Paras Aerospace - 2026 Company Profile, Team

About Paras Aerospace

Paras Aerospace is a publicly listed company based in Mumbai (India) founded in 2019. Provider of commercial drone solutions and services for various applications. It operates on a B2B model. Its Indian entity Paras Defence And Space Technologies Limited reported revenue of ₹495 Cr. Its focus areas include Aerospace and Defense, Drone Technology, Commercial Drones and Service Solutions. Its competitors include ideaForge, Marut Drones and Dhaksha; 3 of its 3 listed competitors have raised funding.

Company details

Paras Aerospace, based in Mumbai, focuses on aerospace and defense, drone technology, commercial drones, and service solutions. Provider of commercial drone solutions and services for various applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Headquarters Mumbai, India
Stage Public
Sectors
Aerospace, Defense & Maritime
Email
••••••••
Phone
•••• ••••
Website parasaerospace.com
Social X Facebook
Legal Name Paras Defence And Space Technologies Limited
Date of Incorporation 16 Jun, 2009
Jurisdiction Navi Mumbai, Maharashtra, India

Operational Areas

Aerospace, Defense & Maritime → Drone & Aerial Mobility

Key Metrics

Market Cap
₹10,716 Cr
PARAS · NSE
Share Price
₹1,249.70
-6.02% today
Revenue
₹477 Cr
FY 2025-26 · +30.7% YoY
EBITDA
₹122 Cr
Margin 25.7%
Net Profit
₹84.45 Cr
FY 2025-26 · +36.8% YoY
P/E (TTM)
113.8x
P/B 15.4x
ROE
14.0%
ROCE 18.5%
Debt / Equity
0.04
Interest cover 6.3x

Associated legal entities of Paras Aerospace

Paras Aerospace is associated with 2 registered companies on The Company Check; the primary company is Paras Defence And Space Technologies Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Paras Defence And Space Technologies Limited Listed CIN L29253MH2009PLC193352	Active	16 Jun 2009	Navi Mumbai, Maharashtra	₹495 Cr	128	8	View details
Paras Aerospace Private Limited CIN U74999MH2019PTC413219	Active	13 Feb 2019	Thane, Maharashtra	₹16.5 Cr	5	3	View details

Board of directors of Paras Defence And Space Technologies Limited (Paras Aerospace)

Paras Defence And Space Technologies Limited is the primary company behind Paras Aerospace. The boards of the 2 registered companies of Paras Aerospace currently have 7 directors; the longest-serving is Sharad Virji Shah, appointed in 2009. 16 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Sharad Virji Shah DIN 00622001	Director	16 Jun 2009	17 yrs 4 mo	Paras Defence And Space Technologies Limited
Manmohan Handa DIN 06942720	Director	08 Jan 2019	7 yrs 9 mo	Paras Defence And Space Technologies Limited
Munjal Sharad Shah DIN 01080863	Director	13 Feb 2019	7 yrs 8 mo	Paras Aerospace Private Limited, Paras Defence And Space Technologies Limited
Hina Amol Gokhale DIN 08712659	Director	01 Apr 2020	6 yrs 7 mo	Paras Defence And Space Technologies Limited
Suresh Katyal DIN 08979402	Director	05 Jan 2021	5 yrs 9 mo	Paras Defence And Space Technologies Limited
Amit Navin Mahajan DIN 01087400	Director	05 Sep 2023	3 yrs 1 mo	Paras Aerospace Private Limited
Shilpa Amit Mahajan DIN 01087912	Director	05 Sep 2023	3 yrs 1 mo	Paras Aerospace Private Limited, Paras Defence And Space Technologies Limited

IPO & Listings of Paras Aerospace

Paras Aerospace is a publicly listed company on the NSE with ticker symbol PARAS in India, operating in the Aerospace & Defence sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Listed onNSE: PARAS
Listed entityParas Defence And Space Technologies Limited
Exchange sectorAerospace & Defence

Financials of Paras Aerospace

Exchange-reported figures of Paras Defence And Space Technologies Limited, the listed company behind Paras Aerospace (NSE: PARAS).

Financial Highlights

FY 2025-26 · Consolidated

Revenue

₹477 Cr

+30.7% YoY

EBITDA

₹122 Cr

+22.8% YoY

Profit After Tax

₹84.45 Cr

+36.8% YoY

Net Worth

₹725 Cr

+13.4% YoY

Total Assets

₹759 Cr

+14.1% YoY

Total Debt

₹27.05 Cr

+12.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	477	365	254	222	183	143	147
Revenue growth	+30.7%	+43.9%	+14.0%	+21.8%	+27.4%	-2.5%	-
EBITDA	122	99.65	53.46	57.65	52.44	44.07	39.70
EBITDA margin	+25.7%	+27.3%	+21.1%	+25.9%	+28.7%	+30.8%	+27.0%
Profit before tax	118	83.60	40.47	46.85	36.58	22.62	21.78
Net profit	84.45	61.75	32.05	36.12	27.10	15.70	19.70
Net profit margin	+17.7%	+16.9%	+12.6%	+16.2%	+14.8%	+11.0%	+13.4%
EPS (₹)	21.86	15.75	8.22	9.25	6.93	5.27	6.92
Balance sheet
Total assets	759	665	512	430	411	314	277
Net worth	725	640	445	413	378	207	173
Total debt	27.05	24.02	65.80	14.63	31.08	106	103
Cash & bank	119	111	11.41	40.28	75.94	8.32	4.38
Net working capital	502	430	294	246	272	177	136
Cash flow
Cash from operations	24.61	44.83	(45.54)	45.73	11.51	4.29	(2.60)
Cash from investing	(17.11)	(87.00)	(1.69)	9.89	(77.11)	(6.24)	(4.88)
Cash from financing	(16.62)	73.66	33.10	(40.69)	63.10	5.38	8.55

Particulars	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024
Revenue	151	128	171	106	106	93.19	108	85.77
Revenue growth (YoY)	+42.9%	+37.3%	+58.3%	+24.0%	+21.4%	+11.5%	-	-
Other income	2.22	1.94	11.96	2.27	2.28	2.38	4.12	1.62
EBITDA	44.52	31.91	42.60	26.22	29.69	21.88	28.29	22.04
EBITDA margin	+29.5%	+24.9%	+24.9%	+24.7%	+28.1%	+23.5%	+26.1%	+25.7%
Depreciation	5.06	4.49	4.39	4.39	4.19	3.98	3.80	3.79
Interest	0.86	1.34	1.73	0.90	1.20	0.83	1.90	0.63
Profit before tax	40.82	28.02	48.44	23.20	26.58	19.45	26.71	19.24
Tax	10.26	7.28	9.56	6.35	7.12	5.18	5.88	5.39
Net profit	30.56	20.74	38.88	16.85	19.46	14.27	20.83	13.85
EPS (₹)	3.76	2.63	4.27	2.26	2.56	3.69	4.89	3.74

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Income statement
Revenue	417	334	232	214	180	133	147
Revenue growth	+24.8%	+43.6%	+8.5%	+19.0%	+35.5%	-9.4%	-
EBITDA	112	96.27	53.64	56.18	52.00	43.23	39.82
EBITDA margin	+26.9%	+28.8%	+23.1%	+26.2%	+28.9%	+32.6%	+27.2%
Profit before tax	111	86.79	44.61	46.72	36.39	21.86	22.12
Net profit	83.17	63.35	34.21	35.98	26.95	15.05	20.05
Net profit margin	+20.0%	+19.0%	+14.7%	+16.8%	+15.0%	+11.3%	+13.7%
EPS (₹)	20.64	16.15	8.78	9.21	6.90	5.05	7.03
Balance sheet
Total assets	730	648	485	415	408	313	277
Net worth	724	643	447	413	378	206	173
Total debt	0.45	0.93	35.09	0.00	29.13	105	103
Cash & bank	101	104	8.70	37.11	74.41	7.61	4.33
Net working capital	457	410	276	236	269	176	136
Cash flow
Cash from operations	30.78	28.56	(17.21)	49.48	12.77	3.72	(2.15)
Cash from investing	(27.16)	(78.14)	(19.97)	9.54	(77.49)	(6.17)	(4.90)
Cash from financing	(17.94)	78.02	23.06	(45.08)	62.35	5.28	8.12

Particulars	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024
Revenue	147	118	126	101	103	87.41	90.16	81.98
Revenue growth (YoY)	+43.4%	+35.1%	+39.3%	+23.0%	+22.1%	+12.6%	-	-
Other income	3.14	2.76	9.69	3.00	2.73	2.72	5.16	2.63
Total expenses	105	87.59	95.31	73.82	71.62	65.56	67.39	58.83
EBITDA	42.53	30.49	30.27	27.01	31.10	21.85	22.77	23.15
EBITDA margin	+28.9%	+25.8%	+24.1%	+26.8%	+30.3%	+25.0%	+25.3%	+28.2%
Depreciation	4.57	4.09	3.89	3.93	3.85	3.61	3.43	3.44
Interest	0.40	0.65	1.18	0.28	0.64	0.35	1.88	0.38
Profit before tax	40.70	28.51	34.89	25.80	29.34	20.61	22.62	21.96
Tax	10.27	7.10	8.93	6.27	7.08	5.18	5.60	5.39

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 01 Nov 2026

Particulars	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024
Revenue	151	128	171	106	106	93.19	108	85.77
Revenue growth (YoY)	+42.9%	+37.3%	+58.3%	+24.0%	+21.4%	+11.5%	-	-
Other income	2.22	1.94	11.96	2.27	2.28	2.38	4.12	1.62
EBITDA	44.52	31.91	42.60	26.22	29.69	21.88	28.29	22.04
EBITDA margin	+29.5%	+24.9%	+24.9%	+24.7%	+28.1%	+23.5%	+26.1%	+25.7%
Depreciation	5.06	4.49	4.39	4.39	4.19	3.98	3.80	3.79
Interest	0.86	1.34	1.73	0.90	1.20	0.83	1.90	0.63
Profit before tax	40.82	28.02	48.44	23.20	26.58	19.45	26.71	19.24
Tax	10.26	7.28	9.56	6.35	7.12	5.18	5.88	5.39
Net profit	30.56	20.74	38.88	16.85	19.46	14.27	20.83	13.85
EPS (₹)	3.76	2.63	4.27	2.26	2.56	3.69	4.89	3.74

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	477	365	254	222	183	143	147
Revenue growth	+30.7%	+43.9%	+14.0%	+21.8%	+27.4%	-2.5%	-
Other income	18.89	7.95	8.27	8.22	2.97	1.28	2.01
Total expenses	354	265	200	165	130	99.26	107
Employee cost	48.64	37.52	30.90	21.87	14.81	11.74	10.96
EBITDA	122	99.65	53.46	57.65	52.44	44.07	39.70
EBITDA margin	+25.7%	+27.3%	+21.1%	+25.9%	+28.7%	+30.8%	+27.0%
Depreciation	16.95	14.93	13.36	11.27	10.42	9.65	9.71
Interest	6.68	9.07	7.90	7.75	8.41	13.08	10.22
Profit before tax	118	83.60	40.47	46.85	36.58	22.62	21.78
Tax	28.21	22.11	10.43	10.90	9.49	6.83	2.14
Net profit	84.45	61.75	32.05	36.12	27.10	15.70	19.70
Net profit margin	+17.7%	+16.9%	+12.6%	+16.2%	+14.8%	+11.0%	+13.4%
EPS (₹)	21.86	15.75	8.22	9.25	6.93	5.27	6.92

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	40.29	40.29	39.00	39.00	39.00	29.85	28.41
Reserves & surplus	685	600	406	374	339	177	144
Shareholders' funds (net worth)	725	640	445	413	378	207	173
Minority interest	(0.25)	(3.32)	(1.34)	0.20	0.37	0.07	0.00
Secured loans	26.15	4.25	58.39	8.17	31.02	71.18	88.12
Unsecured loans	0.90	19.77	7.41	6.46	0.06	34.99	15.36
Total debt	27.05	24.02	65.80	14.63	31.08	106	103
Total liabilities	759	665	512	430	411	314	277
Assets
Gross block	290	279	260	230	204	196	188
Net block	191	190	186	170	154	157	158
Capital work in progress	15.58	10.66	4.46	4.52	0.50	0.51	4.91
Investments	33.17	28.24	22.14	11.51	3.52	1.13	0.05
Inventories	160	151	150	93.39	66.63	74.71	60.43
Sundry debtors	363	295	198	150	123	94.85	97.60
Cash & bank balances	119	111	11.41	40.28	75.94	8.32	4.38
Loans & advances	47.79	41.97	41.47	31.55	31.87	24.18	15.50
Total current assets	690	598	401	315	297	202	178
Total current liabilities	188	168	107	69.28	25.39	25.55	41.49
Net working capital	502	430	294	246	272	177	136
Total assets	759	665	512	430	411	314	277

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	34.47	2.98	17.11	2.18	4.68	1.25	0.18
Net cash from operating activities	24.61	44.83	(45.54)	45.73	11.51	4.29	(2.60)
Net cash from investing activities	(17.11)	(87.00)	(1.69)	9.89	(77.11)	(6.24)	(4.88)
Net cash from financing activities	(16.62)	73.66	33.10	(40.69)	63.10	5.38	8.55
Net change in cash	(9.12)	31.49	(14.13)	14.93	(2.50)	3.43	1.08
Closing cash	119	111	11.41	40.28	75.94	8.32	4.38

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	+30.7%	+43.9%	+14.0%	+21.8%	+27.4%	-2.5%	-
EBITDA growth	+22.9%	+86.4%	-7.3%	+9.9%	+19.0%	+11.0%	-
PBT growth	+40.8%	+106.6%	-13.6%	+28.1%	+61.7%	+3.9%	-18.8%
Net income growth	+36.8%	+92.7%	-11.3%	+33.3%	+72.6%	-20.3%	-
Revenue CAGR (3Y)	+28.9%	+25.9%	+20.9%	+14.8%	+5.7%	-	-
EBITDA CAGR (3Y)	+28.5%	+23.9%	+6.7%	+13.2%	+6.7%	-	-
Profitability & leverage
Net income margin	+18.8%	+16.9%	+11.9%	+16.2%	+14.8%	+11.0%	+13.4%
Return on capital employed	+18.5%	+16.9%	+11.3%	+14.4%	+14.0%	+14.1%	+14.8%
Return on net worth	+14.0%	+12.3%	+7.8%	+10.2%	+10.8%	+10.7%	+16.3%
Debt / equity	0.04	0.09	0.10	0.06	0.27	0.71	0.78
Long-term debt / equity	0.00	0.00	0.00	0.00	0.05	0.21	0.31
Interest cover	6.33	10.71	19.70	16.71	20.01	38.00	34.08
Efficiency & per share
Fixed asset turnover	1.97	1.60	1.25	1.27	1.15	0.95	1.00
Inventory turnover	3.07	2.42	2.08	2.78	2.58	2.12	2.35
Debtors turnover	1.45	1.48	1.46	1.63	1.68	1.49	1.63
EPS (₹)	21.86	15.75	8.22	9.25	6.93	5.27	6.92
Dividend per share (₹)	1.00	1.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	169.66	148.44	103.28	95.24	86.24	55.20	46.03

Particulars	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024
Revenue	147	118	126	101	103	87.41	90.16	81.98
Revenue growth (YoY)	+43.4%	+35.1%	+39.3%	+23.0%	+22.1%	+12.6%	-	-
Other income	3.14	2.76	9.69	3.00	2.73	2.72	5.16	2.63
Total expenses	105	87.59	95.31	73.82	71.62	65.56	67.39	58.83
EBITDA	42.53	30.49	30.27	27.01	31.10	21.85	22.77	23.15
EBITDA margin	+28.9%	+25.8%	+24.1%	+26.8%	+30.3%	+25.0%	+25.3%	+28.2%
Depreciation	4.57	4.09	3.89	3.93	3.85	3.61	3.43	3.44
Interest	0.40	0.65	1.18	0.28	0.64	0.35	1.88	0.38
Profit before tax	40.70	28.51	34.89	25.80	29.34	20.61	22.62	21.96
Tax	10.27	7.10	8.93	6.27	7.08	5.18	5.60	5.39

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Revenue	417	334	232	214	180	133	147
Revenue growth	+24.8%	+43.6%	+8.5%	+19.0%	+35.5%	-9.4%	-
Other income	18.14	11.86	9.34	8.33	3.01	1.33	2.22
Total expenses	304	238	179	158	128	89.57	107
Employee cost	43.48	33.38	27.28	20.41	14.36	11.58	10.88
EBITDA	112	96.27	53.64	56.18	52.00	43.23	39.82
EBITDA margin	+26.9%	+28.8%	+23.1%	+26.2%	+28.9%	+32.6%	+27.2%
Depreciation	15.28	13.54	12.16	10.68	10.32	9.64	9.71
Interest	4.29	7.80	6.21	7.11	8.30	13.06	10.21
Profit before tax	111	86.79	44.61	46.72	36.39	21.86	22.12
Tax	27.46	21.74	10.39	10.79	9.48	6.78	2.13
Net profit	83.17	63.35	34.21	35.98	26.95	15.05	20.05
Net profit margin	+20.0%	+19.0%	+14.7%	+16.8%	+15.0%	+11.3%	+13.7%
EPS (₹)	20.64	16.15	8.78	9.21	6.90	5.05	7.03

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Equity & liabilities
Share capital	40.29	40.29	39.00	39.00	39.00	29.85	28.41
Reserves & surplus	683	603	408	374	339	177	145
Shareholders' funds (net worth)	724	643	447	413	378	206	173
Secured loans	0.00	0.00	33.89	0.00	29.13	68.73	88.12
Unsecured loans	0.45	0.93	1.20	0.00	0.00	36.74	14.84
Total debt	0.45	0.93	35.09	0.00	29.13	105	103
Total liabilities	730	648	485	415	408	313	277
Assets
Gross block	278	259	242	215	200	193	185
Net block	183	178	173	158	154	157	158
Capital work in progress	8.48	6.57	4.44	3.81	0.50	0.51	4.91
Investments	65.98	39.19	30.62	19.24	4.15	1.15	0.08
Inventories	150	145	141	91.49	66.41	74.37	60.34
Sundry debtors	327	282	180	145	122	94.97	97.26
Cash & bank balances	101	104	8.70	37.11	74.41	7.61	4.33
Loans & advances	48.69	42.40	48.67	29.42	31.28	24.06	15.54
Total current assets	627	574	378	303	294	201	177
Total current liabilities	170	164	103	66.89	25.06	25.38	41.16
Net working capital	457	410	276	236	269	176	136
Total assets	730	648	485	415	408	313	277

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Opening cash	29.91	1.47	15.59	1.66	4.02	1.20	0.12
Net cash from operating activities	30.78	28.56	(17.21)	49.48	12.77	3.72	(2.15)
Net cash from investing activities	(27.16)	(78.14)	(19.97)	9.54	(77.49)	(6.17)	(4.90)
Net cash from financing activities	(17.94)	78.02	23.06	(45.08)	62.35	5.28	8.12
Net change in cash	(14.32)	28.44	(14.12)	13.94	(2.37)	2.82	1.08
Closing cash	101	104	8.70	37.11	74.41	7.61	4.33

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21	FY 2019-20
Growth
Sales growth	+24.8%	+43.6%	+8.5%	+19.0%	+35.5%	-9.4%	-
EBITDA growth	+16.4%	+79.5%	-4.5%	+8.0%	+20.3%	+8.6%	-
PBT growth	+27.5%	+94.6%	-4.5%	+28.4%	+66.5%	-1.2%	-17.7%
Net income growth	+31.3%	+85.2%	-4.9%	+33.5%	+79.1%	-24.9%	-
Revenue CAGR (3Y)	+24.8%	+22.9%	+20.5%	+13.5%	+5.3%	-2.5%	+45.4%
EBITDA CAGR (3Y)	+25.9%	+22.8%	+7.5%	+12.2%	+6.3%	+1.6%	+68.0%
Profitability & leverage
Net income margin	+20.0%	+19.5%	+14.7%	+16.8%	+15.0%	+11.4%	+13.6%
Return on capital employed	+17.8%	+18.0%	+12.5%	+14.6%	+14.0%	+13.8%	+14.9%
Return on net worth	+13.0%	+12.9%	+8.8%	+10.2%	+10.8%	+10.2%	+16.5%
Debt / equity	0.00	0.04	0.05	0.04	0.27	0.70	0.78
Long-term debt / equity	0.00	0.00	0.00	0.00	0.05	0.21	0.31
Interest cover	4.43	9.43	14.97	15.63	19.91	38.88	33.91
Efficiency & per share
Fixed asset turnover	1.84	1.60	1.25	1.29	1.17	0.90	1.02
Inventory turnover	2.82	2.33	2.00	2.71	2.56	1.97	2.35
Debtors turnover	1.37	1.45	1.43	1.61	1.66	1.38	1.62
EPS (₹)	20.64	16.15	8.78	9.21	6.90	5.05	7.03
Dividend per share (₹)	1.00	1.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	169.20	149.31	103.80	95.20	86.10	55.12	46.17

Competitors of Paras Aerospace

Paras Aerospace has 3 listed competitors in our database, 3 of them funded. They include ideaForge, Marut Drones and Dhaksha.

Company Name	Domain	Founded	HQ Location	Total funding	Employees	Description
ideaForge	ideaforgetech.com	2007	Navi Mumbai, India	$53.82M	1,052	Developer of unmanned aerial vehicles
Marut Drones	marutdrones.com	2019	Hyderabad, India	$6.35M	132	Precision drones are supplied for agricultural management tasks.
Dhaksha	dhakshadrones.com	2019	Chennai, India	$5.46M	142	Agricultural drones for crop management and spraying are provided.

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Detailed competitors of Paras Aerospace

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Web traffic of Paras Aerospace

The website of Paras Aerospace (parasaerospace.com) receives about 5.4K visits a month.

Monthly visits
5.4K
▲ 315% vs previous month

Top companies in Drone & Aerial Mobility

2 companies that operate in the same segment as Paras Aerospace (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
ideaForge	Developer of unmanned aerial vehicles	2007	Navi Mumbai, Maharashtra, India	USD 53.82 M	USD 24.09 M	595
Garuda Aerospace	Manufacturer of drones and provider of drone-based solutions across various sectors	2015	Chennai, Tamil Nadu, India	USD 59.3 M	USD 12.94 M	130

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Frequently Asked Questions about Paras Aerospace

When was Paras Aerospace founded?

Paras Aerospace was founded in 2019.

Where is Paras Aerospace located?

Paras Aerospace is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of Paras Aerospace?

The primary company behind Paras Aerospace, Paras Defence And Space Technologies Limited, reported revenue of ₹495 Cr for FY 2026, up 31% year on year.

What does Paras Aerospace do?

Paras Aerospace, based in Mumbai, focuses on aerospace and defense, drone technology, commercial drones, and service solutions. Provider of commercial drone solutions and services for various applications. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Paras Aerospace?

Paras Aerospace's top competitors include ideaForge, Marut Drones and Dhaksha.

Is Paras Aerospace publicly traded?

Yes, Paras Aerospace is publicly traded on NSE under the ticker symbol PARAS.

Which legal entities are associated with Paras Aerospace?

Paras Aerospace is associated with 2 legal entities: Paras Defence And Space Technologies Limited, Paras Aerospace Private Limited.

Who are the directors of Paras Aerospace?

The legal entities of Paras Aerospace currently have 9 directors, including Amit Navin Mahajan, Munjal Sharad Shah, Shilpa Amit Mahajan and others.