Paras Defence and Space Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 17.2%)
- Virtually debt-free
Concerns
- Premium to sector peers (P/E 123x vs industry 48.4x)
- High premium to book value (P/B 10.3x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,856 | ₹3.2L Cr | 34.8 | 7.91 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹405 | ₹3.0L Cr | 48.2 | 12.36 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹475 −0.03% | ₹1.7L Cr | 22.7 | 10.71 | 34 | 35.9 | 0.44 |
| ABB ABB India Limited | ₹7,410 | ₹1.6L Cr | 102 | 16.8 | 22.4 | 29.9 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹431 | ₹1.5L Cr | 61.7 | 5.74 | 6.23 | 9.14 | 0.45 |
| SIEMENS Siemens Limited | ₹3,977 | ₹1.4L Cr | 94.2 | 10.22 | 19.2 | 21.4 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹891 | ₹1.4L Cr | 110 | 17.61 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PARAS · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.94% | 58.94% | 58.94% | 58.94% | 57.05% | 57.05% |
| FII | 0.49% | 0.13% | 2.97% | 3.46% | 4.84% | 5.24% |
| DII | 2.73% | 2.75% | 0.07% | 0.63% | 1.48% | 1.54% |
| Public | 37.84% | 38.18% | 38.00% | 36.96% | 36.61% | 36.16% |
Corporate Events
Dividend - Re 1 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Re 0.50 Per Share
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
Annual General Meeting
Annual General Meeting
Latest News
All newsParas Defence to present at Motilal Oswal investor conference
*Paras Defence to present at Motilal Oswal investor conference*. The company will participate in the 22nd Annual Global Investor Conference, engaging with analysts and institutional investors. This event offers visibility but no new operational or financial updates. **No immediate financial disclosure** or strategic change announced. 📊 *STOCKS:* $PARASDEFENCE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BrokerCall
Paras Defence to present at Citi's India Industrials Access Day
*Paras Defence to present at Citi's India Industrials Access Day.* The company's management will engage analysts and institutional investors in Singapore and Hong Kong. This event offers visibility but no immediate financial updates. Key details on strategy or guidance may emerge, though no major announcements are expected. 📊 *STOCKS:* PARAS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ConCall
Paras Defence to present at defence investor conference
*Paras Defence to present at defence investor conference* — Management of **PARAS** will participate in a defence-focused investor meet on **June 25, 2026**, at Trident BKC, Mumbai. The event, hosted by PL Capital, highlights growth in the defence sector. No financial updates or major announcements were disclosed. 📊 *STOCKS:* PARAS | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹171 Cr 61.3% | ₹106 Cr 0.0% | ₹106 Cr 14.0% | ₹93 Cr 13.9% | ₹108 Cr 25.6% | ₹86 Cr 1.1% | ₹87 Cr 3.6% | ₹84 Cr |
| Op. Profit | ₹43 Cr 65.4% | ₹26 Cr 13.3% | ₹30 Cr 36.4% | ₹22 Cr 21.4% | ₹28 Cr 27.3% | ₹22 Cr 4.3% | ₹23 Cr 4.2% | ₹24 Cr |
| OPM | 25.0% 0.0% | 25.0% 10.7% | 28.0% 21.7% | 23.0% 11.5% | 26.0% 0.0% | 26.0% 0.0% | 26.0% 10.3% | 29.0% |
| Net Profit | ₹39 Cr 129.4% | ₹17 Cr 10.5% | ₹19 Cr 35.7% | ₹14 Cr 33.3% | ₹21 Cr 50.0% | ₹14 Cr 7.7% | ₹13 Cr 7.1% | ₹14 Cr |
| EPS (₹) | 4.27 88.9% | 2.26 11.7% | 2.56 39.1% | 1.84 24.9% | 2.45 31.0% | 1.87 5.1% | 1.78 6.3% | 1.9 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹477 Cr 30.7% | ₹365 Cr 43.7% | ₹254 Cr 14.4% | ₹222 Cr 21.3% | ₹183 Cr 28.0% | ₹143 Cr 2.7% | ₹147 Cr 4.5% | ₹154 Cr |
| Expenses | ₹354 Cr 33.6% | ₹265 Cr 32.5% | ₹200 Cr 21.2% | ₹165 Cr 26.9% | ₹130 Cr 31.3% | ₹99 Cr 7.5% | ₹107 Cr 3.6% | ₹111 Cr |
| Op. Profit | ₹122 Cr 22.0% | ₹100 Cr 88.7% | ₹53 Cr 8.6% | ₹58 Cr 11.5% | ₹52 Cr 18.2% | ₹44 Cr 10.0% | ₹40 Cr 7.0% | ₹43 Cr |
| OPM | 26.0% 3.7% | 27.0% 28.6% | 21.0% 19.2% | 26.0% 10.3% | 29.0% 6.5% | 31.0% 14.8% | 27.0% 3.6% | 28.0% |
| Other Income | ₹19 Cr 137.5% | ₹8 Cr 0.0% | ₹8 Cr 0.0% | ₹8 Cr 166.7% | ₹3 Cr 200.0% | ₹1 Cr 50.0% | ₹2 Cr 33.3% | ₹3 Cr |
| Interest | ₹7 Cr 22.2% | ₹9 Cr 12.5% | ₹8 Cr 0.0% | ₹8 Cr 0.0% | ₹8 Cr 38.5% | ₹13 Cr 30.0% | ₹10 Cr 0.0% | ₹10 Cr |
| Depreciation | ₹17 Cr 13.3% | ₹15 Cr 15.4% | ₹13 Cr 18.2% | ₹11 Cr 10.0% | ₹10 Cr 0.0% | ₹10 Cr 0.0% | ₹10 Cr 11.1% | ₹9 Cr |
| PBT | ₹118 Cr 40.5% | ₹84 Cr 110.0% | ₹40 Cr 14.9% | ₹47 Cr 27.0% | ₹37 Cr 60.9% | ₹23 Cr 4.5% | ₹22 Cr 18.5% | ₹27 Cr |
| Tax % | 24.0% 7.7% | 26.0% 0.0% | 26.0% 13.0% | 23.0% 11.5% | 26.0% 13.3% | 30.0% 200.0% | 10.0% 65.5% | 29.0% |
| Net Profit | ₹89 Cr 45.9% | ₹61 Cr 103.3% | ₹30 Cr 16.7% | ₹36 Cr 33.3% | ₹27 Cr 68.8% | ₹16 Cr 20.0% | ₹20 Cr 5.3% | ₹19 Cr |
| EPS (₹) | 10.93 38.9% | 7.87 91.5% | 4.11 11.0% | 4.62 33.1% | 3.47 31.9% | 2.63 24.0% | 3.46 79.2% | 16.64 |
| Div Payout | 5.0% 16.7% | 6.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||
| Equity Capital | ₹40 Cr 0.0% | ₹40 Cr 2.6% | ₹39 Cr 0.0% | ₹39 Cr 0.0% | ₹39 Cr 30.0% | ₹30 Cr 7.1% | ₹28 Cr 366.7% | ₹6 Cr |
| Reserves | ₹685 Cr 14.2% | ₹600 Cr 47.8% | ₹406 Cr 8.6% | ₹374 Cr 10.3% | ₹339 Cr 91.5% | ₹177 Cr 22.9% | ₹144 Cr 2.0% | ₹147 Cr |
| Borrowings | ₹27 Cr 12.5% | ₹24 Cr 63.6% | ₹66 Cr 340.0% | ₹15 Cr 51.6% | ₹31 Cr 70.8% | ₹106 Cr 2.9% | ₹103 Cr 21.2% | ₹85 Cr |
| Other Liabilities | ₹212 Cr 12.8% | ₹188 Cr 45.7% | ₹129 Cr 38.7% | ₹93 Cr 93.8% | ₹48 Cr 4.0% | ₹50 Cr 24.2% | ₹66 Cr 28.3% | ₹92 Cr |
| Total Liabilities | ₹964 Cr 13.1% | ₹852 Cr 33.1% | ₹640 Cr 23.1% | ₹520 Cr 13.5% | ₹458 Cr 26.2% | ₹363 Cr 6.1% | ₹342 Cr 3.6% | ₹330 Cr |
Assets | ||||||||
| Fixed Assets | ₹191 Cr 0.5% | ₹190 Cr 2.2% | ₹186 Cr 9.4% | ₹170 Cr 10.4% | ₹154 Cr 1.9% | ₹157 Cr 0.6% | ₹158 Cr 6.0% | ₹168 Cr |
| CWIP | ₹16 Cr 45.5% | ₹11 Cr 175.0% | ₹4 Cr 20.0% | ₹5 Cr | ₹0 Cr 100.0% | ₹1 Cr 80.0% | ₹5 Cr 66.7% | ₹3 Cr |
| Investments | ₹33 Cr 17.9% | ₹28 Cr 27.3% | ₹22 Cr 83.3% | ₹12 Cr 200.0% | ₹4 Cr 300.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹725 Cr 16.4% | ₹623 Cr 45.9% | ₹427 Cr 27.5% | ₹335 Cr 11.7% | ₹300 Cr 47.1% | ₹204 Cr 13.3% | ₹180 Cr 13.2% | ₹159 Cr |
| Total Assets | ₹964 Cr 13.1% | ₹852 Cr 33.1% | ₹640 Cr 23.1% | ₹520 Cr 13.5% | ₹458 Cr 26.2% | ₹363 Cr 6.1% | ₹342 Cr 3.6% | ₹330 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹25 Cr 44.4% | ₹45 Cr 197.8% | ₹-46 Cr 200.0% | ₹46 Cr 283.3% | ₹12 Cr 200.0% | ₹4 Cr 233.3% | ₹-3 Cr | — |
| Investing CF | ₹-17 Cr 80.5% | ₹-87 Cr 4250.0% | ₹-2 Cr 120.0% | ₹10 Cr 113.0% | ₹-77 Cr 1183.3% | ₹-6 Cr 20.0% | ₹-5 Cr | — |
| Financing CF | ₹-17 Cr 123.0% | ₹74 Cr 124.2% | ₹33 Cr 180.5% | ₹-41 Cr 165.1% | ₹63 Cr 1160.0% | ₹5 Cr 44.4% | ₹9 Cr | — |
| Net Cash Flow | ₹-9 Cr 129.0% | ₹31 Cr 321.4% | ₹-14 Cr 193.3% | ₹15 Cr 850.0% | ₹-2 Cr 166.7% | ₹3 Cr 200.0% | ₹1 Cr | — |
| Free Cash Flow | ₹-10 Cr 200.0% | ₹10 Cr 114.1% | ₹-71 Cr 422.7% | ₹22 Cr 266.7% | ₹6 Cr 700.0% | ₹-1 Cr 85.7% | ₹-7 Cr | — |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 278d 5.8% | 295d 3.5% | 285d 15.9% | 246d 0.0% | 246d 1.7% | 242d 0.0% | 242d 22.8% | 197d |
| Inventory Days | 244d 24.5% | 323d 29.0% | 455d 40.4% | 324d 9.1% | 297d 28.9% | 418d 38.0% | 303d 7.8% | 281d |
| Days Payable | 88d 24.8% | 117d 36.8% | 185d 105.6% | 90d 32.4% | 68d 20.9% | 86d 36.8% | 136d 41.4% | 232d |
| Cash Conv. Cycle | 435d 13.2% | 501d 9.7% | 555d 15.9% | 479d 0.8% | 475d 17.1% | 573d 39.8% | 410d 66.7% | 246d |
| Working Capital Days | 273d 8.1% | 297d 5.7% | 315d 0.0% | 315d 4.5% | 330d 48.0% | 223d 37.7% | 162d 48.6% | 109d |
| ROCE | 17.0% 6.3% | 16.0% 60.0% | 10.0% 23.1% | 13.0% 8.3% | 12.0% 0.0% | 12.0% 7.7% | 13.0% | — |
Source: Screener.in · Lower days = better efficiency