Paras Defence Q4 FY26 Results: Net Profit Surges 74%, Revenue Jumps 58% — All You Need to Know
By Kaushik Brahmakshatriya
Published On 09 June 2026.
Paras Defence and Space Technologies Limited delivered one of its strongest quarterly performances in company history when it announced its Q4 FY26 financial results on May 13, 2026. The consolidated net profit surged 74.34% year-on-year to ₹34.38 crore, while revenue from operations grew 58.28% YoY to ₹171.31 crore (Markets Mojo) — marking a decisive milestone in the company’s growth story within India’s defence manufacturing ecosystem.
Company Overview
Paras Defence and Space Technologies is a Mumbai-based company operating across two core verticals: Optics and Optronic Systems, and Defence Engineering — which encompasses defence electronics, EMP protection solutions, and heavy engineering. The company is involved in technologies for rockets and missiles, space research, naval systems, land and armoured vehicles, and electronic warfare and surveillance.
Paras Defence Q4 FY26 — Key Financial Highlights (Consolidated)
| Metric | Q4 FY26 | Q4 FY25 | YoY Change |
| Revenue from Operations | ₹171.31 Cr | ₹108.23 Cr | +58.28% |
| Total Income | ₹180.36 Cr | ₹112.28 Cr | +60.6% |
| Net Profit | ₹34.38 Cr | ₹18.00 Cr | +74.34% |
| EBITDA | ₹42.6 Cr | ₹28.3 Cr | ~+50.5% |
| EBITDA Margin | 24.9% | 26.14% | Slight compression |
Segment Performance: Defence Engineering Leads the Charge
The Defence Engineering division emerged as the strongest growth contributor, with revenue surging to ₹65.82 crore compared to ₹35.08 crore in Q4 FY25. Meanwhile, the Optics and Optronic Systems segment maintained stable growth, contributing ₹59.76 crore against ₹55.08 crore in the year-ago period. (Angel One)
This dual-engine growth model — combining explosive defence engineering momentum with steady optics revenue — demonstrates the company’s strategic advantage in India’s indigenous defence production push.
Paras Defence Full Year FY26 vs FY25 (Consolidated)
| Metric | FY26 | FY25 | Growth |
| Revenue from Operations | ₹476.57 Cr | ₹364.66 Cr | +31% |
| Total Income | ₹492.55 Cr | ₹372.58 Cr | +32.2% |
| Net Profit | ₹89.46 Cr | ₹63.90 Cr | +40% |
| Total Expenses | ₹377.72 Cr | — | — |
For the full year FY26, Paras Defence reported a 40% YoY rise in net profit to ₹88 crore, while revenue from operations rose 31% to ₹478 crore (Upstox) — signalling consistent execution across all four quarters.
Dividend Declared for FY26
Alongside the quarterly results, the company’s board recommended a final dividend of ₹1 per equity share of face value ₹5 each for the financial year ended March 31, 2026. (Business Today) This is double the ₹0.50 dividend declared in the previous financial year (Angel One) — a direct signal of the board’s confidence in the company’s financial health and cash generation capacity.
Shareholding Pattern — March 2026
| Category | Shareholding % |
| Promoters | 53.20% |
| Foreign Institutional Investors (FII) | 5.06% |
| Domestic Institutional Investors (DII) | ~15% (est.) |
| Public & Others | ~26.74% |
Promoter pledging stands at zero, indicating confidence in the business with no financial stress at the promoter level. (Markets Mojo)
Recent Order Wins Strengthen Outlook
On April 30, the company received an order worth approximately ₹7.72 crore from DRDO for the development of Ku/C-band satellite communication phased array antennas for airborne applications. More recently, Paras Defence secured a fresh order from Bharat Electronics Limited (BEL) worth approximately ₹52.82 crore for the supply of electro-optics. (Upstox) These order wins reinforce a strong order book heading into FY27.
Q&A Section: Paras Defence Q4 FY26 Results
Q1. What was Paras Defence’s net profit in Q4 FY26?
Paras Defence reported a consolidated net profit of ₹34.38 crore in Q4 FY26, representing a 74.34% jump compared to ₹18 crore in Q4 FY25.
Q2. How much did revenue grow in Q4 FY26?
Revenue from operations grew 58.28% year-on-year to ₹171.31 crore in Q4 FY26 from ₹108.23 crore in the same quarter last year.
Q3. Has Paras Defence declared any dividend for FY26?
Yes. The board recommended a final dividend of ₹1 per equity share (face value ₹5), which is double the ₹0.50 dividend paid in FY25.
Q4. Which segment drove Q4 FY26 growth?
The Defence Engineering segment was the primary growth driver, nearly doubling its revenue to ₹65.82 crore from ₹35.08 crore in Q4 FY25. The Optics segment also grew steadily.
Q5. What is Paras Defence’s full-year FY26 net profit?
On a consolidated basis, the company posted a full-year FY26 net profit of approximately ₹89.46 crore — up 40% from ₹63.90 crore in FY25.
Q6. What are the latest order wins for Paras Defence?
The company secured two notable orders recently: a ₹7.72 crore DRDO order for airborne phased array antennas and a ₹52.82 crore BEL order for electro-optics supply, to be completed by September 2027.
Financial Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice. Please consult a SEBI-registered financial advisor before making any investment decisions. Stock market investments are subject to market risks.we are not responsible for any loss.
