tiprankstipranks
Paras Defence & Space Technologies Ltd. (IN:PARAS)
:PARAS
India Market
Want to see IN:PARAS full AI Analyst Report?

Paras Defence & Space Technologies Ltd. (PARAS) Price & Analysis

8 Followers

PARAS Stock Chart & Stats

₹693.15
₹44.60(4.18%)
At close: 4:00 PM EST
₹693.15
₹44.60(4.18%)

Bulls Say, Bears Say

Bulls Say
Revenue GrowthConsistent double‑digit revenue growth demonstrates sustained demand for defence and space products and effective contract execution. In a tender-driven market this supports scale, helps qualify the company for repeat multi‑year orders, and funds R&D and capacity investments over the medium term.
Balance Sheet StrengthLow leverage and steadily growing equity provide financial flexibility to fund certifications, capital equipment and absorb contract delays without relying on expensive debt. The de‑risking since the 2021 leverage spike reduces solvency risk and improves the firm's ability to pursue long‑cycle defence opportunities.
Profitability / MarginsMid‑teens net margins and strong operating profitability indicate durable margin generation from engineering and specialised manufacturing services. Robust margins support reinvestment, dividend distribution and buffer the business against periodic contract pricing pressure over the next several quarters.
Bears Say
Cash Conversion WeaknessNegative free cash flow despite reported profits signals weak conversion of earnings to cash, likely from working‑capital swings or upfront project spend. This raises the risk of funding shortfalls for capex or inventory, increasing reliance on reserves or external financing and constraining durable investment plans.
Margin & Mix VolatilityDocumented margin swings reflect sensitivity to contract mix, timing and execution. Such variability complicates budgeting and forecasting, can compress returns when lower‑margin orders dominate, and increases execution risk across multi‑year programmes that drive medium‑term profitability.
Customer Concentration & Long Sales CyclesHeavy reliance on government/PSU tenders concentrates demand and extends sales and acceptance cycles. That raises revenue timing risk, amplifies exposure to budgetary or regulatory shifts, and tends to lengthen receivable and acceptance timelines—exacerbating cash conversion and predictability issues.

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 ₹941.00 in the past 12 months.
    What is Paras Defence & Space Technologies Ltd.’s market cap?
    Paras Defence & Space Technologies Ltd.’s market cap is ₹61.42B.
      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 81 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. Get more investment ideas with TipRanks Premium
            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 designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company provides 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 offers diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures, lens barrels, and ultra-precision manufacturing products; rugged wired cabinets, shielded doors, honey comb filters, turnkey indigo simulator systems, submarine winches, titanium assemblies, and acoustic and magnetic sensing products, as well as naval electronic time fuze, naval chart, other software modules, and transducer positioning systems and platforms; high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilizations, tri-pods and quadri-pods, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged cots systems, data/video/image processing systems, and active array cooling assemblies, as well as software development and system integration services. In addition, the company provides Electro-Magnetic Pulse (EMP) shielded rooms and control centers, anechoic shielded chambers, shielded doors, racks and cabinets, shielded air vents and windows, filters, EMP hardened products, and anechoic shielded chambers, as well as 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 headquartered in Navi Mumbai, India.

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

                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Apollo Micro Systems Ltd.
                    Bharat Electronics Limited
                    Data Patterns (India) Limited
                    DCX Systems Limited
                    Unimech Aerospace & Manufacturing Limited
                    Popular Stocks