Parsvnath Developers Ltd
NSE: PARSVNATH BSE: 532780Infra
Incorporated in 1990, Parsvnath Developers Ltd is in the business of promotion, construction and development of real estate[1]
₹5.11
52W: ₹5.11 — ₹27.5
PE 0 · Book ₹0.94 · +444% vs bookMarket Cap₹222 Cr
Stock P/E—Price to Earnings
ROCE4.13%Return on Capital
ROE303%Return on Equity
Div. Yield0%Face Value ₹5
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -40.0% over past five years.
- −Company has a low return on equity of -76.7% over last 3 years.
- −Contingent liabilities of Rs.1,407 Cr.
- −Promoters have pledged 31.4% of their holding.
- −Company has high debtors of 725 days.
- −Promoter holding has decreased over last 3 years: -16.4%
Shareholding Pattern
Promoters49.86%
FIIs1.23%
DIIs0.31%
Public48.59%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66.3% | 66.07%▼0.2 | 50.09%▼16.0 | 50.09% | 50.09% | 50.09% | 50.09% | 49.86%▼0.2 |
| FIIs | 0.17% | 0.18%▲0.0 | 4.21%▲4.0 | 4.51%▲0.3 | 4.78%▲0.3 | 1.42%▼3.4 | 1.48%▲0.1 | 1.23%▼0.3 |
| DIIs | 0.01% | 0.01% | 0.22%▲0.2 | 0.27%▲0.1 | 0.24%▼0.0 | 0.47%▲0.2 | 0.71%▲0.2 | 0.31%▼0.4 |
| Public | 33.51% | 33.74%▲0.2 | 45.47%▲11.7 | 45.11%▼0.4 | 44.88%▼0.2 | 48.01%▲3.1 | 47.72%▼0.3 | 48.59%▲0.9 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 65 | 157 | 43 | 36 | 17 | 15 | 19 | 13 | 18 | 19 |
| Expenses | 35 | 120 | 120 | 37 | 28 | 23 | 81 | 19 | 26 | 19 |
| Operating Profit | 31 | 37 | -77 | -2 | -11 | -7 | -62 | -5 | -8 | 0 |
| OPM % | 47% | 23% | -176% | -4% | -69% | -46% | -326% | -39% | -42% | 2% |
| Net Profit | -9 | 3 | -336 | -43 | -55 | 30 | -70 | 8 | -59 | -51 |
| EPS ₹ | -0.21 | 0.08 | -7.71 | -0.99 | -1.27 | 0.68 | -1.62 | 0.19 | -1.35 | -1.17 |
AI Insights
Revenue Trend
TTM revenue at ₹70Cr, down 18.6% YoY. OPM at -107%.
Debt Position
Borrowings at ₹1,131Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0.31% (+0.30pp change). FIIs: 1.23% (+1.07pp change). Promoters hold 49.86%.
Margin & Efficiency
ROCE declining from 4% (Mar 2014) to -4% (Mar 2025). Working capital days: -2961.
Recent Announcements
- Corporate Insolvency Resolution Process (CIRP)-Public Announcement 13 May - NCLT ordered CIRP for Parsvnath Developers; claims due by 27 May 2026.
- Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP) 12 May - NCLT admitted CIRP against Parsvnath Developers for Rs. 452.34 crore default and appointed an IRP.
- Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal 12 May - NCLT admitted Section 7 insolvency petition against Parsvnath Developers for Rs. 452.34 crore default; IRP appointed.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Apr - Parsvnath received completion certificate for 20.67-acre Saatvik Green NX project in Indore.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse