Parshva Enterprises Ltd
Incorporated in 2017, Parshva Enterprises
Ltd is in the business of buying and selling
of Diamonds[1]
- Market Cap ₹ 243 Cr.
- Current Price ₹ 239
- High / Low ₹ 314 / 150
- Stock P/E 1,014
- Book Value ₹ 13.5
- Dividend Yield 0.00 %
- ROCE 3.05 %
- 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 17.7 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.
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 | |
---|---|---|---|---|---|---|---|---|
4.76 | 7.09 | 10.04 | 10.31 | 13.51 | 18.29 | 25.12 | 24.77 | |
4.69 | 6.68 | 9.57 | 10.00 | 13.10 | 17.83 | 24.61 | 24.18 | |
Operating Profit | 0.07 | 0.41 | 0.47 | 0.31 | 0.41 | 0.46 | 0.51 | 0.59 |
OPM % | 1.47% | 5.78% | 4.68% | 3.01% | 3.03% | 2.52% | 2.03% | 2.38% |
0.01 | 0.04 | -0.13 | 0.02 | 0.00 | -0.01 | -0.01 | -0.04 | |
Interest | 0.00 | 0.00 | 0.03 | 0.03 | 0.06 | 0.11 | 0.12 | 0.11 |
Depreciation | 0.02 | 0.05 | 0.08 | 0.07 | 0.06 | 0.05 | 0.04 | 0.15 |
Profit before tax | 0.06 | 0.40 | 0.23 | 0.23 | 0.29 | 0.29 | 0.34 | 0.29 |
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 | |
EPS in Rs | 0.07 | 0.45 | 0.18 | 0.18 | 0.21 | 0.21 | 0.26 | 0.21 |
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: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | 3% |
TTM: | -11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -6% |
1 Year: | 45% |
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 | 0.00 | 0.02 |
1.93 | 3.31 | 7.15 | 8.19 | 11.42 | 11.49 | 16.41 | 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 | 0.00 | 33.36 | |
Cash Conversion Cycle | 72.36 | 150.29 | 202.73 | 232.68 | 123.20 | 203.02 | 158.27 | 82.02 |
Working Capital Days | 128.82 | 161.65 | 253.39 | 284.64 | 296.65 | 224.11 | 205.17 | 207.18 |
ROCE % | 14.52% | 8.22% | 3.61% | 3.79% | 3.62% | 3.63% | 3.05% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 May - Find Copies of Advertisement of Notice convening the meeting of Equity Shareholders of the Parshva Enterprises Ltd (''Demerged Company'') published on 17th May, 2025, in …
- NCLT Convened Meeting Of Equity Shareholders Of The Company To Be Held On 20Th June, 2025 16 May
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Newspaper Publication as per Reg 47 and 30 of SEBI LODR is attached herewith.
-
Results - For The Quarter And Year Ended 31.03.2025
6 May - Audited Q4 and FY25 financials approved; director re-appointed; secretarial auditor appointed, subject to AGM approval.
-
Board Meeting Outcome for Outcome Of Board Meeting Held 6Th May, 2025
6 May - Approved audited FY25 financials; re-appointed whole-time director; appointed secretarial auditor; unmodified audit opinion.
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