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Parshwanath Corp share price

Parshwanath Corporation Ltd.

BSE: 511176 SECTOR: Finance - Housing  3618   5   1

45.87
0 0
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 47.29

Today's Low

₹ 45.87

52 Week High

₹ 85

52 Week Low

₹ 26.13

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

14.37 Cr.

Advances

0 Cr.

No. of Shares

0.31 Cr.

P/E

25.16

P/B

1.25

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  36.62

Operating Revenue

0.52 Cr.

Net Profit

0.29 Cr.

Promoter Holding

74.69 %

EPS (TTM)

₹  1.82

Sales Growth

25.43

ROE

2.65 %

ROCE

3.08%

Profit Growth

-2.73 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year25.43%
3 Year-18.93%
5 Year11.1%

Profit Growth

1 Year-2.73%
3 Year-26.69%
5 Year60.74%

ROE%

1 Year2.65%
3 Year3.29%
5 Year4.51%

ROCE %

1 Year3.08%
3 Year3.93%
5 Year5.44%

ROA%

2.5516848625048

PEG Ratio

NA

PAT Margin (%)

55.5876130025005

EPS Growth(%)

NA

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.69 0
Dec 2023 74.69 0
Sep 2023 74.69 0
Jun 2023 74.69 0
Mar 2023 74.69 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has maintained a good ROA of 3.22275162479092% in last 3 years.
  • The company is trading at 0.80189262424818 times the book value
  • Promoters shareholding is 74.69%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 3.29416962743391%.
  • The company a poor ROCE track record of 3.93077816943155% since last 3 years.
  • PAT margin has shrunk by 16.0891059359796%.
  • The company has delivered poor profit growth of -18.9311686106285% over past 3 years
  • The company has delivered poor Operating Income growth of -18.9311686106285% over past 3 years.
  • Provision and contingencies have increased by 39.842328684051%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 0.09 0.25 0.19 0.13 0.23
Other Income 0.13 0.15 0.15 0.16 0.17
Interest Expended 0 0 0 0 0
Operating Expenses 0.19 0.23 0.21 0.19 0.17
Total Provisions 0.01 0.03 0 0.03 0
Depreciation 0 0 0 0 0
Profit Before Tax 0.02 0.14 0.14 0.06 0.22
Tax 0.01 0.03 0.01 0.01 0.05
Net Profit 0.03 0.16 0.12 0.12 0.17
Adjusted EPS (RS) 0.1 0.51 0.39 0.37 0.55

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 0.65 0.98 0.44 0.41 0.52
Other Income 0.61 0.63 0.55 0.48 0.51
Interest 0 0 0 0 0
Operating Expenses 0.53 0.6 0.45 0.42 0.52
Total Provisions 0.25 0.23 0.21 0.16 0.23
Exceptional Items 0.09 0.1 0.21 0.05 0.06
Profit Before Tax 0.57 0.88 0.55 0.36 0.34
Tax 0.11 0.14 0.09 0.06 0.06
Profit After Tax 0.46 0.73 0.45 0.3 0.29
Adjusted EPS (Rs.) 1.47 2.34 1.45 0.95 0.92

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.13 3.13 3.13 3.13 3.13
Total Reserves 6.15 6.88 7.34 7.63 7.92
Borrowings 0 0 0 0 0
Other N/C liabilities 0.02 0.02 0.03 0.03 0.03
Current liabilities 0.05 0.12 0.1 0.31 0.46
Total Liabilities 9.35 10.15 10.59 11.1 11.55
Assets
Loans 0 0 0 0 0
Net Block 0.14 0.04 0 0 0.01
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Other Loans 0.44 0.44 0.44 0.44 0.45
Other N/C Assets 0.05 0.06 0.06 0.06 0.07
Current Assets 8.72 9.62 10.09 10.6 11.03
Total Assets 9.35 10.15 10.59 11.1 11.55
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.69 74.69 74.69 74.69 74.69
chunibhai d patel 0.02 0.02 0.02 0.02 0.02
hemaben dipakbhai patel 0.33 0.33 0.33 0.33 0.33
indiraben navnitbhai pate... 3.78 3.78 3.78 3.78 3.78
manisha pratik patel 0.32 0.32 0.32 0.32 0.32
minal kshitij patel 0.33 - - 0.33 0.33
preeti suhrud patel 0.33 0.33 0.33 0.33 0.33
raj rushabh patel 36.85 36.85 36.85 36.85 36.85
riddhi rushabh patel 10.31 10.31 10.31 10.31 10.31
rushabh navnitbhai patel 22.41 22.41 22.41 22.41 22.41
minal patel - 0.33 0.33 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.31 25.31 25.31 25.31 25.31
ashish bharatkumar shah 1.56 1.56 1.56 1.56 1.56
pearl fintrade llp 3.17 3.17 - 3.17 3.17
independent director 0.02 - - 0.02 -
llp 3.17 3.17 3.17 3.17 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Parshwanath Corp Stock Price Analysis and Quick Research Report. Is Parshwanath Corp an attractive stock to invest in?

 

Housing finance companies is a highly concentrated business-facing fierce competition and the industry has remained competitive for several years. The growth of the economy and also increase in the per capita income of individuals impact the housing industry as a whole.

These companies provide finance for housing in India to individuals and corporations. The housing finance companies majorly cater to low and middle-income individuals. The proportion of loans coming from housing companies is significantly increasing.

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Parshwanath Corp better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 0.289 Cr and the compounded growth of profit in the past 3 years is -26.6893185364876 %. The PAT margin of Parshwanath Corp is 55.5876130025005 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Parshwanath Corp , the EPS declined by -2.73005164962581 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Parshwanath Corp has a poor ROE track record. The ROE of Parshwanath Corp is at 2.64897020137673 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Parshwanath Corp is worth at the current levels at Rs 45.87. Parshwanath Corp is trading at a current P/E ratio of 30.67837017772 and the average historical P/E for the last 5 years was 15.9083938735801.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Parshwanath Corp is trading at a P/B of 1.2527 . The average historical P/B for the last 5 years was 0.484562756268671. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Parshwanath Corp is Rs 45.87. One can use valuation calculators of ticker to know if Parshwanath Corp share price is undervalued or overvalued.

Last Updated on:
Brief about Parshwanath Corp
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