The Board of Directors has recommended the payment of Final Dividend of Rs. 1/- per equity share of Rs. 5/- each for the Financial Year ended March 31, 2026.
PARAS · price
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On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 3.9 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Paras Defence and Space Technologies board has recommended a final dividend of Rs. 1 per equity share (face value Rs. 5 each) for FY26, subject to shareholder approval at the upcoming AGM. The company reported strong FY26 results with standalone revenue growing 25% to Rs. 41,654 lakhs and profit rising 28% to Rs. 8,318 lakhs. Consolidated revenue grew 31% to Rs. 47,657 lakhs with profit up 45% to Rs. 8,946 lakhs. During FY26, the company completed a stock split from Rs. 10 to Rs. 5 face value and divested its 58% stake in subsidiary Ayatti Innovative for Rs. 699 lakhs.
The dividend of Rs. 1 per share represents a modest payout and may provide limited direct income. The strong earnings growth is positive for long-term shareholders, while the stock split (already executed) improves affordability. Record date for dividend will be announced later.