Paras Defence and Space Technologies Limited

Paras Defence and Space Technologies Limited (PARAS) is a small-cap Capital Goods company valued at ₹10,464 crore operating in Aerospace & Defense on the NSE and BSE.

Recent price move

Paras Defence and Space Technologies Limited last traded at ₹1,296.6, up 2.82% on the day.

Recent developments

On 2026-09-28, the company announced it had won a contract, which is expected to boost future revenue and profitability.

Financial performance

The company's business is improving, with annual revenue rising 30.6% and net profit growing 46.7% year-over-year. The latest quarter saw revenue and net profit jump 37.5% and 48.1% respectively compared to the same quarter a year earlier, driven by stronger performance in all segments. Net profit margin widened to 18.8% from 16.7% in the prior year, while return on equity and return on capital employed remained at 12.1% and 16.3% respectively.

Valuation multiples

The stock trades at 118.6 times earnings, 17.11 times book value. It yields 0.1%.

Things to watch

The stock is 19.5% below its 52-week high, indicating a significant pullback from recent peak levels. While the company remains almost debt-free with a debt-to-equity ratio of 0.04, the recent decline in price may reflect market uncertainty or sector-specific challenges.

Where it stands

The company has delivered strong revenue and profit growth over both three and five years, with recent quarterly results showing continued momentum. The most significant movement was the 19.5% drop from the 52-week high, which highlights recent volatility in the stock's price.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.