PIGL

OVERVALUED

Power & Instrumentation (Gujarat) Limited

Oil & Gas · NSE

95.7% vs fair value

52W Low

93

+15.6% from low

52W High

195

-45.0% from high

News sentiment (10 articles)
0 bull7 neutral3 bear

Valuation Gauge

OVERVALUED-95.7% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹107

Fair Value

₹55

Fair Value Analysis

₹55

Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Oil & Gas sector companies | Growth capped at 11.2% (ROE 9.7%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.

Medium confidence

Balance Sheet Value

33% weight

₹112

EV/EBITDA Multiple

67% weight

₹26

Price vs Market

PIGL
Nifty 50

Shareholding Pattern

Stock Health Score

B

Solid Fundamentals

5.9 / 10

Profitability

8/10

ROE of 9.7% is acceptable for Oil & Gas sector (benchmark: 10%)

Debt & Leverage

10/10

D/E ratio of 0.2x is well within the Oil & Gas sector norm of 1.5x — strong balance sheet

Valuation vs Peers

1/10

P/E of 14.1x is 1.7x the Oil & Gas sector median of 8x — expensive

Cash Flow

1/10

Negative FCF of ₹-40 Cr — company is consuming more cash than it generates

Earnings Growth

10/10

5yr EPS CAGR of 59.5% is well above the Oil & Gas sector average of 14.6% — strong growth

Dividend

4/10

Dividend yield of 0.2% is symbolic — low but positive

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

-25.1%

Free cash flow / market cap

Revenue Growth (YoY)

+45.8%

Year-on-year revenue change

Profit Growth (YoY)

+11.9%

Year-on-year PAT change

Operating Cash Flow

₹-40 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹7.6

P/E Ratio

14.1x

P/B Ratio

1.5x

ROE

9.7%

ROCE

16%

Debt / Equity

0.21x

Beta

0.58

Div Yield

0.2%

FCF (Cr)

₹-40 Cr

Revenue (Cr)

₹169 Cr

EPS Growth 5Y

59.5%

Mkt Cap (Cr)

₹225 Cr

52W High

₹195.5

52W Low

₹93

Book Value/Share

₹73.2

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹215 Cr₹22 Cr10.0%₹14 Cr₹7.60
2025-03-31₹169 Cr₹17 Cr10.0%₹12 Cr₹6.73
2024-03-31₹97 Cr₹11 Cr11.0%₹6 Cr₹4.67
2023-03-31₹94 Cr₹8 Cr8.0%₹4 Cr₹2.86
2022-03-31₹91 Cr₹7 Cr7.0%₹3 Cr₹3.36

Compounded Growth Rates

Sales Growth

3Y+31.8%
5Y
10Y

Profit Growth

3Y+51.8%
5Y
10Y

EPS Growth

3Y+38.5%
5Y
10Y

Peer Comparison

Oil & Gas
StockPriceFair ValueMoS%P/EROESignal

Gulf Oil Lubricants India Limited

₹891₹1,626.9+45.2%12.721.1%UNDERVALUED

GP Petroleums Limited

₹28.7₹44.1+35.0%5.47.4%UNDERVALUED

Magadh Sugar & Energy Limited

₹493₹640.5+23.0%813.9%UNDERVALUED

Oil and Natural Gas Corporation

₹281.4₹330.7+14.9%9.512.2%FAIRLY_VALUED

Avadh Sugar & Energy Limited

₹499₹534.5+6.6%12.88.0%FAIRLY_VALUED

GAIL India

₹143.4₹146.9+2.3%10.99.8%FAIRLY_VALUED

Hindustan Petroleum Corporation Limited

₹328.9₹333.1+1.3%4.512.3%FAIRLY_VALUED

Mahanagar Gas

₹966.6₹849.5-13.8%9.917.0%FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

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