Parin Furniture Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Parin Furniture Ltd?

Parin Furniture Ltd is trading at 656.00 as of 26 April 2026, with a FY2026-2027 high of 725 and low of 312. The stock is currently near its 52-week high. Market cap stands at 729 Cr..

Q: Is Parin Furniture Ltd financially healthy?

Key indicators: ROCE of 8.33 % is on the lower side. Dividend yield is 0.03 %.

Q: Is Parin Furniture Ltd profitable and how is the profit trend?

Parin Furniture Ltd reported a net profit of 5 Cr in Mar 2025 on revenue of 98 Cr. Compared to 3 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹567.05Overvalued by 13.56%vs CMP ₹656.00

P/E (172.0) × ROE (7.1%) × BV (₹57.70) × DY (0.03%)

₹231.22Overvalued by 64.75%vs CMP ₹656.00

MoS: -183.7% (Negative)Confidence: 59/100 (Moderate)Models: 1 Fair, 7 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹658.24	26%	Fair (+0.3%)
Graham Number	Earnings	₹84.35	19%	Over (-87.1%)
DCF	Cash Flow	₹73.32	12%	Over (-88.8%)
Net Asset Value	Assets	₹50.91	8%	Over (-92.2%)
EV/EBITDA	Enterprise	₹102.90	10%	Over (-84.3%)
Earnings Yield	Earnings	₹54.80	8%	Over (-91.6%)
ROCE Capital	Returns	₹117.06	10%	Over (-82.2%)
Revenue Multiple	Revenue	₹88.15	6%	Over (-86.6%)
Consensus (8 models)		₹231.22	100%	Overvalued

Key Drivers: P/E of 172 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | Wide model spread (₹51–₹658) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 16.1%

*Investments are subject to market risks

Analyst Summary

Parin Furniture Ltd operates in the Plastics - Plastic & Plastic Products segment, current market price is ₹656.00, market cap is 729 Cr.. At a glance, stock P/E is 172, ROE is 7.14 %, ROCE is 8.33 %, book value is 57.7, dividend yield is 0.03 %. The latest intrinsic value estimate is ₹231.22, around 64.8% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹98 Cr versus the prior period change of 23.6%, while latest net profit is about ₹5 Cr with a prior-period change of 150.2%. The 52-week range shown on this page is 725/312, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisParin Enterprises Ltd. is a Public Limited Listed company incorporated on 12/09/2006 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L36…

This summary is generated from the stock page data available for Parin Furniture Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Parin Furniture Ltd scores 46/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health57/100 · Moderate

ROCE 8.3% AverageROE 7.1% AverageD/E 0.68 ModerateInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money60/100 · Moderate

FII holding up 0.40% (6mo) Slight increasePromoter holding at 73.0% StableShareholders up 48% Retail surge

Earnings Quality40/100 · Moderate

OPM stable around 11% SteadyWorking capital: 184 days Capital intensive

Quarterly Momentum43/100 · Moderate

Revenue (4Q): -6% YoY DecliningProfit (4Q): +8% YoY Positive

Industry Rank30/100 · Weak

P/E 172.0 vs industry 43.9 Premium to peersROCE 8.3% vs industry 15.6% Below peers3Y sales CAGR: 9% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 11:35 pm

Market Cap	729 Cr.
Current Price	656
Intrinsic Value	₹182.83
High / Low	725/312
Stock P/E	172
Book Value	57.7
Dividend Yield	0.03 %
ROCE	8.33 %
ROE	7.14 %
Face Value	10.0
PEG Ratio	10.70

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Parin Furniture Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Parin Furniture Ltd	729 Cr.	656	725/312	172	57.7	0.03 %	8.33 %	7.14 %	10.0
TPL Plastech Ltd	518 Cr.	66.4	95.5/50.0	18.6	19.5	1.51 %	19.8 %	17.0 %	2.00
Plastiblends India Ltd	397 Cr.	153	232/121	12.2	168	1.64 %	10.3 %	7.58 %	5.00
Multibase India Ltd	250 Cr.	198	308/156	20.0	66.3	26.7 %	18.6 %	13.8 %	10.0
Pil Italica Lifestyle Ltd	187 Cr.	7.95	20.6/6.20	41.6	3.49	0.00 %	8.90 %	6.18 %	1.00
Industry Average	6,340.13 Cr	616.50		43.91	182.87	3.23%	15.61%	12.76%	6.10

All Competitor Stocks of Parin Furniture Ltd

Quarterly Result

Metric	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	25.96	40.33	41.21	41.56	22.34	53.06	22.71	58.13	45.30	33.96	36.71	61.25	36.68
Expenses	24.09	36.98	37.89	36.84	21.01	47.16	20.55	52.88	41.10	30.95	33.79	50.60	32.27
Operating Profit	1.87	3.35	3.32	4.72	1.33	5.90	2.16	5.25	4.20	3.01	2.92	10.65	4.41
OPM %	7.20%	8.31%	8.06%	11.36%	5.95%	11.12%	9.51%	9.03%	9.27%	8.86%	7.95%	17.39%	12.02%
Other Income	0.10	0.39	0.01	0.51	1.04	-0.11	0.07	0.19	0.08	0.04	0.06	-0.63	0.10
Interest	0.78	1.26	1.23	1.61	1.28	1.38	1.24	1.50	1.82	1.66	1.72	1.60	1.58
Depreciation	0.21	0.30	0.34	0.72	0.76	0.80	0.59	0.59	0.62	0.60	0.55	2.03	0.66
Profit before tax	0.98	2.18	1.76	2.90	0.33	3.61	0.40	3.35	1.84	0.79	0.71	6.39	2.27
Tax %	27.55%	24.31%	13.64%	52.07%	24.24%	26.87%	42.50%	28.36%	20.65%	32.91%	12.68%	31.14%	25.11%
Net Profit	0.71	1.65	1.52	1.38	0.25	2.64	0.24	2.41	1.46	0.54	0.63	4.40	1.69
EPS in Rs	0.64	1.48	1.37	1.24	0.22	2.37	0.22	2.17	1.31	0.49	0.57	3.96	1.52

Last Updated: December 29, 2025, 4:36 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:50 am

Metric	Mar 2012	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	15.77	27.56	61.45	58.45	64.16	70.59	66.29	82.78	75.71	80.85	79.26	97.96	97.93
Expenses	15.33	26.86	56.62	54.10	57.40	64.33	61.06	74.74	68.18	73.43	72.04	84.39	82.87
Operating Profit	0.44	0.70	4.83	4.35	6.76	6.26	5.23	8.04	7.53	7.42	7.22	13.57	15.06
OPM %	2.79%	2.54%	7.86%	7.44%	10.54%	8.87%	7.89%	9.71%	9.95%	9.18%	9.11%	13.85%	15.38%
Other Income	0.00	0.00	0.09	1.50	0.11	0.34	0.48	0.52	0.44	0.26	0.11	-0.57	-0.53
Interest	0.00	0.00	2.60	3.02	2.58	2.10	2.04	2.84	2.66	2.75	3.48	3.32	3.18
Depreciation	0.00	0.00	0.70	0.77	0.72	0.49	0.51	1.06	1.56	1.17	1.22	2.58	2.69
Profit before tax	0.44	0.70	1.62	2.06	3.57	4.01	3.16	4.66	3.75	3.76	2.63	7.10	8.66
Tax %	63.64%	32.86%	37.65%	34.47%	29.41%	32.42%	25.32%	37.55%	23.20%	29.26%	23.57%	29.30%
Net Profit	0.17	0.48	1.02	1.36	2.53	2.70	2.36	2.91	2.89	2.65	2.01	5.03	6.09
EPS in Rs	5.67	16.00	34.00	45.33	3.12	2.43	2.12	2.62	2.60	2.38	1.81	4.52	5.48
Dividend Payout %	0.00%	0.00%	0.00%	5.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.42%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	182.35%	33.33%	86.03%	6.72%	-12.59%	23.31%	-0.69%	-8.30%	-24.15%	150.25%
Change in YoY Net Profit Growth (%)	0.00%	-149.02%	52.70%	-79.31%	-19.31%	35.90%	-23.99%	-7.62%	-15.85%	174.40%

Parin Furniture Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2012-2013 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	8%
3 Years:	9%
TTM:	24%

Compounded Profit Growth
10 Years:	%
5 Years:	19%
3 Years:	24%
TTM:	175%

Stock Price CAGR
10 Years:	%
5 Years:	46%
3 Years:	54%
1 Year:	51%

Return on Equity
10 Years:	%
5 Years:	7%
3 Years:	7%
Last Year:	11%

Last Updated: September 5, 2025, 12:10 pm

Balance Sheet

Last Updated: December 4, 2025, 1:46 am

Month	Mar 2012	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	0.30	0.30	0.30	0.30	8.12	11.12	11.12	11.12	11.12	11.12	11.12	11.12	11.12
Reserves	1.82	2.19	3.99	5.35	7.54	26.15	28.50	31.41	34.30	36.95	38.95	43.76	45.45
Borrowings	4.21	7.64	25.87	29.44	23.60	13.24	21.17	27.31	29.17	34.91	36.20	50.24	47.15
Other Liabilities	1.06	2.90	9.48	8.36	6.88	2.42	9.79	12.53	17.68	39.90	16.41	18.28	10.75
Total Liabilities	7.39	13.03	39.64	43.45	46.14	52.93	70.58	82.37	92.27	122.88	102.68	123.40	114.47
Fixed Assets	1.19	1.42	1.61	1.97	1.70	1.30	1.62	6.49	5.66	4.73	5.87	18.44	19.07
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.21	0.19	0.00	0.00
Investments	0.00	0.00	0.00	0.00	4.06	4.06	4.06	4.06	4.06	4.06	4.06	4.57	4.57
Other Assets	6.20	11.61	38.03	41.48	40.38	47.57	64.90	71.82	82.55	113.88	92.56	100.39	90.83
Total Assets	7.39	13.03	39.64	43.45	46.14	52.93	70.58	82.37	92.27	122.88	102.68	123.40	114.47

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	0.00	-8.55	0.35	5.84	4.61	-5.18	2.89	-0.54	0.51	0.47	4.97	3.45
Cash from Investing Activity +	0.00	-1.31	-0.78	-0.33	0.08	-0.59	-5.71	-0.62	-0.30	-2.24	-15.36	-3.04
Cash from Financing Activity +	0.00	10.89	0.82	-5.24	-3.79	6.43	2.49	0.15	2.99	-2.18	10.72	-0.58
Net Cash Flow	0.00	1.04	0.38	0.26	0.90	0.65	-0.33	-1.01	3.20	-3.96	0.33	-0.17
Free Cash Flow	0.00	-9.88	-0.60	5.43	4.52	-6.00	-3.05	-1.27	0.06	-1.87	-9.99	3.55
CFO/OP	0%	-176%	33%	99%	99%	-92%	55%	13%	22%	25%	50%	48%

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-3.77	-6.94	-21.04	-25.09	-16.84	-6.98	-15.94	-19.27	-21.64	-27.49	-28.98	-36.67

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	52.08	60.39	103.35	111.34	98.02	67.17	166.34	143.13	216.08	260.67	188.58	151.31
Inventory Days			154.46	187.04	144.10	161.32	197.00	182.53	229.67	308.70	316.57	306.99
Days Payable			54.05	53.31	38.21	5.55	56.59	62.24	100.53	249.85	97.30	70.31
Cash Conversion Cycle	52.08	60.39	203.76	245.07	203.91	222.93	306.74	263.42	345.22	319.52	407.84	387.99
Working Capital Days	108.55	101.58	158.47	116.15	120.38	144.83	190.13	144.18	204.17	174.85	204.74	184.25
ROCE %	7.69%	8.51%		15.23%	17.27%	13.61%	9.34%	11.48%	8.88%	8.26%	7.22%	11.61%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Promoters	73.01%	73.01%	73.01%	73.01%	73.01%	73.02%	73.02%	73.02%	73.02%	73.02%	73.02%	73.02%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%
Public	26.99%	26.99%	26.99%	26.98%	26.98%	26.98%	26.98%	26.98%	26.98%	26.98%	26.98%	26.59%
No. of Shareholders	126	127	114	114	115	133	133	211	180	236	280	414

Shareholding Pattern Chart

No. of Shareholders

Parin Furniture Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	2.04	2.77	3.71	4.16	3.43
Diluted EPS (Rs.)	2.04	2.77	3.71	4.16	3.43
Cash EPS (Rs.)	3.45	4.16	5.52	5.58	4.29
Book Value[Excl.RevalReserv]/Share (Rs.)	52.16	50.12	47.35	43.62	39.44
Book Value[Incl.RevalReserv]/Share (Rs.)	52.16	50.12	47.35	43.62	39.44
Revenue From Operations / Share (Rs.)	73.69	73.03	68.55	75.47	60.31
PBDIT / Share (Rs.)	8.06	8.73	10.33	11.23	8.35
PBIT / Share (Rs.)	6.65	7.34	8.53	9.83	7.51
PBT / Share (Rs.)	2.74	4.10	5.27	6.40	4.87
Net Profit / Share (Rs.)	2.04	2.77	3.72	4.18	3.45
NP After MI And SOA / Share (Rs.)	2.04	2.77	3.71	4.16	3.43
PBDIT Margin (%)	10.93	11.95	15.06	14.87	13.85
PBIT Margin (%)	9.02	10.05	12.44	13.02	12.45
PBT Margin (%)	3.72	5.61	7.69	8.47	8.06
Net Profit Margin (%)	2.77	3.79	5.43	5.54	5.71
NP After MI And SOA Margin (%)	2.76	3.78	5.40	5.51	5.68
Return on Networth / Equity (%)	3.92	5.53	7.85	9.56	8.71
Return on Capital Employeed (%)	10.92	12.54	14.03	17.41	15.05
Return On Assets (%)	1.81	2.13	3.61	4.44	3.83
Long Term Debt / Equity (X)	0.15	0.15	0.26	0.27	0.24
Total Debt / Equity (X)	0.78	0.82	0.69	0.75	0.68
Asset Turnover Ratio (%)	0.60	0.68	0.76	0.91	0.97
Current Ratio (X)	1.95	1.67	2.17	2.09	1.99
Quick Ratio (X)	0.82	0.85	1.11	0.95	0.87
Inventory Turnover Ratio (X)	0.55	0.55	0.49	0.12	0.00
Interest Coverage Ratio (X)	2.06	2.69	3.17	3.27	3.16
Interest Coverage Ratio (Post Tax) (X)	1.52	1.85	2.14	2.22	2.30
Enterprise Value (Cr.)	211.40	151.38	134.22	90.22	85.33
EV / Net Operating Revenue (X)	2.58	1.86	1.76	1.08	1.27
EV / EBITDA (X)	23.60	15.60	11.69	7.23	9.19
MarketCap / Net Operating Revenue (X)	2.04	1.36	1.31	0.67	0.87
Price / BV (X)	2.89	1.99	1.91	1.18	1.35
Price / Net Operating Revenue (X)	2.04	1.36	1.31	0.67	0.87
EarningsYield	0.01	0.02	0.04	0.08	0.06

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Parin Enterprises Ltd. is a Public Limited Listed company incorporated on 12/09/2006 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L36101GJ2006PLC049074 and registration number is 049074. Currently Company is involved in the business activities of Wholesale of furniture and fixtures. Company's Total Operating Revenue is Rs. 75.07 Cr. and Equity Capital is Rs. 11.21 Cr. for the Year ended 31/03/2026.

INDUSTRY	ADDRESS	CONTACT
Furniture, Furnishing & Flooring	Plot No. 6, Revenue Survey No. 149, National Highway, Rajkot Gujarat 360004	Contact not found

Management
Name	Position Held
Mr. Umesh Dhirajlal Nandani	Chairman & Managing Director
Mr. Parin Umeshbhai Nandani	Whole Time Director
Mr. Deven Dipesh Nandani	Non Executive Director
Ms. Shweta Chirag Kathrani	Ind. Non-Executive Director
Mr. Dayalal Harjivanbhai Kesharia	Ind. Non-Executive Director
Mr. Pranav Vinodkumar Manek	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Parin Furniture Ltd and is it undervalued?

As of 26 April 2026, Parin Furniture Ltd's intrinsic value is ₹231.22, which is 64.75% lower than the current market price of ₹656.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (7.14 %), book value (₹57.7), dividend yield (0.03 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Parin Furniture Ltd?

Parin Furniture Ltd is trading at ₹656.00 as of 26 April 2026, with a FY2026-2027 high of ₹725 and low of ₹312. The stock is currently near its 52-week high. Market cap stands at ₹729 Cr..

How does Parin Furniture Ltd's P/E ratio compare to its industry?

Parin Furniture Ltd has a P/E ratio of 172, which is above the industry average of 43.91. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Parin Furniture Ltd financially healthy?

Key indicators for Parin Furniture Ltd: ROCE of 8.33 % is on the lower side compared to the industry average of 15.61%; ROE of 7.14 % is below ideal levels (industry average: 12.76%). Dividend yield is 0.03 %.

Is Parin Furniture Ltd profitable and how is the profit trend?

Parin Furniture Ltd reported a net profit of ₹5 Cr in Mar 2025 on revenue of ₹98 Cr. Compared to ₹3 Cr in Mar 2022, the net profit shows an improving trend.

Does Parin Furniture Ltd pay dividends?

Parin Furniture Ltd has a dividend yield of 0.03 % at the current price of ₹656.00. The company pays dividends, though the yield is modest.