Paras Defence and Space Technologies Ltd Share Price

Paras Defence Informs Shareholders on Dividen

has informed its shareholders about the applicable Tax Deduction at Source (TDS) provisions on dividend payouts effective from April 1, 2026, in accordance with the Income Tax Act. Mumbai: Paras Defence and Space Technologies Limited has issued a communication to its shareholders detailing the Tax Deduction at Source (TDS) provisions applicable on dividend payouts, effective from April 1, 2026, as mandated under the Income Tax Act, 1961. The company has highlighted the revised TDS rates that will apply to both resident and non-resident shareholders. For resident individual shareholders, TDS will be deducted at the prescribed rates if the dividend amount exceeds the specified threshold, while non-resident shareholders will be subject to TDS as per the applicable Double Taxation Avoidance Agreement (DTAA) or domestic rates, whichever is more beneficial, subject to submission of necessary documents such as Form 15G/15H, tax residency certificates, and other declarations. Shareholders have been advised to update their PAN, bank account details, and residential status with the company or its Registrar and Transfer Agent to ensure accurate TDS deduction and timely credit of dividends. The circular aims to facilitate compliance and avoid any inconvenience during future dividend distributions. **Top stocks in the defence & aerospace industry:** Bharat Electronics (BEL), Hindustan Aeronautics (HAL), and Bharat Dynamics.

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PARAS DEFENCE From optics to space, from radar to defence — Paras is building India’s strategic fence.

When the nation needs to see, When the nation needs to defend, When technology decides the end — Paras wants to be there at every bend. For over 40 years, Paras Defence has built capabilities across defence and space engineering, with products ranging from infrared optics and optical domes to rugged defence electronics, command-and-control systems, space mirrors and electromagnetic protection solutions. But the bigger story isn't just defence. It is precision. It is technology. It is indigenisation. From night-vision optics to missile systems, from naval platforms to space missions, from electronic warfare to surveillance — Paras operates in areas where reliability isn't optional. And India's defence equation is changing: Import less. Design more. Build here. Export further. That's where Paras fits. Its two core business verticals — Optics & Optronic Systems and Defence Engineering — cover a wide range of high-value applications. In the first nine months of FY26, both segments recorded year-on-year revenue growth, with Optics & Optronic Systems generating ₹139.3 crore and Defence Engineering ₹151.6 crore. The company is also expanding beyond its traditional base through technologies involving drones, anti-drone systems, RF & microwave, EO/IR systems and quantum communication. And the order pipeline is getting strategic attention: in April 2026, Paras disclosed a ₹7.72 crore DRDO order for development of Ku/C-Band satellite communication phased-array antennas for airborne applications. Defence is the mission. Technology is the ammunition. And indigenisation is the ambition. Paras may not build every weapon India uses — but it aims to build the eyes, electronics and precision systems that help those weapons work. From battlefield to orbit, from optics to electronics — Paras Defence is trying to make “Make in India” mission-critical.

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PARAS DEFENCE, ZEN TECH, OTHER DEFENCE SHARES RISE UP TO 8% AS MOD NOTIFIES SIXTH POSITIVE INDIGENISATION LIST OF 405 ITEMS

DEFENCE STOCKS RISE UP TO 8%: Defence shares including Paras Defence and Zen Technologies gained up to 8 percent after the Ministry of Defence notified the sixth Positive Indigenisation List covering 405 defence items with an estimated business potential of Rs 3,070 crore. The list includes components, sub-systems, spares and raw materials for aircraft, helicopters, armoured platforms, warships, missiles and defence electronics. The items will be progressively indigenised and, once developed domestically, procured from Indian manufacturers. The initiative is expected to create fresh opportunities for domestic defence companies and MSMEs while reducing India’s dependence on defence imports. The Ministry said more than 15,700 defence items have already been indigenised, resulting in estimated import substitution of around Rs 9,000 crore over the past five years. The latest list is expected to further support the government’s push for indigenous defence production.

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SWOT Analysis – Paras Defence and Space Technologies Limited

Strengths Strong defence and space expertise: Paras has more than four decades of experience in defence and space engineering, with capabilities spanning optics, optronics, defence electronics, EMP protection and heavy engineering. Indigenously Designed, Developed and Manufactured (IDDM) capabilities: The company develops and manufactures critical products in India, supporting the country's defence self-reliance objectives. More than 90% of its parts were locally designed and produced in FY2024-25. Weaknesses Dependence on defence and government-related projects, making order timing and revenue recognition sensitive to government procurement cycles. Relatively specialized business: Its focus on defence and space limits diversification compared with broader engineering companies. High R&D and technology requirements: Maintaining its technological advantage requires continuous investment. Opportunities India's growing defence expenditure and modernization: Increasing investment in indigenous defence capabilities provides a favourable environment for Paras. Atmanirbhar Bharat and Make in India: Greater localization of defence equipment can increase opportunities for domestic technology companies. Growth in space technology: India's expanding satellite and space programs create opportunities in optics, imaging and other space technologies. Threats Strong competition: Larger Indian defence companies and global defence manufacturers have greater financial and technological resources. Long government procurement cycles: Delays in tenders, approvals or defence contracts can affect revenue growth. Geopolitical uncertainty: Changes in international relations, trade restrictions or defence procurement policies may affect technology partnerships and exports.

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Defence stocks surge as MoD issues sixth Positive Indigenisation List

Shares of several defence companies rose sharply on August 18 after the Ministry of Defence notified the sixth Positive Indigenisation List (PIL) containing 405 strategically important items. The list carries an estimated business potential of about Rs 3,070 crore and forms part of the government’s push for greater self-reliance under the Aatmanirbhar Bharat initiative.

e led the gains with an 8% jump, while Zen Technologies advanced 6.6%. Other stocks such as Axiscades, Garden Reach Shipbuilders & Engineers ( GRSE ) and Data Patterns also posted solid gains of 3–4%. The Nifty India Defence index was trading higher by around 1.3%.

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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.

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