PARAS - Paras Defence and Space Technologies Limited Share Price

Aerospace & Defense

₹1636.00+3.60(+0.22%)

Market Closed as of Jun 17, 2025, 15:30 IST

What does Paras Defence and Space Technologies Limited do?

Aerospace & Defense•Capital Goods•Small Cap

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

Description	Share	Value
Optics and Optronic Systems	50.9%	55.1 Cr
Defence Engineering	49.1%	53.1 Cr
Total		108.2 Cr

Pros

Growth: Awesome revenue growth! Revenue grew 42.3% over last year and 100.8% in last three years on TTM basis.

Balance Sheet: Strong Balance Sheet.

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

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

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

Momentum: Stock has a weak negative price momentum.

Insider Trading: Significant insider selling noticed recently.

Dividend: Stock hasn't been paying any dividend.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: PARAS vs Aerospace & Defense

Comprehensive comparison against sector averages

Comparative Metrics

PARAS metrics compared to Aerospace

Category	PARAS	Aerospace
PE	106.81	52.48
PS	17.63	11.17
Growth	42.3 %	10 %

Performance Comparison

PARAS vs Aerospace (2022 - 2025)

Key Insights

1. PARAS is among the Top 10 Aerospace & Defense companies but not in Top 5.
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.

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

As of 2025-05-26

Shareholder Name	Holding %
Munjal Sharad Shah	24.47%
Sharad Virji Shah	15.82%
Abu Dhabi Investment Authority - Monsoon	3.51%
Kaajal Harsh Bhansali	2.99%
Anish Hemant Mehta	2.99%
Ami Munjal Shah	2.51%
Anushka Munjal Shah	2.48%
Jiwanshi Munjal Shah	2.48%
Amit Navin Mahajan	1.47%
Shilpa Amit Mahajan	1.47%
LLP	0.41%
Niranjana Sharad Shah	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Valuation
Market Cap	6.59 kCr
Price/Earnings (Trailing)	107.21
Price/Sales (Trailing)	17.69
EV/EBITDA	62.6
Price/Free Cashflow	687.39
MarketCap/EBT	78.87

Fundamentals
Revenue (TTM)	372.58 Cr
Rev. Growth (Yr)	31.83%
Rev. Growth (Qtr)	28.48%
Earnings (TTM)	61.49 Cr
Earnings Growth (Yr)	116.98%
Earnings Growth (Qtr)	50.4%

Profitability
Operating Margin	22.43%
EBT Margin	22.43%
Return on Equity	9.66%
Return on Assets	7.22%
Free Cashflow Yield	0.15%

Cash Flow for Paras Defence and Space Tech

Consolidated figures (in Rs. Crores) / View Standalone Data

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%

Standalone figures (in Rs. Crores) / View Consolidated Data

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%

Income Statement for Paras Defence and Space Tech

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	9.9%	90	82	84	78	65	63
Other Income	155.2%	5.16	2.63	2.59	1.48	6.15	0.94
Total Income	11.9%	95	85	87	79	71	64
Cost of Materials	26.7%	39	31	28	27	33	46
Purchases of stock-in-trade	-37%	3.83	5.49	8.02	4.25	8.21	1.57
Employee Expense	13%	9.43	8.46	7.83	7.66	7.27	6.84
Finance costs	241.9%	1.88	0.38	2.1	1.16	1.68	1.06
Depreciation and Amortization	-0.4%	3.43	3.44	3.36	3.31	3.08	3.03
Other expenses	30.8%	18	14	12	11	14	13
Total Expenses	16.1%	73	63	66	58	59	53
Profit Before exceptional items and Tax	4.8%	23	22	21	21	13	10
Total profit before tax	4.8%	23	22	21	21	13	10
Current tax	1.6%	6.05	5.97	5.61	5.07	2.15	3.35
Deferred tax	8.2%	-0.45	-0.58	-0.24	0.31	0.06	-0.59
Total tax	4.8%	5.6	5.39	5.37	5.38	2.21	2.76
Total profit (loss) for period	0%	17	17	16	16	10	7.6
Other comp. income net of taxes	-2.8%	-0.12	-0.09	-0.09	-0.09	-0.32	-0.01
Total Comprehensive Income	6.7%	17	16	16	16	10	7.59
Earnings Per Share, Basic	3.2%	4.22	4.12	4	4.07	2.65	1.95
Earnings Per Share, Diluted	3.2%	4.22	4.12	4	4.07	2.65	1.95

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	98.5%	16.42	8.77	9.21	7.73
Earnings Per Share, Diluted	98.5%	16.42	8.77	9.21	7.73

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	25.9%	108	86	87	84	80	64
Other Income	391.9%	4.05	1.62	1.67	0.58	5.48	0.75
Total Income	29.1%	112	87	89	84	85	65
Cost of Materials	16.1%	37	32	30	29	41	46
Purchases of stock-in-trade	75.2%	13	7.85	8.46	4.8	15	1.74
Employee Expense	-5.7%	9.49	10	9.17	8.83	8.26	7.71
Finance costs	343.2%	1.9	0.63	2.56	1.53	2.26	1.51
Depreciation and Amortization	0.4%	3.8	3.79	3.69	3.65	3.39	3.34
Other expenses	35.7%	20	15	13	12	16	14
Total Expenses	26.9%	86	68	71	65	73	57
Profit Before exceptional items and Tax	44.4%	27	19	18	20	12	8.34
Total profit before tax	44.4%	27	19	18	20	12	8.34
Current tax	5.8%	6.3	6.01	5.65	5.09	2.18	3.36
Deferred tax	12.3%	-0.42	-0.62	-0.19	0.3	0.33	-0.86
Total tax	11.2%	5.88	5.39	5.46	5.39	2.51	2.5
Total profit (loss) for period	53.8%	21	14	13	14	9.6	5.86
Other comp. income net of taxes	-4.9%	-0.08	-0.03	-0.08	-0.09	-0.31	-0.01
Total Comprehensive Income	53.8%	21	14	13	14	9.29	5.85
Earnings Per Share, Basic	42%	4.89	3.74	3.55	3.81	2.56	1.71
Earnings Per Share, Diluted	42%	4.89	3.74	3.55	3.81	2.56	1.71

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	108%	16.02	8.22	9.25	7.78
Earnings Per Share, Diluted	108%	16.02	8.22	9.25	7.78

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAL	Hindustan AeronauticsAerospace & Defense	3.37 LCr	34.52 kCr	-1.65%	-3.02%	38.79	9.77	+14.42%	+41.55%
BEL	Bharat ElectronicsAerospace & Defense	2.94 LCr	23.96 kCr	+10.39%	+29.75%	58.82	12.26	+28.15%	+39.82%
DATAPATTNS	Data Patterns (India)Aerospace & Defense	16.88 kCr	542.43 Cr	+5.11%	+2.68%	94.38	31.12	-3.17%	+7.76%
MTARTECH	MTAR TechAerospace & Defense	5.21 kCr	641.38 Cr	+3.48%	-9.10%	118.28	8.12	-0.43%	-46.50%

Investor Care
Shares Dilution (1Y)	3.32%
Diluted EPS (TTM)	15.99

Financial Health
Current Ratio	3.13
Debt/Equity	0.04
Debt/Cashflow	1.94

Balance Sheet for Paras Defence and Space Tech

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	3322.2%	30	0.1	1.47	1.4	16	0.42
Loans, current	-19%	18	22	23	16	12	11
Total current financial assets	39.5%	407	292	214	201	195	208
Inventories	-1.4%	145	147	141	115	91	81
Total current assets	25.4%	574	458	378	339	303	307
Property, plant and equipment	2.6%	158	154	156	145	140	133
Capital work-in-progress	-33.6%	6.57	9.39	4.44	8.58	3.81	2.18
Investment property	0%	16	16	16	17	17	17
Non-current investments	52%	39	26	31	26	19	11
Loans, non-current	6200%	3.44	0.96	0.96	0	0.02	0
Total non-current financial assets	44.1%	50	35	46	40	31	13
Total non-current assets	13.7%	250	220	230	218	200	166
Total assets	22.8%	831	677	608	557	503	475
Borrowings, non-current	-163.2%	0	0.62	0.28	0.3	0	0
Total non-current financial liabilities	-340%	0.4	1.25	1.13	0.3	0	0.11
Provisions, non-current	22.3%	4.07	3.51	3.02	2.19	2	1.84
Total non-current liabilities	-8.3%	23	25	25	23	23	23
Borrowings, current	-102.2%	0	46	34	25	0	29
Total current financial liabilities	-50.8%	59	119	97	60	29	48
Provisions, current	11.8%	0.25	0.15	0.15	0.25	0.25	0.45
Current tax liabilities	-18.8%	14	17	8.42	7.29	7.78	6.89
Total current liabilities	-5.8%	164	174	137	104	67	57
Total liabilities	-5.6%	188	199	161	128	90	81
Equity share capital	2.6%	40	39	39	39	39	39
Total equity	34.6%	643	478	447	429	413	394
Total equity and liabilities	22.8%	831	677	608	557	503	475

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	2326.5%	34	2.36	2.98	3.42	17	1.16
Loans, current	1458%	12	0.19	3.96	11	11	11
Total current financial assets	51.3%	420	278	215	203	203	210
Inventories	-2.6%	151	155	150	120	93	83
Total current assets	28.1%	598	467	401	349	316	313
Property, plant and equipment	2.3%	179	175	178	151	145	134
Capital work-in-progress	-24.2%	7.82	10	4.46	9.38	4.52	2.18
Investment property	-	0.62	0	0	17	17	17
Goodwill	0%	6.45	6.45	6.45	6.45	6.45	0
Non-current investments	58.8%	28	18	22	17	12	10
Loans, non-current	-1%	0.02	0.03	0.03	0	0.02	0
Total non-current financial assets	33.3%	37	28	42	33	24	12
Total non-current assets	12.4%	254	226	239	223	205	167
Total assets	23%	852	693	640	572	521	481
Borrowings, non-current	-119.7%	0.88	1.61	1.43	1.62	0.95	0
Total non-current financial liabilities	-54.1%	1.28	1.61	2.28	1.62	0.95	0.11
Provisions, non-current	23.2%	4.13	3.54	3.04	2.19	2	1.84
Total non-current liabilities	-8%	24	26	26	25	24	23
Borrowings, current	-67.7%	22	66	63	38	14	34
Total current financial liabilities	-39.6%	85	140	131	75	45	55
Provisions, current	11.8%	0.25	0.15	0.15	0.25	0.25	0.45
Current tax liabilities	-18.8%	14	17	8.48	7.35	7.87	6.92
Total current liabilities	-3.1%	191	197	171	119	83	65
Total liabilities	-3.6%	215	223	196	144	107	88
Equity share capital	2.6%	40	39	39	39	39	39
Non controlling interest	-1.9%	-3.32	-3.24	-1.34	-0.2	0.2	-0.24
Total equity	35.6%	637	470	443	428	413	393
Total equity and liabilities	23%	852	693	640	572	521	481

PARAS - Paras Defence and Space Technologies Limited Share Price

What does Paras Defence and Space Technologies Limited do?

Revenue Breakdown

Sector Comparison: PARAS vs Aerospace & Defense

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Cash Flow for Paras Defence and Space Tech

Income Statement for Paras Defence and Space Tech

Is Paras Defence and Space Tech Better than it's peers?

Investor Care

Financial Health

Balance Sheet for Paras Defence and Space Tech