MarketFriction

Paramount Communications Ltd

NSE PARACABLES · BSE 530555 · Cables - Electricals
₹56.51 +0.27%
NSE close2026-10-01
52 week range28.30 - 75.70
Market cap₹1,892 Cr.
P/E31.0
Price band 10% Delivery 42.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales252284323321356392507451428461573529
Expenses231260296294325358475436422446543495
Operating Profit21242727313432156153035
OPM %8%8%8%8%9%9%6%3.4%1.4%3.3%5%7%
Other Income22332421820593
Interest111124544687
Depreciation223333444444
Profit before tax202226262931252518102727
Tax %0%0%-14%2%30%26%26%27%26%28%25%26%
Net Profit19222925202319181372120
EPS in Rs0.820.790.970.830.670.740.610.610.430.250.670.65
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3083144336146065185807941,0681,5741,9131,992
Expenses3513624365715615015597469781,4501,8471,906
Operating Profit-44-48-34245172048891236686
OPM %-14%-15%-0.6%7%7%3.2%3.5%6%8%8%3.5%4.3%
Other Income292313334168115137
Interest742048117676112124
Depreciation910991191099121516
Profit before tax-124151529263848821118182
Tax %0%0%0%0%0%0%0%0%-4%22%26%
Net Profit-12415152926384886876061
EPS in Rs-9.891.171.031.701.430.160.422.462.822.851.962.00
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth20%30%34%17%
Compounded Profit Growth10%81%8%-24%
Stock Price CAGR33%37%-3%30%
Return on Equity%12%12%8%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital252525293437393939616161
Reserves-246-368-3658107145154163256565656717
Borrowings40535421720321021020218716010333123
Other Liabilities17129711610111812076934997157228
Total Liabilities3553083213904695124714815048279081,129
Fixed Assets8175138130132145142135128169221260
CWIP000000000140
Investments00000000105600
Other Assets274233183260337367329346366600683868
Total Assets3553083213904695124714815048279081,129
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity141385220-1814141511-101104-38
Cash from Investing Activity-2-121-8-6-3-1-16-96-1-51
Cash from Financing Activity-7-127-53-1825-8-5-1922183-8470
Net Cash Flow51014-1-06-617-1319-19
Free Cash Flow111375118-2869123-15344-91
CFO/OP-41%-316%-109%-699%-40%33%98%72%18%-112%98%-37%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days12815213515912712511810978864779
Inventory Days6569172960888892711089772
Days Payable286625958088596725394350
Cash Conversion Cycle16415612793107125147134123155102101
Working Capital Days-160-41610971061251381301071249684
ROCE %-20%-52%-49%-3%12%10%3%4%13%15%16%12%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters53.51%49.31%49.31%49.06%49.06%49.06%49.06%49.06%49.12%49.19%49.19%45.88%
FIIs7.60%6.98%7.10%2.21%0.74%0.83%0.39%0.45%0.29%0.51%0.49%0.45%
DIIs0.00%0.00%0.00%0.00%0.02%0.00%0.08%0.07%0.07%0.11%0.11%4.11%
Government0.00%0.00%0.00%0.00%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.58%
Public38.89%43.71%43.58%48.72%48.48%48.42%48.78%48.73%48.83%48.49%48.54%47.99%
No. of Shareholders70,89797,4461,05,5041,40,3201,47,8161,49,1441,48,2621,46,5521,43,9281,38,5111,32,0721,32,082

Fundamentals

Market Cap₹ 1,892 Cr.
Current Price₹ 57.8
Stock P/E31.0
Book Value₹ 25.5
ROCE12.4 %
ROE7.99 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)17%
Compounded Profit Growth (TTM)-24%
Consolidated figures.
Valuation
Market capRs 1,848 Cr
Enterprise valueRs 1,938 Cr
P/E (TTM)30.32x
Price to book2.38x
Price to sales0.93x
EV / EBITDA15.83x
EV / EBIT18.24x
EV / sales0.97x
Earnings yield3.30%
P/E, 3-year average20.54x
P/B, 3-year average2.68x
P/E, 5-year average19.17x
P/B, 5-year average2.08x
Profitability
Operating margin (excl. other income)3.47%
Operating margin (incl. other income)6.14%
EBITDA margin6.15%
Pre-tax margin4.13%
Net profit margin3.06%
Net margin, latest quarter3.72%
ROE7.99%
ROCE12.36%
ROA5.87%
ROE, 3-year average13.18%
ROCE, 3-year average14.57%
ROA, 3-year average9.59%
ROE, 5-year average12.58%
ROCE, 5-year average12.09%
ROA, 5-year average8.04%
ROIC (approx.)9.05%
Tax rate26.07%
Other income / net worth6.57%
Growth
Sales growth (latest year)21.58%
Profit growth (latest year)-31.30%
Sales CAGR, 3 years34.09%
Sales CAGR, 5 years29.88%
Profit CAGR, 3 years7.74%
Profit CAGR, 5 years80.72%
Sales growth QoQ-7.66%
Profit growth QoQ-4.00%
Sales growth YoY (latest quarter)17.35%
Profit growth YoY (latest quarter)6.49%
Per share
EPS (TTM)Rs 1.86
EPS (latest quarter)Rs 0.60
EPS, 3-year averageRs 2.84
EPS, 5-year averageRs 2.14
Book value per shareRs 23.79
Sales per shareRs 60.91
Cash flow per shareRs -1.16
Free cash flow per shareRs -2.78
Efficiency
Asset turnover1.70x
Fixed asset turnover7.35x
Inventory turnover5.06x
Inventory days72 days
Debtor days79 days
Debtors turnover4.63x
Creditor days50 days
Cash conversion cycle101 days
Working capital days84 days
Leverage
Total debtRs 123 Cr
Cash and bankRs 33 Cr
Net debtRs 90 Cr
Debt to equity0.16x
Net debt / EBITDA0.73x
Interest coverage4.42x
Current ratio (filing 2026-03-31)2.42x
Quick ratio (filing 2026-03-31)1.57x
Trade payables (filing 2026-03-31)Rs 197 Cr
Owners' fund to total sources68.94%
Debt to assets10.90%
Cash flow
Cash from Operating Activity (latest year)Rs -38 Cr
Cash from Investing Activity (latest year)Rs -51 Cr
Cash from Financing Activity (latest year)Rs 70 Cr
Net Cash Flow (latest year)Rs -19 Cr
Free cash flow (latest year)Rs -91 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years-0.03x
Statement figures
Net sales (TTM)Rs 1,992 Cr
Net sales (latest year)Rs 1,913 Cr
Sales (latest quarter)Rs 529 Cr
Operating profit excl. other income (latest year)Rs 66 Cr
Operating profit (latest quarter)Rs 35 Cr
Other income (TTM)Rs 37 Cr
EBITDA (TTM)Rs 122 Cr
PBDT (TTM)Rs 98 Cr
Profit before tax (TTM)Rs 82 Cr
Tax (latest year)Rs 21 Cr
Net profit (TTM)Rs 61 Cr
Net profit (latest year)Rs 60 Cr
Net profit (latest quarter)Rs 20 Cr
Depreciation (TTM)Rs 16 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 24 Cr
Cost of goods sold (latest year)Rs 1,442 Cr
Total expenditure (latest year)Rs 1,847 Cr
Total income (latest year)Rs 1,964 Cr
Share capitalRs 61 Cr
ReservesRs 717 Cr
Shareholders' fundsRs 778 Cr
Total assetsRs 1,129 Cr
Net blockRs 260 Cr
ReceivablesRs 413 Cr
InventoryRs 285 Cr
Other liabilitiesRs 228 Cr
Shares outstanding (crore)32.70
Ownership
Promoter holding45.88% (-3.18 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 28.3 is at the 55th percentile of its own 9.4-year range (median 26.5, low 6.4, high 173.7).
P/B 2.22 is at the 45th percentile (median 2.46).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodPARACABLESNifty 50Difference
1 week-6.1%-2.8% -3.3 pts
1 month-10.9%-6.8% -4.1 pts
3 months-20.5%-7.6% -12.9 pts
6 months+97.9%+0.4% +97.5 pts
1 year+24.2%-9.9% +34.1 pts
2 years-38.9%-13.6% -25.4 pts
3 years-10.2%+14.2% -24.4 pts
5 years+363.2%+27.9% +335.3 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was -15% of net profit over the last 3 years
explainReceivables outrunning sales Receivables grew 102% vs sales +22% in 2026
explainShare dilution Share count up 0% in a year, 57% in three
explainDebt up, profit down Borrowings up 270% while net profit fell in 2026
lookProfit leans on other income Other income was 63% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹529 Cr +17.3% vs Jun 2025. Net profit ₹20 Cr +11.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Polycab India Ltd122,10242.633.2 %
KEI Industries Ltd42,64742.820.0 %
R R Kabel Ltd28,53946.728.1 %
Finolex Cables Ltd21,95427.416.0 %
KSH International Ltd6,96853.221.5 %
Universal Cables Ltd5,09625.511.7 %
V-Marc India Ltd4,63939.741.4 %
Laser Power & Infra Ltd3,79634.620.5 %
Lumino Industries Ltd3,17918.726.6 %
Quadrant Future Tek Ltd2,161-15.5 %
Dynamic Cables Ltd2,10223.026.2 %
Divine Power Energy Ltd1,54657.9%
Systematic Industries Ltd59627.717.4 %
Susan Electricals India Ltd58123.237.0 %
JD Cables Ltd42213.333.6 %
No bulk or block deals on record.
Ex-dateActionFactor
2024-09-12Annual General Meeting
2023-09-21Annual General Meeting
2022-09-21Annual General Meeting
2021-09-20 Annual General Meeting
2020-09-22 Annual General Meeting
2019-09-16 Annual General Meeting
2017-08-09 Annual General Meeting
2015-09-15 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-12Annual General Meeting
2012-09-14Annual General Meeting
2011-09-21Annual General Meeting
2010-09-21Annual General Meeting
2009-09-10Annual General Meeting
2008-09-11Agm/Dividend - 20%
2007-09-11Agm/Dividend-20%
2007-01-25Fv Split Rs.10/- To Rs.2/0.2000
DateTypeWhat it says
2026-09-26Shareholder meetingParamount Communications Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2026
2026-09-26Shareholder meetingProceedings of Annual General Meeting held on September 26, 2026. Further, the company has informed the Exchange regarding voting results.
2026-09-24Concall / analyst meetSchedule of meet
2026-09-05General UpdatesGeneral Updates-Letter Dispatched To The Members Of The Company - Web-Link Of Notice Of 32nd Annual General Meeting And Integrated Annual Report For F...
2026-09-05Concall / analyst meetSchedule of meet
2026-09-03Shareholder meetingNotice of Annual General Meeting to be held on September 26, 2026
2026-08-21Concall / analyst meetTranscript
2026-08-17Concall / analyst meetLink of Recording
2026-08-15Investor PresentationInvestor Presentation
2026-08-14Press ReleaseA press release dated August 14, 2026, titled "Press Release on the Unaudited Financial Results of the Company under Regulation 30 of SEBI (Listing Ob...
2026-08-14General UpdatesFixation of the date of Annual General Meeting as Saturday, September 26, 2026 at 12:30 p.m. through Video Conferencing / Other Audio Visual Means (V...
2026-08-14Change in ManagementChange in Management-Appointnment of Mr. Harish Bhardwaj as Executive Vice President -Export.
2026-08-14Board meeting outcomeParamount Communications Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11Concall / analyst meetSchedule of meet
2026-07-14ESOPAllotment of 31995 Equity Shares.
2026-07-14Credit RatingCredit Rating
2026-07-01General UpdatesGeneral Updates-Outcome of the Share Allotment Committee Meeting
2026-07-01General UpdatesGeneral Updates-Appointment of Investor Relations Agency.
2026-06-25General UpdatesGeneral Updates-Disclosure under Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, in relation to the In...
2026-06-22Concall / analyst meetSchedule of meet
2026-06-07Shareholder meetingVoting results.
2026-06-06Shareholder meetingProceedings of Extraordinary General Meeting held on Jun 06, 2026
2026-06-05Disclosure under SEBI TakeovParamount Communications Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-06-01General UpdatesIntimation of Corrigendum to Notice of Extra Ordinary General Meeting to be held on 06th June,2026 at 12:30 PM
2026-05-28Concall / analyst meetTranscript
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 months

Quick answers

What is the market cap of Paramount Communications Ltd?

Paramount Communications Ltd (PARACABLES) has a market capitalisation of Rs 1,892 Cr. at the 2026-10-01 close.

What is the P/E ratio of Paramount Communications Ltd?

Paramount Communications Ltd trades at a P/E of 31.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Paramount Communications Ltd's latest quarterly results?

In the Jun 2026 quarter, Paramount Communications Ltd sales was Rs 529 Cr (+17.3% vs Jun 2025) and net profit was Rs 20 Cr.

What is the 52-week high and low of Paramount Communications Ltd?

The 52-week high is Rs 75.70 and the 52-week low is Rs 28.30.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03