Paras Defence and Space Technologies
Paras Defence and Space Technologies Share Price Chart
Paras Defence and Space Technologies last traded at ₹1,303.70 (2026-10-13). Over the past month the stock moved -10.2%, three months the stock moved +51.9%, year the stock moved +74.3%. Its closing range over 52 weeks is ₹622.95 – ₹1,527.65, with the latest close 14.7% below the high.
Closing prices up to 2026-10-13.
About Paras Defence and Space Technologies
Paras Defence and Space Technologies (PDST) is an Private sector company primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - Defence & Space Optics, Defence Electronics, Heavy Engineering and Electromagnetic Pulse Protection Solutions.[1]
Market Leadership[1] The company is one of India’s leading players in the defence and space sector. It is the only manufacturer of submarine periscopes in the Asia Pacific and the sole Indian private firm producing indigenous hyper-spectral cameras for space missions. Additionally, the company is the only domestic provider of turnkey electromagnetic protection solutions and has pioneered a unique border defence system in collaboration with DRDO to enhance soldier safety. [2]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Paras Defence and Space Technologies reported sales of ₹128.00 crore (+37.6%) and net profit of ₹21.00 crore (+50.0%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 128.00 | 32.00 | 25.00 | 21.00 | 2.63 |
| Mar 2026 | 171.00 | 43.00 | 25.00 | 39.00 | 4.27 |
| Dec 2025 | 106.00 | 26.00 | 25.00 | 17.00 | 2.26 |
| Sep 2025 | 106.00 | 30.00 | 28.00 | 19.00 | 2.56 |
| Jun 2025 | 93.00 | 22.00 | 23.00 | 14.00 | 1.84 |
| Mar 2025 | 108.00 | 28.00 | 26.00 | 21.00 | 2.45 |
| Dec 2024 | 86.00 | 22.00 | 26.00 | 14.00 | 1.87 |
| Sep 2024 | 87.00 | 23.00 | 26.00 | 13.00 | 1.78 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +42.6% | +34.4% | +35.0% | +10.7% | +21.8% | +23.3% | +58.3% | +37.6% |
| Operating profit growth | +43.8% | +83.3% | +133.3% | -8.3% | +30.4% | +18.2% | +53.6% | +45.5% |
| Net profit growth | +44.4% | +133.3% | +110.0% | +0.0% | +46.2% | +21.4% | +85.7% | +50.0% |
| EPS growth | +47.1% | +120.0% | +91.4% | -3.2% | +43.8% | +20.9% | +74.3% | +42.9% |
| OPM % | 26.0% | 26.0% | 26.0% | 23.0% | 28.0% | 25.0% | 25.0% | 25.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Paras Defence and Space Technologies reported sales of ₹477.00 crore (+30.7%) and net profit of ₹89.00 crore (+45.9%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 477.00 | 120.00 | 25.00 | 89.00 | 10.93 |
| Mar 2025 | 365.00 | 97.00 | 27.00 | 61.00 | 7.87 |
| Mar 2024 | 254.00 | 53.00 | 21.00 | 30.00 | 4.11 |
| Mar 2023 | 222.00 | 58.00 | 26.00 | 36.00 | 4.62 |
| Mar 2022 | 183.00 | 52.00 | 29.00 | 27.00 | 3.47 |
| Mar 2021 | 143.00 | 44.00 | 31.00 | 16.00 | 2.63 |
| Mar 2020 | 147.00 | 40.00 | 27.00 | 20.00 | 3.46 |
| Mar 2019 | 154.00 | 43.00 | 28.00 | 19.00 | 16.64 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales growth | -4.5% | -2.7% | +28.0% | +21.3% | +14.4% | +43.7% | +30.7% |
| Operating profit growth | -7.0% | +10.0% | +18.2% | +11.5% | -8.6% | +83.0% | +23.7% |
| Net profit growth | +5.3% | -20.0% | +68.8% | +33.3% | -16.7% | +103.3% | +45.9% |
| EPS growth | -79.2% | -24.0% | +31.9% | +33.1% | -11.0% | +91.5% | +38.9% |
| OPM % | 27.0% | 31.0% | 29.0% | 26.0% | 21.0% | 27.0% | 25.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
Paras Defence is trading at ₹792.15, up 24% in 1 month and 37% over 1 year, with a strong bullish technical setup (RSI 55, Tech Score 68.3, Trend BULLISH, Sector Rank 93rd percentile). Fundamentally, the company demonstrates solid earnings quality with TTM net profit of ₹71 Cr (EPS ₹9.11) and expanding OPM of 26%, though valuation is stretched at P/E 86.4x (vs industry 50.6x) and P/B 9.11x, warranting caution on entry levels. Key near-term catalysts include recent defence agreements (Northstar air-to-air refueling systems pact, testing capabilities MoU), but valuation multiple compression and FII outflow (-78 bps QoQ) present execution risks.
- Strong operating margins (26% OPM TTM) with net profit expanding to ₹71 Cr and EPS of ₹9.11, demonstrating earnings quality and pricing power in defence segment
- Low leverage (D/E 0.08, Sep 2025) with robust operating cash flow (₹45 Cr in Mar 2025) backing capex investments of ₹87 Cr, indicating self-funded growth trajectory
- Dominant market position (Sector Rank 93rd percentile) reinforced by recent strategic partnerships (Northstar refueling systems, defence testing capability MoU) and solid promoter conviction (53.2% holding, no share encumbrance disclosed for FY26)
- Valuation appears stretched at P/E 86.4x vs industry 50.6x and P/B 9.11x—approximately 70% premium to peers—creating significant downside risk if earnings growth decelerates or multiple re-rates toward sector average
- FII shareholding declining 78 bps QoQ to 4.92% (from 5.7%), signaling potential softening institutional conviction; coupled with modest delivery ratio (51.4%) and small market cap (₹6,346 Cr), stock exhibits liquidity and flow-of-funds vulnerability
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
See Full AI Analysis — Free FREE →Latest News
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Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02%
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Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02%
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Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02%
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Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02%
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Stock to buy today: Paras Defence & Space Technologies (₹1,489) – BUY - BusinessLine
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Stock to buy today: Paras Defence & Space Technologies (₹1,489) – BUY - BusinessLine
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Stock to buy today: Paras Defence & Space Technologies (₹1,489) – BUY - BusinessLine
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Stock to buy today: Paras Defence & Space Technologies (₹1,489) – BUY - BusinessLine
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Jyoti Global Plast Gets ₹8.63-Crore Orders From Paras Defence; Shares Rise 4.96%
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Paras Defence, Zen Tech, other defence shares rise up to 8% as MoD notifies sixth Positive Indigenisation... - Moneycontrol.com
Frequently Asked Questions
What is Paras Defence and Space Technologies's current stock price?
Paras Defence and Space Technologies shares were last quoted at ₹1,303.70 (+2.8% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Paras Defence and Space Technologies?
Paras Defence and Space Technologies has a price-to-earnings (P/E) ratio of 112.83 and a price-to-book (P/B) ratio of 14.28. The industry P/E is 46.77.
What is the 52-week high and low of Paras Defence and Space Technologies?
The 52-week high of Paras Defence and Space Technologies is ₹1,584.95 and the 52-week low is ₹580.00.
What is the market cap of Paras Defence and Space Technologies?
The market capitalisation of Paras Defence and Space Technologies is about ₹10,656.87 crore.
How did Paras Defence and Space Technologies perform in its latest quarterly results?
In the latest quarter (Jun 2026), Paras Defence and Space Technologies reported sales of ₹128.00 crore (+37.6%) and net profit of ₹21.00 crore (+50.0%), compared with the same quarter last year.
Is Paras Defence and Space Technologies a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Paras Defence and Space Technologies has a 3-year ROE of 11.00%, 3-year profit growth of 34.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Paras Defence and Space Technologies?
Promoters hold about 53.20% of Paras Defence and Space Technologies.
Which sector does Paras Defence and Space Technologies belong to?
Paras Defence and Space Technologies belongs to the Defence sector.