Paramount Communications Limited (IN:PARACABLES)
:PARACABLES
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Paramount Communications Limited
(PARACABLES)
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Rating:64Neutral
Price Target:
₹74.00
▲(94.48% Upside)
Action:Reiterated
Date:06/05/26
The score is anchored by mixed financial performance—strong revenue scaling and higher equity, but pressured profitability, higher leverage, and weak/volatile cash flow. Technicals are a major positive with a clear uptrend and strong momentum. Valuation is a headwind given the elevated P/E without dividend support.
Positive Factors
Revenue Scaling
Sustained multi-year revenue growth reflects broad demand for the company's cable and wire products and supports higher capacity utilization. Durable top-line expansion improves bargaining power with suppliers, underpins long-term contract competitiveness and creates scale advantages for margin recovery.
Negative Factors
Volatile Cash Generation
Repeated swings to negative operating and free cash flow indicate persistent working-capital pressure or elevated investment needs. Over months to quarters this elevates funding reliance, constrains reinvestment or dividends, and increases vulnerability to higher borrowing costs or tighter credit conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scaling
Sustained multi-year revenue growth reflects broad demand for the company's cable and wire products and supports higher capacity utilization. Durable top-line expansion improves bargaining power with suppliers, underpins long-term contract competitiveness and creates scale advantages for margin recovery.
Read all positive factors
Paramount Communications Limited (PARACABLES) vs. iShares MSCI India ETF (INDA)
Market Cap
₹21.35B
Dividend YieldN/A
Average Volume (3M)79.90K
Price to Earnings (P/E)35.8
Beta (1Y)1.86
Revenue Growth21.44%
EPS Growth-31.59%
CountryIN
Employees308
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)2.40
Shares Outstanding305,209,800
10 Day Avg. Volume81,942
30 Day Avg. Volume79,904
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 wires and cables and selling them to customers across power, infrastructure, industrial, and related electrical markets. Revenue is generated through (1) product sales of manu...
Paramount Communications Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
74
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.78B | 19.13B | 15.76B | 10.57B | 7.83B | 5.74B |
| Gross Profit | 4.52B | 4.11B | 3.56B | 2.62B | 2.13B | 1.17B |
| EBITDA | 1.26B | 663.30M | 1.34B | 972.63M | 642.02M | 241.59M |
| Net Income | 730.89M | 597.50M | 869.70M | 856.32M | 477.68M | 82.05M |
Balance Sheet | ||||||
| Total Assets | 10.08B | 11.29B | 9.08B | 8.27B | 5.04B | 4.81B |
| Cash, Cash Equivalents and Short-Term Investments | 346.60M | 331.10M | 233.74M | 603.01M | 279.94M | 13.87M |
| Total Debt | 1.02B | 1.23B | 332.25M | 1.03B | 1.60B | 1.87B |
| Total Liabilities | 2.58B | 3.51B | 1.91B | 2.00B | 2.09B | 2.79B |
| Stockholders Equity | 7.49B | 7.78B | 7.17B | 6.26B | 2.95B | 2.02B |
Cash Flow | ||||||
| Free Cash Flow | -813.30M | -1.09B | 437.05M | -1.53B | 21.48M | 117.79M |
| Operating Cash Flow | -562.80M | -564.20M | 1.04B | -1.01B | 110.96M | 146.44M |
| Investing Cash Flow | -243.30M | -527.90M | -12.18M | -958.24M | -163.44M | -10.71M |
| Financing Cash Flow | 611.20M | 906.00M | -840.53M | 1.83B | 218.35M | -194.52M |
Paramount Communications Limited Technical Analysis
Positive
38.05
Price Trends
52.50
Positive
43.45
Positive
42.53
Positive
Market Momentum
3.81
Positive
63.26
Neutral
64.70
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 38.05 is below the 20-day moving average (MA) of 64.73, below the 50-day MA of 52.50, and below the 200-day MA of 42.53, indicating a bullish trend. The MACD of 3.81 indicates Positive momentum. The RSI at 63.26 is Neutral, neither overbought nor oversold. The STOCH value of 64.70 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹21.35B | 35.79 | ― | ― | 21.44% | -31.59% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | ₹305.66B | 94.47 | ― | 0.15% | 21.77% | 72.87% | |
56 Neutral | ₹6.48B | 38.44 | ― | 1.28% | 16.54% | 245.48% | |
54 Neutral | ₹315.48B | 563.53 | ― | ― | -3.90% | ― | |
52 Neutral | ₹106.71B | -11.73 | ― | 0.55% | -87.10% | -296.63% | |
42 Neutral | ₹1.20B | -8.87 | ― | ― | -3.59% | 49.79% |
* Technology Sector Average
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Paramount Communications Limited Corporate Events
Paramount Communications Posts FY26 Results, Shares Investor Call Recording
May 25, 2026
Paramount Communications Limited has notified the stock exchanges that it has made available an audio recording of its investor conference call discussing operational and financial performance for the fourth quarter and full year ended March 31, 2...
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.