Parsvnath Developers Limited (PDL) was incorporated on July 24, 1990. The Parsvnath Group is a marquee real estate brand with a pan-India presence in 37 cities across 13 states. PDL is noted as the first real estate company to integrate with ISO 9001, 14001, and OHSAS 18001. In its more than four-decade existence, the company has established an enviable track record in diverse segments of the sector, including Integrated Townships, Residential, Commercial, Retail, DMRC Station Development, Hotel, IT Park, SEZ, and Third-Party Contracting projects.
The company's presence spans over 37 cities in 13 states where it develops various properties, including office complexes, affordable housing, luxurious residences, shopping malls and hypermarkets, posh hotels, futuristic multiplexes, and ultra-modern IT Parks and special economic zones. It also undertakes construction on a contracting basis.
As of July 9, 2025, the market capitalization of Parsvnath Developers Ltd (PARSVNATH) stood at ₹1,138.00 Crore. The 52-week high for the stock is ₹27.39 and the 52-week low is ₹11.15.
The stock has shown mixed performance trends:
- Over the past 6 months, the Parsvnath Developers share price has decreased by 18.53%.
- In the last one year, it has increased by 57.38%.
The company has shown mixed financial performance in recent quarters and years.
- Revenue: ₹58.24 Crore
- Net Profit/Loss: ₹-31.46 Crore (Net Loss)
- Comparison to Q3 FY2023-24: Net loss increased to ₹31.25 crore in December 2024 from ₹16.35 crore in December 2023.
- Sales Decline: Sales declined significantly by 71.97% to ₹58.24 crore in Q3 FY2024-25, compared to ₹207.75 crore in the previous quarter (Q3 FY2023-24).
- Revenue has shown an upward trend for the last two quarters, moving from ₹48.37 Crore to ₹121.52 Crore, with an average increase of 60.2% per quarter.
- Parsvnath Developers Ltd's net profit fell -91.13% year-over-year in Q3 FY2024-25.
- The company has delivered a poor sales growth of -12.8% over the past five years.
- P/E (Price-to-Earnings) Ratio: -1.92
- P/B (Price-to-Book) Ratio: -0.71
- Interest Coverage Ratio: The company has a low interest coverage ratio, indicating potential challenges in meeting interest obligations.
Parsvnath Developers boasts an extensive portfolio spanning multiple real estate segments:
- Parsvnath Castle
- Parsvnath Estate
- Parsvnath Majestic Towers
- Parsvnath Edens
- Parsvnath Platinum
- Parsvnath Green Ville
- Parsvnath Presidency
- Parsvnath Majestic Floors
- Parsvnath Paradise
- Parsvnath Royale Floors
- Parsvnath Gardenia
- Parsvnath Pratishtha
- Parsvnath City
- Parsvnath Greens
- Parsvnath King Citi
- Parsvnath Narayan City
- Parsvnath Royale Floors
- Parsvnath Royale Villas
- Parsvnath Aakanksha Floors
- Parsvnath Paliwal City
- Parsvnath Kaushambi Mall
- Parsvnath Bibhab Plaza
- Parsvnath Planet
- Parsvnath Arcadia
- Supreme Court Ruling: The Supreme Court has ordered the Chandigarh administration to refund ₹47.75 crore with interest to Parsvnath's subsidiary PFCL. This refund is due to the failure of a film city project, with payment expected by June 30, 2025, and a 12% annual interest rate applied if delayed.
- Extraordinary General Meeting (EGM): An EGM approved the appointment of an independent director and sanctioned remuneration for key whole-time directors, including the Chairman, MD & CEO, and Marketing Director.
- Sustainability Focus: In 2006, PDL signed a Memorandum of Understanding (MoU) with ICLEI-Local Government for Sustainability, South Asia, India. This collaboration aims to develop and maintain a framework for cooperation in project activities to improve renewable energy and energy efficiency in large-scale infrastructure, housing, commercial, and SEZ projects.
- Geographic Expansion: The company acquired a 38% equity stake in NanoCity Haryana Infrastructure Limited in 2008 and is actively concentrating on expanding its presence in cities outside major metropolitan areas like Delhi, Mumbai, Chennai, Kolkata, Hyderabad, and Bangalore.
- Chairperson: Pradeep Kumar Jain
- Listing Date: November 30, 2006
- Employees: Parsvnath Developers has 221 employees.
- Promoter Holding: Promoter holding in Parsvnath Developers Ltd stood at 50.09% as of December 2024, a decrease from 66.30% in March 2024.
Parsvnath Developers continues to be a significant player in India's real estate sector, with a diversified portfolio and extensive geographic presence, though it faces challenges in terms of profitability and debt management in the current market environment.
