Paras Defence & Space Technologies Ltd. (IN:PARAS)
:PARAS
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PARAS Stock Chart & Stats
₹693.15
₹44.60(4.18%)
At close: 4:00 PM EST
₹693.15
₹44.60(4.18%)
Day’s Range― - ―
52-Week Range₹580.00 - ₹1,066.00
Previous CloseN/A
Volume1.05M
Average Volume (3M)59.70K
Market Cap
₹83.90B
Enterprise Value₹65.11B
Total Cash (Recent Filing)₹929.50M
Total Debt (Recent Filing)₹559.60M
Price to Earnings (P/E)95.1
Beta1.85
Next Earnings
Aug 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.07%
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)13.9
Revenue Forecast (FY)₹5.86B
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthSustained high revenue growth (c.30.7% reported) and the firmwide note of 'strong and consistent revenue growth' point to durable demand and successful contract wins. For a defence supplier with multi‑year order books, this supports long‑term top‑line momentum and expanding customer adoption.
Healthy Operating And Net MarginsMid‑teens net margins and strong operating profitability across recent years indicate a resilient margin profile for mission‑critical defence manufacturing. This margin base supports reinvestment in R&D and qualification while reflecting pricing power on specialized products.
Conservative Balance Sheet / Low LeverageA conservative capital structure with low leverage and steady equity growth reduces refinancing and solvency risk. For a company executing long procurement cycles and qualification programs, the strong balance sheet preserves financial flexibility to fund bids, certifications, and working‑capital needs.
Bears Say
Inconsistent Cash Generation / Negative FCFUneven conversion of profits to cash and a recent negative free cash flow undermine internal funding capacity. Inconsistent OCF implies working‑capital swings or high reinvestment needs, increasing reliance on external financing for order fulfilment and slowing durable deleveraging or capex flexibility.
Margin Volatility Tied To Contract TimingObserved margin swings across recent years suggest sensitivity to contract mix, timing and pricing. For a business driven by tender awards and bespoke systems, this variability can reduce predictability of earnings and complicate multi‑year planning and sustainable margin improvement initiatives.
Customer Concentration & Long Procurement CyclesHeavy reliance on government/PSU tenders and long sales/qualification cycles concentrates revenue timing risk and award uncertainty. This structural dependence can elongate cash conversion, delay revenue recognition, and expose the firm to procurement policy shifts or concentrated counterparty exposure.
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 ₹1066.00 in the past 12 months.
What is Paras Defence & Space Technologies Ltd.’s market cap?
Paras Defence & Space Technologies Ltd.’s market cap is ₹83.90B.
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 60 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 0.07%. 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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