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Paras Defence & Space Technologies Ltd. (IN:PARAS)
:PARAS
India Market
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Paras Defence & Space Technologies Ltd. (PARAS) Price & Analysis

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PARAS Stock Chart & Stats

₹1195.80
-₹36.70(-3.00%)
At close: 4:00 PM EDT
₹1195.80
-₹36.70(-3.00%)

Bulls Say, Bears Say

Bulls Say
Strong Revenue GrowthRevenue growth of 36.6% indicates strong demand across the company’s defence and space offerings. Sustained expansion can improve operating scale, deepen customer qualification, and support continued investment in specialised optics, electronics, and precision manufacturing capabilities over the next several quarters.
Healthy ProfitabilityHealthy mid-teen net margins and strong operating profitability show that growth is translating into meaningful earnings rather than relying solely on volume expansion. This profitability provides internal resources for engineering, capacity, and qualification investments while supporting resilience across defence and space programs.
Conservative Balance SheetLow debt relative to equity and steadily rising equity provide a strong capital base for a business executing specialised defence and space contracts. Conservative leverage reduces financing pressure, preserves flexibility for productive investment, and improves the company’s ability to absorb project timing variations.
Bears Say
Uneven Cash ConversionInconsistent operating cash flow and recent negative free cash flow show that reported earnings are not converting reliably into cash. Working-capital movements, milestone timing, or reinvestment requirements could continue to absorb funds, limiting internally financed growth and reducing financial flexibility.
Margin VolatilityAlthough profitability is healthy overall, fluctuations in gross and net margins indicate that business mix, contract timing, or execution conditions can affect earnings quality. Recurring variability may make future profit progression less predictable and could constrain the durability of current margins.
Past Leverage VolatilityThe 2021 leverage spike shows that the capital structure has not always been consistently conservative. While current debt levels are low, a recurrence during expansion or working-capital investment could increase financing demands and reduce the balance-sheet flexibility currently supporting the business.

Paras Defence & Space Technologies Ltd. News

PARAS FAQ

What was Paras Defence & Space Technologies Ltd.’s price range in the past 12 months?
Paras Defence & Space Technologies Ltd. lowest stock price was ₹580.00 and its highest was ₹1584.95 in the past 12 months.
    What is Paras Defence & Space Technologies Ltd.’s market cap?
    Paras Defence & Space Technologies Ltd.’s market cap is ₹94.84B.
      When is Paras Defence & Space Technologies Ltd.’s upcoming earnings report date?
      Paras Defence & Space Technologies Ltd.’s upcoming earnings report date is Nov 05, 2026 which is in 10 days.
        How were Paras Defence & Space Technologies Ltd.’s earnings last quarter?
        Paras Defence & Space Technologies Ltd. released its earnings results on Aug 07, 2026. The company reported ₹2.6 earnings per share for the quarter.
          Is Paras Defence & Space Technologies Ltd. overvalued?
          According to Wall Street analysts Paras Defence & Space Technologies Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Paras Defence & Space Technologies Ltd. pay dividends?
            Paras Defence & Space Technologies Ltd. pays a Annually dividend of ₹1 which represents an annual dividend yield of 0.08%. See more information on Paras Defence & Space Technologies Ltd. dividends here
              What is Paras Defence & Space Technologies Ltd.’s EPS estimate?
              Paras Defence & Space Technologies Ltd.’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Paras Defence & Space Technologies Ltd. have?
              Paras Defence & Space Technologies Ltd. has 80,587,330 shares outstanding.
                What happened to Paras Defence & Space Technologies Ltd.’s price movement after its last earnings report?
                Paras Defence & Space Technologies Ltd. reported an EPS of ₹2.6 in its last earnings report. Following the earnings report the stock price went down -3.154%.
                  Which hedge fund is a major shareholder of Paras Defence & Space Technologies Ltd.?
                  Currently, no hedge funds are holding shares in IN:PARAS
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Paras Defence & Space Technologies Ltd.

                    Paras Defence and Space Technologies Limited is an Indian-based specialist firm with an international presence, dedicated to the design, development, production, and rigorous testing of advanced engineering products and integrated solutions for the defense and space industries. Their extensive portfolio includes robust systems for networking, communication, display, computing, and command and control, alongside precision mechanical components such as flow-formed tubes. The company also delivers comprehensive avionic suites and automated test equipment. A significant area of expertise lies in optical and ultra-precision manufacturing, covering products like diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, various lenses (multifold and infrared), reflectors, coatings, deployable space antennas, CFRP structures, and lens barrels. Furthermore, their capabilities extend to specialized infrastructure components, including rugged wired cabinets, shielded doors, honey comb filters, and complete indigo simulator systems. They also produce submarine winches, titanium assemblies, acoustic and magnetic sensing products, naval electronic time fuzes, associated software modules, and transducer positioning platforms. Paras Defence additionally manufactures high-performance embedded computing systems, tank imaging components, turret stabilization solutions, and heavy-duty antenna structures, complemented by essential software development and system integration services. A core specialization involves Electro-Magnetic Pulse (EMP) shielding. The company provides a full suite of EMP-hardened products and services, including shielded rooms, control centers, anechoic chambers, doors, racks, cabinets, air vents, windows, and filters, frequently undertaking entire turnkey EMP projects. Established in 2009, the company was initially known as Paras Flowform Engineering Limited before rebranding to its current name. Its headquarters are located in Navi Mumbai, India.

                    Paras Defence & Space Technologies Ltd. (PARAS) Earnings & Revenues

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