# Parmeshwar Metal H1FY27 Net Profit Rises 159.7% to ₹2,347.11 Lakh on 68.6% Revenue Growth > Parmeshwar Metal's H1FY27 net profit rose 159.7% to ₹2,347.11 lakh as revenue grew 68.6%, while operating cash flow turned negative on working capital buildup. - Published: 2026-11-06T06:49:32+00:00 - Section: Earnings & Results - Author: News Desk - URL: https://newsforagent.com/news/2026-11-06/parmeshwar-metal-h1fy27-profit-surge - Source: [ScanX](https://scanx.trade/stock-market-news/companies/parmeshwar-metal-q2fy27-results-net-profit-up-160-yoy-23-crore/55492099) ## Key takeaways - Parmeshwar Metal's net profit for the half-year ended September 30, 2026, rose 159.7% year on year to ₹2,347.11 lakh. - Revenue from operations grew 68.6% to ₹1,42,509.33 lakh from ₹84,523.78 lakh a year earlier. - Operating cash flow turned negative at ₹406.58 lakh as trade receivables rose by ₹2,626.23 lakh and inventories by ₹1,818.35 lakh. [Parmeshwar Metal](https://akta.pro/company-profiles/0004ij3/parmeshwar-metal) reported a 159.7% year-on-year rise in net profit to ₹2,347.11 lakh for the half-year ended September 30, 2026, [ScanX](https://scanx.trade/stock-market-news/companies/parmeshwar-metal-q2fy27-results-net-profit-up-160-yoy-23-crore/55492099) reported. Revenue from operations grew 68.6% to ₹1,42,509.33 lakh from ₹84,523.78 lakh in the same period last year. The company makes ASTM B49-compliant electrolytic tough-pitch copper rods at a facility in Dahegam, Gujarat, and is listed on the BSE under ticker 544330. ## Parmeshwar Metal's H1FY27 Profit and Revenue Profit before tax more than doubled to ₹3,136.51 lakh from ₹1,201.73 lakh, a 161.0% increase. Basic earnings per share rose to ₹14.54 from ₹5.90. Cost of materials consumed increased 66.7% to ₹1,38,859.74 lakh, a slower pace than revenue growth, while finance costs declined to ₹42.58 lakh from ₹58.42 lakh. Cash flow from operating activities turned negative at ₹406.58 lakh for H1FY27, compared with a positive ₹272.61 lakh in H1FY26. Trade receivables rose by ₹2,626.23 lakh and inventories by ₹1,818.35 lakh during the period. Trade receivables stood at ₹5,610.75 lakh on September 30, 2026, up from ₹2,984.51 lakh at March 31, 2026, and inventories rose to ₹5,593.03 lakh from ₹3,774.69 lakh. Total assets stood at ₹1,675.82 crore as of September 30, 2026, up from ₹1,396.04 crore at March 31, 2026. Cash and cash equivalents improved to ₹939.21 lakh from ₹218.46 lakh, which ScanX attributed largely to redemption of mutual funds rather than operational cash flow. The board approved the unaudited results at its meeting on November 6, 2026, and statutory auditors Shah & Shah Chartered Accountants conducted a limited review. ## Parmeshwar Metal's Dahegam Copper Rod Operations According to akta.pro [company records](https://akta.pro/company-data), Parmeshwar Metal was incorporated in 2017 and produces copper wire rods for automotive, electrical and power, and construction customers in Gujarat and other Indian states. The same records describe a single integrated production facility in Dahegam built with CCR Technology, with key personnel trained at KoreaTX. The company converted from a private limited company to a public limited company in 2017, enabling its BSE listing. ## Parmeshwar Metal's Dividend and Subsidiary Moves Parmeshwar Metal's 10th AGM on September 19, 2026, declared a final dividend of ₹1.25 per share for FY26 and adopted audited financial statements, ScanX reported. The meeting also re-appointed Chairman Piyush G. Shah and approved cost auditor remuneration and related-party transactions. On August 17, 2026, the company incorporated Parmeshwar Copperx Private Limited in Gujarat to manufacture copper extrusion products, holding a 51% stake with authorized capital of ₹10,00,000, ScanX reported. ## Parmeshwar Metal's GST Demand Appeal In June 2026, Parmeshwar Metal received a GST order confirming a tax demand of Rs 1.35 crore plus interest and penalty over alleged inadmissible Input Tax Credit, according to akta.pro company records. The company has stated it will appeal and does not expect a material financial impact. ## Companies in this story - [Parmeshwar Metal company profile](https://akta.pro/company-profiles/0004ij3/parmeshwar-metal) · website: https://www.parmeshwarmetal.com --- News for Agent · https://newsforagent.com/llms.txt