Paramount Communications share price today

Paramount Communications Ltd's share price was ₹68.30 at the close on 5 November 2026. It has been rising for 23 weeks. That is 20.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹31 and ₹74, and at that close it sat 87% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Paramount Communications Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +2,632% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

6 points on a year earlier.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹560 crore, +30.8% on a year earlier.

   Why: Revenue rose because domestic cable demand was strong from power grid, renewable, railway and metro projects, and exports also improved.

   Next results: check whether US distributors reorder more now that Indian cables are on equal tariff terms, without chasing sales that make little profit.

   From the earnings call on 27 Oct 2026.

3. Operating margin up 5.6 points on a year earlier

   7% in the September 2026 quarter, from 1.4%.

   Why: Margins rose because the domestic business recovered from the low-price period that had squeezed them.

   Next results: check whether the operating margin keeps improving toward about 8% by Q4 FY27, not counting any money later given back to customers.

   From the earnings call on 27 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Paramount Communications reported revenue of ₹560 crore, up 30.8% from ₹428 crore a year earlier, and a profit of ₹24.0 crore, up 84.6% from ₹13.0 crore.

Paramount Communications results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Paramount Communications' management discussed these results on a call held on 27 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Paramount Communications closed at ₹68.30 on 5 November 2026, up 63.7% from ₹41.71 a year earlier (7 November 2025) and up 496.5% over five years. Its highest weekly close since March 2016 was ₹111.65 on 20 January 2024.

Paramount Communications share price: then and now

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 5 November 2026.

5 Nov 2026: Paramount Communications closed at ₹68.30, up 11.3% on the week and up 22.4% on the month. 27 Oct 2026: Paramount Communications held its results call for July to September 2026. Management guided: FY27 revenue growth of 15-20%, including 15-18% from existing plants.

Earlier

• Results for July to September 2026: Revenue up 30.8% and profit up 84.6% on a year earlier.

Paramount Communications has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Paramount Communications Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 27 October 2026, Paramount Communications' management guided: FY27 revenue growth of 15-20%, including 15-18% from existing plants.

“We do not accept firm price orders with long delivery period beyond three to four months, because that is how we protect ourselves from metal volatility.”Sanjay Aggarwal, on the call for July to September 2026

What management guided

• US exports planned at 25-30% of FY27 revenue, around ₹700 crore.
• January to March 2027 operating margin around 8%, excluding net clawback; HTLS margins in double digits as mix grows.
• Narmadapuram partial commissioning in April to June 2027; revenue ₹500 crore FY28 and ₹1,200 crore FY29; 66 kV approval 3-6 months after start, 132 kV within 12 months, 220 kV later; total metal capacity about 60,000 tonnes by FY30.
• Working capital to normalize to 90-100 days in H2 FY27, with positive working-capital cash generation from internal accruals.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 27 October 2026.

When Paramount Communications reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Operating-margin trajectory - check whether domestic resilience and US normalization continue to support underlying profitability.

Paramount Communications is on one of our India lists: Penny stocks.

Paramount Communications Ltd earned ₹24.0 Cr of net profit in the Sep 2026 quarter, +84.6% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹60.0 Cr. That is 4.3% of the quarter's revenue. The same quarter a year earlier earned ₹13.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹60.0 Cr (−31.0% on the year before).

Why profit moved: revenue changed +30.8% on a year earlier and the margin moved +5.6 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +9.2% and revenue +19.7%. Profit is growing slower than sales: rising costs are taking part of the growth.

Paramount Communications Ltd reported ₹560 Cr of revenue in the Sep 2026 quarter, +30.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 20.0% a year on average. The last full year, FY26, came in at ₹1,911 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,123 Cr.

FY26 revenue was ₹1,911 Cr, +21.4% on the year before.

Recent pace: the last four quarters grew +19.7% on average, against 20.0% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.4%, against +28.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −1.4%, against −13.4% a year (accelerating).

Paramount Communications Ltd's operating margin was 7.0% in the Sep 2026 quarter, 5.6 percentage points higher than the same quarter a year ago. Across 13 years it has been between −15.0% and 8.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +5.8 percentage points on the year while gross margin changed −1.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years Paramount Communications Ltd's operations used more cash than they brought in, so cash conversion was −15%, a gap worth watching. In FY26 its operations used ₹38.0 Cr of cash, against ₹60.0 Cr of profit. After ₹50.0 Cr of spending on assets, free cash was −₹88.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −15% of profit came in as cash: the cash cycle got 46 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 4.7× depreciation over three years. The next section checks what that spending is building.

Paramount Communications Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 101 days in FY26, down from 147 days in FY21. It spent ₹168 Cr on assets over the last 3 years. Customers take 79 days to pay, and stock sits for 72 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,911 Cr, each day of that cycle ties up about ₹5.2 Cr, so roughly ₹529 Cr is tied up in the business at any time.

FY26: customers took 79 days to pay and stock sat for 72 days, about 2.4 months of sales sitting as stock, for a full cycle of 101 days, shorter than FY21's 147.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 72 days. Customers pay about 79 days after that. Suppliers are paid at 50 days. Together that makes the 101-day cycle.

Spending on assets: ₹168 Cr over the last 3 years, against ₹36.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Paramount Communications Ltd's P/E is 31.0×, near the high end of its own history: higher than 72% of past readings. Its usual P/E (the middle reading) is 22.2×, over 7.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹2.31.