- Home
- Results news
- Parshwanath Corporation
- Q2 FY27 results
Parshwanath Corporation Q2 FY27 results: net profit down 32.0% to ₹0.17 crore, revenue down 16.7%
Parshwanath Corporation Ltd reported standalone revenue of ₹0.35 crore and a net profit of ₹0.17 crore for Q2 FY27, compared with ₹0.42 crore and ₹0.25 crore in Q2 FY26. Revenue rose from Q1 FY27, while EBITDA moved to profit and the margin improved to 2.4%.
Key points
- Q2 FY27 standalone revenue was ₹0.35 crore, down 16.7% from ₹0.42 crore in Q2 FY26 and up 94.4% from ₹0.18 crore in Q1 FY27.
- EBITDA was ₹0.01 crore, with a margin of 2.4%, against ₹0.22 crore and 51.3% in Q2 FY26; it moved to profit from a loss in Q1 FY27.
- Net profit was ₹0.17 crore, down 32.0% from ₹0.25 crore a year earlier and up ₹0.19 crore from a net loss of ₹0.02 crore in Q1 FY27.
- Basic EPS was ₹0.55, compared with ₹0.79 in Q2 FY26 and a loss of ₹0.06 in Q1 FY27.
- Total assets were ₹12.48 crore as on 30 September 2026, while total equity was ₹12.24 crore and cash was ₹0.14 crore.
How did Parshwanath Corporation perform in Q2 FY27?
Parshwanath Corporation reported standalone revenue of ₹0.35 crore in Q2 FY27, down 16.7% from ₹0.42 crore in Q2 FY26 and up 94.4% from ₹0.18 crore in Q1 FY27. EBITDA was ₹0.01 crore, with a margin of 2.4%, against ₹0.22 crore and 51.3% a year earlier. Against Q1 FY27, EBITDA moved to profit from a loss of ₹0.04 crore, and the margin improved by 24.5 percentage points.
Profit before tax was ₹0.23 crore, compared with ₹0.30 crore in Q2 FY26 and a loss of ₹0.02 crore in Q1 FY27. Net profit was ₹0.17 crore, down 32.0% from ₹0.25 crore in Q2 FY26 and up ₹0.19 crore from a net loss of ₹0.02 crore in Q1 FY27. Basic EPS was ₹0.55, against ₹0.79 in Q2 FY26 and a loss of ₹0.06 in Q1 FY27. The results are standalone; the filing did not give a consolidated result.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0.35 | 0.18 | 0.42 | −16.7% | +94.4% |
| Other income | 0.19 | 0 | 0.08 | +137.5% | |
| Total expenses | 0.34 | 0.22 | 0.21 | +61.9% | +54.5% |
| EBITDA | 0.01 | −0.04 | 0.22 | −95.5% | turned to profit |
| EBITDA margin | 2.4% | -22.1% | 51.3% | −48.9 pp | +24.5 pp |
| Profit before tax | 0.23 | −0.02 | 0.30 | −23.3% | turned to profit |
| Tax | 0.05 | 0 | 0.05 | +0.0% | |
| Net profit | 0.17 | −0.02 | 0.25 | −32.0% | turned to profit |
| EPS (₹) | 0.55 | −0.06 | 0.79 | −30.4% | turned to profit |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Parshwanath Corporation's costs and profit?
Total expenses rose to ₹0.34 crore in Q2 FY27 from ₹0.21 crore in Q2 FY26, a difference of ₹0.13 crore, while revenue fell by ₹0.07 crore. Employee cost increased by ₹0.10 crore to ₹0.21 crore, and other expenses increased by ₹0.02 crore to ₹0.12 crore. The cost of materials, finance costs and depreciation remained unchanged.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.21 | 0.11 | +0.10 | +90.9% |
| Finance costs | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other expenses | 0.12 | 0.10 | +0.02 | +20.0% |
| Total expenses | 0.34 | 0.21 | +0.13 | +61.9% |
| Other income | 0.19 | 0.08 | +0.11 | +137.5% |
| Tax | 0.05 | 0.05 | 0 | +0.0% |
| Exceptional items | +0.02 (gain) | none |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For the first half of FY27, standalone revenue was ₹0.53 crore, down 8.6% from ₹0.58 crore in H1 FY26. Total income fell 18.0% to ₹0.73 crore from ₹0.89 crore, while profit before tax declined 47.5% to ₹0.21 crore from ₹0.40 crore. Net profit was ₹0.15 crore, compared with ₹0.40 crore in H1 FY26, and basic EPS was ₹0.49 against ₹1.29.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 0.53 | 0.58 | −8.6% |
| Profit before tax | 0.21 | 0.40 | −47.5% |
| Net profit | 0.15 | 0.40 | −62.5% |
| EPS (₹) | 0.49 | 1.29 | −62.0% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
As on 30 September 2026, total assets were ₹12.48 crore, compared with ₹12.46 crore on 31 March 2026, and total equity was ₹12.24 crore against ₹12.09 crore. Borrowings were ₹0 crore, down from ₹0.07 crore, while cash was ₹0.14 crore against ₹0.01 crore. Trade payables were ₹0.09 crore, compared with ₹0.19 crore at the previous balance sheet date.
For H1 FY27, operating cash flow was ₹11.6 crore, compared with an outflow of ₹0.03 crore in H1 FY26. Investing cash flow was an outflow of ₹11.4 crore against an inflow of ₹0.07 crore, and financing cash flow was an outflow of ₹0.07 crore against ₹11.28 crore. The company said it received a refund of ₹1,174.05 lakh of advances paid to vendors when the underlying arrangements were cancelled.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 12.48 | 12.46 |
| Total equity | 12.24 | 12.09 |
| Borrowings | 0 | 0.07 |
| Cash and equivalents | 0.14 | 0.01 |
| Inventories | 0 | 0 |
| Trade receivables | 0 | 0 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 11.60 | −0.03 |
| Cash from investing | −11.40 | 0.07 |
| Cash from financing | −0.07 | −11.28 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Parshwanath Corporation done over the last 8 quarters?
Revenue in Q2 FY27 was ₹0.35 crore, above ₹0.18 crore in Q1 FY27 but below the ₹0.42 crore recorded in Q2 FY26. Net profit moved to ₹0.17 crore from a loss of ₹0.02 crore in Q1 FY27, and the EBITDA margin improved to 2.4% from -22.1%. Across the listed quarters, revenue was highest at ₹0.42 crore in Q2 FY26 and lowest at -₹0.03 crore in Q3 FY26.
How did other Residential, Commercial Projects companies do?
Among 22 other Residential, Commercial Projects companies that filed for the quarter, the median revenue growth was 32.0%. Five peers grew slower than Parshwanath Corporation and 17 grew faster than the company. Eleven of the 24 peers with comparable profit data reported higher profit.
| Parshwanath Corporation revenue growth (YoY) | −16.7% |
|---|---|
| Median of 22 other Residential, Commercial Projects companies | +32.0% |
| Companies with slower revenue growth than Parshwanath Corporation | 5 of 22 |
| Companies with faster revenue growth than Parshwanath Corporation | 17 of 22 |
| Companies whose net profit rose | 11 of 24 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Parshwanath Corporation's revenue in Q2 FY27?
Revenue from operations was ₹0.35 crore, down 16.7% from ₹0.42 crore in Q2 FY26 (standalone).
Did Parshwanath Corporation make a profit in Q2 FY27?
Yes. Net profit was ₹0.17 crore, against a net profit of ₹0.25 crore in Q2 FY26.
What was Parshwanath Corporation's EPS in Q2 FY27?
Basic earnings per share were ₹0.55, against ₹0.79 in Q2 FY26.
When did Parshwanath Corporation announce its Q2 FY27 results?
On 5 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Board Meeting To Be Held On 05/11/2026 (BSE, 30 October 2026) · PDF
- Unaudited Financial Result For The Quarter Ended On 30Th September, 2026 (BSE, 5 November 2026) · PDF
- Board Meeting Outcome for Outcome Of The Board Meeting (BSE, 5 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.