Parsvnath Developers Ltd
Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]
- Market Cap ₹ 319 Cr.
- Current Price ₹ 7.34
- High / Low ₹ 27.5 / 6.02
- Stock P/E
- Book Value ₹ -0.94
- Dividend Yield 0.00 %
- ROCE -4.13 %
- ROE -303 %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -40.0% over past five years.
- Company has a low return on equity of -76.7% over last 3 years.
- Contingent liabilities of Rs.1,407 Cr.
- Promoters have pledged 31.8% of their holding.
- Company has high debtors of 725 days.
- Promoter holding has decreased over last 3 years: -16.2%
* 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
Part of BSE Allcap BSE Consumer Discretionary
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 422 | 715 | 300 | 246 | 107 | 820 | 1,114 | 286 | 743 | 285 | 287 | 86 | 70 | |
| 273 | 418 | 252 | 195 | 161 | 930 | 1,080 | 341 | 806 | 416 | 305 | 168 | 144 | |
| Operating Profit | 149 | 297 | 47 | 51 | -55 | -110 | 34 | -55 | -63 | -131 | -18 | -82 | -74 |
| OPM % | 35% | 42% | 16% | 21% | -51% | -13% | 3% | -19% | -8% | -46% | -6% | -95% | -107% |
| 40 | -428 | 40 | 25 | 52 | 12 | 122 | 50 | 12 | -48 | -105 | 139 | 145 | |
| Interest | 131 | 148 | 109 | 109 | 128 | 164 | 268 | 227 | 151 | 185 | 218 | 193 | 237 |
| Depreciation | 12 | 4 | 10 | 9 | 11 | 9 | 4 | 5 | 3 | 3 | 3 | 3 | 6 |
| Profit before tax | 46 | -283 | -31 | -42 | -141 | -271 | -117 | -237 | -205 | -367 | -345 | -139 | -172 |
| Tax % | 49% | -69% | -107% | -17% | -17% | -10% | -20% | 2% | 2% | 23% | 23% | 0% | |
| 23 | -88 | 2 | -35 | -117 | -243 | -93 | -242 | -209 | -452 | -422 | -139 | -172 | |
| EPS in Rs | 0.54 | -2.01 | 0.05 | -0.80 | -2.70 | -5.58 | -2.14 | -5.56 | -4.81 | -10.38 | -9.71 | -3.20 | -3.95 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -19% |
| 5 Years: | -40% |
| 3 Years: | -51% |
| TTM: | -37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -16% |
| 3 Years: | -5% |
| TTM: | 21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -4% |
| 3 Years: | 1% |
| 1 Year: | -67% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -38% |
| 3 Years: | -77% |
| Last Year: | -303% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
| Reserves | 2,464 | 2,376 | 2,376 | 2,341 | 2,224 | 1,349 | 1,256 | 1,014 | 806 | 354 | -69 | -208 | -258 |
| 1,489 | 1,442 | 1,505 | 1,693 | 2,131 | 1,846 | 1,423 | 1,538 | 1,379 | 1,072 | 927 | 1,170 | 1,131 | |
| 2,078 | 1,320 | 1,295 | 1,470 | 1,570 | 3,614 | 3,419 | 3,399 | 2,939 | 3,005 | 3,075 | 2,633 | 2,694 | |
| Total Liabilities | 6,249 | 5,355 | 5,394 | 5,722 | 6,142 | 7,026 | 6,316 | 6,169 | 5,342 | 4,648 | 4,150 | 3,812 | 3,784 |
| 117 | 114 | 96 | 183 | 172 | 39 | 150 | 142 | 45 | 46 | 39 | 108 | 368 | |
| CWIP | 526 | 544 | 575 | 528 | 598 | 394 | 454 | 497 | 139 | 140 | 221 | 263 | 0 |
| Investments | 513 | 513 | 531 | 534 | 528 | 917 | 815 | 853 | 862 | 1,058 | 1,269 | 881 | 881 |
| 5,093 | 4,183 | 4,192 | 4,477 | 4,845 | 5,676 | 4,897 | 4,678 | 4,296 | 3,404 | 2,621 | 2,561 | 2,534 | |
| Total Assets | 6,249 | 5,355 | 5,394 | 5,722 | 6,142 | 7,026 | 6,316 | 6,169 | 5,342 | 4,648 | 4,150 | 3,812 | 3,784 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 258 | 533 | -2 | 50 | -141 | 1,218 | 486 | 200 | 296 | 419 | 224 | 39 | |
| -86 | -10 | 3 | -2 | -16 | -459 | 228 | -40 | -52 | -4 | -7 | -88 | |
| -179 | -443 | -67 | -63 | 156 | -734 | -738 | -156 | -247 | -420 | -217 | 49 | |
| Net Cash Flow | -7 | 80 | -67 | -16 | -0 | 25 | -24 | 4 | -3 | -4 | 0 | -0 |
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 | 500 | 310 | 748 | 869 | 2,005 | 120 | 85 | 399 | 136 | 358 | 239 | 725 |
| Inventory Days | 18,381 | 36,779 | 1,958 | 1,369 | 4,062 | 1,213 | 2,801 | 2,887 | 8,562 | |||
| Days Payable | 5,573 | 9,797 | 352 | 324 | 866 | 319 | 892 | 998 | 3,020 | |||
| Cash Conversion Cycle | 13,307 | 310 | 27,731 | 869 | 2,005 | 1,726 | 1,131 | 3,594 | 1,030 | 2,268 | 2,128 | 6,268 |
| Working Capital Days | 1,479 | 816 | 2,230 | 2,788 | 6,091 | 223 | 31 | -286 | -89 | -683 | -1,418 | -2,961 |
| ROCE % | 4% | 8% | 2% | 2% | -1% | -3% | 3% | -0% | -2% | -5% | 1% | -4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Clipping of Newspaper advertisement of Financial result for the quarter and nine months ended 31.12.2025
- Submission Of Standalone & Consolidated Unaudited Financial Results ('Financial Results') For The Quarter And Nine Months Ended On December 31, 2025 Along With Limited Review Reports Thereon; 11 Feb
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On February 11, 2026 And Submission Of Standalone & Consolidated Unaudited Financial Results ('Financial Results') For The Quarter And Nine Months Ended On December 31, 2025 Along With Limited Review Reports
11 Feb - Approved Q3/9M results: consolidated nine-month loss Rs 35,472.80 lakh; auditor qualified; significant litigation and liquidity concerns.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting Scheduled To Be Held On 11.02.2026
4 Feb - Board meeting Feb 11, 2026 to approve Q3/9M results (Dec 31, 2025); trading window closed until 48 hours post-declaration.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 17 Jan
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from nse
Business Overview:[1]
PDL is is the first real estate company to integrate with ISO 9001, 14001 and OHSAS 18001. Company has a presence in over 37 cities in 13 states where it develops commercial, residential and recreational properties including office complexes, affordable housing, luxurious, shopping malls and hypermarkets, posh hotels, futuristic multiplexes, and ultra modern IT Parks and special economic zones. It also does construction on contracting basis.