Pioneer Investcorp Limited (PIONRINV)

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Pioneer Investcorp Limited (PIONRINV) · mywealthgrid

About

Pioneer Investcorp Limited operates in Other Financial Services within the Financials sector.

Face value: ₹10

Market cap

₹90 Cr

P/E

43.6×

P/B

0.7×

Dividend yield

ROE

1.5%

ROCE

7.2%

Debt / equity

0.59

OPM

33.3%

EPS (TTM)

₹1.6

Book value

₹108.0

52-week high

—

52-week low

—

2,227 historical price candles were omitted because the exchange source has not been verified.

₹73.0-5.8%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 33.3%
+High promoter holding of 65.9% with no pledge

Cons

−Low return on equity of 2.1% (3-yr avg)
−Weak interest coverage of 1.5×

Research score

Structured signal from quality, growth, valuation and momentum.

44/100

Business quality: 35
Valuation: 52

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Crisil LimitedCRISILCRISIL	₹32,373 Cr	₹32,373 Cr	₹4,126 Cr	₹1,229 Cr	29.7%	₹884 Cr	21%	33.9%	27.4%	48
RRP Semiconductor LtdRRPRRP	₹11,162 Cr	₹11,168 Cr	₹-7 Cr	₹-7 Cr	—	₹-8 Cr	—	-32.7%	-59.8%	—
Onemi Technology Solutions LimitedKISSHTKISSHT	₹6,254 Cr	₹7,346 Cr	₹2,179 Cr	₹651 Cr	29.9%	₹281 Cr	12.9%	32.9%	21%	-8
Asset Reconstruction Company (India) LimitedARCILARCIL	₹4,546 Cr	₹5,751 Cr	₹722 Cr	₹473 Cr	65.5%	₹-36 Cr	44.7%	—	-1.3%	—
Colab Platforms LtdCOLABCOLAB	₹2,622 Cr	₹2,624 Cr	₹158 Cr	₹2 Cr	1%	₹5 Cr	2.9%	23.2%	17.2%	9
Gyftr LtdGYFTRGYFTR	₹1,204 Cr	₹1,240 Cr	₹14 Cr	₹3 Cr	21.6%	₹2 Cr	12.9%	—	0.5%	—
Prime Securities LimitedPRIMESECUPRIMESECU	₹1,022 Cr	₹1,024 Cr	₹125 Cr	₹13 Cr	15.7%	₹5 Cr	9.6%	—	6.7%	—
Centrum Capital LimitedCENTRUMCENTRUM	₹969 Cr	₹17,026 Cr	₹3,643 Cr	₹948 Cr	29.2%	₹-217 Cr	-7.5%	12.7%	-46.8%	-519
Wealth First Portfolio Managers LimitedWEALTHWEALTH	₹952 Cr	₹952 Cr	₹58 Cr	₹37 Cr	72.3%	₹33 Cr	56%	34.5%	27.7%	563
Stellant Securities (India) LtdSTELLANTSTELLANT	₹518 Cr	₹518 Cr	₹0 Cr	₹-0 Cr	-93.8%	₹-0 Cr	-93.8%	-45.5%	-44.8%	0
The Investment Trust Of India LimitedTHEINVESTTHEINVEST	₹472 Cr	₹523 Cr	₹274 Cr	₹48 Cr	20.2%	₹33 Cr	12.2%	8.5%	4.2%	-42
Ndl Ventures LimitedNDLVENTURENDLVENTURE	₹422 Cr	₹1,328 Cr	₹1,044 Cr	₹149 Cr	17%	₹-38 Cr	0.2%	4.4%	-5.9%	-739

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2022	Mar 2023
	36	32
Interest	10	7
Expenses	20	21
Financing profit	6	4
Financing margin %	15.8%	12.8%
Other income	0	0
Depreciation	1	1
Profit before tax	5	4
Tax	1	2
Tax %	25.3%	42.9%
PAT	4	2
EPS (₹)	3	1.7
EPS adjusted (₹)	2.9	1.6
Annual report	Annual report for Mar 2022	Annual report for Mar 2023

₹ Cr	Mar 2021	Mar 2022	Mar 2023
Equity capital	13	13	13
Reserves	—	124	126
Minority interest	—	0	—
	—	49	82
	—	18	26
Total equity & liabilities	—	205	248
	5	5	4
CWIP	—	—	—
Investments	—	18	18
	—	182	226
Total assets	—	205	248

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	66	68	-30	-23	-25
	0	-2	0	6	5
	52	-62	26	11	21
Net cash flow	—	5	-3	—	—
Free cash flow	—	67	-30	-24	-25
CFO / Operating profit %	—	444.5%	-283.4%	—	—

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: -10%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: -45%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 2%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2022	Mar 2023
Margins
Gross margin %	—	—
EBITDA margin %	43.1%	33.3%
EBIT margin %	40%	30.4%
PAT margin %	10.5%	6.5%
Working capital
Receivable days	1,057	1,684
Inventory days	367	492
Payable days	109	168
NWC days	1,314	2,008
Leverage
Current ratio	3.04	2.3
Debt to EBITDA	3.22	7.73
Debt to equity	0.36	0.59
Interest coverage	1.5	1.5
Asset turnover	0.17	0.13
Return ratios
Return on assets %	1.8%	0.8%
Return on capital employed %	10.5%	7.2%
Return on equity %	2.7%	1.5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	64.8%	64.8%	64.8%	64.8%	64.8%	64.8%	64.8%	64.8%	65.34%	65.46%	65.46%	65.91%
	3.79%	3.79%	3.79%	3.79%	3.79%	3.59%	2.99%	2.99%	2.99%	2.99%	2.99%	2.99%
	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.19%	31.19%	31.19%	31.19%	31.19%	31.39%	31.99%	31.99%	31.45%	31.33%	31.33%	30.88%
No. of shareholders	—	—	—	—	—	—	—	—	4,895	4,732	4,608	4,586

Promoter holding up 1.11 percentage points since Sep 2023.

6 deals · 30 Sept 2022 – 31 Oct 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
31 Oct 2022	AGANTUK PROPERTIES PRIVATE LIMITED	Bulk	BSE	Sell	1,50,271	₹42.30	₹0.64 Cr
31 Oct 2022	VSS IRON AND MINERALS PRIVATE LIMITED	Bulk	BSE	Buy	1,50,000	₹42.30	₹0.63 Cr
21 Oct 2022	VSS IRON AND MINERALS PRIVATE LIMITED	Bulk	BSE	Buy	1,75,000	₹41.50	₹0.73 Cr
21 Oct 2022	SADABAHAR PROPERTIES PRIVATE LIMITED	Bulk	BSE	Sell	1,25,000	₹41.50	₹0.52 Cr
30 Sept 2022	VSS IRON AND MINERALS PRIVATE LIMITED	Bulk	BSE	Buy	2,50,000	₹39.78	₹0.99 Cr
30 Sept 2022	AKSHAR COMPUTECH PRIVATE LIMITED	Bulk	BSE	Sell	2,00,000	₹39.75	₹0.80 Cr

1–6 of 6

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Gaurang Manhar GandhiExecutive Director-MD
Sanjay KabraChief Financial Officer
Mr. Arthreya Tayagrajan KrishnakumarNon-Executive - Independent Director
Mr. Tushya Deepak JatiaNon-Executive - Non Independent Director
Mr. Shailesh Pravin DalalNon-Executive - Independent Director
Mr. Raj Kumar SinghNon-Executive - Independent Director
Mrs. Saraswathy SadasivanNon-Executive - Non Independent Director
Ms. Riddhi Dilip SidhpuraCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Pioneer Investcorp Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

5

Dividend dividend30 Aug 2012 · ex-date₹0.5
Dividend dividend21 Jul 2011 · ex-date₹1
Dividend dividend5 Aug 2010 · ex-date₹1
Dividend dividend12 Aug 2008 · ex-date₹1.5
Dividend dividend13 Sept 2007 · ex-date₹1.5

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

21 announcementsExport CSV

30 Sept 2026, 5:39 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2022	Mar 2023
Margins
Gross margin %	—	—
EBITDA margin %	43.1%	33.3%
EBIT margin %	40%	30.4%
PAT margin %	10.5%	6.5%
Working capital
Receivable days	1,057	1,684
Inventory days	367	492
Payable days	109	168
NWC days	1,314	2,008
Leverage
Current ratio	3.04	2.3
Debt to EBITDA	3.22	7.73
Debt to equity	0.36	0.59
Interest coverage	1.5	1.5
Asset turnover	0.17	0.13
Return ratios
Return on assets %	1.8%	0.8%
Return on capital employed %	10.5%	7.2%
Return on equity %	2.7%	1.5%

Date	Category	Subject	Filing
30 Sept 2026, 5:39 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 5:22 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
8 Sept 2026, 4:04 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 7:00 pm	AGM/EGM AGM	Book Closure Intimation For 41St AGM	PDF
7 Sept 2026, 6:51 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
7 Sept 2026, 6:38 pm	AGM/EGM AGM	Intimation For 41St Annual General Meeting "AGM" To Be Held On 30Th September, 2026.	PDF
1 Sept 2026, 3:51 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
19 Aug 2026, 3:04 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

Pioneer Investcorp Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends5

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends5

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

5

1

5

1