Pavna Industries Ltd

Pavna Industries Ltd

₹ 536 -0.44%
19 Apr - close price
About

Pavna Industries Ltd is a full-service die caster in Zinc, Aluminum. The Co. is engaged in the business of manufacturing automotive parts, providing solutions for automobile applications, and serving automobile & other applications worldwide for Original Equipment Manufacturers (OEM) & providing automotive aftermarket solutions. It has manufacturing plants in Aligarh, Aurangabad, Pantnagar & Pune. It was listed on NSE on 9th March 2021.[1][2][3]

Key Points

About us
The company is a leading manufacturer of Automotive Components for two & three wheeler industry, having a diversified product portfolio which consists of Switches, Fuel Tank Caps, Latches, Auto Locks, Handles, Bar Switches, Oil Pump, Chain Tensioners,
Carburettor, Throttle Body, Fuel Cocks, Injection System, Casting Components, etc.[1]

  • Market Cap 653 Cr.
  • Current Price 536
  • High / Low 641 / 265
  • Stock P/E 51.6
  • Book Value 55.7
  • Dividend Yield 0.19 %
  • ROCE 11.2 %
  • ROE 13.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 9.62 times its book value

* 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

Mar 2021 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
151.38 84.57 104.20 89.34 84.12 79.41 76.16 79.86
137.45 79.73 97.11 81.49 71.04 71.07 67.48 71.94
Operating Profit 13.93 4.84 7.09 7.85 13.08 8.34 8.68 7.92
OPM % 9.20% 5.72% 6.80% 8.79% 15.55% 10.50% 11.40% 9.92%
0.08 0.55 0.32 0.12 0.95 2.45 0.23 0.11
Interest 2.87 2.30 2.61 2.77 3.19 2.71 2.73 2.72
Depreciation 2.34 2.81 2.89 2.76 3.36 2.86 2.35 2.60
Profit before tax 8.80 0.28 1.91 2.44 7.48 5.22 3.83 2.71
Tax % 27.50% 242.86% 24.08% 36.89% 19.25% 21.46% 27.94% 18.82%
6.38 -0.40 1.45 1.54 6.05 4.10 2.75 2.20
EPS in Rs 5.23 0.06 0.80 2.07 3.93 2.87 2.15 1.43
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
180 218 312 359 320
161 199 282 326 282
Operating Profit 19 20 30 33 38
OPM % 10% 9% 10% 9% 12%
-1 0 1 2 4
Interest 4 5 9 11 11
Depreciation 4 4 9 12 11
Profit before tax 9 11 13 12 19
Tax % 38% 32% 28% 29%
6 7 9 9 15
EPS in Rs 7.12 5.11 6.52 6.86 10.38
Dividend Payout % 0% 0% 0% 15%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 4%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 87%
1 Year: 100%
Return on Equity
10 Years: %
5 Years: %
3 Years: 15%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 6 6 12 12
Reserves 24 42 48 49 56
49 59 123 139 113
44 56 64 78 61
Total Liabilities 120 162 241 279 242
45 53 77 88 69
CWIP 0 0 0 1 0
Investments 0 0 0 0 8
75 110 164 190 166
Total Assets 120 162 241 279 242

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-5 -8 -21 18
-23 -11 -31 -23
28 18 52 5
Net Cash Flow -1 -1 0 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 60 64 59 54
Inventory Days 96 122 168 168
Days Payable 80 102 75 85
Cash Conversion Cycle 76 84 151 137
Working Capital Days 60 90 120 117
ROCE % 16% 14% 11%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.45% 70.45% 70.45% 70.44% 70.44% 70.45% 70.45% 70.45% 70.45%
29.56% 29.56% 29.56% 29.56% 29.56% 29.56% 29.55% 29.55% 29.55%
No. of Shareholders 5232962572302173581,2252,0823,079

Documents