Pavna Industries Ltd Stock Analysis

BSE: 543915 | NSE: PAVNAIND | Engineering - Industrial Equipments | Small Cap

BSE Share Price 22-Sep-2023 18:02
422.90 -0.80 (-0.19%)

DeciZen - Make an Informed Decision on Pavna Industries

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Pavna Industries Price Chart

P/E Ratio ( SA) :
70.84
Market Cap :
516.1 Cr.
52-wk low :
265
52-wk high :
486
Bole Toh?

1. Is Pavna Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Pavna Industries Ltd is a below average quality company.

2. Is Pavna Industries Ltd undervalued or overvalued?

The key valuation ratios of Pavna Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Pavna Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Pavna Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Pavna Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pavna Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.8%13.9%11.2%12.2%14.1%19%15.6%10.4%9.7%9%-
Value Creation Index -0.20.0-0.2-0.100.40.1-0.3-0.3-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 59.165.871.483.4107138136171250263263
YoY Gr. Rt. %-11.4%8.5%16.8%27.9%29.3%-1.2%25.7%45.7%5.5%-
Adj EPS 1.31.91.92.33.25.964.24.95.96
YoY Gr. Rt. %-49.2%0%23.4%38.4%82.9%1.7%-29.7%16.7%20.2%-
BVPS (₹) 7.68.610.512.515.821.624.537.441.947.149.4
Adj Net Profit 1.3222.43.36.16.25.167.27
Cash Flow from Ops. 0000005-7.1-11.914.2-
Debt/CF from Ops. 0000008.2-6.4-6.36.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.1%19.8%24.6%5.5%
Adj EPS 18.7%12.9%-0.5%20.2%
BVPS22.4%24.5%24.3%12.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 18.123.319.820.222.731.525.914.412.313.212.4
Op. Profit Mgn % 788.38.78.38.912.198.49.18.8
Net Profit Mgn % 2.232.72.93.14.44.632.42.72.8
Debt to Equity 1.61.51.81.51.10.91.611.51.5-
Working Cap Days 737169696965961191311640
Cash Conv. Cycle 333736353618274461840

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 24.56%

Return on Equity has declined versus last 3 years average to 12.40%

Net Profit has been subdued in last 3 years -0.45%

Debt to equity has increased versus last 3 years average to 1.54

Sales growth is not so good in last 4 quarters at 0.87%

Latest Financials - Pavna Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 6 6.9
TTM Sales (₹ Cr.) 263 362
BVPS (₹.) 49.4 54
Reserves (₹ Cr.) 48 54
P/BV 8.58 7.87
PE 70.84 61.94
From the Market
52 Week Low / High (₹) 265.00 / 486.00
All Time Low / High (₹) 265.00 / 486.00
Market Cap (₹ Cr.) 516
Equity (₹ Cr.) 12.2
Face Value (₹) 10
Industry PE 41.3

Management X-Ray of Pavna Industries :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Pavna Industries

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Pavna Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pavna Industries on 22-Sep-2023 18:02 is : 422.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2023 18:02 the market cap of Pavna Industries stood at ₹ 516.1.
The latest PE ratio of Pavna Industries as of 22-Sep-2023 18:02 is 70.84.
The latest PB ratio of Pavna Industries as of 22-Sep-2023 18:02 is 8.58
The 52-week high of Pavna Industries is ₹ 486.0 and the 52-week low is ₹ 265.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Pavna Industries is ₹ 263.2 ( Cr.) .

About Pavna Industries Ltd

Pavna Industries along with its subsidiaries is engaged in the business of manufacturing of automotive parts, providing solutions for automobile applications and serving automobile & other applications worldwide. Its focus is manufacturing quality & customer-oriented components, catering to Original Equipment Manufacturers (OEM) & providing automotive after-market solutions. The company has a varied client base and it is committed to continuing to diversify its product offerings, customer base and geographical footprint, thereby minimizing its exposure to individual geographies and industry sectors.

The company has ultra-modern manufacturing plants in India, located in Aligarh (Uttar Pradesh), Aurangabad (Maharashtra), & Pantnagar (Uttarakhand). Its facilities are located in key auto-clusters and some of the facilities are in close proximity to the plants of its OEM customers. The proximity of its facilities to the plants of its OEM customers also facilitates greater interaction with its customers, thereby enabling it to respond to their requirements in a timely manner.

Business area of the company:

The company is engaged in manufacturing of wide range of automotive components for reputed Original Equipment Manufacturers (OEMs) as per their requirements primarily catering to various vehicle segments, including, passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles and off-road vehicles. The company has a varied client base and it is committed to continuing to diversify. The company along with its subsidiaries has a diversified product portfolio, which consists of high-quality reliable parts such as Ignition Switches, Fuel Tank Caps, Latches, Auto Locks, Handles, Switches, Oil Pump, Carburetor, Throttle Body, Fuel Cocks, Injection System, Casting Components etc. It also provides aftermarket sales and services. Its aftermarket products include products manufactured by it such as filters, clutch plates, bearings, wiper blades and brake shoes.

Major events in the history of company:

  • 1994: Incorporated as ‘Pavna Locks Private Limited’.
  • 2000: Unit 3 was established by the Company.
  • 2000: Entered into Business Agreements with Zadi Italy.
  • 2000: The company was converted from Private Company to Public Company and consequently the name was changed to ‘Pavna Locks Limited’.
  • 2000: The company was changed to ‘Pavna Zadi Security Systems Limited’.
  • 2005: Unit 7 was established by the Company.
  • 2010: Unit 5 was established by the Company.
  • 2010: Rescinded the Business Agreements with Zadi Italy.
  • 2014: Turnover of the company crossed Rs 50 crore mark.
  • 2015: A major fire broke out in a part of the company‘s premises at Vimlanchal, Hari Nagar, Aligarh.
  • 2018: Turnover of the company crossed Rs 100 crore mark.
  • 2019: Unit 4 was established by the Company.
  • 2019: Unit 8 was established by the Company.
  • 2019: Awarded with a Trophy - Quality Award -’Gold’ by Bajaj Auto Limited.
  • 2019: Incorporated Subsidiary Company namely ‘Pavna Marketing Private Limited’.
  • 2020: Acquired Subsidiary Company namely ‘Pavna Sunworld Autotech Private Limited’.
  • 2020: Acquired Subsidiary Company namely ‘Swapnil Switches Private Limited’.
  • 2020: Acquired Subsidiary Company namely ‘Pavna Auto Engineering Private Limited’.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now