- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
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Parmeshwar Metal Limited has announced a board meeting to consider the financial results for the quarter and half-year. CRISIL has reaffirmed the company’s credit ratings for Rs 28.12 crore of bank loan facilities at BBB-/Stable (long term) and A3 (short term). The financial risk profile strengthened significantly post its recent SME-IPO, boosting net worth to Rs 70.68 crore and lowering external debt to Rs 10.20 crore. The company benefits from promoters’ 15+ years of experience in copper rods and wires, with revenue growing 13% annually to Rs 1,382 crore in FY25. Margins remain vulnerable to raw material price swings and intense competition, but liquidity and debt metrics are comfortable.