Pavna Industries Ltd
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]
- Market Cap ₹ 653 Cr.
- Current Price ₹ 539
- 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 9.68 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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: | 91% |
| 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% |
Documents
Announcements
- Board Meeting Intimation for To Consider A Proposal For Obtaining An Enabling Resolution From The Shareholders For Fund Raising By The Company. 1d
- Compliance Regulation 40(10) 2d
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
- Regulation 7(3) Share Transfer Agent 11 Apr
About us
The company is a leading manufacturer of Automotive Components for the two & three wheeler industry, having a diversified product portfolio that 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]