Paramount Communications
Paramount Communications
Industrial ProductsKey Fundamentals
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Key Insights
Strengths
1- Company's median sales growth is 28.0% of last 10 years
Weaknesses
5- Stock is trading at 2.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.31%
- Company has a low return on equity of 12.2% over last 3 years.
- Earnings include an other income of Rs.36.5 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 211 | 252 | 284 | 323 | 321 | 356 | 392 | 507 | 451 | 428 | 461 | 573 | 529 |
| Expenses | 194 | 231 | 260 | 296 | 294 | 325 | 358 | 475 | 436 | 422 | 446 | 543 | 495 |
| Operating Profit | 17 | 21 | 24 | 27 | 27 | 31 | 34 | 32 | 15 | 6 | 15 | 30 | 35 |
| OPM % | 8% | 8% | 8% | 8% | 8% | 9% | 9% | 6% | 3.4% | 1.4% | 3.3% | 5% | 7% |
| Other Income | 2 | 2 | 2 | 3 | 3 | 2 | 4 | 2 | 18 | 20 | 5 | 9 | 3 |
| Interest | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 5 | 4 | 4 | 6 | 8 | 7 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| PBT | 15 | 20 | 22 | 26 | 26 | 29 | 31 | 25 | 25 | 18 | 10 | 27 | 27 |
| Tax % | 0% | 0% | 0% | -14% | 2% | 30% | 26% | 26% | 27% | 26% | 28% | 25% | 26% |
| Net Profit | 15 | 19 | 22 | 29 | 25 | 20 | 23 | 19 | 18 | 13 | 7 | 21 | 20 |
| EPS in Rs | 0.62 | 0.82 | 0.79 | 0.97 | 0.83 | 0.67 | 0.74 | 0.61 | 0.61 | 0.43 | 0.25 | 0.67 | 0.65 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 451 | 308 | 314 | 433 | 614 | 606 | 518 | 580 | 794 | 1,068 | 1,574 | 1,913 | 1,992 |
| Expenses | 486 | 351 | 362 | 436 | 571 | 561 | 501 | 559 | 746 | 978 | 1,450 | 1,847 | 1,906 |
| Operating Profit | -35 | -44 | -48 | -3 | 42 | 45 | 17 | 20 | 48 | 89 | 123 | 66 | 86 |
| OPM % | -8% | -14% | -15% | -0.6% | 7% | 7% | 3.2% | 3.5% | 6% | 8% | 8% | 3.5% | 4.3% |
| Other Income | 4 | 2 | 92 | 31 | 3 | 3 | 3 | 4 | 16 | 8 | 11 | 51 | 37 |
| Interest | 61 | 74 | 20 | 4 | 8 | 11 | 7 | 6 | 7 | 6 | 11 | 21 | 24 |
| Depreciation | 9 | 9 | 10 | 9 | 9 | 11 | 9 | 10 | 9 | 9 | 12 | 15 | 16 |
| PBT | -101 | -124 | 15 | 15 | 29 | 26 | 3 | 8 | 48 | 82 | 111 | 81 | 82 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -4% | 22% | 26% | — |
| Net Profit | -101 | -124 | 15 | 15 | 29 | 26 | 3 | 8 | 48 | 86 | 87 | 60 | 61 |
| EPS in Rs | -8.06 | -9.89 | 1.17 | 1.03 | 1.7 | 1.43 | 0.16 | 0.42 | 2.46 | 2.82 | 2.85 | 1.96 | 2 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 29 | 34 | 37 | 39 | 39 | 39 | 61 | 61 | 61 |
| Reserves | -246 | -368 | -36 | 58 | 107 | 145 | 154 | 163 | 256 | 565 | 656 | 717 |
| Borrowings | 405 | 354 | 217 | 203 | 210 | 210 | 202 | 187 | 160 | 103 | 33 | 123 |
| Other Liabilities | 171 | 297 | 116 | 101 | 118 | 120 | 76 | 93 | 49 | 97 | 157 | 228 |
| Total Liabilities | 355 | 308 | 321 | 390 | 469 | 512 | 471 | 481 | 504 | 827 | 908 | 1,129 |
| Fixed Assets | 81 | 75 | 138 | 130 | 132 | 145 | 142 | 135 | 128 | 169 | 221 | 260 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 56 | 0 | 0 |
| Other Assets | 274 | 233 | 183 | 260 | 337 | 367 | 329 | 346 | 366 | 600 | 683 | 868 |
| Total Assets | 355 | 308 | 321 | 390 | 469 | 512 | 471 | 481 | 504 | 827 | 908 | 1,129 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 14 | 138 | 52 | 20 | -18 | 14 | 14 | 15 | 11 | -101 | 104 | -38 |
| Investing | -2 | -1 | 2 | 1 | -8 | -6 | -3 | -1 | -16 | -96 | -1 | -51 |
| Financing | -7 | -127 | -53 | -18 | 25 | -8 | -5 | -19 | 22 | 183 | -84 | 70 |
| Net Cash Flow | 5 | 10 | 1 | 4 | -1 | 0 | 6 | -6 | 17 | -13 | 19 | -19 |
| Free Cash Flow | 11 | 137 | 51 | 18 | -28 | 6 | 9 | 12 | 3 | -153 | 44 | -91 |
| CFO/OP | -41 | -316 | -109 | -699 | -40 | 33 | 98 | 72 | 18 | -112 | 98 | -37 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 128 | 152 | 135 | 159 | 127 | 125 | 118 | 109 | 78 | 86 | 47 | 79 |
| Inventory Days | 65 | 69 | 17 | 29 | 60 | 88 | 88 | 92 | 71 | 108 | 97 | 72 |
| Days Payable | 28 | 66 | 25 | 95 | 80 | 88 | 59 | 67 | 25 | 39 | 43 | 50 |
| Cash Conversion Cycle | 164 | 156 | 127 | 93 | 107 | 125 | 147 | 134 | 123 | 155 | 102 | 101 |
| Working Capital Days | -160 | -416 | 10 | 97 | 106 | 125 | 138 | 130 | 107 | 124 | 96 | 84 |
| ROCE % | -20% | -52% | -49% | -3% | 12% | 10% | 3% | 4% | 13% | 15% | 16% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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62 extracted metrics + investor summaries across FY12–FY26.
Documents
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Company Information
Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables. [1]
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