Defense stocks saw a surge of 11% in Apollo Micro, driven by a stronger performance of the private sector. Similarly, Paras Defence, Astra Microwave, and other defense companies experienced gains, with the Nifty Defense index rising by 1.2%. This suggests a positive trend in the defense sector.
Paras Defence and Space Technologies Limited
PARASPrice History
Recent Discussions
Paras Defence is poised for a robust Q4, with expectations of an increased order book, potentially doubling from current levels. The company's expansion in anti-drone technologies and semiconductor ventures are key growth catalysts, as suggested by Amit Mahajan.
Paras Defence has experienced a notable increase in both quarterly revenue and EBITDA, as reported in their latest earnings. The company is now strategically focusing on long-term growth and sustainability efforts, aiming to maintain this momentum until fiscal year 2027.
Paras Defence & Space Technologies (PARAS) demonstrates consistent growth, with earnings per share increasing by 33% annually over the past three years. Notably, insiders own a significant 56% stake, indicating their commitment to the company's success and mirroring the interests of its shareholders. Revenues reached an impressive ₹4.9 billion last year, reflecting a robust growth of 35%.
Paras Defense's Q4 profits have significantly increased by 75% year-on-year, reaching ₹34.4 crores. This strong financial performance indicates a robust growth trajectory for the company in the defense sector.
Paras Defence shows a significant 50% increase in Q4 EBITDA compared to last year, reaching 426 million. However, the EBITDA margin dipped slightly to 24.9%, down from 26.14%.
Paras Defence reported a net profit of INR 83 crores for Q4 and the financial year ending March 2026, according to their audited results. Shareholders can expect a dividend of INR 1 per share as the board has approved it. The internal and cost auditors for FY 2026-27 have also been reappointed.
Paras Defense experiences a 4.9% drop due to broader weakness in the defense sector. Simultaneously, Kaynes Technology and ideaforge see declines of 4.6% and 3%, respectively, on May 12th. This suggests increased market uncertainty for defense stocks.
Paras Defence secures a 7.72 crore INR order from DRDO, indicating a promising outlook for their business growth. This contract could potentially bolster the company's expansion in the defense sector.
Paras Defence has won an order worth INR 7.72 crore from DRDO for developing Ku C Band Satellite Communication Antennas, marking a significant milestone in their projects. The contract is set to be fulfilled by April 2028, with no involvement from related parties.
Paras Defence has teamed up with Complus Systems JV Micronics to create Anechoic and Semi-Anechoic Chambers. Paras Defence will take charge of the design, production, and strategic planning, while their partners bring valuable technical knowledge and manufacturing assistance to the project.
Paras Defence has secured a significant 10-year partnership with Northstar, focusing on developing refueling system products without any equity investment involvement.
Paras Defence is aiming to boost its revenue from optics to 65% by fiscal year 29, targeting a high margin of over 28%. The company's current order book stands at ₹950 crore and they are considering a significant satellite project worth ₹27,000 crores, as well as exploring anti-drone technology and export growth through partnerships.
Paras Defence has sold off a significant 58% stake in Ayatti Innovative Pvt Ltd for approximately INR 6.99 crore to Unifab Ultra Technologies LLP as of March 30, 2026.