PARAS - Paras Defence and Space Technologies Limited Share Price

Aerospace & Defense

₹1143.75+98.65(+9.44%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Paras Defence and Space Technologies Limited do?

Aerospace & Defense•Capital Goods•Small Cap

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 (EMP) 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. The company was incorporated in 2009 and is based in Navi Mumbai, India.

Industry Group:Aerospace & Defense

Employees:418

Website:www.parasdefence.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: PARAS vs Aerospace & Defense

Comprehensive comparison against sector averages

Comparative Metrics

PARAS metrics compared to Aerospace

Category	PARAS	Aerospace
PE	83.79	42.06
PS	12.19	8.95
Growth	42.5 %	9.9 %

Performance Comparison

PARAS vs Aerospace (2022 - 2025)

Key Insights

1. PARAS is among the Top 10 Aerospace & Defense companies but not in Top 5.
2. The company holds a market share of 0.5% in Aerospace & Defense.
3. In last one year, the company has had an above average growth that other Aerospace & Defense companies.

Description	Share	Value
Optics and Optronic Systems	51.8%	44.4 Cr
Defence Engineering	48.2%	41.3 Cr
Total		85.8 Cr

Share Holdings

Understand Paras Defence and Space Tech ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Munjal Sharad Shah	24.47%
Sharad Virji Shah	18.05%
Abu Dhabi Investment Authority - Monsoon	3.54%
Anish Hemant Mehta	3.53%
Kaajal Harsh Bhansali	3.53%
Ami Munjal Shah	2.51%
Anushka Munjal Shah	2.48%
Jiwanshi Munjal Shah	2.48%
Amit Navin Mahajan	1.74%
Shilpa Amit Mahajan	1.74%
Niranjana Sharad Shah	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Cash Flow for Paras Defence and Space Tech

Consolidated figures (in Rs. Crores) / View Standalone Data

Finance costs	-22.4%
Change in inventories	-108.3%
Depreciation	20%
Impairment loss / reversal	-
Unrealised forex losses/gains	14.6%
Dividend income	-1%
Adjustments for interest income	15.5%
Net Cashflows from Operations	-164.6%
Income taxes paid (refund)	29.7%
Net Cashflows From Operating Activities	-203.5%
Cashflows used in obtaining control of subsidiaries	-20.8%
Proceeds from sales of PPE	-247.3%
Purchase of property, plant and equipment	4.2%
Proceeds from sales of investment property	-
Proceeds from sales of long-term assets	98%
Cash receipts from repayment of advances and loans made to other parties	-
Dividends received	-1%
Interest received	-28.9%
Other inflows (outflows) of cash	-61.2%
Net Cashflows From Investing Activities	-131.1%
Proceeds from changes in ownership interests in subsidiaries	-
Proceeds from issuing shares	-
Payments to acquire or redeem entity's shares	-
Proceeds from borrowings	24400%
Repayments of borrowings	-103%
Interest paid	-26.9%
Other inflows (outflows) of cash	-15.7%
Net Cashflows from Financing Activities	177.2%
Net change in cash and cash eq.	-208.1%

Standalone figures (in Rs. Crores) / View Consolidated Data

Finance costs	-45.3%
Change in inventories	-92.9%
Depreciation	10%
Impairment loss / reversal	-
Unrealised forex losses/gains	14.6%
Dividend income	-1%
Adjustments for interest income	45.7%
Net Cashflows from Operations	-111.6%
Income taxes paid (refund)	18.6%
Net Cashflows From Operating Activities	-137.2%
Cashflows used in obtaining control of subsidiaries	-28.1%
Proceeds from sales of PPE	-247.3%
Purchase of property, plant and equipment	9.1%
Proceeds from sales of investment property	-
Proceeds from sales of long-term assets	-199%
Cash receipts from repayment of advances and loans made to other parties	-
Dividends received	-1%
Interest received	-24.8%
Other inflows (outflows) of cash	-61.2%
Net Cashflows From Investing Activities	-346%
Proceeds from issuing shares	-
Payments to acquire or redeem entity's shares	-
Proceeds from borrowings	-
Repayments of borrowings	-103.5%
Interest paid	-52.1%
Other inflows (outflows) of cash	24.4%
Net Cashflows from Financing Activities	147.7%
Net change in cash and cash eq.	-216.3%

Balance Sheet for Paras Defence and Space Tech

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-291.5%	0.1	1.47	1.4	16	0.42	1.66
Loans, current	-4.5%	22	23	16	12	11	0.07
Total current financial assets	36.6%	292	214	201	195	208	199
Inventories	4.3%	147	141	115	91	81	66
Total current assets	21.2%	458	378	339	303	307	292
Property, plant and equipment	-1.3%	154	156	145	140	133	135
Capital work-in-progress	143.9%	9.39	4.44	8.58	3.81	2.18	0.5
Investment property	0%	16	16	17	17	17	18
Non-current investments	-16.7%	26	31	26	19	11	4.15
Loans, non-current	0%	0.96	0.96	0	0.02	0	0
Total non-current financial assets	-24.4%	35	46	40	31	13	4.99
Total non-current assets	-4.4%	220	230	218	200	166	161
Total assets	11.4%	677	608	557	503	475	454
Borrowings, non-current	47.2%	0.62	0.28	0.3	0	0	0
Total non-current financial liabilities	92.3%	1.25	1.13	0.3	0	0.11	0.1
Provisions, non-current	24.3%	3.51	3.02	2.19	2	1.84	1.33
Total non-current liabilities	0%	25	25	23	23	23	23
Borrowings, current	36.4%	46	34	25	0	29	29
Total current financial liabilities	22.9%	119	97	60	29	48	48
Provisions, current	0%	0.15	0.15	0.25	0.25	0.45	0.21
Current tax liabilities	115.6%	17	8.42	7.29	7.78	6.89	5.66
Total current liabilities	27.2%	174	137	104	67	57	54
Total liabilities	23.8%	199	161	128	90	81	77
Equity share capital	0%	39	39	39	39	39	39
Total equity	7%	478	447	429	413	394	378
Total equity and liabilities	11.4%	677	608	557	503	475	454

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-31.3%	2.36	2.98	3.42	17	1.16	2.18
Loans, current	-127.4%	0.19	3.96	11	11	11	0.07
Total current financial assets	29.4%	278	215	203	203	210	201
Inventories	3.4%	155	150	120	93	83	67
Total current assets	16.5%	467	401	349	316	313	296
Property, plant and equipment	-1.7%	175	178	151	145	134	135
Capital work-in-progress	160.1%	10	4.46	9.38	4.52	2.18	0.5
Investment property	-	0	0	17	17	17	18
Goodwill	0%	6.45	6.45	6.45	6.45	0	0
Non-current investments	-19%	18	22	17	12	10	3.52
Loans, non-current	0%	0.03	0.03	0	0.02	0	0
Total non-current financial assets	-34.1%	28	42	33	24	12	4.36
Total non-current assets	-5.5%	226	239	223	205	167	160
Total assets	8.3%	693	640	572	521	481	458
Borrowings, non-current	41.9%	1.61	1.43	1.62	0.95	0	0
Total non-current financial liabilities	-52.3%	1.61	2.28	1.62	0.95	0.11	0.1
Provisions, non-current	24.5%	3.54	3.04	2.19	2	1.84	1.33
Total non-current liabilities	0%	26	26	25	24	23	23
Borrowings, current	4.8%	66	63	38	14	34	31
Total current financial liabilities	6.9%	140	131	75	45	55	50
Provisions, current	0%	0.15	0.15	0.25	0.25	0.45	0.21
Current tax liabilities	113.9%	17	8.48	7.35	7.87	6.92	5.72
Total current liabilities	15.3%	197	171	119	83	65	56
Total liabilities	13.8%	223	196	144	107	88	79
Equity share capital	0%	39	39	39	39	39	39
Non controlling interest	-81.2%	-3.24	-1.34	-0.2	0.2	-0.24	0.37
Total equity	6.1%	470	443	428	413	393	379
Total equity and liabilities	8.3%	693	640	572	521	481	458

Investor Care
Shares Dilution (1Y)	3.32%
Diluted EPS (TTM)	13.66

Financial Health
Current Ratio	2.38
Debt/Equity	0.14
Debt/Cashflow	-0.67

Valuation
Market Cap	4.61 kCr
Price/Earnings (Trailing)	91.7
Price/Sales (Trailing)	13.34
EV/EBITDA	50.91
Price/Free Cashflow	-50.89
MarketCap/EBT	66.77

Fundamentals
Revenue (TTM)	345.47 Cr
Rev. Growth (Yr)	34.59%
Rev. Growth (Qtr)	-1.54%
Earnings (TTM)	50.26 Cr
Earnings Growth (Yr)	136.35%
Earnings Growth (Qtr)	9.06%

Profitability
Operating Margin	19.98%
EBT Margin	19.98%
Return on Equity	10.7%
Return on Assets	7.25%
Free Cashflow Yield	-1.96%

Income Statement for Paras Defence and Space Tech

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-2.4%	82	84	78	65	63	60
Other Income	2.5%	2.63	2.59	1.48	6.15	0.94	1.27
Total Income	-2.3%	85	87	79	71	64	61
Cost of Materials	11.1%	31	28	27	33	46	22
Purchases of stock-in-trade	-36%	5.49	8.02	4.25	8.21	1.57	6.01
Employee Expense	9.2%	8.46	7.83	7.66	7.27	6.84	6.58
Finance costs	-156.4%	0.38	2.1	1.16	1.68	1.06	0.65
Depreciation and Amortization	3.4%	3.44	3.36	3.31	3.08	3.03	3.18
Other expenses	18.2%	14	12	11	14	13	11
Total Expenses	-4.6%	63	66	58	59	53	48
Profit Before exceptional items and Tax	5%	22	21	21	13	10	14
Total profit before tax	5%	22	21	21	13	10	14
Current tax	7.8%	5.97	5.61	5.07	2.15	3.35	3.93
Deferred tax	-27.4%	-0.58	-0.24	0.31	0.06	-0.59	-0.48
Total tax	0.5%	5.39	5.37	5.38	2.21	2.76	3.45
Total profit (loss) for period	6.7%	17	16	16	10	7.6	10
Other comp. income net of taxes	0%	-0.09	-0.09	-0.09	-0.32	-0.01	-0.02
Total Comprehensive Income	0%	16	16	16	10	7.59	10
Earnings Per Share, Basic	4%	4.12	4	4.07	2.65	1.95	2.59
Earnings Per Share, Diluted	4%	4.12	4	4.07	2.65	1.95	2.59

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Revenue From Operations	8.5%	232	214	180
Other Income	13.8%	9.34	8.33	3.01
Total Income	8.6%	242	223	183
Cost of Materials	16.7%	113	97	77
Purchases of stock-in-trade	18.8%	20	17	4.92
Employee Expense	36.8%	27	20	14
Finance costs	-45.3%	3.85	6.21	7.78
Depreciation and Amortization	10%	12	11	10
Other expenses	32.4%	46	35	33
Total Expenses	12%	197	176	147
Profit Before exceptional items and Tax	-4.3%	45	47	36
Total profit before tax	-4.3%	45	47	36
Current tax	-9.1%	11	12	10
Deferred tax	-3.1%	-1	-0.94	-0.6
Total tax	-10%	10	11	9.48
Total profit (loss) for period	-5.7%	34	36	27
Other comp. income net of taxes	-28.3%	-0.36	-0.06	-0.01
Total Comprehensive Income	-5.7%	34	36	27
Earnings Per Share, Basic	-5.4%	8.77	9.21	7.73
Earnings Per Share, Diluted	-5.4%	8.77	9.21	7.73

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-1.2%	86	87	84	80	64	61
Other Income	-7.5%	1.62	1.67	0.58	5.48	0.75	1.1
Total Income	-2.3%	87	89	84	85	65	62
Cost of Materials	6.9%	32	30	29	41	46	26
Purchases of stock-in-trade	-8.2%	7.85	8.46	4.8	15	1.74	6.34
Employee Expense	10.2%	10	9.17	8.83	8.26	7.71	7.57
Finance costs	-123.7%	0.63	2.56	1.53	2.26	1.51	0.96
Depreciation and Amortization	3.7%	3.79	3.69	3.65	3.39	3.34	3.49
Other expenses	16.7%	15	13	12	16	14	12
Total Expenses	-4.3%	68	71	65	73	57	50
Profit Before exceptional items and Tax	5.9%	19	18	20	12	8.34	12
Total profit before tax	5.9%	19	18	20	12	8.34	12
Current tax	7.7%	6.01	5.65	5.09	2.18	3.36	3.92
Deferred tax	-36.1%	-0.62	-0.19	0.3	0.33	-0.86	-0.51
Total tax	-1.6%	5.39	5.46	5.39	2.51	2.5	3.41
Total profit (loss) for period	8.3%	14	13	14	9.6	5.86	8.76
Other comp. income net of taxes	4.6%	-0.03	-0.08	-0.09	-0.31	-0.01	-0.01
Total Comprehensive Income	8.3%	14	13	14	9.29	5.85	8.75
Earnings Per Share, Basic	7.5%	3.74	3.55	3.81	2.56	1.71	2.42
Earnings Per Share, Diluted	7.5%	3.74	3.55	3.81	2.56	1.71	2.42

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Revenue From Operations	14.5%	254	222	183
Other Income	0.7%	8.27	8.22	2.97
Total Income	13.5%	262	231	186
Cost of Materials	26.3%	126	100	77
Purchases of stock-in-trade	68.8%	28	17	5.28
Employee Expense	42.9%	31	22	15
Finance costs	-22.4%	5.44	6.72	7.83
Depreciation and Amortization	20%	13	11	10
Other expenses	35.1%	51	38	34
Total Expenses	20.2%	221	184	149
Profit Before exceptional items and Tax	-13%	41	47	37
Total profit before tax	-13%	41	47	37
Current tax	-9.1%	11	12	10
Deferred tax	-4.1%	-1.03	-0.95	-0.6
Total tax	-10%	10	11	9.49
Total profit (loss) for period	-17.1%	30	36	27
Other comp. income net of taxes	-	-0.34	0	0
Total Comprehensive Income	-17.1%	30	36	27
Earnings Per Share, Basic	-12.5%	8.22	9.25	7.78
Earnings Per Share, Diluted	-12.5%	8.22	9.25	7.78

Is Paras Defence and Space Tech Better than it's peers?

Detailed comparison of Paras Defence and Space Tech against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAL	Hindustan AeronauticsAerospace & Defense	2.96 LCr	34.52 kCr	+5.95%	+11.09%	34.04	8.58	+14.42%	+41.55%
BEL	Bharat ElectronicsAerospace & Defense	2.23 LCr	23.96 kCr	+1.40%	+27.87%	44.74	9.32	+28.15%	+39.82%
DATAPATTNS	Data Patterns (India)Aerospace & Defense	12.52 kCr	542.43 Cr	+32.32%	-27.98%	70.01	23.08	-3.17%	+7.76%
MTARTECH	MTAR TechAerospace & Defense	4.41 kCr	641.38 Cr	+11.84%	-23.95%	100.08	6.87	-0.43%	-46.50%

PARAS - Paras Defence and Space Technologies Limited Share Price

What does Paras Defence and Space Technologies Limited do?

Sector Comparison: PARAS vs Aerospace & Defense

Comparative Metrics

Performance Comparison

Revenue Breakdown

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Cash Flow for Paras Defence and Space Tech

Balance Sheet for Paras Defence and Space Tech

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Income Statement for Paras Defence and Space Tech

Is Paras Defence and Space Tech Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)