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Paras Defence and Space Technologies Ltd

(PARAS)

₹1133.40.47%

as on 04:01PM, 09 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Paras Defence and Space Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,127.1
    ₹1,173.8
  • 52 Week's Low

    52 Week's High

    ₹610
    ₹1,592.7
1 Month Return+ 12.65 %
3 Month Return-3.57 %
1 Year Return+ 60.76 %
Previous Close₹1,138.80
Open₹1,161.95
Volume1.91L
Upper Circuit-
Lower Circuit-
Market Cap₹4,588.64Cr

Paras Defence and Space Technologies Ltd Key Statistics

P/E Ratio97.92
PEG Ratio40.63
Market Cap₹4,588.64 Cr
P/B Ratio5.9
EPS7.7
Dividend Yield0
SectorAerospace & Defence
ROE8.82

Paras Defence and Space Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹4,588.64 Cr26.25%0.54₹30 Cr₹253 Cr
BUY₹3,746.48 Cr1.81%0.60₹75 Cr₹1,423 Cr
NA₹1,080.12 Cr258.33%0.52₹19 Cr₹106 Cr
NA₹4,170.61 Cr706.44%0.61₹52 Cr₹224 Cr
BUY₹14,552.75 Cr48.86%0.51NANA

About Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies Ltd is a leading Indian aerospace and defence company, incorporated in 2010. The company operates in multiple lines of business, including defence and aerospace, homeland security, and research and development.

Paras Defence and Space Technologies Ltd is known for its innovative products and services. It has developed a range of products, including unmanned aerial vehicles, missiles, radar systems, and satellite systems. Its popular brands include the Skyeye UAV, the Skystrike missile system, and the Skyeye radar.

The company is also involved in research and development activities, focusing on the development of advanced technologies for defence and aerospace applications. Its research and development activities have resulted in the development of a range of products, including the Skyeye UAV, Skystrike missile system, and Skyeye radar.

Share Price: ₹1133.40 per share as on 09 Dec, 2024 04:01 PM
Market Capitalisation: ₹4,588.64Cr as of today
Revenue: ₹87.09Cr as on September 2024 (Q3 24)
Net Profit: ₹12.70Cr as on September 2024 (Q3 24)
Listing date: 01 Oct, 2021
Chairperson Name: Sharad Virji Shah
OrganisationParas Defence and Space Technologies Ltd
HeadquartersBengaluru
IndustryAerospace & Defence
E-voting on sharesClick here to vote

Key events for Paras Defence and Space Technologies Ltd

  • Paras Defence Hits Upper Circuit After Facility Opening - 25 Nov, 2024

    Paras Defence and Space Technologies Ltd opened an advanced optical systems testing facility in Navi Mumbai, leading to a 5% upper circuit hit. The company reported significant revenue and profit growth in Q2 FY25, alongside a Rs 500 crore investment for future developments.
  • Paras Defence Opens Advanced Testing Facility - 24 Nov, 2024

    Paras Defence & Space Technologies Ltd inaugurated a state-of-the-art optical systems testing facility in Navi Mumbai, enhancing its R&D capabilities. DIIs and FIIs increased their stakes, reflecting positive investor sentiment. The company has a market cap of Rs 3,934 crore and a strong stock performance with a 96% CAGR over the past year.
  • Paras Defence Advances in Optical Systems and Stock Surge - 22 Nov, 2024

    Paras Defence is establishing India's first optical systems development park with a ₹500 crore investment, targeting a $1 billion market. The stock surged 4% following ISRO chairman's praise, and an advanced testing facility was inaugurated in Navi Mumbai, reinforcing the company's role in space technology.
  • Paras Defence Secures Major Defence Contract - 07 Nov, 2024

    Paras Defence and Space Technologies Ltd has received a significant order worth Rs 61.43 crore from the Ministry of Defence for upgrading submarine systems.
  • Paras Defence Shares Surge on Strong Q2 Results - 02 Nov, 2024

    Paras Defence and Space Technologies shares rose over 15% this week following impressive Q2 FY25 results, with revenue increasing by 42% and net profit rising by 45%. The stock opened at ₹1,058.25, reflecting strong market confidence.
  • Paras Defence Hits Upper Circuit After Order Win - 30 Oct, 2024

    Paras Defence and Space Technologies secured a Rs 42.05 crore order from Opto Electronics Factory, leading to a 5% upper circuit lock on shares. The company reported a 45% increase in net profit for Q2 FY25, further boosting investor confidence.
  • Paras Defence Reports Strong Q2 FY25 Financial Results - 28 Oct, 2024

    Paras Defence and Space Technologies Ltd. announced impressive Q2 FY25 results, with a 42% revenue increase to ₹87.09 crore and a 45% rise in net profit to ₹12.7 crore. The strong performance led to a surge in share prices, reflecting investor confidence.

Insights on Paras Defence and Space Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, PARAS stock has moved up by 6.6%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 84.15 Cr → 88.76 Cr (in ₹), with an average increase of 5.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.97% to 3.47% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.63% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zen Technologies Ltd has given 158.9% return, outperforming this stock by 98.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 58.94% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mazagon Dock Shipbuilders Ltd has given 1701.5% return, outperforming this stock by 1646.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 38.01% to 36.96% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 14.85 Cr → 13.86 Cr (in ₹), with an average decrease of 6.7% per quarter

Paras Defence and Space Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹61.31Cr (-)₹64.18Cr (↑4.68%)₹79.69Cr (↑24.17%)₹83.57Cr (↑4.87%)₹87.09Cr (↑4.21%)
Net Income₹8.76Cr (-)₹5.86Cr (↓33.11%)₹9.60Cr (↑63.82%)₹14.11Cr (↑46.98%)₹12.70Cr (↓9.99%)
Net Profit Margin14.29% (-)9.13% (↓36.11%)12.05% (↑31.98%)16.88% (↑40.08%)14.58% (↓13.63%)
Value in ₹ crore
Details2021202220232024
Total Assets₹363.57Cr (-)₹456.51Cr (↑25.56%)₹503.51Cr (↑10.30%)₹609.03Cr (↑20.96%)
Total Liabilities₹157.20Cr (-)₹78.89Cr (↓49.82%)₹90.38Cr (↑14.56%)₹162.38Cr (↑79.66%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹2.15Cr (-)₹3.72Cr (↓273.02%)₹12.77Cr (↑243.28%)₹49.48Cr (↑287.47%)-₹17.21Cr (↓134.78%)

Index Inclusions

S&P BSE Indus.

₹15,938.73

1.01 (158.77%)

BSE Small-Cap

₹57,313.61

0.46 (262.9%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Paras Defence and Space Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
58.94%
0.00
Foreign Institutions
3.47%
16.60
Mutual Funds
0.63%
874.96
Retail Investors
36.96%
-2.77
Others
0.01%
-23.23

Paras Defence and Space Technologies Ltd Key Indicators

Details20202021202220232024
Return On Assets %5.724.335.927.165.26
Details202220232024
Book Value Per Share (₹)86.2495.24103.28
Details202220232024
Earning Per Share (₹)6.949.227.7
Details20202021202220232024
Return On Equity %16.5210.210.7610.168.82

Paras Defence and Space Technologies Ltd Valuation

Paras Defence and Space Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (49.25x)

March 28, 2023

Industry (58.66x)

December 6, 2024

Today (97.92x)

December 6, 2024

Highest (175.74x)

June 19, 2024

LowHigh

Paras Defence and Space Technologies Ltd Earnings and Dividends

  • Paras Defence and Space Technologies Ltd Earnings Results

    Paras Defence and Space Technologies Ltd’s net profit jumped 47.13% since last year same period to ₹13.86Cr in the Q2 2024-2025. On a quarterly growth basis, Paras Defence and Space Technologies Ltd has generated -6.67% fall in its net profits since last 3-months.

    Read More about Earnings Results

Paras Defence and Space Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Paras Defence and Space Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Paras Defence and Space Technologies Ltd

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Paras Defence and Space Technologies Ltd (PARAS) share price today is ₹1133.4

Paras Defence and Space Technologies Ltd is listed on NSE

Paras Defence and Space Technologies Ltd is listed on BSE

  • Today’s highest price of Paras Defence and Space Technologies Ltd is ₹1173.8.
  • Today’s lowest price of Paras Defence and Space Technologies Ltd is ₹1127.1.

PE Ratio of Paras Defence and Space Technologies Ltd is 97.92

PE ratio = Paras Defence and Space Technologies Ltd Market price per share / Paras Defence and Space Technologies Ltd Earnings per share

Today’s traded volume of Paras Defence and Space Technologies Ltd(PARAS) is 1.91L.

Today’s market capitalisation of Paras Defence and Space Technologies Ltd(PARAS) is ₹4588.64Cr.

Paras Defence and Space Technologies Ltd(PARASPrice
52 Week High
₹1592.7
52 Week Low
₹610

Paras Defence and Space Technologies Ltd(PARAS) share price is ₹1133.4. It is down -28.84% from its 52 Week High price of ₹1592.7

Paras Defence and Space Technologies Ltd(PARAS) share price is ₹1133.4. It is up 85.80% from its 52 Week Low price of ₹610

Paras Defence and Space Technologies Ltd(PARASReturns
1 Day Returns
-5.4%
1 Month Returns
12.65%
3 Month Returns
-3.57%
1 Year Returns
60.76%