Prime Property Development Corporation Ltd - Stock Valuation and Financial Performance

BSE: 530695 | NSE: | Construction - Real Estate | Small Cap

Prime Prop. Dev Corp Share Price

30.23 -0.87 -2.80%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Prime Prop. Dev Corp

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Prime Property Development Corporation stock performance -

mw4me loader
P/E Ratio (SA):
38.89
Market Cap:
52.8 Cr.
52-wk low:
25
52-wk high:
47.9

Is Prime Property Development Corporation Ltd an attractive stock to invest in?

1. Is Prime Property Development Corporation Ltd a good quality company?

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

2. Is Prime Property Development Corporation Ltd undervalued or overvalued?

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

3. Is Prime Property Development Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Prime Property Development 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 Prime Prop. Dev 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.
Prime Property Development Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.1%1.9%43.8%6.5%4.8%1.7%-24.6%-6%1.1%1.3%-
Value Creation
Index
-0.2-0.92.1-0.5-0.7-0.9-2.8-1.4-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 25.2048.5973.600000
Sales YoY Gr.--100%NA-81.4%-22.1%-48.3%-100%NANANA-
Adj EPS 2.40.412.82.81.80.9-11.8-24.20.30.8
YoY Gr.--85.5%3542.9%-78.2%-35.3%-52.8%-1488.2%NANA-93.3%-
BVPS (₹) 41.540.751.954.755.556.444.241.545.645.946.2
Adj Net
Profit
4.10.621.64.73.11.4-20-3.37.10.51
Cash Flow from Ops. 6.1-4.8-5.521.4-0.51.1-1-0.6-4.4-
Debt/CF from Ops. 0000000-0.7-11-0.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%NANA
Adj EPS -21.3%-31.1%NA-93.3%
BVPS1.1%-3.7%1.3%0.7%
Share Price 3% 17.5% 23.6% 10%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
5.70.927.65.23.31.5-23.5-4.69.60.61.7
Op. Profit
Mgn %
19.2061.861.557.228.90000NAN
Net Profit
Mgn %
16.3044.752.543.539.70000INF
Debt to
Equity
000000000.100
Working Cap
Days
69604662,9473,5826,78100000
Cash Conv.
Cycle
238045-20-19-1500000

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 1.70%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Prime Property Development Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 0.8 1.7
TTM Sales (₹ Cr.) 0 29.4
BVPS (₹.) 46.2 45.9
Reserves (₹ Cr.) 70 69
P/BV 0.67 0.68
PE 38.89 18.74
From the Market
52 Week Low / High (₹) 25.00 / 47.90
All Time Low / High (₹) 0.38 / 186.75
Market Cap (₹ Cr.) 52.8
Equity (₹ Cr.) 8.5
Face Value (₹) 5
Industry PE 72.9

Management X-Ray of Prime Prop. Dev 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 Prime Prop. Dev Corp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales25.17048.458.9973.620000
Operating Expenses 20.352.0118.493.4732.5723.385.492.891.64
Manufacturing Costs0.180.160.240.360.270.140.310.100.110.14
Material Costs9.62013.28000.150000
Employee Cost 1.110.650.600.670.610.550.380.520.520.47
Other Costs 9.441.204.372.432.121.7322.704.872.271.03
Operating Profit 4.82-2.0129.965.5241.05-23.38-5.49-2.89-1.64
Operating Profit Margin (%) 19.2%-61.8%61.5%57.2%28.9%----
Other Income 3.333.454.580.530.550.602.461.424.113.11
Interest 000.030.020.0500.130.160.160.38
Depreciation 0.150.140.150.150.080.080.080.320.400.40
Exceptional Items 0000000000
Profit Before Tax 7.991.2934.375.894.421.57-21.13-4.550.650.69
Tax 3.890.7012.721.171.370.02-0.280.02-6.220.22
Profit After Tax 4.100.5921.654.723.051.55-20.85-4.576.870.47
PAT Margin (%) 16.3%-44.7%52.5%43.5%42.8%----
Adjusted EPS (₹)2.40.412.82.81.80.9-12.3-2.74.10.3
Dividend Payout Ratio (%)41%286%8%36%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

Shareholders Fund 70.456988.0592.7594.1295.7374.9670.4877.4577.96
Share Capital 8.498.498.498.498.498.498.498.498.498.49
Reserves 61.9660.5179.5784.2685.6387.2566.486268.9769.48
Minority Interest0000000000
Debt000000005.820
Long Term Debt0000000000
Short Term Debt000000005.820
Trade Payables0.100.160.120.170.090.090.030.050.050.05
Others Liabilities 14.0511.5420.499.516.813.732.683.32-3.12-3.11
Total Liabilities 84.6080.70108.66102.42101.0299.5677.6873.8580.2174.90

Fixed Assets

Gross Block5.515.705.815.855.965.935.946.595.185.18
Accumulated Depreciation3.513.653.803.954.034.124.204.063.073.48
Net Fixed Assets1.992.042.011.901.921.811.742.532.111.70
CWIP 0000000000
Investments 30.7530.7530.2030.1830.1430.1146.5630.1030.1030.10
Inventories12.0712.5800000000
Trade Receivables0000000000
Cash Equivalents 3.820.320.401.050.880.842.420.991.850.20
Others Assets35.9735.0176.0569.3068.0866.8026.9540.2446.1542.90
Total Assets 84.6080.70108.66102.42101.0299.5677.6873.8580.2174.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 6.11-4.76-5.542.021.44-0.511.05-1.02-0.58-4.39
PBT 7.991.2934.375.894.421.57-21.13-4.550.650.69
Adjustment -3.15-3.28-7.77-0.01-0.36-0.23-0.37-0.28-0.93-2.24
Changes in Working Capital 4.58-0.18-22.7-1.1-1.74-1.722.653.89-0.25-2.54
Tax Paid -3.33-2.60-9.45-2.75-0.87-0.14-0.10-0.07-0.05-0.30
Cash Flow From Investing Activity 3.323.267.720.320.430.470.53-0.261.613.11
Capex -0.01-0.190000.05-0.010.0200
Net Investments 0000000000
Others 3.333.457.720.320.430.420.54-0.281.613.11
Cash Flow From Financing Activity -5.91-1.99-2.09-1.70-2.0400-0.15-0.16-0.37
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000-0.15-0.16-0.37
Dividend Paid 0-0.35-1.70-1.70-1.7000000
Others -5.91-1.65-0.400-0.3500000
Net Cash Flow 3.52-3.500.080.65-0.17-0.031.58-1.430.87-1.65
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)5.670.8527.575.223.261.63-24.43-6.299.280.6
ROCE (%)11.051.8643.816.534.781.65-24.61-6.011.051.32
Asset Turnover Ratio0.300.510.090.070.040000
PAT to CFO Conversion(x)1.49-8.07-0.260.430.47-0.33N/AN/A-0.08-9.34
Working Capital Days
Receivable Days0000000000
Inventory Days243000000000
Payable Days804002090000

Prime Property Development Corporation Ltd Stock News

Prime Property Development Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prime Prop. Dev Corp on 21-Nov-2024 16:59 is ₹30.23.
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 21-Nov-2024 16:59 the market cap of Prime Prop. Dev Corp stood at ₹52.78.
The latest P/E ratio of Prime Prop. Dev Corp as of 21-Nov-2024 16:59 is 38.89.
The latest P/B ratio of Prime Prop. Dev Corp as of 21-Nov-2024 16:59 is 0.67.
The 52-week high of Prime Prop. Dev Corp is ₹47.90 and the 52-week low is ₹25.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Prime Prop. Dev Corp is ₹0.00 ( Cr.) .

About Prime Property Development Corporation Ltd

Prime Property started its real estate activity in the year 2002, with the launch of its “Prime Avenue” project at S V Road, Vile Parle (W), having two towers ‘A’ & ‘B’.

Prime Property Development Corporation, a BSE-listed company, has been promoted by. Padamshi l. Soni, a man with vision; a man whose foundation is built on Quality, Trust and Promise. His diverse expertise in business, spanning more than three decades, of which 16 years is in real estate, has garnered the growth of Prime Property.  He has been instrumental in the construction of landmark residential and commercial buildings for high end customers in Mumbai.The company has now positioned itself as a unique company catering to the high-end of the property market.

Functioning from its owned premises in JVPD Scheme, Mumbai, Prime Property started its real estate activity in the year 2002, with the launch of its “Prime Avenue”.  In a short span since then, the company has made a name for itself as a quality developer of real estate, having constructed such other landmark projects as “Prime Plaza”, “Prime Centre” and “Prime Beach”.  All these projects are located on prime land, are luxurious residential apartments and large commercial units like show rooms, shops and offices.

PROJECT COMPLETED

  • Prime Avenue
  • Prime Plaza
  • Prime Centre
  • Prime Beach

PROJECTS ON HAND

  • Prime Down Town Mall 
  • Prime Tech Park
  • Prime Square Prime Pune Mall

PROJECTS IN PLANNING

  • Prime Shoppe - Vile Parle (West)
  • Prime Pune(Residential) - Pimpri, Pune  

Awards/ Achievements

The promoter of the company has been honoured with Kutch Shakti Vyapar Ratna Award for his achievements in business and services to the community.

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