Paras Defence and Space Technologies Limited reported strong financial growth for the fiscal year ended March 31, 2026. The company achieved a standalone net profit of Rs. 8,318 Lakhs and recommended a final dividend of Rs. 1/- per equity share. The board also approved the re-appointment of its internal and cost auditors for the upcoming 2026-27 financial year, underscoring stable operational governance and a commitment to sustained shareholder value.
Fiscal Year 2026 Financial Highlights
Paras Defence and Space Technologies delivered a robust performance for the year ended March 31, 2026. The company’s standalone revenue from operations climbed to Rs. 41,654 Lakhs, compared to Rs. 33,385 Lakhs in the previous fiscal year. Net profit for the year stood at Rs. 8,318 Lakhs, showing healthy growth over the Rs. 6,506 Lakhs recorded in the previous year. Diluted earnings per share (EPS) for the year reached 10.32.
Shareholder Returns
Reflecting its confidence in financial performance, the Board of Directors has recommended a final dividend of Rs. 1/- per equity share (with a face value of Rs. 5/- each) for the financial year ended March 31, 2026. Details regarding the upcoming Annual General Meeting, the record date for the dividend, and the payment schedule will be communicated to shareholders in due course.
Strategic Operational Updates
During the board meeting held on May 13, 2026, the company took several administrative steps to ensure continued operational efficiency. The Board approved the re-appointment of M/s S M L and Co. LLP as Internal Auditor and M/s Dinesh Jain & Company as Cost Auditor for the 2026-27 financial year. Furthermore, the company noted the recent divestment of its 58.02% equity stake in its subsidiary, Ayatti Innovative Private Limited, which was completed on March 30, 2026.
Segment Performance
The company continues to diversify its operations across two primary reportable segments: Optics & Optronic Systems and Defence Engineering. Both divisions contributed significantly to the total revenue, with Defence Engineering reporting a substantial increase in revenue to Rs. 21,744 Lakhs for the year, up from Rs. 15,648 Lakhs in the previous year, highlighting the company’s strong footprint in the defence sector.
Source: BSE
