Pennar Industries Limited

Pennar Industries Limited Overview

Pennar Industries Limited is a wholly owned subsidiary of the Pennar Group of Companies. It is also known as PEBS Pennar. Pennar Industries, Pennar Chemicals, and Pennar Engineered Building Systems are some of the divisions of the Pennar Group. It offers solutions, such as pre-engineered steel buildings, which are designed and fabricated to suit the client’s requirement. It also provides turnkey solutions in a small-time frame to various companies for fulfilling their industrial, commercial, and institutional requirements. It operates through three business segments, which are pre-engineered buildings/steel structural, erection services, and engineering services. The pre-engineered buildings segment includes, building & framing, components, additions, and accessories. The company’s manufacturing facility in Hyderabad, India is spread out across a 29,000 sq.m. zone and has a total annual production capacity of 90,000 metric tons. The company has a sales and distribution network that spans across India.

Strategy

Pennar Industries Limited focuses on delivering end-to-end building solutions for commercial, industrial, logistics, aviation, agriculture, sports stadium, and other such sectors. It also focuses on technical collaborations with global leaders of pre-engineered buildings to exceed customer expectations through innovation, design versatility, world-class service, high-end engineering expertise, and cost-effective solutions.

Company Snapshot

$74.1M

Revenue

SWOT Analysis

Strengths

Strong domestic presence
Strong product portfolio

Weaknesses

Less presence in emerging countries

Opportunities

Scope of market development in China and Japan

Threats

High competition from local and global players
Fluctuating raw material prices

Key Developments

Date	Approach	Development
November 2018	Contract	Pennar Industries secured multiple orders from various customers, such as Pokarna Limited, Gemini Oils, Suguna Foods, Rain CII, TwentyOne Sugars, and Aequs SEZ, which was cumulatively worth USD 2.6 billion.
September 2018	Contract	Pennar Engineered Building Systems (PEBS) secured orders worth USD 7.02 million for products, such as pre-engineered warehouses, factory buildings and solar structures. Some of the company’s clients were Promeo Therapeutics, Aequs SEZ, Dongyang Engineering, and My Home Constructions.
August 2017	Contract	Pennar Industries secured orders worth USD 39.38 million from clients, such as JSW cement, CFCL, and Welspun India.
September 2015	Contract	Pennar Industries Limited received orders with a total worth of USD 23.15 million from marquee clients such as Tata Projects, Reliance Jio Infocomm, Larsen & Toubro, International Cargo Terminal Pvt. Ltd., Siemens, Biological E, UK Textiles, Kapil Power, and Automotive India.
February 2015	Contract	Pennar Industries Limited and its subsidiaries received orders from Phoenix, Ultratech Cement, IOT Anwesha Engineering & Construction Ltd., JSW Cement, Dhunseri Petrochem, United Spirits Ltd., Azure Power, Mahindra EPC, Sterling Wilson, L&T GeoStructure, Integral Coach Factory and Texmaco, and Besco.

Product Offering

Pennar Industries Limited
- Pre-engineered Buildings
- Custom Designed Steel Structure

Financial Performance

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