📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
0 analysed today
FollowTelegram
0
Today
152,139
All-time analysed
43,645
Positive
6,747
Negative
92,898
Neutral
8,781
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
29 announcements match the current filters (relevance ≥ 5).
Paras Defence Signs MoU with South Korea's Green Optics for Space and Defence Systems
Paras Defence and Space Technologies Limited has entered into a Memorandum of Understanding (MoU) with Green Optics Co. Ltd., South Korea. The partnership aims to establish a framework for joint development, manufacturing, and business development of high-end optics and optical systems. This collaboration specifically targets the Space and Defence sectors, leveraging Green Optics' expertise in precision design. While the financial implications are not yet quantified, this move strengthens Paras's technical capabilities and market reach in niche defense technologies.
Key Highlights
MoU signed with Green Optics Co. Ltd., South Korea, on March 04, 2026.
Collaboration focuses on joint development and manufacturing of Optics & Optical Systems.
Target sectors include Space, Defence, and other high-precision applications.
Agreement includes business development cooperation in respective geographical regions.
👀 What to Watch
Investors should view this as a positive strategic step toward enhancing technical expertise; monitor for future contract wins resulting from this partnership.
Paras Defence Incorporates Semiconductor Subsidiary; Holds 70% Stake for OSAT Business
Paras Defence and Space Technologies has incorporated a new subsidiary, Paras Semiconductors Private Limited, on February 27, 2026. The company holds a 70% majority stake in the new entity, having subscribed to 70,000 equity shares at a total cost of ₹7,00,000. This subsidiary is strategically positioned to enter the semiconductor space, specifically focusing on Advanced Heterogeneous Packaging and 3D Packaging OSAT (Outsourced Semiconductor Assembly and Testing). The venture targets high-growth applications including AI, High-Performance Computing (HPC), and Data Centers.
Key Highlights
Incorporation of Paras Semiconductors Private Limited as a 70% owned subsidiary of Paras Defence.
Initial investment of ₹7,00,000 for 70,000 equity shares at ₹10 per share.
Business focus on State-of-the-Art Advanced Heterogeneous Packaging and 3D Packaging OSAT.
Target markets include AI, High-Performance Computing (HPC), Networking, and Data Center applications.
Move aligns with India's strategic push into the semiconductor manufacturing and assembly ecosystem.
👀 What to Watch
Investors should monitor this development as a significant long-term growth lever that diversifies the company into the high-tech semiconductor value chain. Watch for future announcements regarding capital expenditure plans and potential partnerships for the OSAT facility.
Paras Defence Incorporates New Subsidiary Paras Avionics; Holds 60% Stake
Paras Defence and Space Technologies has incorporated a new subsidiary, Paras Avionics Private Limited, on February 20, 2026. The subsidiary will specialize in avionic systems, manufacturing, testing, and repair services for the aerospace and defence sectors. Paras Defence holds a 60% controlling stake in the entity, having initially subscribed to 6,000 equity shares at ₹10 each. This move signifies the company's intent to expand its footprint in specialized defence electronics and maintenance services.
Key Highlights
Incorporation of Paras Avionics Private Limited as a 60% owned subsidiary of Paras Defence.
Initial capital subscription of ₹60,000 for 6,000 equity shares at ₹10 per share.
Business focus includes systems and solutions for Avionic applications and MRO (Maintenance, Repair, and Overhaul).
The entity will cater specifically to defence and aerospace platforms, aligning with the parent company's core industry.
👀 What to Watch
Investors should view this as a strategic expansion into the high-margin avionics and MRO segment. Monitor future contract wins specifically attributed to this new subsidiary to gauge its operational scaling.
Paras Defence Acquires 49% Stake in Himanshi Thermal Solutions for Rs 49,000
Paras Defence and Space Technologies has completed the acquisition of a 49% equity stake in Himanshi Thermal Solutions Private Limited from DefSpace Technologies. The acquisition was executed for a nominal cash consideration of Rs 49,000, making Himanshi Thermal an Associate Company. The target entity specializes in thermal management solutions, including liquid cold plates for space and airborne applications, which aligns with Paras's core aerospace and defense business. Despite the strategic fit, the target company reported nil turnover for the last two fiscal years and remains loss-making.
Key Highlights
Acquired 4,900 equity shares representing a 49% stake for a total cash consideration of Rs 49,000.
Himanshi Thermal Solutions specializes in liquid cold plates for space/airborne applications and vacuum heat treatment.
The target company reported nil turnover in FY25 and FY24, with a turnover of Rs 2.15 lakh in FY23.
The transaction is classified as a Related Party Transaction as shares were acquired from DefSpace Technologies.
Himanshi Thermal has officially become an Associate Company of Paras Defence as of February 19, 2026.
👀 What to Watch
This is a very small-scale strategic acquisition aimed at niche technical capabilities rather than immediate revenue growth. Investors should monitor if this thermal management expertise helps Paras secure larger aerospace contracts in the future.
Paras Defence to Acquire 49% Stake in Himanshi Thermal Solutions for Rs 49,000
Paras Defence and Space Technologies has approved the acquisition of a 49% equity stake in Himanshi Thermal Solutions Private Limited from DefSpace Technologies. The acquisition is a related party transaction with a nominal cash consideration of Rs 49,000 for 4,900 shares. Himanshi Thermal specializes in thermal management solutions like liquid cold plates for aerospace and space applications, though it has reported zero turnover for the last three fiscal years. This strategic move aims to expand Paras's high-technology engineering capabilities, making the target an associate company.
Key Highlights
Acquisition of 4,900 equity shares representing a 49% stake in Himanshi Thermal Solutions.
Total acquisition cost is nominal at Rs 49,000, with completion expected by March 31, 2026.
Target entity specializes in liquid cold plates for space/airborne applications and vacuum heat treatment.
Himanshi Thermal reported nil turnover for FY 24-25, FY 23-24, and FY 22-23, with a loss of Rs 8.88 lakhs in FY 25.
The transaction is a Related Party Transaction as shares are being acquired from DefSpace Technologies.
👀 What to Watch
This is a small-scale strategic acquisition focused on niche technology rather than immediate financial gains. Investors should monitor how this thermal management expertise is integrated into Paras's broader aerospace and defense offerings.
Paras Defence Q3 FY26 PAT Rises 18% YoY to ₹19.5 Cr; New Avionics Subsidiary Approved
Paras Defence and Space Technologies reported a strong year-on-year performance for Q3 FY26, with standalone revenue growing 23% to ₹100.83 crore. Net profit for the quarter increased by 18% YoY to ₹19.53 crore, although it saw a slight sequential decline from Q2. The company also announced the strategic formation of a new subsidiary (60% stake) dedicated to avionics systems and aerospace maintenance. The Optics and Optronic Systems segment remains the primary growth driver, contributing over 57% of the total revenue.
Key Highlights
Standalone Revenue from Operations increased 23% YoY to ₹10,083 Lakhs from ₹8,198 Lakhs.
Standalone Profit After Tax (PAT) grew 18% YoY to ₹1,953 Lakhs compared to ₹1,657 Lakhs in the previous year.
Optics and Optronic Systems segment revenue rose significantly to ₹5,840 Lakhs from ₹4,488 Lakhs YoY.
Board approved a new 60%-owned subsidiary, Paras Avionics Private Limited, for aerospace systems and overhauling.
Basic EPS for the quarter stood at ₹2.42, adjusted for the recent 1:2 stock split (face value ₹5).
👀 What to Watch
Investors should view the steady YoY growth and expansion into avionics as positive indicators of long-term scalability. Maintain a watch on the execution of the new subsidiary and the order book in the high-margin Optics segment.
Paras Defence Q3 Net Profit Rises 18% to ₹19.5 Cr; Announces New Avionics Subsidiary
Paras Defence reported a 23% YoY growth in standalone revenue to ₹100.83 crore for the quarter ended December 31, 2025. Net profit for the period increased by 18% YoY to ₹19.53 crore, despite a one-time ₹1.68 crore impact from new labour code gratuity provisions. The company's Optics and Optronic Systems segment performed strongly, contributing ₹58.4 crore to the top line. Furthermore, the board approved the incorporation of a new 60%-owned subsidiary dedicated to avionics and aerospace systems, signaling further expansion in the high-tech defense sector.
Key Highlights
Standalone Revenue from Operations grew 23% YoY to ₹100.83 crore in Q3 FY26.
Net Profit for the quarter stood at ₹19.53 crore, up from ₹16.57 crore in the previous year's corresponding quarter.
Optics and Optronic Systems segment revenue increased significantly to ₹58.40 crore from ₹44.88 crore YoY.
Board approved a new subsidiary (60% stake) for avionic applications, manufacturing, and MRO services.
Earnings Per Share (EPS) for the quarter was ₹2.42, adjusted for the recent 1:2 stock split.
👀 What to Watch
Investors should take note of the robust growth in the high-margin optics segment and the strategic move into the avionics market. The steady earnings growth and expansion into new defense verticals support a positive long-term outlook for the stock.
Paras Defence to Form Subsidiary for Semiconductor OSAT with 70% Stake
Paras Defence and Space Technologies has approved the incorporation of a new subsidiary, Paras Semiconductors Private Limited, to enter the semiconductor OSAT market. The company will hold a 70% stake in the entity with an initial cash investment of ₹7,00,000. The subsidiary will focus on advanced technologies including 3D Packaging and Heterogeneous Packaging for AI, High-Performance Computing, and Data Centers. This move represents a significant strategic expansion into the high-growth semiconductor value chain.
Key Highlights
Incorporation of 'Paras Semiconductors Private Limited' as a 70% owned subsidiary
Focus on State-of-the-Art Advanced Heterogeneous and 3D Packaging OSAT
Targeting high-growth sectors: AI, HPC, Networking, and Data Center applications
Initial subscription of 70,000 equity shares at ₹10 each, totaling ₹7,00,000
Strategic move to diversify into the semiconductor assembly and testing industry
👀 What to Watch
Investors should view this as a long-term positive strategic shift into a high-entry-barrier industry. Monitor future announcements regarding capital expenditure, technology partnerships, and government incentive approvals for the OSAT facility.
Paras Defence Extends Timeline for 58.02% Stake Sale in Ayatti Innovative to March 2026
Paras Defence and Space Technologies has extended the deadline for the divestment of its 58.02% stake in subsidiary Ayatti Innovative Private Limited. The transaction, originally expected to conclude by December 31, 2025, is now slated for completion by March 31, 2026, due to ongoing due diligence by prospective buyers. Ayatti is currently a non-performing unit, reporting zero turnover and a negative net worth of Rs. 2.55 crore in FY 23-24. The company will disclose the final consideration and buyer details once the definitive agreement is signed.
Key Highlights
Divestment involves 15,20,000 equity shares representing a 58.02% stake in Ayatti Innovative.
Completion timeline extended by three months to March 31, 2026, pending due diligence.
Ayatti Innovative contributed NIL revenue to consolidated turnover in FY 23-24.
The subsidiary had a negative net worth of Rs. 2.55 crore as of March 31, 2024.
Transaction is confirmed to be with non-promoter entities and is not a related party transaction.
👀 What to Watch
Investors should monitor the final sale consideration as the exit from a loss-making, zero-revenue subsidiary is fundamentally positive for the company's consolidated balance sheet. The delay is administrative and does not currently signal a deal failure.
