Paras Defence and Space Technologies PARAS
Aerospace Component Manufacturing & MRO: Optics, EO/IR sighting systems, space-grade optics and defence electronics
Mapped in 3 themes: Naval Shipbuilding & Defence Shipyards, Aerospace Component Manufacturing & MRO and Defence Procurement (DAC approvals).
Where Paras Defence and Space Technologies sits in the supply chain
Paras Defence and Space Technologies appears in 4 supply-chain layers across 3 themes: Naval Shipbuilding & Defence Shipyards, Aerospace Component Manufacturing & MRO and Defence Procurement (DAC approvals).
Naval Shipbuilding & Defence Shipyards › Naval Electronics, Sensors, Radar & Sonar
Direct supplierOptics, electro-optics, EW and space-systems maker with naval EW/optronics relevance
Other companies in this layer
Aerospace Component Manufacturing & MRO › Avionics, Electronics, RF/Microwave & Mission Systems
Direct supplierOptics, EO/IR sighting systems, space-grade optics and defence electronics
Other companies in this layer
Defence Procurement (DAC approvals) › Drones & counter-drone
Direct supplierDefence optics (thermal imagers, sights, space optics), anti-drone systems and electronics
Other companies in this layer
Defence Procurement (DAC approvals) › Avionics, comms & electro-optics
Direct supplierDefence optics (thermal imagers, sights, space optics), anti-drone systems and electronics
Other companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 254 | 365 | 477 |
| Net profit | 30 | 61 | 89 |
Latest-year revenue ₹477 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in Aerospace Component Manufacturing & MRO
- Specialised, high-precision optics and EO/IR technology base spanning defence and space applications gives it a differentiated niche with limited direct domestic competition
Risks · in Aerospace Component Manufacturing & MRO
- Customer concentration among defence/government buyers
- Order timing tied to lumpy defence procurement cycles
Common questions
What does Paras Defence and Space Technologies do?
In Aerospace Component Manufacturing & MRO: Optics, EO/IR sighting systems, space-grade optics and defence electronics. NextResearch maps it in 3 supply chains: Aerospace Component Manufacturing & MRO, Naval Shipbuilding & Defence Shipyards and Defence Procurement (DAC approvals).
Where does Paras Defence and Space Technologies sit in the supply chain?
Paras Defence and Space Technologies (NSE: PARAS) is mapped in 4 supply-chain layers: Naval Electronics, Sensors, Radar & Sonar (Naval Shipbuilding & Defence Shipyards); Avionics, Electronics, RF/Microwave & Mission Systems (Aerospace Component Manufacturing & MRO); Drones & counter-drone (Defence Procurement (DAC approvals)); and Avionics, comms & electro-optics (Defence Procurement (DAC approvals)).
Who are Paras Defence and Space Technologies' peers?
In the Avionics, Electronics, RF/Microwave & Mission Systems layer of Aerospace Component Manufacturing & MRO: Bharat Electronics, Data Patterns (India), Astra Microwave Products, Apollo Micro Systems, Zen Technologies, Cyient DLM and 7 more.
What is Paras Defence and Space Technologies' market cap and valuation?
As of 30 Oct 2026: market cap ₹10,072 Cr, P/E 98.6x, ROCE 17.2%, ROE 12.4%, dividend yield 0.08%.