Prime Property Development Corporation Ltd

Prime Property Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Prime Property Development Corporation Ltd

₹ 32.2 6.38%
22 Nov - close price
ppdcl.com BSE: 530695
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

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.

Website BSE
  • Market Cap ₹ 54.6 Cr.
  • Current Price ₹ 32.2
  • High / Low ₹ 47.9 / 25.0
  • Stock P/E 19.4
  • Book Value ₹ 45.9
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 8.74 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.70 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 3.52% over last 3 years.
  • Earnings include an other income of Rs.2.28 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
-3.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26.28 8.38 20.98 0.00 0.00
0.84 0.85 0.83 0.76 0.78 0.63 0.45 0.61 21.55 7.30 17.49 0.62 0.60
Operating Profit -4.63 -0.85 -0.83 -0.76 -0.78 -0.63 -0.45 -0.61 4.73 1.08 3.49 -0.62 -0.60
OPM % 18.00% 12.89% 16.63%
0.00 0.03 0.35 0.20 0.17 0.17 2.76 0.15 0.12 0.22 0.49 0.89 0.68
Interest 0.04 0.05 0.05 0.01 0.01 0.02 0.12 0.29 0.06 0.01 0.01 0.01 0.01
Depreciation 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
Profit before tax -4.77 -0.97 -0.63 -0.67 -0.72 -0.58 2.09 -0.85 4.69 1.19 3.87 0.16 -0.03
Tax % 0.00% 0.00% 3.17% 0.00% 0.00% 0.00% -297.61% 0.00% 0.00% 0.00% 61.76% 0.00% 0.00%
-4.78 -0.97 -0.65 -0.67 -0.72 -0.58 8.31 -0.85 4.69 1.19 1.49 0.16 -0.03
EPS in Rs -2.82 -0.57 -0.38 -0.39 -0.42 -0.34 4.90 -0.50 2.76 0.70 0.88 0.09 -0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 55.63 29.36
85.90 3.62 23.24 2.10 18.65 3.57 3.16 2.61 22.37 3.42 2.74 46.94 26.01
Operating Profit 17.60 1.38 1.92 -2.11 29.79 5.43 3.84 0.95 -22.38 -3.44 -2.75 8.69 3.35
OPM % 17.00% 27.60% 7.63% 61.50% 60.33% 54.86% 26.69% 15.62% 11.41%
0.15 1.91 3.33 3.45 4.58 0.53 0.55 0.60 1.28 -0.82 3.30 0.99 2.28
Interest 2.76 0.52 0.01 0.02 0.06 0.04 0.06 0.07 0.20 0.27 0.17 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 14.65 2.50 5.09 1.18 34.16 5.77 4.25 1.40 -21.38 -4.85 -0.02 8.90 5.19
Tax % 34.27% -49.60% 76.42% 61.86% 37.24% 20.45% 32.24% 1.43% -1.31% 0.41% -31,100.00% 26.85%
9.63 3.74 1.20 0.45 21.44 4.58 2.88 1.37 -21.10 -4.87 6.19 6.51 2.81
EPS in Rs 4.82 1.87 0.71 0.27 12.63 2.70 1.70 0.81 -12.43 -2.87 3.65 3.84 1.65
Dividend Payout % 20.77% 0.00% 141.50% 377.33% 7.92% 37.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 27%
5 Years: 51%
3 Years: %
TTM: 12%
Compounded Profit Growth
10 Years: 5%
5 Years: 18%
3 Years: 33%
TTM: -76%
Stock Price CAGR
10 Years: 3%
5 Years: 19%
3 Years: 28%
1 Year: 10%
Return on Equity
10 Years: 3%
5 Years: -3%
3 Years: 4%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 59.52 63.12 57.79 56.20 75.04 79.60 80.80 82.24 61.22 56.44 62.73 69.29 69.42
6.59 0.00 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 5.82 0.00 1.97
44.92 6.77 14.15 13.11 11.29 7.88 6.03 3.68 2.62 3.27 3.77 4.20 8.84
Total Liabilities 121.03 79.89 80.43 77.85 94.82 95.97 95.32 94.41 72.33 68.20 80.81 81.98 88.72
31.52 31.11 28.14 28.19 28.16 28.05 28.07 27.96 27.89 28.68 4.45 4.05 3.87
CWIP 31.07 10.26 10.26 10.26 10.26 10.26 10.26 10.26 10.30 10.55 0.00 0.00 50.51
Investments 1.40 0.65 0.65 0.65 0.10 0.08 0.04 0.01 16.46 0.00 0.00 0.00 0.00
57.04 37.87 41.38 38.75 56.30 57.58 56.95 56.18 17.68 28.97 76.36 77.93 34.34
Total Assets 121.03 79.89 80.43 77.85 94.82 95.97 95.32 94.41 72.33 68.20 80.81 81.98 88.72

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
18.80 8.54 6.11 -4.77 1.13 2.02 1.44 -0.51 1.05 -1.02 -0.07 -1.66
-3.51 0.11 3.32 3.26 0.94 0.32 0.43 0.47 0.53 -0.26 1.15 0.98
-15.21 -8.90 -5.91 -1.99 -2.04 -1.70 -2.04 0.00 0.00 -0.15 -0.16 -0.37
Net Cash Flow 0.08 -0.25 3.52 -3.50 0.02 0.65 -0.18 -0.04 1.58 -1.43 0.92 -1.05

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 0.00
Inventory Days 0.00 5,051.13 457.96 -459,170.00 0.00 0.00 0.00 -1,929,755.00
Days Payable 70.65 4.17
Cash Conversion Cycle 176.93 4,992.89 453.78 -459,170.00 0.00 0.00 0.00 0.00 0.00 0.00 -1,929,755.00 0.00
Working Capital Days 40.34 2,349.14 359.92 927,100.00 -52.44 -130.99 -64.66 -154.82 -20,440.00 -19,345.00 1,856,390.00 363.36
ROCE % 20.81% 4.57% 7.32% 1.83% 46.16% 6.77% 4.86% 1.46% -24.93% -7.47% 0.21% 11.99%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.13% 72.57% 72.57% 72.57% 72.57% 72.57%
27.87% 27.87% 27.87% 27.87% 27.88% 27.88% 27.87% 27.43% 27.41% 27.43% 27.43% 27.42%
No. of Shareholders 3,1663,1683,1573,1863,1773,1433,0262,9883,1153,3663,3613,598

Documents

Announcements

Annual reports