Pansari Developers Ltd
Incorporated in 1996, Pansari Developers Ltd is in the business of construction and real estate development of residential and commercial projects[1]
- Market Cap ₹ 470 Cr.
- Current Price ₹ 270
- High / Low ₹ 289 / 115
- Stock P/E 44.0
- Book Value ₹ 76.9
- Dividend Yield 0.00 %
- ROCE 7.00 %
- ROE 5.75 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 25.0% CAGR over last 5 years
Cons
- Stock is trading at 3.50 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.94% over past five years.
- Company has a low return on equity of 3.88% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
16 | 10 | 7 | 3 | 6 | 13 | 35 | 27 | 36 | 22 | 53 | 36 | 47 | |
8 | 6 | 4 | 2 | 4 | 9 | 28 | 20 | 30 | 18 | 46 | 24 | 31 | |
Operating Profit | 8 | 4 | 2 | 1 | 2 | 4 | 6 | 6 | 6 | 4 | 7 | 12 | 16 |
OPM % | 49% | 43% | 33% | 21% | 35% | 32% | 19% | 24% | 17% | 18% | 13% | 34% | 34% |
2 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | |
Interest | 1 | 1 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 0 | 4 | 4 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 9 | 6 | 3 | 2 | 4 | 2 | 4 | 5 | 5 | 3 | 6 | 10 | 14 |
Tax % | 5% | 9% | 19% | 24% | 22% | 21% | 27% | 17% | 22% | 24% | 15% | 25% | |
8 | 5 | 3 | 1 | 3 | 2 | 3 | 4 | 4 | 2 | 5 | 8 | 11 | |
EPS in Rs | 39.42 | 23.60 | 12.36 | 0.71 | 1.85 | 1.12 | 1.58 | 2.16 | 2.09 | 1.15 | 2.99 | 4.30 | 6.13 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 1% |
3 Years: | 0% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 25% |
3 Years: | 27% |
TTM: | 101% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 65% |
3 Years: | 28% |
1 Year: | 103% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 2 | 2 | 2 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 33 | 38 | 38 | 35 | 38 | 40 | 42 | 93 | 102 | 104 | 109 | 117 |
7 | 9 | 15 | 47 | 43 | 47 | 50 | 39 | 37 | 60 | 64 | 72 | |
35 | 54 | 67 | 67 | 74 | 86 | 59 | 54 | 42 | 74 | 67 | 99 | |
Total Liabilities | 77 | 103 | 122 | 166 | 172 | 189 | 168 | 205 | 198 | 255 | 258 | 305 |
1 | 1 | 1 | 12 | 23 | 25 | 32 | 77 | 75 | 74 | 93 | 90 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 11 | 11 | 12 | 0 | 0 | 0 | 1 | 3 | 9 | 9 | 9 | 9 |
65 | 91 | 110 | 154 | 148 | 164 | 136 | 125 | 114 | 172 | 156 | 207 | |
Total Assets | 77 | 103 | 122 | 166 | 172 | 189 | 168 | 205 | 198 | 255 | 258 | 305 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 1 | 9 | -41 | 8 | 6 | 6 | 18 | 4 | -16 | 9 | -13 | |
-1 | -0 | -13 | 0 | 2 | -4 | -5 | -3 | 0 | -6 | -9 | 8 | |
0 | 0 | 4 | 40 | -10 | -2 | -2 | -14 | -5 | 22 | 0 | 4 | |
Net Cash Flow | 1 | 1 | 1 | -1 | 0 | 0 | -0 | 1 | -1 | -0 | 0 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 43 | 76 | 165 | 871 | 242 | 188 | 39 | 80 | 23 | 59 | 32 | 2 |
Inventory Days | 1,858 | 3,098 | 3,093 | |||||||||
Days Payable | 22 | 32 | 146 | |||||||||
Cash Conversion Cycle | 43 | 76 | 165 | 871 | 242 | 188 | 39 | 1,915 | 3,090 | 59 | 2,979 | 2 |
Working Capital Days | 983 | 1,574 | 2,339 | 4,628 | 2,449 | 1,566 | 555 | 714 | 432 | 829 | 616 | 406 |
ROCE % | 22% | 13% | 6% | 2% | 5% | 4% | 5% | 5% | 3% | 2% | 5% | 7% |
Documents
Announcements
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Updates
2 September 2025 - Dispatched AGM notice and FY2024-25 annual report to members; letters sent to shareholders without registered emails.
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Copy of Newspaper Publication
2 September 2025 - SARFAESI possession INR21.48L (30 Aug 2025); Can Fin sale INR21.54L (06 Oct 2025); Sky Gold AGM 27 Sep 2025.
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Shareholders meeting
1 September 2025 - AGM on 23 Sep 2025: approve Rs.500 Cr Section 186 limit and material RPTs up to Rs.1,000 Cr.
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Copy of Newspaper Publication
13 August 2025 - Pansari Developers published Q1 FY2025 unaudited standalone financial results on 13 Aug 2025.
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Outcome of Board Meeting
12 August 2025 - Q1 FY26 unaudited results approved; statutory auditor re-appointed; AGM on 23 Sept 2025 announced.
Business Overview:[1]
PDL is an integrated construction and real estate development company focused primarily on constructing and developing residential and commercial projects in and around Kolkata. Company's residential portfolio covers projects catering to customers across all income groups