🔔 Expansion Alert
Paras Defence inaugurates advanced optical systems testing facility, aiming to establish India's first Optical Systems Development Park with a ₹500 crore investment.
Paras Defence and Space Technologies Ltd Performance
Day's Low
Day's High
₹954.25₹1,001.7552 Week's Low
52 Week's High
₹610₹1,592.7
| Returns % | |
| 1 Month Return | -1.5 % |
| 3 Month Return | -26.3 % |
| 1 Year Return | + 35.59 % |
| Market Stats | |
| Previous Close | ₹954.05 |
| Open | ₹956.95 |
| Volume | 2.26L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,844.22Cr |
Paras Defence and Space Technologies Ltd Key Statistics
| P/E Ratio | 82.03 |
| PEG Ratio | 34.04 |
| Market Cap | ₹3,844.22 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 | ₹3,844.22 Cr | 18.75% | 0.54 | ₹30 Cr | ₹253 Cr | |
| BUY | ₹3,535.96 Cr | 0.58% | 0.60 | ₹75 Cr | ₹1,423 Cr | |
| NA | ₹1,028.18 Cr | 295% | 0.52 | ₹11 Cr | ₹30 Cr | |
| BUY | ₹2,825.53 Cr | 230.86% | 0.64 | ₹31 Cr | ₹371 Cr | |
| NA | ₹3,552.95 Cr | 715.77% | 0.61 | ₹52 Cr | ₹224 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: ₹976.90 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹3,844.22Cr 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 Advances in Optical Systems and Stock Surge - 22 Nov, 2024
Paras Defence is establishing India's first optical systems development park with a ₹500 crore investment, targeting a $1 billion market. The stock surged 4% following ISRO chairman's praise, and an advanced testing facility was inaugurated in Navi Mumbai, reinforcing the company's role in space technology.
Paras Defence Secures Major Defence Contract - 07 Nov, 2024
Paras Defence and Space Technologies Ltd has received a significant order worth Rs 61.43 crore from the Ministry of Defence for upgrading submarine systems.
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.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 0.06% to 0.63% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 2.97% to 3.47% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue 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
NO EFFECTAgainst Peers
In the last 1 year, Zen Technologies Ltd has given 135.8% return, outperforming this stock by 100.2%
- NO EFFECT
Promoter 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 1370.9% return, outperforming this stock by 1331.6%
NEGATIVE IMPACTPrice Dip
In the last 3 months, PARAS stock has moved down by -26.3%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 38.01% to 36.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit 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
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 (48.76x)
November 21, 2024
Today (82.03x)
November 21, 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 Bearish trading position according to technical analysis indicators.
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Paras Defence and Space Technologies Ltd (PARAS) share price today is ₹976.9
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 ₹1001.75.
- Today’s lowest price of Paras Defence and Space Technologies Ltd is ₹954.25.
PE Ratio of Paras Defence and Space Technologies Ltd is 82.03
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 2.26L.
Today’s market capitalisation of Paras Defence and Space Technologies Ltd(PARAS) is ₹3844.22Cr.
| 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 ₹976.9. It is down -38.66% from its 52 Week High price of ₹1592.7
Paras Defence and Space Technologies Ltd(PARAS) share price is ₹976.9. It is up 60.15% from its 52 Week Low price of ₹610
| Paras Defence and Space Technologies Ltd(PARAS | Returns |
|---|---|
1 Day Returns | 22.85% |
1 Month Returns | -1.5% |
3 Month Returns | -26.3% |
1 Year Returns | 35.59% |