Paras Defence and Space Technologies Limited

Paras Defence and Space Technologies Ltd share price ticked higher by 1.79% to Rs 1317.25. The Company's net profit witnessed a sharp fall of 46.66% to Rs 20.74 crore, while revenue from operations nosedived 25.33% to Rs 127.91 crore in Q2FY26 over Q1FY26. The market capitalization of Aerospace & Defense industry group stocks on BSE stood at Rs 8.71 lakh crore, heading higher 12.67%. It has improved by 4.26% over last one week and ticked higher by 0.06% in last one month while the market capitalization of Paras Defence and Space Technologies Ltd has inched up 4.87% and 52.03% in the same period respectively. Profit before tax (PBT) of Paras Defence and Space Technologies Ltd stood at Rs 28.02 crore in Q2 FY26, surging by 44.06% year-on-year, and crashing by 42.16% quarter-on-quarter. EBITDA came in at Rs 30 crore, rallying 53.14% YoY and retreating 10.67% sequentially. Total expenses slumped by 24.50% to Rs 100.49 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 65.91 crore, falling by 16.69% YoY, while employee benefits expense was at Rs 15.09 crore, soaring 19.48% YoY. For the TTM ended FY26, revenue from operations jumped by 43.85% to Rs 364.66 crore, while net profit saw a strong growth of 104.76% to Rs 61.49 crore, compared to previous TTM. EBITDA surged by 4336% to Rs 89.29 crore, and PBT surged 106.60% to Rs 83.61 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 44.82 crore in FY26, as against Rs 45.56 crore in FY25. Paras Defence and Space Technologies Ltd soared by 104.62% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 1.97% during the same period.

Paras Defence and Space Technologies Limited has fixed August 28, 2026, as the record date for determining the eligibility of shareholders for the payment of a final dividend of Rs 1 per equity share of Rs 5 each for the financial year 2025-26, as recommended by the board of directors.

Paras Defence and Space Technologies Limited announced that its board approved the divestment of its entire 47.50% equity stake, comprising 522,500 shares, in associate company Krasny Paras Defence Technologies Private Limited, which will cease to be an associate post the transaction. The turnover contributed by Krasny Paras to the company's consolidated turnover for fiscal year 2025-26 was Rs 0.59 crore, representing 0.12%, with a net worth of Rs 0.63 crore as of March 31, 2026; the transaction is expected to be completed by December 31, 2026, and the buyer, Krasny Defence Technologies Limited, is not affiliated with the company's promoters.

Paras Defence and Space Technologies Limited will hold a board meeting on Friday, August 07, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, along with a limited review report from its statutory auditors.

The agreement is aimed at setting up an advanced OSAT (Outsourced Semiconductor Assembly and Test) facility in the state. Under the agreement, the Madhya Pradesh government has allotted 50 acres of land on the Ujjain'Indore Corridor for the proposed facility. The project entails a proposed investment of Rs 6,200 crore and is aimed at strengthening India's semiconductor manufacturing ecosystem, accelerating the development of semiconductor devices for strategic applications, generating employment, and supporting the growth of a domestic semiconductor ecosystem. Paras Semiconductors, the semiconductor business of Paras Defence & Space Technologies, has been established to develop advanced semiconductor capabilities for strategic and high-performance sensor applications. The company said the facility will leverage advanced semiconductor manufacturing and packaging technologies to produce semiconductor devices for sensor technologies, optical and optronic systems, and other strategic applications. It also has the potential to expand into AI chips and other advanced semiconductor technologies as market opportunities evolve. The initiative builds on Paras Defence's expertise in optics and optronics and marks the group's strategic expansion into critical semiconductor technologies in line with India's semiconductor manufacturing ambitions. Munjal Sharad Shah, Managing Director, Paras Defence & Space Technologies, said, the signing of this MoU marks a significant milestone in Paras Semiconductor's journey towards building indigenous semiconductor capabilities in India. We are honoured by the confidence and support extended by the Government of Madhya Pradesh and sincerely appreciate the state's progressive vision, industry-friendly policies and commitment to creating an enabling ecosystem for advanced manufacturing. The allocation of land on the Ujjain' Indore Corridor reflects the state's intent to foster long-term partnerships with industry. Through this investment, we look forward to contributing to Madhya Pradesh's industrial growth, creating highvalue employment, nurturing a vibrant supplier ecosystem and supporting India's vision of becoming a globally competitive semiconductor manufacturing destination. Santosh Kumar, Chief Executive Officer, Paras Semiconductor, said: The next phase of India's semiconductor journey will be defined not just by manufacturing capacity, but by the strength of the ecosystems we build around it. The Ujjain'Indore Corridor presents a unique opportunity to combine world-class infrastructure with a progressive policy environment to create a globally competitive semiconductor ecosystem. Ujjain, the sacred city of Mahakal and one of India's oldest centres of knowledge and civilisation, symbolises a remarkable convergence of heritage and the future. It is an honour for Paras Semiconductors to contribute to this transformation and be part of Madhya Pradesh's vision of building advanced semiconductor capabilities. Through this project, we aim to develop semiconductor devices for strategic applications, strengthen domestic technology capabilities and contribute to India's long-term technological self-reliance. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit rose 63% to Rs 32.15 crore in Q1 FY27 as against Rs 19.72 crore in Q1 FY26. Revenue from operations jumped 58.3% to Rs 171.31 crore in Q1 FY27. The scrip rose 0.70% to Rs 1,224.05 on the BSE. Powered by Capital Market - Live

Paras Semiconductors, a subsidiary of Paras Defence and Space Technologies has signed a Memorandum of Understanding (MoU) with Department of Science and Technology acting through MP State Electronics Development Corporation (MPSeDC). Paras Semiconductors and MPSeDC will integrate their respective expertise and resources to collaboratively facilitate the establishment of a greenfield advanced IC packaging OSAT (Outsourced Semiconductor Assembly and Test) facility in Madhya Pradesh. Paras Semiconductors will set up a greenfield advanced IC packaging OSAT facility in Indore-Ujjain, Madhya Pradesh, with a proposed investment of approx. Rs. 6,200 crore. The facility will undertake advanced packaging operations including 3D heterogeneous integration, 2.5D/3D advanced packaging, hybrid bonding, ultra-high-density fan-out packaging, chiplet integration, wafer bumping, flip-chip assembly, testing and reliability.

The domestic contract is to be executed on or before September 2027, the company said. The order does not involve any related party transaction, and neither the promoter nor promoter group entities have any interest in the awarding entity, it added. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. Shares of Bharat Electronics shed 0.25% to Rs 406.20 on the BSE. Powered by Capital Market - Live

Net profit of Paras Defence and Space Technologies rose 74.34% to Rs 34.38 crore in the quarter ended March 2026 as against Rs 19.72 crore during the previous quarter ended March 2025. Sales rose 58.28% to Rs 171.31 crore in the quarter ended March 2026 as against Rs 108.23 crore during the previous quarter ended March 2025. For the full year,net profit rose 38.81% to Rs 88.10 crore in the year ended March 2026 as against Rs 63.47 crore during the previous year ended March 2025. Sales rose 30.69% to Rs 476.57 crore in the year ended March 2026 as against Rs 364.66 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales171.31108.23 58 476.57364.66 31 OPM %24.8726.14 -25.2626.66 - PBDT49.9230.51 64 131.7198.54 34 PBT45.5326.71 70 114.7683.61 37 NP34.3819.72 74 88.1063.47 39 Powered by Capital Market - Live

Paras Defence & Space Techs. announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Paras Defence & Space Techs. will hold a meeting of the Board of Directors of the Company on 13 May 2026.