Added to YB: 2026-03-17
Pitch date: 2026-03-13
PARAS.NS [neutral]
Paras Defence and Space Technologies Limited
-0.87%
current return
Author Info
No bio for this author
Company Info
Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.
Market Cap
INR 51.5B
Pitch Price
INR 640.00
Price Target
972.50
Dividend
0.04%
EV/EBITDA
48.15
P/E
70.06
EV/Sales
12.35
Sector
Aerospace and Defense
Category
growth
Paras Defence: The Small Defence Company Quietly Building India’s Eyes in the Sky
PARAS.NS (overview): Only Indian co w/ indigenous submarine periscopes & hyperspectral imaging. FY25 rev ₹365Cr (+43.6% YoY), 27% OPM, ₹928Cr order book. Entering semiconductors (₹500Cr capex, 2027 prod), quantum tech, anti-drone. Strong tailwinds from India's ₹7.85L Cr defence budget (75% domestic procurement). Risks: 93% raw material cost spike compressing margins, premium 73x P/E requires flawless execution.
Read full article (13 min)