PARSVNATH
Parsvnath Developers Limited
Residential and commercial projects developer
Consumer Discretionary›Realty›Realty›Residential, Commercial Projects
parsvnath.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹2.53
Market cap
110 Cr
Stock P/E
Loss (TTM EPS ₹-10.14)
ROCE (FY25)
-6.5%
Operating margin (FY25)
-25.4%
OCF / EBITDA (FY20)
2785.6%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
Loading price history…
Compare with peers
Loading peers…
What you need to know
Parsvnath Developers builds and sells homes, office and commercial complexes and shopping malls, with its main projects in Delhi and the National Capital Region, and is now in a corporate insolvency resolution process (CIRP) under India's Insolvency and Bankruptcy Code.
Company snapshot
71stBy market cap
Ranked among 79 companies in Residential, Commercial Projects.
What we see
Concerns
- ✗Net margin is negative — the company is spending more than it earns right now.
1 more signal from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 280 Cr | 54 Cr | 113 Cr | 208 Cr | 87 Cr | 88 Cr | 47 Cr | 58 Cr | 61 Cr | 63 Cr | 54 Cr | 61 Cr |
| Operating expenses (approx.) | 375 Cr | 86 Cr | 109 Cr | 155 Cr | 190 Cr | 75 Cr | 57 Cr | 51 Cr | 82 Cr | 58 Cr | 78 Cr | 65 Cr |
| EBITDA | -95 Cr | -33 Cr | 4 Cr | 52 Cr | -103 Cr | 13 Cr | -10 Cr | 7 Cr | -22 Cr | 5 Cr | -24 Cr | -4 Cr |
| OPM % | -34.0% | -60.4% | 3.5% | 25.3% | -118.3% | 14.4% | -22.2% | 12.4% | -35.8% | 8.5% | -45.3% | -6.6% |
| Other income | 30 Cr | 2 Cr | 4 Cr | 2 Cr | 24 Cr | 2 Cr | 1 Cr | 2 Cr | 44 Cr | 1 Cr | 1 Cr | 7 Cr |
| Interest | 106 Cr | 115 Cr | 69 Cr | 56 Cr | 223 Cr | 101 Cr | 106 Cr | 89 Cr | 149 Cr | 119 Cr | 117 Cr | 129 Cr |
| Depreciation | 25 Cr | 14 Cr | 14 Cr | 15 Cr | 14 Cr | 13 Cr | 13 Cr | 13 Cr | 12 Cr | 11 Cr | 11 Cr | 23 Cr |
| Profit before tax | -323 Cr | -161 Cr | -75 Cr | -16 Cr | -255 Cr | -99 Cr | -128 Cr | -31 Cr | -80 Cr | -53 Cr | -152 Cr | -149 Cr |
| Tax % | -30.2% | -21.8% | -0.0% | -0.0% | -20.3% | -1.8% | 0.0% | 0.0% | -8.9% | -11.4% | -1.1% | 0.0% |
| Net profit | -421 Cr | -195 Cr | -75 Cr | -16 Cr | -307 Cr | -101 Cr | -128 Cr | -31 Cr | -87 Cr | -59 Cr | -154 Cr | -149 Cr |
| EPS (₹) | ₹-9.63 | ₹-4.49 | ₹-1.71 | ₹-0.38 | ₹-7.05 | ₹-2.32 | ₹-2.94 | ₹-0.71 | ₹-1.97 | ₹-1.36 | ₹-3.53 | ₹-3.29 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | — | — | 911 Cr | 1,191 Cr | 358 Cr | 899 Cr | 440 Cr | 462 Cr | 254 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | — | — | 963 Cr | 1,135 Cr | 364 Cr | 955 Cr | 548 Cr | 541 Cr | 266 Cr | Sign in free for the trailing twelve months |
| EBITDA | — | — | -52 Cr | 56 Cr | -6 Cr | -56 Cr | -107 Cr | -79 Cr | -12 Cr | Sign in free for the trailing twelve months |
| OPM % | — | — | -5.7% | 4.7% | -1.7% | -6.2% | -24.4% | -17.1% | -4.8% | Sign in free for the trailing twelve months |
| Other income | — | — | 14 Cr | 77 Cr | 71 Cr | 19 Cr | 38 Cr | 32 Cr | 50 Cr | Sign in free for the trailing twelve months |
| Interest | — | — | 335 Cr | 481 Cr | 446 Cr | 395 Cr | 393 Cr | 464 Cr | 444 Cr | Sign in free for the trailing twelve months |
| Depreciation | — | — | 29 Cr | 27 Cr | 34 Cr | 57 Cr | 66 Cr | 57 Cr | 52 Cr | Sign in free for the trailing twelve months |
| Profit before tax | — | — | -402 Cr | -375 Cr | -415 Cr | -490 Cr | -654 Cr | -507 Cr | -338 Cr | Sign in free for the trailing twelve months |
| Tax % | — | — | 8.5% | 3.2% | -3.2% | -0.8% | -22.5% | -17.1% | -2.6% | Sign in free for the trailing twelve months |
| Net profit | — | — | -367 Cr | -363 Cr | -428 Cr | -494 Cr | -801 Cr | -594 Cr | -347 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | — | — | ₹-8.36 | ₹-7.96 | ₹-9.82 | ₹-11.31 | ₹-18.39 | ₹-13.63 | ₹-7.94 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | — | — | — | — | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 218 Cr | 218 Cr | 218 Cr | 218 Cr | 218 Cr | 218 Cr | 218 Cr | 218 Cr | 218 Cr |
| Reserves | 2,265 Cr | 1,947 Cr | 725 Cr | 390 Cr | -37 Cr | -521 Cr | -1,320 Cr | -1,914 Cr | -2,259 Cr |
| Borrowings | 3,717 Cr | 3,655 Cr | 3,573 Cr | 2,371 Cr | 2,514 Cr | 3,219 Cr | 2,968 Cr | 2,843 Cr | 2,920 Cr |
| Other liabilities | 1,587 Cr | 2,408 Cr | 5,095 Cr | 5,107 Cr | 5,163 Cr | 3,998 Cr | 4,422 Cr | 4,709 Cr | 4,403 Cr |
| Total liabilities | 7,956 Cr | 8,390 Cr | 9,688 Cr | 8,089 Cr | 7,860 Cr | 6,925 Cr | 6,375 Cr | 5,948 Cr | 5,400 Cr |
| Fixed assets (net) | 6 Cr | 5 Cr | 4 Cr | 3 Cr | 2 Cr | 41 Cr | 5 Cr | 5 Cr | 5 Cr |
| CWIP | 62 Cr | 64 Cr | 64 Cr | 65 Cr | 65 Cr | 26 Cr | 21 Cr | 21 Cr | 20 Cr |
| Investments | 15 Cr | 15 Cr | 326 Cr | 376 Cr | 431 Cr | 429 Cr | 203 Cr | 411 Cr | 36 Cr |
| Loans & advances | — | — | 19 Cr | 25 Cr | 25 Cr | 11 Cr | 3 Cr | 1 Cr | 1 Cr |
| Inventories | 3,327 Cr | 3,689 Cr | 5,296 Cr | 4,602 Cr | 4,329 Cr | 3,618 Cr | 3,358 Cr | 3,069 Cr | 2,853 Cr |
| Trade receivables | 630 Cr | 635 Cr | 291 Cr | 279 Cr | 331 Cr | 288 Cr | 260 Cr | 203 Cr | 184 Cr |
| Cash & bank | 14 Cr | 8 Cr | 34 Cr | 10 Cr | 44 Cr | 25 Cr | 15 Cr | 32 Cr | 31 Cr |
| Other assets | 3,902 Cr | 3,974 Cr | 3,653 Cr | 2,729 Cr | 2,634 Cr | 2,488 Cr | 2,511 Cr | 2,205 Cr | 2,269 Cr |
| Total assets | 7,956 Cr | 8,390 Cr | 9,688 Cr | 8,089 Cr | 7,860 Cr | 6,925 Cr | 6,375 Cr | 5,948 Cr | 5,400 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -332 Cr | 85 Cr | 1,310 Cr | 1,563 Cr | 259 Cr | 468 Cr | 374 Cr | 261 Cr | 38 Cr |
| Cash from investing | -152 Cr | -90 Cr | -470 Cr | -11 Cr | -46 Cr | 39 Cr | -59 Cr | -31 Cr | -78 Cr |
| Cash from financing | 460 Cr | 0.27 Cr | -815 Cr | -1,576 Cr | -179 Cr | -525 Cr | -325 Cr | -213 Cr | 39 Cr |
| Net cash flow | -23 Cr | -6 Cr | 26 Cr | -25 Cr | 34 Cr | -18 Cr | -10 Cr | 17 Cr | -0.94 Cr |
| Free cash flow (OCF − Capex) | -402 Cr | -18 Cr | 1,191 Cr | 1,476 Cr | 216 Cr | 468 Cr | 325 Cr | 201 Cr | -56 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | -1.4% | 3.6% | 1.2% | -3.9% | -8.9% | -11.0% | -6.5% |
| ROE % | — | — | -36.0% | -59.5% | -233.0% | — | — | — | — |
| Debtor days | — | — | 116 | 86 | 336 | 117 | 215 | 161 | 264 |
| Inventory days | — | — | 184574 | 135740 | 165463 | 109051 | 62247 | 136915 | 166726 |
| Days payable | — | — | 27687 | 25151 | 27865 | 21541 | 13276 | 33088 | 46826 |
| Cash conversion cycle | — | — | 157003 | 110674 | 137935 | 87627 | 49186 | 103988 | 120165 |
| OCF / EBITDA % | — | — | — | 2785.6% | — | — | — | — | — |
| Debt / equity | 1.50 | 1.69 | 3.79 | 3.90 | 13.91 | — | — | — | — |
| Current ratio | 2.45 | 1.88 | 1.11 | 1.06 | 1.01 | 0.93 | 0.92 | 0.84 | 0.78 |
| Net debt / EBITDA | — | — | — | 42.08 | — | — | — | — | — |