As of 6 Nov 2026, Pioneer Investcorp trades at 4.7× trailing earnings, below the industry P/E of 18.4×, and the shares are 39% below their 52-week high. Sales and net profit grew 19% and 98% a year over 3 years; its ROCE of 15% is the lowest among the 7 largest Capital Markets peers. Debt is 0.61× equity. It is a small-cap company with a market cap of ₹67 Cr, ranked 104th of 219 Capital Markets companies by market cap; the shares fell 32% over the past year.
- ₹56.85
- ₹57.50
- ₹53.51
- ₹56.85
- 1.7K
Health check
- ReturnsBehind
−32.3% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 4.7 vs industry 18.4.
- GrowthSteady
Sales +19.4%, profit +97.8% a year over 3 years.
- ProfitabilityWeak
ROCE 14.7% vs peer median 22.1%.
- Balance sheetFair
Debt 0.61× equity, interest covered 2.8×, Piotroski 8 of 9.
- Red flags4 to check
Quarterly profit down 45.3% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹67 Cr
- Small cap
- P/E
- 4.7
- Industry 18.4
- Price to book
- 0.39
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- 9.7%
- Peers 18.9%
- ROCE
- 14.7%
- Peers 22.1%
- Debt to equity
- 0.61
- Debt ₹105 Cr
- EPS (TTM)
- ₹11.61
- Face value ₹10
- OPM (TTM)
- 34.5%
- Net margin 38.6%
- Sales growth
- −52.8%
- Latest quarter vs a year ago
- Profit growth
- −45.3%
- Latest quarter vs a year ago
- Price to sales
- 1.81
Strengths and risks
Strengths
- Net margin of 38.6%.
- P/E of 4.7 against an industry P/E of 18.4.
Risks to check
- Quarterly profit down 45.3% on a year ago.
- Quarterly sales down 52.8% on a year ago.
- 39% below its 52-week high.
- Interest coverage of only 2.6×.
About Pioneer Investcorp
Pioneer Investcorp Limited provides investment banking and advisory services in India and internationally. It offers a range of investment banking services, including merchant banking, corporate finance advisory and strategic alliance, debt syndication, structured transaction, and merger and acquisition advisory services, as well as private equity advisory services comprising venture and growth capital, structured finance, buyout/control transaction, and…
- Headquarters
- Mumbai
- Employees
- 34
- Sector
- Financial Services
- ISIN
- INE746D01014
- Website
- pinc.co.in
Price range
- Avg volume (3M)
- 4K
- 1-year return
- minus 32.3%
- From 52-week high
- minus 38.7%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| PIONRINVPioneer Investcorp | 54.51 | minus 4.12% | 67 | 4.7 | 0.39 | 14.7% | 9.7% | 12.7% | 19.4% | 97.8% | 0.00% | minus 32.3% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 14.2 | 16.8 | 11.6 | 4.4 | 6.7 | |
| 7.3 | 8.9 | 4.2 | 7.6 | 5.1 | |
| 6.9 | 7.9 | 7.3 | −3.2 | 1.6 | |
| 48.5% | 46.8% | 63.4% | −74.6% | 24.4% | |
| 1.7 | 0.8 | 1.5 | 9.7 | 3.2 | |
| 4 | 2.4 | 2.2 | 3.7 | 2.3 | |
| 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | |
| 4.4 | 6.1 | 6.4 | 2.5 | 2.3 | |
| 18.1% | 20.7% | 9.3% | 33.4% | 14.8% | |
| 3.6 | 4.8 | 5.8 | 1.7 | 2 | |
| 2.94 | 3.94 | 4.69 | 1.37 | 1.61 |
Profit & loss
- Sales CAGR 3Y
- +19.4%
- Profit CAGR 3Y
- +97.8%
- EPS CAGR 3Y
- +97.9%
- ROE
- 9.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 32.2 | 41.1 | 46.9 | 54.7 | |
| – | +27.7% | +14.2% | +16.6% | |
| 21.1 | 30 | 24.2 | 27.1 | |
| 11.1 | 11.1 | 22.7 | 27.6 | |
| 34.4% | 27.1% | 48.4% | 50.5% | |
| −0.4 | 4.3 | 2.4 | 3 | |
| 6.1 | 9.5 | 13.4 | 10.5 | |
| 0.9 | 1.1 | 1.1 | 0.8 | |
| – | – | – | 0.2 | |
| 3.6 | 4.9 | 10.7 | 19.4 | |
| 42.8% | 53.0% | 26.1% | 18.0% | |
| 2.1 | 4.1 | 7.9 | 15.9 | |
| – | +98.0% | +93.9% | +101.7% | |
| 1.67 | 3.31 | 6.42 | 12.94 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.9 | 12.9 | 12.9 | 12.9 | |
| 126 | 135 | 143 | 159 | |
| 82.2 | 105 | 139 | 105 | |
| 26.4 | 153 | 154 | 140 | |
| 248 | 406 | 449 | 417 | |
| 3.9 | 12.4 | 4.9 | 15.2 | |
| 0 | 7.7 | 7.7 | 7.7 | |
| 34.8 | 105 | 0 | 0 | |
| 25.5 | 16.6 | 17.9 | 14.5 | |
| 184 | 264 | 419 | 379 | |
| 248 | 406 | 449 | 417 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −30.2 | −23.2 | −24.6 | 67.7 | |
| 1.3 | 6.4 | 5 | −25.3 | |
| 26.3 | 11.1 | 21 | −45.7 | |
| −2.5 | −5.7 | 1.3 | −3.4 | |
| −0 | −0.5 | −0 | −3.4 | |
| −30.2 | −23.6 | −24.7 | 64.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.