Parsvnath Developers Limited (PARSVNATH) AI Stock Analysis

• Market Cap: ₹3.86B
• Dividend Yield: N/A
• Average Volume (3M): 73.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: -37.98%
• EPS Growth: 40.32%
• Country: IN
• Employees: 221
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): N/A
• Shares Outstanding: 435,181,180
• 10 Day Avg. Volume: 114,123
• 30 Day Avg. Volume: 73,486
• PEG Ratio: 0.07
• Price to Book (P/B): -0.46
• Price to Sales (P/S): 3.73
• P/FCF Ratio: -9.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: ₹8.50 ▼(-6.59% Downside)

The score is driven down primarily by very weak financial performance (losses, negative equity, and negative cash flows). Technicals are also bearish with the stock trading below major moving averages and negative MACD, while valuation signals are limited because the negative P/E reflects ongoing losses.

Positive Factors

Business diversification across asset classes

Parsvnath's exposure to multiple real estate segments (residential, commercial, retail, townships) provides structural diversification. Over 2-6 months this supports revenue mix flexibility, allowing the firm to shift focus to stronger micro-markets and reduce concentration risk versus single-segment developers.

High gross profit margin

An improved gross margin (~48.5%) indicates project-level pricing power or cost control on construction inputs. Sustainably higher gross margins provide a buffer to absorb financing and overhead pressures and improve the company's ability to restore operating profitability if sales volumes stabilize.

Recurring leasing/rental revenue potential

Ownership of leasable commercial and retail assets creates recurring income that can stabilize cash flows relative to one-off unit sales. Over a medium horizon, rental income can support liquidity, reduce dependence on presales, and improve predictability of cash generation if occupancy is maintained.

Negative Factors

Negative shareholders' equity and high leverage

Negative equity and a distorted debt-to-equity metric reflect accumulated losses and capital erosion. Structurally this limits access to new financing, raises counterparty risk, and increases refinancing costs, constraining the firm's ability to fund project execution and pursue new land or JV opportunities.

Persistent negative operating and free cash flow

Ongoing negative operating and free cash flows signal the company cannot self-fund development cycles. Over months this forces reliance on asset sales, external equity or debt, and can delay project deliveries, increasing execution risk and potentially harming customer confidence and presales traction.

Declining revenue and deep operating losses

A pronounced revenue decline combined with very negative net and EBIT margins indicates structural demand or execution shortfalls. This deteriorates profitability and cash buffers, making recovery dependent on sustained presales, cost-cutting, or asset monetization rather than short-term market factors.

Parsvnath Developers Limited Business Overview & Revenue Model

Company Description

Parsvnath Developers Limited engages in the real estate development business in India. It promotes, constructs, and develops integrated townships, residential and commercial complexes, multi-storeyed buildings, flats, houses, apartments, shopping malls, IT parks, hotels, special economic zones, etc. The company was incorporated in 1990 and is based in New Delhi, India.

How the Company Makes Money

Parsvnath Developers generates revenue primarily through the sale and lease of real estate properties. Key revenue streams include the sale of residential units in housing projects, commercial space leasing, and the development of integrated townships which are sold as plots or developed properties. The company often engages in joint ventures and partnerships with other developers and investors, which can provide additional capital and share risks associated with large-scale projects. Furthermore, PARSVNATH also earns income through project management services and by providing infrastructure solutions, which enhance its overall earnings.

Parsvnath Developers Limited Financial Statement Overview

Summary

Very weak fundamentals: revenue declined (-16.57%), profitability is deeply negative (net margin -136.76% with negative EBIT margin), the balance sheet shows negative shareholders’ equity (financial instability/leverage risk), and both operating cash flow and free cash flow are negative.

Income Statement

Parsvnath Developers Limited has experienced declining revenue with a negative growth rate of -16.57% in the most recent year. The company is facing significant profitability challenges, as evidenced by a negative net profit margin of -136.76% and a negative EBIT margin. The gross profit margin has improved to 48.54%, but overall profitability remains a concern.

Balance Sheet

The company's balance sheet is under pressure with a negative stockholders' equity, resulting in a negative debt-to-equity ratio of -1.63. This indicates high leverage and financial instability. The return on equity is positive at 17.01%, but this is due to the negative equity base rather than operational efficiency.

Cash Flow

Cash flow performance is weak, with negative operating cash flow and free cash flow. The free cash flow to net income ratio is high at 11.51, but this is due to the negative net income. The company is struggling to generate positive cash flows, which poses a risk to its financial health.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.54B	2.54B	4.61B	4.40B	8.97B	3.57B
Gross Profit	1.23B	1.23B	737.47M	-147.56M	70.24M	416.18M
EBITDA	962.63M	229.06M	-542.80M	-822.51M	-429.75M	-4.27M
Net Income	-3.47B	-3.47B	-5.93B	-8.01B	-4.92B	-4.27B
Balance Sheet
Total Assets	54.00B	54.00B	59.48B	63.75B	69.25B	78.60B
Cash, Cash Equivalents and Short-Term Investments	340.09M	340.09M	4.07B	152.69M	247.88M	427.70M
Total Debt	33.25B	33.25B	32.40B	34.27B	35.37B	35.19B
Total Liabilities	73.23B	73.23B	75.51B	73.90B	72.17B	76.77B
Stockholders Equity	-20.41B	-20.41B	-16.96B	-11.03B	-3.03B	1.81B
Cash Flow
Free Cash Flow	0.00	-1.03B	2.01B	3.25B	4.14B	2.18B
Operating Cash Flow	0.00	-89.90M	2.61B	3.74B	4.68B	2.59B
Investing Cash Flow	0.00	-556.64M	-312.81M	-587.06M	392.91M	-472.39M
Financing Cash Flow	0.00	637.18M	-2.14B	-3.25B	-5.25B	-1.79B

Parsvnath Developers Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PARSVNATH, the sentiment is Negative. The current price of 9.1 is below the 20-day moving average (MA) of 9.27, below the 50-day MA of 10.93, and below the 200-day MA of 16.21, indicating a bearish trend. The MACD of -0.64 indicates Negative momentum. The RSI at 35.76 is Neutral, neither overbought nor oversold. The STOCH value of 54.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PARSVNATH.

Parsvnath Developers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GEECEE	64 Neutral	₹6.50B	17.58	―	0.60%	―	―
ELDEHSG	63 Neutral	₹8.07B	54.66	―	1.01%	-0.19%	-54.29%
TREL	62 Neutral	₹6.71B	11.25	―	1.74%	―	―
PROZONER	54 Neutral	₹7.60B	-25.54	―	―	4.65%	-154.71%
PENINLAND	41 Neutral	₹6.72B	-10.83	―	―	-29.04%	-194.71%
PARSVNATH	39 Underperform	₹3.86B	-1.17	―	―	-37.98%	40.32%

Parsvnath Developers Limited Corporate Events

Parsvnath Developers Files SEBI Dematerialisation Compliance Certificate for December Quarter

Parsvnath Developers Limited has submitted to the stock exchanges a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2025. The company’s registrar and share transfer agent, MAS Services Limited, confirmed that all securities received for dematerialisation during the period from October 1 to December 31, 2025, were processed, verified, mutilated and cancelled, and the depository details were updated in the register of members and intimated to the depositories and stock exchanges within the prescribed 15-day timeframe, underscoring the company’s compliance with securities handling and dematerialisation norms.

Parsvnath Developers Confirms SEBI Insider Trading Compliance for Q3 FY2025

Parsvnath Developers Limited has submitted a compliance certificate to the National Stock Exchange of India and BSE confirming adherence to the Securities and Exchange Board of India’s Prohibition of Insider Trading Regulations for the quarter ended December 31, 2025. The company’s compliance officer certified that a Structured Digital Database is in place with controlled access, non-tamperable audit trails capable of retaining records for eight years, and that all unpublished price sensitive information during the quarter, covering one recorded event, has been accurately captured with date and time details, reinforcing its governance and regulatory compliance framework for investors and regulators.

Parsvnath Developers Reports Financial Results for September 2025

Parsvnath Developers Limited announced the approval of its unaudited financial results for the quarter and half-year ending September 30, 2025, during a board meeting held on November 29, 2025. The results indicate a loss before tax of Rs. 5,052.88 lakhs for the half-year, reflecting ongoing financial challenges. This announcement is significant for stakeholders as it highlights the company’s current financial position and may impact its market strategy and investor confidence.