Latest news with #PavnaIndustries
Mint
14-07-2025
- Automotive
- Mint
Pavna Industries share price rise over 4% in bear-hit Dalal Street; here's why
Shares of Pavna Industries surged over 4 percent on Monday, July 14, defying broader market weakness after the company announced that it had begun production and supply of oil pumps to Hero MotoCorp Limited (HMCL). The announcement marked a significant operational milestone for the company, which has now strengthened its ties with India's largest two-wheeler manufacturer. Pavna Industries confirmed that its subsidiary, Pavna Sunworld Autotech, has commenced the supply of oil pumps for HMCL's best-selling models — Splendor and Glamour. These pumps will be supplied to all six of Hero MotoCorp's manufacturing plants across India. The company noted that production has already begun and will be progressively ramped up to 50,000 units per month over the next three to four months. Commenting on the development, Swapnil Jain, Managing Director of Pavna Industries Ltd., said, 'This achievement is a testament to increasing consumer confidence in Pavna's engineering expertise, operational excellence, and product quality. Securing this mandate across all six Hero facilities reflects the dedication of our team and our growing credibility as a reliable supplier of key engine components.' Pavna Industries, formerly known as Pavna Locks Limited, was incorporated in 1994 and has built a strong presence in the South Asian automotive industry over the past five decades. The company manufactures a wide array of high-quality automotive parts catering to various vehicle segments — from two-wheelers and passenger vehicles to heavy commercial and off-road vehicles. It serves leading OEMs (Original Equipment Manufacturers) and has consistently focused on technology, reliability, and timely delivery. Despite the positive operational development, Pavna Industries' Q4 FY25 earnings highlighted ongoing challenges. The company reported a consolidated net profit of ₹ 1.70 crore, down 36.57 percent from ₹ 2.68 crore in Q4FY24. Consolidated revenue from operations for the quarter also fell 18.69 percent year-on-year to ₹ 66.23 crore from ₹ 81.45 crore. For the full financial year FY25, Pavna Industries' consolidated net profit dropped 30.21 percent to ₹ 7.37 crore, compared to ₹ 10.56 crore in FY24. Revenue from operations dipped 2.72 percent year-on-year to ₹ 308.24 crore from ₹ 316.87 crore. The stock rose as much as 4.4 percent in intraday trade to touch a high of ₹ 432.45 on July 14. Despite the day's gains, it remains 43 percent below its 52-week high of ₹ 759.55 hit in October 2024. It had previously touched a 52-week low of ₹ 295.20 in March 2025. Over the past year, Pavna Industries' stock has declined by 14.5 percent. So far in July, it has slipped 1.7 percent, after a 9.6 percent rise in June and a 26 percent rally in May. In April, it fell 13 percent, partially recovering from earlier losses of 26 percent in February and 2.6 percent in January. March had seen a mild uptick of 1.2 percent. Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult a certified financial advisor before making any investment decisions.
India.com
03-07-2025
- Automotive
- India.com
THIS company announces first-ever stock split, shares gains
भारत के शेयर मार्केट में तेजी Shares of Pavna Industries are in action today as the board of directors of the company has approved its first-ever stock split. This strategic move, as outlined in an exchange filing, is part of the company's business strategy. The board of directors has considered and recommended a subdivision of one fully paid-up equity share with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each. However, the company has not announced the record date for this corporate action. 'Sub-division/ Split of equity shares of the Company, such that 1 (One) Equity Share of Face Value Rs. 10/- (Rupees Ten Only) each fully paid up, be Sub-divided / Split into 10 (Ten) Equity Shares having face value of Re. 1/- (Rupee One Only) each fully paid up, subject to necessary approvals,' the company said in an exchange filing. Share Price Today The shares of the company started today's trading session at Rs 425 against the previous close of Rs 418.30. It gained further to touch the high of Rs 453.65 – a jump of 8.45 per cent from the closing price of the last trading session. The stock hit its 52-week high of ₹759.55 on October 14, 2024, and recorded its 52-week low of ₹295.20 on March 3, 2025. The company's current market capitalisation stands at ₹597.47 crore, which may be impacted by the upcoming stock split. Share Price History The stock has demonstrated a resilient performance, delivering a positive return of 26.65 per cent over the past two years. This steady growth trajectory, despite a correction of 15.77 per cent in the last year, reflects the company's potential for long-term value creation. Earlier, the company signed an agreement with EV player OLA Electric to supply auto components, marking an entry into the domestic EV sector. This strategic move is part of the company's diversification strategy. As part of the pact, it will provide auto components like ignition switches and latches to OLA Electric across its manufacturing plants in India from its manufacturing unit at Aligarh in Uttar Pradesh.
Mint
27-05-2025
- Business
- Mint
Small-cap stock Pavna Industries jumps 12% amid volatile stock market trend
Pavna Industries share price jumped nearly 12% on Tuesday after the company reported its Q4 results 2025. Pavna Industries shares rallied as much as 11.7% to ₹ 449.00 apiece on the BSE. The small-cap stock made an opening high of ₹ 449.00, but failed to hold gains and traded flat. Pavna Industries reported its financial results for the quarter ended March 2025 after the market hours on May 26. Here's a look at the company's earnings. The company reported a consolidated net profit of ₹ 1.70 crore in the fourth quarter of FY25, a fall of 36.57% from ₹ 2.68 crore in the year-ago quarter. Pavna Industries' consolidated revenue from operations in Q4FY25 declined 18.69% to ₹ 66.23 crore as against ₹ 81.45 crore, year-on-year (YoY). For the full financial year 2024-2025 (FY25), Pavna Industries' consolidated net profit dropped 30.21% to ₹ 7.37 crore from ₹ 10.56 crore in FY24. Consolidated revenue from operations in FY25 declined 2.72% to ₹ 308.24 crore from ₹ 316.87 crore, YoY. Pavna Industries share price gained over 24% in one month and 6% in the past three months. However, the small-cap stock has delivered negative returns over the medium-to-long term. Pavna Industries shares have declined 16% on a year-to-date (YTD) basis, while it has dropped 27% in the past six months. The small-cap stock is down more than 27% in the past one year. At 1:00 PM, Pavna Industries share price was trading 0.17% higher at ₹ 402.70 apiece on the BSE, with a market capitalisation of more than ₹ 561 crore. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
27-05-2025
- Business
- Business Standard
Pavna Industries consolidated net profit declines 36.57% in the March 2025 quarter
Sales decline 18.69% to Rs 66.23 crore Net profit of Pavna Industries declined 36.57% to Rs 1.70 crore in the quarter ended March 2025 as against Rs 2.68 crore during the previous quarter ended March 2024. Sales declined 18.69% to Rs 66.23 crore in the quarter ended March 2025 as against Rs 81.45 crore during the previous quarter ended March 2024. For the full year,net profit declined 30.21% to Rs 7.37 crore in the year ended March 2025 as against Rs 10.56 crore during the previous year ended March 2024. Sales declined 2.72% to Rs 308.24 crore in the year ended March 2025 as against Rs 316.87 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 66.2381.45 -19 308.24316.87 -3 OPM % 11.3411.71 - 10.7310.88 - PBDT 5.946.83 -13 24.2026.41 -8 PBT 2.593.95 -34 11.1615.71 -29 NP 1.702.68 -37 7.3710.56 -30
Mint
08-05-2025
- Automotive
- Mint
350% rally in five years! Multibagger auto stock hits 20% upper circuit after ₹320 crore fundraise move
Multibagger auto stock: Pavna Industries share price touched 20% upper circuit limit during Thursday's trading session following the company's announcement of plans to raise up to ₹ 320 crores by issuing equity shares to qualified institutional buyers. 'Approved raising of funds for an aggregate amount not exceeding ₹ 320 crores through issue of Equity Shares by way of Qualified Institutions Placement (QIP), in accordance with the relevant provisions of applicable law and subject to approval of the company's shareholders and receipt of applicable regulatory approvals,' said the firm in an exchange filing. Additionally, the company announced that to facilitate the proposed issuance of equity shares, the board has formed the QIP Committee and empowered this committee to determine and undertake the essential measures, including setting the price, timing, terms, and conditions of the QIP. The company specialises in producing a diverse array of automotive parts for well-known Original Equipment Manufacturers (OEMs) according to their specifications, serving different vehicle categories like passenger cars, two-wheelers, three-wheelers, heavy and light commercial vehicles, and off-road vehicles. In addition, the company offers aftermarket sales and services, which include products it manufactures such as filters, clutch plates, bearings, wiper blades, and brake shoes. Pavna Industries share price opened at an intraday low of ₹ 320.45 apiece on the BSE, the stock touched an intraday high of ₹ 373 apiece. Over the last week, Pavna Industries share price increased by 18.97%. In the previous quarter, the stock has declined by 24.97% and has decreased by 28.30% over the past year. The stock has increased by 350% over the past 5 years, providing significant returns to its investors. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Pavna Industries share price have seen strong traction in today's session, with prices surging more than 18% in today's session backed with volume , this move can extend in near term towards ₹ 400 in near term. With support placed around ₹ 300.
