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Swing Capital

Paramount Communications Ltd

NSE: PARACABLES BSE: 530555Energy

Paramount Communications Ltd is engaged in manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables and specialised cables. [1]

₹54.7
52W: ₹28.3 — ₹62.8
PE 28.5 · Book ₹24.6 · +122% vs book
Market Cap₹1,669 Cr
Stock P/E28.5Price to Earnings
ROCE16.2%Return on Capital
ROE12.7%Return on Equity
Div. Yield0%Face Value ₹2

Strengths

  • +Company has delivered good profit growth of 26.6% CAGR over last 5 years
  • +Debtor days have improved from 70.1 to 47.1 days.

Weaknesses

  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Earnings include an other income of Rs.45.1 Cr.
  • −Promoter holding has decreased over last 3 years: -12.9%

Shareholding Pattern

Promoters49.19%
FIIs0.51%
DIIs0.11%
Public48.49%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters49.31%49.06%▼0.349.06%49.06%49.06%49.06%49.12%▲0.149.19%▲0.1
FIIs7.1%2.21%▼4.90.74%▼1.50.83%▲0.10.39%▼0.40.45%▲0.10.29%▼0.20.51%▲0.2
DIIs0%0%0.02%▲0.00%▼0.00.08%▲0.10.07%▼0.00.07%0.11%▲0.0
Public43.58%48.72%▲5.148.48%▼0.248.42%▼0.148.78%▲0.448.73%▼0.148.83%▲0.148.49%▼0.3

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales250.28275.34311.11313.32352.1386.39504.85450.87427.57460.42
Expenses229.21251.9285.34287.35321.49353.47473.89435.71421.86445.41
Operating Profit21.0723.4425.7725.9730.6132.9230.9615.165.7115.01
OPM %8.42%8.51%8.28%8.29%8.69%8.52%6.13%3.36%1.34%3.26%
Net Profit19.4521.929.525.1820.2722.5318.731913.267.46
EPS ₹0.810.780.970.830.660.740.610.620.430.24

AI Insights

Revenue Trend

TTM revenue at ₹1,844Cr, up 18.6% YoY. OPM at 4%.

Debt Position

Borrowings at ₹102Cr. Debt-to-equity ratio: 0.15x. Healthy balance sheet.

Capex Cycle

CWIP at ₹6Cr (3% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0.11% (+0.11pp change). FIIs: 0.51% (-0.35pp change). Promoters hold 49.19%.

Margin & Efficiency

ROCE improving from -10% (Mar 2014) to 16% (Mar 2025). Working capital days: 97.

Valuation

PE 28.5x with 16.2% ROCE. Price is 122% above book value of ₹24.6. Dividend yield: 0%.

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