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PARSHWANATH CORPORATION LTD.

Realty › Realty
₹85.46
at close · 19 Oct 2026
▼ 4.49 (-4.99%)

Latest filings

  1. Promoter receives 3.78 percent stake as gift · Ownership Changes
  2. Trading window closed till Q2 results are published · Compliance
  3. Promoter Raj Rushabh Patel acquires 3.78% stake via gift transfer within promoter group · Ownership Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Develops and builds small-scale residential and commercial real estate projects from a base in Ahmedabad. The FY26 total income was ₹151.75 lakh versus ₹118.83 lakh in FY25, an increase of roughly 28% year-on-year. Quarterly revenue from operations has been erratic — ₹42.04 lakh in Q2 FY26, ₹22.94 lakh in Q3 FY26 — reflecting the lumpy, project-based nature of real estate sales. FY26 profit after tax swung to ₹55.48 lakh from a loss of ₹3.20 lakh the year before, helped by a profit before tax of ₹66.66 lakh. Employee cost is the dominant line item at 76.6% of revenue, and other operating expenses add another 76.8%, leaving thin operating margins. The company carries no borrowings, but operating cash flow was severely negative at -₹1,196.07 lakh for FY26 because trade receivables surged from ₹0.67 lakh to ₹1,132.99 lakh, and cash and equivalents dropped from ₹1,133 lakhs to ₹9.18 lakhs over the half-year to September 2025.

Operating scale
FY26 Total Income
₹151.75 lakhFY26
FY26 Profit After Tax
₹55.48 lakhFY26
FY26 Operating Cash Flow
-₹1,196.07 lakhFY26
Trade Receivables
₹1,132.99 lakh (vs ₹0.67 lakh prior year)FY26
Net Worth
₹12.13 croreFY26
Borrowings
NilFY26
Who pays it
Buyers of residential and commercial property; receivables are concentrated, indicating a small number of counterparties.
Biggest cost
Employee cost at 76.6% of revenue.
Kind of business
Small, project-lumpy, debt-free real estate developer.
Where it sits
Small Ahmedabad-based housing construction and development company; paid-up equity of ₹3.13 crore and net worth of ₹12.13 crore fall well below SEBI's Large Corporate thresholds.
Market Cap
₹27 Cr
P / E (TTM)
40.3×
EV / EBITDA
—
Div Yield
—
Growth
7.0%▲
Revenue 5y CAGR
PAT — · EBITDA -41.8%
Quality
3.3%·
ROCE (5y median)
ROE 2.8% (5y median) · margin 5.9%
Leverage
0.01·
Debt / Equity · low
Net debt ₹0.07 Cr
Revenue FY21→FY26
1.4×▲
Margin −107.4 pts
₹0 Cr → ₹1 Cr
Cash conversion
-7.81×▼
Operating cash ÷ profit · 5 yrs
₹-13 Cr on ₹2 Cr
Moves on a normal day
3.99%·
Median daily move
Last 208 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#45/61
P/B#49/70
ROCE#61/88
ROE#49/73
Debt / Equity#22/73
EBITDA margin#46/59
Revenue growth#20/64
Profit growth#63/79

Scorecard

Measured from the filed financials, judged against its Residential, Commercial Projects peers · as of FY26 — not investment advice

Strengths
Debt at 0.01× equity
lower than 71% of its 73 Residential, Commercial Projects peers
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Erratic profits — up in only 2 of the last 5 years
Returns on capital 3.3% (5-year median)
#61 of 88 in Residential, Commercial Projects on the latest reported figures · down from 5.2% in FY21
Over 5 years it reported ₹1.62 Cr of profit and an operating cash outflow of ₹13 Cr — -7.81×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from PARSHWANATH CORPORATION LTD.'s filed financials and exchange disclosures

What does PARSHWANATH CORPORATION LTD. do?

PARSHWANATH CORPORATION LTD. is a Realty company listed on BSE.

Is PARSHWANATH CORPORATION LTD. profitable?

No. Over the trailing twelve months PARSHWANATH CORPORATION LTD. reported a net loss of ₹0.21 Cr on revenue of ₹0.69 Cr.

Does PARSHWANATH CORPORATION LTD. pay a dividend?

Not in the latest reported year — PARSHWANATH CORPORATION LTD.'s dividend payout for FY26 was nil.

Is PARSHWANATH CORPORATION LTD. debt-free?

No. It reported borrowings of ₹0.07 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹0.07 Cr after cash. Debt stands at 0.01× equity. That is lower than 71% of its 73 Residential, Commercial Projects peers.

Is PARSHWANATH CORPORATION LTD. expensive compared with its peers?

On trailing P/E, PARSHWANATH CORPORATION LTD. ranks 45 of 61 in Residential, Commercial Projects — cheaper than 27% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the PARSHWANATH CORPORATION LTD. share price move in a day?

On a typical session PARSHWANATH CORPORATION LTD. moves 3.99% — that is the median absolute close-to-close move across its last 208 trading days. MarketPing measures each filing's price reaction against it.

Where can I track PARSHWANATH CORPORATION LTD.'s announcements?

Every NSE and BSE filing by PARSHWANATH CORPORATION LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.