PARIN
Parin Enterpris. financials
- Market cap
- ₹764 Cr
- Sector
- Consumer Durables
What Parin Enterpris. does
Parin Enterprises Limited (formerly Parin Furniture Limited) manufactures metal-based furniture out of its Bilayala (Rajkot, Gujarat) plant, with product lines built around institutional segments such as healthcare furniture, education furniture, and waiting/cafe chairs. Its subsidiary Pearl Furniture Private Limited manufactures wooden furniture that is supplied to the parent as a horizontal supply-chain arrangement. The company also holds a subsidiary, Umerin Global Private Limited, which operates a KIA automobile showroom. Products are sold through a network of branch offices across India.
Segments
- Metal furniture manufacturing (Parin Enterprises)
- Wooden furniture (Pearl Furniture Pvt Ltd, subsidiary)
- Automobile showroom (Umerin Global Pvt Ltd, subsidiary)
- Manufacturing units
- 2 (Unit-1 Bilayala, Rajkot – metal furniture; Unit-2 Pearl Furniture Pvt Ltd, subsidiary – wooden furniture)
- Manufacturing floor area
- ~2.25 lacs sq.ft. (Unit-1: 1.25 lacs sq.ft.; Unit-2: 1.00 lacs sq.ft.)
- Branch/office network
- 8 locations (Rajkot HO/factory + Rajkot branch, Mumbai, Ahmedabad, Bangalore, Rajasthan, Delhi, Kolkata, Haryana)
- Subsidiaries
- 2 (Pearl Furniture Pvt Ltd – wooden furniture; Umerin Global Pvt Ltd – KIA automobile showroom)
- Institutional product lines
- Healthcare furniture, education furniture, waiting & cafe chairs
Quarterly results
Q4 FY26: revenue up 13.0%, net profit up 374.1% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 58 | 45 | 34 | 37 +62% | 61 +5% | 37 −19% | 38 +13% |
| EBITDA | 2 | 5 | 4 | 3 | 3 +35% | 11 +103% | 4 +5% | 6 +116% |
| Net profit | 0 | 2 | 1 | 1 | 1 +163% | 4 +83% | 2 +16% | 3 +374% |
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 +45.7% 1Y
1Y: ₹471.55 on 10 Sept 2025 → ₹687.1. High ₹734.4 (27 Jul 2026), low ₹471.55 (10 Sept 2025).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹31 Cr | ₹34 Cr | ₹37 Cr | ₹39 Cr | ₹55 Cr | ₹53 Cr |
| Borrowings | ₹27 Cr | ₹29 Cr | ₹35 Cr | ₹36 Cr | ₹98 Cr | ₹48 Cr |
| Other liabilities | ₹13 Cr | ₹18 Cr | ₹40 Cr | ₹16 Cr | ₹23 Cr | ₹13 Cr |
| Total liabilities | ₹82 Cr | ₹92 Cr | ₹123 Cr | ₹103 Cr | ₹187 Cr | ₹125 Cr |
| Fixed assets | ₹6 Cr | ₹6 Cr | ₹5 Cr | ₹6 Cr | ₹29 Cr | ₹19 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹0 Cr | ₹5 Cr |
| Other assets | ₹72 Cr | ₹83 Cr | ₹114 Cr | ₹93 Cr | ₹157 Cr | ₹102 Cr |
| Total assets | ₹82 Cr | ₹92 Cr | ₹123 Cr | ₹103 Cr | ₹187 Cr | ₹125 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 Mar 2026
Since Mar 2025, promoters trimmed −0.26 pp while FIIs added +0.26 pp. The shareholder count grew 114% to 599.
- Promoters
- 72.8%
- FIIs
- 0.3%
- Public
- 27.0%
Since Mar 2025
- Promoters −0.26 pp
- FIIs +0.26 pp
- Public −0.01 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '20: Promoters 73.0%, Public 27.0%.Mar '21: Promoters 73.0%, Public 27.0%.Sep '21: Promoters 73.0%, Public 27.0%.Mar '22: Promoters 73.0%, Public 27.0%.Sep '22: Promoters 73.0%, Public 27.0%.Mar '23: Promoters 73.0%, Public 27.0%.Sep '23: Promoters 73.0%, Public 27.0%.Mar '24: Promoters 73.0%, Public 27.0%.Sep '24: Promoters 73.0%, Public 27.0%.Mar '25: Promoters 73.0%, Public 27.0%.Sep '25: Promoters 73.0%, FIIs 0.4%, Public 26.6%.Mar '26: Promoters 72.8%, FIIs 0.3%, Public 27.0%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Parin Enterpris. above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Deven Dipesh Nandani | 24.17% | unchanged |
| P P Furniture Private Limited | 12.34% | −0.25 pp |
| Darshil Umeshbhai Nandani | 12.08% | unchanged |
| Parin U Nandani | 12.07% | unchanged |
| Umesh Dhirajlal Nandani | 8.21% | unchanged |
| Hemang Badiani | 6.29% | −0.08 pp |
| Nehaben Umeshkumar Nandani | 3.87% | unchanged |
| Shree Maruti Courier Services Private Limited | 2.10% | unchanged |
| Pooja Parin Nandani | 0.01% | unchanged |
| Mahendra Bhailalbhai Sardhara | — | off the list |
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 the price implies
- 41.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Learn to analyse Parin Enterpris.
Guides on how to read this kind of business and the numbers that matter.