PAE Limited

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BSE Code: 517230       NSE Code: PAEL

Business Profile
Business Profile
PAE (PAEL), incorporated on Jul. 13, 1950, is a leading marketing and distribution company of lead acid storage batteries to provide power storage in power backup systems and auto components. Earlier known as Premier Auto Electric, it got its present name with effect from Nov. 25, 2003.

Operating through its power and component divisions, it represents most of the renowned and respected names in the Indian auto components and power solutions industry like Xpress, Exide, Luminous Megatech, ACDelco, Bosch, Fenner India, Gabriel India, Mahindra Sona, Purolator, Ucal Mikuni and several others. Power solutions include products like automotive, motorcycle and industrial batteries; invertors and uninterrupted power supplies; and a wide range of power backup solutions like emergency lift operating systems, pure sine-wave inverters to support any kind of electrical load from single phase to three phase ranging from 1 KVA to 150 KVA. In FY08, the company launched other power backup devices and systems in the market under its proprietary brand name PowerZen.

Auto components include bearings, shaft brake pads and linings, clutch plates and cover assemblies, spark plugs, fan belts, cables, shoxs and struts, friction material, relays, propeller and axle shafts, engine treatments, rings, filters, dashboard instruments, speedo and control cables, carburetors and fuel pumps, gaskets, and lubricants. PAEL has 31 branches and over 10,000 dealers located strategically across India. It has tied up with Loctite India to market its Permatex range of automotive maintenance products all over the country.

The registered office is at 69, Tardeo Road, Mumbai-400034.

Financials
The company reported a steady growth in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company rose 23.66% to Rs 16.20 million from Rs 13.10 million in the same quarter last year. Net sales for the quarter rose 13.34% to Rs 629.50 million, while total income for the quarter rose 13.33% to Rs 630.80 million, when compared with the prior year period. It posted earnings of Rs 1.70 a share during the quarter, registering 23.19% growth over previous year period.

Recent Developments
12-MAR-09
The company plans to acquire 51% equity stake in West Bengal based Shurjo Energy by investing Rs 50 million in the company in three separate tranches. The entire deal will be funded via internal accruals.

Other Information
Annual Reports for PAE Limited
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2022-23
2021-22
2020-21
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
2008-09
2007-08
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2005-06
2004-05
2003-04
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2000-01
1999-00
1998-99
1997-98
1996-97

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