Paramount Communications LimitedQ1 FY27 Results & Financial Update
Paramount Communications Limited: Q1 FY27 consolidated results and company financials – revenue ₹529.40 Cr, PAT ₹19.70 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
Quarter at a glanceReported figures and period changes.Changes compare like-for-like reported periods where available.
Find an answer
Ask this result
Chart · Market context
Paramount Communications price & chart
Market price₹57.49
1Y return—Price return
Loading market chart…
TradingView Lightweight Charts™ · Copyright © 2025 TradingView, Inc.TradingView
Market chartPrice chart temporarily unavailableThe price chart could not be loaded right now. The reported financial results remain available above.
Spotted a factual error?Tell us the number, date or statement and we will re-check the underlying records and calculations.Report an error
Quarterly Results AnalysisExplore Paramount Communications Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.
Quarter overview
Quarterly earnings analysis
Paramount Communications Limited delivered a strong operational and financial performance in Q1 FY27, marked by solid double-digit year-on-year revenue growth and enhanced profitability compared to the corresponding period last year.
Consolidated revenue from operations for the quarter ended June 30, 2026, reached Rs. 529.40 crore, representing an increase of 17.35% compared to Rs. 451.12 crore in Q1 FY25, driven by steady underlying demand across power and infrastructure sectors.
Profit after tax (PAT) for Q1 FY27 stood at Rs. 19.70 crore, compared to Rs. 18.50 crore in Q1 FY26. Sequentially, revenue and PAT moderated from the previous quarter (Q4 FY26), reflecting normal seasonal variations and channel dynamics.
Export operations rebounded during the quarter, generating Rs. 155 crore and contributing 29.3% to total quarterly revenue as tariff uncertainties eased and demand in overseas markets picked up.
Working capital management showed visible improvement, with working capital days reducing to 96 days compared to 101 days in Q4 FY26, and receivable days shortening from 79 days to 64 days.
The company maintained a healthy total order book of approximately Rs. 615 crore as of June 30, 2026, providing clear revenue visibility for upcoming quarters, anchored primarily by domestic power infrastructure orders.
Corporate development during the quarter included receiving application monies for preferential issue of equity shares and warrants to promoters and non-promoters, reinforcing the balance sheet to support future growth initiatives.
01 · Business model
What does Paramount Communications do?
Paramount Communications Limited is a leading Indian manufacturer of wires and cables with a legacy spanning nearly seven decades, offering a diverse portfolio across power, telecom, railways, renewables, defense, space, IT, construction, and oil and gas sectors.
The company's product basket features low tension (LT) and high tension (HT) power cables, optical fiber and telecom cables, railway signaling and axle counter cables, building wires, fire-survival cables, solar cables, and HTLS conductors alongside turnkey EPC solutions.
Paramount operates two manufacturing facilities in Dharuhera, Haryana and Khushkhera, Rajasthan, backed by a wide distribution network serving over 950 institutional clients and international geographies.
The economic model blends institutional B2B supply, government and utility tenders, and a retail B2C presence via electrical channel partners, supported by disciplined raw-material hedging and export capabilities.
02 · Historical context
What shaped the business before this quarter
Paramount was established as a trusted brand in house wires and cables, gradually expanding into diverse industrial applications over seven decades.
The company expanded into HT and LT power cables in 2005 and commissioned specialized manufacturing units for telecom and railway signaling cables over preceding decades.
Having accelerated its focus on international markets around 2020, exports expanded significantly, reaching approximately 50% of revenue in FY23 before navigating tariff shifts in FY26.
Having crossed Rs. 1,900 crore in revenue by FY26, the company acquired land at Narmadapuram, Madhya Pradesh, to build a greenfield facility focused on EHV cables and specialized conductors.
03 · Financial snapshot
Current quarter vs the two useful baselines
| Metric | Q1 FY27 | Year-ago | Previous quarter |
|---|---|---|---|
| Revenue from operations | ₹529.40 Cr | ₹451.12 Cr | ₹573.31 Cr |
| Total income | ₹532.49 Cr | ₹468.83 Cr | ₹582.24 Cr |
| Profit before tax | ₹26.54 Cr | ₹25.19 Cr | ₹27.46 Cr |
| Profit after tax | ₹19.70 Cr | ₹18.50 Cr | ₹20.52 Cr |
| EPS | ₹0.64 | ₹0.61 | ₹0.67 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Sustained execution across transmission and distribution, renewables, and data center infrastructure propelled core power cable demand.
Strong execution for institutional clients and government-linked utility projects supported overall top-line expansion.
What drove margins
Raw material consumption was managed through disciplined pricing policies, avoiding firm-price orders beyond three months to mitigate copper and aluminum price volatility.
Improved operating efficiencies and disciplined execution helped expand operating profit margins YoY.
Finance costs stood at Rs. 6.86 crore and depreciation at Rs. 4.43 crore for the quarter, reflecting utilization of working capital lines and existing asset bases.
05 · Demand, customers & order book
Where demand is coming from
Domestic orders accounted for 84% (Rs. 518 crore) of the total order book, with power sector orders representing 74% of total bookings.
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The core Wire and Cables segment generated Rs. 529.40 crore in revenue and registered a segment profit before finance cost and tax of Rs. 30.31 crore for Q1 FY27.
Total segment assets for Wire and Cables expanded to Rs. 1,248.37 crore as of June 30, 2026, reflecting higher operational scale and working capital deployment.
Geography and market mix
Domestic sales accounted for 70.7% (Rs. 374 crore) of quarterly revenue, while exports contributed 29.3% (Rs. 155 crore).
The company maintains active market presence across more than 35 export geographies, with the United States remaining its largest export market supported by specialized low-tension cable approvals.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Capacity, production and utilisation
Production is anchored by two state-of-the-art facilities located in Dharuhera (Haryana) and Khushkhera (Rajasthan), operating at near-optimal utilization levels.
Established manufacturing units achieved a metal throughput of 29,664 MTPA in FY26, setting a strong operational baseline for FY27.
Projects, capex and execution
Progress continued on the upcoming greenfield facility in Narmadapuram, Madhya Pradesh, spread across 31 acres with an investment outlay of Rs. 300 crore, targeting partial commissioning in Q1 FY28 for EHV cables up to 132 kV.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Strategic focus remains on expanding high-voltage cables, HTLS conductors, specialized solar and fire-survival cables, and turnkey EPC solutions.
09 · Reported developments
What changed operationally
Delivered 17.35% YoY growth in quarterly operating revenue and higher PAT compared to Q1 FY26.
Successful reduction in receivable days to 64 days demonstrated enhanced cash conversion efficiency.
10 · Pressure points & risks
What is not going smoothly
Revenue and operating profitability moderated sequentially compared to Q4 FY26 due to normal operational fluctuations.
11 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Working capital days improved to 96 days as of June 30, 2026, compared to 101 days in the previous quarter.
Receivable days shortened significantly to 64 days from 79 days in Q4 FY26, reflecting tighter collections.
Capital allocation & funding
During the quarter, the company received application monies for unlisted convertible warrants issued to promoters at Rs. 42 per warrant and equity shares issued to non-promoters on a preferential basis, strengthening equity funds.
12 · Management guidance & targets
What management is targeting from here
Management retains a medium-term ambition of achieving Rs. 5,000 crore in revenue over a five-year horizon, supported by capacity expansion at Narmadapuram and structural demand.
13 · Beyond the numbers
What changed beyond the numbers
Reported update
Senior Management Appointment
The board approved the appointment of Mr. Harish Bhardwaj as Senior Management Personnel (Executive Vice President-Exports) effective August 15, 2026, to spearhead international market expansion.
14 · Previous-quarter changes
What changed since the previous quarter
Working capital days compressed from 101 days in Q4 FY26 to 96 days in Q1 FY27.
15 · Key Q&A
The quarter, answered directly
What does Paramount Communications do?
Paramount Communications Limited is a leading Indian manufacturer of wires and cables with a legacy spanning nearly seven decades, offering a diverse portfolio across power, telecom, railways, renewables, defense, space, IT, construction, and oil and gas sectors.
What is the clearest takeaway from Q1 FY27?
Paramount Communications Limited delivered a strong operational and financial performance in Q1 FY27, marked by solid double-digit year-on-year revenue growth and enhanced profitability compared to the corresponding period last year.
What drove revenue or demand?
Sustained execution across transmission and distribution, renewables, and data center infrastructure propelled core power cable demand.
What mattered most for margins or profitability?
Raw material consumption was managed through disciplined pricing policies, avoiding firm-price orders beyond three months to mitigate copper and aluminum price volatility.
What changed operationally beyond the headline numbers?
Production is anchored by two state-of-the-art facilities located in Dharuhera (Haryana) and Khushkhera (Rajasthan), operating at near-optimal utilization levels.
What is management guiding or targeting from here?
Management retains a medium-term ambition of achieving Rs. 5,000 crore in revenue over a five-year horizon, supported by capacity expansion at Narmadapuram and structural demand.
16 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
Starting point
Build your own next-quarter scenario
Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.
Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
17 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Narmadapuram Project Execution: Monitor construction progress and milestone achievements toward the targeted partial commissioning of the Narmadapuram facility in Q1 FY28.
- 02
Export Trajectory: Track export revenue contribution and order intake stability across international distribution channels, particularly in the US market.
Learn the metrics
Need the concepts first?
Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.