Paras Defence and Space Technologies Limited Stock Price Today (NSE: PARAS)
Paras Defence and Space Technologies Limited
Fundamental Score
Paras Defence and Space Technologies Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Paras Defence and Space Technologies Limited share price today is ₹1285.65, up +18.02% on NSE/BSE as of 17 June 2026. Paras Defence and Space Technologies Limited (PARAS) is a Mid-cap company in the Aerospace & Defense sector with a market capitalisation of ₹5.77K (Cr). The 52-week high for PARAS share price is ₹1757.40 and the 52-week low is ₹580.50. At a P/E ratio of 82.08x, PARAS is currently trading above its industry average P/E of 64.22x. The company has a Return on Equity (ROE) of 11.53% and a debt-to-equity ratio of 0.08.
Paras Defence and Space Technologies Limited Share Price Chart — NSE/BSE Historical Performance
Paras Defence and Space Technologies Limited share price chart: 4.77% return over the past month. 52-week high ₹1757.40, 52-week low ₹580.50.
Paras Defence and Space Technologies Limited — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹810.60 | ₹860.50 | ₹805.70 | ₹853.70 | 16.24L (Cr) | |
| ₹825.00 | ₹854.00 | ₹808.85 | ₹814.50 | 12.89L (Cr) | |
| ₹850.95 | ₹854.00 | ₹814.50 | ₹819.35 | 12.27L (Cr) | |
| ₹846.65 | ₹846.65 | ₹846.65 | ₹846.65 | 0.00 (Cr) | |
| ₹863.00 | ₹879.85 | ₹832.20 | ₹846.65 | 15.02L (Cr) | |
| ₹858.00 | ₹881.95 | ₹853.85 | ₹858.15 | 18.97L (Cr) | |
| ₹824.00 | ₹870.00 | ₹808.00 | ₹855.75 | 35.38L (Cr) | |
| ₹794.00 | ₹826.70 | ₹786.05 | ₹812.00 | 23.56L (Cr) | |
| ₹769.05 | ₹824.00 | ₹768.50 | ₹790.70 | 27.85L (Cr) | |
| ₹759.00 | ₹770.40 | ₹747.00 | ₹761.85 | 7.58L (Cr) |
Paras Defence and Space Technologies Limited — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹825.00 | ₹860.50 | ₹805.70 | ₹853.70 | +3.48% | |
| ₹794.25 | ₹888.00 | ₹721.00 | ₹819.35 | +3.16% | |
| ₹622.00 | ₹849.50 | ₹612.00 | ₹794.25 | +27.69% | |
| ₹636.00 | ₹769.90 | ₹580.50 | ₹595.30 | -6.40% | |
| ₹663.95 | ₹688.00 | ₹627.15 | ₹637.80 | -3.94% | |
| ₹685.45 | ₹717.00 | ₹615.00 | ₹712.75 | +3.98% | |
| ₹724.00 | ₹727.95 | ₹616.10 | ₹684.40 | -5.47% | |
| ₹709.65 | ₹790.00 | ₹646.25 | ₹717.65 | +1.13% | |
| ₹671.90 | ₹767.50 | ₹670.55 | ₹708.95 | +5.51% | |
| ₹648.50 | ₹765.00 | ₹641.00 | ₹670.90 | +3.45% | |
| ₹664.50 | ₹709.45 | ₹608.60 | ₹648.70 | -2.38% | |
| ₹1597.60 | ₹1735.00 | ₹655.00 | ₹665.00 | -58.38% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Overvalued defense play reliant on DRDO largesse; margin of safety is zero.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Paras Defence secured an order from DRDO for high-precision optical systems for air defense applications. The order is expected to be completed in 18 months. Despite the order win, the stock fell, reflecting investor concerns about valuation and margin pressures. Paras Defence also divested its 58.02% stake in Ayatti Innovative for
CORE STORY (THE REAL GAME)
Paras is being priced as a play on the indigenization of defense optics, not just a generic defense supplier. Market believes it can maintain high margins in this niche.
- ₹80.28 crore DRDO order provides near-term revenue visibility
- Geopolitical tensions may increase demand for air defense systems
- Government's Make in India initiative favors domestic defense manufacturers
- Significant new order wins from DRDO or other defense entities
- Successful diversification into the semiconductor OSAT sector
- Stronger-than-expected earnings growth driven by high-margin optics segment
- High valuation relative to peers and industry average
- Reliance on DRDO contracts, which are subject to delays and revisions
- Micro/SME cap exposes to liquidity risk
FII and DII holdings decreased recently. Promoter holdings also saw a slight decrease [cite:]
Geopolitical instability creates a tailwind for defense spending
₹80.28 crore order from DRDO for high-precision optical systems
No, Free Cash Flow 5Y: ₹-35.12 Cr
Next 3-6 months hinge on DRDO execution and new order wins. Semiconductor foray adds uncertainty.
Primary Thesis Risk
DRDO order delays or margin compression will crush the stock.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Paras Defence and Space Technologies Limited Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Paras Defence and Space Technologies Limited Fundamental Analysis & Valuation Benchmarking
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.
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.
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.
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.
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.
Excellent EPS Growth (17.43% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
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.
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.
Strong Interest Coverage (21.17x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (53.20%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
3 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.
Negative Free Cash Flow (₹-35.12 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 7.16%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Paras Defence and Space Technologies Limited vs Aerospace & Defense Peers
Peer Comparison - Aerospace & Defense
Compare Paras Defence and Space Technologies Limited with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
66.5/100 | ₹1285.65₹1286 | ₹5767.63₹5767.63 | 82.08Average 82.1 Average | 11.53%Average 11.53% Average | 15.61%Good 15.61% Good | 0.08Excellent 0.1 Excellent | 25.95%Excellent 25.95% Excellent | 19.92%Excellent 19.92% Excellent | 0.03% | |
Bharat Electronics LimitedBharat Electron... BEL • 500049 | 71.3/100 | ₹419.10₹419 | ₹305148.74₹305148.74 | 53.58Average 53.6 Average | 29.22%Excellent 29.22% Excellent | 38.88%Excellent 38.88% Excellent | 0.00Excellent 0.0 Excellent | 23.80%Excellent 23.80% Excellent | 12.88%Good 12.88% Good | 0.58% |
Hindustan Aeronautics LtdHindustan Aeron... HAL • 541154 | 64.7/100 | ₹4413.00₹4413 | ₹303005.23₹303005.23 | 35.78Average 35.8 Average | 26.07%Excellent 26.07% Excellent | 33.88%Excellent 33.88% Excellent | 0.00Excellent 0.0 Excellent | 24.46%Excellent 24.46% Excellent | 7.63%Good 7.63% Good | 0.88% |
Bharat Dynamics LtdBharat Dynamics... BDL • 541143 | 59.3/100 | ₹1282.20₹1282 | ₹56082.09₹56082.09 | 85.74Average 85.7 Average | 14.38%Average 14.38% Average | 19.66%Good 19.66% Good | 0.00Excellent 0.0 Excellent | 0.55%Average 0.55% Average | 1.50%Average 1.50% Average | 0.30% |
75.8/100 | ₹2651.50₹2652 | ₹31331.65₹31331.65 | 50.83Average 50.8 Average | 27.60%Excellent 27.60% Excellent | 36.64%Excellent 36.64% Excellent | 0.01Excellent 0.0 Excellent | 25.45%Excellent 25.45% Excellent | 28.78%Excellent 28.78% Excellent | 0.51% | |
Data Patterns India LtdData Patterns I... DATAPATTNS • 543428 | 62.59999999999999/100 | ₹4139.20₹4139 | ₹16382.83₹16382.83 | 70.18Average 70.2 Average | 15.18%Good 15.18% Good | 21.00%Excellent 21.00% Excellent | 0.00Excellent 0.0 Excellent | 59.36%Excellent 59.36% Excellent | 35.32%Excellent 35.32% Excellent | 0.27% |
Zen Technologies LtdZen Technologie... ZENTEC • 533339 | 61.1/100 | ₹1686.00₹1686 | ₹12606.74₹12606.74 | 50.99Average 51.0 Average | 26.08%Excellent 26.08% Excellent | 37.22%Excellent 37.22% Excellent | 0.01Excellent 0.0 Excellent | 36.63%Excellent 36.63% Excellent | 45.50%Excellent 45.50% Excellent | 0.14% |
Apollo Micro Systems LtdApollo Micro Sy... APOLLO • 540879 | 44.3/100 | ₹417.85₹418 | ₹9506.52₹9506.52 | 111.53Average 111.5 Average | 10.23%Average 10.23% Average | 14.54%Average 14.54% Average | 0.29Excellent 0.3 Excellent | 32.71%Excellent 32.71% Excellent | 17.98%Excellent 17.98% Excellent | 0.09% |
Astra Microwave Products LtdAstra Microwave... ASTRAMICRO • 532493 | 39.4/100 | ₹1397.40₹1397 | ₹8938.57₹8938.57 | 55.49Average 55.5 Average | 14.43%Average 14.43% Average | 18.72%Good 18.72% Good | 0.24Excellent 0.2 Excellent | 28.59%Excellent 28.59% Excellent | 17.61%Excellent 17.61% Excellent | 0.23% |
Mtar Technologies LtdMtar Technologi... MTARTECH • 543270 | 11/100 | ₹7889.50₹7890 | ₹7920.44₹7920.44 | 170.88Average 170.9 Average | 7.51%Poor 7.51% Poor | 10.51%Average 10.51% Average | 0.25Excellent 0.3 Excellent | 11.04%Good 11.04% Good | 25.89%Excellent 25.89% Excellent | 0.00% |
Axiscades Technologies LtdAxiscades Techn... AXISCADES • 532395 | 44.7/100 | ₹1961.80₹1962 | ₹6046.35₹6046.35 | 65.54Average 65.5 Average | 12.67%Average 12.67% Average | 13.76%Average 13.76% Average | 0.37Excellent 0.4 Excellent | 21.31%Excellent 21.31% Excellent | 8.90%Good 8.90% Good | 0.00% |
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Paras Defence and Space Technologies Limited PE Ratio History
Historical price-to-earnings ratio for PARAS — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹8.01 | ₹684.40 | 85.4x |
| FY 2024 | ₹4.11 | ₹1006.00 | 244.8x |
| FY 2023 | ₹4.63 | ₹718.50 | 155.4x |
| FY 2022 | ₹3.89 | ₹602.00 | 154.8x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Paras Defence and Space Technologies Limited Quarterly Performance
Latest quarterly metrics for PARAS — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
21.39%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
48.92%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
19.92%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
25.95%
Compounded annual net profit growth over 5 years
Paras Defence and Space Technologies Limited Technical Indicators
SMA 50, SMA 200, RSI and volume signals for PARAS — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Paras Defence and Space Technologies Limited Financial Statements
Annual income statement, balance sheet and cash flow for Paras Defence and Space Technologies Limited (PARAS) — sourced from NSE/BSE filings.
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About PARAS (Paras Defence and Space Technologies Limited)
Paras Defence and Space Technologies Limited is a multifaceted entity deeply entrenched in the intricate world of aerospace and defense. It is a dynamic force offering an extensive... portfolio of products and services, ranging from designing and manufacturing to rigorously testing advanced engineering solutions. With a commitment to innovation and precision, Paras Defence caters to both domestic and international markets, establishing itself as a key player in a critical sector. The company's strength lies in its ability to seamlessly integrate cutting-edge technology with robust manufacturing processes, yielding solutions that meet the stringent demands of modern defense and space applications. The company's diverse range of offerings encompasses a spectrum of critical applications. Paras Defence's expertise extends to manufacturing rugged networking and communication systems which are designed to endure the most challenging operational environments. Their rugged display and computing solutions provide mission-critical information with unparalleled reliability, while their command and control systems serve as the backbone for effective strategic decision-making. Beyond electronics, the company's proficiency extends to advanced mechanical products, including intricately crafted flow-formed tubes vital for aerospace propulsion. Furthermore, Paras Defence develops advanced avionic suites, as well as automated testing equipment, which enhance the safety and efficiency of aircraft systems. In addition to their impressive technological capabilities, Paras Defence possesses specialized expertise in the production of high-precision optical components. The company manufactures sophisticated diffractive gratings, Zerodur and metal mirrors, and optical domes, all crafted to the highest standards of optical performance. Moreover, Paras Defence produces gyro blocks, and mumetal components essential for navigation and guidance systems, showcasing their broad capabilities. These specialized components are crucial for a wide array of applications, including satellite imaging, telescope technology, and precision instruments. By investing in research and development, Paras Defence aims to remain at the forefront of technological advancement, ensuring its continued relevance and impact on the future of aerospace and defense.
Company Details
Key Leadership
Corporate Events
Latest News
PARAS Share Price: Frequently Asked Questions
What is the current share price of Paras Defence and Space Technologies Limited?
Paras Defence and Space Technologies Limited (PARAS) trades at ₹1285.65 on NSE and BSE. Market cap ₹5.77K (Cr). Educational data only.
What is the P/E ratio of Paras Defence and Space Technologies Limited?
Paras Defence and Space Technologies Limited has a P/E of 82.08x vs industry average 64.22x.
What is the Bull Run score for Paras Defence and Space Technologies Limited?
Paras Defence and Space Technologies Limited has a Bull Run score of 66.5/100 based on 25+ financial parameters.
Does Paras Defence and Space Technologies Limited pay dividends?
Paras Defence and Space Technologies Limited has a dividend yield of 0.03%. Past dividends don't guarantee future payments.
What is the ROE of Paras Defence and Space Technologies Limited?
Paras Defence and Space Technologies Limited has ROE of 11.53%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Paras Defence and Space Technologies Limited?
Paras Defence and Space Technologies Limited has debt-to-equity of 0.08.
Is Paras Defence and Space Technologies Limited a good investment?
Bull Run gives Paras Defence and Space Technologies Limited a score of 66.5/100. This is not investment advice — consult a SEBI-registered advisor.