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Peninsula Land

₹66.3 -1.2 | 1.8%

Market Cap ₹2046 Cr.

Stock P/E 12.5

P/B 10.9

Current Price ₹66.3

Book Value ₹ 6.1

Face Value 2

52W High ₹73

Dividend Yield 0%

52W Low ₹ 17.1

Peninsula Land Research see more...

Overview Inc. Year: 1871Industry: Construction - Real Estate

Peninsula Land Ltd is engaged within the business of real estate improvement. The Company tasks include residential, commercial, and retail ventures. It is engaged inside the improvement of residential complexes under the Ashok logo. Its residential tasks consist of Bishopsgate, Celestia Spaces, Carmichael Residences, Ashok Meadows, Peninsula Heights, Ashok Astoria Ashok Astoria (Plot Sales), Ashok Nirvaan, and Ashok Beleza (Plot A & Others).

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Peninsula Land Share Price

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Peninsula Land Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 168 114 95 310 296 249 145 186 130 143
Other Income 5 3 8 8 17 8 6 2 1 2
Total Income 173 118 104 318 313 256 151 188 130 145
Total Expenditure 141 86 67 278 268 231 114 145 114 103
Operating Profit 32 32 37 40 45 26 38 44 16 42
Interest 23 23 9 21 19 13 7 11 9 9
Depreciation 1 1 1 1 1 1 1 6 1 1
Exceptional Income / Expenses -55 -3 -83 -5 -5 0 27 35 3 0
Profit Before Tax -47 4 -56 14 20 12 57 61 9 33
Provision for Tax 1 1 -3 1 -1 -0 1 -0 -0 -0
Profit After Tax -48 4 -53 13 21 12 56 62 9 33
Adjustments -0 -0 -1 0 0 -2 -3 -1 2 -0
Profit After Adjustments -49 4 -54 13 21 11 53 60 12 32
Adjusted Earnings Per Share -1.7 0.1 -1.9 0.5 0.7 0.4 1.8 2.1 0.4 1

Peninsula Land Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 741 279 167 114 270 498 328 481 264 434 1001 604
Other Income 189 106 136 73 121 57 26 25 11 19 38 11
Total Income 930 385 303 186 390 555 353 507 275 453 1039 614
Total Expenditure 545 228 184 179 168 440 541 739 245 322 889 476
Operating Profit 386 157 119 7 223 114 -187 -232 30 130 150 140
Interest 162 105 141 72 395 389 325 307 180 99 62 36
Depreciation 7 7 11 5 5 5 5 3 2 3 3 9
Exceptional Income / Expenses 0 0 10 0 0 -170 -54 61 109 -138 17 65
Profit Before Tax 217 46 -23 -69 -177 -449 -570 -482 -43 -110 102 160
Provision for Tax 22 3 -11 -23 43 4 28 28 -12 -1 1 1
Profit After Tax 196 42 -12 -46 -220 -453 -598 -509 -31 -109 102 160
Adjustments -0 -1 3 -1 3 4 37 55 0 -1 -5 -2
Profit After Adjustments 195 42 -9 -47 -217 -449 -561 -454 -31 -110 97 157
Adjusted Earnings Per Share 7 1.5 -0.3 -1.7 -7.8 -16.1 -20.1 -16.3 -1.1 -3.9 3.3 5.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 131% 28% 15% 3%
Operating Profit CAGR 15% 0% 6% -9%
PAT CAGR 0% 0% 0% -6%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 256% 113% 57% 6%
ROE Average 0% -52% -86% -42%
ROCE Average 29% 13% 4% 4%

Peninsula Land Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1637 1502 1474 1733 1510 1049 488 35 5 -105 17
Minority's Interest 84 62 133 81 75 96 31 -27 -6 -7 -7
Borrowings 809 851 1430 1479 1430 1784 1555 285 7 0 114
Other Non-Current Liabilities 12 -13 -32 -94 83 103 270 179 10 9 7
Total Current Liabilities 810 925 1176 1028 1360 1907 2336 3584 2250 2047 1075
Total Liabilities 3353 3327 4181 4227 4458 4939 4681 4056 2265 1943 1206
Fixed Assets 260 187 192 507 207 191 181 336 22 22 19
Other Non-Current Assets 867 969 1009 887 978 783 731 395 354 257 228
Total Current Assets 2225 2171 2981 2833 3273 3965 3769 3325 1599 1378 673
Total Assets 3353 3327 4181 4227 4458 4939 4681 4056 2265 1943 1206

Peninsula Land Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 276 167 140 203 38 82 53 47 103 33 30
Cash Flow from Operating Activities 263 -241 -691 -111 -178 343 375 574 189 346 300
Cash Flow from Investing Activities -45 216 142 143 184 4 71 38 38 40 60
Cash Flow from Financing Activities -327 -1 615 -197 38 -390 -452 -556 -213 -389 -376
Net Cash Inflow / Outflow -109 -27 66 -165 44 -43 -7 57 15 -3 -16
Closing Cash & Cash Equivalent 167 140 206 38 82 53 47 103 33 30 14

Peninsula Land Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 7 1.5 -0.31 -1.67 -7.77 -16.07 -20.09 -16.26 -1.1 -3.94 3.3
CEPS(Rs) 7.24 1.75 -0.04 -1.47 -7.69 -16.07 -21.24 -18.11 -1.03 -3.81 3.55
DPS(Rs) 1.5 0.4 0.3 0.2 0 0 0 0 0 0 0
Book NAV/Share(Rs) 58.65 53.8 52.79 62.06 54.07 37.58 17.49 1.25 0.17 -3.78 0.41
Core EBITDA Margin(%) 26.52 18.41 -10.42 -57.74 37.77 11.49 -64.89 -53.48 7.17 25.64 11.17
EBIT Margin(%) 51.13 53.91 70.5 1.98 80.64 -12.08 -74.85 -36.35 51.8 -2.45 16.39
Pre Tax Margin(%) 29.32 16.34 -13.69 -61.07 -65.67 -90.31 -173.87 -100.03 -16.28 -25.39 10.2
PAT Margin (%) 26.39 15.16 -7.02 -40.51 -81.43 -91.08 -182.31 -105.78 -11.8 -25.1 10.15
Cash Profit Margin (%) 27.28 17.5 -0.65 -36.21 -79.58 -90.14 -180.92 -105.06 -10.92 -24.51 10.41
ROA(%) 5.92 1.27 -0.31 -1.09 -5.06 -9.65 -12.43 -11.66 -0.98 -5.17 6.45
ROE(%) 12.41 2.7 -0.79 -2.87 -13.55 -35.43 -77.75 -194.65 -157.34 0 0
ROCE(%) 13.24 5.23 3.64 0.06 5.79 -1.66 -7.92 -7.74 9.49 -1.21 29.4
Receivable days 110.77 249.02 429.92 253.28 53.59 56.16 76.73 20.26 24.58 11.95 3.37
Inventory Days 623.69 1799.12 3821.15 7302.15 3463.61 2277.5 3821.68 2446.92 3086.23 1112.02 329.39
Payable days 111.95 400.42 534.68 784.95 -129.89 -88.92 654.63 191.58 489.77 334.77 82.39
PER(x) 5.22 21.39 0 0 0 0 0 0 0 0 3.65
Price/Book(x) 0.62 0.6 0.53 0.28 0.35 0.54 0.48 1.87 49.86 -2.96 29.59
Dividend Yield(%) 4.11 1.25 1.08 1.16 0 0 0 0 0 0 0
EV/Net Sales(x) 2.63 7.23 15.43 21 9.86 5.81 7.28 3.56 4.76 2.45 0.76
EV/Core EBITDA(x) 5.06 12.85 21.75 334.31 11.95 25.37 -12.76 -7.38 41.7 8.15 5.08
Net Sales Growth(%) 39.25 -62.31 -40.21 -32.04 137.66 84.49 -34.12 46.84 -45.2 64.36 130.81
EBIT Growth(%) 11.74 -60.26 -21.81 -98.09 9567.56 -127.64 -308.07 28.68 178.07 -107.77 1644.26
PAT Growth(%) 29.09 -78.34 -127.69 -291.99 -377.71 -106.36 -31.86 14.8 93.89 -249.57 193.33
EPS Growth(%) 28.99 -78.59 -120.44 -444.38 -366.07 -106.9 -25.01 19.08 93.21 -256.51 183.89
Debt/Equity(x) 0.75 0.93 1.42 1.16 1.5 2.31 4.59 50.31 230.52 -7.4 35.23
Current Ratio(x) 2.75 2.35 2.53 2.75 2.41 2.08 1.61 0.93 0.71 0.67 0.63
Quick Ratio(x) 0.98 0.92 0.69 0.45 0.38 0.27 0.15 0.08 0.08 0.07 0.09
Interest Cover(x) 2.34 1.43 0.84 0.03 0.55 -0.15 -0.76 -0.57 0.76 -0.11 2.65
Total Debt/Mcap(x) 1.2 1.57 2.71 4.19 4.33 4.27 9.64 26.96 4.68 2.5 1.2

Peninsula Land Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 61.61 61.61 61.61 61.61 61.61 63.51 63.51 63.51 65.3 65.3
FII 0 0 0 0 0 0 0.02 0.01 0.01 0.31
DII 2 2 2 1.64 1.64 1.56 1.39 1.05 0.62 0.62
Public 36.38 36.38 36.38 36.74 36.74 34.93 35.08 35.43 34.07 33.78
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 334.77 to 82.39days.

Cons

  • Company has a low return on equity of -52% over the last 3 years.
  • Stock is trading at 10.9 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peninsula Land News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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