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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Pansari Developers Ltd

About the Company - Pansari Developers Ltd

Pansari Developers Ltd. is a Public Limited Listed company incorporated on 22/04/1996 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L72200WB1996PLC079438 and registration number is 079438. Currently company belongs to the Industry of Project Consultancy/Turnkey. Company’s Total Operating Revenue is Rs. 37.15 Cr. and Equity Capital is Rs. 17.45 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Project Consultancy/Turnkey14, N.S. Road, 4th Floor Kolkata West Bengal 700001info@pansaridevelopers.com
http://www.pansaridevelopers.com
Management
NamePosition Held
Mr. Mahesh AgarwalManaging Director
Mr. Ankit AgarwalWhole Time Director
Mr. Manoj AgarwalInd. Non-Executive Director
Mr. Debasish BalInd. Non-Executive Director
Mrs. Garima AgarwalInd. Non-Executive Director
Ms. Shreya AgarwalNon Exe.Additional Director

Pansari Developers Ltd. Share Price Update

Share PriceValue
Today₹100.30
Previous Day₹99.50

Basic Stock Data of Pansari Developers Ltd

Market Cap 188 Cr.
Current Price 108
High / Low152/70.2
Stock P/E44.8
Book Value 70.8
Dividend Yield0.00 %
ROCE1.81 %
ROE1.60 %
Face Value 10.0

Data Source: screener.in

Competitors of Pansari Developers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Reliance Industrial Infrastructure Ltd 2,212 Cr. 1,4651,605/723206 2650.24 %2.49 %2.32 % 10.0
Zodiac Energy Ltd 504 Cr. 345345/85.073.5 26.20.00 %11.2 %8.90 % 10.0
Power Mech Projects Ltd 8,248 Cr. 5,2185,550/2,00534.6 8650.04 %22.2 %17.9 % 10.0
Perfect Infraengineers Ltd 84.1 Cr. 58.458.4/14.355.7 14.80.00 %1.31 %2.85 % 10.0
Rites Ltd 18,835 Cr. 784821/32340.9 1072.61 %29.7 %21.3 % 10.0
Industry Average5,976.62 Cr1,574.0882.14255.600.58%13.38%10.65%10.00

Pansari Developers Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales6.1415.2611.284.8017.1020.6017.744.605.448.584.558.046.01
Expenses5.2011.976.463.5214.6018.4415.993.614.227.423.366.044.71
Operating Profit0.943.294.821.282.502.161.750.991.221.161.192.001.30
OPM %15.31%21.56%42.73%26.67%14.62%10.49%9.86%21.52%22.43%13.52%26.15%24.88%21.63%
Other Income0.120.120.280.020.070.100.190.070.040.160.540.601.33
Interest0.420.692.000.350.120.250.670.090.090.060.551.111.22
Depreciation0.280.320.320.280.280.800.460.420.460.480.500.440.45
Profit before tax0.362.402.780.672.171.210.810.550.710.780.681.050.96
Tax %5.56%15.42%28.78%1.49%18.89%24.79%61.73%16.36%35.21%23.08%29.41%20.95%14.58%
Net Profit0.342.041.990.671.760.910.310.470.460.610.480.830.82
EPS in Rs0.191.171.140.381.010.520.180.270.260.350.280.480.47

Pansari Developers Ltd Quarterly Chart

Pansari Developers Ltd Profit & Loss

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9.996.532.906.0110.0634.8036.1060.2522.5127.18
Expenses5.743.621.212.738.2727.5726.9152.5517.9621.53
Operating Profit4.252.911.693.281.797.239.197.704.555.65
OPM %42.54%44.56%58.28%54.58%17.79%20.78%25.46%12.78%20.21%20.79%
Other Income2.181.381.333.353.940.660.600.370.812.63
Interest0.620.781.091.912.142.923.651.380.792.94
Depreciation0.300.260.320.581.141.191.191.831.861.87
Profit before tax5.513.251.614.142.453.784.954.862.713.47
Tax %8.53%18.77%23.60%21.98%20.82%26.98%24.04%24.90%25.83%
Net Profit5.042.641.233.231.952.763.763.642.012.74
EPS in Rs23.6012.360.711.851.121.582.162.091.151.58
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Pansari Developers Ltd Profit & Loss Yearly Chart

Pansari Developers Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:30%
3 Years:-14%
TTM:34%
Compounded Profit Growth
10 Years:%
5 Years:-9%
3 Years:-8%
TTM:127%
Stock Price CAGR
10 Years:%
5 Years:36%
3 Years:65%
1 Year:12%
Return on Equity
10 Years:%
5 Years:3%
3 Years:3%
Last Year:2%

Pansari Developers Ltd Balance Sheet

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital2.142.1417.4517.4517.4517.4517.4517.4517.4517.45
Reserves37.7538.4334.5437.7639.7042.4693.41101.91103.98106.13
Borrowings9.8117.4959.0963.8969.6873.5962.0254.1781.4990.60
Other Liabilities54.0070.6374.0982.1996.2874.1573.1246.8780.7686.29
Total Liabilities103.70128.69185.17201.29223.11207.65246.00220.40283.68300.47
Fixed Assets0.650.5511.6423.3925.0331.8176.5374.7574.5073.31
CWIP0.000.440.000.000.000.000.000.000.000.00
Investments11.1911.470.440.400.400.523.318.938.758.55
Other Assets91.86116.23173.09177.50197.68175.32166.16136.72200.43218.61
Total Assets103.70128.69185.17201.29223.11207.65246.00220.40283.68300.47

Pansari Developers Ltd Reserves and Borrowings Chart

Pansari Developers Ltd Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1.33-15.04-29.418.674.274.9220.339.97-24.02
Cash from Investing Activity -0.218.80-22.13-10.53-3.56-5.43-4.270.13-2.82
Cash from Financing Activity -0.606.9050.692.27-0.590.27-15.08-11.2626.52
Net Cash Flow0.510.67-0.850.410.12-0.230.98-1.17-0.31

Pansari Developers Ltd Financial Efficiency Indicators

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days76.00216.88962.84241.71247.8139.3359.1513.698.92
Inventory Days1,917.04764.30
Days Payable24.349.54
Cash Conversion Cycle76.00216.88962.84241.71247.8139.331,951.85768.458.92
Working Capital Days1,953.243,850.6712,533.345,813.283,696.081,055.671,008.65568.011,905.10
ROCE %7.44%3.09%5.12%3.67%4.86%5.61%3.60%1.81%

Pansari Developers Ltd Financial Efficiency Indicators Chart

Pansari Developers Ltd Share Holding Pattern

MonthMar 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.93%73.93%73.88%73.88%73.88%73.88%73.88%73.88%73.88%73.88%73.88%
Public26.07%26.07%26.13%26.12%26.12%26.12%26.12%26.12%26.12%26.12%26.12%
No. of Shareholders96525957137217598368558459551,179

Pansari Developers Ltd Shareholding Pattern Chart

No. of Pansari Developers Ltd Shareholders

This stock is not held by any mutual fund

Pansari Developers Ltd ROCE Trend

Pansari Developers Ltd EPS Trend

Pansari Developers Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.152.092.141.581.12
Diluted EPS (Rs.)1.152.092.141.581.12
Cash EPS (Rs.)2.223.132.822.261.77
Book Value[Excl.RevalReserv]/Share (Rs.)44.7768.4136.4734.3432.76
Book Value[Incl.RevalReserv]/Share (Rs.)69.5968.4136.4734.3432.76
Revenue From Operations / Share (Rs.)13.2934.5320.6919.955.76
PBDIT / Share (Rs.)3.084.625.594.523.27
PBIT / Share (Rs.)2.013.584.913.842.62
PBT / Share (Rs.)1.562.792.832.171.41
Net Profit / Share (Rs.)1.152.092.141.581.12
NP After MI And SOA / Share (Rs.)1.152.092.141.581.12
PBDIT Margin (%)23.1413.3827.0322.6756.70
PBIT Margin (%)15.1210.3523.7319.2445.39
PBT Margin (%)11.718.0613.6510.8624.41
Net Profit Margin (%)8.676.0410.327.9119.36
NP After MI And SOA Margin (%)8.676.0410.327.9119.36
Return on Networth / Equity (%)2.573.055.854.593.40
Return on Capital Employeed (%)2.414.6410.147.204.88
Return On Assets (%)0.701.651.871.320.87
Long Term Debt / Equity (X)0.120.000.180.380.41
Total Debt / Equity (X)1.040.450.931.191.19
Asset Turnover Ratio (%)0.090.180.140.170.05
Current Ratio (X)1.341.471.371.471.46
Quick Ratio (X)0.470.270.200.310.30
Interest Coverage Ratio (X)6.785.852.682.702.70
Interest Coverage Ratio (Post Tax) (X)3.543.642.021.941.92
Enterprise Value (Cr.)221.40281.62148.10109.83118.88
EV / Net Operating Revenue (X)9.554.674.103.1611.82
EV / EBITDA (X)41.2634.9215.1713.9220.84
MarketCap / Net Operating Revenue (X)6.073.792.511.155.22
Price / BV (X)1.801.911.430.660.91
Price / Net Operating Revenue (X)6.073.792.511.155.22
EarningsYield0.010.010.040.060.03

Pansari Developers Ltd Profitability Ratios (%)

Pansari Developers Ltd Liquidity Ratios

Pansari Developers Ltd Liquidity Ratios (%)

Pansari Developers Ltd Interest Coverage Ratios (%)

Pansari Developers Ltd Valuation Ratios

Fair Value / Intrinsic Value of Pansari Developers Ltd

Fair Value: ₹51.76

The stock is overvalued by 52.07% compared to the current price ₹108

*Investments are subject to market risks

Strength and Weakness of Pansari Developers Ltd

StrengthWeakness
  1. The company has higher reserves (63.61 cr) compared to borrowings (58.18 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (21.63 cr) and profit (3.67 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 3.39 and average Dividend Yield of 22.77%.
  2. The stock has a low average ROCE of 3.91%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 66.11, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 284.77, which may not be favorable.

Should I Buy Pansari Developers Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Pansari Developers Ltd:
    1. Net Profit Margin: 8.67%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 2.41% (Industry Average ROCE: 13.38%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 3.54
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.47
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 44.4 (Industry average Stock P/E: 78.08)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✗ Total Debt / Equity: 1.04
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Pansari Developers Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE