PARAS

Paras Defence and Space Technologies Ltd (PARAS) has posted a strong Q1 FY27 performance

Paras Defence and Space Technologies Ltd (PARAS) has posted a strong Q1 FY27 performance with consolidated revenue of ₹127.91 crores (+37.3% YoY) and net profit of ₹21.22 crores (+42.7% YoY). The company also announced a ₹1-per-share dividend and unveiled a ₹6,200 crore semiconductor expansion plan in Madhya Pradesh. 📊 Q1 FY27 Financial Highlights (Quarter ended 30 June 2026) Metric Q1 FY27 YoY Change Notes Revenue ₹127.91 crores +37.3% Driven by optics & defence engineering segments Net Profit (PAT) ₹21.22 crores +42.7% Strong margin expansion EBITDA ₹31.91 crores +45.4% Margin improved to 24.9% from 23.6% Dividend ₹1 per share (20%) — Record date 28 Aug 2026; subject to AGM approval AGM Date 17th Annual General Meeting – late Aug 2026 — Dividend payment within 30 days post‑AGM 🧭 Segment‑wise Revenue (Standalone) Optics & Optronic Systems: ₹68.90 crores Defence Engineering: ₹49.18 crores Profit Before Tax (PBT): ₹28.51 crores These figures highlight Paras’s growing share in high‑precision optics and defence electronics, areas aligned with India’s indigenisation drive. 🏗️ Strategic Expansion: ₹6,200 Crore Semiconductor Facility Subsidiary: Paras Semiconductors Pvt Ltd Location: Madhya Pradesh – MoU signed with State Electronics Development Corporation Investment: ~₹6,200 crores Technology Focus: 3D heterogeneous integration 2.5D/3D advanced packaging Chiplet integration & hybrid bonding Flip‑chip assembly & testing This project positions Paras as a key player in India’s semiconductor ecosystem, complementing its defence optics expertise. 🚀 Market Reaction & Sector Context Stock Movement: Fell ~2.9% post‑results to ₹1,279 on 7 Aug 2026, after initial profit‑booking. Sector Boost: On 18 Aug 2026, Paras Defence rose ~8% as the Ministry of Defence announced the 6th Positive Indigenisation List (PIL) of 405 items worth ₹3,070 crores — a major tailwind for domestic defence manufacturers.