Parmeshwar Metal

Why is Parmeshwar Metal Ltd falling/rising?

As of 11-Jun, Parmeshwar Metal Ltd's stock price is Rs 191.10, down 3.34%, with a significant decline of 8.08% over the past week. Investor interest has waned, as indicated by a sharp drop in delivery volume, contributing to the stock's short-term weakness despite being above longer-term moving averages.

As of 11-Jun, Parmeshwar Metal Ltd's stock price is falling, currently at Rs 191.10, which reflects a decrease of Rs 6.6 or 3.34%. The stock has underperformed its sector by 2.27% today and has experienced a consecutive decline over the last two days, totaling a drop of 4.45% in that period. Additionally, the stock's performance over the past week shows a significant decline of 8.08%, compared to a smaller drop of 0.71% in the Sensex.<BR><BR>Investor participation has also decreased, with delivery volume on June 10 falling by 87.95% against the five-day average, indicating reduced interest in trading the stock. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a short-term weakness. Overall, these factors contribute to the downward pressure on Parmeshwar Metal Ltd's stock price.

What does Parmeshwar Metal do?

Parmeshwar Metal Ltd is a micro-cap company in the industrial products sector, recently transitioned to a public limited company. It has a market cap of INR 306 Cr, with a P/E ratio of 9.00 and a return on equity of 31.84%.

Overview:<BR>Parmeshwar Metal Ltd operates in the industrial products sector and is classified as a micro-cap company.<BR><BR>History:<BR>Parmeshwar Metal Ltd was originally incorporated as "Parmeshwar Metal Private Limited" on August 04, 2016. The company transitioned from a private limited to a public limited company, officially changing its name to "Parmeshwar Metal Limited" on January 04, 2024. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 306 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00<BR>Industry P/E: 11<BR>Dividend Yield: 0.35%<BR>Debt-Equity: -0.07<BR>Return on Equity: 31.84%<BR>Price-to-Book: 3.00<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Which are the latest news on Parmeshwar Metal?

How big is Parmeshwar Metal?

As of 10th June, Parmeshwar Metal Ltd has a market capitalization of 306.00 Cr, classifying it as a Micro Cap company, with no valid financial data available for net sales or net profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 70.78 Cr and Total Assets of 88.96 Cr.

As of 10th June, <BR><BR>Market Cap: Parmeshwar Metal Ltd has a market capitalization of 306.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 70.78 Cr and Total Assets valued at 88.96 Cr.

Who are the peers of the Parmeshwar Metal?

Parmeshwar Metal's peers include Rubfila Intl., Cryogenic OGS, Harri. Malayalam, Galaxy Bearings, Baroda Extrusion, Gayatri Rubbers, Elgi Rubber Co., and Agarwal Toughene. Parmeshwar Metal shows excellent management and growth, with a 1-year return of 188.61%, significantly outperforming its peers.

Peers: The peers of Parmeshwar Metal are Rubfila Intl., Cryogenic OGS, Harri. Malayalam, Galaxy Bearings, Baroda Extrusion, Gayatri Rubbers, Elgi Rubber Co, and Agarwal Toughene.<BR><BR>Quality Snapshot: Excellent management risk is observed at Parmeshwar Metal and Agarwal Toughene, while Good management risk is found at Rubfila Intl., Cryogenic OGS, Galaxy Bearings, Baroda Extrusion, and Gayatri Rubbers. Below Average management risk is noted at Harri. Malayalam and Elgi Rubber Co. For growth, Excellent growth is seen at Parmeshwar Metal and Agarwal Toughene, while Good growth is found at Gayatri Rubbers and Baroda Extrusion. Below Average growth is observed at Rubfila Intl., Galaxy Bearings, and Harri. Malayalam, and Average growth is noted at Cryogenic OGS and Elgi Rubber Co. In terms of capital structure, Excellent capital structure is present at Parmeshwar Metal, Rubfila Intl., Cryogenic OGS, Galaxy Bearings, and Agarwal Toughene, while Below Average capital structure is noted at Baroda Extrusion and Elgi Rubber Co., and Good capital structure is found at Gayatri Rubbers.<BR><BR>Return Snapshot: Parmeshwar Metal has the highest 1-year return at 188.61%, while Galaxy Bearings has the lowest at -42.03%. Compared to its peers, Parmeshwar Metal's return is significantly higher. Additionally, the six-month return is negative for Galaxy Bearings and Baroda Extrusion.

When is the next results date for Parmeshwar Metal Ltd?

The next results date for Parmeshwar Metal Ltd is 08 May 2026.

The next results date for Parmeshwar Metal Ltd is scheduled for 08 May 2026.

Is Parmeshwar Metal overvalued or undervalued?

As of December 2, 2025, Parmeshwar Metal is considered very expensive and overvalued with a PE ratio of 15.51, significantly higher than its peers like Coal India and NMDC, despite its recent stock performance outpacing the Sensex.

As of 2 December 2025, the valuation grade for Parmeshwar Metal has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 15.51, an EV to EBITDA of 11.92, and a Price to Book Value of 2.17. <BR><BR>When compared to its peers, Parmeshwar Metal's valuation stands out as notably high; for instance, Coal India, which is rated very attractive, has a PE ratio of 7.48, while NMDC, rated fair, has a PE of 9.52. This disparity highlights Parmeshwar Metal's overvaluation in the context of its industry. Additionally, the company's recent stock performance has significantly outpaced the Sensex, with a 1-week return of 45.33% compared to the Sensex's 0.65%, reinforcing the notion of overvaluation.

How has been the historical performance of Parmeshwar Metal?

Parmeshwar Metal's historical performance shows fluctuating net sales, peaking at 971.94 Cr in March 2023 but dropping to 0.00 Cr in subsequent years, while total operating income increased to 1,382.43 Cr by March 2025. Despite rising expenditures and negative cash flow, the company reported improved profits and growing reserves.

Answer:<BR>The historical performance of Parmeshwar Metal shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Parmeshwar Metal's net sales peaked at 971.94 Cr in March 2023, but dropped to 0.00 Cr in March 2024 and March 2025. However, the company saw an increase in other operating income, rising from 0.00 Cr in March 2023 and March 2022 to 1,382.43 Cr in March 2025. Total operating income followed a similar trend, increasing from 902.04 Cr in March 2022 to 1,382.43 Cr in March 2025. Despite this growth, total expenditure also rose significantly, reaching 1,367.30 Cr in March 2025, leading to an operating profit of 17.82 Cr for the same period. Profit before tax improved to 14.92 Cr in March 2025, up from 9.46 Cr in March 2022, while profit after tax increased to 10.98 Cr in March 2025. The company's equity capital rose to 15.31 Cr in March 2025, with reserves also increasing to 55.47 Cr. Total liabilities grew to 88.96 Cr in March 2025, while total assets reached the same figure, indicating a balanced position. Cash flow from operating activities showed a negative trend, with a cash outflow of 4.00 Cr in March 2025, contrasting with a cash inflow of 2.00 Cr in March 2024. Overall, the company has experienced significant growth in income and reserves, despite challenges in sales and cash flow.

Who are the top shareholders of the Parmeshwar Metal?

The top shareholders of Parmeshwar Metal include promoter Suchitkumar Maheshbhai Patel with 11.03%, 7 Foreign Institutional Investors holding 1.92%, and Next Orbit Growth Fund III as the highest public shareholder at 1.95%. Individual investors own 19.83%, with no pledged promoter holdings or mutual funds involved.

The top shareholders of Parmeshwar Metal include the promoters, who hold the majority of the shares. The promoter with the highest holding is Suchitkumar Maheshbhai Patel, owning 11.03% of the company. Additionally, there are 7 Foreign Institutional Investors (FIIs) holding a combined 1.92%. The highest public shareholder is Next Orbit Growth Fund III, which holds 1.95%. Individual investors collectively own 19.83% of the shares. Notably, there are no pledged promoter holdings, and no mutual funds currently hold shares in the company.

Has Parmeshwar Metal declared dividend?

No Dividend History Available