BSE: PARMSILK CMP: Rs 290.20 P/E: 9.39x ROCE: 11.33% 6M Ret: +271.96% ATH: Rs 290.20 ▲ MCap: Rs 87.09 Cr
Key Performance Indicators
Parmeshwari Silk trades at Rs 290.20 on BSE (ticker: PARMSILK), with a market capitalisation of Rs 87.09 crore. The price-to-earnings ratio is 9.39x. Return on capital employed stands at 11.33%. The six-month price return is +271.96%. Quarterly net profit stands at Rs 2.63 crore, a year-on-year change of 17.70%. Quarterly sales are Rs 64.48 crore (+9.03% year-on-year). The all-time high is Rs 290.20 — the stock is currently at its all-time high.
Highlights
Parmeshwari Silk has delivered a six-month return of 271.96%, positioning it among the notable performers over the measured period in the consumer sector. The current price of Rs 290.20 coincides with the all-time high — the stock is at its strongest historical level with no established overhead resistance from prior price history. The market capitalisation of Rs 87.09 crore at the current price classifies this as a micro-cap entity.
At a P/E of 9.39x, the stock trades at a valuation close to or below the Indian market average, potentially representing a value opportunity if growth is sustained. The ROCE of 11.33% — crossing the double-digit threshold that typically signals competitive business returns — provides a capital efficiency perspective that complements the P/E valuation framework.
Business Overview
Parmeshwari Silk Mills manufactures silk and premium synthetic fabrics for India's apparel and home textiles market. Silk and premium fabric producers serve fashion designers, traditional garment manufacturers, export apparel companies, and premium home furnishing markets. India's silk industry has a globally recognised heritage — Benares, Mysore, Kanchipuram — with premium Indian silk commanding recognition in domestic and international luxury and traditional apparel segments.
The financial profile is unusually favourable among this batch: the P/E of just 9.39 times — the lowest in both this and the prior batch — on quarterly profit of Rs 2.63 crore growing 17.70% and revenue of Rs 64.48 crore growing 9.03% indicates an undervalued profitable business by conventional P/E metrics. The ROCE of 11.33% is one of the best in this dataset. The six-month return of 271.96% with the stock at its all-time high of Rs 290.20 — coinciding with the current price — confirms positive momentum. A P/E of 9.39 times with double-digit ROCE in a growing textile company is an unusual value combination in the current Indian market.
Financial Analysis
Parmeshwari Silk's financial profile for the most recently reported quarter shows quarterly revenue of Rs 64.48 crore (+9.03% year-on-year) and quarterly net profit of Rs 2.63 crore (17.70% variation year-on-year). The positive quarterly profitability — even at modest absolute levels — provides a foundational earnings base from which P/E-based valuation can be meaningfully applied.
The ROCE of 11.33% is above the 10% threshold widely used as an indicator of competitive business returns — businesses that sustain ROCE above their cost of capital create economic value for shareholders over time.
At Rs 87.09 crore market capitalisation, Parmeshwari Silk operates in the small-cap space where institutional coverage may be limited but trading liquidity is practical for retail and smaller institutional investors. Investors should access the company's quarterly results on BSE and any investor presentations for a comprehensive fundamental assessment.
Investor Highlights
The investment case for Parmeshwari Silk is anchored in the consumer sector's structural growth dynamics in India — rising incomes, retail formalisation, and branded goods premiumisation — combined with the company-specific momentum reflected in the 271.96% six-month return.
With the stock at its all-time high of Rs 290.20, the near-term direction is determined by fresh fundamental news flow — quarterly results, contract wins, management guidance, or sector developments — rather than historical price resistance dynamics. Investors entering at all-time highs should have high conviction in the fundamental growth trajectory to justify the entry without the benefit of a prior correction offering a more favourable risk-reward entry point.
The positive quarterly profitability provides a verifiable earnings anchor that supports P/E-based valuation and dividend capacity assessment — distinguishing Parmeshwari Silk from the pre-revenue or loss-making entities in this collection where valuation is entirely expectation-dependent. Investors should track quarterly earnings trend data through BSE filings to assess whether the profit trajectory is improving, stable, or deteriorating relative to the current market capitalisation.
Frequently Asked Questions
Q: What does Parmeshwari Silk do and what sector does it operate in?
A: Parmeshwari Silk operates in India's consumer sector, listed on BSE under ticker PARMSILK. The company's specific products, services, and revenue model are documented in its annual report and exchange filings available through the BSE portal at bseindia.com. Investors should read these documents to form an accurate business understanding before drawing investment conclusions from price performance.
Q: What explains the six-month return of 271.96% for Parmeshwari Silk?
A: The 271.96% six-month return reflects a combination of positive sector-level sentiment in the consumer space, company-specific operational improvements visible in the financial data, and market re-rating of the company's growth potential. The positive quarterly profit of Rs 2.63 crore and revenue growth provide fundamental support for the appreciation. Specific fundamental triggers — contract wins, capacity additions, or strategic announcements — should be verified through BSE exchange disclosures.
Q: How should investors interpret the ROCE of 11.33% for Parmeshwari Silk?
A: Return on capital employed of 11.33% measures the pre-tax profit generated per rupee of total capital deployed in the business. At 11.33%, the company generates returns above the typical cost of capital for Indian businesses — a positive signal that indicates the business creates rather than destroys economic value on the capital it employs.
Q: What is Parmeshwari Silk's current P/E and all-time high?
A: Parmeshwari Silk trades at a price-to-earnings multiple of 9.39x at the current price of Rs 290.20. The all-time high price is Rs 290.20 — the current price coincides with this level, confirming the stock is at its strongest historical price point.
Q: Where can investors find Parmeshwari Silk's official financial data?
A: Parmeshwari Silk's quarterly results, annual reports, shareholding patterns, and all material corporate disclosures are filed with the BSE and are freely available through the BSE corporate filing portal at bseindia.com. SEBI's listing regulations mandate disclosure of all financial results, board decisions, and significant corporate events within prescribed timelines. These filings are the authoritative source of verified financial and operational data for investment analysis.