PARMSILK
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
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Summary
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
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Events:
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Popular questions
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Business
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Financials
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Share Price
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Shareholdings
What does Parmeshwari SilkMill do?
Parmeshwari Silk Mills Ltd was established in 1993. It is engaged in selling of shirting fabric and ladies dress material under its brand Ramtex. The company has in-house manufacturing capacity for weaving, embroidery and digital printing in Ludhiana (Punjab).
Who are the competitors of Parmeshwari SilkMill?
Parmeshwari SilkMill major competitors are Golden Carpets, Alps Inds, Enterprise Internatl, Bharat Textile, RLF, Prashant India, Minaxi Textiles. Market Cap of Parmeshwari SilkMill is ₹8 Crs. While the median market cap of its peers are ₹8 Crs.
Is Parmeshwari SilkMill financially stable compared to its competitors?
Parmeshwari SilkMill seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Parmeshwari SilkMill pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Parmeshwari SilkMill latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Parmeshwari SilkMill allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Parmeshwari SilkMill balance sheet?
Parmeshwari SilkMill balance sheet is weak and might have solvency issues
Is the profitablity of Parmeshwari SilkMill improving?
Yes, profit is increasing. The profit of Parmeshwari SilkMill is ₹8.18 Crs for TTM, ₹6.03 Crs for Mar 2024 and ₹5.52 Crs for Mar 2023.
Is the debt of Parmeshwari SilkMill increasing or decreasing?
Yes, The net debt of Parmeshwari SilkMill is increasing. Latest net debt of Parmeshwari SilkMill is ₹122 Crs as of Sep-24. This is greater than Mar-24 when it was ₹113 Crs.
Is Parmeshwari SilkMill stock expensive?
Yes, Parmeshwari SilkMill is expensive. Latest PE of Parmeshwari SilkMill is 0.95, while 3 year average PE is 0.8. Also latest EV/EBITDA of Parmeshwari SilkMill is 5.27 while 3yr average is 5.2.
Has the share price of Parmeshwari SilkMill grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Parmeshwari SilkMill?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Parmeshwari SilkMill is 60.17% and last quarter promoter holding is 60.17%.
Are mutual funds buying/selling Parmeshwari SilkMill?
There is Insufficient data to gauge this.