# Paramount Communications share price today (Paramount Communications Ltd, NSE: PARACABLES)

> Paramount Communications share price today: ₹61.77 at the NSE close on 3 November 2026, up 42.8% in a year. Paramount Communications (NSE: PARACABLES) is worth ₹2,020 crore, trades at a P/E of 28.1 and has closed between ₹30.68 and ₹74.13 over the past 52 weeks. > Paramount Communications Ltd's share price has risen faster than its earnings: +42.8% in a year, against −31.2% for earnings per share. PARACABLES · Cables - Telecom · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/paramount-communications-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹61.77 (+42.8% in a year)
- P/E: 28.1× (higher than 65% of the last 7.1 years)
- Revenue (Sep 2026): ₹560 Cr (+30.8% on a year ago)
- Profit (Sep 2026): ₹24.0 Cr (+84.6% on a year ago)
- Operating margin: 7.0% (+5.6 points on a year ago)
- ROCE: 12%, FY26
- ROIC: 8.4%, against a 12.0% cost of capital: −3.6 points

The main question: profits are rising, but only −15% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Paramount Communications share price today? Paramount Communications Ltd's share price was ₹61.77 at the close on 3 November 2026. It has been rising for 23 weeks. That is 9.2% 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 72% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 1 week running. Over the last 11 years the share price moved +2,371% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. 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. ## What changed at Paramount Communications this quarter? 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. ## What are Paramount Communications' latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹560 crore | ₹428 crore | +30.8% |
| Profit | ₹24.0 crore | ₹13.0 crore | +84.6% |
| Earnings per share | ₹0.74 | ₹0.43 | +72.1% |
| Operating margin | 7.0% | 1.4% | +5.6 points |

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.)

## What is the Paramount Communications share price history? Paramount Communications closed at ₹61.77 on 3 November 2026, up 42.8% from ₹43.27 a year earlier (31 October 2025) and up 439.5% over five years. Its highest weekly close since March 2016 was ₹111.65 on 20 January 2024. ### Paramount Communications share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹57.67 | +7.1% |
| 1 month ago · 1 Oct 2026 | ₹56.49 | +9.3% |
| 6 months ago · 30 Apr 2026 | ₹39.43 | +56.7% |
| 1 year ago · 31 Oct 2025 | ₹43.27 | +42.8% |
| 3 years ago · 3 Nov 2023 | ₹64.10 | −3.6% |
| 5 years ago · 4 Nov 2021 | ₹11.45 | +439.5% |
| 10 years ago · 4 Nov 2016 | ₹3.55 | +1,640.0% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹2.50 | +2,370.8% |
| Highest weekly close since March 2016 · 20 Jan 2024 | ₹111.65 | −44.7% |
| Lowest weekly close since March 2016 · 10 Jun 2016 | ₹2.35 | +2,528.5% |
| 52-week high (weekly close) · 1 Jul 2026 | ₹74.13 | −16.7% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹30.68 | +101.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Paramount Communications? 3 Nov 2026: Paramount Communications closed at ₹61.77, up 7.1% on the week and up 9.3% 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. ## What dividend does Paramount Communications pay? 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 4 November 2026.)

## What did Paramount Communications management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/3318-27-Oct-2026.pdf). (From the call for July to September 2026, 27 October 2026.)

## What to watch in Paramount Communications' next results? 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. - What to check (from the call)
- Operating-margin trajectory - check whether domestic resilience and US normalization continue to support underlying profitability. - US distributor reorders - test whether tariff parity improves activity without a low-margin push for volume. - Narmadapuram civil work, machinery and staffing - verify readiness for partial production and early use of lower-voltage and HTLS lines. - Working-capital normalization - monitor receivable discipline, supplier-payment cadence and operating cash conversion. ## Which stock lists is Paramount Communications on? Paramount Communications is on one of our India lists: Penny stocks. [Penny stocks Earnings growth, 12 months (%): -3.35](https://www.sectoralpha.in/penny-stocks-india)

## Is Paramount Communications profitable? 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. 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. ## How much revenue does Paramount Communications make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Paramount Communications keep? 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. 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. ## Is Paramount Communications' profit turning into cash? 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. 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. ## Where does Paramount Communications' cash go? 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. 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. ## What is Paramount Communications' P/E ratio, and how does it compare with its own history? Paramount Communications Ltd's P/E is 28.1×, in the middle of its own history: higher than 65% of past readings. Its usual P/E (the middle reading) is 22.1×, over 7.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. 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. Why the multiple is where it is: over the past year earnings per share moved −31.2% while the price moved +42.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +40.1% a year; about +63.2% a year came from earnings growth and about −23.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Paramount Communications business getting better or worse? Paramount Communications Ltd's business is turning around. Profit growth has swung from −32.2% at its low to −1.4%, improving for 2 quarters in a row, with ROCE steady at 14.6%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Paramount Communications earn on its capital? Paramount Communications Ltd earned a ROCE of 12% in FY26. That is up from a low of −52% in FY16. Its return on capital used (ROIC) is 3.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.1% net margin and 1.69× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.1% net margin × 1.69× asset turnover × 1.45× leverage (assets divided by equity) ≈ 7.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 8.4% − 12.0% = −3.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 4.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Paramount Communications have too much debt? Paramount Communications Ltd has total debt of ₹139 Cr against shareholder equity of ₹920 Cr as of Sep 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.93 in FY22 to 0.16 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Paramount Communications shareholding pattern? Domestic institutions raised their stake in Paramount Communications Ltd by 4.1 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 4.1% of the company. Promoters moved −3.2 points over the same period, to 45.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +4.1 points over 8 quarters, to 4.1%; Promoters: −3.2 points over 8 quarters, to 45.9%; Foreign institutions: +1.1 points over 8 quarters, to 1.9%. Why the owners changed: domestic institutions drove it (+4.1 points), with the other side taken by promoters (−3.2 points). They raised their stake step by step. ## How far is Paramount Communications from balance-sheet trouble? For Paramount Communications Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Paramount Communications rank in its industry? 38.7 out of 100, rank 4 of 5 in Cables - Telecom, with 100% of the evidence available. Paramount Communications Ltd scores 38.7 out of 100 against the 5 companies it is compared with in Cables - Telecom, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 14.5 + 11 + 8.2 + 5 = 38.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Paramount Communications compared with? Paramount Communications ranks 4 of 5 Cables - Telecom companies on the 4-Factor Sector Score, with 38.7 out of 100. 1. [Birla Cable Ltd](https://www.sectoralpha.in/stocks/birla-cable-ltd) BIRLACABLE · leader · Most evidence points up · 96% evidence 72.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 28.3% · Profit 100% · Operating margin change 12.6 points · 88% evidence Capital efficiency 11.5/25 · ROCE 9% · Operating margin 17% · 100% evidence Valuation 16.7/20 · P/E 20.5× · PEG 0.86 · 100% evidence Relative strength 15.7/20 · Lead over its industry -1.4% · Lead over NIFTY 500 63.7% · 1 year 98.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29 + 11.5 + 16.7 + 15.7 = 72.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Sterlite Technologies Ltd](https://www.sectoralpha.in/stocks/sterlite-technologies-ltd) STLTECH · leader · Evidence leans up · 75% evidence 58.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.3/35 · Revenue 74% · Profit 100% · Operating margin change 20 points · 95% evidence Capital efficiency 7.0/25 · ROCE 7.7% · Operating margin 32% · 76% evidence Valuation 8.5/20 · P/E 56.6× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 48% · Lead over NIFTY 500 109.7% · 1 year 604.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29.3 + 7 + 8.5 + 14 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Finolex Cables Ltd](https://www.sectoralpha.in/stocks/finolex-cables-ltd) FINCABLES · breaking out · Evidence leans down · 96% evidence 44.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 26.5% · Profit 29% · Operating margin change 2 points · 88% evidence Capital efficiency 16.5/25 · ROCE 16% · Operating margin 12% · 100% evidence Valuation 3.3/20 · P/E 21.8× · PEG 2.78 · 100% evidence Relative strength 4.2/20 · Lead over its industry -32.7% · Lead over NIFTY 500 19.4% · 1 year 45.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 16.5 + 3.3 + 4.2 = 44.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 4. Paramount Communications Ltd this page PARACABLES · turning · Evidence leans down · 100% evidence 38.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 19.4% · Profit -1.4% · Operating margin change 5.6 points · 100% evidence Capital efficiency 11.0/25 · ROCE 12.4% · Operating margin 7% · 100% evidence Valuation 8.2/20 · P/E 28× · PEG 1.68 · 100% evidence Relative strength 5.0/20 · Lead over its industry -25.6% · Lead over NIFTY 500 29.2% · 1 year 41.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14.5 + 11 + 8.2 + 5 = 38.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Vindhya Telelinks Ltd](https://www.sectoralpha.in/stocks/vindhya-telelinks-ltd) VINDHYATEL · leader · Evidence leans down · 96% evidence 37.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.6/35 · Revenue -17.5% · Profit 0.4% · Operating margin change 5 points · 88% evidence Capital efficiency 5.8/25 · ROCE 8.2% · Operating margin 12% · 100% evidence Valuation 10.9/20 · P/E 13.6× · PEG 1.22 · 100% evidence Relative strength 11.3/20 · Lead over its industry -6.8% · Lead over NIFTY 500 58.7% · 1 year 97.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 9.6 + 5.8 + 10.9 + 11.3 = 37.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cables - Telecom](https://www.sectoralpha.in/sectors/cables-telecom), all 5 compared on one page. ## Which companies are close to Paramount Communications in size? Paramount Communications is the 4th largest of 5 Cables - Telecom companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sterlite Technologies, Finolex Cables and Vindhya Telelinks. Just below it: Birla Cable. ### Cables - Telecom companies close in size

1. [Sterlite Technologies Ltd](https://www.sectoralpha.in/stocks/sterlite-technologies-ltd) ₹42,397 crore
2. [Finolex Cables Ltd](https://www.sectoralpha.in/stocks/finolex-cables-ltd) ₹17,435 crore
3. [Vindhya Telelinks Ltd](https://www.sectoralpha.in/stocks/vindhya-telelinks-ltd) ₹3,204 crore
4. Paramount Communications Ltd ₹2,011 crore
5. [Birla Cable Ltd](https://www.sectoralpha.in/stocks/birla-cable-ltd) ₹947 crore

[All 5 Cables - Telecom companies, largest first](https://www.sectoralpha.in/sectors/cables-telecom#all-companies)

### Companies close in size in other industries

1. [Asian Energy Services Ltd](https://www.sectoralpha.in/stocks/asian-energy-services-ltd) ₹2,014 crore · Oil Drilling & Exploration
2. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) ₹2,014 crore · Pesticides/Agrochemicals
3. Paramount Communications Ltd ₹2,011 crore
4. [Prakash Industries Ltd](https://www.sectoralpha.in/stocks/prakash-industries-ltd) ₹2,011 crore · Steel Products
5. [Brigade Hotel Ventures Ltd](https://www.sectoralpha.in/stocks/brigade-hotel-ventures-ltd) ₹2,007 crore · Hotels - Resorts

## What else do people ask about Paramount Communications? ### What were Paramount Communications's latest quarterly results? Paramount Communications Ltd reported revenue of ₹560 Cr and net profit of ₹24.0 Cr for the Sep 2026 quarter. Revenue rose 30.8% and profit rose 84.6% compared with a year earlier. Earnings per share were ₹0.74. The operating margin was 7.0%, 5.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is Paramount Communications's market cap? Paramount Communications Ltd's market capitalisation is ₹2,020 Cr at a share price of ₹61.77. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Paramount Communications performing? Paramount Communications Ltd's share price has been rising for 23 weeks. In its latest quarter, revenue rose 30.8% and profit rose 84.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Paramount Communications's share price go up? This page does not forecast Paramount Communications Ltd's share price. What it shows instead: the share price is ₹61.77, and it has been rising for 23 weeks. Its P/E of 28.1× is higher than 65% of its own last 7 years (as of 3 November 2026). ### Who owns Paramount Communications? Promoters own 45.9% of Paramount Communications Ltd, foreign institutions 1.9%, domestic institutions 4.1% and the public 46.5% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 4.1 percentage points over 8 quarters (as of 3 November 2026). ### Does Paramount Communications have too much debt? No, Paramount Communications Ltd has little debt: its debt is 0.16× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹123 Cr against equity of ₹778 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Paramount Communications in its business cycle? Paramount Communications Ltd's FY26 operating margin was 3.5%, against a 13-year range of −15.0% to 8.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Paramount Communications story? The main question: profits are rising, but only −15% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Paramount Communications a stock worth studying right now? What the numbers show: Paramount Communications Ltd's share price has risen faster than its earnings: +42.8% in a year, against −31.2% for earnings per share. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Paramount Communications share price forecast for 2026? What management itself guided: FY27 revenue growth of 15-20%, including 15-18% from existing plants. ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india

This is research, not advice. We’re not SEBI-registered.