As of 6 Nov 2026, Parmeshwar Metal trades at 13.4× trailing earnings, below the industry P/E of 30.0×, and the shares are 18% below their 52-week high. Its ROCE of 43% is the highest among the 7 largest Electrical Equipment & Parts peers, and sales and net profit grew 27% and 54% a year over 3 years. Its dividend yield is 0.4%, and debt is 0.23× equity. It is listed on an SME platform with a market cap of ₹435 Cr, ranked 57th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 303% over the past year.
- ₹282.00
- ₹294.00
- ₹268.00
- ₹281.95
- 29K
Health check
- ReturnsAhead
+302.8% over a year, better than 7 of 7 peers.
- Price tagCheaper
P/E 13.4 vs industry 30.0.
- GrowthStrong
Sales +26.6%, profit +54.0% a year over 3 years.
- ProfitabilityStrong
ROCE 43.3% vs peer median 22.1%.
- Balance sheetFair
Debt 0.23× equity, interest covered 38.6×, Piotroski 5 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹435 Cr
- Small cap
- P/E
- 13.4
- Industry 30.0
- Price to book
- 4.26
- Peers 7.24
- Dividend yield
- 0.44%
- ROE
- 37.6%
- Peers 18.0%
- ROCE
- 43.3%
- Peers 22.1%
- Debt to equity
- 0.23
- Debt ₹23 Cr
- EPS (TTM)
- ₹21.23
- OPM (TTM)
- 2.7%
- Net margin 1.6%
- Sales growth
- +50.1%
- Latest quarter vs a year ago
- Profit growth
- +199.2%
- Latest quarter vs a year ago
- Price to sales
- 0.22
- EV/EBITDA 9.9
Strengths and risks
Strengths
- Return on equity of 37.6%.
- Return on capital employed of 43.3%.
- Quarterly profit up 199.2% on a year ago.
- Quarterly sales up 50.1% on a year ago.
- P/E of 13.4 against an industry P/E of 30.0.
About Parmeshwar Metal
Parmeshwar Metal Limited manufactures and sells copper wire and copper wire rods in India. Its products are used in various applications, including power cables, building wires, transformers, household cables, bare and enamelled wires, and automotive industry. The company also exports its products. Parmeshwar Metal Limited was incorporated in 2016 and is based in Gandhinagar, India.
- Headquarters
- Gandhinagar
- Employees
- 36
- Sector
- Industrials
- ISIN
- INE0QQJ01021
- Website
- parmeshwarmetal.com
Price range
- Avg volume (3M)
- 28.8K
- 1-year return
- plus 302.8%
- From 52-week high
- minus 17.5%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| PARMESHWARParmeshwar Metal | 284.00 | plus 0.73% | 435 | 13.4 | 9.6 | 43.3% | 2.7% | 0.23 | 26.6% | plus 302.8% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +26.6%
- Profit CAGR 3Y
- +54.0%
- ROE
- 37.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 972 | 1,100 | 1,382 | 1,973 | |
| – | +13.2% | +25.7% | +42.7% | |
| 958 | 1,089 | 1,367 | 1,928 | |
| 13.7 | 11.1 | 15.2 | 44.6 | |
| 1.4% | 1.0% | 1.1% | 2.3% | |
| 0.7 | 2.1 | 2.4 | 1.9 | |
| 1.6 | 2.4 | 1.8 | 1.2 | |
| 0.8 | 0.9 | 1 | 1.1 | |
| – | −0.3 | −0 | −0.8 | |
| 11.9 | 9.7 | 14.9 | 43.4 | |
| 25.3% | 26.2% | 26.4% | 25.2% | |
| 8.9 | 7.1 | 11 | 32.5 | |
| – | minus 19.9% | +54.0% | +196.0% | |
| 5.81 | 4.66 | 9.03 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.5 | 7.5 | 15.3 | 15.3 | |
| 22.5 | 29.8 | 55.5 | 86.7 | |
| 16.6 | 21.9 | 11.2 | 23.3 | |
| 7.5 | 8.9 | 7 | 14.2 | |
| 54.1 | 68.1 | 89 | 140 | |
| 11.2 | 11.7 | 11.6 | 14.3 | |
| – | – | 0.1 | – | |
| 0.7 | 0.2 | 0.1 | – | |
| 0.2 | 2.8 | 8.2 | 30.3 | |
| 42 | 53.4 | 69 | 95 | |
| 54.1 | 68.1 | 89 | 140 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −2.2 | 1.5 | −4.2 | 21.6 | |
| −1.8 | −1.9 | −5.5 | −33 | |
| 1 | 2.8 | 9.8 | 9.3 | |
| −3 | 2.4 | 0.1 | −2 | |
| −2.4 | −1.5 | −0.8 | −5 | |
| −4.6 | 0.1 | −5 | 16.7 | |
| – | – | – | −1.1 |
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.