---
title: "Partani Appliances Ltd (1270527) — Share Price, Financials & Analysis"
symbol: "1270527"
company: "Partani Appliances Ltd"
canonical: "https://tapetide.com/stocks/1270527"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:02:34.817Z"
---

# Partani Appliances Ltd (1270527)

Canonical page: https://tapetide.com/stocks/1270527

## Company

- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** partaniappliances.com

## About

Partani Appliances the main objective of Trading of voltage stabilizers. The Company is engaged in the trading activity.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 18.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -45.6% over past five years.
- Company has a low return on equity of 0.16% over last 3 years.
- Company has high debtors of 1,404 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -400% | -21% | 15% |
| revenue growth | -60% | -19% | -46% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.29 | 0.32 | 0.08 | 0.3 | 0.49 | 0.45 | 0.66 | 0.34 | 0.27 | 0.18 | 0.18 | 0.15 |
| Expenses | 0.31 | 0.29 | 0.22 | 0.3 | 0.53 | 0.54 | 0.7 | 0.33 | 0.34 | 0.27 | 0.53 | 0.24 |
| Operating Profit | -0.02 | 0.03 | -0.14 | 0 | -0.04 | -0.09 | -0.04 | 0.01 | -0.07 | -0.09 | -0.35 | -0.09 |
| OPM % | -6.9 | 9.38 | -175 | 0 | -8.16 | -20 | -6.06 | 2.94 | -25.93 | -50 | -194.44 | -60 |
| Other Income | 0 | 0 | 0.13 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 | 0.51 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.02 | 0.03 | -0.01 | 0 | -0.04 | -0.09 | 0.16 | 0.01 | -0.07 | -0.09 | 0.16 | -0.09 |
| Tax % | 0 | 0 | 0 | — | 0 | 0 | 6.25 | 0 | 0 | 0 | 6.25 | 0 |
| Net Profit | -0.02 | 0.03 | -0.01 | 0 | -0.04 | -0.09 | 0.15 | 0.01 | -0.07 | -0.09 | 0.16 | -0.09 |
| EPS in Rs | -0.02 | 0.02 | -0.01 | 0 | -0.03 | -0.07 | 0.12 | 0.01 | -0.06 | -0.07 | 0.13 | -0.07 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.81 | 21.94 | 20.58 | 5.5 | 1.85 | 1.04 | 1.9 | 0.98 | 0.78 |
| Expenses | 0.79 | 22.38 | 21.71 | 5.91 | 1.9 | 1.12 | 2.06 | 1.47 | 1.38 |
| Operating Profit | 0.02 | -0.44 | -1.13 | -0.41 | -0.05 | -0.08 | -0.16 | -0.49 | -0.6 |
| OPM % | 2.47 | -2.01 | -5.49 | -7.45 | -2.7 | -7.69 | -8.42 | -50 | -76.92 |
| Other Income | 0 | 0.64 | 0.62 | 0.12 | 0.1 | 0.13 | 0.2 | 0.51 | 0.51 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.02 | 0.2 | -0.51 | -0.29 | 0.05 | 0.04 | 0.03 | 0.02 | -0.09 |
| Tax % | 50 | 30 | 0 | 0 | 40 | 25 | 33.33 | 50 | — |
| Net Profit | 0.02 | 0.14 | -0.51 | -0.29 | 0.04 | 0.03 | 0.02 | 0.02 | -0.09 |
| EPS in Rs | 0.02 | 0.11 | -0.41 | -0.24 | 0.03 | 0.02 | 0.02 | 0.02 | -0.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12.31 | 12.31 | 12.31 | 12.31 | 12.31 | 12.31 | 12.31 | 12.31 |
| Reserves | 2.7 | 2.84 | 2.33 | 2.04 | 2.08 | 2.11 | 2.13 | 2.15 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.57 | 3.79 | 0.77 | 0.71 | 1.14 | 1.26 | 3.86 | 4.05 |
| Total Liabilities | 15.58 | 18.94 | 15.41 | 15.06 | 15.53 | 15.68 | 18.3 | 18.51 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.12 | 0.12 | 0.12 | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 |
| Other Assets | 15.46 | 18.82 | 15.29 | 14.68 | 15.15 | 15.3 | 17.92 | 18.13 |
| Total Assets | 15.58 | 18.94 | 15.41 | 15.06 | 15.53 | 15.68 | 18.3 | 18.51 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -11.32 | 0.45 | -0.26 | -1.76 | -0.07 | 0.37 | -0.72 | — |
| Cash from Investing Activity | 0 | 0.64 | 0.64 | 0.62 | 0.1 | 0.13 | 0.2 | — |
| Cash from Financing Activity | 11.3 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Cash Flow | -0.02 | 1.09 | 0.38 | -1.14 | 0.02 | 0.5 | -0.52 | — |
| Free Cash Flow | -11.32 | 0.45 | -0.26 | -1.76 | -0.07 | 0.37 | -0.72 | — |
| CFO/OP | -56550 | -102 | 23 | 429 | 100 | -475 | 444 | — |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 847.16 | 87.67 | 56.4 | 198.43 | 816.81 | 1312.6 | 820.29 | 1404.13 |
| Inventory Days | 279.83 | 14.26 | 0 | 0 | 40.31 | — | — | 379.9 |
| Days Payable | 115.58 | 54.39 | — | — | 6.72 | — | — | 1080.1 |
| Cash Conversion Cycle | 1011.41 | 47.54 | 56.4 | 198.43 | 850.4 | 1312.6 | 820.29 | 703.93 |
| Working Capital Days | 6551.98 | 226.59 | 256.81 | 926.44 | 2756.24 | 4737.98 | 2699.08 | 5236.63 |
| ROCE % | — | 1.33 | -3.42 | -2 | 0.35 | 0.35 | 0.28 | 0.14 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% |
| Public | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% |
| No. of Shareholders | 802 | 802 | 803 | 800 | 800 | 800 |

### Quarterly

| Category | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% | 7.97% |
| Public | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% | 92.03% |
| No. of Shareholders | 803 | 803 | 803 | 803 | 802 | 802 | 800 | 800 | 800 | 800 | 800 | 800 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/538686/66594538686.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/538686/5386860319.pdf) |
| 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/538686/68160538686.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/538686/5386860317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/538686/5386860316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/538686/5386860315.pdf) |
| 2014 | [Annual Report 2014](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2014/PARTANI_APPLIANCES_LTD-538686-MARCH-2014.PDF) |
| 2013 | [Annual Report 2013](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2013/PARTANI_APPLIANCES_LTD-538686-MARCH-2013.PDF) |
| 2012 | [Annual Report 2012](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2012/PARTANI_APPLIANCES_LTD-538686-MARCH-2012.PDF) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:02:34.817Z.