Share Price and Basic Stock Data

Last Updated: November 22, 2024, 9:47 pm

Market Cap	2,036 Cr.
Current Price	66.8
High / Low	117/61.1
Stock P/E	21.0
Book Value	22.2
Dividend Yield	0.00 %
ROCE	15.3 %
ROE	19.4 %
Face Value	2.00
PEG Ratio	1.35

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Paramount Communications Ltd

Competitors of Paramount Communications Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Vindhya Telelinks Ltd	2,302 Cr.	1,943	3,233/1,850	9.97	3,490	0.77 %	10.9 %	7.64 %	10.0
Tamil Nadu Telecommunications Ltd	42.0 Cr.	9.47	17.3/8.20		37.2	0.00 %	%	%	10.0
Surana Telecom and Power Ltd	262 Cr.	19.4	30.5/10.4	26.3	10.3	0.00 %	3.87 %	3.27 %	1.00
Sterlite Technologies Ltd	5,549 Cr.	114	159/110		60.2	0.00 %	4.80 %	3.52 %	2.00
Paramount Communications Ltd	2,036 Cr.	66.8	117/61.1	21.0	22.2	0.00 %	15.3 %	19.4 %	2.00
Industry Average	1,820.33 Cr	338.32		35.64	529.88	0.23%	12.96%	29.45%	5.71

All Competitor Stocks of Paramount Communications Ltd

Quarterly Result

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	152	164	96	138	163	183	164	213	218	202	211	252	284
Expenses	147	159	94	133	157	176	156	199	203	191	194	231	260
Operating Profit	5	6	2	5	6	7	8	14	15	11	17	21	24
OPM %	3%	3%	3%	4%	4%	4%	5%	7%	7%	6%	8%	8%	8%
Other Income	1	1	1	1	1	2	3	3	4	7	2	2	2
Interest	2	1	2	2	2	1	1	2	2	2	2	1	1
Depreciation	2	2	2	2	2	2	2	2	2	2	2	2	2
Profit before tax	2	3	-1	2	3	5	7	13	14	14	15	20	22
Tax %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	2	3	-1	2	3	5	7	13	14	14	15	19	22
EPS in Rs	0.10	0.13	-0.05	0.08	0.14	0.25	0.36	0.65	0.74	0.71	0.62	0.82	0.79

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	699	677	412	451	308	314	433	614	606	518	580	794	949
Expenses	713	685	431	486	351	362	436	571	561	501	559	746	876
Operating Profit	-14	-8	-20	-35	-44	-48	-3	42	45	17	20	48	73
OPM %	-2%	-1%	-5%	-8%	-14%	-15%	-1%	7%	7%	3%	4%	6%	8%
Other Income	20	45	-29	4	2	92	31	3	3	3	4	16	12
Interest	44	49	42	61	74	20	4	8	11	7	6	7	6
Depreciation	13	12	11	9	9	10	9	9	11	9	10	9	9
Profit before tax	-50	-24	-101	-101	-124	15	15	29	26	3	8	48	70
Tax %	-0%	-0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	-50	-25	-101	-101	-124	15	15	29	26	3	8	48	70
EPS in Rs	-5.42	-1.96	-8.05	-8.06	-9.89	1.17	1.03	1.70	1.43	0.16	0.42	2.46	2.94
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	50.00%	-304.00%	0.00%	-22.77%	112.10%	0.00%	93.33%	-10.34%	-88.46%	166.67%	500.00%
Change in YoY Net Profit Growth (%)	0.00%	-354.00%	304.00%	-22.77%	134.87%	-112.10%	93.33%	-103.68%	-78.12%	255.13%	333.33%

Paramount Communications Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	10%
5 Years:	12%
3 Years:	27%
TTM:	45%

Compounded Profit Growth
10 Years:	12%
5 Years:	24%
3 Years:	202%
TTM:	56%

Stock Price CAGR
10 Years:	42%
5 Years:	50%
3 Years:	82%
1 Year:	7%

Return on Equity
10 Years:	%
5 Years:	14%
3 Years:	16%
Last Year:	19%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:55 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	25	25	25	25	25	29	34	37	39	39	39	61	61
Reserves	-48	-143	-246	-368	-36	58	107	145	154	163	211	563	614
Borrowings	418	349	405	354	217	203	210	210	202	187	160	103	22
Other Liabilities	176	176	171	297	116	101	118	120	76	93	94	99	133
Total Liabilities	571	407	355	308	321	390	469	512	471	481	504	827	830
Fixed Assets	98	88	81	75	138	130	132	145	142	135	128	169	196
CWIP	0	0	0	0	0	0	0	0	0	0	0	1	1
Investments	1	1	0	0	0	0	0	0	0	0	10	56	0
Other Assets	472	318	274	233	183	260	337	367	329	346	366	600	633
Total Assets	571	407	355	308	321	390	469	512	471	481	504	827	830

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	68	137	14	138	52	20	-18	14	14	15	11	-101
Cash from Investing Activity +	55	1	-2	-1	2	1	-8	-6	-3	-1	-16	-96
Cash from Financing Activity +	-123	-136	-7	-127	-53	-18	25	-8	-5	-19	22	183
Net Cash Flow	-0	2	5	10	1	4	-1	-0	6	-6	17	-13

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	-14.00	-426.00	-369.00	-440.00	-398.00	-265.00	-206.00	-168.00	-165.00	-185.00	-167.00	-112.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	105	122	128	152	135	159	127	125	118	109	78	86
Inventory Days	163	149	65	69	17	29	60	88	88	92	71	108
Days Payable	67	82	28	66	25	95	80	88	59	67	25	39
Cash Conversion Cycle	200	189	164	156	127	93	107	125	147	134	123	155
Working Capital Days	139	74	14	-203	36	105	107	126	150	142	128	153
ROCE %	-4%	-9%	-20%	-52%	-49%	-3%	12%	10%	3%	4%	14%	15%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	62.12%	62.12%	62.12%	62.12%	62.12%	62.12%	62.12%	63.90%	62.68%	53.51%	49.31%	49.31%
FIIs	0.01%	0.00%	0.00%	0.00%	0.06%	0.07%	0.55%	0.86%	0.52%	7.60%	6.98%	7.10%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%	0.00%	0.00%	0.00%
Public	37.88%	37.88%	37.88%	37.88%	37.82%	37.80%	37.34%	35.24%	36.58%	38.89%	43.71%	43.58%
No. of Shareholders	40,456	42,106	44,494	44,915	44,152	40,819	43,696	44,766	59,333	70,897	97,446	1,05,504

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	3.29	2.40	0.42	0.17	1.53
Diluted EPS (Rs.)	3.29	2.40	0.42	0.17	1.52
Cash EPS (Rs.)	3.13	2.94	0.91	0.62	2.03
Book Value[Excl.RevalReserv]/Share (Rs.)	20.57	12.87	10.39	9.94	9.76
Book Value[Incl.RevalReserv]/Share (Rs.)	20.57	12.87	10.39	9.94	9.76
Revenue From Operations / Share (Rs.)	35.28	41.02	29.92	26.73	32.92
PBDIT / Share (Rs.)	3.21	3.31	1.24	0.98	2.60
PBIT / Share (Rs.)	2.90	2.83	0.75	0.52	2.00
PBT / Share (Rs.)	2.70	2.46	0.42	0.15	1.43
Net Profit / Share (Rs.)	2.82	2.46	0.42	0.15	1.43
NP After MI And SOA / Share (Rs.)	2.82	2.46	0.42	0.15	1.43
PBDIT Margin (%)	9.08	8.06	4.15	3.70	7.90
PBIT Margin (%)	8.20	6.89	2.51	1.95	6.08
PBT Margin (%)	7.65	5.99	1.41	0.59	4.34
Net Profit Margin (%)	7.99	5.99	1.41	0.59	4.34
NP After MI And SOA Margin (%)	7.99	5.99	1.41	0.59	4.34
Return on Networth / Equity (%)	13.71	19.11	4.06	1.60	14.66
Return on Capital Employeed (%)	13.66	13.39	3.94	2.67	9.61
Return On Assets (%)	10.35	9.47	1.70	0.65	5.14
Long Term Debt / Equity (X)	0.02	0.44	0.77	0.90	1.03
Total Debt / Equity (X)	0.16	0.63	0.86	0.90	1.03
Asset Turnover Ratio (%)	1.61	1.62	1.22	1.06	1.24
Current Ratio (X)	3.40	3.90	2.99	3.38	2.74
Quick Ratio (X)	2.12	2.69	1.95	2.28	1.89
Inventory Turnover Ratio (X)	4.87	5.15	4.28	3.80	5.26
Interest Coverage Ratio (X)	16.47	8.95	3.77	2.73	4.55
Interest Coverage Ratio (Post Tax) (X)	15.50	7.66	2.28	1.44	3.50
Enterprise Value (Cr.)	2110.55	733.19	349.96	312.68	293.12
EV / Net Operating Revenue (X)	1.97	0.92	0.60	0.60	0.48
EV / EBITDA (X)	21.70	11.42	14.49	16.27	6.12
MarketCap / Net Operating Revenue (X)	1.90	0.76	0.32	0.30	0.20
Price / BV (X)	3.26	2.42	0.93	0.82	0.68
Price / Net Operating Revenue (X)	1.90	0.76	0.32	0.30	0.20
EarningsYield	0.04	0.07	0.04	0.01	0.21

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Paramount Communications Ltd as of November 23, 2024 is: 92.25

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 23, 2024, Paramount Communications Ltd is Undervalued by 38.10% compared to the current share price 66.80

Intrinsic Value of Paramount Communications Ltd as of November 23, 2024 is: 106.55

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 23, 2024, Paramount Communications Ltd is Undervalued by 59.51% compared to the current share price 66.80

Last 5 Year EPS CAGR: 15.51%

*Investments are subject to market risks

Strength and Weakness

Strength

Weakness

The stock is trading at a low valuation with an average P/B ratio of 1.80 and average Dividend Yield of 5.13%.

The stock has a low average ROCE of -6.58%, which may not be favorable.
The stock has a high average Working Capital Days of 80.92, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 143.33, which may not be favorable.
The company has higher borrowings (233.85) compared to reserves (90.31), which may suggest financial risk.
The company has not shown consistent growth in sales (565.77) and profit (-14.31).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Paramount Communications Ltd:
1. Net Profit Margin: 7.99%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 13.66% (Industry Average ROCE: 11.11%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.71% (Industry Average ROE: 25.25%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 15.5
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.12
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 21 (Industry average Stock P/E: 20.37)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.16
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Paramount Communications Ltd. is a Public Limited Listed company incorporated on 05/09/1994 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1994PLC061295 and registration number is 061295. Currently company belongs to the Industry of Cables - Telecom. Company’s Total Operating Revenue is Rs. 580.94 Cr. and Equity Capital is Rs. 38.84 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Cables - Power/Others	KH-433, Maulsari Avenue, Westend Greens, Rangpuri New Delhi Delhi 110037	pcl@paramountcables.com http://www.paramountcables.com

Management
Name	Position Held
Mr. Sanjay Aggarwal	Chairman & CEO
Mr. Sandeep Aggarwal	Managing Director
Mrs. Malini Gupta	Independent Director
Mr. Vijay Maheshwari	Independent Director
Mrs. Praveena kala	Independent Director
Dr. Harish Pal Kumar	Independent Director
Mr. Narendra Kumar Goyal	Independent Director

FAQ

What is the latest intrinsic value of Paramount Communications Ltd?

The latest intrinsic value of Paramount Communications Ltd as on 23 November 2024 is ₹92.25, which is 38.10% higher than the current market price of ₹66.80.

What is the Market Cap of Paramount Communications Ltd?

The Market Cap of Paramount Communications Ltd is 2,036 Cr..

What is the current Stock Price of Paramount Communications Ltd as on 23 November 2024?

The current stock price of Paramount Communications Ltd as on 23 November 2024 is 66.8.

What is the High / Low of Paramount Communications Ltd stocks in FY 2024?

In FY 2024, the High / Low of Paramount Communications Ltd stocks is 117/61.1.

What is the Stock P/E of Paramount Communications Ltd?

The Stock P/E of Paramount Communications Ltd is 21.0.

What is the Book Value of Paramount Communications Ltd?

The Book Value of Paramount Communications Ltd is 22.2.

What is the Dividend Yield of Paramount Communications Ltd?

The Dividend Yield of Paramount Communications Ltd is 0.00 %.

What is the ROCE of Paramount Communications Ltd?

The ROCE of Paramount Communications Ltd is 15.3 %.

What is the ROE of Paramount Communications Ltd?

The ROE of Paramount Communications Ltd is 19.4 %.

What is the Face Value of Paramount Communications Ltd?

The Face Value of Paramount Communications Ltd is 2.00.

Share Price and Basic Stock Data

Stock P/E, Current Price, and Intrinsic Value Over Time

Competitors of Paramount Communications Ltd

Quarterly Result

Quarterly Chart

Profit & Loss - Annual Report

Profit & Loss Yearly Chart

YoY Net Profit Growth

Growth

Balance Sheet

Reserves and Borrowings Chart

Cash Flow

Free Cash Flow

Free Cash Flow Chart

Financial Efficiency Indicators

Financial Efficiency Indicators Chart

Share Holding Pattern

Shareholding Pattern Chart

No. of Shareholders

ROCE Trend

EPS Trend

Key Financial Ratios

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Strength and Weakness

Stock Analysis

About the Company - Qualitative Analysis

FAQ

What is the latest intrinsic value of Paramount Communications Ltd?

What is the Market Cap of Paramount Communications Ltd?

What is the current Stock Price of Paramount Communications Ltd as on 23 November 2024?

What is the High / Low of Paramount Communications Ltd stocks in FY 2024?

What is the Stock P/E of Paramount Communications Ltd?

What is the Book Value of Paramount Communications Ltd?

What is the Dividend Yield of Paramount Communications Ltd?

What is the ROCE of Paramount Communications Ltd?

What is the ROE of Paramount Communications Ltd?

What is the Face Value of Paramount Communications Ltd?

About the Author

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