Prime Urban

how big is Prime Urban?

As of Jun 06, Prime Urban Development India Ltd has a market capitalization of 26.51 Cr, classifying it as a Micro Cap company, with recent net sales of 3.59 Cr and a net profit of 1.25 Cr over the last four quarters.

Market Cap: As of Jun 06, Prime Urban Development India Ltd has a market capitalization of 26.51 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 3.59 Cr. The sum of Net Profit for the same period is 1.25 Cr. This data is presented on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at -3.77 Cr, while Total Assets amount to 19.37 Cr.

What does Prime Urban do?

Prime Urban Development India Ltd is a micro-cap realty development company, formerly known as Asher Textiles Limited, with a market cap of Rs 25 Cr and reported net sales of 3 Cr and net profit of 2 Cr for March 2025. The company has a P/E ratio of 20.00 and a return on equity of 42.22%.

Overview:<BR>Prime Urban Development India Ltd is engaged in realty development and operates within the micro-cap market segment.<BR><BR>History:<BR>The company was initially incorporated in 1936 under the name 'Asher Textiles Limited' and underwent several name changes, becoming Prime Urban Development India Limited on July 5, 2010. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 25 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 20.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -1.58<BR>- Return on Equity: 42.22%<BR>- Price to Book: -5.40<BR><BR>Contact Details:<BR>Address: 110 Avinashi Road, PB No 154 Gandhinagar P O Tirupur Tamil Nadu : 641603<BR>Tel: 91-0422-4307800<BR>Email: companysecretary@ptlonline.com<BR>Website: http://www.ptlonline.com

Who are in the management team of Prime Urban?

As of March 2022, the management team of Prime Urban includes Purushottam Patodia (Chairman & Managing Director), Manojjkumar Patodia, Anujj K Patodia (Directors), N K Bafna, Shailly Kedia (Independent Directors), and Darshi Shah (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Prime Urban consists of the following individuals:<BR><BR>1. Purushottam Patodia - Chairman & Managing Director<BR>2. Manojjkumar Patodia - Director<BR>3. Anujj K Patodia - Director<BR>4. N K Bafna - Independent Director<BR>5. Darshi Shah - Company Secretary & Compliance Officer<BR>6. Shailly Kedia - Independent Director<BR><BR>Each member plays a significant role in the governance and operational management of the company.

Has Prime Urban declared dividend?

Yes, Prime Urban Development India Ltd has declared a 20% dividend (₹0.4 per share) with an ex-date of August 3, 2017. Despite the dividend declaration, the yield is 0%, and total returns have varied, showing significant gains over the long term but declines in shorter periods.

Yes, Prime Urban Development India Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.4<BR>- Ex-date: 03 Aug 17<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -16.36%, the dividend return was 0%, resulting in a total return of -16.36%.<BR><BR>In the 1-year period, the price return was -4.21%, the dividend return was 0%, leading to a total return of -4.21%.<BR><BR>For the 2-year period, the price return was 25.79%, the dividend return was 0%, which resulted in a total return of 25.79%.<BR><BR>During the 3-year period, the price return was -12.13%, the dividend return was 0%, giving a total return of -12.13%.<BR><BR>In the 4-year period, the price return was 17.3%, the dividend return was 0%, culminating in a total return of 17.3%.<BR><BR>Over the 5-year period, the price return was 91.58%, the dividend return was 0%, resulting in a total return of 91.58%.<BR><BR>Overall, while Prime Urban Development India Ltd has declared a dividend, the dividend yield remains at 0%. The total returns show a mixed performance over different periods, with significant gains over the longer term despite recent declines in shorter periods.

Who are the peers of the Prime Urban?

Prime Urban's peers include DLF, Macrotech Development, Godrej Properties, Prestige Estates, Oberoi Realty, Kamanwala Housing, IITL Projects, Steel Strips Infrastructure, and SVS Ventures. SVS Ventures has the highest 1-year return at 45.41%, while Godrej Properties has the lowest at -21.74%, with Prime Urban's return at -0.10%.

Peers: The peers of Prime Urban are DLF, Macrotech Devel., Godrej Propert., Prestige Estates, Oberoi Realty, Kamanwala Housin, IITL Projects, Steel Strips Inf, SVS Ventures.<BR><BR>Quality Snapshot: Excellent management risk is observed at Macrotech Devel. and Oberoi Realty, while Average management risk is found at DLF, Godrej Propert., Prestige Estates, and Steel Strips Inf. Below Average management risk is noted for Kamanwala Housin and SVS Ventures, and the rest do not qualify. Growth is Excellent at Macrotech Devel. and Oberoi Realty, Average at DLF, and Below Average at Godrej Propert., Prestige Estates, Kamanwala Housin, Steel Strips Inf, and SVS Ventures, with the rest not qualifying. Capital Structure is Good at DLF and SVS Ventures, Excellent at Oberoi Realty, and Below Average at Macrotech Devel., Godrej Propert., Prestige Estates, Kamanwala Housin, and Steel Strips Inf, with the rest not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SVS Ventures at 45.41%, while the lowest is Godrej Propert. at -21.74%. Prime Urban's own 1-year return is -0.10%, which is higher than Godrej Propert. but lower than SVS Ventures. Additionally, Kamanwala Housin is the only peer with a positive six-month return, while the rest have negative returns.

Is Prime Urban overvalued or undervalued?

As of July 26, 2023, Prime Urban's valuation grade has shifted to risky due to concerning financial metrics, including a PE ratio of 21.21 and a negative ROCE of -60.95%, indicating it is overvalued compared to peers like PTC India, and its stock has underperformed the Sensex by 20.89% year-to-date.

As of 26 July 2023, the valuation grade for Prime Urban has moved from does not qualify to risky, indicating a more cautious outlook on the company's financial health. The company appears to be overvalued based on its current metrics, with a PE ratio of 21.21, an EV to EBIT of -33.94, and a PEG ratio of 0.13. These ratios suggest that despite the company's valuation grade, its financial performance is concerning, particularly with a negative return on capital employed (ROCE) of -60.95%.<BR><BR>In comparison to its peers, Prime Urban's valuation metrics stand out unfavorably. For instance, MMTC has a PE ratio of 119.39, while PTC India, which is categorized as very attractive, has a significantly lower PE of 9.02. This stark contrast highlights that Prime Urban's valuation does not align with its financial performance and market position. Additionally, the company's stock has underperformed relative to the Sensex, particularly year-to-date, where it has declined by 20.89% compared to the Sensex's gain of 5.62%.

What is the technical trend for Prime Urban?

As of April 30, 2025, Prime Urban's technical trend is mildly bearish, influenced by daily moving averages and mixed signals from MACD and KST, despite some mildly bullish indicators from Dow Theory.

As of 30 April 2025, the technical trend for Prime Urban has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The moving averages on the daily timeframe are mildly bearish, which contributes to the overall bearish sentiment. The KST shows a mildly bullish stance on the weekly but is mildly bearish on the monthly, further complicating the outlook. The Dow Theory supports a mildly bullish view on both weekly and monthly timeframes, but the OBV indicates a mildly bearish trend. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from MACD and KST.

Who are the top shareholders of the Prime Urban?

The top shareholder of Prime Urban is Pat Credit Limited, owning 22.56% of the shares. Gnanadev Polisetty is the largest individual shareholder at 4.04%, while individual investors hold a total of 20.18%, and there are no foreign institutional investors involved.

The top shareholders of Prime Urban include Pat Credit Limited, which holds the largest share at 22.56%. The majority of the company's shares are held by promoters, with no pledged promoter holdings reported. In terms of public shareholders, Gnanadev Polisetty is the highest individual shareholder, owning 4.04%. Additionally, individual investors collectively hold 20.18% of the shares, while mutual funds have a minimal presence, held by just two schemes at 0.01%. There are currently no foreign institutional investors (FIIs) holding shares in the company.

How has been the historical performance of Prime Urban?

Prime Urban has experienced a significant decline in net sales and profitability, with net sales dropping from 151.90 crore in March 2019 to 3.59 crore in March 2025. However, it has shown signs of recovery, achieving a net profit of 1.25 crore in March 2025 and improving its operating profit margin.

Answer:<BR>The historical performance of Prime Urban shows a significant decline in net sales and profitability over the years, culminating in a net profit of 1.25 crore in March 2025, a recovery from losses in the previous years.<BR><BR>Breakdown:<BR>Prime Urban's net sales have drastically decreased from 151.90 crore in March 2019 to just 3.59 crore in March 2025. This decline is mirrored in total operating income, which fell from 52.37 crore in March 2020 to the same 3.59 crore in March 2025. The company has faced increasing operational challenges, reflected in its total expenditure, which has also decreased from 152.35 crore in March 2019 to 3.67 crore in March 2025. Despite these challenges, the operating profit margin has shown improvement, moving from -13.53% in March 2022 to -2.23% in March 2025, indicating a narrowing of losses. The profit before tax turned positive at 1.69 crore in March 2025, a notable turnaround from the losses recorded in prior years. The company's total liabilities have decreased from 42.50 crore in March 2020 to 13.25 crore in March 2025, while total assets have similarly declined from 42.50 crore to 13.25 crore in the same period. Cash flow from operating activities has improved to 2.00 crore in March 2025, up from a negative cash flow in earlier years, suggesting a potential stabilization in operations. Overall, while Prime Urban has faced significant challenges, recent data indicates a potential recovery in profitability and operational efficiency.

When is the next results date for Prime Urban Development India Ltd?

The next results date for Prime Urban Development India Ltd is 28 May 2026.

The next results date for Prime Urban Development India Ltd is scheduled for 28 May 2026.

Are Prime Urban Development India Ltd latest results good or bad?

The latest results for Prime Urban Development India Ltd are concerning, with zero revenue in Q4 FY25 compared to ₹3.45 crores the previous year, and a net loss of ₹0.43 crores versus a profit of ₹2.22 crores in Q4 FY24. Overall, the company's financial performance has dramatically declined, indicating a high-risk situation for investors.

The latest results for Prime Urban Development India Ltd are quite concerning. In the fourth quarter of FY25, the company reported zero revenue, a significant drop from ₹3.45 crores in the same quarter the previous year. This represents a complete operational halt, indicating serious challenges in executing projects or closing transactions.<BR><BR>Additionally, the company incurred a net loss of ₹0.43 crores in Q4 FY25, which is a stark contrast to the profit of ₹2.22 crores reported in Q4 FY24. The year-on-year decline in net profit is alarming at -119.37%. Furthermore, the company's financial health is critically compromised, as evidenced by a negative book value of ₹-1.15 per share and a price-to-book ratio of -7.54x.<BR><BR>Overall, the company has experienced a dramatic decline in its financial performance, with a five-year sales drop of 94.2% from its peak revenue in FY20. Given these factors, the results can be classified as bad, reflecting a high-risk situation for investors.

Should I buy, sell or hold Prime Urban Development India Ltd?

Why is Prime Urban Development India Ltd falling/rising?

As of 02-Jun, Prime Urban Development India Ltd's stock price is at 8.05, reflecting a 2.9% decrease and significant underperformance compared to the Sensex. The stock has seen a year-to-date drop of 13.07%, with declining investor participation indicating a lack of confidence.

As of 02-Jun, Prime Urban Development India Ltd's stock price is falling, currently at 8.05, which reflects a decrease of 0.24 or 2.9%. The stock has underperformed compared to the benchmark Sensex, which has seen a decline of 1.79% over the past week and 2.94% over the past month. Additionally, the stock has experienced a significant drop of 13.07% year-to-date, compared to a smaller decline of 12.40% for the Sensex.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 0.93%. Furthermore, the stock's moving averages show that it is higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. <BR><BR>Investor participation has also decreased, with a delivery volume of 132 on June 1, which is down by 86.42% compared to the 5-day average delivery volume. This decline in trading activity may indicate a lack of confidence among investors, contributing to the stock's downward movement. Overall, these factors collectively explain the falling price of Prime Urban Development India Ltd.

Which are the latest news on Prime Urban?