Paras Defence and Space Technologies Limited PARAS NSEAIDEFENCEINFRA
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 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. Paras Defence and Space Technologies Limited was incorporated in 2009 and is based in Navi Mumbai, India
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 29.2% over 5 years.
- Profit CAGR of 34.7% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 75.2.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PARAS Paras Defence and Space Technologies Limited NSEAIDEFENCEINFRA | 819.35 | 75.17 | ₹6,602.92 Cr | 0.06% | 16.29% | 13.14% | 29.24% | 34.69% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 4,076.50 | 34.84 | ₹5.61 L Cr | 0.93% | 14.55% | 16.95% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,804.60 | 30.96 | ₹4.16 L Cr | 0.42% | 11.02% | 15.59% | 22.93% | 34.11% |
| 4 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,303.80 | 31.55 | ₹2.88 L Cr | 1.16% | 13.80% | 23.98% | 7.87% | 16.08% |
| 5 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 38,445.00 | 172.41 | ₹1.71 L Cr | 0.02% | 24.92% | 21.04% | 22.24% | 119.12% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 4,405.00 | - | ₹1.70 L Cr | 0.24% | 15.53% | - | 44.12% | 72.60% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,881.00 | 68.97 | ₹1.63 L Cr | 1.12% | 34.95% | 29.45% | 16.07% | 24.35% |
| 8 | CGPOWER CG Power and Industrial Solutions Limited NSEINFRA | 917.45 | 118.99 | ₹1.44 L Cr | 0.14% | 19.35% | 19.56% | 21.67% | 7.81% |
| 9 | POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA | 9,477.50 | 53.48 | ₹1.43 L Cr | 0.37% | 30.44% | 24.58% | 26.57% | 28.11% |
Quarterly Results
Figures in INR.
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 108.23 Cr | 93.19 Cr | 105.72 Cr | 106.35 Cr | 171.31 Cr |
| Cost of Revenue | 50.09 Cr | 43.54 Cr | 46.70 Cr | 58.12 Cr | 90.24 Cr |
| Gross Profit | 58.14 Cr | 49.65 Cr | 59.02 Cr | 48.23 Cr | 81.07 Cr |
| Operating Expenses | 33.65 Cr | 31.68 Cr | 33.52 Cr | 26.40 Cr | 42.86 Cr |
| Operating Income | 24.49 Cr | 17.97 Cr | 25.50 Cr | 21.83 Cr | 38.21 Cr |
| EBITDA | 32.41 Cr | 24.26 Cr | 31.97 Cr | 28.49 Cr | 54.56 Cr |
| Interest Expense | 1.90 Cr | 83.00 L | 1.20 Cr | 90.00 L | 1.73 Cr |
| Pretax Income | 26.71 Cr | 19.45 Cr | 26.58 Cr | 23.20 Cr | 48.44 Cr |
| Tax Provision | 5.88 Cr | 5.18 Cr | 7.12 Cr | 6.35 Cr | 9.56 Cr |
| Net Income | 19.72 Cr | 14.87 Cr | 20.64 Cr | 18.21 Cr | 34.38 Cr |
| Diluted EPS | 2.45 | 1.84 | 2.56 | 2.26 | 4.27 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 220.75 Cr | 253.46 Cr | 364.66 Cr | 476.57 Cr |
| Cost of Revenue | - | 118.78 Cr | 140.75 Cr | 170.23 Cr | 238.60 Cr |
| Gross Profit | - | 101.96 Cr | 112.70 Cr | 194.43 Cr | 237.97 Cr |
| Operating Expenses | - | 53.80 Cr | 70.81 Cr | 112.15 Cr | 134.46 Cr |
| Operating Income | - | 48.17 Cr | 41.89 Cr | 82.28 Cr | 103.51 Cr |
| EBITDA | - | 63.10 Cr | 57.37 Cr | 105.16 Cr | 139.28 Cr |
| Interest Expense | - | 4.98 Cr | 3.54 Cr | 6.62 Cr | 4.66 Cr |
| Pretax Income | - | 46.84 Cr | 40.47 Cr | 83.61 Cr | 117.67 Cr |
| Tax Provision | - | 10.90 Cr | 10.43 Cr | 22.12 Cr | 28.21 Cr |
| Net Income | - | 36.06 Cr | 32.06 Cr | 63.47 Cr | 88.10 Cr |
| Diluted EPS | - | 4.62 | 4.11 | 8.01 | 10.93 |
Compounded Sales Growth
| 5 Years: | 29.24% |
| 1 Year: | 57.90% |
Compounded Profit Growth
| 5 Years: | 34.69% |
| 1 Year: | 74.60% |
Stock Price Performance
| 1 Year: | +0.85% |
| 6 Months: | +15.33% |
| 3 Months: | +29.51% |
| 1 Month: | +3.16% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 520.54 Cr | 639.73 Cr | 851.96 Cr | 964.70 Cr |
| Current Assets | - | 315.08 Cr | 401.03 Cr | 598.43 Cr | 689.82 Cr |
| Cash & Equivalents | - | 17.11 Cr | 2.98 Cr | 34.47 Cr | 25.35 Cr |
| Inventory | - | 93.39 Cr | 150.21 Cr | 150.85 Cr | 159.62 Cr |
| Receivables | - | 149.87 Cr | 197.94 Cr | 294.78 Cr | 362.96 Cr |
| Total Liabilities | - | 107.09 Cr | 196.45 Cr | 215.34 Cr | 239.51 Cr |
| Current Liabilities | - | 82.95 Cr | 170.73 Cr | 191.01 Cr | 213.88 Cr |
| Long Term Debt | - | 94.58 L | 1.43 Cr | 87.57 L | 68.00 L |
| Total Debt | - | 14.62 Cr | 65.80 Cr | 24.02 Cr | 27.06 Cr |
| Total Equity | - | 413.25 Cr | 444.61 Cr | 639.94 Cr | 725.44 Cr |
| Shares Outstanding | - | 7.80 Cr | 7.80 Cr | 8.06 Cr | 8.06 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 45.73 Cr | -45.54 Cr | 44.82 Cr | 24.61 Cr |
| Investing Cash Flow | - | 9.63 Cr | -1.69 Cr | -86.99 Cr | -17.24 Cr |
| Financing Cash Flow | - | -40.69 Cr | 33.10 Cr | 73.66 Cr | -16.63 Cr |
| Capital Expenditure | - | -25.33 Cr | -26.01 Cr | -35.23 Cr | -37.78 Cr |
| Free Cash Flow | - | 20.40 Cr | -71.55 Cr | 9.59 Cr | -13.17 Cr |
| Net Change in Cash | - | 14.67 Cr | -14.12 Cr | 31.49 Cr | -9.26 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 46.2% | 44.5% | 53.3% | 49.9% |
| Operating Margin % | - | 21.8% | 16.5% | 22.6% | 21.7% |
| Net Margin % | - | 16.3% | 12.6% | 17.4% | 18.5% |
| ROE % | - | 8.7% | 7.2% | 9.9% | 12.1% |
| ROCE % | - | 11.0% | 8.9% | 12.4% | 13.8% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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