Paras Defence Stock Split: Paras Defence and Space Technologies Limited is a major Indian company that makes high-tech products for defence and space. The company works in three main areas optics, electronics, and heavy engineering. It has two advanced factories, one in Ambernath (Thane) and the other in Nerul (Navi Mumbai), where it builds these special products.
Paras Defence works closely with important government bodies. Some of its key clients are ISRO’s Laboratory for Electro Optics Systems (LEOS), Bharat Electronics Limited (BEL), and Instruments Research and Development Establishment (IRDE), which is part of DRDO. Apart from these, it also serves private companies like FFS Industries and SEC Industries.
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The company also supplies to big names like Indian Ordnance Factories, Tata, Godrej, and L&T. On the international front, it works with respected companies like Rafael, Elbit Systems, and IAI.
Board to Discuss Stock Split and Dividend Announcement
On Wednesday, April 30, 2025, the Board of Directors of Paras Defence will hold a key meeting to discuss several important matters. One of the big topics is the approval of the financial results for the last quarter and full year that ended on March 31, 2025. The board will review both standalone and consolidated numbers.
The board will also look at a proposal to split the company’s shares. This means each existing share could be divided into smaller shares. If approved, this can help make the shares cheaper for investors and increase their availability in the market. This stock split will be considered as per Section 61 of the Companies Act, 2013.
Another important point in the meeting will be the announcement of a dividend. For the first time ever, Paras Defence may give a dividend to its shareholders for the financial year 2025. This would be a major achievement in the company’s financial history.
Paras Defence Orders
Ahead of this big meeting, Paras Defence’s stock price dropped by 3.61% in early trading on April 25, 2025. Still, the stock has gone up 8% overall in April. This shows that investors remain interested, especially with the news about a possible stock split and dividend.
According to ET, Paras Defence shares have gone up by 40% in the past year and 9% in the last six months. Just in the past week, the stock rose by 2.6%.
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Looking at the technical side, the stock is doing well and is trading above seven out of eight important average price levels. It is still below its 200-day average. The 14-day Relative Strength Index (RSI) is at 63.8, which means the stock is in a normal range and is not too cheap or too expensive right now.
The company is growing fast. In the third quarter of FY25, its revenue rose by 34.38%. It went up from Rs. 64 crore in Q3 FY24 to Rs. 86 crore in Q3 FY25. The profit also jumped sharply by 133.33% rising from Rs. 6 crore to Rs. 14 crore during the same time.
Paras Defence has a strong order book. As of September 30, 2024, it had received new orders worth around Rs. 881 crore over 18 months. It still has an order backlog of Rs. 850 crore, which is more than three times what the company expects to earn in FY24. This shows that the company has solid business lined up for the future and can expect steady income.
