Pioneer Investcorp Ltd
NSE: PIONRINV BSE: 507864Finance
Pioneer Investcorp Ltd (PIONRINV) is a Finance company listed on NSE: PIONRINV | BSE: 507864. With a market cap of ₹146 Cr and ROCE of 8%, ROE of 2.4%, it operates in the Indian Finance sector.
₹118
52W: ₹55 — ₹134
PE 16.3 · Book ₹113 · +4% vs bookMarket Cap₹146 Cr
Stock P/E16.3Price to Earnings
ROCE8%Return on Capital
ROE2.4%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Stock is trading at 1.00 times its book value
- +Company is expected to give good quarter
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 0.52% over past five years.
- −Company has a low return on equity of 1.72% over last 3 years.
- −Promoters have pledged 43.5% of their holding.
- −Company has high debtors of 621 days.
- −Company's cost of borrowing seems high
Shareholding Pattern
Promoters65.46%
FIIs2.99%
DIIs0.22%
Public31.34%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 64.8% | 64.8% | 64.8% | 64.8% | 64.8% | 65.34%▲0.5 | 65.46%▲0.1 | 65.46% |
| FIIs | 3.79% | 3.79% | 3.59%▼0.2 | 2.99%▼0.6 | 2.99% | 2.99% | 2.99% | 2.99% |
| DIIs | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% | 0.22% |
| Public | 31.18% | 31.19%▲0.0 | 31.4%▲0.2 | 32.01%▲0.6 | 31.99%▼0.0 | 31.46%▼0.5 | 31.33%▼0.1 | 31.34%▲0.0 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.39 | 6.27 | 8.38 | 5.59 | 6.07 | 7.34 | 8.18 | 12.99 | 10.58 | 8.73 |
| Expenses | 3.38 | 3.75 | 3.96 | 3.65 | 4.49 | 3.99 | 6.31 | 7 | 5.41 | 3.33 |
| Operating Profit | 2.01 | 2.52 | 4.42 | 1.94 | 1.58 | 3.35 | 1.87 | 5.99 | 5.17 | 5.4 |
| OPM % | 37.29% | 40.19% | 52.74% | 34.7% | 26.03% | 45.64% | 22.86% | 46.11% | 48.87% | 61.86% |
| Net Profit | 0.34 | 0.4 | 1.51 | 0.64 | 0.82 | 0.91 | 0.79 | 2.38 | 2.73 | 3.01 |
| EPS ₹ | 0.28 | 0.33 | 1.23 | 0.52 | 0.67 | 0.74 | 0.64 | 1.94 | 2.22 | 2.45 |
AI Insights
Revenue Trend
TTM revenue at ₹40.48Cr, up 12.7% YoY. OPM at 45.53%.
Debt Position
Borrowings at ₹45.51Cr. Debt-to-equity ratio: 0.36x. Healthy balance sheet.
Institutional Flow
DIIs: 0.22% (+0.00pp change). FIIs: 2.99% (-0.80pp change). Promoters hold 65.46%.
Margin & Efficiency
ROCE improving from 5.14% (Mar 2014) to 8% (Mar 2025). Working capital days: 1220.09.
Valuation
PE 16.3x with 8% ROCE. Price is 4% above book value of ₹113. Dividend yield: 0%.
Recent Announcements
- Board Meeting Intimation for Consideration Of Audited Standalone And Consolidated Financial Results And Statement Of The Company For Fourth Quarter And Financial Year Ended 31St March 2026. 14 May - Board to meet on 29 May 2026 to approve audited Q4 and FY26 financial results.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr - Pioneer Investcorp says it is not a large corporate; long-term borrowings were 25.94 crore as of 31 March 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Regulation 74(5) certificate filed for quarter and year ended 31 March 2026.
- Announcement under Regulation 30 (LODR)-Acquisition 27 Mar - Subscribed 7,80,000 shares @Rs10 (Rs78 lakh) in Pioneer Insurance on 27-Mar-2026; holding 14.58%.
- Closure of Trading Window 24 Mar - Pioneer Investcorp: trading window closed from 01-Apr-2026 until 48 hours after audited FY2026 results; board date pending.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse