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Parin Enterprises Overview

1. Business Overview

Parin Enterprises Ltd. operates in the Household & Personal Products sector in India. Based on its sector classification, the company is involved in the manufacturing, marketing, and distribution of a range of consumer goods used in households and for personal care. Its core business model likely involves product development, manufacturing, branding, and sales through various distribution channels to reach end consumers. The company makes money by selling these household and personal care products to meet daily consumer needs.

2. Key Segments / Revenue Mix

Specific key segments and their revenue contributions for Parin Enterprises Ltd. are not available in the provided information. Typically, companies in this industry might operate across segments such as:

Personal Care (e.g., soaps, shampoos, skincare, oral care)

Home Care (e.g., detergents, cleaners, disinfectants)

Without specific data, it is not possible to detail Parin Enterprises' revenue mix.

3. Industry & Positioning

The Household & Personal Products industry in India is large, diverse, and highly competitive. It is characterized by the presence of numerous players, ranging from large multinational corporations (e.g., Hindustan Unilever, Procter & Gamble) and well-established domestic giants (e.g., Dabur, Godrej Consumer Products) to regional players and smaller, niche brands. The industry benefits from a vast consumer base but also faces challenges of pricing pressure, raw material volatility, and evolving consumer preferences. Without specific market share, product differentiation, or brand recognition details, Parin Enterprises Ltd.'s exact positioning relative to its peers cannot be determined. It could be a regional player, a niche product manufacturer, or a company aiming to expand its footprint in specific sub-segments.

4. Competitive Advantage (Moat)

Without specific information about Parin Enterprises Ltd., it is difficult to identify its particular competitive advantages. In the Household & Personal Products sector, typical moats include:

Brand Loyalty: Strong, trusted brands that command consumer preference.

Distribution Network: Extensive reach across urban and rural markets.

Scale Economies: Cost efficiencies in manufacturing, sourcing, and advertising.

R&D and Innovation: Ability to develop new products or improve existing ones.

Low-Cost Production: Efficient operations leading to competitive pricing.

It is unknown if Parin Enterprises Ltd. possesses any of these durable advantages.

5. Growth Drivers

Key factors that could drive growth for a company in the Household & Personal Products sector in India over the next 3-5 years include:

Rising Disposable Incomes: Increasing consumer spending power, particularly in semi-urban and rural areas.

Urbanization and Changing Lifestyles: Demand for convenience products and premium offerings.

Increased Awareness: Growing focus on hygiene, health, and wellness.

E-commerce Penetration: Expanding reach to consumers through online channels.

Shift from Unorganized to Organized Sector: Consumers opting for branded, quality products.

Product Innovation: Introduction of new and differentiated products to meet evolving consumer needs.

6. Risks

Key business risks for Parin Enterprises Ltd. and companies in this sector include:

Intense Competition: High rivalry from established domestic and international players.

Raw Material Price Volatility: Fluctuations in prices of key inputs can impact profitability.

Changing Consumer Preferences: Difficulty in adapting to rapidly evolving tastes and trends.

Regulatory Changes: New regulations concerning product safety, labeling, or advertising.

Supply Chain Disruptions: Issues in manufacturing or logistics affecting product availability.

Economic Slowdown: Reduced consumer spending on non-essential or premium products.

Counterfeit Products: Threat from look-alike or imitation goods impacting brand reputation and sales.

7. Management & Ownership

No specific information about the promoters, management team's background, or ownership structure of Parin Enterprises Ltd. is available. In India, many companies, especially smaller and mid-cap ones, are typically promoter-led, where founding families or individuals maintain significant control and influence over strategic and operational decisions.

8. Outlook

The outlook for Parin Enterprises Ltd., like other players in the Household & Personal Products sector in India, presents both opportunities and challenges. On the bullish side, India's large and growing consumer base, increasing affluence, and expanding digital economy offer significant potential for growth. Companies that can build strong brands, innovate effectively, and develop robust distribution networks are well-positioned to capitalize on these trends. However, the bearish case highlights intense competition from well-entrenched players, susceptibility to raw material price fluctuations, and the constant need for product differentiation and marketing investment. Parin Enterprises' ability to carve out a sustainable niche, manage costs, and adapt to dynamic market conditions will be crucial for its future performance.

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Parin Enterprises Key Financials

Market Cap ₹742 Cr.

Stock P/E 107.5

P/B 9.9

Current Price ₹667.7

Book Value ₹ 67.5

Face Value 10

52W High ₹725

Dividend Yield 0%

52W Low ₹ 311.7

Parin Enterprises Share Price

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Volume
Price

Parin Enterprises Quarterly Price

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Parin Enterprises Peer Comparison

Parin Enterprises Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Parin Enterprises Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 65 71 67 84 77 81 82 168
Other Income 0 0 1 1 1 1 0 0
Total Income 65 72 68 84 78 82 82 168
Total Expenditure 55 62 58 72 66 72 73 149
Operating Profit 10 10 9 12 11 10 9 19
Interest 3 3 3 4 4 4 4 6
Depreciation 1 1 1 2 2 2 2 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 -0
Profit Before Tax 6 6 5 7 6 5 3 9
Provision for Tax 2 2 2 2 2 1 1 2
Profit After Tax 4 4 4 5 4 3 2 7
Adjustments -0 -0 -0 -0 -0 -0 -0 -1
Profit After Adjustments 4 4 4 5 4 3 2 6
Adjusted Earnings Per Share 4.6 3.7 3.4 4.2 3.7 2.8 2 5.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 105% 30% 20% 0%
Operating Profit CAGR 111% 20% 16% 0%
PAT CAGR 250% 21% 12% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 81% 93% 69% NA%
ROE Average 11% 7% 8% 11%
ROCE Average 11% 9% 10% 12%

Parin Enterprises Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 17 40 44 48 52 56 58 64
Minority's Interest 0 0 0 0 0 0 0 1
Borrowings 15 3 11 13 14 8 9 27
Other Non-Current Liabilities 0 1 1 1 1 1 1 1
Total Current Liabilities 25 21 44 41 46 79 57 95
Total Liabilities 57 65 99 104 114 144 125 187
Fixed Assets 6 5 8 12 11 10 11 30
Other Non-Current Assets 2 3 3 5 2 2 2 3
Total Current Assets 49 55 87 86 100 132 112 153
Total Assets 57 65 99 104 114 144 125 187

Parin Enterprises Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 3 4 3 3 5 1
Cash Flow from Operating Activities 2 5 -4 2 3 -1 4 -12
Cash Flow from Investing Activities -1 -0 -4 -5 -0 -0 -3 -24
Cash Flow from Financing Activities -1 -4 9 3 -4 4 -5 43
Net Cash Inflow / Outflow 0 1 1 -0 -1 3 -4 7
Closing Cash & Cash Equivalent 2 3 4 3 3 5 1 9

Parin Enterprises Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.62 3.67 3.43 4.16 3.71 2.77 2.04 5.66
CEPS(Rs) 5.86 4.42 4.29 5.58 5.52 4.16 3.45 9.96
DPS(Rs) 0 0 0 0 0 0 0 0.2
Book NAV/Share(Rs) 20.62 34.86 38.55 42.97 46.93 49.96 52 56.48
Core EBITDA Margin(%) 14.52 13.01 13.07 14.22 13.37 11.29 10.71 11.01
EBIT Margin(%) 13.73 12.34 12.45 13.02 12.16 10.05 9.02 8.59
Pre Tax Margin(%) 8.66 8.6 8.07 8.48 7.42 5.61 3.72 5.28
PAT Margin (%) 5.81 5.76 5.72 5.54 5.41 3.8 2.77 4.12
Cash Profit Margin (%) 7.33 6.9 7.11 7.4 8.02 5.69 4.69 6.61
ROA(%) 6.64 6.75 4.67 4.58 3.8 2.39 1.69 4.42
ROE(%) 22.53 14.78 9.39 10.27 8.29 5.72 4.01 11.45
ROCE(%) 19.27 16.9 12.74 13.67 10.49 8.49 7.23 11.06
Receivable days 100.11 79.11 119.12 137.79 186.12 232 220.34 94.11
Inventory Days 159.95 166.6 233.21 208.58 228.86 255.56 288.25 166.18
Payable days 64.44 41.6 116.93 129.01 123.87 205.75 208.97 56.45
PER(x) 0 18.65 15.46 12.32 0 35.95 73.75 66.81
Price/Book(x) 0 1.96 1.37 1.19 0 1.99 2.89 6.69
Dividend Yield(%) 0 0 0 0 0 0 0 0.05
EV/Net Sales(x) 0.55 1.3 1.28 1.1 0.62 1.86 2.58 3.02
EV/Core EBITDA(x) 3.61 9.61 9.24 7.39 4.19 15.58 23.58 26.98
Net Sales Growth(%) 0 9.87 -5.9 25.13 -8.79 6.09 0.91 104.63
EBIT Growth(%) 0 -1.31 -4.99 30.82 -14.84 -12.25 -9.45 94.9
PAT Growth(%) 0 8.78 -6.56 21.38 -11 -25.56 -26.26 203.76
EPS Growth(%) 0 -20.58 -6.62 21.4 -10.9 -25.37 -26.23 177.24
Debt/Equity(x) 1.76 0.49 0.71 0.81 0.74 0.83 0.78 1.51
Current Ratio(x) 1.99 2.67 1.99 2.09 2.17 1.67 1.95 1.61
Quick Ratio(x) 0.85 0.9 0.87 0.96 1.11 0.85 0.83 0.68
Interest Cover(x) 2.71 3.3 2.84 2.86 2.57 2.26 1.7 2.59
Total Debt/Mcap(x) 0 0.25 0.52 0.68 0 0.42 0.27 0.23

Parin Enterprises Shareholding Pattern

# Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 73.02 73.02 73.02 73.02 73.02 73.02 73.02 73.02 73.02 72.76
FII 0 0 0 0 0 0 0 0 0.4 0.26
DII 0 0 0 0 0 0 0 0 0 0
Public 26.98 26.98 26.98 26.98 26.98 26.98 26.98 26.98 26.59 26.97
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Parin Enterprises News

Parin Enterprises Pros & Cons

Pros

  • Debtor days have improved from 208.97 to 56.45days.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • Stock is trading at 9.9 times its book value.
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