Prime Property Development Corporation Ltd
Incorporated in 1992, Prime Property Development Corporation Ltd is in the business of real estate construction.[1]
- Market Cap ₹ 43.3 Cr.
- Current Price ₹ 25.5
- High / Low ₹ 35.6 / 15.4
- Stock P/E 721
- Book Value ₹ 49.3
- Dividend Yield 0.00 %
- ROCE 5.72 %
- ROE 3.36 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.54 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 2.26% over last 3 years.
- Earnings include an other income of Rs.5.87 Cr.
- Company's cost of borrowing seems high
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25.16 | -0.01 | 48.44 | 9.00 | 7.00 | 3.56 | -0.01 | -0.02 | -0.01 | -0.01 | -0.01 | -0.03 | 5.51 | |
| 20.34 | 2.01 | 18.47 | 3.47 | 3.05 | 2.51 | 22.19 | 3.23 | 2.53 | 1.62 | 1.65 | 1.71 | 9.41 | |
| Operating Profit | 4.82 | -2.02 | 29.97 | 5.53 | 3.95 | 1.05 | -22.20 | -3.25 | -2.54 | -1.63 | -1.66 | -1.74 | -3.90 |
| OPM % | 19.16% | 61.87% | 61.44% | 56.43% | 29.49% | -70.78% | |||||||
| 3.33 | 3.45 | 4.58 | 0.53 | 0.55 | 0.60 | 1.28 | -0.82 | 3.75 | 3.11 | 4.75 | 7.00 | 5.87 | |
| Interest | 0.00 | 0.00 | 0.03 | 0.02 | 0.00 | 0.00 | 0.13 | 0.16 | 0.16 | 0.38 | 0.03 | 0.64 | 0.68 |
| Depreciation | 0.15 | 0.14 | 0.15 | 0.15 | 0.08 | 0.08 | 0.08 | 0.32 | 0.40 | 0.40 | 0.10 | 0.06 | 0.08 |
| Profit before tax | 8.00 | 1.29 | 34.37 | 5.89 | 4.42 | 1.57 | -21.13 | -4.55 | 0.65 | 0.70 | 2.96 | 4.56 | 1.21 |
| Tax % | 48.62% | 54.26% | 37.01% | 19.86% | 31.00% | 1.27% | -1.33% | 0.44% | -956.92% | 31.43% | 26.69% | 25.66% | |
| 4.10 | 0.59 | 21.65 | 4.72 | 3.05 | 1.55 | -20.85 | -4.57 | 6.87 | 0.47 | 2.17 | 3.39 | 0.06 | |
| EPS in Rs | 2.42 | 0.35 | 12.76 | 2.78 | 1.80 | 0.91 | -12.29 | -2.69 | 4.05 | 0.28 | 1.28 | 2.00 | 0.04 |
| Dividend Payout % | 41.41% | 287.80% | 7.84% | 35.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 25% |
| 3 Years: | 44% |
| TTM: | 200% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 16% |
| 3 Years: | -26% |
| TTM: | -98% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 12% |
| 3 Years: | 9% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 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 | 61.96 | 60.51 | 79.57 | 84.26 | 85.63 | 87.25 | 66.48 | 62.00 | 68.97 | 69.48 | 71.67 | 75.19 |
| 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.82 | 0.00 | 0.23 | 0.05 | |
| 14.14 | 13.10 | 11.28 | 7.91 | 6.04 | 3.69 | 2.63 | 3.27 | 2.75 | 2.55 | 1.94 | 1.55 | |
| Total Liabilities | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 82.33 | 85.28 |
| 1.99 | 2.04 | 2.01 | 1.90 | 1.92 | 1.81 | 1.74 | 2.53 | 2.11 | 1.70 | 1.60 | 31.02 | |
| 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 |
| Investments | 30.75 | 30.75 | 30.20 | 30.18 | 30.14 | 30.11 | 46.56 | 30.10 | 30.10 | 30.10 | 30.10 | 30.10 |
| 51.85 | 49.36 | 67.13 | 68.58 | 68.10 | 67.51 | 29.30 | 41.13 | 53.82 | 48.72 | 50.63 | 24.16 | |
| Total Assets | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 82.33 | 85.28 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.11 | -4.76 | -5.54 | 2.02 | 1.44 | -0.51 | 1.05 | -1.02 | -0.58 | -4.39 | -4.72 | 26.68 | |
| 3.32 | 3.26 | 7.72 | 0.32 | 0.43 | 0.47 | 0.53 | -0.26 | 1.61 | 3.11 | 4.75 | -21.97 | |
| -5.91 | -1.99 | -2.09 | -1.70 | -2.04 | 0.00 | 0.00 | -0.15 | -0.16 | -0.37 | -0.03 | -0.64 | |
| Net Cash Flow | 3.52 | -3.50 | 0.08 | 0.65 | -0.17 | -0.03 | 1.58 | -1.43 | 0.87 | -1.65 | 0.00 | 4.07 |
| Free Cash Flow | 6.10 | -4.95 | -5.65 | 1.98 | 1.33 | -0.48 | 1.04 | -2.14 | -0.58 | -4.39 | -4.72 | 26.68 |
| CFO/OP | 127% | 236% | 13% | 86% | 58% | -35% | -5% | 29% | 21% | 251% | 273% | -1,536% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 457.96 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Days Payable | 3.79 | |||||||||||
| Cash Conversion Cycle | 454.16 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 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 | 82,733.33 |
| ROCE % | 11.05% | 1.85% | 43.79% | 6.54% | 4.73% | 1.49% | -23.22% | -6.65% | 1.05% | 1.34% | 3.78% | 5.72% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Construction in Progress (Capital WIP + Inventory WIP) ₹ Lakhs |
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| Project Sales Volume (Revenue from Operations) ₹ Lakhs |
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| Land Bank (Inventory - Land) ₹ Lakhs |
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| Advance Bookings from Customers ₹ Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- AGM on 30 Sep 2026 approved director regularisation and reappointments of Manish and Vishal Soni.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Submission Of Voting Results Under Regulation 44 For The AGM Held On 30.09.2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Closure of Trading Window
- Trading window closed from 1 October 2026 until 48 hours after Q2 FY2027 results.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
from bse
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
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.