Handelsavisen
prelaunch
Companies Industrials PRAF.NS
PR
PRAF.NS NSE (India) Aerospace & Defense

Paras Defence and Space Technologies Ltd

$812,00
Open in Charts → Attach watcher ⌖
USD
Set alert
LatestParas Defence to invest $644 million in Indian chip packaging plant
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
0,06 %
Op margin
24,5 %
ROE
Net margin
17,8 %
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

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.

Business. Paras Defence and Space Technologies Ltd (PRAF.NS) is an Indian aerospace and defense manufacturer engaged in the design, development, and production of defense and space systems. The company is headquartered in India and primarily listed on the National Stock Exchange of India. It operates within the Industrial Goods sector, focusing on product sales for aerospace and defense applications. Specific details regarding operating segments or geographic revenue breakdowns are not provided.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryAerospace & Defense
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target977,00

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
977,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

2
  • MARKETSParas Defence to invest $644 million in Indian chip packaging plant2026-07-22
  • MARKETSIndian defence stocks rally on reports of ₹52,000 crore procurement boost2026-07-06
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to PRAF.NS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    There are no material changes, watcher signals, or cross-source sentiment shifts to report for Paras Defence and Space Technologies Ltd (PRAF.NS) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying recent developments. Consequently, no specific events, financial updates, or strategic shifts can be synthesized. The available data does not support assertions regarding changes in officer count, analyst coverage, index membership, or top holder composition, as all these metrics are currently recorded as zero or null. While there was a single dispatch recorded on July 6, 2026, the associated sentiment is null, and no further activity was logged in the surrounding period. Without accompanying context or sentiment data, this isolated data point does not constitute a significant signal for investors. In summary, the current dataset lacks the necessary information to provide a meaningful cross-section synthesis. Investors should await further data inputs or official disclosures to assess any potential changes in the company's outlook or market position.

    Signals & dispatch

    peak dispatch · 2026-07-06

    Composite-score breakdown

    Synthesis

    Business

    Paras Defence and Space Technologies Ltd (PRAF.NS) is an Indian aerospace and defense manufacturer engaged in the design, development, and production of defense and space systems. The company is headquartered in India and primarily listed on the National Stock Exchange of India. It operates within the Industrial Goods sector, focusing on product sales for aerospace and defense applications. Specific details regarding operating segments or geographic revenue breakdowns are not provided.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryAerospace & Defense
    AI synthesis
    GENERATED

    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.

    There are no material changes, watcher signals, or cross-source sentiment shifts to report for Paras Defence and Space Technologies Ltd (PRAF.NS) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying recent developments. Consequently, no specific events, financial updates, or strategic shifts can be synthesized. The available data does not support assertions regarding changes in officer count, analyst coverage, index membership, or top holder composition, as all these metrics are currently recorded as zero or null. While there was a single dispatch recorded on July 6, 2026, the associated sentiment is null, and no further activity was logged in the surrounding period. Without accompanying context or sentiment data, this isolated data point does not constitute a significant signal for investors. In summary, the current dataset lacks the necessary information to provide a meaningful cross-section synthesis. Investors should await further data inputs or official disclosures to assess any potential changes in the company's outlook or market position.

    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.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-05-13
    Q1 2026 · Quarter highlights

    Revenue INR 1.71B, +58,3% YoY; Operating income +56,1% YoY.

    RevenueINR 1.71B+58,3 % YoY
    Operating incomeINR 382.1M+56,1 % YoY
    Net incomeINR 343.8M+74,3 % YoY
    Free cash flow
    EPS
    Operating cash flowINR 246.0M−45,1 % YoY
    Financials
    Income statement
    RevenueINR 1.71B
    Gross profitINR 810.7M
    Operating incomeINR 382.1M
    Net incomeINR 343.8M
    Margins
    Gross margin47.3%
    Operating margin22.3%
    Net margin20.1%
    FCF margin
    Balance sheet
    Total assetsINR 9.65B
    Total liabilitiesINR 2.39B
    Total equityINR 7.25B
    Cash & equivalentsINR 1.19B
    Long-term debtINR 270.6M
    Cash flow
    Operating cash flowINR 246.0M
    CapEx-INR 377.8M
    Free cash flow
    SBC
    P&L flow · revenue → net income
    Revenue INR 1.71BOperating costs INR 1.33BTax INR 38.3MNet income INR 343.8M
    Highlights
    • Revenue INR 1.71B, +58,3% YoY
    • Operating income +56,1% YoY
    • Net income +74,3% YoY
    • Net margin 20.1%

    Valuation TTM

    Market price
    $812,00
    Market cap
    Enterprise value
    P/E
    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
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    14,20
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-23 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate14,20
    Revenueno estimateno estimate6,2B INR
    Operating incomeno estimateno estimate1,5B INR
    Full-year consensus mean (period as reported by source) · consensus in INR. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price target$977,00 · Median $977,00
    Low $977,00High $977,00
    Operating income · consensus1,5B INR
    EPS surprise
    −25,6 %
    reported vs consensus · miss
    Revenue surprise
    −23,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$977,00
    Mean$977,00
    Median$977,00
    High$977,00
    Spot$812,00
    +20.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    Op Margin24,5 %Best in class
    Net Margin17,8 %Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Paras Defence and Space Technologies Ltd Market data — financials · 2026-05-29
    • Paras Defence and Space Technologies Ltd Market data — analyst estimates · 2026-05-29
    • Paras Defence and Space Technologies Ltd Market data — ESG · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    PRAF.NSCanonical
    NSE (India) · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · 2026-07-06
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-05-13 14:35 UTCEARNINGSQuarterly results — Q1 2026 Revenue INR 1.71B · Net INR 343.8M
    2026-05-13 14:35 UTCEARNINGSAnnual results — FY 2026 Revenue INR 4.77B · Net INR 881.0M
    2026-01-23 14:06 UTCEARNINGSQuarterly results — Q4 2025 Revenue INR 1.06B · Net INR 182.1M
    2025-11-13 13:46 UTCEARNINGSQuarterly results — Q3 2025 Revenue INR 1.06B · Net INR 206.4M
    2025-07-25 14:16 UTCEARNINGSQuarterly results — Q2 2025 Revenue INR 931.9M · Net INR 148.7M
    2025-04-30 15:38 UTCEARNINGSQuarterly results — Q1 2025 Revenue INR 1.08B · Net INR 197.2M
    2025-04-30 15:38 UTCEARNINGSAnnual results — FY 2025 Revenue INR 3.65B · Net INR 634.7M
    2025-02-08 16:08 UTCEARNINGSQuarterly results — Q4 2024 Revenue INR 857.7M · Net INR 150.4M
    2024-10-28 14:16 UTCEARNINGSQuarterly results — Q3 2024 Revenue INR 870.9M · Net INR 138.6M
    2024-08-05 14:48 UTCEARNINGSQuarterly results — Q2 2024 Revenue INR 835.7M · Net INR 148.5M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage