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
- 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.
* 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
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: | 5% |
| 5 Years: | 17% |
| 3 Years: | 48% |
| 1 Year: | 314% |
| 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 |
| 8.41 | 45.92 | 55.83 | 44.35 | 54.42 | 47.93 | 35.03 | 26.63 | 28.68 | |
| 19.02 | 14.99 | 25.24 | 24.03 | 25.64 | 39.77 | 34.17 | 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 |
| Free Cash Flow | 4.44 | -30.39 | 2.86 | 19.29 | -5.34 | 10.91 | -1.36 | -2.58 | -2.94 |
| CFO/OP | 169% | -406% | -1,103% | -520% | 77% | -69% | 16% | 90% | 135% |
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 | 41.27 | -13.54 | -42.08 | -92.56 | -126.37 | -869.97 | -19,959.13 | -133,334.50 |
| ROCE % | 7.86% | -3.24% | -9.54% | -15.02% | -16.33% | -63.35% |
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 ・Standalone data |
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| Number of Sales Offices and Warehouses (Branches) Number ・Standalone data |
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Documents
Announcements
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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
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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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.