Paras Defence and Space Technologies Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

The newly incorporated entity, registered in India on 27 February 2026, will focus on setting up an advanced heterogeneous packaging and 3D packaging OSAT facility. The unit will cater to high-growth segments such as artificial intelligence, high-performance computing, networking and data center applications.

Paras Defence has subscribed to 70,000 equity shares of Rs 10 each, aggregating to Rs 7 lakh, through cash consideration. The company will hold a 70% stake in the subsidiary, making it a majority-owned arm.

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 jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025.

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Himanshi Thermal is engaged in the business of manufacturing fabricated metal products (excluding machinery and equipment). It also specializes in the manufacturing of liquid cold plates for space and airborne applications and provides vacuum heat treatment services.

The company has acquired 4,900 shares of Himashi Thermal with a face value of Rs 10 each, aggregating to Rs 49,000. Following the acquisition, Himanshi Thermal has become an associate of the company.

The said acquisition is expected to open new growth avenues and business opportunities for both organizations at group level, fostering a mutually advantageous partnership.

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 jumped 21.1% to Rs 18.21 crore in Q3 FY26 compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in the quarter ended 31st December 2025.

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The Board of Directors of Paras Defence and Space Technologies at its meeting, held on 17 February 2026 considered and approved the acquisition of 49% in equity share capital of ?Himanshi Thermal Solutions? (Himanshi Thermal) from DefSpace Technologies (DefSpace).

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Net profit of Paras Defence and Space Technologies rose 21.08% to Rs 18.21 crore in the quarter ended December 2025 as against Rs 15.04 crore during the previous quarter ended December 2024. Sales rose 23.99% to Rs 106.35 crore in the quarter ended December 2025 as against Rs 85.77 crore during the previous quarter ended December 2024.

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