Prime Property Development Corporation Ltd
₹ 38.0
-0.60%
10 Jun
- close price
About
Incorporated in 1992, Prime Property Development Corporation Ltd is engaged in the business of real estate, property development and investment & trading in securities.
Key Points
- Market Cap ₹ 64.5 Cr.
- Current Price ₹ 38.0
- High / Low ₹ 47.9 / 26.0
- Stock P/E 24.0
- Book Value ₹ 47.4
- Dividend Yield 0.00 %
- ROCE 6.14 %
- ROE 3.40 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.80 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 6.94% over last 3 years.
- Earnings include an other income of Rs.2.85 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.00 | 25.16 | -0.01 | 48.44 | 9.00 | 7.00 | 3.56 | -0.01 | -0.02 | -0.01 | 55.63 | 7.81 | |
| 3.62 | 23.24 | 2.10 | 18.65 | 3.57 | 3.16 | 2.61 | 22.37 | 3.42 | 2.74 | 46.94 | 5.70 | |
| Operating Profit | 1.38 | 1.92 | -2.11 | 29.79 | 5.43 | 3.84 | 0.95 | -22.38 | -3.44 | -2.75 | 8.69 | 2.11 |
| OPM % | 27.60% | 7.63% | 61.50% | 60.33% | 54.86% | 26.69% | 15.62% | 27.02% | ||||
| 1.91 | 3.33 | 3.45 | 4.58 | 0.53 | 0.55 | 0.60 | 1.28 | -0.82 | 3.30 | 0.99 | 2.85 | |
| Interest | 0.52 | 0.01 | 0.02 | 0.06 | 0.04 | 0.06 | 0.07 | 0.20 | 0.27 | 0.17 | 0.38 | 0.03 |
| 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 |
| Profit before tax | 2.50 | 5.09 | 1.18 | 34.16 | 5.77 | 4.25 | 1.40 | -21.38 | -4.85 | -0.02 | 8.90 | 4.83 |
| Tax % | -49.60% | 76.42% | 61.86% | 37.24% | 20.45% | 32.24% | 1.43% | -1.31% | 0.41% | -31,100.00% | 26.85% | 44.31% |
| 3.74 | 1.20 | 0.45 | 21.44 | 4.58 | 2.88 | 1.37 | -21.10 | -4.87 | 6.19 | 6.51 | 2.69 | |
| EPS in Rs | 1.87 | 0.71 | 0.27 | 12.63 | 2.70 | 1.70 | 0.81 | -12.43 | -2.87 | 3.65 | 3.84 | 1.59 |
| Dividend Payout % | 0.00% | 141.50% | 377.33% | 7.92% | 37.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | 17% |
| 3 Years: | % |
| TTM: | -86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 16% |
| 3 Years: | 36% |
| TTM: | -59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 33% |
| 3 Years: | 41% |
| 1 Year: | 34% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -3% |
| 3 Years: | 7% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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 |
| Reserves | 63.12 | 57.79 | 56.20 | 75.04 | 79.60 | 80.80 | 82.24 | 61.22 | 56.44 | 62.73 | 69.29 | 72.00 |
| 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.82 | 0.00 | 0.00 | |
| 6.77 | 14.15 | 13.11 | 11.29 | 7.88 | 6.03 | 3.68 | 2.62 | 3.27 | 3.77 | 4.20 | 17.05 | |
| Total Liabilities | 79.89 | 80.43 | 77.85 | 94.82 | 95.97 | 95.32 | 94.41 | 72.33 | 68.20 | 80.81 | 81.98 | 97.54 |
| 31.11 | 28.14 | 28.19 | 28.16 | 28.05 | 28.07 | 27.96 | 27.89 | 28.68 | 4.45 | 4.05 | 3.95 | |
| CWIP | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.26 | 10.30 | 10.55 | 0.00 | 0.00 | 0.00 |
| Investments | 0.65 | 0.65 | 0.65 | 0.10 | 0.08 | 0.04 | 0.01 | 16.46 | 0.00 | 0.00 | 0.00 | 0.00 |
| 37.87 | 41.38 | 38.75 | 56.30 | 57.58 | 56.95 | 56.18 | 17.68 | 28.97 | 76.36 | 77.93 | 93.59 | |
| Total Assets | 79.89 | 80.43 | 77.85 | 94.82 | 95.97 | 95.32 | 94.41 | 72.33 | 68.20 | 80.81 | 81.98 | 97.54 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8.54 | 6.11 | -4.77 | 1.13 | 2.02 | 1.44 | -0.51 | 1.05 | -1.02 | -0.07 | -1.66 | 3.97 | |
| 0.11 | 3.32 | 3.26 | 0.94 | 0.32 | 0.43 | 0.47 | 0.53 | -0.26 | 1.15 | 0.98 | 2.85 | |
| -8.90 | -5.91 | -1.99 | -2.04 | -1.70 | -2.04 | 0.00 | 0.00 | -0.15 | -0.16 | -0.37 | -0.03 | |
| Net Cash Flow | -0.25 | 3.52 | -3.50 | 0.02 | 0.65 | -0.18 | -0.04 | 1.58 | -1.43 | 0.92 | -1.05 | 6.79 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | -1,929,755.00 | 5,508.29 | ||||
| Days Payable | 70.65 | 4.17 | 36.86 | |||||||||
| Cash Conversion Cycle | 4,992.89 | 453.78 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1,929,755.00 | 0.00 | 5,471.43 |
| Working Capital Days | 2,349.14 | 359.92 | 927,100.00 | -52.44 | -130.99 | -64.66 | -154.82 | -20,440.00 | -19,345.00 | 1,856,390.00 | 363.36 | 2,577.43 |
| ROCE % | 4.57% | 7.32% | 1.83% | 46.16% | 6.77% | 4.86% | 1.46% | -24.93% | -7.47% | 0.21% | 11.99% | 6.14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Submission of Newspaper Clipping - Transfer of Share to IEPF Account published on 07.06.2025
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Submission of Newspaper Clipping of Extracts of Audited Standalone and Consolidated Financials Results for the quarter and year ended 31st March 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Approved audited FY25 results; appointed internal and secretarial auditors for FY26 onwards.
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Audited Financial Results Standalone And Consolidated Of Quarter And Year Ended 31St March 2025
30 May - Audited FY25 results approved; clean audit opinion; appointed internal and secretarial auditors for FY26-FY30.
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Board Meeting Outcome for Outcome Of Board Meeting
30 May - Approved audited FY25 financial results; appointed internal and secretarial auditors for FY26 onwards.
Annual reports
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Financial Year 2024
from bse
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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
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Financial Year 2010
from bse
Business Overview:[1]
Company's area of operation is mainly the Western suburbs of Mumbai. Identifying and developing stand alone buildings in the luxurious and semi-luxurious segment is the specialization of company.