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

Aerospace & Defence, Small Cap

Paras Defence and Space Technologies has received an order from Bharat Electronics valued at approximately Rs. 52.82 crore (Incl. of Taxes) for supply of Electro-Optics.

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.

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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.

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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.