Paramount Syntex (BSE: PARASYNTEX) had a P/E of 8.3× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 45% below their 52-week high. Sales grew 14% a year over 3 years; its ROCE of 45% is the highest among the 7 largest Textile Manufacturing peers. It is listed on an SME platform with a market cap of ₹116 Cr, ranked 110th of 246 Textile Manufacturing companies by market cap; the shares fell 42% over the past year.
- ₹62.92
- ₹62.92
- ₹62.92
- ₹66.23
- 5K
Health check
- ReturnsBehind
−42.4% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 8.3 vs industry 17.0.
- GrowthStrong
Sales +14.2%, profit +255.3% a year over 3 years.
- ProfitabilityStrong
ROCE 44.7% vs peer median 10.7%.
- Balance sheetFair
Piotroski 7 of 9.
- Red flags1 to check
45% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹116 Cr
- Small cap
- P/E
- 8.3
- Industry 17.0
- Price to book
- 1.76
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 38.8%
- Peers 10.1%
- ROCE
- 44.7%
- Peers 10.7%
- Debt to equity
- n/a
- EPS (TTM)
- ₹7.54
- OPM (TTM)
- 17.8%
- Net margin 11.4%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.95
Strengths and risks
Strengths
- Return on equity of 38.8%.
- Return on capital employed of 44.7%.
- P/E of 8.3 against an industry P/E of 17.0.
Risks to check
- 45% below its 52-week high.
About Paramount Syntex
Paramount Syntex Limited manufactures and sells synthetic fibres, yarns, and textile products in India. The company offers acrylic yarns used in knitwear, blankets, home decor items, and accessories; polyester yarns used in apparel, home furnishings, and industrial applications; wool yarns used in knitwear, blankets, and home decor projects; nylon yarns used in apparel, sportswear, hosiery, and industrial applications; dyed acrylic high bulk (Daffodil)…
- Headquarters
- Ludhiana
- Employees
- 355
- Sector
- Consumer Cyclical
- ISIN
- INE0TBC01014
- Website
- paramountsyntex.com
Price range
- Avg volume (3M)
- 3.7 L
- 1-year return
- minus 42.4%
- From 52-week high
- minus 45.3%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| PARASYNTEXParamount Syntex | 62.92 | minus 5.00% | 116 | 8.3 | 1.76 | 44.7% | 38.8% | 17.8% | 14.2% | 255.3% | 0.00% | minus 42.4% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +14.2%
- Profit CAGR 3Y
- +255.3%
- EPS CAGR 3Y
- +255.3%
- ROE
- 38.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 81.9 | 92.8 | 112 | 122 | |
| – | +13.2% | +21.2% | +8.6% | |
| 77.8 | 83.3 | 99.2 | 98.3 | |
| 4.1 | 9.5 | 13.3 | 23.8 | |
| 5.0% | 10.3% | 11.8% | 19.5% | |
| 0.3 | 0.1 | 0.2 | 0.3 | |
| 1.9 | 2.7 | 2.7 | 2.9 | |
| 1.8 | 1.7 | 1.6 | 2.1 | |
| −0.4 | – | 0.1 | – | |
| 0.5 | 5.2 | 9.2 | 19.1 | |
| 34.1% | 74.2% | 26.7% | 27.6% | |
| 0.3 | 1.3 | 6.7 | 13.9 | |
| – | +336.0% | +399.4% | +106.1% | |
| 0.17 | 0.73 | 3.66 | 7.54 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.3 | 10.6 | 12 | 12 | |
| 12.4 | 3.4 | 16.8 | 30.7 | |
| 28.3 | 32.6 | 33.5 | 33.2 | |
| 2.4 | 13.6 | 13.8 | 20.3 | |
| 43.5 | 60.2 | 76.1 | 96.3 | |
| 10.6 | 9.9 | 12.5 | 13.3 | |
| – | – | 3.2 | – | |
| 0.1 | 0.1 | 0.3 | 0.5 | |
| 1.2 | 1 | 0.3 | 0.3 | |
| 31.6 | 49.3 | 59.8 | 82.2 | |
| 43.5 | 60.2 | 76.1 | 96.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −9.7 | −0.7 | −2.6 | 5.9 | |
| −1.5 | −0.9 | −4.4 | −2.9 | |
| 9.1 | 1.6 | 6.2 | −3 | |
| −2 | −0.1 | −0.8 | 0 | |
| −1.6 | −0.9 | −4.3 | −2.9 | |
| −11.3 | −1.7 | −6.8 | 3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.