PAE Ltd

PAE Ltd

₹ 4.83 -1.83%
22 Apr - close price
About

Incorporated in 1950, PAE Ltd. is engaged in the business of sales and service of Lead Storage Batteries, Power Backup Systems and Automotive parts.

Key Points

Business Overview:[1]
Company was in the business of distribution and marketing of Automotive and Tubular stationary batteries for automotive vehicles, UPS system, inverters across India. It had a nationwide network of 19 sales offices and warehouses and staff of 120 providing sales and services to the customers across India. From November 2016 company has shrunk its business and closed down most of the branches and many staff members have resigned. It has managed so far by selling various fixed assets, investments and also cutting costs.

  • Market Cap 5.04 Cr.
  • Current Price 4.83
  • High / Low 6.97 / 4.61
  • Stock P/E
  • Book Value -39.2
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -76.5% over past five years.
  • Contingent liabilities of Rs.18.1 Cr.
  • Company has high debtors of 1,862 days.
  • Promoter holding has decreased over last 3 years: -3.06%

* 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.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
225.62 264.56 252.61 140.09 94.17 81.74 15.75 0.63 0.10
219.38 258.08 256.05 144.09 100.61 87.59 25.29 6.10 2.94
Operating Profit 6.24 6.48 -3.44 -4.00 -6.44 -5.85 -9.54 -5.47 -2.84
OPM % 2.77% 2.45% -1.36% -2.86% -6.84% -7.16% -60.57% -868.25% -2,840.00%
2.14 0.76 2.05 0.63 0.96 2.58 -15.31 7.92 0.57
Interest 1.40 3.33 6.89 8.23 7.26 6.88 2.36 0.95 0.47
Depreciation 1.11 1.63 1.53 4.07 3.84 3.92 2.07 0.37 0.18
Profit before tax 5.87 2.28 -9.81 -15.67 -16.58 -14.07 -29.28 1.13 -2.92
Tax % 42.42% 61.40% -2.04% 4.79% 1.81% 6.47% 0.17% 0.88% -0.00%
4.37 1.10 -7.23 -14.93 -16.28 -13.16 -29.22 1.12 -2.92
EPS in Rs 4.59 1.83 -7.06 -15.68 -17.10 -13.23 -28.04 1.07 -2.80
Dividend Payout % 40.30% 68.39% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: -77%
3 Years: -89%
TTM: -84%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 23%
TTM: 65%
Stock Price CAGR
10 Years: -3%
5 Years: 17%
3 Years: -20%
1 Year: -21%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Equity Capital 9.52 9.52 9.52 9.52 9.52 9.95 10.42 10.42 10.42
Reserves 32.61 32.75 25.81 10.66 -5.85 -18.99 -48.79 -48.11 -51.23
Preference Capital -0.00 -0.00 -0.00 5.00 5.00 8.47 9.10 -0.00 -0.00
8.41 45.92 55.83 39.35 49.42 39.46 25.93 26.63 28.68
19.02 14.99 25.24 29.03 30.64 48.24 43.27 23.83 21.74
Total Liabilities 69.56 103.18 116.40 88.56 83.73 78.66 30.83 12.77 9.61
15.68 16.60 49.30 46.20 42.17 34.78 5.88 5.27 4.11
CWIP 0.32 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00
Investments 1.05 0.05 0.29 0.37 0.38 0.38 0.08 0.02 0.07
52.51 86.53 66.81 41.99 41.18 43.50 24.87 7.48 5.43
Total Assets 69.56 103.18 116.40 88.56 83.73 78.66 30.83 12.77 9.61

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
7.79 -27.94 37.32 20.50 -5.20 4.82 -1.58 -3.65 -3.76
-4.17 -1.38 -37.87 -1.04 0.24 6.43 0.76 1.35 0.80
-3.45 30.05 0.95 -18.51 3.05 -12.82 -0.42 2.08 2.97
Net Cash Flow 0.17 0.73 0.40 0.95 -1.91 -1.57 -1.24 -0.22 0.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 37.42 45.21 50.89 45.52 76.32 133.11 306.83 498.25 1,861.50
Inventory Days 33.40 50.48 27.17 40.49 35.85 28.08 104.58 383.96 140.38
Days Payable 22.04 13.17 29.07 42.91 64.84 158.71 540.87 1,934.03 5,952.31
Cash Conversion Cycle 48.78 82.53 48.99 43.10 47.33 2.49 -129.45 -1,051.81 -3,950.42
Working Capital Days 50.78 89.93 44.45 7.32 4.03 -18.75 -324.44 -5,335.95 -28,652.50
ROCE % 7.86% -3.24% -9.54% -15.02% -16.33% -63.35%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.86% 55.85% 55.85% 52.80% 52.80% 52.80% 52.80% 52.80% 52.80% 52.80% 52.80% 52.80%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
44.12% 44.13% 44.13% 47.18% 47.18% 47.19% 47.19% 47.19% 47.18% 47.18% 47.18% 47.18%
No. of Shareholders 9,8559,9049,94855,12,02910,66410,82010,93210,77110,92710,84311,03711,143

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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