FIIs bought 8,61,614 shares: Auto Locks & Parts Manufacturer Reports Revenue of Rs 308.24 Crore and Net Profit of Rs 8.04 Crore in FY25
The stock is up by 52 per cent from its 52-week low of Rs 295.20 per share.
On Tuesday, one of the Top Gainers on BSE, shares of Pavna Industries Ltd jumped 11.7 per cent to an intraday high of Rs 447 per share from its previous closing of Rs 402 per share. The stock’s 52-week high is Rs 759.55 per share and its 52-week low is Rs 295.20 per share.
Pavna Industries Ltd, established in 1994, is a key player in the automotive component manufacturing sector. As part of the Pavna Group, the company specialises in producing a diverse range of products for Original Equipment Manufacturers (OEMs). Their extensive portfolio caters to various vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, and commercial vehicles, encompassing both light and heavy-duty applications. Their product offerings span from essential locking mechanisms like steering cum ignition switches and fuel tank caps, to intricate engine components such as throttle bodies and carburetors, highlighting their comprehensive manufacturing capabilities.
The company's product profile is broad, featuring a wide array of automotive parts and accessories. This includes electrical products like ignition and handlebar switches, casting components such as magneto covers and grab handles, and various accessories like wheel and helmet locks. Pavna Industries also manufactures fuel cocks and pumps, handles and latches, and other essential automotive components.
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According to Quarterly Results, the company reported net sales of Rs 66.23 crore and net profit of Rs 1.82 crore in Q4FY25 while in its annual results, the company reported net sales of Rs 308.24 crore and net profit of Rs 8.04 crore in FY25. Earlier, the company consideration and approval of raising funds up to Rs 320 crore through the issuance of equity shares to Qualified Institutional Buyers.
In FY25, FIIs bought 8,61,614 shares or 6.18 per cent compared to nil holding in FY24. As of March 2025, Promoters own 61.50 per cent stake, FIIs own 6.18 per cent stake and the remaining 32.32 per cent stake is owned by public shareholders. The company has a market cap of over Rs 560 crore. The shares of the company have a PE of 60x, an ROE of 13 per cent and an ROCE of 12 per cent. The stock is up by 52 per cent from its 52-week low of Rs 295.20 per share.
Disclaimer: The article is for informational purposes only and not investment advice.