About Paramountforge
Paramountforge is a publicly listed company. It operates as a manufacturer of high-quality forgings for heavy industries. Its Indian entity Paramount Speciality Forgings Limited reported revenue of ₹111 Cr. Paramountforge offers products and services including Rolled Rings and Flanges. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Forgings for sectors including oil and gas, nuclear, and petrochemicals are manufactured by Paramountforge. Rolled rings, flanges, non-standard forgings, and valve components are created from materials like carbon steels, stainless steels, and high-nickel alloys. The process involves raw material receipt, sawing, heating, forging or ring rolling, heat treatment, machining, inspection, and packing. Stringent quality standards are met through these operations, serving heavy engineering needs.
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website paramountforge.com
- Legal Name Paramount Speciality Forgings Limited
- Market Cap₹62.00 Cr
PSFL-SM · NSE
- Share Price₹31.00
-1.59% today
- Revenue₹120 Cr
FY 2025-26 · +9.1% YoY
- EBITDA₹7.49 Cr
Margin 6.2%
- Net Profit₹4.20 Cr
FY 2025-26 · -5.6% YoY
- P/E (TTM)14.8x
P/B 1.1x
- ROE7.9%
ROCE 9.4%
- Debt / Equity0.53
Interest cover 35.1x
Associated legal entities of Paramountforge
Paramountforge operates through Paramount Speciality Forgings Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paramount Speciality Forgings Limited Listed CIN L24109MH2023PLC402307 | Active | 05 May 2023 | Mumbai, Maharashtra | ₹111 Cr | – | 8 | View details |
Products & Services of Paramountforge
Paramountforge offers a comprehensive portfolio of products and services, including Rolled Rings and Flanges.
Rolled rings are produced through hot forming processes for applications in heavy engineering sectors.
Flanges are manufactured in various types according to international standards for use in industrial applications.
Board of directors of Paramount Speciality Forgings Limited (Paramountforge)
Paramount Speciality Forgings Limited is the primary company behind Paramountforge. The board of Paramount Speciality Forgings Limited currently have 6 directors; the longest-serving is Aliasgar Abdulla Bhagat, appointed in 2023. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aliasgar Abdulla Bhagat DIN 00335869 | Director | 05 May 2023 | 3 yrs 5 mo | Paramount Speciality Forgings Limited |
| Aliasgar Roshan Hararwala DIN 00334957 | Managing Director | 05 May 2023 | 3 yrs 5 mo | Paramount Speciality Forgings Limited |
| Mohammed Salim Hararwala DIN 00335357 | Director | 05 May 2023 | 3 yrs 5 mo | Paramount Speciality Forgings Limited |
| Kurian Pallathuseril Chandy DIN 00855226 | Director | 28 Sep 2023 | 3 yrs | Paramount Speciality Forgings Limited |
| Apurva Pradeep Joshi DIN 06608172 | Director | 28 Sep 2023 | 3 yrs | Paramount Speciality Forgings Limited |
| Satish Madhav Shenoy DIN 00230711 | Director | 11 Jul 2026 | 3 mo | Paramount Speciality Forgings Limited |
IPO & Listings of Paramountforge
Paramountforge is a publicly listed company on the NSE with ticker symbol PSFL in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Sep 2024
- Listed onNSE: PSFL
- Listed entityParamount Speciality Forgings Limited
- Exchange sectorProducer manufacturing
- ISININE0Q6001012
- Share price₹33.00 (+4.6% on the day) · 2026-10-14
- Market capitalisation₹63.2 Cr
- Price to earnings15.3
- EPS (diluted, trailing year)₹2.16
- Volume (last session)14,000
Financials of Paramountforge
Exchange-reported figures of Paramount Speciality Forgings Limited, the listed company behind Paramountforge (NSE: PSFL-SM).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 120 | 110 | 113 | 110 | 87.58 | 51.63 |
| Revenue growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| EBITDA | 7.49 | 8.51 | 13.34 | 5.75 | 3.33 | 6.04 |
| EBITDA margin | +6.2% | +7.7% | +11.8% | +5.2% | +3.8% | +11.7% |
| Profit before tax | 5.70 | 5.86 | 10.07 | 3.59 | 3.83 | (0.54) |
| Net profit | 4.20 | 4.45 | 7.28 | 2.77 | (0.10) | (0.26) |
| Net profit margin | +3.5% | +4.1% | +6.5% | +2.5% | -0.1% | -0.5% |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Balance sheet | ||||||
| Total assets | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Net worth | 56.24 | 51.98 | 22.91 | 15.66 | 19.70 | 16.57 |
| Total debt | 28.37 | 28.52 | 24.93 | 20.27 | 11.77 | 15.90 |
| Cash & bank | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Net working capital | 51.70 | 65.20 | 36.38 | 23.62 | 17.15 | 16.58 |
| Cash flow | ||||||
| Cash from operations | 5.92 | (2.87) | (4.35) | (0.41) | 4.01 | 0.85 |
| Cash from investing | (17.20) | (9.80) | 0.33 | (0.92) | 2.54 | (0.29) |
| Cash from financing | (2.24) | 26.76 | 3.70 | 0.27 | (5.43) | (1.74) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 120 | 110 | 113 | 110 | 87.58 | 51.63 |
| Revenue growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| Other income | 1.81 | 0.97 | 0.88 | 1.88 | 4.85 | 0.32 |
| Total expenses | 112 | 101 | 99.42 | 105 | 84.25 | 45.59 |
| Employee cost | 8.22 | 7.85 | 7.28 | 6.29 | 5.30 | 4.30 |
| EBITDA | 7.49 | 8.51 | 13.34 | 5.75 | 3.33 | 6.04 |
| EBITDA margin | +6.2% | +7.7% | +11.8% | +5.2% | +3.8% | +11.7% |
| Depreciation | 1.50 | 1.43 | 2.02 | 2.61 | 3.04 | 4.68 |
| Interest | 2.10 | 2.19 | 2.13 | 1.43 | 1.31 | 2.22 |
| Profit before tax | 5.70 | 5.86 | 10.07 | 3.59 | 3.83 | (0.54) |
| Tax | 1.44 | 1.41 | 2.81 | 0.82 | 0.70 | (0.28) |
| Net profit | 4.20 | 4.45 | 7.28 | 2.77 | (0.10) | (0.26) |
| Net profit margin | +3.5% | +4.1% | +6.5% | +2.5% | -0.1% | -0.5% |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 19.68 | 19.68 | 14.88 | 0.01 | 0.01 | 0.01 |
| Reserves & surplus | 36.56 | 32.30 | 8.03 | 15.65 | 19.69 | 16.56 |
| Shareholders' funds (net worth) | 56.24 | 51.98 | 22.91 | 15.66 | 19.70 | 16.57 |
| Secured loans | 22.34 | 22.38 | 18.13 | 13.47 | 11.77 | 12.24 |
| Unsecured loans | 6.03 | 6.14 | 6.80 | 6.80 | 0.00 | 3.66 |
| Total debt | 28.37 | 28.52 | 24.93 | 20.27 | 11.77 | 15.90 |
| Total liabilities | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Assets | ||||||
| Gross block | 53.75 | 51.75 | 48.30 | 47.95 | 46.51 | 45.90 |
| Net block | 13.05 | 12.56 | 9.24 | 10.91 | 12.08 | 13.64 |
| Capital work in progress | 15.07 | 1.27 | 0.04 | 0.00 | 0.36 | 0.13 |
| Investments | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Inventories | 51.19 | 46.28 | 38.54 | 29.42 | 17.58 | 16.97 |
| Sundry debtors | 25.25 | 20.61 | 16.35 | 17.21 | 12.65 | 8.61 |
| Cash & bank balances | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Loans & advances | 10.65 | 12.72 | 14.56 | 11.80 | 8.30 | 6.63 |
| Total current assets | 93.70 | 99.73 | 69.76 | 59.49 | 39.86 | 32.66 |
| Total current liabilities | 42.00 | 34.53 | 33.38 | 35.87 | 22.71 | 16.08 |
| Net working capital | 51.70 | 65.20 | 36.38 | 23.62 | 17.15 | 16.58 |
| Total assets | 85.55 | 81.28 | 48.41 | 36.37 | 31.79 | 32.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 14.10 | 0.01 | 0.32 | 1.21 | 0.08 | 1.26 |
| Net cash from operating activities | 5.92 | (2.87) | (4.35) | (0.41) | 4.01 | 0.85 |
| Net cash from investing activities | (17.20) | (9.80) | 0.33 | (0.92) | 2.54 | (0.29) |
| Net cash from financing activities | (2.24) | 26.76 | 3.70 | 0.27 | (5.43) | (1.74) |
| Net change in cash | (13.52) | 14.09 | (0.31) | (1.06) | 1.13 | (1.18) |
| Closing cash | 6.61 | 20.12 | 0.31 | 1.06 | 1.33 | 0.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +9.1% | -2.5% | +2.2% | +26.0% | +69.6% | - |
| EBITDA growth | -12.0% | -36.2% | +132.0% | +72.7% | -44.9% | - |
| PBT growth | -2.7% | -41.8% | +180.5% | -6.3% | +9998.0% | +9997.0% |
| Net income growth | -5.6% | -38.9% | +162.8% | +2870.0% | +61.5% | - |
| Revenue CAGR (3Y) | +2.8% | +7.9% | +29.7% | - | - | - |
| EBITDA CAGR (3Y) | +9.2% | +36.7% | +30.2% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +3.6% | +4.1% | +6.4% | +2.5% | +3.6% | -0.5% |
| Return on capital employed | +9.4% | +12.4% | +28.8% | +14.7% | +2.8% | +5.1% |
| Return on net worth | +7.9% | +11.9% | +37.6% | +15.6% | -0.6% | -1.6% |
| Debt / equity | 0.53 | 0.71 | 1.17 | 0.91 | 0.76 | 0.96 |
| Long-term debt / equity | 0.02 | 0.01 | 0.02 | 0.07 | 0.11 | 0.13 |
| Interest cover | 35.06 | 30.93 | 18.82 | 45.54 | 451.72 | 163.24 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 2.27 | 2.20 | 2.34 | 2.34 | 1.90 | 1.12 |
| Inventory turnover | 2.46 | 2.59 | 3.32 | 4.70 | 5.07 | 3.04 |
| Debtors turnover | 5.23 | 5.95 | 6.72 | 7.39 | 8.24 | 6.00 |
| EPS (₹) | 2.16 | 2.27 | 4.87 | 2,758.40 | 3,134.40 | (273.60) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 28.57 | 26.41 | 15.40 | 15,661.40 | 19,704.90 | 16,570.50 |
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Frequently Asked Questions about Paramountforge
The primary company behind Paramountforge, Paramount Speciality Forgings Limited, reported revenue of ₹111 Cr for FY 2025, up 7% year on year.
Forgings for sectors including oil and gas, nuclear, and petrochemicals are manufactured by Paramountforge. Rolled rings, flanges, non-standard forgings, and valve components are created from materials like carbon steels, stainless steels, and high-nickel alloys. The process involves raw material receipt, sawing, heating, forging or ring rolling, heat treatment, machining, inspection, and packing. Stringent quality standards are met through these operations, serving heavy engineering needs.
Paramountforge offers Rolled Rings and Flanges.
Yes, Paramountforge is publicly traded on NSE under the ticker symbol PSFL.
Paramountforge operates through Paramount Speciality Forgings Limited.
The legal entities of Paramountforge currently have 8 directors, including Farkhanda Abdul Razak Pagarkar, Kurian Pallathuseril Chandy, Apurva Pradeep Joshi and others.