Paras Defence Share Price Slips 1.56% After Rallying 50% in 2025; Stock Still Up 85.95% From 52-Week Low

Paras Defence and Space Technologies Ltd saw its share price slip 1.56% on Monday, cooling off after an impressive rally seen in the last few months. Despite today's decline, this defence stock is one of the strongest performers in the mid-cap defence category, trading 85.95% above its 52-week low and still delivering solid multi-year returns. The stock's slight dip is a natural cooling-off phase after its sharp bull run in recent trades.

Paras Defence Share Price Today

As of the latest trade, Paras Defence shares were quoted at Rs. 751.30, down 1.91% intraday but still up 7.84% in the last five days, 49.39% year-to-date, and a massive 205% over the past five years.

Paras Defence Q2 FY26 Results

The stock's sharp climb last week was due to the company's stellar Q2 FY26 earnings, released on 14 November. Paras Defence reported a 48.9% jump in consolidated net profit, rising to Rs. 20.64 crore, supported by a 21.4% growth in revenue from operations to Rs. 105.72 crore compared to Q2 FY25. Profit before tax also surged 46.4% YoY to Rs. 26.58 crore, showcasing strong operational momentum. Total expenses grew 15.34%, because of the cost of materials, which stood at Rs. 36.47 crore, up 22.34% YoY. Employee expenses were recorded at Rs. 11.07 crore, up 20.72% YoY.

A major factor behind this healthy earnings report is that India's defence market is entering one of its most significant multi-year expansion phases. Several factors are behind this growth, benefiting companies like Paras Defence. According to government data, 1.8 lakh crore has been allotted for FY 2025-26 defence spending. Over 50% of the budget is already deployed. Private Indian defence firms are expected to grow 16-18% in FY26. India is currently targeting Rs. 3 lakh crore in domestic defence production and $4-5 billion in exports by 2025. The report also notes that the defence sector CAGR is projected at 14%+ through 2030.

Paras Defence Stock Split & Dividend Update

The company has rewarded shareholders this year with both a dividend payout and its first-ever stock split. Paras Defence declared a final dividend of Rs 0.50 per share in August 2025. Earlier in July, the company executed a stock split in the ratio of 1:2, reducing the face value from Rs 10 to Rs 5 per share.

About Paras Defence & Space Technologies Limited

Paras Defence & Space Technologies Limited is an Indian private sector company, based in Mumbai, specialising in the design, development, manufacture, and testing of a wide range of products for the defence and space sectors.

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