Paras Defence Q4 results: Net profit skyrockets 89%, revenue jumps to ₹171 crore YoY; check dividend details for FY26

Paras Defence and Space Technologies' consolidated net profit skyrocketed 89% to ₹34 crore in the fourth quarter of the fiscal year ended March 31, 2026 (Q4 FY26), on Wednesday, May 13, as compared to ₹18 crore reported in the same period of the previous fiscal year.

The Mumbai-based company's revenue from operations jumped 58% on a year-on-year (YoY) basis to ₹171 crore in the January to March quarter as against ₹108 crore seen in Q4 FY25.

The company’s net income also increased 61% to ₹180 crore in the reporting quarter from ₹112 crore YoY.

Its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), surged 52% to ₹42 crore as against ₹28 crore in the corresponding period last year.

Its EBITDA margin, however, contracted marginally to 24.56% in contrast to 25.65% in the year-ago period.

In FY26, the defence firm reported a 40% YoY rise in net profit to ₹88 crore from ₹63 crore in the previous year, while revenue from operations increased 31% to ₹478 crore from ₹365 crore in FY25.

FY26 dividend details

Along with its earnings, Paras Defence’s board of directors has also recommended a final dividend of ₹1 per equity share of face value ₹5 each for the financial year ended March 31, 2026.

The company said the date of the Annual General Meeting (AGM), the record date for determining eligibility for the final dividend, and the payment date, if approved by shareholders, will be communicated in due course.

Paras Defence share price

Following the earnings, Paras Defence shares were trading at ₹797.85 apiece on NSE, falling 0.34%. The stock has lost 2% to an intraday low of ₹783.35 apiece so far on Wednesday.

Over a month’s time, the stock has jumped 12%, while it has surged 10% in the last six months. On a year-to-date basis, Paras Defence shares have climbed 16%.

The company has a market capitalisation of ₹6,384.93 crore.

Shares of the company had touched their one-year high of ₹972.50 apiece on May 19, 2025, while their 52-week low of ₹580.50 was hit on March 23, 2026.

About Paras Defence

Paras Defence & Space Technologies is one of the key names in India’s defence and space landscape. With a focus on the defence and space sector, the company has two verticals of its business, namely optics & optronic systems and defence engineering (comprising defence electronics, EMP protection solutions & heavy engineering).

Paras Defence is involved in technologies for rockets & missiles, space & space research, naval systems, land & armoured vehicles, and electronic warfare & surveillance and electromagnetic shielding, to name a few.