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Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies

Mid Cap537 EmployeesIPO 2021
Current Price
670.80
-10 (-1.47%)Updated
NSE :PARAS
BSE :543367
Today's Range
659.75
670.80
indicator
678.7
52 Week Range
52W Low608.60
52W High1945.00
670.80
indicator
Downside10.22%
Upside189.95%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
5,160.81 Cr
Market Cap
Total market value of company
P/E Ratio
69.49
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
8.05
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
9.11
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
6.15%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
15.60%
ROCE
Return on Capital Employed. >15% is good
Net Margin
17.76%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
9.71%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
19.92%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
11.50%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
0.13%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.04
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
79.41
Book Value
Net asset value per share
Dividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
53.20%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Debt-to-equity ratio is exceptionally low at 0.04, indicating a very strong balance sheet and minimal financial risk for the company, enhancing investor confidence.
  • Promoters maintain a significant stake of 53.20%, demonstrating strong confidence in the company's long-term prospects and stability, aligning management and shareholder interests.

Weaknesses

5 points
  • The stock trades at a high P/E ratio of 89.90, which is significantly above the industry average for many peers, suggesting it might be overvalued compared to its earnings.
  • The latest quarterly profit growth is a mere 0.13%, indicating a significant slowdown in profitability compared to previous periods and many industry peers, raising concerns.

Opportunities

4 points
  • Operating in the Aerospace & Defense sector, the company stands to benefit from increasing government spending and modernization efforts, driving demand for its specialized products.
  • Given its core capabilities, the company has opportunities to expand its product offerings and services within the defense and space technology domain, fostering new revenue streams.

Threats

5 points
  • The defense sector features large, established players like BEL and HAL, posing significant competitive challenges for market share and securing lucrative government contracts.
  • Changes in government defense procurement policies, import/export regulations, or budget allocations could negatively impact future orders and the company's operational stability.

Segment-wise Financial Analysis

Fetching Financials...
Fetching Balance Sheet...
Fetching Cash Flow...

Shareholding Pattern

Loading shareholding data...

Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
SHILPA AMIT MAHAJAN
19 May 202520 May 20255.92 L
1.08 L
₹1,662.41SELL
SHARAD VIRJI SHAH
19 May 202520 May 202563.75 L
9.00 L
₹1,682.67SELL
ANISH HEMANT MEHTA
19 May 202520 May 202512.03 L
2.17 L
₹1,664.62SELL
AMIT NAVIN MAHAJAN
19 May 202520 May 20255.92 L
1.08 L
₹1,662.83SELL
KAAJAL HARSH BHANSALI
19 May 202520 May 202512.04 L
2.17 L
₹1,662.62SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4717.65+₹46.85+6.98%
R3698.70+₹27.90+4.16%
R2688.70+₹17.90+2.67%
R1679.75+₹8.95+1.33%
PIVOT669.75-1.05-0.16%
CURRENT670.80--
S1622.90-₹47.90-7.14%
S2641.85-₹28.95-4.32%
S3650.80-₹20.00-2.98%
S4660.80-₹10.00-1.49%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
1.77M
(11 Mar 2026)
-47.1% vs avg
Delivery %
26.5%
(11 Mar 2026)
-4.4% vs avg
Avg Volume (20D)
3.35M
(11 Feb - 11 Mar)
20-day average
Avg Delivery %
30.9%
(11 Feb - 11 Mar)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
Bharat Electronics Ltd
3.27L ₹ Cr
Best Profit Growth
Rossell Techsys Ltd
182.00 %
Highest Dividend Yield
Hindustan Aeronautics Ltd
0.94 %

Peer Comparison

Company Name
APOLLO
Apollo Micro Systems Ltd
BDL
Bharat Dynamics Ltd
BEL
Bharat Electronics Ltd
DATAPATTNS
Data Patterns (India) Ltd
DCXINDIA
DCX Systems Ltd
GRSE
Garden Reach Shipbuilders & Engineers Ltd
HAL
Hindustan Aeronautics Ltd
IDEAFORGE
Ideaforge Technology Ltd
KRISHNADEF
Krishna Defence & Allied Industries Ltd
ROSSTECH
Rossell Techsys Ltd
UNIMECH
Unimech Aerospace and Manufacturing Ltd
ZENTEC
Zen Technologies Ltd

About

PARAS

Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies Limited (Paras Defence) is an Indian company specializing in the design, development, manufacturing, and testing of defense and space engineering products and solutions. Their operations span both domestic and international markets, catering to a diverse range of applications within the aerospace and defense sectors.

A significant portion of Paras Defence's business revolves around providing ruggedized systems for harsh environments. This includes rugged networking and communication systems, rugged display and computing solutions, and robust command and control systems crucial for military and space applications. They also manufacture mechanical components such as flow-formed tubes, which are vital parts in many aerospace and defense structures.

The company's expertise extends to avionics, where they produce avionic suites and automated test equipment. Their offerings in the optical and space technology domains are equally substantial, encompassing the production of diffractive gratings, various types of mirrors and lenses, optical domes, deployable space antennas, and advanced composite structures (CFRP) for space applications. This showcases their capabilities in high-precision manufacturing and advanced materials.

Furthermore, Paras Defence offers a wide array of products for land, sea, and air applications. These include naval electronic time fuses, acoustic and magnetic sensing products, submarine winches, titanium assemblies, tank imaging components, turret stabilization systems, and various sighting systems. They also provide high-performance embedded computing systems and undertake software development and system integration projects, demonstrating a comprehensive approach to defense solutions.

Finally, Paras Defence's portfolio includes specialized electromagnetic pulse (EMP) protection solutions. This includes the design and construction of EMP shielded rooms and control centers, along with individual components like shielded doors, vents, and filters. They offer turnkey EMP protection projects, highlighting their ability to manage complex projects from conception to completion. In essence, Paras Defence provides a broad range of technologically advanced products and services vital to the defense and space sectors.

COMPANY FACTS - PARAS

Registered Address

D-112, TTC Industrial Area, Nerul

Navi Mumbai

MAHARASHTRA

IN

Tel: 912269199999

Website:https://www.parasdefence.com/

Investor Relations:http://www.parasdefence.com
Company Details

Group: Capital Goods

Sector: Industrials

Industry: Aerospace & Defense

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 537

IPO Date: 01/10/2021

MANAGEMENT - PARAS

Mr. Sharad Shah

Non-Executive Non- Independent Chairman of the Board

Mr. Harsh Bhansali

Chief Financial Officer

Mr. Bharat Yelkur

Senior Vice President - Marketing

Mrs. Ami Shah

Senior Vice President - Human Resources and Administrator

Mr. K. Natarajan

Senior Vice President - Software Development

Dr. K. Padmanabham

Senior Vice President - Electronics

Mr. R. Rajagopalan

Senior Vice President - Business Development

Mr. G. Ravichandar

Senior Vice President, Head - Naval Business Development

Mr. N. Saravanan

Senior Vice President - System Integration

Ms. Jajvalya Raghavan

Compliance Officer, Company Secretary

Mr. Munjal Shah

Managing Director, Executive Director, Promoter

Mr. D. Ramakantha

General Manager - Business Development

Investor Questions Answered

Paras Defence and Space Technologies Ltd (PARAS) Stock FAQs

Get answers to the most common questions about Paras Defence and Space Technologies Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Paras Defence and Space Technologies Ltd (PARAS) is ₹670.8. Today, the stock has declined by ₹10.00 (1.47%), trading in a range of ₹659.75 to ₹678.7. The stock opened at ₹678.35 with a trading volume of 7,17,772 shares.
Paras Defence and Space Technologies Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹5,160.81 crores, P/E ratio of 69.49, ROE of 6.15%, and ROCE of 15.60%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Paras Defence and Space Technologies Ltd (PARAS) is ₹1,945, while the 52-week low is ₹608.6. Currently trading at ₹670.8, the stock is 4.7% away from its 52-week low and 65.5% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Paras Defence and Space Technologies Ltd stock at ₹670.8 depends on multiple factors. The stock is currently trading with a P/E ratio of 69.49 and P/B ratio of N/A. Today's performance shows a loss of 1.47%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Paras Defence and Space Technologies Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹670.8, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Paras Defence and Space Technologies Ltd's key financial metrics include: P/E Ratio: 69.49, P/B Ratio: N/A, ROE: 6.15%, ROCE: 15.60%, Dividend Yield: 0.00%, EPS: ₹9.11, Book Value: ₹79.41, Debt-to-Equity: 0.04, and Current Ratio: N/A. The company's market cap stands at ₹5,160.81 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Paras Defence and Space Technologies Ltd stock opened at ₹678.35 and is currently trading at ₹670.8, showing a decline of ₹10.00 (1.47%). The intraday high is ₹678.7 and low is ₹659.75. The trading volume stands at 7,17,772 shares, indicating moderate market participation today.
Paras Defence and Space Technologies Ltd has a Price-to-Earnings (P/E) ratio of 69.49, which means investors are willing to pay ₹69.49 for every ₹1 of earnings. With an EPS of ₹9.11, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
Paras Defence and Space Technologies Ltd has a market capitalization of ₹5,160.81 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹670.8) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Paras Defence and Space Technologies Ltd has a book value of ₹79.41 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹670.8, which is 744.7% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Paras Defence and Space Technologies Ltd has a Return on Equity (ROE) of 6.15% and Return on Capital Employed (ROCE) of 15.60%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Paras Defence and Space Technologies Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Paras Defence and Space Technologies Ltd has a debt-to-equity ratio of 0.04, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Paras Defence and Space Technologies Ltd has an Earnings Per Share (EPS) of ₹9.11, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹670.8 and P/E ratio of 69.49, investors are paying 69.49 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Paras Defence and Space Technologies Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Paras Defence and Space Technologies Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Paras Defence and Space Technologies Ltd stock, consider: 1) Fundamental Analysis - Review P/E (69.49), ROE (6.15%), debt-to-equity (0.04), and growth rates. 2) Technical Analysis - Check 52-week range (₹608.60 - ₹1945.00), moving averages, and chart patterns. 3) Valuation - Compare current price (₹670.80) with book value (₹79.41) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Paras Defence and Space Technologies Ltd share is ₹5.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹670.8 is 13316x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Paras Defence and Space Technologies Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹608.60 - ₹1945.00). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.04 indicates leverage. 4) Liquidity Risk - Based on trading volume of 7,17,772 shares. 5) Valuation Risk - P/E of 69.49 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Paras Defence and Space Technologies Ltd operates in the industry with key metrics: P/E ratio of 69.49, ROE of 6.15%, market cap of ₹5,160.81 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.04), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Paras Defence and Space Technologies Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹670.8, with a 52-week range of ₹608.60 to ₹1945.00. Based on fundamentals like P/E (69.49), ROE (6.15%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Paras Defence and Space Technologies Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹670.80. 2) Fundamental Deterioration - Declining ROE (currently 6.15%), increasing debt (D/E: 0.04), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Paras Defence and Space Technologies Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.