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NSE: PARAS · Capital Goods & Defence

Paras Defence and Space Technologies Ltd.

1,454.80 2.54%
Open
1,497.50
High
1,506.00
Low
1,451.00
Prev close
1,492.70
Volume
6,13,310

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What Paras Defence and Space Technologies does

Paras Defence and Space Technologies is a niche defence electronics and optics company operating across defence and space optics (large optics, gratings, space-grade mirrors and optical payload components), defence electronics (EMP protection, subsystems), heavy engineering, and unmanned systems/anti-drone solutions including drone JVs. It supplies DRDO, ISRO, defence PSUs and private integrators, benefiting from indigenisation policy. Order-book execution across small, high-mix programmes drives revenue.

It is one of the few Indian companies with space-qualified optics manufacturing capability.

Listing and classification

NSE symbol
PARAS
ISIN
INE045601023
Sector
Capital Goods & Defence
Sub-sector
Heavy Engineering
Market-cap tier
Micro Cap
Market-cap rank
#2152

Paras Defence and Space Technologies Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from Paras Defence and Space Technologies Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Per-share figures are not restated. Shares outstanding changed from 4.03 crore to 8.06 crore in FY26, consistent with a bonus issue or stock split. Each year's EPS and book value below are as that year was filed, on that year's share count — so the per-share line falls across FY26 even where profit did not. Compare the absolute figures (EBITDA, free cash flow, total debt) and the margins across that boundary, not the per-share ones.

Paras Defence and Space Technologies Ltd. — key consolidated ratios by financial year
MetricFY26FY25FY24
EPS (basic, ₹)10.9316.028.22
Book value / share (₹)90.00158.01113.66
Return on equity12.2%10.0%7.2%
Return on capital employed13.8%12.4%8.0%
Operating margin21.7%22.6%14.9%
Net margin18.8%16.9%11.8%
EBITDA₹120 Cr₹97 Cr₹51 Cr
Free cash flow₹-13 Cr₹10 Cr₹-72 Cr
Total debt₹27 Cr₹23 Cr₹65 Cr
Debt to equity0.040.040.15
Interest coverage22.212.46.9
Current ratio3.233.132.35
Shares outstanding8,05,80,0004,02,90,0003,90,00,000

Open the full income statement, balance sheet and cash flow for PARAS

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
53.20%
FII / FPI
8.29%
DII
3.05%
Public
46.80%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Heavy Engineering

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
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A forecast of next quarter
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Intraday precision
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