PARAS

Paras Defence And Space Technologies Share PriceParas Defence and Space Technologies

₹704.7
-2.7 (-0.38%)
As on 08 December, 2023 | 23:51 BSE: 543367 NSE: PARASISIN: INE045601015

Paras Defence And Space Technologies Performance

Day Range

  • Low 701.00
  • High 716.95
₹ 704.7

52 Week Range

  • Low 445.55
  • High 848.00
₹ 704.7
  • Open Price710.70
  • Previous Close707.40
  • Volume160548

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Paras Defence And Space Technologies Share Price

  • Over 1 Month -1.43%
  • Over 3 Month -13.67%
  • Over 6 Month 28.5%
  • Over 1 Year 13.66%

Paras Defence And Space Technologies Key Statistics

P/E Ratio 76.4
PEG Ratio 10.5
Market Cap Cr 2,748
Price to Book Ratio 7.4
EPS 9.2
Dividend 0
Relative Strength Index 46.67
Money Flow Index 60.83
MACD Signal -1.85
Average True Range 17.02

Paras Defence And Space Technologies Investment Rating

  • Master Rating:
  • Paras Defence And Space Technologies has an operating revenue of Rs. 235.61 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 21% is great, ROE of 9% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 56 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 52 indicates it belongs to a fair industry group of Aerospace/Defense and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Paras Defence and Space Technologies Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 60455860554160
Operating Expenses Qtr Cr 44344445403043
Operating Profit Qtr Cr 16111415151218
Depreciation Qtr Cr 3333333
Interest Qtr Cr 1024102
Tax Qtr Cr 3214434
Net Profit Qtr Cr 1069119810
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 223183
Operating Expenses Annual Cr 159129
Operating Profit Annual in Cr 5551
Depreciation Cr 1110
Interest Annual Cr 68
Tax Annual Cr 119
Net Profit Annual Cr 3627
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 4913
Cash from Investing Activity Annual Cr 10-77
Cash from Financing Annual Activity Cr -4562
Net Cash Flow Annual Cr 14-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 413378
Fixed Assets Annual Cr 162154
Total Non Current Assets Annual Cr 200161
Total Current Assets Annual Cr 303294
Total Assets Annual Cr 503454
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10697
ROE Annual % 108
ROCE Annual % 1211
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3030
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 61486561564161
Operating Expenses Qtr Cr 46374847423044
Operating Profit Qtr Cr 16111714141118
Depreciation Qtr Cr 3333333
Interest Qtr Cr 1124102
Tax Qtr Cr 3214434
Net Profit Qtr Cr 9611108710
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 231186
Operating Expenses Annual Cr 166131
Operating Profit Annual in Cr 5752
Depreciation Cr 1110
Interest Annual Cr 78
Tax Annual Cr 119
Net Profit Annual Cr 3627
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 4612
Cash from Investing Activity Annual Cr 10-77
Cash from Financing Annual Activity Cr -4163
Net Cash Flow Annual Cr 15-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 413378
Fixed Assets Annual Cr 168154
Total Non Current Assets Annual Cr 205160
Total Current Assets Annual Cr 316297
Total Assets Annual Cr 521458
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 10697
ROE Annual % 108
ROCE Annual % 1211
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2930

Paras Defence And Space Technologies Technicals

EMA & SMA

Current Price
₹704.7
-2.7 (-0.38%)
pointer
  • Bullish Moving Average
  • ___
  • 4
  • Bearish Moving Average
  • ___
  • 12
  • 20 Day
  • ₹707.82
  • 50 Day
  • ₹709.27
  • 100 Day
  • ₹693.01
  • 200 Day
  • ₹662.44
  • 20 Day
  • ₹710.87
  • 50 Day
  • ₹712.19
  • 100 Day
  • ₹710.18
  • 200 Day
  • ₹621.71

Paras Defence And Space Technologies Resistance and Support

PIVOT
₹707.55
Resistance
First Resistance 714.10
Second Resistance 723.50
Third Resistance 730.05
RSI 46.67
MFI 60.83
MACD Single Line -1.85
MACD -1.62
Support
First Resistance 698.15
Second Resistance 691.60
Third Resistance 682.20

Paras Defence And Space Technologies Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 198,119 9,071,869 45.79
Week 285,291 12,661,197 44.38
1 Month 235,896 9,357,991 39.67
6 Month 616,132 17,787,725 28.87

Paras Defence And Space Technologies Result Highlights

Paras Defence and Space Technologies Synopsis

NSE-Aerospace/Defense

Paras Defence is involved in the business activities of Manufacture of optical instruments and equipment. Company’s Total Operating Revenue is Rs. 214.28 Cr. and Equity Capital is Rs. 39.00 Cr. for the Year ended 31/03/2023. Paras Defence and Space Technologies Ltd. is a Public Limited Listed company incorporated on 16/06/2009 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L29253MH2009PLC193352 and registration number is 193352.
Market Cap 2,752
Sales 223
Shares in Float 1.60
No of funds 11
Yield
Book Value 7.41
U/D Vol ratio 1
LTDebt / Equity
Alpha -0.01
Beta 1.48

Paras Defence and Space Technologies

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 58.94%58.94%58.94%58.94%
Mutual Funds 2.72%2.21%2.09%1.89%
Foreign Portfolio Investors 0.56%0.11%0.53%0.77%
Individual Investors 30.04%29.6%28.98%28.5%
Others 7.74%9.14%9.46%9.9%

Paras Defence and Space Technologies Management

Name Designation
Mr. Sharad Virji Shah Chairman & Non-Exe.Director
Mr. Munjal Sharad Shah Managing Director
Ms. Shilpa Amit Mahajan Whole Time Director
Mr. Manmohan Handa Ind. Non-Executive Director
Dr. Hina Amol Gokhale Ind. Non-Executive Director
Mr. Suresh Katyal Ind. Non-Executive Director

Paras Defence And Space Technologies Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Paras Defence And Space Technologies Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-07 Quarterly Results
2023-05-16 Audited Results
2023-02-09 Quarterly Results
2022-11-12 Quarterly Results

Paras Defence and Space Technologies MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 41,019
Nippon India Power & Infra Fund - Growth 3,036
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 461
Groww Nifty Total Market Index Fund Regular Growth 32

Paras Defence and Space Technologies FAQs

What is Share Price of Paras Defence and Space Technologies ?

Paras Defence and Space Technologies share price is ₹704 As on 08 December, 2023 | 23:37

What is the Market Cap of Paras Defence and Space Technologies ?

The Market Cap of Paras Defence and Space Technologies is ₹2748.3 Cr As on 08 December, 2023 | 23:37

What is the P/E ratio of Paras Defence and Space Technologies ?

The P/E ratio of Paras Defence and Space Technologies is 76.4 As on 08 December, 2023 | 23:37

What is the PB ratio of Paras Defence and Space Technologies ?

The PB ratio of Paras Defence and Space Technologies is 7.4 As on 08 December, 2023 | 23:37

Q2FY23