PARAS
Paras Defence And Space Technologies Ltd
Each stock's 10,000-path forecast, rendered as light.
Paras Defence And Space Technologies Ltd (PARAS) Stock Analysis & Case Study
Is PARAS a good buy? The data-driven verdict.
Paras Defence And Space Technologies Ltd (PARAS) trades at ₹1,277,on the numbers it tread carefully, a Downstox Snapshot Score of 30/100.
On the numbers, Paras Defence And Space Technologies Ltd (PARAS) tread carefully, a Downstox Snapshot Score of 30/100, weighing expensive at 111.0× earnings, ROE of 12.6%, a 42% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
PARAS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How PARAS ranks against the 2,373 companies in our screener
- PARAS's market cap of 10,292 Cr ranks in the 76th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- PARAS's book value of ₹90 ranks in the 49th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- PARAS's promoter holding of 53.2% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- PARAS's 3-year profit (PAT) growth of 34.0% ranks in the 73rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- PARAS's 3-year revenue growth of 29.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- PARAS's debt-to-equity ratio of 0.04x is lower than 88% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is PARAS overvalued? PARAS P/E vs peers
PARAS trades at 111.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
PARAS share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 4.8y of PARAS history (20%/yr drift, 71%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| PARAS 2027 | ₹444 | ₹1,111 | ₹2,779 | -13% |
| PARAS 2028 | ₹269 | ₹966 | ₹3,465 | -24% |
| PARAS 2029 | ₹172 | ₹840 | ₹4,101 | -34% |
| PARAS 2030 | ₹117 | ₹730 | ₹4,552 | -43% |
| PARAS 2031 | ₹83 | ₹635 | ₹4,867 | -50% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability PARAS goes up, or doubles?
The bull case for PARAS
- PARAS's return on equity of 12.6% ranks in the 62nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,101.
The bear case & risks
- PARAS's P/E of 111.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A steep 14.2× price-to-book means most of the value is intangible/expectations, not assets on the books.
- The probability model is cautious 12 months out, only a 42% chance of finishing above today's price.
- High historical volatility (71%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹172.
PARAS volatility & expected range, how bumpy is the ride?
Over the last 4.8 years PARAS compounded at 20%/year with annualized volatility of 71%. That volatility implies a 1-year 80% range of ₹444-₹2,779, the honest backbone behind any single price target.
PARAS price forecast, the full 60-month probability fan
PARAS price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds PARAS hits common targets within the simulated horizon?
Full multi-horizon detail on the PARAS price target & forecast page.
PARAS Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. PARAS scores 6/8, mixed financial health.
PARAS MTF margin & leverage across 7 brokers
Margin Trading Facility lets you buy PARAS with part of the capital. Lower margin % = higher leverage. Rates compared across 7 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Zerodha | 40.04% | 2.5× |
| Groww | 40.24% | 2.5× |
| Kotak NeoCHEAPEST | 40.00% | 2.5× |
| Paytm Money | 100.00% | 1.0× |
| Pocketful | 40.74% | 2.5× |
| Anand Rathi | 100.00% | 1.0× |
| Share India | 40.22% | 2.5× |
Compare every broker on the PARAS MTF page.
About Paras Defence And Space Technologies Ltd: sector, index & market-cap context
Paras Defence And Space Technologies Ltd (PARAS) is a small-cap NSE-listed company, with a market capitalisation of ₹10,292 Cr. See more stocks on our screener.
How the PARAS Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Paras Defence And Space Technologies Ltd's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
PARAS analysis, FAQs
Is Paras Defence And Space Technologies Ltd (PARAS) a good buy?
On the numbers, Paras Defence And Space Technologies Ltd (PARAS) tread carefully, a Downstox Snapshot Score of 30/100, weighing expensive at 111.0× earnings, ROE of 12.6%, a 42% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is PARAS overvalued or undervalued?
PARAS trades at 111.0× earnings, expensive versus the ~22× long-run Nifty average.
What is the PARAS share price target for 2031?
PARAS's probability-weighted 2031 median target is ₹635, with an 80% range of ₹83-₹4,867 (10,000-path Monte-Carlo).
What is the probability PARAS doubles in 5 years?
The modelled probability of PARAS reaching ₹2,554 (2×) within 5 years is 19%.
What is the bull case for PARAS?
PARAS's return on equity of 12.6% ranks in the 62nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in PARAS?
PARAS's P/E of 111.0x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 14.2× price-to-book means most of the value is intangible/expectations, not assets on the books. The probability model is cautious 12 months out, only a 42% chance of finishing above today's price.