Paramount Communications Limited (PARACABLES) - Net Assets
Based on the latest financial reports, Paramount Communications Limited (PARACABLES) has net assets worth Rs7.78 Billion INR (≈ $84.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.29 Billion ≈ $122.06 Million USD) and total liabilities (Rs3.51 Billion ≈ $37.91 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Paramount Communications Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.78 Billion |
| % of Total Assets | 68.94% |
| Annual Growth Rate | 15.67% |
| 5-Year Change | 285.67% |
| 10-Year Change | N/A |
| Growth Volatility | 64.51 |
Paramount Communications Limited - Net Assets Trend (2005–2026)
This chart illustrates how Paramount Communications Limited's net assets have evolved over time, based on quarterly financial data. See PARACABLES defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Paramount Communications Limited (2005–2026)
The table below shows the annual net assets of Paramount Communications Limited from 2005 to 2026. For live valuation and market cap data, see market cap of Paramount Communications Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs7.78 Billion ≈ $84.15 Million |
+8.49% |
| 2025-03-31 | Rs7.17 Billion ≈ $77.56 Million |
+14.54% |
| 2024-03-31 | Rs6.26 Billion ≈ $67.72 Million |
+112.20% |
| 2023-03-31 | Rs2.95 Billion ≈ $31.91 Million |
+46.27% |
| 2022-03-31 | Rs2.02 Billion ≈ $21.82 Million |
+4.56% |
| 2021-03-31 | Rs1.93 Billion ≈ $20.87 Million |
+5.93% |
| 2020-03-31 | Rs1.82 Billion ≈ $19.70 Million |
+28.80% |
| 2019-03-31 | Rs1.41 Billion ≈ $15.29 Million |
+63.85% |
| 2018-03-31 | Rs863.09 Million ≈ $9.33 Million |
+125.68% |
| 2017-03-31 | Rs-3.36 Billion ≈ $-36.35 Million |
-0.22% |
| 2016-03-31 | Rs-3.35 Billion ≈ $-36.27 Million |
-57.32% |
| 2015-03-31 | Rs-2.13 Billion ≈ $-23.05 Million |
-92.93% |
| 2014-03-31 | Rs-1.10 Billion ≈ $-11.95 Million |
-634.07% |
| 2013-03-31 | Rs-150.52 Million ≈ $-1.63 Million |
-468.56% |
| 2012-03-31 | Rs-26.47 Million ≈ $-286.30K |
-102.29% |
| 2011-03-31 | Rs1.16 Billion ≈ $12.50 Million |
-32.00% |
| 2010-03-31 | Rs1.70 Billion ≈ $18.39 Million |
+0.43% |
| 2009-03-31 | Rs1.69 Billion ≈ $18.31 Million |
-25.65% |
| 2008-03-31 | Rs2.28 Billion ≈ $24.63 Million |
+35.38% |
| 2007-03-31 | Rs1.68 Billion ≈ $18.19 Million |
+192.34% |
| 2006-03-31 | Rs575.38 Million ≈ $6.22 Million |
+57.15% |
| 2005-03-31 | Rs366.13 Million ≈ $3.96 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Paramount Communications Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs610.40 Million | 7.85% |
| Other Components | Rs7.17 Billion | 92.15% |
| Total Equity | Rs7.78 Billion | 100.00% |
Paramount Communications Limited Competitors by Market Cap
The table below lists competitors of Paramount Communications Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Somany Ceramics Limited
NSE:SOMANYCERA
|
$230.46 Million |
|
Starz Entertainment LLC
NASDAQ:STRZ
|
$230.69 Million |
|
Aviva PLC
LSE:AV
|
$230.85 Million |
|
Hansae Co
KO:105630
|
$230.86 Million |
|
Tunas Baru Lampung Tbk
JK:TBLA
|
$230.44 Million |
|
Rubellite Energy Inc
TO:RBY
|
$230.41 Million |
|
Becamex Infrastructure Development JSC
VN:IJC
|
$230.35 Million |
|
STINAG Stuttgart Invest AG
F:STG
|
$230.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paramount Communications Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 7,171,908,000 to 7,780,700,000, a change of 608,792,000 (8.5%).
- Net income of 597,500,000 contributed positively to equity growth.
- New share issuances of 900,000 increased equity.
- Other comprehensive income decreased equity by 55,741,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs597.50 Million | +7.68% |
| Share Issuances | Rs900.00K | +0.01% |
| Other Comprehensive Income | Rs-55.74 Million | -0.72% |
| Other Changes | Rs66.13 Million | +0.85% |
| Total Change | Rs- | 8.49% |
Book Value vs Market Value Analysis
This analysis compares Paramount Communications Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 18.84x to 2.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs3.71 | Rs69.82 | x |
| 2006-03-31 | Rs5.83 | Rs69.82 | x |
| 2007-03-31 | Rs17.03 | Rs69.82 | x |
| 2008-03-31 | Rs20.15 | Rs69.82 | x |
| 2009-03-31 | Rs14.98 | Rs69.82 | x |
| 2010-03-31 | Rs16.19 | Rs69.82 | x |
| 2011-03-31 | Rs11.69 | Rs69.82 | x |
| 2012-03-31 | Rs-0.28 | Rs69.82 | x |
| 2013-03-31 | Rs-1.61 | Rs69.82 | x |
| 2014-03-31 | Rs-8.83 | Rs69.82 | x |
| 2015-03-31 | Rs-17.02 | Rs69.82 | x |
| 2016-03-31 | Rs-26.78 | Rs69.82 | x |
| 2017-03-31 | Rs-26.84 | Rs69.82 | x |
| 2018-03-31 | Rs6.49 | Rs69.82 | x |
| 2019-03-31 | Rs8.46 | Rs69.82 | x |
| 2020-03-31 | Rs10.50 | Rs69.82 | x |
| 2021-03-31 | Rs10.30 | Rs69.82 | x |
| 2022-03-31 | Rs10.39 | Rs69.82 | x |
| 2023-03-31 | Rs14.82 | Rs69.82 | x |
| 2024-03-31 | Rs24.05 | Rs69.82 | x |
| 2025-03-31 | Rs23.52 | Rs69.82 | x |
| 2026-03-31 | Rs25.52 | Rs69.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paramount Communications Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.12%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 1.45x
- Recent ROE (7.68%) is above the historical average (2.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.32% | 1.22% | 1.22x | 2.23x | Rs-24.47 Million |
| 2006 | 37.36% | 10.95% | 1.21x | 2.82x | Rs157.45 Million |
| 2007 | 22.32% | 11.79% | 0.73x | 2.58x | Rs207.17 Million |
| 2008 | 27.89% | 9.26% | 0.87x | 3.47x | Rs407.31 Million |
| 2009 | -29.27% | -6.23% | 1.12x | 4.20x | Rs-664.91 Million |
| 2010 | -3.32% | -0.83% | 0.90x | 4.42x | Rs-226.50 Million |
| 2011 | -103.72% | -17.23% | 0.92x | 6.57x | Rs-1.31 Billion |
| 2012 | 0.00% | -7.18% | 1.08x | 0.00x | Rs-501.93 Million |
| 2013 | 0.00% | -3.60% | 1.19x | 0.00x | Rs-230.09 Million |
| 2014 | 0.00% | -24.37% | 1.02x | 0.00x | Rs-897.07 Million |
| 2015 | 0.00% | -22.31% | 1.27x | 0.00x | Rs-796.43 Million |
| 2016 | 0.00% | -40.04% | 1.01x | 0.00x | Rs-903.41 Million |
| 2017 | 0.00% | -0.13% | 1.27x | 0.00x | Rs332.09 Million |
| 2018 | 17.02% | 3.48% | 1.08x | 4.52x | Rs60.62 Million |
| 2019 | 20.62% | 4.80% | 1.30x | 3.32x | Rs150.18 Million |
| 2020 | 14.46% | 4.42% | 1.16x | 2.81x | Rs81.32 Million |
| 2021 | 1.61% | 0.60% | 1.09x | 2.44x | Rs-161.95 Million |
| 2022 | 4.07% | 1.43% | 1.19x | 2.38x | Rs-119.69 Million |
| 2023 | 16.19% | 6.10% | 1.55x | 1.71x | Rs182.59 Million |
| 2024 | 13.68% | 8.10% | 1.28x | 1.32x | Rs230.16 Million |
| 2025 | 12.13% | 5.52% | 1.74x | 1.27x | Rs152.51 Million |
| 2026 | 7.68% | 3.12% | 1.70x | 1.45x | Rs-180.57 Million |
Industry Comparison
This section compares Paramount Communications Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $2,897,173,805
- Average return on equity (ROE) among peers: 6.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paramount Communications Limited (PARACABLES) | Rs7.78 Billion | 3.32% | 0.45x | $230.46 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $916.52 Million | 29.81% | 1.03x | $1.71 Billion |
| Birla Cable Limited (BIRLACABLE) | $868.59 Million | 14.39% | 1.51x | $70.25 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.35 Billion | 16.19% | 0.95x | $202.08 Million |
| ITI Limited (ITI) | $19.51 Billion | 15.01% | 3.79x | $3.24 Billion |
| Kavveri Telecom Products Limited (KAVVERITEL) | $377.01 Million | 2.03% | 8.35x | $24.00 Million |
| NELCO Limited (NELCO) | $1.05 Billion | 18.99% | 1.51x | $215.16 Million |
| Panache Digilife Limited (PANACHE) | $322.52 Million | 11.52% | 2.31x | $69.85 Million |
| Shyam Telecom Limited (SHYAMTEL) | $38.97 Million | -54.24% | 12.39x | $2.21 Million |
| Smartlink Holdings Limited (SMARTLINK) | $1.65 Billion | 6.30% | 0.27x | $18.07 Million |
About Paramount Communications Limited
Paramount Communications Limited, together with its subsidiaries, engages in the manufacture and sale of wires and cables in India. The company provides power cables, including high tension and low tension power and aerial bunch, screened and unscreened cables, control cables, instrumentation cables, and UL certified cables for housing and renewables; railways cables comprising signaling, railway… Read more