Paramount Communications
- Market cap
- ₹ 1,885 Cr.
- P/E
- 31x
- P/B
- 2.36x
- 52-week range
- 28.3 – 75.7
- ROE
- 8%
- ROCE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 0.16
- Sector
- Industrial Products
- Industry
- Cables - Electricals
- Listed on
- NSE, BSE
About
Paramount Communications Limited is an India-based wire and cable company. The Company is engaged in the manufacturing business of wires and cables comprising power cables, telecom cables, railway cables and specialized cables. Its segments include Wire and Cables, and Pipes. Its products include high-tension (HT) and low-tension (LT) power cables, HT and LT aerial bunch cables, control and instrumentation cables, optical fiber cables (OFC) and fiber-to-the-home (FTTH), jelly-filled cables, community antenna television (CATV) cables, signaling cables, axle counter cables, railway power cables, polytetrafluoroethylene (PTFE) cables, fire survival cables, solar cables, jumper wires, and multicore cable. The Company has manufacturing units in Khushkhera, Rajasthan and Dharuhera, Haryana. Its products are exported to Australia, Bangladesh, Chile, Ghana, Libya, Myanmar, Nigeria, Tanzania, the United Arab Emirates (UAE), the United Kingdom, the United States and Zambia, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Cables - Electricals: 26 companies →Paramount Communications against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)31 against a typical 22.9: pricier than most peers (1st = cheapest).19th of 26
- Sales growth+17.3% against a typical +38.5% from a year earlier.13th of 17
- Profit growth+11.1% against a typical +38.9% from a year earlier.10th of 15
- Share price, 3 months+3.3% against a typical +5.2%.14th of 24
- Size₹ 1,884.6 Cr. market value against a typical ₹ 1,468 Cr. (1st = largest).10th of 25
Latest announcements
Exchange filings and their impact on the company.
- Q2 revenue up 31% YoY to Rs 560 cr with PAT up 83% to Rs 24 cr on sharp margin recovery.
Paramount Communications reported Q2 FY27 standalone revenue of Rs 560.4 crore, up 31% from Rs 427.6 crore last year, with net profit of Rs 24.2 crore versus Rs 13.3 crore. For the half year, revenue was Rs 1089.8 crore with profit of Rs 43.9 crore and operating margins near 7% versus 3.5% last fiscal. The company also allotted 2.2 crore preferential shares at Rs 42 to non-promoters raising Rs 92.4 crore and 72 lakh warrants to promoters, with Rs 73.4 crore already utilized and Rs 26.7 crore parked in mutual funds.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB by ICRA- CRISIL lowered its rating on 6 Jan 2026.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BBB /[ICRA]A3+ | Stable | 14 Jul 2026 |
| CRISIL | Withdrawn | — | 29 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Jul 2026 | Reaffirmed | [ICRA]BBB Rating Watch with Negative Implications → [ICRA]BBB /[ICRA]A3+ | — | ICRA | ₹ 150 Cr. | |
| 29 Jan 2026 | Withdrawn | — | — | CRISIL | ₹ 150 Cr. | |
| 6 Jan 2026 | ▼ Downgrade | Crisil BBB- | — | CRISIL | ₹ 150 Cr. | |
| 25 Sep 2025 | Rating action | [ICRA]BBB Rating Watch with Negative Implications | — | ICRA | ₹ 150 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Paramount CommunicationsAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 22 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 May 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 12 Feb 2026 | Financial Results | To consider and approve the Un-Audited Financial Results for the Third Quarter and Nine Months ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 252 | 284 | 323 | 321 | 356 | 392 | 507 | 451 | 428 | 461 | 573 | 529 |
| Expenses | 231 | 260 | 296 | 294 | 325 | 358 | 475 | 436 | 422 | 446 | 543 | 495 |
| Operating Profit | 21 | 24 | 27 | 27 | 31 | 34 | 32 | 15 | 6 | 15 | 30 | 35 |
| OPM % | 8% | 8% | 8% | 8% | 9% | 9% | 6% | 3.4% | 1.4% | 3.3% | 5% | 7% |
| Other Income | 2 | 2 | 3 | 3 | 2 | 4 | 2 | 18 | 20 | 5 | 9 | 3 |
| Interest | 1 | 1 | 1 | 1 | 2 | 4 | 5 | 4 | 4 | 6 | 8 | 7 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 20 | 22 | 26 | 26 | 29 | 31 | 25 | 25 | 18 | 10 | 27 | 27 |
| Tax % | 0% | 0% | −14% | 2% | 30% | 26% | 26% | 27% | 26% | 28% | 25% | 26% |
| Net Profit | 19 | 22 | 29 | 25 | 20 | 23 | 19 | 18 | 13 | 7 | 21 | 20 |
| EPS in Rs | 0.82 | 0.79 | 0.97 | 0.83 | 0.67 | 0.74 | 0.61 | 0.61 | 0.43 | 0.25 | 0.67 | 0.65 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 20%
- 5 Years
- 30%
- 3 Years
- 34%
- TTM
- 17%
- 10 Years
- 10%
- 5 Years
- 81%
- 3 Years
- 8%
- TTM
- −24%
- 10 Years
- 33%
- 5 Years
- 38%
- 3 Years
- 5%
- TTM
- —
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Paramount Communications | ₹ 63.70 | ₹ 1,885 Cr. | 31x | 2.4x | 8% | — |
| HFCL | ₹ 240.45 | ₹ 36,803 Cr. | 100.1x | 6.7x | 7% | 6.7% |
| ITI | ₹ 215.45 | ₹ 20,719 Cr. | — | 14.4x | 16.6% | 13.4% |
| Tejas Networks | ₹ 410.00 | ₹ 7,297 Cr. | — | 3.3x | −26.8% | −82.4% |
| Avantel | ₹ 136.55 | ₹ 3,606 Cr. | 308.2x | 13.4x | — | 7.1% |
| Vindhya Telelinks | ₹ 2,478.30 | ₹ 2,894 Cr. | 9.6x | 0.5x | 5.3% | 6.1% |
Management
- Sanjay Aggarwal
- Executive Chairman of the Board, Chief Executive Officer
- Shambhu Kumar Agarwal
- Chief Financial Officer
- Dhruv Aggarwal
- President - Strategy
- Parth Aggarwal
- President - Marketing
- Tushar Aggarwal
- President - Operations
- Narendra Kumar Gupta
- President - Accounts & Finance
- Praveen Kumar Gupta
- President - Corporate Affairs
- Rashi Goel
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.