Porwal Auto Components Ltd

Porwal Auto Components Ltd (532933)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-6.27 %
3 Month Return-7.61 %
1 Year Return-7.39 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 20
Rank 20
Rank 22
Dividend Yield
Rank 10
Rank 32
Price To Book Ratio
Rank 19
Debt To Asset
Rank 22

Company Information

The Company was incorporated on February 03 1992 as a Porwal Auto Components private limited. The Company was converted into a Public Limited Company on September 09 1992 with the name Porwal Auto Components Limited. Mr. Surendra Jain Mr. Devendra Jain and Mr. Mukesh Jain were promoted the company. The Company has received a 1S0/TS 16949:2002. The company has engaged in the business of manufacture of SG and CI Castings with an installed capacity of 6600 T per annum which is presently upgraded to 9000 MT per annum in order to enhance the product profile and cater to larger customer base. The company has implemented a largescale expansion programme to increase the capacities upto 27600 MTA. The expansion programme has commenced from January 2005. The total expansion would be completed by June 2008.To part finance the expansion programme during January 2006 the Company had made a preferential allotment of 8000000 equity shares out of which 4300000 equity shares were allotted to promoter group and the balance 3700000 equity shares were allotted to Porwal Finsec Pvt. Ltd. Acquirer a nonpromoter Company. The acquirer has complied with SEBI SAST Regulations and an Open Offer was made to the equity shareholders of PACL.
OrganisationPorwal Auto Components Ltd
IndustryCastings, Forgings & Fastners