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 ₹ 444 Cr.
- Current Price ₹ 254
- High / Low ₹ 389 / 233
- Stock P/E 22.5
- Book Value ₹ 88.4
- Dividend Yield 0.00 %
- ROCE 7.18 %
- ROE 3.16 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 58.5 to 17.7 days.
Cons
- Stock is trading at 2.88 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 4.30% 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 | 94 | 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 | 13 | 13 |
| OPM % | 43% | 45% | 58% | 55% | 18% | 21% | 25% | 13% | 20% | 13% | 32% | 14% | 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 | 25 | 26 |
| Tax % | 9% | 19% | 24% | 22% | 21% | 27% | 24% | 25% | 26% | 16% | 25% | 25% | |
| 5 | 3 | 1 | 3 | 2 | 3 | 4 | 4 | 2 | 5 | 8 | 18 | 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 | 10.58 | 11.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 21% |
| 3 Years: | 61% |
| TTM: | 138% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 4% |
| 3 Years: | 33% |
| TTM: | -39% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 3% |
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% | -23% |
Ratios
Consolidated / 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 | 18 |
| Inventory Days | 1,917 | 764 | ||||||||||
| Days Payable | 24 | 10 | ||||||||||
| Cash Conversion Cycle | 76 | 217 | 963 | 242 | 248 | 39 | 1,952 | 768 | 59 | 93 | 65 | 18 |
| Working Capital Days | 1,953 | 2,873 | 5,096 | 2,451 | 2,086 | 553 | 502 | 240 | 584 | 133 | 299 | 182 |
| ROCE % | 7% | 3% | 5% | 4% | 5% | 6% | 4% | 2% | 5% | 6% | 7% |
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
-
Shareholders meeting
- 30th AGM resolutions passed; financials adopted, auditors appointed, and key director appointments approved.
-
Shareholders meeting
- 30th AGM held on 30 September 2026; shareholders approved financials, auditor appointment, and director reappointments.
-
Trading Window
- Pansari Developers Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
-
Updates
- Pansari Developers Limited has informed regarding 'Dispatchof Notice'.
-
Copy of Newspaper Publication
- 30th AGM on 30 September 2026; remote e-voting from 26-29 September, book closure announced.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
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. The company's residential portfolio covers projects catering to customers across all income groups.