02-05-2025
Paras Defence shares in focus after Q4 profit surges 97% YoY; board approves stock split
Paras Defence posted a stellar Q4FY25, with net profit soaring 97% YoY to Rs 19.7 crore and revenue up 36% to Rs 108.2 crore. EBITDA surged over 7x, and margins expanded sharply. The company also announced a stock split and inked a key drone tech deal with Israel's MicroCon Vision, further boosting its presence in defence and ISR technologies.
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Paras Defence Share Price Performance
Shares of Paras Defence and Space Technologies will be in focus on Friday after the company reported strong March quarter results and announced a stock profit surged 97% year-on-year (YoY) to Rs 19.7 crore in Q4FY25, compared to Rs 10 crore in the same period last year. Revenue rose 36% YoY to Rs 108.2 crore from Rs 79.7 Before Interest, Tax, Depreciation and Amortisation (EBITDA) came in at Rs 28.3 crore, up from Rs 3.4 crore a year ago. EBITDA margin expanded nearly 10 percentage points to 26.2%, from 15.6% in the year-ago the board approved a stock split, dividing each equity share with a face value of Rs 10 into two equity shares of Rs 5 each. The record date for the split will be announced in due this month, Paras Defence signed a memorandum of understanding (MoU) with Israel-based MicroCon Vision, part of the Controp and Rafael Group, to strengthen India's defence and drone technology ecosystem. Under the collaboration, Paras Defence becomes the exclusive supplier of advanced drone camera systems in India. The company aims to offer these systems at significantly lower costs while increasing indigenous content in drone cameras and ISR (Intelligence, Surveillance, and Reconnaissance) this year, the company also received a license to manufacture light machine Wednesday, Paras Defence shares closed at Rs 1,365 on the BSE, up 2.1%, while the benchmark Sensex fell 0.06%. The stock has gained 36% year-to-date and 88% over the past year. The company's market capitalization stands at Rs 5,501 crore.
