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Paras Defence and Space Technologies Ltd Share Price

Engineering - Heavy - General - Medium / Small

NSE: PARAS Small Cap ISIN: INE045601015
As on 15 February 2025 at 12:38 IST
As on 15 February 2025 at 12:38 IST
912.90
-49.55
(-5.15%)
About Paras Defence and Space Technologies Ltd

Paras Defence & Space Technologies Limited is a prominent player in the defence and space sector in India. The company specialises in the design and testing of a wide range of defence and space engineering products and solutions. It operates in the defence and aerospace sectors, focusing on providing cutting-edge technologies for various applications. Established in 2009, Paras Defence has a rich history of innovation and growth. The company is headquartered in the city of Navi Mumbai, Maharashtra, India. Paras Defence's main products include defence electronics, heavy engineering, and electromagnetic pulse protection solutions. Read More...

Over 1 Month
-9.03%
Over 6 Months
-20.68%
Over 1 Year
26.50%
Over 3 Years
39.88%

Paras Defence and Space Technologies Ltd Summary

Close ₹ 912.90
Open ₹ 967.80
High ₹ 977.20
Low ₹ 900.05
Volume 1,92,996
Net Turnover (in ₹ Cr) ₹ 17.91
52Wk High ₹ 1,592.70
52Wk Low ₹ 610
52Wk High / Low
610
1,592.70

Paras Defence and Space Technologies Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 3,678.41
EPS (TTM) 14.48
Book Value (BV) 141.74
Div. Yield -
P/E (TTM) 63.06
Price/Book Value 6.44
Delivery % 39.21 %
Face Value 10

Key Ratios

PE Ratio 69.71
PB Ratio 5.90
EV to Sales 10.38
PEG Ratio -14.93
ROA 7.06
ROE 8.82
Debt-Equity 0.05
Net Profit Margin 14.73
Operating Profit Margin 27.10

Paras Defence and Space Technologies Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue261.77230.65185.53144.61149.05
Total Expenses221.24183.67148.96122127.26
Profit Before Tax40.4746.8436.5722.6121.79
Profit After Tax30.0435.9427.0815.7919.66
Operating Profit after Depreciation45.9653.6944.4135.0231.57

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets185.70152.56135.83156.63157.83
Total Non Current Assets238.70205.46160.26160.69164.48
Total Current Assets401.03315.08297.41202.07177.91
TOTAL ASSETS639.73520.54457.68362.76342.39
Total Shareholder's Fund444.61413.25378.16206.63172.62

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-45.5445.7311.514.29-2.60
Net Cash used in Investing Activities-1.699.89-77.11-6.24-4.88
Net Cash used in Financing Activities33.10-40.6963.105.388.55

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue241.77222.61183.01134.13148.79
Total Expenses197.15175.89146.62112.27126.69
Profit Before Tax44.6246.7336.3921.8622.10
Profit After Tax34.2335.9326.9115.0819.97
Operating Profit after Depreciation48.4752.9444.1734.2631.87

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets157.21141.18135.68156.51157.83
Total Non Current Assets229.60200.39160.65160.55164.44
Total Current Assets378.31302.81293.84201.01177.46
TOTAL ASSETS607.91503.19454.49361.55341.90
Total Shareholder's Fund446.65413.13377.62206.37173

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities-17.2149.4812.773.72-2.15
Net Cash used in Investing Activities-19.979.54-77.49-6.17-4.90
Net Cash used in Financing Activities23.06-45.0862.355.288.12

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue85.7787.0983.5779.6964.18
Total Expenses63.7364.3559.4767.4451.74
Profit Before Tax19.2418.1619.5012.118.36
Profit After Tax13.8512.7014.119.605.86
Operating Profit after Depreciation23.6624.4124.6817.7613.21

Particulars (in ₹ Cr.) 2024-12 2024-09 2024-06 2024-03 2023-12
Total Revenue81.9884.1177.6065.1262.79
Total Expenses58.8360.2753.3653.9849.28
Profit Before Tax21.9620.9721.2512.5310.36
Profit After Tax16.5715.6015.8710.327.60
Operating Profit after Depreciation25.7826.4325.7217.2914.45

Paras Defence and Space Technologies Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 942.97
S2 923.48
S3 889.97
Pivot 976.48
R1 995.97
R2 1,029.48
R3 1,048.97

Moving Average

20 SMA 1,023.03
50 SMA 1,034.85
100 SMA 1,038.02
200 SMA 1,093.90

Paras Defence and Space Technologies Ltd Corporate Actions

No available data

Paras Defence and Space Technologies Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Paras Defence and Space Technologies Ltd ₹913.05 ₹3,679.01
Hindustan Aeronautics Ltd ₹3,512.80 ₹2,34,927.28
Bharat Electronics Ltd ₹250.15 ₹1,82,854.12
Mazagon Dock Shipbuilders Ltd ₹2,164.90 ₹87,327.74
Solar Industries India Ltd ₹8,863.40 ₹80,204.96
Bharat Dynamics Ltd ₹1,101.45 ₹40,375.03

Paras Defence and Space Technologies Ltd News

Paras Defence & Space Techs. to table results

On 8 February 2025

03 Feb 2025, 10:44 am

Paras Defence to set up India's first optics park in Maharashtra

Commits to invest Rs 12,000 cr under MoU signed with Govt. of Maharashtra

23 Jan 2025, 03:02 pm

Paras Defence gains after MoU with Maharashtra Govt for Rs 12,000-cr optics park

Paras Defence and Space Technologies gained 4.47% to Rs 1,074.65 after the company signed a memorandum of understanding (MoU) with the government of Maharashtra to develop an optics park project in Navi Mumbai.

23 Jan 2025, 10:16 am

Paras Defence and Space Technologies grants 78,450 stock options

22 Jan 2025, 01:44 pm

Paras Defence receives license to manufacture MK-46 and MK-48 LMGs

07 Jan 2025, 12:26 pm

Paras Defence and Space Technologies Ltd Stock Analysis

  1. Annual revenue for Paras Defence and Space Technologies Ltd increased by 8.61% to ₹241.77 crore in FY 2024 from ₹222.61 crore in FY 2023.
  2. Annual Net Profit for Paras Defence and Space Technologies Ltd decreased by 4.71% to ₹34.23 crore in FY 2024 from ₹35.93 crore in FY 2023.
  3. Promoter Shareholding in Paras Defence and Space Technologies Ltd decreased by 3.21% in the most recent quarter, from 58.94% in September 2024 to 57.05% in December 2024.
  4. Paras Defence and Space Technologies Ltd delivered a 1-year return of 26.50% compared to the Nifty 50, which provided a return of 4.99% as of the last trading session.
  5. Paras Defence and Space Technologies Ltd share price moved down by 5.15% from its previous close of INR ₹962.45. The latest Paras Defence and Space Technologies Ltd share price is INR ₹912.90.
  6. Paras Defence and Space Technologies Ltd share price today has been at a low of 900.05 and a high of 977.20. Over the past 52 weeks, the Paras Defence and Space Technologies Ltd share price has seen a low of 610 and a high of 1,592.70.

About Paras Defence and Space Technologies Ltd

Paras Defence & Space Technologies Limited is a prominent player in the defence and space sector in India. The company specialises in the design and testing of a wide range of defence and space engineering products and solutions. Paras Defence operates in the defence and aerospace sector, focusing on providing cutting-edge technologies for various applications.

Established in 2009, Paras Defence has a rich history of innovation and growth. The company is headquartered in Navi Mumbai, Maharashtra, India. The key promoters of Paras Defence include Munjal Sharad Shah, with a 25.28% stake. Sharad Virji Shah serves as the Chairman and Non-Ind & Non-Exe Director of the company. Other than him, there is a team of managerial promoters who manage the operations of the company. They are-
  • Shilpa Amit Mahajan
  • Manmohan Handa
  • Suresh Katyal

Paras Defence's main products include defence electronics, defence and space optics and electromagnetic pulse protection solutions. The company is involved in technologies for rockets, missiles, space research, naval systems, armoured vehicles and surveillance. They also manufacture infrared optics, making them a unique player in the Indian market.

While Paras Defence is not the largest player in its industry, it holds a significant position in the market. The registered office of Paras Defence & Space Technologies Limited is in New Mumbai, Maharashtra. Meanwhile, the office of the registrars is in Mumbai, Maharashtra.

Paras Defence continues to contribute significantly to prestigious defence and space programs in India, leveraging its expertise and innovative capabilities to support the country's strategic initiatives. The company's commitment to quality and customer satisfaction has earned it a reputation for reliability and excellence in the industry.

The Importance of Paras Defence

Paras Defence & Space Technologies Limited plays a crucial role in India's defence and space sectors. The company provides advanced engineering solutions that are essential for national security and space exploration. Their contributions help strengthen India's defence capabilities and support the country's strategic initiatives.

The company specialises in designing and testing a wide range of defence and space engineering products. These products include defence electronics and electromagnetic pulse (EMP) protection solutions. Paras Defence's expertise in these areas ensures that the Indian armed forces have access to cutting-edge technologies.

Paras Defence's products are vital for various applications. The company's advanced technologies enhance the operational capabilities of the Indian armed forces. This support is critical for maintaining national security and protecting the country's interests.

The company's focus on research and development is another important aspect of its operations. Paras Defence invests heavily in R&D to stay ahead of technological advancements. This commitment to innovation ensures that the company can provide state-of-the-art solutions to its clients. The company's R&D efforts also contribute to the overall growth and development of the defence and space sectors in India.

Paras Defence's role in space exploration is equally significant. The company provides advanced engineering solutions for various space programs. These solutions support India's space research and exploration efforts. The company's contributions help India achieve its space exploration goals and enhance its position in the global space industry.

The company's commitment to quality and reliability is another key factor in its importance. Paras Defence ensures that all its products undergo rigorous testing and quality control measures. This commitment to quality has earned the company a reputation for reliability and excellence. The Indian armed forces and other clients can rely on Paras Defence's products for their critical operations.

Paras Defence's focus on customer satisfaction is also noteworthy. The company works closely with its clients to understand their needs and provide tailored solutions. This customer-centric approach ensures that the company's products and services meet the specific requirements of its clients. The company's dedication to customer satisfaction has helped it build strong relationships with its clients.

The company's contributions to the defence and space sectors have a significant impact on India's economy. Paras Defence's operations create jobs and support the growth of the defence and space industries. The company's success also attracts investments and promotes economic development. This economic impact underscores the importance of Paras Defence in India's overall growth and development.

Paras Defence's role in promoting self-reliance in defence and space technologies is also crucial. The company develops and manufactures advanced technologies within India. This reduces the country's dependence on foreign suppliers and enhances its self-reliance. Its efforts support the government's Make in India initiative. As a result, the company contributes to the country's strategic autonomy.

The company's commitment to sustainability is another important aspect of its operations. Paras Defence strives to minimise its environmental impact through eco-friendly manufacturing processes. The company also promotes sustainable practices among its employees and partners. This commitment to sustainability reflects the company's dedication to responsible business practices.

Paras Defence's involvement in community engagement and social responsibility initiatives is significant. The company is involved in various initiatives to promote education and environmental conservation. These efforts create a positive impact on society and reflect the company's commitment to social responsibility.

The company's strong leadership and dedicated team of professionals are key factors in its success. Its leadership provides strategic direction and ensures that the company stays on track to achieve its goals.

FAQ’s

What is the share price of Paras Defence and Space Technologies Ltd today?

Paras Defence and Space Technologies Ltd share price as on 15 Feb 2025 is ₹ 912.9

What is the Market Cap of Paras Defence and Space Technologies Ltd?

The market cap of Paras Defence and Space Technologies Ltd stock is ₹3,678.41 Cr.

What is the PE Ratio of Paras Defence and Space Technologies Ltd?

The Price to Earnings (P/E) Ratio of Paras Defence and Space Technologies Ltd is 69.71

What is the PB Ratio of Paras Defence and Space Technologies Ltd?

The Price to Book (P/B) Ratio of Paras Defence and Space Technologies Ltd is 5.90

What is the 52 week high of Paras Defence and Space Technologies Ltd Share Price?

The 52 week high of Paras Defence and Space Technologies Ltd share price stands at ₹1,592.70

What is the 52 week low of Paras Defence and Space Technologies Ltd Share Price?

The 52 week low of Paras Defence and Space Technologies Ltd share price stands at ₹610

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