Paramount Communications Ltd
PARACABLESParamount Communications Ltd
PARACABLES
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
BadThe stock is in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 25.97 | 4.03 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.33 | 7.40 | 0.53% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersKEI Industries Ltd
Motherson Sumi Wiring India Ltd
Finolex Cables Ltd
R R Kabel Ltd
DCX Systems Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 311.81 | 407.26 | 464.25 | 617.77 | 608.89 | 521.77 | 584.68 | 812.72 | 1,078.56 | 1,294.34 | ||||||||||
Raw Materials | 267.84 | 253.29 | 358.18 | 501.96 | 490.93 | 397.29 | 459.27 | 586.12 | 846.49 | 1,175.31 | ||||||||||
| Power & Fuel Cost | 9.06 | 9.63 | 11.64 | 13.72 | 13.21 | 10.63 | 12.35 | 11.34 | 17.47 | |||||||||||
| Employee Cost | 13.13 | 14.83 | 15.96 | 17.14 | 21.17 | 19.71 | 22.94 | 21.49 | 27.02 | |||||||||||
| Selling & Administrative Expenses | 21.03 | 17.84 | 28.46 | 34.77 | 34.30 | 25.53 | 34.50 | 88.46 | 75.28 | |||||||||||
| Operating & Other expenses | 42.24 | 67.77 | 21.61 | 4.40 | 1.37 | 49.39 | 31.46 | 41.11 | 15.04 | |||||||||||
EBITDA | -41.49 | 43.90 | 28.40 | 45.78 | 47.91 | 19.22 | 24.16 | 64.20 | 97.26 | 119.03 | ||||||||||
| Depreciation/Amortization | 8.58 | 9.69 | 9.23 | 8.64 | 11.05 | 9.07 | 9.54 | 9.26 | 9.38 | 10.51 | ||||||||||
| PBIT | -50.07 | 34.21 | 19.17 | 37.14 | 36.86 | 10.15 | 14.62 | 54.94 | 87.88 | 108.52 | ||||||||||
| Interest & Other Items | 73.79 | 19.58 | 4.48 | 7.98 | 10.52 | 7.05 | 6.41 | 7.18 | 5.91 | 5.57 | ||||||||||
| PBT | -123.86 | 14.63 | 14.69 | 29.16 | 26.34 | 3.10 | 8.21 | 47.76 | 81.97 | 102.95 | ||||||||||
| Taxes & Other Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.65 | 5.81 | ||||||||||
| Net Income | -123.86 | 14.63 | 14.69 | 29.16 | 26.34 | 3.10 | 8.21 | 47.76 | 85.62 | 97.14 | ||||||||||
| EPS | -9.89 | 1.17 | 1.10 | 1.85 | 1.48 | 0.16 | 0.42 | 2.46 | 3.44 | 3.20 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
IndustrialsCables
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Paramount Communications Ltd | 29.46 | 4.03 | — |
| KEI Industries Ltd | 75.02 | 13.84 | 0.07% |
| Motherson Sumi Wiring India Ltd | 45.13 | 17.18 | 1.23% |
| Finolex Cables Ltd | 30.62 | 4.03 | 0.61% |
Price Comparison
Compare PARACABLES with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 5.41%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 4.90%
Shareholding Pattern
Jan 2024
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
PARACABLES has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeParamount 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
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
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
Paramount Communications will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live
Paramount Communications announced that the Annual General Meeting (AGM) of the company will be held on 19 September 2024.Powered by Capital Market - Live
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
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
Paramount Communications will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
Paramount Communications - Targets Rs 1000 Crore Revenue With 9-10% Ebitda Margins In FY24: Anand Rathi
Paramount Communications consolidated net profit rises 422.63% in the December 2022 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.79%, vs industry avg of 9.14%
Decreasing Market Share
Over the last 5 years, market share decreased from 5.18% to 2.96%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 24.04%, vs industry avg of 12.1%