PARAGON

Paragon Fine and Speciality Chemical Limited

Listed company · ISIN INE0N4G01012 · NSE SM · FV ₹10
Last price
₹49
-2.87%today
What this company does

Paragon Fine and Speciality Chemical Limited is a listed company. It booked ₹110 cr of revenue in its latest year (FY26) and kept 8.2% of sales as profit.

54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 609–2,885 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)
47

At close. Not part of the score.

Profitability & returns41

How much profit it earns on the money it employs

Balance sheet90

How much it owes, and whether earnings cover the interest

Cash quality40

Whether reported profit actually arrives as cash

Valuation12

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 75%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in PARAGON?

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 We do not publish price targets or predict returns.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 full year + price
₹49▼ -2.87%
latest close · 2026-10-01
52-wk low ₹4648 sessions so far52-wk high ₹65
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 ratio10.6Low
LowAverageHigh
P/B ratio1.22Moderate
Below bookModerateHigh
EV / EBITDA7.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.5%Fair
WeakFairStrong ▸15%
Return on capital12.3%Fair
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin11.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.01Comfortable
LowModerateHigh ▸1
Interest cover82.4×Strong
RiskyOkayStrong ▸5×
Current ratio9.86Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹96 cr
Book value
₹40
EPS
₹4.62
latest full year
Net debt
₹-1 cr
more cash than debt
Enterprise value
₹94 cr
EBITDA
₹12 cr
latest full year
EBIT
₹12 cr
latest full year
Operating margin
11.2%
Return on assets
8.4%
Earnings yield
9.42%
P/S
0.87
Sales / share
₹56.2
Tax rate
25.5%
Face value
₹10
Shares
2.0 cr
Working capital
₹72 cr
Current assets
₹80 cr
Current liabilities
₹8 cr
Delivery %
77.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are from the latest full-year results; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹23 vs market price ₹49 — price is 115% above it
Safety cushion-114.8%(target ≥ +20%)
Models span ₹22–₹24, midpoint ₹23
Model ₹23
Price ₹49
Cheap sideExpensive side

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 · FY26 (consolidated)
Revenue from Operations₹110 cr
Other Income₹90.5 L
Total Income₹111 cr
Cost of Materials₹55 cr
Purchases of Stock-in-Trade₹21 cr
Inventory Change (±)₹-32.3 L
Employee Benefit Expense₹7 cr
Finance Costs₹14.9 L
Other Expenses₹15 cr
Total Expenses₹99 cr
Profit before Tax₹12 cr
Tax Expense₹3 cr
Net Profit₹9 cr
Net margin on total income8.2%
Where the money goes · FY26
% of total income
Materials + stock-in-trade₹76 cr68.3%
Employee benefit expense₹7 cr6.3%
Finance costs₹14.9 L0.1%
Other expenses₹16 cr14.4%
Tax expense₹3 cr2.8%
Profit for the period₹9 cr8.2%
Total income ₹111 cradds up to ₹100 ✓
Annual results · consolidated (₹ cr)
MetricFY25FY26
Revenue116 cr110 cr
Total income117 cr111 cr
Expenses109 cr99 cr
Profit before tax8 cr12 cr
Tax2 cr3 cr
Net profit (owners' share)6 cr9 cr
Net margin (owners' share, on revenue)5.1%8.2%
EPS (₹)3.024.62
YoY (latest year): total income -5.3% · net profit +52.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹108 cr
Shareholder equity
₹79 cr
parent shareholders
Total debt
₹1 cr
Cash
₹3 cr
Cash flow · H1 FY25
Operating
₹-7 cr
Investing
₹-45.1 L
Financing
₹-3 cr
Who owns it · 2026-03-31
No pledge
Promoter
74.9%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
25.1%
Promoter stake up 0.1% over the last 4 quarters.
What shareholders were asked to approve

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 · 17 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended on March 31, 2026 and the Report of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
15,600 votes for, 0 against
2
To Appoint a director in place of Mr. Shivam Kishorbhai Patolia (DIN: 10030825) who retires by rotation and, being eligible, offers himself for re-appointment
Backed by 100% of shareholders other than promotersneeded 50%
15,600 votes for, 0 against
3
Ratification of the remuneration of the Cost Auditor for financial year 2026-27 and in this regard, to pass with or without modification(s) the following resolution as an Ordinary Resolution
Backed by 100% of shareholders other than promotersneeded 50%
15,600 votes for, 0 against
4
To regularize and appoint Ms. Chetna Rahul Vyas (DIN: 10745894) as an Independent Director of the Company for a term of 5 consecutive years
Backed by 100% of shareholders other than promotersneeded 50%
15,600 votes for, 0 against

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 — 10 named members
owning 74.9% between them · as of 2026-03-31
PRAVINCHANDRA JASMAT VASOLIA25.26%
KISHOR PANCHABHAI PATOLIA16.35%
VALLABHBHAI RATNAJI SAVALIYA11.98%
SHIVAM KISHORBHAI PATOLIA6.13%
RUTESH VALLABHBHAI SAVALIA6.00%
ZANKAR VALLABHBHAI SAVALIA5.99%
NITABEN PRAVINCHANDRA VASOLIA0.96%
BANSARI KISHORBHAI PATOLIA0.74%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹52 cr raised in Oct 2023 by selling shares to the public

As of Mar 2026, the company says it has spent 98% of what it set aside, leaving ₹1 cr still to be spent.

Funding capital expenditure towards civil construction work in the existing premises of factory
100%
₹1 cr of ₹1 cr
Repayment in full or in part, of certain of our outstanding borrowings
100%
₹13 cr of ₹13 cr
Funding Capital Expenditure towards installation of additional plant and machinery for Expansion
84%
₹7 cr of ₹8 cr
Funding to meet working capital requirements
100%
₹13 cr of ₹13 cr
General Corporate Purpose
100%
₹12 cr of ₹12 cr
Issue related expenses
100%
₹5 cr of ₹5 cr
Spent by quarter: 92% → 98% (to Mar 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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