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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