1. Paras Defence
Paras Defence Share Price

Paras Defence Share Price

NSE: PARAS | BSE: 543367 | Defence

100% Buy

₹1,564.50

-₹32.30 (-2.02%) Last updated on 21 May, 2025 | 13:52 IST

Paras Defence Overview

Market cap
Market Cap Switch₹6,881 Crs
Open
₹1,590.40
Prev. Close
₹1,596.80
Circuit range
₹1,756.40 - ₹1,437.20
Day range
₹1,539.60 - ₹1,609.30
Year range
₹750.00 - ₹1,945.00
Volume
20,93,186
Avg. traded
₹1,569.95
Revenue (12m)
₹365 Crs

About Paras Defence

Paras Defence and Space Technologies Limited is an Indian aerospace and defence company. It was founded in 2009 as Paras FlowForm Engineering Limited. Its name was changed to Paras Defence and Space Technologies Limited in 2015. The company engages in the design, development, manufacturing, testing and commissioning of products, systems and solutions for defence and space applications.

Paras Defence is the only Indian private company in the entire Asia-Pacific region capable of constructing a turnkey optronic periscope designed for submarine applications. It is also the only Indian company to achieve the successful development of a fully functional remote-controlled border defence system. The company completed the firing trials in November 2022.

It is actively engaged in the development of full cameras for defence and space applications.

The market capitalisation of Paras Defence and Space Technologies Limited is close to ₹3,000 crores as of January 16, 2024. Paras Defence share price has gained over 30% in the last one year.

Business operations

Paras Defence has five verticals in its business namely defence and space optics, defence electronics, heavy engineering, electromagnetic pulse protection solutions and niche technologies. It is involved in technologies for rockets and missiles, space and space research, naval systems, land and armoured vehicles, electronic warfare and surveillance, as well as electromagnetic shielding.

The company primarily caters to government organisations including the Defence Research and Development Organisation (DRDO), the Indian Space Research Organisation (ISRO), Defence Public Sector Undertakings (DPSUs), shipyards and ordnance factories. It also serves publicly listed corporations such as Tata, L&T and Solar. It also extends its services to numerous private and international firms operating within the defence and space industries.

Paras Defence conducts business operations with a focus on manufacturing, research and development (R&D), after-sales support and international exports. In terms of manufacturing, the company operates facilities in Navi Mumbai and Ambernath.

The company has R&D centres located in Navi Mumbai, Bengaluru and Ahmedabad. To ensure customer satisfaction and ongoing support, the company provides after-sales services from multiple locations. These include Navi Mumbai, Ambernath, Bengaluru, New Delhi and Hyderabad. When it comes to international exports, Paras Defence's markets include Israel, the USA, Europe, South Korea, Singapore, the UAE, Saudi Arabia, South Africa and Canada.

Paras Defence holds a majority stake of 60% in Paras Aerospace Private Limited, a company actively engaged in drones, drone services and associated technologies. Additionally, it has a 55% ownership in Paras Anti-Drone Technologies Private Limited, which focuses on the development of radio frequency and microwave systems and sub-systems to counter unmanned aerial vehicles.

Paras Defence and Space Technologies Limited wholly owns Opel Technologies Private Limited, a company dedicated to providing solutions for efficient global sourcing. Another subsidiary, Ayatti Innovative Private Limited, has a 58% holding and specialises in the manufacturing of structural metal products, particularly for railway coaches.

Financial highlights

  • Paras Defence and Space Technologies Limited's revenue from operations for FY23 stood at ₹222.4 crore, up 21.8% compared to ₹182.6 crore in FY22.
  • The net profit after tax for FY23 was ₹36 crore compared to ₹27 crore during the previous year.
  • In FY23, the earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹56.75 crore from the previous year's ₹51.85 crore.
  • The company's earnings per share (EPS) stood at ₹9.25 in FY23 compared to ₹7.78 in the previous financial year.
  • Chart
  • Fundamentals
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  • FAQs

Paras Defence Share Price Chart

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Paras Defence Key Indicators

P/E ratio
106.8
P/B ratio
9.27
ROE
10.16%
ROCE
14.63%
Dividend yield
--
Debt/Equity ratio
EPS
9.21

Investment Checklist: (2/6)

passed

Equity returns

not passed

Dividend returns

not passed

Safety factor

NA

Growth factor

passed

Debt vs Equity

NA

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst Ratings:

Buy

Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Paras Defence Financial Ratios

  • Profitability

  • Operational

  • Valuation

Operating profit margin

30.11%

Net profit margin

16.77%

ROE

10.16%

ROA

7.5%

ROCE

14.63%

Paras Defence Shareholder returns

1 day
-6.50%
1 week
+12.54%
1 month
+54.18%
3 months
+77.15%
1 year
+106.08%
3 years
+158.32%
5 years
+224.26%

Revenue Statement

All values are in ₹ Crores (Cr)
RevenueNo Sort
Operating ProfitNo Sort
Net ProfitNo Sort
Mar-24
253.50
61.79
30.04
Mar-23
222.43
66.00
35.94
Mar-22
182.56
55.41
27.08
Mar-21
143.33
45.35
15.79

Cash Flow

All values are in ₹ Crores (Cr)
OperatingNo Sort
InvestingNo Sort
FinancingNo Sort
Mar-24
-45.54
-1.69
33.10
Mar-23
45.73
9.63
-40.69
Mar-22
11.51
-77.11
63.10
Mar-21
4.29
-6.26
5.38

Balance Sheet

All values are in ₹ Crores (Cr)
Total AssetNo Sort
Total LiabilityNo Sort
Mar-24
639.68
196.40
Mar-23
520.50
107.05
Mar-22
457.68
79.15
Mar-21
362.76
156.05

Paras Defence Share Price History

DayOpenCloseChange %
20-May-25
₹1,707.80
₹1,596.80
-6.50%
19-May-25
₹1,845.00
₹1,707.80
-5.10%
16-May-25
₹1,530.00
₹1,799.50
+18.82%
15-May-25
₹1,480.00
₹1,514.50
+3.19%
14-May-25
₹1,430.00
₹1,467.70
+3.44%
13-May-25
₹1,379.00
₹1,418.90
+2.81%
12-May-25
₹1,500.00
₹1,380.10
-5.38%
09-May-25
₹1,359.20
₹1,458.50
+7.31%

Paras Defence Shareholding Pattern

Promoters (57.05%)

Mutual Funds (1.04%)

Retail and other (36.62%)

Foreign institutions-FII (4.84%)

Other domestic institutions (0.45%)

Promoters

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FAQs on Paras Defence

What is the share price of Paras Defence today?

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Paras Defence share price is ₹ 1,564.50 as on 21 May, 2025 | 13:52 IST.

What are the high & low stock price of Paras Defence today?

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Paras Defence stock price hit a high of ₹ 1,609.30 and low of ₹ 1,539.60 as on 21 May, 2025 | 13:52 IST.

What is the market cap of Paras Defence?

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The market cap of Paras Defence is ₹ 6,881.35 Crores as on 21 May, 2025 | 13:52 IST.

What are the the 52-week high and low share prices of Paras Defence stock on the NSE?

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52-week high stock Price of Paras Defence is ₹ 1,945.00 and Low Price is ₹ 750.00 as on 21 May, 2025 | 13:52 IST.

What are the stock symbols of Paras Defence?

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The stock symbol of Paras Defence is NSE: PARAS on the NSE and BSE: 543367 on the BSE, and the ISIN is INE045601015.

Can I buy Paras Defence shares on Holidays?

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No, shares of Paras Defence or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Paras Defence shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.

What is the PE and PB ratio of Paras Defence?

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The PE and PB ratio of Paras Defence is 106.8 and 9.27 respectively, as on 21 May, 2025 | 13:52 IST.

What are the returns on Paras Defence shares?

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The historical returns for Paras Defence shares are 106.08 for 1 year, 158.32 for 3 year and 224.26 for 5 year.