Want to see IN:PARACABLES full AI Analyst Report?
Top Page
Paramount Communications Limited
(PARACABLES)
Select Model
Select Model
Rating:55Neutral
Price Target:
₹67.00
▲(8.75% Upside)
Action:Reiterated
Date:09/06/26
The score is mainly held back by weak and volatile cash generation (negative operating and free cash flow in FY2026) and margin/profitability deterioration in the latest year, compounded by a meaningful increase in debt. Technicals show a supportive longer-term trend but weakening near-term momentum, while valuation (P/E ~32.8) looks demanding given the recent profit and cash flow pressure.
Positive Factors
Revenue Scale and Growth
The substantial multi-year revenue increase indicates that Paramount has expanded its commercial scale and captured demand across its cable markets. A larger revenue base can support operating leverage, broader customer reach, and continued investment in products and capacity over the next several quarters.
Negative Factors
Volatile Cash Generation
Negative operating and free cash flow in FY2026 shows that reported sales and earnings are not consistently converting into internally generated funds. Repeated cash-flow swings can increase reliance on external funding, constrain investment flexibility, and make financial performance more sensitive to working-capital or investment requirements.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scale and Growth
The substantial multi-year revenue increase indicates that Paramount has expanded its commercial scale and captured demand across its cable markets. A larger revenue base can support operating leverage, broader customer reach, and continued investment in products and capacity over the next several quarters.
Read all positive factors
Paramount Communications Limited (PARACABLES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹21.46B
Dividend YieldN/A
Average Volume (3M)120.74K
Price to Earnings (P/E)32.7
Beta (1Y)1.90
Revenue Growth16.77%
EPS Growth-24.12%
CountryIN
Employees308
SectorGeneral
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)1.96
Shares Outstanding327,239,470
10 Day Avg. Volume137,291
30 Day Avg. Volume120,738
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
Paramount Communications Limited primarily makes money by manufacturing and selling wires and cables to customers across infrastructure, utilities, industrial, and commercial end markets. Key revenue streams typically include (1) sale of power cab...
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
65.28
Positive
60.90
Positive
48.42
Positive
Market Momentum
-0.12
Negative
54.51
Neutral
67.29
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 below the 20-day moving average (MA) of 63.98, below the 50-day MA of 65.28, and above the 200-day MA of 48.42, indicating a bullish trend. The MACD of -0.12 indicates Negative momentum. The RSI at 54.51 is Neutral, neither overbought nor oversold. The STOCH value of 67.29 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 |
|---|---|---|---|---|---|---|---|
61 Neutral | ₹354.18B | 60.27 | ― | 0.08% | 58.66% | 1518.05% | |
59 Neutral | ₹385.51B | 150.32 | ― | 0.65% | 18.90% | ― | |
56 Neutral | ₹11.26B | 24.44 | ― | 0.35% | 28.14% | 656.79% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹21.46B | 32.70 | ― | ― | 16.77% | -24.12% | |
50 Neutral | ₹109.31B | -11.91 | ― | 0.41% | -82.05% | -593.40% | |
48 Neutral | ₹1.21B | -61.92 | ― | 1.03% | 28.92% | 92.91% |
* General Sector Average
IN:PARACABLES
Paramount Communications Limited
65.55
18.60
39.62%
IN:AKSHOPTFBR
Aksh Optifibre Limited
7.83
-0.19
-2.37%
IN:BIRLACABLE
Birla Cable Limited
356.45
198.01
124.97%
IN:HFCL
HFCL Limited
242.95
171.98
242.33%
IN:STLTECH
Sterlite Technologies Limited
787.65
666.85
552.03%
IN:TEJASNET
Tejas Networks Ltd.
593.55
1.95
0.33%
Paramount Communications Limited Corporate Events
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...
Paramount Communications Shareholders Clear All Resolutions at Extraordinary General Meeting
Jun 7, 2026
Paramount Communications Limited informed the stock exchanges that it held an Extraordinary General Meeting on June 6, 2026, via video conferencing and other audio-visual means, with members able to vote through remote e-voting before the meeting ...
Paramount Communications Details Proceedings of June 6 Extraordinary General Meeting
Jun 6, 2026
Paramount Communications Limited held an Extra-ordinary General Meeting on June 6, 2026, conducted via video conferencing and other audio-visual means, in line with circulars from the Ministry of Corporate Affairs and SEBI. The meeting, chaired by...
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.