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Paramount Communications

PARACABLES
Small Cap
(%) 1D
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1D1W1M3M6M1YMAX

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Paramount Communications Share price and Fundamental Analysis

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Paramount Communications Ltd, a part of the Paramount group of companies, is one of leading cable manufacturing companies in India. The company is engaged in manufacturing power and communication cables. They provide complete cabling solutions to almost all the sectors of the economy, such as power, telecom and information technology, railways, petrochemicals and industrial sector. The company has two manufacturing units located at Dharuhera in Haryana and Khushkhera in Rajasthan.
Company Incorporation1994
ChairmanSanjay Agrawal
Head QuartersNew Delhi
Previous NameNA

Key Metrics

Market Cap (Cr)
1,433.65
PE Ratio
14.69
Industry P/E
45.4
PEG Ratio
1.57
ROE
14.39%
ROCE
15.56%
ROA
11.77%
Total Debt (Cr)
22.41
Debt to Equity
0.03
Dividend Yield
0%
EPS
3.2
Book Value & P/B
22.13 x 2.12
Face Value
2
Outstanding Shares(Cr)
30.5
Current Ratio
4.71
EV to Sales
1.03

Included In

+More

Stock Returns

1 Week-3.04%
1 Month+0.47%
6 Months-33.24%
1 Year-33.89%
3 Years+333.03%
5 Years+667.48%

CAGR

1 Year CAGR

Revenue Growth

+34.42%

Net Profit Growth

+79.27%

Operating Profit Growth

+51.49%

Dividend Growth

N/A

Stock Returns CAGR

-36.51%
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Mar 25

Promoters : 49.06%

FIIs : 0.82%

DIIs : 0.00%

Public : 50.11%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 0.08% to 0.82% in March 2025 Qtr
DII Shareholding Decreased by 0.01% to 0.0% in March 2025 Qtr

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ROE

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ROCE

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ROA

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Paramount Communications Management and History

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Company History

Paramount Communications Ltd, a part of the Paramount group of companies, is one of leading cable manufacturing companies in India. The company is engaged in manufacturing power and communication cables. They provide complete cabling solutions to almost all the sectors of the economy, such as power, telecom and information technology, railways, petrochemicals and industrial sector. The company has two manufacturing units located at Dharuhera in Haryana and Khushkhera in Rajasthan.

The company offers power cables, including high tension power cables, low tension power cables, aerial bunch cables, control and instrumentation cables, thermocouple extension and compensating cables, and battery and energy cables. They also offer railway cables, including underground railway signaling cables and quad axle counter cables, optical fiber cables, and specialized instrumentation cables for underground and elevated metro projects. In addition, the company offers telecom cables, such as optical fiber cables for telecommunications; direct to home optical fiber cables for cable television; polythene insulated jelly filled cables and aerial self supporting cables for subscriber distribution networks; installation cables for digital exchanges; co-axial cables for signal distribution; and data transmission and computer cables.

Paramount Communications Ltd was incorporated in the year 1978 as a partnership firm under the name & Style of Paramount Cable Corporation and was promoted by Shyam Sunder Aggarwal. The company started supplying telecom cables to the Department of Telecommunications and in the year 1980, they diversified into manufacturing of power cables. In September 5, 1994, the company became a public limited company. In April 1995, the company came out with public issue for setting up a unit for the manufacture of jelly filled telephone cable with installed capacity of 600,000 conductor kilometers. In the year 1998-99, the company received ISO 9002 Certificate for their Delhi Unit. During the year 1999-2000, Paramount Wires & Cables Ltd became a subsidiary of the company. Also, they acquired Category 'A' National Interest Service provider license during the year.

During the year 2000-01, the company shifted their manufacturing unit at Prahladpur, Delhi to RICCO Industrial Area, Khushkhera, in Rajasthan. Also, they added 1447000 KM capacity of manufacturing Jelly Filled Telecom Cables in Khushkhera unit. In May 2001, the company increased the capacity of the Dharuhera unit from 3562000 KM to 3852000 KM per annum.

During the year 2001-02, the company started commercial production ar Khushkhera unit in Rajasthan. The subsidiary company Paramount Wires & Cables Ltd has issued fresh 250000 equity shares of Rs 10 each as on March 31, 2002. After induction of fresh capital of Rs 25.00 lakh, the level of holding of the company declined from 51% to 49%. Therefore, Paramount Wires and Cables Ltd ceased to be a subsidiary company.

During the year 2002-03, the company achieved ISO 14001:2000 certification for their Dharuhera plant and during the year 2003-04, they ISO 14001:2000 certification for their Khushkhera plant. During the year 2004-05, the company formed a wholly owned subsidiary M/s Paramount Gulf FZE in Dubai, UAE with an investment of USD 50,000 is to deal and trade in various commodities and to explore opportunities for export of various types of cables being manufactured by the company.

During the year 2005-06, the company expanded their LT production capacity from 20,000 km to 25,000 km per annum. Also, they imported their major raw materials with nil custom duty to manufacture telecom cables resulting in good saving in raw material cost. During the year 2006-07, the company completed their first phase of expansion project. They commissioned 1,500 KM per annum HT power cable capacity at their Dharuhera unit.

During the year 2007-08, the company completed their second phase of expansion project and started commercial production in February 2008. After completion of second phase expansion, the installed capacity for power cables increased to 58,500 KM per annum which includes all types of electric cables.

During the year, Paramount Holdings Ltd, Cyprus became a wholly owned subsidiary of the company. The company through their subsidiary, Paramount Holdings Ltd, Cyprus acquired AEI Cables Ltd, United Kingdom, which is having their manufacturing facility at Birtley, New Castle. Also, Paramount Gulf FZE, UAE ceased to be subsidiary of the company with effect from December 31, 2007 upon their winding up with the Ajman Free Zone Authority, UAE.

The company acquired 25 acres of land opposite to the existing plant of the company located in the Khushkhera Industrial Area, Rajasthan. In that land, the company is planning to set up third phase of expansion project for additional capacities of 35000 KM per annum of LT Power cables and 2500 KM per annum of HT Power cables. The said project is expected to be operational by the mid of the financial year 2008-09.

The company entered into the vibrant domestic wires market with a range of cables that offer an environmentally friendly Lead Free, Zero Halogen, Low Smoke option. Also, the company decided to change the name of the company from Paramount Communications Ltd to Paramountcables Infratech Ltd.

Paramount Communications Share Price

Paramount Communications share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Paramount Communications Market Cap

Market capitalization of Paramount Communications indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Paramount Communications is valued compared to its competitors.

Paramount Communications PE Ratio

Paramount Communications PE ratio helps investors understand what is the market value of each stock compared to Paramount Communications 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Paramount Communications PEG Ratio

The PEG ratio of Paramount Communications evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Paramount Communications ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Paramount Communications generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Paramount Communications ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Paramount Communications in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Paramount Communications Total Debt

Total debt of Paramount Communications shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Paramount Communications Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Paramount Communications compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Paramount Communications CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Paramount Communications over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Paramount Communications Technical Analysis

Technical analysis of Paramount Communications helps investors get an insight into when they can enter or exit the stock. Key components of Paramount Communications Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Paramount Communications shares often struggle to rise above due to selling pressure.

Paramount Communications Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Paramount Communications ’s financial health and profitability.

Paramount Communications Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Paramount Communications Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Paramount Communications Financials

The financials of Paramount Communications provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Paramount Communications Profit and Loss Statements

The profit and loss statement of Paramount Communications highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Paramount Communications .

Paramount Communications Balance Sheet

The balance sheet presents a snapshot of Paramount Communications ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Paramount Communications Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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