Paramount Communications Limited (PARACABLES)

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Paramount Communications Limited (PARACABLES) · mywealthgrid

About

Paramount Communications manufactures electrical cables for industrial applications in the Industrials sector. Market cap ₹2,135 Cr; latest quarter (Mar 2026) standalone revenue ₹573 Cr. Mid-scale manufacturer competing in a commoditized segment.

Face value: ₹2

Market cap

₹1,849 Cr

P/E

30.3×

P/B

2.2×

Dividend yield

ROE

ROCE

13.4%

Debt / equity

0.15

OPM

3.5%

EPS (TTM)

₹2.0

Book value

₹25.5

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Earnings instability: Net profit ₹7.46–₹20.52 Cr across recent quarters; OPM 1.45%–5.21% shows operational volatility.
Valuation premium: PE 35.74 against ROE 7.99% demands sustained earnings growth to justify the multiple.
Thin margins leave limited buffer: Operating margin 3.47% trailing; even at peak 5.21%, leaves little room for cost or price shocks.
Working capital intensity not transparent: Rapid revenue growth (₹428–₹573 Cr in 6 months) may require inventory or capex buildup; verify cash conversion rate.

Generated analysis · source review pending

Growth drivers

Revenue momentum: Mar 2026 revenue ₹573 Cr, up 34% from Sep 2025's ₹428 Cr; verify if this reflects sustainable demand or one-time spike.
Operating margin recovery: OPM improved to 5.21% (Mar 2026) from 1.45% (Sep 2025); if structural, applies to growing revenue base.
Balance sheet headroom: D/E 0.15 provides capacity for capex or M&A to scale operations without leverage stress.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹56.5-2.3%1Y

Quick read

rule-based

Pros

+Profit CAGR of 80.7% over the last 5 years
+Revenue CAGR of 29.8% over the last 5 years

Cons

−Thin operating margin of 3.5%

Research score

Structured signal from quality, growth, valuation and momentum.

48/100

Business quality: 32
Growth: 58
Valuation: 53

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	614	614	606	519	581	796	1,071	1,576	1,913
COGS	470	470	452	413	454	583	791	1,171	1,442
Gross profit	144	144	154	106	127	213	280	405	472
	102	102	109	89	107	165	190	281	405
	42	42	45	17	20	48	89	123	66
OPM %	6.9%	6.9%	7.5%	3.2%	3.5%	6%	8.3%	7.8%	3.5%
Depreciation	9	9	11	9	10	9	9	12	15
Interest	8	8	11	7	6	7	6	11	21
	3	3	3	3	4	16	8	11	51
Profit before tax	29	29	26	3	8	48	82	111	81
Tax	0	0	0	0	0	0	-4	24	21
Tax %	0%	0%	0%	0%	0%	0%	-4.5%	21.6%	26.1%
	29	29	26	3	8	48	86	87	60
PAT margin %	4.8%	4.8%	4.4%	0.6%	1.4%	6%	8%	5.5%	3.1%
EPS (₹)	1.7	1.7	1.5	0.2	0.4	2.4	3.3	2.9	2
EPS adjusted (₹)	—	—	1.4	0.2	0.4	2.5	2.8	2.9	2
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	37	39	39	39	61	61	61
Reserves	—	154	163	256	565	656	717
	—	174	158	158	101	25	116
	—	104	122	51	100	165	235
Total equity & liabilities	—	471	481	504	827	908	1,129
	145	142	135	128	169	221	260
CWIP	—	—	—	0	1	4	—
Investments	—	0	0	10	56	0	0
	—	329	346	366	600	683	868
Total assets	—	471	481	504	827	908	1,129

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	14	15	11	-101	104	-38
	-3	-1	-16	-96	-1	-51
	-5	-19	22	183	-84	70
Net cash flow	6	-6	17	-13	19	-19
Free cash flow	9	12	2	-154	44	-91
CFO / Operating profit %	86.7%	71.7%	23.1%	-113%	84.4%	-57.3%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Wires and Cables	1,912.17	50.77	1,128.65	350.58	778.07	6.53
Pipes	6.41	0.14

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	23.5%	25.4%	20.4%	21.9%	26.7%	26.1%	25.7%	24.7%
EBITDA margin %	6.9%	7.5%	3.2%	3.5%	6%	8.3%	7.8%	3.5%
EBIT margin %	5.5%	5.6%	1.4%	1.9%	4.9%	7.5%	7.1%	2.7%
PAT margin %	4.8%	4.4%	0.6%	1.4%	6%	8%	5.5%	3.1%
Working capital
Receivable days	—	—	118	109	77	86	47	79
Inventory days	—	—	88	92	71	108	97	72
Payable days	—	—	59	67	25	39	43	50
NWC days	—	—	147	134	123	155	102	101
Leverage
Current ratio	—	—	3.38	2.99	3.9	3.4	3.55	2.42
Debt to EBITDA	—	—	10.53	7.72	3.29	1.13	0.2	1.75
Debt to equity	—	—	0.9	0.78	0.54	0.16	0.04	0.15
Interest coverage	4.7	3.5	1.4	2.3	7.7	14.9	10.9	4.8
Asset turnover	—	—	1.1	1.21	1.58	1.3	1.74	1.7
Return ratios
Return on assets %	—	—	0.7%	1.7%	9.5%	10.4%	9.6%	5.3%
Return on capital employed %	—	—	2.7%	3.9%	14.1%	16.7%	17.8%	13.4%
Return on equity %	—	—	1.6%	4.1%	16.2%	13.7%	12.1%	7.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	62.69%	53.51%	49.31%	49.31%	49.07%	49.07%	49.06%	49.06%	49.06%	49.12%	49.18%	49.18%
	0.53%	7.6%	6.98%	7.11%	2.21%	0.75%	0.82%	0.38%	0.45%	0.29%	0.51%	0.48%
	0.21%	0%	0%	0%	0%	0.02%	0%	0.08%	0.07%	0.07%	0.11%	0.11%
	0%	0%	0%	0%	0%	0%	0%	0%	1.7%	1.7%	1.7%	1.7%
	36.57%	38.89%	43.71%	43.58%	48.72%	50.16%	50.12%	50.48%	48.72%	48.82%	48.5%	48.53%
No. of shareholders	—	—	—	—	—	—	—	—	1,46,552	1,43,928	1,38,511	1,32,072

Promoter holding down 13.51 percentage points since Sep 2023.

10 deals · 2 Sept 2022 – 13 Sept 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
13 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	18,95,731	₹95.31	₹18.07 Cr
13 Sept 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	18,95,731	₹95.30	₹18.07 Cr
26 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	19,63,069	₹89.03	₹17.48 Cr
26 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	19,63,069	₹88.95	₹17.46 Cr
9 Aug 2024	SILVERTOSS SHOPPERS PRIVATE LIMITED	Bulk	NSE	Buy	23,02,239	₹80.50	₹18.53 Cr
9 Aug 2024	NEXPACT LIMITED	Bulk	NSE	Sell	23,00,000	₹80.50	₹18.52 Cr
9 Aug 2024	SILVERTOSS SHOPPERS PRIVATE LIMITED	Bulk	NSE	Sell	2,239	₹80.80	₹0.02 Cr
16 Dec 2022	ELARA CAPITAL PLC (FCCB)	Bulk	NSE	Sell	10,00,000	₹27.05	₹2.71 Cr
4 Nov 2022	LODHA BHUPESH KUMAR	Bulk	NSE	Sell	10,00,000	₹23.11	₹2.31 Cr
2 Sept 2022	LODHA BHUPESH KUMAR	Bulk	NSE	Buy	10,00,000	₹24.17	₹2.42 Cr

1–10 of 10

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Sanjay AggarwalExecutive Director-Chairperson-CEO
Mr. Sandeep AggarwalExecutive Director-MD
S K AgarwalChief Financial Officer (CFO)
Mr. Vijay MaheshwariNon-Executive - Independent Director
Mr. Harish Pal KumarNon-Executive - Independent Director
Mr. Sanjay Kumar SrivastavaNon-Executive - Independent Director
Ms. Anjali VermaNon-Executive - Independent Director
Mrs. Rashi GoelCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Paramount Communications Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Intimation of Credit Rating(s) pursunat to Regulation 30 of SEBI (LODR) Regulation,2015.14 Jul 2026

Investor Presentation and earnings call

Aug 2026TranscriptAI SummaryPPT REC
May 2026Transcript AI SummaryPPTREC

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

2

Dividend dividend11 Sept 2008 · ex-date₹0.4
Dividend dividend11 Sept 2007 · ex-date₹0.4

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

22 announcementsExport CSV

5 Sept 2026, 3:51 pmCompany Update

Letter Dispatched To The Members Of The Company - Web-Link Of Notice Of 32Nd Annual General Meeting And Integrated Annual Report For FY 2025-26

General

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	23.5%	25.4%	20.4%	21.9%	26.7%	26.1%	25.7%	24.7%
EBITDA margin %	6.9%	7.5%	3.2%	3.5%	6%	8.3%	7.8%	3.5%
EBIT margin %	5.5%	5.6%	1.4%	1.9%	4.9%	7.5%	7.1%	2.7%
PAT margin %	4.8%	4.4%	0.6%	1.4%	6%	8%	5.5%	3.1%
Working capital
Receivable days	—	—	118	109	77	86	47	79
Inventory days	—	—	88	92	71	108	97	72
Payable days	—	—	59	67	25	39	43	50
NWC days	—	—	147	134	123	155	102	101
Leverage
Current ratio	—	—	3.38	2.99	3.9	3.4	3.55	2.42
Debt to EBITDA	—	—	10.53	7.72	3.29	1.13	0.2	1.75
Debt to equity	—	—	0.9	0.78	0.54	0.16	0.04	0.15
Interest coverage	4.7	3.5	1.4	2.3	7.7	14.9	10.9	4.8
Asset turnover	—	—	1.1	1.21	1.58	1.3	1.74	1.7
Return ratios
Return on assets %	—	—	0.7%	1.7%	9.5%	10.4%	9.6%	5.3%
Return on capital employed %	—	—	2.7%	3.9%	14.1%	16.7%	17.8%	13.4%
Return on equity %	—	—	1.6%	4.1%	16.2%	13.7%	12.1%	7.7%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Polycab India LimitedPOLYCABPOLYCAB	₹1,20,329 Cr	₹1,20,462 Cr	₹31,188 Cr	₹4,284 Cr	13.9%	₹2,864 Cr	9.4%	33.9%	24.5%	114
Kei Industries LimitedKEIKEI	₹43,039 Cr	₹43,225 Cr	₹12,343 Cr	₹1,367 Cr	10.5%	₹997 Cr	7.8%	20.3%	14.8%	101
R R Kabel LimitedRRKABELRRKABEL	₹28,481 Cr	₹28,713 Cr	₹10,832 Cr	₹925 Cr	8.1%	₹608 Cr	5.1%	30%	20.8%	56
Finolex Cables LimitedFINCABLESFINCABLES	₹22,305 Cr	₹22,324 Cr	₹6,939 Cr	₹727 Cr	9.8%	₹800 Cr	11.3%	11.4%	12.3%	78
Universal Cables LimitedUNIVCABLESUNIVCABLES	₹5,036 Cr	₹6,212 Cr	₹3,368 Cr	₹294 Cr	8.6%	₹200 Cr	5.4%	9.5%	8.9%	115
Laser Power & Infra LimitedLASERPOWERLASERPOWER	₹3,689 Cr	—	—	—	—	—	—	—	—	—
Lumino Industries LimitedLUMINOLUMINO	₹2,939 Cr	—	—	—	—	—	—	—	—	—
Quadrant Future Tek LimitedQUADFUTUREQUADFUTURE	₹2,126 Cr	₹2,150 Cr	₹165 Cr	₹-33 Cr	-25.7%	₹-39 Cr	-28.1%	-17.4%	-15.5%	387
Dynamic Cables LimitedDYCLDYCL	₹2,076 Cr	₹2,116 Cr	₹1,285 Cr	₹141 Cr	10.8%	₹91 Cr	7.1%	29.4%	20.3%	93
Paramount Communications LimitedPARACABLESPARACABLES	₹1,849 Cr	₹1,965 Cr	₹1,992 Cr	₹86 Cr	3.5%	₹61 Cr	3.1%	13.4%	8%	101
Systematic Industries LtdSYSTEMATICSYSTEMATIC	₹637 Cr	—	₹553 Cr	₹37 Cr	6.6%	₹21 Cr	3.8%	—	—	—
Susan Electricals India LtdSUSANSUSAN	₹629 Cr	—	—	—	—	—	—	—	—	—

Date	Category	Subject	Filing
5 Sept 2026, 3:51 pm	Company Update General	Letter Dispatched To The Members Of The Company - Web-Link Of Notice Of 32Nd Annual General Meeting And Integrated Annual Report For FY 2025-26	PDF
5 Sept 2026, 3:21 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
5 Sept 2026, 1:21 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
3 Sept 2026, 9:00 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
3 Sept 2026, 8:27 pm	Others Business Responsibility and Sustainability Reporting (BRSR)	Business Responsibility and Sustainability Reporting (BRSR)	PDF
3 Sept 2026, 8:13 pm	AGM/EGM AGM	Notice Of 32Nd Annual General Meeting Of The Company Will Be Held On Saturday, September 26, 2026 At 12:30 P.M. (IST) Through Video Conferencing / Other Audio Visual Means (VC/OAVM).	PDF
29 Aug 2026, 4:03 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
21 Aug 2026, 2:32 pm	Company Update General	Transcript Of Analysts/Investors Call Pertaining To The Un-Audited Financial Results For The Quarter Ended On June 30, 2026.	PDF

Paramount Communications Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Dividends2

Board meetings1

Announcements

Dividends2

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Pipes · revenue

2

1

2

1