Paramount Communications Ltd.
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11.14 +0.24 ▲2.2%

27 May 2022, 04:01:00 PM
Volume: 11,244

Overview View Details

Sector Electricals Compare with Sector peers
Industry Cable Compare with Industry peers
Website http://www.paramountcables.com
Market Cap 215.54 Cr.
Enterprise Value(EV) 382.04 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 0.30 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 36.56 Trailing Twelve Months Ending 2021-12
Industry PE 33.56 Trailing Twelve Months Ending 2021-12
Book Value / Share 10.12 Trailing Twelve Months Ending 2021-12
Price to Book Value 1.10 Calculated using Price: 11.14
Dividend Yield 0.00 Period Ending 2021-03
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
+2.20%
1 Week
-1.85%
1 Month
-12.15%
3 Month
-4.13%
6 Month
+4.90%
1 Year
-8.99%
2 Year
+77.39%
5 Year
+205.21%
10 Year
+457.00%

Ratios View Details

9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 39.34 25.62 16.29 1.65
Return on Capital Employed (%) 5.78 -18.97 -19.34 -51.99 23.84 6.77 11.60 10.21 2.67
Return on Assets (%) -4.07 -20.65 -26.49 -37.39 4.65 4.13 6.79 5.37 0.63

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -15 -110 -213 -335 -11 86 141 182 193 194
Non Curr. Liab. 174 151 118 91 190 191 199 201 187 178
Curr. Liab. 412 367 450 552 142 113 129 129 91 129
Minority Int.
Equity & Liab. 571 407 355 308 321 390 469 512 471 501
Non Curr. Assets 103 92 84 78 154 142 149 160 163 154
Curr. Assets 469 315 271 230 167 248 320 353 308 347
Misc. Exp. not W/O 0 0
Total Assets 571 407 355 308 321 390 469 512 471 501

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 681 414 453 309 316 433 614 606 519 562
Other Income 3 2 2 2 4 6 18 3 3 3
Total Income 684 416 455 312 320 440 633 609 522 565
Total Expenditure -689 -433 -487 -353 -363 -438 -587 -561 -503 -543
PBIDT -5 -17 -33 -42 -43 1 46 48 19 22
Interest -49 -42 -61 -74 -20 -4 -8 -11 -7 -7
Depreciation -12 -11 -9 -9 -10 -9 -9 -11 -9 -9
Taxation 0 0
Exceptional Items 42 -31 2 87 27
PAT -25 -101 -101 -124 15 15 29 26 3 6
Minority Interest
Share Associate 0
Other Related Items
Consolidated Net Profit -25 -101 -101 -124 15 15 29 26 3 6
Adjusted EPS -2 -8 -8 -10 1 1 2 1 0 0

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 47 68 137 14 138 52 20 -18 14 14
Cash Fr. Inv. -2 55 1 -2 -1 2 1 -8 -6 -3
Cash Fr. Finan. -46 -123 -136 -7 -127 -53 -18 25 -8 -5
Net Change -1 0 2 5 10 1 4 -1 0 6
Cash & Cash Eqvt 11 11 13 18 28 16 19 2 2 7

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 59.61 60.08 60.08 60.05 62.12 62.12 62.12 62.12 62.12
Public 40.39 39.92 39.92 39.95 37.88 37.88 37.88 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 (%) 36.15 35.86 35.86 35.88 32.89 32.89 32.89 32.89 32.89

Announcements View Details

Sat, 28 May 2022
Board Meeting Outcome for Outcome Of Board Meeting/Announcement Pursuant To Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirement) Regulations 2015
Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the Board of Directors of the Company at their meeting held on Saturday the 28th Day of May 2022 has approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2022 along with Audit Report for Standalone and Consolidated Financial Results.
Sat, 28 May 2022
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
Subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company re-appointment of M/s. P. Bholusaria & CO. Chartered Accountants (Firm Registration number 000468N) as Statutory Auditors of the Company fora second term of five consecutive years from the conclusion of the 28th Annual General Meeting to be held in the year 2022 till the conclusion of 33rd AGM of the Company to be held in the year 2027. Disclosure of Information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with circular no. CIR/CFD/CMD/4/2015 dated September 09 2015 is annexed as Annexure 1 to this letter
Sat, 28 May 2022
Outcome Of Board Meeting/Announcement Pursuant To Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirement) Regulations 2015
Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that the Board of Directors of the Company at their meeting held on Saturday the 28th Day of May 2022 has approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2022 along with Audit Report for Standalone and Consolidated Financial Results.

Technical Scans View Details

Fri, 27 May 2022
Opening at High Opening at High
High Decrease 1 Month High Decrease 1 Month
High Increase 2 Years High Increase 2 Years
High Increase 5 Years High Increase 5 Years
MFI Trending Up MFI Trending Up

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