Prime Property Development Corporation Ltd
₹ 32.2
6.38%
22 Nov
- close price
About
Incorporated in 1992, Prime Property Development Corporation Ltd is engaged in the business of real estate, property development and investment & trading in securities.
Key Points
- Market Cap ₹ 54.6 Cr.
- Current Price ₹ 32.2
- High / Low ₹ 47.9 / 25.0
- Stock P/E 40.1
- Book Value ₹ 46.7
- Dividend Yield 0.00 %
- ROCE 1.33 %
- ROE 0.60 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.69 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.03% over last 3 years.
- Earnings include an other income of Rs.3.71 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: Construction Industry: Construction
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 103.50 | 5.00 | 25.16 | -0.01 | 48.44 | 9.00 | 7.00 | 3.56 | -0.01 | -0.02 | -0.01 | 0.00 | 0.00 | |
| 85.82 | 3.56 | 20.34 | 2.01 | 18.47 | 3.47 | 3.05 | 2.51 | 22.19 | 3.23 | 2.53 | 1.64 | 1.68 | |
| Operating Profit | 17.68 | 1.44 | 4.82 | -2.02 | 29.97 | 5.53 | 3.95 | 1.05 | -22.20 | -3.25 | -2.54 | -1.64 | -1.68 |
| OPM % | 17.08% | 28.80% | 19.16% | 61.87% | 61.44% | 56.43% | 29.49% | ||||||
| 0.15 | 1.91 | 3.33 | 3.45 | 4.58 | 0.53 | 0.55 | 0.60 | 1.28 | -0.82 | 3.75 | 3.11 | 3.71 | |
| Interest | 2.75 | 0.52 | 0.00 | 0.00 | 0.03 | 0.02 | 0.00 | 0.00 | 0.13 | 0.16 | 0.16 | 0.38 | 0.04 |
| Depreciation | 0.34 | 0.27 | 0.15 | 0.14 | 0.15 | 0.15 | 0.08 | 0.08 | 0.08 | 0.32 | 0.40 | 0.40 | 0.40 |
| Profit before tax | 14.74 | 2.56 | 8.00 | 1.29 | 34.37 | 5.89 | 4.42 | 1.57 | -21.13 | -4.55 | 0.65 | 0.70 | 1.59 |
| Tax % | 34.19% | -52.73% | 48.62% | 54.26% | 37.01% | 19.86% | 31.00% | 1.27% | -1.33% | 0.44% | -956.92% | 31.43% | |
| 9.70 | 3.91 | 4.10 | 0.59 | 21.65 | 4.72 | 3.05 | 1.55 | -20.85 | -4.57 | 6.87 | 0.47 | 1.36 | |
| EPS in Rs | 4.85 | 1.96 | 2.42 | 0.35 | 12.76 | 2.78 | 1.80 | 0.91 | -12.29 | -2.69 | 4.05 | 0.28 | 0.79 |
| Dividend Payout % | 20.62% | 0.00% | 41.41% | 287.80% | 7.84% | 35.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -100% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -20% |
| 5 Years: | -31% |
| 3 Years: | 26% |
| TTM: | -84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 19% |
| 3 Years: | 28% |
| 1 Year: | 10% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -4% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.00 | 10.00 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 | 8.49 |
| Reserves | 60.46 | 64.37 | 61.96 | 60.51 | 79.57 | 84.26 | 85.63 | 87.25 | 66.48 | 62.00 | 68.97 | 69.48 | 70.82 |
| 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.82 | 0.00 | 0.00 | |
| 45.05 | 6.77 | 14.14 | 13.10 | 11.28 | 7.91 | 6.04 | 3.69 | 2.63 | 3.27 | 2.75 | 2.55 | 2.34 | |
| Total Liabilities | 115.51 | 81.14 | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 81.65 |
| 2.48 | 2.21 | 1.99 | 2.04 | 2.01 | 1.90 | 1.92 | 1.81 | 1.74 | 2.53 | 2.11 | 1.70 | 1.50 | |
| CWIP | 21.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 31.50 | 30.75 | 30.75 | 30.75 | 30.20 | 30.18 | 30.14 | 30.11 | 46.56 | 30.10 | 30.10 | 30.10 | 30.10 |
| 60.03 | 48.18 | 51.85 | 49.36 | 67.13 | 68.58 | 68.10 | 67.51 | 29.30 | 41.13 | 53.82 | 48.72 | 50.05 | |
| Total Assets | 115.51 | 81.14 | 84.59 | 82.15 | 99.34 | 100.66 | 100.16 | 99.43 | 77.60 | 73.76 | 86.03 | 80.52 | 81.65 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26.18 | 1.27 | 6.11 | -4.76 | -5.54 | 2.02 | 1.44 | -0.51 | 1.05 | -1.02 | -0.58 | -4.39 | |
| -2.64 | 0.79 | 3.32 | 3.26 | 7.72 | 0.32 | 0.43 | 0.47 | 0.53 | -0.26 | 1.61 | 3.11 | |
| -23.45 | -2.32 | -5.91 | -1.99 | -2.09 | -1.70 | -2.04 | 0.00 | 0.00 | -0.15 | -0.16 | -0.37 | |
| Net Cash Flow | 0.09 | -0.26 | 3.52 | -3.50 | 0.08 | 0.65 | -0.17 | -0.03 | 1.58 | -1.43 | 0.87 | -1.65 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 176.93 | 12.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Inventory Days | 0.00 | 5,051.13 | 457.96 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| Days Payable | 68.29 | 3.79 | ||||||||||
| Cash Conversion Cycle | 176.93 | 4,995.25 | 454.16 | -459,170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Working Capital Days | 47.47 | 2,349.14 | 359.92 | 927,830.00 | -52.37 | -131.81 | -65.70 | -155.84 | -20,440.00 | -18,980.00 | -36,135.00 | |
| ROCE % | 22.45% | 4.79% | 11.05% | 1.85% | 43.79% | 6.54% | 4.73% | 1.49% | -23.22% | -6.65% | 1.05% | 1.33% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - Submission of newspaper clipping for the un audited Financial results for the quarter and half year ended 30th September, 2024
- Unaudited Financial Results Standalone And Consolidated For The Quarter And Half Year Ended 30Th September,2024 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th November,2024
14 Nov - Approved unaudited financial results for Q2 FY2024.
-
Board Meeting Intimation for Board Meeting To Be Held On 14Th November,2024
7 Nov - Board meeting to approve financial results and disinvestment.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Oct - Submission of certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th September,2024
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company's area of operation is mainly the Western suburbs of Mumbai. Identifying and developing stand alone buildings in the luxurious and semi-luxurious segment is the specialization of company.