Paramount Cosmetics (India) Limited (PARMCOS-B.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-47.3%

₹18.72

vs ₹35.50 price

Levered DCF

₹78.70

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	313.64×	662.94×	907.03×	78.16×	116×	22.61×	-49.25×	-73.08×
P/B	0.78×	0.98×	0.96×	0.83×	1.14×	0.4×	0.3×	0.47×
P/S	0.75×	0.98×	0.89×	0.62×	1.12×	0.45×	0.24×	0.42×
EV / EBITDA	6.46×	14.08×	54.05×	10.17×	11.15×	6.55×	6.03×	6.91×
Gross margin	16.1%	21.2%	15.1%	52.5%	65.5%	76.3%	46.1%	38.8%
Operating margin	4.9%	2.1%	-0.4%	7.5%	-8.8%	9.5%	11.2%	13.5%
Net margin	0.2%	0.1%	0.1%	0.8%	1.0%	2.0%	-0.5%	-0.6%
Current ratio	2.02×	1.63×	1.78×	1.41×	1.33×	1.15×	1.06×	1.08×
Debt / equity	0.12×	0.56×	0.6×	0.62×	0.74×	0.88×	0.94×	1.07×
Interest coverage	0.58×	0.27×	-0.05×	1.18×	-0.89×	0.72×	1.2×	1.18×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	0.2%	0.1%	0.1%	1.0%	1.0%	1.8%	-0.6%	-0.7%
Return on invested capital	0.6%	0.6%	-0.1%	3.5%	-2.8%	3.8%	-1.8%	-1.8%
Return on assets	0.1%	0.1%	0.1%	0.5%	0.4%	0.7%	-0.2%	-0.3%
Free cash flow yield	55.6%	-0.4%	-1.3%	21.2%	2.4%	27.3%	72.7%	45.3%
Earnings yield	0.3%	0.2%	0.1%	1.3%	0.9%	4.4%	-2.1%	-1.4%
Enterprise value	₹169.6M	₹312M	₹314.9M	₹290.1M	₹365.5M	₹246.2M	₹235.6M	₹298M
Net debt / EBITDA	0.34×	5.1×	20.72×	4.32×	4.28×	4.48×	4.56×	4.77×
Cash conversion cycle (days)	355	480	368	403	715	1,273	478	445