Paras Defence and Space Technologies Limited

NSE PARAS.NS

Paras Defence and Space Technologies Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.15

Paras Defence and Space Technologies Limited Debt to Equity Ratio is 0.15 for the year ending March 31, 2024, a 318.05% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Paras Defence and Space Technologies Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.04, a -56.92% change year over year.
  • Paras Defence and Space Technologies Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.08, a -83.63% change year over year.
  • Paras Defence and Space Technologies Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.50, a -16.27% change year over year.
  • Paras Defence and Space Technologies Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.60, a 7.62% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
NSE: PARAS.NS

Paras Defence and Space Technologies Limited

CEO Mr. Munjal Sharad Shah
IPO Date Oct. 1, 2021
Location India
Headquarters D-112, TTC Industrial Area
Employees 418
Sector Industrials
Industries
Description

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; rugged wired cabinets, shielded doors, honey comb 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; 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. In addition, the company provides Electro-Magnetic Pulse (EMP) shielded rooms and control centers, anechoic shielded chambers, shielded doors, racks and cabinets, shielded air vents and windows, filters, EMP hardened products, and anechoic shielded chambers, 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. The company was incorporated in 2009 and is headquartered in Navi Mumbai, India.

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StockViz Staff

February 1, 2025

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