Parmeshwari Silk Mills Ltd

Parmeshwari Silk Mills Ltd (PARMSILK) is a micro-cap Textiles company valued at ₹89 crore operating in Textile Processing on the NSE and BSE.

Recent price move

Parmeshwari Silk Mills Ltd last traded at ₹296.1, unchanged on the day.

Recent developments

On 2026-09-30, the promoter holding was recorded at 60.17%, showing no change in ownership. The company's debt to equity ratio remains at 2.16, indicating a highly leveraged position. The latest quarter results showed a slight decline in revenue, but net profit remained stable.

Financial performance

The company's business has improved, with annual revenue rising 6.7% and net profit growing 15.3% year-on-year. However, the latest quarter showed revenue fell 1.3% compared to the same quarter a year earlier, while net profit was flat. The net profit margin increased by 0.3 percentage points to 4.0%, but return on equity remained at 0.0%.

Valuation multiples

The stock trades at 14.6 times earnings, 1.51 times book value.

Things to watch

The company has a high debt to equity ratio of 2.16, which indicates a highly leveraged position. The stock is 37.3% below its 52-week high, showing a significant drop from recent peak levels. The return on equity remains at 0.0%, suggesting poor profitability relative to shareholders' equity.

Where it stands

Parmeshwari Silk Mills Ltd has shown growth in annual revenue and net profit, but the latest quarter results indicate a slight decline in revenue. The company's high debt to equity ratio and low return on equity highlight underlying financial risks. The stock is currently 37.3% below its 52-week high, reflecting a significant drop from recent levels.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.