Porwal Auto Components Ltd


BSE: 532933 | NSE: NA | ISIN: INE386I01018 
Market Cap: [Rs.Cr.] 8 | Face Value: [Rs.] 10
Industry: Castings & Forgings

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Board Meet

03-May-13 
Audited Results Porwal Auto Components Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 03, 2013, inter alia, transacted the following items of business : 1. Accepted the resignation of Shri Ashish Saboo, Independent Non-executive Director. 2. Appointed Shri Ramesh Kashyap as Additional Director of the Company as Independent Non-executive Director of the Company. 3. Reconstituted Audit Committee and Remuneration Committee. 4. Re-appointed the Cost Auditor for the financial year 2013-14. 5. Increase the remuneration of Executive Chairman - Surendra Jain. 6. Increase the remuneration of Managing Director - Devendra Jain. 7. Increase the remuneration of Whole-time Director - Mukesh Jain. 8. Increase the remuneration of Chief Executive Officer -Shailesh Jain. (As per BSE Announcement Dated on 03.05.2013) 
30-Jan-13 
Quarterly Results 
30-Oct-12 
Quarterly Results 
30-Jul-12 
Quarterly Results 
30-May-12 
Audited Results 

AGM

29-Sep-12
Porwal Auto Components Ltd has informed BSE that the 20th Annual General Meeting (AGM) of the Company was held on September 29, 2012. Porwal Auto Components Ltd has informed BSE regarding the details of Voting Results at the 20th Annual General Meeting of the Company held on September 29, 2012, under Clause 35A. (As per BSE Announcement Dated on 09.10.2012)  
30-Sep-11
Porwal Auto Components Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on September 30, 2011, inter alia, have approved the following: - Ordinary Resolutions: 1. Audited Balance Sheet as at March 31, 2011 and Profit and Loss Accounts for the year ended on that day together with the reports of the Auditors and Directors thereon. 2. Re-appointed Mr. Surendra Jain, as a Director who retired by rotation and 3. Re-appointed the Statutory Auditors of the Company to hold office until the conclusion of next AGM. - Special Business: 4. Shri Devendra Jain, Managing Director of the Company has been re-appointed for further period of three years from August 01, 2011 on remuneration. 5. Shri Mukesh Jain, Whole time Director of the Company has been re-appointed for further period of three years from August 01, 2011. 6. Shri Surendra Jain, Executive Director and Chairman of the Company has been re-appointed as Executive Director for further period of three years from August 01, 2011. 7. Shri Shailesh Jain, CEO of the Company has been re-appointed for further period of three years from August 01, 2011. 
30-Sep-10
Porwal Auto Components Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on September 30, 2010, inter alia, have approved the following: 1. Audited Balance Sheet as at March 31, 2010 and Profit and Loss Accounts for the year ended on that day together with the reports of the Auditors and Directors thereon. 2. Re-appointed Mr Ashish Saboo, as a Director who retired by rotation. 3. Re-appointed the Statutory Auditors of the Company to hold office until the conclusion of next AGM. 4. The Members of the Company has authorised the Board of Directors to disposal of present and future immovable and movable assets of the Company whether by way of mortgage, hypothecation or otherwise, where-ever situated in compliance of the terms of their loan agreement entered into and/or to be entered into by and between any of the Bank or financial institution etc. and the Company under the provisions of Section 293(1)(a) of the Companies Act, 1956. 5. The Members of the Company has authorised the Board of Directors to borrow money for business objectives of the Company, from time to time, provided that the moneys so borrowed together with the money already borrowed by the Company, shall not exceed Rs.2000.00 Lacs over and above the aggregate of the extant paid up capital of the Company and its free reserves under the provisions of section 293(1)(d) of the Companies Act, 1956. 
25-Sep-09
AGM 25/09/2009 Porwal Auto Components Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on September 25, 2009, inter alia, have approved the following: 1. Audited Balance Sheet as at March 31, 2009 and Profit and Loss Accounts for the year ended on that day together with the reports of the Auditors and Directors thereon. 2. Re-appointed Shri. Suraj Mal Kucheria, as a Director who retired by rotation. 3. Re-appointed the Statutory Auditors of the Company to hold office until the conclusion of next AGM. (As Per BSE Announcement Website dated on 25.09.2009) 
24-Sep-08
AGM 24/09/2008 Porwal Auto Components Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 24, 2008, inter alia, have approved the following: 1. Audited Balance Sheet as at March 31, 2008 and Profit and Loss Accounts for the year ended on that day together with the reports of the Auditors and Directors thereon. 2. Re-appointed Shri. Nitin Dafria, as a Director who retired by rotation. 3. Re-appointed the Statutory Auditors of the Company to hold office until the conclusion of next AGM. (As per BSE Announcement dated on 29/09/2008) 

EGM

30-Apr-09
Porwal Auto Components Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 30, 2009, inter alia, passed the special resolution through postal ballot, relating to shift the registered office of the Company situated at Kanti Mansion 6 Murai Mohalla, Indore to Plot No. 209, Section No. 1, Industrial Area, Pithampur, Distt. Dhar, Madhya Pradesh. 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Bharat Forge 5,349.74 15.76 2.50 9.77 19.6 20.0 0.83
AIA Engg. 2,681.89 17.62 2.80 13.57 16.8 24.5 0.02
Electrost.Cast. 576.80 5.92 0.32 12.94 0.7 2.8 0.96
Jayaswal Neco 440.00 11.96 0.25 5.94 5.5 10.3 1.47
Mahindra Forg. 423.06 16.22 0.49 15.53 0.8 1.8 0.12
Ahmednagar Forg. 390.84 3.01 0.53 3.71 17.8 18.6 0.86
Ramkrishna Forg. 263.66 23.92 0.92 5.03 14.2 15.6 1.10
Nelcast 152.69 7.94 0.63 2.70 20.2 24.2 0.39
Hinduja Foundrie 107.45 0.00 -0.53 0.00 0.0 0.0 5.75
M M Forgings 97.83 5.12 0.64 3.89 15.2 13.2 1.01
Steelcast 70.88 3.61 0.88 3.67 26.9 25.3 1.43
KIC Metaliks 55.84 15.92 1.23 15.17 7.1 4.2 2.07
Tayo Rolls 48.17 0.00 -1.22 43.54 0.0 0.0 2.09
Kalyani Forge 43.15 4.89 0.43 2.92 15.8 18.6 0.85
Sanghvi Forg. 33.95 7.21 0.57 9.01 12.3 12.7 0.71

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Key Information

Key Executives:

Surendra Jain , Executive Chairman  

Devendra Jain , Managing Director  

Mukesh Jain , Whole-time Director  

Nitin Dafria , Director  


Company Head Office / Quarters:
Plot No 209 Section No 1,
Industrial Area Pithampur Dist,
Dhar,
Madhya Pradesh-454775
Phone : 91-07292-405101
Fax : 91-07292-405120
E-mail : admin@porwalauto.com
Web : http://www.porwalauto.com
Registrars:
Link Intime India Pvt Ltd
C-13 Pannalal Silk
Mills Cmpd LBS Marg
Bhandup West
Mumbai - 400 078

Fund Holding

 
Scheme Name No. of Shares
No data found

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