Paras Defence

Which are the latest news on Paras Defence?

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

As of 05-Sep, the stock price of Paras Defence and Space Technologies Ltd is rising to 1,414.15, driven by strong financial performance, including a 7.36% growth in net sales and a 53.99% increase in profit after tax. Despite a decline in delivery volume, the stock remains liquid and has significantly outperformed the benchmark Sensex over the past year.

As of 05-Sep, the stock price of Paras Defence and Space Technologies Ltd is rising, currently at 1,414.15, reflecting a change of 2.35 (0.17%) upwards. This increase can be attributed to several positive factors. The company has demonstrated strong financial performance, with a significant growth in net sales of 7.36% and a remarkable 48.56% increase in net sales over the last six months, amounting to Rs 299.22 crore. Additionally, the profit after tax (PAT) has also seen substantial growth of 53.99%, reaching Rs 53.26 crore.<BR><BR>Moreover, the company has consistently delivered positive results over the last two consecutive quarters, which has likely bolstered investor confidence. The return on capital employed (ROCE) is at a high of 15.87%, indicating effective use of capital. Institutional investors have shown increasing interest, raising their stake by 5.05% in the previous quarter, which suggests a positive outlook from more experienced investors.<BR><BR>Despite a slight decline in investor participation, as indicated by a 25.89% drop in delivery volume compared to the five-day average, the stock remains liquid enough for trading. The stock's performance over the past year has been impressive, with a return of 112.40%, significantly outperforming the benchmark Sensex, which has declined by 5.21% during the same period. These factors collectively contribute to the stock's upward movement.

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. Each member 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>Each member plays a crucial role in guiding the company's strategic direction and operations.

What does Paras Defence do?

Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense sector, focusing on advanced defense technologies. As of June 2026, it reported net sales of ₹128 Cr and a net profit of ₹21 Cr, with a market cap of ₹11,463 Cr.

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>Most recent Net Sales: 128 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 21 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 11,463 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 125.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.07% <BR>Debt Equity: -0.13 <BR>Return on Equity: 11.82% <BR>Price to Book: 16.00 <BR><BR>Contact Details: <BR>Details: 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, Apollo Micro Sys, Sigma Advanced S, Swan Defence, Unimech Aero., Mishra Dhatu Nig, Avantel, and Rossell Techsys. In terms of management risk, growth, and capital structure, Zen Technologies stands out positively, while Swan Defence shows below-average performance across these metrics.

Peers: The peers of Paras Defence are Zen Technologies, Astra Microwave, Apollo Micro Sys, Sigma Advanced S, Swan Defence, Unimech Aero., Mishra Dhatu Nig, Avantel, and Rossell Techsys.<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, Paras Defence, Unimech Aero., Avantel, Rossell Techsys, and the rest. Below Average management risk is noted at Sigma Advanced S and Swan Defence. For 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, Astra Microwave, Unimech Aero., and Avantel. Below Average growth is noted at Swan Defence and the rest. Excellent capital structure is observed at Zen Technologies, Paras Defence, Unimech Aero., and Avantel, while Good capital structure is found at Astra Microwave and Mishra Dhatu Nig. Below Average capital structure is noted at Sigma Advanced S and Swan Defence.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sigma Advanced S at 482.02%, while the lowest is Swan Defence with N/A, and Paras Defence's 1-year return of 121.04% is significantly higher than that of Swan Defence. Additionally, Swan Defence is the only peer with a six-month return that is negative.

How big is Paras Defence?

As of 31st August, Paras Defence and Space Technologies Ltd has a market capitalization of 11,463.00 Cr, with recent Net Sales of 511.29 Cr and a Net Profit of 94.45 Cr.

As of 31st August, Paras Defence and Space Technologies Ltd has a market capitalization of 11,463.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 511.29 Cr and a Net Profit of 94.45 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 725.44 Cr and Total Assets of 964.48 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