PARIN

Parin Furniture Share PriceParin Furniture

₹110.9
3.9 (3.64%)
As on 08 December, 2023 | 22:37 BSE: NSE: PARINISIN: INE00U801010

Parin Furniture Performance

Day Range

  • Low 110.90
  • High 110.90
₹ 110.9

52 Week Range

  • Low 64.60
  • High 110.90
₹ 110.9
  • Open Price110.90
  • Previous Close107.00
  • Volume2000

Start SIP in Parin Furniture

Start SIP

Parin Furniture Share Price

  • Over 1 Month 55.87%
  • Over 3 Month 52.97%
  • Over 6 Month 55.65%
  • Over 1 Year -4.64%

Parin Furniture Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 123
Price to Book Ratio 2.2
EPS 2.4
Dividend 0
Relative Strength Index 78.11
Money Flow Index 68.6
MACD Signal 6.12
Average True Range 3.81

Parin Furniture Investment Rating

  • Master Rating:
  • Parin Furniture has an operating revenue of Rs. 308.37 Cr. on a trailing 12-month basis. An annual revenue growth of 5% is not great, Pre-tax margin of 6% is okay, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 15%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 32% and 40% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 61 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 13 indicates it belongs to a strong industry group of Retail-Home Furnishings and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Parin Furniture Financials
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8176
Operating Expenses Annual Cr 7368
Operating Profit Annual in Cr 77
Depreciation Cr 12
Interest Annual Cr 33
Tax Annual Cr 11
Net Profit Annual Cr 33
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 11
Cash from Investing Activity Annual Cr 0-1
Cash from Financing Annual Activity Cr 3-1
Net Cash Flow Annual Cr 3-1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4845
Fixed Assets Annual Cr 56
Total Non Current Assets Annual Cr 1112
Total Current Assets Annual Cr 11280
Total Assets Annual Cr 12392
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4341
ROE Annual % 66
ROCE Annual % 1212
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 911
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8278
Operating Expenses Annual Cr 7266
Operating Profit Annual in Cr 910
Depreciation Cr 22
Interest Annual Cr 44
Tax Annual Cr 12
Net Profit Annual Cr 34
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -13
Cash from Investing Activity Annual Cr 00
Cash from Financing Annual Activity Cr 4-4
Net Cash Flow Annual Cr 3-1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 5652
Fixed Assets Annual Cr 1011
Total Non Current Assets Annual Cr 1213
Total Current Assets Annual Cr 132100
Total Assets Annual Cr 144114
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5047
ROE Annual % 68
ROCE Annual % 1314
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1215

Parin Furniture Technicals

EMA & SMA

Current Price
₹110.9
3.9 (3.64%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹94.35
  • 50 Day
  • ₹87.15
  • 100 Day
  • ₹82.15
  • 200 Day
  • 20 Day
  • ₹91.98
  • 50 Day
  • ₹81.41
  • 100 Day
  • ₹91.25
  • 200 Day

Parin Furniture Resistance and Support

PIVOT
₹110.9
Resistance
First Resistance 110.90
Second Resistance 110.90
Third Resistance 110.90
RSI 78.11
MFI 68.60
MACD Single Line 6.12
MACD 8.14
Support
First Resistance 110.90
Second Resistance 110.90
Third Resistance 110.90

Parin Furniture Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,000 200,000 100
Week 12,500 1,250,000 100
1 Month 10,105 1,000,017 98.96
6 Month 3,936 391,986 99.59

Parin Furniture Result Highlights

Parin Furniture Synopsis

NSE-Retail-Home Furnishings

Parin Furniture is involved in the business activities of Wholesale of furniture and fixtures. Company’s Total Operating Revenue is Rs. 80.85 Cr. and Equity Capital is Rs. 11.12 Cr. for the Year ended 31/03/2023. Parin Furniture Ltd. is a Public Limited Listed company incorporated on 12/09/2006 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L36101GJ2006PLC049074 and registration number is 049074.
Market Cap 123
Sales 81
Shares in Float 0.30
No of funds
Yield
Book Value 2.57
U/D Vol ratio 2.4
LTDebt / Equity 14
Alpha -0.25
Beta 1.04

Parin Furniture

Owner NameSep-23Mar-23
Promoters 73.02%73.02%
Individual Investors 15.58%17.22%
Others 11.4%9.76%

Parin Furniture Management

Name Designation
Mr. Umesh Dhirajlal Nandani Chairman & Managing Director
Mr. Parin Umeshbhai Nandani Whole Time Director
Mr. Deven Dipesh Nandani Non Executive Director
Ms. Shweta Chirag Kathrani Ind. Non-Executive Director
Mr. Dayalal Harjivanbhai Kesharia Ind. Non-Executive Director
Mr. Pranav Vinodkumar Manek Ind. Non-Executive Director

Parin Furniture Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Parin Furniture Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-05-27 Audited Results
2022-11-14 Quarterly Results
2022-04-28 Audited Results
2021-11-01 Quarterly Results

Parin Furniture FAQs

What is Share Price of Parin Furniture ?

Parin Furniture share price is ₹110 As on 08 December, 2023 | 22:23

What is the Market Cap of Parin Furniture ?

The Market Cap of Parin Furniture is ₹123.3 Cr As on 08 December, 2023 | 22:23

What is the P/E ratio of Parin Furniture ?

The P/E ratio of Parin Furniture is As on 08 December, 2023 | 22:23

What is the PB ratio of Parin Furniture ?

The PB ratio of Parin Furniture is 2.2 As on 08 December, 2023 | 22:23

Q2FY23