542694
Parshva Enterpr. financials
- Market cap
- ₹187 Cr
- Sector
- Services
What Parshva Enterpr. does
Parshva Enterprises Limited's main business is the buying and selling of diamonds, with commercial operations having commenced in July 2017. The company also historically operated a jewellery business; its Board has approved a Scheme of Arrangement to demerge this jewellery undertaking into Simandhar Impex Limited, a wholly-owned subsidiary, so the two businesses can be run and grown independently. It operates through two wholly-owned subsidiaries, Parshva Multitrade Limited and Simandhar Impex Limited, out of its corporate office in Mumbai.
Segments
- Diamond trading
- Jewellery
- Wholly-owned subsidiaries
- 2 (Parshva Multitrade Limited, Simandhar Impex Limited)
Quarterly results
Q1 FY27: revenue up 4.1%, net profit up 0.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 6 | 7 | 6 | 6 +2% | 6 −4% | 6 −7% | 6 +4% |
| EBITDA | 0 | 0 | 0 | 0 | 0 +8% | 0 −37% | 0 +9% | 0 +31% |
| Net profit | 0 | 0 | 0 | 0 | 0 +40% | 0 −56% | 0 +250% | 0 +0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −18.7% 1Y
1Y: ₹231.75 on 10 Sept 2025 → ₹188.5. High ₹324.4 (17 Oct 2025), low ₹142 (22 Jan 2026).
Financials, as filed
Revenue grew 10.6% a year over 3 years, FY23 to FY26. Operating margin held at 2.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹18 Cr | ₹25 Cr | ₹25 Cr | ₹25 Cr |
| Operating profit | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Operating margin | 2.4% | 2.1% | 2.4% | 2.0% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net margin | 1.2% | 1.0% | 0.8% | 1.1% |
| Cash from operations | ₹0 Cr | ₹2 Cr | ₹3 Cr | ₹4 Cr |
| Free cash flow | ₹0 Cr | ₹2 Cr | ₹3 Cr | ₹4 Cr |
| ROCE | 3.6% | 3.6% | 3.1% | 3.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹4 Cr | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹4 Cr | ₹1 Cr |
| Borrowings | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Total liabilities | ₹8 Cr | ₹12 Cr | ₹12 Cr | ₹17 Cr | ₹17 Cr | ₹14 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹8 Cr | ₹11 Cr | ₹11 Cr | ₹16 Cr | ₹17 Cr | ₹13 Cr |
| Total assets | ₹8 Cr | ₹12 Cr | ₹12 Cr | ₹17 Cr | ₹17 Cr | ₹14 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +0.28 pp while the public trimmed −0.28 pp. The shareholder count grew 11% to 734.
- Promoters
- 74.9%
- Public
- 25.1%
Since Jun 2025
- Promoters +0.28 pp
- Public −0.28 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.7%, Public 25.3%.Dec '23: Promoters 74.7%, Public 25.3%.Mar '24: Promoters 74.7%, Public 25.3%.Jun '24: Promoters 74.7%, Public 25.3%.Sep '24: Promoters 74.6%, Public 25.4%.Dec '24: Promoters 74.6%, Public 25.4%.Mar '25: Promoters 74.6%, Public 25.4%.Jun '25: Promoters 74.6%, Public 25.4%.Sep '25: Promoters 74.6%, Public 25.4%.Dec '25: Promoters 74.6%, Public 25.4%.Mar '26: Promoters 74.6%, Public 25.4%.Jun '26: Promoters 74.9%, Public 25.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Vora Shares And Stock Broker Llp +0.25 pp 1.55% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Parshva Enterpr. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Prashant Avantilal Vora | 40.39% | unchanged |
| Seemaben Prashantbhai Vora | 15.88% | unchanged |
| Prashantbhai Avantilal Vora (Prashant Vora) | 11.99% | unchanged |
| Digant H Shah | 4.93% | unchanged |
| Shah Parul Hemanshu | 2.16% | unchanged |
| Mauli Digant Shah | 2.16% | unchanged |
| Kinjal Prashant Vora | 1.82% | unchanged |
| Harsh Prashant Vora | 1.77% | unchanged |
| Vora Shares And Stock Broker Llp | 1.55% | +0.25 pp |
| Virti Enterprises Llp | 1.50% | unchanged |
| Harshad Trambaklal Shah | 1.43% | unchanged |
| Pushpaben Lalitkumar Shah | 1.21% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
Growth trapTo justify its price of ₹188, this stock must grow earnings at 93% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹4 — downside of 98%.
- Growth the price implies
- 93.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 5.7% a year
- net profit, FY23–FY26 · EPS 5.7%
- The gap
- 0.9 pp
- -98% downside if it only repeats history
Learn to analyse Parshva Enterpr.
Guides on how to read this kind of business and the numbers that matter.