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Parshwanath Corporation Ltd. Stock Analysis

Small Cap
Evaluated by 123 users | BSE: 511176 | NSE: |
Finance - Housing
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...

Analysis of Financial Track Record

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.
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Operating Income (Rs. Cr.)0.30.212.11.20.20.60.30.20.30.7
Y-o-Y Gr. Rt.--48.4%7487.5%-90.1%-86.7%275%-53.3%-14.3%29.2%109.7%
Adjusted EPS (Rs.)
Adjusted Earning per Share is the company’s net profit per share after adjusting for extra-ordinary/exceptional items
0.24.5112.851.99-0.481.940.940.41-0.111.47
Y-o-Y Gr. Rt.-2155%184.9%-84.5%-124.1%NA-51.6%-56.4%-126.8%NA
Book Value per Share (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
7.2311.7424.626.5926.1126.9527.8928.2628.1629.63
Y-o-Y Gr. Rt.-62.4%109.5%8.1%-1.8%3.2%3.5%1.3%-0.4%5.2%
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%): Colour Rating Guide
  • >1.25 : Very Good
  • 1-1.25 : Somewhat Good
  • <1: Not Good
Net Profit/Total Funds (%)0.6911.530.926.57-1.737.373.371.43-0.375.02
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Parshwanath Corporation Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Operating Income8.6%32.4%32.4%109.7%
Adjusted EPS
Adjusted Earnings per Share is the Company’s net profit per share after adjusting for extra-ordinary/exceptional items.
24.8%NA16.1%NA
Book Value per Share
17%2.6%2%5.2%
Share Price -4.5% 0.8% -2.9% 16.1%
Key Financial Ratios
RATIOS \ YEARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Asset Quality Ratio
To view Asset Quality Ratio Colour Rating Guide click here
Asset Quality Ratio: Colour Rating Guide
  • <0.5 : Very Good
  • 0.5-1 : Somewhat Good
  • >1 : Not Good
Net NPA to Net Advances (%)0000000000
Capitalization Ratio
To view Capitalization Ratio Colour Rating Guide click here
Capitalization Ratio: Colour Rating Guide
  • >14% : Very Good
  • 12%-14% : Somewhat Good
  • <12% : Not Good
Capital Adequacy Ratio (%)0000000000
Margins
Net Profit Margin (%) 19.17854.8831.7749.83-89.9101.9105.4452.26-10.7871.01
Performance Ratios
To view Performance Ratios Colour Rating Guide click here
Performance Ratios: Colour Rating Guide
  • >15 : Very Good
  • 12-15 : Somewhat Good
  • <12 : Not Good
Return on Equity (%) 2.7547.5370.747.79-1.817.463.411.45-0.375.08
Entity Percentage Holding
Promoters 74.69%
Non-Institutions 25.31%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Parshwanath Corporation Ltd.'s performance infers:

Parshwanath Corporation Ltd. earnings have grown by 0%, whereas share price has appreciated 0.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Parshwanath Corporation Ltd. share prices over the last 10 years. Here is what we found out:

Parshwanath Corporation Ltd. share price has appreciated -12.6% annually over the past ten years.

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

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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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