Paramount Speciality Forgings schedules FY26 earnings call

Event	Date
Earnings Call	June 9, 2026
Digital Signature Date	June 3, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-6.29%	-6.29%	-1.53%	-37.19%	-66.67%

Paramount Speciality Forgings Limited reported a revenue of ₹11,995.97 lakh for the year ended March 31, 2026, compared to ₹10,993.26 lakh in the previous year. The company posted a net profit of ₹425.53 lakh for FY26, down from ₹446.57 lakh in FY25, as total expenses rose to ₹11,606.47 lakh from ₹10,503.10 lakh in the prior year. The Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, during a meeting held on May 29, 2026.

The statutory auditors, M/s. Kalyaniwalla & Mistry LLP, issued an unmodified opinion on the standalone financial results. The company noted that the figures for the half year ended March 31, 2026, are balancing figures between the audited full-year results and the published unaudited year-to-date figures.

Financial Performance

For the year ended March 31, 2026, the company's total income stood at ₹12,176.73 lakh, an increase from ₹11,090.10 lakh in the prior year. The basic and diluted earnings per share (EPS) for FY26 were ₹2.16, compared to ₹2.57 in the previous year.

Particulars	Year ended March 31, 2026 (₹ in Lakhs)	Year ended March 31, 2025 (₹ in Lakhs)
Revenue from operations	11,995.97	10,993.26
Total Income	12,176.73	11,090.10
Total Expenses	11,606.47	10,503.10
Profit for the period	425.53	446.57
EPS (Basic and Diluted)	2.16	2.57

IPO Proceeds Utilisation

The company raised ₹2,833.18 lakh through its Initial Public Offer (IPO) in the previous year. As of March 31, 2026, the total amount utilised was ₹2,197.16 lakh, leaving an unutilised balance of ₹636.02 lakh. The funds were primarily allocated towards capital expenditure for the Khalapur Plant expansion and general corporate purposes.

Objects of the Issue	Amount Allocated (₹ in Lakhs)	Actual Utilised Amount (₹ in Lakhs)
Capital expenditure	2,381.28	1,785.88
General Corporate Purpose	72.38	33.57
Offer Related Expenses	379.52	377.71
Total	2,833.18	2,197.16

Key Appointments

The board approved the appointment of M/s. Jitendrakumar & Associates as Cost Auditors and M/s. Pipalia Singhal & Associates as Internal Auditors for FY 2026-27. Furthermore, Mr. Zubin Chandul Shah was appointed as the Company Secretary and Compliance Officer effective May 29, 2026, pursuant to Section 203 of the Companies Act, 2013, and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.