Paramount Communications Ltd

Meeting Details

• Date and time: Tuesday, 27 October 2026 at 04:00 PM IST.
• Type and mode: Earnings call, virtual.
• Pre-registration link available for the call.

Participants

• Key participants: Chairman & CEO; CFO; Presidents, Marketing; Accounts & Finance.

Purpose

• Purpose: Earnings results discussion and investor interaction.

Paramount Communications Ltd — Board Meeting filing

AGM details

• AGM held on 26 September 2026 at 12:30 p.m. via VC/OAVM.
• Cut-off date for voting: 19 September 2026.
• Remote e-voting period: 23–25 September 2026.
• Shareholders on cut-off date entitled to vote.

Resolutions

• Resolution 1: Adopt Audited Standalone and Consolidated Financial Statements (Ordinary).
• Resolution 2: Re-appoint Sandeep Aggarwal as Director.
• Resolution 3: Ratify remuneration payable to Cost Auditors for year ending 31 March 2027.

Voting results

• Resolution 1: Passed with no material opposition.
• Resolution 2: Passed; high in-favour with some abstentions.
• Resolution 3: Passed; remuneration ratified.

Directors

• Sandeep Aggarwal re-appointed as Director.

Auditors

• Cost Auditors' remuneration ratified for year ending 31 March 2027.

Observations

• Pages show digital signatures by Rashi Goel; no AGM details or resolutions disclosed.

Paramount Communications Ltd-$ Closure of Trading Window

Financial performance

• Revenue ₹1,964 crore; EBITDA ₹117 crore; PAT ₹60 crore.
• EPS ₹1.97; ROE 8.06%; net worth ₹778 crore; D/E 0.15.
• Order book ₹583 crore; domestic 71%, exports 29%.
• Domestic revenue ₹1,362 crore; export ₹550 crore; growth supported by domestic demand.
• Expenditure and margins pressured by US tariff disruptions; EBITDA margin 5.98%, PAT margin 3.15%.
• Capex ₹52 crore in FY26; Narmadapuram capex plan ₹300 crore over 2-3 years.

Market and geography

• Domestic market grew; 1,362 crore revenue and 71% share.
• Exports to 35+ geographies; 8 US distributors expanding footprint.
• Largest LV cable exporter to US in CY2025; consumer segments diversified.
• Retail and institutional channels: 250 channel partners, 600 retail outlets, 10,000 electricians.

Capacity expansion and projects

• Greenfield plant at Narmadapuram, MP: ~₹300 crore investment.
• Phase-1 focus: EHV cables up to 132 kV and specialised transmission conductors.
• Civil works underway; long-lead equipment ordered; partial commissioning planned for Q1 FY28.
• Target revenue ₹1,200 crore from the plant over 2-3 years.

Operational performance

• Metal throughput up 12% to 29,664 MT.
• Working capital cycle 101 days despite 22.8% revenue growth and tariff disruptions.
• Digital enablement: Paramount Parivar app; SAP integration; expanded dealer network.

Capital structure and liquidity

• Net debt ₹111 crore; gearing 12.49%; cash ₹4.76 crore.
• Current ratio 2.42; short-term borrowings around ₹113.92 crore.
• Proposed equity fund raise approved May 2026; capital increases to support growth.

Governance & risk

• Board: 6 directors; 4 independent; new independent directors appointed in 2025.
• Audit Committee met 4 times; no qualifications; Secretarial audit unqualified.
• RPT policy; risk management framework; ESG governance integrated.

ESG and CSR

• CSR expenditure ₹1.61 crore; CSR committee held 2 meetings.
• Water reused 3,541 KL; 535 trees planted; energy efficiency and waste management programmes.
• POSH policy; health initiatives; community education and healthcare support.

Outlook and strategic risk

• Outlook positive on power transmission and renewables investments; tariff headwinds anticipated to normalise.
• FY27 revenue target ₹5,000 crore over five years; Narmadapuram plant critical to strategy.
• Volatility in tariffs and macro conditions remain key risks; diversification and export growth planned.

Overview

• Standalone BRSR for FY2025-26 forms part of the Integrated Annual Report.
• Core activity: wires and cables manufacturing; EPC projects comprise 0.09% of turnover.
• Exports contribute about 28.8% of turnover across 35+ countries.
• Main certifications include ISO 9001, ISO 14001, ISO 45001, BIS and UL.

Key ESG Risks & Opportunities

• Energy management identified as a material risk and opportunity; plan includes efficiency upgrades and renewables.
• Climate change risks and transition opportunities drive efficiency and resilience investments.
• Product stewardship across lifecycle enhances customer confidence and market competitiveness.
• Health and safety risks mitigated via ISO 45001-aligned systems, audits and training.
• Responsible sourcing and supplier due diligence to bolster supply chain resilience.
• Cybersecurity and data privacy controls with regular vulnerability assessments.
• Diversity and inclusion initiatives expected to boost innovation and resilience.

Governance & Policy Highlights

• Board oversight via CSR & ESG Committee and Risk Management Committee; annual reviews of sustainability agenda.
• ABAC, POSH, whistleblower and Code of Conduct policies; board-approved and web-accessible.
• Certifications: ISO 9001/14001/45001; BIS licenses and UL certifications supporting compliance.
• Director changes in FY2025-26; governance framework reinforced; NGRBC reviews annually.
• Chief oversight by Chairman & CEO; formal governance structure for ESG implementation.

Social Responsibility & Workforce

• Total workforce: 393 employees and 1,415 workers; permanent employees 356 and 37 others.
• Board women representation at 25% (2 of 8); KMP women 0%.
• Health benefits include ESIC, group medical insurance; periodic health camps; well-being spend 0.06% of revenue.
• Health & safety training: employees 74.6%, workers 53.5% in FY2025-26.
• Grievance mechanisms include whistleblower/POSH policies and weekly HR grievance sessions.
• CSR focus on healthcare, education, infrastructure, and women empowerment; beneficiaries run into thousands.
• Accessible workplaces with ramps; equal opportunity commitments under disability laws.

Environmental Performance

• Total energy use: 87,058.67 GJ (non-renewable); renewables negligible; intensity 45.53 GJ/Cr turnover.
• Scope 1 emissions 1,351.81 tCO2e; Scope 2 emissions 12,943.81 tCO2e; combined intensity 7.48 tCO2e/Cr.
• Water withdrawal: groundwater 8,994 kl; municipal 313.97 kl; total 9,331.97 kl; water intensity 4.88 per Cr.
• Zero Liquid Discharge (ZLD) in operation; waste data measurement updated in FY2025-26; 5.38 MT total waste.
• Waste: e-waste 1.17 MT; other hazardous waste 4.21 MT; no material non-compliance with environmental laws.

Stakeholder Engagement & Complaints

• Engagement with employees, channel partners, end customers, government authorities, and communities; channels include email and meetings.
• Shareholders filed 2 complaints; customers filed 35; all resolved with 0 pending at year-end.
• CSR and governance inputs inform policy updates; dedicated grievance channels: grievances@paramountcables.com.

Other Notable Metrics

• Exports account for 28.8% of turnover; 35+ countries; key destinations include US, UK, Nepal.
• Related party transactions: purchases 0.34%, sales 0.01%; loans/advances and investments minimal.
• Life Cycle Assessments conducted for HT/LT cables; ~35% of turnover covered; results included in FY2025-26 report.
• Holding/subsidiaries: four wholly owned subsidiaries listed; governance aligned with ESG policy rollout.
• Affiliations with seven trade associations; ABAC policy publicly available; product labeling complies with RoHS/REACH.

AGM Details

• Date and time: Saturday, 26 September 2026 at 12:30 IST.
• Mode: VC/OAVM.
• Books closure: 20–26 September 2026.

Ordinary Business

• Adopt stand-alone and consolidated financial statements for year ended 31 March 2026.
• Re-appoint Sandeep Aggarwal as Director, retiring by rotation.

Cost Auditor remuneration

• Ratify remuneration for M/s Jain Sharma & Associates as Cost Auditors for FY2027: Rs. 75,000 plus taxes.

MD Re-appointment details

• Sandeep Aggarwal to be re-appointed as Managing Director; five-year term; drawn ₹1.89 Cr; proposed up to ₹2.5 Cr.