Parshva Enterprises Ltd

Parshva Enterprises Ltd

₹ 218 -0.46%
26 Apr - close price
About

Incorporated in 2017, Parshva Enterprises
Ltd is in the business of buying and selling
of Diamonds[1]

Key Points

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

  • Market Cap 219 Cr.
  • Current Price 218
  • High / Low 269 / 144
  • Stock P/E 782
  • Book Value 13.5
  • Dividend Yield 0.00 %
  • ROCE 3.78 %
  • ROE 2.33 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 16.2 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 2.31% over last 3 years.

* 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
10.04 1.69 4.64 3.69 3.49 4.30 3.96 4.75 5.28 4.55 5.55 6.36 8.66
9.58 1.61 4.54 3.59 3.39 4.16 3.88 4.64 5.17 4.45 5.42 6.21 8.50
Operating Profit 0.46 0.08 0.10 0.10 0.10 0.14 0.08 0.11 0.11 0.10 0.13 0.15 0.16
OPM % 4.58% 4.73% 2.16% 2.71% 2.87% 3.26% 2.02% 2.32% 2.08% 2.20% 2.34% 2.36% 1.85%
-0.13 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.03
Interest 0.02 0.01 0.01 0.01 0.01 0.03 0.02 0.03 0.02 0.03 0.03 0.03 0.03
Depreciation 0.08 0.03 0.03 0.01 0.01 0.04 0.00 0.00 0.00 0.01 0.01 0.01 0.02
Profit before tax 0.23 0.05 0.07 0.08 0.08 0.07 0.06 0.08 0.09 0.06 0.09 0.11 0.08
Tax % 26.09% 40.00% 28.57% 25.00% 25.00% 28.57% 16.67% 25.00% 22.22% 33.33% 22.22% 27.27% 25.00%
0.17 0.04 0.05 0.06 0.06 0.05 0.04 0.06 0.07 0.05 0.07 0.08 0.06
EPS in Rs 0.18 0.04 0.05 0.06 0.06 0.05 0.04 0.06 0.07 0.05 0.07 0.08 0.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4.76 7.09 10.04 10.31 13.51 18.29 25.12
4.69 6.68 9.57 10.00 13.10 17.83 24.59
Operating Profit 0.07 0.41 0.47 0.31 0.41 0.46 0.53
OPM % 1.47% 5.78% 4.68% 3.01% 3.03% 2.52% 2.11%
0.01 0.04 -0.13 0.02 0.00 -0.01 -0.03
Interest 0.00 0.00 0.03 0.03 0.06 0.11 0.12
Depreciation 0.02 0.05 0.08 0.07 0.06 0.05 0.04
Profit before tax 0.06 0.40 0.23 0.23 0.29 0.29 0.34
Tax % 33.33% 27.50% 26.09% 26.09% 27.59% 27.59% 23.53%
0.04 0.30 0.17 0.17 0.21 0.21 0.26
EPS in Rs 0.07 0.45 0.18 0.18 0.21 0.21 0.26
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 29%
3 Years: 35%
TTM: 37%
Compounded Profit Growth
10 Years: %
5 Years: -1%
3 Years: 16%
TTM: 27%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 25%
Return on Equity
10 Years: %
5 Years: 3%
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
Equity Capital 2.00 2.20 3.01 3.01 10.05 10.05 10.19
Reserves 0.04 1.04 4.05 4.21 0.23 0.45 3.36
0.00 0.23 0.18 1.06 0.97 0.93 0.94
0.02 0.11 0.10 0.10 0.33 0.18 2.14
Total Liabilities 2.06 3.58 7.34 8.38 11.58 11.61 16.63
0.13 0.27 0.19 0.19 0.16 0.12 0.22
CWIP 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 0.04
1.93 3.31 7.15 8.19 11.42 11.49 16.37
Total Assets 2.06 3.58 7.34 8.38 11.58 11.61 16.63

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-1.59 -1.37 -2.35 -0.09 -3.41 0.06 1.67
-0.17 0.01 -1.24 0.01 0.36 -0.01 -4.15
2.00 0.90 3.65 -0.03 2.80 -0.10 2.68
Net Cash Flow 0.24 -0.46 0.05 -0.10 -0.25 -0.05 0.19

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00 21.81 65.49 123.20 114.35 116.53
Inventory Days 72.36 150.29 180.92 167.18 1,477.55 41.74
Days Payable 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 72.36 150.29 202.73 232.68 123.20 1,591.90 158.27
Working Capital Days 128.82 161.65 253.39 284.64 296.65 223.91 205.17
ROCE % 14.52% 8.22% 3.61% 3.79% 3.62%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.09% 73.09% 73.09% 73.90% 73.97% 74.53% 74.53% 74.53% 74.63% 74.69% 74.71% 74.74%
26.91% 26.91% 26.91% 26.10% 26.03% 25.47% 25.47% 25.47% 25.37% 25.31% 25.29% 25.27%
No. of Shareholders 69686973363340335578546537552569

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