Parsvnath Developers Ltd

Parsvnath Developers Ltd

₹ 12.2 -3.03%
05 Dec - close price
About

Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]

Key Points

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.

  • Market Cap 530 Cr.
  • Current Price 12.2
  • High / Low 27.5 / 12.0
  • 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 or encumbered 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
21 46 190 23 65 157 43 36 17 15 19 13 18
29 64 267 32 35 120 120 37 28 23 81 19 26
Operating Profit -8 -18 -78 -9 31 37 -77 -2 -11 -7 -62 -5 -8
OPM % -39% -39% -41% -37% 47% 23% -176% -4% -69% -46% -326% -39% -42%
1 2 -51 1 4 2 -112 1 1 63 73 70 1
Interest 35 32 84 47 43 34 94 42 44 25 81 55 50
Depreciation 1 1 1 1 1 1 1 1 1 1 1 2 2
Profit before tax -43 -49 -214 -55 -9 3 -284 -43 -55 30 -70 8 -59
Tax % 0% 0% 40% 47% 0% 0% 18% 0% 0% 0% 0% 0% 0%
-43 -49 -299 -81 -9 3 -336 -43 -55 30 -70 8 -59
EPS in Rs -0.98 -1.12 -6.86 -1.86 -0.21 0.08 -7.71 -0.99 -1.27 0.68 -1.62 0.19 -1.35
Raw PDF

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 66
273 418 252 195 161 930 1,080 341 806 416 305 168 148
Operating Profit 149 297 47 51 -55 -110 34 -55 -63 -131 -18 -82 -82
OPM % 35% 42% 16% 21% -51% -13% 3% -19% -8% -46% -6% -95% -124%
40 -428 40 25 52 12 122 50 12 -48 -105 139 207
Interest 131 148 109 109 128 164 268 227 151 185 218 193 211
Depreciation 12 4 10 9 11 9 4 5 3 3 3 3 5
Profit before tax 46 -283 -31 -42 -141 -271 -117 -237 -205 -367 -345 -139 -91
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 -91
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 -2.10
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: -74%
Compounded Profit Growth
10 Years: %
5 Years: -16%
3 Years: -5%
TTM: 19%
Stock Price CAGR
10 Years: -7%
5 Years: 21%
3 Years: 14%
1 Year: -34%
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%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
66.30% 66.30% 66.30% 66.30% 66.30% 66.30% 66.30% 66.07% 50.09% 50.09% 50.09% 50.09%
0.16% 0.16% 0.16% 0.17% 0.16% 0.16% 0.17% 0.18% 4.21% 4.51% 4.78% 1.42%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.22% 0.27% 0.24% 0.47%
33.53% 33.53% 33.53% 33.52% 33.53% 33.54% 33.51% 33.74% 45.47% 45.11% 44.88% 48.01%
No. of Shareholders 1,31,4491,29,9321,28,1031,28,3111,26,5991,23,9151,23,7001,20,3531,19,0881,17,1481,16,2601,18,111

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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