Parin Furniture Ltd

Key Stats

₹135.4
Day's Price Range
₹135.4
₹47
52-Week Price Range
₹156.2

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 85
EPS
Rank 87
BVPS
Rank 45
₹43.48
Dividend Yield
Rank 24
ROE
Rank 68
7.08%
Price To Book Ratio
3.11
Debt To Asset
Rank 50
0.53

Company Information

Parin Furniture Limited was originally incorporated as a private limited company with the name Parin Furniture Private Limited on September 12 2006. Further pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 17 2018 the company was converted into a Public Limited Company and the name of the Company was changed to Parin Furniture Limited on April 04 2018.Mr. Umesh Dhriajbhai Nandani Late Dipeshkumar Nandani and Mr. Bindeshkumar Dhirajlal Nandani were the initial subscribers to the Memorandum of Association of the Company.The Company is a provider of wide and exclusive range of furniture and lifestyle products for several consumers. The Company is managed by experienced and dedicated promoters to address the changing needs of customers in furniture industry. The Subsidiary Company namely Pearl Furniture Private Limited has well established manufacturing unit located at Shapar in Rajkot District having high tech equipments and design facility to manufacture various combination and size of products as per specification and needs of the customers. It is equipped with all facilities to execute all types of manufacturing activities such as panel cutting edge bidding post forming painting line fabrication moulding cutting and polishing packaging etc. The Subsidiary is using latest machineries technology and keeps on upgrading its manufacturing setup design capabilities and workmanship to deliver superior quality products with ontime deliveries and with emphasis on quality. The Companys business network is spread in 18 States. It has COCO Flagship Retail Stores and around 900 dealers associated with the company. It has huge stock keeping facilities having storage area with strong supply chain management. In addition to this it has created spacious specially designed showrooms for display of its various products like home furniture office furniture hospital furniture institutional furniture etc.The Company has obtained certifications like ISO 9001:2015 ISO14001:2015 ISO13485:2012 OHSAS 18001:2007 Assured Green Guard Business. Apart from this it also has registered membership of BIFMA Certification.
OrganisationParin Furniture Ltd
HeadquartersRajkot
IndustryMiscellaneous