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Pavna Industries Limited, together with its subsidiaries, manufactures automotive components in India and internationally. The company's automotive components include ignition switches, fuel tank caps, latches, auto locks, handles, switches, oil and water pumps, carburetors, throttle bodies, fuel cocks and pumps, injection systems, engine and casting components, and other automotive parts solutions; and aftermarket products comprise filters, clutch plates, bearings, wiper blades, and brake shoes. It also offers vehicle accessories, such as wheel, helmet, disc brake, and cable locks, as well as foot rests. In addition, the company provides aftermarket sales and services. It offers its components for passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, and off-road vehicles, as well as electric vehicle, automobile, agriculture, and other applications. The company was formerly known as Pavna Zadi Security Systems Limited and changed its name to Pavna Industries Limited in April 2019. Pavna Industries Limited was founded in 1971 and is based in Aligarh, India.

Pavna Industries Dividend Announcement

• Pavna Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2022-12-14. Ex dividend date: 2022-11-21
• Pavna Industries's trailing twelve-month (TTM) dividend yield is -%

Pavna Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-11-21₹1.00annually2022-12-14

Pavna Industries Dividend per year

Pavna Industries Dividend Yield

Pavna Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pavna Industries stock? Use our calculator to estimate your expected dividend yield:

Pavna Industries Financial Ratios

P/E ratio72.82
PEG ratio-13.25
P/B ratio8.76
ROE11.94%
Payout ratio0.00%
Current ratio1.15
Quick ratio0.51
Cash Ratio0.02

Pavna Industries Dividend FAQ

Does Pavna Industries stock pay dividends?
Pavna Industries does not currently pay dividends to its shareholders.
Has Pavna Industries ever paid a dividend?
No, Pavna Industries has no a history of paying dividends to its shareholders. Pavna Industries is not known for its dividend payments.
Why doesn't Pavna Industries pay dividends?
There are several potential reasons why Pavna Industries would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Pavna Industries ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Pavna Industries has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Pavna Industries a dividend aristocrat?
Pavna Industries is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Pavna Industries a dividend king?
Pavna Industries is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Pavna Industries a dividend stock?
No, Pavna Industries is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Pavna Industries stocks?
To buy Pavna Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Pavna Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.