Company Overview

Paras Petrofils Ltd. was incorporated in 1991 and is headquartered in Surat, Gujarat. The company is listed on the BSE (BSE Code: 521246) and NSE (NSE Symbol: PARASPETRO). Originally promoted by the Paras Group, the company was involved in manufacturing Nylon and Polyester Yarn, trading of Fabric, and commission activities within the textile industry. However, due to adverse market conditions, its operations have significantly reduced, and according to recent reports, Paras Petrofils Limited does not have significant ongoing operations.

Historical Development and Public Listing

The company entered the public markets in January 1995 with a Rs 10 Crore public offering, intended to fund a Rs 28.51 Crore project for manufacturing Partially Oriented Polyester Filament Yarn (POPFY). This expansion involved an MoU with Noy Val Lesina, Switzerland, for plant supply and technical services, with Tata Consulting Engineers handling detailed engineering. Consequently, the company commenced commercial production of Partially Oriented Polyester Filament Yarn (POY) in the financial year 1996-97.

Financial Performance and Market Position

Paras Petrofils Ltd. has experienced mixed financial results in recent periods. While the company's operational status has changed significantly from its original textile manufacturing, it continues to report financial data.

The company registered a net profit of Rs 0.08 crore for the full year ended March 2025, a notable improvement from a net loss of Rs 0.37 crore in the previous year ended March 2024. Quarterly performance showed a positive trend, with net profit jumping 33.06% to ₹0.81 Cr in Q4 FY2024-2025 compared to the same period last year. However, no sales revenue was reported for the quarter ended March 2025 or the corresponding quarter in the previous year.

Key Financial Metrics

* Net Profit FY 2025: ₹0.08 crore (Year ended March 2025)

* Net Profit FY 2024: (₹0.37 crore) (Year ended March 2024)

* Quarterly Performance Q4 FY2024-25: Net Profit ₹0.81 Cr

* Sales Q4 FY2024-25: Not reported

* Market Capitalization: ₹88.57 Cr (as of June 10, 2025)

* Promoter Holding: 40.34% (as of March 2025)

Share Performance and Valuation Metrics

The company's share price performance has shown considerable volatility. As of June 2025, the 52-week high was ₹4.63, and the 52-week low was ₹2.11.

Key valuation metrics include:

* Price-to-Earnings Ratio (P/E): 1107.11

* Price-to-Book Ratio (P/B): 4.37

* Return on Equity (ROE): 2.05% over the last 3 years

Shareholding Pattern and Corporate Governance

The promoter holding in Paras Petrofils Ltd. has remained stable. Promoter Holding stood at 40.34% as of March 2025, consistent with the figure in June 2024, indicating sustained management commitment.

The Board of Directors approved the Audited Financial Results for the quarter and financial year ended March 31, 2025, on May 30, 2025, with an unmodified audit opinion and no exceptional items. Key management personnel include Deepak Kishorchandra Vaidya, Madhuben Shankarbhai Rathod, Sanjay Jayant Bhatt, Jayprakashan Padmanabhan Nair, Rupesh Pachori, and Piyush Khatod. SHALU RAMESH SARRAF serves as the Company Secretary and Compliance Officer.

Business Operations and Industry Classification

Paras Petrofils Ltd. belongs to the Consumer Discretionary sector and the Textiles sub-sector. While its historical activities and business registration place it within the textile industry, the company's current operational status reflects a significant transformation from its original business model established in the 1990s. The challenges faced by smaller textile companies in India, including market conditions and operational costs, appear to have impacted its active business operations.