Parsvnath Developers Ltd (PARSVNATH) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Atal Realtech

Suratwwala Busi.

Nila Infrastruct

Ratnabhumi Dev.

Coromandel Engg.

RDB Real Estate

Nimbus Projects

Parsvnath Devl.

Hampton Sky

Emami Realty Ltd

PropsharePlatina

Why is Parsvnath Developers Ltd ?

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

Low ability to service debt as the company has a high Debt to EBITDA ratio of 23.40 times
The company has been able to generate a Return on Equity (avg) of 2.83% signifying low profitability per unit of shareholders funds

The company has declared Negative results for the last 7 consecutive quarters

INVENTORY TURNOVER RATIO(HY) Lowest at 0.08 times
PBT LESS OI(Q) At Rs -156.41 cr has Fallen at -12.5% (vs previous 4Q average)
PAT(Q) At Rs -143.21 cr has Fallen at -10.0% (vs previous 4Q average)

Risky - Negative EBITDA

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -66.01%, its profits have risen by 17.2%

31.77% of Promoter Shares are Pledged

In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices

Below par performance in long term as well as near term

Along with generating -66.01% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Parsvnath Devl. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Parsvnath Devl.

-65.37%

-1.06

62.23%

Sensex

-1.47%

-0.13

12.70%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-27.11%

EBIT Growth (5y)

-224.36%

EBIT to Interest (avg)

0.52

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-1.45

Sales to Capital Employed (avg)

0.23

Tax Ratio

1.42%

Dividend Payout Ratio

Pledged Shares

31.77%

Institutional Holding

2.18%

ROCE (avg)

-6.34%

ROE (avg)

2.83%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

-0.13

EV to EBIT

-34.61

EV to EBITDA

-79.57

EV to Capital Employed

3.50

EV to Sales

14.92

PEG Ratio

Dividend Yield

ROCE (Latest)

-8.03%

ROE (Latest)

Negative BV

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bearish

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

0What is working for the Company

NO KEY POSITIVE TRIGGERS

-9What is not working for the Company

INVENTORY TURNOVER RATIO(HY)

Lowest at 0.08 times

PBT LESS OI(Q)

At Rs -156.41 cr has Fallen at -12.5% (vs previous 4Q average

PAT(Q)

At Rs -143.21 cr has Fallen at -10.0% (vs previous 4Q average

CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 27.34 cr

DEBT-EQUITY RATIO(HY)

Highest at -1.46 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.21 times

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Here's what is not working for Parsvnath Devl.

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -156.41 cr has Fallen at -12.5% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs -139.07 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs -143.21 cr has Fallen at -10.0% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs -130.17 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Inventory Turnover Ratio- Half Yearly

Lowest at 0.08 times and Fallen

each half year in the last five half yearly periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Cash and Cash Equivalents - Half Yearly

Lowest at Rs 27.34 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio - Half Yearly

Highest at -1.46 times

in the last five half yearly periods

MOJO Watch

The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Debtors Turnover Ratio- Half Yearly

Lowest at 1.21 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio