Paras Defence

Why is Paras Defence and Space Technologies Ltd falling/rising?

As of 17-Aug, the stock price of Paras Defence and Space Technologies Ltd is rising to 1,388.80, reflecting a 10.7 (0.78%) increase, driven by strong financial performance, increasing institutional interest, and positive market sentiment. The stock has outperformed the Sensex significantly, with a year-to-date return of 102.91% and is trading above its moving averages, indicating a bullish trend.

As of 17-Aug, the stock price of Paras Defence and Space Technologies Ltd is rising, currently at 1,388.80, reflecting an increase of 10.7 (0.78%). This upward movement can be attributed to several positive factors. The stock has shown strong performance over various time frames, with a 9.58% increase over the past week and an impressive 102.91% year-to-date return, significantly outperforming the Sensex, which has declined by 8.79% in the same period. <BR><BR>Additionally, the stock has been gaining for the last three days, with a total return of 8.37% during this period. It is also trading above its moving averages across multiple time frames, indicating a strong bullish trend. The company has reported positive financial results, with net sales growing by 48.56% and profit after tax increasing by 53.99% over the last six months. Furthermore, institutional investor participation has risen, with a 5.05% increase in their stake, suggesting confidence in the company's fundamentals.<BR><BR>The stock is currently close to its 52-week high, just 4.04% away, which may also contribute to investor optimism. Overall, the combination of strong financial performance, increasing institutional interest, and positive market sentiment are driving the stock's price upward.

Which are the latest news on Paras Defence?

Who are in the management team of Paras Defence?

The management team of Paras Defence includes Chairman Sharad Virji Shah, Managing Director Munjal Sharad Shah, Whole-time Director Shilpa Amit Mahajan, and Independent Directors Manmohan Handa, Hina Gokhale, and Suresh Katyal, along with Director (Technical) Amit Navin Mahajan. This diverse team contributes to the company's strategic direction and operations.

The management team of Paras Defence includes the following members:<BR><BR>1. **Sharad Virji Shah** - Chairman (Non-Executive)<BR>2. **Munjal Sharad Shah** - Managing Director<BR>3. **Shilpa Amit Mahajan** - Whole-time Director<BR>4. **Manmohan Handa** - Independent Director<BR>5. **Hina Gokhale** - Independent Director<BR>6. **Suresh Katyal** - Independent Director<BR>7. **Amit Navin Mahajan** - Director (Technical)<BR><BR>This team brings a diverse range of expertise to the company, contributing to its strategic direction and operations.

What does Paras Defence do?

Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense sector, reporting net sales of 128 Cr and a net profit of 21 Cr for June 2026, with a market cap of INR 10,402 Cr. The company has a P/E ratio of 117.00 and a return on equity of 11.82%.

Overview: <BR>Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense industry and is categorized as a Small Cap company.<BR><BR>History: <BR>The company was incorporated in 2009 as "Paras Flow Form Engineering Limited" and later changed its name to "Paras Flowform Engineering Limited." The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 128 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 21 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 10,402 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 117.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 11.82% <BR>Price to Book: 14.30 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Paras Defence?

Peers of Paras Defence include Zen Technologies, Astra Microwave, and Apollo Micro Sys, among others. Paras Defence has an average management risk, excellent capital structure, and a 1-year return of 100.19%.

Peers: The peers of Paras Defence are Zen Technologies, Astra Microwave, Apollo Micro Sys, Swan Defence, Sigma Advanced S, Mishra Dhatu Nig, Unimech Aero., Avantel, Rossell Techsys, and Ideaforge Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Zen Technologies and Mishra Dhatu Nig, while Good management risk is found at Astra Microwave. Average management risk is present at Apollo Micro Sys, Unimech Aero., Avantel, Rossell Techsys, and Paras Defence, while Below Average management risk is noted at Swan Defence, Sigma Advanced S, and Ideaforge Tech. In terms of growth, Excellent growth is seen at Zen Technologies, Apollo Micro Sys, Sigma Advanced S, and Rossell Techsys, while Average growth is found at Paras Defence and Astra Microwave, and Below Average growth is noted at Swan Defence, Mishra Dhatu Nig, Unimech Aero., Avantel, and Ideaforge Tech. For capital structure, Excellent capital structure is observed at Paras Defence, Unimech Aero., and Avantel, while Good capital structure is found at Astra Microwave and Mishra Dhatu Nig, and Below Average capital structure is noted at Swan Defence, Sigma Advanced S, and Ideaforge Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Apollo Micro Sys at 108.66%, while the lowest is Swan Defence with N/A, indicating no data available for that period. Paras Defence's 1-year return is 100.19%, which is lower than Apollo Micro Sys but higher than many others. Additionally, Swan Defence has a negative six-month return, as it is marked as N/A.

How big is Paras Defence?

As of 14th August, Paras Defence and Space Technologies Ltd has a market capitalization of 11,065.85 Cr, with net sales of 511.29 Cr and net profit of 94.45 Cr over the last four quarters. Shareholder's funds are 639.94 Cr, and total assets are valued at 851.96 Cr as of March 2025.

As of 14th August, <BR><BR>Market Cap: Paras Defence and Space Technologies Ltd has a market capitalization of 11,065.85 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 511.29 Cr, while the sum of Net Profit for the same period is 94.45 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 639.94 Cr and Total Assets valued at 851.96 Cr.

Should I buy, sell or hold Paras Defence and Space Technologies Ltd?

When is the next results date for Paras Defence and Space Technologies Ltd?

The next results date for Paras Defence and Space Technologies Ltd is 07 August 2026.

The next results date for Paras Defence and Space Technologies Ltd is scheduled for 07 August 2026.

Are Paras Defence and Space Technologies Ltd latest results good or bad?

Paras Defence and Space Technologies Ltd's Q4 FY26 results are strong, with a net profit of ₹34.38 crore (up 74.34% year-on-year) and revenue of ₹171.31 crore (up 58.28%). However, the stock's high valuation at 87 times trailing earnings suggests investors should be cautious despite the positive performance.

Paras Defence and Space Technologies Ltd's latest results for Q4 FY26 are quite strong, indicating a positive trajectory for the company. The net profit reached ₹34.38 crore, reflecting a remarkable year-on-year growth of 74.34%. Revenue also saw significant growth, totaling ₹171.31 crore, which is an increase of 58.28% compared to the same quarter last year.<BR><BR>The company's PAT margin improved to 22.70%, up 340 basis points from the previous year, showcasing enhanced profitability. Additionally, the sequential growth in net profit from the previous quarter (Q3 FY26) was an impressive 88.80%, indicating strong operational momentum.<BR><BR>Overall, the results underscore a robust performance, driven by the expanding defence manufacturing sector in India and the company's effective execution strategies. However, it's important to note that the stock is currently trading at a high valuation multiple of 87 times trailing earnings, which suggests that while the results are good, investors should be cautious about the premium pricing and the expectations it sets for future performance.

Is Paras Defence technically bullish or bearish?

As of December 1, 2025, the market trend is mildly bullish, supported by daily moving averages and Bollinger Bands, though caution is advised due to mildly bearish weekly and monthly MACD readings.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly and monthly MACD readings are mildly bearish, which suggests some caution. The Bollinger Bands on both weekly and monthly time frames are mildly bullish, supporting the overall positive outlook. The KST is bullish on both weekly and monthly time frames, reinforcing the mildly bullish sentiment. Despite the lack of clear trends in Dow Theory and OBV, the overall indicators suggest a cautiously optimistic stance in the current market environment.

How has been the historical performance of Paras Defence?

Paras Defence has exhibited significant growth from March 2021 to March 2025, with net sales increasing from INR 143.33 crore to INR 364.66 crore, and profit after tax rising from INR 15.78 crore to INR 61.46 crore, alongside a reduction in total debt to zero. The company has consistently improved its operating efficiency and asset accumulation during this period.

Answer:<BR>The historical performance of Paras Defence shows significant growth in various financial metrics over the years.<BR><BR>Breakdown:<BR>Paras Defence has demonstrated a strong upward trend in net sales, increasing from INR 143.33 crore in March 2021 to INR 364.66 crore in March 2025. Total operating income has followed a similar trajectory, reaching INR 364.66 crore in March 2025, up from INR 143.33 crore in March 2021. The company's total expenditure, excluding depreciation, also rose significantly, from INR 99.94 crore in March 2021 to INR 267.45 crore in March 2025. Operating profit (PBDIT) has shown a remarkable increase, climbing from INR 44.67 crore in March 2021 to INR 105.13 crore in March 2025, while profit before tax surged from INR 22.61 crore to INR 83.58 crore during the same period. Consequently, profit after tax increased from INR 15.78 crore in March 2021 to INR 61.46 crore in March 2025. The company's total assets grew from INR 342.39 crore in March 2021 to INR 851.96 crore in March 2025, reflecting robust asset accumulation. Additionally, total liabilities increased from INR 362.76 crore to INR 851.96 crore, with total debt decreasing significantly to zero by March 2025. The cash flow from operating activities improved from INR 4 crore in March 2021 to INR 44 crore in March 2025, indicating enhanced operational efficiency. Overall, Paras Defence has shown a consistent pattern of growth in sales, profits, and asset accumulation over the years.

Who are the top shareholders of the Paras Defence?

The top shareholders of Paras Defence include promoter Munjal Sharad Shah with 24.47%, 10 mutual fund schemes with 1.98%, 66 foreign institutional investors holding 7.28%, and the Abu Dhabi Investment Authority - Monsoon as the largest public shareholder with 3.54%. Individual investors collectively own 30.54% of the shares.

The top shareholders of Paras Defence include the promoters, who hold the majority of the shares. The promoter with the highest holding is Munjal Sharad Shah, with a stake of 24.47%. Additionally, the company has 10 mutual fund schemes holding a combined 1.98% and 66 foreign institutional investors (FIIs) holding 7.28%. The highest public shareholder is the Abu Dhabi Investment Authority - Monsoon, with a 3.54% stake. Individual investors collectively hold 30.54% of the shares.

Is Paras Defence overvalued or undervalued?

As of November 17, 2021, Paras Defence is considered very expensive and overvalued with a PE Ratio of 104.53, significantly higher than its peers, despite a strong year-to-date return of 60.35%.

As of 17 November 2021, the valuation grade for Paras Defence has moved from does not qualify to very expensive. The company is currently considered overvalued based on its high valuation ratios, including a PE Ratio of 104.53, an EV to EBITDA of 67.36, and a Price to Book Value of 10.37. These figures indicate that the stock is trading at a significant premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Paras Defence's PE Ratio is substantially higher than Hindustan Aeronautics Ltd. at 39.90 and Bharat Electronics Ltd. at 53.67, both of which are also classified as very expensive. Additionally, the PEG Ratio of 1.14 suggests that the growth expectations are not sufficient to justify the high valuation. While Paras Defence has outperformed the Sensex with a year-to-date return of 60.35% compared to the Sensex's 5.56%, this strong performance does not alter the conclusion that the stock is overvalued in the current market.

Has Paras Defence declared dividend?

No Dividend History Available