MarketFriction

PVP Ventures Ltd

NSE PVP · BSE 517556 · Residential, Commercial Projects
₹50.47 -4.99%
NSE close2026-10-01
52 week range23.00 - 72.04
Market cap₹1,454 Cr.
P/E95.2
ASM long-term Price band 5% Delivery 56.3%

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales044332191717144146
Expenses377687141215103432
Operating Profit-3-3-3-4-5-45524713
OPM %-10,867%-59%-87%-143%-154%-172%27%29%14%28%17%29%
Other Income0737333-4443915
Interest1311101888910
Depreciation0111110111106
Profit before tax-4672-3-4-30-0-4-2-212
Tax %0%0%-202%-17%-20%-71%1,528%-78%-27%119%28%8%
Net Profit-4677-2-3-1-3-0-3-4-311
EPS in Rs-0.012.590.28-0.08-0.10-0.02-0.060.01-0.12-0.14-0.010.46
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales144156583744184917682790118
Expenses14011167816431424620357191
Operating Profit345-9-44-21-147129-12-81927
OPM %2.4%29%-15%-120%-47%-76%15%74%-141%-28%21%23%
Other Income5320-112-4-331448052031
Interest5147515969616810543435
Depreciation11122211221419
Profit before tax5-2-60-116-91-81-9526361-9-84
Tax %93%-620%3%0%3%0%0%9%-8%-3%18%
Net Profit08-62-116-93-81-9523866-9-101
EPS in Rs0.010.34-2.53-4.75-2.48-2.30-2.435.872.55-0.26-0.260.19
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-5%38%-20%182%
Compounded Profit Growth5%14%%906%
Stock Price CAGR29%65%74%84%
Return on Equity%%-2%-2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital244244244244244244244244244260260260
Reserves143-95-32-114-176-233-290-96-31-38-42
Borrowings1433633023493703593533731194323257
Other Liabilities15222322516717018520117871106130308
Total Liabilities681821776728669611566505339379375783
Fixed Assets69441312145444337315
CWIP039000000000
Investments150525244332918149826
Other Assets461762711671624568543487325328336462
Total Assets681821776728669611566505339379375783
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity662848-8-13176-13327020-23
Cash from Investing Activity-23121972027-8-12373-116
Cash from Financing Activity-44-40-63-4-6-21-1017-203-8-22189
Net Cash Flow-105-50-14-41-1-050
Free Cash Flow662541-10-14186-22329-219-52
CFO/OP-639%855%111%78%32%-85%-17%-173%254%-1%-469%-107%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days211453791613331347718106
Inventory Days040,9809,891
Days Payable27143
Cash Conversion Cycle2114537916133340,7229,8527718106
Working Capital Days-4148047081,6321,630241-1,320-1,457450-406190-168
ROCE %0%6%7%-2%-9%-5%-4%3%61%-2%1%6%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.39%61.40%61.40%61.40%61.40%61.34%61.34%61.34%61.30%61.30%61.30%61.30%
FIIs0.99%0.94%1.06%0.97%0.02%0.00%0.04%0.04%0.25%0.62%0.50%0.13%
DIIs0.18%0.17%0.17%0.17%0.15%0.15%0.15%0.10%0.00%0.00%0.00%0.00%
Public39.44%37.48%37.36%37.45%38.41%38.50%38.47%38.52%38.45%38.07%38.20%38.58%
No. of Shareholders37,02637,55345,42546,09044,67944,71944,63544,30943,70141,16439,94240,079

Fundamentals

Market Cap₹ 1,454 Cr.
Current Price₹ 55.9
Stock P/E95.2
Book Value₹ 8.38
ROCE6.37 %
ROE-2.24 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)182%
Compounded Profit Growth (TTM)906%
Consolidated figures.
Valuation
Market capRs 1,314 Cr
Enterprise valueRs 1,520 Cr
P/E (TTM)263.38x
Price to book6.02x
Price to sales11.13x
EV / EBITDA26.09x
EV / EBIT38.52x
EV / sales12.87x
Earnings yield0.38%
P/E, 3-year average14.94x
P/B, 3-year average3.23x
P/E, 5-year average8.10x
P/B, 5-year average1.66x
Profitability
Operating margin (excl. other income)21.21%
Operating margin (incl. other income)43.54%
EBITDA margin49.32%
Pre-tax margin3.45%
Net profit margin4.22%
Net margin, latest quarter26.47%
ROE-3.09%
ROCE7.05%
ROA-1.17%
ROE, 3-year average9.70%
ROCE, 3-year average9.92%
ROA, 3-year average5.18%
ROE, 5-year average131.04%
ROCE, 5-year average22.73%
ROA, 5-year average7.70%
ROIC (approx.)10.94%
Tax rate-17.59%
Other income / net worth9.18%
Growth
Sales growth (latest year)229.82%
Sales CAGR, 3 years-20.07%
Sales CAGR, 5 years38.13%
Sales growth QoQ10.14%
Sales growth YoY (latest quarter)165.19%
Profit growth YoY (latest quarter)4065.52%
Per share
EPS (TTM)Rs 0.19
EPS (latest year)Rs -0.26
EPS (latest quarter)Rs 0.46
EPS, 3-year averageRs 0.68
EPS, 5-year averageRs 1.10
Book value per shareRs 8.38
Sales per shareRs 4.54
Cash flow per shareRs -0.90
Free cash flow per shareRs -2.00
Efficiency
Asset turnover0.11x
Fixed asset turnover0.29x
Inventory turnover0.42x
Inventory days877 days
Debtor days106 days
Debtors turnover3.43x
Creditor days43 days
Cash conversion cycle106 days
Working capital days-168 days
Leverage
Total debtRs 257 Cr
Cash and bankRs 51 Cr
Net debtRs 206 Cr
Debt to equity1.18x
Net debt / EBITDA3.53x
Interest coverage1.12x
Current ratio (filing 2026-03-31)1.14x
Quick ratio (filing 2026-03-31)0.72x
Trade payables (filing 2026-03-31)Rs 23 Cr
Owners' fund to total sources27.87%
Debt to assets32.84%
Cash flow
Cash from Operating Activity (latest year)Rs -23 Cr
Cash from Investing Activity (latest year)Rs -116 Cr
Cash from Financing Activity (latest year)Rs 189 Cr
Net Cash Flow (latest year)Rs 50 Cr
Free cash flow (latest year)Rs -52 Cr
FCFE (approx.: FCF + change in debt)Rs 182 Cr
Cash from ops / profit, 5 years1.64x
Statement figures
Net sales (TTM)Rs 118 Cr
Net sales (latest year)Rs 90 Cr
Sales (latest quarter)Rs 46 Cr
Operating profit excl. other income (latest year)Rs 19 Cr
Operating profit (latest quarter)Rs 13 Cr
Other income (TTM)Rs 31 Cr
EBITDA (TTM)Rs 58 Cr
PBDT (TTM)Rs 23 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs -7 Cr
Net profit (latest quarter)Rs 12 Cr
Depreciation (TTM)Rs 19 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 35 Cr
Cost of goods sold (latest year)Rs 23 Cr
Total expenditure (latest year)Rs 71 Cr
Total income (latest year)Rs 110 Cr
Share capitalRs 260 Cr
ReservesRs -42 Cr
Shareholders' fundsRs 218 Cr
Total assetsRs 783 Cr
Net blockRs 315 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 6 Cr
ReceivablesRs 26 Cr
InventoryRs 54 Cr
Other liabilitiesRs 308 Cr
Shares outstanding (crore)26.04
Ownership
Promoter holding61.30% (-0.04 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 263.4 is at the 87th percentile of its own 3.2-year range (median 12.8, low 1.8, high 357.4).
P/B 6.02 is at the 81th percentile (median 2.69).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPVPNifty 50Difference
1 week-22.6%-2.8% -19.8 pts
1 month-22.4%-6.8% -15.6 pts
3 months+75.0%-7.6% +82.6 pts
6 months+114.9%+0.4% +114.5 pts
1 year+66.2%-9.9% +76.1 pts
2 years+61.4%-13.6% +75.0 pts
3 years+376.1%+14.2% +362.0 pts
5 years+973.8%+27.9% +945.9 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -7% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 1809% vs sales +230% in 2026
explainDebt up, profit down Borrowings up 1006% while net profit fell in 2026
lookRepeated losses Net loss in each of the last two years
lookAuditor change Auditor change 2025-12-08: PVP Ventures Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: ASM long-term
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

Jun 2026
Sales ₹46 Cr +170.6% vs Jun 2025. Net profit ₹11 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-17Annual General Meeting
2023-08-25Annual General Meeting
2022-09-22Annual General Meeting
2021-09-22 Annual General Meeting
2020-12-03 Annual General Meeting
2019-09-19 Annual General Meeting
2018-09-03 Annual General Meeting
2017-09-21 Annual General Meeting
2016-09-20 Annual General Meeting
2015-09-23 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-19Annual General Meeting
2012-09-13Annual General Meeting
2011-09-15Annual General Meeting
2010-09-21Annual General Meeting
2009-09-18Annual General Meeting
2008-09-18Annual General Meeting
2008-03-18Annual General Meeting
2007-02-27Agm
2006-03-13Agm
DateTypeWhat it says
2026-09-30ResignationResignation of Ms Ellen Jane Feehan as Chief Executive Officer of the company w.e.f. September 24, 2026.
2026-09-30ResignationResignation of Ms Dr. Neeraja Nagarajan as Executive Director of the company w.e.f. September 24, 2026.
2026-09-30ResignationResignation of Ms Dr. Neeraja Nagarajan as Other of the company w.e.f. September 24, 2026.
2026-09-30ResignationResignation of Ms Ellen Jane Feehan as Executive Director of the company w.e.f. September 24, 2026.
2026-09-24ResignationResignation of Ms Dr. Neeraja Nagarajan as Other of the company w.e.f. September 24, 2026.
2026-09-24ResignationResignation of Ms Dr. Neeraja Nagarajan as Executive Director of the company w.e.f. September 24, 2026.
2026-09-24ResignationResignation of Ms Ellen Jane Feehan as Executive Director of the company w.e.f. September 24, 2026.
2026-09-24ResignationResignation of Ms Ellen Jane Feehan as Chief Executive Officer of the company w.e.f. September 24, 2026.
2026-09-17Record DateRecord date for the purpose of Reg 60 : Record Date for the interest payment in respect of the Non-Convertible Debentures (NCDs) is 23-Sep-2026.
2026-09-07Shareholder meetingThe report of the scrutinizer
2026-09-07Shareholder meetingProceedings of Annual General Meeting held on September 07, 2026
2026-09-07ResignationResignation of Director/KMP/SMP
2026-09-07Change in Company Secretary/Change in Company Secretary/Compliance Officer under Schedule III, Part A, 7C of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2...
2026-09-07Change in Company Secretary/Resignation of Company Secretary and Compliance Officer of the company
2026-09-07Change in Company Secretary/Appointment of Company Secretary and Compliance officer of the company
2026-09-07Board meeting outcomeOutcome of Board Meeting held on September 07, 2026.
2026-09-03Credit Rating- RevisionCredit Rating- Revision
2026-08-29CorrigendumCorrigendum to Notice of Annual General Meeting
2026-08-20AddendumAddendum to the Annual Report
2026-08-14ResignationResignation of Director/KMP/SMP
2026-08-14UpdatesIntimation of Reg 36(1) of SEBI LODR, 2015.
2026-08-14UpdatesAnnual Report of PVP Ventures Limited.
2026-08-14Shareholder meetingNotice of Annual General Meeting to be held on September 07, 2026
2026-08-14ResignationResignation of Mr. Dileep Badey as Executive Director of the company w.e.f. August 14, 2026.
2026-08-14ResignationResignation of Mr. Kushal Kumar as Non- Executive Independent Director of the company w.e.f. August 14, 2026.
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.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1Scrip PE is greater than 50 (4 trailing quarters)
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03