A defence stock is going to turn ex-split for the first time on July 4. This aerospace and defence company has shown impressive performance, gaining by nearly 112% from its 1-year low. The stock which is currently at Rs 1,697.30, will be split into two. Who is it?
Its neither largest defence company, Hindustan Aeronautics (HAL) or Bharat Electronics (BEL), but a smallcap defence stock Paras Defence & Space Technologies Ltd.
Paras Defence and Space Technologies Share Price:
Ahead of the ex-split, Paras Defence stock stood at Rs 1697.30 apiece, marginally up on BSE, with a market cap of Rs 6,839.04 crore. The stock has zoomed by 111.6% from its 52-week low of Rs 802. While its 52-week high is of Rs 1,943.60 apiece.
Due to the stock split ratio, Paras Defence stock will be adjusted on July 4th, broadly becoming cheaper for both new and existing customers.
Paras Defence & Space Technologies Stock Split:
According to the regulatory filing, Paras Defence has fixed Friday, July 04, 2025 as the "Record Date" for the purpose of determining the eligibility of shareholders for sub-division/ split of existing 1 (one) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 2 (two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up, as approved by the shareholders through Postal Ballot on June 07, 2025.
Hence, the stock split ratio is 1:10.
Paras Defence is a leading Indian private sector company, nearly doubling year-on-year net profit on 35.8% higher revenue with expanded EBITDA margins of 26.2%. This reflects robust full-year FY25 growth, supported by a strong order book of over Rs 9 billion and marked by its first stock split and dividend announcements.
Paras Defence & Space Technologies Fundamentals:
Data from Axis Securities revealed that Paras Defence has beaten the Nifty 50 by 4.19% in 1 year. However, the stock has underperformed Nifty during 6 months out of the past 12 months. Also, FII shareholding in Paras Defence has increased by 5492.54% over the past 1 Year. While MF shareholding in Paras Defence also rose by 78.33% over the past 3 Months. Furthermore, in 3 out of the last 5 years, Paras Defence's PAT Growth has been low. 5 out of the last 5 years, the company's ROE has been high. But 5 out of the last 5 years, its Debt-Equity ratio has been low.
As of July 4, Paras Defence's price-to-equity ratio is at 105.10x, and return on equity is at 13.6%, according to BSE data.
Paras Defence & Space Technologies Update:
Paras Anti Drone Technologies, a subsidiary of Paras Defence and Space Technologies Ltd, has announced that France-based CERBAIR, a leading European counter-UAV company, is intending to acquire up to 30 CHIMERA 200 systems (an advanced Man portable radio frequency detection and neutralization device) designed as primary defence against drone and swarm drone threats, as per regulatory filing.
Notably, the deal worth approximately Rs 22 crore (€2.2 million) by Paras, strengthens India's position as an emerging and reliable exporter of sophisticated defence technologies. It also aligns with the country's Make in India and Defence Production & Export Promotion Policy goals of achieving $5 billion in annual defence exports by 2025.
Looking ahead, the CHIMERA 200 is set to play a pivotal role in India's defence export ambitions, showcasing the country's ability to deliver cutting-edge, mission-ready technologies to international partners while supporting the vision of making India a global hub for advanced defence manufacturing and innovation. Furthermore, this collaboration reinforces India's potential to become a future global defence manufacturing hub, demonstrating the country's capacity to deliver sophisticated, scalable, and export-ready solutions to international partners, it said.
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