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Sensex
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Paras Defence And Space Technologies Ltd.

Defence

Rating :
62/99

BSE: 543367 | NSE: PARAS

NSE BSE
703.90
04-Dec-2025
  • Open
  • High
  • Low
  • Previous Close
  •  695
  •  707.7
  •  694.05
  •  698.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  353851
  •  248800493.4
  •  972.5
  •  404.7

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 5,663.27
  • 80.59
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,629.19
  • 0.04%
  • 8.99

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 53.20%
  • 0.91%
  • 33.65%
  • FII
  • DII
  • Others
  • 5.7%
  • 1.39%
  • 5.15%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 20.53
  • 17.91

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 17.69
  • 11.53

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 32.18
  • 20.74

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 83.94

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 8.02

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 49.10

Earnings Forecasts:

(Updated: 29-11-2025)
Description
2024
2025
2026
2027
Adj EPS
7.88
11.2
14.8
P/E Ratio
89.33
62.85
47.56
Revenue
364.66
478
646.9
EBITDA
97.2
131
177
Net Income
63.47
90.3
119.6
ROA
8.51
P/B Ratio
8.86
7.80
6.70
ROE
11.7
13.2
15.2
FCFF
7.87
63.5
43.4
FCFF Yield
0.14
1.11
0.76
Net Debt
-86.81
-156.7
-200
BVPS
79.41
90.2
105.1

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Net Sales
105.72
87.09
21.39%
93.19
83.57
11.51%
108.23
79.69
35.81%
85.77
64.18
33.64%
Expenses
76.03
64.34
18.17%
71.24
59.45
19.83%
79.94
67.44
18.53%
63.72
51.74
23.15%
EBITDA
29.69
22.75
30.51%
21.95
24.12
-9.00%
28.29
12.25
130.94%
22.05
12.44
77.25%
EBIDTM
28.08%
26.12%
23.55%
28.86%
26.14%
15.37%
25.71%
19.38%
Other Income
2.28
1.67
36.53%
2.38
0.58
310.34%
4.05
5.48
-26.09%
1.62
0.75
116.00%
Interest
1.20
2.56
-53.12%
0.83
1.53
-45.75%
1.90
2.26
-15.93%
0.63
1.51
-58.28%
Depreciation
4.19
3.69
13.55%
3.98
3.65
9.04%
3.80
3.39
12.09%
3.79
3.34
13.47%
PBT
26.58
18.17
46.29%
19.52
19.52
0.00%
26.64
12.08
120.53%
19.25
8.34
130.82%
Tax
7.12
5.46
30.40%
5.18
5.39
-3.90%
5.88
2.51
134.26%
5.39
2.50
115.60%
PAT
19.46
12.71
53.11%
14.34
14.13
1.49%
20.76
9.57
116.93%
13.86
5.84
137.33%
PATM
18.41%
14.59%
15.39%
16.91%
19.18%
12.01%
16.16%
9.10%
EPS
2.56
1.78
43.82%
1.85
1.90
-2.63%
2.45
1.28
91.41%
1.87
0.85
120.00%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Net Sales
392.91
364.66
253.50
222.43
182.56
143.33
147.04
154.40
143.09
Net Sales Growth
24.92%
43.85%
13.97%
21.84%
27.37%
-2.52%
-4.77%
7.90%
 
Cost Of Goods Sold
179.33
170.23
120.59
105.37
81.75
65.31
72.83
83.88
78.32
Gross Profit
213.58
194.43
132.91
117.06
100.81
78.02
74.22
70.52
64.77
GP Margin
54.36%
53.32%
52.43%
52.63%
55.22%
54.43%
50.48%
45.67%
45.27%
Total Expenditure
290.93
265.14
199.98
164.75
130.12
99.26
107.33
111.20
101.91
Power & Fuel Cost
-
4.11
3.60
3.28
2.87
2.48
2.44
2.18
1.65
% Of Sales
-
1.13%
1.42%
1.47%
1.57%
1.73%
1.66%
1.41%
1.15%
Employee Cost
-
37.52
30.90
21.87
14.81
11.74
10.96
8.98
6.86
% Of Sales
-
10.29%
12.19%
9.83%
8.11%
8.19%
7.45%
5.82%
4.79%
Manufacturing Exp.
-
20.16
16.57
10.14
15.29
10.20
7.27
5.14
5.36
% Of Sales
-
5.53%
6.54%
4.56%
8.38%
7.12%
4.94%
3.33%
3.75%
General & Admin Exp.
-
14.83
13.35
15.02
6.94
5.42
6.38
5.91
6.02
% Of Sales
-
4.07%
5.27%
6.75%
3.80%
3.78%
4.34%
3.83%
4.21%
Selling & Distn. Exp.
-
8.93
4.84
3.41
2.46
0.74
1.97
3.01
1.97
% Of Sales
-
2.45%
1.91%
1.53%
1.35%
0.52%
1.34%
1.95%
1.38%
Miscellaneous Exp.
-
9.36
10.15
5.67
6.01
3.38
5.48
2.10
1.73
% Of Sales
-
2.57%
4.00%
2.55%
3.29%
2.36%
3.73%
1.36%
1.21%
EBITDA
101.98
99.52
53.52
57.68
52.44
44.07
39.71
43.20
41.18
EBITDA Margin
25.96%
27.29%
21.11%
25.93%
28.72%
30.75%
27.01%
27.98%
28.78%
Other Income
10.33
8.05
8.27
8.33
2.97
1.28
2.01
2.77
3.28
Interest
4.56
9.07
7.90
7.75
8.41
13.08
10.22
9.75
7.36
Depreciation
15.76
14.93
13.36
11.27
10.42
9.65
9.71
9.41
6.68
PBT
91.99
83.57
40.53
46.98
36.58
22.61
21.79
26.81
30.41
Tax
23.57
22.11
10.43
10.90
9.50
6.82
2.13
7.84
5.33
Tax Rate
25.62%
26.46%
25.73%
23.20%
25.97%
30.16%
9.78%
29.24%
17.53%
PAT
68.42
63.47
32.06
36.06
27.05
15.73
19.66
18.97
25.08
PAT before Minority Interest
70.28
61.49
30.04
35.94
27.08
15.79
19.66
18.97
25.08
Minority Interest
1.86
1.98
2.02
0.12
-0.03
-0.06
0.00
0.00
0.00
PAT Margin
17.41%
17.41%
12.65%
16.21%
14.82%
10.97%
13.37%
12.29%
17.53%
PAT Growth
61.94%
97.97%
-11.09%
33.31%
71.96%
-19.99%
3.64%
-24.36%
 
EPS
8.49
7.87
3.98
4.47
3.36
1.95
2.44
2.35
3.11

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Shareholder's Funds
639.94
444.61
413.25
378.16
206.63
172.62
152.37
123.83
Share Capital
40.29
39.00
39.00
39.00
29.85
28.41
5.68
5.58
Total Reserves
599.40
405.61
374.25
339.16
176.78
144.21
146.68
118.25
Non-Current Liabilities
24.33
25.67
24.10
22.68
49.92
61.64
67.67
66.98
Secured Loans
0.88
1.43
0.95
0.00
25.53
36.75
38.20
38.59
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.52
Long Term Provisions
4.12
3.04
2.00
1.33
1.19
1.30
1.69
0.87
Current Liabilities
208.62
183.18
82.95
56.47
106.13
108.12
109.71
65.98
Trade Payables
54.59
60.98
26.12
15.27
15.32
27.04
53.25
22.89
Other Current Liabilities
100.23
38.32
35.23
4.19
15.86
14.96
12.77
16.44
Short Term Borrowings
22.03
62.81
13.47
31.08
68.04
60.20
37.93
21.05
Short Term Provisions
31.77
21.07
8.13
5.93
6.91
5.92
5.76
5.60
Total Liabilities
869.57
652.12
520.50
457.68
362.75
342.38
329.75
256.79
Net Block
189.57
185.70
152.56
135.83
156.63
157.83
168.29
171.36
Gross Block
277.08
259.78
208.23
181.52
196.39
188.50
189.57
183.30
Accumulated Depreciation
87.51
74.07
55.67
45.69
39.76
30.66
21.28
11.93
Non Current Assets
253.52
238.65
205.42
160.26
160.69
164.48
172.27
174.97
Capital Work in Progress
10.66
4.46
4.52
0.50
0.51
4.91
2.63
1.21
Non Current Investment
28.24
22.14
11.51
3.52
1.13
0.05
0.05
0.05
Long Term Loans & Adv.
15.28
6.08
7.72
1.91
1.19
1.26
0.87
1.57
Other Non Current Assets
9.16
20.26
12.15
0.67
1.23
0.43
0.42
0.79
Current Assets
616.04
413.47
315.08
295.90
197.95
177.91
157.48
81.82
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
150.85
150.21
93.39
66.63
74.71
60.43
64.53
43.79
Sundry Debtors
294.78
197.94
149.87
122.98
94.85
97.60
83.23
25.29
Cash & Bank
110.83
11.41
40.28
75.94
8.32
4.38
1.86
2.66
Other Current Assets
59.58
2.73
2.18
2.25
20.06
15.50
7.87
10.07
Short Term Loans & Adv.
55.30
51.18
29.37
28.11
18.55
11.39
6.45
8.55
Net Current Assets
407.42
230.30
232.13
239.44
91.82
69.79
47.77
15.84
Total Assets
869.56
652.12
520.50
456.16
358.64
342.39
329.75
256.79

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Cash From Operating Activity
44.83
-45.54
45.73
11.51
4.29
-2.60
-12.05
40.59
PBT
83.60
40.47
46.84
36.57
22.61
21.79
26.81
30.41
Adjustment
21.29
18.35
13.24
20.91
22.56
21.07
19.48
14.28
Changes in Working Capital
-41.71
-92.71
-4.87
-34.16
-33.95
-38.42
-51.35
0.31
Cash after chg. in Working capital
63.18
-33.89
55.21
23.32
11.22
4.44
-5.05
45.00
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-18.35
-11.65
-9.48
-11.81
-6.93
-7.04
-7.00
-4.41
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-87.00
-1.69
9.63
-77.11
-6.26
-4.88
-9.55
-49.11
Net Fixed Assets
-17.67
-27.85
-18.20
14.94
-3.36
-1.20
-7.70
Net Investments
-8.57
-11.38
-15.09
-3.00
-1.07
0.01
-0.03
Others
-60.76
37.54
42.92
-89.05
-1.83
-3.69
-1.82
Cash from Financing Activity
73.66
33.10
-40.69
63.10
5.38
8.55
21.41
8.01
Net Cash Inflow / Outflow
31.50
-14.12
14.67
-2.50
3.40
1.08
-0.19
-0.51
Opening Cash & Equivalents
2.98
17.11
2.18
4.68
1.25
0.18
0.37
0.88
Closing Cash & Equivalent
34.47
2.98
17.11
2.18
4.68
1.25
0.18
0.37

Financial Ratios

Standalone /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Book Value (Rs.)
74.19
51.64
95.24
86.24
55.20
46.03
194.52
146.89
ROA
8.08%
5.12%
7.35%
6.60%
4.48%
5.85%
6.47%
9.77%
ROE
12.29%
7.76%
10.16%
10.81%
10.68%
16.29%
19.71%
30.58%
ROCE
17.03%
11.34%
14.49%
14.15%
14.21%
14.90%
21.27%
25.46%
Fixed Asset Turnover
1.36
1.08
1.14
0.97
0.74
0.78
0.83
0.81
Receivable days
246.59
250.40
223.87
217.76
245.05
224.43
128.27
61.85
Inventory Days
150.67
175.37
131.29
141.29
172.07
155.09
128.04
107.10
Payable days
123.90
131.82
71.69
68.30
118.38
144.28
124.38
74.12
Cash Conversion Cycle
273.36
293.95
283.47
290.75
298.74
235.24
131.93
94.83
Total Debt/Equity
0.04
0.16
0.04
0.09
0.63
0.79
0.77
0.81
Interest Cover
10.22
6.12
7.04
5.35
2.73
3.13
3.75
5.13

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019

News Update:


  • Paras Defence signs MoU with IUAC
    25th Nov 2025, 09:38 AM

    PARAS and IUAC will combine their respective capabilities in order to develop commercial- grade MRI magnet system for indigenous manufacturing in the country

    Read More
  • Paras Defence bags order worth Rs 71.68 crore
    17th Nov 2025, 11:29 AM

    The order is to be executed by August - September 2026

    Read More
  • Paras Defence bags order worth Rs 35.68 crore
    11th Nov 2025, 14:49 PM

    The order is for supply of PCDS (Anti-Drone)

    Read More
  • Paras Defence’s arm bags order worth Rs 3.95 crore
    10th Nov 2025, 16:12 PM

    The said order is to be executed by May 2026 (tentatively)

    Read More
  • Paras Defence incorporates subsidiary company
    16th Oct 2025, 16:30 PM

    The new entity will undertake the business of development and production of logistics and cargo drones for defence and civil market

    Read More
  • Paras Defence signs MoU with Cielo Inertial Solutions
    14th Oct 2025, 11:41 AM

    Both will combine their capabilities to promote and pursue opportunities in India for the adaptation, marketing, sale and production of Inertial Sensors and Closed Loop FOG based Inertial Solutions

    Read More
  • Paras Defence’s arm bags order worth Rs 46.19 crore
    3rd Oct 2025, 10:00 AM

    The order is to be executed by March 2026

    Read More
  • Paras Defence bags order worth $3.8 million
    26th Sep 2025, 11:00 AM

    The order is for the supply of electro-optics

    Read More
  • Paras Defence bags incremental orders worth Rs 26.6 crore
    12th Sep 2025, 10:00 AM

    The orders are to be executed from December 2025 to September 2026

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.