Paras Defence And Space Technologies Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2025, recommended Final Dividend of Rs. 0.50 per equity share of Rs. 5 each for the FY 2024-25 (post the completion of sub- division/ split of equity shares).
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The board, at its April 30, 2025 meeting, approved a sub-division/split of equity shares from face value Rs. 10 to Rs. 5 (each share becoming 2), subject to shareholder approval via postal ballot. It also recommended a final dividend of Rs. 0.50 per equity share (post-split) for FY 2024-25. FY25 standalone revenue from operations grew 43.6% YoY to Rs. 33,385 lakhs, while profit after tax nearly doubled to Rs. 6,506 lakhs (vs Rs. 3,422 lakhs in FY24). The Optics & Optronic Systems segment drove growth, with revenue jumping from Rs. 6,939 lakhs to Rs. 17,737 lakhs. Auditors issued an unmodified opinion on the results; during the year the company raised Rs. 13,518 lakhs via QIP and divested its Paras Green UAV subsidiary.
The 1:2 stock split should make shares more affordable for retail investors and improve liquidity, while strong profit growth signals healthy business momentum. The small dividend reflects a conservative payout, with surplus cash deployed via QIP and subsidiary divestments.