Paramount Communications Ltd is engaged in the manufacturing of Wires and Cables comprising of power cables, telecom cables, railway cables, and specialized cables. The Company was incorporated in 1978 as a partnership firm under the name & Style of Paramount Cable Corporation and was promoted by Shyam Sunder Aggarwal, and is now one of the leading cable manufacturing companies in India.
The company's extensive product portfolio includes high-tension (HT) and low-tension (LT) power cables, HT and LT aerial bunch cables, control and instrumentation cables, optical fiber cables (OFC) and fiber-to-the-home (FTTH), jelly-filled cables, community antenna television (CATV) cables, signaling cables, axle counter cables, railway power cables, polytetrafluoroethylene (PTFE) cables, fire survival cables, solar cables and optical ground wire (OPGW). The company offers 25+ product types and 2,500 SKUs across segments.
In Q4 FY25, the company delivered exceptional growth, with total revenue from operations increasing by 56.8% to Rs 5,070 million, compared to Rs 3,234 million in Q4 FY24. For the full year FY25, revenue grew by 47.2%, reaching Rs 15,756 million, up from Rs 10,706 million in FY24. EBITDA for Q4 FY25 stood at Rs 335 million, as compared to Rs 299 million, reflecting a growth of 12.3% year-on-year, while for FY25, EBITDA increased by 38.2%, totalling Rs 1,344 million as compared to Rs 973 million in FY24.
Profit After Tax (PAT) for Q4 FY25 stood at Rs 187 million, compared to Rs 295 million in Q4 FY24. For the full year FY25, PAT stood at Rs 870 million, up from Rs 856 million in FY24. The company has an operating revenue of Rs. 1,575.60 Cr. on a trailing 12-month basis.
• Q4 FY25 Performance: Total revenue from operations increased by 56.8% to Rs 5,070 million, EBITDA stood at Rs 335 million, PAT at Rs 187 million.
• FY25 Performance: Revenue grew by 47.2% to Rs 15,756 million, EBITDA increased by 38.2% to Rs 1,344 million, PAT stood at Rs 870 million.
• Market Capitalization: ₹1,654.80 crore (as of June 20, 2025)
• Stock P/E: 21.2
• Book Value: ₹23.5
• ROCE: 16.5%
• ROE: 13.0%
• Face Value: ₹2.00
• 52-Week High: ₹100.63
• 52-Week Low: ₹44.10
Paramount Communications Ltd has two manufacturing units located at Dharuhera in Haryana and Khushkhera in Rajasthan. In 2023, the Company established two state-of-the-art facilities at Khushkhera (Rajasthan) and Dharuhera (Haryana) for the manufacturing of cables and wires. They provide complete cabling solutions to almost all the sectors of the economy, such as power, telecom and information technology, railways, petrochemicals and industrial sector.
PCL's geographic footprint spans 153 dealers and 102 distributors and 415 retailers across India, enabling it to serve diverse customers. The company serves power, telecom, railways, renewables, export, IT and communication, construction, defense, space research, electronics, oil and gas, and specialized turnkey sectors.
The company's order book currently stands at Rs 4,951.6 million, providing strong visibility of revenues. Paramount reports 47% FY25 revenue growth, debt-free status, new plant capex Rs.150cr, targets 30% CAGR revenue. Paramount is optimistic about further expanding its order book, bolstered by significant support from the railway and power sectors.
Commenting on the results, Sanjay Agarwal, Chairman & CEO said: "FY24 has been a remarkable year for Paramount Communications Limited. We have achieved strongest ever performance in terms of Revenue and Profitability. This year, we reached a significant milestone by surpassing Rs.1,000 crore in revenue showing a growth of 34.4% YoY."
Strategically positioned, Paramount is poised for strong and sustained growth, with a focus on diversifying its product range and delivering top-notch quality solutions in the wires and cables sector, while continuously innovating new products. The company is prepared to leverage the anticipated increase in orders and position itself adeptly for potential opportunities.
The Company is poised to become debt free during FY25 after full repayment of ARC debt of Rs 862.5 million. The company is almost debt free and has reduced debt. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles.
Debtor days have improved from 70.4 to 47.4 days. The company's working capital requirements have reduced from 127 days to 101 days. The company has delivered good profit growth of 27.0% CAGR over the last 5 years.
Paramount Communications Ltd's consistent performance, debt-free status, robust order book, and strong market position in the essential cables and wires industry make it a notable player in India's infrastructure development story. With expanding manufacturing capabilities and a diversified product portfolio serving critical sectors, Paramount Communications continues to strengthen its market presence while maintaining healthy financial metrics.
