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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹33 Cr.
Stock P/E
3.8
P/B
0.5
Current Price
₹109.8
Book Value
₹ 206.6
Face Value
10
52W High
₹115.2
52W Low
₹ 27.2
Dividend Yield
0%

Parmeshwari SilkMill Overview

1. Business Overview

Parmeshwari Silk Mills Ltd. (PARMSILK) operates in the textile sector, specifically within the textile industry in India. Based on its name, the company's core business likely involves the manufacturing, processing, and trading of silk and silk-blend textile products. This could include silk yarns, raw silk fabrics, processed silk fabrics (dyed, printed), and potentially value-added products like ready-made garments or home textiles made from silk. The business model typically involves sourcing raw materials (e.g., silk cocoons, silk yarn, other fibers), undertaking manufacturing processes like weaving, dyeing, and finishing, and then selling finished products to wholesalers, distributors, retailers, or directly to export markets. The company makes money through the sales revenue generated from its textile products, subtracting the costs of raw materials, manufacturing, and operational expenses.

2. Key Segments / Revenue Mix

Without specific financial reports, a precise breakdown of key segments or revenue mix is unavailable. However, given the company's name, the primary segment would likely be:

Silk Textiles: This would encompass various forms of silk products, from raw silk fabrics to finished, dyed, or printed silk materials.

Other Textiles (potentially): While silk-focused, the company might also deal in other natural or blended fibers to diversify its product portfolio or cater to broader market demands.

Domestic Sales vs. Exports: Like many Indian textile companies, revenue could be derived from both sales within India and exports to international markets.

3. Industry & Positioning

The Indian textile industry is vast, diverse, and highly fragmented, comprising large integrated players, mid-sized specialized firms, and a significant unorganized sector. It includes various sub-segments like cotton, silk, wool, and synthetic textiles. The industry is sensitive to raw material price fluctuations, fashion trends, and global economic cycles. Parmeshwari Silk Mills, as a "Silk Mills," likely positions itself as a specialized player within the silk segment. Its positioning relative to peers would depend on its product quality, design capabilities, manufacturing scale, cost efficiency, and market reach (domestic vs. international, mass market vs. niche/premium). It competes with other dedicated silk manufacturers, broader textile companies that have a silk division, and smaller unorganized players.

4. Competitive Advantage (Moat)

Competitive advantages in the textile industry are generally limited due to high competition and relatively low switching costs for customers. However, PARMSILK could potentially possess moats through:

Niche Expertise: Deep expertise in silk processing, quality control, and traditional techniques, leading to superior product quality or unique designs.

Brand Reputation: If it has built a strong brand name synonymous with quality silk products, commanding customer loyalty and potentially premium pricing.

Cost Efficiency: Achieved through efficient raw material sourcing, integrated manufacturing processes, or operational scale within its niche.

Customer Relationships: Long-standing relationships with key buyers (e.g., garment manufacturers, retailers) both domestically and internationally.

A significant, durable competitive advantage (moat) is often challenging to establish and maintain in this sector unless there's a strong brand, proprietary technology, or significant economies of scale not easily replicated.

5. Growth Drivers

Key factors that could drive Parmeshwari Silk Mills' growth over the next 3-5 years include:

Growing Disposable Incomes: Increasing consumer spending on apparel and home furnishings, particularly for natural and premium fibers like silk.

Fashion Trends: Resurgence in demand for natural fabrics and traditional Indian textiles, as well as evolving global fashion trends favoring silk.

Export Opportunities: Favorable trade agreements, diversification of global supply chains, and rising demand for Indian textiles in international markets.

Product Diversification & Value Addition: Expanding into new silk-based products (e.g., garments, blends) or offering value-added services like specialized finishes.

Operational Efficiencies: Investments in technology and automation to reduce costs and improve product quality and turnaround times.

6. Risks

Parmeshwari Silk Mills faces several key business risks:

Raw Material Price Volatility: Prices of raw silk, cocoons, and other fibers can fluctuate significantly due to weather conditions, supply disruptions, and global demand, impacting profitability.

Intense Competition: High competition from both domestic and international players, including larger textile groups and numerous unorganized players.

Changing Fashion Trends: Rapid shifts in consumer preferences and fashion trends can lead to inventory obsolescence and reduced demand for specific product lines.

Economic Downturns: Discretionary spending on textiles and apparel is sensitive to economic cycles, impacting sales volumes and realizations.

Foreign Exchange Fluctuations: For companies involved in exports or imports, adverse currency movements can impact revenue and cost structures.

Labor Costs & Availability: The textile industry is labor-intensive, and rising labor costs or scarcity of skilled labor can affect profitability and operations.

7. Management & Ownership

In India, companies like Parmeshwari Silk Mills typically have a promoter group (often a founding family or group) that holds a significant equity stake and plays a key role in strategic decision-making and day-to-day operations. The quality of management is critical and would typically be assessed through their strategic vision, execution capabilities, governance practices, and financial performance track record. Ownership structure usually involves a promoter holding, along with institutional investors and public shareholders. Specific details on the current management team's experience, promoter shareholding percentage, or board composition would require access to the latest annual reports or regulatory filings.

8. Outlook

Parmeshwari Silk Mills operates in a dynamic yet competitive textile market.

The bull case for the company rests on the potential for continued growth in India's consumption story, increasing global demand for natural and premium textiles like silk, and successful execution of strategies to enhance product offerings, operational efficiency, and market reach. Favorable government policies supporting the textile sector and export promotion could also provide tailwinds.

The bear case highlights significant challenges such as intense competition leading to pricing pressures, volatility in raw material prices impacting margins, and the inherent susceptibility of the textile industry to fashion cycles and economic slowdowns. The ability to innovate, manage working capital effectively, and adapt to evolving consumer preferences will be crucial for sustainable performance. The company's future performance will depend on its ability to leverage its specialization in silk while mitigating sector-specific risks.

Parmeshwari SilkMill Share Price

Live · BSE · Inception: 1993
| |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Parmeshwari SilkMill Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 43 58 51 57 50 68 59 62 49 73
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 43 58 52 57 50 68 59 62 49 74
Total Expenditure 38 54 45 51 44 61 53 56 43 66
Operating Profit 4 5 6 6 6 7 7 7 5 7
Interest 2 2 3 1 2 2 1 1 2 2
Depreciation 1 1 1 2 1 1 3 2 1 1
Exceptional Income / Expenses -0 0 -0 0 -0 -0 -0 -0 -0 1
Profit Before Tax 2 2 2 2 3 4 3 3 2 5
Provision for Tax 0 1 1 1 1 1 1 1 0 1
Profit After Tax 1 2 2 2 2 3 2 3 2 3
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 2 2 2 2 3 2 3 2 3
Adjusted Earnings Per Share 4.5 5.1 5.4 6 6.9 9 6.9 8.3 5.7 10.4

Parmeshwari SilkMill Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 173 203 233 243
Other Income 0 1 0 0
Total Income 173 204 234 244
Total Expenditure 156 184 208 218
Operating Profit 17 20 26 26
Interest 7 8 10 6
Depreciation 3 4 4 7
Exceptional Income / Expenses -0 -0 -0 1
Profit Before Tax 7 8 12 13
Provision for Tax 2 2 3 3
Profit After Tax 6 6 9 10
Adjustments 0 0 0 0
Profit After Adjustments 6 6 9 10
Adjusted Earnings Per Share 18.4 20.1 28.8 31.3

Parmeshwari SilkMill Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 40 46 55
Minority's Interest 0 0 0
Borrowings 38 53 40
Other Non-Current Liabilities 4 5 5
Total Current Liabilities 80 108 126
Total Liabilities 162 212 225
Fixed Assets 40 55 61
Other Non-Current Assets 0 1 1
Total Current Assets 122 156 163
Total Assets 162 212 225

Parmeshwari SilkMill Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 4
Cash Flow from Operating Activities 8 -1 13
Cash Flow from Investing Activities -6 -19 -11
Cash Flow from Financing Activities -3 23 -6
Net Cash Inflow / Outflow -0 4 -4
Closing Cash & Cash Equivalent 0 4 0

Parmeshwari SilkMill Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 18.4 20.11 28.81
CEPS(Rs) 28.57 31.84 43.3
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 134.15 153.78 182.11
Core EBITDA Margin(%) 9.48 9.58 10.78
EBIT Margin(%) 7.98 8.07 9.02
Pre Tax Margin(%) 4.2 4.1 4.93
PAT Margin (%) 3.2 2.97 3.7
Cash Profit Margin (%) 4.97 4.7 5.57
ROA(%) 3.41 3.23 3.96
ROE(%) 13.72 13.97 17.15
ROCE(%) 10.56 11.03 12.17
Receivable days 105.53 101.3 100.04
Inventory Days 109.38 109.29 120.5
Payable days 122.91 144.97 146.26
PER(x) 0 0 0.52
Price/Book(x) 0 0 0.08
Dividend Yield(%) 0 0 0
EV/Net Sales(x) 0.54 0.59 0.55
EV/Core EBITDA(x) 5.52 6.01 5.02
Net Sales Growth(%) 0 17.87 14.74
EBIT Growth(%) 0 19.23 28.36
PAT Growth(%) 0 9.28 43.27
EPS Growth(%) 0 9.28 43.27
Debt/Equity(x) 2.24 2.63 2.27
Current Ratio(x) 1.51 1.44 1.3
Quick Ratio(x) 0.87 0.8 0.63
Interest Cover(x) 2.11 2.03 2.2
Total Debt/Mcap(x) 0 0 27.58

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +15%
Operating Profit CAGR +30%
PAT CAGR +50%
Share Price CAGR +323%
ROE Average +17% +15% +15% +15%
ROCE Average +12% +11% +11% +11%

Parmeshwari SilkMill Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 60.17 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 39.83 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 60.1760.1760.1760.1760.1760.1760.1760.1760.1760.17
FII 0000000000
DII 0000000000
Public 39.8339.8339.8339.8339.8339.8339.8339.8339.8339.83
Others 0000000000
Total 100100100100100100100100100100

Parmeshwari SilkMill Peer Comparison

Parmeshwari SilkMill Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Parmeshwari SilkMill Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Company has reduced debt.

Cons

  • Debtor days have increased from 144.97 to 146.26days.
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