Parshva Enterprises Ltd
Incorporated in 2017, Parshva Enterprises
Ltd is in the business of buying and selling
of Diamonds[1]
- Market Cap ₹ 248 Cr.
- Current Price ₹ 243
- High / Low ₹ 286 / 150
- Stock P/E 1,031
- Book Value ₹ 13.5
- Dividend Yield 0.00 %
- ROCE 3.12 %
- ROE 1.76 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 90.9 to 41.7 days.
Cons
- Stock is trading at 18.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.02% over last 3 years.
- 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 9m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|
4.76 | 7.09 | 10.04 | 10.31 | 13.51 | 18.29 | 25.12 | 24.77 | 25.32 | |
4.69 | 6.68 | 9.57 | 10.00 | 13.10 | 17.83 | 24.61 | 24.17 | 24.77 | |
Operating Profit | 0.07 | 0.41 | 0.47 | 0.31 | 0.41 | 0.46 | 0.51 | 0.60 | 0.55 |
OPM % | 1.47% | 5.78% | 4.68% | 3.01% | 3.03% | 2.52% | 2.03% | 2.42% | 2.17% |
0.01 | 0.04 | -0.13 | 0.02 | 0.00 | -0.01 | -0.01 | -0.04 | 0.00 | |
Interest | 0.00 | 0.00 | 0.03 | 0.03 | 0.06 | 0.11 | 0.12 | 0.12 | 0.09 |
Depreciation | 0.02 | 0.05 | 0.08 | 0.07 | 0.06 | 0.05 | 0.04 | 0.15 | 0.14 |
Profit before tax | 0.06 | 0.40 | 0.23 | 0.23 | 0.29 | 0.29 | 0.34 | 0.29 | 0.32 |
Tax % | 33.33% | 27.50% | 26.09% | 26.09% | 27.59% | 27.59% | 23.53% | 24.14% | |
0.04 | 0.30 | 0.17 | 0.17 | 0.21 | 0.21 | 0.26 | 0.21 | 0.24 | |
EPS in Rs | 0.07 | 0.45 | 0.18 | 0.18 | 0.21 | 0.21 | 0.26 | 0.21 | 0.24 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 22% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | 3% |
TTM: | -23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 50% |
3 Years: | 12% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2.00 | 2.20 | 3.01 | 3.01 | 10.05 | 10.05 | 10.19 | 10.19 |
Reserves | 0.04 | 1.04 | 4.05 | 4.21 | 0.23 | 0.45 | 3.36 | 3.57 |
0.00 | 0.23 | 0.18 | 1.06 | 0.97 | 0.93 | 0.94 | 0.61 | |
0.02 | 0.11 | 0.10 | 0.10 | 0.33 | 0.18 | 2.14 | 2.36 | |
Total Liabilities | 2.06 | 3.58 | 7.34 | 8.38 | 11.58 | 11.61 | 16.63 | 16.73 |
0.13 | 0.27 | 0.19 | 0.19 | 0.16 | 0.12 | 0.22 | 0.20 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 |
1.93 | 3.31 | 7.15 | 8.19 | 11.42 | 11.49 | 16.39 | 16.51 | |
Total Assets | 2.06 | 3.58 | 7.34 | 8.38 | 11.58 | 11.61 | 16.63 | 16.73 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-1.59 | -1.37 | -2.35 | -0.09 | -3.41 | 0.06 | 1.67 | 3.35 | |
-0.17 | 0.01 | -1.24 | 0.01 | 0.36 | -0.01 | -4.15 | -3.41 | |
2.00 | 0.90 | 3.65 | -0.03 | 2.80 | -0.10 | 2.68 | -0.11 | |
Net Cash Flow | 0.24 | -0.46 | 0.05 | -0.10 | -0.25 | -0.05 | 0.19 | -0.16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 21.81 | 65.49 | 123.20 | 114.35 | 116.53 | 41.70 |
Inventory Days | 72.36 | 150.29 | 180.92 | 167.18 | 88.67 | 41.74 | 73.68 | |
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.05 | 33.36 | |
Cash Conversion Cycle | 72.36 | 150.29 | 202.73 | 232.68 | 123.20 | 203.02 | 128.22 | 82.02 |
Working Capital Days | 128.82 | 149.81 | 246.85 | 247.11 | 270.44 | 211.14 | 198.19 | 198.19 |
ROCE % | 14.52% | 8.22% | 3.61% | 3.79% | 3.62% | 3.63% | 3.12% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9 Sep
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
8 Sep - Simandhar Impex (wholly-owned subsidiary) appointed Mrs. Saloni Abhishek Shah as Company Secretary and KMP, effective 8 Sep 2025.
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
20 Aug - Aug 20, 2025: MD Prashant Vora appointed at subsidiary; Harsh Vora becomes non-exec; two independent directors; CFO appointed.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 20Th August, 2025 - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
20 Aug - Aug 20, 2025: Prashant Vora appointed MD of subsidiary; CFO appointed; two independent directors; Harsh Vora redesignated.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Jul - Newspaper Publication for Financial Results for the quarter ended 30.06.2025
Business Overview:[1]
PEL is in the business of cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery. It supplies polished diamonds to wholesalers, jewellery manufacturers, traders and retailers in India