Should I buy Paramount Communications Ltd stock at the current price?

Whether to buy Paramount Communications Ltd stock at ₹34.15 depends on multiple factors including P/E ratio of 15.35, P/B ratio of N/A, and your investment goals. Consult a financial advisor for personalized advice.

How is Paramount Communications Ltd stock performing today?

Paramount Communications Ltd opened at ₹33.62 and is trading at ₹34.15, showing a decline of 1.98% with volume of 8,28,044 shares.

What is the P/E ratio of Paramount Communications Ltd?

Paramount Communications Ltd has a P/E ratio of 15.35, meaning investors pay ₹15.35 for every ₹1 of earnings. With EPS of ₹2.39, compare this with industry peers for better context.

What is the market capitalization of Paramount Communications Ltd?

Paramount Communications Ltd has a market cap of ₹1,122.26 crores, making it a small-cap company.

What is the book value and P/B ratio of Paramount Communications Ltd?

Paramount Communications Ltd has a book value of ₹23.51 per share and P/B ratio of N/A. Current price is ₹34.15.

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Paramount Communications

Q: What are the key financial ratios of Paramount Communications Ltd?

Paramount Communications Ltd's key metrics include P/E Ratio: 15.35, P/B Ratio: N/A, ROE: 4.36%, ROCE: 16.30%, EPS: ₹2.39, and Debt-to-Equity: 0.05.

Small Cap•308 Employees•IPO 1995

Chart

Current Price

₹34.15

-0.69 (-1.98%)Updated

NSE :PARACABLES

BSE :530555

Sector :Electrical Equipment

Today's Range

₹33.10

₹34.15

₹34.70

52 Week Range

52W Low₹31.05

52W High₹62.75

₹34.15

Downside9.98%

Upside83.75%

Chart

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

Loading chart...

Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap

₹1,122.26 Cr

Market Cap

Total market value of company

P/E Ratio

15.35

P/E Ratio

Price to Earnings. Lower is generally better (<25 is good)

P/B Ratio

1.81

P/B Ratio

Price to Book Value. <3 may indicate undervaluation

EPS

₹2.39

EPS

Earnings Per Share. Higher and growing is positive

Profitability

ROE

4.36%

ROE

Return on Equity. >15% is good, >20% is excellent

ROCE

16.30%

ROCE

Return on Capital Employed. >15% is good

Net Margin

4.11%

Net Margin

Net profit as % of revenue. >10% is good

Operating Margin

Operating profit margin. >15% is good

Growth

EPS Growth (5Y)

13.41%

EPS Growth (5Y)

5-year EPS growth. >15% is strong

Revenue Growth (5Y)

21.05%

Revenue Growth (5Y)

5-year revenue growth. >10% is good

Qtr Sales Growth

40.50%

Qtr Sales Growth

Quarter-over-quarter sales growth

Qtr Profit Growth

-26.90%

Qtr Profit Growth

Quarter-over-quarter profit growth

Financial Health

Debt/Equity

0.05

Debt/Equity

Financial leverage. <1 is good, <0.5 is excellent

Book Value

₹23.51

Book Value

Net asset value per share

Dividend Yield

Annual dividend as % of price. >2% is good

Promoter Holding

49.10%

Promoter Holding

Promoter stake. >50% shows confidence

Good

Average

Needs Attention

SWOT Analysis

Strengths

4 points

•Paramount Communications Ltd. demonstrated robust top-line expansion with latest quarterly sales growing by 40.50% to ₹451 crore, indicating strong market demand and effective business operations.
•The company maintains a very healthy balance sheet, evidenced by a low debt-to-equity ratio of just 0.05, signifying minimal financial risk and strong solvency for future growth initiatives.

Weaknesses

5 points

•Paramount Communications experienced a substantial decline in its latest quarterly net profit by -26.90% to ₹18.5 crore, raising concerns about recent profitability and operational efficiency.
•Promoter holding has significantly decreased from 62.12% in June 2022 to 49.06% in September 2025, potentially signaling reduced insider confidence or strategic shifts within the company.

Opportunities

4 points

•The 'Cables - Electricals' industry is poised for growth due to ongoing infrastructure development and rising power demand, presenting significant expansion avenues for Paramount Communications.
•With a P/E ratio lower than the sector average, Paramount Communications could strategically leverage its attractive valuation to draw in new investors and finance market share expansion.

Threats

4 points

•The presence of larger, more profitable industry peers such as Polycab and KEI Industries poses a significant competitive threat, potentially limiting Paramount's market share and pricing power.
•As a key player in the cables industry, Paramount Communications is highly susceptible to volatile fluctuations in raw material costs, which could severely impact its profit margins.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

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Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

Level	Price	Distance	% Change
R4	₹38.07	+₹3.92	+11.47%
R3	₹36.47	+₹2.32	+6.78%
R2	₹35.58	+₹1.43	+4.20%
R1	₹34.87	+₹0.72	+2.10%
PIVOT	₹33.98	-0.17	-0.49%
CURRENT	₹34.15	-	-
S1	₹30.07	-₹4.08	-11.96%
S2	₹31.67	-₹2.48	-7.27%
S3	₹32.38	-₹1.77	-5.17%
S4	₹33.27	-₹0.88	-2.59%

CPR Levels

Support

Resistance

| CPR |

BC: N/AP: N/ATC: N/A

LTP: N/A

PDH: N/A

PDL: N/A

● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume

8.28L

(02 Mar 2026)

-19.2% vs avg

Delivery %

52.0%

(02 Mar 2026)

+2.9% vs avg

Avg Volume (20D)

1.03M

(03 Feb - 02 Mar)

20-day average

Avg Delivery %

49.1%

(03 Feb - 02 Mar)

Trend ↑

Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap

Polycab India Ltd

1.17L ₹ Cr

Best Profit Growth

Swelect Energy Systems Ltd

227.00 %

Highest Dividend Yield

Swelect Energy Systems Ltd

0.53 %

Peer Comparison

Company Name
CG Power & Industrial Solutions Ltd
Dynamic Cables Ltd
Exicom Tele-Systems Ltd
IKIO Technologies Ltd
Indo Tech Transformers Ltd
Kirloskar Electric Company Ltd

Polycab India Ltd
Prostarm Info Systems Ltd
Quadrant Future Tek Ltd
Salzer Electronics Ltd
Swelect Energy Systems Ltd

About

Paramount Communications Ltd

Paramount Communications Limited, operating under the name PARACABLES, is a prominent Indian manufacturer and supplier of a diverse range of wires and cables. Their product portfolio caters to a broad spectrum of industries, highlighting their significant presence in the Indian market and beyond.

A core component of PARACABLES' business is the production and sale of power cables. This includes a wide variety, spanning from high and low-tension power cables to specialized types such as aerial bunch, screened and unscreened cables, control and instrumentation cables, and UL-certified cables for residential and renewable energy applications. This demonstrates a commitment to meeting diverse power needs across various sectors.

Beyond power cables, PARACABLES specializes in railway cabling solutions. Their offerings encompass signaling cables, railway power cables, and quad axle counter cables, showcasing their expertise in providing critical infrastructure components for the rail industry. This specialized area further underscores their position as a key supplier in India.

The company also holds a strong position in the telecommunications sector, manufacturing and supplying a wide variety of telecom cables. This includes optical fiber cables, jelly-filled cables, fiber-to-the-home (FTTH) cables, switched board cables, and CATV cables, as well as jumper wires, indicating a comprehensive approach to telecommunications infrastructure needs.

PARACABLES' product line extends to specialized cables, including those for photovoltaic (PV) solar systems, PTFE cables, fire-survival cables, and cables designed for electric vehicle battery charging stations. They also produce covered conductors, medium voltage covered conductors, and HTLS conductors, demonstrating their ability to provide solutions for niche and emerging markets.

In addition to their extensive range of cables, PARACABLES offers turnkey services. This includes the installation and repair of OPGW and submarine cables, as well as providing consultancy and turnkey projects for the telecom, power, and railway sectors. This value-added service enhances their offerings and solidifies their relationships with clients.

Their customer base is extensive and includes diverse sectors such as power, telecom, railways, renewables, export markets, IT and communications, construction, defense, space research, electronics, oil and gas, and specialized turnkey projects. This broad customer base reflects the versatility and wide applicability of their products and services.

COMPANY FACTS - PARACABLES

Registered Address

Paramount House, KH-433, Maulsari Avenue,, Westend Greens, Rangpuri

New Delhi

DELHI

Tel: 911145618800

Website:https://paramountcables.com/

Investor Relations:https://paramountcables.com/investors/

Company Details

Group: Capital Goods

Sector: Industrials

Industry: Electrical Equipment

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 308

IPO Date: 04/04/1995

MANAGEMENT - PARACABLES

Shri. Sanjay Aggarwal

Executive Chairman of the Board, Chief Executive Officer

Mr. Shambhu Agarwal

Chief Financial Officer

Mr. Dhruv Aggarwal

Corporate Executive - Strategy

Mr. Parth Aggarwal

President- Marketing

Mr. Tushar Aggarwal

President- Operations

Mr. Narendra Gupta

President - Accounts & Finance

Mr. Praveen Gupta

President - Corporate Strategy

Mr. Nitin Gupta

Compliance Officer, Company Secretary

Mr. Sandeep Aggarwal

Managing Director, Executive Director

Shri. Narendra Goyal

Additional Non-Executive Independent Director

Mrs. Malini Gupta

Non-Executive Independent Director

Mrs. Praveena Kala

Non-Executive Independent Director

Investor Questions Answered

Paramount Communications Ltd (PARACABLES) Stock FAQs

Get answers to the most common questions about Paramount Communications Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Paramount Communications Ltd (PARACABLES) is ₹34.15. Today, the stock has declined by ₹0.69 (1.98%), trading in a range of ₹33.1 to ₹34.7. The stock opened at ₹33.62 with a trading volume of 8,28,044 shares.

Paramount Communications Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,122.26 crores, P/E ratio of 15.35, ROE of 4.36%, and ROCE of 16.30%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

The 52-week high price of Paramount Communications Ltd (PARACABLES) is ₹62.75, while the 52-week low is ₹31.05. Currently trading at ₹34.15, the stock is 9.8% away from its 52-week low and 45.6% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

Whether to buy Paramount Communications Ltd stock at ₹34.15 depends on multiple factors. The stock is currently trading with a P/E ratio of 15.35 and P/B ratio of N/A. Today's performance shows a loss of 1.98%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

Paramount Communications Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹34.15, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

Paramount Communications Ltd's key financial metrics include: P/E Ratio: 15.35, P/B Ratio: N/A, ROE: 4.36%, ROCE: 16.30%, Dividend Yield: 0.00%, EPS: ₹2.39, Book Value: ₹23.51, Debt-to-Equity: 0.05, and Current Ratio: N/A. The company's market cap stands at ₹1,122.26 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

Paramount Communications Ltd stock opened at ₹33.62 and is currently trading at ₹34.15, showing a decline of ₹0.69 (1.98%). The intraday high is ₹34.7 and low is ₹33.1. The trading volume stands at 8,28,044 shares, indicating moderate market participation today.

Paramount Communications Ltd has a Price-to-Earnings (P/E) ratio of 15.35, which means investors are willing to pay ₹15.35 for every ₹1 of earnings. With an EPS of ₹2.39, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Paramount Communications Ltd has a market capitalization of ₹1,122.26 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹34.15) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.

Paramount Communications Ltd has a book value of ₹23.51 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹34.15, which is 45.3% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.

Paramount Communications Ltd has a Return on Equity (ROE) of 4.36% and Return on Capital Employed (ROCE) of 16.30%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.

Paramount Communications Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.

Paramount Communications Ltd has a debt-to-equity ratio of 0.05, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.

Paramount Communications Ltd has an Earnings Per Share (EPS) of ₹2.39, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹34.15 and P/E ratio of 15.35, investors are paying 15.35 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.

Paramount Communications Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.

Paramount Communications Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.

To analyze Paramount Communications Ltd stock, consider: 1) Fundamental Analysis - Review P/E (15.35), ROE (4.36%), debt-to-equity (0.05), and growth rates. 2) Technical Analysis - Check 52-week range (₹31.05 - ₹62.75), moving averages, and chart patterns. 3) Valuation - Compare current price (₹34.15) with book value (₹23.51) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.

The face value (or par value) of Paramount Communications Ltd share is ₹2.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹34.15 is 1608x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.

Investing in Paramount Communications Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹31.05 - ₹62.75). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.05 indicates leverage. 4) Liquidity Risk - Based on trading volume of 8,28,044 shares. 5) Valuation Risk - P/E of 15.35 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.

Paramount Communications Ltd operates in the industry with key metrics: P/E ratio of 15.35, ROE of 4.36%, market cap of ₹1,122.26 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.05), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.

Target prices for Paramount Communications Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹34.15, with a 52-week range of ₹31.05 to ₹62.75. Based on fundamentals like P/E (15.35), ROE (4.36%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.

Consider selling Paramount Communications Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹34.15. 2) Fundamental Deterioration - Declining ROE (currently 4.36%), increasing debt (D/E: 0.05), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.

Tax implications for Paramount Communications Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.