Announced Wed, 13 May · 14:49 IST

Paras Defence And Space Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Rs. 1 per equity share.

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PARAS · price

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Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹807.80
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₹808.70
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AI summary

Paras Defence and Space Technologies Limited's Board meeting on May 13, 2026 recommended a Final Dividend of Rs. 1 per equity share of Rs. 5 face value for FY2025-26. The company reported strong standalone results with revenue from operations rising 25% to Rs. 41,654 Lakhs and profit after tax growing 28% to Rs. 8,318 Lakhs compared to the previous year. Consolidated revenue increased 31% to Rs. 47,657 Lakhs with profit after tax of Rs. 8,946 Lakhs. The company also completed divestment of 58.02% stake in subsidiary Ayatti Innovative Private Limited for Rs. 699 Lakhs during the year. Additionally, the company underwent a stock split where one equity share of Rs. 10 face value was split into two equity shares of Rs. 5 face value. Both EPS figures improved significantly on the back of stronger profitability.

Likely market impact

The dividend and strong financial performance indicate a healthy company, though the Rs. 1 per share dividend represents a modest payout. The stock split makes shares more affordable and may improve liquidity.