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Paras Defence &Space share price

Paras Defence And Space Technologies Ltd.

NSE: PARAS BSE: 543367 SECTOR: Defence  311k   964   167

757.85
+0.70 (0.09%)
NSE: 25 Apr 04:03 PM

Price Summary

Today's High

₹ 773.8

Today's Low

₹ 749

52 Week High

₹ 848

52 Week Low

₹ 491.15

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2955.62 Cr.

Enterprise Value

2918.51 Cr.

No. of Shares

3.9 Cr.

P/E

90.22

P/B

7.48

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  101.28

CASH

37.11 Cr.

DEBT

0 Cr.

Promoter Holding

58.94 %

EPS (TTM)

₹  8.4

Sales Growth

19.04%

ROE

10.16 %

ROCE

14.63%

Profit Growth

33.52 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year19.04%
3 Year13.5%
5 Year8.41%

Profit Growth

1 Year33.52%
3 Year21.63%
5 Year7.45%

ROE%

1 Year10.16%
3 Year10.37%
5 Year13.48%

ROCE %

1 Year14.63%
3 Year14.2%
5 Year15.79%

Debt/Equity

0

Price to Cash Flow

59.74

Interest Cover Ratio

7.57162747524752

CFO/PAT (5 Yr. Avg.)

0.442806290102138

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 58.94 0
Dec 2023 58.94 0
Sep 2023 58.94 0
Jun 2023 58.94 0
Mar 2023 58.94 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 21.6302517339603% for the Past 3 years.
  • The company has significantly decreased its debt by 29.1263 Cr.
  • Company is virtually debt free.
  • The Company has been maintaining an effective average operating margins of 28.5573121098101% in the last 5 years.
  • Company has a healthy liquidity position with current ratio of 4.52698035862185.
  • The company has a high promoter holding of 58.94%.

 Limitations

  • The company has shown a poor revenue growth of 13.4956754714255% for the Past 3 years.
  • Company has high debtor days of 226.994039563262.
  • Company has contingent liabilities of 102.666 Cr.
  • The company is trading at a high PE of 90.22.
  • The company is trading at a high EV/EBITDA of 51.3717.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 60.12 58.05 44.72 59.8 62.79
Total Expenditure 44.96 44.41 34.2 43.69 49.28
Operating Profit 15.16 13.64 10.52 16.11 13.51
Other Income 5.51 0.81 0.98 1.27 0.94
Interest 3.64 1.96 0.46 0.65 1.06
Depreciation 2.69 2.72 2.87 3.18 3.03
Exceptional Items 0 0 0 0 0
Profit Before Tax 14.34 9.77 8.17 13.55 10.36
Tax 3.83 0.91 1.97 3.45 2.76
Profit After Tax 10.51 8.86 6.2 10.1 7.6
Adjusted EPS (Rs) 2.69 2.27 1.59 2.59 1.95

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 154.4 146.57 132.8 180 214.28
Total Expenditure 111.14 106.77 89.57 127.99 158.2
Operating Profit 43.26 39.8 43.23 52.01 56.08
Other Income 2.77 2.22 1.33 3.01 8.44
Interest 9.75 10.21 13.06 8.3 7.11
Depreciation 9.41 9.71 9.64 10.32 10.68
Exceptional Items 0 0 0 0 0
Profit Before Tax 26.88 22.1 21.86 36.39 46.73
Tax 7.84 2.13 6.78 9.48 10.8
Net Profit 19.04 19.97 15.08 26.91 35.93
Adjusted EPS (Rs.) 6.7 7.03 5.05 6.9 9.21

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.68 28.41 29.85 39 39
Total Reserves 146.75 144.59 176.52 338.62 374.13
Borrowings 38.2 36.75 25.53 0 0
Other N/C liabilities 29.47 24.89 24.33 22.68 23.17
Current liabilities 109.66 107.26 105.32 54.19 66.89
Total Liabilities 329.76 341.9 361.55 454.49 503.19
Assets
Net Block 168.29 157.83 156.51 135.68 141.18
Capital WIP 2.63 4.91 0.51 0.5 3.81
Intangible WIP 0 0 0 0 0
Investments 0.09 0.08 1.15 4.15 19.24
Loans & Advances 0.87 1.24 1.15 1.82 7.05
Other N/C Assets 0.42 2.89 5.35 20.02 29.12
Current Assets 157.45 174.96 196.89 292.33 302.81
Total Assets 329.76 341.9 361.55 454.49 503.19
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 26.88 22.1 21.86 36.39 46.73
Adjustment 19.48 21.07 22.54 20.66 12.02
Changes in Assets & Liabilities -51.4 -38.28 -33.75 -32.51 0.16
Tax Paid -7 -7.04 -6.93 -11.77 -9.43
Operating Cash Flow -12.04 -2.15 3.72 12.77 49.48
Investing Cash Flow -9.61 -4.9 -6.17 -77.49 9.54
Financing Cash Flow 21.41 8.12 5.28 62.35 -45.08
Net Cash Flow -0.24 1.08 2.82 -2.37 13.94

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 58.94 58.94 58.94 58.94 58.94
ami munjal shah 2.60 2.60 2.60 2.60 2.60
anish hemant mehta 3.64 3.64 3.64 3.64 3.64
anushka munjal shah 2.56 2.56 2.56 2.56 2.56
jiwanshi munjal shah 2.56 2.56 2.56 2.56 2.56
kaajal harsh bhansali 3.64 3.64 3.64 3.64 3.64
munjal sharad shah 25.28 25.28 25.28 25.28 25.28
sharad virji shah 18.65 18.65 18.65 18.65 18.65
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 41.06 41.06 41.06 41.06 41.06
amit mahajan 1.79 1.79 1.79 1.79 1.79
llp 1.04 0.99 0.52 0.57 0.47
nippon life india trustee... 2.09 2.21 2.69 2.69 2.69
shilpa mahajan 1.79 1.79 1.79 1.79 1.79
badve engineering ltd 1.77 1.56 - - -
jaya chandrakant gogri 1.03 - - - -
mukul mahavir agrawal 1.12 - - - -

Annual Reports

No Annual reports exist for this company.Report us

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

Paras Defence &Space - Quaterly Results9 Feb 2024, 2:09PM Paras Defence &Space - Quaterly Results9 Feb 2024, 2:09PM Paras Defence &Space - Quaterly Results9 Feb 2024, 2:09PM Paras Defence and Space Technologies informs about updates31 Jan 2024, 5:26PM Paras Defence wins contract from Ministry of Defence31 Jan 2024, 3:29PM Paras Defence enters into licensing agreement for transfer of technology31 Jan 2024, 12:27PM Paras Defence incorporates subsidiary company 12 Jan 2024, 11:12AM Paras Defence and Space Technologies incorporates wholly-owned subsidiary1 Jan 2024, 2:29PM Paras Defence and Space Technologies informs about investor meeting16 Dec 2023, 10:32AM Paras Defence and Space Technologies informs about outcome of board meeting13 Dec 2023, 3:19PM Paras Defence and Space Technologies informs about resignation of CS13 Dec 2023, 2:38PM Paras Defence and Space Technologies informs about statement of deviation or variation 9 Nov 2023, 10:07AM Paras Defence &Space - Quaterly Results6 Nov 2023, 5:35PM Paras Defence &Space - Quaterly Results6 Nov 2023, 5:35PM Paras Defence and Space Technologies informs about company updates21 Oct 2023, 12:24PM Paras Defence and Space Technologies gets nod to incorporates wholly owned subsidiary21 Oct 2023, 10:36AM Paras Defence’s arm receives Second Type Certificate from DGCA for Agri Drone 20 Oct 2023, 11:28AM Paras Defence and Space Technologies informs about analyst meet 21 Sep 2023, 5:14PM Paras Defence and Space Technologies informs about revised schedule of analyst meet12 Sep 2023, 12:42PM Paras Defence and Space Technologies informs about disclosure11 Sep 2023, 2:09PM Paras Defence and Space Technologies informs about disclosure11 Sep 2023, 10:57AM Paras Defence and Space Technologies informs about annual report7 Sep 2023, 5:17PM Paras Defence &Space - Quaterly Results7 Aug 2023, 1:45PM Paras Defence &Space - Quaterly Results7 Aug 2023, 1:45PM Paras Defence &Space - Quaterly Results7 Aug 2023, 1:45PM Paras Defence and Space Technologies informs about receipt of purchase order3 Jul 2023, 9:49AM Paras Defence receives contract from IFFCO3 Jul 2023, 9:20AM Paras Defence and Space Technologies informs about receipt of purchase order16 Jun 2023, 9:57AM Paras Defence wins contract for Realization of Optronic Periscopes for ICS16 Jun 2023, 9:25AM Paras Defence and Space Technologies informs about credit rating15 Jun 2023, 4:53PM Paras Defence and Space Technologies submits analyst meet intimation5 Jun 2023, 12:46PM Paras Defence enters into Joint Venture agreement with CONTROP2 Jun 2023, 10:07AM Paras Defence and Space Technologies informs about formation of associate company17 May 2023, 10:56AM Paras Defence and Space Technologies gets nod to incorporate Associate Company17 May 2023, 9:46AM Paras Defence &Space - Quaterly Results16 May 2023, 6:23PM Paras Defence &Space - Quaterly Results16 May 2023, 6:23PM Paras Defence and Space Technologies inks MoU with SAMEER16 May 2023, 1:01PM Paras Defence and Space Technologies informs about certificate17 Apr 2023, 12:04PM Paras Defence’s arm inks MoU with Spacekawa Explorations11 Apr 2023, 6:15PM Paras Defence’s arm receives Type Certificate from DGCA for Agriculture Drone6 Apr 2023, 3:27PM Paras Defence gets license to establish industrial undertaking28 Mar 2023, 11:40AM Paras Defence and Space Technologies informs about analyst meet 20 Mar 2023, 10:08AM Paras Defence and Space Technologies informs about award of order 20 Mar 2023, 10:04AM Paras Defence wins contract for Avionics Suite for Saras MK - 2 Aircraft 20 Mar 2023, 9:58AM Paras Defence and Space Technologies enters into MoU with CONTROP15 Mar 2023, 10:10AM Paras Defence and Space Technologies informs about MOU15 Mar 2023, 9:55AM Paras Defence and Space Technologies informs about clarification8 Mar 2023, 2:49PM Paras Defence and Space Technologies informs about analyst meet 8 Mar 2023, 9:57AM Paras Defence and Space Technologies informs about memorandum of understanding 16 Feb 2023, 5:06PM Yantra India enters into MoU with Paras Defence and Space Technologies 16 Feb 2023, 11:44AM

Paras Defence &Space Stock Price Analysis and Quick Research Report. Is Paras Defence &Space an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Paras Defence &Space has a PE ratio of 90.2202380952381 which is high and comparatively overvalued .

  • Share Price: - The current share price of Paras Defence &Space is Rs 757.85. One can use valuation calculators of ticker to know if Paras Defence &Space share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Paras Defence &Space has ROA of 7.50314848342871 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Paras Defence &Space has a Current ratio of 4.52698035862185 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Paras Defence &Space has a ROE of 10.1623468871551 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Paras Defence &Space has a D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Paras Defence &Space has an Inventory turnover ratio of 2.71406451171636 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Paras Defence &Space has reported revenue growth of 19.04415608658 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Paras Defence &Space for the current financial year is 26.1702933923715 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Paras Defence &Space is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Paras Defence &Space

Paras Defence And Space Technologies Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Paras Defence And Space Technologies Ltd. is one of the leading companies in the defense and space technology sector. The company specializes in providing innovative solutions and advanced technologies for defense, aerospace, and space exploration purposes.

With a strong focus on research and development, Paras Defence And Space Technologies has made significant contributions in areas like defense electronics, communication systems, and space technology. The company delivers products and services that are vital for national security and contribute to the advancement of the defense sector as a whole.

Paras Defence And Space Technologies Ltd. - Share Price

The share price of Paras Defence And Space Technologies Ltd. reflects the market value of the company's stock. As a long-term stock investor, analyzing the share price can provide insights into the company's performance and potential growth prospects. By studying historical share price trends, investors can assess the overall market sentiment towards the company and make informed decisions.

To perform a comprehensive share price analysis, investors can utilize the pre-built screening tools available on our website. These tools allow investors to compare the share price of Paras Defence And Space Technologies Ltd. with other companies in the same sector, track price movements, and identify potential buying or selling opportunities.

Paras Defence And Space Technologies Ltd. - Balance Sheet

The balance sheet of Paras Defence And Space Technologies Ltd. provides a snapshot of the company's financial health and stability. It showcases the company's assets, liabilities, and shareholders' equity at a specific point in time. Analyzing the balance sheet can help investors understand the company's ability to meet its financial obligations, manage its assets effectively, and generate sustainable growth.

To delve deeper into the balance sheet analysis, our website offers premium features that allow fair value calculation. Investors can utilize tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to assess the true value of Paras Defence And Space Technologies Ltd. These tools provide a comprehensive evaluation of the company's financial performance and aid in making informed investment decisions.

Paras Defence And Space Technologies Ltd. - Annual Report

The annual report of Paras Defence And Space Technologies Ltd. provides a detailed overview of the company's operations, financial performance, and strategic initiatives undertaken during the fiscal year. The report includes key highlights, management discussions, audited financial statements, and other essential information that help investors assess the company's growth trajectory and evaluate its future potential.

On our website, investors can download the annual reports of Paras Defence And Space Technologies Ltd. This allows investors to thoroughly analyze the company's business strategies, revenue generation, and risk management policies. By studying the annual reports, investors gain valuable insights into the company's competitive position, market trends, and long-term growth prospects.

Paras Defence And Space Technologies Ltd. - Dividend

Paras Defence And Space Technologies Ltd. offers dividends as a means to distribute profits to its shareholders. Dividends are typically paid as either cash or additional shares of the company's stock. Analyzing the company's dividend history and payout ratio can provide valuable insights into the company's financial stability, profitability, and its commitment to rewarding shareholders.

Investors can track the dividend history of Paras Defence And Space Technologies Ltd. on our website. Our website provides up-to-date information on dividend payments, dividend yield, and dividend growth rate. By analyzing this data, investors can make informed decisions regarding their investment strategies and assess the company's attractiveness for long-term dividends.

Paras Defence And Space Technologies Ltd. - Quarterly Result

Monitoring the quarterly results of Paras Defence And Space Technologies Ltd. allows investors to gain insights into the company's performance on a regular basis. Quarterly reports highlight key financial metrics, revenue sources, profitability, and any notable milestones achieved during the reporting period. Analyzing these reports helps investors assess the company's consistency, growth trajectory, and potential risks.

On our website, investors can access the quarterly results of Paras Defence And Space Technologies Ltd. These reports provide a comprehensive analysis of the company's financial performance, allowing investors to evaluate its market position and make informed decisions.

Paras Defence And Space Technologies Ltd. - Stock Price

Monitoring the stock price of Paras Defence And Space Technologies Ltd. on a regular basis helps investors track the market sentiment towards the company and identify potential buying or selling opportunities. By studying historical stock price movements, investors can gain insights into the company's performance, market trends, and overall investor sentiment.

To facilitate stock price analysis, our website provides price charts for Paras Defence And Space Technologies Ltd. These charts display historical stock price data, allowing investors to visualize trends and patterns. Utilizing these tools can help investors make informed decisions and formulate effective investment strategies.

Paras Defence And Space Technologies Ltd. - News and Updates

Staying updated with the latest news and updates regarding Paras Defence And Space Technologies Ltd. is crucial for long-term stock investors. News articles cover a wide range of topics, including company announcements, new product launches, strategic partnerships, and regulatory developments.

On our website, investors can access the latest news and updates related to Paras Defence And Space Technologies Ltd. These articles provide valuable insights into the company's recent developments, market trends, and potential impact on its stock performance. By staying informed, investors can make well-informed investment decisions and capitalize on emerging opportunities.

Paras Defence And Space Technologies Ltd. - Concall Transcripts

Concall transcripts play a vital role in understanding the company's operations, management strategy, and financial outlook. These transcripts provide a detailed record of the discussions held during the conference calls conducted by Paras Defence And Space Technologies Ltd.

Our website offers downloadable concall transcripts, allowing investors to gain a deep understanding of the company's vision, growth plans, and response to analyst queries. By analyzing these transcripts, investors can assess the company's transparency, governance practices, and management's ability to navigate challenges.

Paras Defence And Space Technologies Ltd. - Investor Presentations

Investor presentations are essential tools for understanding the company's long-term vision, growth strategy, and financial performance. These presentations provide a comprehensive overview of the company's operations, market opportunities, and competitive advantages.

Paras Defence And Space Technologies Ltd. offers investor presentations that can be downloaded from our website. By studying these presentations, investors can gain valuable insights into the company's growth prospects, innovative solutions, and potential risks. These presentations help investors make informed decisions about their investment strategies and assess the company's long-term potential.

Paras Defence And Space Technologies Ltd. - Promoters

The promoters of Paras Defence And Space Technologies Ltd. play a crucial role in shaping the company's strategic direction and overall success. Promoters are individuals or entities who have a significant stake in the company and are responsible for its day-to-day operations and decision-making.

Understanding the background, experience, and track record of the promoters is essential for long-term stock investors. Our website provides information about the promoters of Paras Defence And Space Technologies Ltd., enabling investors to evaluate their credibility, industry expertise, and commitment to the company's growth.

Paras Defence And Space Technologies Ltd. - Shareholders

Analyzing the shareholder base of Paras Defence And Space Technologies Ltd. offers valuable insights into the company's ownership structure and potential impact on stock performance. Shareholders include individuals, institutional investors, and other entities that hold shares in the company.

Our website provides information on the major shareholders of Paras Defence And Space Technologies Ltd., helping investors understand the distribution of ownership and identify any influential stakeholders. By analyzing the shareholder base, investors can assess the stability of ownership, potential conflicts of interest, and overall market sentiments towards the company's stock.

By considering these various aspects - Company Profile, Share Price, Balance Sheet, Annual Report, Dividend, Quarterly Result, Stock Price, Price Chart, News, Concall Transcripts, Investor Presentations, Promoters, Shareholders - investors gain a comprehensive understanding of Paras Defence And Space Technologies Ltd. and make well-informed investment decisions. Our website provides the necessary tools and resources to perform detailed stock analysis, enabling investors to navigate the market with confidence and clarity.

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