Paramount Communications
32.55
+0.60(+1.88%)
Market Cap₹993.46 Cr
PE Ratio16.87
Company Performance:
1D+1.88%
1M-6.57%
6M-27.38%
1Y-36.48%
5Y+282.94%
View Company Insightsright
More news about Paramount Communications
26Dec 25
Paramount Communications Promoter Sandeep Aggarwal Acquires 27,000 Shares
Paramount Communications Limited filed regulatory disclosure for promoter Sandeep Aggarwal's acquisition of 27,000 equity shares through open market purchase on December 24, 2025. The transaction, valued at ₹9,52,705, marginally increased the promoter group's shareholding from 49.05% to 49.06%, with disclosure made under SEBI regulations.
 no imag found
10Dec 25
Paramount Communications Boosts Employee Ownership with 1.76 Lakh Equity Share Allotment
Paramount Communications, an Indian cable and wire industry player, has allotted 1,76,886 equity shares to employees under its Stock Incentive Plan. This increased the company's paid-up share capital from ₹61,00,65,856 to ₹61,04,19,628 and the number of equity shares from 30,50,32,928 to 30,52,09,814. The new shares will have equal rights as existing shares. This move aligns with the company's recent financial growth, with total assets increasing by 9.82% and shareholders' capital by 14.53% in FY 2025.
 no imag found
13Nov 25
Paramount Communications Reports 30% Decline in Q2 Profit to Rs 13.26 Crores
Paramount Communications Limited's Q2 results show a decline in profitability despite revenue growth. The company reported revenue of Rs 450.47 crores, down 2.5% from the previous quarter. Net profit fell 30% to Rs 13.26 crores. For the half-year, net profit was Rs 32.26 crores with revenue of Rs 695.42 crores. The company received significant other income from matured key man insurance policies. Paramount also announced the divestment of its wholly-owned subsidiary, Valens Technologies Private Limited.
 no imag found
06Nov 25
Paramount Communications to Divest Wholly Owned Subsidiary Valens Technologies
Paramount Communications Limited has decided to sell its entire stake in its wholly owned subsidiary, Valens Technologies Private Limited (VTPL). The divestment, approved by the Banking Finance Committee, involves selling 1,93,996 equity shares. The sale agreement was signed on November 6, 2025, with the transaction expected to conclude by November 15, 2025. The initial acquisition cost was Rs. 1,97,87,592, while the sale consideration is Rs. 2,05,63,576. VTPL's revenue for FY 2025 was Rs. 20,84,07,247, with a net worth of Rs. 35.00 lakh as of March 31, 2025. The divestment is attributed to negative growth and uncertain future prospects. The buyers are Marwar Portfolio Private Limited and Mr. Sanjeev Kumar Jain, unrelated to Paramount's promoter group.
 no imag found
13Aug 25
Paramount Communications Reports Q1 Results, Schedules AGM, and Approves Director Continuation
Paramount Communications announced Q1 FY24 results with standalone revenue up 43.90% YoY to Rs 450.87 crore. Net profit declined to Rs 19.00 crore from Rs 25.18 crore last year. The company received a one-time gain of Rs 13.91 crore from a keyman insurance policy. The Board scheduled the 31st AGM for September 29 and approved the continuation of Mr. Vijay Maheshwari as Director upon reaching 75 years, subject to shareholder approval.
 no imag found
24Jul 25
Paramount Communications Plans Rs 135 Crore Fund Raise, Appoints New Directors
Paramount Communications Limited plans to raise up to Rs 135 crore through various securities and issue 50 lakh warrants to a promoter group entity. The funds will be used for working capital, business expansion, debt reduction, and general corporate purposes. The company also appointed two new independent directors, Mr. Sanjay Kumar Srivastava and Ms. Anjali Verma, to strengthen its board. An EGM is scheduled for August 18, 2025, to seek shareholder approval for these proposals.
 no imag found
21Jul 25
Paramount Communications Announces Rs 300 Crore Convertible Warrant Allotment to Promoter Entity
Paramount Communications' board has approved issuing up to 5 million convertible warrants to promoter entity Hertz Electricals (International) Private Limited at Rs 60 per warrant. Each warrant is convertible into one equity share within 18 months of allotment. The payment structure involves 25% at subscription and 75% upon exercise. This move could potentially raise up to Rs 300 crore for the company.
 no imag found
16Jul 25
Paramount Communications to Explore Equity and Bond Fundraising Options
Paramount Communications Limited (PCL) plans to explore fundraising opportunities through equity and bonds. The Board will meet on July 21, 2025, to consider proposals for raising funds via various financial instruments including equity shares, convertible bonds, debentures, warrants, preference shares, and FCCBs. The company may use methods such as private placement or preferential issue. PCL's financial position shows growth with total assets at Rs 902.80 crore and total equity at Rs 716.70 crore as of March 31, 2025. The Board will also consider convening an EGM for shareholder approval. The trading window for designated persons is closed until after Q1 FY2025-26 results are declared.
 no imag found
22May 25
Paramount Communication Achieves Zero Debt, Reports Capacity Enhancement and US Market Growth
Paramount Communication Ltd. has announced significant operational and financial developments. The company has enhanced its production capacity, reported strong growth in the US market, and achieved zero debt status. These improvements indicate increased production capabilities, successful international expansion, and improved financial health.
 no imag found
21May 25
Paramount Communications Reports Mixed Q4 Results: Revenue Surges, Profit Declines
Paramount Communications released Q4 financial results showing strong revenue growth but declining profitability. Revenue increased 57% year-over-year to ₹5,070.00 million. EBITDA grew 16.90% to ₹316.90 million, but EBITDA margin fell to 6.25% from 8.39%. Net profit decreased 36.50% to ₹187.40 million compared to the same quarter last year. The results highlight the company's ability to capture market demand while facing challenges in maintaining profitability amid rapid growth.
 no imag found
Paramount Communications
32.55
+0.60
(+1.88%)
1 Year Returns:-36.48%
Industry Peers
Polycab
6,878.00
(-0.68%)
KEI Industries
4,048.10
(-2.10%)
RR Kabel
1,333.60
(+0.02%)
Finolex Cables
797.65
(-0.14%)
Universal Cables
671.05
(-1.96%)
V Marc
637.50
(+2.66%)
Dynamic Cables
270.69
(+3.89%)
Quadrant Future Tek
286.45
(+0.12%)
Divine Power Energy
416.20
(-0.73%)