Paras Defence & Space Technologies held its Board of Directors meeting on May 13, 2026, approving the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The board recommended a final dividend of Rs. 1/- per equity share of Rs. 5/- each for FY26. The financial results were audited by Chaturvedi & Shah LLP with an unmodified opinion. The meeting commenced at 12:00 noon and concluded at 2:25 p.m. Subsequently, in compliance with Regulation 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company published its audited standalone and consolidated financial results in Financial Express (English), Navshakti (Marathi), and Free Press Journal (English) on May 14, 2026. The submission was made by Minal Bhate, Company Secretary and Compliance Officer (Membership No.: A20188).

Standalone Financial Performance

On a standalone basis, the company reported revenue from operations of ₹41,654 Lakhs for FY26, up from ₹33,385 Lakhs in the previous year. Net profit for the year stood at ₹8,318 Lakhs compared to ₹6,506 Lakhs in FY25. Key standalone metrics are summarised below:

Not Annualised. EPS figures restated for share split (face value Rs. 10 to Rs. 5).

Consolidated Financial Performance

On a consolidated basis, the Group reported revenue of ₹47,657 Lakhs for FY26, an increase from ₹36,466 Lakhs in FY25. Consolidated net profit rose to ₹8,946 Lakhs from ₹6,149 Lakhs in the prior year. Q4 revenue stood at ₹17,131 Lakhs, while Q4 net profit was ₹3,888 Lakhs. The consolidated results include an exceptional item of ₹291 Lakhs representing the gain on deconsolidation of subsidiary Ayatti Innovative Private Limited, following the divestment of a 58.02% equity stake completed on March 30, 2026.

Not Annualised. EPS figures restated for share split (face value Rs. 10 to Rs. 5).

Segment Performance

The company operates across two reportable segments: Optics and Optronic Systems, and Defence Engineering. The consolidated segment-wise revenue and asset details for FY26 are presented below:

Total consolidated segment liabilities stood at ₹23,951 Lakhs as at March 31, 2026.

Balance Sheet Highlights

On a consolidated basis, total assets stood at ₹96,470 Lakhs as at March 31, 2026, compared to ₹85,196 Lakhs in the prior year. Total equity attributable to owners of the company was ₹72,544 Lakhs. On a standalone basis, total assets were ₹91,912 Lakhs versus ₹83,096 Lakhs in the previous year, with total equity of ₹72,360 Lakhs.

Cash Flow Summary

On a standalone basis, net cash generated from operating activities for FY26 was ₹3,079 Lakhs compared to ₹2,856 Lakhs in FY25. Net cash used in investing activities was ₹2,732 Lakhs, while net cash used in financing activities was ₹1,794 Lakhs. On a consolidated basis, net cash generated from operating activities was ₹2,461 Lakhs, with net cash used in investing activities of ₹1,724 Lakhs and net cash used in financing activities of ₹1,663 Lakhs.

Key Corporate Developments

The Board approved the re-appointment of M/s S M L and Co. LLP as Internal Auditor and M/s Dinesh Jain & Company as Cost Auditor for FY 2026-27. The meeting also noted the completion of the share split, subdividing one equity share of Rs. 10 each into two equity shares of Rs. 5 each. Effective from November 21, 2025, the Government of India consolidated 29 existing labour legislations into four Labour Codes; the company assessed a one-time incremental Gratuity impact of Rs. 168 Lakhs, included in Employee Benefit Expenses for the year. As on March 31, 2026, the company had granted 3,13,300 options under the Paras Defence ESOP 2024 plan in three tranches to eligible employees. The date of the Annual General Meeting and the record date for the dividend will be communicated in due course.

Paras Defence & Space Technologies Limited has filed its mandatory annual disclosure with BSE and NSE on April 03, 2026, confirming that no encumbrance was created on promoter shareholdings during the financial year ended March 31, 2026.

Regulatory Compliance Filing

The disclosure was submitted pursuant to Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Promoter Sharad Virji Shah filed the declaration on behalf of all promoters and promoter group members, confirming no encumbrance was made on shares held directly or indirectly, except for those already disclosed during FY26.

Managing Director Munjal Sharad Shah digitally signed the company's submission to both stock exchanges, with the filing timestamped at 11:35:28 +05'30' on April 03, 2026.

Promoter Structure Details

The company's promoter and promoter group structure comprises eight entities, as detailed in the regulatory filing:

Stock Exchange Communication

The filing was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. BSE received the disclosure for scrip code 543367, while NSE was informed under trading symbol PARAS. Both exchanges were requested to acknowledge receipt and take the information on record.

The disclosure represents standard regulatory compliance for listed companies, ensuring transparency regarding promoter shareholding arrangements and any potential encumbrances that could affect ownership structures.