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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

₹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, multi-year revenue growth indicates durable demand for the company's defence/space products and successful contract wins. This trend supports a growing order book, enables scale in engineering/manufacturing, and underpins sustained investment in product development and qualification.
Healthy ProfitabilityMid-teens net margins and robust operating profitability point to structural pricing power and cost control in mission-critical engineering work. Sustainable margins support reinvestment, tolerate contract timing swings, and provide an earnings buffer across multi-year defence programmes.
Conservative Balance SheetA low-leverage, equity-strengthened balance sheet gives lasting financial flexibility to fund qualification cycles, bid for large tenders, and absorb payment timing delays. Conservative capital structure reduces refinancing risk and supports steady returns through industry cycles.
Bears Say
Inconsistent Cash GenerationVolatile OCF and instances of negative free cash flow despite reported profits indicate weak cash conversion from earnings. Over time this raises working-capital strain, limits self-funding of capex or growth, and increases reliance on external financing around long defence payment cycles.
Margin VolatilityHistorical swings in gross and net margins reflect contract mix, timing, or cost pressures. Persistent margin volatility undermines earnings predictability, complicates long-term planning for R&D and capacity, and increases downside risk if large contracts reprice unfavorably.
Dependence On Government ProcurementA business model concentrated on government/PSU tenders creates structural revenue timing and award risk. Long procurement and acceptance cycles can delay cash receipts, concentrate revenues in a few awards, and reduce near-term visibility on order flow and capacity utilization.

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 ₹103.90B.
      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 39 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 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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