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Paramount Communications Limited
(PARACABLES)
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Rating:60Neutral
Price Target:
₹69.00
▲(11.99% Upside)
Action:Reiterated
Date:10/28/26
The score is held back primarily by financial performance risks—especially inconsistent and recently negative operating/free cash flow, plus profit and margin pressure and higher debt—despite strong revenue growth and an expanded equity base. Technicals are supportive with the stock trading above key moving averages and positive momentum indicators. Valuation is a modest headwind given the higher P/E and no dividend yield data.
Positive Factors
Strong Revenue Growth
The substantial multi-year increase in revenue indicates that Paramount has expanded its business scale and captured demand across its cable markets. Larger sales provide a stronger platform for operating leverage, customer development, and future earnings growth if profitability conversion improves.
Negative Factors
Weak Cash Conversion
Negative operating and free cash flow indicate that reported business activity is not currently converting reliably into cash. Persistent cash outflows can increase reliance on borrowing or other funding, constrain investment flexibility, and reduce the company’s ability to absorb weaker operating conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The substantial multi-year increase in revenue indicates that Paramount has expanded its business scale and captured demand across its cable markets. Larger sales provide a stronger platform for operating leverage, customer development, and future earnings growth if profitability conversion improves.
Read all positive factors
Paramount Communications Limited (PARACABLES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹20.09B
Dividend YieldN/A
Average Volume (3M)187.51K
Price to Earnings (P/E)26.6
Beta (1Y)1.97
Revenue Growth19.48%
EPS Growth-3.87%
CountryIN
Employees308
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)1.96
Shares Outstanding327,239,470
10 Day Avg. Volume429,809
30 Day Avg. Volume187,513
Financial Highlights & Ratios
PEG Ratio-0.47
Price to Book (P/B)1.12
Price to Sales (P/S)0.46
P/FCF Ratio-7.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Paramount Communications Limited Business Overview & Revenue Model
Company Description
Paramount Communications Limited, along with its affiliated companies, is an Indian enterprise specializing in the production and distribution of an extensive array of wires and cables to both public and private sector clients across India. Their ...
How the Company Makes Money
PARACABLES makes money primarily by manufacturing and selling wires and cables to customers such as utilities, industrial companies, infrastructure/EPC contractors, real-estate and commercial builders, and distributors/retail channels (exact custo...
Paramount Communications Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.13B | 15.76B | 10.57B | 7.83B | 5.74B |
| Gross Profit | 4.11B | 3.56B | 2.62B | 2.13B | 1.17B |
| EBITDA | 1.17B | 1.34B | 972.63M | 642.02M | 241.59M |
| Net Income | 597.50M | 869.70M | 856.32M | 477.68M | 82.05M |
Balance Sheet | |||||
| Total Assets | 11.29B | 9.08B | 8.27B | 5.04B | 4.81B |
| Cash, Cash Equivalents and Short-Term Investments | 331.10M | 233.74M | 603.01M | 279.94M | 13.87M |
| Total Debt | 1.23B | 332.25M | 1.03B | 1.60B | 1.87B |
| Total Liabilities | 3.51B | 1.91B | 2.00B | 2.09B | 2.79B |
| Stockholders Equity | 7.78B | 7.17B | 6.26B | 2.95B | 2.02B |
Cash Flow | |||||
| Free Cash Flow | -1.09B | 437.05M | -1.53B | 21.48M | 117.79M |
| Operating Cash Flow | -564.20M | 1.04B | -1.01B | 110.96M | 146.44M |
| Investing Cash Flow | -527.90M | -12.18M | -958.24M | -163.44M | -10.71M |
| Financing Cash Flow | 906.00M | -840.53M | 1.83B | 218.35M | -194.52M |
Paramount Communications Limited Technical Analysis
Positive
61.61
Price Trends
61.22
Positive
63.84
Positive
52.34
Positive
Market Momentum
0.93
Negative
59.52
Neutral
67.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PARACABLES, the sentiment is Positive. The current price of 61.61 is above the 20-day moving average (MA) of 59.25, above the 50-day MA of 61.22, and above the 200-day MA of 52.34, indicating a bullish trend. The MACD of 0.93 indicates Negative momentum. The RSI at 59.52 is Neutral, neither overbought nor oversold. The STOCH value of 67.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PARACABLES.
Paramount Communications Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹354.03B | 40.29 | ― | 0.09% | 101.01% | 2852.77% | |
60 Neutral | ₹20.09B | 26.61 | ― | ― | 19.48% | -3.87% | |
56 Neutral | ₹9.48B | 20.49 | ― | 0.39% | 28.14% | 656.79% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹425.43B | 54.17 | ― | 0.65% | 63.47% | ― | |
48 Neutral | ₹1.13B | -57.67 | ― | 1.03% | 28.92% | 92.91% | |
47 Neutral | ₹71.48B | -8.83 | ― | 0.60% | -70.27% | -100.11% |
* General Sector Average
IN:PARACABLES
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61.38
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Paramount Communications Limited Corporate Events
Paramount Communications Plans Virtual Analyst and Investor Meet on September 29
Sep 24, 2026
Paramount Communications Limited has scheduled a virtual group meeting with analysts and institutional investors on September 29, 2026, organized by Arihant Capital under the Bharat Connect Conference. The interaction will be conducted through an ...
Paramount Communications Sets September 26 Virtual AGM, Confirms Audit and Board Resolutions
Sep 3, 2026
Paramount Communications Limited has scheduled its 32nd Annual General Meeting for September 26, 2026, to be held via video conferencing and other audio-visual means, with remote e-voting available to shareholders ahead of the meeting. The AGM wil...
Paramount Opens One-Year SEBI-Mandated Window to Dematerialise Legacy Physical Shares
Aug 19, 2026
Paramount Communications Limited has informed shareholders that, in line with a recent SEBI circular, it has opened a special one-year window from 5 February 2026 to 4 February 2027 for the transfer and dematerialisation of physical shares. The fa...
Paramount Communications Publishes Q1 FY27 Investor Call Recording
Aug 17, 2026
Paramount Communications Limited has released the audio recording of its investor conference call discussing unaudited financial results for the first quarter ended June 30, 2026. The call, held on August 17, 2026, follows board approval of the qu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.