Parsvnath Developer Ltd
NSE: PARSVNATH · Residential, Commercial Projects · sector
₹2.78NSE close 2026-10-26
Key numbers
Market cap₹121 cr
Price₹2.78
52w high / low₹19 / ₹1
P/E–Sector median 18.7x
P/B–Sector median 1.4x
Book value₹-51.8
Dividend yield–Sector median 0.54%
ROE–Sector median 5.5%
ROCE12.6%Sector median 6.5%
OPM35.5%Sector median 12.1%
Debt / equity–Sector median 0.36x
EV/EBITDA35.2xSector median 17.7x
Interest cover0.2x
Current ratio0.76x
Sales growth 3y-34.4%Sector median +16.6%
Profit growth 3y–Sector median +28.0%
PEG–
Last 12 months to Dec 2025, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹34 cr vs borrowings ₹2,920 cr (FY25): borrowings are higher by ₹2,886 cr.
- Operating profit covered interest 0.2x in the last 12 months.
- 14.29% of the promoters' shares are pledged (6.7% of all shares).
- Promoter holding fell by 3.41 percentage points in a year, to 46.68% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 4 years.
- Net loss in 8 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Debtor days went from 215 (FY23) to 265 (FY25).
- No dividend in the last 5 financial years.
- Price ₹2.78 on 2026-10-26: -85.2% from the 52-week high, +105.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹26.47 · low ₹1.41
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 87 | 88 | 47 | 58 | 61 | 63 | 54 | 61 |
| EBITDA | -42 | 13 | -10 | 69 | 37 | 76 | -24 | -4 |
| OPM % | -48.4% | 14.4% | -22.1% | 118.2% | 61.6% | 120.1% | -45.3% | -6.6% |
| Other income | 24 | 2 | 1 | 2 | 44 | 1 | 1 | 7 |
| Net profit | -307 | -101 | -128 | -31 | -87 | -59 | -154 | -143 |
| EPS (₹) | -7.05 | -2.32 | -2.94 | -0.71 | -1.97 | -1.36 | -3.53 | -3.29 |
| Revenue YoY | -30.4% | -28.1% | +14.7% | +4.8% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Dec 2025.
Profit & loss (yearly)
| ₹ cr | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 358 | 899 | 440 | 462 | 254 | 239 |
| EBITDA | -6 | -56 | -232 | -18 | 108 | 85 |
| Net profit | -427 | -492 | -800 | -594 | -347 | -443 |
| EPS (₹) | -9.82 | -11.31 | -18.39 | -13.63 | -7.94 | -10.15 |
| Revenue growth | +151.0% | -51.0% | +5.0% | -45.1% | -14.8% | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -34.4% | – | -14.8% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -62.3% (2y) | -84.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Shareholders' equity | – | -1,103 | -1,696 | -2,041 |
| Borrowings | – | 2,968 | 2,843 | 2,920 |
| Cash & equivalents | – | 93 | 463 | 34 |
| Total assets | – | 6,375 | 5,948 | 5,400 |
| Fixed assets | – | 5 | 5 | 5 |
| Capital work in progress | – | 21 | 21 | 20 |
| Investments | – | 175 | 13 | 13 |
| Receivables | – | 260 | 203 | 184 |
| Inventory | – | 3,358 | 3,069 | 2,853 |
| Payables | – | 716 | 742 | 801 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Cash from operations | 468 | 374 | 261 | 38 |
| Cash from investing | 39 | -59 | -31 | -78 |
| Cash from financing | -525 | -325 | -213 | 39 |
| Capex | 0 | 50 | 61 | 94 |
| Free cash flow | 468 | 325 | 201 | -56 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| ROE % | – | 72.6% | 35.0% | 17.0% |
| ROCE % | – | -13.9% | -3.8% | 12.0% |
| Debtor days | – | 215 | 161 | 265 |
| Inventory days | – | 3,142 | 3,213 | 10,547 |
| Payable days | – | 670 | 776 | 2,962 |
| Cash conversion cycle (days) | – | 2,687 | 2,598 | 7,850 |
| Working capital days | – | -297 | -569 | -1,411 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 46.68% |
| FIIs | 0.11% |
| DIIs | 0.01% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 53.20% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 49.86% | 46.68% | 46.68% |
| Promoter group | % |
|---|---|
| Pradeep Kumar Jain & Sons HUF | 14.87% |
| Nutan Jain | 10.31% |
| Pradeep Kumar Jain | 6.84% |
| Parasnath and Associates PVT. Ltd. | 5.83% |
| Pranav Jain | 4.62% |
| Neha Jain | 4.16% |
| Ajay Kumar Jain | 0.03% |
| Neelam Jain | 0.01% |
| Rajeev Jain | 0.00% |
| Sanjeev Jain | 0.00% |
| Sheetal Prasad Jain | 0.00% |
| Public holders above 1% | % |
|---|---|
| Dnyaneshwar Trading and Investments PVT Ltd | 2.75% |
| Bahubali Properties Limited | 2.19% |
| Edelweiss Asset Reconstruction Company Limited . | 1.85% |
| Kifs Trade Capital Private Limited | 1.29% |
1,19,028 shareholders. Pledged: 14.29% of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| PARSVNATH | ₹121 cr | – | – | – | 12.6% | 35.5% | -34.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-12 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-19 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annaul General Meeting |
| 2015-09-22 | Other | Annual General Meeting |
| 2014-09-11 | Other | Annual General Meeting |
| 2013-12-20 | Other | Annual General Meeting |
| 2012-09-12 | Other | Annual General Meeting |
| 2011-09-14 | Other | Annual General Meeting |
| 2010-10-18 | Split | Face Value Split From Rs.10/- To Rs.5/- |
| 2010-09-15 | Other | Annual General Meeting |
| 2009-09-11 | Other | Annual General Meeting |
| 2008-09-15 | Dividend | Agm/Dividend - 30% |
| 2007-07-30 | Dividend | Agm/Dividend-25% |
Documents
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Annual report FY21
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | PARSVNATH |
| BSE code | 532780 |
| ISIN | INE561H01026 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.