TickerSutra

NSE: PARACABLES · BSE: 530555 · ISIN INE074B01023

Paramount Communications Limited stock analysis

Paramount Communications Limited ranks #3712 in the TickerSutra evidence-ranked universe with a score of 38/100 and 95% data confidence. The latest captured fundamentals show ROCE of 12.3%, quarterly sales growth of 17.4% and quarterly profit growth of 6.5%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE38/100

Avoid / exit review

#3712 of 5,430 ranked equities
Market capitalisation₹2,258.71cr
ROCE12.3%
Quarterly sales growth17.4%
Quarterly profit growth6.5%
P/E ratio37.1×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.16×
  • 34.1% three-year sales CAGR
  • Institutional ownership is rising
  • No promoter shares are reported as pledged

Risks and constraints

  • CFO/EBITDA is below 0.6×
  • Operating margin has compressed materially

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹580cr₹20cr₹8cr3.5%
2023₹794cr₹48cr₹48cr6.0%
2024₹1,068cr₹89cr₹86cr8.0%
2025₹1,574cr₹123cr₹87cr8.0%
2026₹1,913cr₹66cr₹60cr3.5%
TTM₹1,992cr₹86cr₹61cr4.3%
Debt / equity0.16×
CFO / EBITDA-0.58×
Operating margin4.3%
Free cash flow₹-91cr
Sales CAGR · 3Y34.1%
Profit CAGR · 3Y7.7%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts4 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Margin guidanceHigh severity · 1 mention
Constructive

Our problem has always been capacity and as we build capacity, we are very sure that we'll be there. Jigar Jani: Sure, and just a follow up on the margin guidance, you said that, we will be back to pre-tariff margins which is about 8% of EBITDA margins by ending quarter of this financial year, right? That is, that's our expectation because there has been some gradual improvement in the US market.

Export market updatesHigh severity · 2 mentions
Constructive

Our domestic power cables were around 57% of the total Q1 revenue, and this is more towards the higher margin B2B institutional business that we have been doing. Exports coming back to 29%+ versus 15% in Q4 of FY26 is also an indicator of the strong recovery which has started happening in the export market. And I think more or less we think that we are quite very well on track.

Management confidenceHigh severity · 2 mentions
Constructive

It's only the strength of our domestic pivot that we were able to close the year with a reasonable growth and a reasonable margin on the table. So we are confident that by the end of this year we should be achieving the FY25 levels in terms of margins. The factors that we can say broadly that will contribute to increasing these margins by 300 basis points plus roughly, should be the normalization of US exports, which

Margin expansionHigh severity · 5 mentions
Positive catalyst

Second is within the domestic market we have quite a favorable product mix. Our domestic power cables were around 57% of the total Q1 revenue, and this is more towards the higher margin B2B institutional business that we have been doing. Exports coming back to 29%+ versus 15% in Q4 of FY26 is also an indicator of the strong recovery which has started happening in the export market.

Export growthModerate severity · 1 mention
Positive catalyst

Prathamesh Sawant: Hi Sir, good afternoon and congratulations on a great set of numbers. Just one question from my end Sir, our exports although have grown strongly, it is still 30% of our orders, but our order book, I could not see strong growth in exports, any reason? Could you explain what is happening?

Capacity expansion plansModerate severity · 2 mentions
Positive catalyst

As a result, our net worth strengthened from INR 778 crores at the end of March '26 to INR 894 crores as of 30th June '26, with our debt-equity ratio remaining comfortable at 0.15x. On Narmadapuram, our greenfield project, this is going to be our third manufacturing facility located now in Madhya Pradesh this time, progress remains on track. Most of the critical plant and machinery has already been ordered.

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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