Wires & Cables company Paramount Communications announced Q1FY26 results Revenue From Operations: Rs 4,511.2 million compared to Rs 3,210.5 million during Q1FY25, change 40.5%. EBITDA: Rs 328.7 million compared to Rs 299.1 million during Q1FY25, change 9.9%. EBITDA Margin: 7.0% for Q1FY26. PBT: Rs 251.9 million compared to Rs 259.0 million during Q1FY25, change -2.7%. PAT: Rs 185.0 million compared to Rs 253.0 million during Q1FY25. PAT Margin: 3.9% for Q1FY26. EPS: Rs 0.61 for Q1FY26. Management Commentary: The company witnessed revenue growth of 40.5% versus the same quarter last year, with revenue from operations increasing to Rs 451.1 crore in Q1FY26 from Rs 321.1 crore in Q1FY25. However, there was an impact on the operating margin. EBITDA for the quarter stood at Rs 32.87 crore, a growth of 9.9% over Rs 29.91 crore in Q1FY25. In April 2025, the US administration imposed an extra tariff on all imports coming into the US. The company, in Q1, exported Rs 206.41 crore to the USA. The company had to absorb a significant part of the additional tariff on goods under process as well as on orders in hand from our US customers, which negatively impacted our operating margin in Q1FY26. Furthermore, in August 2025, the US administration increased this duty to 25% while also placing an additional 25% penalty tariff on all Indian goods. As the company has substantial revenue from USA exports, we are actively working to de-risk ourselves from this situation by covering the export deficit from our domestic market. However, the company expects a temporary impact on its revenue and profitability due to this evolving situation. The domestic market remains healthy and buoyant with good demand emerging in the renewables sector, continuing capex by power generation and transmission companies, and growing investment by private industries across sectors like steel, cement, data centres, real estate, etc. There is also an improvement in demand for the railway and telecom products of the company. The management remains bullish on the domestic markets and positive for the company’s prospects in the medium and long term. Result PDF
Wires & Cables company Paramount Communications announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue From Operations: Rs 5,070.2 million vs Rs 3,233.7 million; 56.8% YoY EBITDA: Rs 335.4 million vs Rs 298.8 million; 12.3% YoY EBITDA Margin %: 6.6% vs 9.2%; 260 bps YoY Profit Before Tax (PBT): Rs 254.0 million vs Rs 258.9 million; 1.9% YoY Profit After Tax (PAT): Rs 187.4 million vs Rs 294.9 million; 36.5% YoY PAT Margin %: 3.7% vs 9.0%; 530 bps YoY FY25 Financial Highlights: Revenue From Operations: Rs 15,756.0 million vs Rs 10,706.0 million; 47.2% YoY EBITDA: Rs 1,343.7 million vs Rs 972.6 million; 38.2% YoY EBITDA Margin %: 8.5% vs 9.0%; 50 bps YoY Profit Before Tax (PBT): Rs 1,109.5 million vs Rs 819.8 million; 35.3% YoY Profit After Tax (PAT): Rs 869.7 million vs Rs 856.3 million; 1.6% YoY PAT Margin %: 5.5% vs 7.9%; 240 bps YoY MANAGEMENT COMMENTARY We are excited to share the financial and business performance highlights for Q4 and FY25. In Q4FY25, we delivered exceptional growth, with total revenue from operations increasing by 56.8% to Rs 5,070 million, compared to Rs 3,234 million in Q4FY24. For the full year FY25, revenue grew by 47.2%, reaching Rs 15,756 million, up from Rs 10,706 million in FY24, demonstrating the consistent strength of our core business operations. Our EBITDA for Q4FY25 stood at Rs 335 million, as compared to Rs 299 million reflecting a growth of 12.3% year-on-year, while for FY25, EBITDA increased by 38.2%, totalling Rs 1,344 million as compared to Rs 973 million in FY24. Profit After Tax (PAT) for Q4FY25 stood at Rs 187 million, compared to Rs 295 million in Q4FY24. For the full year FY25, PAT stood at Rs 870 million, up from Rs 856 million in FY24. It is pertinent to note that the company was earlier able to adjust its profits against carry forward losses which are no more available from Q2FY25 onwards and hence FY25 has seen a substantial outgo on account of tax resulting in negligible increase in PAT despite 35.3% increase in PBT. As of March 31, 2025, our order book stood at Rs 6,507 million, showcasing a strong pipeline of future business. The ongoing growth in renewable energy sources, particularly solar and wind, is creating significant demand for cables and wires across various sectoRs Investments in coal-based thermal power, along with infrastructure development in transmission and distribution led by government initiatives, are crucial to support this demand. Additionally, rising energy needs from industries such as data centers, manufacturing, and electric vehicles are further increasing the need for cables and wires. Infrastructure projects in railways, metro rails, and highways also add to this growing demand. For balanced growth, power generation and infrastructure development must progress together, driving the need for cables and wires. Result PDF
Electrical Equipment & Products company Paramount Communications announced Q3FY25 results Total revenue increasing by 38.3% to Rs 3,953.4 million, compared to Rs 2,858.3 million in Q3FY24. EBITDA for Q3FY25 stood at Rs 373.3 million, up 45.5% from Q3FY24. PBT increased by 38.4% to Rs 305.3 million in Q3FY25, compared to Rs 220.6 million in Q3FY24 As of December 31, 2024, our order book stood at Rs 6,202.6 million. FOB value of our exports to the U.S. amounted to USD 43 million, reflecting a 36% growth compared to 2023. Result PDF
Electrical Equipment & Products company Paramount Communications announced FY24 results: Financial Highlights: Revenue: Rs 10,706.0 million, +34.4% YoY EBITDA: Rs 972.6 million, +51.5% YoY PAT: Rs 856.3 million, +79.3% YoY Revenue from domestic operations in FY24 amounted to Rs 7,944.8 million, showing a 100.5% YoY increase from Rs 3,961.8 million in FY23. In terms of sales mix, domestic sales stood at 74.2% and exports stood at 25.8% Operational Highlights: Robust order book of Rs 4,951.6 million Strong performance across product range, especially led by strong growth in Power and Railway cables. Exports continue to remain healthy as we achieve similar volumes as compared to FY23. Increasing production driving economies of scale and profitability. Healthy Balance sheet with debt equity ratio of 0.16 and Current Ratio of 3.40. The Company is poised to become debt free during FY25 after full repayment of ARC debt of Rs 862.5 million. Commenting on the results Sanjay Agarwal, Chairman & CEO said: “FY24 has been a remarkable year for Paramount Communications Limited. We have achieved strongest ever performance in terms of Revenue and Profitability. This year, we reached a significant milestone by surpassing Rs.1,000 crore in revenue showing a growth of 34.4% YoY. This achievement is underpinned by strong demand for our product portfolio and not only highlights the strength of our client relationships but also reaffirms our consistent delivery on commitments. Our order book which currently stands at Rs 4,951.6 million, provides strong visibility of revenues. Paramount is optimistic about further expanding its order book, bolstered by significant support from the railway and power sectors." "Our focus on operational excellence has led to significant improvements in our financial performance. In FY24, our EBITDA has increased to Rs 972.6 million, showcasing a growth of 51.5% growth as compared to Rs 642.0 million in FY23. This growth, coupled with an EBITDA margin of 9.0%, reflects the benefits of operating leverage and a sharp focus on cost control. In FY24, Paramount achieved a significant milestone by substantially repaying its ARC debt and positioning itself to become debt-free by FY25, demonstrating its commitment to prudent financial management. This achievement strengthens the company's balance sheet and ensures sufficient capital to pursue growth and enhance capabilities. Strategically positioned, Paramount is poised for strong and sustained growth, with a focus on diversifying our product range and delivering top-notch quality solutions in the wires and cables sector, while continuously innovating new products. We are prepared to leverage the anticipated increase in orders and position ourselves adeptly for potential opportunities. With these positive advancements, we remain confident in our capability to consistently deliver strong results for all our stakeholders in the times ahead.” Result PDF