Income Statement Paramount Speciality Forgings Limited

Stocks

PSFL

INE0Q6001012

Iron & Steel

Market Closed - NSE India S.E. 07:05:09 2026-09-28 EDT			5-day change	1st Jan Change
34.00 ^INR	-1.59%		+9.32%	+17.85%

05-28	Paramount Speciality Forgings Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI
11-12	Paramount Speciality Forgings Limited Reports Earnings Results for the Half Year Ended September 30, 2025	CI

db337c35b234992a.D_PxfHGVKzZuyaYH9CxG1BinbVzloKAAEmS1yyqs83M.bcShKD_bSF49iulXzX9zlVGRWWqxmNNWZArYs2P4ggNatbg5Gf54bC2YwQ

Published financial data: PARAMOUNT SPECIALITY FORGINGS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	876M	1.1B	1.13B	1.1B	1.2B
Other Revenues, Total	-	-	-	-	-
Total Revenues	876M	1.1B	1.13B	1.1B	1.2B
Cost of Goods Sold, Total	610M	758M	700M	679M	793M
Gross Profit	266M	346M	428M	421M	407M
Selling General & Admin Expenses, Total	52.98M	62.91M	72.96M	78.69M	82.33M
Provision for Bad Debts	3.74M	895K	56K	-	287K
Depreciation & Amortization - (IS)	30.43M	26.15M	20.23M	14.26M	15.04M
Other Operating Expenses	174M	224M	217M	257M	244M
Other Operating Expenses, Total	261M	314M	311M	350M	342M
Operating Income	5.23M	32.24M	117M	70.87M	64.7M
Interest Expense, Total	-13.04M	-14.32M	-15.34M	-19.36M	-15.97M
Interest And Investment Income	759K	648K	1.06M	5.83M	5.74M
Net Interest Expenses	-12.28M	-13.68M	-14.28M	-13.52M	-10.22M
Currency Exchange Gains (Loss)	2.71M	4.05M	1.45M	2.9M	3.34M
Other Non Operating Income (Expenses)	222K	13.19M	-3.57M	-1.55M	-1.26M
EBT, Excl. Unusual Items	-4.11M	35.81M	101M	58.7M	56.56M
Gain (Loss) On Sale Of Investments	-	-	-	-	462K
Gain (Loss) On Sale Of Assets	42.44M	-	-242K	-	-
EBT, Incl. Unusual Items	38.33M	35.81M	101M	58.7M	57.03M
Income Tax Expense	6.98M	8.22M	28.06M	14.04M	14.47M
Earnings From Continuing Operations	31.34M	27.58M	72.54M	44.66M	42.55M
Net Income to Company	31.34M	27.58M	72.54M	44.66M	42.55M
Net Income - (IS)	31.34M	27.58M	72.54M	44.66M	42.55M
Net Income to Common Incl Extra Items	31.34M	27.58M	72.54M	44.66M	42.55M
Net Income to Common Excl. Extra Items	31.34M	27.58M	72.54M	44.66M	42.55M
Per Share Items
Net EPS - Basic	2.11	1.85	4.87	2.57	2.16
Basic EPS - Continuing Operations	2.11	1.85	4.87	2.57	2.16
Basic Weighted Average Shares Outstanding	14.88M	14.88M	14.88M	17.35M	19.68M
Net EPS - Diluted	2.11	1.85	4.87	2.57	2.16
Diluted EPS - Continuing Operations	2.11	1.85	4.87	2.57	2.16
Diluted Weighted Average Shares Outstanding	14.88M	14.88M	14.88M	17.35M	19.68M
Normalized Basic EPS	-0.17	1.5	4.24	2.11	1.8
Normalized Diluted EPS	-0.17	1.5	4.24	2.11	1.8
Supplemental Items
EBITDA	35.4M	58.18M	137M	84.68M	79.1M
EBITA	5.23M	32.24M	117M	70.87M	64.7M
EBIT	5.23M	32.24M	117M	70.87M	64.7M
EBITDAR	-	-	137M	84.87M	79.28M
Total Revenues (As Reported)	924M	1.12B	1.14B	1.11B	1.22B
Effective Tax Rate - (Ratio)	18.22	22.97	27.89	23.92	25.38
Total Current Taxes	10.17M	9.17M	30.9M	16.99M	16.5M
Total Deferred Taxes	-3.19M	-1.9M	-2.84M	356K	-1.68M
Normalized Net Income	-2.57M	22.38M	63.02M	36.69M	35.35M
Interest on Long-Term Debt	-	-	333K	278K	200K
Non-Cash Pension Expense	910K	825K	950K	2.33M	2.29M
Supplemental Operating Expense Items
Net Rental Expense, Total	-	-	181K	181K	181K
Imputed Operating Lease Interest Expense	-	-	98.28K	104K	81.27K
Imputed Operating Lease Depreciation	-	-	82.72K	77.4K	99.73K
Maintenance & Repair Expenses, Total	-	-	9.33M	7.06M	5.8M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	13.29M	10.64M	3.08M	201M	66.05M
Short Term Investments	500K	500K	500K	500K	-
Total Cash And Short Term Investments	13.79M	11.14M	3.58M	202M	66.05M
Accounts Receivable, Total	127M	172M	163M	206M	252M
Other Receivables	5.91M	1.48M	1.24M	9.98M	2.52M
Notes Receivable	2.31M	3.01M	3.69M	1.22M	771K
Total Receivables	135M	177M	168M	217M	256M
Inventory	176M	294M	385M	463M	512M
Prepaid Expenses	1.33M	31K	48K	46K	288K
Other Current Assets, Total	73.5M	113M	141M	123M	103M
Total Current Assets	399M	595M	698M	1B	937M
Gross Property Plant And Equipment	466M	476M	479M	525M	683M
Accumulated Depreciation	-342M	-368M	-388M	-388M	-403M
Net Property Plant And Equipment	124M	109M	91.87M	137M	280M
Long-term Investments	9.76M	3.18M	2.49M	624K	9K
Other Intangibles, Total	120K	233K	864K	1.29M	1.06M
Deferred Tax Assets Long-Term	4.15M	6.05M	8.88M	5.01M	6.68M
Other Long-Term Assets, Total	7.58M	8.72M	15.76M	16.41M	50.65M
Total Assets	545M	722M	818M	1.16B	1.28B
Liabilities
Accounts Payable, Total	177M	322M	276M	309M	370M
Accrued Expenses, Total	35.06M	14.37M	15.07M	24.67M	21.13M
Short-term Borrowings	89.75M	182M	241M	289M	261M
Current Portion of Long-Term Debt	10.24M	13.32M	5.43M	548K	4.42M
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	5.48M	-	30.9M	5.93M	12.16M
Other Current Liabilities	9.95M	22.74M	11.56M	10.3M	16.28M
Total Current Liabilities	327M	554M	581M	640M	686M
Long-Term Debt	17.7M	7.07M	2.55M	2M	18M
Pension & Other Post Retirement Benefits	3.19M	4.28M	5.68M	3.25M	9.41M
Other Non Current Liabilities	1K	-	1K	-	1K
Total Liabilities	348M	566M	589M	645M	713M
Common Stock, Total	100K	100K	149M	197M	197M
Additional Paid In Capital	-	-	-	-	198M
Retained Earnings	197M	157M	80.35M	323M	168M
Total Common Equity	197M	157M	229M	520M	562M
Total Equity	197M	157M	229M	520M	562M
Total Liabilities And Equity	545M	722M	818M	1.16B	1.28B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	14.88M	14.88M	14.88M	19.68M	19.68M
ECS Total Common Shares Outstanding	14.88M	14.88M	14.88M	19.68M	19.68M
Book Value / Share	13.24	10.53	15.4	26.41	28.57
Tangible Book Value	197M	156M	228M	519M	561M
Tangible Book Value Per Share	13.23	10.51	15.34	26.35	28.52
Total Debt	118M	203M	249M	292M	284M
Net Debt	104M	192M	246M	90.11M	218M
Debt Equivalent of Unfunded Proj. Benefit Obligation	5.1M	6.47M	8.62M	10.94M	12.98M
Debt Equivalent Oper. Leases	-	-	1.45M	1.45M	1.45M
Account Code - Inventory Valuation	-	3	3	5	3
Inventories - Raw Materials, Total	96.57M	136M	177M	186M	214M
Inventories - Work In Process, Total	33.76M	96.16M	126M	155M	143M
Inventories - Finished Goods, Total	45.48M	62.14M	82.15M	122M	154M
Land - (BS)	5.31M	5.31M	5.31M	5.31M	5.31M
Buildings, Total	108M	113M	113M	115M	119M
Machinery, Total	349M	359M	361M	392M	402M
Full Time Employees	-	-	-	150	153
Accumulated Allowance for Doubtful Accounts (Supple)	938K	56K	691K	691K	350K

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	31.34M	27.58M	72.54M	44.66M	42.55M
Depreciation & Amortization - CF	30.17M	25.95M	19.86M	13.81M	14.4M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	30.17M	25.95M	19.86M	13.81M	14.4M
Amortization of Deferred Charges, Total - (CF)	257K	201K	375K	448K	638K
(Gain) Loss From Sale Of Asset	-42.44M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-462K
Provision and Write-off of Bad Debts	2.32M	14K	-635K	-	297K
Other Operating Activities, Total	5.6M	5.72M	27.26M	-2.73M	9.7M
Change In Accounts Receivable	-40.05M	-43.45M	8.6M	-	-
Change In Inventories	-6.11M	-118M	-91.2M	-77.35M	-49.13M
Change In Accounts Payable	41.47M	142M	-45.34M	-9.78M	16.92M
Change in Other Net Operating Assets	17.55M	-43.34M	-16.63M	2.29M	24.25M
Cash from Operations	40.12M	-4.08M	-25.17M	-28.65M	59.17M
Capital Expenditure	-21.86M	-10.82M	-3.49M	-47.11M	-177M
Sale of Property, Plant, and Equipment	47.12M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-55.32M	-1.1M
Other Investing Activities, Total	135K	1.63M	1.06M	4.44M	6.1M
Cash from Investing	25.4M	-9.19M	-2.43M	-97.99M	-172M
Long-Term Debt Issued, Total	-	17.05M	46.52M	42.52M	-
Total Debt Issued	-	17.05M	46.52M	42.52M	-
Long-Term Debt Repaid, Total	-41.17M	-	-	-	-1.49M
Total Debt Repaid	-41.17M	-	-	-	-1.49M
Issuance of Common Stock	-	-	-	246M	-
Other Financing Activities, Total	-13.09M	-14.35M	-20.32M	-20.49M	-20.88M
Cash from Financing	-54.26M	2.71M	26.19M	268M	-22.36M
Miscellaneous Cash Flow Adjustments	-1K	-	-	-	2K
Net Change in Cash	11.26M	-10.56M	-1.41M	141M	-135M
Supplemental Items
Cash Interest Paid	13.09M	14.35M	20.32M	20.49M	20.88M
Cash Income Tax Paid (Refund)	11M	15.52M	14.5M	31.64M	18.39M
Levered Free Cash Flow	6.74M	-40.72M	-54.73M	-93.21M	-132M
Unlevered Free Cash Flow	14.89M	-31.77M	-45.14M	-81.11M	-122M
Change In Net Working Capital	-3.05M	67.24M	135M	92.55M	156K
Net Debt Issued / Repaid	-41.17M	17.05M	46.52M	42.52M	-1.49M

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	0.63	3.18	9.51	4.49	3.32
Return on Total Capital	1.02	5.98	17.49	6.86	4.9
Return On Equity %	17.28	15.6	37.61	11.92	7.86
Return on Common Equity	17.28	15.6	37.61	11.92	7.86
Margin Analysis
Gross Profit Margin %	30.39	31.35	37.95	38.27	33.9
SG&A Margin	6.05	5.7	6.47	7.16	6.86
EBITDA Margin %	4.04	5.27	12.16	7.7	6.59
EBITA Margin %	0.6	2.92	10.4	6.45	5.39
EBIT Margin %	0.6	2.92	10.4	6.45	5.39
Income From Continuing Operations Margin %	3.58	2.5	6.43	4.06	3.55
Net Income Margin %	3.58	2.5	6.43	4.06	3.55
Net Avail. For Common Margin %	3.58	2.5	6.43	4.06	3.55
Normalized Net Income Margin	-0.29	2.03	5.59	3.34	2.95
Levered Free Cash Flow Margin	0.77	-3.69	-4.85	-8.48	-10.97
Unlevered Free Cash Flow Margin	1.7	-2.88	-4	-7.38	-10.14
Asset Turnover
Asset Turnover	1.7	1.74	1.46	1.11	0.99
Fixed Assets Turnover	6.7	9.47	11.24	9.11	5.75
Receivables Turnover (Average Receivables)	8.24	7.39	6.72	5.95	5.23
Inventory Turnover (Average Inventory)	3.53	3.22	2.06	1.6	1.63
Short Term Liquidity
Current Ratio	1.22	1.07	1.2	1.57	1.37
Quick Ratio	0.45	0.33	0.29	0.65	0.47
Operating Cash Flow to Current Liabilities	0.12	-0.01	-0.04	-0.04	0.09
Days Sales Outstanding (Average Receivables)	44.31	49.38	54.46	61.35	69.76
Days Outstanding Inventory (Average Inventory)	103.43	113.22	177.77	228.12	224.33
Average Days Payable Outstanding	92.41	103.79	138.35	141.19	147.21
Cash Conversion Cycle (Average Days)	55.33	58.81	93.88	148.28	146.88
Long Term Solvency
Total Debt/Equity	59.73	129.47	108.79	56.13	50.45
Total Debt / Total Capital	37.39	56.42	52.1	35.95	33.53
LT Debt/Equity	8.98	4.51	1.11	0.38	3.2
Long-Term Debt / Total Capital	5.62	1.97	0.53	0.25	2.13
Total Liabilities / Total Assets	63.85	78.32	71.98	55.36	55.91
EBIT / Interest Expense	0.4	2.25	7.64	3.66	4.05
EBITDA / Interest Expense	2.72	4.06	8.94	4.38	4.95
(EBITDA - Capex) / Interest Expense	1.04	3.31	8.71	1.94	-6.13
Total Debt / EBITDA	3.32	3.48	1.82	3.45	3.59
Net Debt / EBITDA	2.93	3.29	1.79	1.06	2.75
Total Debt / (EBITDA - Capex)	8.69	4.28	1.87	7.77	-2.9
Net Debt / (EBITDA - Capex)	7.67	4.05	1.84	2.4	-2.22
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	69.64	26	2.17	6.94	9.12
Gross Profit, 1 Yr. Growth %	12.47	29.97	27.49	4.45	-3.35
EBITDA, 1 Yr. Growth %	-41.43	64.35	135.54	-36.8	-6.59
EBITA, 1 Yr. Growth %	-62.8	516.07	263.41	-23.34	-8.7
EBIT, 1 Yr. Growth %	-62.8	516.07	263.41	-23.34	-8.7
Earnings From Cont. Operations, 1 Yr. Growth %	-1.25K	-12	162.96	-17.38	-4.71
Net Income, 1 Yr. Growth %	-1.25K	-12	162.96	-17.38	-4.71
Normalized Net Income, 1 Yr. Growth %	-24.98	-971.05	181.59	-22.59	-3.64
Diluted EPS Before Extra, 1 Yr. Growth %	-1.25K	-11.99	162.71	-29.15	-15.99
Accounts Receivable, 1 Yr. Growth %	46.95	35.99	-5	26.04	22.54
Inventory, 1 Yr. Growth %	3.6	67.35	31	20.07	10.62
Net Property, Plant and Equip., 1 Yr. Growth %	-9.5	-12.42	-15.58	31.02	104.56
Total Assets, 1 Yr. Growth %	11.67	32.54	13.22	43.8	10.15
Tangible Book Value, 1 Yr. Growth %	19.08	-20.59	45.98	126.67	8.25
Common Equity, 1 Yr. Growth %	18.92	-20.52	46.31	126.38	8.19
Cash From Operations, 1 Yr. Growth %	372.71	-110.17	516.66	-34.07	-306.51
Capital Expenditures, 1 Yr. Growth %	347.03	-50.5	-67.72	1.01K	275.65
Levered Free Cash Flow, 1 Yr. Growth %	-	-703.83	39.25	91.65	44.53
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-313.34	42.15	103.83	54.04
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	46.2	13.46	-0.19	8.02
Gross Profit, 2 Yr. CAGR %	-	20.9	27.98	11.96	0.47
EBITDA, 2 Yr. CAGR %	-	-1.89	96.63	20.62	-23.17
EBITA, 2 Yr. CAGR %	-	51.39	370.81	48.22	-16.34
EBIT, 2 Yr. CAGR %	-	51.39	370.81	48.22	-16.34
Earnings From Cont. Operations, 2 Yr. CAGR %	-	217.52	52.12	27.24	-11.27
Net Income, 2 Yr. CAGR %	-	217.52	52.12	27.24	-11.27
Normalized Net Income, 2 Yr. CAGR %	-	155.63	395.26	28.03	-13.63
Diluted EPS Before Extra, 2 Yr. CAGR %	-	217.5	52.05	17.82	-22.85
Accounts Receivable, 2 Yr. CAGR %	-	41.37	13.67	9.43	24.28
Inventory, 2 Yr. CAGR %	-	31.67	48.06	25.41	15.25
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-10.98	-14.02	12.18	63.71
Total Assets, 2 Yr. CAGR %	-	21.66	22.5	26.97	25.5
Tangible Book Value, 2 Yr. CAGR %	-	-2.76	7.67	82.1	56.64
Common Equity, 2 Yr. CAGR %	-	-2.78	7.84	82.19	56.5
Cash From Operations, 2 Yr. CAGR %	-	-30.65	-20.79	164.94	16.69
Capital Expenditures, 2 Yr. CAGR %	-	48.76	-60.03	108.66	544.62
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	176.18	54	64.52
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	73.9	59.82	74.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	29.74	7.87	2.82
Gross Profit, 3 Yr. CAGR %	-	-	21.83	17.21	6.6
EBITDA, 3 Yr. CAGR %	-	-	31.39	33.67	10.77
EBITA, 3 Yr. CAGR %	-	-	102.75	137.52	26.11
EBIT, 3 Yr. CAGR %	-	-	102.75	137.52	26.11
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	198.18	12.52	15.55
Net Income, 3 Yr. CAGR %	-	-	198.18	12.52	15.55
Normalized Net Income, 3 Yr. CAGR %	-	-	164	142.6	16.46
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	198.07	6.9	5.26
Accounts Receivable, 3 Yr. CAGR %	-	-	23.83	17.65	13.64
Inventory, 3 Yr. CAGR %	-	-	31.45	38.07	20.27
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-12.54	3.29	37.05
Total Assets, 3 Yr. CAGR %	-	-	18.78	28.8	20.87
Tangible Book Value, 3 Yr. CAGR %	-	-	11.34	38.09	53.11
Common Equity, 3 Yr. CAGR %	-	-	11.41	38.18	53.13
Cash From Operations, 3 Yr. CAGR %	-	-	43.68	-10.61	143.82
Capital Expenditures, 3 Yr. CAGR %	-	-	-10.61	29.17	153.83
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	135.08	49.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	75.81	56.47
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	18.37
Gross Profit, 5 Yr. CAGR %	-	-	-	-	11.44
EBITDA, 5 Yr. CAGR %	-	-	-	-	5.53
EBITA, 5 Yr. CAGR %	-	-	-	-	35.69
EBIT, 5 Yr. CAGR %	-	-	-	-	35.69
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	73.13
Net Income, 5 Yr. CAGR %	-	-	-	-	73.13
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	59.5
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	63.7
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	24.01
Inventory, 5 Yr. CAGR %	-	-	-	-	24.71
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	15.33
Total Assets, 5 Yr. CAGR %	-	-	-	-	21.18
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	27.69
Common Equity, 5 Yr. CAGR %	-	-	-	-	27.69
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	47.46
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	104.98