Paras Defence and Space Technologies Limited
Fundamental Score
Paras Defence and Space Technologies Limited Share Price Live NSE/BSE
Profitability Metrics
Return on Equity
Return on Capital Employed
Operating Profit Margin (5Y)
Dividend Yield
Valuation Metrics
Price to Earnings
Market Capitalization
Industry P/E
Growth Metrics
YoY Quarterly Profit Growth
YoY Quarterly Sales Growth
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Financial Health
Debt to Equity
Interest Coverage
Free Cash Flow (5Y)
Ownership Structure
Promoter Holding
FII Holding
DII Holding
Pledged Percentage
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Market Data Analysis & Educational Insights
Educational evaluation of PARAS across key market metrics for learning purposes.
Positive Indicators
11 factors identified
Excellent ROCE Performance (15.61%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance. This indicates quality business fundamentals.
Strong Operating Margins (26.36%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages. This indicates sustainable profitability potential.
Robust Profit Growth (48.92%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.
Strong Revenue Growth (21.39%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential. This indicates business expansion success.
Consistent Growth Track Record (19.92% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.
Excellent EPS Growth (17.43% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.
Strong Profit Growth Track Record (25.95% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.
Conservative Debt Levels (D/E: 0.08)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.
Strong Interest Coverage (21.17x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.
Balanced Promoter Holding (53.20%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral, reducing forced-selling risk.
Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.
Risk Factors
5 factors identified
Premium Valuation Risk (P/E: 82.08x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations. Consider entry timing carefully.
Negative Free Cash Flow (₹-35.12 Cr over 5Y)
Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.
Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.
Limited Institutional Interest (FII+DII: 7.16%)
Observation: Low institutional participation may affect liquidity and visibility.
Analysis: Limited institutional interest may indicate size constraints or visibility issues in the investment community.
High P/E Ratio
Observation: Stock may be overvalued relative to earnings.
Analysis: P/E above 30 requires strong growth execution to justify current valuations.
Very High P/E Ratio
Observation: Significant overvaluation risk present.
Analysis: Extremely high P/E ratios indicate potential bubble territory and high downside risk.
Financial Statements
Comprehensive financial data for Paras Defence and Space Technologies Limited
About PARAS
Business Overview
Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test equipment. It also provides diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures for space applications, lens barrels, and ultra-precision manufacturing products; and rugged wired cabinets, shielded doors, honey comb air vents/filters, command and control console/systems, naval electronic time fuse, acoustic and magnetic sensing products, naval chart, other software modules, turnkey indigo simulator systems, transducer positioning systems and platforms, submarine winches, and titanium assemblies. In addition, the company provides high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilization systems, tri-pods and quadri-pods, ARRV winch systems, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged COTS systems, data/video/image processing systems, rugged VME/VPX platforms, and active array radar cooling assemblies, as well as software development and system integration services. Additionally, it offers Electro-Magnetic Pulse shielded rooms and control centers, racks and cabinets, shielded doors, anechoic shielded chambers, EMP filters, shielded air vents and windows, EMP hardened products, and turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. Paras Defence and Space Technologies Limited was incorporated in 2009 and is based in Navi Mumbai, India
Company Details
Key Leadership
Corporate Events
Latest News
PARAS Stock Details & Analysis
Key Financial Metrics
Growth & Valuation
Frequently Asked Questions
What is the current price of Paras Defence and Space Technologies Limited (PARAS)?
As of 29 Jan 2026, 10:33 am IST, Paras Defence and Space Technologies Limited (PARAS) is currently trading at ₹699.90. The stock has a market capitalization of ₹5.77K (Cr).
Is PARAS share price Overvalued or Undervalued?
PARAS is currently trading at a P/E ratio of 82.08x, compared to the industry average of 64.22x. Based on this relative valuation, the stock appears to be Overvalued against its sector peers.
What factors affect the Paras Defence and Space Technologies Limited share price?
Key factors influencing PARAS's price include its quarterly earnings growth (Sales Growth: 21.39%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Paras Defence and Space Technologies Limited a good stock for long-term investment?
Paras Defence and Space Technologies Limited shows a 5-year Profit Growth of 25.95% and an ROE of 11.53%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.08 before investing.
How does Paras Defence and Space Technologies Limited compare with its industry peers?
Paras Defence and Space Technologies Limited competes with major peers in the Aerospace & Defense. Investors should compare PARAS's P/E of 82.08x and ROE of 11.53% against the industry averages to determine its competitive standing.
What is the P/E ratio of PARAS and what does it mean?
PARAS has a P/E ratio of 82.08x compared to the industry average of 64.22x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹82 for every ₹1 of annual earnings.
How is PARAS performing according to Bull Run's analysis?
PARAS has a Bull Run fundamental score of 66.5/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.
What sector and industry does PARAS belong to?
PARAS operates in the Aerospace & Defense industry. This classification helps understand the competitive landscape and sector-specific trends affecting Paras Defence and Space Technologies Limited.
What is Return on Equity (ROE) and why is it important for PARAS?
PARAS has an ROE of 11.53%, which shows decent profitability but room for improvement. Return on Equity measures how efficiently Paras Defence and Space Technologies Limited generates profits from shareholders' equity.
How is PARAS's debt-to-equity ratio and what does it indicate?
PARAS has a debt-to-equity ratio of 0.08, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.
What is PARAS's dividend yield and is it a good dividend stock?
PARAS offers a dividend yield of 0.03%, which means you receive ₹0.03 annual dividend for every ₹100 invested.
How has PARAS grown over the past 5 years?
PARAS has achieved 5-year growth rates of: Sales Growth 19.92%, Profit Growth 25.95%, and EPS Growth 17.43%.
What is the promoter holding in PARAS and why does it matter?
Promoters hold 53.20% of PARAS shares, with 0.00% of promoter shares pledged. High promoter holding often indicates strong management confidence.
What is PARAS's market capitalization category?
PARAS has a market capitalization of ₹5768 crores, placing it in the Mid-cap category.
How volatile is PARAS stock?
PARAS has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is the 52-week high and low for PARAS?
PARAS has a 52-week high of ₹N/A and low of ₹N/A.
What is PARAS's operating profit margin trend?
PARAS has a 5-year average Operating Profit Margin (OPM) of 26.36%, indicating the company's operational efficiency.
How is PARAS's quarterly performance?
Recent quarterly performance shows YoY Sales Growth of 21.39% and YoY Profit Growth of 48.92%.
What is the institutional holding pattern in PARAS?
PARAS has FII holding of 5.70% and DII holding of 1.46%. Significant institutional holding often suggests professional confidence in the stock.