PARAS Stock Overview
Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for PARAS from our risk checks.
Paras Defence and Space Technologies Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹701.80 |
| 52 Week High | ₹848.00 |
| 52 Week Low | ₹491.15 |
| Beta | 0.24 |
| 1 Month Change | 0.21% |
| 3 Month Change | -9.15% |
| 1 Year Change | 33.22% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 42.51% |
Recent News & Updates
Recent updates
Paras Defence and Space Technologies Limited's (NSE:PARAS) Shares May Have Run Too Fast Too Soon
Feb 16
Paras Defence and Space Technologies (NSE:PARAS) Will Be Hoping To Turn Its Returns On Capital Around
Aug 09Paras Defence and Space Technologies (NSE:PARAS) Will Want To Turn Around Its Return Trends
Mar 07Shareholder Returns
| PARAS | IN Aerospace & Defense | IN Market | |
|---|---|---|---|
| 7D | -3.0% | -3.5% | -3.7% |
| 1Y | 33.2% | 129.3% | 38.4% |
Return vs Industry: PARAS underperformed the Indian Aerospace & Defense industry which returned 129.3% over the past year.
Return vs Market: PARAS underperformed the Indian Market which returned 38.4% over the past year.
Price Volatility
| PARAS volatility | |
|---|---|
| PARAS Average Weekly Movement | 5.8% |
| Aerospace & Defense Industry Average Movement | 7.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in IN Market | 9.8% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: PARAS has not had significant price volatility in the past 3 months.
Volatility Over Time: PARAS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 404 | Munjal Shah | www.parasdefence.com |
Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company provides 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 offers diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures, lens barrels, and ultra-precision manufacturing products; and rugged wired cabinets, shielded doors, honey comb air vents/filters, turnkey indigo simulator systems, submarine winches, titanium assemblies, and acoustic and magnetic sensing products, as well as naval electronic time fuze, naval chart, other software modules, and transducer positioning systems and platforms.
Paras Defence and Space Technologies Limited Fundamentals Summary
| PARAS fundamental statistics | |
|---|---|
| Market cap | ₹27.09b |
| Earnings (TTM) | ₹328.39m |
| Revenue (TTM) | ₹2.39b |
83.3x
P/E Ratio11.4x
P/S RatioIs PARAS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PARAS income statement (TTM) | |
|---|---|
| Revenue | ₹2.39b |
| Cost of Revenue | ₹1.11b |
| Gross Profit | ₹1.28b |
| Other Expenses | ₹951.31m |
| Earnings | ₹328.39m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.42 |
| Gross Margin | 53.49% |
| Net Profit Margin | 13.73% |
| Debt/Equity Ratio | 9.2% |
How did PARAS perform over the long term?
See historical performance and comparison