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Paramount Communications Ltd

PARACABLES

Paramount Communications Ltd

PARACABLES
IndustrialsCables
SmallcapWith a market cap of ₹2,522 cr, stock is ranked 1,055
High RiskStock is 3.75x as volatile as Nifty
80.021.16% (+0.92)
80.021.16% (+0.92)

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IndustrialsCables
SmallcapWith a market cap of ₹2,522 cr, stock is ranked 1,055
High RiskStock is 3.75x as volatile as Nifty

How to use scorecard? Learn more

IndustrialsCables
SmallcapWith a market cap of ₹2,522 cr, stock is ranked 1,055
High RiskStock is 3.75x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
25.974.03
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
51.337.400.53%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Paramount Communications Limited is a wires and cables manufacturing company. The Company caters to a range of industries, including power, railways, telecom and IT, petrochemicals, defense and space research projects.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.79%, vs industry avg of 9.14%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 5.18% to 2.96%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 24.04%, vs industry avg of 12.1%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue311.81407.26464.25617.77608.89521.77584.68812.721,078.561,294.34
Raw Materialssubtract267.84253.29358.18501.96490.93397.29459.27586.12846.491,175.31
Power & Fuel Costsubtract9.069.6311.6413.7213.2110.6312.3511.3417.47
Employee Costsubtract13.1314.8315.9617.1421.1719.7122.9421.4927.02
Selling & Administrative Expensessubtract21.0317.8428.4634.7734.3025.5334.5088.4675.28
Operating & Other expensessubtract42.2467.7721.614.401.3749.3931.4641.1115.04
Depreciation/Amortizationsubtract8.589.699.238.6411.059.079.549.269.3810.51
Interest & Other Itemssubtract73.7919.584.487.9810.527.056.417.185.915.57
Taxes & Other Itemssubtract0.000.000.000.000.000.000.000.00-3.655.81
EPS-9.891.171.101.851.480.160.422.463.443.20
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2014

Annual Report Unavailable

FY 2015

Annual Report Unavailable

FY 2023

Annual report

PDF

Investor Presentation

May 20PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 11PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsCables

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Paramount Communications Ltd29.464.03
KEI Industries Ltd75.0213.840.07%
Motherson Sumi Wiring India Ltd45.1317.181.23%
Finolex Cables Ltd30.624.030.61%

Price Comparison

Compare PARACABLES with any stock or ETF
Compare PARACABLES with any stock or ETF
PARACABLES
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Increased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 5.41%

Decreased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 4.90%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding49.07%0.00%0.00%2.21%48.72%

Jan 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

NovDec '23JanMarJunSep7.61%7.60%7.05%6.98%7.11%2.21%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

PARACABLES has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

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News & Opinions
Corporate
Paramount Communications to be allotted industrial land on lease

Paramount Communications announced the receipt of a letter of intent from MP Industrial Development Corporation in response to the company's application for allotment of land admeasuring 30 acres at manufacturing zone for power and renewable energy equipment at Mohasa - Babai, District Narmadapuram, Madhya Pradesh. The industrial land will be allotted to the company on lease for a period of 99 years for setting up an industrial unit for manufacturing of DC and AC cables. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Paramount Communications receives upgrade in LT rating for bank facilities

Paramount Communications announced that ICRA as upgraded the assigned long-term ratings to the unallocated bank limits of the Company from ICRA BBB- (Stable) to ICRA BBB (Stable). Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Paramount Communications consolidated net profit rises 4.31% in the September 2024 quarter

Net profit of Paramount Communications rose 4.31% to Rs 20.33 crore in the quarter ended September 2024 as against Rs 19.49 crore during the previous quarter ended September 2023. Sales rose 40.98% to Rs 355.89 crore in the quarter ended September 2024 as against Rs 252.44 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales355.89252.44 41 OPM %8.808.45 - PBDT31.8921.72 47 PBT29.1119.50 49 NP20.3319.49 4 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Paramount Communications to declare Quarterly Result

Paramount Communications will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Paramount Communications to hold AGM

Paramount Communications announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Paramount Communications consolidated net profit rises 74.12% in the June 2024 quarter

Net profit of Paramount Communications rose 74.12% to Rs 25.30 crore in the quarter ended June 2024 as against Rs 14.53 crore during the previous quarter ended June 2023. Sales rose 52.49% to Rs 321.06 crore in the quarter ended June 2024 as against Rs 210.54 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales321.06210.54 52 OPM %8.337.97 - PBDT28.6516.71 71 PBT25.9014.53 78 NP25.3014.53 74 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of Paramount Communications approves fund raising up to Rs 400 cr via QIP

The Board of Paramount Communications at its meeting held on 08 August 2024 has approved fund raising up to Rs 400 crore via issuance of equity / convertible securities by way of qualified institutional placement. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Paramount Communications to convene board meeting

Paramount Communications will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Paramount Communications - Targets Rs 1000 Crore Revenue With 9-10% Ebitda Margins In FY24: Anand Rathi

1 year agoBloomberg Quint

Paramount Communications consolidated net profit rises 422.63% in the December 2022 quarter

1 year agoBusiness Standard