
About Parsvnath Developers Limited
Data last updated:
Parsvnath Developers Limited is a public limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 July 1990.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L45201DL1990PLC040945. Its GSTIN is 03AAACP0743J1ZS (Punjab). The company holds 16 GST registrations, of which 1 is active. Its shares are listed on BSE: 532780 and NSE: PARSVNATH.
The company has an authorised share capital of ₹350 Cr and a paid-up capital of ₹217.59 Cr. It was formerly known as Parsvnath Limited. It is led by directors including Sanjeev Kumar Jain (Managing Director) and Rajeev Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Parsvnath Tower Near Shahdara Metro Station Shahdara, Delhi, India – 110032.
As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹86.78 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹239.8 Cr (net margin -276.3%) and EBITDA of -₹81.88 Cr (EBITDA margin -94.4%). The net worth stands at ₹9.7 Cr (down 93.5% YoY). Total assets are valued at ₹1,370.89 Cr (up 8.2% YoY).
The company has about 179 employees on its provident fund (EPFO) records. Its group structure includes 19 subsidiaries.
The company is associated with 1 brand: Parsvnath. As per MCA filings, the company has open charges of ₹2,816.49 Cr and satisfied charges of ₹7,836.74 Cr on record. Court records list 1,249 cases involving the company, including 261 filed by the company and 903 filed against it; 218 cases are pending. The company has 32 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹260.64 Cr; the latest was in March 2026. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Hinduja Realty Ventures Limited with revenue of ₹308.98 Cr. The company has 156 MSME Form 1 returns on record between 2008 and 2024, listing 435 overdue payments to 89 micro and small suppliers.
The last known website on record is parsvnath.com.
CIN History of Parsvnath Developers Limited
Parsvnath Developers has one previous CIN (Corporate Identification Number): U45201DL1990PLC040945. The current CIN is L45201DL1990PLC040945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45201DL1990PLC040945 | Current |
| U45201DL1990PLC040945 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressParsvnath Tower Near Shahdara Metro Station Shahdara, Delhi, India – 110032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Parsvnath Developers Limited
Parsvnath Developers operates one associated brand: Parsvnath. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate properties are developed by Parsvnath in India. | parsvnath.com |
Business Activity of Parsvnath Developers Limited
The main business activity of Parsvnath Developers is real estate. In detail, this covers real estate activities with own or leased property.
| 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parsvnath Developers Limited FY 2024-25 filings available
Parsvnath Developers Limited reported revenue of ₹86.78 Cr (down 70% YoY) for FY 2024-25.
Financial Highlights
FY 2023-24 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 462 | 440 | 899 | 358 | 1,191 | 911 | 194 |
| Revenue growth | +5.0% | -51.0% | +151.0% | -69.9% | +30.8% | +370.4% | - |
| EBITDA | (79.14) | (232) | (54.61) | (16.41) | 56.09 | (51.83) | (21.55) |
| EBITDA margin | -17.1% | -52.7% | -6.1% | -4.6% | +4.7% | -5.7% | -11.1% |
| Profit before tax | (507) | (652) | (490) | (415) | (375) | (402) | (360) |
| Net profit | (657) | (705) | (493) | (428) | (347) | (364) | (317) |
| Net profit margin | -142.1% | -160.0% | -54.9% | -119.4% | -29.1% | -40.0% | -163.9% |
| EPS (₹) | (13.65) | (18.41) | (11.31) | (9.82) | (7.96) | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 2,522 | 3,181 | 3,616 | 4,081 | 4,233 | 5,326 | 6,813 |
| Net worth | (1,696) | (1,103) | (303) | 181 | 607 | 942 | 2,165 |
| Total debt | 3,240 | 3,427 | 3,537 | 3,519 | 3,143 | 4,215 | 4,400 |
| Cash & bank | 88.04 | 93.21 | 81.02 | 102 | 63.15 | 90.69 | 64.68 |
| Net working capital | 117 | 667 | 877 | 1,332 | 1,472 | 1,741 | 3,669 |
| Cash flow | |||||||
| Cash from operations | 261 | 374 | 550 | 259 | 1,563 | 1,310 | 84.63 |
| Cash from investing | (30.62) | (58.71) | 39.29 | (47.24) | (11.09) | (470) | (90.48) |
| Cash from financing | (214) | (325) | (608) | (179) | (1,576) | (815) | 0.27 |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 61.04 | 53.96 | 63.26 | 60.62 | 58.24 | 47.05 | 88.02 | 87.07 |
| Revenue growth (YoY) | +4.8% | +14.7% | -28.1% | -30.4% | -72.0% | - | - | - |
| Other income | 6.92 | 1.18 | 71.85 | 103 | 63.28 | 1.32 | 2.10 | 84.93 |
| EBITDA | (4.02) | (24.46) | 5.36 | (21.68) | 7.24 | (10.42) | 12.69 | (103) |
| EBITDA margin | -6.6% | -45.3% | +8.5% | -35.8% | +12.4% | -22.1% | +14.4% | -118.3% |
| Depreciation | 23.36 | 11.45 | 11.21 | 12.18 | 13.42 | 13.41 | 13.27 | 13.83 |
| Interest | 129 | 117 | 119 | 149 | 88.57 | 106 | 101 | 223 |
| Profit before tax | (149) | (152) | (53.15) | (79.76) | (31.47) | (128) | (99.17) | (255) |
| Tax | 0.00 | 1.73 | 6.06 | 7.10 | 0.00 | 0.00 | 1.77 | 51.92 |
| Net profit | (149) | (154) | (59.21) | (86.86) | (31.47) | (128) | (101) | (307) |
| EPS (₹) | (3.29) | (3.53) | (1.36) | (1.97) | (0.71) | (2.94) | (2.32) | (7.05) |
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 86.78 | 289 | 287 | 745 | 288 | 1,116 | 821 |
| Revenue growth | -70.0% | +0.8% | -61.5% | +158.9% | -74.2% | +35.9% | - |
| EBITDA | (81.88) | (153) | (212) | (62.66) | (55.04) | 33.50 | (110) |
| EBITDA margin | -94.4% | -53.1% | -73.9% | -8.4% | -19.1% | +3.0% | -13.4% |
| Profit before tax | (139) | (345) | (367) | (205) | (237) | (117) | (271) |
| Net profit | (240) | (319) | (390) | (210) | (242) | (152) | (244) |
| Net profit margin | -276.3% | -110.3% | -136.0% | -28.2% | -84.1% | -13.6% | -29.7% |
| EPS (₹) | (3.20) | (9.71) | (10.38) | (4.81) | (5.56) | (2.14) | 0.00 |
| Balance sheet | |||||||
| Total assets | 1,371 | 1,267 | 1,842 | 2,455 | 2,845 | 3,081 | 3,515 |
| Net worth | 9.70 | 149 | 571 | 1,023 | 1,232 | 1,473 | 1,567 |
| Total debt | 1,170 | 927 | 1,072 | 1,379 | 1,538 | 1,423 | 1,846 |
| Cash & bank | 5.06 | 2.51 | 64.61 | 58.57 | 68.11 | 59.05 | 85.38 |
| Net working capital | (168) | (619) | 137 | 782 | 777 | 1,081 | 1,610 |
| Cash flow | |||||||
| Cash from operations | 39.14 | 224 | 419 | 296 | 200 | 486 | 1,218 |
| Cash from investing | (87.89) | (6.53) | (3.58) | (51.61) | (39.80) | 228 | (459) |
| Cash from financing | 48.61 | (217) | (420) | (247) | (156) | (738) | (734) |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19.19 | 18.29 | 13.38 | 18.90 | 15.48 | 16.75 | 35.66 | 43.49 |
| Revenue growth (YoY) | +24.0% | +9.2% | -62.5% | -56.5% | -90.1% | - | - | - |
| Other income | 1.03 | 0.98 | 69.78 | 73.21 | 63.03 | 1.31 | 1.46 | 23.50 |
| Total expenses | 18.87 | 26.05 | 18.58 | 80.57 | 22.62 | 28.24 | 37.23 | 256 |
| EBITDA | 0.32 | (7.76) | (5.20) | (61.67) | (7.14) | (11.49) | (1.57) | (212) |
| EBITDA margin | +1.7% | -42.4% | -38.9% | -326.3% | -46.1% | -68.6% | -4.4% | -487.6% |
| Depreciation | 1.64 | 1.64 | 1.62 | 0.76 | 0.78 | 0.77 | 0.76 | 0.86 |
| Interest | 50.56 | 50.17 | 54.90 | 80.94 | 25.48 | 44.46 | 42.11 | 94.49 |
| Profit before tax | (50.85) | (58.59) | 8.06 | (70.16) | 29.63 | (55.41) | (42.98) | (284) |
| Tax | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.00 | 0.00 | 51.73 |
Financial Statements
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 61.04 | 53.96 | 63.26 | 60.62 | 58.24 | 47.05 | 88.02 | 87.07 |
| Revenue growth (YoY) | +4.8% | +14.7% | -28.1% | -30.4% | -72.0% | - | - | - |
| Other income | 6.92 | 1.18 | 71.85 | 103 | 63.28 | 1.32 | 2.10 | 84.93 |
| EBITDA | (4.02) | (24.46) | 5.36 | (21.68) | 7.24 | (10.42) | 12.69 | (103) |
| EBITDA margin | -6.6% | -45.3% | +8.5% | -35.8% | +12.4% | -22.1% | +14.4% | -118.3% |
| Depreciation | 23.36 | 11.45 | 11.21 | 12.18 | 13.42 | 13.41 | 13.27 | 13.83 |
| Interest | 129 | 117 | 119 | 149 | 88.57 | 106 | 101 | 223 |
| Profit before tax | (149) | (152) | (53.15) | (79.76) | (31.47) | (128) | (99.17) | (255) |
| Tax | 0.00 | 1.73 | 6.06 | 7.10 | 0.00 | 0.00 | 1.77 | 51.92 |
| Net profit | (149) | (154) | (59.21) | (86.86) | (31.47) | (128) | (101) | (307) |
| EPS (₹) | (3.29) | (3.53) | (1.36) | (1.97) | (0.71) | (2.94) | (2.32) | (7.05) |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 462 | 440 | 899 | 358 | 1,191 | 911 | 194 |
| Revenue growth | +5.0% | -51.0% | +151.0% | -69.9% | +30.8% | +370.4% | - |
| Other income | 92.80 | 38.38 | 18.86 | 71.47 | 76.81 | 14.39 | 16.42 |
| Total expenses | 541 | 672 | 954 | 375 | 1,135 | 963 | 215 |
| Employee cost | 17.36 | 16.23 | 16.25 | 17.37 | 22.67 | 26.23 | 32.59 |
| EBITDA | (79.14) | (232) | (54.61) | (16.41) | 56.09 | (51.83) | (21.55) |
| EBITDA margin | -17.1% | -52.7% | -6.1% | -4.6% | +4.7% | -5.7% | -11.1% |
| Depreciation | 57.26 | 66.13 | 58.88 | 37.09 | 27.05 | 28.90 | 30.24 |
| Interest | 464 | 393 | 395 | 433 | 481 | 335 | 324 |
| Profit before tax | (507) | (652) | (490) | (415) | (375) | (402) | (360) |
| Tax | 86.84 | 147 | 4.14 | 13.26 | (11.90) | (34.26) | (35.57) |
| Net profit | (657) | (705) | (493) | (428) | (347) | (364) | (317) |
| Net profit margin | -142.1% | -160.0% | -54.9% | -119.4% | -29.1% | -40.0% | -163.9% |
| EPS (₹) | (13.65) | (18.41) | (11.31) | (9.82) | (7.96) | 0.00 | 0.00 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
| Reserves & surplus | (1,914) | (1,320) | (521) | (36.80) | 390 | 725 | 1,947 |
| Shareholders' funds (net worth) | (1,696) | (1,103) | (303) | 181 | 607 | 942 | 2,165 |
| Minority interest | 92.64 | 88.30 | 11.00 | 2.44 | 3.50 | 77.07 | 163 |
| Secured loans | 2,618 | 2,794 | 3,100 | 3,150 | 3,021 | 3,718 | 3,959 |
| Unsecured loans | 622 | 633 | 437 | 370 | 121 | 497 | 441 |
| Total debt | 3,240 | 3,427 | 3,537 | 3,519 | 3,143 | 4,215 | 4,400 |
| Total liabilities | 2,522 | 3,181 | 3,616 | 4,081 | 4,233 | 5,326 | 6,813 |
| Assets | |||||||
| Gross block | 1,260 | 1,331 | 1,145 | 1,100 | 1,015 | 678 | 635 |
| Net block | 898 | 1,028 | 919 | 900 | 860 | 564 | 548 |
| Capital work in progress | 792 | 902 | 835 | 927 | 915 | 814 | 747 |
| Investments | 388 | 175 | 390 | 390 | 344 | 303 | 14.62 |
| Inventories | 3,069 | 3,358 | 3,659 | 4,329 | 4,602 | 5,296 | 3,689 |
| Sundry debtors | 203 | 260 | 288 | 331 | 279 | 291 | 635 |
| Cash & bank balances | 88.04 | 93.21 | 81.02 | 102 | 63.15 | 90.69 | 64.68 |
| Loans & advances | 183 | 158 | 159 | 347 | 384 | 425 | 857 |
| Total current assets | 3,543 | 3,869 | 4,186 | 5,110 | 5,328 | 6,103 | 5,246 |
| Total current liabilities | 3,426 | 3,202 | 3,309 | 3,778 | 3,857 | 4,362 | 1,577 |
| Net working capital | 117 | 667 | 877 | 1,332 | 1,472 | 1,741 | 3,669 |
| Total assets | 2,522 | 3,181 | 3,616 | 4,081 | 4,233 | 5,326 | 6,813 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.27 | 24.79 | 42.77 | 9.80 | 34.46 | 8.44 | 14.02 |
| Net cash from operating activities | 261 | 374 | 550 | 259 | 1,563 | 1,310 | 84.63 |
| Net cash from investing activities | (30.62) | (58.71) | 39.29 | (47.24) | (11.09) | (470) | (90.48) |
| Net cash from financing activities | (214) | (325) | (608) | (179) | (1,576) | (815) | 0.27 |
| Net change in cash | 16.89 | (9.52) | (17.98) | 32.97 | (24.66) | 26.02 | (5.58) |
| Closing cash | 88.04 | 93.21 | 81.02 | 102 | 63.15 | 90.69 | 64.68 |
| Particulars | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +5.0% | -51.0% | +151.0% | -69.9% | +30.8% | +370.4% | - |
| EBITDA growth | +65.9% | -324.6% | -232.8% | -129.3% | +208.2% | -140.5% | - |
| PBT growth | +22.2% | -33.2% | -18.1% | -10.5% | +6.6% | -11.7% | -123.1% |
| Net income growth | +6.8% | -42.9% | -15.4% | -23.2% | +4.7% | -14.7% | - |
| Revenue CAGR (3Y) | +8.9% | -28.2% | -0.5% | +22.7% | +62.3% | +30.9% | -36.7% |
| EBITDA CAGR (3Y) | +69.0% | - | +1.8% | -8.7% | -8.3% | - | -47.0% |
| Profitability & leverage | |||||||
| Net income margin | -128.6% | -181.5% | -54.9% | -119.5% | -30.5% | -40.3% | -167.3% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.5% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -13.9% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 8.45 | 4.75 | 2.77 | 1.79 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 5.48 | 3.27 | 2.02 | 1.39 |
| Interest cover | -339.95 | -131.77 | -348.14 | -808.58 | 1,656.40 | -415.36 | -625.87 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.36 | 0.36 | 0.80 | 0.34 | 1.41 | 1.39 | 0.31 |
| Inventory turnover | 0.14 | 0.13 | 0.23 | 0.08 | 0.24 | 0.20 | 0.06 |
| Debtors turnover | 2.00 | 1.61 | 2.90 | 1.17 | 4.18 | 1.97 | 0.31 |
| EPS (₹) | (13.65) | (18.41) | (11.31) | (9.82) | (7.96) | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (38.98) | (25.34) | (6.96) | 4.15 | 13.96 | 21.66 | 49.75 |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19.19 | 18.29 | 13.38 | 18.90 | 15.48 | 16.75 | 35.66 | 43.49 |
| Revenue growth (YoY) | +24.0% | +9.2% | -62.5% | -56.5% | -90.1% | - | - | - |
| Other income | 1.03 | 0.98 | 69.78 | 73.21 | 63.03 | 1.31 | 1.46 | 23.50 |
| Total expenses | 18.87 | 26.05 | 18.58 | 80.57 | 22.62 | 28.24 | 37.23 | 256 |
| EBITDA | 0.32 | (7.76) | (5.20) | (61.67) | (7.14) | (11.49) | (1.57) | (212) |
| EBITDA margin | +1.7% | -42.4% | -38.9% | -326.3% | -46.1% | -68.6% | -4.4% | -487.6% |
| Depreciation | 1.64 | 1.64 | 1.62 | 0.76 | 0.78 | 0.77 | 0.76 | 0.86 |
| Interest | 50.56 | 50.17 | 54.90 | 80.94 | 25.48 | 44.46 | 42.11 | 94.49 |
| Profit before tax | (50.85) | (58.59) | 8.06 | (70.16) | 29.63 | (55.41) | (42.98) | (284) |
| Tax | 0.00 | 0.00 | 0.00 | 0.21 | 0.00 | 0.00 | 0.00 | 51.73 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 86.78 | 289 | 287 | 745 | 288 | 1,116 | 821 |
| Revenue growth | -70.0% | +0.8% | -61.5% | +158.9% | -74.2% | +35.9% | - |
| Other income | 139 | 29.93 | 32.66 | 12.32 | 50.29 | 122 | 12.39 |
| Total expenses | 169 | 442 | 499 | 807 | 343 | 1,082 | 931 |
| Employee cost | 15.06 | 15.55 | 14.21 | 14.32 | 15.58 | 20.46 | 24.97 |
| EBITDA | (81.88) | (153) | (212) | (62.66) | (55.04) | 33.50 | (110) |
| EBITDA margin | -94.4% | -53.1% | -73.9% | -8.4% | -19.1% | +3.0% | -13.4% |
| Depreciation | 3.07 | 3.15 | 3.20 | 3.36 | 4.62 | 4.50 | 9.44 |
| Interest | 193 | 218 | 185 | 151 | 227 | 268 | 164 |
| Profit before tax | (139) | (345) | (367) | (205) | (237) | (117) | (271) |
| Tax | 0.21 | 77.72 | 84.86 | 4.14 | 5.31 | (24.01) | (28.19) |
| Net profit | (240) | (319) | (390) | (210) | (242) | (152) | (244) |
| Net profit margin | -276.3% | -110.3% | -136.0% | -28.2% | -84.1% | -13.6% | -29.7% |
| EPS (₹) | (3.20) | (9.71) | (10.38) | (4.81) | (5.56) | (2.14) | 0.00 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 218 | 218 | 218 | 218 | 218 | 218 | 218 |
| Reserves & surplus | (208) | (68.88) | 354 | 806 | 1,014 | 1,256 | 1,349 |
| Shareholders' funds (net worth) | 9.70 | 149 | 571 | 1,023 | 1,232 | 1,473 | 1,567 |
| Secured loans | 1,033 | 790 | 939 | 1,255 | 1,297 | 1,298 | 1,759 |
| Unsecured loans | 137 | 137 | 133 | 123 | 241 | 125 | 86.25 |
| Total debt | 1,170 | 927 | 1,072 | 1,379 | 1,538 | 1,423 | 1,846 |
| Total liabilities | 1,371 | 1,267 | 1,842 | 2,455 | 2,845 | 3,081 | 3,515 |
| Assets | |||||||
| Gross block | 138 | 65.85 | 72.14 | 69.72 | 172 | 170 | 50.50 |
| Net block | 108 | 38.94 | 45.61 | 45.14 | 142 | 150 | 38.95 |
| Capital work in progress | 263 | 221 | 140 | 139 | 497 | 454 | 394 |
| Investments | 881 | 1,269 | 1,058 | 862 | 853 | 815 | 917 |
| Inventories | 1,766 | 1,830 | 2,033 | 2,356 | 2,942 | 3,218 | 3,955 |
| Sundry debtors | 172 | 188 | 280 | 276 | 313 | 261 | 269 |
| Cash & bank balances | 5.06 | 2.51 | 64.61 | 58.57 | 68.11 | 59.05 | 85.38 |
| Loans & advances | 331 | 245 | 566 | 977 | 777 | 778 | 812 |
| Total current assets | 2,274 | 2,265 | 2,943 | 3,668 | 4,101 | 4,316 | 5,121 |
| Total current liabilities | 2,442 | 2,883 | 2,806 | 2,886 | 3,324 | 3,234 | 3,511 |
| Net working capital | (168) | (619) | 137 | 782 | 777 | 1,081 | 1,610 |
| Total assets | 1,371 | 1,267 | 1,842 | 2,455 | 2,845 | 3,081 | 3,515 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.51 | 2.31 | 6.67 | 9.61 | 5.88 | 29.45 | 4.64 |
| Net cash from operating activities | 39.14 | 224 | 419 | 296 | 200 | 486 | 1,218 |
| Net cash from investing activities | (87.89) | (6.53) | (3.58) | (51.61) | (39.80) | 228 | (459) |
| Net cash from financing activities | 48.61 | (217) | (420) | (247) | (156) | (738) | (734) |
| Net change in cash | (0.13) | 0.21 | (4.36) | (2.94) | 3.73 | (23.56) | 24.81 |
| Closing cash | 5.06 | 2.51 | 64.61 | 58.57 | 68.11 | 59.05 | 85.38 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -70.0% | +0.8% | -61.5% | +158.9% | -74.2% | +35.9% | - |
| EBITDA growth | +46.6% | +27.6% | -238.2% | -13.8% | -264.3% | +130.4% | - |
| PBT growth | +59.7% | +6.1% | -79.0% | +13.4% | -102.1% | +56.8% | -92.3% |
| Net income growth | +24.7% | +18.3% | -85.6% | +13.2% | -59.7% | +37.8% | - |
| Revenue CAGR (3Y) | -51.2% | +0.1% | -36.4% | -3.2% | +38.4% | +64.8% | +39.0% |
| EBITDA CAGR (3Y) | +9.3% | +40.7% | - | -17.2% | +0.3% | -12.9% | - |
| Profitability & leverage | |||||||
| Net income margin | -160.3% | -146.2% | -157.6% | -28.1% | -84.1% | -8.3% | -29.6% |
| Return on capital employed | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 13.24 | 2.78 | 1.54 | 1.29 | 1.09 | 1.08 | 0.99 |
| Long-term debt / equity | 6.78 | 1.25 | 0.59 | 0.48 | 0.41 | 0.43 | 0.48 |
| Interest cover | -227.17 | -139.36 | -85.80 | -229.22 | -381.08 | 923.90 | -136.83 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.85 | 4.19 | 4.04 | 6.16 | 1.68 | 10.11 | 6.55 |
| Inventory turnover | 0.05 | 0.15 | 0.13 | 0.28 | 0.09 | 0.31 | 0.24 |
| Debtors turnover | 0.48 | 1.24 | 1.03 | 2.53 | 1.00 | 4.21 | 1.92 |
| EPS (₹) | (3.20) | (9.71) | (10.38) | (4.81) | (5.56) | (2.14) | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.22 | 3.42 | 13.13 | 23.52 | 28.30 | 33.85 | 36.01 |
Board of Directors of Parsvnath Developers Limited
Parsvnath Developers has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Jain Also directs: Parsvnath Film City Limited, Meghraj Buildtech LLP, Parsvnath Telecom Private Limited and 2 more | Whole-Time Director | 10 Jul 1999 | 27 Years 3 Months | As last reported |
| Pradeep Kumar Jain Also directs: Unity Parsvnaths LLP, PHD Chamber of Commerce and Industry, Parsvnath Film City Limited and 1 more | Whole-Time Director | 24 Jul 1990 | 36 Years 2 Months | As last reported |
| Subhash Chander Setia Also directs: Jagriti Plastics Limited, Lexnexus Corporate Solutions LLP, Insilco Limited and 3 more | Director | 30 Jun 2021 | 5 Years 3 Months | As last reported |
| Sanjeev Kumar Jain Also directs: Parsvnath Film City Limited | Managing Director | 24 Jul 1990 | 36 Years 2 Months | As last reported |
| Rakshita Shharma Also directs: Parsvnath Infra Limited, Parsvnath Hessa Developers Private Limited, Parsvnath Hotels Limited and 5 more | Director | 30 Jun 2021 | 5 Years 3 Months | As last reported |
| Ramesh Chand Gupta | Director | 29 Mar 2025 | 1 Years 6 Months | As last reported |
Peer Comparison of Parsvnath Developers Limited
Parsvnath Developers Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hinduja Realty Ventures Limited | ₹308.98 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Shrim Bhanu Construction Private Limited | ₹308.94 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| Stellar Ventures Private Limited | ₹308.74 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | New Delhi, Delhi, India |
| Classic Mall Development Company Limited | ₹308.62 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mahalaxmi, Maharashtra, India |
| Salarpuria Real Estates Pvt. Ltd. | ₹308 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Indian City Properties Ltd | ₹303.09 Cr (FY 2023) | •••• | •••• | 698.0% | •••• | Kolkata, West Bengal, India |
| Mahaluxmi Buildtech Limited | ₹302.45 Cr (FY 2024) | •••• | •••• | 225.0% | •••• | New Delhi, Delhi, India |
| Nimbus Projects Limited Listed | ₹302.26 Cr (FY 2025) | •••• | •••• | 147.0% | •••• | New Delhi, Delhi, India |
| Technoculture Building Centre Private Limited | ₹302.25 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Patna, Bihar, India |
| Asset Homes Private Limited | ₹301.7 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kochi, Kerala, India |
| Parsvnath Developers Limited this company | ₹86.78 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Parsvnath Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parsvnath Developers Limited
Parsvnath Developers Limited is audited by T R Chadha & Co. Llp for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T R Chadha & Co. Llp | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Parsvnath Developers Limited
Shareholding for the quarter ended Sep 2026: promoters hold 46.70%, foreign institutional investors hold 1.20%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 52.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 46.70% | 49.90% | 50.10% | 50.10% |
| Public | 53.30% | 50.10% | 49.90% | 49.90% |
Charges & Borrowings of Parsvnath Developers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2025 | Others | ₹429.48 Cr | Open |
| 01 Sep 2020 | Others | ₹50 Cr | Open |
| 27 Aug 2020 | Others | ₹792.62 Cr | Open |
| 26 Jun 2020 | Others | ₹400 Cr | Open |
| 02 Mar 2020 | Others | ₹5 Cr | Open |
Total charge records: 155 View all charges
Deals & Funding of Parsvnath Developers Limited
Parsvnath Developers Limited has 32 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹260.64 Cr; the latest was in March 2026.
Deals on record (5 of 32)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Market trade | ₹2.85 Cr | Buyer: Dnyaneshwar Trading and Investments Private Limited Seller: Capri Global Ventures Private Limited |
| Mar 2026 | Market trade | ₹2.94 Cr | Buyer: Dnyaneshwar Trading and Investments Private Limited Seller: Capri Global Ventures Private Limited |
| Mar 2026 | Market trade | ₹2.02 Cr | Buyer: Dnyaneshwar Trading and Investments Private Limited Seller: Capri Global Ventures Private Limited |
| Dec 2024 | Market trade | ₹30.3 Cr | Buyer: Leading Light Fund Vcc The Triumph Fund, Neo Apex Share Broking Services LLP , Multiplier Share and Stock Advisors Private Limited Seller: Paras Nath And Associates Pvt Ltd, Multiplier Share and Stock Advisors Private Limited |
| Aug 2024 | Market trade | ₹4.45 Cr | Buyer: Basukinath Properties Pvt Ltd |
Full deal history
All 32 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Parsvnath Developers Limited
Parsvnath Developers Limited has 1,249 court cases on record: 261 filed by Parsvnath Developers, 903 filed against it, 85 where it is another party. 218 cases are pending and 1,031 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 888 | 785 | 132 |
| High courts | 305 | 96 | 72 |
| Supreme Court | 37 | 14 | 6 |
| NCLAT | 19 | 8 | 8 |
Cases on record (5 of 1,249)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by Delhi Metro Rail Corporation Limited | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by Aldowin Industries Private Limited | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Urmila Farms LLP | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against Vinu Promoters Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed by the company against Vinu Promoters Private Limited | Pending |
Full case history
All 1,249 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Parsvnath Developers Limited
Parsvnath Developers Limited has 156 MSME Form 1 returns on record between 2008 and 2024, listing 435 overdue payments to 89 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 89)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 156 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Parsvnath Developers Limited
Parsvnath Developers Limited has a workforce of 179 employees as of Feb 12, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Parsvnath Developers Limited
Parsvnath Developers has 19 subsidiary companies and 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Parsvnath Midc Pharma Sez Private Limited | U24239MH2008PTC178174 | - |
| Parsvnath Infra Limited | U45200DL2006PLC154061 | - |
| Parsvnath Hb Projects Private Limited | U45200DL2008PTC175708 | - |
| Snigdha Buildwell Private Limited | U45200DL2008PTC175785 | - |
| Parsvnath Landmark Developers Private Limited | U45201DL2003PTC122489 | - |
| Evergreen Realtors Private Limited | U45201DL2004PTC127961 | - |
Showing major subsidiaries. Total: 19.
Recent Activity on Parsvnath Developers Limited
Parsvnath Developers Limited has 36 board changes on record since 1990: 22 appointments and 14 cessations. The latest: Atul Kumar Gupta was appointed as Company Secretary on 01 Nov 2025.
382 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Parsvnath Developers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parsvnath Developers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parsvnath Developers Limited
Parsvnath Developers has 16 GST registrations: 1 active and 15 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACP0743J1ZS | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parsvnath Developers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Parsvnath Developers Limited
Frequently Asked Questions about Parsvnath Developers Limited
Parsvnath Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Parsvnath Developers is a company under insolvency, formerly operating as a public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 July 1990 and is registered under CIN L45201DL1990PLC040945. Listed on BSE: 532780 and NSE: PARSVNATH. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Parsvnath Developers reported revenue of ₹86.78 Cr for FY 2024-25 (down 70% YoY) based on standalone financials.
Parsvnath Developers has 6 current directors:
- Sanjeev Kumar Jain - Managing Director
- Rajeev Jain - Whole-Time Director
- Pradeep Kumar Jain - Whole-Time Director
- Subhash Chander Setia - Director
- Rakshita Shharma - Director
- Ramesh Chand Gupta - Director
The CIN (Corporate Identification Number) of Parsvnath Developers is L45201DL1990PLC040945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Parsvnath Developers is listed on both BSE (code: 532780) and NSE (symbol: PARSVNATH).
Parsvnath Developers has open charges of ₹2,816.49 Cr and satisfied charges of ₹7,836.74 Cr as per latest MCA filings.
Parsvnath Developers has 1,249 court cases on record: 261 filed by the company and 903 filed against it. 218 are pending. Most are in the district courts.
Parsvnath Developers was incorporated on 24 July 1990. It is registered with the Registrar of Companies, Delhi.
Parsvnath Developers has 32 deals on record (25 market trades, 2 funding rounds, 2 acquisitions), with disclosed funding of ₹260.64 Cr; the latest was in March 2026.
The peers of Parsvnath Developers by revenue are Hinduja Realty Ventures Limited, Shrim Bhanu Construction Private Limited, Stellar Ventures Private Limited, Classic Mall Development Company Limited, Salarpuria Real Estates Pvt. Ltd. and 5 more, all in the Real Estate industry (Builders and Developers).
Atul Kumar Gupta was appointed as Company Secretary on 01 Nov 2025. Mandan Mishra ceased to be Company Secretary on 17 Jul 2025. Deepa Gupta ceased to be Director on 29 Mar 2025. Parsvnath Developers has 36 board changes on record in total.