Paras Defence and Space Technologies Limited
Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test equipment. It also provides diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures for space applications, lens barrels, and ultra-precision manufacturing products; and rugged wired cabinets, shielded doors, honey comb air vents/filters, command and control console/systems, naval electronic time fuse, acoustic and magnetic sensing products, naval chart, other software modules, turnkey indigo simulator systems, transducer positioning systems and platforms, submarine winches, and titanium assemblies. In addition, the company provides high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilization systems, tri-pods and quadri-pods, ARRV winch systems, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged COTS systems, data/video/image processing systems, rugged VME/VPX platforms, and active array radar cooling assemblies, as well as software development and system integration services. Additionally, it offers Electro-Magnetic Pulse shielded rooms and control centers, racks and cabinets, shielded doors, anechoic shielded chambers, EMP filters, shielded air vents and windows, EMP hardened products, and turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. Paras Defence and Space Technologies Limited was incorporated in 2009 and is based in Navi Mumbai, India
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Operating margin of 23.3% exceeds Technology median (19.0%)
Concerns1
- Low return on equity of 7.6%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 9 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ334.00 Cr | β | βΉ65.00 Cr | β | β | 10.1% | 44.0% | 91.2% |
| Mar 2024 | βΉ232.00 Cr | β | βΉ34.00 Cr | β | β | 7.6% | 8.4% | -5.6% |
| Mar 2023 | βΉ214.00 Cr | β | βΉ36.00 Cr | β | β | 8.7% | 18.9% | 33.3% |
| Mar 2022 | βΉ180.00 Cr | β | βΉ27.00 Cr | β | β | 7.1% | 35.3% | 80.0% |
| Mar 2021 | βΉ133.00 Cr | β | βΉ15.00 Cr | β | β | 7.2% | -9.5% | -25.0% |
| Mar 2020 | βΉ147.00 Cr | β | βΉ20.00 Cr | β | β | 11.6% | -4.5% | 5.3% |
| Mar 2019 | βΉ154.00 Cr | β | βΉ19.00 Cr | β | β | 12.4% | 7.7% | -24.0% |
| Mar 2018 | βΉ143.00 Cr | β | βΉ25.00 Cr | β | β | 20.2% | 197.9% | 1150.0% |
| Mar 2017 | βΉ48.00 Cr | β | βΉ2.00 Cr | β | β | 6.3% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 362 |
| Total Expenses | 263 |
| EBIT / Operating Profit | 99 |
| OPM % | 27% |
| Other Income | 13 |
| Finance Costs | 3 |
| Depreciation & Amortisation | 14 |
| Profit Before Tax | 95 |
| Tax % | - |
| Net Profit / PAT | 71 |
| EPS (βΉ) | 8.84 |
| Dividend Payout % | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Paras Defence and Space Technologies Limitedthis co. | βΉ5.46 K Cr | βΉ334.00 Cr | 76.70 | 8.07 | 86.03 | 44.0% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |