Paras Defence And Space Technologies Ltd.
•₹ 1,499.6-0.16%
2026-08-21
PROS
- Company has delivered good profit growth of 41.5% CAGR over last 5 years
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 45.3% YoY, showing strong momentum
- Company has delivered good sales growth of 27.2% CAGR over last 5 years
CONS
- Promoter holding has decreased over last 2 years: -5.7pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.13x)
- Valuation is stretched - P/E of 127.7 is well above its own 5-year median (37.2)
- Stock is trading at 7.0x its book value
- Operating margins have contracted to 25.5% from 29.7%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | HAL | 5010.00 | 35.94 | 335056.28 | 0.90 | 1589.66 | 14.88 | 5515.17 | 14.45 | 31.99 | 27.89 |
| 2. | BEL | 408.70 | 48.61 | 298750.66 | 0.61 | 1054.53 | 8.82 | 5546.98 | 24.94 | 36.68 | 25.22 |
| 3. | BDL | 1349.00 | 0.00 | 49449.28 | 0.36 | 118.79 | 547.36 | 572.24 | 147.63 | 19.75 | 14.52 |
| 4. | DATAPATTNS | 4775.20 | 3475.81 | 26733.46 | 0.21 | 220.60 | 765.10 | 1160.30 | 1068.13 | 23.18 | 27.04 |
| 5. | AEQUS | 262.40 | 0.00 | 17598.27 | 0.00 | -532.28 | -6067.26 | 3955.45 | 1486.69 | 1.50 | 4.47 |
| 6. | ZENTEC | 1932.40 | 96.85 | 17448.21 | 0.05 | 31.85 | -39.99 | 141.64 | -10.48 | 16.83 | 27.13 |
| 7. | ASTRAMICRO | 1702.95 | 85.53 | 16168.66 | 0.14 | 12.35 | -24.12 | 176.66 | -11.55 | 19.18 | 20.40 |
| 8. | APOLLO | 385.85 | 118.18 | 14338.17 | 0.06 | 252.16 | 1325.84 | 2512.93 | 1781.17 | 14.05 | 21.38 |
| 9. | SIGMAADV | 691.05 | 86.42 | 13125.04 | 0.00 | 354.12 | 159.95 | 3742.77 | — | 9.66 | 15.54 |
| 10. | PARAS | 1496.10 | 127.65 | 12056.67 | 0.07 | 20.74 | 45.34 | 127.91 | 37.26 | 18.68 | 24.95 |
| 11. | UNIMECH | 1498.40 | 105.90 | 7627.16 | 0.00 | 27.86 | 45.70 | 107.62 | 70.85 | 12.10 | 36.35 |
| 12. | AXISCADES | 1591.70 | 186.31 | 6770.06 | 0.00 | -14.76 | -170.76 | 183.35 | -24.77 | 14.56 | 4.73 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48 | 61 | 64 | 80 | 84 | 87 | 86 | 108 | 93 | 106 | 106 | 171 | 128 | |
| 37 | 46 | 52 | 67 | 59 | 64 | 64 | 80 | 71 | 76 | 80 | 129 | 102 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 5 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 9 | 2 |
| Interest | 1 | 1 | 2 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| 8 | 12 | 8 | 12 | 20 | 18 | 19 | 27 | 20 | 27 | 23 | 48 | 28 | |
| Tax % | 25.51% | 27.97% | 29.98% | 20.78% | 27.61% | 30.05% | 28.00% | 22.07% | 26.54% | 26.79% | 27.37% | 19.74% | 25.98% |
| Net Profit | 0 | 0 | 0 | 0 | 14 | 13 | 14 | 21 | 14 | 19 | 17 | 39 | 21 |
| 2 | 2 | 2 | 3 | 4 | 2 | 2 | 2 | 4 | 3 | 2 | 4 | 0 | |
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 39 | 39 | 39 | 39 | 39 | 39 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 48
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 8
- Tax %
- 25.51%
- Net Profit
- 0
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 61
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 12
- Tax %
- 27.97%
- Net Profit
- 0
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 64
- 52
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 8
- Tax %
- 29.98%
- Net Profit
- 0
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 80
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 3
- 12
- Tax %
- 20.78%
- Net Profit
- 0
- 3
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 84
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- 20
- Tax %
- 27.61%
- Net Profit
- 14
- 4
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 87
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 4
- 18
- Tax %
- 30.05%
- Net Profit
- 13
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 86
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 19
- Tax %
- 28.00%
- Net Profit
- 14
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 108
- 80
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 4
- 27
- Tax %
- 22.07%
- Net Profit
- 21
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 93
- 71
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 20
- Tax %
- 26.54%
- Net Profit
- 14
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 106
- 76
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 27
- Tax %
- 26.79%
- Net Profit
- 19
- 3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 106
- 80
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 23
- Tax %
- 27.37%
- Net Profit
- 17
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 171
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 2
- Depreciation
- 4
- 48
- Tax %
- 19.74%
- Net Profit
- 39
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 128
- 102
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 4
- 28
- Tax %
- 25.98%
- Net Profit
- 21
- 0
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 143 | 154 | 147 | 143 | 183 | 222 | 253 | 365 | 477 | 511 | |
| 102 | 111 | 107 | 99 | 130 | 165 | 200 | 265 | 355 | 387 | |
| Operating Profit | 44 | 46 | 42 | 45 | 55 | 66 | 62 | 108 | 138 | — |
| OPM % | 31 | 30 | 28 | 32 | 30 | 30 | 24 | 29 | 29 | — |
| Other Income | 3 | 3 | 2 | 1 | 3 | 8 | 8 | 8 | 17 | 16 |
| Interest | 7 | 10 | 10 | 13 | 8 | 8 | 8 | 9 | 7 | 5 |
| Depreciation | 7 | 9 | 10 | 10 | 10 | 11 | 13 | 15 | 17 | 17 |
| 30 | 27 | 22 | 23 | 37 | 47 | 40 | 84 | 118 | 126 | |
| Tax % | 18 | 29 | 10 | 30 | 26 | 23 | 26 | 26 | 24 | 24 |
| Net Profit | 25 | 19 | 20 | 16 | 27 | 36 | 30 | 61 | 89 | 96 |
| EPS | 45 | 7 | 7 | 6 | 8 | 9 | 8 | 16 | 11 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 9 | — |
| Minority Interest | 0 | 0 | 0 | -0 | -0 | 0 | 2 | 2 | -1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 3 | 3 | 3 | 5 | 4 | 8 | 11 | — |
| Minority Interest | 0 | 0 | 0 | -0 | -0 | 0 | 2 | 2 | -1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 3 | 3 | 3 | 5 | 4 | 8 | 11 | — |
Mar 2018
- 143
- 102
- Operating Profit
- 44
- OPM %
- 31
- Other Income
- 3
- Interest
- 7
- Depreciation
- 7
- 30
- Tax %
- 18
- Net Profit
- 25
- EPS
- 45
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2019
- 154
- 111
- Operating Profit
- 46
- OPM %
- 30
- Other Income
- 3
- Interest
- 10
- Depreciation
- 9
- 27
- Tax %
- 29
- Net Profit
- 19
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 147
- 107
- Operating Profit
- 42
- OPM %
- 28
- Other Income
- 2
- Interest
- 10
- Depreciation
- 10
- 22
- Tax %
- 10
- Net Profit
- 20
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 143
- 99
- Operating Profit
- 45
- OPM %
- 32
- Other Income
- 1
- Interest
- 13
- Depreciation
- 10
- 23
- Tax %
- 30
- Net Profit
- 16
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 183
- 130
- Operating Profit
- 55
- OPM %
- 30
- Other Income
- 3
- Interest
- 8
- Depreciation
- 10
- 37
- Tax %
- 26
- Net Profit
- 27
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 222
- 165
- Operating Profit
- 66
- OPM %
- 30
- Other Income
- 8
- Interest
- 8
- Depreciation
- 11
- 47
- Tax %
- 23
- Net Profit
- 36
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2024
- 253
- 200
- Operating Profit
- 62
- OPM %
- 24
- Other Income
- 8
- Interest
- 8
- Depreciation
- 13
- 40
- Tax %
- 26
- Net Profit
- 30
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 365
- 265
- Operating Profit
- 108
- OPM %
- 29
- Other Income
- 8
- Interest
- 9
- Depreciation
- 15
- 84
- Tax %
- 26
- Net Profit
- 61
- EPS
- 16
- Dividend Payout %
- 6
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2026
- 477
- 355
- Operating Profit
- 138
- OPM %
- 29
- Other Income
- 17
- Interest
- 7
- Depreciation
- 17
- 118
- Tax %
- 24
- Net Profit
- 89
- EPS
- 11
- Dividend Payout %
- 9
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 511
- 387
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 5
- Depreciation
- 17
- 126
- Tax %
- 24
- Net Profit
- 96
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 27%
- 3 Years:
- 29%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 41%
- 3 Years:
- 35%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 65%
- 1 Year:
- 121%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 11%
- 3 Years:
- 11%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - |
| Equity Capital | 6 | 6 | 28 | 30 | 39 | 39 | 39 | 40 | 40 |
| 118 | 147 | 144 | 177 | 339 | 374 | 406 | 599 | 683 | |
| 21 | 38 | 60 | 70 | 31 | 14 | 63 | 22 | 26 | |
| Trade Payables | 23 | 53 | 27 | 15 | 15 | 26 | 61 | 55 | 57 |
| 89 | 86 | 83 | 70 | 33 | 67 | 84 | 153 | 190 | |
| Total Liabilities | 257 | 330 | 342 | 363 | 458 | 521 | 652 | 870 | 996 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 171 | 168 | 158 | 157 | 136 | 153 | 186 | 190 | 190 | |
| Capital Work in Progress | 1 | 3 | 5 | 1 | 0 | 5 | 4 | 8 | 9 |
| 0 | 0 | 0 | 1 | 4 | 12 | 22 | 28 | 33 | |
| 44 | 65 | 60 | 75 | 67 | 93 | 150 | 151 | 160 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 198 | 295 | 363 | |
| Cash & Bank | 3 | 2 | 4 | 8 | 76 | 40 | 11 | 111 | 119 |
| 38 | 92 | 115 | 121 | 175 | 218 | 80 | 87 | 123 | |
| Total Assets | 257 | 330 | 342 | 363 | 458 | 521 | 652 | 870 | 996 |
| Total Debt | 66 | 85 | 103 | 106 | 31 | 15 | 65 | 23 | 27 |
| Net Working Capital | 16 | 48 | 67 | 92 | 239 | 232 | 230 | 407 | 476 |
| Contingent Liabilities | 15 | 18 | 17 | 28 | 25 | 103 | 162 | 248 | 227 |
| Book Value per Share | 146.89 | 194.52 | 46.03 | 55.20 | 86.24 | 95.24 | 103.28 | 148.38 | 84.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 |
| Total Debt | 66 | 85 | 103 | 106 | 31 | 15 | 65 | 23 | 27 |
| Net Working Capital | 16 | 48 | 67 | 92 | 239 | 232 | 230 | 407 | 476 |
| Contingent Liabilities | 15 | 18 | 17 | 28 | 25 | 103 | 162 | 248 | 227 |
| Book Value per Share | 146.89 | 194.52 | 46.03 | 55.20 | 86.24 | 95.24 | 103.28 | 148.38 | 84.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 |
Mar 2018
- Equity Capital
- 6
- 118
- 21
- Trade Payables
- 23
- 89
- Total Liabilities
- 257
- 171
- Capital Work in Progress
- 1
- 0
- 44
- 0
- Cash & Bank
- 3
- 38
- Total Assets
- 257
- Total Debt
- 66
- Net Working Capital
- 16
- Contingent Liabilities
- 15
- Book Value per Share
- 146.89
- Face Value
- 10.00
- Total Debt
- 66
- Net Working Capital
- 16
- Contingent Liabilities
- 15
- Book Value per Share
- 146.89
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 6
- 147
- 38
- Trade Payables
- 53
- 86
- Total Liabilities
- 330
- 168
- Capital Work in Progress
- 3
- 0
- 65
- 0
- Cash & Bank
- 2
- 92
- Total Assets
- 330
- Total Debt
- 85
- Net Working Capital
- 48
- Contingent Liabilities
- 18
- Book Value per Share
- 194.52
- Face Value
- 10.00
- Total Debt
- 85
- Net Working Capital
- 48
- Contingent Liabilities
- 18
- Book Value per Share
- 194.52
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 28
- 144
- 60
- Trade Payables
- 27
- 83
- Total Liabilities
- 342
- 158
- Capital Work in Progress
- 5
- 0
- 60
- 0
- Cash & Bank
- 4
- 115
- Total Assets
- 342
- Total Debt
- 103
- Net Working Capital
- 67
- Contingent Liabilities
- 17
- Book Value per Share
- 46.03
- Face Value
- 10.00
- Total Debt
- 103
- Net Working Capital
- 67
- Contingent Liabilities
- 17
- Book Value per Share
- 46.03
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 30
- 177
- 70
- Trade Payables
- 15
- 70
- Total Liabilities
- 363
- 157
- Capital Work in Progress
- 1
- 1
- 75
- 0
- Cash & Bank
- 8
- 121
- Total Assets
- 363
- Total Debt
- 106
- Net Working Capital
- 92
- Contingent Liabilities
- 28
- Book Value per Share
- 55.20
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 92
- Contingent Liabilities
- 28
- Book Value per Share
- 55.20
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 39
- 339
- 31
- Trade Payables
- 15
- 33
- Total Liabilities
- 458
- 136
- Capital Work in Progress
- 0
- 4
- 67
- 0
- Cash & Bank
- 76
- 175
- Total Assets
- 458
- Total Debt
- 31
- Net Working Capital
- 239
- Contingent Liabilities
- 25
- Book Value per Share
- 86.24
- Face Value
- 10.00
- Total Debt
- 31
- Net Working Capital
- 239
- Contingent Liabilities
- 25
- Book Value per Share
- 86.24
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 39
- 374
- 14
- Trade Payables
- 26
- 67
- Total Liabilities
- 521
- 153
- Capital Work in Progress
- 5
- 12
- 93
- 0
- Cash & Bank
- 40
- 218
- Total Assets
- 521
- Total Debt
- 15
- Net Working Capital
- 232
- Contingent Liabilities
- 103
- Book Value per Share
- 95.24
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- 232
- Contingent Liabilities
- 103
- Book Value per Share
- 95.24
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 39
- 406
- 63
- Trade Payables
- 61
- 84
- Total Liabilities
- 652
- 186
- Capital Work in Progress
- 4
- 22
- 150
- 198
- Cash & Bank
- 11
- 80
- Total Assets
- 652
- Total Debt
- 65
- Net Working Capital
- 230
- Contingent Liabilities
- 162
- Book Value per Share
- 103.28
- Face Value
- 10.00
- Total Debt
- 65
- Net Working Capital
- 230
- Contingent Liabilities
- 162
- Book Value per Share
- 103.28
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 40
- 599
- 22
- Trade Payables
- 55
- 153
- Total Liabilities
- 870
- 190
- Capital Work in Progress
- 8
- 28
- 151
- 295
- Cash & Bank
- 111
- 87
- Total Assets
- 870
- Total Debt
- 23
- Net Working Capital
- 407
- Contingent Liabilities
- 248
- Book Value per Share
- 148.38
- Face Value
- 10.00
- Total Debt
- 23
- Net Working Capital
- 407
- Contingent Liabilities
- 248
- Book Value per Share
- 148.38
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 40
- 683
- 26
- Trade Payables
- 57
- 190
- Total Liabilities
- 996
- 190
- Capital Work in Progress
- 9
- 33
- 160
- 363
- Cash & Bank
- 119
- 123
- Total Assets
- 996
- Total Debt
- 27
- Net Working Capital
- 476
- Contingent Liabilities
- 227
- Book Value per Share
- 84.62
- Face Value
- 5.00
- Total Debt
- 27
- Net Working Capital
- 476
- Contingent Liabilities
- 227
- Book Value per Share
- 84.62
- Face Value
- 5.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 41 | -12 | -3 | 4 | 12 | 46 | -46 | 45 | 25 | |
| Cash from Investing | -49 | -10 | -5 | -6 | -77 | 10 | -2 | -87 | -17 |
| Cash from Financing | 8 | 21 | 9 | 5 | 63 | -41 | 33 | 74 | -17 |
| -1 | -0 | 1 | 3 | -2 | 15 | -14 | 31 | -9 | |
| Free Cash Flow | 41 | -20 | -4 | 1 | 12 | 15 | -97 | 24 | 13 |
| OCF / Net Profit | 1.62 | -0.64 | -0.13 | 0.27 | 0.43 | 1.27 | -1.52 | 0.73 | 0.28 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 4 | -74 | -46 | -34 |
| OCF / Net Profit | 1.62 | -0.64 | -0.13 | 0.27 | 0.43 | 1.27 | -1.52 | 0.73 | 0.28 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 4 | -74 | -46 | -34 |
Mar 2018
- 41
- Cash from Investing
- -49
- Cash from Financing
- 8
- -1
- Free Cash Flow
- 41
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 0
Mar 2019
- -12
- Cash from Investing
- -10
- Cash from Financing
- 21
- -0
- Free Cash Flow
- -20
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.64
- Cumulative 5-Year FCF
- 0
Mar 2020
- -3
- Cash from Investing
- -5
- Cash from Financing
- 9
- 1
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.13
- Cumulative 5-Year FCF
- 0
Mar 2021
- 4
- Cash from Investing
- -6
- Cash from Financing
- 5
- 3
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- 0
Mar 2022
- 12
- Cash from Investing
- -77
- Cash from Financing
- 63
- -2
- Free Cash Flow
- 12
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.43
- Cumulative 5-Year FCF
- 0
Mar 2023
- 46
- Cash from Investing
- 10
- Cash from Financing
- -41
- 15
- Free Cash Flow
- 15
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 4
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 4
Mar 2024
- -46
- Cash from Investing
- -2
- Cash from Financing
- 33
- -14
- Free Cash Flow
- -97
- OCF / Net Profit
- -1.52
- Cumulative 5-Year FCF
- -74
- OCF / Net Profit
- -1.52
- Cumulative 5-Year FCF
- -74
Mar 2025
- 45
- Cash from Investing
- -87
- Cash from Financing
- 74
- 31
- Free Cash Flow
- 24
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- -46
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- -46
Mar 2026
- 25
- Cash from Investing
- -17
- Cash from Financing
- -17
- -9
- Free Cash Flow
- 13
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -34
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -34
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 44.93 | 33.38 | 6.92 | 5.27 | 6.93 | 9.25 | 8.22 | 15.75 | 10.93 |
| Book Value (₹) | 146.89 | 194.52 | 46.03 | 55.20 | 86.24 | 95.24 | 103.28 | 148.38 | 84.62 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 |
| Cash EPS (₹) | 5.69 | 4.99 | 5.17 | 4.26 | 4.81 | 6.05 | 5.56 | 9.48 | 13.20 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 29.78% | 29.77% | 28.37% | 31.64% | 30.35% | 29.67% | 21.11% | 27.29% | 25.49% |
| Net Margin % | 16.80% | 12.29% | 13.37% | 11.01% | 14.83% | 16.16% | 11.85% | 16.86% | 18.77% |
| ROE % | 30.58% | 19.71% | 16.29% | 10.68% | 10.81% | 10.16% | 7.76% | 12.29% | 13.98% |
| ROCE % | 25.46% | 21.27% | 14.90% | 14.14% | 14.15% | 14.49% | 11.34% | 17.03% | 18.68% |
| 9.77% | 6.47% | 5.85% | 4.48% | 6.60% | 7.35% | 5.12% | 8.08% | 9.59% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - |
| Debtor Days | 62 | 128 | 224 | 245 | 218 | 224 | 250 | 247 | 252 |
| Inventory Days | 107 | 128 | 155 | 172 | 141 | 131 | 175 | 151 | 119 |
| Payable Days | 107 | 166 | 201 | 118 | 68 | 72 | 132 | 124 | 86 |
| 62 | 91 | 178 | 299 | 291 | 283 | 294 | 273 | 285 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.81x | 0.77x | 0.79x | 0.64x | 0.09x | 0.04x | 0.16x | 0.04x | 0.04x |
| Interest Coverage (x) | 5.13x | 3.75x | 3.13x | 2.73x | 5.35x | 7.04x | 6.12x | 10.22x | 18.61x |
| 1.24x | 1.44x | 1.62x | 1.87x | 5.24x | 3.80x | 2.26x | 2.95x | 2.94x | |
| GROWTH | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 7.91% | -4.76% | -2.53% | 27.37% | 21.84% | 13.97% | 43.85% | 30.69% |
| Operating Profit Growth % | 0.00% | 3.41% | -9.24% | 8.69% | 22.20% | 19.10% | -6.38% | 74.10% | 28.71% |
| Net Profit Growth % | 0.00% | -24.36% | 3.62% | -19.69% | 71.53% | 32.73% | -16.42% | 104.71% | 45.47% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -11.09% | 91.62% | -30.60% | |
| VALUATION | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 37.23x | 30.42x | 54.49x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.93x | 6.46x | 7.04x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.17% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 39.49x | 35.08x | 34.00x |
Mar 2018
- EPS (₹)
- 44.93
- Book Value (₹)
- 146.89
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.69
- Operating Margin %
- 29.78%
- Net Margin %
- 16.80%
- ROE %
- 30.58%
- ROCE %
- 25.46%
- 9.77%
- Debtor Days
- 62
- Inventory Days
- 107
- Payable Days
- 107
- 62
- Debt to Equity (x)
- 0.81x
- Interest Coverage (x)
- 5.13x
- 1.24x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 33.38
- Book Value (₹)
- 194.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.99
- Operating Margin %
- 29.77%
- Net Margin %
- 12.29%
- ROE %
- 19.71%
- ROCE %
- 21.27%
- 6.47%
- Debtor Days
- 128
- Inventory Days
- 128
- Payable Days
- 166
- 91
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 3.75x
- 1.44x
- Revenue Growth %
- 7.91%
- Operating Profit Growth %
- 3.41%
- Net Profit Growth %
- -24.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.92
- Book Value (₹)
- 46.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.17
- Operating Margin %
- 28.37%
- Net Margin %
- 13.37%
- ROE %
- 16.29%
- ROCE %
- 14.90%
- 5.85%
- Debtor Days
- 224
- Inventory Days
- 155
- Payable Days
- 201
- 178
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 3.13x
- 1.62x
- Revenue Growth %
- -4.76%
- Operating Profit Growth %
- -9.24%
- Net Profit Growth %
- 3.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.27
- Book Value (₹)
- 55.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.26
- Operating Margin %
- 31.64%
- Net Margin %
- 11.01%
- ROE %
- 10.68%
- ROCE %
- 14.14%
- 4.48%
- Debtor Days
- 245
- Inventory Days
- 172
- Payable Days
- 118
- 299
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 2.73x
- 1.87x
- Revenue Growth %
- -2.53%
- Operating Profit Growth %
- 8.69%
- Net Profit Growth %
- -19.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 6.93
- Book Value (₹)
- 86.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.81
- Operating Margin %
- 30.35%
- Net Margin %
- 14.83%
- ROE %
- 10.81%
- ROCE %
- 14.15%
- 6.60%
- Debtor Days
- 218
- Inventory Days
- 141
- Payable Days
- 68
- 291
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 5.35x
- 5.24x
- Revenue Growth %
- 27.37%
- Operating Profit Growth %
- 22.20%
- Net Profit Growth %
- 71.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.25
- Book Value (₹)
- 95.24
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.05
- Operating Margin %
- 29.67%
- Net Margin %
- 16.16%
- ROE %
- 10.16%
- ROCE %
- 14.49%
- 7.35%
- Debtor Days
- 224
- Inventory Days
- 131
- Payable Days
- 72
- 283
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 7.04x
- 3.80x
- Revenue Growth %
- 21.84%
- Operating Profit Growth %
- 19.10%
- Net Profit Growth %
- 32.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 8.22
- Book Value (₹)
- 103.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.56
- Operating Margin %
- 21.11%
- Net Margin %
- 11.85%
- ROE %
- 7.76%
- ROCE %
- 11.34%
- 5.12%
- Debtor Days
- 250
- Inventory Days
- 175
- Payable Days
- 132
- 294
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 6.12x
- 2.26x
- Revenue Growth %
- 13.97%
- Operating Profit Growth %
- -6.38%
- Net Profit Growth %
- -16.42%
- -11.09%
- P/E (x)
- 37.23x
- P/B (x)
- 5.93x
- Dividend Yield %
- 0.00%
- 39.49x
Mar 2025
- EPS (₹)
- 15.75
- Book Value (₹)
- 148.38
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.48
- Operating Margin %
- 27.29%
- Net Margin %
- 16.86%
- ROE %
- 12.29%
- ROCE %
- 17.03%
- 8.08%
- Debtor Days
- 247
- Inventory Days
- 151
- Payable Days
- 124
- 273
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 10.22x
- 2.95x
- Revenue Growth %
- 43.85%
- Operating Profit Growth %
- 74.10%
- Net Profit Growth %
- 104.71%
- 91.62%
- P/E (x)
- 30.42x
- P/B (x)
- 6.46x
- Dividend Yield %
- 0.10%
- 35.08x
Mar 2026
- EPS (₹)
- 10.93
- Book Value (₹)
- 84.62
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 13.20
- Operating Margin %
- 25.49%
- Net Margin %
- 18.77%
- ROE %
- 13.98%
- ROCE %
- 18.68%
- 9.59%
- Debtor Days
- 252
- Inventory Days
- 119
- Payable Days
- 86
- 285
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 18.61x
- 2.94x
- Revenue Growth %
- 30.69%
- Operating Profit Growth %
- 28.71%
- Net Profit Growth %
- 45.47%
- -30.60%
- P/E (x)
- 54.49x
- P/B (x)
- 7.04x
- Dividend Yield %
- 0.17%
- 34.00x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - Paras Defence And Space Technologies Limited has informed the Exchange about Schedule of meet
- Copy of Newspaper Publication
2026-08-19 - Paras Defence And Space Technologies Limited has informed the Exchange about Newspaper Advertisement for 17th Annual General Meeting.
Annual Reports
Credit Ratings
Nothing filed yet.