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PIL was formerly known as Pennar Steels Ltd. It is engaged in manufacturing of steel products, such as cold rolled steel strips (CRSS) and cold formed metal profiles (CFMP). Its heavy engineering products division manufactures floors, side walls, roofs, end walls and doors, as well as underframe parts for railway wagons and coaches. Its infrastructure division manufactures building products, which include purlins, roofing sheets and deck plates; road safety systems, which includes crash barriers for road safety; fabricated products, such as fabrication of heavy structures for industrial buildings, conveyors, racking systems and boilers. Its building and construction division is engaged in design, manufacture, supply and installation of preengineered steel buildings and building components for industries, warehouses, commercial centres, multistoried buildings, aircraft hangars and stadiums. The company has an installed capacity to manufacture 110,000 tonnes per annum (TPA) of CRSS and 105,000 TPA of CFMP and pressed components. In FY10, the company produced 103,749 tonnes of CRSS and 86,760 tonnes of CFMP and pressed components. It has a subsidiary, PEBS, in which the company owns 75%.
1988 was the year when Pennar Industries Limited was born, and since then, Pennar has grown and diversified to become a leading engineering company making a host of steel bsed products. Pennar began by manufacturing Cold Rolled Steel Strips (CRSS) with an installed capacity of 30,000 MTPA. Its first plant was strategically established at Isnapur, 45 km from Hyderabad.
Pennar achieved profits right from the first year of its operation, followed by declaration of dividend from the second year. The company was growing at a rapid pace and thus to incorporate its expansion and demand, Pennar increased its manufacturing capacity to 50,000 MTPA in the year 1997.
Pennar is now a multi-location, multi-product company manufacturing Cold Rolled Steel Strips, Precision Tubes, Cold Rolled Formed Sections, Electro Static Precipitators, Profiles, Railway Wagons and Coach Components, Press Steel Components and Road Safety Systems.
Pennar has set up a subsidiary, Pennar Engineered Building Systems, Which at its state of the art manufacturing facility at Sadashivpet, near Hyderabad designs, manufactures and erects pre-engineered steel buildings.
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IDA, Patancheru - 502 319 Medak (Dist), A.P. T el +91 8455 242184-193 Fax +91 8455 242161 / 242424 E-mail: contact@pennarindia.com / pilhyd@bsnl.in
Email: productenquiry@pennarindia.com
MANUFACTURING PLANTS
Patancheru, Patancheru - 502 319 Medak (Dist), A.P. Tel +91 8455 242184-193 Fax +91 8455 242161 / 242424 E-mail: contact@pennarindia.com / pilhyd@bsnl.in Isnapur - 502 307 Medak (Dist.), A.P. Tel +91 8455 226615 / 17 Fax +91 8455 226412 Chennai/Kannigaipair Village, Periyapalem Main Road, Tiruvellore Dist. Tel: (044) 2762 9042 / 2760 1009 / 2760 1010 Fax: (044) 2762 9298 Tamil Nadu 601 102, E-mail: pilchn@pennarindia.com Tarapur Pressmetal (Pennar) MIDC, Tarapur, Maharashtra. Tel +91 2525 272517 /609 / 429 Fax +91 2525 272536 E-mail: pennar@sancharnet.i
Tarapur Unit: J-72, MIDC City:Tarapur State:Maharashtra Pincode:401506 Chennai Unit: Kannigaipair Village, Uthukottai Tq City:Thiruvallur District State:Tamil Nadu Pincode:601102 Hosur Unit: 43, SIDCO Industrial Estate, II Phase City:Hosur State:Tamil Nadu
HYDERABAD, SEPT. 28: Pre-engineered building solutions provider Pennar Industries bagged orders worth Rs 70 crore from two companies in the railways and solar power sectors. Business Standard reported that Pennar Industries Limited, engaged in the production and marketing of specialised and engineered metal products, has received orders worth INR 70 crore. The orders included supply of railway wagon components to Texmaco and structures to 77 MW solar power projects from L&T, Mahindra EPC Services, Lanco, Azure Power and Moser Baer.
o Hyderabad-based Pennar Industries Limited (PIL) is betting big on its pre-engineered buildings subsidiary, which recorded over 68 per cent growth and contributed 20 per cent to the net revenues in 2011-12
Current Market
Capitalization
Graph showing Comparison of Stock Price with Sensex for last 1 year
Profit/Loss
54.26
69.46
50.07
A separate section on Corporate Governance with a detailed compliance report thereon is annexed and forms a part of the Annual Report. The Auditor`s Certificate in respect of compliance with the provisions concerning Corporate Governance, as required by Clause 49 of the Listing Agreement, is also annexed.
They have undertaken a number of social and environmental initiatives for the betterment of our community and the world at large. Being a responsible corporate citizen, we put safety, health and environment at the forefront of our activities. Our core principles of reuse, recycle and replenish are aimed at: Pollution control Waste minimization Reduced effluent discharge On the community front, we regularly organize blood donation camps and we are committed to improve facilities at the school near our plant sites.
Three Competitors
Bhushan Steel Ltd. Lloyds Steel Industries Ltd. Mahamaya Steel Industries Ltd
Bibliography
http:// www.moneycontrol.com http:// www.google.co.in http://www.bseindia.com http://bhushan-group.org http://economictimes.indiatimes.com http://in.reuters.com