Paramount Communications - Focus On Growth With Repayment Of ARC Debt: Prabhudas Lilladher

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Prabhudas Lilladher Report.We recently met the management of Paramount Communications Ltd. and visited its plants. Paramount Communications incorporated in 1955, is a prominent player in India's wire and cable industry with a diverse portfolio of over 25 products and 2,500 SKUs catering to the power, telecom, railways, and infrastructure sectors. Paramount Communications' pan-India distribution network has been pivotal to its growth, reaching over 600 institutional clients, 150 channel partners, and 7,000 electricians. With strong pre-qualification credentials, PRMC has a wide presence in both domestic and export markets, with a solid foothold in the US. The company has made significant strides in reducing its asset reconstruction company debts and aims to be debt-free by FY25..Paramount Communications delivered a revenue/Ebitda/profit after tax compound annual growth rate of 15.3%/18.7%/34.3% over FY20-24. Notably, the export segment displayed robust performance with a revenue CAGR of 80.4%. Paramount Communications reported revenue of Rs 10.7 billion with Ebitda margin of 8.3%, PAT of Rs 856 million, and return on capital employed/return on equity of 13.7%/13.7% in FY24. The management expects revenue to reach Rs 13.5 billion by FY25 and Rs 17 billion by FY26 and clock a CAGR of 20% plus over the next five years, driven by its B2C market in the U.S. contributing to ~40% of the total revenue. The company maintains a healthy order book of Rs 4,951.6 million. We don’t have a rating on the stock..Click on the attachment to read the full report:.Global Economy - To Cut Or Not To Cut, That Is Question? Nirmal Bang's Thematic View.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Paramount Communications - Focus On Growth With Repayment Of ARC Debt: Prabhudas Lilladher

The company maintains a healthy order book of Rs 4,951.6 million

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