Pilani Investment and Industries Corporation Limited is registered as a non-deposit-taking NBFC with the Reserve Bank of India. It functions as a core investment company with main activity being investment in shares and securities of the Birla group companies and providing finance to them. Pilani Investment and Industries Corporation Limited was incorporated in 1948 and is based in Kolkata, India.
The Company's application to RBI for conversion from Non-Banking Financial Company to Core Investment Company has since been processed by RBI and as directed by RBI vide its letter dated May 21, 2025, the Company has surrendered the original Certificate of Registration issued by RBI as a NBFC-ICC and the Company is awaiting receipt of the fresh Certificate of Registration as a Core Investment Company. This regulatory transition marks a significant milestone in the company's operational structure and positioning within the financial services sector.
The Co holds investments in Equity Shares of various companies like Century Textiles and Industries Limited, Grasim Industries Limited, Hindalco Industries Limited, UltraTech Cement Limited, Vodafone Idea Limited, Kesoram Industries Limited, etc. Total investments stood at Rs. ~9400 Crore as of March 2023. The company's investment strategy focuses primarily on Birla Group companies, making it a core holding vehicle for the conglomerate's diverse business interests.
The company's role as an investment holding entity gives it exposure to multiple sectors including textiles, cement, aluminum, and telecommunications through its portfolio companies. This diversified exposure provides investors with indirect access to the performance of major Birla Group companies.
Net loss of Pilani Investment & Industries Corporation reported to ₹25.09 Crore in the quarter ended March 2025, as against net profit of ₹31.44 Crore during the previous quarter ended March 2024. Sales declined 10.49% to ₹56.63 Crore in the quarter ended March 2025, as against ₹63.27 Crore during the previous quarter ended March 2024.
For the full year FY25, net profit declined 40.84% to ₹98.48 Crore in the year ended March 2025, as against ₹166.46 Crore during the previous year ended March 2024. Sales rose 5.53% to ₹302.14 Crore in the year ended March 2025, as against ₹286.31 Crore during the previous year ended March 2024.
- Revenue (FY25): ₹302.14 Crore
- Net Profit (FY25): ₹98.48 Crore
- Revenue (Q4 FY25): ₹59.23 Crore
- Net Loss (Q4 FY25): ₹25.09 Crore
Revenue: ₹305 Crore · Profit: ₹98.5 Crore · Company has a low return on equity of 1.30% over last 3 years. · Dividend payout has been low at 11.2% of profits over last 3 years.
The market capitalization of Pilani Investment And Industries Corporation Ltd (PILANIINVS) is ₹6,063.16 Crore as of July 7, 2025. As of July 7, 2025, 11:09 AM, the market cap of Pilani Investment & Industries Corporation Ltd stood at ₹6,081.85 Crore.
The 52-week high of Pilani Investment And Industries Corporation Ltd (PILANIINVS) is ₹8,207.45 and the 52-week low is ₹3,279.55. This represents a significant trading range, indicating the stock's volatility and investor sentiment variations throughout the year.
- P/E Ratio: 61.56 (as of July 2025)
- P/B Ratio: 0.38
- Book Value: ₹14,432
- Face Value: ₹10.0
Board of Directors of the Company at its meeting held on May 26, 2025, inter alia, have recommended the final dividend of ₹15 per equity Share (i.e., 150%), subject to the approval of the shareholders. Dividend Yield 0.27%.
Pilani Investment's 78th AGM held; all resolutions including dividend and director re-appointment approved. The company maintains a consistent dividend policy, though the payout ratio has been relatively conservative at 11.2% of profits over the last three years.
Chairperson Name: Rajashree Birla. Promoter Holding: 57.6%. The company maintains strong promoter control with the Birla family holding a majority stake, ensuring strategic direction alignment with the broader Birla Group objectives.
Pilani Investment And Industries Corporation Limited: Ratings reaffirmed at 'Crisil AA+/Stable/Crisil A1+'; Rated amount enhanced for Commercial Paper. Pilani Investment & Industries Corporation has received reaffirmation in credit rating for commercial paper of ₹2,000 Crore at CARE A1+.
These high credit ratings reflect the company's strong financial position and its backing by the Birla Group, providing confidence to investors and lenders regarding the company's creditworthiness and stability.
Pilani Investment aims to raise its borrowing limit to ₹3,500 Crore and has declared a ₹15 dividend for FY25, pending shareholder approval. The company also received RBI approval for conversion to a Core Investment Company, enhancing operational efficiency.
The stock is part of multiple BSE indices including BSE SmallCap, BSE Allcap, and BSE Financial Services, indicating its recognition in the financial services sector and providing liquidity for investors.
Pilani Investment & Industries Corporation represents a unique investment opportunity for those seeking exposure to the Birla Group's diverse business portfolio through a single holding company structure, though investors should consider the company's recent financial performance volatility and relatively low dividend yield when making investment decisions.