Paragon Finance Share Price

Overview 

Paragon Finance Limited, with its corporate operations in Kolkata, functions as a non-banking financial company engaged in providing loans and making investments in shares and securities. Paragon Finance offers a range of financial services including loans against hypothecation of vehicles, investments in equity markets, mutual funds, and trading in derivatives. Paragon Finance share price on NSE and BSE signifies how market participants react to the company‘s operational performance and the overall developments in the NBFC sector. The company’s financial health depends on its vehicle financing portfolio performance, investment income from equity and mutual fund holdings, interest income generation, asset quality metrics, and the performance of its various business segments spanning automobile finance and investment activities. 

Paragon Finance stock price is influenced by various factors such as earnings from financing operations, fluctuations in the broader financial services sector, regulatory changes introduced by the Reserve Bank of India for NBFCs, and prevailing interest rate movements. In the longer run, strategies such as expanding the loan portfolio, improving asset quality, and deepening client relationships affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company‘s stock price movements. 

Paragon Finance live share price provides real time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Paragon Finance live price helps in observing short term price volatility and shows how a stock moves relative to the broader BSE Finance index. 

Furthermore, monitoring Paragon Finance stock price movements helps investors understand real time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short term performance, and respond to news, quarterly results, or sector trends that may influence the company‘s valuation and overall investment outlook. Paragon Finance live price remains an important reference point for market participants tracking this small-cap NBFC. 

Paragon Finance Limited Company Fundamentals 

A. Company Background

Paragon Finance Limited was incorporated in 1986 and is engaged in the business of providing loans and making investments in shares and securities. The company operates as a non-banking financial company (NBFC) and has its corporate operations based in Kolkata, West Bengal. The company provides loans against hypothecation of vehicles, makes investments in equity markets and mutual funds, and also engages in trading in derivatives. The company operates in areas such as automobile finance, shares, inter corporate deposits (ICD), real estate and commodity market. Paragon Finance Limited stepped into the finance market on July 21, 1986, by the initiative of Late Shri Radhey Shyam Gupta at Kolkata with Mr. Aloke Gupta and Mr. Manoj Gupta as the First Directors. Initially formed as “Paragon Finance and Plywood Industries Limited”, the name of the Company was changed to “Paragon Finance Limited” on August 16, 1993. The Company came out with its Public Issue in the year 1995 and was listed on the Bombay Stock Exchange. The company’s subsidiary includes Olympia Credits & Mercantile Limited, whose principal product includes investment and finance. 

B. Company Product Lines

• Vehicle Financing: Provides loans against hypothecation of heavy commercial vehicles, primarily operating in the eastern region of India.
• Investment Services: Makes investments in equity shares, mutual funds, and engages in trading in derivatives.
• Corporate Finance: Provides finance to business concerns, individuals and companies through inter corporate deposits (ICD) and other financing arrangements.
• Real Estate and Commodity: Operates in real estate and commodity market segments as part of its diversified financial services portfolio.

C. Company Revenue Model

• Interest Income: Revenue generated from financing activities including loans against vehicles and other lending operations.
• Investment Income: Returns from investments in equity shares, mutual funds, and other securities.
• Trading Income: Revenue from trading in derivatives and other financial instruments.
• Fee-Based Income: Income from processing fees and other service charges on financing activities.

D. Geographic Presence

• Corporate Headquarters: Primary administrative and management functions based in Kolkata, West Bengal, India.
• Operational Areas: Service delivery operations across Jharkhand, Bihar, West Bengal and Bangalore, covering both cities and outskirts.
• Client Base: Serves customers across eastern and southern regions of India with a focus on vehicle financing.

E. Key Milestones

• 1986 – Incorporation: Paragon Finance Limited was incorporated as a non-banking financial company.
• 1993 – Name Change: The company changed its name from “Paragon Finance and Plywood Industries Limited” to “Paragon Finance Limited”.
• 1995 – Public Issue and Listing: The Company came out with its Public Issue and was listed on the Bombay Stock Exchange.
• 2024 – Financial Performance: The company reported total revenue of approximately ₹3.54 crore for the fiscal year.
• 2025 – Operational Review: Income from operations for FY2024-25 was Rs.279.85 Lakhs as compared to Rs.363.24 Lakhs in FY2023-24.
• 2026 – Annual Results: The company reported revenue of INR 12.87 million for the full year ended March 31, 2026.

F. Industry Perspective

The NBFC sector in India plays a crucial role in extending credit to underserved segments and complementing the banking system. The Indian NBFC sector has demonstrated resilience and growth, with the total assets of NBFCs in India reaching approximately ₹50 lakh crore as of FY2024, growing at a CAGR of around 10-12% over the past five years. The sector’s contribution to total credit in India stands at approximately 15-18%, with vehicle financing being one of the largest segments within the NBFC landscape. The commercial vehicle financing market in India is estimated to be worth around ₹2.5-3 lakh crore, with NBFCs accounting for nearly 40-45% of this market. The overall Indian financial services market is projected to grow from approximately US$750 billion in 2025 to over US$1.2 trillion by 2030, registering a CAGR of approximately 9-10%. The NBFC sector is expected to maintain a growth rate of 12-14% over the next five years, driven by increasing demand for vehicle financing, MSME lending, and consumer credit. The penetration of vehicle financing in India remains low at approximately 30-35% for commercial vehicles, compared to developed markets where penetration exceeds 70-80%, indicating significant growth potential. Digital transformation in the NBFC sector is accelerating, with digital lending expected to grow at a CAGR of 25-30% over the next five years. However, the sector faces challenges including regulatory compliance costs, rising competition from fintech companies, asset quality pressures, and access to affordable funding. The Reserve Bank of India’s regulatory framework for NBFCs continues to evolve, with increased focus on governance, capital adequacy, and risk management. The scale-down in operations has been observed across the sector, impacting smaller NBFCs like Paragon Finance. Non-performing assets in the vehicle financing segment have shown improvement, with gross NPAs declining from approximately 6-7% to 4-5% over the past three years, although challenges remain for smaller players. 

Paragon Finance Limited Stock Market Presence: Listings & Index Representation 

Paragon Finance Limited is listed on the Bombay Stock Exchange (BSE) under the scrip code 531255. The company does not have a listing on the National Stock Exchange (NSE). Paragon Finance share price is actively traded on the BSE, making it a closely followed small-cap financial services stock in India. The company has established a presence in the Indian equity market, with Paragon Finance share price frequently monitored by retail investors seeking exposure to the NBFC and vehicle financing sector. 

As a small-cap NBFC company, Paragon Finance Limited is included in several BSE indices, including the BSE Finance Index and BSE Small Cap Index. Paragon Finance stock price carries modest weight in these indices, reflecting the company’s position within the Indian NBFC sector. Investors often track Paragon Finance share price alongside major benchmark indices to evaluate the company’s performance relative to its peers and the broader market. 

The company’s index representation enhances its visibility among domestic investors, including retail investors and high-net-worth individuals. Owing to its niche focus on vehicle financing in eastern India, Paragon Finance Limited is recognised as a regional player in the NBFC industry. Paragon Finance share price remains a component in diversified small-cap portfolios, while movements in the company’s share value are often viewed as an indicator of trends within the regional vehicle financing segment. The company’s market capitalisation was approximately ₹21-22 crore as of July 2026. 

Paragon Finance Limited Stock Performance and Share Price History 

Paragon Finance share price on the BSE reflects the company’s position as a regional NBFC focused on vehicle financing and investment activities. The performance of Paragon Finance stock price is primarily influenced by loan portfolio growth, asset quality, interest income generation, investment returns, regulatory changes, and overall economic conditions in the eastern region of India. Investors closely monitor Paragon Finance share price alongside other small-cap NBFCs to assess the sector’s relative performance and valuation. Earnings announcements, management commentary and macroeconomic developments continue to influence Paragon Finance share price across different market cycles. 

Investors closely monitor the Paragon Finance stock price to evaluate the company’s competitive position within the Indian NBFC sector and compare its performance with other small-cap financial services companies. Earnings announcements, regulatory changes, and broader financial sector developments remain key factors influencing investor expectations. 

Corporate initiatives, including expansion of the vehicle financing portfolio and diversification of investment activities, have also shaped expectations surrounding Paragon Finance share price. Although these strategic initiatives strengthen the company’s long-term outlook, they may trigger short-term volatility depending on client demand and economic conditions. The Paragon Finance stock price is also influenced by factors such as interest rate movements, asset quality trends, and the pace of economic activity in the regions where the company operates. Strong loan growth and consistent asset quality often support the company’s valuation over the long term. 

While day-to-day movements are generally driven by news flow and quarterly earnings, long-term valuation is better assessed through annual highs and lows, which reflect changes in financing demand, earnings visibility, and overall business performance. As a result, Paragon Finance stock price continues to be closely tracked by domestic investors seeking exposure to India’s NBFC sector. 

As of mid-2026, Paragon Finance share price trades around ₹46-51, compared with its 52-week high of ₹70-72, while the 52-week low stands at approximately ₹37-40, indicating a significant correction from the peak. This decline mirrors the broader weakness witnessed across small-cap NBFC stocks amid challenging economic conditions and regulatory pressures. Despite the correction, Paragon Finance share price continues to exhibit volatility typical of small-cap stocks because of the company’s limited liquidity and focused business model. 

The company’s revenue performance remains closely linked to vehicle financing demand and investment income. Strong commercial vehicle sales and economic activity have historically supported Paragon Finance share price, whereas slower client decision-making, reduced financing demand and asset quality pressures have resulted in periods of consolidation. In addition, higher operating costs and slower income growth have periodically weighed on Paragon Finance share price. 

Paragon Finance stock price also responds to broader market sentiment, quarterly earnings and management commentary. Historically, Paragon Finance stock price has remained sensitive to RBI regulatory changes for NBFCs, interest rate movements and overall economic conditions. Changes in investor sentiment, lower financing demand and margin compression have periodically affected Paragon Finance stock price, while continued focus on vehicle financing and investment income remain important long-term drivers for Paragon Finance stock price. 

Examining the long-term trend, Paragon Finance share price has delivered mixed performance with periods of significant volatility. Based on annual performance data, Paragon Finance share price showed a decline of 24.2% in 2019. The stock recovered strongly in 2020 with a gain of 27.2%, followed by an 18.9% return in 2021. In 2022, Paragon Finance share price delivered an impressive 22.8% return, and the momentum continued with a remarkable 106.5% surge in 2023. The stock gained 34.1% in 2024. However, the momentum reversed sharply in 2025, with Paragon Finance share price declining 25.1%. Year-to-date 2026, the stock has shown modest gains of approximately 3.3%. Over the 2016-2025 period, Paragon Finance share price generated an approximate CAGR of 1.9% and cumulative returns of around 20.8% over ten years, highlighting the volatile nature of the stock with periods of significant outperformance followed by sharp corrections. 

From a seasonality perspective, Paragon Finance share price has generally performed better during periods of strong economic activity and commercial vehicle demand. Historical data indicates that Paragon Finance share price has typically delivered stronger annual returns following periods of robust vehicle sales and economic growth, while returns moderated during years characterised by slower economic activity and regulatory tightening. 

Performance analysis shows that Paragon Finance share price generally benefits from a growing economy and strong commercial vehicle sales, as these factors drive demand for vehicle financing. Conversely, rising interest rates, regulatory pressures and asset quality deterioration can compress margins and influence investor sentiment. During the ongoing correction, Paragon Finance share price has retreated from its 52-week high of around ₹70 to approximately ₹46-51, while remaining above the 52-week low of approximately ₹37, reflecting a substantial valuation reset. Nevertheless, the company’s focused business model in regional vehicle financing continues to support its long-term investment profile. 

Over the last 10 years, Paragon Finance has delivered a cumulative return of 20.8%, significantly underperforming the BSE Finance index (12.2%) and the BSE Small Cap index over the same period. This long-term performance indicates that while the company has remained a regional player in the NBFC industry, Paragon Finance share price has generated relatively lower returns than broader equity benchmarks and the financial sector over the past decade. 

The underperformance has also been evident across shorter investment horizons. Paragon Finance stock price declined 14.7% over the past year, compared with the BSE Finance index which declined 0.4%. Over the three-year period, the stock delivered returns of 9.7%, while the BSE Finance index returned 10.2%. Over the five-year period, the stock gained 22.3%, outperforming the BSE Finance index’s 10.3% return. These figures highlight the mixed performance of Paragon Finance share price compared with its peers and the overall market. 

Despite the longer-term underperformance, recent trading activity has shown signs of renewed strength. Paragon Finance stock price gained 4.5% over the past month. Although the stock declined 2.3% over the past three months and 14.7% over the past year, the recent recovery suggests improving near-term momentum. Investors continue to monitor Paragon Finance share price closely to assess whether this short-term recovery can be sustained amid evolving demand for vehicle financing, corporate earnings performance, and overall economic conditions. 

Paragon Finance share price has delivered mixed long-term returns with significant volatility. As of July 2026, Paragon Finance stock price gained 20.8% over 10 years, but underperformed BSE Finance (+12.2%) over the same period. Over five years, the stock gained 22.3%, outperforming the BSE Finance index’s 10.3% return. Three-year returns stood at 9.7%, slightly underperforming the BSE Finance index’s 10.2% return. 

In the short term, Paragon Finance share price gained 3.3% year-to-date, with a 4.5% gain over one month. However, the stock remained under pressure over shorter periods, declining 2.3% in three months and 14.7% over one year. The Paragon Finance share price analysis shows a mixed seasonal pattern. The five-year average annual return stands at approximately 22.3% over 5 years, though with significant annual volatility ranging from -25.1% to +106.5%. 

Among the last 8 calendar years (2019-2026), Paragon Finance recorded its strongest annual return in 2023 (+106.5%), followed by 2024 (+34.1%), while the weakest performances came in 2019 (-24.2%) and 2025 (-25.1%). Positive years such as 2020 (+27.2%), 2021 (+18.9%), and 2022 (+22.8%) were offset by declines in 2019 (-24.2%) and the subsequent correction in 2025 (-25.1%). 

A deeper analysis shows that Paragon Finance closed at approximately ₹51.60 as of July 2026. Over the past decade, the stock has traded within a wide range of ₹1.00 to ₹99.60, leaving it significantly below its all-time high while remaining well above its all-time low. During the past year, Paragon Finance touched a high of ₹70 and a low of approximately ₹37, illustrating the sharp correction experienced in recent quarters despite the stock’s long-term positive return profile. 

Paragon Finance Limited Investor Relevance and Role in Portfolio 

Paragon Finance Limited is a niche holding in small-cap and NBFC sector portfolios, providing investors with exposure to vehicle financing services, investment activities, and regional financial services. Paragon Finance share price is closely followed by market participants seeking exposure to India’s NBFC sector, as the company remains a regional player in vehicle financing with a focused business model. 

The company’s inclusion in small-cap indices, including the BSE Small Cap Index and BSE Finance Index, reinforces its significance within India’s NBFC ecosystem. Paragon Finance stock price is primarily tracked by domestic retail investors and high-net-worth individuals because of its small market capitalisation, limited liquidity, and focused presence in small-cap portfolios. 

In addition, the company’s modest balance sheet, consistent operations, and established presence in regional vehicle financing make it a niche constituent in diversified small-cap equity portfolios. Consequently, Paragon Finance stock price remains an important indicator for investors assessing trends in the Indian NBFC sector and the regional vehicle financing industry. 

Paragon Finance share price is influenced by the company’s ownership structure. The company’s equity is held by a broad mix of promoters and retail investors, reflecting its standing in India’s NBFC sector. Promoters hold a stable majority stake of 72.48%, reflecting strong internal control with no shares pledged. Foreign institutional investors (FII) hold 0%, and domestic institutional investors (DII) hold 0%. The public and other investors hold the remaining 27.52%. The company’s management includes Sanjay Kumar Gupta as Chairman. This investor base, with stable promoter participation, underscores the company’s role as a holding in both domestic portfolios concentrating on NBFC and financial services. 

Beyond fundamentals and ownership, Paragon Finance share price is actively monitored in the cash market segment, where trading volumes and delivery patterns reflect expectations on vehicle financing demand, interest rates, and regulatory policy actions. Paragon Finance stock price is available for trading on the BSE, allowing investors to take positions based on their outlook for the NBFC sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. 

Technical indicators provide additional insight into short term momentum shifts in Paragon Finance share price. While these indicators are primarily used for near term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader NBFC sector trends. 

Based on available data, the stock’s beta indicates moderate volatility compared to the broader market. For the long-term range (monthly tick over 4 years, with BSE Small Cap as base), the beta is approximately 0.95, the mean is 52.50, and the standard deviation is 5.60. For the daily one month range, the beta is 1.20, the mean is 50.80, and the standard deviation is 2.10. For the daily three month range, the beta is 1.15, the mean is 51.20, and the standard deviation is 2.30. For the weekly one year range, the beta is 1.10, the mean is 53.40, and the standard deviation is 3.10. For the weekly two year range, the beta is 1.05, the mean is 55.60, and the standard deviation is 3.40. For the 2 week two year range, the beta is 1.08, the mean is 54.80, and the standard deviation is 4.20. For the monthly two year range, the beta is 1.12, the mean is 53.90, and the standard deviation is 5.80. The company has a low debt-to-equity ratio of approximately 0.02-0.05, reflecting a conservative capital structure with manageable leverage. 

Overall, Paragon Finance demonstrates a moderate volatility profile compared to the broader market, with the stock generally considered to have stable systematic risk for a small-cap company. This makes it somewhat sensitive to broader market movements, though it remains exposed to sector specific factors such as vehicle financing demand, interest rate movements, and regional economic conditions. 

Paragon Finance Limited Sectoral Relevance and Peer Positioning 

Paragon Finance Limited sector relevance stems from its nearly four-decade presence in the NBFC industry, its focus on vehicle financing in the eastern region of India, and its role as a regional player in the financial services sector. Peer comparisons with companies like Muthoot Finance, Manappuram Finance, Cholamandalam Investment and Finance, Shriram Transport Finance, and Mahindra & Mahindra Financial Services focus on loan portfolio growth, asset quality, interest margins, and operational efficiency rather than short term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of vehicle financing trends, interest rate movements, and regulatory policies further highlights Paragon Finance positioning within the broader Indian NBFC market. 

Paragon Finance market cap highlights its position as a small-cap player within the NBFC sector. The company’s market capitalization has moved in line with investor perceptions of the company’s growth potential following its strategic focus on vehicle financing and investment activities. Examining Paragon Finance year-end market capitalization over the past decade reveals a pattern of modest growth punctuated by periodic corrections. In 2016, the market cap stood at approximately ₹8-9 crore, before rising steadily to ₹10.75 crore in 2022, ₹8.75 crore in 2021, and ₹20.59 crore in March 2026. A significant surge occurred in 2024, pushing the market cap to ₹21 crore. However, the market cap has experienced fluctuations, with the current market cap at approximately ₹21-22 crore. Over this ten-year period, Paragon Finance’s market cap has experienced a compound annual growth rate of approximately 10.5%, reflecting the company’s ability to create some shareholder value despite recent headwinds. 

Paragon Finance earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core vehicle financing and investment business. The company’s revenue from operations decreased from the previous fiscal year to the most recent fiscal year, affected by challenging economic conditions and reduced financing demand. Total income declined over the same period. Paragon Finance earnings, measured by profit after tax, have demonstrated mixed performance over the past decade. In fiscal year 2017, the company reported net profit of approximately ₹2 crore, which fluctuated to ₹1-2 crore in subsequent years. The company reported net profit of ₹0.31 crore in FY2025. Profit attributable to shareholders declined from ₹0.86 crore in FY2024 to ₹0.31 crore in FY2025. For the full year ended March 31, 2026, the company reported a net loss of INR 11.12 million compared to net income of INR 3.15 million a year ago. Over the past decade, Paragon Finance earnings have been volatile, with significant fluctuations driven by changing economic conditions, regulatory changes, and evolving client demand. Recent quarters, however, have shown signs of moderation as economic pressures and competition have impacted earnings. 

Paragon Finance EPS reflects its operational performance and ability to generate consistent profits from its vehicle financing and investment business. Basic EPS has shown mixed performance, fluctuating from ₹4.16 in 2017 to ₹4.88 in 2018, declining to ₹2.61 in 2019, recovering to ₹3.71 in 2020, before dropping significantly to ₹0.70 in 2021. EPS improved to ₹1.60 in 2022, turned negative at ₹-0.31 in 2023, recovered to ₹2.02 in 2024, and declined to ₹0.74 in 2025. For FY2026, the company reported a basic loss per share of INR 2.62. Over the past decade, EPS has experienced significant volatility, reflecting the company’s fluctuating profitability and challenging operating environment in the NBFC sector. 

Paragon Finance P/E ratio reflects investor expectations of the company’s earnings growth and future prospects. The ratio has fluctuated over the years in response to changing market sentiment, industry conditions, and business performance. It increased from 25.4 in 2021 to 66.06 in 2024, and further to 66.1 in 2025. The current trailing P/E ratio is not available as the company reported negative TTM earnings. The recent decline in valuation reflects the correction in Paragon Finance’s share price from its record highs and evolving investor expectations amid challenging economic conditions and shifting industry dynamics, despite the company’s continued focus on vehicle financing operations. 

Summary 

Paragon Finance Limited operates as a regional NBFC with a focused presence in vehicle financing and investment activities. The company’s modest scale and niche positioning make it a specialised player in the Indian financial services landscape. Paragon Finance share price reflects the company’s operational performance and the broader trends affecting the NBFC sector. Paragon Finance stock price movements are influenced by factors including vehicle financing demand, interest rate movements, and regulatory changes. The company’s concentrated promoter holding and small-cap status contribute to its distinct market character.