One thing that I am not sure about is the operating margins, They vary a lot and this needs to be considered before making any projections just based on the revenue.
Dynamic cables in their concall had guided for a stable 8-10% margins since they pass over the raw material price changes over to the customer ( hence the premium in valuation compared to paramount I think)
Paramount management did clarify that they don’t take long term delivery dates to control the raw material aspect but then the export revenue did suffer because of raw material cost too.
I have taken position here as I feel it is still a strong candidate for p/e re-rating.
Another company with still decent valuation is universal cables ( they don’t have con-calls so you will have to go only by management disccussion and analysis part in AR)