CALCULATE YOUR SIP RETURNS

Paras Defence Share Price Gains After Q2 FY26 Earnings Results: PAT Surges 53% YoY

Written by: Team Angel OneUpdated on: 13 Nov 2025, 10:42 pm IST
Paras Defence reports Q2 FY26 consolidated PAT of ₹19.46 crore, up 53% YoY and 36% QoQ, with revenue rising 21% to ₹105.72 crore.
paras-defence-reports-q2-results.jpg
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Paras Defence and Space Technologies Limited announced its consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. 

The defence equipment manufacturer demonstrated strong profitability growth driven by robust order execution across optics and optronic systems and defence engineering segments, benefiting from India's expanding defence manufacturing ecosystem and Make in India initiatives.

Paras Defence Q2 FY26 Earnings Results

For the quarter ended September 30, 2025, Paras Defence achieved consolidated revenue from operations of ₹105.72 crore, registering growth of 21% YoY and 13% QoQ. Total income stood at ₹108 crore, up 22% YoY and 13% QoQ compared to the respective periods.

Profit before tax reached ₹26.58 crore, marking an expansion of 46% YoY and 37% QoQ. Profit after tax stood at ₹19.46 crore, demonstrating strong growth of 53.23% YoY and 36.37% QoQ. Basic and diluted earnings per share were ₹2.56 for the quarter compared to ₹1.78 in Q2 FY25, post equity share subdivision from ₹10 to ₹5 face value.

Paras Defence Half Year FY26 Results

For the half year ended September 30, 2025, consolidated revenue from operations reached ₹198.91 crore, up 17% from ₹170.66 crore in H1 FY25. Total income totalled ₹203.57 crore, reflecting 18% growth year on year.

Half year PBT stood at ₹46.03 crore, growing 22% from ₹37.66 crore previously. PAT attributable to owners came to ₹35.51 crore, up 24% from ₹28.71 crore in H1 FY25. Earnings per share for the half year were ₹4.41, up 20% YoY.

Read More: Paras Defence Share Price in Focus After Securing ₹35.68 Crore Order for Counter-Drone Systems!

Segment wise Performance Analysis

Optics and Optronic Systems segment recorded revenue of ₹38.44 crore in Q2 FY26 with segment result of ₹18.65 crore. 

The segment includes optical components and subsystems like space optics, gratings, mirrors, infrared lenses for night vision devices, opto mechanical assemblies, precision diamond turned components, submarine periscopes, hyperspectral cameras and EO/IR systems.

Defence Engineering segment delivered revenue of ₹67.28 crore with segment result of ₹16.86 crore. 

The segment comprises defence electronics including defence automation and control systems, rugged command and control consoles, avionic suites, heavy engineering with flow formed rockets and missile motor tubes, electromechanical assemblies, remote controlled border defence systems, turnkey projects and electromagnetic pulse protection solutions.

Equity Share Subdivision

During H1 FY26, the Board of Directors and shareholders approved subdivision or split of existing 1 equity share having face value of ₹10 each into 2 equity shares having face value of ₹5 each.

Accordingly, basic and diluted EPS for comparative periods have been restated considering the number of equity shares with face value of ₹5 each in accordance with Ind AS 33 on Earnings per Share.

Employee Stock Option Plan

During FY25, the company approved Paras Defence and Space Technologies Limited Employee Stock Option Plan 2024 for employees of the company, its subsidiary and associate companies, comprising equity shares not exceeding 7,95,000 in one or more tranches.

As of September 30, 2025, the company has granted 78,450 options in 3 different tranches. Employee benefits expense for Q2 and H1 FY26 includes share based payment of ₹0.33 crore and ₹0.66 crore respectively.

Dividend Declaration and Corporate Actions

Shareholders approved a dividend of ₹0.50 per equity share at Annual General Meeting held on August 21, 2025. The Board also approved reappointment of Mr Suresh Katyal as Non Executive Independent Director for second term of 5 years effective January 5, 2026 to January 4, 2031, subject to shareholders approval through postal ballot.

Paras Defence and Space Technologies Share Price Performance

On November 13, 2025, Paras Defence and Space Technologies share price opened at ₹705.00 on NSE, above the previous close of ₹703.55. During the day, it surged to ₹732.25 and dipped to ₹704.85. The stock is trading at ₹719.55 as of 2:06 PM. The stock registered a significant gain of 2.27%.

Over the past week, it has moved up by 6.35%, over the past month, it has moved up by 2.28%, and over the past 3 months, it has moved up by 7.32%.

Conclusion

Paras Defence demonstrated strong consolidated performance in Q2 and H1 FY26 with PAT surging 53% YoY and revenue growing 21% YoY, powered by robust execution across optics and optronic systems and defence engineering segments, expanding subsidiary operations including Singapore based OPEL Technologies and sustained momentum from India's growing defence manufacturing ecosystem and indigenisation initiatives.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Nov 13, 2025, 5:12 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers