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Pipan Oils Limited

GSM · GSM 4 · AMS Promoter stake −2.85pp
₹186.05
₹326 Cr market cap
P/E
—
EPS
₹0
Book value
₹-0.83
ROE
165.2%
ROCE
-327.97%
Debt / equity
0.82

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

01.312.623.935.24Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Shareholding

As of 2026-09-30

72.03%
promoter holding
  • Promoter72.03%
  • Public27.97%

1,648 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

9.94%72.03%Dec 24Sep 26

52-week position

Where the current price sits in its yearly band

₹166₹186₹186

The band spans 1.12× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — GSM · GSM 4 · AMS. Trading may carry price bands, periodic call auction or higher margins.
  • Promoter holding fell 2.85 percentage points to 72.03% in the latest disclosure.
  • Reported zero revenue in 2 of the last 8 disclosed periods.

Peer comparison

Trading · ranked #110 of 693 by market cap · medians across 50 industry peers

P/E
—vs 34.35 peer med
P/B
0vs 5.09 peer med
ROE %
165.2vs 13.11 peer med
Margin %
0vs 4.35 peer med
CompanyMkt capP/EP/BROEMargin
Adani Enterprises Limited₹3,63,802 Cr101.433.713.66%4.59%
Avenue Supermarts Limited₹2,24,349 Cr71.988.611.94%4.2%
Trent Ltd.₹1,68,779 Cr88.1221.6924.4%8.62%
FSN E-Commerce Ventures Ltd.₹1,04,618 Cr314.8363.1619.49%2.85%
Aditya Infotech Limited₹50,886 Cr82.3713.8716.16%10.38%
Vishal Mega Mart Limited₹45,148 Cr50.195.711.37%6.45%
Aegis Logistics Limited₹42,976 Cr32.266.4520.01%14.99%
Premier Energies Limited₹40,670 Cr22.987.8834.23%19.11%
Redington Limited₹27,339 Cr13.622.5418.62%1.31%
Honasa Consumer Limited₹16,378 Cr57.1711.0219.03%10.3%
Pipan Oils Limited(this company)₹326 Cr—0165.2%0%

AI analysis

AI-generated · google/gemini-2.5-flash

Pipan Oils Limited is listed with a market capitalization of Rs 318 Cr. The company reported a negative EPS of 0, a negative ROCE of -79.4739%, and a negative ROE of -444.1%. The debt-to-equity ratio stands at 0.77. Promoter holding is 74.8803% as of March 31, 2026, with no shares pledged.

Positives

  • +Promoter holding is 74.8803%, indicating significant insider ownership.
  • +No promoter shares are pledged, with a pledge percentage of 0%.

Negatives

  • −The company has consistently reported negative EPS, with -0.38 in Mar 2025.
  • −Revenue has declined significantly from Rs 5.2398284 Cr in Mar 2021 to Rs 0.1228 Cr in Mar 2025.
  • −The company has a negative Return on Equity (ROE) of -444.1% and a negative Return on Capital Employed (ROCE) of -79.4739%.
  • −Profit margin is 0%, indicating no reported profit.
  • −The company is under regulatory surveillance, specifically GSM Stage 4 and AMS measures.

Financial Performance

Pipan Oils Limited has reported declining annual revenue. Revenue decreased from Rs 5.2398284 Cr in Mar 2021 to Rs 0.1228 Cr in Mar 2025. The company consistently reported net losses, ranging from -0.0214141 Cr in Mar 2021 to -0.1926 Cr in Mar 2025. Quarterly reports show no revenue for the periods from Dec 2024 to Mar 2026.

Profitability & Returns

The company has consistently posted negative profitability metrics. The profit margin is 0%. Return on Equity (ROE) is -444.1% and Return on Capital Employed (ROCE) is -79.4739%. Earnings per share (EPS) have been negative, with -0.01 in Mar 2021 decreasing to -0.38 in Mar 2025. The company's highest recent negative EPS was -2.48 in Mar 2023.

Balance Sheet

Pipan Oils Limited has a book value of 0.11. The company's debt-to-equity ratio is 0.77. No dividend yield is reported. The company shows a history of negative net profits and EBITDA figures in its annual reports.

Ownership & Pledges

As of March 31, 2026, the promoter holding in Pipan Oils Limited is 74.8803%. Public shareholding is 25.1197%. There is no FII or DII holding reported. The number of shareholders as of March 31, 2026, is 1695. No promoter shares are pledged.

Regulatory & Surveillance

Pipan Oils Limited is currently under surveillance. It falls under the GSM (Graded Surveillance Measure) Stage 4 and AMS (Additional Surveillance Measure) categories. These measures indicate the company is under scrutiny by regulatory bodies due to specific criteria met.

Data as of — price: 2026-11-14 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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