Parshwanath Corporation Ltd - Stock Valuation and Financial Performance

BSE: 511176 | NSE: | Finance - Housing | Small Cap

Parshwanath Corp Share Price

77 0.00 0.00%
as on 27-Nov'24 16:59

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Parshwanath Corporation stock performance -

mw4me loader
P/E Ratio (SA):
32.20
Market Cap:
24.1 Cr.
52-wk low:
31.4
52-wk high:
134

Is Parshwanath Corporation Ltd an attractive stock to invest in?

1. Is Parshwanath Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Parshwanath Corporation Ltd is a below average quality company.

2. Is Parshwanath Corporation Ltd undervalued or overvalued?

The key valuation ratios of Parshwanath Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Parshwanath Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Parshwanath Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Parshwanath Corp:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Parshwanath Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Operating Income (₹ Cr.)0.60.30.20.30.710.40.40.50.61
YoY Gr. Rt. %--53.3%-14.3%29.2%109.7%50.8%-55.1%-6.8%26.8%13.5%-
Adj EPS (₹ ) 1.90.90.4-0.11.52.31.510.91.72.4
YoY Gr. Rt. %--51.6%-56.4%-126.8%NA59.2%-38%-34.5%-3.2%79.4%-
BVPS (₹ )2727.928.328.229.63233.434.435.33738.5
YoY Gr. Rt. %-3.5%1.3%-0.4%5.2%7.9%4.5%2.8%2.7%4.7%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)7.43.41.4-0.457.54.42.72.64.40

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income-0.2%-1.9%10.3%13.5%
Adj EPS-1.8%2.3%4.4%79.4%
BVPS3.6%4.5%3.4%4.7%
Share Price 17.4% 38.3% 29.5% 114.7%

Key Financial Ratios

RATIOS \ YEARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)101.9105.452.3-10.87175.2102.371.755.687.195.9
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)7.53.41.5-0.45.17.64.42.82.74.66.2

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.30%

Total Income has increased 10.27 CAGR in last 3 years

Net Profit has increased 4.40 CAGR in last 3 years

Total income growth is good in last 4 quarters

No data to display

Latest Financials - Parshwanath Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 -
TTM Sales (₹ Cr.) 0.8 -
BVPS (₹.) 38.5 -
Reserves (₹ Cr.) 9 -
P/BV 2.00 -
PE 32.20 -
From the Market
52 Week Low / High (₹) 31.40 / 133.98
All Time Low / High (₹) 4.17 / 133.98
Market Cap (₹ Cr.) 24.1
Equity (₹ Cr.) 3.1
Face Value (₹) 10
Industry PE 19.9

Management X-Ray of Parshwanath Corp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Parshwanath Corp

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income1.340.900.850.861.251.6010.891.031.26
Interest Income0.600.280.240.310.650.980.440.410.520.59
Other Income 0.740.620.610.550.610.630.550.480.510.67
Expenditure 0.810.660.730.930.780.830.660.580.740.78
Interest Expense 0000000000
Operating Expenses 0.680.600.540.650.530.600.450.420.520.57
Provisions 0.140.060.190.280.250.230.210.160.230.21
Exceptional Items 00.040.040.040.090.100.210.050.060.06
Profit Before Tax 0.520.290.16-0.030.570.880.550.360.340.55
Taxes -0.08-0.010.0400.110.140.090.060.060.03
Profit After Tax 0.610.290.13-0.030.460.730.450.300.290.52
Adjusted EPS (₹)1.90.90.4-0.11.52.31.51.00.91.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital8.448.738.858.829.2810.0110.4710.7611.0611.57
Share Capital 3.133.133.133.133.133.133.133.133.133.13
Reserves 5.315.605.725.696.156.887.347.637.928.44
Minority Interest0000000000
Long Term Borrowings0.010.010.010.020.020.020.030.030.030.04
Current Liabilities 0.080.080.060.100.050.120.100.310.460.54
Trade Payables0.080.080.060.060.040.100.050.050.090.06
Short term borrowings0000.010000.240.310.42
Other Liabilities-0.08-0.08-0.06-0.07-0.04-0.10-0.05-0.29-0.40-0.48
Total Liabilities 8.538.838.938.949.3510.1510.5911.1011.5512.15

Assets

Non Current Asset 1.010.910.790.690.630.530.500.500.520.53
Loan Asset 0000000000
Other Non Current Asset 1.010.910.790.690.630.530.500.500.520.53
Current Asset 7.527.928.138.248.729.6210.0910.6011.0311.62
Current Investment0.050.050.060.010000.010.010.01
Other Current Asset7.467.868.078.248.729.6210.0910.5911.0211.61
Total Assets 8.538.838.938.949.3510.1510.5911.1011.5512.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.98-0.27-0.42-0.70-0.010.30-0.31-0.25-0.15-0.22
Cash Flow From Investing Activity 00.610.600.550.630.610.690.470.510.66
Cash Flow From Financing Activity 0000.01-0.01000.240.070.11
Net Cash Flow 0.980.340.18-0.150.610.910.380.460.430.55
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)2100121112
DPS (₹)0000000000
BVPS (₹)27282828303233343537

Performance Ratios

ROA (%)7.43.41.4-0.45.07.54.42.72.64.4
ROE (%)7.53.41.5-0.45.17.64.42.82.74.6
ROCE (%)6.43.31.9-0.46.39.15.43.43.14.7

Valuation Parameters

Price/Book(x)0.60.40.60.40.00.00.80.90.81.7

Parshwanath Corporation Ltd Stock News

Parshwanath Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Parshwanath Corp on 27-Nov-2024 16:59 is ₹77.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Nov-2024 16:59 the market cap of Parshwanath Corp stood at ₹24.12.
The latest P/E ratio of Parshwanath Corp as of 27-Nov-2024 16:59 is 32.20.
The latest P/B ratio of Parshwanath Corp as of 27-Nov-2024 16:59 is 2.00.
The 52-week high of Parshwanath Corp is ₹134.0 and the 52-week low is ₹31.40.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Parshwanath Corp is ₹0.78 ( Cr.) .

About Parshwanath Corporation Ltd

Parshwanath Corporation, earlier known as Parshwanath Housing Finance Corporation was incorporated in 1986. It is part of the Parshwanath Group, which in its 40 years of existence has been associated with 120 projects, 20,000 designed spaces, 10.7 million square feet built up spaces and 26 million square feet land development in and around Ahmedabad. In 2011 the company changed its name from Parshwanath Housing Finance Ltd. to Parshwanath Corporation Ltd.

The registered office of the company is located at 50, Harsiddha Chambers, 3rd Floor, Ashram Road, Ahmedabad-380014, Gujarat.

Business area of the company

The company provides housing finance loans for the various group projects. It offers loans especially to the low-income group at much more attractive rates than the prevalent lending rates in the informal sector. Loans are extended directly to borrowers and also channeled from the state corporation, Gujarat Cooperative Housing Finance Corporation.

Group Companies

  • Shree Parshwanath Corporation
  • Shree Parshwanath Construction Corporation
  • Parshwanath Corporation
  • Vaibhav Laxmi Corporation
  • Chinmay Corporation
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