Paras Defence and Space Technologies share price traded at ₹1,317.15, down ₹48.10 or 3.52% at 9:50 AM on the BSE from the previous close of ₹1,365.25. The stock opened marginally higher at ₹1,365.30 and hit an intraday high of ₹1,387.30 before dipping to a low of ₹1,300.60.
In a strategic move aimed at increasing liquidity and retail investor participation, Paras Defence’s board approved a stock split in a 1:2 ratio. This means each equity share of face value ₹10 will be split into two shares of ₹5 each, subject to shareholder approval via electronic voting.
The company stated the record date for the stock split would be announced later, after completing the necessary approvals.
Additionally, the board recommended a final dividend of ₹0.50 per equity share (post-split) for the financial year ending March 31, 2025. This marks the company’s first-ever stock split and dividend declaration.
Paras Defence delivered a stellar set of Q4 results, with net profit surging by 97% year-on-year to ₹19.7 crore, compared to ₹10 crore in the same period last year.
Revenue rose by 35.8% YoY to reach ₹108.2 crore, reflecting strong demand for its defence and aerospace solutions. Operational efficiency also improved significantly, with EBITDA jumping to ₹28.3 crore from ₹3.4 crore a year ago.
EBITDA margins expanded nearly 10 percentage points, from 15.6% to 26.2%, showcasing the company’s focus on profitability and cost control.
Read More: Adani Enterprises Shares in Focus: Revenue and PAT Surged in Q4FY25.
Paras Defence shares reacted positively to the announcement. On April 30, the stock opened at ₹1,384, touched an intraday high of ₹1,469, and closed 2.11% higher at ₹1,365.25 on the BSE. The company’s market capitalisation now stands at approximately ₹5,501.09 crore.
The stock has shown impressive momentum:
With its first-ever stock split and dividend declaration, coupled with strong earnings growth, Paras Defence continues to position itself as a key player in India’s defense and aerospace sector. Investors will be closely watching further developments, including the record dates for dividend and stock split approval.
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Published on: May 2, 2025, 9:57 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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