Paramount Communications Limited

Manufacturer of cables for power, telecom, railway, and other industries, certified by ISO standards.

1994 | South West Delhi, Delhi (India) | Active
Last Updated:

Paramount Communications Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 60.69 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 304.70 Cr
  • Satisfied Charges ₹ 395.94 Cr
  • Revenue Growth 39.00%
  • Profit Growth 482.16%
  • Ebitda 134.87%
  • Net Worth 46.27%
  • Total Assets 4.77%

About Paramount Communications

Paramount Communications Limited (PCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 September 1994 and has a history of 30 years and five months. Its registered office is in South West Delhi, Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530555 and on the National Stock Exchange(NSE) under PARACABLES.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 60.69 Cr.

The company currently has active open charges totaling ₹304.70 Cr. The company has closed loans amounting to ₹395.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paramount Communications Limited India are Rashi Aggarwal as COMPANY SECRETARY and Shambhu Agarwal as Cfo. Praveena Kala, Malini Gupta, Narender Goyal, and Four other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L74899DL1994PLC061295

  • Company No.

    061295

  • Stock Symbol

    BSE : 530555 NSE : PARACABLES

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1994

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Paramount Communications Limited offer?

Paramount Communications Limited offers a wide range of products and services, including Telecommunication Equipment & Parts, Telecom Cable, Electrical Cables & Wires, Power Cable, Industrial Wires, Submersible Cables, Multicore Cables, HT Power Cable, House Wire, Paramount House Wire.

Who are the key members and board of directors at Paramount Communications?

Executive Team (3)

NameDesignationAppointment DateStatus
Sandeep Aggarwal Country flag representing In Managing Director01-Nov-1994Current
Rashi Aggarwal Country flag representing In Company Secretary10-Aug-2023Current
Shambhu Agarwal Country flag representing In CFO01-Oct-2014Current

Board Members (6)

NameDesignationAppointment DateStatus
Sanjay Aggarwal Country flag representing In Whole-Time Director 01-Nov-1994Current
Praveena Kala Country flag representing In Director 14-Jul-2020Current
Malini Gupta Country flag representing In Director 30-Jan-2015Current
Narender Goyal Country flag representing In Director 16-Jan-2024Current
Harish Kumar Country flag representing In Director 16-Jan-2024Current
Vijay Maheshwari Country flag representing In Director 01-Apr-2019Current

Financial Performance of Paramount Communications.

Paramount Communications Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39% increase. The company also saw a substantial improvement in profitability, with a 482.16% increase in profit. The company's net worth Soared by an impressive increase of 46.27%.

Paramount Communications revenue growth over time
Paramount Communications profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
39.00%
Revenue from Operations
37.10%
Total Assets
4.77%
Profit or Loss
482.16%
Net Worth
46.27%
EBITDA
134.87%

What is the Ownership and Shareholding Structure of Paramount Communications?

In 2022, Paramount Communications had a promoter holding of 62.12% and a public holding of 37.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹304.70 Cr

Satisfied Charges

₹395.94 Cr

Charges Breakdown by Lending Institutions

  • Others : 273.78 Cr
  • Axis Bank Limited : 30.00 Cr
  • Canara Bank : 0.91 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2024Canara Bank₹6.34 MOpen
22 Feb 2024Others₹3.08 MOpen
23 Nov 2023Canara Bank₹1.20 MOpen
22 Aug 2023Others₹1.29 CrOpen
12 Jan 2023Others₹5.85 MOpen

How Many Employees Work at Paramount Communications?

Paramount Communications has a workforce of 285 employees as of Jul 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Paramount Communications Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Communications, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paramount Communications's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paramount Communications

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 89.40 Cr registered on 02 Mar 2012 with Charge ID 10342026 was modified on 26 Mar 2024.

  • Charges

    A charge with Others of Rs. 182.00 Cr registered on 05 Aug 2006 with Charge ID 10018550 was modified on 26 Mar 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.63 Cr with Charge ID 100885990 was registered on 06 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 0.31 Cr with Charge ID 100879030 was registered on 22 Feb 2024.

  • Director Appointment

    Narender Kumar Goyal was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Harish Pal Kumar was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 1 month .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Communications Limited?

    Paramount Communications Limited was incorporated on 05 Sep 1994.

  • What is authorized share capital and paid-up capital of Paramount Communications Limited?

    The authorized share capital of Paramount Communications Limited is ₹ 80.00 Cr and paid-up capital is ₹ 60.69 Cr.

  • Who are the current board members & directors of Paramount Communications Limited?

    Currently 9 directors are associated with Paramount Communications Limited.

    • Rashi Aggarwal
    • Shambhu Kumar Agarwal
    • Praveena Kala
    • Malini Gupta
    • Narender Kumar Goyal
    • Harish Pal Kumar
    • Vijay Maheshwari
    • Sandeep Aggarwal
    • Sanjay Aggarwal

  • What is the registered address of Paramount Communications Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Communications Limited is Kh-433 Maulsari Avenue Westend Greens, Rangpuri India, New Delhi, 110037.

  • What is the corporate identification number (CIN) and company number of Paramount Communications Limited?

    The corporate identification number (CIN) of Paramount Communications Limited is L74899DL1994PLC061295 and the company number is 061295 as per Ministry of Corporate Affairs (MCA).

  • Is Paramount Communications Limited registered with any stock exchange in India?

    Yes, Paramount Communications Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PARACABLES.

  • What is the official website of Paramount Communications Limited?

    The Official website of Paramount Communications Limited is https://www.paramountcables.com

  • What has been the recent revenue trend for Paramount Communications Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Communications Limited has risen by 39.00%.

  • How many employees does Paramount Communications Limited currently have?

    As Per 2023 financial reports, 285 employees are currently employed by Paramount Communications Limited.

  • What change has been observed in the net worth of Paramount Communications Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Communications Limited has experienced an upsurge of 46.27%.

  • What are the total open charges for Paramount Communications Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paramount Communications Limited amount to ₹ 304.70 Cr.

  • When was the last Balance Sheet of Paramount Communications Limited filed with the ROC?

    The most recent Balance Sheet for Paramount Communications Limited was filed with the ROC on 31 Mar 2023.

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