Stock Performance and Market Context
On 19 Jan 2026, Parsvnath Developers Ltd recorded a day change of -1.89%, closing at Rs.8.81, its lowest level in the past year. This decline extends a three-day losing streak during which the stock has fallen by -9.18%. The stock’s performance today lagged the Realty sector by -1.4%, underscoring its relative weakness within the industry.
Technical indicators reveal that Parsvnath Developers is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This broad-based technical weakness signals sustained selling pressure and a lack of short- to long-term upward momentum.
In contrast, the Sensex opened flat but later declined by -374.93 points (-0.54%) to close at 83,119.56. Despite this fall, the Sensex remains 3.66% below its 52-week high of 86,159.02. The index has experienced a three-week consecutive decline, losing -3.08% over this period. Notably, the Sensex is trading below its 50-day moving average, though the 50DMA remains above the 200DMA, indicating mixed technical signals at the broader market level.
Long-Term and Recent Returns
Over the past year, Parsvnath Developers Ltd has delivered a negative return of -57.02%, a stark contrast to the Sensex’s positive 8.48% gain during the same period. The stock’s 52-week high was Rs.27.46, highlighting the extent of its decline to the current low of Rs.8.81. This underperformance extends beyond the short term, with the stock lagging the BSE500 index over the last three years, one year, and three months.
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Financial Health and Fundamental Metrics
Parsvnath Developers Ltd’s financial profile continues to reflect significant challenges. The company holds a negative book value, indicating that its liabilities exceed its assets, which contributes to a weak long-term fundamental strength assessment. This is further corroborated by a high Debt to EBITDA ratio of 23.40 times, signalling limited capacity to service debt obligations effectively.
Recent quarterly results have been negative for six consecutive quarters, with the latest quarter’s PAT registering a loss of Rs.-153.75 crores, a decline of -24.3% compared to the previous four-quarter average. Operating cash flow for the year stands at Rs.39.14 crores, marking a low point in cash generation capability. Interest expenses for the nine-month period have increased by 30.90%, reaching Rs.385.90 crores, adding to the financial strain.
The company’s EBITDA remains negative, which contributes to the stock’s classification as risky relative to its historical valuation averages. Despite the negative returns, the company’s profits have shown a 15.1% increase over the past year, though this has not translated into positive net earnings or improved market performance.
Shareholding and Market Risks
Another factor exerting downward pressure on the stock is the high level of promoter share pledging, with 31.77% of promoter shares pledged. In a declining market environment, this can lead to forced selling and additional volatility, further impacting the stock price negatively.
Overall, Parsvnath Developers Ltd’s performance has been below par in both the long and near term. The combination of negative returns, weak financial metrics, and technical indicators paints a challenging picture for the stock’s current valuation and market standing.
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Mojo Score and Market Capitalisation
Parsvnath Developers Ltd currently holds a Mojo Score of 1.0, categorised as a Strong Sell, an upgrade from its previous Sell rating as of 1 Apr 2025. This reflects the deteriorated fundamental and technical outlook. The company’s market capitalisation grade stands at 4, indicating a relatively small market cap within its sector and peer group.
These ratings encapsulate the company’s ongoing financial difficulties and market performance, reinforcing the cautious stance reflected in the stock’s recent price action.
Summary of Key Metrics
To summarise, Parsvnath Developers Ltd’s key metrics as of 19 Jan 2026 are:
- 52-week low price: Rs.8.81
- 52-week high price: Rs.27.46
- One-year return: -57.02%
- Debt to EBITDA ratio: 23.40 times
- Latest quarterly PAT: Rs.-153.75 crores (-24.3% vs previous average)
- Operating cash flow (yearly): Rs.39.14 crores
- Interest expense (9 months): Rs.385.90 crores (+30.90%)
- Promoter share pledge: 31.77%
- Mojo Score: 1.0 (Strong Sell)
These figures collectively illustrate the pressures facing Parsvnath Developers Ltd, contributing to its current 52-week low and subdued market performance.
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