EquityPandit.com brought few data for you regarding some of the biggest Indian real estate companies. Let’s go through these data and analyze the future of these companies.
|
COMPANY |
DEBT (Rs Mn) |
Networth (Rs Mn) |
Gross Debt/ Equity |
Cash (Rs Mn) |
Net Debt (Rs Mn) |
Net Debt/ Equity |
|
DLF |
1,46,731 |
2,41,130 |
0.6 |
13,326 |
1,33,405 |
0.6 |
|
Puravankara |
8,050 |
13,251 |
0.6 |
374 |
7,676 |
0.6 |
|
HDIL |
39,478 |
42,209 |
0.9 |
3,494 |
35,984 |
0.9 |
|
Parsvnath |
21,344 |
19,856 |
1.1 |
3,887 |
17,457 |
0.9 |
|
Omaxe |
20,500 |
14,140 |
1.4 |
3,266 |
17,234 |
1.2 |
|
Sobha |
19,000 |
9,882 |
1.9 |
1,456 |
17,544 |
1.8 |
|
Unitech |
1,00000 |
43,827 |
2.3 |
10,000 |
90,000 |
2.1 |
Now what do you analyzed?
By these data we can easily analyze that:
- DLF has enough net worth and cash against debts it has.
- Puravankara again have enough net worth and cash against its debts.
- HDIL and Parsvanath net worth and cash are minutely more than the debts it has.
- Omaxe and Sobha developers net worth and cash are very less than debts it has.
- Unitech, second biggest real estate company in India, has very little worth and cash against its debts.
Outcome of analysis:
- DLF: You can undoubtedly invest for long term in DLF as company has enough cash and worth to sustain.
- Puravankara: You can invest for long term.
- HDIL and Parsvnath: Don’t invest at this time, wait, wait and wait.
- Omaxe and Sobha developers : Not very good companies to invest in for long term.
- Unitech: It may be good for day trading, but not for long term investments.
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