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    Paras Defence shares in focus after Q4 profit surges 97% YoY; board approves stock split



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    Shares of Paras Defence and Space Technologies will be in focus on Friday after the company reported strong March quarter results and announced a stock split.

    Net profit surged 97% year-on-year (YoY) to Rs 19.7 crore in Q4FY25, compared to Rs 10 crore in the same period last year. Revenue rose 36% YoY to Rs 108.2 crore from Rs 79.7 crore.

    Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) came in at Rs 28.3 crore, up from Rs 3.4 crore a year ago. EBITDA margin expanded nearly 10 percentage points to 26.2%, from 15.6% in the year-ago quarter.

    Also Read: DIIs surpass FPIs in ownership of companies listed on NSE after 22 years

    Additionally, the board approved a stock split, dividing each equity share with a face value of Rs 10 into two equity shares of Rs 5 each. The record date for the split will be announced in due course.


    Earlier this month, Paras Defence signed a memorandum of understanding (MoU) with Israel-based MicroCon Vision, part of the Controp and Rafael Group, to strengthen India’s defence and drone technology ecosystem. Under the collaboration, Paras Defence becomes the exclusive supplier of advanced drone camera systems in India. The company aims to offer these systems at significantly lower costs while increasing indigenous content in drone cameras and ISR (Intelligence, Surveillance, and Reconnaissance) payloads.Earlier this year, the company also received a license to manufacture light machine guns.Also Read:Stocks in news: Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank

    Paras Defence Share Price Performance

    On Wednesday, Paras Defence shares closed at Rs 1,365 on the BSE, up 2.1%, while the benchmark Sensex fell 0.06%. The stock has gained 36% year-to-date and 88% over the past year. The company’s market capitalization stands at Rs 5,501 crore.

    (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

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