Parsvnath Developers Ltd
Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]
- Market Cap ₹ 564 Cr.
- Current Price ₹ 13.0
- High / Low ₹ 17.3 / 7.05
- Stock P/E
- Book Value ₹ 3.42
- Dividend Yield 0.00 %
- ROCE 0.64 %
- ROE -88.2 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.80 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -18.8% over past five years.
- Company has a low return on equity of -40.2% over last 3 years.
- Contingent liabilities of Rs.5,106 Cr.
- Promoters have pledged 30.0% of their holding.
- Company has high debtors of 235 days.
- Company's cost of borrowing seems high
* 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
449 | 422 | 715 | 300 | 246 | 107 | 820 | 1,114 | 286 | 743 | 285 | 289 | |
242 | 273 | 418 | 252 | 195 | 161 | 930 | 1,080 | 341 | 806 | 416 | 307 | |
Operating Profit | 207 | 149 | 297 | 47 | 51 | -55 | -110 | 34 | -55 | -63 | -131 | -18 |
OPM % | 46% | 35% | 42% | 16% | 21% | -51% | -13% | 3% | -19% | -8% | -46% | -6% |
37 | 40 | -428 | 40 | 25 | 52 | 12 | 122 | 50 | 12 | -48 | -105 | |
Interest | 101 | 131 | 148 | 109 | 109 | 128 | 164 | 268 | 227 | 151 | 185 | 218 |
Depreciation | 12 | 12 | 4 | 10 | 9 | 11 | 9 | 4 | 5 | 3 | 3 | 3 |
Profit before tax | 132 | 46 | -283 | -31 | -42 | -141 | -271 | -117 | -237 | -205 | -367 | -345 |
Tax % | 44% | 49% | 69% | 107% | 17% | 17% | 10% | 20% | -2% | -2% | -23% | -23% |
74 | 23 | -88 | 2 | -35 | -117 | -243 | -93 | -242 | -209 | -452 | -422 | |
EPS in Rs | 1.69 | 0.54 | -2.01 | 0.05 | -0.80 | -2.70 | -5.58 | -2.14 | -5.56 | -4.81 | -10.38 | -9.71 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -19% |
3 Years: | 0% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -7% |
3 Years: | -12% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | -9% |
5 Years: | 31% |
3 Years: | -1% |
1 Year: | 58% |
Return on Equity | |
---|---|
10 Years: | -8% |
5 Years: | -25% |
3 Years: | -40% |
Last Year: | -88% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
Reserves | 2,440 | 2,464 | 2,376 | 2,376 | 2,341 | 2,224 | 1,349 | 1,256 | 1,014 | 806 | 354 | -69 |
1,451 | 1,489 | 1,442 | 1,505 | 1,693 | 2,131 | 1,846 | 1,423 | 1,538 | 1,379 | 1,072 | 927 | |
1,977 | 2,078 | 1,320 | 1,295 | 1,470 | 1,570 | 3,614 | 3,419 | 3,399 | 2,939 | 2,999 | 3,075 | |
Total Liabilities | 6,086 | 6,249 | 5,355 | 5,394 | 5,722 | 6,142 | 7,026 | 6,316 | 6,169 | 5,342 | 4,642 | 4,150 |
124 | 117 | 114 | 96 | 183 | 172 | 39 | 150 | 142 | 45 | 46 | 260 | |
CWIP | 486 | 526 | 544 | 575 | 528 | 598 | 394 | 454 | 497 | 139 | 140 | 0 |
Investments | 450 | 513 | 513 | 531 | 534 | 528 | 917 | 815 | 853 | 862 | 1,058 | 1,269 |
5,026 | 5,093 | 4,183 | 4,192 | 4,477 | 4,845 | 5,676 | 4,897 | 4,678 | 4,296 | 3,398 | 2,621 | |
Total Assets | 6,086 | 6,249 | 5,355 | 5,394 | 5,722 | 6,142 | 7,026 | 6,316 | 6,169 | 5,342 | 4,642 | 4,150 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
289 | 258 | 533 | -2 | 50 | -141 | 1,218 | 486 | 200 | 296 | 419 | 209 | |
14 | -86 | -10 | 3 | -2 | -16 | -459 | 228 | -40 | -52 | -4 | 8 | |
-303 | -179 | -443 | -67 | -63 | 156 | -734 | -738 | -156 | -247 | -420 | -217 | |
Net Cash Flow | 0 | -7 | 80 | -67 | -16 | -0 | 25 | -24 | 4 | -3 | -4 | 0 |
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 | 509 | 500 | 310 | 748 | 869 | 2,005 | 120 | 85 | 399 | 136 | 358 | 235 |
Inventory Days | 18,381 | 36,779 | 1,958 | 1,369 | 4,062 | 1,213 | 2,801 | 2,901 | ||||
Days Payable | 5,573 | 9,797 | 352 | 324 | 866 | 319 | 883 | 1,002 | ||||
Cash Conversion Cycle | 509 | 13,307 | 310 | 27,731 | 869 | 2,005 | 1,726 | 1,131 | 3,594 | 1,030 | 2,276 | 2,133 |
Working Capital Days | 1,951 | 2,107 | 1,003 | 2,667 | 3,390 | 7,347 | 394 | 159 | 904 | 356 | 92 | -377 |
ROCE % | 6% | 4% | 8% | 2% | 2% | -1% | -3% | 3% | -0% | -2% | -5% |
Documents
Announcements
- Closure of Trading Window 26 Jun
- Submission Of Standalone & Consolidated Audited Financial Results ('Financial Results') For The Quarter And Financial Year Ended On March 31, 2024 Along With Audit Reports Thereon. 20 Jun
- Board Meeting Outcome for Outcome Of Board Meeting Held On June 20, 2024 20 Jun
- Board Meeting Intimation for Consider And Approve The Audited Financial Results Of The Company (Both Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2024, And Recommend Dividend, If Any 13 Jun
- Board Meeting Outcome for Outcome Of Board Meeting Held On June 13, 2024 13 Jun
Annual reports
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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
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Financial Year 2012
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Financial Year 2011
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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.