Price
Financials
Standalone, Rs crore| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 32 | 72 | 60 | 61 | 52 | 64 | 41 | 69 |
| Expenses | 28 | 61 | 51 | 50 | 50 | 58 | 38 | 59 |
| Operating Profit | 4 | 10 | 9 | 11 | 2 | 6 | 3 | 10 |
| OPM % | 13% | 15% | 15% | 18% | 4.7% | 9% | 7% | 14% |
| Other Income | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 10 | 8 | 11 | 3 | 6 | 2 | 10 |
| Tax % | 25% | 28% | 26% | 26% | 33% | 27% | 20% | 27% |
| Net Profit | 3 | 7 | 6 | 8 | 2 | 4 | 2 | 7 |
| EPS in Rs | 8.14 | 19.25 | 4.16 | 4.25 | 0.87 | 2.15 | 1.02 | 3.61 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 81 | 83 | 83 | 104 | 121 | 116 | 110 |
| Expenses | 77 | 77 | 77 | 89 | 102 | 108 | 97 |
| Operating Profit | 4 | 6 | 6 | 15 | 20 | 9 | 13 |
| OPM % | 4.8% | 8% | 7% | 14% | 16% | 7% | 12% |
| Other Income | 2 | 1 | 2 | 1 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 6 | 6 | 14 | 19 | 8 | 12 |
| Tax % | 39% | 27% | 27% | 27% | 26% | 28% | 26% |
| Net Profit | 2 | 4 | 4 | 10 | 14 | 6 | 9 |
| EPS in Rs | 245.00 | 440.00 | 449.00 | 27.39 | 7.31 | 3.03 | 4.63 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 6% | 2% | -5% | ||
| Compounded Profit Growth | % | 15% | -3% | 53% | ||
| Stock Price CAGR | % | % | % | -5% | ||
| Return on Equity | % | 17% | 13% | 10% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 4 | 20 | 20 | 20 |
| Reserves | 3 | 8 | 12 | 19 | 64 | 70 | 79 |
| Borrowings | 12 | 22 | 21 | 25 | 9 | 3 | 1 |
| Other Liabilities | 22 | 20 | 24 | 24 | 13 | 11 | 9 |
| Total Liabilities | 38 | 50 | 58 | 71 | 106 | 104 | 108 |
| Fixed Assets | 6 | 7 | 10 | 9 | 11 | 16 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 3 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 32 | 43 | 48 | 62 | 94 | 85 | 86 |
| Total Assets | 38 | 50 | 58 | 71 | 106 | 104 | 108 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12 | -10 | 5 | -2 | 0 | -6 | 5 |
| Cash from Investing Activity | -1 | -1 | -4 | -1 | -18 | -2 | 0 |
| Cash from Financing Activity | -9 | 9 | -2 | 3 | 29 | -5 | -2 |
| Net Cash Flow | 2 | -1 | -1 | 1 | 12 | -13 | 2 |
| Free Cash Flow | 11 | -11 | 2 | -3 | -3 | -14 | -0 |
| CFO/OP | 316% | -136% | 118% | -7% | 40% | -45% | 55% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 130 | 95 | 95 | 77 | 124 | 141 |
| Inventory Days | 10 | 9 | 83 | 112 | 138 | 124 | 138 |
| Days Payable | 114 | 93 | 135 | 102 | 55 | 42 | 31 |
| Cash Conversion Cycle | -8 | 45 | 43 | 106 | 159 | 206 | 248 |
| Working Capital Days | 8 | 52 | 70 | 91 | 156 | 201 | 230 |
| ROCE % | 30% | 21% | 37% | 29% | 9% | 13% |
| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Promoters | 74.59% | 74.77% | 74.87% | 74.87% | 74.87% |
| FIIs | 2.04% | 2.12% | 1.80% | 0.00% | 0.00% |
| DIIs | 2.37% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 20.99% | 23.11% | 23.33% | 25.13% | 25.13% |
| No. of Shareholders | 3,352 | 1,902 | 1,920 | 2,009 | 1,880 |
Fundamentals
Market Cap₹ 94.4 Cr.
Current Price₹ 48.2
Stock P/E10.4
Book Value₹ 50.3
ROCE12.8 %
ROE9.64 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-5%
Compounded Profit Growth (TTM)53%
Standalone figures.
Valuation
Market capRs 96 Cr
Enterprise valueRs 120 Cr
P/E (TTM)9.73x
Price to book4.31x
Price to sales0.92x
EV / EBITDA7.69x
EV / EBIT8.13x
EV / sales1.15x
Earnings yield10.27%
Profitability
Operating margin (excl. other income)14.05%
Operating margin (incl. other income)14.97%
EBITDA margin14.97%
Pre-tax margin13.03%
Net profit margin9.48%
ROE56.81%
ROCE36.60%
ROA15.35%
ROE, 3-year average59.79%
ROCE, 3-year average29.61%
ROA, 3-year average11.24%
ROIC (approx.)23.20%
Tax rate27.36%
Other income / net worth4.31%
Growth
Sales growth (latest year)25.63%
Profit growth (latest year)119.60%
Sales CAGR, 3 years8.57%
Profit CAGR, 3 years59.06%
Per share
EPS (TTM)Rs 5.04
EPS (latest year)Rs 27.39
EPS, 3-year averageRs 305.46
Book value per shareRs 11.38
Sales per shareRs 53.19
Cash flow per shareRs -1.05
Free cash flow per shareRs -0.00
Efficiency
Asset turnover1.47x
Fixed asset turnover11.09x
Inventory turnover3.64x
Inventory days100 days
Debtor days95 days
Debtors turnover3.84x
Creditor days31 days
Cash conversion cycle248 days
Working capital days230 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 1 Cr
Net debtRs 24 Cr
Debt to equity1.13x
Net debt / EBITDA1.53x
Interest coverage12.39x
Owners' fund to total sources31.38%
Debt to assets35.52%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years0.05x
Statement figures
Net sales (TTM)Rs 104 Cr
Net sales (latest year)Rs 104 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 14 Cr
Profit before tax (TTM)Rs 14 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 10 Cr
Net profit (latest year)Rs 10 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 81 Cr
Total expenditure (latest year)Rs 89 Cr
Total income (latest year)Rs 105 Cr
Share capitalRs 4 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 22 Cr
Total assetsRs 71 Cr
Net blockRs 9 Cr
ReceivablesRs 27 Cr
InventoryRs 22 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)1.96
Ownership
Promoter holding74.87% (+0.28 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 9.7 is at the 8th percentile of its own 3.0-year range
(median 29.1, low 9.4, high 148.7).
P/B 4.31 is at the 8th percentile (median 16.08).
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.
| Period | PARAGON | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.5% | -2.8% | -4.7 pts |
| 1 month | +3.8% | -6.8% | +10.6 pts |
| 3 months | -3.5% | -7.6% | +4.1 pts |
| 6 months | +14.1% | +0.4% | +13.7 pts |
| 1 year | -15.4% | -9.9% | -5.5 pts |
| 2 years | -67.5% | -13.6% | -54.0 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -35% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 17% of total assets in 2026 |
| explain | Share dilution Share count up 3500% in a year, 3500% in three |
| look | Inventory outrunning sales Inventory grew 76% vs sales +26% 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
Mar 2026Sales ₹69 Cr +13.1% vs Mar 2024.
Net profit ₹7 Cr -12.5%.
Activity
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|---|---|---|---|
| Sudarshan Chemical Industries Ltd | 9,532 | 93.9 | 5.46 % |
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| Ultramarine & Pigments Ltd | 1,224 | 15.0 | 10.1 % |
| Sudarshan Colorants India Ltd | 874 | 16.9 | 11.4 % |
| Asahi Songwon Colors Ltd | 452 | 13.0 | 8.50 % |
| Ushanti Colour Chem Ltd | 307 | -1.15 % | |
| AksharChem (India) Ltd | 295 | 23.8 | 0.19 % |
| Mahickra Chemicals Ltd | 288 | 55.9 | 12.7 % |
| Poddar Pigments Ltd | 268 | 17.6 | 7.25 % |
| Ducol Organics & Colours Ltd | 217 | 29.9 | 10.5 % |
| Hindprakash Industries Ltd | 132 | 37.7 | 5.48 % |
| Unilex Colour & Chemical Ltd | 42 | 5.12 | % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Paragon Fine and Speciality Chemical Ltd?
Paragon Fine and Speciality Chemical Ltd (PARAGON) has a market capitalisation of Rs 94.4 Cr. at the 2026-10-01 close.
What is the P/E ratio of Paragon Fine and Speciality Chemical Ltd?
Paragon Fine and Speciality Chemical Ltd trades at a P/E of 10.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Paragon Fine and Speciality Chemical Ltd's latest quarterly results?
In the Mar 2026 quarter, Paragon Fine and Speciality Chemical Ltd sales was Rs 69 Cr (+13.1% vs Mar 2024) and net profit was Rs 7 Cr.
What is the 52-week high and low of Paragon Fine and Speciality Chemical Ltd?
The 52-week high is Rs 64.90 and the 52-week low is Rs 34.10.