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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%)
Day’s Range― - ―
52-Week Range₹580.00 - ₹1,444.95
Previous CloseN/A
Volume394.63K
Average Volume (3M)59.70K
Market Cap
₹98.35B
Enterprise Value₹102.68B
Total Cash (Recent Filing)₹929.50M
Total Debt (Recent Filing)₹559.60M
Price to Earnings (P/E)108.4
Beta1.92
Next Earnings
Aug 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.04%
Share Statistics
EPS (TTM)8.72
Shares Outstanding80,587,330
10 Day Avg. Volume48,476
30 Day Avg. Volume59,699
Financial Highlights & Ratios
PEG Ratio1.49
Price to Book (P/B)6.61
Price to Sales (P/S)10.07
P/FCF Ratio-514.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)13.75
Revenue Forecast (FY)₹6.05B
Bulls Say, Bears Say
Bulls Say
Consistent Revenue And Profit GrowthSustained revenue expansion and healthy net margins indicate the company is winning business and converting it to profit. Over 2023–2025 the trend shows durable demand and improving profitability, supporting multi-quarter to multi-year earnings resilience for defense suppliers.
Conservative Balance Sheet / Low LeverageLow indebtedness and rising equity provide financial flexibility for capitalizing on multi-year contracts, funding program qualifications and absorbing tender timing variability. This reduces refinancing risk and supports long-term investment in specialized manufacturing.
Defence/space-focused, Contract-driven Business ModelA business model tied to government and space programs yields multi-year order visibility and high switching costs from qualification. While sales cycles are long, contract-based revenue provides structural durability and predictable backlog once awards are secured.
Bears Say
Uneven Cash Conversion And Negative FCFVolatile OCF and recent negative free cash flow imply working-capital swings or elevated reinvestment needs. That weakens ability to self-fund growth, raises reliance on external financing for capital-intensive programs, and can pressure liquidity during contract timing gaps.
Margin Volatility Across PeriodsIntermittent gross/net margin swings suggest exposure to contract mix, pricing pressure or project timing. Such volatility can compress margins in down cycles, complicate forecasting and reduce operating leverage from higher sales, impacting sustained profitability.
Concentration On Government/tender ProcurementHeavy reliance on government tenders concentrates revenue risk and elongates cash conversion due to acceptance milestones. Program awards and policy/regulatory shifts materially affect near-term wins, making revenue timing and predictability vulnerable despite long-term contracts.
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 ₹1444.95 in the past 12 months.
What is Paras Defence & Space Technologies Ltd.’s market cap?
Paras Defence & Space Technologies Ltd.’s market cap is ₹98.35B.
When is Paras Defence & Space Technologies Ltd.’s upcoming earnings report date?
Paras Defence & Space Technologies Ltd.’s upcoming earnings report date is Aug 10, 2026 which is in 12 days.
How were Paras Defence & Space Technologies Ltd.’s earnings last quarter?
Paras Defence & Space Technologies Ltd. released its earnings results on May 13, 2026. The company reported ₹4.15 earnings per share for the quarter, beating the consensus estimate of ₹3.7 by ₹0.45.
Is Paras Defence & Space Technologies Ltd. overvalued?
According to Wall Street analysts Paras Defence & Space Technologies Ltd.’s price is currently Overvalued.
Does Paras Defence & Space Technologies Ltd. pay dividends?
Paras Defence & Space Technologies Ltd. pays a Notavailable dividend of ₹0.5 which represents an annual dividend yield of 0.04%. 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 ₹4.15 in its last earnings report, beating expectations of ₹3.7. Following the earnings report the stock price went down -0.749%.
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.
Technical Analysis
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