Parin Enterprises (PARIN) had a P/E of 118.8× on 6 Nov 2026, above the industry P/E of 30.6×, and the shares are 16% below their 52-week high. Its ROCE of 16% is the highest among the 7 largest Furnishings, Fixtures & Appliances peers, and sales and net profit grew 45% and 27% a year over 3 years. Debt is 1.26× equity. It is a small-cap company with a market cap of ₹741 Cr, ranked 28th of 54 Furnishings, Fixtures & Appliances companies by market cap; the shares rose 23% over the past year.
- ₹660.20
- ₹679.95
- ₹660.00
- ₹662.10
- 5K
Health check
- ReturnsAhead
+22.6% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 118.8 vs industry 30.6.
- GrowthStrong
Sales +45.0%, profit +26.9% a year over 3 years.
- ProfitabilityAverage
ROCE 16.2% vs peer median 9.0%.
- Balance sheetFair
Debt 1.26× equity, interest covered 2.5×, Piotroski 5 of 9.
- Red flags2 to check
P/E of 118.8 against an industry P/E of 30.6.
Small cap
Defensive
Key metrics
- Market cap
- ₹741 Cr
- Small cap
- P/E
- 118.8
- Industry 30.6
- Price to book
- 9.55
- Peers 4.21
- Dividend yield
- 0.00%
- ROE
- 9.7%
- Peers 5.8%
- ROCE
- 16.2%
- Peers 9.0%
- Debt to equity
- 1.26
- Debt ₹101 Cr
- EPS (TTM)
- ₹5.61
- Face value ₹10
- OPM (TTM)
- 12.7%
- Net margin 2.3%
- Sales growth
- +57.2%
- Latest quarter vs a year ago
- Profit growth
- +533.9%
- Latest quarter vs a year ago
- Price to sales
- 2.69
- EV/EBITDA 38.1
Strengths and risks
Strengths
- Quarterly profit up 533.9% on a year ago.
- Quarterly sales up 57.2% on a year ago.
Risks to check
- P/E of 118.8 against an industry P/E of 30.6.
- Promoter stake down from 73.0% to 71.0%.
About Parin Enterprises
Parin Enterprises Limited engages in the manufacture, supply, and trade of furniture and lifestyle products in India. It offers health care furniture, such as accessories, general ward care and gynaec solutions, over bed/cardiac table, patient examination solution, saline stand, smart patient transfer solutions, stools, wheelchairs, ICU full and semi motorized beds, ICU manual beds, and trolleys; educational furniture, including school benches; and…
- Headquarters
- Rajkot
- Sector
- Consumer Cyclical
- ISIN
- INE00U801010
- Website
- parinfurniture.com
Price range
- Avg volume (3M)
- 13K
- 1-year return
- plus 22.6%
- From 52-week high
- minus 15.5%
Peers · Furnishings, Fixtures & Appliances
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VOLTASVoltas | 1,099.00 | minus 1.47% | 36,364 | 77.8 | 5.39 | 9.3% | 5.8% | 4.9% | 14.5% | 40.7% | 0.36% | minus 17.9% |
| AMBERAmber Enterprises India | 6,403.00 | minus 2.76% | 22,582 | 236.1 | 5.15 | 7.2% | 5.3% | 7.2% | 20.7% | 4.2% | 0.00% | minus 15.5% |
| CROMPTONCrompton Greaves Consumer Electricals | 215.66 | plus 4.42% | 13,887 | – | 4.59 | −1.5% | −4.4% | 10.3% | 5.6% | – | 1.39% | minus 27.1% |
| WHIRLPOOLWhirlpool of India | 826.70 | plus 0.44% | 10,493 | 41.8 | 2.52 | 9.0% | 7.2% | 6.2% | 6.4% | 10.3% | 0.60% | minus 40.1% |
| TTKPRESTIGTTK Prestige | 608.75 | plus 10.47% | 8,338 | 43.1 | 4.21 | 10.8% | 8.3% | 8.8% | 2.3% | −14.2% | 1.23% | minus 17.6% |
| CELLOCello World | 363.75 | minus 2.27% | 8,204 | 26.4 | 2.91 | 16.1% | 13.0% | 19.9% | 9.2% | 7.6% | 0.41% | minus 41.6% |
| EUREKAFORBEureka Forbes | 366.20 | plus 4.27% | 7,092 | 37.1 | 1.54 | 4.0% | 3.6% | 11.5% | 9.0% | 83.1% | 0.00% | minus 35.1% |
| PARINParin Enterprises | 666.55 | plus 0.67% | 741 | 118.8 | 9.55 | 16.2% | 9.7% | 12.7% | 45.0% | 26.9% | 0.00% | plus 22.6% |
| Median of 7 peers | – | 0.44% | 10,493 | 42.5 | 4.21 | 9.0% | 5.8% | 8.8% | 9.0% | 8.9% | 0.41% | −27.1% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +45.0%
- Profit CAGR 3Y
- +26.9%
- ROE
- 9.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 81.2 | 81.9 | 168 | 248 | |
| – | +0.9% | +104.6% | +47.7% | |
| 71.9 | 73.1 | 148 | 226 | |
| 9.3 | 8.9 | 19.3 | 21.6 | |
| 11.5% | 10.8% | 11.5% | 8.7% | |
| −0.3 | −0.6 | −0.3 | 0.3 | |
| 3.2 | 3.7 | 5.1 | 6.6 | |
| 1.5 | 1.6 | 4.2 | 4.8 | |
| 0.3 | – | −0.9 | −0.4 | |
| 4.6 | 3.1 | 8.9 | 10.2 | |
| 32.4% | 25.5% | 22.0% | 28.1% | |
| 3.1 | 2.3 | 6.3 | 6.3 | |
| – | minus 26.2% | +177.2% | 0.0% | |
| 2.77 | 2.04 | 5.66 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.1 | 11.1 | 11.1 | 11.2 | |
| 44.4 | 46.7 | 52.8 | 64 | |
| 46 | 45.3 | 94.6 | 91 | |
| 42.4 | 22.1 | 28.9 | 28.4 | |
| 144 | 125 | 187 | 195 | |
| 9.8 | 10.8 | 29.9 | 29.3 | |
| 0.6 | 0.6 | 6.1 | 8 | |
| 5.3 | 1.4 | 9.3 | 2 | |
| 128 | 112 | 142 | 155 | |
| 144 | 125 | 187 | 195 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.7 | 3.6 | −12.5 | 2.6 | |
| −0.1 | −2.5 | −23.6 | −3.5 | |
| 3.6 | −5 | 43.5 | −5.8 | |
| 2.8 | −4 | 7.4 | −6.8 | |
| −0.3 | −2.6 | −23.2 | −4.2 | |
| −1 | 1 | −35.7 | −1.7 |
Shareholding pattern
- Promoters71.01%
- Public28.99%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 71.01% | 28.99% | minus 1.75 | |
| 31 Mar 2026 | 72.76% | 27.24% | minus 0.26 | |
| 30 Sep 2025 | 73.02% | 26.98% | 0.00 | |
| 31 Mar 2025 | 73.02% | 26.98% | 0.00 | |
| 30 Sep 2024 | 73.02% | 26.98% | – |
Major shareholders
Filings & events
News
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