Parmeshwar Metal Ltd
Incorporated in August 2016, Parmeshwar Metal Limited manufactures copper wire and rods by recycling copper scrap.[1]
- Market Cap ₹ 337 Cr.
- Current Price ₹ 220
- High / Low ₹ 223 / 60.0
- Stock P/E 10.4
- Book Value ₹ 66.7
- Dividend Yield 0.34 %
- ROCE 43.5 %
- ROE 37.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 52.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.2%
Cons
* 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 Aluminium, Copper & Zinc Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 213 | 289 | 538 | 902 | 972 | 1,100 | 1,382 | 1,973 | |
| 0 | 211 | 284 | 531 | 891 | 958 | 1,089 | 1,367 | 1,930 | |
| Operating Profit | -0 | 3 | 5 | 8 | 12 | 14 | 11 | 15 | 43 |
| OPM % | 1% | 2% | 1% | 1% | 1% | 1% | 1% | 2% | |
| 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 3 | |
| Interest | 0 | 1 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 1 | 3 | 5 | 9 | 12 | 10 | 15 | 43 |
| Tax % | 57% | 16% | 28% | 28% | 25% | 26% | 26% | 25% | |
| 0 | 0 | 2 | 4 | 7 | 9 | 7 | 11 | 32 | |
| EPS in Rs | 0.00 | 5.73 | 30.80 | 52.27 | 91.33 | 118.67 | 9.51 | 7.17 | 21.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 27% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 54% |
| TTM: | 196% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 230% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 29% |
| Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 8 | 8 | 8 | 8 | 8 | 8 | 15 | 15 |
| Reserves | -0 | 0 | 3 | 7 | 14 | 22 | 30 | 55 | 87 |
| 11 | 23 | 17 | 12 | 14 | 17 | 22 | 11 | 23 | |
| 0 | 4 | 5 | 5 | 6 | 8 | 9 | 7 | 14 | |
| Total Liabilities | 14 | 35 | 32 | 32 | 41 | 54 | 68 | 89 | 140 |
| 0 | 9 | 9 | 9 | 10 | 12 | 12 | 12 | 16 | |
| CWIP | 8 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 28 |
| 5 | 26 | 23 | 22 | 29 | 42 | 55 | 77 | 95 | |
| Total Assets | 14 | 35 | 32 | 32 | 41 | 54 | 68 | 89 | 140 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -7 | 3 | 3 | 5 | -2 | 2 | -4 | 22 | ||
| -1 | -0 | -2 | -2 | -2 | -2 | -5 | -33 | ||
| 10 | -6 | -2 | -1 | 1 | 3 | 10 | 9 | ||
| Net Cash Flow | 3 | -3 | -0 | 2 | -3 | 2 | 0 | -2 | |
| Free Cash Flow | -7 | 3 | 2 | 4 | -4 | 0 | -5 | 17 | |
| CFO/OP | -254% | 68% | 25% | 53% | 1% | 37% | -2% | 76% |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 16 | 10 | 6 | 8 | 7 | 9 | 6 | |
| Inventory Days | 19 | 13 | 4 | 3 | 4 | 7 | 1 | 7 | |
| Days Payable | 6 | 4 | 2 | 1 | 1 | 2 | 1 | 2 | |
| Cash Conversion Cycle | 30 | 24 | 12 | 9 | 11 | 11 | 9 | 11 | |
| Working Capital Days | 21 | 18 | 12 | 7 | 11 | 9 | 13 | 16 | |
| ROCE % | 10% | 16% | 26% | 36% | 33% | 24% | 24% | 44% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Raw Material Consumption (Imported) ₹ Lakhs |
|
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| Raw Material Consumption (Indigenous) ₹ Lakhs |
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| Trade Receivables Turnover Ratio Times |
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| Installed Capacity (Copper Rods and Wires) Tonnes Per Annum (TPA) |
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| Number of Permanent Employees Count |
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Extracted by Screener AI
Documents
Announcements
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Statement On Deviation Or Variation
8 May - Parmeshwar Metal approved FY26 audited results, Rs.1.25 final dividend, auditor appointments, and no public issue deviation.
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Appointment Of Cost Auditor Of Company.
8 May - Board approved FY26 audited results, Rs.1.25 final dividend, auditor appointments, and no deviation in public issue proceeds.
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Appointment Of Internal Auditor Of Company.
8 May - Board approved FY26 audited results, Rs.1.25 dividend, auditor appointments, and no public issue deviation.
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Corporate Action-Board approves Dividend
8 May - Board approved FY26 audited results, Rs.1.25 final dividend, auditor appointments, and no IPO fund deviation.
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Financial Results For March 31, 2026.
8 May - Board approved FY26 audited results, recommended Rs. 1.25 dividend, and reported no fund deviation.
Business Overview[1]
Parmeshwar Metal Limited, ISO 9001:2015 certified, manufactures customized copper wires and rods from recycled scrap, catering to diverse industries.
Product Portfolio[2]
Copper Wire Rods: 8 MM, 12.5 MM, and 1.6 MM tailored to customer specifications.
Proposed Product: Bunched Copper Wire for enhanced flexibility and conductivity.