---
title: "Pushpanjali Realms & Infratech Ltd (PUSHPREALM) — Share Price, Financials & Analysis"
symbol: "PUSHPREALM"
company: "Pushpanjali Realms & Infratech Ltd"
canonical: "https://tapetide.com/stocks/PUSHPREALM"
generated_at: "2026-10-13T11:00:55.437Z"
---

# Pushpanjali Realms & Infratech Ltd (PUSHPREALM)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Pushpanjali Realms & Infratech is inolved in Real estate activities with own or leased property.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.12 times its book value
- Company has delivered good profit growth of 43.2% CAGR over last 5 years
- Debtor days have improved from 44.0 to 22.6 days.
- Company's working capital requirements have reduced from 519 days to 67.7 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -15% | 20% | 43% |
| revenue growth | -7% | 22% | 19% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2014 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.16 | 13.32 | 22.08 | 25.71 | 29.68 | 13.68 | 57.45 | 53.33 |
| Expenses | 1.11 | 12.45 | 19.44 | 21.87 | 21.71 | 17.83 | 42.67 | 40.77 |
| Operating Profit | 0.05 | 0.87 | 2.64 | 3.84 | 7.97 | -4.15 | 14.78 | 12.56 |
| OPM % | 4.31 | 6.53 | 11.96 | 14.94 | 26.85 | -30.34 | 25.73 | 23.55 |
| Other Income | 0.02 | 0.14 | -0.02 | 0.44 | -0.31 | 0.01 | 0.9 | 0.84 |
| Interest | 0.01 | 0.23 | 0.22 | 0.22 | 0.19 | 0.22 | 0.32 | 0.15 |
| Depreciation | 0.01 | 0.18 | 0.26 | 0.41 | 0.4 | 0.5 | 1.18 | 1.2 |
| Profit before tax | 0.05 | 0.6 | 2.14 | 3.65 | 7.07 | -4.86 | 14.18 | 12.05 |
| Tax % | 60 | 30 | 34.58 | 33.97 | 30.98 | -21.6 | 24.96 | 25.81 |
| Net Profit | 0.02 | 0.43 | 1.4 | 2.41 | 4.87 | -3.81 | 10.64 | 8.93 |
| EPS in Rs | 20 | 430 | 2.85 | 3.27 | 4.86 | -3.81 | 10.63 | 8.92 |
| 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 | 0.01 | 0.01 | 4.91 | 7.37 | 10.01 | 10.01 | 4.94 | 4.94 |
| Reserves | 0.02 | 0.44 | 1.44 | 6.3 | 22.62 | 18.81 | 27.48 | 35.92 |
| Borrowings | 6.7 | 15.29 | 18.97 | 21.37 | 24.78 | 35.92 | 1.92 | 0.93 |
| Other Liabilities | 1.68 | 6.48 | 22.08 | 35.49 | 26.92 | 27.73 | 10.2 | 6.9 |
| Total Liabilities | 8.41 | 22.22 | 47.4 | 70.53 | 84.33 | 92.47 | 44.54 | 48.69 |
| Fixed Assets | 1.17 | 1.84 | 2.89 | 2.85 | 3.12 | 2.83 | 15.4 | 20.04 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.32 |
| Investments | 0 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 6.53 | 8.67 |
| Other Assets | 7.24 | 19.13 | 43.26 | 66.43 | 79.96 | 88.39 | 22.61 | 19.66 |
| Total Assets | 8.41 | 22.22 | 47.4 | 70.53 | 84.33 | 92.47 | 44.54 | 48.69 |

### 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 | -5.42 | -4.96 | -2.76 | -10.72 | -4.74 | -11.62 | 10.9 | 9.2 |
| Cash from Investing Activity | -1.16 | -2.71 | -1.51 | -0.44 | -2.65 | -0.13 | -7.62 | -8.16 |
| Cash from Financing Activity | 6.64 | 8.04 | 8.18 | 7.31 | 9.26 | 11.92 | -3.56 | -1.22 |
| Net Cash Flow | 0.06 | 0.36 | 3.91 | -3.85 | 1.87 | 0.17 | -0.29 | -0.18 |
| Free Cash Flow | -6.6 | -5.81 | -4.18 | -11.09 | -5.75 | -11.83 | 3.28 | 1.04 |
| CFO/OP | -10820 | -553 | -105 | -247 | -32 | 305 | 98 | 97 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 31.51 | 3.64 | 44.15 | 42.67 | 49.63 | 59.79 | 22.65 |
| Inventory Days | — | — | — | — | — | — | 80.15 | 129.45 |
| Days Payable | — | — | — | — | — | — | 43.86 | 14.93 |
| Cash Conversion Cycle | 0 | 31.51 | 3.64 | 44.15 | 42.67 | 49.63 | 96.07 | 137.18 |
| Working Capital Days | 1733.75 | -90.43 | 98.19 | 313.61 | 398.08 | 1436.25 | 52.48 | 67.69 |
| ROCE % | — | 7.39 | 11.93 | 12.82 | 16.42 | -7.6 | 28.4 | 31.55 |

## Shareholding Pattern

### annual

| Category | Mar 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- |
| Promoters | 57.81% | 57.81% | 57.81% |
| Public | 42.19% | 42.2% | 42.2% |
| No. of Shareholders | 257 | 252 | 250 |

### Quarterly

| Category | Sep 2017 | Mar 2018 | Sep 2018 | Mar 2019 | Sep 2019 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 57.81% | 57.81% | 57.81% | 57.81% | 57.81% |
| Public | 42.19% | 42.19% | 42.18% | 42.2% | 42.2% |
| No. of Shareholders | 276 | 257 | 258 | 252 | 250 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 128.01 | Sell |
| EMA (10) | 127.72 | Sell |
| SMA (20) | 133.02 | Sell |
| EMA (20) | 131.59 | Sell |
| SMA (50) | 141.68 | Sell |
| EMA (50) | 140.15 | Sell |
| SMA (100) | 155.63 | Sell |
| EMA (100) | 154.93 | Sell |
| SMA (200) | 185.57 | Sell |
| EMA (200) | 177.67 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.32 | Neutral |
| MACD (12,26,9) | -4.73 | Sell |
| Stochastic (14,3,3) | 22.95 | Neutral |
| ADX (14) | 17.77 | Neutral |
| Williams %R (14) | -73.49 | Neutral |
| ATR (14) | 5.83 | High Volatility |
| ROC (12) | -11.53 | Sell |
| Stoch RSI (14) | 46.39 | Neutral |
| UO (7,14,28) | 43.06 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2022-03-22 | [Delisting](https://archives.nseindia.com/corporate/PUSHPREALM_22032022185118_Public_Notice.pdf) |
| 2019-11-29 | [Reply to Clarification- Financial results](https://archives.nseindia.com/corporate/PUSHPREALM_22112019202550_Reply_letter_Limited_Review_Report_Financial_Results__026.pdf) |
| 2019-11-19 | [Clarification - Financial Results](https://archives.nseindia.com/corporate/-) |
| 2019-11-14 | [Outcome of Board Meeting](https://archives.nseindia.com/corporate/PUSHPREALM_14112019164056_Outcome_Financial_Results_Auditor_Report_404.pdf) |
| 2019-11-14 | [Outcome of Board Meeting](https://archives.nseindia.com/corporate/listcontract1_14112019165640_PUSHPREALM_447.PDF) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-11-14 | Credit rating update — Brickwork Ratings |
| 2024-09-27 | Credit rating update — Brickwork Ratings |
| 2023-09-25 | Credit rating update — Brickwork Ratings |
| 2022-07-06 | Credit rating update — Brickwork Ratings |
| 2021-06-11 | Credit rating update — Brickwork Ratings |
| 2020-03-16 | Credit rating update — Brickwork Ratings |

---

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 2026-10-13T11:00:55.437Z.