Multibagger Defence Stock Falls 3% Despite Reporting 39% PAT Growth in Q1 FY27; Announces Dividend Record Date

On Friday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index declining 65.35 points, or 0.27 per cent, to 24,570.65. Amid the weak market sentiment, Paras Defence & Space Technologies share price fell 3.01 per cent to Rs 1,277.10, despite the company reporting strong quarterly earnings for the quarter ended June 30, 2026.

Paras Defence Q1 FY27 Financial Performance

Paras Defence reported standalone revenue from operations of Rs 118.08 crore in Q1 FY27, up 35.1 per cent YoY from Rs 87.41 crore in the corresponding quarter last year. Total income increased to Rs 120.84 crore from Rs 90.13 crore during the same period.

The company reported a great improvement in profitability. Profit before Tax (PBT) rose 38.3 per cent YoY to Rs 28.51 crore from Rs 20.61 crore, while profit after tax (PAT) increased 38.8 per cent YoY to Rs 21.41 crore from Rs 15.43 crore. Earnings per share (EPS) improved to Rs 2.66 from Rs 1.91 in the year-ago quarter.

Paras Defence Business Highlights

During the quarter, the company invested in two newly incorporated subsidiaries, Paras Semiconductors Private Limited and Paras Avionics Private Limited, strengthening its presence in semiconductor and avionics businesses. The company also granted 3,13,300 employee stock options under its ESOP 2024 scheme during the quarter.
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Dividend Record Date

The board has fixed Friday, August 28, 2026, as the record date to determine shareholders' eligibility for the final dividend of Re 1 per equity share (20 per cent) for FY26, subject to shareholders' approval at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days of the AGM.

About Paras Defence 

Paras Defence and Space Technologies Ltd is a leading Indian defence engineering company engaged in the design, development and manufacturing of defence and space technologies. Its business spans optics and optronic systems, defence engineering, defence electronics, heavy engineering, anti-drone systems, avionics and semiconductor technologies, serving defence, homeland security and space applications.

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Disclaimer: The article is for informational purposes only and not investment advice.