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INDICATIVE · SAMPLE DATA
PRAF58

Paras Defence and Space Technologies Ltd

Aerospace & DefenseVerified

Paras Defence and Space Technologies Ltd has a liquidity profile that cannot be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company reported a net income of 148.5 million INR for the latest period, with an operating income of 204.7 million INR, indicating a gross margin of 53.3% and an operating margin of 24.5%. These metrics suggest a relatively strong profitability position, though direct comparisons to industry medians are not available due to the lack of cohort data. The company's capital structure is supported by a low dilution risk, with no significant changes in shares outstanding between basic and diluted shares. The net income of 148.5 million INR and operating income of 204.7 million INR reflect a solid return on capital, though the absence of ROIC and other return metrics limits a full assessment of capital efficiency. Geographic and segment exposure is not disclosed in the available data, making it difficult to assess revenue concentration or regional performance. The company's business is likely concentrated in India, given the INR financials and the nature of its defense contracts, but no specific geographic breakdown is available. Looking ahead, the company's growth trajectory is not quantified in the available data, but analyst estimates suggest a consensus price target of 977.00 INR, with one "buy" recommendation and no "strong buy" or "hold" ratings. This indicates a cautious but positive outlook from analysts. Risk factors include the inability to assess liquidity risk and the absence of detailed balance-sheet data. The company's low dilution risk is supported by the lack of significant changes in shares outstanding and no recent issuance activity. However, the absence of going-concern language in source documents raises some uncertainty about the company's long-term financial health. Recent events include the publication of the latest financial data, which provides a snapshot of the company's performance but does not include detailed filings or transcripts. The lack of recent disclosures or significant events suggests a relatively stable but opaque business environment.

30-day price · PRAF+137.00 (+20.3%)
Low$657.90High$888.00Close$812.00As of22 May, 00:00 UTC
Profile
CompanyParas Defence and Space Technologies Ltd
TickerPRAF.NS
SectorIndustrials
BusinessIndustrial Goods
Industry groupIndustrial Goods
IndustryAerospace & Defense
AI analysis

Business. Paras Defence and Space Technologies Ltd designs, develops, and manufactures aerospace and defense systems, including satellite communication equipment and missile technologies, primarily serving government and defense clients.

Classification. The company is classified under the Aerospace & Defense industry within the Industrial Goods business sector, with a confidence level of 0.92.

Paras Defence and Space Technologies Ltd has a liquidity profile that cannot be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents. The company reported a net income of 148.5 million INR for the latest period, with an operating income of 204.7 million INR, indicating a gross margin of 53.3% and an operating margin of 24.5%. These metrics suggest a relatively strong profitability position, though direct comparisons to industry medians are not available due to the lack of cohort data. The company's capital structure is supported by a low dilution risk, with no significant changes in shares outstanding between basic and diluted shares. The net income of 148.5 million INR and operating income of 204.7 million INR reflect a solid return on capital, though the absence of ROIC and other return metrics limits a full assessment of capital efficiency. Geographic and segment exposure is not disclosed in the available data, making it difficult to assess revenue concentration or regional performance. The company's business is likely concentrated in India, given the INR financials and the nature of its defense contracts, but no specific geographic breakdown is available. Looking ahead, the company's growth trajectory is not quantified in the available data, but analyst estimates suggest a consensus price target of 977.00 INR, with one "buy" recommendation and no "strong buy" or "hold" ratings. This indicates a cautious but positive outlook from analysts. Risk factors include the inability to assess liquidity risk and the absence of detailed balance-sheet data. The company's low dilution risk is supported by the lack of significant changes in shares outstanding and no recent issuance activity. However, the absence of going-concern language in source documents raises some uncertainty about the company's long-term financial health. Recent events include the publication of the latest financial data, which provides a snapshot of the company's performance but does not include detailed filings or transcripts. The lack of recent disclosures or significant events suggests a relatively stable but opaque business environment.
Key takeaways
  • Paras Defence and Space Technologies Ltd has a strong gross margin of 53.3% and an operating margin of 24.5%, indicating solid profitability.
  • The company's liquidity risk cannot be assessed due to the absence of balance-sheet data and no going-concern language in source documents.
  • Analysts have provided a consensus price target of 977.00 INR, with one "buy" recommendation and no "strong buy" or "hold" ratings.
  • The company's capital structure is stable, with no significant dilution risk and no changes in shares outstanding.
  • Geographic and segment exposure is not disclosed, limiting the ability to assess revenue concentration or regional performance.
  • # RATIONALES
  • ```json
  • {
Financial snapshot
PeriodHA-latest
CurrencyINR
Revenue$835.7M
Gross profit$445.8M
Operating income$204.7M
Net income$148.5M
R&D
SG&A
D&A
SBC
Operating cash flow
CapEx
Free cash flow
Total assets
Total liabilities
Total equity
Cash & equivalents
Long-term debt
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY-4$1.83B$416.9M$270.4M$286.1M
FY-3$2.22B$465.6M$360.6M$210.3M
FY-2$2.53B$378.6M$320.6M$167.1M
FY-1$3.65B$831.1M$634.7M$411.3M
FY0$4.77B$1.04B$881.0M$646.0M
PeriodGross %Op %Net %FCF %
FY-4
FY-3
FY-2
FY-1
FY0
PeriodAssetsEquityCashDebt
FY-4$4.58B$3.78B
FY-3$5.21B$4.13B$171.1M
FY-2$6.40B$4.45B$29.8M
FY-1$8.52B$6.40B$344.7M
FY0$9.65B$7.25B$1.19B
PeriodOCFCapExFCFSBC
FY-4$115.1M-$86.0M$286.1M
FY-3$457.3M-$253.3M$210.3M
FY-2-$455.4M-$260.1M$167.1M
FY-1$448.3M-$352.3M$411.3M
FY0$246.0M-$377.8M$646.0M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ-7$835.7M$204.7M$148.5M
FQ-6$870.9M$190.6M$138.6M
FQ-5$857.7M$182.6M$150.4M
FQ-4$1.08B$244.8M$197.2M
FQ-3$931.9M$179.7M$148.7M
FQ-2$1.06B$255.0M$206.4M
FQ-1$1.06B$218.3M$182.1M
FQ0$1.71B$382.1M$343.8M
PeriodGross %Op %Net %FCF %
FQ-7
FQ-6
FQ-5
FQ-4
FQ-3
FQ-2
FQ-1
FQ0
PeriodAssetsEquityCashDebt
FQ-7
FQ-6$6.93B$4.73B$179.3M
FQ-5
FQ-4$8.52B$6.40B$1.11B
FQ-3
FQ-2$9.23B$6.72B$894.1M
FQ-1
FQ0$9.65B$7.25B$1.19B
PeriodOCFCapExFCFSBC
FQ-7
FQ-6-$66.4M-$68.3M
FQ-5
FQ-4$448.3M-$352.3M
FQ-3
FQ-2-$140.9M-$252.2M
FQ-1
FQ0$246.0M-$377.8M
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book
Net cash
Current ratio
Debt/Equity
ROA
ROE
Cash conversion
CapEx/Revenue
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskUnknown
  • Liquidity risk could not be assessed (no balance-sheet inputs and no going-concern language in source documents).
Industry benchmarks
Activity: Aerospace & Defense · cohort 184 companies
MetricPRAFActivity
Op margin24.5%6.6% medp25 -6.7% · p75 13.4%top quartile
Net margin17.8%4.7% medp25 -6.0% · p75 11.0%top quartile
Gross margin53.3%28.0% medp25 16.8% · p75 46.8%top quartile
R&D / revenue4.1% medp25 4.1% · p75 4.1%
CapEx / revenue-6.7% medp25 -17.5% · p75 -3.2%
Debt / equity16.5% medp25 3.2% · p75 44.9%
Observations
IR observations
Mean price target977.00 INR
Median price target977.00 INR
High price target977.00 INR
Low price target977.00 INR
Mean recommendation2.00 (1=strong buy, 5=strong sell)
Strong-buy count0.00
Buy count1.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate14.20 INR
Last actual EPS10.57 INR
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-23 01:25 UTC#8e4823a2
Source: analysis-pipeline (hybrid)Generated: 2026-05-29 01:14 UTCJob: f65be93d