About Parshwanath Corporation Limited
Data last updated: 17 December 2025
Parshwanath Corporation Limited is a public limited company based in Ahamedabad, Gujarat, India. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 31 December 1985, the company has been in operation for over 41 years.
Registered with ROC Ahmedabad under CIN L45201GJ1985PLC008361. Listed on BSE: 511176.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.13 Cr. Formerly known as Parshwanath Housing Finance Corporation Ltd. It is led by directors including Asit Arvindbhai Vyas and Nikunj Hasmukhbhai Shah.
Last AGM: 08 July 2025. Financial statements filed for year ended 31 March 2025. Office: 50 Harisiddh Chambers 3Rdfloor Asharm Road, Ahamedabad, Gujarat, India – 380012.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.52 Cr, a growth of 20% compared to the previous year.
The company has a workforce of approximately 6 employees as per the latest available data.
The company is associated with 2 brands - Parshwanath Corporation Ltd, Parshwanath.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parshwanath.co.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address50 Harisiddh Chambers 3Rdfloor Asharm Road, Ahamedabad, Gujarat, India – 380012
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Parshwanath Corporation Limited
Parshwanath Corporation Limited has one previous CIN (Corporate Identification Number): U45201GJ1985PLC008361. The current CIN is L45201GJ1985PLC008361, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201GJ1985PLC008361 | Current |
| U45201GJ1985PLC008361 | Previous |
Associated Brands with Parshwanath Corporation Limited
Parshwanath Corporation Limited operates two associated brands: Parshwanath Corporation Ltd and Parshwanath. These brands represent Parshwanath Corporation Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Buildings are developed by Parshwanath in Ahmedabad, India, since 1967. | parshwanath.co.in | |
| Real estate development with a focus on residential and commercial projects in Gujarat. | parshwanath.com |
Competitors & Alternatives of Parshwanath Corporation Limited
Brands and companies operating in the same space as Parshwanath Corporation Limited include Godrej Properties, Vingroup, DLF India and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Godrej Properties
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Residential and commercial properties are developed by Godrej Properties. | Mumbai, India, India | 1990 |
Vingroup
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Real estate development and management services are offered by Vingroup. | Hanoi, Vietnam, Vietnam | 1993 |
DLF India
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Provider of property and real estate development services | Gurugram, India, India | 1947 |
Lendlease
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Sustainable project development and maintenance services are provided worldwide. | Melbourne, Australia, Australia | 1958 |
Frasers Property
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Residential and commercial properties are developed and managed across regions. | Singapore, Singapore, Singapore | 1924 |
Sunac
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Residential and commercial real estate development is conducted by Sunac. | Shanghai, China, China | 2003 |
Lodha Group
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Developer of residential and commercial real estate properties | Mumbai, India, India | 1980 |
Vanke
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Real estate properties are developed in over 50 cities. | Shenzhen, China, China | 1984 |
Eiffage
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Eiffage is engaged in construction, energy, and infrastructure concessions. | Paris, France, France | 1920 |
City Developments
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Real estate development and management services are provided globally. | Singapore, Singapore, Singapore | 1963 |
Business Activity of Parshwanath Corporation Limited
Parshwanath Corporation Limited is engaged in principal business activities including real estate and financial and insurance service, with detailed activities including real estate activities with own or leased property, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Auditor Details of Parshwanath Corporation Limited
Parshwanath Corporation Limited is audited by M B D & Co LLP (ICAI peer reviewed, certificate valid till 2028-06-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M B D & Co LLP (ICAI peer reviewed, certificate valid till 2028-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Parshwanath Corporation Limited
Parshwanath Corporation Limited is currently managed by 5 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asit Arvindbhai Vyas | Director | 08 Jun 2019 | 7 Years 1 Months | Current |
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Nikunj Hasmukhbhai Shah
Also directs:
Alacrity Securities Limited, Topsun Energy Limited
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Director | 01 Sep 2024 | 1 Years 10 Months | Current |
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Riddhiben Rushabh Patel
Also directs:
Parshwanath Endeavours Llp, Shrine 125 Endeavours Llp, Skydivine 124 Endeavours Llp and 5 more
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Managing Director | 30 Jul 1999 | 26 Years 11 Months | Current |
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Rushabh Navnitbhai Patel
Also directs:
Parshwanath Endeavours Llp, Shrine 125 Endeavours Llp, Skydivine 124 Endeavours Llp and 5 more
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Managing Director | 22 Mar 1996 | 30 Years 3 Months | Current |
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Trishala Mahendra Jadav
Also directs:
A B N Intercorp Limited
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Director | 15 Sep 2024 | 1 Years 9 Months | Current |
Financials of Parshwanath Corporation Limited FY 2026 filings available
Parshwanath Corporation Limited reported revenue of ₹62.33 Lakh (down 11.2% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹62.33 Lakh | ₹70.19 Lakh | ₹59.16 Lakh | ₹51.99 Lakh | ₹41.45 Lakh | ₹44.39 Lakh | ₹97.58 Lakh | ₹64.68 Lakh |
| Other Income | ₹56.5 Lakh | ₹81.56 Lakh | ₹67.03 Lakh | ₹51.21 Lakh | ₹47.69 Lakh | ₹55.42 Lakh | ₹62.72 Lakh | ₹60.77 Lakh |
| Total Income | ₹1.19 Cr | ₹1.52 Cr | ₹1.26 Cr | ₹1.03 Cr | ₹89.14 Lakh | ₹99.81 Lakh | ₹1.6 Cr | ₹1.25 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹19,000 | ₹17,000 | ₹5.51 Lakh | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹6,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹35.32 Lakh | -₹6,000 | -₹46,000 | -₹19,000 | -₹17,000 | -₹5.51 Lakh | -₹17.67 Lakh | -₹2.15 Lakh |
| Employee Benefit Expense | ₹47.75 Lakh | ₹42.66 Lakh | ₹42.17 Lakh | ₹39.02 Lakh | ₹28.75 Lakh | ₹28.62 Lakh | ₹27.37 Lakh | ₹25.38 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹41,000 | ₹41,000 | ₹5,000 | ₹2,000 | ₹0 | ₹0 | ₹9.53 Lakh | ₹9.53 Lakh |
| Other Expenses | ₹47.84 Lakh | ₹48.76 Lakh | ₹35.85 Lakh | ₹35.4 Lakh | ₹29.41 Lakh | ₹37.16 Lakh | ₹63.26 Lakh | ₹44.83 Lakh |
| Total Expenses | ₹1.31 Cr | ₹91.83 Lakh | ₹77.61 Lakh | ₹74.44 Lakh | ₹58.16 Lakh | ₹65.78 Lakh | ₹82.49 Lakh | ₹77.59 Lakh |
| Profit Before Exceptional Items & Tax | -₹12.49 Lakh | ₹59.92 Lakh | ₹48.58 Lakh | ₹28.76 Lakh | ₹30.98 Lakh | ₹34.03 Lakh | ₹77.81 Lakh | ₹47.86 Lakh |
| Exceptional Items | ₹15.73 Lakh | ₹6.74 Lakh | ₹6.04 Lakh | ₹5.7 Lakh | ₹5.08 Lakh | ₹20.76 Lakh | ₹9.89 Lakh | ₹9.37 Lakh |
| Profit Before Tax | ₹3.24 Lakh | ₹66.66 Lakh | ₹54.62 Lakh | ₹34.46 Lakh | ₹36.06 Lakh | ₹54.79 Lakh | ₹87.7 Lakh | ₹57.23 Lakh |
| Total Tax Expense | ₹6.44 Lakh | ₹11.18 Lakh | ₹3.1 Lakh | ₹5.56 Lakh | ₹6.35 Lakh | ₹9.38 Lakh | ₹14.34 Lakh | ₹11.3 Lakh |
| Net Profit | -₹3.2 Lakh | ₹55.48 Lakh | ₹51.52 Lakh | ₹28.9 Lakh | ₹29.71 Lakh | ₹45.41 Lakh | ₹73.36 Lakh | ₹45.93 Lakh |
| Other Comprehensive Income | -₹77,000 | ₹0 | ₹12,000 | ₹42,000 | -₹10,000 | ₹9,000 | -₹9,000 | ₹6,000 |
| Total Comprehensive Income | -₹3.97 Lakh | ₹55.48 Lakh | ₹51.64 Lakh | ₹29.32 Lakh | ₹29.61 Lakh | ₹45.5 Lakh | ₹73.27 Lakh | ₹45.99 Lakh |
| EBITDA (computed) | -₹12.08 Lakh | ₹60.33 Lakh | ₹48.63 Lakh | ₹28.78 Lakh | ₹30.98 Lakh | ₹34.03 Lakh | ₹87.34 Lakh | ₹57.39 Lakh |
| Basic EPS | ₹-0.10 | ₹1.77 | ₹1.64 | ₹0.92 | ₹0.95 | ₹1.45 | ₹2.34 | ₹1.47 |
| Diluted EPS | ₹-1.10 | ₹1.77 | ₹1.64 | ₹0.92 | ₹0.95 | ₹1.45 | ₹2.34 | ₹1.47 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹12.46 Cr | ₹12.36 Cr | ₹12.15 Cr | ₹11.55 Cr | ₹11.1 Cr | ₹10.59 Cr | ₹10.15 Cr | ₹9.35 Cr |
| Non-current Assets | ₹45.44 Lakh | ₹45.85 Lakh | ₹53.21 Lakh | ₹52.43 Lakh | ₹50.28 Lakh | ₹49.94 Lakh | ₹53.37 Lakh | ₹62.6 Lakh |
| Current Assets | ₹12.01 Cr | ₹11.9 Cr | ₹11.62 Cr | ₹11.03 Cr | ₹10.6 Cr | ₹10.09 Cr | ₹9.62 Cr | ₹8.72 Cr |
| Property, Plant & Equipment | ₹29,000 | ₹70,000 | ₹1.12 Lakh | ₹72,000 | ₹42,400 | ₹42,400 | ₹4.19 Lakh | ₹13.72 Lakh |
| Inventories | ₹0 | ₹35.32 Lakh | ₹35.26 Lakh | ₹34.8 Lakh | ₹34.61 Lakh | ₹34.44 Lakh | ₹28.93 Lakh | ₹11.26 Lakh |
| Trade Receivables | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹67,000 | ₹11.33 Cr | ₹11.03 Cr | ₹10.48 Cr | ₹10.06 Cr | ₹60,700 | ₹3.89 Lakh | ₹8.31 Cr |
| Equity (Net Worth) | ₹12.09 Cr | ₹12.13 Cr | ₹11.57 Cr | ₹11.06 Cr | ₹10.76 Cr | ₹10.47 Cr | ₹10.01 Cr | ₹9.28 Cr |
| Equity Share Capital | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr | ₹3.13 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹7.5 Lakh | ₹17.73 Lakh | ₹41.75 Lakh | ₹30.5 Lakh | ₹24 Lakh | ₹4.72 Lakh | ₹0 | ₹0 |
| Total Debt (computed) | ₹7.5 Lakh | ₹17.73 Lakh | ₹41.75 Lakh | ₹30.5 Lakh | ₹24 Lakh | ₹4.72 Lakh | ₹0 | ₹0 |
| Current Liabilities | ₹35.64 Lakh | ₹19.47 Lakh | ₹54.01 Lakh | ₹46.15 Lakh | ₹30.62 Lakh | ₹9.94 Lakh | ₹11.75 Lakh | ₹4.72 Lakh |
| Total Liabilities | ₹37.36 Lakh | ₹23.35 Lakh | ₹57.55 Lakh | ₹49.39 Lakh | ₹33.8 Lakh | ₹12.61 Lakh | ₹14.1 Lakh | ₹6.61 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹11.96 Cr | -₹10.06 Lakh | -₹22.43 Lakh | -₹14.69 Lakh | -₹25.2 Lakh |
| Investing Cash Flow | ₹56.5 Lakh | ₹81.56 Lakh | ₹65.94 Lakh | ₹50.87 Lakh | ₹47.28 Lakh |
| Financing Cash Flow | ₹7.25 Lakh | -₹41.5 Lakh | ₹11.25 Lakh | ₹6.5 Lakh | ₹24 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹45,000 | ₹31,000 | ₹0 |
| Free Cash Flow (computed) | -₹11.96 Cr | -₹10.06 Lakh | -₹22.88 Lakh | -₹15 Lakh | -₹25.2 Lakh |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹11.32 Cr | ₹30 Lakh | ₹54.76 Lakh | ₹42.68 Lakh | ₹46.08 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹11.72 Lakh | -₹2.71 Lakh | ₹42.04 Lakh | ₹16.42 Lakh | ₹12.46 Lakh | ₹6.73 Lakh | ₹17.51 Lakh | ₹33.49 Lakh |
| Other Income | ₹60,000 | ₹25.65 Lakh | ₹8.03 Lakh | ₹22.22 Lakh | ₹20.75 Lakh | ₹20.64 Lakh | ₹19.95 Lakh | ₹20.24 Lakh |
| Total Income | ₹12.32 Lakh | ₹22.94 Lakh | ₹50.07 Lakh | ₹38.64 Lakh | ₹33.21 Lakh | ₹27.37 Lakh | ₹37.46 Lakh | ₹53.72 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹35.32 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹6,000 |
| Employee Benefit Expense | ₹11.87 Lakh | ₹14.11 Lakh | ₹10.88 Lakh | ₹10.89 Lakh | ₹11.29 Lakh | ₹0 | ₹11.33 Lakh | ₹9.74 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹10.29 Lakh | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹1,000 | ₹33,000 | ₹3,000 | ₹4,000 | ₹38,000 | ₹1,200 | ₹1,000 | ₹1,200 |
| Other Expenses | ₹14.68 Lakh | ₹6.8 Lakh | ₹9.6 Lakh | ₹16.82 Lakh | ₹20.57 Lakh | ₹9.14 Lakh | ₹8.49 Lakh | ₹10.63 Lakh |
| Total Expenses | ₹61.88 Lakh | ₹21.24 Lakh | ₹20.51 Lakh | ₹27.75 Lakh | ₹32.24 Lakh | ₹19.45 Lakh | ₹19.83 Lakh | ₹20.33 Lakh |
| Profit Before Exceptional Items & Tax | -₹49.56 Lakh | ₹1.7 Lakh | ₹29.56 Lakh | ₹10.89 Lakh | ₹97,000 | ₹7.93 Lakh | ₹17.63 Lakh | ₹33.4 Lakh |
| Exceptional Items | ₹98,000 | ₹9.61 Lakh | ₹0 | ₹0 | ₹1.24 Lakh | ₹65,500 | ₹1.75 Lakh | ₹3.1 Lakh |
| Profit Before Tax | -₹48.58 Lakh | ₹11.31 Lakh | ₹29.56 Lakh | ₹10.89 Lakh | ₹2.21 Lakh | ₹8.58 Lakh | ₹19.38 Lakh | ₹36.5 Lakh |
| Total Tax Expense | -₹12.73 Lakh | ₹19.01 Lakh | ₹4.91 Lakh | -₹4.75 Lakh | ₹1.26 Lakh | ₹1.22 Lakh | ₹3.03 Lakh | ₹5.69 Lakh |
| Net Profit | -₹35.85 Lakh | -₹7.7 Lakh | ₹24.65 Lakh | ₹15.64 Lakh | ₹95,000 | ₹7.37 Lakh | ₹16.36 Lakh | ₹30.81 Lakh |
| Other Comprehensive Income | -₹77,000 | ₹0 | ₹3,000 | ₹3,000 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹36.62 Lakh | -₹7.7 Lakh | ₹24.68 Lakh | ₹15.67 Lakh | ₹95,000 | ₹7.37 Lakh | ₹16.36 Lakh | ₹30.81 Lakh |
| EBITDA (computed) | -₹49.55 Lakh | ₹2.03 Lakh | ₹29.59 Lakh | ₹10.93 Lakh | ₹1.35 Lakh | ₹18.23 Lakh | ₹17.64 Lakh | ₹33.41 Lakh |
| Basic EPS | ₹-1.14 | ₹-0.25 | ₹0.79 | ₹0.50 | ₹0.03 | ₹0.24 | ₹0.52 | ₹0.98 |
| Diluted EPS | ₹-1.14 | ₹-0.25 | ₹0.79 | ₹0.50 | ₹0.03 | ₹0.24 | ₹0.52 | ₹0.98 |
Shareholding Pattern of Parshwanath Corporation Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 74.69%, retail and other public shareholders hold 25.31% of Parshwanath Corporation Limited. The company had 2,527 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.69% | 74.69% | 74.69% | 74.69% | 74.69% | 74.69% |
| Public | 25.31% | 25.31% | 25.31% | 25.31% | 25.31% | 25.31% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 74.69% | 74.69% | 74.69% |
| Public | 25.31% | 25.31% | 25.31% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings Parshwanath Corporation Limited
Parshwanath Corporation Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parshwanath Corporation Limited
Parshwanath Corporation Limited has a workforce of 6 employees as of Mar 29, 2024.
Employee Count & EPFO Data of Parshwanath Corporation Limited
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GST Compliance of Parshwanath Corporation Limited
GSTIN & GST Filing Data of Parshwanath Corporation Limited
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Credit Ratings, Litigation & Regulatory Alerts for Parshwanath Corporation Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Parshwanath Corporation Limited
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MSME Payment Delays by Parshwanath Corporation Limited
MSME Payment Delays by Parshwanath Corporation Limited
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Subsidiaries & Group Companies of Parshwanath Corporation Limited
Subsidiaries & Group Companies of Parshwanath Corporation Limited
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MCA Filings & Documents of Parshwanath Corporation Limited
MCA Filings & Documents of Parshwanath Corporation Limited
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Recent Activity on Parshwanath Corporation Limited
Frequently Asked Questions about Parshwanath Corporation Limited
Parshwanath Corporation Limited is an active public limited company in the real estate and construction sector based in Ahamedabad, Gujarat, India. It was incorporated on 31 December 1985 (41+ years old) and is registered under CIN L45201GJ1985PLC008361. Listed on BSE: 511176. The company has 6 employees.
Parshwanath Corporation Limited reported revenue of ₹1.52 Cr for FY 2025 (up 20.00% YoY).
The current directors of Parshwanath Corporation Limited are:
- Asit Arvindbhai Vyas
- Nikunj Hasmukhbhai Shah
- Riddhiben Rushabh Patel
- Rushabh Navnitbhai Patel
- Trishala Mahendra Jadav
The primary industry of Parshwanath Corporation Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Yes. Parshwanath Corporation Limited is listed on BSE with code 511176.
Parshwanath Corporation Limited can be reached at the registered office: 50 Harisiddh Chambers 3Rdfloor Asharm Road, Ahamedabad, Gujarat, India – 380012, or through the website parshwanath.co.in.