₹1,177.2
▼ -27.96 -2.32%
As of 23 Oct 2026 · delayed
NSE Listed
Paras Defence and Space Technologies Ltd. (PARAS)
Volume: 8,11,336Avg Vol 1W: 6,64,950.4Avg Vol 1M: 5,79,286.9552W Range:₹580.5₹1,585
Key Ratios
Checked 22h agoMarket Cap₹9,487 Cr
Current Price₹1,177.2
Previous Close₹1,205.16
High / Low (52w)₹1,585 / ₹580.5
Volume8,11,336
Avg Vol (1W)6,64,950.4
Avg Vol (1M)5,79,286.95
Stock P/E60.84
Book Value₹148.44
Dividend Yield—
ROE12.3%
ROA—
Revenue (TTM)₹373 Cr
Revenue Growth—
Profit Margin—
Total Debt₹1 Cr
Shares Outstanding—
Face Value₹5
EPS (TTM)₹15.26
P/B6.46
Debt / Equity0.09
50 DMA₹1,366.09
200 DMA₹1,011.83
Day change-2.32%
Price Chart
₹1,177.2▲ 62.47% · 1Y
2025-10-272026-10-23
20-day avg volume: 5.8L shares
Pros
- Company is almost debt-free.
- Net profit is growing year over year.
Cons
- Stock trades at a high P/E of 61.
Quarterly Results
| Metric | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹87 Cr | ₹86 Cr | ₹108 Cr | ₹93 Cr | ₹106 Cr | ₹106 Cr | ₹171 Cr | ₹128 Cr |
| EBITDA | ₹21 Cr | ₹20 Cr | ₹29 Cr | ₹20 Cr | ₹28 Cr | ₹24 Cr | ₹47 Cr | ₹29 Cr |
| Net Profit | ₹14 Cr | ₹15 Cr | ₹20 Cr | ₹15 Cr | ₹21 Cr | ₹18 Cr | ₹34 Cr | ₹21 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹373 Cr | ₹90 Cr | ₹87 Cr | ₹103 Cr | ₹101 Cr | ₹126 Cr | ₹493 Cr | ₹118 Cr |
| EBITDA | ₹90 Cr | ₹25 Cr | ₹21 Cr | ₹30 Cr | ₹26 Cr | ₹36 Cr | ₹119 Cr | ₹29 Cr |
| Net Profit | ₹63 Cr | ₹17 Cr | ₹15 Cr | ₹22 Cr | ₹20 Cr | ₹26 Cr | ₹88 Cr | ₹21 Cr |
| EPS | 8.01 | — | — | — | — | — | 10.93 | — |
Balance Sheet
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹330 Cr | ₹342 Cr | ₹363 Cr | ₹458 Cr | ₹521 Cr | ₹640 Cr | ₹852 Cr | ₹965 Cr |
| Total Liabilities | ₹177 Cr | ₹170 Cr | ₹156 Cr | ₹79 Cr | ₹107 Cr | ₹196 Cr | ₹215 Cr | ₹240 Cr |
| Equity | ₹152 Cr | ₹173 Cr | ₹207 Cr | ₹379 Cr | ₹413 Cr | ₹443 Cr | ₹637 Cr | ₹725 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹-5 Cr | ₹4 Cr | ₹11 Cr | ₹23 Cr | ₹55 Cr | ₹-34 Cr | ₹63 Cr | ₹58 Cr |
| Investing | ₹-10 Cr | ₹-5 Cr | ₹-6 Cr | ₹-77 Cr | ₹10 Cr | ₹-2 Cr | ₹-87 Cr | ₹-17 Cr |
| Financing | ₹21 Cr | ₹9 Cr | ₹5 Cr | ₹63 Cr | ₹-41 Cr | ₹33 Cr | ₹74 Cr | ₹-17 Cr |
| Free Cash Flow | ₹-5 Cr | ₹4 Cr | ₹11 Cr | ₹23 Cr | ₹55 Cr | ₹-34 Cr | ₹63 Cr | ₹58 Cr |
Shareholding
Promoter 53.2% Institutions 12.11% Public 34.7%
Efficiency & Working Capital
ROCE16.3%
Interest Coverage18.6
Dividend Payout—
Debtor Days278 d
Inventory Days122 d
Payable Days44 d
Cash Conversion Cycle356 d
Working Capital Days400 d
Shareholding Details
As of 2026-09-30
Promoter53.2%
FII7.5%
DII4.6%
Institutions12.1%
Public34.7%
Promoter Pledge0%
No. of Shareholders3,43,483
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | May 2025 | May 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.9% | 58.9% | 57% | 57% | 53.7% | 53.7% | 53.7% | 53.2% | 53.2% | 53.2% | 53.2% | 53.2% |
| FIIs | 3% | 3.5% | 4.8% | 5.2% | 7.3% | 7.3% | 6.9% | 5.7% | 4.9% | 5.1% | 8.3% | 7.5% |
| DIIs | 0.1% | 0.6% | 1.5% | 1.5% | 2.2% | 2.2% | 2% | 1.5% | 1.3% | 1.2% | 3.1% | 4.6% |
| Public | 38% | 37% | 36.6% | 36.2% | 36.8% | 36.8% | 37.5% | 39.6% | 40.6% | 40.5% | 35.5% | 34.7% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 2,96,501 | 3,04,229 | 3,10,294 | 3,10,834 | 3,22,497 | 3,22,497 | 3,35,075 | 3,70,508 | 3,69,101 | 3,76,813 | 3,36,442 | 3,43,483 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Munjal Sharad Shah | Shareholding of Promoter and Promoter Group | 24.5% | 1.97 Cr |
| Sharad Virji Shah | Shareholding of Promoter and Promoter Group | 15.4% | 1.24 Cr |
| Kaajal Harsh Bhansali | Shareholding of Promoter and Promoter Group | 2.9% | 23,44,662 |
| Anish Hemant Mehta | Shareholding of Promoter and Promoter Group | 2.9% | 23,44,442 |
| Ami Munjal Shah | Shareholding of Promoter and Promoter Group | 2.5% | 20,26,016 |
| Anushka Munjal Shah | Shareholding of Promoter and Promoter Group | 2.5% | 20,00,000 |
| Jiwanshi Munjal Shah | Shareholding of Promoter and Promoter Group | 2.5% | 20,00,000 |
| Abu Dhabi Investment Authority - Monsoon | Public Shareholding | 2.2% | 17,76,872 |
| Hsbc Mutual Fund - Hsbc Small Cap Fund | Public Shareholding | 1.7% | 13,82,106 |
| Shilpa Amit Mahajan | Public Shareholding | 1.4% | 11,52,150 |
| Amit Navin Mahajan | Public Shareholding | 1.4% | 11,51,880 |
| Kuwait Investment Authority Fund 601 | Public Shareholding | 1.1% | 9,04,950 |
| Niranjana Sharad Shah | Shareholding of Promoter and Promoter Group | 0% | 10 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Sharad Virji Shah | Chairman & Non Executive Dir. | 2026 |
| Munjal Sharad Shah | ED / MD / Promoter | 2026 |
| Shilpa Amit Mahajan | E D & Wholetime Director | 2026 |
| Manmohan Handa | Independent Non Exe. Director | 2026 |
| Hina Amol Gokhale | Independent Non Exe. Director | 2026 |
| Suresh Katyal | Independent Non Exe. Director | 2026 |
| Minal Bhate | Company Sec. & Compli. Officer | 2026 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Optics and Optronic Systems | ₹199 Cr | 47.8% |
| Defence Engineering | ₹217 Cr | 52.2% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| India | ₹293 Cr | 87.8% |
| Outside India | ₹41 Cr | 12.2% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹10 | 61 | 40 | 40 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | 2026-08-28 | Dividend | — |
| forthcoming | 2026-08-28 | Dividend (1/- per share) | Final |
| dividend | 2026-08-28 | ₹1 (20%) | Final |
| forthcoming | 2026-08-07 | Board Meetings | — |
| dividend | 2025-08-08 | ₹0.5 (5%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 223 | 64 | 0 | 3 | 40 | 330 |
| 2026 | 200 | 52 | 0 | 0 | 7 | 259 |
| 2026 | 3 | 0 | 0 | 3 | 33 | 40 |
Insider / Designated-Person Trades
10 recent disclosure(s)
Amit Navin MahajanDisposal · 15,625
Shilpa Amit MahajanDisposal · 15,625
Anish Hemant MehtaDisposal · 31,250
Kaajal Harsh BhansaliDisposal · 31,250
Sharad Virji ShahDisposal · 1,56,250
SHILPA AMIT MAHAJANDisposal · 1,08,300
Substantial Acquisitions (SAST)
4 disclosure(s)
Market19/05/2025 · 1,08,300
Market19/05/2025 · 2,17,049
Market19/05/2025 · 2,17,159
Market19/05/2025 · 1,08,435
Company Information
Incorporated2009
ChairmanSharad Virji Shah
AuditorChaturvedi & Shah LLP
Investor Email[email protected]
📍 D-112 TTC Industrial Area MIDC, Nerul, Navi Mumbai, Maharashtra, 400706
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