Paras Defence and Space Technologies Ltd

Paras Defence and Space Technologies Ltd has informed shareholders about the upcoming tax deduction at source (TDS) on dividends, effective April 1, 2026, as per the Income Tax Act, 2025. The company's board recommended a dividend of ₹1 per equity share (20%) for FY ended March 31, 2026. This dividend, subject to shareholder approval at the AGM on September 11, 2026, will be paid electronically. TDS rates will vary based on shareholder residency and submitted documentation. Resident individuals with total dividend income not exceeding ₹10,000 or those providing Form 121 (if applicable) may be exempt. Specific documentation is required for certain resident non-individual categories like Insurance Companies and Mutual Funds to claim nil tax deduction.

Paras Defence and Space Technologies Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as per SEBI regulations. The report details the company's corporate identity, business activities, and operational footprint. Key business segments include Optics and Optronics Systems (48% of turnover) and Defence Engineering (52% of turnover). The company serves major government organizations like DRDO and ISRO, alongside private and international defense firms. Exports constitute 15.30% of total turnover. The report also provides employee data, including a total of 358 permanent employees and 259 permanent workers, with specific figures for male and female representation and a single differently-abled permanent employee. Female representation on the Board of Directors is 33.33% and 50% among Key Management Personnel.

Paras Defence and Space Technologies Ltd has submitted its Annual Report for the Financial Year 2025-26, along with the Notice for its 17th Annual General Meeting (AGM). The AGM is scheduled for September 11, 2026, to be held via Video Conferencing. The report, which includes financial statements, corporate governance details, and management discussion, is being sent electronically to shareholders. The cut-off date for electronic voting eligibility is September 4, 2026. The company highlights its role as a pioneer in indigenous high-power laser systems for defence and space, emphasizing precision, power, and protection.

Paras Defence and Space Technologies Ltd announced its 17th Annual General Meeting (AGM) will be held on September 11, 2026, at 12:30 p.m. IST via Video Conferencing. The company will present its Annual Report for FY 2025-26. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of a final dividend of ₹1 per equity share, and the re-appointment of a director retiring by rotation. Additionally, the AGM will seek ratification of remuneration for cost auditors for FY 2026-27 and approval for material related party transactions with an associate company.

Paras Defence and Space Technologies Ltd has announced that its 17th Annual General Meeting (AGM) will be held on Friday, September 11, 2026. The meeting will be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with relevant laws and circulars. The company has fixed Friday, September 04, 2026, as the cut-off date for determining voting eligibility. Remote e-voting will be open from Tuesday, September 08, 2026, to Thursday, September 10, 2026. Detailed information regarding attending the AGM and voting procedures will be provided in the AGM notice.

Paras Defence and Space Technologies Ltd has announced Friday, August 28, 2026, as the record date for determining shareholder eligibility for the final dividend for the Financial Year 2025-26. The recommended dividend is ₹1 per equity share of ₹5 each, subject to shareholder approval at the upcoming 17th Annual General Meeting (AGM). Shareholders registered by the close of business on the record date will receive the dividend within 30 days of the AGM, after deduction of applicable taxes.

Paras Defence and Space Technologies Ltd announced its Board of Directors has approved the divestment of its entire 47.50% equity stake in its associate company, Krasny Paras Defence Technologies Private Limited. The divestment includes 5,22,500 equity shares. Following the transaction, Krasny Paras will no longer be an associate of Paras Defence. The associate contributed Rs. 0.59 Crore to the consolidated turnover in FY 25-26, representing 0.12%, and had a net worth of Rs. 0.63 Crore as of March 31, 2026. The agreement for sale is yet to be entered into, with the transaction expected to be completed by December 31, 2026. The consideration is subject to due diligence and has not been finalized. The buyer is Krasny Defence Technologies Limited, and the transaction is not considered a related party transaction.

Paras Defence and Space Technologies Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the notice for the 17th Annual General Meeting (AGM) scheduled for September 11, 2026, and the Board of Directors' Report for FY26. Additionally, the company fixed August 28, 2026, as the record date for a proposed final dividend of ₹1 per equity share (20%), subject to shareholder approval at the AGM. The Board also approved material related party transactions and the divestment of its 47.50% stake in Associate Company, Krasny Paras Defence Technologies Private Limited.

Paras Defence and Space Technologies reported consolidated revenue of ₹127.91 Cr for Q1 FY27 (quarter ended June 30, 2026), up 37.3% year-on-year from ₹93.19 Cr, with consolidated PAT of ₹20.74 Cr, up 45.3% YoY from ₹14.27 Cr. Profitability grew faster than revenue, lifting the net margin to 15.97% from 14.93% and the operating margin (EBITDA/revenue) to roughly 24.95% from 23.48% a year ago. Sequentially the print looks weak — revenue down 25.3% and PAT down 46.7% against Q4 FY26's ₹171.31 Cr/₹38.88 Cr — but that comparison is largely a seasonality artifact rather than a deterioration: Q4 is the company's fiscal year-end quarter, when order deliveries and billing milestones in the Defence Engineering segment are typically front-loaded, and the Q4 FY26 base also carried a ₹2.91 Cr one-off exceptional gain from divestment of a 58.02% stake in subsidiary Ayatti Innovative that is absent this quarter. Neither the current nor the year-ago quarter carries any one-off items, so the reported YoY growth needs no further adjustment. By segment, Defence Engineering revenue rose to ₹59.01 Cr from ₹50.69 Cr a year ago (+16.4%), while Optics and Optronic Systems grew to ₹68.90 Cr from ₹42.50 Cr (+62.1%) and remained the more profitable line, contributing ₹26.42 Cr of segment result on ₹68.90 Cr revenue versus ₹12.20 Cr on ₹59.01 Cr for Defence Engineering — this mix shift toward Optics is the main driver of the YoY margin expansion. Standalone PAT was ₹21.41 Cr on revenue ₹118.08 Cr (EPS ₹2.66); consolidated PAT of ₹20.74 Cr splits into ₹21.22 Cr attributable to owners and a ₹0.48 Cr loss attributable to non-controlling interest, so consolidated basic EPS (₹2.63) sits close to standalone — the two bases tell the same growth story without material divergence. There is no prior management guidance or concall commentary on record to grade this print against, and no reliable street/consensus estimate could be confirmed for this quarter, so vsGuidance and vsStreet are both marked unknown rather than assumed; no management press-release commentary was available to cross-check against the numbers either. The quarter's corporate actions are more notable than usual: the board approved divestment of the company's entire 47.50% stake (5,22,500 shares) in associate Krasny Paras Defence Technologies, which will exit the associate list; two new subsidiaries, Paras Semiconductors and Paras Avionics, were incorporated during the quarter, with the former tying to the ₹6,200 Cr OSAT/semiconductor facility MoU signed with the Madhya Pradesh government on July 22, 2026; and the board fixed August 28, 2026 as the record date for the ₹1/share (20%) final FY26 dividend recommended back in May. Going into Q2 FY27, the underlying YoY growth and margin trajectory look intact, but the quarterly cadence is likely to stay lumpy given the order-execution-driven Defence Engineering business — this cycle's Q4-to-Q1 step-down is a base-effect/seasonality story, not evidence of slowing demand on its own.

Paras Defence and Space Technologies Ltd has announced that its Board of Directors will convene on August 7, 2026. The primary agenda item for this meeting is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, along with the limited review report from the statutory auditors. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.