BSE: 0 | NSE: PARAMOUNT | Textile |
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Paramount Dye Tec Ltd is a below average quality company.
The key valuation ratios of Paramount Dye Tec Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Paramount Dye Tec Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'24 | TTM | ||
|---|---|---|---|
| ROCE % ⓘ | 11% | - | |
| Value Creation Index ⓘ | -0.2 | - | |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||
| Sales ⓘ | 23.5 | 0 | |
| Sales YoY Gr. | - | - | |
| Adj EPS ⓘ | 7.9 | 0 | |
| YoY Gr. | - | - | |
| BVPS (₹) ⓘ | 67 | 91.1 | |
| Adj Net Profit ⓘ | 3.5 | 0 | |
| Cash Flow from Ops. ⓘ | 5.1 | - | |
| Debt/CF from Ops. ⓘ | 3.2 | - | |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | NA | ||||
| Adj EPS ⓘ | NA | NA | NA | NA | ||||
| BVPSⓘ | NA | NA | NA | NA | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'24 | TTM | |
|---|---|---|
| Return on Equity % ⓘ | 11.7 | 0 |
| Op. Profit Mgn % ⓘ | 21.9 | NAN |
| Net Profit Mgn % ⓘ | 15.1 | NAN |
| Debt to Equity ⓘ | 0.5 | - |
| Working Cap Days ⓘ | 0 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 0.00%
Sales growth has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0 | - |
| TTM Sales (₹ Cr.) | 0 | - |
| BVPS (₹.) ⓘ | 91.1 | - |
| Reserves (₹ Cr.) ⓘ | 56 | - |
| P/BV ⓘ | 0.92 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 57.9 |
| Equity (₹ Cr.) | 6.9 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.8 |
| PARTICULARS | Mar'24 |
|---|---|
| Sales | 23.51 |
| Operating Expenses ⓘ | 18.37 |
| Manufacturing Costs | 0.18 |
| Material Costs | 17.54 |
| Employee Cost | 0.15 |
| Other Costs ⓘ | 0.50 |
| Operating Profit ⓘ | 5.14 |
| Operating Profit Margin (%) | 21.9% |
| Other Income ⓘ | 0.17 |
| Interest ⓘ | 0.40 |
| Depreciation ⓘ | 0.17 |
| Exceptional Items ⓘ | 0 |
| Profit Before Tax ⓘ | 4.73 |
| Tax ⓘ | 1.19 |
| Profit After Tax | 3.54 |
| PAT Margin (%) | 15.1% |
| Adjusted EPS (₹) | 7.8 |
| Dividend Payout Ratio (%) | 0% |
| PARTICULARS | Mar'24 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 30.32 | |||||||||
| Share Capital ⓘ | 0.02 | |||||||||
| Reserves ⓘ | 30.30 | |||||||||
| Minority Interest | 0 | |||||||||
| Debt | 16.14 | |||||||||
| Long Term Debt | 0.76 | |||||||||
| Short Term Debt | 15.38 | |||||||||
| Trade Payables | 5.47 | |||||||||
| Others Liabilities ⓘ | 3.54 | |||||||||
| Total Liabilities ⓘ | 55.48 | |||||||||
Fixed Assets | ||||||||||
| Gross Block | 33.03 | |||||||||
| Accumulated Depreciation | 16.24 | |||||||||
| Net Fixed Assetsⓘ | 16.79 | |||||||||
| CWIP ⓘ | 0 | |||||||||
| Investmentsⓘ | 0 | |||||||||
| Inventories | 17.57 | |||||||||
| Trade Receivables | 6.05 | |||||||||
| Cash Equivalents | 12.39 | |||||||||
| Others Assetsⓘ | 2.68 | |||||||||
| Total Assets ⓘ | 55.48 | |||||||||
| PARTICULARS | Mar'24 |
|---|---|
| Cash Flow From Operating Activity ⓘ | 5.11 |
| PBT ⓘ | 4.73 |
| Adjustment ⓘ | 0.50 |
| Changes in Working Capital ⓘ | 1.08 |
| Tax Paid ⓘ | -1.21 |
| Cash Flow From Investing Activity ⓘ | -0.42 |
| Capex | -0.50 |
| Net Investments | 0 |
| Others ⓘ | 0.08 |
| Cash Flow From Financing Activityⓘ | 7.45 |
| Net Proceeds from Shares ⓘ | 14.06 |
| Net Proceeds from Borrowing ⓘ | -0.13 |
| Interest Paid ⓘ | -0.40 |
| Dividend Paid ⓘ | 0 |
| Others ⓘ | -6.07 |
| Net Cash Flow ⓘ | 12.14 |
| PARTICULARS | Mar'24 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 11.68 | |||||||||
| ROCE (%) | 11.03 | |||||||||
| Asset Turnover Ratio | 0.42 | |||||||||
| PAT to CFO Conversion(x) | 1.44 | Working Capital Days | ||||||||
| Receivable Days | 94 | |||||||||
| Inventory Days | 273 | |||||||||
| Payable Days | 114 | |||||||||
Paramount Dye Tec Limited was initially established as Partnership Firm under the Partnership Act, 1932 (Partnership Act) in the name and style of ‘Paramount Dye Tec’ pursuant to Deed of Partnership dated January 03, 2014, effective from January 01, 2014. Paramount Dye Tec was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of ‘Paramount Dye Tec Limited’ and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Centre dated January 04, 2024.
Paramount Dye Tec is a Ludhiana, Punjab-based company, specializing in the manufacturing of yarns by recycling waste synthetic fiber (recycling synthetic waste), serving the B2B segment of the textile industry. It offers a range of products including synthetic fiber and yarns which includes acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. It utilizes synthetic waste fibers as its primary raw material, transforming them into quality yarn. This process not only enhances industry sustainability but also boosts economic efficiency. Its commitment to environmental responsibility and economic benefits is evident through its innovative approach. Through continuous R&D, it has developed advanced technology to recycle pre-consumer waste into premium yarn and fiber. This capability allows it to meet the growing demand for sustainable and circular fashion, solidifying its market presence.
The company operates from its manufacturing facility located in Village Mangarh & Village Koom Khurd, Punjab. This facility is equipped with advanced processing capabilities and staffed with industry experts. It prioritizes quality assurance through rigorous testing of both raw materials and finished goods, ensuring adherence to the highest standards. As an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization, it adheres to a robust Quality Management System. Its dedication lies in providing work of such quality that aligns with project standards and specifications for materials, workmanship, schedules, and public service.
Business area of the company
Paramount Dye Tec is a waste recycling fiber & yarn manufacturing Company catering to B2B segment of the Textile industry. It offers a diverse range of products including synthetic fiber and yarns which includes acrylic yarn, polyester yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. It is an ISO 9001:2015 and Good Manufacturing Practice (GMP) certified organization
Products of the company
History and milestones
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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