PARAS DEF AND SPCE TECH L·DEFENCE 76.38AEROSPACE 85.60·Aerospace & Defense Companies

2026-08-21 NSE BSE Web 10%L-ASM-I

Price

1,499.6

-0.16%
O:1505.4
H:1585
L:1482.2
C:1499.6

52W Range

580.51585
+158%/-5%

Market Cap

₹12,084.88 Cr

Traded: ₹358.18 Cr (2.96%) 0.0x

Free Float: ₹3,939.67 Cr (9.09% of FF traded)

Volume · 60D trend

23.39 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+19% 3M:+6% 6M:+85% 12M:+125%

Valuation

P/E128.0
P/B16.7
P/S23.6
EV/EBIT61.9

Business Strength

ROE11.3%
ROCE15.4%
OPM25.2%
NPM18.7%

Growth (3Y CAGR)

EPS+38.9%
Sales+29.0%
Profit+34.0%
3Y Return+61.0%

Balance Sheet

Debt/Equity0.0
Debt26.65 Cr
Pledge0.0%
CWIP/Fixed Asset4.5%

Cash Position

CFO/NP--
FCF-10.2 Cr
FCF 3Y Avg-71.9 Cr
Cash/MCap1.0%

Others

Div Yield0.0%
Div Payout9.0%
Cash Conv. Cycle435 days
Tradeable Free Float32.6%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 83.86 Cr
2.13% FF
60d high
₹ 121.75 Cr
60d low
₹ 67.46 Cr
60d mean
₹ 100.05 Cr
vs mean
▼ 16.18%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
+10.0%
+11.0%
--
--
Accelerating
Return
--
--
+61.0%
+97.0%
--
Accelerating
Profit
--
+41.0%
+34.0%
--
+46.0%
Stable
Sales
--
+27.0%
+29.0%
--
+37.0%
Accelerating

Quarterly Results

Jun 2026

7 Aug
Rev
128 Cr
----
OPM25.0%
NPM--
PAT
--21 Cr
EPS
--2.6

Mar 2026

13 May
Rev
171 Cr
+58% YoY+61% QoQ
OPM25.0%
NPM22.8%
PAT
+64% YoY39 Cr
EPS
+74% YoY4.3

Dec 2025

23 Jan
Rev
106 Cr
+24% YoY+0% QoQ
OPM25.0%
NPM16.0%
PAT
+21% YoY17 Cr
EPS
+21% YoY2.3

Sep 2025

PDF
Rev
106 Cr
+21% YoY+14% QoQ
OPM28.0%
NPM17.9%
PAT
+49% YoY19 Cr
EPS
+44% YoY2.6

Jun 2025

PDF
Rev
93 Cr
+12% YoY-14% QoQ
OPM23.0%
NPM15.1%
PAT
+0% YoY14 Cr
EPS
-3% YoY1.8

Mar 2025

PDF
Rev
108 Cr
+36% YoY+26% QoQ
OPM26.0%
NPM19.4%
PAT
+98% YoY21 Cr
EPS
+91% YoY2.5

Dec 2024

PDF
Rev
86 Cr
+34% YoY-1% QoQ
OPM26.0%
NPM16.3%
PAT
+126% YoY14 Cr
EPS
+120% YoY1.9

Sep 2024

PDF
Rev
87 Cr
+42% YoY+4% QoQ
OPM26.0%
NPM14.9%
PAT
+47% YoY13 Cr
EPS
+47% YoY1.8

Jun 2024

PDF
Rev
84 Cr
+73% YoY+5% QoQ
OPM29.0%
NPM16.7%
PAT
+147% YoY14 Cr
EPS
+147% YoY1.9

Mar 2024

PDF
Rev
80 Cr
+22% YoY+25% QoQ
OPM15.0%
NPM12.5%
PAT
-7% YoY10 Cr
EPS
-7% YoY1.3

Dec 2023

PDF
Rev
64 Cr
+5% YoY+5% QoQ
OPM19.0%
NPM9.4%
PAT
-32% YoY6 Cr
EPS
-32% YoY0.8

Sep 2023

PDF
Rev
61 Cr
+10% YoY+27% QoQ
OPM25.0%
NPM14.8%
PAT
+11% YoY9 Cr
EPS
--1.2

Jun 2023

PDF
Rev
48 Cr
+19% YoY-26% QoQ
OPM22.0%
NPM12.5%
PAT
-15% YoY6 Cr
EPS
--0.8

Mar 2023

Rev
65 Cr
+6% YoY+7% QoQ
OPM26.0%
NPM18.5%
PAT
+4% YoY12 Cr
EPS
--1.4

Dec 2022

Rev
61 Cr
----
OPM23.0%
NPM14.8%
PAT
+27% YoY9 Cr
EPS
--1.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.04
Interest Coverage4.4x
Promoter Pledge0.0%
Borrowings27 Cr

Efficiency

Receivable Days278 days
Inventory Days244 days
Payable Days88 days
Cash Conversion cycle435 days

Cash Position

Operating Cash Flow25 Cr
Investing Cash Flow-17 Cr
Financing Cash Flow-17 Cr
Free Cash Flow-10 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023
Dec 2022
Sales12817110610693108868784806461486561
Expenses9612980767180646459675246384847
Operating Profit324326302228222324121216111714
OPM %25.0%25.0%25.0%28.0%23.0%26.0%26.0%26.0%29.0%15.0%19.0%25.0%22.0%26.0%23.0%
Other Income2122224221611115
Interest121112132221124
Depreciation444444444333333
Profit Before Tax2848232719271918201281281313
Tax %26.0%20.0%27.0%27.0%27.0%22.0%28.0%30.0%28.0%21.0%30.0%28.0%26.0%8.0%29.0%
Net Profit21391719142114131410696129
Exceptional Items--3000000000000--
EPS (Rs)2.64.32.32.61.82.51.91.81.91.30.81.20.81.41.3
Sales Growth (YoY)--58.0%24.0%21.0%12.0%36.0%34.0%42.0%73.0%22.0%5.0%10.0%19.0%6.0%--
Sales Growth (QoQ)--61.3%0.0%14.0%-13.9%25.6%-1.1%3.6%5.0%25.0%4.9%27.1%-26.1%6.6%--
OP Growth (YoY)45.5%53.6%18.2%30.4%-8.3%133.3%83.3%43.8%118.2%-29.4%-14.3%--------
OP Growth (QoQ)-25.6%65.4%-13.3%36.4%-21.4%27.3%-4.3%-4.2%100.0%0.0%-25.0%45.5%-35.3%21.4%--
Profit Growth (YoY)--64.0%21.0%49.0%0.0%98.0%126.0%47.0%147.0%-7.0%-32.0%11.0%-15.0%4.0%27.3%
EPS Growth (YoY)--74.3%20.9%43.8%-3.2%91.4%120.0%47.1%146.8%-7.3%-32.0%--------
EPS Growth (QoQ)--88.9%-11.7%39.1%-24.9%31.0%5.1%-6.3%48.4%50.6%-29.8%57.1%-44.2%10.4%--
OP Margin--25.1%24.5%28.3%23.7%25.9%25.6%26.4%28.6%15.0%18.8%26.2%22.9%26.1%22.9%
Net Margin--22.8%16.0%17.9%15.1%19.4%16.3%14.9%16.7%12.5%9.4%14.8%12.5%18.5%14.8%
Material Cost %44.1%52.7%54.6%44.2%46.7%46.3%45.5%48.4%46.7%54.2%46.9%42.9%43.4%50.0%45.0%
Employee Cost %11.8%7.4%12.6%10.5%12.4%8.8%11.7%10.5%10.6%10.4%12.0%12.3%15.2%10.0%10.0%
P/S23.6521.6215.62------------------------
P/E127.95116.8487.88------------------------
P/B16.6714.209.62------------------------

Shareholding Pattern

Shareholders:3.4L (+44.8%)
Current MixJun 2026

Exchange Filings

50
Company Update22 Aug 2026

Communication to Shareholders - Intimation of tax deduction on Dividend

Company Update19 Aug 2026

As per attachment.

Company Update19 Aug 2026

Newspaper Advertisement for 17th Annual General Meeting.

Others18 Aug 2026

Business Responsibility and Sustainability Report for the Financial Year 2025-26

Others18 Aug 2026

Annual Report for the Financial Year 2025-26 of Paras Defence and Space Technologies Limited (''''PARAS'''') along with the Notice of 17th Annual General Meeting.

AGM/EGM18 Aug 2026

Notice of 17th Annual General Meeting of Paras Defence and Space Technologies Limited ("PARAS")

Company Update17 Aug 2026

We would like to inform you that the management of PARAS will be meeting Analysts / Institutional Investor at 'Manufacturing Forum 2026" organized by Kotak Institutional Equities.

Company Update14 Aug 2026

We would like to inform you that the management of PARAS will be meeting Analysts / Institutional Investors at Motilal Oswal 22nd Annual Global Investor Conference.

Company Update08 Aug 2026

Submission of Newspaper Publication of Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026

Result07 Aug 2026

Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2026

Corp. Action07 Aug 2026

Intimation of Record Date for Payment of Final Dividend on Equity Shares for Financial Year 2025-26

Company Update07 Aug 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Divestment of Equity in Krasny Paras Defence Technologies Private Limited (Associate)

Board Meeting07 Aug 2026

Board Meeting Outcome for Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June 30, 2026, Fixing Of Record Date For Dividend, AGM Date And Related Matters, As Enclosed

AGM/EGM07 Aug 2026

Intimation of 17th Annual General Meeting (AGM) to be held on Friday, September 11, 2026.

Company Update24 Jul 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Appointment of Senior Management Personnel.

Company Update24 Jul 2026

Amendment to Code for Prohibition of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information (UPSI) of the Company under SEBI (Prohibition of Insider Trading), Regulations, 2015

Company Update22 Jul 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Signing of Memoradum of Understanding (MoU) with MP State Electronics Development ....

Company Update22 Jul 2026

As per attachment

Company Update07 Jul 2026

Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulation 2018, for the quarter ended June 30, 2026.

Company Update30 Jun 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

Insider Trading / SAST29 Jun 2026

Intimation for closure of Trading Window.

Company Update25 Jun 2026

We would like to inform you that the management of Paras Defence and Space Technologies Limited ('PARAS') will be meeting Analyst / Institutional Investor- Astute Investment Management ....

Company Update18 Jun 2026

We would like to inform you that the management of PARAS will be meeting Analyst / Institutional Investors at PL Capital's Defence Conference 'Armoured Alpha - Navigating the High-Growth ....

Company Update10 Jun 2026

We would like to inform you that the management of PARAS will be meeting Analysts / Institutional Investors at 'India Corporate Day - London 2026' organized by Kotak Institutional Equities, ....

Company Update02 Jun 2026

We are pleased to inform that PARAS has received an order from Bharat Electronics Limited valued at approximately Rs. 52.82 Cr. (Incl. of Taxes) for supply of Electro-Optics.

Company Update26 May 2026

Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026.

Company Update22 May 2026

We would like to inform that the management of PARAS will be meeting Analysts / Institutional Investors at Taj Hotel, Santacruz, Mumbai, on Wednesday, May 27, 2026.

Company Update14 May 2026

Submission of Newspaper Publication of Audited Financial Results (Standalone and Consolidated) for the Quarter and Year ended March 31, 2026 under Regulation 47 of SEBI (Listing Obligations ....

Result13 May 2026

Standalone and Consolidated Audited Financial Results for the Quarter and Financial Year ended March 31, 2026

Company Update13 May 2026

Re-appointment of Internal Auditor and Cost Auditor for the Financial Year 2026-27

Board Meeting13 May 2026

Board Meeting Outcome for Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 and other items, as enclosed

Board Meeting09 May 2026

Paras Defence And Space Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/05/2026 ,inter alia, to consider and approve i. the ....

Company Update30 Apr 2026

We are pleased to inform that PARAS has received an order from DRDO, Ministry of Defence valued at approximately Rs. 7.7 Cr. (Inc. of Taxes) for Development of Ku/C-Band Satellite Communication ....

Company Update28 Apr 2026

We are pleased to inform that PARAS has signed a MoU with Complus Systems and JV Micronics to integrate their respective expertise to promote and pursue opportunities both in India and ....

Company Update15 Apr 2026

We are pleased to inform that PARAS has signed an Agreement with Bandak Aviation Inc. DBA Northstar, USA (NORTHSTAR).

Company Update08 Apr 2026

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Company Update06 Apr 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Appointment of Company Secretary and Compliance Officer.

Company Update30 Mar 2026

We wish to inform that PARAS has divested its entire 58.02% equity stake held in its subidiary, Ayatti Innovative Private Limited.

Company Update24 Mar 2026

We would like to inform that the management of PARAS will be meeting Niveshaay Investment Advisors, Analyst / Institutional Investor on Monday, March 30, 2026.

Insider Trading / SAST23 Mar 2026

Intimation for closure of Trading Window

Company Update23 Mar 2026

We would like to inform that the Management of PARAS will be meeting Pictet Asset Management, UK, Analyst/Institutional Investor on Friday, March 27, 2026.

Company Update13 Mar 2026

Grant of Stock Options (Phase - 2) under Paras Defence and Space Technologies Limited - Employee Stock Option Plan 2024.

Company Update10 Mar 2026

We would like to inform you that the management of PARAS will be meeting Fullerton Fund Management, Analyst/Institutional Investor, on Monday, March 16, 2026.

Company Update09 Mar 2026

We are pleased to inform that PARAS has received an order from DRDO, MInistry of Defence valued at approximately Rs. 80.28 Cr. (Incl. of Taxes) for Development of High Precision Optical ....

Company Update04 Mar 2026

We are pleased to inform that PARAS has signed a Memorandum of Understanding (MoU) with Green Optics Co. Ltd., South Korea.

Company Update27 Feb 2026

We are pleased to inform that a Subsidiary Company of PARAS in the name of Paras Semiconductors Private Limited ("Subsidiary") has been incorporated on February 27, 2026

Company Update23 Feb 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

Company Update20 Feb 2026

We are pleased to inform that a Subsidiary Company of PARAS in the name of Paras Avionics Private Limited ("Subsidiary") has been incorporated on February 20, 2026.

Company Update19 Feb 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Acquisition

Company Update17 Feb 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclsoure Requirements), Regulations, 2015 - Proposed Acquisition

Annual Reports

4

2025

2024

2023

2022

Credit Ratings

6
crisilRating update
09 Sept 2025Report
icraRating update
16 Jun 2025Report
crisilRating update
27 May 2025Report
icraRating update
08 Nov 2024Report
crisilRating update
10 Sept 2024Report
icraRating update
05 Apr 2024Report

Concalls

5

Jun 2025

30 Jun 2025

Apr 2025

30 Apr 2025

Jun 2024

30 Jun 2024

Sep 2023

30 Sept 2023

Aug 2022

31 Aug 2022

Held by Mutual Funds

7 schemes hold PARAS · sorted by weight

#SchemeWeight %
1

HSBC Multi Cap Fund

HSBC Mutual Fund

1.31%
2

Motilal Oswal Nifty India Defence Index Fund

Motilal Oswal Mutual Fund

1.16%
3

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.02%
4

Axis Nifty India Defence Index Fund

Axis Mutual Fund

1.16%
5

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.02%
6

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.51%
7

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.02%