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Paras Defence and Space Technologies Limited

PARAS | NSE

1,050.05

INR

-6.05

-0.57%

PARAS | NSE

About Paras Defence and Space Technologies Limited

Sector

Industrials

Industry

Aerospace & Defense

Earnings date

31/03/2024

As of date

18/10/2024

Close

1,050.05

Open

1,056.95

High

1,061.95

Low

1,025.00

Paras Defence and Space Technologies Limited designs develops manufactures and tests defense and space engineering products and solutions in India and internationally. The company provides rugged networking and communication rugged display and computing and rugged command and control systems; mechanical products including flow formed tubes; and avionic suites as well as automated test equipment. It also offers diffractive gratings Zerodur and metal mirrors optical domes gyro blocks multifold and IR lenses reflectors and coatings deployable space antennas CFRP structures lens barrels and ultra-precision manufacturing products; and rugged wired cabinets shielded doors honey comb air vents/filters turnkey indigo simulator systems submarine winches titanium assemblies and acoustic and magnetic sensing products as well as naval electronic time fuze naval chart other software modules and transducer positioning systems and platforms. In addition the company provides high performance embedded computing systems substitution sub-systems tank imaging components and sub-assemblies turret stabilizations tri-pods and quadri-pods and red dot reflex sight products; and heavy duty antenna mechanical structures rugged cots systems data/video/image processing systems and active array cooling assemblies as well as software development and system integration services. Further it offers Electro-Magnetic Pulse (EMP) shielded rooms and control centers anechoic shielded chambers shielded doors racks and cabinets shielded air vents and windows filters and EMP hardened products as well as turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. Paras Defence and Space Technologies Limited was incorporated in 2009 and is headquartered in Navi Mumbai India.

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PARAS | NSE

Risk
42.8
Sharpe
0.75
Luna's Score
54/100
Recommendation
Hold

Luna says (PARAS | NSE)

What's Working

Low Market Beta (-0.4 to 0.8)

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Strong Revenue Growth (> 10%)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

45.8%

1 month

42.8%

3 months

41.3%

6 months

64.2%

Returns

Fundamental Ratios

PE

100.12

Fwd. PE

-

Price to book

9.79

Debt to equity

0.15

Debt to assets

0.10

Ent. to EBITDA

76.95

Ent. to rev.

17.42

PEG

-

Other Fundamentals

EBITDA

643.81M

MarketCap

42.63B

MarketCap(USD)

513.67M

Div. yield

-

Op. margin

24.49

Erngs. growth

147.40

Rev. growth

73.00

Ret. on equity

7.01

Short ratio

-

Short perc.

-

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

147.95

Range1M

172.95

Range3M

442.95

Volumes: Market Activity

Rel. volume

0.81

Price X volume

68.67M

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA76.9544.23Expensive
Ent. to Revenue17.4213.83Expensive
PE Ratio100.1269.85Expensive
Price to Book9.7912.39Cheaper
Dividend Yield-0.51-
Std. Deviation (3M)41.3140.06Par
Debt to Equity0.150.09Expensive
Debt to Assets0.100.05Expensive
Market Cap42.63B833.29BEmerging
  • 1

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