PARACABLESIndustrials

Paramount Communications Limited

Cables - Electricals · ISIN INE074B01023 · BSE 530555 · NSE EQ · FV ₹2
Last price
₹61
-0.21%today
What this company does

Paramount Communications Limited operates in Cables - Electricals, part of the Industrials sector. It booked ₹529 cr of revenue in its latest quarter (Q1 FY27) and kept 3.7% of sales as profit. It is the 9th largest of 9 Cables - Electricals companies we track, by market value.

Paramount Communications Limited is one of India’s leading wire & cable manufacturing companies.
Their stated vision

is to not just power India’s infrastructure, but to do so with integrity, awareness, and a sense of shared purpose.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns52

How much profit it earns on the money it employs

Balance sheet65

How much it owes, and whether earnings cover the interest

Cash quality37

Whether reported profit actually arrives as cash

Growth & consistency75

Whether sales and profit have grown, and how steadily

Valuation49

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 17% vs last year
Profit up 6% vs last year
Promoters hold 46%
No promoter shares pledged
Watch-outs
! Thin 3.7% net margin
! Operating cash flow is negative

What if I invest in PARACABLES?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹61 -0.21%
latest close · 2026-09-17
1-year return
+391.5%
52-wk low ₹1052-wk high ₹72
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio23.7Average
LowAverageHigh
P/B ratio2.38Moderate
Below bookModerateHigh
EV / EBITDA13.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.1%Fair
WeakFairStrong ▸15%
Return on capital16.8%Strong
WeakFairStrong
Net margin3.7%Thin
ThinDecentStrong
EBITDA margin7.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover4.9×Okay
RiskyOkayStrong ▸5×
Current ratio2.42Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,853 cr
Book value
₹25
EPS
₹0.64
latest quarter
Net debt
₹111 cr
owes more than its cash
Enterprise value
₹1,964 cr
EBITDA
₹151 cr
annualised
EBIT
₹134 cr
annualised
Operating margin
6.3%
Return on assets
7.0%
Earnings yield
4.22%
P/S
0.87
Sales / share
₹69.4
Tax rate
25.8%
Face value
₹2
Shares
30.5 cr
Working capital
₹476 cr
Current assets
₹812 cr
Current liabilities
₹336 cr
Delivery %
49.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹18₹27, midpoint ₹23

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹529 cr
Other Income₹3 cr
Total Income₹532 cr
Cost of Materials₹428 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-29 cr
Employee Benefit Expense₹11 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹84 cr
Total Expenses₹506 cr
Profit before Tax₹27 cr
Tax Expense₹7 cr
Net Profit₹20 cr
Net margin on total income3.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹400 cr75.1%
Employee benefit expense₹11 cr2.1%
Finance costs₹7 cr1.3%
Depreciation & amortisation₹4 cr0.8%
Other expenses₹84 cr15.7%
Tax expense₹7 cr1.3%
Profit for the period₹20 cr3.7%
Total income ₹532 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue461 cr573 cr529 cr
Total income466 cr582 cr532 cr
Expenses455 cr555 cr506 cr
Profit before tax10 cr27 cr27 cr
Tax3 cr7 cr7 cr
Net profit (owners' share)7 cr21 cr20 cr
Net margin (owners' share, on revenue)1.6%3.6%3.7%
EPS (₹)0.250.670.64
YoY (latest quarter): total income +13.6% · net profit +6.5%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹1,129 cr
Shareholder equity
₹778 cr
parent shareholders
Total debt
₹116 cr
Cash
₹5 cr
Cash flow · H1 FY26
Operating
₹-56 cr
Investing
₹-24 cr
Financing
₹61 cr
Peer comparison
Cables - Electricals · by market value
CompanyPriceMarket capP/E
Polycab India Limited₹8,209₹1.24 L cr39.4
KEI Industries Limited₹4,560₹43,594 cr39.7
R R Kabel Limited₹2,391₹27,060 cr32.9
Finolex Cables Limited₹1,396₹21,349 cr21.4
Universal Cables Limited₹1,439₹4,992 cr17.8
Laser Power & Infra Limited₹269₹3,095 cr37.4
Dynamic Cables Limited₹442₹2,144 cr21.5
Quadrant Future Tek Limited₹522₹2,086 cr
Paramount Communications Limitedthis company₹61₹1,853 cr23.7
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-07-04
No pledge
Promoter
45.9%
FII / Foreign
0.5%
DII / Domestic
4.1%
Retail / others
49.6%
Promoter stake down 3.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSandeep Aggarwal · Promoters20,000 · ₹6.6 L23 Mar 26
BoughtSanjay Aggarwal · Promoters4,724 · ₹1.6 L23 Mar 26
BoughtSandeep Aggarwal · Promoters18,104 · ₹6.0 L17 Mar 26
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE18.96 L @ ₹95.3113 Sep 24
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE18.96 L @ ₹95.313 Sep 24
SoldGRAVITON RESEARCH CAPITAL LLP · NSE19.63 L @ ₹89.0326 Aug 24
Stake changes
BoughtSandeep Aggarwal along with pac · promoter→ 49.18% · 20,00023 Mar 26
BoughtSanjay Aggarwal along with pac · promoter→ 49.18% · 4,72423 Mar 26
BoughtSanjay Aggarwal along with pac · promoter→ 49.17% · 15,27617 Mar 26
Promoter pledges
ReleasedInvent asset securities ation & Reconstruction private Ltd8.12 L · 0.27% held13 Sep 24
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
To consider and adopt the Annual Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025 including the Balance Sheet as on March 31, 2025, the statement of Profit and Loss and the Cash Flow Statement for the financial year ended on that date and the reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
92.37 L votes for, 7,295 against · 0% of mutual funds and other big investors said no
2
To re-appoint Sh. Sanjay Aggarwal (DIN: 00001788), who retires by rotation and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
92.35 L votes for, 8,792 against · 0% of mutual funds and other big investors said no
3
To approve the continuation of Mr. Vijay Maheshwari (DIN: 00216687) as Non-Executive Independent Director of the Company, who shall attain the age of Seventy-Five (75) years
Backed by 100% of shareholders other than promotersneeded 75%
92.35 L votes for, 8,922 against · 0% of mutual funds and other big investors said no
4
To approve the appointment of Mr. Abhishek Mittal, a proprietor of M/s. Abhishek Mittal & Associates, Peer reviewed Practicing Company Secretaries, as Secretarial Auditor of the Company for a term of 5 (Five) consecutive years
Backed by 100% of shareholders other than promotersneeded 50%
92.35 L votes for, 8,771 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 14 named members
owning 45.9% between them · as of 2026-07-04
Hertz Electricals (International) Pvt. Ltd.14.21%
Paramount Telecables Limited11.84%
Sanjay Aggarwal4.37%
Sandeep Aggarwal4.35%
Shashi Aggarwal2.98%
Kamla Aggarwal2.56%
Archana Aggarwal2.40%
Sanjay Aggarwal HUF-Karta -Sanjay Aggarwal0.91%
Business done with them
FY2025 · 3 of the group
The company paid ₹0 cr to companies in the promoter group last year — about 0.0% of its ₹1,576 cr revenue.
Sandeep Aggarwal
Description Of Nature Of Related Party Relationship · Loan received and repaid to Directors, Interest paid on loan, Remuneration
also owns 4.35% of the company
₹0 L
company received
Sanjay Aggarwal
Description Of Nature Of Related Party Relationship · Loan repaid to Directors, Interest paid on loan Remuneration.
also owns 4.37% of the company
₹0 L
company received
Paramount Telecables Limited
Description Of Nature Of Related Party Relationship · Lease Liability Repayment and Lease Interest cost, Loan received and repaid, interest paid on loan, refund of security deposit
also owns 11.84% of the company
₹0 L
company received

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.