Paras Defence & Space Technologies (ISIN: INE045601023) has seen its shares climb for seven consecutive days, with a 3% rise on Monday following the release of its Q2 results. The company's stock performance has been bolstered by robust financial growth and new defence orders, showcasing its strong position in the Indian defence sector.

Q2 Financial Highlights

Paras Defence reported significant year-on-year growth in its quarterly results:

The company's performance shows substantial improvement across key financial metrics, indicating strong operational efficiency and market demand for its products and services.

New Defence Orders

Adding to the positive sentiment, Paras Defence has secured new orders from the Ministry of Defence:

1. Counter-drone systems order worth ₹35.68 crore
2. RF jammers order worth ₹3.95 crore (through its subsidiary)

These orders not only boost the company's order book but also underscore its technological capabilities in critical defence areas.

Financial Performance Analysis

Examining the company's financial data reveals consistent growth:

• Revenue Growth: The company's revenue has shown steady growth, increasing from ₹88.80 crore in Q2 FY2025 to ₹108.00 crore in Q2 FY2026, representing a 21.62% year-on-year increase.

• Profitability: Net profit has surged from ₹12.70 crore to ₹19.50 crore, marking a substantial 53.54% increase year-on-year.

• Operating Efficiency: The Operating Profit Margin (OPM) has improved from 26.11% to 28.08%, indicating enhanced operational efficiency.

• Earnings Per Share (EPS): EPS decreased from ₹3.55 to ₹2.56.

Market Response

The market has responded positively to Paras Defence's performance, with the stock price rising by 14% over the past seven trading sessions. This uptrend reflects investor confidence in the company's growth trajectory and its positioning in the defence sector.

Outlook

With a robust order book, improving financials, and a focus on high-tech defence solutions, Paras Defence appears well-positioned to capitalize on India's push for defence modernization and self-reliance. The company's ability to secure new orders in strategic areas like counter-drone systems and RF jammers indicates its alignment with the evolving needs of the defence sector.

Investors and market watchers will likely keep a close eye on Paras Defence's execution of these new orders and its ability to maintain the growth momentum in the coming quarters.

Paras Defence & Space Technologies , a key player in the defence and space technology sector, has reported strong financial performance and completed a significant corporate governance milestone with overwhelming shareholder support.

Financial Performance Highlights

The company's consolidated financial results for Q2 showcase robust growth across key metrics:

Shareholder Approval for Director Reappointment

The company has successfully concluded its postal ballot process for the reappointment of Mr. Suresh Katyal as Non-Executive Independent Director. The voting results demonstrate strong shareholder confidence:

The postal ballot process was conducted through remote e-voting from November 20 to December 19, 2025, with Mr. Dinesh Kumar Deora serving as the scrutinizer.

Corporate Governance Enhancement

Mr. Suresh Katyal's reappointment as Non-Executive Independent Director for a second five-year term, effective January 5, 2026, reinforces the company's commitment to strong corporate governance. The overwhelming shareholder support reflects confidence in the leadership team's strategic direction.

Business Operations

Paras Defence continues to demonstrate strong operational performance across its key business segments:

• Optics and Optronic Systems
• Defence Engineering

The company's ability to achieve 38% revenue growth and 31% increase in net profit underscores its robust market position in the evolving defence and space technology landscape.