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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Paramount Communications Limited is an India-based wire and cable company. The Company is engaged in the manufacturing business of wires and cables comprising power cables, telecom cables, railway cables and specialized cables. Its segments include Wire and Cables, and Pipes.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, slow-growing business, priced for perfection — but flagged on governance.
PARAMOUNT COMMUNICATIONS is scored on the general / industrial framework. It keeps a thin 3.0% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.64×) — worth a closer look. Free cash flow is worth about -4.2% of its market value.
Over the last 3 years revenue compounded at 34%/yr and profit at 8%/yr. Book value itself has compounded 38%/yr — the hallmark of a genuine compounder. Return on equity is a weak 7.8%. In the latest quarter profit grew 23% versus the prior quarter.
At 33× earnings, the stock sits at the 87th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The forensic screen raises 3 red flags: Only ₹-0.08 of cash per ₹1 profit over 4 years — earnings not converting to cash; 63% of pre-tax profit is other income, not operations; Share count up 53% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 29.19 | 13.14 | worse |
| P/B | 2.28 | 4.87 | better |
| EV/EBITDA | 16.38 | 6.31 | worse |
| ROE | 7.82 | 7.74 | better |
| ROCE | 11.77 | 15.38 | worse |
| ROA | 5.76 | 9.52 | worse |
| Quick Ratio | 1.57 | 2.33 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Polycab India | 36.9 | 9.0 | 24.1% |
| KEI Industries | 36.6 | 5.4 | 14.7% |
| Sterlite Technologies | 48.9 | 8.1 | 16.6% |
Revenue has grown every year across all 4 financial years shown. 34% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Profit is on a 2-year growth streak. Revenue is outpacing profit (34% vs 8%) — costs are rising faster than the top line. The latest year saw a -31% swing — check if it's a one-off or structural.
Operating margin has compressed from 6% to 4% — costs or competition are eating into profitability.
ROE at 8% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 9pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (8% vs -7%) — share dilution is eroding per-share value. -7% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building.
Profit jumped 23% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (2% → 4%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 45.9% — dispersed ownership; institutional flows drive the stock. Promoters reduced 3.3pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.