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 ₹ 51.0 Cr.
- Current Price ₹ 25.9
- High / Low ₹ 78.0 / 25.5
- Stock P/E 10.1
- Book Value ₹ 27.5
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 11.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.94 times its book value
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
Industrials Capital Goods Industrial Products Other Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 52 | 88 | 110 | 103 | 110 | 121 | |
| 46 | 84 | 105 | 90 | 101 | 112 | |
| Operating Profit | 6 | 3 | 6 | 13 | 9 | 9 |
| OPM % | 12% | 4% | 5% | 13% | 8% | 7% |
| 0 | 5 | 2 | 1 | 1 | 2 | |
| Interest | 2 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 5 | 3 | 3 | 4 | 1 | 2 |
| Profit before tax | -1 | 4 | 4 | 8 | 6 | 7 |
| Tax % | -51% | 18% | 23% | 29% | 24% | |
| -0 | 3 | 3 | 5 | 4 | 5 | |
| EPS in Rs | 3.63 | 2.27 | 2.57 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 260% |
| TTM: | 33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 15 | 20 | 20 |
| Reserves | 17 | 20 | 16 | 8 | 32 | 34 |
| 16 | 12 | 20 | 25 | 29 | 26 | |
| 16 | 23 | 36 | 33 | 35 | 31 | |
| Total Liabilities | 49 | 54 | 72 | 81 | 116 | 112 |
| 14 | 12 | 11 | 10 | 13 | 12 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 9 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 35 | 42 | 61 | 70 | 103 | 91 | |
| Total Assets | 49 | 54 | 72 | 81 | 116 | 112 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1 | 4 | -0 | -4 | -3 | |
| -0 | 3 | -1 | 0 | -10 | |
| -2 | -5 | 0 | 4 | 27 | |
| Net Cash Flow | -1 | 1 | -1 | -0 | 14 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 61 | 53 | 57 | 58 | 68 |
| Inventory Days | 222 | 105 | 142 | 228 | 252 |
| Days Payable | 176 | 106 | 155 | 163 | 168 |
| Cash Conversion Cycle | 106 | 52 | 44 | 123 | 152 |
| Working Capital Days | 17 | 24 | 10 | 40 | 54 |
| ROCE % | 3% | 15% | 23% | 12% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
24 January 2026 - Management held Valueportal investor interaction on Jan 23, 2026; no UPSI; recording on company website.
-
Analysts/Institutional Investor Meet/Con. Call Updates
23 January 2026 - Management participated in Valueportal investor interaction on Jan 23, 2026; no UPSI shared.
-
Press Release
16 January 2026 - 9M FY26: Net sales ₹88 crore; order book ₹55–60 crore; capacity 45%; lab go‑live Feb 2026.
-
Structural Digital Database
14 January 2026 - Paramount Speciality Forgings submitted SDD Compliance Certificate for quarter ended December 31, 2025 on January 13, 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 January 2026 - Reg 74(5) certificate for quarter ended 31 Dec 2025; RTA Purva Sharegistry; nil dematerialisations.
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.