Paramount Communications Limited — Investor Meet, 21-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Paramount Communications delivered a strong Q1 FY27, with revenue growing 17.4% YoY to INR 529.4 Cr. Operating margin, excluding other income, expanded significantly by 320 bps YoY to 6.6%, with PAT at INR 19.7 Cr. The company targets restoring FY25 margin levels by Q4 FY27.

Exports soared 77% QoQ to INR 155 Cr, driven by the normalizing US market. Domestic business also saw acceleration, led by power cables. The order book stands healthy at INR 615 Cr, and working capital cycle improved to 96 days.

The Narmadapuram greenfield project is on track for partial commencement in Q1 FY28, targeting INR 500 Cr revenue in FY28 and INR 1,200 Cr by FY29, crucial for future growth as existing plants run at full capacity. Management is confident in achieving INR 5,000 Cr revenues by FY31.