Paras Defence and Space Technologies LimitedPARASCorporate

Aerospace & Defense Latest results: Jun 2026 14 quarters of data
₹1,298.90
MCap ₹10,467 Cr · P/E 117.4
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹118 Cr
Sales · Jun 2026
+35.1% YoY
₹30 Cr
Operating Profit · Jun 2026
+39.5% YoY
25.8%
OPM % · Jun 2026
+3.2% YoY
₹21 Cr
Net Profit · Jun 2026
+38.8% YoY
₹2.66
EPS · Jun 2026
-30.5% YoY

📝 Paras Defence and Space Technologies Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Paras Defence and Space Technologies Limited reported revenue of ₹118 crore for the quarter ended June 2026 (Q1 FY27), up 35.1% from ₹87 crore in the same quarter last year, and down 6.0% sequentially over the March 2026 quarter.

Net profit rose 38.8% year-on-year to ₹21 crore, from ₹15 crore. Earnings per share (EPS) came in at ₹2.66.

Operating profit stood at ₹30 crore — an operating margin (OPM) of 25.8%, compared with 25.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Paras Defence and Space Technologies Limited posted revenue of ₹417 crore, a growth of 24.8% over FY25, with a net profit of ₹83 crore (up 27.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹447 crore with a net profit of ₹89 crore.

Valuation snapshot

At the current price of ₹1,298.90, PARAS has a market capitalisation of ₹10,467 crore and a trailing P/E of about 117.4.

Within the Aerospace & Defense industry, it is the 14th-largest of the 30 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 53.20%, foreign institutional investors (FIIs) 7.48%, domestic institutional investors (DIIs) 4.63%, public shareholders 34.70% of Paras Defence and Space Technologies Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹10,467 Cr
Current Price ?
₹1,298.9
P/E ?
117.40above ind
Industry P/E ?
67.70
P/B ?
14.48
P/S ?
23.41
P/FCF ?
2,093.50
Enterprise Value ?
₹10,467 Cr
EV/EBITDA ?
88.06
PEG ?
3.67
Earnings Yield ?
1.0%
Dividend Yield ?
0.02%
Profitability & Returns
Sales (TTM) ?
₹447 Cr
OPM ?
26.6%
Profit after tax (TTM) ?
₹89 Cr
EPS (TTM) ?
₹11.06
ROCE ?
17.0%
ROE ?
12.3%
ROA ?
9.7%
Growth
Sales — latest qtr ?
₹118 Cr
PAT — latest qtr ?
₹21 Cr
YoY qtr sales growth ?
35.1%
YoY qtr profit growth ?
38.8%
Sales growth (3y) ?
25%
Sales growth (5y) ?
26%
Profit growth (3y) ?
32%
Profit growth (5y) ?
41%
Financial Health
Debt ?
₹0 Cr
Debt to Equity ?
0.00
Interest Coverage ?
38.8
Current Ratio ?
N/A
Ownership
Promoter holding ?
53.20%
Change in promoter holding ?
-0.54%
Pledged percentage ?
N/A
Market
Return 3 months ?
10.4%
Return 6 months ?
60.5%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 58456063657884829087103101126118 +35.1% -6.0%
Operating Profit 1411161411242423232231273030 +39.5% +0.7%
Other Income 111161335333103 +1.5% -71.5%
Interest 20112120201011 +85.7% -44.9%
Depreciation 33333333344444 +13.3% +5.1%
Profit Before Tax 108141013212122232129263529 +38.3% -18.3%
Net Profit 9610810161617171522202621 +38.8% -17.5%
EPS 2.271.592.591.952.654.074.004.124.223.832.762.423.222.66 -30.5% -17.4%
OPM % 23.5% 23.5% 26.9% 21.5% 17.1% 31.2% 28.3% 28.2% 25.3% 25.0% 30.3% 26.8% 24.1% 25.8% +3.2% +7.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹334 Cr ₹417 Cr ₹447 Cr +24.8%
Operating Profit ₹94 Cr ₹110 Cr ₹119 Cr +17.3%
OPM % 28.16% 26.46% 26.58% -6.0%
NPM % 19.49% 19.97% 19.94% +2.5%
Other Income ₹12 Cr ₹18 Cr ₹18 Cr +53.0%
Depreciation ₹14 Cr ₹15 Cr ₹16 Cr +12.9%
Interest ₹6 Cr ₹2 Cr ₹3 Cr -55.6%
EBIT ₹80 Cr ₹95 Cr ₹103 Cr +18.0%
PBT ₹87 Cr ₹111 Cr ₹119 Cr +27.5%
Tax ₹22 Cr ₹27 Cr ₹30 Cr +26.3%
Net Profit ₹65 Cr ₹83 Cr ₹89 Cr +27.9%
EPS ₹16.41 ₹12.23 ₹11.06 -25.5%
Material Cost ₹147 Cr ₹197 Cr ₹225 Cr +34.6%
Employee Cost ₹33 Cr ₹43 Cr ₹46 Cr +30.3%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 39394040 +0.0%
Reserves 374408603683 +13.3%
Borrowings 03510 -100.0%
Other Liabilities 90126187195 +4.3%
Total Liabilities 503608831919 +10.6%
Fixed Assets 158173178183 +2.8%
CWIP 4478 +14.3%
Investments 19313966 +69.2%
Other Assets 322400608661 +8.7%
Total Assets 503608831919 +10.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 49-172931 +6.9%
Cash from Investing Activity 10-20-78-27 +65.4%
Cash from Financing Activity -452378-18 -123.1%
Net Cash Flow 14-1428-14 -150.0%
Free Cash Flow 28-42-15 +600.0%
CFO/OP 105%-11%48%58% +20.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 247283308287 -6.8%
Inventory Days 323476351270 -23.1%
Days Payable 8719612584 -32.8%
Cash Conversion Cycle 482563534473 -11.4%
Working Capital Days 339366334311 -6.9%
ROCE % 13%11%17%17% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 53.74%53.20%53.20%53.20%53.20% +0.0%
FIIs 6.85%5.70%4.92%5.06%7.48% +47.8%
DIIs 1.94%1.46%1.28%1.24%4.63% +273.4%
Public 37.46%39.64%40.61%40.52%34.70% -14.4%
No. of Shareholders 3,35,0753,70,5083,69,1013,76,8133,43,483 -8.8%

⚖️ Peer comparison

Industry: Aerospace & Defense · top 25 of 30 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 HAL Hindustan Aeronautics ₹4,905.00 328,034 35.2 33,785 9,321 29.6% 27.6% 6.8% 9.0% 14.4% 14.9%
2 BEL Bharat Electronics ₹404.35 295,571 48.1 28,689 6,147 28.6% 21.4% 15.9% 13.9% 25.6% 8.8%
3 MAZDOCK Mazagon Dock ₹2,339.00 94,351 33.0 13,323 2,854 19.3% 21.4% 13.8% 14.2% 12.1% 21.7%
4 BDL Bharat Dynamics ₹1,190.00 43,621 83.7 2,766 521 12.7% 18.8% -27.0% -23.6% 130.8% 547.4%
5 COCHINSHIP Cochin Shipyard ₹1,381.00 36,331 53.4 5,047 680 15.1% 13.5% 4.2% -13.4% 2.4% -19.4%
6 GRSE Garden Reach ₹2,394.90 27,434 34.3 7,507 801 11.1% 10.7% 37.9% 41.9% 38.5% 44.0%
7 DATAPATTNS Data Patterns ₹4,829.00 27,035 100.9 941 267 39.6% 28.4% 30.5% 22.4% 17.2% -15.2%
8 SIGMAADV SIGMA ADVANCED ₹965.50 18,338 233.8 194 73 22.5% 37.6% — — — -93.0%
9 ASTRAMICRO Astra Microwave ₹1,688.50 16,031 84.8 1,139 189 28.5% 16.6% 10.5% 26.1% -11.5% -24.1%
10 APOLLO Apollo Micro ₹413.85 15,379 121.0 1,022 115 22.6% 11.3% 60.8% 90.9% 88.1% 42.6%
11 ZENTEC Zen Technologies ₹1,679.80 15,109 55.9 829 250 34.4% 30.1% -47.9% -44.0% -10.5% -40.0%
12 AEQUS Aequs ₹226.75 14,849 — 1,371 -171 5.6% -12.5% — — 54.5% -1430.7%
13 SWANDEF SWAN DEFENCE ₹2,734.00 14,403 41.2 341 350 -90.2% 102.4% 3886.9% -48.6% 72.1% 2932.2%
14 PARAS Paras Defence ₹1,307.30 10,535 104.4 511 96 25.5% 18.8% 30.7% 45.5% 37.3% 45.3%
15 UNIMECH Unimech Aerospace ₹1,779.80 9,060 125.7 285 72 33.1% 25.2% -0.5% -24.7% 70.8% 46.7%
16 AXISCADES AXISCADES Technologies ₹1,817.70 7,731 151.0 1,262 51 10.9% 4.1% 12.4% -4.3% 42.2% —
17 MIDHANI Mishra Dhatu ₹403.90 7,567 56.1 1,278 135 18.8% 10.6% 12.6% 18.7% 40.5% 28.6%
18 CYIENTDLM Cyient DLM ₹900.90 7,150 85.2 1,439 84 10.0% 5.8% -17.0% 7.7% 26.5% 5.8%
19 CENTUM Centum Electronics ₹4,276.10 6,303 76.3 1,072 83 11.4% 7.7% -1.2% -852.0% -25.3% 2257.0%
20 ROSSTECH Rossell Techsys ₹1,549.80 5,864 227.2 552 26 12.9% 4.7% 86.8% 175.3% 77.1% 116.5%
21 AVANTEL Avantel ₹156.19 4,150 251.9 241 17 22.7% 7.1% -10.5% -73.4% 35.7% 67.2%
22 IDEAFORGE Ideaforge Technology ₹761.60 3,786 n/m 283 3 9.3% 1.2% 41.0% 71.4% 427.6% 89.2%
23 JAYKAY Jaykay Enterprises ₹188.76 2,459 12.9 259 200 10.7% 77.2% 129.1% 2867.2% 14536.6% —
24 543920 CFF Fluid ₹778.35 2,150 41.6 209 39 28.2% 18.7% — — 59.1% 100.0%
25 523606 Sika Interplant ₹1,113.70 2,002 68.1 186 35 22.0% 18.6% 43.1% 38.2% -37.0% -18.8%
❓ Frequently asked questions
What was Paras Defence and Space Technologies Limited's revenue in Q1 FY27?
Paras Defence and Space Technologies Limited reported revenue of ₹118 crore for the quarter ended June 2026 (Q1 FY27), up 35.1% from ₹87 crore in the same quarter last year, and down 6.0% sequentially over the March 2026 quarter.
What was Paras Defence and Space Technologies Limited's net profit in Q1 FY27?
Net profit rose 38.8% year-on-year to ₹21 crore, from ₹15 crore. Earnings per share (EPS) came in at ₹2.66.
What is PARAS's market capitalisation and P/E ratio?
At the current price of ₹1,298.90, PARAS has a market capitalisation of ₹10,467 crore and a trailing P/E of about 117.4.
Who owns Paras Defence and Space Technologies Limited? (shareholding pattern)
As of Sep 2026, promoters held 53.20%, foreign institutional investors (FIIs) 7.48%, domestic institutional investors (DIIs) 4.63%, public shareholders 34.70% of Paras Defence and Space Technologies Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI