Paramount Communications has confirmed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The disclosure, submitted to BSE Limited and The National Stock Exchange of India Ltd, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This confirmation assures investors that the promoters' equity remains unpledged for the reported period.

The filing was made on April 03, 2026, by Shambhu Kumar Agarwal, Chief Financial Officer of Paramount Communications. The document serves as a formal declaration required by market regulators to maintain transparency regarding the holdings of those controlling the company.

In a separate declaration attached to the filing, Sanjay Aggarwal, a Promoter of the company, explicitly stated that neither he nor persons acting in concert had made any encumbrance over the shares held by them. This confirmation covers both direct and indirect holdings throughout FY26.

The following table outlines the key details of the regulatory disclosure:

The declaration was signed by Sanjay Aggarwal, bearing his Director Identification Number (DIN) 00001788. The disclosure has been recorded by the stock exchanges as part of the company's compliance requirements.

Paramount Communications Limited reported a strong sequential recovery in Q4 FY26, with revenue growing 13.6% year-on-year and 24.5% quarter-on-quarter to INR 573 crores. The company attributed this performance to a strategic pivot towards domestic demand, which accelerated despite significant disruptions in its export business. Profit after tax for the quarter stood at INR 20.5 crore, marking a 175% increase from the previous quarter, while EBITDA margins recovered to 6.7%.

For the full financial year FY26, revenue from operations grew approximately 23% year-on-year to INR 1,912 crores compared to INR 1,557 crores in FY25. EBITDA, including other income, was INR 117.5 crores with a margin of 6%, while profit after tax was INR 60 crores. The company noted that absolute EBITDA and PAT declined due to reciprocal tariffs imposed by the U.S., which disrupted export volumes. However, the domestic business grew 27% to INR 1,361 crore, increasing its share of total revenue to 71%.

Financial Performance

Operational Highlights

Metal throughput for FY26 reached 29,664 metric tons, an increase of roughly 12% year-on-year. The order book as of March 31, 2026, stood at INR 583 crores, comprising INR 508 crores of domestic orders and INR 76 crores of exports. Management highlighted that power cable orders reached a record INR 466 crores, up 66% year-on-year. The company’s existing plants at Dharuhera and Kushkhara are operating at optimal utilization, prompting the acceleration of a new greenfield project at Narmadapuram.

Strategic Outlook

The Narmadapuram facility, slated to commence operations in Q1 FY28, involves an investment of approximately INR 300 crores. Management targets sales of INR 500 crores from this plant in FY28, scaling up to INR 1,200 crores in FY29, with a focus on extra high voltage cables and specialized conductors. Looking ahead, the company aims to achieve a revenue milestone of INR 5,000 crores by FY31, driven by capacity expansion, deeper domestic penetration, and export diversification.