Is Parin Furniture a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Parin Furniture Ltd is a below average quality company .

Is Parin Furniture undervalued or overvalued?

The key valuation ratios of Parin Furniture Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Parin Furniture share price return in the past 10 years?

Data is not available for this company

Is Parin Furniture a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Parin Furniture Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Parin Furniture Ltd - Stock Valuation and Financial Performance

Name: Parin Furniture
Brand: Parin Furniture

BSE: 0 | NSE: PARIN | Household & Personal Products | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Parin Furniture:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	9.4%	8.9%	12.4%	8.3%	11.6%	9.3%	6.8%	7.4%	6%	5.8%	-
Value Creation Index ⓘ	-0.3	-0.4	-0.1	-0.4	-0.2	-0.3	-0.5	-0.5	-0.6	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	29.8	28.8	61.7	58.6	64.2	70.6	66.3	82.8	75.4	80.9	81
Sales YoY Gr.	-	-3.6%	114.6%	-5.1%	9.6%	10%	-6.1%	24.9%	-8.9%	7.2%	-
Adj EPS ⓘ	1.2	0.7	2.6	1.5	3.1	2.4	2.1	2.6	2.2	2.4	2.4
YoY Gr.	-	-43%	272.5%	-42%	105.4%	-20.9%	-13.2%	22.9%	-15.1%	8.7%	-
BVPS (₹) ⓘ	7.6	8.3	10.8	14.3	19.1	32.5	34.9	37.7	40.6	43.2	43.2
Adj Net Profit ⓘ	0.5	0.3	1	0.6	2.5	2.7	2.3	2.9	2.4	2.7	3
Cash Flow from Ops. ⓘ	-2.3	0.8	-8.6	0.4	5.8	4.6	-5.2	2.9	-0.5	0.5	-
Debt/CF from Ops. ⓘ	-4.9	16.2	-3	84.7	4	2.9	-4.1	9.5	-54.4	68.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.7%	4.7%	6.8%	7.2%
Adj EPS ⓘ	7.8%	-4.9%	4.3%	8.7%
BVPSⓘ	21.3%	17.8%	7.4%	6.5%
Share Price	-	16.2%	41.4%	45.8%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	15.9	8.7	26.9	11.9	23.3	10.2	6.1	7	5.5	5.7	5.5
Op. Profit Mgn % ⓘ	7.1	8.4	7.7	7.3	10	8.9	7.9	9.7	9.6	9.2	NAN
Net Profit Mgn % ⓘ	1.6	1	1.7	1	3.9	3.8	3.5	3.5	3.2	3.3	3.3
Debt to Equity ⓘ	3.7	3.7	6	5.2	1.5	0.4	0.6	0.7	0.7	0.7	-
Working Cap Days ⓘ	0	211	161	237	220	210	286	283	358	425	0
Cash Conv. Cycle ⓘ	0	168	126	186	173	171	229	213	263	275	0

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.73

Return on Equity has declined versus last 3 years average to 5.50%

Sales growth has been subdued in last 3 years 6.84%

Net Profit has been subdued in last 3 years 4.26%

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

Latest Financials - Parin Furniture Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.4	2.8
TTM Sales (₹ Cr.)	80.9	81.2
BVPS (₹.) ⓘ	43.2	50
Reserves (₹ Cr.) ⓘ	37	44
P/BV ⓘ	3.35	2.90
PE ⓘ	60.88	52.41

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	161
Equity (₹ Cr.)	11.1
Face Value (₹)	10
Industry PE ⓘ	55

Management X-Ray of Parin Furniture:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Parin Furniture

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Parin Furniture

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	30	29	62	59	64	71	66	83	75	81
Operating Expenses ⓘ	28	26	57	54	58	64	61	75	68	73
Manufacturing Costs	1	1	1	1	2	2	4	7	6	6
Material Costs	18	18	41	39	47	53	47	57	48	53
Employee Cost	3	3	4	4	4	4	4	4	7	7
Other Costs ⓘ	6	5	10	10	5	5	6	7	7	8
Operating Profit ⓘ	2	2	5	4	6	6	5	8	7	7
Operating Profit Margin (%)	6.9%	8.4%	7.7%	7.3%	10.0%	8.9%	7.9%	9.7%	9.6%	9.2%
Other Income ⓘ	0	0	0	1	0	0	0	1	1	0
Interest ⓘ	1	1	3	3	3	2	2	3	3	3
Depreciation ⓘ	0	0	1	1	1	0	1	1	2	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1	0	2	2	4	4	3	5	4	4
Tax ⓘ	0	0	1	1	1	1	1	2	1	1
Profit After Tax	1	0	1	1	3	3	2	3	3	3
PAT Margin (%)	2.0%	1.0%	1.6%	2.3%	3.9%	3.8%	3.6%	3.5%	3.8%	3.3%
Adjusted EPS (₹)	1.5	0.7	2.6	3.4	3.1	2.4	2.1	2.6	2.6	2.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	3	3	4	6	16	37	40	43	45	48
Share Capital ⓘ	0	0	0	0	8	11	11	11	11	11
Reserves ⓘ	3	3	4	5	8	26	29	31	34	37
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	11	12	25	29	23	13	21	26	28	33
Long Term Debt	5	5	12	17	14	3	7	9	11	7
Short Term Debt	6	7	13	12	9	10	14	18	17	27
Trade Payables	1	3	6	6	5	1	7	10	13	36
Others Liabilities ⓘ	1	2	3	2	2	2	2	4	6	5
Total Liabilities ⓘ	17	19	39	43	46	53	70	82	92	123
Fixed Assets
Gross Block	1	1	2	2	6	6	6	12	13	13
Accumulated Depreciation	0	0	0	0	4	4	5	6	7	9
Net Fixed Assetsⓘ	1	1	2	2	2	1	2	6	6	5
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	0	0	0	0	4	4	4	4	4	4
Inventories	9	12	17	20	19	24	25	28	30	45
Trade Receivables	4	4	17	18	17	13	30	32	45	58
Cash Equivalents	0	0	1	2	2	3	3	3	2	5
Others Assetsⓘ	1	1	2	2	2	8	6	8	5	6
Total Assets ⓘ	17	19	39	43	46	53	70	82	92	123

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	-2	1	-9	0	6	5	-5	3	-1	1
PBT ⓘ	1	0	2	2	4	4	3	5	4	4
Adjustment ⓘ	1	2	3	3	3	2	2	4	4	4
Changes in Working Capital ⓘ	-4	-1	-13	-4	-0	-0	-10	-4	-7	-6
Tax Paid ⓘ	0	0	0	-1	-1	-2	0	-2	-2	-1
Cash Flow From Investing Activity ⓘ	0	0	-1	-1	0	0	-1	-6	-1	0
Capex	0	0	-1	-1	0	0	-1	-6	-1	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	2	0	11	1	-5	-4	6	2	0	3
Net Proceeds from Shares ⓘ	0	0	0	0	3	9	0	0	0	0
Net Proceeds from Borrowing ⓘ	-1	0	8	5	-6	-12	4	1	2	-4
Interest Paid ⓘ	-1	-1	-3	-3	-3	-2	-2	-3	-3	-3
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	5	1	6	-1	0	1	4	4	0	10
Net Cash Flow ⓘ	0	0	1	0	0	1	1	0	-1	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	20.24	8.77	26.87	27.29	23.93	10.48	6.3	7.2	6.63	5.68
ROCE (%)	14.45	13.06	18.51	15.59	16.6	13.8	9.51	11.61	9.19	8.27
Asset Turnover Ratio	1.79	1.6	2.1	1.42	1.44	1.43	1.08	1.08	0.86	0.75
PAT to CFO Conversion(x)	-2	N/A	-9	0	2	1.67	-2.5	1	-0.33	0.33
Working Capital Days
Receivable Days	55	57	65	110	100	78	119	138	187	232
Inventory Days	113	137	88	117	110	109	135	119	142	170
Payable Days	27	39	38	55	41	20	31	55	87	171

Parin Furniture Ltd Stock News

Parin Furniture Ltd FAQs

What is the share price of Parin Furniture?

Company share prices are keep on changing according to the market conditions. The closing price of Parin Furniture on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Parin Furniture?

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 01-Jan-1970 05:30 the market cap of Parin Furniture stood at ₹161.2.