₹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 16h 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
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
Paradeep Phosphates Ltd.Parag Milk Foods Ltd.Paragon Fine and Speciality Chemical Ltd.Paramatrix Technologies LimitedParamount Dye Tec LimitedParampara Dairy Delights Ltd.Paras Petrofils Ltd.Parin Enterprises LimitedPark Medi World LimitedApeejay Surrendra Park Hotels Ltd.Parnax Lab Ltd.Parsvnath Developer Ltd.All “P” stocks →
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search