Paras Defence and Space Technologies Ltd

AI
Paras Defence Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Paras Defence and Space Technologies Ltd

₹ 1,259 -5.29%
30 Oct 11:37 a.m.
parasdefence.com BSE: 543367 NSE: PARAS
About

Paras Defence and Space Technologies (PDST) is an Private sector company primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions.[1]

Key Points

Market Leadership[1]
The company is one of India’s leading players in the defence and space sector.

It is the only manufacturer of submarine periscopes in the Asia Pacific and the sole Indian private firm producing indigenous hyper-spectral cameras for space missions. Additionally, the company is the only domestic provider of turnkey electromagnetic protection solutions and has pioneered a unique border defence system in collaboration with DRDO to enhance soldier safety. [2]

Website BSE NSE
  • Market Cap ₹ 10,148 Cr.
  • Current Price ₹ 1,259
  • High / Low ₹ 1,585 / 580
  • Stock P/E 99.4
  • Book Value ₹ 95.6
  • Dividend Yield 0.08 %
  • ROCE 17.2 %
  • ROE 12.4 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 40.0% CAGR over last 5 years

Cons

  • Stock is trading at 13.2 times its book value
  • Company has a low return on equity of 10.8% over last 3 years.
  • Company has high debtors of 278 days.
  • Promoter holding has decreased over last 3 years: -5.74%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Aerospace & Defense Aerospace & Defense

Part of BSE India Defence Nifty Smallcap 500 Nifty Total Market Nifty India Defence Nifty Microcap 250

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
61 64 80 84 87 86 108 93 106 106 171 128 151
46 52 67 59 64 64 80 71 76 80 129 96 107
Operating Profit 16 12 12 24 23 22 28 22 30 26 43 32 45
OPM % 25% 19% 15% 29% 26% 26% 26% 23% 28% 25% 25% 25% 29%
1 1 6 1 2 2 4 2 2 2 12 2 2
Interest 1 2 2 2 3 1 2 1 1 1 2 1 1
Depreciation 3 3 3 4 4 4 4 4 4 4 4 4 5
Profit before tax 12 8 12 20 18 19 27 19 27 23 48 28 41
Tax % 28% 30% 21% 28% 30% 28% 22% 27% 27% 27% 20% 26% 25%
9 6 10 14 13 14 21 14 19 17 39 21 31
EPS in Rs 1.21 0.85 1.28 1.90 1.78 1.87 2.45 1.84 2.56 2.26 4.27 2.63 3.76
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
154 147 143 183 222 254 365 477 557
111 107 99 130 165 200 265 354 411
Operating Profit 43 40 44 52 58 53 100 122 145
OPM % 28% 27% 31% 29% 26% 21% 27% 26% 26%
3 2 1 3 8 8 8 19 18
Interest 10 10 13 8 8 8 9 7 5
Depreciation 9 10 10 10 11 13 15 17 18
Profit before tax 27 22 23 37 47 40 84 118 140
Tax % 29% 10% 30% 26% 23% 26% 26% 24%
19 20 16 27 36 30 61 89 107
EPS in Rs 3.33 3.46 2.63 3.47 4.62 4.11 7.87 10.93 12.92
Dividend Payout % 0% 0% 0% 0% 0% 0% 6% 5%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 29%
TTM: 42%
Compounded Profit Growth
10 Years: %
5 Years: 40%
3 Years: 33%
TTM: 45%
Stock Price CAGR
10 Years: %
5 Years: 23%
3 Years: 57%
1 Year: 88%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 11%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 6 28 30 39 39 39 40 40 40
Reserves 147 144 177 339 374 406 600 685 730
85 103 106 31 15 66 24 27 31
92 66 50 48 93 129 188 212 290
Total Liabilities 330 342 363 458 520 640 852 964 1,091
168 158 157 154 170 186 190 191 227
CWIP 3 5 1 0 5 4 11 16 8
Investments 0 0 1 4 12 22 28 33 33
159 180 204 300 335 427 623 725 822
Total Assets 330 342 363 458 520 640 852 964 1,091

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-3 4 12 46 -46 45 25
-5 -6 -77 10 -2 -87 -17
9 5 63 -41 33 74 -17
Net Cash Flow 1 3 -2 15 -14 31 -9
Free Cash Flow -7 -1 6 22 -71 10 -10
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 11% 25% 44% 96% -63% 63% 48%

Ratios

Consolidated / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 197 242 242 246 246 285 295 278
Inventory Days 281 303 418 297 324 455 323 244
Days Payable 232 136 86 68 90 185 117 88
Cash Conversion Cycle 246 410 573 475 479 555 501 435
Working Capital Days 109 162 223 330 315 315 297 273
ROCE % 13% 12% 12% 13% 10% 16% 17%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Closing Order Book
Rs Crore

Log in to view insights

Please log in to see hidden values.

Login
Export Share of Revenue
% ・Standalone data
Optics & Optronic Systems Revenue Share
%
R&D Team Size
count ・Standalone data
Number of Subsidiaries
count
Total Workforce
count ・Standalone data
Fresh Order Inflow
Rs Crore
Top Customer Concentration in Order Book
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
58.94% 58.94% 58.94% 58.94% 57.05% 57.05% 53.74% 53.20% 53.20% 53.20% 53.20% 53.20%
0.49% 0.13% 2.97% 3.46% 4.84% 5.24% 6.85% 5.70% 4.92% 5.06% 8.29% 7.48%
2.73% 2.75% 0.07% 0.63% 1.48% 1.54% 1.94% 1.46% 1.28% 1.24% 3.04% 4.62%
37.84% 38.18% 38.00% 36.96% 36.61% 36.16% 37.46% 39.64% 40.61% 40.52% 35.46% 34.70%
No. of Shareholders 2,53,4622,59,3352,96,5013,04,2293,10,2943,10,8343,35,0753,70,5083,69,1013,76,8133,36,4423,43,483

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls

  • Feb 2026
    Transcript
    AI Summary
    PPT
  • Jun 2025
    Transcript
    AI Summary
    PPT
  • Apr 2025
    Transcript
    AI Summary
    PPT
  • Jun 2024
    Transcript
    AI Summary
    PPT
  • Sep 2023
    Transcript
    AI Summary
    PPT
  • Aug 2022
    Transcript
    AI Summary
    PPT