On 6 Nov 2026, Parshva Enterprises was priced at ₹226.15, or 869.8× trailing earnings, against an industry P/E of 19.6×, and the shares are 15% below their 52-week high. Sales and net profit grew 11% and 6.6% a year over 3 years; its ROCE of 3.8% is the lowest among the 7 largest Luxury Goods peers. Debt is 0.19× equity. It is a small-cap company with a market cap of ₹230 Cr, ranked 40th of 82 Luxury Goods companies by market cap; the shares rose 26% over the past year.
- ₹226.10
- ₹226.25
- ₹226.10
- ₹237.75
- 151
Health check
- ReturnsBehind
+26.1% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 869.8 vs industry 19.6.
- GrowthSlow
Sales +10.6%, profit +6.6% a year over 3 years.
- ProfitabilityWeak
ROCE 3.8% vs peer median 34.2%.
- Balance sheetSolid
Debt 0.19× equity, interest covered 7.5×, Piotroski 7 of 9.
- Red flags2 to check
Return on equity is low at 2.2%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹230 Cr
- Small cap
- P/E
- 869.8
- Industry 19.6
- Price to book
- 20.45
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 2.2%
- Peers 29.3%
- ROCE
- 3.8%
- Peers 34.2%
- Debt to equity
- 0.19
- Debt ₹2.02 Cr
- EPS (TTM)
- ₹0.26
- OPM (TTM)
- 2.1%
- Net margin 1.1%
- Sales growth
- +7.9%
- Latest quarter vs a year ago
- Profit growth
- +17.4%
- Latest quarter vs a year ago
- Price to sales
- 9.03
- EV/EBITDA 370.2
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 2.2%.
- P/E of 869.8 against an industry P/E of 19.6.
About Parshva Enterprises
Parshva Enterprises Limited engages in the sales and trade of gold and diamond jewelry, and cut and polished diamonds in India. The company deals in variety of diamonds, including rough and polished, white loose, GIA and IGI certified, fancy cut, and fancy color. It also sells gold jewelry, such as chains, bangles, necklace, pendles, bracelet, earrings, and other jewelry studded or non-studded with pearls, diamonds, and other precious stones, as well as…
- Headquarters
- Mumbai
- Employees
- 6
- Sector
- Consumer Cyclical
- ISIN
- INE05MV01019
- Website
- parshvaenterprises.co.in
Price range
- Avg volume (3M)
- 117
- 1-year return
- plus 26.1%
- From 52-week high
- minus 14.7%
Peers · Luxury Goods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TITANTitan Company | 5,000.00 | plus 3.42% | 4,43,656 | 63.1 | 24.30 | 38.4% | 37.1% | 11.6% | 29.2% | 16.0% | 0.30% | plus 26.8% |
| KALYANKJILKalyan Jewellers India | 590.75 | plus 5.49% | 61,010 | 42.6 | 9.66 | 26.7% | 24.3% | 6.7% | 36.4% | 46.1% | 0.42% | plus 7.2% |
| LALITHAALalithaa Jewellery Mart | 373.50 | plus 0.50% | 20,905 | 21.9 | 6.37 | 46.1% | 41.6% | 5.7% | 23.4% | 61.8% | 0.00% | plus 50.3% |
| PCJEWELLERPC Jeweller | 15.77 | plus 1.35% | 15,467 | 17.1 | 1.65 | 10.3% | 10.8% | 24.6% | 10.7% | – | 0.00% | plus 29.0% |
| SKYGOLDSKY GOLD AND DIAMONDS | 951.95 | plus 0.31% | 14,743 | 37.3 | 10.49 | 35.9% | 33.0% | 7.5% | 76.0% | 145.4% | 0.00% | plus 164.3% |
| THANGAMAYLThangamayil Jewellery | 4,148.20 | minus 4.32% | 12,893 | 32.9 | 8.57 | 34.2% | 29.3% | 6.5% | 39.2% | 64.0% | 0.43% | plus 42.6% |
| BLUESTONEBlueStone Jewellery and Lifestyle | 710.85 | minus 2.09% | 10,867 | 102.6 | 5.92 | 7.7% | 5.8% | 17.0% | 46.8% | – | 0.00% | plus 2.0% |
| PARSHVAParshva Enterprises | 226.15 | minus 4.88% | 230 | 869.8 | 20.45 | 3.8% | 2.2% | 2.2% | 10.6% | 6.6% | 0.00% | plus 26.1% |
| Median of 7 peers | – | 0.50% | 15,467 | 37.3 | 8.57 | 34.2% | 29.3% | 7.5% | 36.4% | 61.8% | 0.00% | 29.0% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 6.3 | 5.9 | 6.4 | 6.4 | 6.8 | |
| 6.2 | 5.8 | 6.3 | 6.2 | 6.6 | |
| 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | |
| 2.0% | 1.5% | 1.8% | 2.6% | 2.4% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0.1 | 0.1 | |
| – | −0 | – | – | – | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
| 27.7% | 27.1% | 27.1% | 26.9% | 25.7% | |
| 0.1 | 0 | 0.1 | 0.1 | 0.1 | |
| 0.07 | 0.04 | 0.07 | 0.07 | 0.08 |
Profit & loss
- Sales CAGR 3Y
- +10.6%
- Profit CAGR 3Y
- +6.6%
- EPS CAGR 3Y
- +6.0%
- ROE
- 2.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.3 | 25.1 | 24.8 | 24.8 | |
| – | +37.3% | minus 1.4% | minus 0.1% | |
| 17.8 | 24.6 | 24.2 | 24.2 | |
| 0.5 | 0.5 | 0.6 | 0.5 | |
| 2.5% | 2.1% | 2.3% | 2.2% | |
| −0 | −0 | −0 | −0 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | 0.2 | 0.1 | |
| −0 | −0 | −0.1 | −0.1 | |
| 0.3 | 0.3 | 0.3 | 0.4 | |
| 27.7% | 25.4% | 28.6% | 25.9% | |
| 0.2 | 0.3 | 0.2 | 0.3 | |
| – | +19.4% | minus 27.0% | +38.9% | |
| 0.21 | 0.25 | 0.18 | 0.25 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10 | 10.2 | 10.2 | 10.2 | |
| 0.4 | 3.4 | 3.5 | 0.5 | |
| 0.9 | 1 | 0.7 | 0.2 | |
| 0.2 | 2.1 | 2.4 | 2.8 | |
| 11.6 | 16.7 | 16.8 | 13.7 | |
| 0.1 | 0.2 | 0.2 | 0.4 | |
| 0 | 0.1 | 0.1 | 0.1 | |
| 0 | 0.1 | 0 | 0 | |
| 11.4 | 16.3 | 16.5 | 13.2 | |
| 11.6 | 16.7 | 16.8 | 13.7 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.1 | 1.6 | 3.4 | 3 | |
| −0 | −4.2 | −3.4 | −2.5 | |
| −0.1 | 2.7 | −0.1 | −0 | |
| −0 | 0.2 | −0.2 | 0.5 | |
| −0 | −0.1 | −0.1 | −0.2 | |
| 0.1 | 1.5 | 3.2 | 2.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.