PAE Ltd
Incorporated in 1950, PAE Ltd is engaged
in Sale & Service of Lead Storage Batteries, Power Back up System & Automotive Parts[1]
- Market Cap ₹ 1.90 Cr.
- Current Price ₹ 19.0
- High / Low ₹ 19.0 / 6.90
- Stock P/E 0.14
- Book Value ₹ -49.9
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 73.3% CAGR over last 5 years
Cons
- Earnings include an other income of Rs.614 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 86 | 75 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 95 | 84 | 22 | 6 | 3 | 5 | 3 | 1 | 1 | 1 | 0 | 601 | 601 | |
| Operating Profit | -9 | -8 | -9 | -5 | -3 | -5 | -3 | -1 | -1 | -1 | -0 | -601 | -601 |
| OPM % | -10% | -11% | -73% | -1,168% | -3,111% | -9,780% | -842% | -11,900% | |||||
| 1 | 2 | -25 | 1 | 2 | 9 | 3 | 2 | 14 | 7 | 0 | 614 | 614 | |
| Interest | 5 | 4 | 2 | 1 | 0 | 1 | 2 | 6 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -13 | -11 | -37 | -5 | -2 | 3 | -1 | -5 | 12 | 6 | -1 | 13 | 13 |
| Tax % | 0% | -8% | 0% | 0% | 0% | 1% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -13 | -10 | -37 | -5 | -2 | 3 | -1 | -5 | 12 | 6 | -1 | 13 | 13 | |
| EPS in Rs | -14.16 | -10.24 | -35.92 | -5.01 | -1.46 | 3.22 | -0.99 | -5.23 | 11.67 | 6.17 | -0.65 | 134.80 | 133.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 73% |
| 3 Years: | 160% |
| TTM: | 4390% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 17% |
| 3 Years: | 48% |
| 1 Year: | 314% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 1 |
| Reserves | 5 | -6 | -44 | -49 | -51 | -48 | -49 | -54 | -42 | -38 | -39 | -25 | -6 |
| 39 | 30 | 33 | 27 | 29 | 23 | 24 | 29 | 10 | 11 | 13 | 6 | 5 | |
| 23 | 38 | 28 | 24 | 22 | 20 | 19 | 19 | 25 | 18 | 16 | 9 | 0 | |
| Total Liabilities | 76 | 72 | 28 | 11 | 10 | 6 | 4 | 4 | 3 | 1 | 1 | 0 | 0 |
| 8 | 6 | 5 | 5 | 4 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 20 | 20 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 47 | 46 | 21 | 6 | 6 | 3 | 4 | 3 | 3 | 1 | 1 | 0 | 0 | |
| Total Assets | 76 | 72 | 28 | 11 | 10 | 6 | 4 | 4 | 3 | 1 | 1 | 0 | 0 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0 | 5 | -1 | -3 | -4 | 2 | -1 | -0 | -1 | -7 | -1 | -2 | |
| 2 | 6 | 0 | 1 | 1 | 4 | 0 | 0 | 15 | 6 | 0 | 0 | |
| -2 | -13 | -0 | 2 | 3 | -6 | 1 | 0 | -14 | 0 | 1 | 2 | |
| Net Cash Flow | -1 | -2 | -1 | -0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -0 | 9 | -1 | -3 | -3 | 6 | -1 | -0 | 5 | -0 | -1 | -2 |
| CFO/OP | 1% | -44% | 8% | 83% | 150% | -37% | 33% | 29% | 186% | 887% | 337% | 0% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 78 | 140 | 361 | 722 | 4,380 | 3,431 | 0 | 0 | ||||
| Inventory Days | 31 | 22 | 83 | 119 | 112 | 28 | ||||||
| Days Payable | 66 | 161 | 612 | 1,901 | 5,812 | 10,417 | ||||||
| Cash Conversion Cycle | 44 | 1 | -168 | -1,060 | -1,320 | -6,957 | 0 | 0 | ||||
| Working Capital Days | -25 | -71 | -905 | -27,499 | -147,663 | -230,169 | -28,802 | -1,120,550 | ||||
| ROCE % | -14% | -18% | -56% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Number of Sales Offices and Warehouses (Branches) Number |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Mar - Newspaper Advertisement for the purpose of change in Registered Office from the state of Maharashtra to the state of Gujarat has been attached herewith.
-
The Company Has Entered Into Loan Agreement With Mr. Jatinbhai Ramanbhai Patel, Non-Executive Director Of The Company For Borrowing An Unsecured Loan Amounting Upto Rs. 100 Crores From The Said Director.
24 Mar - Promoter director to lend unsecured, interest-free convertible loan up to Rs100 crore; approved Feb 6 and AGM March 7, 2026.
- Closure of Trading Window 24 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 10 Mar
-
Reg. 34 (1) Annual Report.
7 Mar - Revised annual report; AGM 07-Mar-2026 proposes name change, shift to Gujarat, authorised capital Rs27.48 crore.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Business Overview:[1]
PAEL started as a distributor of auto electric components; currently, it is operational in 2 segments, viz. Power products and Auto components. In its
power products segment, PAE is engaged in marketing and
distribution of lead storage batteries (for automotive and industrial applications) and power backup systems, while in the Auto component
segment it operates as a distributor of automotive parts. Additionally,
the company has forayed into the solar energy space through its various
subsidiaries that are engaged in developing, marketing, and distributing solar panels and operate 2 solar power plants of 1 MW each.