Paramount Speciality Forgings Ltd
Incorporated in 1994, Paramount Speciality Forgings Limited is a manufacturer of steel forgings in India, offering a diverse range of forged products.[1]
- Market Cap ₹ 130 Cr.
- Current Price ₹ 66.0
- High / Low ₹ 87.2 / 56.2
- Stock P/E 17.9
- Book Value ₹ 25.0
- Dividend Yield 0.00 %
- ROCE 29.2 %
- ROE 37.7 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 52 | 88 | 110 | 113 | |
| 46 | 84 | 105 | 99 | |
| Operating Profit | 6 | 3 | 6 | 13 |
| OPM % | 12% | 4% | 5% | 12% |
| 0 | 5 | 2 | 1 | |
| Interest | 2 | 1 | 1 | 2 |
| Depreciation | 5 | 3 | 3 | 2 |
| Profit before tax | -1 | 4 | 4 | 10 |
| Tax % | -51% | 18% | 23% | 28% |
| -0 | 3 | 3 | 7 | |
| EPS in Rs | 4.87 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 207% |
| TTM: | 163% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 15 | 20 |
| Reserves | 17 | 20 | 16 | 8 | 29 |
| 16 | 12 | 20 | 25 | 26 | |
| 16 | 23 | 36 | 34 | 34 | |
| Total Liabilities | 49 | 54 | 72 | 82 | 109 |
| 14 | 12 | 11 | 9 | 10 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 35 | 42 | 61 | 72 | 99 | |
| Total Assets | 49 | 54 | 72 | 82 | 109 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1 | 4 | -0 | -3 | |
| -0 | 3 | -1 | -0 | |
| -2 | -5 | 0 | 3 | |
| Net Cash Flow | -1 | 1 | -1 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 61 | 53 | 57 | 53 |
| Inventory Days | 222 | 105 | 142 | 204 |
| Days Payable | 176 | 106 | 155 | 146 |
| Cash Conversion Cycle | 106 | 52 | 44 | 111 |
| Working Capital Days | 89 | 66 | 75 | 117 |
| ROCE % | 3% | 15% | 29% |
Documents
Announcements
-
Press Release
15 November 2024 - Paramount Speciality Forgings Limited has informed regarding a press release dated November 15, 2024, titled "Financial Highlights for the Un-Audited Financial Results of the Company …
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
14 November 2024 - Paramount Speciality Forgings Limited has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Paramount Speciality Forgings Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
-
Related Party Transactions
14 November 2024 - Paramount Speciality Forgings Limited has informed about non applicablity to disclose the related Party Transactions under regulation 23(9).
-
Change in Auditors
14 November 2024 - Paramount Speciality Forgings Limited has informed regarding Change in Auditors of the company.
Annual reports
No data available.
Product Portfolio[1] The company manufactures a range of forged products, which include Tube Sheet Blanks, Forged Rings, Spacers, Girth Flanges, Tyre Rings, Self-reinforced nozzles, Long weld neck flanges, Seats, Valve bodies, Bonnet, etc.