Business Update Neutral

2026-05-22 12:13

Paras Defence and Space Technologies Limited will be meeting with Analysts / Institutional Investors on Wednesday, May 27, 2026, at the Taj Hotel, Santacruz, Mumbai. The meeting will be in the form of one-on-one and/or group sessions. The company stated that no Unpublished Price Sensitive Information will be shared during the meet.

Financials Positive

2026-05-13 14:55

The Board of Directors of Paras Defence and Space Technologies Limited, in its meeting on May 13, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The board recommended a final dividend of Re. 1/- per equity share for the financial year ended March 31, 2026. Additionally, the re-appointment of M/s S M L and Co. LLP as Internal Auditor and M/s Dinesh Jain & Company as Cost Auditor for FY 2026-27 was approved.

Financials Positive

2026-05-13 14:51

Standalone Revenue ₹125.58 Cr vs ₹90.16 Cr (▲39.3% YoY), EBITDA ₹30.27 Cr vs ₹22.77 Cr (▲32.9% YoY), PAT ₹25.96 Cr vs ₹17.02 Cr (▲52.5% YoY). EBITDA Margin 24.1% vs 25.25% (▼115bps). The Board also recommended a final dividend of Rs. 1/- per equity share for the financial year ended March 31, 2026.

Governance Positive

2026-05-13 14:51

The Board of Directors of Paras Defence and Space Technologies Limited, in a meeting on May 13, 2026, approved the Audited Financial Results for the quarter and financial year ended March 31, 2026. They recommended a final dividend of Re. 1/- per equity share (face value Rs. 5/-) for FY 2025-26. The re-appointment of M/s S M L and Co. LLP as Internal Auditor and M/s Dinesh Jain & Company as Cost Auditor for FY 2026-27 was also approved.

Business Update Positive

2026-04-30 13:07

Paras Defence and Space Technologies Limited has received an order from DRDO, Ministry of Defence, valued at approximately Rs. 7.72 Cr. (Incl. of Taxes). The order is for the development of Ku/C-Band Satellite Communication Phased Array Antennas for Airborne Applications and is to be completed on or before April 29, 2028.

Business Update Positive

2026-04-28 11:48

Paras Defence & Space Technologies Limited signed an MoU with Complus Systems Pvt. Ltd. and JV Micronics to collaboratively pursue opportunities for the design, development, manufacturing, installation, and servicing of Anechoic and Semi-Anechoic Chambers in India and internationally.

Business Update Positive

2026-04-15 13:36

Paras Defence and Space Technologies Limited signed a 10-year agreement with Bandak Aviation Inc. DBA Northstar, USA, to exclusively supply and support air-to-air refueling systems and associated services for the Indian Armed Forces.

Routine Neutral

2026-04-08 18:29

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Governance Neutral

2026-04-06 18:14

Paras Defence and Space Technologies Limited announced the appointment of Ms. Minal Bhate as the Company Secretary and Compliance Officer (Key Managerial Personnel), effective April 06, 2026.

Business Update Positive

2026-03-30 14:40

Paras Defence and Space Technologies Limited divested its entire 58.02% equity stake in its subsidiary, Ayatti Innovative Private Limited, for a consideration of ₹6.99 crore. Ayatti contributed 0.32% to consolidated turnover and -0.55% to net worth in FY24-25, and now ceases to be a subsidiary.

Business Update Neutral

2026-03-24 14:21

Paras Defence and Space Technologies Limited will hold a One-on-One Investor Meet with Niveshaay Investment Advisors on March 30, 2026, at 3:00 p.m. No Unpublished Price Sensitive Information is proposed to be shared during the meeting.

Routine Neutral

2026-03-23 13:48

Paras Defence and Space Technologies Limited announced the closure of its trading window for Designated Persons and their relatives from April 01, 2026, until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.

Business Update Neutral

2026-03-23 10:54

Paras Defence and Space Technologies Ltd. will meet Pictet Asset Management, UK, for a one-on-one investor meet on March 27, 2026, at its registered office in Navi Mumbai. No Unpublished Price Sensitive Information will be shared.

Business Update Positive

2026-03-13 13:26

Paras Defence and Space Technologies Limited granted 1,56,400 stock options under its ESOP 2024 (Phase 2) to eligible employees on March 13, 2026. Each option has a face value of Rs. 5/- and an exercise price of Rs. 650/- per share. Options vest in minimum 3 years and are exercisable within 5 years.

Business Update Neutral

2026-03-10 13:01

Paras Defence and Space Technologies Limited will meet Fullerton Fund Management, an institutional investor, for a one-on-one meeting on March 16, 2026. No unpublished price sensitive information is proposed to be shared during the meet.

Business Update Positive

2026-03-09 10:56

Paras Defence and Space Technologies Limited has received an order from DRDO, Ministry of Defence, valued at approximately Rs. 80.28 Cr. (Incl. of Taxes) for the development of High Precision Optical System for Air Defence Applications, to be executed within 18 months.

Business Update Positive

2026-03-04 10:02

Paras Defence and Space Technologies Limited signed a Memorandum of Understanding (MoU) with Green Optics Co., Ltd., South Korea, for joint development, manufacturing, and business development of Optics & Optical Systems for Space and Defence applications.

Business Update Positive

2026-02-27 16:06

Paras Defence and Space Technologies Limited has incorporated a new subsidiary, Paras Semiconductors Private Limited, on February 27, 2026. The subsidiary will focus on advanced semiconductor packaging and testing for AI, HPC, networking, and data center applications.

Business Update Neutral

2026-02-23 13:12

Paras Defence and Space Technologies Limited will meet Analysts / Institutional Investors at "Chasing Growth 2026" organized by Kotak Institutional Equities on February 25, 2026, at Grand Hyatt, Mumbai, in one-on-one and group meetings. The company clarified that no Unpublished Price Sensitive Information will be shared.

Business Update Positive

2026-02-20 17:44

Paras Defence and Space Technologies Limited incorporated a new subsidiary, Paras Avionics Private Limited, on February 20, 2026. The subsidiary will focus on Avionic applications for defence and aerospace platforms. PARAS holds a 60% stake with an investment of ₹60,000.

Business Update Neutral

2026-02-19 16:41

Paras Defence acquired a 49% stake in Himanshi Thermal Solutions Private Limited for ₹49,000 on Feb 19, 2026. The new associate company reported nil turnover and losses for the past two fiscal years. This related-party acquisition aligns with Paras Defence's strategic expansion in aerospace and defence.

Business Update Positive

2026-02-17 13:29

Paras Defence acquired 49% equity in Himanshi Thermal Solutions Pvt Ltd from DefSpace (a related party) for ₹49,000. This strategic acquisition aims for business expansion. Himanshi Thermal reported nil turnover and losses for the past three years (FY22-23 to FY24-25).

Governance Negative

2026-02-03 17:24

CRITICAL RED FLAG DETECTED

Ms. Jajvalya Raghavan, Company Secretary and Compliance Officer (KMP) of Paras Defence and Space Technologies Limited, has resigned effective February 03, 2026, to pursue better prospects outside the organization. The company will appoint a new CS & CO in due course.

PARAS

Paras Defence and Space Technologies Limited

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