Paras Defence and Space Technologies Limited — Quarter and year ended March 31, 2026
| PARTICULARS | Quarter Ended | Year Ended |
|---|---|---|
| 31-Mar-26 Audited (Refer Note 6) | 31-Dec-25 Unaudited | |
| 1. Income | ||
| a) Revenue from Operations | 12,558 | 10,083 |
| b) Other Income | 969 | 300 |
| Total Income | 13,527 | 10,383 |
| 2. Expenses | ||
| a) Cost of Materials Consumed | 5,403 | 6,031 |
| b) Purchase of Stock-in-Trade | 287 | 241 |
| c) Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade | 569 | (802) |
| d) Employee Benefits Expense (Refer Note No. 4) | 1,083 | 1,227 |
| e) Finance Costs | 118 | 28 |
| f) Depreciation and Amortisation Expense | 389 | 393 |
| g) Other Expenses | 2,189 | 685 |
| Total Expenses | 10,038 | 7,803 |
| 3. Profit Before Exceptional Items and Tax (1-2) | 3,489 | 2,580 |
| 4. Exceptional Items | – | – |
| 5. Profit Before Tax (3-4) | 3,489 | 2,580 |
| 6. Tax Expenses | ||
| – Current tax | 1,038 | 195 |
| – Deferred Tax | (145) | 474 |
| – Income Tax for Earlier Years | – | (42) |
| 7. Profit for the period / year (5-6) | 2,596 | 1,953 |
| 8. Other Comprehensive Income (OCI) | ||
| (a) Items that will not be reclassified to profit or loss | ||
| (i) Remeasurement (Gain)/ Losses on Defined Benefit Plans | 8 | (49) |
| (ii) Tax Effect on above | (2) | 12 |
| (b) Items that will be reclassified to profit or loss | – | – |
| Total Other Comprehensive Income (Net of Tax) | 6 | (37) |
| 9. Total Comprehensive Income for the period / year (7-8) | 2,590 | 1,990 |
| 10. Paid-up Equity Share Capital | ||
| (Face Value per share : Rs. 5/- each) | 4,029 | 4,029 |
| 11. Other Equity excluding Revaluation Reserve as per Balance Sheet | ||
| 12. Earnings Per Share (of Rs. 5/- each) | ||
| a) Basic (Not Annualised) * | 3.22* | 2.42* |
| b) Diluted (Not Annualised) * | 3.22* | 2.42* |
| PARTICULARS | Quarter Ended 31-Mar-26 (Audited, Refer Note 6) | 31-Dec-25 (Unaudited) | 31-Mar-25 (Audited, Refer Note 6) | Year Ended 31-Mar-26 (Audited) | 31-Mar-25 (Audited) |
|---|---|---|---|---|---|
| 1. Segment Revenue | |||||
| a. Optics and Optronic Systems | 5,976 | 5,840 | 5,508 | 19,910 | 17,737 |
| b. Defence Engineering | 6,582 | 4,243 | 3,508 | 21,744 | 15,648 |
| Revenue from Operations | 12,558 | 10,083 | 9,016 | 41,654 | 33,385 |
| 2. Segment Results | |||||
| a. Optics and Optronic Systems | 1,435 | 3,301 | 2,650 | 8,813 | 9,658 |
| b. Defence Engineering | 2,214 | 268 | 376 | 4,927 | 1,914 |
| Total | 3,649 | 3,569 | 3,026 | 13,740 | 11,572 |
| i) Finance Cost | (118) | (28) | (188) | (245) | (552) |
| ii) Other Unallocable Expenditure | (1,011) | (1,261) | (1,092) | (4,245) | (3,526) |
| iii) Unallocable Income | 969 | 300 | 516 | 1,814 | 1,186 |
| Profit Before Exceptional Items and Tax | 3,489 | 2,580 | 2,262 | 11,064 | 8,680 |
| Less: Exceptional Items | – | – | – | – | – |
| Profit Before Tax | 3,489 | 2,580 | 2,262 | 11,064 | 8,680 |
| 3. Segment Assets | |||||
| a. Optics and Optronic Systems | 33,911 | 33,602 | 34,980 | 33,911 | 34,980 |
| b. Defence Engineering | 31,172 | 26,871 | 24,640 | 31,172 | 24,640 |
| c. Unallocable | 26,829 | 28,288 | 23,476 | 26,829 | 23,476 |
| Total Segment Assets | 91,912 | 88,761 | 83,096 | 91,912 | 83,096 |
| 4. Segment Liabilities | |||||
| a. Optics and Optronic Systems | 2,548 | 3,350 | 2,858 | 2,548 | 2,858 |
| b. Defence Engineering | 12,641 | 11,514 | 11,273 | 12,641 | 11,273 |
| c. Unallocable | 4,363 | 4,155 | 4,619 | 4,363 | 4,619 |
| Total Segment Liabilities | 19,552 | 19,019 | 18,750 | 19,552 | 18,750 |
| PARTICULARS | As at March 31, 2026 Audited | As at March 31, 2025 Audited |
|---|---|---|
| A. ASSETS | ||
| 1. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 16,510 | 15,811 |
| (b) Capital Work in Progress | 848 | 657 |
| (c) Investment property | 1,517 | 1,610 |
| (d) Intangible Assets | 318 | 347 |
| (e) Financial Assets | ||
| (i) Investments | 6,598 | 3,919 |
| (ii) Loans | 218 | 344 |
| (iii) Other Financial Assets | 1,391 | 739 |
| (f) Other Non Current Assets | 1,814 | 1,563 |
| Total Non Current Assets | 29,214 | 24,990 |
| 2. Current Assets | ||
| (a) Inventories | 14,986 | 14,546 |
| (b) Financial Assets | ||
| (i) Trade Receivables | 32,712 | 28,183 |
| (ii) Cash and Cash Equivalents | 1,559 | 2,991 |
| (iii) Bank Balances other than (ii) above | 8,572 | 7,447 |
| (iv) Loans | 892 | 1,816 |
| (v) Other Financial Assets | 1,050 | 262 |
| (c) Other Current Assets | 2,927 | 2,162 |
| Total Current Assets | 62,698 | 57,407 |
| Assets held for Sale | – | 699 |
| TOTAL ASSETS | 91,912 | 83,096 |
| B. EQUITY AND LIABILITIES | ||
| 1. EQUITY | ||
| (a) Equity Share Capital | 4,029 | 4,029 |
| (b) Other Equity | 68,331 | 60,317 |
| Total Equity | 72,360 | 64,346 |
| 2. LIABILITIES | ||
| Non Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liabilities | – | 40 |
| (b) Provisions | 626 | 407 |
| (c) Deferred Tax Liabilities (Net) | 1,849 | 1,892 |
| Total Non Current Liabilities | 2,475 | 2,339 |
| 3. Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liabilities | 45 | 53 |
| (ii) Trade Payables | ||
| Total Outstanding due of Micro Enterprises and Small Enterprises | 580 | 1,979 |
| Total outstanding due of Creditors other than Micro Enterprises and Small Enterprises | 4,095 | 3,210 |
| (iii) Other Financial Liabilities | 658 | 626 |
| (b) Other Current Liabilities | 10,584 | 9,147 |
| (c) Provisions | 25 | 25 |
| (d) Current Tax Liabilities (Net) | 1,090 | 1,371 |
| Total Current Liabilities | 17,077 | 16,411 |
| TOTAL EQUITY AND LIABILITIES | 91,912 | 83,096 |
| PARTICULARS | For the Year ended March 31, 2026 | For the Year ended March 31, 2025 |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit before Tax as per the Statement of Profit and Loss | 11,064 | 8,680 |
| ADJUSTED FOR | ||
| Depreciation and Amortisation Expense | 1,528 | 1,354 |
| Interest Income | (944) | (622) |
| Dividend Income | – | (2) |
| Finance Costs | 245 | 552 |
| (Profit) / Loss on Discard / sale of Property, Plant and Equipment (Net) | (1) | 14 |
| Bad Debts / Advances written off (Net) | – | 126 |
| Liabilities Written Back (Net) | (172) | – |
| Provision for Expected Credit Loss | 518 | 363 |
| Provision for Doubtful Advances | 19 | – |
| Profit on sale of Investment | – | (149) |
| Gain on Financial Instruments measured at fair value through profit or loss | (498) | (190) |
| Employee Share Based Payment Expenses | 141 | 25 |
| Unrealised Loss on Foreign Currency Transactions (net) | 61 | 18 |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | 11,961 | 10,169 |
| ADJUSTED FOR | ||
| Trade and Other Receivables | (6,678) | (10,582) |
| Inventories | (440) | (465) |
| Trade and Other Payables | 1,572 | 5,554 |
| CASH GENERATED FROM OPERATIONS | 6,415 | 4,676 |
| Direct Taxes including Interest (Paid) | (3,336) | (1,820) |
| NET CASH GENERATED FROM OPERATING ACTIVITIES | 3,079 | 2,856 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Property, Plant and Equipment, Intangible assets, Capital Work-in-Progress | (2,854) | (2,960) |
| Sale of Property, Plant and Equipment | 292 | 14 |
| Investment in Subsidiary Companies | (1) | – |
| Investment in Associate Company | (1) | – |
| Sale of Investment in Subsidiary Company | 649 | 10 |
| Amount received against Sale of Investment in Subsidiary Company | – | 50 |
| Sale of Non – Current Investment | – | 725 |
| Purchase of Compulsory Convertible Preference Shares | – | (1,000) |
| Inter Corporate Deposits Given to Subsidiary Companies | (3,426) | (2,062) |
| Inter Corporate Deposits repaid by Subsidiary Companies | 1,395 | 2,151 |
| Inter Corporate Deposits given to Associate Company | – | (12) |
| Inter Corporate Deposits repaid by Associated Company | – | 12 |
| Inter Corporate Deposits Given to Others | (1,700) | (1,585) |
| Inter- Corporate Deposits Repaid by Others | 2,665 | 800 |
| Interest Income | 815 | 573 |
| Dividend Income | – | 2 |
| Temporary deposits/Balances of QIP utilised / (Proceeds) | (566) | (4,532) |
| NET CASH USED IN INVESTING ACTIVITIES | (2,732) | (7,814) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceed from Issue of Equity Shares (QIP) (Net of expenses) | – | 13,150 |
| Proceed from Non Current Borrowings | – | 61 |
| Repayment of Non Current Borrowings | – | (94) |
| Repayment of Lease Li |