Paras Defence and Space Technologies Ltd Performance
Day's Low
Day's High
₹1,015.95₹1,06052 Week's Low
52 Week's High
₹610₹1,592.7
| Returns % | |
| 1 Month Return | + 0.19 % |
| 3 Month Return | -20.67 % |
| 1 Year Return | + 42.81 % |
| Market Stats | |
| Previous Close | ₹1,024.80 |
| Open | ₹1,024.00 |
| Volume | 95.00K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,129.29Cr |
Paras Defence and Space Technologies Ltd Key Statistics
| P/E Ratio | 88.12 |
| PEG Ratio | 36.56 |
| Market Cap | ₹4,129.29 Cr |
| P/B Ratio | 5.9 |
| EPS | 7.7 |
| Dividend Yield | 0 |
| Sector | Aerospace & Defence |
| ROE | 8.82 |
Paras Defence and Space Technologies Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹4,129.29 Cr | 21.62% | 0.54 | ₹30 Cr | ₹253 Cr | |
| HOLD | ₹6,209.38 Cr | 19.69% | 0.72 | ₹91 Cr | ₹1,072 Cr | |
| BUY | ₹2,433.58 Cr | -11.27% | 0.51 | ₹45 Cr | ₹314 Cr | |
| NA | ₹1,097.63 Cr | 254.38% | 0.52 | ₹19 Cr | ₹106 Cr | |
| BUY | ₹3,776.56 Cr | 1.98% | 0.60 | ₹75 Cr | ₹1,423 Cr |
Paras Defence and Space Technologies Ltd Mutual Fund Holdings
About Paras Defence and Space Technologies Ltd
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: ₹1040.65 per share as on 05 Nov, 2024 04:01 PM
Market Capitalisation: ₹4,129.29Cr 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
| Organisation | Paras Defence and Space Technologies Ltd |
| Headquarters | Bengaluru |
| Industry | Aerospace & Defence |
| E-voting on shares | Click here to vote |
Key events for Paras Defence and Space Technologies Ltd
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.
Niva Bupa and Paras Healthcare IPOs Approved - 21 Oct, 2024
Niva Bupa Health Insurance and Paras Healthcare have received approval from SEBI to launch their initial public offerings. Paras Healthcare aims to raise funds through public listing.
Paras Defence Sees Stake Increase and Growth Prospects - 16 Oct, 2024
Paras Defence and Space Technologies Ltd reported a 29% EBITDA margin target, boosted by optics systems. FIIs increased their stake significantly, and the company received a license for cannon manufacturing, enhancing its capabilities.
Paras Defence Secures Arms License, Shares Surge - 15 Oct, 2024
Paras Defence and Space Technologies has been granted a license under the Arms Act for cannon manufacturing, leading to a significant rise in share prices by over 5%. This strategic move is expected to enhance the company's position in the defense sector.
Paras Defence Expects Growth Beyond Guidance - 14 Oct, 2024
Paras Defence anticipates exceeding its 20-30% growth guidance, leveraging ₹135 crore raised through QIP for working capital and new opportunities. The company is set to execute a ₹293 crore order from L&T, enhancing its market position.
Paras Defence Shares Gain Amid Defence Sector Rally - 10 Oct, 2024
On October 10, shares of Paras Defence and other defence companies saw gains of 1-6%, indicating positive market sentiment in the defence sector.
Paras Defence Secures Funding and Wins Key Challenge - 08 Oct, 2024
Paras Defence and Space Technologies successfully raised ₹135.18 crore through a QIP and won the ADITI 1.0 Challenge, boosting investor confidence and share prices.
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 84.15 Cr → 88.76 Cr (in ₹), with an average increase of 5.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 2.97% to 3.47% in Sep 2024 quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.06% to 0.63% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 58.94% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Mazagon Dock Shipbuilders Ltd has given 1208.7% return, outperforming this stock by 1176.5%
- NO EFFECT
Against Peers
In the last 1 year, Zen Technologies Ltd has given 163.4% return, outperforming this stock by 120.6%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 14.85 Cr → 13.86 Cr (in ₹), with an average decrease of 6.7% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 38.01% to 36.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, PARAS stock has moved down by -20.7%
Paras Defence and Space Technologies Ltd Financials
Index Inclusions
Paras Defence and Space Technologies Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.94% | 0.00 | |
| Foreign Institutions | 3.47% | 16.60 | |
| Mutual Funds | 0.63% | 874.96 | |
| Retail Investors | 36.96% | ||
| Others | 0.01% |
Paras Defence and Space Technologies Ltd Key Indicators
Paras Defence and Space Technologies Ltd Valuation
Paras Defence and Space Technologies Ltd in the last 5 years
Lowest (49.25x)
March 28, 2023
Industry (51.69x)
November 4, 2024
Today (88.12x)
November 4, 2024
Highest (175.74x)
June 19, 2024
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
Paras Defence and Space Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Paras Defence and Space Technologies Ltd (PARAS) share price today is ₹1040.65
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 ₹1060.
- Today’s lowest price of Paras Defence and Space Technologies Ltd is ₹1015.95.
PE Ratio of Paras Defence and Space Technologies Ltd is 88.12
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 95.00K.
Today’s market capitalisation of Paras Defence and Space Technologies Ltd(PARAS) is ₹4129.29Cr.
| Paras Defence and Space Technologies Ltd(PARAS | Price |
|---|---|
52 Week High | ₹1592.7 |
52 Week Low | ₹610 |
Paras Defence and Space Technologies Ltd(PARAS) share price is ₹1040.65. It is down -34.66% from its 52 Week High price of ₹1592.7
Paras Defence and Space Technologies Ltd(PARAS) share price is ₹1040.65. It is up 70.60% from its 52 Week Low price of ₹610
| Paras Defence and Space Technologies Ltd(PARAS | Returns |
|---|---|
1 Day Returns | 15.85% |
1 Month Returns | 0.19% |
3 Month Returns | -20.67% |
1 Year Returns | 42.81% |