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 ₹ 523 Cr.
- Current Price ₹ 300
- High / Low ₹ 389 / 233
- Stock P/E 26.5
- Book Value ₹ 88.4
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.5% CAGR over last 5 years
- Debtor days have improved from 58.4 to 17.4 days.
Cons
- Stock is trading at 3.40 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 8.14% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.19.5 Cr.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 7 | 3 | 6 | 10 | 35 | 36 | 60 | 23 | 56 | 40 | 96 | 93 | |
| 6 | 4 | 1 | 3 | 8 | 28 | 27 | 53 | 18 | 49 | 27 | 81 | 80 | |
| Operating Profit | 4 | 3 | 2 | 3 | 2 | 7 | 9 | 8 | 5 | 7 | 13 | 15 | 13 |
| OPM % | 43% | 45% | 58% | 55% | 18% | 21% | 25% | 13% | 20% | 13% | 32% | 15% | 14% |
| 2 | 1 | 1 | 3 | 4 | 1 | 1 | 0 | 1 | 5 | 5 | 18 | 20 | |
| Interest | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 1 | 1 | 4 | 4 | 5 | 4 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 2 |
| Profit before tax | 6 | 3 | 2 | 4 | 2 | 4 | 5 | 5 | 3 | 6 | 10 | 26 | 26 |
| Tax % | 9% | 19% | 24% | 22% | 21% | 27% | 24% | 25% | 26% | 16% | 25% | 24% | |
| 5 | 3 | 1 | 3 | 2 | 3 | 4 | 4 | 2 | 5 | 8 | 20 | 20 | |
| EPS in Rs | 23.60 | 12.36 | 0.71 | 1.85 | 1.12 | 1.58 | 2.16 | 2.09 | 1.15 | 2.99 | 4.30 | 11.40 | 11.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 22% |
| 3 Years: | 62% |
| TTM: | 142% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 40% |
| 3 Years: | 118% |
| TTM: | 166% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 41% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 6% |
| 3 Years: | 8% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 38 | 38 | 35 | 38 | 40 | 42 | 93 | 102 | 104 | 109 | 117 | 137 |
| 10 | 17 | 59 | 64 | 70 | 74 | 62 | 54 | 81 | 86 | 101 | 100 | |
| 54 | 71 | 74 | 82 | 96 | 74 | 73 | 47 | 84 | 114 | 175 | 230 | |
| Total Liabilities | 104 | 129 | 185 | 201 | 223 | 208 | 246 | 220 | 287 | 327 | 411 | 484 |
| 1 | 1 | 12 | 23 | 25 | 32 | 77 | 75 | 74 | 93 | 92 | 86 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 11 | 0 | 0 | 0 | 1 | 3 | 9 | 9 | 9 | 9 | 13 |
| 92 | 116 | 173 | 178 | 198 | 175 | 166 | 137 | 203 | 225 | 310 | 385 | |
| Total Assets | 104 | 129 | 185 | 201 | 223 | 208 | 246 | 220 | 287 | 327 | 411 | 484 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -15 | -29 | 9 | 4 | 5 | 20 | 10 | -22 | 11 | -16 | -9 | |
| -0 | 9 | -22 | -11 | -4 | -5 | -4 | 0 | -5 | -10 | 5 | 15 | |
| -1 | 7 | 51 | 2 | -1 | 0 | -15 | -11 | 27 | 0 | 11 | -5 | |
| Net Cash Flow | 1 | 1 | -1 | 0 | 0 | -0 | 1 | -1 | -0 | 2 | -0 | 1 |
| Free Cash Flow | 1 | -16 | -29 | -5 | 4 | -6 | 19 | 10 | -23 | -0 | -18 | -13 |
| CFO/OP | 109% | -510% | -1,686% | 286% | 283% | 79% | 228% | 144% | -438% | 167% | -110% | -21% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 76 | 217 | 963 | 242 | 248 | 39 | 59 | 14 | 59 | 93 | 65 | 17 |
| Inventory Days | 1,917 | 764 | ||||||||||
| Days Payable | 24 | 10 | ||||||||||
| Cash Conversion Cycle | 76 | 217 | 963 | 242 | 248 | 39 | 1,952 | 768 | 59 | 93 | 65 | 17 |
| Working Capital Days | 1,953 | 2,873 | 5,096 | 2,451 | 2,086 | 553 | 502 | 240 | 584 | 133 | 299 | 178 |
| ROCE % | 7% | 3% | 5% | 4% | 5% | 6% | 4% | 2% | 5% | 6% | 12% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Land and Land Development Inventory Rs Lakhs ・Standalone data |
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| Site under Construction (WIP) Inventory Rs Lakhs ・Standalone data |
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| Stock of Residential Units Inventory Rs Lakhs ・Standalone data |
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| Sale of Land Revenue Rs Lakhs ・Standalone data |
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| Investment Property Value Rs Lakhs ・Standalone data |
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| Rent Received Rs Lakhs ・Standalone data |
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| Sale of Residential Units Rs Lakhs ・Standalone data |
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| Number of Permanent Employees count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- Board approved AGM notice, appointed three independent directors, new statutory auditor, committee changes, and director cessations.
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Copy of Newspaper Publication
- Published newspaper extract of unaudited standalone and consolidated Q1 FY2027 results on 14 August 2026.
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Outcome of Board Meeting
- Q1 FY27 results approved; statutory auditor resigned effective 14 August 2026.
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Reply to Clarification- Financial results
- Exchange had sought clarification from Pansari Developers Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Registrar confirms dematerialisation requests for quarter ended 30 June 2026 were processed and noted.
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