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Pavna Industries Overview

Pavna Industries Ltd, collectively with its subsidiaries, engages inside the manufacture and sale of automobile elements in India and across the world. The company's merchandise consist of ignition switches; gasoline tank caps; fuel cocks; casting components, which include snatch handle, step holder, cover rear, coupling with sprocket, snatch cope with, and grasp and brake lever with bracket; engine additives; switches; outer cope with, window regulator handle, the front rear flap latch, and back and iron door latch products; car electric produ...Read More

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Pavna Industries Key Financials

Market Cap ₹271 Cr.

Stock P/E 33.7

P/B 1.3

Current Price ₹19.4

Book Value ₹ 14.5

Face Value 1

52W High ₹49.4

Dividend Yield 0%

52W Low ₹ 13.2

Pavna Industries Share Price

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Volume
Price

Pavna Industries Quarterly Price

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Pavna Industries Peer Comparison

Pavna Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 76 80 81 79 84 79 66 60 74 108
Other Income 0 0 0 0 0 1 1 0 1 1
Total Income 76 80 82 79 84 80 67 61 75 109
Total Expenditure 67 72 72 70 73 73 59 55 67 99
Operating Profit 9 8 10 9 11 7 8 5 8 10
Interest 3 3 3 3 3 3 2 1 1 2
Depreciation 2 3 3 3 3 3 3 3 4 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 -3 0 0
Profit Before Tax 4 3 4 3 5 1 3 -2 3 4
Provision for Tax 1 1 1 1 1 0 1 -0 1 1
Profit After Tax 3 2 3 2 3 1 2 -2 2 3
Adjustments -0 -0 -0 0 -1 -0 -0 -0 -0 -0
Profit After Adjustments 3 2 3 2 3 1 2 -2 1 3
Adjusted Earnings Per Share 0.2 0.1 0.2 0.2 0.2 0.1 0.1 -0.2 0.1 0.2

Pavna Industries Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 180 219 316 362 317 308 308
Other Income 0 0 1 2 3 2 3
Total Income 180 220 317 364 320 310 312
Total Expenditure 161 200 286 329 282 275 280
Operating Profit 19 20 31 35 38 35 31
Interest 4 5 9 11 11 11 6
Depreciation 4 4 9 12 11 13 14
Exceptional Income / Expenses -1 0 0 0 0 0 -3
Profit Before Tax 9 11 13 12 16 11 8
Provision for Tax 3 3 4 3 4 3 3
Profit After Tax 6 7 9 9 12 8 5
Adjustments -2 -1 -1 -0 -1 -1 0
Profit After Adjustments 4 6 8 8 11 7 4
Adjusted Earnings Per Share 0.4 0.5 0.7 0.7 0.9 0.5 0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -3% -1% 11% 0%
Operating Profit CAGR -8% 4% 13% 0%
PAT CAGR -33% -4% 6% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -48% -13% 19% NA%
ROE Average 7% 13% 15% 16%
ROCE Average 10% 12% 14% 14%

Pavna Industries Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 27 48 54 62 73 200
Minority's Interest 8 9 12 12 12 12
Borrowings 21 22 45 47 14 7
Other Non-Current Liabilities 3 3 4 5 5 4
Total Current Liabilities 61 80 126 153 154 55
Total Liabilities 120 162 241 279 258 278
Fixed Assets 45 53 77 88 75 91
Other Non-Current Assets 8 12 11 13 12 16
Total Current Assets 67 98 153 178 171 172
Total Assets 120 162 241 279 258 278

Pavna Industries Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 0 0
Cash Flow from Operating Activities 0 -8 -21 18 5 6
Cash Flow from Investing Activities 0 -11 -31 -23 -18 -28
Cash Flow from Financing Activities 0 18 52 5 12 22
Net Cash Inflow / Outflow 0 -1 0 -0 -0 1
Closing Cash & Cash Equivalent 0 1 0 0 0 1

Pavna Industries Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.36 0.51 0.65 0.69 0.87 0.53
CEPS(Rs) 0.97 0.92 1.51 1.68 1.86 1.51
DPS(Rs) 0 0 0 0.1 0 0
Book NAV/Share(Rs) 2.58 3.93 4.46 5.06 5.99 12.14
Core EBITDA Margin(%) 10.32 9.03 9.41 9.15 10.94 10.83
EBIT Margin(%) 7.22 7.28 6.94 6.42 8.52 7.18
Pre Tax Margin(%) 5.09 4.83 4.02 3.34 4.96 3.62
PAT Margin (%) 3.16 3.29 2.9 2.38 3.79 2.61
Cash Profit Margin (%) 5.59 5.13 5.81 5.65 7.17 6.84
ROA(%) 4.72 5.1 4.54 3.32 4.48 3
ROE(%) 21.23 19.33 17.93 14.9 17.83 6.64
ROCE(%) 17.09 17.52 15.58 12.46 13.75 10.32
Receivable days 60.1 56.6 51.22 52.18 62.86 58.59
Inventory Days 56.66 61.76 79.89 99.84 117.58 125.68
Payable days 80.25 81.64 73.44 75.42 84.25 54.36
PER(x) 0 16.14 21.11 34.94 58.71 68.98
Price/Book(x) 0 2.1 3.09 4.74 8.49 3
Dividend Yield(%) 0 0 0 0.42 0 0
EV/Net Sales(x) 0.28 0.72 0.91 1.18 2.34 1.76
EV/Core EBITDA(x) 2.69 7.92 9.25 12.22 19.64 15.42
Net Sales Growth(%) 0 22.1 43.85 14.77 -12.52 -2.73
EBIT Growth(%) 0 23.1 37.15 6.28 16.09 -18.12
PAT Growth(%) 0 26.9 27.01 -5.66 39.01 -33
EPS Growth(%) 0 43.6 27.55 5.12 26.36 -39.07
Debt/Equity(x) 1.84 1.22 2.22 2.22 1.66 0.21
Current Ratio(x) 1.09 1.22 1.22 1.16 1.11 3.13
Quick Ratio(x) 0.64 0.64 0.49 0.47 0.48 1.05
Interest Cover(x) 3.4 2.97 2.38 2.08 2.39 2.02
Total Debt/Mcap(x) 0 0.58 0.72 0.47 0.2 0.07

Pavna Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 70.44 70.44 70.44 70.44 70.44 61.5 61.5 61.5 61.5 61.5
FII 0 0 0 0.03 0.13 6.18 6.38 6.07 5.72 5.07
DII 0 0 0 0 0 0 0 0 0 0
Public 29.56 29.56 29.56 29.53 29.43 32.33 32.13 32.44 32.78 33.44
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pavna Industries News

Pavna Industries Pros & Cons

Pros

  • Debtor days have improved from 84.25 to 54.36days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • The company has delivered a poor profit growth of 5% over past five years.
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