Paramount Cosmetics (India) Ltd (507970)
๐ฏ Key Takeaways
- Paramount Cosmetics (India) Ltd is a small-cap FMCG company operating in a highly competitive and low-margin segment, with a current narrative centered on financial instability and operational stagnation. Despite stable promoter holding, the company has reported persistent losses, negative operating cash flow, and declining revenue trends over multiple quarters, signaling a distressed or non-viable business model under current conditions.
- Revenue grew 20.4% QoQ to โน3 in Q1FY27.
- โ ๏ธ 1) Persistent negative operating cash flow and recurring net losses threaten solvency. 2) Revenue has declined over three consecutive quarters with no
- Market Cap
- โน19
- P/E Ratio
- 81.6
- P/B Ratio
- 0.91
- ROE
- 1.1%
- ROCE
- 7.2%
- Debt/Equity
- 0.12
- Promoter
- 74.8%
๐ The Story
Paramount Cosmetics (India) Ltd is a small-cap FMCG company operating in a highly competitive and low-margin segment, with a current narrative centered on financial instability and operational stagnation. Despite stable promoter holding, the company has reported persistent losses, negative operating cash flow, and declining revenue trends over multiple quarters, signaling a distressed or non-viable business model under current conditions.
๐ฐ What's Happening
Management has not announced any new strategic initiatives, expansions, or acquisitions in recent filings. There has been no change in leadership or operational restructuring disclosed. The company continues to operate with minimal revenue base and negligible profitability, with no visible catalysts or reinvention plans emerging from regulatory disclosures.
Source: Stock Announcements
๐ Quarterly Results (โน Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 5 | 9 | 5 | 3 | 3 |
| Operating Profit | 0 | 0 | 0 | 0 | -0 |
| OPM % | 6.8% | 3.5% | 1.7% | 12.2% | -13.1% |
| Net Profit | -0 | 0 | 0 | -0 | 0 |
| EPS | โน-0.68 | โน0.95 | โน0.28 | โน-0.40 | โน0.99 |
Revenue has declined sequentially from โน9 crore in September 2025 to โน5 crore in June 2025 and remained flat at โน3 crore in the latest two quarters, indicating a shrinking top line. Operating margins have swung wildly from 12.2% to negative 13.1%, with the company reporting zero operating profit in two of the last four quarters, reflecting severe pricing pressure or cost inefficiencies with no recovery in sight.
๐ฎ Management Outlook & What's Next
There is no forward guidance or explicit outlook provided in the latest filings regarding revenue, profitability, or strategic direction. Management has not addressed future growth prospects, margin improvement plans, or capital allocation priorities in the commentary accompanying financial results.
Extracted from official company announcements. Not StockFin.ai's opinion.
๐ฆ Balance Sheet (โน Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 |
| Reserves | 16 | 16 | 16 | 16 |
| Borrowings | 11 | 12 | 2 | 10 |
| Total Liabilities | 40 | 41 | 35 | 39 |
| Fixed Assets | 14 | 4 | 4 | 4 |
| Investments | 0 | 0 | 0 | 0 |
| Total Assets | 40 | 41 | 35 | 39 |
The balance sheet shows stable equity and reserves but a rising trend in borrowings โ from โน11 crore in March 2025 to โน10 crore in March 2026, though still modest in absolute terms. Total assets have declined slightly, suggesting limited reinvestment. The company is not deleveraging and appears to be financing minimal operations through debt, raising concerns about capital efficiency.
๐ฐ Cash Flow Statement (โน Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +1 |
| Investing | +1 |
| Financing | -2 |
| Net Cash Flow | -0 |
๐ฅ Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 74.8% | 74.8% | 74.8% | 74.8% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 20.1% | 20.1% | 20.1% | 20.1% |
| # Shareholders | 6,296 | 6,304 | 6,367 | 6,349 |
Promoter holding remains stable at 74.78% with no pledging or dilution disclosed. FII and DII holdings are negligible (0% and 0.03% respectively), indicating no institutional interest. The shareholder base is fragmented with over 6,000 public shareholders, but trading activity or sentiment signals are not evident from disclosure patterns.
โ๏ธ Peer Comparison โ FMCG
| Company | MCap (โน Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| HINDUNILVR | 4.45 L Cr | 29.8 | 29.8% | โ | 0.00 |
| ITC | 3.32 L Cr | 16.7 | 36.0% | โ | 0.03 |
| NESTLEIND | 2.60 L Cr | 68.1 | 99.2% | โ | 0.00 |
| VBL | 1.45 L Cr | 43.0 | 21.5% | โ | 0.10 |
| BRITANNIA | 1.18 L Cr | 45.5 | 54.1% | โ | 0.27 |
| LENSKART | 1.14 L Cr | 171.2 | 11.9% | โ | 0.03 |
| MARICO | 1.05 L Cr | 55.3 | 54.2% | โ | 0.08 |
| TATACONSUM | 94,808 | 58.0 | 10.2% | โ | 0.10 |
| GODREJCP | 89,022 | 46.5 | 17.8% | โ | 0.33 |
| DABUR | 68,475 | 34.7 | 21.3% | โ | 0.09 |
๐ Peer Stock Analyses
โ ๏ธ Risk Factors
1) Persistent negative operating cash flow and recurring net losses threaten solvency. 2) Revenue has declined over three consecutive quarters with no signs of stabilization. 3) Operating margins are volatile and currently negative, with no cost control measures disclosed. 4) Lack of management commentary or strategic direction suggests potential operational stagnation or exit from active business.
๐ Recent Filings
- ๐ก Board Meeting2026-09-29Paramount Cosmetics' board approved increasing authorized share capital from Rs. 5 crore to Rs. 39 crore via 3.9 million new shares, subject to sharehโฆ
- ๐ด Announcement2026-09-29Paramount Cosmetics (India) Ltd announced an increase in its authorized share capital from Rs. 5 crore to Rs. 39 crore, converting 5 million shares ofโฆ
- ๐ก Board Meeting2026-09-24Paramount Cosmetics (India) Ltd announced a board meeting on September 28, 2026, at 3:00 PM IST via video conference to consider unspecified business โฆ
- ๐ก Board Meeting2026-09-24Paramount Cosmetics (India) Ltd announced a board meeting rescheduled to September 29, 2026, at 3:00 PM IST via video conference to consider director-โฆ
- Announcement2026-09-21Paramount Cosmetics (India) Ltd announced that its trading window will close on October 1, 2026, until 48 hours after the unaudited Q2 and H1 results โฆ
- ๐ด annual report2026-09-07Paramount Cosmetics (India) Limited announced that it has dispatched letters with the web-link to its FY 2025-26 Annual Report to all shareholders, boโฆ
- ๐ก Board Meeting2026-09-03Paramount Cosmetics (India) Ltd issued an AGM notice dated 3 September 2026 for its 41st Annual General Meeting scheduled on 30 September 2026 at 11:0โฆ
- ๐ด annual report2026-09-03Paramount Cosmetics (India) Limited reported a net profit of โน5.12 lakhs for FY 2025-26, up from โน3.00 lakhs in the previous year, with total revenue โฆ
๐ง Analyst's Read
The company exhibits clear signs of financial and operational distress with no visible recovery path, making it a high-risk entity despite stable promoter ownership. Investors should monitor for further disclosures on cash flow distress, debt maturities, or any attempts at restructuring, as current trends suggest limited viability without fundamental intervention.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only โ not investment advice. Updated 2026-09-29.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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