---
title: "Pavna Industries Ltd (PAVNAIND) — Share Price, Financials & Analysis"
symbol: "PAVNAIND"
company: "Pavna Industries Ltd"
canonical: "https://tapetide.com/stocks/PAVNAIND"
isin: "INE07S101038"
nse_symbol: "PAVNAIND"
bse_code: "543915"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 211.95
generated_at: "2026-09-13T19:16:26.173Z"
---

# Pavna Industries Ltd (PAVNAIND)

Canonical page: https://tapetide.com/stocks/PAVNAIND

## Company

- **NSE Symbol:** PAVNAIND
- **BSE Code:** 543915
- **ISIN:** INE07S101038
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-06-01
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** pavna.in

## About

Incorporated in 1994, Pavna Industries is a manufacturer and supplier of Locks, Auto Locks and Auto Parts[1]

## Latest Price

- **Price:** ₹14.88
- **Change:** -0.2 (-1.33%)
- **Open:** ₹15.23
- **Day High:** ₹15.88
- **Day Low:** ₹14.51
- **Previous Close:** ₹15.08
- **Volume:** 94965
- **As Of:** 2026-09-11T09:58:41+00:00

## Key Fundamentals

Observed at 2026-09-11T04:54:15.328867Z.

- **Market Cap:** ₹211.95 Cr
- **Classification:** Microcap
- **P/E (reported):** 26.5
- **P/E (TTM):** 27.56
- **EPS (TTM):** ₹0.54
- **Book Value:** ₹14.64
- **Price to Book:** 1.03
- **Dividend Yield:** 6.63%
- **ROE:** 2.43%
- **ROCE:** 6.12%
- **Debt to Equity:** 0.55
- **Revenue (yearly):** ₹299.6 Cr
- **Net Income:** ₹5.3 Cr
- **EBITDA:** ₹31.2 Cr
- **52-Week High:** ₹43.8
- **52-Week Low:** ₹14.11
- **RSI (14):** 30.37

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.17 | 9% |
| growth | 60.49 | 9% |
| momentum | 36.18 | 12% |
| ownership | 43.9 | 24% |
| quality | 48.62 | 22% |
| valuation | 44.57 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.02 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 6.18% over past five years.
- Company has a low return on equity of 5.52% over last 3 years.
- Promoter holding has decreased over last 3 years: -8.95%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -114.6% | -116.73% | 95.67% |
| ebitda margin growth | -5.81% | -7.3% | -11.09% | 6.22% |
| net income growth | -60.87% | -33.75% | -12% | -3% |
| revenue growth | 67.45% | -3.35% | -6% | 6% |
| roce | -20.08% | -37.1% | -76.23% | 15.78% |
| roe | -62.07% | -35.88% | 6.8% | -82.39% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 76.16 | 79.86 | 81.45 | 78.84 | 83.73 | 79.44 | 66.23 | 60.4 | 74.15 | 108.03 | 54.45 | 91.88 |
| Expenses | 67.48 | 71.94 | 71.92 | 70.47 | 73.16 | 72.83 | 58.71 | 55.36 | 67.18 | 99.38 | 46.41 | 84.06 |
| Operating Profit | 8.68 | 7.92 | 9.53 | 8.37 | 10.57 | 6.61 | 7.52 | 5.04 | 6.97 | 8.65 | 8.04 | 7.82 |
| OPM % | 11.4 | 9.92 | 11.7 | 10.62 | 12.62 | 8.32 | 11.35 | 8.34 | 9.4 | 8.01 | 14.77 | 8.51 |
| Other Income | 0.23 | 0.11 | 0.21 | 0.17 | 0.14 | 0.72 | 0.75 | -2.41 | 0.87 | 0.89 | 0.59 | 0.27 |
| Interest | 2.73 | 2.72 | 2.91 | 2.66 | 2.72 | 2.94 | 2.33 | 1.05 | 1.45 | 1.85 | 2.05 | 2.35 |
| Depreciation | 2.35 | 2.6 | 2.89 | 2.94 | 3.32 | 3.44 | 3.35 | 3.39 | 3.52 | 3.66 | 3.75 | 4.18 |
| Profit before tax | 3.83 | 2.71 | 3.94 | 2.94 | 4.67 | 0.95 | 2.59 | -1.81 | 2.87 | 4.03 | 2.83 | 1.56 |
| Tax % | 27.94 | 18.82 | 25.63 | 27.55 | 28.69 | 21.05 | 29.73 | -5.52 | 41.46 | 25.31 | 14.84 | 41.03 |
| Net Profit | 2.75 | 2.2 | 2.93 | 2.13 | 3.34 | 0.76 | 1.82 | -1.72 | 1.68 | 3.02 | 2.31 | 0.88 |
| EPS in Rs | 0.22 | 0.14 | 0.22 | 0.18 | 0.22 | 0.06 | 0.12 | -0.15 | 0.09 | 0.22 | 0.17 | 0.06 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 180 | 218 | 312 | 359 | 314 | 306 | 295 | 329 |
| Expenses | 161 | 199 | 282 | 326 | 280 | 273 | 266 | 297 |
| Operating Profit | 19 | 20 | 30 | 33 | 35 | 33 | 29 | 31 |
| OPM % | 10 | 9 | 10 | 9 | 11 | 11 | 10 | 10 |
| Other Income | -1 | 0 | 1 | 2 | 3 | 2 | 0 | 3 |
| Interest | 4 | 5 | 9 | 11 | 11 | 11 | 7 | 8 |
| Depreciation | 4 | 4 | 9 | 12 | 11 | 13 | 14 | 15 |
| Profit before tax | 9 | 11 | 13 | 12 | 16 | 11 | 8 | 11 |
| Tax % | 31 | 32 | 28 | 29 | 24 | 28 | 32 | — |
| Net Profit | 4 | 7 | 9 | 9 | 12 | 8 | 5 | 8 |
| EPS in Rs | 0.83 | 0.51 | 0.65 | 0.69 | 0.87 | 0.53 | 0.33 | 0.54 |
| Dividend Payout % | 0 | 0 | 0 | 15 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 6 | 6 | 12 | 12 | 14 | 14 |
| Reserves | 24 | 42 | 48 | 49 | 61 | 186 | 190 |
| Borrowings | 49 | 59 | 123 | 139 | 123 | 36 | 113 |
| Other Liabilities | 44 | 56 | 64 | 78 | 62 | 42 | 54 |
| Total Liabilities | 120 | 162 | 241 | 279 | 258 | 278 | 371 |
| Fixed Assets | 45 | 53 | 77 | 88 | 75 | 91 | 142 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 75 | 110 | 164 | 190 | 182 | 187 | 225 |
| Total Assets | 120 | 162 | 241 | 279 | 258 | 278 | 371 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5 | -8 | -21 | 18 | 6 | 6 | -1 |
| Cash from Investing Activity | -23 | -11 | -31 | -23 | -18 | -28 | -66 |
| Cash from Financing Activity | 28 | 18 | 52 | 5 | 12 | 22 | 68 |
| Net Cash Flow | -1 | -1 | 0 | 0 | 0 | 1 | 1 |
| Free Cash Flow | -31 | -19 | -52 | -5 | -15 | -22 | -46 |
| CFO/OP | -15 | -26 | -60 | 65 | 26 | 32 | 8 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 60 | 64 | 59 | 54 | 65 | 52 | 55 |
| Inventory Days | 96 | 122 | 168 | 168 | 176 | 208 | 235 |
| Days Payable | 80 | 102 | 75 | 85 | 70 | 38 | 56 |
| Cash Conversion Cycle | 76 | 84 | 151 | 137 | 171 | 222 | 234 |
| Working Capital Days | 9 | 29 | 31 | 25 | 20 | 138 | 61 |
| ROCE % | — | 16 | 14 | 11 | 13 | 9 | 5 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% | 70.44% | 61.49% | 61.49% | 61.49% | 61.49% | 61.49% | 61.49% |
| FIIs | 0% | 0% | 0% | 0% | 0.03% | 0.13% | 6.18% | 6.38% | 6.07% | 5.72% | 5.07% | 4.8% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.55% | 23.54% | 23.15% | 22.64% | 23.46% | 20.62% | 23.74% | 24.06% | 24.96% | 27.15% | 28.01% | 28.3% |
| Others | 6% | 6.02% | 6.41% | 6.92% | 6.07% | 8.81% | 8.59% | 8.06% | 7.48% | 5.63% | 5.43% | 5.4% |
| No. of Shareholders | 1225 | 2082 | 3079 | 4210 | 4802 | 5357 | 5407 | 5238 | 10440 | 10622 | 12188 | 12021 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 16.39 | Sell |
| EMA (10) | 16.21 | Sell |
| SMA (20) | 17.47 | Sell |
| EMA (20) | 16.93 | Sell |
| SMA (50) | 17.51 | Sell |
| EMA (50) | 17.49 | Sell |
| SMA (100) | 17.88 | Sell |
| EMA (100) | 18.3 | Sell |
| SMA (200) | 19.88 | Sell |
| EMA (200) | 21.33 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.35 | Buy |
| MACD (12,26,9) | -0.72 | Sell |
| Stochastic (14,3,3) | 9.38 | Buy |
| ADX (14) | 31.87 | Buy |
| Williams %R (14) | -92.11 | Buy |
| ATR (14) | 1.28 | High Volatility |
| ROC (12) | -19.61 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 30.93 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d9edc14-37b0-41ab-9488-eee3309cf226.pdf) |
| 2026-08-27 | [AGM Scheduled On 21St September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94d43917-25eb-4ded-9dcd-0a92e7ace591.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4228e018-907e-40e9-bf95-da884d6ad459.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Meeting Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba3b9f26-9478-435f-b3f2-a84117cda1f1.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8abf21df-7b2b-4234-bcf3-d4df9d89e161.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Diversification / Disinvestment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9474f1d2-5418-439f-8850-e752740bf48d.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c22e241-69ee-40ea-a0bf-0e5358a84c16.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Disclosure Of Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d0ad9f9-1e4d-4544-8ce6-dbc4ff388aa7.pdf) |
| 2026-08-13 | [Disclosure Of Standard Of Deviation & Variation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a209099d-95a5-4219-8048-d018ae0bf3d2.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9fa855d-cafe-4022-9aa0-4b309b8854c3.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Disclosure Of Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d6d8fcc-0a64-4b2a-b334-132cc6d8c36d.pdf) |
| 2026-05-28 | [Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82e63d6e-119e-4fca-9226-9c6cb91836fd.pdf) |
| 2026-02-11 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3dc6050-d735-4137-843e-2e63fd1eac9b.pdf) |
| 2025-11-12 | [Consolidated And Standalone Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edcb0eec-46de-4bee-a5eb-a26e4630db9b.pdf) |
| 2025-08-08 | [Approved The Unaudited Consolidated And Standalone Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23ed328d-d456-4ebd-9644-1632f01d2986.pdf) |
| 2025-05-26 | [The Board Of Directors Has Approved The Audited Financial Results For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7006546f-b8db-4e36-9adb-9ad49c4708c6.pdf) |
| 2025-02-14 | [Unaudited Standalone & Consolidated Financial Results For The Quarter Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9840a527-ce84-461b-a9b4-4dfb385860a0.pdf) |
| 2024-10-28 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8d70a25-5709-40df-a3e4-99f61a3f1a4f.pdf) |
| 2024-08-14 | [Unaudited Financial Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d08ca06-eb44-40c2-b37b-1724e79bef14.pdf) |
| 2024-05-30 | [Audited Financial Results For The Quarter And Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23a2609c-57d4-4980-91f3-43b6fb8544c8.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Company confirms it is not a Large Corporate under SEBI debt disclosure norms. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 8 May - Company confirms it is not a Large Corporate under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5873ed9d-2a75-4075-bfdd-ae7782c18067.pdf) |
| 8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed18bbb2-554c-46cb-8b52-c808d7ed7902.pdf) |
| 27 Apr - Pavna Industries says it is not a Large Corporate under SEBI debt disclosure norms. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr - Pavna Industries says it is not a Large Corporate under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5af5b82-0a96-4d26-aeb7-2c6e1e1725bf.pdf) |
| 2 Mar - Postal ballot passed March 1, 2026: approvals for loans/investments (Sec185/186) and material related-party transactions. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 2 Mar - Postal ballot passed March 1, 2026: approvals for loans/investments (Sec185/186) and material related-party transactions.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d60db33-275a-4706-8fe5-058d5387dfe1.pdf) |
| 13 Feb - Newspaper Publication of Unaudited Standalone and Consolidated financial results for the quarter and Nine months ended on December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Newspaper Publication of Unaudited Standalone and Consolidated financial results for the quarter and Nine months ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14f7e332-9068-48dd-a2db-5633992f3f6f.pdf) |
| 11 Feb - Q3FY26 revenue Rs108.03Cr; PAT Rs3.02Cr (+297%); ₹250Cr MoU; 4.33-acre land; Noida R&D. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Feb - Q3FY26 revenue Rs108.03Cr; PAT Rs3.02Cr (+297%); ₹250Cr MoU; 4.33-acre land; Noida R&D.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5fec5011-75ba-44f5-b3f9-8e1bac499a09.pdf) |
| 11 Feb - No deviation in utilization of Rs.210.70 crore raised (Jan 29, 2025); Rs.119.80 crore received; balance Rs.90.90 crore pending. | [Statement Of Deviation & Variation For The Quarter Ended On December 31, 2025. 11 Feb - No deviation in utilization of Rs.210.70 crore raised (Jan 29, 2025); Rs.119.80 crore received; balance Rs.90.90 crore pending.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a0e04dd-750b-440b-bbe9-16a7bca55c0d.pdf) |
| 10h - Pavna Industries says it is not a Large Corporate under SEBI debt disclosure norms. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10h - Pavna Industries says it is not a Large Corporate under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5af5b82-0a96-4d26-aeb7-2c6e1e1725bf.pdf) |
| — | [Closure of Trading Window 26 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de00fac7-5281-4407-a593-b5fedf58254b.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1de99ea5-1681-4163-bb15-8e0255a863ed.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-07-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f960b851-d2c0-4873-acd0-f5e09a64599f.pdf) |
| 2025-06-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=690bfebb-a06c-4f5d-b5ac-c6cd880848fd.pdf) |
| 2024-02-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=914d1d0e-18ae-40e4-b1dd-44cdbfe901de.pdf) |
| 2024-01-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=306b3caf-7cc7-4d53-a72c-803274cdb0a4.pdf) |
| 2023-08-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fb0f72c-67de-4489-a442-4617df2e0f6a.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f960b851-d2c0-4873-acd0-f5e09a64599f.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/306b3caf-7cc7-4d53-a72c-803274cdb0a4.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/914d1d0e-18ae-40e4-b1dd-44cdbfe901de.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1fb0f72c-67de-4489-a442-4617df2e0f6a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21212_PAVNAIND_2021_2022_03092022151936_09032022160014.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19467_PAVNAIND_2020_2021_06092021143317_09062021150007.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67e9c664-5b6e-43ac-8764-dd0e1c233a67.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d90181dc-bc56-4d61-bc39-809ee65d6916.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41db37ee-6cb1-4bbb-bd6f-dad5ee9240c5.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:26.173Z.