The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Pansari Developers Limited is an India-based integrated construction and real estate development company. The Company is focused primarily on constructing and developing residential and commercial projects in and around Kolkata, West Bengal. Its residential and commercial…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, trading cheap versus its own history — but flagged on governance.
PANSARI DEVELOPERS LTD is scored on the general / industrial framework. It keeps a healthy 17.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.45×) — worth a closer look. Free cash flow is worth about 1.2% of its market value.
Over the last 3 years revenue compounded at 68%/yr and profit at 115%/yr. Book value has grown 8%/yr. Return on equity is a healthy 12.9%. In the latest quarter profit fell 52% versus the prior quarter.
At 26× earnings, the stock sits at the 5th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The forensic screen raises 2 red flags: Only ₹-1.03 of cash per ₹1 profit over 4 years — earnings not converting to cash; 74% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 24.4 | 39.49 | better |
| P/B | 4.22 | 5.74 | better |
| EV/EBITDA | 17.76 | 92.09 | better |
| ROE | 12.9 | 6.31 | better |
| ROCE | 11.83 | 4.01 | better |
| ROA | 4.07 | 1.24 | better |
| Quick Ratio | 0.59 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Man Infra | 20.2 | 1.9 | 9.8% |
| PSP Projects | 35.9 | 2.4 | 6.7% |
| Glass WALL System (I) | 24.2 | 6.0 | 24.6% |
68% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (115% vs 68%) — margin expansion is at work. The latest year saw a +165% swing — check if it's a one-off or structural.
Operating margin has expanded from 11% to 23% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 12% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 10pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (115% vs 110%) — share dilution is eroding per-share value. 110% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 36% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (56% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 35% below earlier ones.
Profit fell 52% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (11% → 23%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 73.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.