Parin Enterprises Ltd
Incorporated in 1983, Parin Enterprises Ltd is in the business of manufacturing and selling different categories of furniture[1]
- Market Cap ₹ 782 Cr.
- Current Price ₹ 703
- High / Low ₹ 748 / 319
- Stock P/E 120
- 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 10.4 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: | 72% |
| 3 Years: | 103% |
| 1 Year: | 110% |
| 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| Jul 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Number of States in Business Network count ・Standalone data |
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| Number of Permanent Employees count ・Standalone data |
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| Government Project Revenue Share % ・Standalone data |
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| Institutional / Private Project Revenue Share % ・Standalone data |
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| Retailer / Wholesaler / Online Revenue Share % ・Standalone data |
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| Total Manufacturing Unit Area lacs sq.ft. ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 July 2026 - RTA certificate under Regulation 74(5) for quarter ended June 30, 2026; no demat/remat requests received.
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Bagging/Receiving of orders/contracts
9 July 2026 - Parin Enterprises received Rs 3.86 crore contract from Airport Authority of India for airport furniture supply.
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Disclosure under SEBI Takeover Regulations
16 June 2026 - Submitted yearly Regulation 31(4) promoter disclosure for year ended 31 March 2026.
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Bagging/Receiving of orders/contracts
30 May 2026 - Received Rs 3.13 crore furniture contract from PSP Projects for Adani Mundra staff accommodation.
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Bagging/Receiving of orders/contracts
30 May 2026 - Received Rs 3.69 crore furniture supply contract for Adani-Mundra staff accommodation.
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.