Parsvnath Developers Ltd
Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]
- Market Cap ₹ 261 Cr.
- Current Price ₹ 5.97
- High / Low ₹ 27.5 / 5.55
- 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 31.4% of their holding.
- Company has high debtors of 725 days.
- Promoter holding has decreased over last 3 years: -16.4%
* 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 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: | -8% |
| 3 Years: | -6% |
| 1 Year: | -70% |
| 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 |
| Free Cash Flow | 213 | 515 | -38 | 19 | -211 | 1,131 | 432 | 166 | 243 | 413 | 224 | 37 |
| CFO/OP | 191% | 194% | 5% | 105% | 252% | -1,109% | 1,466% | -363% | -478% | -319% | -1,233% | -45% |
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% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
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| Jio Platforms - Total Customer Base Million |
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Extracted by Screener AI
Documents
Announcements
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Corporate Insolvency Resolution Process (CIRP)-Public Announcement
2h - NCLT ordered CIRP for Parsvnath Developers; claims due by 27 May 2026.
-
Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP)
20h - NCLT admitted CIRP against Parsvnath Developers for Rs. 452.34 crore default and appointed an IRP.
-
Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal
20h - NCLT admitted Section 7 insolvency petition against Parsvnath Developers for Rs. 452.34 crore default; IRP appointed.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 May
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Apr - Parsvnath received completion certificate for 20.67-acre Saatvik Green NX project in Indore.
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
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Financial Year 2013
from bse
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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.