Paramount Communications Ltd.
Snapshot View

View in App

Prices View details

17.35 0.00

03 August 2021, 04:00:00 P.M.
Volume: 43,979

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.paramountcables.com
Financial Indicators
Market Cap 336.91 Cr.
Earnings per share (EPS) 0.16 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 108.68 Trailing Twelve Months Ending 2021-03
Industry PE 28.22 Trailing Twelve Months Ending 2021-03
Book Value / Share 9.94 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.75 Calculated using Price: 17.35
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 19.42 Cr. 194,183,965 Shares
FaceValue 2
Company Profile

S S Aggarwal launched Paramount Cables in the year 1955 by setting up a small cable manufacturing unit as a family venture along with his brothers. In the year 1978 he established a new unit under the name of Paramount Cable Corporation which started supplying telecom cables to the Department of Telecommunications.

This unit grew into one of the largest cable makers in India and was converted into a company, Paramount Communications Ltd in the year 1994. Today Paramount Communications Ltd along with its group company Paramount Wires and Cables ltd is one of the largest cable manufacturing companies in India. With a wide product basket and superior technical expertise paramount caters to the requirement of several national and international customers from almost all the sectors of the economy.

Paramount caters to a wide range of industries with an equally wide range of technologically advanced cables, cords and wires for Telecommunication, Railways, Space Research, Thermal & Nuclear Power Plants, Petrochemical, Fertilizers, Steel, Electronics and various other industries.

Paramount Cables has always laid major emphasis on keeping abreast with the latest international developments, focusing and adapting technology to create multi-faceted, need-based products for utilization in various spheres of industrial activity.

The company has two manufacturing plants located in Khushkhera, Rajasthan and Dharuhera, Haryana respectively. Both plants are awarded ISO 9001 and ISO 14001 certificates.

Products range of the company includes:

Power Cables-

  • HT Power Cables 
  • LT Power Cables 
  • Aerial Bunch Cables
  • Control Cables
  • Instrumentation Cables 
  • Thermocouple Cables  

Railway Cables

  • Paramount Cables is among the few Cable companies who manufacture the following types of cables for Indian Railway .
  • Underground Railway Signaling Cables
  • Underground Railway Quad Axle Counter Cables
  • Optical Fiber Cables
  • Power Cables
  • Specialized Instrumentation cables for underground and elevated Metro Projects

Telecom Cables

  • Optical Fiber Cables  
  • Jelly Filled Cables   
  • Aerial Telecom Cables   
  • Buried Service Wire   
  • Installation Cables   

Achievements/ Recognition:

  • The company has been awarded ISO 9001 and 14001 by Moody International, bearing eloquent testimony to the stringent quality that is the hallmark of Paramount products.
  • Indian Specifications- Bureau of Indian Standards (BIS), Indian Railway Specifications (IRS), Indian Telecom Department (ITD), Telecom Engineering Centre (TEC) and Engineers India Ltd. (EIL) etc.
  • International Specifications- British Standard Specifications (BSS), American Standard for Testing Methods (ASTM), International Electro Technical Committee Specifications (IEC) and Vereingte Deutsche Elktrotechniker (VDE) etc.
  • Paramount is also licensed by the Bureau of Indian Standards (BIS) to mark its products with IS7098 Part1 (for XLPE Power Cables), IS 14255 (for Aerial Bunch Cables), IS 694 (for unarmored PVC Cables) and IS 1554 PArt1 (for armored PVC Cables up to 1.1 KV).

Clientele

The clients of the company includes, Power Grid Corporation of India Ltd (PGCIL), National Thermal Power Corporation (NTPC), Bharat Heavy Electricals Ltd (BHEL), Department of Atomic Energy, Govt. of India, Indian Oil Corporation Limited (IOCL) and many more.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-3.88%
1 Month
+0.58%
3 Month
+91.50%
6 Month
+96.71%
1 Year
+174.96%
2 Year
+88.59%
5 Year
+402.90%

Ratios View Details

9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -233.85 39.34 25.62 16.29
Return on Capital Employed (%) -1.21 5.52 -16.20 -14.59 -30.00 19.02 6.77 11.73 10.32
Return on Assets (%) -7.53 -4.07 -20.65 -26.49 -37.39 4.65 4.13 6.79 5.37

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds -6 -15 -110 -213 -335 -11 86 141 182
Non Curr. Liab. 192 174 151 118 91 190 191 199 201
Curr. Liab. 447 412 367 450 552 142 113 129 129
Minority Int.
Equity & Liab. 633 571 407 355 308 321 390 469 512
Non Curr. Assets 147 103 92 84 78 154 142 149 160
Curr. Assets 486 469 315 271 230 167 248 320 353
Misc. Exp. not W/O 0 0
Total Assets 633 571 407 355 308 321 390 469 512

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 703 681 414 453 309 316 433 614 606
Other Income 3 3 2 2 2 4 6 18 3
Total Income 706 684 416 455 312 320 440 633 609
Total Expenditure -716 -689 -433 -487 -353 -363 -438 -587 -561
PBIDT -11 -5 -17 -33 -42 -43 1 46 48
Interest -44 -49 -42 -61 -74 -20 -4 -8 -11
Depreciation -13 -12 -11 -9 -9 -10 -9 -9 -11
Taxation 0 0 0
Exceptional Items 17 42 -31 2 87 27
PAT -50 -25 -101 -101 -124 15 15 29 26

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 47 68 137 14 138 52 20 -18 13
Cash Fr. Inv. -2 55 1 -2 -1 2 1 -8 -5
Cash Fr. Finan. -46 -123 -136 -7 -127 -53 -18 25 -8
Net Change -1 0 2 5 10 1 4 -1 0
Cash & Cash Eqvt 11 11 13 18 28 16 19 2 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 56.67 56.71 56.71 59.61 60.08 60.08 60.05 62.12 62.12
Public 43.33 43.29 43.29 40.39 39.92 39.92 39.95 37.88 37.88
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 40.76 40.73 40.73 36.15 35.86 35.86 35.88 32.89 32.89

Announcements View Details

Mon, 26 Jul 2021
Disclosure Of Related Party Transactions Pursuant To Regulation 23 (9) Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015
Pursuant to regulation 23 (9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 please find enclosed herewith the Related Party disclosure (Standalone and Consolidated) as per prescribed format for the half-year ended 31st March 2021.
Mon, 12 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- Rashi Goel
Designation :- Company Secretary and Compliance Officer
Mon, 12 Jul 2021
Shareholding for the Period Ended June 30 2021
Paramount Communications Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Mon, 02 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Polycab India Ltd. 27,823.03 1,874.00 +0.5%
Sterlite Technologies Ltd. 11,963.94 312.45 +3.6%
Finolex Cables Ltd. 8,080.55 522.00 -1.0%
KEI Industries Ltd. 6,744.10 745.00 -0.7%
Olectra Greentech Ltd. 2,599.09 332.45 +5.0%
Centum Electronics Ltd. 689.34 530.00 -0.3%
Universal Cables Ltd. 646.90 185.00 -1.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Polycab India Ltd. Consolidated 2021-06 33.18 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2021-06 31.05 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2021-03 17.51 522.00 -1.0%
KEI Industries Ltd. Consolidated 2021-06 22.17 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2021-06 179.59 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 40.18 530.00 -0.3%
Universal Cables Ltd. Consolidated 2021-03 9.62 185.00 -1.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Polycab India Ltd. Consolidated 2021-06 5.79 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2021-06 5.74 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2021-03 2.37 522.00 -1.0%
KEI Industries Ltd. Consolidated 2021-06 3.66 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2021-06 3.50 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 3.09 530.00 -0.3%
Universal Cables Ltd. Consolidated 2021-03 0.57 185.00 -1.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Polycab India Ltd. Consolidated 2021-03 0.05 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2020-03 1.29 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2020-03 0.00 522.00 -1.0%
KEI Industries Ltd. Consolidated 2020-03 0.25 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2020-03 0.03 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 1.42 530.00 -0.3%
Universal Cables Ltd. Consolidated 2020-03 0.66 185.00 -1.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 20.77 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2020-03 23.69 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2020-03 10.92 522.00 -1.0%
KEI Industries Ltd. Consolidated 2020-03 22.60 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2020-03 2.00 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 6.13 530.00 -0.3%
Universal Cables Ltd. Consolidated 2020-03 2.60 185.00 -1.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 24.86 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2020-03 18.50 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2020-03 15.19 522.00 -1.0%
KEI Industries Ltd. Consolidated 2020-03 28.11 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2020-03 4.22 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 9.35 530.00 -0.3%
Universal Cables Ltd. Consolidated 2020-03 10.42 185.00 -1.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 8,926.54 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2020-03 5,160.64 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2020-03 2,877.30 522.00 -1.0%
KEI Industries Ltd. Consolidated 2020-03 4,887.80 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2020-03 200.52 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 817.43 530.00 -0.3%
Universal Cables Ltd. Consolidated 2020-03 1,568.96 185.00 -1.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Polycab India Ltd. Consolidated 2021-03 886.14 1,874.00 +0.5%
Sterlite Technologies Ltd. Consolidated 2020-03 424.44 312.45 +3.6%
Finolex Cables Ltd. Consolidated 2020-03 313.41 522.00 -1.0%
KEI Industries Ltd. Consolidated 2020-03 256.30 745.00 -0.7%
Olectra Greentech Ltd. Consolidated 2020-03 13.53 332.45 +5.0%
Centum Electronics Ltd. Consolidated 2021-03 13.11 530.00 -0.3%
Universal Cables Ltd. Consolidated 2020-03 24.38 185.00 -1.2%