Parin Enterprises Ltd (PARIN) — share price & stock analysis
Profits have nearly tripled in two years, the market has pre-paid for the next leg, leaving little room for error.
Parin Enterprises Ltd (PARIN) trades at ₹722 as of 24 June 2026, up 112% over the past year — beating NIFTY 500 for 53 weeks. The machine reads this as steady growth, richly priced: profits have nearly tripled in two years, the market has pre-paid for the next leg, leaving little room for error. It trades at a P/E of 123× (the 81st percentile of its own range); the price is in Stage 2 — advancing, 134 weeks in; the business cycle reads DEEP CYCLICAL / EXPANSION. Fundamentals-momentum score: 44/100 (mixed).
Data as of 24 June 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹803 Cr
- P/E
- 123×
- ROE
- 9.4%
- vs own 10-yr valuation
- 81st pctile
- Book value / share
- ₹67.6
- EPS (TTM)
- ₹5.85
- 10-yr median P/E
- 57.5×
- Revenue (FY26)
- ₹248 Cr
- Profit after tax (FY26)
- ₹7 Cr
- Weinstein stage
- Stage 2 (134 weeks)
- Data as of
- 24 June 2026
Profits swing violently in this business — margins swinging 13 points peak to trough. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.net_profit
Where the clock stands now: earnings sit at 100% of their historical range, margins are mid-band, and the market pays the expensive end of its range (81st percentile). That reads as EXPANSION — the comfortable middle — the easy money off the bottom is made; from here the story has to keep delivering.net_profit
2 of the 5 things we track are currently moving the right way — some things working, some not.
Where the levels actually stand: ROCE 11% — weak; real debt (1.21× equity); margins mid-band. Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.
The market has pre-paid for growth that hasn’t arrived yet
Since Dec 2019, the stock is up 917% while earnings per share grew 70%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps
That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.
Today’s P/E of 123× means the market is paying up — this is the expensive end of its own history since 2019 (81st percentile).pe_ratio
Data: Price, EPS and valuation (sampled — full series in the embedded dataset)
| Period | Price (₹) | EPS (TTM) (₹) | P/E (×) |
|---|---|---|---|
| Dec 19 | 66.5 | – | 18.0 |
| Jan 20 | 59.8 | – | 16.2 |
| Mar 20 | 53.0 | – | 14.4 |
| Aug 20 | 71.0 | 3.4 | 20.6 |
| Dec 20 | 70.0 | 4.8 | 14.6 |
| Feb 21 | 60.0 | 4.8 | 12.5 |
| May 21 | 45.0 | 4.8 | 9.4 |
| Jun 21 | 47.0 | 4.8 | 9.8 |
| Jul 21 | 46.1 | 4.2 | 11.1 |
| Oct 21 | 53.1 | – | 12.9 |
| Dec 21 | 79.0 | – | 38.2 |
| Feb 22 | 90.0 | – | 43.5 |
| Apr 22 | 109 | – | 52.8 |
| May 22 | 143 | 3.7 | 38.4 |
| Sep 22 | 116 | 3.7 | 31.4 |
| May 23 | 76.9 | – | 20.7 |
| Jun 23 | 81.8 | 2.8 | 29.5 |
| Jun 23 | 77.5 | 2.8 | 28.0 |
| Aug 23 | 72.5 | 2.8 | 26.2 |
| Sep 23 | 71.0 | – | 27.2 |
| Nov 23 | 77.7 | 3.9 | 20.1 |
| Dec 23 | 111 | 3.9 | 28.7 |
| Jan 24 | 115 | 3.9 | 29.7 |
| Feb 24 | 129 | – | 33.4 |
| Mar 24 | 139 | – | 36.1 |
| Mar 24 | 151 | – | 39.0 |
| Apr 24 | 147 | – | 38.1 |
| May 24 | 185 | 2.0 | 90.7 |
| Jun 24 | 209 | 2.0 | 102.5 |
| Jul 24 | 210 | 2.0 | 103.1 |
| Aug 24 | 285 | 2.0 | 139.7 |
| Sep 24 | 305 | 2.0 | 149.5 |
| Oct 24 | 338 | – | 165.4 |
| Nov 24 | 375 | – | 183.8 |
| Dec 24 | 399 | – | 234.7 |
| Jan 25 | 383 | – | 225.3 |
| Feb 25 | 360 | – | 211.8 |
| Feb 25 | 378 | – | 222.3 |
| Apr 25 | 375 | – | 220.6 |
| Apr 25 | 364 | – | 214.1 |
| May 25 | 361 | – | 58.3 |
| Jun 25 | 341 | 6.2 | 55.0 |
| Jul 25 | 371 | 6.2 | 59.8 |
| Aug 25 | 422 | 6.2 | 68.0 |
| Sep 25 | 505 | 6.2 | 81.2 |
| Oct 25 | 535 | 6.2 | 85.9 |
| Nov 25 | 588 | – | 77.9 |
| Dec 25 | 589 | – | 78.0 |
| Jan 26 | 582 | – | 77.0 |
| Feb 26 | 649 | – | 86.0 |
| Feb 26 | 712 | – | 94.3 |
| Mar 26 | 575 | – | 76.2 |
| Apr 26 | 634 | 5.9 | 84.0 |
| Apr 26 | 629 | 5.9 | 107.5 |
| May 26 | 685 | 5.9 | 117.2 |
| Jun 26 | 729 | 5.9 | 124.7 |
| Jun 26 | 722 | 5.9 | 123.4 |
Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots (the window starts at the first stable snapshot — earlier IPO-era share-count revisions are excluded, since they are not earnings events); between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (57.5×).
An uptrend that has held for 134 weeks
STAGE 2 · ADVANCING · 134 WEEKSEvery stock cycles through the same four seasons — a flat base (stage 1), an advance (2), a top (3), a decline (4). Right now this one is in Stage 2: advancing, 134 weeks in, confirmed.stage
The price sits above its rising 200-day average (₹599 today) and its strength against the index is still improving — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200
Beating NIFTY 500 for 53 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage (sampled — full series in the embedded dataset)
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Oct 18 | 65.7 | 64.9 | 65.0 | 4 |
| Nov 18 | 63.7 | 64.8 | 64.5 | 1 |
| Feb 19 | 70.0 | 65.1 | 65.6 | 1 |
| Apr 19 | 70.3 | 65.4 | 66.7 | 2 |
| Jun 19 | 70.7 | 65.5 | 66.7 | 2 |
| Aug 19 | 64.0 | 65.5 | 66.3 | 3 |
| Jan 20 | 63.5 | 65.1 | 64.3 | 4 |
| Apr 20 | 60.0 | 63.5 | 59.2 | 4 |
| Dec 20 | 70.0 | 63.9 | 62.2 | 4 |
| Feb 21 | 60.0 | 64.1 | 63.2 | 1 |
| May 21 | 49.5 | 63.1 | 59.8 | 4 |
| Jul 21 | 52.5 | 62.2 | 57.3 | 4 |
| Dec 21 | 71.0 | 61.8 | 57.5 | 4 |
| Feb 22 | 90.0 | 64.2 | 67.5 | 2 |
| May 22 | 150 | 72.1 | 93.0 | 2 |
| Jan 23 | 111 | 75.2 | 99.9 | 2 |
| May 23 | 89.0 | 77.3 | 93.3 | 2 |
| Jul 23 | 80.5 | 77.2 | 85.2 | 2 |
| Sep 23 | 72.5 | 77.0 | 81.5 | 3 |
| Nov 23 | 92.0 | 76.8 | 79.2 | 3 |
| Dec 23 | 112 | 82.7 | 95.5 | 2 |
| Feb 24 | 134 | 91.1 | 112 | 2 |
| Mar 24 | 140 | 102 | 128 | 2 |
| May 24 | 158 | 108 | 137 | 2 |
| Jun 24 | 210 | 126 | 173 | 2 |
| Jul 24 | 258 | 147 | 204 | 2 |
| Sep 24 | 310 | 173 | 253 | 2 |
| Oct 24 | 349 | 206 | 301 | 2 |
| Nov 24 | 388 | 232 | 337 | 2 |
| Jan 25 | 380 | 260 | 365 | 2 |
| Feb 25 | 380 | 279 | 367 | 2 |
| Apr 25 | 367 | 291 | 371 | 2 |
| May 25 | 383 | 307 | 375 | 2 |
| Jul 25 | 324 | 318 | 358 | 2 |
| Aug 25 | 410 | 332 | 373 | 2 |
| Sep 25 | 505 | 367 | 444 | 2 |
| Nov 25 | 562 | 407 | 509 | 2 |
| Dec 25 | 575 | 451 | 564 | 2 |
| Jan 26 | 629 | 484 | 589 | 2 |
| Mar 26 | 673 | 536 | 662 | 2 |
| Apr 26 | 656 | 556 | 639 | 2 |
| May 26 | 685 | 576 | 650 | 2 |
| Jun 26 | 714 | 595 | 678 | 2 |
| Jun 26 | 722 | 599 | 683 | 2 |
Profits are at an all-time high
Over 12 years, sales went from ₹16.0 Cr to ₹248 Cr (about 26% a year), and profit from ₹0.0 Cr to ₹7.0 Cr.revenuenet_profit
Margins widened 5.7 points along the way — growth with improving economics.operating_profit
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY12 | 16 |
| FY13 | 28 |
| FY16 | 61 |
| FY17 | 58 |
| FY18 | 65 |
| FY19 | 71 |
| FY20 | 67 |
| FY21 | 84 |
| FY22 | 77 |
| FY23 | 81 |
| FY24 | 82 |
| FY25 | 168 |
| FY26 | 248 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY12 | 0 |
| FY13 | 0 |
| FY16 | 1 |
| FY17 | 1 |
| FY18 | 4 |
| FY19 | 4 |
| FY20 | 4 |
| FY21 | 5 |
| FY22 | 4 |
| FY23 | 3 |
| FY24 | 2 |
| FY25 | 7 |
| FY26 | 7 |
Data: OPM % by year
| Period | OPM % (%) |
|---|---|
| FY12 | 2.8 |
| FY13 | 2.5 |
| FY16 | 7.9 |
| FY17 | 7.4 |
| FY18 | 15.4 |
| FY19 | 12.7 |
| FY20 | 13.4 |
| FY21 | 14.3 |
| FY22 | 13.0 |
| FY23 | 11.1 |
| FY24 | 11.0 |
| FY25 | 11.3 |
| FY26 | 8.5 |
Sales have gone quiet — growth has stalled
Mar 26 sales were ₹139 Cr, up 6% on the same quarter last year.revenue
Data: Quarterly sales
| Period | Revenue (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 20 | 42.0 | – |
| Mar 21 | 42.0 | – |
| Sep 21 | 23.0 | -45.2 |
| Mar 22 | 53.0 | 26.2 |
| Sep 22 | 22.0 | -4.3 |
| Mar 23 | 59.0 | 11.3 |
| Sep 23 | 48.0 | 118.2 |
| Mar 24 | 34.0 | -42.4 |
| Sep 24 | 37.0 | -22.9 |
| Mar 25 | 131 | 285.3 |
| Sep 25 | 109 | 194.6 |
| Mar 26 | 139 | 6.1 |
Margins are compressing — 12% → 9% in a year
Of every ₹100 of sales, the company keeps ₹8.8 as operating profit (a year ago it kept ₹11.6).opm_pct
The gross margin moved the same way (26% → 21%), so this is about input costs and pricing power — the raw-material equation worsened.gpm_pctopm_pct
Data: Three margins, quarterly
| Period | Gross (%) | Operating (%) | Net (%) |
|---|---|---|---|
| Sep 20 | 37.6 | 13.2 | 6.2 |
| Mar 21 | 49.5 | 15.2 | 4.9 |
| Sep 21 | 52.0 | 5.8 | 1.1 |
| Mar 22 | 41.4 | 16.1 | 7.3 |
| Sep 22 | 54.2 | 11.9 | 1.2 |
| Mar 23 | 36.8 | 11.1 | 4.8 |
| Sep 23 | 40.6 | 9.6 | 3.1 |
| Mar 24 | 43.1 | 12.2 | 2.3 |
| Sep 24 | 40.9 | 10.8 | 3.0 |
| Mar 25 | 26.4 | 11.6 | 5.0 |
| Sep 25 | 22.0 | 8.5 | 2.9 |
| Mar 26 | 20.8 | 8.8 | 3.2 |
Profit fell hard 33% — mostly from keeping more of each sale
Mar 26 profit after tax was ₹4.0 Cr, down 33% year on year.net_profit
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 20 | 3.0 | – |
| Mar 21 | 2.0 | – |
| Sep 21 | 0.0 | -100.0 |
| Mar 22 | 4.0 | 100.0 |
| Sep 22 | 0.0 | – |
| Mar 23 | 3.0 | -25.0 |
| Sep 23 | 1.0 | – |
| Mar 24 | 1.0 | -66.7 |
| Sep 24 | 1.0 | 0.0 |
| Mar 25 | 6.0 | 500.0 |
| Sep 25 | 3.0 | 200.0 |
| Mar 26 | 4.0 | -33.3 |
The single biggest driver was margins giving way.
Data: Where the profit change came from (Mar 25 → Mar 26)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Mar 25 | 6 |
| More sales | +1 |
| Thinner margins | −4 |
| Other income | +2 |
| Interest | −1 |
| PAT Mar 26 | 4 |
Profits on paper, cash lagging behind
Over the last 5 profitable years, the business reported ₹23.0 Cr of profit and collected ₹−3.0 Cr of operating cash — about -13% conversion.operating_cash_flownet_profit
The wrinkle is the latest year: FY26 collected ₹3.0 Cr against ₹7.0 Cr of reported profit — about 43%. One year isn’t a trend, but it is the line to watch.operating_cash_flownet_profit
Data: Cash collected vs profit reported (annual)
| Period | Operating cash flow (₹ Cr) | Profit after tax (₹ Cr) |
|---|---|---|
| FY12 | 0.0 | 0.0 |
| FY13 | 0.0 | 0.0 |
| FY16 | -9.0 | 1.0 |
| FY17 | 0.0 | 1.0 |
| FY18 | 2.0 | 4.0 |
| FY19 | 5.0 | 4.0 |
| FY20 | -4.0 | 4.0 |
| FY21 | 2.0 | 5.0 |
| FY22 | 3.0 | 4.0 |
| FY23 | -1.0 | 3.0 |
| FY24 | 4.0 | 2.0 |
| FY25 | -12.0 | 7.0 |
| FY26 | 3.0 | 7.0 |
The cash cycle is tightening — money comes home faster
One rupee now takes about 208 days to go out the door as materials and come back as collected cash — down from 312 days the year before.cash_conversion_cycle
The biggest mover: inventory moving faster off the shelf (272 → 163 days).inventory_days
Data: Days of cash locked up (annual)
| Period | Customers owe (debtor days) (days) | Stock on shelf (inventory days) (days) | We owe suppliers (payable days) (days) |
|---|---|---|---|
| FY12 | 52.1 | – | – |
| FY13 | 60.4 | – | – |
| FY16 | 103 | 154 | 54.1 |
| FY17 | 111 | 187 | 53.3 |
| FY18 | 100 | 445 | 112 |
| FY19 | 67.0 | 509 | 47.0 |
| FY20 | 167 | 1,846 | 799 |
| FY21 | 142 | 361 | 94.0 |
| FY22 | 216 | 425 | 142 |
| FY23 | 260 | 496 | 285 |
| FY24 | 183 | 494 | 135 |
| FY25 | 99.0 | 272 | 58.0 |
| FY26 | 75.0 | 163 | 30.0 |
The asset base keeps compounding — this company builds
The productive asset base has gone from ₹1.0 Cr (FY12) to ₹29.0 Cr.fixed_assetscwip
The build is bigger than the cash engine: investing outflows (₹31.0 Cr) exceeded operating cash (₹−5.0 Cr) over the last 3 years — the difference comes from debt or shareholders.investing_cash_flowoperating_cash_flow
Data: Assets in place vs under construction (annual)
| Period | Fixed assets (₹ Cr) | Under construction (CWIP) (₹ Cr) |
|---|---|---|
| FY12 | 1.0 | 0.0 |
| FY13 | 1.0 | 0.0 |
| FY16 | 2.0 | 0.0 |
| FY17 | 2.0 | 0.0 |
| FY18 | 6.0 | 0.0 |
| FY19 | 5.0 | 0.0 |
| FY20 | 8.0 | 0.0 |
| FY21 | 13.0 | 0.0 |
| FY22 | 11.0 | 0.0 |
| FY23 | 10.0 | 0.0 |
| FY24 | 11.0 | 0.0 |
| FY25 | 30.0 | 0.0 |
| FY26 | 29.0 | 0.0 |
Carrying real debt
For every ₹100 shareholders have put in (and left in), the company has borrowed ₹121 — total borrowings have grown from ₹4.0 Cr to ₹91.0 Cr over the window.borrowings
Data: Total borrowings (annual)
| Period | Borrowings (₹ Cr) |
|---|---|
| FY12 | 4.0 |
| FY13 | 8.0 |
| FY16 | 26.0 |
| FY17 | 29.0 |
| FY18 | 29.0 |
| FY19 | 19.0 |
| FY20 | 31.0 |
| FY21 | 39.0 |
| FY22 | 39.0 |
| FY23 | 46.0 |
| FY24 | 45.0 |
| FY25 | 95.0 |
| FY26 | 91.0 |
Data: Debt vs shareholders’ money (annual)
| Period | Debt ÷ equity (x) |
|---|---|
| FY12 | 2.0 |
| FY13 | 3.1 |
| FY16 | 6.0 |
| FY17 | 5.2 |
| FY18 | 1.7 |
| FY19 | 0.5 |
| FY20 | 0.7 |
| FY21 | 0.8 |
| FY22 | 0.8 |
| FY23 | 0.8 |
| FY24 | 0.8 |
| FY25 | 1.5 |
| FY26 | 1.2 |
Every ₹100 kept in the business earns just ₹11
Return on capital employed is 11.0% (a year ago: 12.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct
Data: Returns on capital (annual)
| Period | ROCE (%) |
|---|---|
| FY12 | 7.7 |
| FY13 | 8.5 |
| FY16 | 8.5 |
| FY17 | 15.2 |
| FY18 | 17.3 |
| FY19 | 17.0 |
| FY20 | 12.0 |
| FY21 | 13.0 |
| FY22 | 10.0 |
| FY23 | 8.0 |
| FY24 | 7.0 |
| FY25 | 12.0 |
| FY26 | 11.0 |
The owners aren’t moving
Promoters hold 72.8%, essentially unchanged. Foreign funds own 0.3%, domestic funds null%.promoters_pctfiis_pctdiis_pct
Data: Who holds the shares, quarterly
| Period | Promoters (%) | Foreign funds (%) |
|---|---|---|
| Sep 20 | 73.0 | 0.0 |
| Mar 21 | 73.0 | 0.0 |
| Sep 21 | 73.0 | 0.0 |
| Mar 22 | 73.0 | 0.0 |
| Sep 22 | 73.0 | 0.0 |
| Mar 23 | 73.0 | 0.0 |
| Sep 23 | 73.0 | 0.0 |
| Mar 24 | 73.0 | 0.0 |
| Sep 24 | 73.0 | 0.0 |
| Mar 25 | 73.0 | 0.0 |
| Sep 25 | 73.0 | 0.4 |
| Mar 26 | 72.8 | 0.3 |
- Promoters are not selling. Their stake has moved 0.3 points or less in 8 quarters — it sits at 72.8%.promoters_pct
- Sales are NOT driving the profit move — revenue grew just 6.1% while profit moved much more. This is a margin-and-recovery story, which has a shorter runway than a volume story.revenuenet_profit
Not yet — the numbers don’t support the price
The numbers say be careful, and the price already assumes the good news continues.
Best thing in the data: cash generation rising (₹−12.0 Cr → ₹3.0 Cr).operating_cash_flow
Biggest worry: profit falling (₹6.0 Cr → ₹4.0 Cr).net_profit
One dissent worth hearing: our technicals lens reads positive — “bullish MA stacking (Price > DMA50 > DMA200). overbought (z-score: 2.69)”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Parin Enterprises Ltd do?
Incorporated in 1983, Parin Enterprises Ltd is in the business of manufacturing and selling different categories of furniture[1]. It is listed in the Miscellaneous sector with a market capitalisation of ₹803 Cr.
What is Parin Enterprises Ltd's share price?
As of 24 June 2026, Parin Enterprises Ltd trades at ₹722, up 112% over the past year, with a market capitalisation of ₹803 Cr. Beating NIFTY 500 for 53 weeks. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Parin Enterprises Ltd's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Parin Enterprises Ltd's intrinsic value at ₹198 per share under base assumptions (bear ₹84.0, bull ₹198), against the current price of ₹722 — a 72% premium to model value. The current price already implies roughly 30% annual earnings growth. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
Is Parin Enterprises Ltd stock overvalued or undervalued?
Parin Enterprises Ltd trades at a P/E of 123× — the 81st percentile of its own 6.5-year trading range (median 57.5×), which is near the top of its own historical range. The market has pre-paid for growth that hasn’t arrived yet. Since Dec 2019, the stock is up 917% while earnings per share grew 70%. The difference is re-rating — investors paying more for the same rupee of profit.
What did Parin Enterprises Ltd report in its latest quarterly results?
In its most recent reported quarter (Q4 FY26, quarter ended March 2026): Mar 26 sales were ₹139 Cr, up 6% on the same quarter last year. Mar 26 profit after tax was ₹4.0 Cr, down 33% year on year. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Parin Enterprises Ltd growing?
Sales have gone quiet — growth has stalled. Mar 26 sales were ₹139 Cr, up 6% on the same quarter last year.
Are Parin Enterprises Ltd's profits growing?
Profit fell hard 33% — mostly from keeping more of each sale. Mar 26 profit after tax was ₹4.0 Cr, down 33% year on year.
What are Parin Enterprises Ltd's operating margins?
Margins are compressing — 12% → 9% in a year. In the most recent quarter, of every ₹100 of sales, the company keeps ₹8.8 as operating profit (a year ago it kept ₹11.6).
What is Parin Enterprises Ltd's long-term growth record?
Revenue grew from ₹16 Cr in FY12 to ₹248 Cr in FY26 — a 25.7% compound annual growth rate over 12 years.
Is Parin Enterprises Ltd stock in an uptrend?
An uptrend that has held for 134 weeks. Parin Enterprises Ltd is in Stage 2 — advancing, 134 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Why is Parin Enterprises Ltd stock rising?
The price is up 112% over the past year, in a confirmed Stage 2 uptrend (134 weeks), and has beaten NIFTY 500 for 53 weeks. Since 2019, the price is up 917% while earnings per share moved 70%.
Is Parin Enterprises Ltd beating the NIFTY 500?
Yes — beating NIFTY 500 for 53 weeks, as of 24 June 2026. Relative strength is measured weekly against the NIFTY 500 (Mansfield RS): a positive reading means the stock has outperformed the index over the trailing window, week after week.
Where is Parin Enterprises Ltd in its business cycle?
The data reads Parin Enterprises Ltd as a deep cyclical business currently in its expansion phase — earnings at an all-time high for this company, valuation at the 81st percentile. Profits swing violently in this business — margins swinging 13 points peak to trough. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.
Does Parin Enterprises Ltd have too much debt?
Carrying real debt. For every ₹100 shareholders have put in (and left in), the company has borrowed ₹121 — total borrowings have grown from ₹4.0 Cr to ₹91.0 Cr over the window.
What is the bull case for Parin Enterprises Ltd?
Profits have nearly tripled in two years, the market has pre-paid for the next leg, leaving little room for error. Best thing in the data: cash generation rising (₹−12.0 Cr → ₹3.0 Cr). Sales have gone quiet — growth has stalled.
What is the bear case for Parin Enterprises Ltd — what could break the story?
Biggest worry: profit falling (₹6.0 Cr → ₹4.0 Cr). Two quarters of debt reversing would kill this story. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Parin Enterprises Ltd a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: not yet — the numbers don’t support the price. The numbers say be careful, and the price already assumes the good news continues. Across the 7-model scorecard the composite research signal is low priority at 31% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.