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 ₹ 69.9 Cr.
- Current Price ₹ 35.5
- High / Low ₹ 83.0 / 34.2
- Stock P/E 15.6
- Book Value ₹ 26.4
- Dividend Yield 0.00 %
- ROCE 12.5 %
- ROE 11.9 %
- 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
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 | |
|---|---|---|---|---|---|
| 52 | 88 | 110 | 103 | 110 | |
| 46 | 84 | 105 | 90 | 101 | |
| Operating Profit | 6 | 3 | 6 | 13 | 9 |
| OPM % | 12% | 4% | 5% | 13% | 8% |
| 0 | 5 | 2 | 1 | 1 | |
| Interest | 2 | 1 | 1 | 2 | 2 |
| Depreciation | 5 | 3 | 3 | 4 | 1 |
| Profit before tax | -1 | 4 | 4 | 8 | 6 |
| Tax % | -51% | 18% | 23% | 29% | 24% |
| -0 | 3 | 3 | 5 | 4 | |
| EPS in Rs | 3.63 | 2.27 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 260% |
| TTM: | -17% |
| 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 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 15 | 20 |
| Reserves | 17 | 20 | 16 | 8 | 32 |
| 16 | 12 | 20 | 25 | 29 | |
| 16 | 23 | 36 | 33 | 35 | |
| Total Liabilities | 49 | 54 | 72 | 81 | 116 |
| 14 | 12 | 11 | 10 | 13 | |
| CWIP | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 35 | 42 | 61 | 70 | 103 | |
| Total Assets | 49 | 54 | 72 | 81 | 116 |
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
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 October 2025 - RTA submitted Reg 74(5) certificate for quarter/half year ended Sep 30, 2025; no dematerialisations.
-
Shareholders meeting
25 September 2025 - 25-Sep-2025 AGM: five resolutions passed, including Aliasgar Bhagat's continuation beyond 70 and reappointment.
-
Trading Window
25 September 2025 - Trading window closed from Oct 1, 2025 until 48 hours after unaudited H1 results (Sept 30, 2025).
-
Shareholders meeting
25 September 2025 - AGM on Sept 25, 2025: adopted FY2024-25 accounts; director reappointment; chairman continuation beyond 70; auditor appointments.
-
Copy of Newspaper Publication
3 September 2025 - Paramount Speciality Forgings AGM on 25 Sep 2025; e-voting 22–24 Sep; cut-off 18 Sep.
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.