PAE Ltd

Key Stats

₹6.35
Day's Price Range
₹7.05
₹4.65
52-Week Price Range
₹7.65
1 Month Return-9.04 %
3 Month Return22.6 %
1 Year Return4.44 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 463
EPS
Rank 467
BVPS
Rank 518
₹-42
Dividend Yield
Rank 184
ROE
Rank 330
8.31%
Price To Book Ratio
Rank 338
-0.19
Debt To Asset
Rank 3
5.24

Company Information

Incorporated as a whollyowned subsidiary of Premier Automobiles PAL Premier Auto Electric PAE since incorporation has been trading in automobile products servicing cars and fitting airconditioners in automobiles after public issue in Feb 90 PAE ceased to be a subsidiary of PAL. It started operations as a representative of reputed foreign automobile /automobile component manufacturers and gradually expanded into service station activities. It expanded its activities by adding a network of branches representating major auto ancillary manufacturers in India.On Jun.93 PAE signed an MoU with Best Cromption Engineering to purchase plant and machinery for automobiles and for knowhow to manufacture starter motors and alternators and their parts. With the rights to use Becon brand for 30 months it has the exclusive rights to market components for PALPeugeot cars in the domestic market. In 1996 Company issued bonus shares in the ratio of 1 equity for every 2 equity shares.Company has received ISO 9002 Certification from RWTUV Germany. This is first time in the country that the Certificate has been awarded to a Auto Spare Parts marketing and distribution company. Company has done fitment of CNG kits in 457 Cars Taxies which is an attempt towards pollution control and fuel economy. PAEL closed down its auto electrical division at Ambattur Chennai with effect from 3rd August 1998. During 199899 it introduced some products with its brand name PRIYA. While focussing on its core activity of marketing and distributing automotive components the company has also taken up the operation of running vehicle depos in some locations for Ind Auto Ltd the joint venture car manufacturing company of Fiat and PAL.During the year 20002001 the turnover of the company declined to a large extent and main reason for the decline is arecession in the automobile industry bDevastating earthquake in gujarat which is major business centre etc.The companys Fixed Deposit Scheme has been rated as FB by crisilindicating timely payment of interest and principal.
OrganisationPAE Ltd
HeadquartersMumbai
IndustryAuto Ancillaries