---
title: "Paramount Speciality Forgings Ltd (PSFL) — Share Price, Financials & Analysis"
symbol: "PSFL"
company: "Paramount Speciality Forgings Ltd"
canonical: "https://tapetide.com/stocks/PSFL"
isin: "INE0Q6001012"
nse_symbol: "PSFL"
sector: "Industrial Products"
industry: "Other Industrial Products"
market_cap_cr: 67.41
generated_at: "2026-09-13T18:32:58.580Z"
---

# Paramount Speciality Forgings Ltd (PSFL)

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

## Company

- **NSE Symbol:** PSFL
- **ISIN:** INE0Q6001012
- **Sector:** Industrial Products
- **Industry:** Other Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-25
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** paramountforge.com

## About

Incorporated in 1994, Paramount Speciality Forgings Ltd is a manufacturer of carbon steel and stainless-steel flanges and fittings and other engineering goods.[1]

## Latest Price

- **Price:** ₹34.25
- **Change:** -3.15 (-8.42%)
- **Open:** ₹34.25
- **Day High:** ₹35.95
- **Day Low:** ₹34.25
- **Previous Close:** ₹37.4
- **Volume:** 6000
- **As Of:** 2026-09-10T07:56:14+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:42.727960Z.

- **Market Cap:** ₹67.41 Cr
- **Classification:** SME
- **P/E (reported):** 15.9
- **Book Value:** ₹28.57
- **Price to Book:** 1.2
- **Dividend Yield:** 0%
- **ROE:** 7.57%
- **ROCE:** 13.21%
- **Debt to Equity:** 0.49
- **Revenue (yearly):** ₹121.8 Cr
- **Net Income:** ₹4.3 Cr
- **EBITDA:** ₹9.3 Cr
- **52-Week High:** ₹40.85
- **52-Week Low:** ₹21.15
- **RSI (14):** 55.29

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 33.4 | 9% |
| growth | 50 | 9% |
| momentum | 88.48 | 12% |
| ownership | 66.37 | 24% |
| quality | 57.63 | 22% |
| valuation | 46.41 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.20 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 306.27% | 236.09% | 47.63% |
| ebitda margin growth | -9.49% | -41.98% | -13.79% |
| net income growth | -4.44% | 15% | 77% |
| revenue growth | 9.83% | 3% | 18% |
| roce | -11.7% | -66.78% | 24.27% |
| roe | -11.87% | 13.23% | -52.42% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 51 | 52 | 47 | 63 | 58 | 62 |
| Expenses | 43 | 46 | 44 | 58 | 54 | 58 |
| Operating Profit | 7 | 6 | 3 | 5 | 4 | 4 |
| OPM % | 14 | 11 | 7 | 8 | 7 | 6 |
| Other Income | 0 | 1 | 0 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 3 | 2 | 4 | 3 | 3 |
| Tax % | 29 | 29 | 13 | 29 | 27 | 24 |
| Net Profit | 3 | 2 | 2 | 3 | 2 | 2 |
| EPS in Rs | 2.16 | 1.48 | 0.81 | 1.46 | 1.11 | 1.05 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 52 | 88 | 110 | 113 | 110 | 120 |
| Expenses | 46 | 84 | 105 | 99 | 101 | 112 |
| Operating Profit | 6 | 3 | 6 | 13 | 9 | 8 |
| OPM % | 12 | 3.8 | 5 | 12 | 8 | 6 |
| Other Income | 0 | 5 | 2 | 1 | 1 | 2 |
| Interest | 2 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 5 | 3 | 3 | 2 | 1 | 2 |
| Profit before tax | -1 | 4 | 4 | 10 | 6 | 6 |
| Tax % | -51 | 18 | 23 | 28 | 24 | 25 |
| Net Profit | 0 | 3 | 3 | 7 | 4 | 4 |
| EPS in Rs | — | — | — | 4.87 | 2.27 | 2.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 15 | 20 | 20 |
| Reserves | 17 | 20 | 16 | 8 | 32 | 37 |
| Borrowings | 16 | 12 | 20 | 25 | 29 | 28 |
| Other Liabilities | 16 | 23 | 36 | 34 | 35 | 43 |
| Total Liabilities | 49 | 54 | 72 | 82 | 116 | 128 |
| Fixed Assets | 14 | 12 | 11 | 9 | 13 | 13 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 35 | 42 | 61 | 72 | 102 | 99 |
| Total Assets | 49 | 54 | 72 | 82 | 116 | 128 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1 | 4 | 0 | -4 | -3 | 6 |
| Cash from Investing Activity | 0 | 3 | -1 | 0 | -10 | -17 |
| Cash from Financing Activity | -2 | -5 | 0 | 4 | 27 | -2 |
| Net Cash Flow | -1 | 1 | -1 | 0 | 14 | -14 |
| Free Cash Flow | 0 | 7 | -1 | -5 | -8 | -12 |
| CFO/OP | 25 | 153 | 20 | -21 | 3 | 103 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 61 | 53 | 57 | 53 | 68 | 77 |
| Inventory Days | 222 | 105 | 142 | 204 | 252 | 237 |
| Days Payable | 176 | 106 | 155 | 146 | 168 | 172 |
| Cash Conversion Cycle | 106 | 52 | 44 | 111 | 152 | 142 |
| Working Capital Days | 17 | 24 | 10 | 37 | 56 | 56 |
| ROCE % | — | 3 | 15 | 29 | 13 | 9 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 72.15% | 72.26% | 72.28% | 72.29% |
| FIIs | 0% | 1.94% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 8.18% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 13.43% | 15.63% | 16.3% | 17.08% |
| Others | 0% | 12.48% | 12.11% | 11.42% | 2.45% |
| No. of Shareholders | 8 | 1218 | 898 | 901 | 797 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 6 / 0

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 33.34 | Buy |
| EMA (10) | 34.05 | Buy |
| SMA (20) | 32.38 | Buy |
| EMA (20) | 33.06 | Buy |
| SMA (50) | 32.39 | Buy |
| EMA (50) | 32.17 | Buy |
| SMA (100) | 30.76 | Buy |
| EMA (100) | 31.57 | Buy |
| SMA (200) | 30.4 | Buy |
| EMA (200) | 33.16 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.29 | Neutral |
| MACD (12,26,9) | 0.97 | Buy |
| Stochastic (14,3,3) | 75.61 | Neutral |
| ADX (14) | 31.55 | Buy |
| Williams %R (14) | -54.88 | Neutral |
| ATR (14) | 1.38 | High Volatility |
| ROC (12) | 10.31 | Buy |
| Stoch RSI (14) | 28.67 | Neutral |
| UO (7,14,28) | 62.14 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 June 2026 - Investor presentation shared for H2 and FY26 performance, including solar project progress and business overview. | [Investor Presentation 9 June 2026 - Investor presentation shared for H2 and FY26 performance, including solar project progress and business overview.](https://nsearchives.nseindia.com/corporate/9820035987_09062026132027_PresentationEarningsCallsMeeting.pdf) |
| 9 June 2026 - Audio recording of H2 and FY26 post-earnings investor conference call available on company website. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Audio recording of H2 and FY26 post-earnings investor conference call available on company website.](https://nsearchives.nseindia.com/corporate/9820035987_09062026182155_RecordingEarningsCallsMeeting.pdf) |
| 5 June 2026 - Promoters disclosed no encumbrance on PSFL equity shares for FY ended March 31, 2026. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Promoters disclosed no encumbrance on PSFL equity shares for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_20052026183249_PSFL.pdf) |
| 4 Sep - Submitted newspaper ads for 3rd AGM, e-voting, and book closure; notice dispatched September 3, 2026. | [Copy of Newspaper Publication 4 Sep - Submitted newspaper ads for 3rd AGM, e-voting, and book closure; notice dispatched September 3, 2026.](https://nsearchives.nseindia.com/corporate/9820035987_04092026113729_PostAGMNewspaperPSFL.pdf) |
| 3 Sep - Pre-dispatch public notice published for 3rd AGM on September 26, 2026 via VC/OAVM. | [Copy of Newspaper Publication 3 Sep - Pre-dispatch public notice published for 3rd AGM on September 26, 2026 via VC/OAVM.](https://nsearchives.nseindia.com/corporate/9820035987_03092026113912_PreAGMNewspaperPSFL.pdf) |
| 3 Sep - AGM book closure from Sept 21-26, 2026; remote e-voting from Sept 23-25, 2026. | [Record Date 3 Sep - AGM book closure from Sept 21-26, 2026; remote e-voting from Sept 23-25, 2026.](https://nsearchives.nseindia.com/corporate/9820035987_03092026162033_RecorddatePSFL.pdf) |
| 3 Sep - 3rd AGM on September 26, 2026 at 1:00 P.M. via VC/OAVM. | [Shareholders meeting 3 Sep - 3rd AGM on September 26, 2026 at 1:00 P.M. via VC/OAVM.](https://nsearchives.nseindia.com/corporate/9820035987_03092026155955_NoticeAGMPSFL.pdf) |
| 3 June 2026 - H2 and FY26 earnings call scheduled for 9 June 2026 at 4:00 PM. | [Analysts/Institutional Investor Meet/Con. Call Updates 3 June 2026 - H2 and FY26 earnings call scheduled for 9 June 2026 at 4:00 PM.](https://nsearchives.nseindia.com/corporate/9820035987_03062026183518_EARNINGCALLMEET.pdf) |
| 29 May 2026 - FY26 audited standalone results approved; new cost auditor, internal auditor and company secretary appointed. | [Appointment 29 May 2026 - FY26 audited standalone results approved; new cost auditor, internal auditor and company secretary appointed.](https://nsearchives.nseindia.com/corporate/9820035987_29052026205703_NSE_OUTCOME.pdf) |
| 29 May 2026 - Board approved FY26 audited standalone results; appointed new Company Secretary, cost auditor and internal auditor on May 29, 2026. | [Outcome of Board Meeting 29 May 2026 - Board approved FY26 audited standalone results; appointed new Company Secretary, cost auditor and internal auditor on May 29, 2026.](https://nsearchives.nseindia.com/corporate/9820035987_29052026203859_NSE_OUTCOME.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31224_PSFL_2025_2026_A_13157312_03092026161411.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28200_PSFL_2024_2025_A_4883881_02092025191302.pdf) |

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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 2026-09-13T18:32:58.580Z.