Prime Property Development Corporation Ltd
₹ 17.2
-3.75%
01 Apr
- close price
About
Incorporated in 1992, Prime Property Development Corporation Ltd is in the business of real estate construction.[1]
Key Points
- Market Cap ₹ 29.2 Cr.
- Current Price ₹ 17.2
- High / Low ₹ 47.0 / 15.4
- Stock P/E 9.58
- Book Value ₹ 48.4
- Dividend Yield 0.00 %
- ROCE 3.78 %
- ROE 2.74 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.36 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.12% over last 3 years.
- Earnings include an other income of Rs.5.73 Cr.
- Working capital days have increased from 3,89,090 days to 8,25,630 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.00 | 25.16 | -0.01 | 48.44 | 9.00 | 7.00 | 3.56 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | 0.00 | |
| 3.56 | 20.34 | 2.01 | 18.47 | 3.47 | 3.05 | 2.51 | 22.19 | 3.23 | 2.53 | 1.62 | 1.65 | 1.68 | |
| Operating Profit | 1.44 | 4.82 | -2.02 | 29.97 | 5.53 | 3.95 | 1.05 | -22.20 | -3.25 | -2.54 | -1.63 | -1.66 | -1.68 |
| OPM % | 28.80% | 19.16% | 61.87% | 61.44% | 56.43% | 29.49% | |||||||
| 1.91 | 3.33 | 3.45 | 4.58 | 0.53 | 0.55 | 0.60 | 1.28 | -0.82 | 3.75 | 3.11 | 4.75 | 5.73 | |
| Interest | 0.52 | 0.00 | 0.00 | 0.03 | 0.02 | 0.00 | 0.00 | 0.13 | 0.16 | 0.16 | 0.38 | 0.03 | 0.38 |
| Depreciation | 0.27 | 0.15 | 0.14 | 0.15 | 0.15 | 0.08 | 0.08 | 0.08 | 0.32 | 0.40 | 0.40 | 0.10 | -0.15 |
| Profit before tax | 2.56 | 8.00 | 1.29 | 34.37 | 5.89 | 4.42 | 1.57 | -21.13 | -4.55 | 0.65 | 0.70 | 2.96 | 3.82 |
| Tax % | -52.73% | 48.62% | 54.26% | 37.01% | 19.86% | 31.00% | 1.27% | -1.33% | 0.44% | -956.92% | 31.43% | 26.69% | |
| 3.91 | 4.10 | 0.59 | 21.65 | 4.72 | 3.05 | 1.55 | -20.85 | -4.57 | 6.87 | 0.47 | 2.17 | 3.05 | |
| EPS in Rs | 1.96 | 2.42 | 0.35 | 12.76 | 2.78 | 1.80 | 0.91 | -12.29 | -2.69 | 4.05 | 0.28 | 1.28 | 1.80 |
| Dividend Payout % | 0.00% | 41.41% | 287.80% | 7.84% | 35.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -21% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 9% |
| 3 Years: | 34% |
| TTM: | 67% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 16% |
| 3 Years: | 23% |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -4% |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 |
| Reserves | 64.37 | 61.96 | 60.51 | 79.57 | 84.26 | 85.63 | 87.25 | 66.48 | 62.00 | 68.97 | 69.48 | 71.67 | 73.72 |
| 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.82 | 0.00 | 0.00 | 8.39 | |
| 6.77 | 14.14 | 13.10 | 11.28 | 7.91 | 6.04 | 3.69 | 2.63 | 3.27 | 2.75 | 2.55 | 2.16 | 1.11 | |
| Total Liabilities | 81.14 | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 82.32 | 91.71 |
| 2.21 | 1.99 | 2.04 | 2.01 | 1.90 | 1.92 | 1.81 | 1.74 | 2.53 | 2.11 | 1.70 | 1.60 | 1.37 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 30.75 | 30.75 | 30.75 | 30.20 | 30.18 | 30.14 | 30.11 | 46.56 | 30.10 | 30.10 | 30.10 | 30.10 | 30.10 |
| 48.18 | 51.85 | 49.36 | 67.13 | 68.58 | 68.10 | 67.51 | 29.30 | 41.13 | 53.82 | 48.72 | 50.62 | 60.24 | |
| Total Assets | 81.14 | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 82.32 | 91.71 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.27 | 6.11 | -4.76 | -5.54 | 2.02 | 1.44 | -0.51 | 1.05 | -1.02 | -0.58 | -4.39 | -4.72 | |
| 0.79 | 3.32 | 3.26 | 7.72 | 0.32 | 0.43 | 0.47 | 0.53 | -0.26 | 1.61 | 3.11 | 4.75 | |
| -2.32 | -5.91 | -1.99 | -2.09 | -1.70 | -2.04 | 0.00 | 0.00 | -0.15 | -0.16 | -0.37 | -0.03 | |
| Net Cash Flow | -0.26 | 3.52 | -3.50 | 0.08 | 0.65 | -0.17 | -0.03 | 1.58 | -1.43 | 0.87 | -1.65 | 0.00 |
| Free Cash Flow | 0.52 | 6.10 | -4.95 | -5.65 | 1.98 | 1.33 | -0.48 | 1.04 | -2.14 | -0.58 | -4.39 | -4.72 |
| CFO/OP | 88% | 127% | 236% | 13% | 86% | 58% | -35% | -5% | 29% | 21% | 251% | 273% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 12.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 5,051.13 | 457.96 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Days Payable | 68.29 | 3.79 | ||||||||||
| Cash Conversion Cycle | 4,995.25 | 454.16 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 2,349.14 | 359.92 | 927,830.00 | -52.37 | -131.81 | -65.70 | -155.84 | -20,440.00 | -18,980.00 | -248,565.00 | 590,205.00 | 825,630.00 |
| ROCE % | 4.79% | 11.05% | 1.85% | 43.79% | 6.54% | 4.73% | 1.49% | -23.22% | -6.65% | 1.05% | 1.34% | 3.78% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory (Work-in-Progress/Land) Rs. in Thousands |
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| Capital Work-in-Progress (Consolidated) Rs. in Thousands |
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| Number of Employees on Payroll Number |
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| Mumbai Real Estate Market Units Sold (Contextual) Number of Units |
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Documents
Announcements
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Closure of Trading Window
28 Mar - Trading window closed from 01 April 2026 until 48 hours after audited results announcement for quarter/year ended 31 March 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Submission of Newspaper clipping for Un-Audited financials results.
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Unaudited Financial Results Standalone And Consolidated For The Quarter Ended 31St December, 2025
12 Feb - Approved unaudited standalone and consolidated results for quarter/nine months ended 31-Dec-2025; limited review reports.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 12Th February, 2026
12 Feb - Board approved unaudited standalone and consolidated results for quarter/nine months ended 31 Dec 2025.
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Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of : 1. The Un-Audited Financial Results (Standalone And Consolidated) Along With Limited Review Report For The Quarter Ended 31St Dec, 2025. 2. Any Other Agenda With The Permission Of Chair.
5 Feb - Board meeting 12 Feb 2026 to approve Unaudited Q2 results (31 Dec 2025); trading window closed until 48 hours post-disclosure.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
PPDCL operates in a single business segment of property development. It builds high-end urban properties having projects located mainly in the Western suburbs of Mumbai, from Bandra to
Goregaon. The company's property development is broadly classified into categories comprising the residential apartments, celebrity houses, commercial properties and malls.