MarketFriction

Parsvnath Developers Ltd

NSE PARSVNATH · BSE 532780 · Residential, Commercial Projects
₹2.13 +1.91%
NSE close2026-10-01
52 week range1.35 - 18.75
Market cap₹89.6 Cr.
Insolvency Price band 2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales280541132088788475861635461
Expenses3758610915519075575182587865
Operating Profit-95-33452-10313-107-225-24-4
OPM %-34%-60%3.5%25%-118%14%-22%12%-36%8%-45%-7%
Other Income-952528521631037217
Interest106115695622310110689149119117129
Depreciation251414151413131312111123
Profit before tax-321-161-75-16-255-99-128-31-80-53-152-149
Tax %30%22%0%0%20%2%0%0%9%11%1%0%
Net Profit-421-195-75-16-307-101-128-31-87-59-154-149
EPS in Rs-9.63-4.49-1.72-0.38-7.05-2.32-2.94-0.72-1.96-1.36-3.53-3.29
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales7583992751929101,189357897438460254239
Expenses4343102022139621,133373951546539266284
Operating Profit3258973-22-5256-16-55-107-79-12-45
OPM %43%22%26%-11%-6%4.7%-4.6%-6%-25%-17%-4.8%-19%
Other Income-45236281614777119-8693170183
Interest180186234324335481433395393464444515
Depreciation52928302927375966575258
Profit before tax-313-90-161-360-402-375-415-490-652-507-338-434
Tax %-64%-45%-8%-10%-9%-3%3%1%23%17%3%
Net Profit-113-49-149-324-367-363-428-494-801-594-347-449
EPS in Rs-2.47-0.85-3.32-7.29-8.35-7.96-9.82-11.31-18.41-13.65-7.94-10.14
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-10%-27%-34%-15%
Compounded Profit Growth%-8%2%17%
Stock Price CAGR-17%-33%-45%-85%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital218218218218218218218218218218218218
Reserves2,4542,4132,2651,947725390-37-521-1,320-1,914-2,259-2,472
Borrowings3,0923,1263,9114,4004,2153,1433,5193,5373,4273,2403,3253,300
Other Liabilities1,5311,7121,5631,8254,5304,3394,1593,6914,0594,4044,1164,330
Total Liabilities7,2947,4697,9568,3909,6888,0897,8596,9256,3835,9485,4005,377
Fixed Assets5164805755485648609009191,0288981,7071,712
CWIP6256786477478149159278359027922020
Investments157915153033443903901753881313
Other Assets6,1396,2326,7207,0818,0075,9715,6424,7814,2783,8703,6593,632
Total Assets7,2947,4697,9568,3909,6888,0897,8596,9256,3835,9485,4005,377
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity-264562-32-332851,3101,56325955037426138
Cash from Investing Activity-112-7-48-152-90-470-11-4739-59-31-78
Cash from Financing Activity425-463-694600-815-1,576-179-608-325-21439
Net Cash Flow4893-149-23-626-2533-18-1017-1
Free Cash Flow-328484-81-358-171,1981,477218580325203-42
CFO/OP-112%188%-24%-443%-437%-2,550%2,793%-1,532%-1,006%-343%-331%-283%
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days4313196028361,21011786339117217161265
Inventory Days18,69625,8282,6491,9705,8621,6323,1423,2139,765
Days Payable5,1955,8913973659623196777762,743
Cash Conversion Cycle13,93231920,5398361,2102,3681,6915,2391,4302,6812,5987,288
Working Capital Days2,1401,4962,0573,7034,5642137461-140-376-939-1,460
ROCE %4%6%2%1%-1%-1%2%0%-3%-5%-5%-1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.30%66.30%66.30%66.30%66.07%50.09%50.09%50.09%50.09%50.09%49.86%46.68%
FIIs0.17%0.16%0.16%0.17%0.18%4.21%4.51%4.78%1.42%1.48%1.23%1.22%
DIIs0.01%0.01%0.01%0.01%0.01%0.22%0.27%0.24%0.47%0.71%0.31%0.02%
Public33.52%33.53%33.54%33.51%33.74%45.47%45.11%44.88%48.01%47.72%48.59%52.07%
No. of Shareholders1,28,3111,26,5991,23,9151,23,7001,20,3531,19,0881,17,1481,16,2601,18,1111,17,3521,16,9411,18,605

Fundamentals

Market Cap₹ 89.6 Cr.
Current Price₹ 2.06
Book Value₹ -51.8
ROCE-0.98 %
ROE%
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-15%
Compounded Profit Growth (TTM)17%
Consolidated figures.
Valuation
Market capRs 93 Cr
Enterprise valueRs 3,384 Cr
Price to book-0.05x
Price to sales0.39x
EV / EBITDA24.40x
EV / EBIT42.06x
EV / sales14.16x
Price to cash flow2.44x
Earnings yield-476.15%
P/B, 3-year average-0.32x
P/B, 5-year average-0.18x
Profitability
Operating margin (excl. other income)-4.80%
Operating margin (incl. other income)62.23%
EBITDA margin58.04%
Pre-tax margin-181.88%
Net profit margin-184.77%
Net margin, latest quarter-234.62%
ROE18.48%
ROCE7.48%
ROA-6.09%
ROE, 3-year average58.31%
ROCE, 3-year average-1.37%
ROA, 3-year average-9.26%
ROE, 5-year average174.41%
ROCE, 5-year average-1.27%
ROA, 5-year average-7.96%
ROIC (approx.)6.61%
Tax rate-2.62%
Other income / net worth-8.34%
Growth
Sales growth (latest year)-44.80%
Sales CAGR, 3 years-34.33%
Sales CAGR, 5 years-26.57%
Sales growth QoQ13.12%
Sales growth YoY (latest quarter)4.81%
Per share
EPS (TTM)Rs -10.14
EPS (latest quarter)Rs -3.29
EPS, 3-year averageRs -16.03
EPS, 5-year averageRs -13.30
Book value per shareRs -46.91
Sales per shareRs 5.49
Cash flow per shareRs 0.87
Free cash flow per shareRs -0.97
Efficiency
Asset turnover0.05x
Fixed asset turnover0.15x
Inventory turnover0.04x
Inventory days9765 days
Debtor days265 days
Debtors turnover1.38x
Creditor days2743 days
Cash conversion cycle7288 days
Working capital days-1460 days
Leverage
Total debtRs 3,325 Cr
Cash and bankRs 34 Cr
Net debtRs 3,291 Cr
Debt to equity-1.63x
Net debt / EBITDA23.73x
Interest coverage0.16x
Owners' fund to total sources-37.81%
Debt to assets61.58%
Cash flow
Cash from Operating Activity (latest year)Rs 38 Cr
Cash from Investing Activity (latest year)Rs -78 Cr
Cash from Financing Activity (latest year)Rs 39 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -42 Cr
FCFE (approx.: FCF + change in debt)Rs 43 Cr
Sales to cash flow6.68x
Statement figures
Net sales (TTM)Rs 239 Cr
Net sales (latest year)Rs 254 Cr
Sales (latest quarter)Rs 61 Cr
Operating profit excl. other income (latest year)Rs -12 Cr
Operating profit (latest quarter)Rs -4 Cr
Other income (TTM)Rs 183 Cr
EBITDA (TTM)Rs 139 Cr
PBDT (TTM)Rs -376 Cr
Profit before tax (TTM)Rs -434 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs -441 Cr
Net profit (latest year)Rs -345 Cr
Net profit (latest quarter)Rs -143 Cr
Depreciation (TTM)Rs 58 Cr
Depreciation (latest quarter)Rs 23 Cr
Interest (TTM)Rs 515 Cr
Cost of goods sold (latest year)Rs 107 Cr
Total expenditure (latest year)Rs 266 Cr
Total income (latest year)Rs 424 Cr
Share capitalRs 218 Cr
ReservesRs -2,259 Cr
Shareholders' fundsRs -2,041 Cr
Total assetsRs 5,400 Cr
Net blockRs 1,707 Cr
Capital work in progressRs 20 Cr
InvestmentsRs 13 Cr
ReceivablesRs 184 Cr
InventoryRs 2,853 Cr
Other liabilitiesRs 4,116 Cr
Shares outstanding (crore)43.52
Ownership
Promoter holding46.68% (-3.41 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodPARSVNATHNifty 50Difference
1 week+9.2%-2.8% +12.0 pts
1 month+43.0%-6.8% +49.7 pts
3 months-16.8%-7.6% -9.2 pts
6 months-64.3%+0.4% -64.7 pts
1 year-84.7%-9.9% -74.7 pts
2 years-87.5%-13.6% -73.9 pts
3 years-82.2%+14.2% -96.4 pts
5 years-85.6%+27.9% -113.5 pts

Red flags

F-score 5 of 8
seriousNegative equity Shareholders' equity is negative
explainReceivables outrunning sales Receivables grew -9% vs sales -45% in 2025
lookInventory outrunning sales Inventory grew -7% vs sales -45% in 2025
lookRepeated losses Net loss in each of the last two years
lookOn NSE surveillance On NSE surveillance: Insolvency
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Dec 2025
Sales ₹61 Cr +5.2% vs Dec 2024. Net loss ₹149 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-22Annual General Meeting
2022-09-22Annual General Meeting
2021-09-22 Annual General Meeting
2020-09-22 Annual General Meeting
2019-09-12 Annual General Meeting
2018-09-19 Annual General Meeting
2017-09-19 Annual General Meeting
2016-09-21 Annaul General Meeting
2015-09-22 Annual General Meeting
2014-09-11Annual General Meeting
2013-12-20Annual General Meeting
2012-09-12Annual General Meeting
2011-09-14Annual General Meeting
2010-10-18Face Value Split From Rs.10/- To Rs.5/-0.5000
2010-09-15Annual General Meeting
2009-09-11Annual General Meeting
2008-09-15Agm/Dividend - 30%
2007-07-30Agm/Dividend-25%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-11NCLTParsvnath Developers Ltd. Vs Savemax Wholesale Club Pvt. Ltd.
2021-05-17NCLTParsvnath Developers Ltd. Vs Savemax Wholesale Club Pvt. Ltd.
2021-05-17NCLTM/s. Taminder Kaur Dhupia V/s. M/s. Parsvnath Developers Ltd. Vs
2021-04-28NCLTParsvnath Developers Ltd. Vs Savemax Wholesale Club Pvt. Ltd.
2021-03-26NCLTM/s. Surjeet Kaur & Anr. Vs M/s. Parsvnath Developers Ltd.
2021-03-26NCLTM/s. Narender Kumar Jhawar Vs M/s. Parsvnath Developers Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
EPS in the scrip is zero (4 trailing quarters)Insolvency Resolution Process(IRP)

Quick answers

What is the market cap of Parsvnath Developers Ltd?

Parsvnath Developers Ltd (PARSVNATH) has a market capitalisation of Rs 89.6 Cr. at the 2026-10-01 close.

What were Parsvnath Developers Ltd's latest quarterly results?

In the Dec 2025 quarter, Parsvnath Developers Ltd sales was Rs 61 Cr (+5.2% vs Dec 2024) with a net loss of Rs 149 Cr.

What is the 52-week high and low of Parsvnath Developers Ltd?

The 52-week high is Rs 18.75 and the 52-week low is Rs 1.35.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03