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

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Prozone Realty

Pansari Develop.

Eldeco Housing

Suratwwala Busi.

Nila Spaces

Nimbus Projects

GeeCee Vent.

Parsvnath Devl.

Modi's Navnirman

PropshareTitania

B-Right Real

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 6 consecutive quarters

OPERATING CF(Y) Lowest at Rs 39.14 Cr
PAT(Q) At Rs -153.75 cr has Fallen at -24.3% (vs previous 4Q average)
INTEREST(9M) At Rs 385.90 cr has Grown at 30.90%

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 -31.52%, its profits have risen by 15.1%

31.77% of Promoter Shares are Pledged

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

Underperformed the market in the last 1 year

Even though the market (BSE500) has generated returns of 2.12% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -31.52% returns

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.

-32.95%

-0.56

58.32%

Sensex

4.83%

0.41

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-27.05%

EBIT Growth (5y)

-216.54%

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

1.89%

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

-0.24

EV to EBIT

-46.63

EV to EBITDA

-113.75

EV to Capital Employed

3.74

EV to Sales

16.16

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

Mildly Bearish

RSI

No Signal

Bearish

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Mildly Bullish

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

-21What is not working for the Company

OPERATING CF(Y)

Lowest at Rs 39.14 Cr

PAT(Q)

At Rs -153.75 cr has Fallen at -24.3% (vs previous 4Q average

INTEREST(9M)

At Rs 385.90 cr has Grown at 30.90%

INVENTORY TURNOVER RATIO(HY)

Lowest at 0.08 times

OPERATING PROFIT TO INTEREST (Q)

Lowest at -0.21 times

PBT LESS OI(Q)

At Rs -153.28 cr has Fallen at -15.2% (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

NET SALES(Q)

At Rs 53.96 cr has Fallen at -5.8% (vs previous 4Q average

PBDIT(Q)

Lowest at Rs -24.46 cr.

OPERATING PROFIT TO NET SALES (Q)

Lowest at -45.33%

EPS(Q)

Lowest at Rs -3.53

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Here's what is not working for Parsvnath Devl.

Profit After Tax (PAT) - Quarterly

At Rs -153.75 cr has Fallen at -24.3% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs -123.69 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Cash Flow - Annually

Lowest at Rs 39.14 Cr and Fallen

each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (Rs Cr)

Operating Profit to Interest - Quarterly

Lowest at -0.21 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs -153.28 cr has Fallen at -15.2% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs -133.09 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (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

Interest - Nine Monthly

At Rs 385.90 cr has Grown at 30.90%

over preceding nine months period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Net Sales - Quarterly

At Rs 53.96 cr has Fallen at -5.8% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 57.29 Cr

MOJO Watch

Near term sales trend is negative

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Lowest at Rs -24.46 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Lowest at -45.33%

in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Earnings per Share (EPS) - Quarterly

Lowest at Rs -3.53

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

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