Parsvnath Developers Ltd
Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]
- Market Cap ₹ 530 Cr.
- Current Price ₹ 12.2
- High / Low ₹ 27.5 / 12.0
- Stock P/E
- Book Value ₹ -51.8
- Dividend Yield 0.00 %
- ROCE -0.98 %
- ROE %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -26.6% over past five years.
- Contingent liabilities of Rs.1,129 Cr.
- Promoters have pledged or encumbered 31.8% of their holding.
- Earnings include an other income of Rs.240 Cr.
- Company has high debtors of 265 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 555 | 758 | 399 | 275 | 192 | 910 | 1,189 | 357 | 897 | 438 | 460 | 254 | 236 | |
| 346 | 434 | 310 | 202 | 213 | 962 | 1,133 | 373 | 951 | 546 | 539 | 266 | 270 | |
| Operating Profit | 209 | 325 | 89 | 73 | -22 | -52 | 56 | -16 | -55 | -107 | -79 | -12 | -34 |
| OPM % | 38% | 43% | 22% | 26% | -11% | -6% | 5% | -5% | -6% | -25% | -17% | -5% | -14% |
| 18 | -452 | 36 | 28 | 16 | 14 | 77 | 71 | 19 | -86 | 93 | 170 | 240 | |
| Interest | 175 | 180 | 186 | 234 | 324 | 335 | 481 | 433 | 395 | 393 | 464 | 444 | 474 |
| Depreciation | 13 | 5 | 29 | 28 | 30 | 29 | 27 | 37 | 59 | 66 | 57 | 52 | 48 |
| Profit before tax | 39 | -313 | -90 | -161 | -360 | -402 | -375 | -415 | -490 | -652 | -507 | -338 | -316 |
| Tax % | 58% | -64% | -45% | -8% | -10% | -9% | -3% | 3% | 1% | 23% | 17% | 3% | |
| 16 | -113 | -49 | -149 | -324 | -367 | -363 | -428 | -494 | -801 | -594 | -347 | -331 | |
| EPS in Rs | 0.37 | -2.47 | -0.85 | -3.32 | -7.29 | -8.35 | -7.96 | -9.82 | -11.31 | -18.41 | -13.65 | -7.94 | -7.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -27% |
| 3 Years: | -34% |
| TTM: | -45% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | 2% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 21% |
| 3 Years: | 14% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 2,562 | 2,454 | 2,413 | 2,265 | 1,947 | 725 | 390 | -37 | -521 | -1,320 | -1,914 | -2,259 | -2,472 |
| 3,139 | 3,092 | 3,126 | 3,911 | 4,400 | 4,215 | 3,143 | 3,519 | 3,537 | 3,427 | 3,240 | 3,325 | 3,300 | |
| 2,213 | 1,531 | 1,712 | 1,563 | 1,825 | 4,530 | 4,339 | 4,159 | 3,691 | 4,059 | 4,404 | 4,116 | 4,330 | |
| Total Liabilities | 8,132 | 7,294 | 7,469 | 7,956 | 8,390 | 9,688 | 8,089 | 7,859 | 6,925 | 6,383 | 5,948 | 5,400 | 5,377 |
| 163 | 516 | 480 | 575 | 548 | 564 | 860 | 900 | 919 | 1,028 | 898 | 1,707 | 1,712 | |
| CWIP | 848 | 625 | 678 | 647 | 747 | 814 | 915 | 927 | 835 | 902 | 792 | 20 | 20 |
| Investments | 15 | 15 | 79 | 15 | 15 | 303 | 344 | 390 | 390 | 175 | 388 | 13 | 13 |
| 7,106 | 6,139 | 6,232 | 6,720 | 7,081 | 8,007 | 5,971 | 5,642 | 4,781 | 4,278 | 3,870 | 3,659 | 3,632 | |
| Total Assets | 8,132 | 7,294 | 7,469 | 7,956 | 8,390 | 9,688 | 8,089 | 7,859 | 6,925 | 6,383 | 5,948 | 5,400 | 5,377 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -264 | 562 | -32 | -332 | 85 | 1,310 | 1,563 | 259 | 550 | 374 | 261 | 38 | |
| -112 | -7 | -48 | -152 | -90 | -470 | -11 | -47 | 39 | -59 | -31 | -78 | |
| 425 | -463 | -69 | 460 | 0 | -815 | -1,576 | -179 | -608 | -325 | -214 | 39 | |
| Net Cash Flow | 48 | 93 | -149 | -23 | -6 | 26 | -25 | 33 | -18 | -10 | 17 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 431 | 319 | 602 | 836 | 1,210 | 117 | 86 | 339 | 117 | 217 | 161 | 265 |
| Inventory Days | 18,696 | 25,828 | 2,649 | 1,970 | 5,862 | 1,632 | 3,142 | 3,213 | 9,765 | |||
| Days Payable | 5,195 | 5,891 | 397 | 365 | 962 | 319 | 677 | 776 | 2,743 | |||
| Cash Conversion Cycle | 13,932 | 319 | 20,539 | 836 | 1,210 | 2,368 | 1,691 | 5,239 | 1,430 | 2,681 | 2,598 | 7,288 |
| Working Capital Days | 2,140 | 1,496 | 2,057 | 3,703 | 4,564 | 213 | 74 | 61 | -140 | -376 | -939 | -1,460 |
| ROCE % | 4% | 6% | 2% | 1% | -1% | -1% | 2% | 0% | -3% | -5% | -5% | -1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Dec - Clipping of Newspaper Advertisement of Financial result for the quarter and half year ended 30.09.2025
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Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2025 Along With Limited Review Reports Thereon;
29 Nov - Approved unaudited Q2/H1 results — H1 consolidated loss Rs21,301.25 lakh; liquidity, legal disputes, going-concern concerns.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On November 29, 2025
29 Nov - Board approved Q2/H1 Sep 30, 2025 results: consolidated H1 loss Rs21,301 lakh; legal, liquidity uncertainties.
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Board Meeting Intimation for For Approval Of Unaudited Financial Result For The Quarter And Half Year Ended 30.09.2025
26 Nov - Board meeting Nov 29, 2025 to approve standalone/consolidated financials for quarter and half-year ended Sep 30, 2025.
- Results-Delay in Financial Results 13 Nov
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
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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.