PAE Ltd - Stock Valuation and Financial Performance

BSE: 517230 | NSE: PAEL | Trading | Small Cap

PAE Share Price

4.66 0.00 0.00%
as on 18-Nov'24 16:59

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PAE stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
4.9 Cr.
52-wk low:
4.1
52-wk high:
6.3

Is PAE Ltd an attractive stock to invest in?

1. Is PAE Ltd a good quality company?

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

2. Is PAE Ltd undervalued or overvalued?

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

3. Is PAE Ltd a good buy now?

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

10 Year X-Ray of PAE:

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.
PAE 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 % -15.7%-17.2%-263.8%0%0%0%0%0%0%0%-
Value Creation
Index
-2.1-2.2NANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 86.675.213.20.50.10.10.30000
Sales YoY Gr.--13.1%-82.5%-96.4%-80.9%-44.4%560%-97%-100%NA-
Adj EPS -14.1-11.7-18.7-5.3-1.8-2.5-1-6.26.21.9-0.5
YoY Gr.-NANANANANANANANA-69.1%-
BVPS (₹) 9.80.4-35.1-40.4-42-38.1-39.1-44.4-32.7-26.5-27.1
Adj Net
Profit
-13.5-11.6-19.5-5.5-1.8-2.7-1-6.56.52-1
Cash Flow from Ops. -0.34.6-0.8-3.3-4.11.8-1-0.4-1.3-6.7-
Debt/CF from Ops. -1074.6-29.8-8.1-712.8-25-82.3-7.7-1.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANA-69.1%
BVPS-211.7%NANANA
Share Price -7.6% 8.2% -12.7% -16.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-51.7-72.6349.617.44.66.82.715.7-17.1-6.71.9
Op. Profit
Mgn %
-10.4-11.3-71.9-1161.4-3144.1-10094.2-835.7-9560.80-374750NAN
Net Profit
Mgn %
-15.5-15.5-147.9-1156.8-2044.4-5470.8-304.9-51733.40998220-INF
Debt to
Equity
2.42.4-0.9-0.6-0.7-0.6-0.6-0.6-0.3-0.4-
Working Cap
Days
20121491410,40623,74931,9412,17260,210034,85,2030
Cash Conv.
Cycle
49291294,2233,2395,196-863-1,688000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.90%

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - PAE Ltd.

Standalone Consolidated
TTM EPS (₹) -0.5 -2.8
TTM Sales (₹ Cr.) 0 0.1
BVPS (₹.) -27.1 0
Reserves (₹ Cr.) -39 -54
P/BV -0.17 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.11 / 6.25
All Time Low / High (₹) 1.20 / 140.00
Market Cap (₹ Cr.) 4.9
Equity (₹ Cr.) 10.4
Face Value (₹) 10
Industry PE 58.5

Management X-Ray of PAE:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of PAE

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales86.5575.2313.150.470.090.050.330.0100
Operating Expenses 95.5783.7322.616.032.894.933.111.210.720.75
Manufacturing Costs0.3910.680.320.110.050.070.070.080.08
Material Costs78.1770.9012.301.540.390.120.01000
Employee Cost 7.426.5352.430.901.370.950.380.280.22
Other Costs 9.595.304.631.731.503.392.070.750.360.46
Operating Profit -9.02-8.50-9.47-5.55-2.81-4.89-2.78-1.20-0.72-0.75
Operating Profit Margin (%) -10.4%-11.3%-72.0%-1,172.5%-3,144.6%-10,095.2%-835.0%-9,560.8%--3,74,750.0%
Other Income 1.211.360.431.531.460.423.530.070.630.97
Interest 5.114.332.190.950.470.611.665.710.750.12
Depreciation 0.550.730.420.240.140.100.080.070.010
Exceptional Items 01.13-25.7700.438.58-0.041.4513.026.34
Profit Before Tax -13.47-11.07-37.43-5.22-1.523.40-1.03-5.4512.176.43
Tax 0-0.890000.04000.010
Profit After Tax -13.47-10.19-37.43-5.22-1.523.36-1.03-5.4512.166.43
PAT Margin (%) -15.6%-13.5%-284.0%-1,101.6%-1,706.1%6,934.5%-308.0%-43,616.8%-32,16,450.0%
Adjusted EPS (₹)-14.2-10.2-35.9-5.0-1.53.2-1.0-5.211.76.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 19.1612.49-24.02-38.93-40.80-37.33-38.53-43.97-31.79-27.59
Share Capital 14.5218.4219.5210.4210.4210.4210.4210.4210.4210.42
Reserves 4.64-5.93-43.54-49.35-51.22-47.75-48.95-54.39-42.21-38.01
Minority Interest0000000000
Debt30.9119.8122.0325.2428.8923.2823.8528.7010.2510.67
Long Term Debt7.881.7600006.506.501.231.23
Short Term Debt23.0318.0522.0325.2428.8923.2817.3522.209.029.44
Trade Payables16.2931.2320.648.026.213.713.181.7000
Others Liabilities 9.188.718.9417.0815.7416.5915.6617.2824.6917.82
Total Liabilities 75.5472.2327.6011.4110.046.254.173.713.150.89

Fixed Assets

Gross Block16.3314.6613.5711.9811.3710.106.770.580.740.43
Accumulated Depreciation8.018.568.177.317.286.853.8000.720.42
Net Fixed Assets8.316.115.404.674.093.252.980.580.030.01
CWIP 0000000000
Investments 20.0220.020.700.460.120.030000
Inventories6.694.342.810.500.120.010000
Trade Receivables18.4328.7512.860.931.080.470000
Cash Equivalents 3.751.250.500.270.220.110.110.090.100.08
Others Assets18.3411.785.334.584.402.381.093.043.020.80
Total Assets 75.5472.2327.6011.4110.046.254.173.713.150.89

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.314.62-0.80-3.31-4.141.81-0.95-0.35-1.34-6.74
PBT -13.47-11.07-37.43-5.22-1.523.40-1.03-5.4512.176.43
Adjustment 5.222.0728.160.28-0.45-5.24-0.574.27-12.86-7.18
Changes in Working Capital 8.1512.778.50.36-2.243.680.660.81-0.68-5.94
Tax Paid -0.220.85-0.031.260.07-0.02-0.020.020.04-0.06
Cash Flow From Investing Activity 1.686.490.221.071.184.160.190.0814.926.43
Capex -0.194.100.210.740.824.070.010.010.026.42
Net Investments 0000.130.340.09008.540
Others 1.882.400.020.200.0200.180.066.360.01
Cash Flow From Financing Activity -2.14-12.70-0.022.082.97-60.770.21-13.590.31
Net Proceeds from Shares 00.830.070000000
Net Proceeds from Borrowing -2.31-7.41-1.410000000
Interest Paid -4.87-4.61-3.28-1.14-0.47-0.61-0.76-0.03-0.04-0.11
Dividend Paid 0-0.04-0.05-0.04-0.06-0.050000
Others 5.04-1.464.663.263.50-5.341.530.24-13.540.42
Net Cash Flow -0.78-1.59-0.60-0.160.01-0.020-0.0600
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-83.96-210.49N/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)-15.69-17.22N/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.081.020.260.020.010.010.06000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A0.54N/AN/A-0.11-1.05
Working Capital Days
Receivable Days771145785,3134,1095,8690000
Inventory Days3927991,2751,2664960000
Payable Days711227693,3966,70000000

PAE Ltd Stock News

PAE Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of PAE on 18-Nov-2024 16:59 is ₹4.66.
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 18-Nov-2024 16:59 the market cap of PAE stood at ₹4.86.
The latest P/E ratio of PAE as of 18-Nov-2024 16:59 is 0.00.
The latest P/B ratio of PAE as of 18-Nov-2024 16:59 is -0.17.
The 52-week high of PAE is ₹6.25 and the 52-week low is ₹4.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PAE is ₹0.00 ( Cr.) .

About PAE Ltd

In 1950, PAE (known as Premier Auto Electric) made a small beginning with a sales office in Mumbai for auto electrical components. Over a short period of time, it developed in to a full-fledged service station for auto electrical equipment, and then as a distributor and service agent for world leaders such as General Electric, Carter, Prestolite, Autolite, and Magneti Marelli in the metro cities of India.

In the year 1990, PAE became a public-listed company on the Bombay Stock Exchange and raised additional capital in 1997 via a rights issue.

In the year 2003, the company entered into non-automotive businesses such as industrial batteries and power solutions and changed its name to PAE.

Recently, PAE announces results for 3rd quarter ending December 31, 2009. Income from operations reported at Rs 4748 lakh vs Rs 6303 lakh and PBT of Rs147 lakh vs Rs 252 lakh as compared to the corresponding quarter previous year.

Business area of the company

  • PAE is a marketing and distribution company in Lead Storage Batteries, Power Backup Systems, Automotive parts and Solar Photovoltaic Products. It has a nationwide network of about 30 sales offices and warehouses and a salesforce of over 150 people that sell thousands of products to about 10,000 customers across India.
  • In the Lead Storage Battery segment, PAE markets several brands of automotive and non-automotive batteries. These batteries are sold to end-users, OE customers and to battery dealers and power solution providers across India. PAE is currently the largest distributor of batteries in India. PAE also provides battery charging service to its customers. The range of batteries includes automotive, motorcycle, sealed-maintenance-free, traction, and valve-regulated lead acid batteries.
  • In the Power Backup Systems segment, PAE markets almost a dozen brands of UPS, inverters, ELOS (Emergency Lift Operating Systems), and EPS (Emergency Power Systems). In addition to marketing, PAE also provides installation and after sales service to its customers. Certain power backup products are sold through channel partners across India, and the larger systems are sold, installed and serviced by PAE's own staff. PAE is the only company in India that is marketing, installing and servicing ELOS systems on a nationwide basis.
  • PAE has been in the automotive parts business for over 50 years. PAE sells about two dozen different brands of automotive parts to aftermarket parts dealers and retail stores across India that in-turn supply them to the end-users. PAE also provide warranty service to its customers.This business consists of parts for various new generation passenger cars, light commercial vehicles, heavy commercial vehicles and 2-wheelers.
  • PAE recently entered the solar photovoltaic business by acquiring 51% in a CIGS thin film panel manufacturing company, Shurjo Energy Pvt. Ltd. PAE has nationwide distribution rights of solar panels made using this new technology that offers tremendous potential for low-cost high-efficiency panels to be marketed widely across India. In addition to these panels, PAE is also developing products for a variety of applications that will be sold through its nationwide network of dealers. With a network of sales and service people in UPS, inverters and industrial batteries, PAE's solar panels and related products is a logical new business segment that has a promising future.

Subsidiaries

Shurjo Energy

Achievements

  • Largest distributor of lead storage batteries in India 
  • Total power backup solution provider
  • Strategically located nationwide network of branches 
  • More than 10,000 customers 
  • A public-listed company, with a culture of transparency and integrity in the industry
  • PAE has been given Super Rank of 410 by Business Standard in their March edition of Top BS1000 listed companies
  • PAE enters Solar Energy with an investment for 51% stake in Solar Panel manufacturing company, Shrujo Energy
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