Paras Defence Share Price: In the July–September quarter, Paras Defence reported a net profit of ₹19.4 crore, up 52.7% from ₹12.7 crore in Q2FY25. Total revenue jumped 21.6% year-on-year to ₹108 crore, compared to ₹88.8 crore in the same period last year.
The company’s EBITDA rose 64.3% YoY to ₹618 crore, with EBITDA margin improving to 31.3% from 21.4%. On a quarter-on-quarter (QoQ) basis, revenue climbed 12.87%, while operating profit grew 35%, reflecting the company’s solid execution and rising order inflows.
Earnings per share (EPS) also improved significantly from ₹1.7 to ₹2.6, signaling growing profitability and shareholder value creation.
Defence Engineering Segment Drives Growth
While the Optics and Optronics Systems business witnessed a slight dip, revenue falling to ₹38 crore from ₹42.5 crore in Q1FY26, the Defence Engineering segment recorded remarkable growth. It rose to ₹67 crore from ₹51 crore in the previous quarter and ₹48 crore a year ago, underscoring the company’s expanding presence in India’s defence manufacturing ecosystem.
Paras Defence continues to capitalize on Make in India and Atmanirbhar Bharat initiatives, delivering high-end systems across defence electronics, electromagnetic pulse (EMP) protection, and heavy engineering solutions.
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Strong Client Base
One of the key strengths driving Paras Defence stock performance is its diversified client portfolio. On the domestic front, it serves ISRO, DRDO, Bharat Dynamics, Hindustan Aeronautics Ltd (HAL), and Bharat Electronics (BEL).
Its private sector clients include Tata, L&T, Godrej, Kirloskar, Solar Industries, and Premier Explosives, while international partnerships span Rafael and Elbit Systems, solidifying its global presence.
The company’s subsidiary, Paras Anti-Drone Technologies Pvt. Ltd., has also gained traction with cutting-edge anti-drone systems, RF/Microwave products, and drone jammer guns—a segment expected to grow rapidly amid rising national security requirements.
Paras Defence Outlook
With India’s defence and space sectors witnessing increased government spending, Paras Defence and Space Technologies is strategically positioned for long-term growth. It remains the only Indian manufacturer of Optronic Periscopes for submarines in the Asia-Pacific region, highlighting its technological edge.
Analysts believe that the company’s strong order book, high-margin defence projects, and focus on indigenous solutions could continue to drive revenue and earnings growth in the coming quarters.
Investors tracking defence stocks in India view Paras Defence share price as one of the most promising plays in the small-cap defence segment, supported by its unique capabilities and growing export potential.
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