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Paras Defence and Space Technologies Ltd

Tue 7/04/2026,15:58:24 | NSE : PARAS

₹ 640.70-2.70 (-0.42%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 639.00

Previous Close

₹ 643.40

Volume

540332

Mkt Cap ( Rs. Cr)

₹5163.23

High

₹ 648.20

Low

₹ 630.10

52 Week High

₹ 972.50

52 Week Low

₹ 410.65

Book Value Per Share

₹ 85.45

Dividend Yield

0.07

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Paras Defence and Space Technologies Ltd

Your Vote -

Buy

48.04%

Hold

12.42%

Sell

39.54%

48.04%

2979 users have voted

Market Depth

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Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

640.70

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Bid Total

27

Bid Price

Qty

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Bid Total

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Option Chain

Analyzes market sentiment, predicts Paras Defence and Space Technologies Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Paras Defence - Appointment of Company Secretary and Compliance Officer

    6 Apr 2026, 6:13PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Appointment of Company Secretary and Com

  • Paras Defence - Diversification/Disinvestment

    30 Mar 2026, 2:39PM Paras Defence And Space Technologies Limited has informed the Exchange that PARAS has divested its entire 58.02% equity stake held in its subsidiary,

  • Paras Defence - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment

    30 Mar 2026, 2:39PM We wish to inform that PARAS has divested its entire 58.02% equity stake held in its subidiary, Ayatti Innovative Private Limited.

  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    24 Mar 2026, 2:26PM We would like to inform that the management of PARAS will be meeting Niveshaay Investment Advisors, Analyst / Institutional Investor on Monday, March

  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Mar 2026, 2:20PM Paras Defence And Space Technologies Limited has informed the Exchange that the management of Paras Defence and Space Technologies Limited ( PARAS ) w

  • Paras Defence - Trading Window

    23 Mar 2026, 1:46PM Paras Defence And Space Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider T

  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    23 Mar 2026, 10:53AM Paras Defence And Space Technologies Limited has informed the Exchange that the management of PARAS will be meeting Analyst / Institutional Investor a

  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    23 Mar 2026, 10:52AM We would like to inform that the Management of PARAS will be meeting Pictet Asset Management, UK, Analyst/Institutional Investor on Friday, March 27,

  • Paras Defence - General Updates

    13 Mar 2026, 1:25PM Paras Defence And Space Technologies Limited has informed the Exchange about the Grant of Stock Options (Phase-2) under Paras Defence And Space Techno

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -

    13 Mar 2026, 1:22PM Grant of Stock Options (Phase - 2) under Paras Defence and Space Technologies Limited - Employee Stock Option Plan 2024.

  • Paras Defence - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    10 Mar 2026, 1:00PM We would like to inform you that the management of PARAS will be meeting Fullerton Fund Management, Analyst/Institutional Investor, on Monday, March 1

  • Paras Defence - Analysts/Institutional Investor Meet/Con. Call Updates

    10 Mar 2026, 1:00PM Paras Defence And Space Technologies Limited has informed the Exchange that the management of Paras Defence and Space Technologies Limited ( PARAS ) w

  • Paras Defence - Bagging/Receiving of orders/contracts

    9 Mar 2026, 10:56AM Paras Defence And Space Technologies Limited has informed the Exchange about receipt of an order from DRDO, Ministry of Defence valued at approximatel

  • Paras Defence - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    9 Mar 2026, 10:43AM We are pleased to inform that PARAS has received an order from DRDO, MInistry of Defence valued at approximately Rs. 80.28 Cr. (Incl. of Taxes) for De

  • Paras Defence - General Updates

    4 Mar 2026, 10:01AM We are pleased to inform that PARAS has signed a Memorandum of Understanding (MoU) with Green Optics Co. Ltd., South Korea

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 -

    4 Mar 2026, 10:00AM We are pleased to inform that PARAS has signed a Memorandum of Understanding (MoU) with Green Optics Co. Ltd., South Korea.

  • Paras Defence - Announcement under Regulation 30 (LODR)-Acquisition

    27 Feb 2026, 4:08PM We are pleased to inform that a Subsidiary Company of PARAS in the name of Paras Semiconductors Private Limited (\Subsidiary\) has been incorporated o

  • Paras Defence - Incorporation

    27 Feb 2026, 4:05PM We are pleased to inform that a subsidiary company of Paras Defence and Space Technologies Limited ( PARAS ) in the name of Paras Semiconductors Priva

  • Paras Defence - General Updates

    23 Feb 2026, 1:11PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    23 Feb 2026, 1:15PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015

  • Paras Defence - Incorporation

    20 Feb 2026, 5:44PM We are pleased to inform that a subsidiary company of Paras Defence and Space Technologies Limited ( PARAS ) in the name of Paras Avionics Private Li

  • Paras Defence - Announcement under Regulation 30 (LODR)-Acquisition

    20 Feb 2026, 5:42PM We are pleased to inform that a Subsidiary Company of PARAS in the name of Paras Avionics Private Limited (\Subsidiary\) has been incorporated on Febr

  • Paras Defence - Acquisition

    19 Feb 2026, 4:40PM Paras Defence And Space Technologies Limited has informed the Exchange about Acquisition of 49% in Equity Share Capital of Himanshi Thermal Solutions

  • Paras Defence - Announcement under Regulation 30 (LODR)-Acquisition

    19 Feb 2026, 4:28PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Acquisition

  • Paras Defence - General Updates

    17 Feb 2026, 1:28PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015- Proposed Acquisition

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015 -

    17 Feb 2026, 1:27PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclsoure Requirements), Regulations, 2015 - Proposed Acquisition

  • Paras Defence - Resignation

    3 Feb 2026, 5:04PM Paras Defence And Space Technologies Limited has informed the Exchange regarding Resignation of Jajvalya Raghavan as Company Secretary & Compliance O

  • Paras Defence - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer

    3 Feb 2026, 5:00PM Intimation under Regulation 30 SEBI (LODR) - Resignation of Company Secretary and Compliance Officer

  • Paras Defence Q3 net profit up 17.86% at Rs 19.53 cr

    23 Jan 2026, 3:00PM The company reported standalone net profit of Rs 19.53 crore for the quarter ended December 31, 2025 as compared to Rs 16.57 crore in the same period

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015

    23 Jan 2026, 2:13PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Formation of a New Subsidiary Company.

  • Paras Defence - Unaudited Standalone And Consolidated Financial Results For The Quarter And Period Ended December 2025.

    23 Jan 2026, 2:09PM Unaudited Standalone and Consolidated Financial Results for the quarter and period ended December 2025.

  • Paras Defence - General Updates

    23 Jan 2026, 2:07PM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015- Formation of a New Subsidiary Company

  • Paras Defence - Outcome of Board Meeting

    23 Jan 2026, 2:04PM Paras Defence And Space Technologies Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

  • Paras Defence - Board Meeting Outcome for Unaudited Standalone And Consolidated Financial Results For The Quarter And Period

    23 Jan 2026, 2:02PM Board Meeting outcome for Unaudited Standalone and Consolidated Financial Results for the Quarter and Period Ended December 31, 2025

  • Paras Defence - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Period Ended Decembe

    20 Jan 2026, 1:09PM Paras Defence And Space Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2026 ,inter a

  • Paras Defence - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015

    19 Jan 2026, 10:59AM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 - Formation of a Subsidiary Company

  • Paras Defence - General Updates

    19 Jan 2026, 10:59AM Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 Formation of a Subsidiary Company

  • Paras Defence has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2025

    12 Jan 2026, 3:20PM As of December 2025, 53.20% is owned by Indian Promoters and 46.80% by Public. <p align=justify> Institutional holds 6.20% (Insurance Companies 0.17%)

  • Paras Defence bags Rs. 80.3 cr from DRDO

    9 Mar 2026 , 11:11AM Receipt of Order from DRDO, Ministry of Defence

  • Paras Defence inks MoU with Green Optics, South Korea

    4 Mar 2026 , 10:15AM Paras Defence signs MoU with South Korea’s Green Optics to collaborate on space & defence optical systems

  • Paras Defence and Space Technologies Ltd

    20 Feb 2026 , 10:25AM Paras Defence acquired 49% equity stake in Himanshi Thermal Solutions on February 19, 2026. Himanshi Thermal operates in aerospace and defence engineering, specializing in fabricated metal products and liquid cold plates for space applications. - The company also provides vacuum heat treatment services. - Himanshi Thermal reported nil turnover in FY 24-25 and a PBT of Rs. -8,88,700, with losses over the past three years.

  • Paras Defence and Space Technologies

    25 Nov 2025 , 10:02AM Paras Defence and Space Technologies:The company has signed a Memorandum of Understanding (MoU) with the Inter-University Accelerator Centre (IUAC), New Delhi. Paras and IUAC will combine their respective capabilities to develop a commercial-grade MRI magnet system for indigenous manufacturing in the country, making India self-reliant in superconducting MRI magnet technology, thus nurturing Aatma Nirbhar Bharat. Positive

  • Paras Defence bags order from Ministry of Defence

    17 Nov 2025 , 12:58PM Paras Defence bags order from Ministry of Defence (MoD) worth Rs. 72 cr for the supply of 2 optronic periscopes

  • Paras Defence and Space Technologies Ltd

    12 Nov 2025 , 10:45AM Paras Defence and Space Technologies Ltd has secured multiple orders from the Ministry of Defence (MoD), strengthening its position in India’s counter-drone ecosystem. The company received a ₹35.68 crore order for Portable Counter-Drone Systems, and its subsidiary Paras Anti-Drone Technologies Pvt. Ltd. bagged a ₹3.95 crore order for RF Jammers (Integrated Drone Detector & Jammer) — both to be executed by May 2026. Positive

  • Paras Defence signs MoU with CIELO

    14 Oct 2025 , 10:11AM Paras Defence signs MoU with Israel-based CieloInertial for production of inertial solutions

  • Paras Defence bags order worth Rs. 26.60 cr from Defence Ministry

    12 Sep 2025 , 11:13AM Incremental orders from Opto Electronics Factory

  • Paras Defence bags order from BEL

    21 Aug 2025 , 3:09PM Paras Defence bags order worth Rs.45 cr from BEL for supply of processing & multi-sensor fusion system

  • Paras Defence and Space Technologies Ltd

    17 Jun 2025 , 12:15PM Paras Defence: Company’s long term and short term facilities ratings have been reaffirmed by ICRA. The outlook changed from Stable to Positive

  • Paras Defence and Space Technologies

    6 May 2025 , 8:55AM Paras Defence and Space Technologies signed a Memorandum of Understanding (MoU) with Israel-based HevenDrones Ltd to explore opportunities in the defence and civil drone markets. As part of the agreement, both companies intend to establish a Joint Venture (JV) in India aimed at developing and manufacturing logistics and cargo drones and intent to create new opportunities and expand both parties' business in the Indian and Global Defence sector. Positive

  • Paras Defence board to mull stock split proposal on April 30

    25 Apr 2025 , 12:27PM Sub-Division / Split of Existing Equity Shares, Consider and Recommend Payment of Dividend.

  • Paras Defence and Space Technologies Ltd

    4 Apr 2025 , 9:39AM Paras Defence: signs MoU with Israel's MicroCon Vision for advanced drone camera technology. Under this agreement, Paras Defence will become the exclusive supplier of advanced drone camera technology in India, offering these systems at significantly lower costs. Company will offer two models, whose usual import price is around Rs 20 lakh and Rs 40 lakh per unit. Paras Defence anticipates a 50-60% price reduction for each model, making advanced surveillance technology more accessible to Indian defence forces and for commercial applications. Positive

  • Paras Defence signs MoU with Israel-based MicroCon

    2 Apr 2025 , 10:28AM Paras Defence signs MoU with Israel-based MicroCon for exclusive partnership to work on micro ISR payloads

  • Paras Defence to Divest stake held in its arm Ayatti Innovative

    28 Mar 2025 , 3:08PM Paras defence to divest 58.02% stake (15.20 lk shares) held in its arm Ayatti Innovative

  • Paras Defence bags order worth Rs. 142 cr from DRDO

    20 Mar 2025 , 10:16AM Paras Defence gets an order from Center for High Energy Systems & Sciences

  • Paras Defence and Space Technologies

    23 Jan 2025 , 9:33AM Signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, for the proposed Optics Park Project in Navi Mumbai. The proposed Optics Park will involve an investment of approximately ₹12,000 crore over 10 years, contingent upon land allocation and requisite subsidies from the state government. The project is expected to generate 2,000 direct employment opportunities and establish India’s first dedicated technology hub for optics and optical technologies. Positive

  • Paras Defence gets license to manufacture Light Machine Guns

    7 Jan 2025 , 10:18AM The license has been grant to Paras Defence under the Arms Act, 1959.

  • Paras Defence associate company bags order from L&T

    30 Sep 2024 , 12:15PM Paras Defence associate company bags order worth Rs. 305 cr from L&T for electro-optics system

  • Paras Defence and Space Technologies

    16 Aug 2024 , 11:34AM The company received Rs 305 crore order from L&T for the electro-optics system. Positive

  • Paras Defence bags contract worth Rs. 53 cr from DRDO

    16 Jun 2023 , 10:05AM Paras Defence wins contract for Realization of Optronic Periscopes for ICS

  • Paras Defence and Space Technologies

    12 Apr 2023 , 10:48AM Paras Defence and Space Technologies’ subsidiary - Anti-drone Technologies Private Limited has entered into ‘Memorandum of Understanding’ (MoU) with Spacekawa Explorations Private Limited (Kawa Space) for indigenous developments and deployment of space intelligence, surveillance and reconnaissance (ISR) payloads which will include RF Wideband Software defined Radio (SDRs). Further by signing this MOU, Paras Anti-drone Technologies Private Limited and Spacekawa Explorations Private Limited (Kawa Space) intends to develop and advance technologies for space applications that can address the challenges of a rapidly changing world. Positive read thru for the stock from long-term perspective.

  • Paras Defence bags order worth Rs. 64 crore

    21 Mar 2023 , 2:06PM Paras Defence bags order worth Rs. 64 crore from Council of Scientific & Industrial Research (CSIR)

  • Paras Defence and Space Technologies

    20 Mar 2023 , 11:10AM Paras Defence has won the contract for avionics suite for Saras MK - 2 Aircraft from Council of Scientific & Industrial Research (CSIR) - National Aerospace Laboratories (NAL), Bengaluru of value totalling to approximately Rs. 64 crore deliveries for which are to be done in FY24. Saras is the first Indian multi-purpose civilian aircraft in the light transport aircraft category as designed by the CSIR-NAL. Avionics Suite of Saras MK – 2 aircraft is the complete glass cockpit of the aircraft, including all the equipment related to control, monitoring, communication, navigation, weather and anti-collision systems along with Auto-Pilot System. Positive for the stock.

  • Paras Defence signs MoU with CONTROP Precision

    15 Mar 2023 , 10:16AM Paras Defence signs MoU with CONTROP to form a JV in India for manufacturing electro-optic systems for various applications

  • Yantra India signs MoU for Technology Collaboration with Paras Defence

    16 Feb 2023 , 11:48AM Yantra India a Govt of India Enterprise signs MoU with Paras Defence during the ongoing Aero India 2023

  • Paras Defence and Space Technologies

    7 Sep 2022 , 10:26AM The company has entered into an exclusive teaming agreement with ‘ELDIS Pardubice’ s.r.o., Czech Republic with an intention to provide turnkey anti-drone systems for civilian airports in India. Positive development for the stock.
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Key fundamentals

Evaluate the intrinsic value of Paras Defence and Space Technologies Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 643.4686 480.5364 413.13 406.7428 299.3521
Liabilities 643.4686 480.5364 413.13 406.7428 299.3521
Equity 40.2937 39 39 39 29.8531
Gross Profit 94.0142 51.2906 55.281 51.4821 42.5759
Net Profit 65.0692 34.235 35.9282 26.9086 15.0812
Cash From Operating Activities 28.5622 -17.2145 49.476 12.773 3.7177
NPM(%) 19.49 14.72 16.76 14.94 11.35
Revenue 333.8541 232.4345 214.2796 180.0001 132.7969
Expenses 239.8399 181.1439 158.9986 128.518 90.221
ROE(%) 9.44 4.97 5.21 3.9 2.19

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
08 Aug 2025 0.5 10 0.08 1359.55

Peers

Other companies within the same industry or sector that are comparable to Paras Defence and Space Technologies Ltd

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Eimco Elecon (India) Ltd 1606.90 2.08 19.63 371.23 847.84 0.31
CIE Automotive India Ltd 458.65 -1.92 21.01 24413.84 218.31 1.53
Action Construction Equipment Ltd 835.00 0.83 23.52 7663.59 1718.20 0.24
Hercules Investments Ltd 159.32 -0.34 65.30 2059.36 174.44 0.00

Company Info

The Company was incorporated as "Paras Flow Form Engineering Limited" under the Companies Act, 1956, at Mumbai, pursuant to a certificate of incorporation dated June 16, 2009, issued by the RoC. the Company received the certificate for commencement of business on July 24, 2009. Subsequently, the name of the Company was changed to "Paras Flowform Engineering Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on September 22, 2009 to rectify the name of the Company, and a fresh certificate of incorporation, dated September 25, 2009 was issued by the RoC. Further, the name of the Company was changed to "Paras Defence and Space Technologies Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on December 2, 2015 to reflect the business of the Company as stated in the MoA, and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.The predecessor, M/s. Paras Engineering Co. ("PEC"), a proprietary concern, was established by the Promoter, Sharad Virji Shah in 1979. PEC was involved in the business of manufacturing precision machine components, pressed and fabricated components, precision spares, assemblies spring and fastners. The taking over of the PEC in all its entirety including all its assets and liabilities was one of the main objects of the Company at the time of its incorporation. the Company completed the acquisition of the plants and machinery of PEC on April 1, 2012.Major events and milestones :2009- Incorporation of the Company2015- Bagged an order for developing electronic control system2016- Started developing and manufacturing optics for space2017- Secured order for developing and manufacturing EMP racks2018- Expanded the presence of the Company in Bangalore- Amalgamation of Mechvac India Limited and Concept Shapers and Electronics Private Limited with the Company2019- Established the subsidiary, Paras Aerospace Private Limited, to venture into drone systems and services2020- MDAVF* made an investment in the Company 2021 -Company Received"DRDO awards Transfer of Technology (ToT) for Development of Border Surveillance System to Paras Defence". 2025 -The Company has splits its face value from Rs. 10 to Rs. 5

The Company was incorporated as "Paras Flow Form Engineering Limited" under the Companies Act, 1956, at Mumbai, pursuant to a certificate of incorporation dated June 16, 2009, issued by the RoC. the Company received the certificate for commencement of business on July 24, 2009. Subsequently, the name of the Company was changed to "Paras Flowform Engineering Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on September 22, 2009 to rectify the name of the Company, and a fresh certificate of incorporation, dated September 25, 2009 was issued by the RoC. Further, the name of the Company was changed to "Paras Defence and Space Technologies Limited" pursuant to a resolution passed by the Shareholders in an extraordinary general meeting held on December 2, 2015 to reflect the business of the Company as stated in the MoA, and a fresh certificate of incorporation, dated January 29, 2016 was issued by the RoC.The predecessor, M/s. Paras Engineering Co. ("PEC"), a proprietary concern, was established by the Promoter, Sharad Virji Shah in 1979. PEC was involved in the business of manufacturing precision machine components, pressed and fabricated components, precision spares, assemblies spring and fastners. The taking over of the PEC in all its entirety including all its assets and liabilities was one of the main objects of the Company at the time of its incorporation. the Company completed the acquisition of the plants and machinery of PEC on April 1, 2012.Major events and milestones :2009- Incorporation of the Company2015- Bagged an order for developing electronic control system2016- Started developing and manufacturing optics for space2017- Secured order for developing and manufacturing EMP racks2018- Expanded the presence of the Company in Bangalore- Amalgamation of Mechvac India Limited and Concept Shapers and Electronics Private Limited with the Company2019- Established the subsidiary, Paras Aerospace Private Limited, to venture into drone systems and services2020- MDAVF* made an investment in the Company 2021 -Company Received"DRDO awards Transfer of Technology (ToT) for Development of Border Surveillance System to Paras Defence". 2025 -The Company has splits its face value from Rs. 10 to Rs. 5

Parent Organisation

Paras Defence and Space Technologies Ltd.

Founded

16/06/2009

Managing Director

Mr.Munjal Sharad Shah

NSE Symbol

PARASEQ

FAQ

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