
| JSWHL | 11435.95 | 92.40 | 12693.48 | 0.00 | 24.54 | -92.74 | 34.58 | 14.97 | 0.58 | 92.45 |
| JMFINANCIL | 124.75 | 11.48 | 11938.08 | 2.61 | 368.57 | -19.66 | 1200.53 | 9.69 | 11.91 | 58.30 |
| TSFINV | 437.25 | 19.95 | 9711.49 | 2.55 | 124.95 | -92.11 | 305.57 | 102.23 | 3.47 | 53.35 |
| RELIGARE | 256.95 | 161.25 | 8857.93 | 0.00 | -46.98 | -674.86 | 2353.40 | 1051.76 | 4.71 | -2.08 |
| KAMAHOLD | 2282.95 | 7.87 | 7326.12 | 1.82 | 584.02 | 10.80 | 4657.56 | 7.07 | 20.86 | 22.01 |
| PIONRINV | 85.40 | 7.36 | 105.02 | 0.00 | 1.98 | -94.53 | 6.70 | -54.03 | 8.61 | 47.55 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 5 | 6 | 8 | 5 | 1 | 3 | 4 | 12 | 10 | 7 | 1 | 5 | |
| 4 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 7 | 5 | 3 | 4 | 5 | |
| Operating Profit | 2 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 6 | 5 | 5 | -2 | 1 |
| OPM % | 39.27% | 37.29% | 40.19% | 52.74% | 36.97% | 228.99% | 114.33% | 47.95% | 48.11% | 54.42% | 72.72% | -267.74% | 27.89% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 4 | 0 | 4 | 0 | 0 | 0 | 7 | 2 |
| Interest | 2 | 1 | 2 | 2 | 1 | 4 | 2 | 3 | 3 | 1 | 1 | 3 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 4 | 4 | 3 | 1 | |
| Tax % | 13.64% | 22.73% | 26.42% | 20.94% | 18.99% | 23.36% | 18.18% | 68.90% | 25.16% | 25.00% | 25.12% | -4.30% | 25.71% |
| Net Profit | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 1 |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 0 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 18,851 | 46,064 | 25,691 | 34 | 37 | 25 | 27 | 23 | 26 | 27 | 22 | |
| 18,843 | 46,031 | 25,690 | 26 | 23 | 15 | 15 | 15 | 15 | 18 | 17 | |
| Operating Profit | 8 | 33 | 1 | 8 | 14 | 10 | 12 | 9 | 11 | 9 | 5 |
| OPM % | 0.04% | 0.07% | 0.00% | 22.40% | 37.98% | 40.56% | 44.41% | 37.22% | 43.44% | 32.15% | 23.04% |
| 1 | 1 | 7 | 1 | 1 | 1 | 1 | 0 | 0 | 9 | 9 | |
| Interest | 5 | 11 | 6 | 7 | 10 | 7 | 8 | 6 | 8 | 11 | 7 |
| Depreciation | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before Tax | 2 | 22 | 1 | 0 | 3 | 3 | 4 | 2 | 3 | 6 | 12 |
| Tax % | 16.65% | 39.72% | -11.08% | -56.00% | 36.04% | 75.10% | 13.36% | 45.97% | 21.37% | 42.67% | 18.67% |
| Net Profit | 2 | 13 | 2 | 0 | 2 | 1 | 4 | 1 | 2 | 3 | 9 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 1.77 | 0.52 | 2.98 | 0.94 | 1.98 | 2.57 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -48%
- 5 Years:
- -6%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -9%
- 5 Years:
- 8%
- 3 Years:
- -5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 3%
- 5 Years:
- 2%
- 3 Years:
- 2%
- Last Year:
- 2%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| 90 | 103 | 105 | 108 | 110 | 111 | 116 | 118 | 117 | 120 | |
| 20 | 51 | 32 | 74 | 41 | 102 | 51 | 74 | 67 | 102 | |
| 2 | 11 | 2 | 4 | 4 | 4 | 8 | 12 | 7 | 11 | |
| Total Liabilities | 125 | 177 | 152 | 198 | 168 | 230 | 188 | 216 | 204 | 246 |
| 2 | 3 | 3 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | |
| 45 | 56 | 58 | 61 | 58 | 58 | 60 | 60 | 56 | 58 | |
| 22 | 59 | 31 | 49 | 1 | 79 | 20 | 18 | 23 | 66 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 97 | 61 | |
| Cash & Bank | 1 | 2 | 5 | 13 | 3 | 1 | 0 | 0 | 0 | 0 |
| 55 | 58 | 54 | 71 | 101 | 88 | 103 | 134 | 25 | 57 | |
| Total Assets | 125 | 177 | 152 | 198 | 168 | 230 | 188 | 216 | 204 | 246 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 | -6 | 25 | -24 | 27 | -56 | 59 | -16 | 16 | 3 | |
| Cash from Investing | 2 | -12 | 4 | -2 | 6 | 1 | 0 | 0 | 6 | -25 |
| Cash from Financing | -30 | 20 | -24 | 34 | -43 | 54 | -59 | 17 | -22 | 22 |
| -5 | 1 | 4 | 7 | -10 | -2 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
No announcements filed.
News
Recent coverage and analyst commentary for PIONRINV
Loading news…
AI Stock Analyst
Pioneer Investcorp Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account