Parin Furniture Ltd.
Snapshot View

142.50 0.00

27 May 2022, 03:31:21 PM
Volume: 0

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Household & Personal Products Compare with Industry peers
Website http://www.parinfurniture.com
Market Cap 158.43 Cr.
Enterprise Value(EV) 193.69 Cr. 2021-03
Financial Indicators
Earnings per share (EPS) 3.71 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 38.44 Trailing Twelve Months Ending 2022-03
Industry PE 54.66 Trailing Twelve Months Ending 2022-03
Book Value / Share 47.19 Trailing Twelve Months Ending 2022-03
Price to Book Value 3.02 Calculated using Price: 142.50
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 1.11 Cr. 11,118,000 Shares
FaceValue 10
Company Profile

The company was originally incorporated as ‘Parin Furniture Private Limited’ on September 12, 2006 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat Dadra & Nagar Havelli. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 17, 2018, the company was converted into a Public Limited Company and the name of the Company was changed to ‘Parin Furniture Limited’ vide a fresh Certificate of Incorporation dated April 04, 2018 issued by the Registrar of Companies, Ahmedabad, Gujarat.

Its core purpose is to serve the world with better lifestyle. Its business network is spread in 18 States. It has COCO Flagship Retail Stores and around 900 dealers associated with it. It has huge stock keeping facilities having storage area with strong supply chain management. In addition to this, it has created spacious, specially designed showrooms for display of its various products like home furniture, office furniture, hospital furniture, institutional furniture etc. It consistently introduces new design in its products. It has integrated in-house capabilities to market, distribute and retail its conceptualized furniture. It also has team of experienced, highly professional and skilled manpower. To maintain space and remain competitive in changing market place, it has various business verticals like B2B, Projects - Government & Private, Retail and E-Commerce. It also has accounting system for smooth business operations. It follows the regime of honest price policy for its customers.

Business area of the Company:

The company is a provider of wide and exclusive range of furniture and lifestyle products for several consumers. It is consistent in supplying quality products round the year as customized products are made available to them as per the market demand.

Major Events & Milestones

  • 2006: Incorporation of the company as Parin Furniture Private Limited.
  • 2015: The company has acquired the business of P.P. Furniture Private Limited through Slump Sale vide a Slump Sale Agreement dated April 01, 2015
  • 2015: The company was awarded as the Fastest Growing Furniture Company of the year by Brands Academy.
  • 2016: The company was granted a Certificate of Appreciation by Rajkot Chamber of Commerce & Industry
  • 2017: The company was awarded with -Excellent Achievement Award by Ahmedabad Furniture Association.
  • 2017: The company was awarded -Saurashtra Ratna for contribution in Home & Office Décor by CNBC Awaz.
  • 2018: The company was awarded a Certificate of appreciation as largest furniture manufacturer of Gujarat for valuable contribution towards entrepreneurship by ‘Gujarat's Young Achievers’ ZEE 24 Kalak.
  • 2018: Conversion of the company from Private Company to Public Company.
  • 2018: Acquisition of 98.45% of outstanding equity shares of Pearl Furniture Private Limited.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-5.00%
1 Month
-4.36%
3 Month
+58.33%
6 Month
+137.50%
1 Year
+189.34%
2 Year
+112.05%
5 Year
10 Year
4 years 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 22.28 14.73 9.39 10.27
Return on Capital Employed (%) 19.19 16.87 12.74 13.67
Return on Assets (%) 6.64 6.75 4.67 4.58

Balance Sheet View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 17 40 44 48
Non Curr. Liab. 15 4 12 14
Curr. Liab. 25 21 44 41
Minority Int. 0 0 0 0
Equity & Liab. 57 65 99 104
Non Curr. Assets 7 8 11 17
Curr. Assets 49 55 87 86
Misc. Exp. not W/O 1 1 1
Total Assets 57 65 99 104

Profit Loss View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 65 71 67 84
Other Income 0 0 1 1
Total Income 65 72 68 84
Total Expenditure -55 -62 -58 -72
PBIDT 10 10 9 12
Interest -3 -3 -3 -4
Depreciation -1 -1 -1 -2
Taxation -2 -2 -2 -2
Exceptional Items
PAT 4 4 4 5
Minority Interest 0 0 0 0
Share Associate
Other Related Items
Consolidated Net Profit 4 4 4 5
Adjusted EPS 5 4 3 4

Cash Flow View Details

Particulars 4 years 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 2 5 -4 2
Cash Fr. Inv. -1 0 -4 -5
Cash Fr. Finan. -1 -4 9 3
Net Change 0 1 1 0
Cash & Cash Eqvt 2 3 4 3

Shareholding Pattern View Details

8 Qtrs 2018-03 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%) 2021-09 (%) 2022-03 (%)
Promoter 100.00 73.02 73.01 73.01 73.01 73.01 73.01 73.01
Public 0.00 26.98 26.98 26.99 26.99 26.99 26.98 26.98
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

No Corporate Announcement found.

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Opening at High Opening at High
Opening at Low Opening at Low
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week High Zone Close Within 52 Week High Zone

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