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Paras Defence and Space Technologies Ltd share price logo

Paras Defence and Space Technologies Ltd

(PARAS)

₹1040.651.55%

as on 04:01PM, 05 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Paras Defence and Space Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,015.95
    ₹1,060
  • 52 Week's Low

    52 Week's High

    ₹610
    ₹1,592.7
1 Month Return+ 0.19 %
3 Month Return-20.67 %
1 Year Return+ 42.81 %
Previous Close₹1,024.80
Open₹1,024.00
Volume95.00K
Upper Circuit-
Lower Circuit-
Market Cap₹4,129.29Cr

Paras Defence and Space Technologies Ltd Key Statistics

P/E Ratio88.12
PEG Ratio36.56
Market Cap₹4,129.29 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₹4,129.29 Cr21.62%0.54₹30 Cr₹253 Cr
HOLD₹6,209.38 Cr19.69%0.72₹91 Cr₹1,072 Cr
BUY₹2,433.58 Cr-11.27%0.51₹45 Cr₹314 Cr
NA₹1,097.63 Cr254.38%0.52₹19 Cr₹106 Cr
BUY₹3,776.56 Cr1.98%0.60₹75 Cr₹1,423 Cr

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: ₹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
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 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.

  • 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

    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 1208.7% return, outperforming this stock by 1176.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zen Technologies Ltd has given 163.4% return, outperforming this stock by 120.6%

  • 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

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, PARAS stock has moved down by -20.7%

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.

₹14,893.94

0.23 (34.03%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹54,930.82

0.41 (225.8%)

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 Equity %16.5210.210.7610.168.82
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

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 (51.69x)

November 4, 2024

Today (88.12x)

November 4, 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 ₹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(PARASPrice
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(PARASReturns
1 Day Returns
15.85%
1 Month Returns
0.19%
3 Month Returns
-20.67%
1 Year Returns
42.81%