Parin Enterprises Ltd
Incorporated in 1983, Parin Enterprises Ltd is in the business of manufacturing and selling different categories of furniture[1]
- Market Cap ₹ 707 Cr.
- Current Price ₹ 636
- High / Low ₹ 725 / 312
- Stock P/E 109
- Book Value ₹ 67.6
- Dividend Yield 0.03 %
- ROCE 10.8 %
- ROE 9.36 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 119 to 75.0 days.
- Company's working capital requirements have reduced from 148 days to 100.0 days
Cons
- Stock is trading at 9.41 times its book value
- Company has a low return on equity of 8.39% 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 Consumer Durables Consumer Durables Furniture, Home Furnishing
Part of Nifty SME Emerge
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 65 | 71 | 67 | 84 | 77 | 81 | 82 | 168 | 248 | |
| 55 | 62 | 58 | 72 | 66 | 72 | 73 | 148 | 226 | |
| Operating Profit | 10 | 9 | 9 | 12 | 10 | 9 | 9 | 19 | 21 |
| OPM % | 15% | 13% | 13% | 14% | 13% | 11% | 11% | 11% | 9% |
| 0 | 0 | 1 | 1 | 1 | 1 | 0 | -1 | 1 | |
| Interest | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 7 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 4 | 5 |
| Profit before tax | 6 | 6 | 5 | 7 | 6 | 5 | 3 | 9 | 10 |
| Tax % | 33% | 33% | 29% | 34% | 27% | 32% | 26% | 22% | 28% |
| 4 | 4 | 4 | 5 | 4 | 3 | 2 | 7 | 7 | |
| EPS in Rs | 4.62 | 3.71 | 3.43 | 4.16 | 3.71 | 2.77 | 2.04 | 5.66 | 5.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 45% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 31% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 66% |
| 3 Years: | 95% |
| 1 Year: | 78% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 9 | 29 | 33 | 37 | 41 | 44 | 47 | 53 | 64 |
| 29 | 19 | 31 | 39 | 39 | 46 | 45 | 95 | 91 | |
| 11 | 6 | 25 | 17 | 23 | 42 | 22 | 29 | 28 | |
| Total Liabilities | 57 | 65 | 99 | 104 | 114 | 144 | 125 | 187 | 195 |
| 6 | 5 | 8 | 13 | 11 | 10 | 11 | 30 | 29 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 51 | 59 | 91 | 92 | 103 | 134 | 114 | 157 | 165 | |
| Total Assets | 57 | 65 | 99 | 104 | 114 | 144 | 125 | 187 | 195 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 2 | 5 | -4 | 2 | 3 | -1 | 4 | -12 | 3 | |
| -1 | -0 | -4 | -5 | -0 | -0 | -3 | -24 | -4 | |
| -1 | -4 | 9 | 3 | -4 | 4 | -5 | 43 | -6 | |
| Net Cash Flow | 0 | 1 | 1 | -0 | -1 | 3 | -4 | 7 | -7 |
| Free Cash Flow | -3 | 5 | -8 | -3 | 3 | -1 | 1 | -36 | -2 |
| CFO/OP | 36% | 79% | -35% | 43% | 56% | 8% | 58% | -56% | 27% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 67 | 167 | 142 | 216 | 260 | 183 | 99 | 75 |
| Inventory Days | 445 | 509 | 1,846 | 361 | 425 | 496 | 494 | 272 | 163 |
| Days Payable | 112 | 47 | 799 | 94 | 142 | 285 | 135 | 58 | 30 |
| Cash Conversion Cycle | 433 | 529 | 1,214 | 409 | 499 | 471 | 542 | 312 | 208 |
| Working Capital Days | 128 | 163 | 216 | 182 | 246 | 215 | 238 | 106 | 100 |
| ROCE % | 17% | 12% | 13% | 10% | 8% | 7% | 12% | 11% |
Insights
In beta| Oct 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Number of States with business network presence Count ・Standalone data |
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| Total Permanent Employees (Headcount) Count |
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| Revenue contribution - Government Projects Rs. in Lakhs |
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| Revenue contribution - Institutional / Private Projects Rs. in Lakhs |
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| Manufacturing Facility Area - Standalone sq. ft. ・Standalone data |
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| Manufacturing Facility Area - Subsidiary (Pearl Furniture) sq. ft. ・Standalone data |
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| Plastic Chair Production Capacity Addition Rs. Crore p.a. value ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
22 April 2026 - Notice of postal ballot and e-voting published in newspapers on 21 April 2026.
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General Updates
21 April 2026 - Board approved postal ballot for NSE SME-to-Main Board migration; voting runs 25 April-24 May 2026.
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Shareholders meeting
21 April 2026 - Board approved postal ballot for SME-to-Main Board migration; voting runs 25 Apr-24 May 2026.
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Outcome of Board Meeting
21 April 2026 - Board approved April 21, 2026 postal ballot for migration from NSE SME to Main Board.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
20 April 2026 - Filed Regulation 74(5) certificate for quarter ended March 31, 2026; no demat/remat requests received.
Business Objectives:[1]
The company is engaged in furniture manufacturing, while three other business activities—automobile manufacturing and trading, retail and wholesale of electronic and telecom products, and real estate and construction—are currently in the pipeline and yet to commence.