PARAS - Paras Defence and Space Technologies Limited Share Price

Aerospace & Defense

₹671.75-5.00(-0.74%)

Market Closed as of Dec 24, 2025, 15:30 IST

Pros

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Very strong Profitability. One year profit margin are 17%.

Technicals: Bullish SharesGuru indicator.

Growth: Awesome revenue growth! Revenue grew 24.8% over last year and 93.3% in last three years on TTM basis.

Balance Sheet: Strong Balance Sheet.

Cons

Past Returns: In past three years, the stock has provided 6.5% return compared to 13.6% by NIFTY 50.

Smart Money: Smart money is losing interest in the stock.

Valuation
Market Cap	5.41 kCr
Price/Earnings (Trailing)	77.04
Price/Sales (Trailing)	13.42
EV/EBITDA	48.6
Price/Free Cashflow	590.96
MarketCap/EBT	58.85
Enterprise Value	5.46 kCr

Fundamentals
Revenue (TTM)	403.24 Cr
Rev. Growth (Yr)	21.7%
Earnings (TTM)	68.41 Cr
Earnings Growth (Yr)	53.2%

Profitability
Operating Margin	23%
EBT Margin	23%
Return on Equity	10.26%
Return on Assets	7.41%
Free Cashflow Yield	0.17%

Price to Sales Ratio

Latest reported: 13.4

Revenue (Last 12 mths)

Latest reported: 403.2 Cr

Net Income (Last 12 mths)

Latest reported: 68.4 Cr

Growth & Returns
Price Change 1W	6.9%
Price Change 1M	-5.2%
Price Change 6M	-17.6%
Price Change 1Y	-33.1%
3Y Cumulative Return	6.5%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-86.99 Cr
Cash Flow from Operations (TTM)	44.82 Cr
Cash Flow from Financing (TTM)	73.66 Cr
Cash & Equivalents	10.02 Cr
Free Cash Flow (TTM)	9.59 Cr
Free Cash Flow/Share (TTM)	1.19

Balance Sheet
Total Assets	922.91 Cr
Total Liabilities	256.26 Cr
Shareholder Equity	666.65 Cr
Current Assets	631.39 Cr
Current Liabilities	235.8 Cr
Net PPE	187.03 Cr
Inventory	147.99 Cr
Goodwill	6.45 Cr

Capital Structure & Leverage
Debt Ratio	0.06
Debt/Equity	0.08
Interest Coverage	19.17
Interest/Cashflow Ops	8.57

Dividend & Shareholder Returns
Dividend/Share (TTM)	0.5
Dividend Yield	0.07%
Shares Dilution (1Y)	3.3%
Shares Dilution (3Y)	3.3%

Pros

Size: Market Cap wise it is among the top 20% companies of india.

Profitability: Very strong Profitability. One year profit margin are 17%.

Technicals: Bullish SharesGuru indicator.

Growth: Awesome revenue growth! Revenue grew 24.8% over last year and 93.3% in last three years on TTM basis.

Balance Sheet: Strong Balance Sheet.

Cons

Past Returns: In past three years, the stock has provided 6.5% return compared to 13.6% by NIFTY 50.

Smart Money: Smart money is losing interest in the stock.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Dividend Yield	0.07%
Dividend/Share (TTM)	0.5
Shares Dilution (1Y)	3.3%
Earnings/Share (TTM)	8.72

Financial Health
Current Ratio	2.68
Debt/Equity	0.08

Technical Indicators
RSI (14d)	41.24
RSI (5d)	78.93
RSI (21d)	41.18
MACD Signal	Buy
Stochastic Oscillator Signal	Hold
Grufity Signal	Buy
RSI Signal	Hold
RSI5 Signal	Sell
RSI21 Signal	Hold
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Sell
SMA 50 Signal	Sell
SMA 100 Signal	Sell

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Revenue

Last Updated: Sep 30, 2025

Description	Share	Value
Defence Engineering	63.6%	67.3 Cr
Optics and Optronic Systems	36.4%	38.4 Cr
Total		105.7 Cr

Share Holdings

Understand Paras Defence and Space Tech ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
Munjal Sharad Shah	24.47%
Sharad Virji Shah	15.43%
Abu Dhabi Investment Authority - Monsoon	3.24%
Anish Hemant Mehta	2.91%
Kaajal Harsh Bhansali	2.91%
Ami Munjal Shah	2.51%
Anushka Munjal Shah	2.48%
Jiwanshi Munjal Shah	2.48%
Amit Navin Mahajan	1.43%
Shilpa Amit Mahajan	1.43%
Niranjana Sharad Shah	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAL	Hindustan Aeronautics	2.95 LCr	35.02 kCr	-0.60%	+4.80%	34.89	8.44	-	-
BEL	Bharat Electronics	2.92 LCr	25.85 kCr	-0.90%	+36.80%	51.35	11.31	-	-
DATAPATTNS	Data Patterns (India)	14.96 kCr	958.52 Cr	-9.20%	+7.40%	64.09	15.61	-	-
MTARTECH	MTAR Tech	7.54 kCr	657.19 Cr	-4.00%	+46.20%	168.43	11.47	-	-

Category	PARAS	Aerospace
PE	77.04	45.30
PS	13.42	9.39
Growth	24.8 %	13.3 %

Key Insights

1. PARAS is NOT among the Top 10 largest companies in Aerospace & Defense.
2. The company holds a market share of 0.5% in Aerospace & Defense.
3. In last one year, the company has had an above average growth that other Aerospace & Defense companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022
Revenue From Operations	43.9%	365	254	222	183
Other Income	-4.8%	7.92	8.27	8.22	2.97
Total Income	42.5%	373	262	231	186
Cost of Materials	0.8%	127	126	100	77
Purchases of stock-in-trade	22.2%	34	28	17	5.28
Employee Expense	23.3%	38	31	22	15
Finance costs	26.6%	6.62	5.44	6.72	7.83
Depreciation and Amortization	16.7%	15	13	11	10
Other expenses	18%	60	51	38	34
Total Expenses	30.9%	289	221	184	149
Profit Before exceptional items and Tax	107.5%	84	41	47	37
Total profit before tax	107.5%	84	41	47	37
Current tax	120%	23	11	12	10
Deferred tax	4.9%	-0.93	-1.03	-0.95	-0.6
Total tax	133.3%	22	10	11	9.49
Total profit (loss) for period	106.9%	61	30	36	27
Other comp. income net of taxes	4.5%	-0.28	-0.34	0	0
Total Comprehensive Income	106.9%	61	30	36	27
Earnings Per Share, Basic	125.4%	8.01	4.11	4.625	3.89
Earnings Per Share, Diluted	125.4%	8.01	4.11	4.625	3.89

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	14.1%	106	93	108	86	87	84
Other Income	-7.2%	2.28	2.38	4.05	1.62	1.67	0.58
Total Income	12.6%	108	96	112	87	89	84
Cost of Materials	2.9%	36	35	37	32	30	29
Purchases of stock-in-trade	211%	8.9	3.54	13	7.85	8.46	4.8
Employee Expense	-9.1%	11	12	9.49	10	9.17	8.83
Finance costs	217.6%	1.2	0.83	1.9	0.63	2.56	1.53
Depreciation and Amortization	7%	4.19	3.98	3.8	3.79	3.69	3.65
Other expenses	13.3%	18	16	20	15	13	12
Total Expenses	6.7%	81	76	86	68	71	65
Profit Before exceptional items and Tax	36.8%	27	20	27	19	18	20
Total profit before tax	36.8%	27	20	27	19	18	20
Current tax	99.2%	11	6.02	6.3	6.01	5.65	5.09
Deferred tax	-142.4%	-3.46	-0.84	-0.42	-0.62	-0.19	0.3
Total tax	46.4%	7.12	5.18	5.88	5.39	5.46	5.39
Total profit (loss) for period	38.5%	19	14	21	14	13	14
Other comp. income net of taxes	13.6%	0.05	-0.1	-0.08	-0.03	-0.08	-0.09
Total Comprehensive Income	46.2%	20	14	21	14	13	14
Earnings Per Share, Basic	84.6%	2.56	1.845	2.445	1.87	1.775	1.905
Earnings Per Share, Diluted	84.6%	2.56	1.845	2.445	1.87	1.775	1.905

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022
Revenue From Operations	44.2%	334	232	214	180
Other Income	31.9%	12	9.34	8.33	3.01
Total Income	43.2%	346	242	223	183
Cost of Materials	10.7%	125	113	97	77
Purchases of stock-in-trade	10.5%	22	20	17	4.92
Employee Expense	23.1%	33	27	20	14
Finance costs	58.6%	5.52	3.85	6.21	7.78
Depreciation and Amortization	18.2%	14	12	11	10
Other expenses	20%	55	46	35	33
Total Expenses	31.6%	259	197	176	147
Profit Before exceptional items and Tax	95.5%	87	45	47	36
Total profit before tax	95.5%	87	45	47	36
Current tax	120%	23	11	12	10
Deferred tax	2%	-0.96	-1	-0.94	-0.6
Total tax	133.3%	22	10	11	9.48
Total profit (loss) for period	93.9%	65	34	36	27
Other comp. income net of taxes	-2.2%	-0.39	-0.36	-0.06	-0.01
Total Comprehensive Income	93.9%	65	34	36	27
Earnings Per Share, Basic	113%	8.21	4.385	4.605	3.865
Earnings Per Share, Diluted	113%	8.21	4.385	4.605	3.865

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	18.6%	103	87	90	82	84	78
Other Income	0.6%	2.73	2.72	5.16	2.63	2.59	1.48
Total Income	16.9%	105	90	95	85	87	79
Cost of Materials	2.9%	36	35	39	31	28	27
Purchases of stock-in-trade	3173.3%	5.61	0.85	3.83	5.49	8.02	4.25
Employee Expense	0%	10	10	9.43	8.46	7.83	7.66
Finance costs	44.6%	0.64	0.35	1.88	0.38	2.1	1.16
Depreciation and Amortization	9.2%	3.85	3.61	3.43	3.44	3.36	3.31
Other expenses	14.3%	17	15	18	14	12	11
Total Expenses	8.7%	76	70	73	63	66	58
Profit Before exceptional items and Tax	40%	29	21	23	22	21	21
Total profit before tax	40%	29	21	23	22	21	21
Current tax	99.2%	11	6.02	6.05	5.97	5.61	5.07
Deferred tax	-142.4%	-3.46	-0.84	-0.45	-0.58	-0.24	0.31
Total tax	45.5%	7.08	5.18	5.6	5.39	5.37	5.38
Total profit (loss) for period	50%	22	15	17	17	16	16
Other comp. income net of taxes	0%	-0.1	-0.1	-0.12	-0.09	-0.09	-0.09
Total Comprehensive Income	50%	22	15	17	16	16	16
Earnings Per Share, Basic	92.3%	2.76	1.915	2.11	2.06	2	2.035
Earnings Per Share, Diluted	92.3%	2.76	1.915	2.11	2.06	2	2.035

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-72.7%	10	34	2.36	2.98	3.42	17
Loans, current	0%	12	12	0.19	3.96	11	11
Total current financial assets	7.2%	450	420	278	215	203	203
Inventories	-2%	148	151	155	150	120	93
Total current assets	5.5%	631	598	467	401	349	316
Property, plant and equipment	4.5%	187	179	175	178	151	145
Capital work-in-progress	8.8%	8.42	7.82	10	4.46	9.38	4.52
Investment property	-5.3%	0.6	0.62	0	0	17	17
Goodwill	0%	6.45	6.45	6.45	6.45	6.45	6.45
Non-current investments	3.7%	29	28	18	22	17	12
Loans, non-current	1018.4%	10	0.02	0.03	0.03	0	0.02
Total non-current financial assets	36.1%	50	37	28	42	33	24
Total non-current assets	15%	292	254	226	239	223	205
Total assets	8.3%	923	852	693	640	572	521
Borrowings, non-current	-83.3%	0.78	0.88	1.61	1.43	1.62	0.95
Total non-current financial liabilities	-125%	0.93	1.28	1.61	2.28	1.62	0.95
Provisions, non-current	18.2%	4.7	4.13	3.54	3.04	2.19	2
Total non-current liabilities	-17.4%	20	24	26	26	25	24
Borrowings, current	157.1%	55	22	66	63	38	14
Total current financial liabilities	59.5%	135	85	140	131	75	45
Provisions, current	-9.3%	0.18	0.25	0.15	0.15	0.25	0.25
Current tax liabilities	15.4%	16	14	17	8.48	7.35	7.87
Total current liabilities	23.7%	236	191	197	171	119	83
Total liabilities	19.2%	256	215	223	196	144	107
Equity share capital	0%	40	40	39	39	39	39
Non controlling interest	-41.2%	-5.1	-3.32	-3.24	-1.34	-0.2	0.2
Total equity	4.7%	667	637	470	443	428	413
Total equity and liabilities	8.3%	923	852	693	640	572	521

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-96.6%	2	30	0.1	1.47	1.4	16
Loans, current	-17.6%	15	18	22	23	16	12
Total current financial assets	3.7%	422	407	292	214	201	195
Inventories	-2.1%	142	145	147	141	115	91
Total current assets	3.1%	592	574	458	378	339	303
Property, plant and equipment	4.5%	165	158	154	156	145	140
Capital work-in-progress	33.2%	8.42	6.57	9.39	4.44	8.58	3.81
Investment property	0%	16	16	16	16	17	17
Non-current investments	13.2%	44	39	26	31	26	19
Loans, non-current	760.7%	22	3.44	0.96	0.96	0	0.02
Total non-current financial assets	51%	75	50	35	46	40	31
Total non-current assets	18.5%	296	250	220	230	218	200
Total assets	7.7%	895	831	677	608	557	503
Borrowings, non-current	-	0	0	0.62	0.28	0.3	0
Total non-current financial liabilities	-41.7%	0.15	0.4	1.25	1.13	0.3	0
Provisions, non-current	18.9%	4.65	4.07	3.51	3.02	2.19	2
Total non-current liabilities	-13.6%	20	23	25	25	23	23
Borrowings, current	-	27	0	46	34	25	0
Total current financial liabilities	74.1%	102	59	119	97	60	29
Provisions, current	-13.3%	0.15	0.25	0.15	0.15	0.25	0.25
Current tax liabilities	15.4%	16	14	17	8.42	7.29	7.78
Total current liabilities	20.9%	198	164	174	137	104	67
Total liabilities	16%	218	188	199	161	128	90
Equity share capital	0%	40	40	39	39	39	39
Total equity	5.3%	677	643	478	447	429	413
Total equity and liabilities	7.7%	895	831	677	608	557	503

Finance costs	26.6%
Change in inventories	97%
Depreciation	16.7%
Impairment loss / reversal	-112.8%
Unrealised forex losses/gains	8%
Dividend income	-
Adjustments for interest income	3.6%
Share-based payments	-
Net Cashflows from Operations	277.6%
Income taxes paid (refund)	54.5%
Net Cashflows From Operating Activities	194.5%
Cashflows used in obtaining control of subsidiaries	13.6%
Proceeds from sales of PPE	-6.2%
Purchase of property, plant and equipment	36%
Proceeds from sales of investment property	-
Proceeds from sales of long-term assets	-150%
Cash receipts from repayment of advances and loans made to other parties	-58.1%
Dividends received	-
Interest received	19.8%
Other inflows (outflows) of cash	-343.8%
Net Cashflows From Investing Activities	-3183.2%
Proceeds from changes in ownership interests in subsidiaries	-
Proceeds from issuing shares	25292.3%
Payments to acquire or redeem entity's shares	-
Proceeds from borrowings	-98.8%
Repayments of borrowings	5933.3%
Payments of lease liabilities	-
Interest paid	14.9%
Other inflows (outflows) of cash	14.1%
Net Cashflows from Financing Activities	128.1%
Net change in cash and cash eq.	298.3%

Finance costs	58.6%
Change in inventories	88.8%
Depreciation	18.2%
Impairment loss / reversal	23.7%
Unrealised forex losses/gains	6.8%
Dividend income	-
Adjustments for interest income	90.5%
Share-based payments	-
Net Cashflows from Operations	781.5%
Income taxes paid (refund)	70%
Net Cashflows From Operating Activities	253.7%
Cashflows used in obtaining control of subsidiaries	-111.6%
Proceeds from sales of PPE	-6.2%
Purchase of property, plant and equipment	20.8%
Proceeds from sales of investment property	-
Proceeds from sales of long-term assets	-
Cash receipts from repayment of advances and loans made to other parties	52.6%
Dividends received	-
Interest received	126.3%
Other inflows (outflows) of cash	-343.8%
Net Cashflows From Investing Activities	-277.6%
Proceeds from issuing shares	-
Payments to acquire or redeem entity's shares	-
Proceeds from borrowings	-101.2%
Repayments of borrowings	3502.1%
Payments of lease liabilities	-
Interest paid	45.5%
Other inflows (outflows) of cash	-85.4%
Net Cashflows from Financing Activities	250%
Net change in cash and cash eq.	278.6%

Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test equipment. It also provides diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures for space applications, lens barrels, and ultra-precision manufacturing products; and rugged wired cabinets, shielded doors, honey comb air vents/filters, command and control console/systems, naval electronic time fuse, acoustic and magnetic sensing products, naval chart, other software modules, turnkey indigo simulator systems, transducer positioning systems and platforms, submarine winches, and titanium assemblies. In addition, the company provides high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilization systems, tri-pods and quadri-pods, ARRV winch systems, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged COTS systems, data/video/image processing systems, rugged VME/VPX platforms, and active array radar cooling assemblies, as well as software development and system integration services. Additionally, it offers Electro-Magnetic Pulse (EMP) shielded rooms and control centers, racks and cabinets, shielded doors, anechoic shielded chambers, EMP filters, shielded air vents and windows, EMP hardened products, and turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. The company was incorporated in 2009 and is based in Navi Mumbai, India.

Industry Group:Aerospace & Defense

Employees:418

Website:www.parasdefence.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

PARAS - Paras Defence and Space Technologies Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Paras Defence and Space Technologies Limited do?

Important Disclosure & Data Context

PARAS - Paras Defence and Space Technologies Limited Share Price

PARAS

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

PARAS

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Paras Defence and Space Technologies Limited do?

Important Disclosure & Data Context

PARAS

PARAS