Pavna Industries Limited

About

Pavna Industries Limited, together with its subsidiaries, manufactures and sells automotive components in India and internationally. The company's automotive components include ignition switches, fuel tank caps, latches, auto locks, handles, bar switches, oil and water pumps, carburetors, chain tensioners, throttle bodies, fuel cocks and pumps, injection systems, engine and casting components, etc.; and aftermarket products comprising filters, clutch plates, bearings, wiper blades, and brake shoes. It also offers steering cum ignition lock assembly, handle bar switch, lever assembly, side stand sensor, regulator rectifier unit, LCM light control, magnet holder, termination unit, and wire harness products; headlights, mirrors, control cable, blinkers, and air filters; and accessories, such as wheel, helmet, disc brake, and cable locks, as well as horns and foot rests. In addition, the company provides aftermarket sales and services. It offers its components for passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, off-road vehicles, and electric vehicles. Pavna Industries Limited was formerly known as Pavna Zadi Security Systems Limited and changed its name to Pavna Industries Limited in May 2019. Pavna Industries Limited was incorporated in 1971 and is based in Aligarh, India.

Key Metrics

as of Sep 2026

Market Cap240 Cr

P/E31.70

Div Yield0.00 %

Book Value₹14.60

52w High₹43.80

52w Low₹13.20

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	87.54	78.33	75.72	71.72	58.10	65.33	75.99	79.52	76.95	73.64	71.72	68.39	69.00
Expenses	80.94	72.13	70.74	65.13	53.22	59.02	69.86	69.56	69.10	65.86	65.91	61.61	60.94
Operating Profit	6.60	6.20	4.98	6.59	4.88	6.31	6.13	9.96	7.85	7.78	5.81	6.78	8.06
OPM %	7.54	7.92	6.58	9.19	8.40	9.66	8.07	12.53	10.20	10.56	8.10	9.91	11.68
Other Income	0.43	0.71	1.00	0.78	-2.39	0.78	0.64	0.02	0.05	0.04	0.05	0.17	0.08
Depreciation	3.61	3.19	3.11	3.09	2.97	2.98	3.03	2.93	2.57	2.52	2.26	2.04	2.16
Interest	2.03	1.74	1.60	1.24	0.82	2.01	2.59	2.41	2.35	2.48	2.38	2.32	2.13
Profit before tax	1.39	1.98	1.27	3.04	-1.30	2.10	1.15	4.64	2.98	2.82	1.22	2.59	3.85
Tax %	35.97	17.68	25.98	32.24	-9.23	31.43	13.91	27.16	24.16	26.24	22.95	25.87	26.23
Net Profit	0.89	1.63	0.94	2.07	-1.18	1.44	0.98	3.38	2.26	2.08	0.94	1.92	2.84
EPS in Rs	0.06	0.12	0.07	0.15	-0.08	0.10	0.08	0.28	0.19	0.17	0.08	0.16	0.23

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	284.00	298.00	283.00	263.00	250.00	171.00	136.00	138.00	107.00	83.00	71.00	66.00
Expenses	261.00	267.00	254.00	239.00	229.00	156.00	121.00	126.00	98.00	76.00	65.00	61.00
Operating Profit	23.00	31.00	29.00	24.00	21.00	15.00	15.00	12.00	9.00	7.00	6.00	5.00
OPM %	8.00	10.00	10.00	9.00	8.00	9.00	11.00	9.00	8.00	9.00	8.00	8.00
Other Income	0.00	2.00	0.00	0.00	1.00	0.00	-1.00	0.00	0.00	0.00	0.00	0.00
Interest	6.00	10.00	10.00	7.00	7.00	4.00	3.00	2.00	2.00	2.00	1.00	1.00
Depreciation	12.00	12.00	9.00	7.00	6.00	4.00	4.00	3.00	2.00	2.00	2.00	2.00
Profit before tax	5.00	11.00	10.00	10.00	9.00	8.00	6.00	8.00	5.00	3.00	3.00	3.00
Tax %	31.00	26.00	26.00	27.00	28.00	32.00	34.00	26.00	34.00	38.00	34.00	19.00
Net Profit	3.00	8.00	8.00	7.00	6.00	5.00	4.00	6.00	3.00	2.00	2.00	2.00
EPS in Rs	0.25	0.58	0.64	0.60	0.52	0.44	0.78	11.27	6.23	4.17	3.79	3.90
Dividend Payout %	0.00	0.00	0.00	17.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	14.00	14.00	12.00	12.00	6.00	6.00	3.00	3.00	3.00	3.00	3.00	3.00
Reserves	182.00	179.00	53.00	45.00	45.00	40.00	23.00	19.00	13.00	10.00	8.00	6.00
Borrowings	101.00	30.00	111.00	88.00	75.00	45.00	41.00	19.00	18.00	19.00	20.00	14.00
Other Liabilities	35.00	27.00	43.00	51.00	42.00	34.00	28.00	23.00	12.00	9.00	7.00	5.00
Total Liabilities	333.00	249.00	219.00	197.00	168.00	125.00	94.00	64.00	46.00	41.00	37.00	28.00
Fixed Assets	121.00	83.00	67.00	57.00	46.00	46.00	44.00	23.00	14.00	14.00	12.00	11.00
CWIP	4.00	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	10.00	10.00	10.00	12.00	12.00	10.00	8.00	11.00	11.00	7.00	7.00	0.00
Other Assets	198.00	157.00	143.00	127.00	110.00	69.00	43.00	29.00	21.00	21.00	18.00	17.00
Total Assets	333.00	249.00	219.00	197.00	168.00	125.00	94.00	64.00	46.00	41.00	37.00	28.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Cash from Operating Activity	-13.00	-1.00	0.00	14.00	-12.00	-7.00	5.00	12.00	9.00
Cash from Investing Activity	-51.00	-27.00	-13.00	-19.00	-11.00	-8.00	-23.00	-12.00	-7.00
Cash from Financing Activity	64.00	29.00	13.00	5.00	22.00	15.00	17.00	0.00	-2.00
Net Cash Flow	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Free Cash Flow	-43.00	-28.00	-18.00	-4.00	-18.00	-13.00	-21.00	1.00	7.00
CFO/OP %	-45.00	6.00	10.00	69.00	-47.00	-35.00	46.00	122.00	121.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	72.00	65.00	68.00	61.00	60.00	60.00	52.00	50.00	52.00	79.00	54.00	40.00
Inventory Days	170.00	150.00	134.00	135.00	119.00	94.00	81.00	20.00	9.00	10.00	30.00	53.00
Days Payable	50.00	36.00	66.00	88.00	76.00	95.00	84.00	68.00	46.00	48.00	42.00	36.00
Cash Conversion Cycle	192.00	179.00	137.00	108.00	103.00	59.00	49.00	1.00	16.00	40.00	43.00	56.00
Working Capital Days	68.00	125.00	3.00	13.00	12.00	13.00	-13.00	-29.00	-18.00	50.00	46.00	51.00
ROCE %	5.00	10.00	12.00	13.00	14.00	15.00	20.00	26.00	21.00	18.00	17.00	18.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	61.50	61.50	61.50	61.50	61.50	61.50	70.45	70.45	70.45	70.45	70.45	70.45
FIIs	4.80	5.06	5.73	6.06	6.38	6.18	0.13	0.03	0.00	0.00	0.00	0.00
Public	33.70	33.43	32.79	32.44	32.13	32.32	29.43	29.52	29.56	29.55	29.55	29.55
No. of Shareholders	12,021	12,188	10,622	10,440	5,238	5,407	5,357	4,802	4,210	3,079	2,082	1,225

Corporate Actions

2 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Split	01 Sep 2025	01 Sep 2025	10:1	—
Other	22 Sep 2023	—	—	—	Annual General Meeting

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Aug
28 Aug 2026
AGM Scheduled On 21St September 2026
27 Aug 2026 27 Aug - AGM on 21 Sep 2026 to approve disinvestment of SSPL and PAEPL subsidiaries and related party transactions.
Reg. 34 (1) Annual Report. 27 Aug
27 Aug 2026
Announcement under Regulation 30 (LODR)-Acquisition
24 Aug 2026 24 Aug - Board approved AGM on 21 Sep 2026, acquired 52.38% in Pavna Electric, divested two subsidiaries.
Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
24 Aug 2026 24 Aug - Board approved 52.38% acquisition in Pavna Electric Systems and sale of two subsidiaries; AGM on Sept 21, 2026.