
About Paras Defence & Space Technologies
Paras Defence & Space Technologies is a publicly listed company based in Navi Mumbai (India) founded in 1972 by Sharad Shah. A wide range of defence products and solutions is offered. Paras Defence & Space Technologies has raised $4.55 million across 4 funding rounds from investors including Kaviraj Securities, Mukul Agrawal and IDBI Capital. The company has 537 employees. Paras Defence & Space Technologies has completed 1 acquisition, including Ayatti Innovative. Paras Defence & Space Technologies was last valued at $50.47 million in April 2021. Its website parasdefence.com draws about 12 thousand monthly visits. Its Indian entity Paras Defence And Space Technologies Limited reported revenue of βΉ495 Cr. Its focus areas include Aerospace, Maritime and Defense, Defense Contractors and Diversified.
Company details
Founded in 1972 and based in Navi Mumbai, India, Paras Defence Space Technologies operates in the defence and space sector. Products and solutions provided include optical components, imaging systems, electronic systems, cybersecurity measures, heavy structures production, rocket motor tubes, special purpose machines, titanium fabrication, electromagnetic pulse protection, shielding products, drones, anti-drone systems, spacecraft integration and testing, remote-controlled defence systems, and custom engineering solutions.
- Headquarters Navi Mumbai, India
- Employees 537
- Founders Sharad Shah
- Stage Public
- SectorsAerospace, Defense & Maritime
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website parasdefence.com
- Social LinkedIn X Facebook Instagram
- Legal Name Paras Defence & Space Technologies Ltd.
- Market Cap₹9,712 Cr
PARAS · NSE
- Share Price₹1,177.20
-2.32% 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)106.4x
P/B 14.4x
- ROE14.0%
ROCE 18.5%
- Debt / Equity0.04
Interest cover 6.3x
- Total Equity Funding$4.55M (USD)
in 4 rounds
- InvestorsKaviraj Securities
& 26 more
- Employee Count537
- Investments & Acquisitions
Associated legal entities of Paras Defence & Space Technologies
Paras Defence & Space Technologies operates through Paras Defence And Space Technologies Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| 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 |
Funding Insights of Paras Defence & Space Technologies
Paras Defence & Space Technologies has successfully raised a total of $4.55M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.55M
- Total Rounds 4
- First Round $1.47M
(May 2018)
- Investors Count 27
All 4 funding rounds of Paras Defence Space Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | Series A | β | β | ||
| Apr 2021 | $666,340 | Angel Round | $50.47M | Mukul Agrawal | β |
| Aug 2020 | $2.41M | Series A | $78.35M | Pooja Unichem | |
| May 2018 | $1.47M | Series A | $β’β’β’β’β’ | Nitin Shah, Nitin Shah |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $50.47M | β’β’β’β’β’β’β’β’ |
| Aug 2020 | $78.35M | β’β’β’β’β’β’β’β’ |
| May 2018 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of Paras Defence Space Technologies
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $50.47M (Apr 2021). 27 investors in total: 5 institutional and 22 angel.
Investors in Paras Defence & Space Technologies
Paras Defence & Space Technologies has secured backing from 27 investors, including angel and institutional investors. Prominent investors backing the company include Kaviraj Securities, Mukul Agrawal and IDBI Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services including M&A advisory and financing are provided. | idbicapital.com | Mumbai, India | ||
| poojaunichem.tcc.mode | ||||
| devanshventures.tcc.mode | ||||
Securities trading and financial services based in Mumbai. | 2000 | kavirajsecurities.com | Mumbai, India | |
Long-term value is created through diversified sovereign wealth investments. | adia.ae | Abu Dhabi, United Arab Emirates | ||
MA Mukul Agrawal | Indian angel investor, founder of Param Capital, focused on stock market investments. | unknown_4d2f37b7b21447dfb | ||
CG Chandrakant Gogri | unknown_669099b25fd842d99 | |||
JH Jayshree H Shah | unknown_b84d16f91421456d9 | |||
PM Priyank Mukesh Dedhia | unknown_0cd26c109a1149f28 | |||
HS Hansa Shah | unknown_b2eab4fbb8c147c6a |
Investor details for Paras Defence Space Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Paras Defence And Space Technologies Limited (Paras Defence & Space Technologies)
Paras Defence And Space Technologies Limited is the primary company behind Paras Defence & Space Technologies. The board of Paras Defence And Space Technologies Limited currently have 6 directors; the longest-serving is Sharad Virji Shah, appointed in 2009. 12 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 |
| Shilpa Amit Mahajan DIN 01087912 | Whole-time director | 25 Jun 2018 | 8 yrs 3 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 | Managing Director | 15 Mar 2019 | 7 yrs 7 mo | Paras Defence And Space Technologies Limited |
| Hina Amol Gokhale DIN 08712659 | Director | 01 Apr 2020 | 6 yrs 6 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 |
People of Paras Defence & Space Technologies
6 people are tracked at Paras Defence & Space Technologies (3 in leadership, 3 in team); the tracked headcount is 537.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Managing Director | Leadership | |
| Managing Director | Leadership | |
Srinivas Gurijala | Senior Business Development Manager | Team |
Anju Mishra | Senior Human Resources Manager | Team |
Bhagyashree Shetty Virdi | Deputy Manager Business Development | Team |
Complete people profiles for Paras Defence & Space Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Paras Defence & Space Technologies
Paras Defence & Space Technologies is a publicly listed company on the NSE with ticker symbol PARAS in India, operating in the Electronic technology 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.
- IPO date01 Oct 2021
- Listed onBSE: 543367 · NSE: PARAS
- Listed entityParas Defence & Space Technologies Ltd.
- Exchange sectorElectronic technology
- ISININE045601023
- Share price₹1,287.00 (-0.36% on the day) · 2026-10-14
- Market capitalisation₹10,372 Cr
- Price to earnings109.8
- EPS (diluted, trailing year)₹11.72
- Dividend yield0.08%
- Volume (last session)252,280
Financials of Paras Defence & Space Technologies
Exchange-reported figures of Paras Defence And Space Technologies Limited, the listed company behind Paras Defence & Space Technologies (NSE: PARAS).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue 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 (βΉ) | 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 128 | 171 | 106 | 106 | 93.19 | 108 | 85.77 | 87.09 |
| Revenue growth (YoY) | +37.3% | +58.3% | +24.0% | +21.4% | +11.5% | - | - | - |
| Other income | 1.94 | 11.96 | 2.27 | 2.28 | 2.38 | 4.12 | 1.62 | 1.67 |
| EBITDA | 31.91 | 42.60 | 26.22 | 29.69 | 21.88 | 28.29 | 22.04 | 22.74 |
| EBITDA margin | +24.9% | +24.9% | +24.7% | +28.1% | +23.5% | +26.1% | +25.7% | +26.1% |
| Depreciation | 4.49 | 4.39 | 4.39 | 4.19 | 3.98 | 3.80 | 3.79 | 3.69 |
| Interest | 1.34 | 1.73 | 0.90 | 1.20 | 0.83 | 1.90 | 0.63 | 2.56 |
| Profit before tax | 28.02 | 48.44 | 23.20 | 26.58 | 19.45 | 26.71 | 19.24 | 18.16 |
| Tax | 7.28 | 9.56 | 6.35 | 7.12 | 5.18 | 5.88 | 5.39 | 5.46 |
| Net profit | 20.74 | 38.88 | 16.85 | 19.46 | 14.27 | 20.83 | 13.85 | 12.70 |
| EPS (βΉ) | 2.63 | 4.27 | 2.26 | 2.56 | 3.69 | 4.89 | 3.74 | 3.55 |
| 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 (βΉ) | 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 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 126 | 101 | 103 | 87.41 | 90.16 | 81.98 | 84.11 |
| Revenue growth (YoY) | +35.1% | +39.3% | +23.0% | +22.1% | +12.6% | - | - | - |
| Other income | 2.76 | 9.69 | 3.00 | 2.73 | 2.72 | 5.16 | 2.63 | 2.59 |
| Total expenses | 87.59 | 95.31 | 73.82 | 71.62 | 65.56 | 67.39 | 58.83 | 60.27 |
| EBITDA | 30.49 | 30.27 | 27.01 | 31.10 | 21.85 | 22.77 | 23.15 | 23.84 |
| EBITDA margin | +25.8% | +24.1% | +26.8% | +30.3% | +25.0% | +25.3% | +28.2% | +28.3% |
| Depreciation | 4.09 | 3.89 | 3.93 | 3.85 | 3.61 | 3.43 | 3.44 | 3.36 |
| Interest | 0.65 | 1.18 | 0.28 | 0.64 | 0.35 | 1.88 | 0.38 | 2.10 |
| Profit before tax | 28.51 | 34.89 | 25.80 | 29.34 | 20.61 | 22.62 | 21.96 | 20.97 |
| Tax | 7.10 | 8.93 | 6.27 | 7.08 | 5.18 | 5.60 | 5.39 | 5.37 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 128 | 171 | 106 | 106 | 93.19 | 108 | 85.77 | 87.09 |
| Revenue growth (YoY) | +37.3% | +58.3% | +24.0% | +21.4% | +11.5% | - | - | - |
| Other income | 1.94 | 11.96 | 2.27 | 2.28 | 2.38 | 4.12 | 1.62 | 1.67 |
| EBITDA | 31.91 | 42.60 | 26.22 | 29.69 | 21.88 | 28.29 | 22.04 | 22.74 |
| EBITDA margin | +24.9% | +24.9% | +24.7% | +28.1% | +23.5% | +26.1% | +25.7% | +26.1% |
| Depreciation | 4.49 | 4.39 | 4.39 | 4.19 | 3.98 | 3.80 | 3.79 | 3.69 |
| Interest | 1.34 | 1.73 | 0.90 | 1.20 | 0.83 | 1.90 | 0.63 | 2.56 |
| Profit before tax | 28.02 | 48.44 | 23.20 | 26.58 | 19.45 | 26.71 | 19.24 | 18.16 |
| Tax | 7.28 | 9.56 | 6.35 | 7.12 | 5.18 | 5.88 | 5.39 | 5.46 |
| Net profit | 20.74 | 38.88 | 16.85 | 19.46 | 14.27 | 20.83 | 13.85 | 12.70 |
| EPS (βΉ) | 2.63 | 4.27 | 2.26 | 2.56 | 3.69 | 4.89 | 3.74 | 3.55 |
| 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 (βΉ) | 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 (βΉ) | 21.86 | 15.75 | 8.22 | 9.25 | 6.93 | 5.27 | 6.92 |
| Dividend per share (βΉ) | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 169.66 | 148.44 | 103.28 | 95.24 | 86.24 | 55.20 | 46.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 126 | 101 | 103 | 87.41 | 90.16 | 81.98 | 84.11 |
| Revenue growth (YoY) | +35.1% | +39.3% | +23.0% | +22.1% | +12.6% | - | - | - |
| Other income | 2.76 | 9.69 | 3.00 | 2.73 | 2.72 | 5.16 | 2.63 | 2.59 |
| Total expenses | 87.59 | 95.31 | 73.82 | 71.62 | 65.56 | 67.39 | 58.83 | 60.27 |
| EBITDA | 30.49 | 30.27 | 27.01 | 31.10 | 21.85 | 22.77 | 23.15 | 23.84 |
| EBITDA margin | +25.8% | +24.1% | +26.8% | +30.3% | +25.0% | +25.3% | +28.2% | +28.3% |
| Depreciation | 4.09 | 3.89 | 3.93 | 3.85 | 3.61 | 3.43 | 3.44 | 3.36 |
| Interest | 0.65 | 1.18 | 0.28 | 0.64 | 0.35 | 1.88 | 0.38 | 2.10 |
| Profit before tax | 28.51 | 34.89 | 25.80 | 29.34 | 20.61 | 22.62 | 21.96 | 20.97 |
| Tax | 7.10 | 8.93 | 6.27 | 7.08 | 5.18 | 5.60 | 5.39 | 5.37 |
| 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 (βΉ) | 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 (βΉ) | 20.64 | 16.15 | 8.78 | 9.21 | 6.90 | 5.05 | 7.03 |
| Dividend per share (βΉ) | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 169.20 | 149.31 | 103.80 | 95.20 | 86.10 | 55.12 | 46.17 |
Investments & Acquisitions by Paras Defence & Space Technologies
Paras Defence & Space Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ayatti Innovative.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Structural metal products are manufactured by Ayatti Innovative in India. | ayattiinnovative.tcc.mode | Pune, India | 2018 | Aug 2022 | $874,839 |
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Timeline of Paras Defence & Space Technologies
6 dated milestones of Paras Defence & Space Technologies across 52 years, from founding to its latest funding, stage changes and deals.
- Founded Paras Defence & Space Technologies is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Ayatti Innovative.
- Funding Latest funding round, Series A,.
Web traffic of Paras Defence & Space Technologies
The website of Paras Defence & Space Technologies (parasdefence.com) receives about 12K visits a month.
- Monthly visits12K
▼ 28.1% vs previous month
Websites whose visitors overlap most with Paras Defence & Space Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zentechnologies.com | 100% | 33.8K | #938,627 | View details | |
| garudaaerospace.com | 95% | 25.7K | #1,008,864 | View details | |
| bel-india.in | 91% | 567.4K | #59,434 | View details |
Top companies in Defense & Military Services
2 companies that operate in the same segment as Paras Defence & Space Technologies (Defense & Military Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 24.09 M | 595 | |
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 Defence & Space Technologies
Paras Defence & Space Technologies was founded in 1972 and raised its 1st funding round 46 years after it was founded.
Paras Defence & Space Technologies is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Paras Defence & Space Technologies is a funded company, having raised a total of $4.55M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.47M, raised on May 2018.
Paras Defence & Space Technologies has 537 employees.
The primary company behind Paras Defence & Space Technologies, Paras Defence And Space Technologies Limited, reported revenue of βΉ495 Cr for FY 2026, up 31% year on year.
Founded in 1972 and based in Navi Mumbai, India, Paras Defence Space Technologies operates in the defence and space sector. Products and solutions provided include optical components, imaging systems, electronic systems, cybersecurity measures, heavy structures production, rocket motor tubes, special purpose machines, titanium fabrication, electromagnetic pulse protection, shielding products, drones, anti-drone systems, spacecraft integration and testing, remote-controlled defence systems, and custom engineering solutions.
Yes, Paras Defence & Space Technologies is publicly traded on NSE under the ticker symbol PARAS.
Paras Defence & Space Technologies has made 1 acquisition, including Ayatti Innovative.
Paras Defence & Space Technologies has 27 investors. Key investors include Kaviraj Securities, Mukul Agrawal, IDBI Capital, Pooja Unichem, and Devanshventures.
The valuation of Paras Defence & Space Technologies is $50.47M as of Apr 2021.
Paras Defence & Space Technologies operates through Paras Defence And Space Technologies Limited.
The legal entities of Paras Defence & Space Technologies currently have 8 directors, including Shilpa Amit Mahajan, Sharad Virji Shah, Manmohan Handa and others.
