What we do Paramount Speciality Forgings Ltd manufactures diverse steel forgings in India for Petrochemicals, Oil & Gas, Fertilizers, Nuclear Power and heavy engineering sectors. |
Founded in 1,996 |
Market share Growing presence with expanding production capacity and strong order book in industrial and oil & gas segments. |
Problem solved Provides high-quality forged components meeting international standards to support critical heavy industry infrastructure. |
Top clients or who we serve Serves B2B customers across Petrochemicals, Chemicals, Oil & Gas, Fertilizers, Nuclear, and heavy engineering sectors. |
Key management - |
Our journey and innovations Founded as a partnership in 1994, converted to LLP in 2019, public limited in 2023; invested in advanced forging tech and digital systems. |
Where we operate India (major revenue) with exports constituting about 72% of operations. |
Top products or what we offer Forged steel components weighing 1Kg to 4 tons, finished or rough machined, adhering to global standards. |
Top brands - |
Raw materials needed Steel billets and alloys for forging operations. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue driven by recurring industrial orders, though exposed to raw material price fluctuations. |
Our industry position Emerging player with significant order pipeline and growing market penetration in specialty forging sector. |
Financial highlights FY 2024-25 Revenue Rs 1099.33 crore, Net Profit Rs 4.47 crore, 6.94% revenue growth YoY. |
Geographical revenue split Approximately 27% revenue within India and 73% from exports overseas. |
Order book Strong industrial and oil & gas order book supporting near-to-medium term growth. |
Whats driving growth Capacity expansion, advanced machinery, digitalization, and strong demand in energy and heavy engineering. |
Our future plans Expand manufacturing with new hammer and forging press; invest IPO proceeds in capacity and tech upgrades. |
Our green promise Implementing energy-efficient systems and renewable projects, aiming to reduce carbon footprint significantly. |
Our people and values Balanced board with executive and independent directors; emphasis on governance and employee welfare. |
Key challenges ahead Raw material cost inflation, regulatory compliance, and timely project execution risks. |
Interesting facts Successful IPO on NSE EMERGE in 2024, pioneering advanced forging capacity expansion. |
Risks and strategy Managing operational, financial, compliance risks via certifications, audits, and process improvements. |
