Parshva Enterprises Ltd
Incorporated in 2017, Parshva Enterprises
Ltd is in the business of buying and selling
of Diamonds[1]
- Market Cap ₹ 242 Cr.
- Current Price ₹ 238
- High / Low ₹ 314 / 150
- Stock P/E 808
- Book Value ₹ 13.4
- Dividend Yield 0.00 %
- ROCE 3.63 %
- ROE 2.25 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 17.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.28% over last 3 years.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 9m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
4.76 | 7.09 | 10.04 | 10.31 | 13.51 | 18.29 | 25.12 | 26.58 | |
4.69 | 6.68 | 9.57 | 10.00 | 13.10 | 17.83 | 24.61 | 25.94 | |
Operating Profit | 0.07 | 0.41 | 0.47 | 0.31 | 0.41 | 0.46 | 0.51 | 0.64 |
OPM % | 1.47% | 5.78% | 4.68% | 3.01% | 3.03% | 2.52% | 2.03% | 2.41% |
0.01 | 0.04 | -0.13 | 0.02 | 0.00 | -0.01 | -0.01 | -0.07 | |
Interest | 0.00 | 0.00 | 0.03 | 0.03 | 0.06 | 0.11 | 0.12 | 0.12 |
Depreciation | 0.02 | 0.05 | 0.08 | 0.07 | 0.06 | 0.05 | 0.04 | 0.12 |
Profit before tax | 0.06 | 0.40 | 0.23 | 0.23 | 0.29 | 0.29 | 0.34 | 0.33 |
Tax % | 33.33% | 27.50% | 26.09% | 26.09% | 27.59% | 27.59% | 23.53% | |
0.04 | 0.30 | 0.17 | 0.17 | 0.21 | 0.21 | 0.26 | 0.25 | |
EPS in Rs | 0.07 | 0.45 | 0.18 | 0.18 | 0.21 | 0.21 | 0.26 | 0.25 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 29% |
3 Years: | 35% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -2% |
3 Years: | 14% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 18% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 2.00 | 2.20 | 3.01 | 3.01 | 10.05 | 10.05 | 10.19 | 10.19 |
Reserves | 0.04 | 1.04 | 4.05 | 4.21 | 0.23 | 0.45 | 3.36 | 3.46 |
0.00 | 0.23 | 0.18 | 1.06 | 0.97 | 0.93 | 0.94 | 1.07 | |
0.02 | 0.11 | 0.10 | 0.10 | 0.33 | 0.18 | 2.14 | 4.05 | |
Total Liabilities | 2.06 | 3.58 | 7.34 | 8.38 | 11.58 | 11.61 | 16.63 | 18.77 |
0.13 | 0.27 | 0.19 | 0.19 | 0.16 | 0.12 | 0.22 | 0.19 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
1.93 | 3.31 | 7.15 | 8.19 | 11.42 | 11.49 | 16.41 | 18.55 | |
Total Assets | 2.06 | 3.58 | 7.34 | 8.38 | 11.58 | 11.61 | 16.63 | 18.77 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
-1.59 | -1.37 | -2.35 | -0.09 | -3.41 | 0.06 | 1.67 | |
-0.17 | 0.01 | -1.24 | 0.01 | 0.36 | -0.01 | -4.15 | |
2.00 | 0.90 | 3.65 | -0.03 | 2.80 | -0.10 | 2.68 | |
Net Cash Flow | 0.24 | -0.46 | 0.05 | -0.10 | -0.25 | -0.05 | 0.19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 21.81 | 65.49 | 123.20 | 114.35 | 116.53 |
Inventory Days | 72.36 | 150.29 | 180.92 | 167.18 | 88.67 | 41.74 | |
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Cash Conversion Cycle | 72.36 | 150.29 | 202.73 | 232.68 | 123.20 | 203.02 | 158.27 |
Working Capital Days | 128.82 | 161.65 | 253.39 | 284.64 | 296.65 | 224.11 | 205.17 |
ROCE % | 14.52% | 8.22% | 3.61% | 3.79% | 3.62% | 3.63% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Certificate under Regulation 74(5) of SEBI (DP) regulations, 2018, for the quarter ended 31st March, 2025
-
Closure of Trading Window
27 Mar - Closure of trading window until financial results are declared.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 20 Mar
-
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
5 Feb - Received observation letter for Scheme of Arrangement.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
5 Feb - Disclosure of substantial acquisition of shares in Parshva Enterprises.
Business Overview:[1]
PEL is in the business of cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery. It supplies polished diamonds to wholesalers, jewellery manufacturers, traders and retailers in India