Paras Defence

Who are in the management team of Paras Defence?

As of March 2023, the management team of Paras Defence includes Chairman Sharad Virji Shah, Managing Director Munjal Sharad Shah, Whole-time Director Shilpa Amit Mahajan, and Directors Manmohan Handa, Hina Gokhale, Suresh Katyal, and Amit Navin Mahajan, with varying remuneration levels.

As of March 2023, the management team of Paras Defence includes the following individuals:<BR><BR>1. Sharad Virji Shah - Chairman (Non-Executive) with a remuneration of Rs. 6.0 lacs.<BR>2. Munjal Sharad Shah - Managing Director with a remuneration of Rs. 69.0 lacs.<BR>3. Shilpa Amit Mahajan - Whole-time Director with a remuneration of Rs. 24.45 lacs.<BR>4. Manmohan Handa - Independent Director with no remuneration.<BR>5. Hina Gokhale - Independent Director with no remuneration.<BR>6. Suresh Katyal - Independent Director with no remuneration.<BR>7. Amit Navin Mahajan - Director (Technical) with a remuneration of Rs. 24.86 lacs.

When is the next results date for Paras Defence?

No Upcoming Board Meetings

Has Paras Defence declared dividend?

No Dividend History Available

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.

Who are the peers of the Paras Defence?

Peers of Paras Defence include Garden Reach Shipbuilders, Zen Technologies, Data Pattern, Astra Microwave, Mishra Dhatu Nigam, Unimech Aerospace, Apollo Micro Systems, MTAR Technologies, and Avantel. Paras Defence has below-average growth and management risk compared to its peers, with a 1-year return of 16.26%.

Peers: The peers of Paras Defence are Garden Reach Sh., Zen Technologies, Data Pattern, Astra Microwave, Mishra Dhatu Nig, Unimech Aero., Apollo Micro Sys, MTAR Technologie, and Avantel.<BR><BR>Quality Snapshot: Excellent management risk is observed at Garden Reach Sh., Zen Technologies, Data Pattern, Astra Microwave, Mishra Dhatu Nig, Unimech Aero., and MTAR Technologie, while Average management risk is found at Apollo Micro Sys and Avantel. Below Average management risk is noted for Paras Defence and DCX Systems. For growth, Excellent growth is seen at Garden Reach Sh., Zen Technologies, and Avantel, while Good growth is found at Data Pattern and Apollo Micro Sys. Average growth is noted for Paras Defence, while Below Average growth is observed at Mishra Dhatu Nig, Unimech Aero., and MTAR Technologie. Excellent capital structure is present at Garden Reach Sh., Zen Technologies, Paras Defence, Unimech Aero., and Avantel, while Good capital structure is seen at Data Pattern, Astra Microwave, and MTAR Technologie, and the rest have Average or Below Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Apollo Micro Sys at 55.49%, while the lowest is DCX Systems at -32.81%. Paras Defence's own 1-year return is 16.26%, which is significantly higher than DCX Systems but lower than Apollo Micro Sys. Additionally, Unimech Aero. and MTAR Technologie have negative six-month returns.

What does Paras Defence do?

Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense sector, reporting net sales of ₹1,082 Cr and a net profit of ₹197 Cr for Q1 2025, with a market cap of ₹6,488 Cr. The company has a P/E ratio of 103.00 and a return on equity of 9.92%.

Overview: <BR>Paras Defence and Space Technologies Ltd operates in the Aerospace & Defense industry and is classified as a Mid 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 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,082 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 197 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 6,488 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 103.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.14 <BR>Return on Equity: 9.92% <BR>Price to Book: 10.17 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

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.

How big is Paras Defence?

As of 24th July, Paras Defence and Space Technologies Ltd has a market capitalization of 6,416.00 Cr, with recent net sales of 364.66 Cr and a net profit of 63.47 Cr. The balance sheet for March 2024 shows shareholder's funds of 444.61 Cr and total assets of 639.68 Cr.

As of 24th July, Paras Defence and Space Technologies Ltd has a market capitalization of 6,416.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 364.66 Cr and a Net Profit of 63.47 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 444.61 Cr and Total Assets of 639.68 Cr.

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.

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.

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

Paras Defence and Space Technologies Ltd's latest results show strong year-on-year revenue growth of 23.99% and a net profit increase of 21.08%, but a quarter-on-quarter profit decline of 11.77% and reduced operating margins raise concerns about operational efficiency. Investors should remain cautious and watch for how the company addresses these challenges.

The latest results for Paras Defence and Space Technologies Ltd present a mixed picture. On one hand, the company achieved a net profit of ₹18.21 crores in Q3 FY26, which reflects a significant year-on-year increase of 21.08%. Additionally, revenue growth was strong at 23.99% compared to the same quarter last year, indicating robust demand and operational capabilities.<BR><BR>However, there are notable concerns regarding profitability. The net profit saw a decline of 11.77% quarter-on-quarter, down from ₹20.64 crores in the previous quarter. Operating margins also contracted from 28.08% to 24.65%, suggesting rising costs or inefficiencies that need to be addressed. This margin compression is a significant operational challenge, as it deviates from the company's historical performance.<BR><BR>In summary, while the revenue growth is commendable and reflects the company's potential within the expanding defence sector, the decline in profitability and margins raises questions about operational efficiency. Investors should be cautious and monitor how the company addresses these margin pressures moving forward.

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

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

As of 11-Mar, the stock price of Paras Defence and Space Technologies Ltd is declining, currently at 679.30, reflecting a 3.39% drop. This trend includes a 9.16% decrease over the last three days and a decline in investor interest, indicating negative sentiment despite past strong performance.

As of 11-Mar, the stock price of Paras Defence and Space Technologies Ltd is falling, currently at 679.30, which reflects a decrease of 23.8 points or 3.39%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 9.16% during this period. Additionally, the stock has underperformed its sector by 1.36% today.<BR><BR>The stock's performance over the past week shows a decline of 5.63%, while it has managed a modest increase of 3.10% over the past month, contrasting with a significant drop of 8.75% in the benchmark Sensex during the same timeframe. Year-to-date, the stock is down 0.75%, while the Sensex has decreased by 9.81%. Despite a strong performance over the past year, with a return of 46.76%, the recent trends indicate a concerning shift.<BR><BR>Investor participation has also waned, with delivery volume on 10 March falling by 62.38% compared to the five-day average, suggesting reduced interest among investors. The stock's liquidity remains adequate, but the overall sentiment appears negative, compounded by a recent decline in institutional investor stakes, which decreased by 0.95% in the previous quarter.<BR><BR>The stock's valuation is considered expensive, trading at a premium compared to its peers, with a Price to Book Value of 8.1. Although the company has shown consistent returns over the last three years, the operating profit growth rate of 12.85% over the last five years raises concerns about long-term growth potential. These factors collectively contribute to the stock's current downward trajectory.

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

As of 12-Mar, the stock price of Paras Defence and Space Technologies Ltd is declining, currently at Rs 669.10, with a 10.52% drop over four days and reduced investor participation. Concerns about the company's growth prospects and a high Price to Book Value ratio are contributing to this downward trend.

As of 12-Mar, the stock price of Paras Defence and Space Technologies Ltd is falling, currently at Rs 669.10, reflecting a decrease of Rs 10.2 or 1.5%. The stock has been on a downward trend, having lost value for four consecutive days, resulting in a total decline of 10.52% during this period. Additionally, the stock has underperformed its sector by 1.37% today.<BR><BR>Investor participation has also diminished, with delivery volume dropping by 67.64% compared to the 5-day average, indicating reduced interest from traders. The stock's performance over the past week shows a decline of 6.69%, while it has managed a modest increase of 2.69% over the past month. Year-to-date, the stock is down 2.24%, contrasting with a significant annual return of 48.61% over the last year.<BR><BR>Despite these positive long-term returns, concerns regarding the company's growth prospects are evident. The operating profit has only grown at an annual rate of 12.85% over the last five years, and the company has a relatively high Price to Book Value ratio of 8, suggesting it is trading at a premium compared to its peers. Furthermore, institutional investors have reduced their stakes by 0.95% in the previous quarter, which may reflect a lack of confidence in the stock's future performance.<BR><BR>Overall, the combination of recent price declines, falling investor participation, and concerns about long-term growth prospects contribute to the current downward movement of Paras Defence and Space Technologies Ltd's stock price.

Which are the latest news on Paras Defence?