Paramount Cosmetics (India) Ltd - Stock Valuation and Financial Performance

BSE: 507970 | NSE: | Household & Personal Products | Small Cap

Paramount Cosmetics Share Price

37.73 -1.02 -2.63%
as on 28-Mar'24 16:01

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Paramount Cosmetics (India) stock performance -

mw4me loader
P/E Ratio (SA):
64.60
Market Cap:
18.4 Cr.
52-wk low:
29
52-wk high:
54

Is Paramount Cosmetics (India) Ltd an attractive stock to invest in?

1. Is Paramount Cosmetics (India) Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Paramount Cosmetics (India) Ltd is a average quality company.

2. Is Paramount Cosmetics (India) Ltd undervalued or overvalued?

The key valuation ratios of Paramount Cosmetics (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Paramount Cosmetics (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Paramount Cosmetics (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Paramount Cosmetics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Paramount Cosmetics (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 7.6%7.1%6.2%4.8%4.8%3.9%3.8%5.5%-3.3%4.5%-
Value Creation
Index
-0.5-0.5-0.6-0.7-0.7-0.7-0.7-0.6-1.2-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 47.448.449.134.92121.924.217.520.226.724
Sales YoY Gr.-2.1%1.5%-29%-39.8%4.2%10.6%-27.6%15.3%32.4%-
Adj EPS 3.13.61.7-0.20.1-0.3-0.20.9-5.80.70.6
YoY Gr.-15.9%-53.6%-112.1%NA-363.6%NANA-760.2%NA-
BVPS (₹) 46.148.449.544.844.340.139.940.240.741.742.1
Adj Net
Profit
1.51.70.8-0.10.1-0.1-0.10.4-2.80.30
Cash Flow from Ops. 0.97.20.46.43.84.44.32.30.83.7-
Debt/CF from Ops. 19.43.361.83.25.44.74.37.617.83.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6.2%5%3.4%32.4%
Adj EPS -15.8%43.1%NANA
BVPS-1.1%-1.2%1.5%2.3%
Share Price 9.5% 14.7% 30.8% 21.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
6.97.63.4-0.40.3-0.7-0.52.2-14.41.61.4
Op. Profit
Mgn %
9.610.213.715.321.52016.315.5-4.110.54.5
Net Profit
Mgn %
3.23.61.6-0.30.3-0.7-0.42.5-141.21.2
Debt to
Equity
0.811111.10.90.90.70.6-
Working Cap
Days
273273283351455439431621540382147
Cash Conv.
Cycle
9310612315724925526638833623152

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.40%

Debt to equity has declined versus last 3 years average to 0.62

Sales growth has been subdued in last 3 years 3.39%

Sales growth is not so good in last 4 quarters at -2.23%

Latest Financials - Paramount Cosmetics (India) Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 -2.7
TTM Sales (₹ Cr.) 24.1 21.8
BVPS (₹.) 42.1 0
Reserves (₹ Cr.) 16 2
P/BV 0.90 0.00
PE 64.60 0.00
From the Market
52 Week Low / High (₹) 29.00 / 53.99
All Time Low / High (₹) 4.00 / 155.00
Market Cap (₹ Cr.) 18.4
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 56.3

Management X-Ray of Paramount Cosmetics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Paramount Cosmetics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales47.3948.3649.0834.8520.9821.8624.1817.5020.1826.72
Operating Expenses 42.8343.4442.3529.5216.4917.4920.2614.9121.1024.07
Manufacturing Costs0.250.460.5211.391.281.511.321.771.32
Material Costs32.3131.4429.7316.474.265.316.183.626.9612.15
Employee Cost 3.494.124.714.934.545.304.374.254.914.51
Other Costs 6.797.427.397.136.295.598.205.737.476.09
Operating Profit 4.554.926.735.334.494.383.922.59-0.922.65
Operating Profit Margin (%) 9.6%10.2%13.7%15.3%21.4%20.0%16.2%14.8%-4.6%9.9%
Other Income 0.190.170.270.070.360.070.041.174.560.20
Interest 1.881.923.033.232.822.502.252.312.351.70
Depreciation 0.600.802.532.141.721.431.251.060.950.81
Exceptional Items 00-0.010000000
Profit Before Tax 2.262.371.440.020.310.510.460.380.330.35
Tax 0.750.640.650.110.270.640.570.040.140.13
Profit After Tax 1.501.740.80-0.090.04-0.13-0.120.340.200.21
PAT Margin (%) 3.2%3.6%1.6%-0.3%0.2%-0.6%-0.5%2.0%1.0%0.8%
Adjusted EPS (₹)3.13.61.6-0.20.1-0.3-0.20.70.40.4
Dividend Payout Ratio (%)19%17%30%-259%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 22.3823.5224.0221.7521.5119.4819.3719.5019.7720.22
Share Capital 4.864.864.864.864.864.864.864.864.864.86
Reserves 17.5318.6619.1716.8916.6514.6314.5114.6514.9215.37
Minority Interest0000000000
Debt17.5323.2622.2218.9318.4418.5116.6115.6612.9910.65
Long Term Debt6.8412.0711.768.316.837.155.675.236.586.32
Short Term Debt10.6911.1910.4610.6211.6011.3510.9410.436.414.33
Trade Payables10.5412.0611.984.931.583.452.623.433.872.60
Others Liabilities 6.315.246.595.125.556.2610.169.3710.379.02
Total Liabilities 56.7764.0764.8150.7247.0847.7048.7647.9647.0142.49

Fixed Assets

Gross Block19.3829.0530.1624.4124.4524.6924.7624.9024.8124.92
Accumulated Depreciation6.053.716.242.143.865.286.537.598.399.19
Net Fixed Assets13.3325.3423.9222.2720.6019.4018.2317.3116.4315.73
CWIP 4.8800.120.340.230.070000
Investments 0000000000
Inventories13.9816.9820.7316.4617.1917.4415.7216.3214.8513.17
Trade Receivables11.0611.3010.392.840.143.196.656.057.426.23
Cash Equivalents 2.382.560.940.891.140.750.870.710.840.54
Others Assets11.147.898.707.917.786.847.287.587.476.82
Total Assets 56.7764.0764.8150.7247.0847.7048.7647.9647.0142.49

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.917.180.396.443.794.414.252.270.823.65
PBT 1.501.740.800.020.310.51-0.120.340.200.21
Adjustment 2.322.784.996.164.613.904.053.17-0.972.38
Changes in Working Capital -2.912.66-5.40.97-0.650.090.32-1.251.631.13
Tax Paid 000-0.71-0.47-0.1000-0.05-0.07
Cash Flow From Investing Activity -4.33-8.211.50-0.670.05-0.210.010.014.340.05
Capex -4.52-8.381.23-0.71-0.04-0.23-0.01-0.144.33-0.11
Net Investments 0000000000
Others 0.190.170.270.040.090.030.020.150.010.15
Cash Flow From Financing Activity 3.311.21-3.51-5.78-3.61-4.45-4.16-2.22-5.02-4.04
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-2.41-1.480.32-1.490.761.36-0.26
Interest Paid -1.88-1.92-1.92-3.23-2.82-2.50-2.25-2.31-2.35-1.70
Dividend Paid -0.27-0.27-0.32-0.29-0.3000000
Others 5.463.40-1.270.160.99-2.27-0.42-0.67-4.03-2.08
Net Cash Flow -0.120.18-1.62-0.010.23-0.250.110.050.14-0.34
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)6.957.563.36-0.410.17-0.62-0.611.7611.06
ROCE (%)11.169.899.417.177.397.326.957.257.566.09
Asset Turnover Ratio0.870.80.760.60.430.460.50.360.430.6
PAT to CFO Conversion(x)0.614.130.49N/A94.75N/AN/A6.684.117.38
Working Capital Days
Receivable Days8484816926287413212293
Inventory Days101117140195293289250334282191
Payable Days11913114818727917317930519197

Paramount Cosmetics (India) Ltd Stock News

Paramount Cosmetics (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Paramount Cosmetics on 28-Mar-2024 16:01 is ₹37.73.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Paramount Cosmetics stood at ₹18.35.
The latest P/E ratio of Paramount Cosmetics as of 28-Mar-2024 16:01 is 64.60.
The latest P/B ratio of Paramount Cosmetics as of 28-Mar-2024 16:01 is 0.90.
The 52-week high of Paramount Cosmetics is ₹53.99 and the 52-week low is ₹29.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Paramount Cosmetics is ₹24.14 ( Cr.) .

About Paramount Cosmetics (India) Ltd

Paramount Cosmetics (India) was incorporated as a private company in the name of Tips and Toes Cosmetics (Gujarat) Private Limited. By a special resolution passed by the members at the Extra-Ordinary General Meeting held on March 10, 1986, the company was converted into a public limited company and its name was changed to Tips and Toes Cosmetics (India). The company obtained the fresh certificates of incorporation on conversion into a public company on 18th April, 1986 and for change of its name to the present name on April 21, 1986. The main object of the company is to carry on the business of manufacturing/distributing cosmetics and toileteries and other related products. The company has been promoted by B D Topiwala, who heads the Shingar group of concerns.

With facilities at Vapi and the Union Territory of Daman, the company manufactures and markets indigenous and western cosmetics under the brand names Tips & Toes, Shilpa, and Shingar. The western range of cosmetics include Tips & Toes nail luster, lip luster, cream, blush-on, compact powder, talcum powder, eye definer, sindoor, among and other products.

Kumkum, kajal, and sticker kumkum are marketed in the domestic market under the brand name Shingar. Products marketed under the brand names Shilpa Sticker Kumkum and Shilpa Liquid Kumkum are manufactured by the company while other products marketed by it are bought as finished products.

Premier Cosmetics is a wholly-owned subsidiary. B D Topiwala has, for the past two decades, successfully steered the group to great heights and has established a major market share for various cosmetic products under their brand names such as Shingar and Tips and Toes. In 2003, the company unveiled its new products under the umbrella brand of Tips and Toes in the Kerala market. The products included lipsticks, nail polish, mascara, eyeliners, eye shadow, compacts and blush ons.

Business areas of the company:

Paramount Cosmetics (India) primarily operates in the business segment of cosmetics and personal care for men and women.

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