Paragon Fine and Speciality Chemical (NSE:PARAGON) Shares Outstanding (Basic Average): 20 Mil (As of Mar. 2026)

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NSE:PARAGON Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
56 GF Score
Price ₹48.60
GF Value ₹109.84
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Paragon Fine and Speciality Chemical Shares Outstanding (Basic Average)?

Paragon Fine and Speciality Chemical NSE:PARAGON -2.61% 56 Shares Outstanding (Basic Average) is 20 Mil as of Mar. 2026. GuruFocus rates NSE:PARAGON with a GF Score™ of 56/100 and a GF Value™ of ₹109.84 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Paragon Fine and Speciality Chemical's average basic shares outstanding for the quarter that ended in Mar. 2026 was 20 Mil.


Paragon Fine and Speciality Chemical  (NSE:PARAGON) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Paragon Fine and Speciality Chemical Shares Outstanding (Basic Average) Related Terms


Paragon Fine and Speciality Chemical Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Paragon Fine and Speciality Chemical's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paragon Fine and Speciality Chemical Shares Outstanding (Basic Average) Chart

Paragon Fine and Speciality Chemical Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 19.57 19.57 16.52 19.60 19.58

Paragon Fine and Speciality Chemical Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 16.52 19.60 19.60 19.51 19.55
NSE:PARAGON
56GF Score
Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Paragon Fine and Speciality Chemical Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 20 Mil mean?
Paragon Fine and Speciality Chemical (NSE:PARAGON) has a Shares Outstanding (Basic Average) of 20 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Paragon Fine and Speciality Chemical and its competitors.
Is Paragon Fine and Speciality Chemical's Shares Outstanding (Basic Average) too high?
Paragon Fine and Speciality Chemical's current Shares Outstanding (Basic Average) is 20 Mil. Overall, Paragon Fine and Speciality Chemical has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Fine and Speciality Chemical's Shares Outstanding (Basic Average) compare to LIN and SHW?
Paragon Fine and Speciality Chemical's Shares Outstanding (Basic Average) of 20 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Paragon Fine and Speciality Chemical and its competitors. Paragon Fine and Speciality Chemical's current Shares Outstanding (Basic Average) is 20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Fine and Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical (NSE:PARAGON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹109.84, compared to a current price of ₹48.60 — trading 55.8% below its estimated fair value. The current Shares Outstanding (Basic Average) is 20 Mil. Paragon Fine and Speciality Chemical's overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Paragon Fine and Speciality Chemical (NSE:PARAGON), the current Shares Outstanding (Basic Average) is 20 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paragon Fine and Speciality Chemical (NSE:PARAGON) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical stock appears to be undervalued. The current stock price of ₹48.60 is trading 55.8% below its estimated GF Value™ of ₹109.84. GuruFocus considers Paragon Fine and Speciality Chemical to be Significantly Undervalued.

Key valuation signals for NSE:PARAGON:

  • Shares Outstanding (Basic Average): 20 Mil
  • GF Value™: ₹109.84 vs. price of ₹48.60 (55.8% below fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the NSE:PARAGON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paragon Fine and Speciality Chemical Business Description

Address S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054
Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse types of products find applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
56GF Score

Get the complete analysis for NSE:PARAGON

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.60
Price
₹109.84
GF Value