Peninsula Land Ltd

Peninsula Land Ltd

₹ 54.3 -4.15%
07 May - close price
About

Peninsula Land is an integrated real estate company. It is a part of the Ashok Piramal Group. The co is engaged in developing retail ventures, commercial projects and residential complexes. [1]

Key Points

Project FY21
The co has developed 7.82 mn sq ft of projects till FY21.
It has 6.46 mn sq ft of projects under development
The co has 12 undergoing residential projects. [1] [2]

  • Market Cap 1,676 Cr.
  • Current Price 54.3
  • High / Low 71.6 / 17.1
  • Stock P/E 25.1
  • Book Value 1.56
  • Dividend Yield 0.00 %
  • ROCE 18.0 %
  • ROE %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.3% CAGR over last 5 years

Cons

  • Stock is trading at 34.7 times its book value
  • Earnings include an other income of Rs.27.6 Cr.

* 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

Sector: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
23 20 20 68 23 28 296 279 246 145 135 129 142
31 56 17 58 8 12 274 259 227 127 108 113 102
Operating Profit -8 -37 4 11 14 15 23 21 18 18 27 16 40
OPM % -37% -183% 18% 16% 63% 55% 8% 7% 7% 13% 20% 12% 28%
-11 51 9 -60 -1 -20 1 12 7 5 16 4 2
Interest 17 17 17 18 20 6 18 17 12 6 11 9 8
Depreciation 1 1 1 1 1 1 1 1 1 1 6 1 1
Profit before tax -37 -2 -5 -67 -8 -11 5 16 13 17 27 9 33
Tax % 0% -53% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-37 -4 -5 -67 -8 -11 5 16 13 17 27 9 33
EPS in Rs -1.34 -0.13 -0.18 -2.40 -0.28 -0.40 0.17 0.56 0.46 0.58 0.91 0.32 1.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
478 664 271 161 110 265 315 135 148 63 139 966 551
299 466 217 174 175 382 370 333 327 106 95 886 450
Operating Profit 179 199 53 -13 -65 -117 -55 -198 -180 -43 44 80 101
OPM % 38% 30% 20% -8% -59% -44% -18% -147% -122% -68% 32% 8% 18%
168 185 102 143 193 189 18 -327 -52 71 -71 26 28
Interest 160 162 99 141 131 170 280 233 205 106 61 53 34
Depreciation 5 6 6 8 4 4 4 4 3 2 2 2 8
Profit before tax 182 217 50 -18 -7 -102 -322 -762 -439 -79 -91 50 86
Tax % 14% 9% 2% 66% 362% -40% -4% -2% -7% -2% 0% 0%
157 197 49 -6 17 -143 -334 -778 -472 -81 -91 50 86
EPS in Rs 5.62 7.05 1.76 -0.23 0.62 -5.13 -11.95 -27.86 -16.90 -2.89 -3.26 1.71 2.88
Dividend Payout % 20% 21% 23% -133% 32% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 25%
3 Years: 87%
TTM: -35%
Compounded Profit Growth
10 Years: -13%
5 Years: 18%
3 Years: 29%
TTM: -41%
Stock Price CAGR
10 Years: 5%
5 Years: 50%
3 Years: 98%
1 Year: 188%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 56 56 56 56 56 56 56 56 56 56 56 59 59
Reserves 1,555 1,680 1,476 1,450 1,799 1,649 1,300 522 51 -29 -120 -52 -11
1,177 1,050 1,290 1,753 1,762 1,969 1,841 1,634 1,303 974 760 450 336
180 241 278 366 367 464 764 1,062 1,130 981 1,239 741 624
Total Liabilities 2,968 3,027 3,100 3,626 3,983 4,138 3,961 3,273 2,540 1,982 1,935 1,199 1,008
56 53 51 54 454 446 442 439 14 15 15 13 304
CWIP 0 0 2 2 0 0 0 0 0 0 0 0 0
Investments 236 247 271 693 855 835 809 506 349 48 18 17 17
2,676 2,727 2,776 2,877 2,674 2,856 2,710 2,329 2,177 1,919 1,903 1,169 687
Total Assets 2,968 3,027 3,100 3,626 3,983 4,138 3,961 3,273 2,540 1,982 1,935 1,199 1,008

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-169 500 -385 56 -117 -100 352 281 264 80 181 253
62 -271 272 -304 156 82 5 126 87 44 111 65
42 -328 94 313 -204 64 -409 -412 -353 -131 -290 -323
Net Cash Flow -64 -99 -19 65 -165 45 -51 -5 -3 -7 3 -5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 245 53 340 260 57 50 47 46 35 61 22 1
Inventory Days 14,626 11,887 2,069 50,300 297
Days Payable 896 973 211 5,645 82
Cash Conversion Cycle 245 53 340 260 57 50 13,777 10,960 1,893 44,716 22 216
Working Capital Days 18 48 842 1,889 3,831 1,973 1,533 1,787 -1,297 3,105 137 -50
ROCE % 13% 14% 5% 3% 4% 2% 4% -4% -7% -0% 6% 18%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.61% 61.61% 61.61% 61.61% 61.61% 61.61% 61.61% 63.51% 63.51% 63.51% 65.30% 65.30%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.01% 0.01% 0.31%
2.00% 2.00% 2.00% 2.00% 2.00% 1.65% 1.65% 1.56% 1.39% 1.05% 0.62% 0.62%
36.38% 36.38% 36.38% 36.38% 36.38% 36.74% 36.74% 34.93% 35.09% 35.45% 34.07% 33.77%
No. of Shareholders 51,12049,17848,78349,18648,69348,16246,95346,73446,15049,01855,08258,084

* 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.

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