Paramount Speciality Forgings Ltd
Incorporated in 1994, Paramount Speciality Forgings Ltd is a manufacturer of carbon steel and stainless-steel flanges and fittings and other engineering goods.[1]
- Market Cap ₹ 68.0 Cr.
- Current Price ₹ 34.6
- High / Low ₹ 47.0 / 21.2
- Stock P/E 16.0
- Book Value ₹ 28.6
- Dividend Yield 0.00 %
- ROCE 9.41 %
- ROE 7.87 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 52 | 88 | 110 | 113 | 110 | 120 | |
| 46 | 84 | 105 | 99 | 101 | 112 | |
| Operating Profit | 6 | 3 | 6 | 13 | 9 | 7 |
| OPM % | 12% | 4% | 5% | 12% | 8% | 6% |
| 0 | 5 | 2 | 1 | 1 | 2 | |
| Interest | 2 | 1 | 1 | 2 | 2 | 2 |
| Depreciation | 5 | 3 | 3 | 2 | 1 | 2 |
| Profit before tax | -1 | 4 | 4 | 10 | 6 | 6 |
| Tax % | -51% | 18% | 23% | 28% | 24% | 25% |
| -0 | 3 | 3 | 7 | 4 | 4 | |
| EPS in Rs | 4.87 | 2.27 | 2.16 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 3% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 78% |
| 3 Years: | 16% |
| TTM: | -5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 15 | 20 | 20 |
| Reserves | 17 | 20 | 16 | 8 | 32 | 37 |
| 16 | 12 | 20 | 25 | 29 | 28 | |
| 16 | 23 | 36 | 34 | 35 | 43 | |
| Total Liabilities | 49 | 54 | 72 | 82 | 116 | 128 |
| 14 | 12 | 11 | 9 | 13 | 13 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 15 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 35 | 42 | 61 | 72 | 103 | 99 | |
| Total Assets | 49 | 54 | 72 | 82 | 116 | 128 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1 | 4 | -0 | -4 | -3 | 6 | |
| -0 | 3 | -1 | 0 | -10 | -17 | |
| -2 | -5 | 0 | 4 | 27 | -2 | |
| Net Cash Flow | -1 | 1 | -1 | -0 | 14 | -14 |
| Free Cash Flow | 0 | 7 | -1 | -5 | -8 | -12 |
| CFO/OP | 25% | 153% | 20% | -21% | 3% | 104% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 61 | 53 | 57 | 53 | 68 | 77 |
| Inventory Days | 222 | 105 | 142 | 204 | 252 | 237 |
| Days Payable | 176 | 106 | 155 | 146 | 168 | 172 |
| Cash Conversion Cycle | 106 | 52 | 44 | 111 | 152 | 142 |
| Working Capital Days | 17 | 24 | 10 | 37 | 54 | 56 |
| ROCE % | 3% | 15% | 29% | 12% | 9% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Forging Capacity Utilization % |
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| Installed Forging Capacity MTPA |
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| Order Book Value INR Crore |
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| Machining Capacity Utilization % |
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| Revenue Contribution - Exports % |
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| New Clients Added Number |
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| Total Workforce Number |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
13 June 2026 - Transcript of H2/FY26 call: 1MW solar, 10-ton hammer and 2,000-ton press, FY27 revenue target 150-160 crore.
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Analysts/Institutional Investor Meet/Con. Call Updates
9 June 2026 - Audio recording of H2 and FY26 post-earnings investor conference call available on company website.
-
Investor Presentation
9 June 2026 - Investor presentation shared for H2 and FY26 performance, including solar project progress and business overview.
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Disclosure under SEBI Takeover Regulations
5 June 2026 - Promoters disclosed no encumbrance on PSFL equity shares for FY ended March 31, 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
3 June 2026 - H2 and FY26 earnings call scheduled for 9 June 2026 at 4:00 PM.
Annual reports
Concalls
-
Jun 2026Transcript PPT REC
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Jan 2026TranscriptPPT
Business Overview:[1][2]
PSFL started as a partnership firm by the members of Hararwala and Bhagat family.
It is engaged in manufacturing and exports of carbon steel, stainless steel, and alloy
steel forged flanges used in pipe fittings catering to the oil and gas and petrochemicals industry.
The company procures primary raw materials viz. stainless steel (SS) bars, billets, rounds and mild steel (MS) plates, rounds, etc. entirely from domestic market