PAE Ltd

PAE Ltd

₹ 4.48 -4.88%
18 Jun - 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 4.67 Cr.
  • Current Price 4.48
  • High / Low 6.25 / 4.48
  • Stock P/E
  • Book Value -26.9
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Contingent liabilities of Rs.20.8 Cr.
  • 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.21 0.51 0.19 0.17 0.15 0.22 0.19 0.17 0.13 0.26 0.11 0.12 0.16
Operating Profit -0.20 -0.51 -0.19 -0.17 -0.15 -0.22 -0.19 -0.17 -0.13 -0.26 -0.11 -0.12 -0.16
OPM % -2,000.00%
0.03 0.01 8.07 0.08 0.00 5.51 8.07 6.35 0.52 0.43 0.01 0.00 0.02
Interest 0.21 5.11 0.36 0.35 0.36 -0.32 0.36 -0.03 0.06 0.04 0.05 0.22 0.02
Depreciation 0.02 0.02 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.40 -5.63 7.51 -0.44 -0.51 5.61 7.51 6.21 0.33 0.13 -0.15 -0.34 -0.16
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.40 -5.63 7.51 -0.44 -0.51 5.60 7.51 6.21 0.33 0.13 -0.15 -0.34 -0.16
EPS in Rs -0.38 -5.40 7.21 -0.42 -0.49 5.37 7.21 5.96 0.32 0.12 -0.14 -0.33 -0.15
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
243.35 135.07 85.93 75.04 13.00 0.47 0.09 0.05 0.33 0.01 0.00 0.00 0.00
244.96 140.29 94.94 83.54 22.47 5.96 2.89 4.94 3.11 1.20 0.72 0.76 0.65
Operating Profit -1.61 -5.22 -9.01 -8.50 -9.47 -5.49 -2.80 -4.89 -2.78 -1.19 -0.72 -0.76 -0.65
OPM % -0.66% -3.86% -10.49% -11.33% -72.85% -1,168.09% -3,111.11% -9,780.00% -842.42% -11,900.00%
1.77 3.30 1.19 2.49 -25.34 1.47 1.89 9.00 3.49 1.51 13.65 7.31 0.46
Interest 5.08 6.91 5.11 4.33 2.19 0.95 0.47 0.61 1.66 5.71 0.75 0.12 0.33
Depreciation 0.90 0.69 0.55 0.73 0.42 0.24 0.14 0.10 0.08 0.07 0.01 0.00 0.00
Profit before tax -5.82 -9.52 -13.48 -11.07 -37.42 -5.21 -1.52 3.40 -1.03 -5.46 12.17 6.43 -0.52
Tax % 2.58% 0.74% 0.00% 8.04% 0.00% 0.00% 0.00% 1.18% 0.00% 0.00% 0.08% 0.00%
-5.67 -9.45 -13.48 -10.19 -37.43 -5.22 -1.52 3.36 -1.03 -5.45 12.16 6.43 -0.52
EPS in Rs -5.96 -9.93 -14.16 -10.24 -35.92 -5.01 -1.46 3.22 -0.99 -5.23 11.67 6.17 -0.50
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: 28%
TTM: -238%
Stock Price CAGR
10 Years: -7%
5 Years: 13%
3 Years: -19%
1 Year: -16%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 9.52 9.52 9.52 9.95 10.42 10.42 10.42 10.42 10.42 10.42 10.42 10.42 10.42
Reserves 28.01 18.33 4.64 -5.53 -43.54 -49.35 -51.22 -47.75 -48.95 -54.39 -42.21 -38.01 -38.49
Preference Capital 0.00 5.00 5.00 8.47 9.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
43.45 30.86 33.59 21.20 23.77 26.63 28.88 23.27 23.85 28.70 10.25 10.67 12.04
10.88 26.72 27.79 46.61 36.94 23.70 21.96 20.31 18.85 18.99 24.69 17.81 16.85
Total Liabilities 91.86 85.43 75.54 72.23 27.59 11.40 10.04 6.25 4.17 3.72 3.15 0.89 0.82
9.79 8.92 8.31 6.11 5.40 4.67 4.09 3.25 0.67 0.58 0.03 0.01 0.01
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 15.42 20.02 20.02 20.02 0.70 0.46 0.12 0.03 0.00 0.00 0.00 0.00 0.00
66.65 56.49 47.21 46.10 21.49 6.27 5.83 2.97 3.50 3.14 3.12 0.88 0.81
Total Assets 91.86 85.43 75.54 72.23 27.59 11.40 10.04 6.25 4.17 3.72 3.15 0.89 0.82

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
18.86 18.58 -0.31 4.62 -0.80 -3.31 -4.14 1.81 -0.95 -0.35 -1.34 -6.74
-10.62 -4.04 1.68 6.49 0.22 1.07 1.18 4.16 0.19 0.08 14.92 6.43
-8.59 -14.38 -2.14 -12.70 -0.02 2.08 2.97 -6.00 0.77 0.21 -13.59 0.31
Net Cash Flow -0.35 0.16 -0.77 -1.59 -0.60 -0.16 0.01 -0.02 0.00 -0.06 0.00 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 39.48 48.75 78.28 139.84 361.07 722.23 4,380.00 3,431.00 0.00 0.00
Inventory Days 24.87 35.89 31.24 22.34 83.39 118.51 112.31 28.08
Days Payable 7.19 42.66 65.51 160.78 612.49 1,900.84 5,811.92 10,416.54
Cash Conversion Cycle 57.16 41.99 44.01 1.41 -168.03 -1,060.10 -1,319.62 -6,957.46 0.00 0.00
Working Capital Days 74.69 64.18 72.46 16.83 -286.10 -7,897.98 -30,497.78 -60,225.00 -9,611.67 -310,250.00
ROCE % -0.86% -3.59% -14.34% -18.13% -56.50%

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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