Paras Defence

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

As of 29-Jun, the stock price of Paras Defence and Space Technologies Ltd is at 1,183.80, reflecting a 4.05% decline and a total drop of 16.08% over the last five days. Despite strong long-term performance, recent volatility and high valuation metrics are contributing to negative market sentiment.

As of 29-Jun, the stock price of Paras Defence and Space Technologies Ltd is falling, currently at 1,183.80, which reflects a decrease of 50.0 points or 4.05%. This decline is part of a broader trend, as the stock has been underperforming, with a consecutive fall over the last five days resulting in a total drop of 16.08%. Additionally, the stock has underperformed its sector by 5.11% today.<BR><BR>In the short term, the stock has experienced significant volatility, touching an intraday low of Rs 1169.55, which is a decrease of 5.21%. The trading volume has also shown a concerning trend, with delivery volume dropping by 56.97% compared to the five-day average, indicating falling investor participation.<BR><BR>Despite the company's strong long-term performance, including a year-to-date return of 72.96% and a three-year return of 283.26%, the recent price movements suggest that current market sentiment is negative. The stock is trading at a premium compared to its peers, with a high Price to Book Value of 13.2, which may contribute to investor caution. Overall, the combination of recent price declines, reduced trading volume, and high valuation metrics are key factors contributing to the stock's current downward trajectory.

Which are the latest news on Paras Defence?

What does Paras Defence do?

Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense sector, reporting net sales of ₹171 Cr and a net profit of ₹34 Cr for Q1 2026, with a market cap of ₹8,122 Cr. The company has a P/E ratio of 98.00 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. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 171 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 34 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 8,122 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 98.00 <BR>Industry P/E: 42 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.13 <BR>Return on Equity: 11.82% <BR>Price to Book: 11.55 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Paras Defence?

As of 10th June, Paras Defence and Space Technologies Ltd has a market capitalization of 8,122.00 Cr, with recent Net Sales of 476.57 Cr and a Net Profit of 88.10 Cr. Shareholder's Funds are 639.94 Cr and Total Assets amount to 851.96 Cr as of March 2025.

As of 10th June, Paras Defence and Space Technologies Ltd has a market capitalization of 8,122.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 476.57 Cr and a Net Profit of 88.10 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 639.94 Cr and Total Assets of 851.96 Cr.

Who are in the management team of Paras Defence?

The management team of Paras Defence includes Sharad Virji Shah (Chairman), Munjal Sharad Shah (Managing Director), Shilpa Amit Mahajan (Whole-time Director), and several Independent Directors: Manmohan Handa, Hina Gokhale, and Suresh Katyal, along with Amit Navin Mahajan (Director - Technical).

The management team of Paras Defence includes the following individuals:<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>If you need any more details about their roles or responsibilities, feel free to ask!

Who are the peers of the Paras Defence?

Peers of Paras Defence include Zen Technologies, Apollo Micro Sys, and Astra Microwave, among others. In terms of management risk, growth, and capital structure, Paras Defence shows average growth and excellent capital structure compared to its peers.

Peers: The peers of Paras Defence are Zen Technologies, Apollo Micro Sys, Astra Microwave, Swan Defence, Mishra Dhatu Nig, Unimech Aero., Avantel, Ideaforge Tech, Rossell Techsys, and NIBE.<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., Rossell Techsys, and NIBE, while Below Average management risk is noted at Swan Defence, Paras Defence, Ideaforge Tech. In terms of Growth, Excellent growth is seen at Zen Technologies, Apollo Micro Sys, and Rossell Techsys, while Good growth is found at Astra Microwave. Average growth is present at Paras Defence, while Below Average growth is noted at Swan Defence, Mishra Dhatu Nig, Unimech Aero., Avantel, Ideaforge Tech, and the rest. 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. Average capital structure is noted at Apollo Micro Sys, while Below Average capital structure is present at Swan Defence, Ideaforge Tech, and Rossell Techsys.<BR><BR>Return Snapshot: Apollo Micro Sys has the highest 1-year return at 103.25%, while Mishra Dhatu Nig has the lowest at -1.65%. Paras Defence's 1-year return of 25.43% is higher than Mishra Dhatu Nig's but lower than Apollo Micro Sys's. Additionally, Unimech Aero. and Avantel have negative six-month returns.

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

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.

When is the next results date for Paras Defence?

No Upcoming Board Meetings

Has Paras Defence declared dividend?

No Dividend History Available