Paramount Specia

Why is Paramount Speciality Forgings Ltd falling/rising?

As of 19-Jul, the stock price of Paramount Speciality Forgings Ltd is rising to 32.00, reflecting a 0.47% increase and outperforming the sector. However, declining delivery volume and mixed moving average signals indicate potential concerns about short-term momentum.

As of 19-Jul, the stock price of Paramount Speciality Forgings Ltd is rising, currently at 32.00, with a change of 0.15 (0.47%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 0.63%. Additionally, the stock has shown a positive return of 10.92% over the past month, significantly higher than the Sensex's return of 1.03% during the same period. <BR><BR>However, it is important to note that despite the current rise, there are some concerning indicators. The stock's delivery volume has decreased by 25.93% compared to the 5-day average, indicating a decline in investor participation. Furthermore, while the stock is currently above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting mixed signals regarding its short-term momentum. <BR><BR>Overall, the rise in the stock price is supported by its recent performance and sector outperformance, despite the decline in investor participation and mixed moving average indicators.

Which are the latest news on Paramount Specia?

What does Paramount Specia do?

Paramount Speciality Forgings Ltd operates in the castings and forgings industry as a micro-cap company with a market cap of INR 58 Cr. It has no recent sales or profit data, a P/E ratio of 14.00, and a debt-equity ratio of 0.39.

Overview: <BR>Paramount Speciality Forgings Ltd operates in the castings and forgings industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was originally established as a partnership firm named 'Paramount Forge' on November 1, 1994, and underwent status changes through partnership deeds on July 7, 1995, and April 1, 2000. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 58 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 37 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.39 <BR>Return on Equity: 7.57% <BR>Price-to-Book: 1.03<BR><BR>Contact Details: <BR>Address: Not available <BR>Phone: Not available <BR>Email: Not available <BR>Website: Not available

How big is Paramount Specia?

As of 10th June, Paramount Speciality Forgings Ltd has a market capitalization of 58.00 Cr, classifying it as a Micro Cap, with no valid financial data available for Net Sales and Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 51.98 Cr and Total Assets of 115.96 Cr.

As of 10th June, <BR><BR>Market Cap: Paramount Speciality Forgings Ltd has a market capitalization of 58.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 51.98 Cr and Total Assets totaling 115.96 Cr.

Who are the peers of the Paramount Specia?

Paramount Specia's peers include Forge Auto, Hilton Met.Forg., Sharp Chucks, Deem Roll-Tech, Ganga Forging, Creative Casting, Smiths & Founder, Swastika Castal, and Super Iron. Paramount Specia has a Below Average management risk and a 1-year return of -25.22%, better than Hilton Met.Forg. but worse than Creative Casting.

Peers: The peers of Paramount Specia are Forge Auto, Hilton Met.Forg., Sharp Chucks and, Deem Roll-Tech, Ganga Forging, Creative Casting, Smiths & Founder, Swastika Castal, and Super Iron.<BR><BR>Quality Snapshot: Excellent management risk is observed at Forge Auto and Swastika Castal, while Average management risk is found at Sharp Chucks and, Deem Roll-Tech, and Creative Casting, and the rest. Below Average management risk is noted for Hilton Met.Forg., Paramount Specia, Ganga Forging, Smiths & Founder, and Super Iron. Growth is Excellent at Super Iron, Good at Swastika Castal, Average at Hilton Met.Forg., and the rest, while Below Average growth is seen at Forge Auto, Sharp Chucks and, Paramount Specia, Deem Roll-Tech, Ganga Forging, Creative Casting, Smiths & Founder. Capital Structure is Good at Creative Casting, Average at Forge Auto, Deem Roll-Tech, Paramount Specia, and Smiths & Founder, while Below Average is found at Hilton Met.Forg., Sharp Chucks and, Ganga Forging, Swastika Castal, and Super Iron.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Creative Casting at 0.00%, while the lowest is Hilton Met.Forg. at -67.03%. Paramount Specia's 1-year return of -25.22% is better than Hilton Met.Forg. but worse than Creative Casting. Additionally, Ganga Forging, Hilton Met.Forg., Sharp Chucks and, and Super Iron all have negative six-month returns.

How has been the historical performance of Paramount Specia?

Paramount Specia's historical performance shows mixed results, with net sales increasing to 109.93 Cr but a decline in profit after tax to 4.47 Cr and a drop in EPS to 2.27. Total assets and liabilities rose significantly, while cash flow from operating activities turned negative at -2.00 Cr.

Answer:<BR>The historical performance of Paramount Specia shows a mixed trend in financial metrics over the past year.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Paramount Specia reported net sales of 109.93 Cr, an increase from 102.80 Cr in March 2024. The total operating income also rose to 109.93 Cr from 102.80 Cr, while total expenditure increased significantly to 101.56 Cr from 89.91 Cr. This resulted in an operating profit (PBDIT) of 9.34 Cr, down from 13.61 Cr the previous year. Profit before tax decreased to 5.87 Cr from 7.56 Cr, leading to a profit after tax of 4.47 Cr compared to 5.40 Cr in the prior year. The earnings per share (EPS) fell to 2.27 from 3.63, and the operating profit margin declined to 7.61% from 12.54%. On the balance sheet, total assets increased to 115.96 Cr from 80.45 Cr, with total liabilities also rising to 115.96 Cr from 80.45 Cr. Cash flow from operating activities showed a negative trend at -2.00 Cr, while cash flow from financing activities improved significantly to 26.00 Cr from 3.00 Cr, resulting in a net cash inflow of 14.00 Cr for the year.

Is Paramount Specia overvalued or undervalued?

As of November 10, 2025, Paramount Special is considered overvalued with a valuation grade of expensive, reflected by its PE ratio of 14.84, EV to EBITDA ratio of 9.00, and Price to Book Value of 1.28, despite being less expensive than peers like Thermax and BEML Ltd, while also underperforming the market with a year-to-date return of -48.19%.

As of 10 November 2025, the valuation grade for Paramount Special moved from very expensive to expensive. The company is currently considered overvalued based on its financial ratios. The PE ratio stands at 14.84, while the EV to EBITDA ratio is 9.00, and the Price to Book Value is 1.28. <BR><BR>In comparison to peers, Paramount Special's PE ratio is significantly lower than that of Thermax, which has a PE of 55.73, and BEML Ltd, with a PE of 56.52, indicating that while Paramount is expensive, it is less so than its peers. However, the company has underperformed in the market, with a year-to-date return of -48.19% compared to a positive 8.16% return for the Sensex, reinforcing the view that it is overvalued at its current price of 33.70.

What is the technical trend for Paramount Specia?

As of June 3, 2025, Paramount Special shows a mildly bullish trend according to the weekly MACD and Dow Theory, despite mixed signals from Bollinger Bands and On-Balance Volume, with the current price at 40.15, down from 41.20.

As of 3 June 2025, the technical trend for Paramount Special has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the Dow Theory also supports this with a mildly bullish signal. However, the weekly Bollinger Bands are bearish, and the On-Balance Volume (OBV) shows a mildly bearish trend. The current price is 40.15, down from the previous close of 41.20, with today's high reaching 42.50 and today's low at 39.05. Overall, the indicators suggest a mildly bullish outlook, but caution is warranted due to mixed signals from other technicals.

Who are the top shareholders of the Paramount Specia?

The top shareholders of Paramount Special include promoter Aliasgar Roshan Hararwala with 12.37%, followed by India Equity Fund 1 at 2.37%. Individual investors hold 15.63%, and there are two foreign institutional investors with a combined 0.21%, with no pledged promoter holdings or mutual funds involved.

The top shareholders of Paramount Special include the promoters, who hold the majority of the shares. The promoter with the highest holding is Aliasgar Roshan Hararwala, owning 12.37% of the company. Additionally, the highest public shareholder is India Equity Fund 1, which holds 2.37%. Individual investors collectively hold 15.63% of the shares, while there are also 2 foreign institutional investors (FIIs) that hold a combined 0.21%. Notably, there are no pledged promoter holdings or mutual funds involved in the company's shareholding.

When is the next results date for Paramount Specia?

No Upcoming Board Meetings

Has Paramount Specia declared dividend?

No Dividend History Available