Paras Defence And Space Technologies Ltd.
•₹ 1,499.6-0.16%
2026-08-21
PROS
- Company has delivered good profit growth of 40.7% CAGR over last 5 years
- Company is almost debt free
- Latest quarter profit grew 38.8% YoY, showing strong momentum
- Company has delivered good sales growth of 25.7% CAGR over last 5 years
- Institutional investors have been accumulating - FII+DII up 2.5pp
CONS
- Promoter holding has decreased over last 2 years: -5.7pp
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.23x)
- Valuation is stretched - P/E of 57.7 is well above its own 5-year median (34.9)
- Stock is trading at 7.1x its book value
- Operating margins have contracted to 26.9% from 30.1%
* 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 | 4988.00 | 35.79 | 333584.97 | 0.90 | 1589.66 | 14.88 | 5515.17 | 14.45 | 31.99 | 27.89 |
| 2. | BEL | 413.50 | 49.18 | 302259.35 | 0.60 | 1054.53 | 8.82 | 5546.98 | 24.94 | 36.68 | 25.22 |
| 3. | BDL | 1361.00 | 0.00 | 49889.16 | 0.36 | 118.79 | 547.36 | 572.24 | 147.63 | 19.75 | 14.52 |
| 4. | DATAPATTNS | 4826.40 | 3513.08 | 27020.10 | 0.21 | 220.60 | 765.10 | 1160.30 | 1068.13 | 23.18 | 27.04 |
| 5. | ZENTEC | 1925.40 | 96.50 | 17385.00 | 0.05 | 31.85 | -39.99 | 141.64 | -10.48 | 16.83 | 27.13 |
| 6. | AEQUS | 258.70 | 0.00 | 17350.12 | 0.00 | -532.28 | -6067.26 | 3955.45 | 1486.69 | 1.50 | 4.47 |
| 7. | ASTRAMICRO | 1662.90 | 83.52 | 15788.41 | 0.14 | 12.35 | -24.12 | 176.66 | -11.55 | 19.18 | 20.40 |
| 8. | APOLLO | 385.20 | 117.98 | 14314.01 | 0.06 | 252.16 | 1325.84 | 2512.93 | 1781.17 | 14.05 | 21.38 |
| 9. | SIGMAADV | 688.40 | 86.09 | 13074.71 | 0.00 | 354.12 | 159.95 | 3742.77 | — | 9.66 | 15.54 |
| 10. | PARAS | 1501.00 | 128.07 | 12096.16 | 0.07 | 20.74 | 45.34 | 127.91 | 37.26 | 18.68 | 24.95 |
| 11. | UNIMECH | 1492.55 | 105.49 | 7597.38 | 0.00 | 27.86 | 45.70 | 107.62 | 70.85 | 12.10 | 36.35 |
| 12. | AXISCADES | 1596.05 | 186.82 | 6788.56 | 0.00 | -14.76 | -170.76 | 183.35 | -24.77 | 14.56 | 4.73 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 45 | 60 | 63 | 65 | 78 | 84 | 82 | 90 | 87 | 103 | 101 | 126 | 118 | |
| 34 | 44 | 49 | 54 | 53 | 60 | 59 | 67 | 66 | 72 | 74 | 95 | 92 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 1 | 6 | 1 | 3 | 3 | 5 | 3 | 3 | 3 | 10 | 3 |
| Interest | 0 | 1 | 1 | 2 | 1 | 2 | 0 | 2 | 0 | 1 | 0 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| 8 | 14 | 10 | 13 | 21 | 21 | 22 | 23 | 21 | 29 | 26 | 35 | 29 | |
| Tax % | 24.11% | 25.46% | 26.64% | 17.64% | 25.32% | 25.61% | 24.54% | 24.76% | 25.13% | 24.13% | 24.30% | 25.59% | 24.90% |
| Net Profit | 6 | 10 | 8 | 10 | 16 | 16 | 17 | 17 | 15 | 22 | 20 | 26 | 21 |
| 2 | 3 | 2 | 3 | 4 | 2 | 2 | 2 | 4 | 3 | 2 | 3 | 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
- 45
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 8
- Tax %
- 24.11%
- Net Profit
- 6
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 60
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 14
- Tax %
- 25.46%
- Net Profit
- 10
- 3
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 63
- 49
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 10
- Tax %
- 26.64%
- Net Profit
- 8
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 65
- 54
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 2
- Depreciation
- 3
- 13
- Tax %
- 17.64%
- Net Profit
- 10
- 3
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 78
- 53
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 21
- Tax %
- 25.32%
- Net Profit
- 16
- 4
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 84
- 60
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 3
- 21
- Tax %
- 25.61%
- Net Profit
- 16
- 2
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 82
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 3
- 22
- Tax %
- 24.54%
- Net Profit
- 17
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 90
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 2
- Depreciation
- 3
- 23
- Tax %
- 24.76%
- Net Profit
- 17
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 87
- 66
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 21
- Tax %
- 25.13%
- Net Profit
- 15
- 4
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 103
- 72
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 29
- Tax %
- 24.13%
- Net Profit
- 22
- 3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 101
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 4
- 26
- Tax %
- 24.30%
- Net Profit
- 20
- 2
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 126
- 95
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 1
- Depreciation
- 4
- 35
- Tax %
- 25.59%
- Net Profit
- 26
- 3
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 118
- 92
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 4
- 29
- Tax %
- 24.90%
- Net Profit
- 21
- 0
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 40
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 143 | 154 | 147 | 133 | 180 | 214 | 232 | 334 | 417 | 447 | |
| 102 | 111 | 107 | 90 | 128 | 158 | 179 | 238 | 304 | 333 | |
| Operating Profit | 44 | 46 | 42 | 45 | 55 | 65 | 63 | 108 | 130 | — |
| OPM % | 31 | 30 | 29 | 34 | 31 | 30 | 27 | 32 | 31 | — |
| Other Income | 3 | 3 | 2 | 1 | 3 | 8 | 10 | 12 | 18 | 18 |
| Interest | 7 | 10 | 10 | 13 | 8 | 7 | 6 | 8 | 4 | 3 |
| Depreciation | 7 | 9 | 10 | 10 | 10 | 11 | 12 | 14 | 15 | 16 |
| 30 | 27 | 22 | 22 | 36 | 47 | 45 | 87 | 111 | 119 | |
| Tax % | 18 | 29 | 10 | 31 | 26 | 23 | 23 | 25 | 25 | 25 |
| Net Profit | 25 | 19 | 20 | 15 | 27 | 36 | 34 | 65 | 83 | 89 |
| EPS | 45 | 7 | 7 | 5 | 8 | 9 | 9 | 16 | 10 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 10 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 4 | 3 | 3 | 5 | 4 | 8 | 10 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 4 | 3 | 4 | 3 | 3 | 5 | 4 | 8 | 10 | — |
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 %
- 29
- 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
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 133
- 90
- Operating Profit
- 45
- OPM %
- 34
- Other Income
- 1
- Interest
- 13
- Depreciation
- 10
- 22
- Tax %
- 31
- Net Profit
- 15
- EPS
- 5
- 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
- 180
- 128
- Operating Profit
- 55
- OPM %
- 31
- Other Income
- 3
- Interest
- 8
- Depreciation
- 10
- 36
- 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
- 214
- 158
- Operating Profit
- 65
- OPM %
- 30
- Other Income
- 8
- Interest
- 7
- 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
- 232
- 179
- Operating Profit
- 63
- OPM %
- 27
- Other Income
- 10
- Interest
- 6
- Depreciation
- 12
- 45
- Tax %
- 23
- Net Profit
- 34
- EPS
- 9
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2025
- 334
- 238
- Operating Profit
- 108
- OPM %
- 32
- Other Income
- 12
- Interest
- 8
- Depreciation
- 14
- 87
- Tax %
- 25
- Net Profit
- 65
- EPS
- 16
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2026
- 417
- 304
- Operating Profit
- 130
- OPM %
- 31
- Other Income
- 18
- Interest
- 4
- Depreciation
- 15
- 111
- Tax %
- 25
- Net Profit
- 83
- EPS
- 10
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
TTM
- 447
- 333
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 3
- Depreciation
- 16
- 119
- Tax %
- 25
- Net Profit
- 89
- 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:
- 26%
- 3 Years:
- 25%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 41%
- 3 Years:
- 32%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 64%
- 1 Year:
- 121%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 11%
- 3 Years:
- 12%
- Last Year:
- 13%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 145 | 177 | 339 | 374 | 408 | 603 | 682 | |
| 21 | 38 | 60 | 70 | 29 | 0 | 34 | 0 | 0 | |
| Trade Payables | 23 | 53 | 27 | 15 | 15 | 25 | 58 | 52 | 47 |
| 89 | 86 | 82 | 70 | 33 | 65 | 82 | 153 | 182 | |
| Total Liabilities | 257 | 330 | 342 | 362 | 454 | 503 | 620 | 848 | 951 |
| ASSETS | - | - | - | - | - | - | - | - | - |
| 171 | 168 | 158 | 157 | 136 | 141 | 157 | 162 | 168 | |
| Capital Work in Progress | 1 | 3 | 5 | 1 | 0 | 4 | 4 | 7 | 8 |
| 0 | 0 | 0 | 1 | 4 | 19 | 31 | 39 | 66 | |
| 44 | 65 | 60 | 74 | 66 | 91 | 141 | 145 | 150 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 180 | 282 | 327 | |
| Cash & Bank | 3 | 2 | 4 | 8 | 74 | 37 | 9 | 104 | 101 |
| 38 | 92 | 114 | 121 | 173 | 210 | 98 | 109 | 130 | |
| Total Assets | 257 | 330 | 342 | 362 | 454 | 503 | 620 | 848 | 951 |
| Total Debt | 66 | 85 | 103 | 105 | 29 | 0 | 34 | 0 | 0 |
| Net Working Capital | 16 | 48 | 68 | 92 | 238 | 236 | 242 | 410 | 456 |
| Contingent Liabilities | 15 | 18 | 19 | 28 | 25 | 103 | 195 | 253 | 256 |
| Book Value per Share | 146.89 | 194.63 | 46.17 | 55.12 | 86.10 | 95.20 | 103.80 | 149.25 | 84.39 |
| 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 | 105 | 29 | 0 | 34 | 0 | 0 |
| Net Working Capital | 16 | 48 | 68 | 92 | 238 | 236 | 242 | 410 | 456 |
| Contingent Liabilities | 15 | 18 | 19 | 28 | 25 | 103 | 195 | 253 | 256 |
| Book Value per Share | 146.89 | 194.63 | 46.17 | 55.12 | 86.10 | 95.20 | 103.80 | 149.25 | 84.39 |
| 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
- 194.63
- Face Value
- 10.00
- Total Debt
- 85
- Net Working Capital
- 48
- Contingent Liabilities
- 18
- Book Value per Share
- 194.63
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 28
- 145
- 60
- Trade Payables
- 27
- 82
- Total Liabilities
- 342
- 158
- Capital Work in Progress
- 5
- 0
- 60
- 0
- Cash & Bank
- 4
- 114
- Total Assets
- 342
- Total Debt
- 103
- Net Working Capital
- 68
- Contingent Liabilities
- 19
- Book Value per Share
- 46.17
- Face Value
- 10.00
- Total Debt
- 103
- Net Working Capital
- 68
- Contingent Liabilities
- 19
- Book Value per Share
- 46.17
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 30
- 177
- 70
- Trade Payables
- 15
- 70
- Total Liabilities
- 362
- 157
- Capital Work in Progress
- 1
- 1
- 74
- 0
- Cash & Bank
- 8
- 121
- Total Assets
- 362
- Total Debt
- 105
- Net Working Capital
- 92
- Contingent Liabilities
- 28
- Book Value per Share
- 55.12
- Face Value
- 10.00
- Total Debt
- 105
- Net Working Capital
- 92
- Contingent Liabilities
- 28
- Book Value per Share
- 55.12
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 39
- 339
- 29
- Trade Payables
- 15
- 33
- Total Liabilities
- 454
- 136
- Capital Work in Progress
- 0
- 4
- 66
- 0
- Cash & Bank
- 74
- 173
- Total Assets
- 454
- Total Debt
- 29
- Net Working Capital
- 238
- Contingent Liabilities
- 25
- Book Value per Share
- 86.10
- Face Value
- 10.00
- Total Debt
- 29
- Net Working Capital
- 238
- Contingent Liabilities
- 25
- Book Value per Share
- 86.10
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 39
- 374
- 0
- Trade Payables
- 25
- 65
- Total Liabilities
- 503
- 141
- Capital Work in Progress
- 4
- 19
- 91
- 0
- Cash & Bank
- 37
- 210
- Total Assets
- 503
- Total Debt
- 0
- Net Working Capital
- 236
- Contingent Liabilities
- 103
- Book Value per Share
- 95.20
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 236
- Contingent Liabilities
- 103
- Book Value per Share
- 95.20
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 39
- 408
- 34
- Trade Payables
- 58
- 82
- Total Liabilities
- 620
- 157
- Capital Work in Progress
- 4
- 31
- 141
- 180
- Cash & Bank
- 9
- 98
- Total Assets
- 620
- Total Debt
- 34
- Net Working Capital
- 242
- Contingent Liabilities
- 195
- Book Value per Share
- 103.80
- Face Value
- 10.00
- Total Debt
- 34
- Net Working Capital
- 242
- Contingent Liabilities
- 195
- Book Value per Share
- 103.80
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 40
- 603
- 0
- Trade Payables
- 52
- 153
- Total Liabilities
- 848
- 162
- Capital Work in Progress
- 7
- 39
- 145
- 282
- Cash & Bank
- 104
- 109
- Total Assets
- 848
- Total Debt
- 0
- Net Working Capital
- 410
- Contingent Liabilities
- 253
- Book Value per Share
- 149.25
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 410
- Contingent Liabilities
- 253
- Book Value per Share
- 149.25
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 40
- 682
- 0
- Trade Payables
- 47
- 182
- Total Liabilities
- 951
- 168
- Capital Work in Progress
- 8
- 66
- 150
- 327
- Cash & Bank
- 101
- 130
- Total Assets
- 951
- Total Debt
- 0
- Net Working Capital
- 456
- Contingent Liabilities
- 256
- Book Value per Share
- 84.39
- Face Value
- 5.00
- Total Debt
- 0
- Net Working Capital
- 456
- Contingent Liabilities
- 256
- Book Value per Share
- 84.39
- Face Value
- 5.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 42 | -12 | -2 | 4 | 13 | 49 | -17 | 29 | 31 | |
| Cash from Investing | -49 | -10 | -5 | -6 | -77 | 10 | -20 | -78 | -27 |
| Cash from Financing | 6 | 21 | 8 | 5 | 62 | -45 | 23 | 78 | -18 |
| -1 | -0 | 1 | 3 | -2 | 14 | -14 | 28 | -14 | |
| Free Cash Flow | 42 | -20 | -3 | 0 | 13 | 31 | -45 | 11 | 11 |
| OCF / Net Profit | 1.68 | -0.63 | -0.11 | 0.25 | 0.47 | 1.38 | -0.50 | 0.44 | 0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 21 | -4 | 10 | 21 |
| OCF / Net Profit | 1.68 | -0.63 | -0.11 | 0.25 | 0.47 | 1.38 | -0.50 | 0.44 | 0.37 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | 21 | -4 | 10 | 21 |
Mar 2018
- 42
- Cash from Investing
- -49
- Cash from Financing
- 6
- -1
- Free Cash Flow
- 42
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.68
- Cumulative 5-Year FCF
- 0
Mar 2019
- -12
- Cash from Investing
- -10
- Cash from Financing
- 21
- -0
- Free Cash Flow
- -20
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 0
Mar 2020
- -2
- Cash from Investing
- -5
- Cash from Financing
- 8
- 1
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.11
- Cumulative 5-Year FCF
- 0
Mar 2021
- 4
- Cash from Investing
- -6
- Cash from Financing
- 5
- 3
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2022
- 13
- Cash from Investing
- -77
- Cash from Financing
- 62
- -2
- Free Cash Flow
- 13
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.47
- Cumulative 5-Year FCF
- 0
Mar 2023
- 49
- Cash from Investing
- 10
- Cash from Financing
- -45
- 14
- Free Cash Flow
- 31
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 21
- OCF / Net Profit
- 1.38
- Cumulative 5-Year FCF
- 21
Mar 2024
- -17
- Cash from Investing
- -20
- Cash from Financing
- 23
- -14
- Free Cash Flow
- -45
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- -0.50
- Cumulative 5-Year FCF
- -4
Mar 2025
- 29
- Cash from Investing
- -78
- Cash from Financing
- 78
- 28
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 10
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 10
Mar 2026
- 31
- Cash from Investing
- -27
- Cash from Financing
- -18
- -14
- Free Cash Flow
- 11
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 21
- OCF / Net Profit
- 0.37
- Cumulative 5-Year FCF
- 21
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 44.93 | 33.50 | 7.03 | 5.05 | 6.90 | 9.21 | 8.78 | 16.15 | 10.32 |
| Book Value (₹) | 146.89 | 194.63 | 46.17 | 55.12 | 86.10 | 95.20 | 103.80 | 149.25 | 84.39 |
| 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 | 5.00 | 5.22 | 4.14 | 4.77 | 5.97 | 5.95 | 9.75 | 12.22 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 29.78% | 29.81% | 28.67% | 33.55% | 30.56% | 30.11% | 22.95% | 28.84% | 26.90% |
| Net Margin % | 16.80% | 12.33% | 13.62% | 11.36% | 14.95% | 16.77% | 14.73% | 19.49% | 19.97% |
| ROE % | 30.58% | 19.77% | 16.52% | 10.20% | 10.76% | 10.16% | 8.82% | 12.93% | 12.98% |
| ROCE % | 25.46% | 21.30% | 15.04% | 13.85% | 14.13% | 14.63% | 12.55% | 18.19% | 17.91% |
| 9.77% | 6.49% | 5.95% | 4.29% | 6.59% | 7.50% | 6.10% | 8.86% | 9.25% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - |
| Debtor Days | 62 | 128 | 225 | 264 | 220 | 227 | 255 | 253 | 267 |
| Inventory Days | 107 | 128 | 155 | 185 | 143 | 134 | 182 | 156 | 129 |
| Payable Days | 107 | 166 | 201 | 137 | 69 | 71 | 140 | 132 | 89 |
| 62 | 91 | 179 | 313 | 294 | 291 | 298 | 277 | 307 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.81x | 0.77x | 0.78x | 0.64x | 0.09x | 0.00x | 0.08x | 0.00x | 0.00x |
| Interest Coverage (x) | 5.13x | 3.76x | 3.16x | 2.67x | 5.38x | 7.57x | 8.19x | 12.13x | 26.77x |
| 1.24x | 1.44x | 1.63x | 1.87x | 5.39x | 4.53x | 2.63x | 3.26x | 3.25x | |
| GROWTH | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 7.91% | -5.07% | -9.40% | 35.55% | 19.04% | 8.47% | 43.63% | 24.77% |
| Operating Profit Growth % | 0.00% | 3.56% | -8.71% | 6.03% | 23.48% | 17.27% | -2.36% | 71.69% | 20.40% |
| Net Profit Growth % | 0.00% | -24.10% | 4.89% | -24.47% | 78.42% | 33.52% | -4.71% | 90.07% | 27.82% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -4.71% | 83.96% | -36.09% | |
| VALUATION | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 34.86x | 29.67x | 57.72x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.90x | 6.42x | 7.06x |
| 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 | 38.29x | 34.74x | 36.09x |
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 (₹)
- 33.50
- Book Value (₹)
- 194.63
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.00
- Operating Margin %
- 29.81%
- Net Margin %
- 12.33%
- ROE %
- 19.77%
- ROCE %
- 21.30%
- 6.49%
- Debtor Days
- 128
- Inventory Days
- 128
- Payable Days
- 166
- 91
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 3.76x
- 1.44x
- Revenue Growth %
- 7.91%
- Operating Profit Growth %
- 3.56%
- Net Profit Growth %
- -24.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 7.03
- Book Value (₹)
- 46.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.22
- Operating Margin %
- 28.67%
- Net Margin %
- 13.62%
- ROE %
- 16.52%
- ROCE %
- 15.04%
- 5.95%
- Debtor Days
- 225
- Inventory Days
- 155
- Payable Days
- 201
- 179
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 3.16x
- 1.63x
- Revenue Growth %
- -5.07%
- Operating Profit Growth %
- -8.71%
- Net Profit Growth %
- 4.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.05
- Book Value (₹)
- 55.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.14
- Operating Margin %
- 33.55%
- Net Margin %
- 11.36%
- ROE %
- 10.20%
- ROCE %
- 13.85%
- 4.29%
- Debtor Days
- 264
- Inventory Days
- 185
- Payable Days
- 137
- 313
- Debt to Equity (x)
- 0.64x
- Interest Coverage (x)
- 2.67x
- 1.87x
- Revenue Growth %
- -9.40%
- Operating Profit Growth %
- 6.03%
- Net Profit Growth %
- -24.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 6.90
- Book Value (₹)
- 86.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.77
- Operating Margin %
- 30.56%
- Net Margin %
- 14.95%
- ROE %
- 10.76%
- ROCE %
- 14.13%
- 6.59%
- Debtor Days
- 220
- Inventory Days
- 143
- Payable Days
- 69
- 294
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 5.38x
- 5.39x
- Revenue Growth %
- 35.55%
- Operating Profit Growth %
- 23.48%
- Net Profit Growth %
- 78.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.21
- Book Value (₹)
- 95.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.97
- Operating Margin %
- 30.11%
- Net Margin %
- 16.77%
- ROE %
- 10.16%
- ROCE %
- 14.63%
- 7.50%
- Debtor Days
- 227
- Inventory Days
- 134
- Payable Days
- 71
- 291
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 7.57x
- 4.53x
- Revenue Growth %
- 19.04%
- Operating Profit Growth %
- 17.27%
- Net Profit Growth %
- 33.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 8.78
- Book Value (₹)
- 103.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.95
- Operating Margin %
- 22.95%
- Net Margin %
- 14.73%
- ROE %
- 8.82%
- ROCE %
- 12.55%
- 6.10%
- Debtor Days
- 255
- Inventory Days
- 182
- Payable Days
- 140
- 298
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 8.19x
- 2.63x
- Revenue Growth %
- 8.47%
- Operating Profit Growth %
- -2.36%
- Net Profit Growth %
- -4.71%
- -4.71%
- P/E (x)
- 34.86x
- P/B (x)
- 5.90x
- Dividend Yield %
- 0.00%
- 38.29x
Mar 2025
- EPS (₹)
- 16.15
- Book Value (₹)
- 149.25
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.75
- Operating Margin %
- 28.84%
- Net Margin %
- 19.49%
- ROE %
- 12.93%
- ROCE %
- 18.19%
- 8.86%
- Debtor Days
- 253
- Inventory Days
- 156
- Payable Days
- 132
- 277
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 12.13x
- 3.26x
- Revenue Growth %
- 43.63%
- Operating Profit Growth %
- 71.69%
- Net Profit Growth %
- 90.07%
- 83.96%
- P/E (x)
- 29.67x
- P/B (x)
- 6.42x
- Dividend Yield %
- 0.10%
- 34.74x
Mar 2026
- EPS (₹)
- 10.32
- Book Value (₹)
- 84.39
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 12.22
- Operating Margin %
- 26.90%
- Net Margin %
- 19.97%
- ROE %
- 12.98%
- ROCE %
- 17.91%
- 9.25%
- Debtor Days
- 267
- Inventory Days
- 129
- Payable Days
- 89
- 307
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 26.77x
- 3.25x
- Revenue Growth %
- 24.77%
- Operating Profit Growth %
- 20.40%
- Net Profit Growth %
- 27.82%
- -36.09%
- P/E (x)
- 57.72x
- P/B (x)
- 7.06x
- Dividend Yield %
- 0.17%
- 36.09x
Documents
Announcements
- Updates
2026-08-22 - Paras Defence And Space Technologies Limited has informed the Exchange regarding 'Communication To Shareholders - Intimation Of Tax Deduction On Dividend'.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - Paras Defence And Space Technologies Limited has informed the Exchange about Schedule of meet
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.