Paragon Fine Peer Comparison

NSE: PARAGON

₹50.50

₹-0.10 (-0.20%)

As on 28-Sep-2026IST

Market cap

₹99 Cr

Revenue (TTM)

₹110 Cr

P/E Ratio

10.9

P/B Ratio

1

Div. Yield

0 %

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	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Market cap (₹ Cr)	99	23,032	21,155	17,279	15,696
Revenue (₹ Cr)	110	1,224	8,575	9,013	2,472
Net Profit (₹ Cr)	9.05	235.19	783.41	531.00	442.47
Net Margin (%)	8.16	18.79	9.08	5.88	17.20
RoE (%)	9.63	10.03	13.96	8.95	17.04
Price to Earnings	10.92	97.93	27.01	32.54	35.83
Price-To-Book	1.00	9.16	3.42	2.83	5.60

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Operating Revenue	109.98	1,160.14	7,887.07	8,286.10	2,365.80
Total Income	110.89	1,181.07	7,946.94	8,347.25	2,483.25
Total Expenditure	97.22	796.51	6,903.20	7,174.82	1,883.62
EBITDA	12.77	363.64	983.87	1,111.28	482.18
Depreciation	1.37	66.42	224.64	474.14	56.41
EBIT	11.39	297.22	759.23	637.14	425.77
Interest	0.15	18.09	49.17	339.93	4.12
Other Income	0.90	20.93	59.87	61.15	117.45
Exceptional Items	--	-8.98	-12.84	6.47	6.98
Profit before Tax	12.15	291.09	757.09	364.83	542.94
Provision for Tax	3.10	71.62	206.43	-54.35	125.86
Profit after Tax	9.05	219.46	550.66	419.18	417.07

Liabilities (₹ Cr)

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Shareholder's Funds	98.44	2,455.89	5,836.83	5,955.17	2,664.52
Minority Interest	--	--	32.45	0.10	--
Non-Current Liabilities	1.72	88.20	1,505.33	2,001.28	26.09
Current Liabilities	8.13	657.34	1,278.74	5,039.27	273.37
Total Liabilities	108.29	3,201.43	8,653.35	13,300.23	2,998.81

Assets (₹ Cr)

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Non-Current Assets	28.11	2,029.95	5,583.97	8,808.49	643.79
Current Assets	80.18	1,171.47	3,069.38	4,187.33	2,320.20
Total Assets	108.29	3,201.43	8,653.35	13,300.23	2,998.81
Total Debt*	1.15	441.66	1,527.82	4,921.00	44.80
Net Current Assets	72.05	514.14	1,790.64	-851.94	2,046.82
Contingent Liabilities	1.22	18.84	0.53	603.03	8.86

Cashflow (₹ Cr)

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Cash From Operating Activities	4.66	142.38	538.95	780.80	429.60
Cash Flow from Investing Activities	0.17	-619.38	-668.65	-1,142.10	-409.19
Cash from Financing Activities	-2.42	243.86	193.35	744.64	-0.22
Net Cash Inflow / Outflow	2.42	-233.14	63.65	383.34	20.20

Ratios

Profitability Ratios

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
ROCE (%)	12.78	11.65	11.58	6.95	21.86
ROE (%)	9.63	9.40	9.81	7.27	16.82
ROA (%)	8.52	7.51	6.73	3.51	15.30
EBIT Margin (%)	12.43	33.15	13.23	14.15	25.35
Net Margin (%)	8.16	18.58	6.93	5.02	16.80
Cash Profit Margin (%)	9.47	24.64	9.76	9.87	19.91

Growth Ratios

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Revenue Growth (%)	-5.27	38.33	-4.77	13.99	4.26
EBIT Growth (%)	43.40	35.98	-11.47	15.55	-1.78
Net Profit Growth (%)	52.85	38.53	-21.04	26.67	1.60
EPS Growth (%)	52.85	38.44	-21.04	26.63	1.60
Book Value Growth (%)	10.12	10.33	8.32	6.17	16.09

Valuation Ratios

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Price / Earnings	7.70	66.18	31.90	34.51	29.02
Price / Book Value	0.71	5.93	3.01	2.43	4.54
Dividend Yield (%)	0.00	0.00	0.58	0.25	0.28
EV/EBITDA	4.99	38.90	18.03	16.01	17.84
Market Cap (₹ Cr)	69.65	14,525.20	17,560.56	14,462.56	12,102.95

Solvency Ratios

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Debt to Equity	0.01	0.18	0.26	0.83	0.02
Short term debt to equity ratio	--	0.18	0.06	0.42	--
Current Ratio	9.86	1.78	2.40	0.83	8.49
Quick Ratio	6.36	0.96	1.73	0.49	7.02
Interest Coverage	82.37	17.09	16.40	2.07	132.66

Operating Efficiency Ratios

	Paragon Fine	Aether	Deepak Nitrite	Aarti	Fine Organic
Debtors to sales (%)	38.71	33.62	19.09	16.93	14.84
Asset Turnover	1.04	0.40	0.97	0.76	0.87
Receivable days	135.95	106.76	63.85	44.15	52.55
Inventory Days	94.95	146.98	41.09	64.26	58.75
Payable days	39.10	103.88	35.00	114.44	43.77
Cash Conversion Cycle	191.81	149.86	69.94	-6.03	67.52

Annual
Quarterly