Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹21.23 (vs ₹9.03 in FY 2025) Full year 2026 results: EPS: ₹21.23 (up from ₹9.03 in FY 2025). Revenue: ₹19.8b (up 43% from FY 2025). Net income: ₹324.9m (up 196% from FY 2025). Profit margin: 1.6% (up from 0.8% in FY 2025). The increase in margin was driven by higher revenue. 공시 • May 04
Parmeshwar Metal Limited to Report Second Half, 2026 Results on May 08, 2026 Parmeshwar Metal Limited announced that they will report second half, 2026 results on May 08, 2026 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹175, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 174% over the past year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹133, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 116% over the past year. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹173, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 28x in the Electrical industry in India. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹127, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 29x in the Electrical industry in India. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₹128, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 31x in the Electrical industry in India. New Risk • Nov 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹1.28b market cap, or US$14.4m). Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹83.47, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 36x in the Electrical industry in India. 공시 • Nov 10
Parmeshwar Metal Limited to Report First Half, 2026 Results on Nov 14, 2025 Parmeshwar Metal Limited announced that they will report first half, 2026 results on Nov 14, 2025 공시 • Oct 01
Parmeshwar Metal Limited Approves Final Dividend for Financial Year Ended March 31, 2025 Parmeshwar Metal Limited at its AGM held on September 30, 2025 approved to declare final dividend at the rate of INR 0.75 (@ 7.5%) per equity share of INR 10 each for the financial year ended 31st March, 2025. Reported Earnings • Sep 10
Full year 2025 earnings released: EPS: ₹9.03 (vs ₹6.34 in FY 2024) Full year 2025 results: EPS: ₹9.03 (up from ₹6.34 in FY 2024). Revenue: ₹13.8b (up 26% from FY 2024). Net income: ₹109.8m (up 54% from FY 2024). Profit margin: 0.8% (up from 0.6% in FY 2024). The increase in margin was driven by higher revenue. 공시 • Sep 04
Parmeshwar Metal Limited, Annual General Meeting, Sep 30, 2025 Parmeshwar Metal Limited, Annual General Meeting, Sep 30, 2025, at 11:00 Indian Standard Time. New Risk • May 23
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.12b market cap, or US$13.0m). New Risk • May 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.07b market cap, or US$12.5m). 공시 • May 15
Parmeshwar Metal Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2025 Parmeshwar Metal Limited at its Board meeting held on May 15, 2025 recommended final dividend of INR 0.75 per Equity Share of INR 10 each, for the financial year ended 31st March, 2025 subject to approval of Shareholders at the upcoming Annual General Meeting of the Shareholders of the Company. 공시 • May 10
Parmeshwar Metal Limited to Report Second Half, 2025 Results on May 15, 2025 Parmeshwar Metal Limited announced that they will report second half, 2025 results on May 15, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹58.92, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 36x in the Electrical industry in India. New Risk • Feb 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹832.3m (US$9.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Market cap is less than US$10m (₹832.3m market cap, or US$9.58m). Board Change • Jan 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Mayura Marathe was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.