Prime Property Development Corporation Ltd
Incorporated in 1992, Prime Property Development Corporation Ltd is engaged in the business of real estate, property development and investment & trading in securities.
- Market Cap ₹ 54.3 Cr.
- Current Price ₹ 32.0
- High / Low ₹ 37.8 / 13.4
- Stock P/E 4.07
- Book Value ₹ 44.2
- Dividend Yield 0.00 %
- ROCE 0.21 %
- ROE 9.09 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.72 times its book value
Cons
- Company has a low return on equity of -8.84% over last 3 years.
- Earnings include an other income of Rs.3.25 Cr.
- Working capital days have increased from 6,05,535 days to 18,56,390 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
Sector: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 104 | 5 | 25 | -0 | 48 | 9 | 7 | 4 | -0 | -0 | -0 | 35 | |
2 | 86 | 4 | 23 | 2 | 19 | 4 | 3 | 3 | 22 | 3 | 3 | 30 | |
Operating Profit | -2 | 18 | 1 | 2 | -2 | 30 | 5 | 4 | 1 | -22 | -3 | -3 | 5 |
OPM % | 17% | 28% | 8% | 62% | 60% | 55% | 27% | 14% | |||||
0 | 0 | 2 | 3 | 3 | 5 | 1 | 1 | 1 | 1 | -1 | 3 | 3 | |
Interest | 2 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -4 | 15 | 2 | 5 | 1 | 34 | 6 | 4 | 1 | -21 | -5 | -0 | 7 |
Tax % | 37% | 34% | -50% | 76% | 62% | 37% | 20% | 32% | 1% | 1% | -0% | 31,100% | |
-3 | 10 | 4 | 1 | 0 | 21 | 5 | 3 | 1 | -21 | -5 | 6 | 13 | |
EPS in Rs | -1.41 | 4.82 | 1.87 | 0.71 | 0.27 | 12.63 | 2.70 | 1.70 | 0.81 | -12.43 | -2.87 | 3.65 | 7.86 |
Dividend Payout % | -35% | 21% | 0% | 142% | 377% | 8% | 37% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -50% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 6% |
3 Years: | 70% |
TTM: | 609% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 8% |
3 Years: | 51% |
1 Year: | 120% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -4% |
3 Years: | -9% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
Reserves | 52 | 60 | 63 | 58 | 56 | 75 | 80 | 81 | 82 | 61 | 56 | 63 | 67 |
29 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | |
52 | 45 | 7 | 14 | 13 | 11 | 8 | 6 | 4 | 3 | 3 | 4 | 6 | |
Total Liabilities | 144 | 121 | 80 | 80 | 78 | 95 | 96 | 95 | 94 | 72 | 68 | 81 | 81 |
32 | 32 | 31 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 29 | 4 | 4 | |
CWIP | 28 | 31 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 0 | 0 |
Investments | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 16 | 0 | 0 | 0 |
83 | 57 | 38 | 41 | 39 | 56 | 58 | 57 | 56 | 18 | 29 | 76 | 77 | |
Total Assets | 144 | 121 | 80 | 80 | 78 | 95 | 96 | 95 | 94 | 72 | 68 | 81 | 81 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 19 | 9 | 6 | -5 | 1 | 2 | 1 | -1 | 1 | -1 | -0 | |
-8 | -4 | 0 | 3 | 3 | 1 | 0 | 0 | 0 | 1 | -0 | 1 | |
-7 | -15 | -9 | -6 | -2 | -2 | -2 | -2 | 0 | 0 | -0 | -0 | |
Net Cash Flow | 0 | 0 | -0 | 4 | -4 | 0 | 1 | -0 | -0 | 2 | -1 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 177 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Inventory Days | 0 | 5,051 | 458 | -459,170 | 0 | 0 | 0 | -1,929,755 | ||||
Days Payable | 71 | 4 | ||||||||||
Cash Conversion Cycle | 177 | 4,993 | 454 | -459,170 | 0 | 0 | 0 | 0 | 0 | 0 | -1,929,755 | |
Working Capital Days | 40 | 2,349 | 360 | 927,100 | -52 | -131 | -65 | -155 | -20,440 | -19,345 | 1,856,390 | |
ROCE % | -2% | 21% | 5% | 7% | 2% | 46% | 7% | 5% | 1% | -25% | -7% | 0% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 2d
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
- Compliance Under Reg 40(10) For The Year Ended 31St March,2024 2d
- Compliance Certificate Under Reg 7(3) For The Year Ended 31St March, 2024 2d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Submission of Certificate under Reg 74(5) of SEBI (DP) Regulations for the quarter ended 31st March,2024
Annual reports
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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
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Financial Year 2010
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Financial Year 2009
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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.