Integrated Filing — IndAS

General information about company
Scrip Code	543367
NSE Symbol	PARAS
MSEI Symbol	NA
ISIN	INE045601015
Name of company	Paras Defence and Space Technologies Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	25-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	30-Apr-2025   13:00:00
End date and time of board meeting	30-Apr-2025   15:15:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2023-02-09
Indicate Company website link for updated RPT policy of the Company	https://parasdefence.com/uploads/policies/1732691363materiality-policy-for-related-party-transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company has not defaulted on loans and debt securities.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	901600000	3338500000
	Other income	51600000	118600000
	Total income	953200000	3457100000
2	Expenses
(a)	Cost of materials consumed	393400000	1250500000
(b)	Purchases of stock-in-trade	38300000	215900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-35900000	48300000
(d)	Employee benefit expense	94300000	333800000
(e)	Finance costs	18800000	55200000
(f)	Depreciation, depletion and amortisation expense	34300000	135400000
(f)	Other Expenses
1	Other Expenses	183800000	550000000
	Total other expenses	183800000	550000000
	Total expenses	727000000	2589100000
3	Total profit before exceptional items and tax	226200000	868000000
4	Exceptional items	0	0
5	Total profit before tax	226200000	868000000
6	Tax expense
7	Current tax	60500000	227000000
8	Deferred tax	-4500000	-9600000
9	Total tax expenses	56000000	217400000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	170200000	650600000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	170200000	650600000
17	Other comprehensive income net of taxes	-1200000	-3900000
18	Total Comprehensive Income for the period	169000000	646700000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	402900000	402900000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		5613400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.22	16.42
	Diluted earnings (loss) per share from continuing operations	4.22	16.42
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	4.22	16.42
	Diluted earnings (loss) per share from continuing and discontinued operations	4.22	16.42
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	1581100000
	Capital work-in-progress	65700000
	Investment property	161000000
	Goodwill	0
	Other intangible assets	34700000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	391900000
	Trade receivables, non-current	0
	Loans, non-current	34400000
	Other non-current financial assets	73900000
	Total non-current financial assets	500200000
	Deferred tax assets (net)	0
	Other non-current assets	156300000
	Total non-current assets	2499000000
2	Current assets
	Inventories	1454600000
	Current financial asset
	Current investments	0
	Trade receivables, current	2818300000
	Cash and cash equivalents	299100000
	Bank balance other than cash and cash equivalents	744700000
	Loans, current	181600000
	Other current financial assets	26200000
	Total current financial assets	4069900000
	Current tax assets (net)	0
	Other current assets	216200000
	Total current assets	5740700000
3	Non-current assets classified as held for sale	69900000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	8309600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	402900000
	Other equity	6031700000
	Total equity attributable to owners of parent	6434600000
	Non controlling interest
	Total equity	6434600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	4000000
	Total non-current financial liabilities	4000000
	Provisions, non-current	40700000
	Deferred tax liabilities (net)	189200000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	233900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	197900000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	321000000
	Total Trade payable	518900000
	Other current financial liabilities	67900000
	Total current financial liabilities	586800000
	Other current liabilities	914700000
	Provisions, current	2500000
	Current tax liabilities (Net)	137100000
	Deferred government grants, Current	0
	Total current liabilities	1641100000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1875000000
	Total equity and liabilites	8309600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Optics and Optronic Systems	550800000	1773700000
2	Defence Engineering	350800000	1564800000
	Total Segment Revenue	901600000	3338500000
	Less: Inter segment revenue
	Revenue from operations	901600000	3338500000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Optics and Optronic Systems	265000000	965800000
2	Defence Engineering	37600000	191400000
	Total Profit before tax	302600000	1157200000
	i. Finance cost	18800000	18800000
	ii. Other Unallocable Expenditure net off Unallocable income	57600000	57600000
	Profit before tax	226200000	868000000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Optics and Optronic Systems	3498000000	3498000000
2	Defence Engineering	2464000000	2464000000
	Total Segment Asset	5962000000	5962000000
	Un-allocable Assets	2347600000	2347600000
	Net Segment Asset	8309600000	8309600000
4	Segment Liabilities
	Segment Liabilities
1	Optics and Optronic Systems	285800000	285800000
2	Defence Engineering	1127300000	1127300000
	Total Segment Liabilities	1413100000	1413100000
	Un-allocable Liabilities	461900000	461900000
	Net Segment Liabilities	1875000000	1875000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement Losses on Defined Benefit Plans	-1600000	-5200000
	Total Amount of items that will not be reclassified to profit and loss	-1600000	-5200000
2	Income tax relating to items that will not be reclassified to profit or loss	-400000	-1300000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-1200000	-3900000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			868000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			55200000
	Adjustments for decrease (increase) in inventories			-46500000
	Adjustments for decrease (increase) in trade receivables, current			-1058200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			555400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			135400000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			36300000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			1800000
	Adjustments for dividend income			200000
	Adjustments for interest income			62200000
	Adjustments for share-based payments			2500000
	Adjustments for fair value losses (gains)			-19000000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-14900000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			14000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-400400000
	Net cash flows from (used in) operations			467600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			182000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			285600000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			6000000
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			72500000
	Other cash payments to acquire equity or debt instruments of other entities			100000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1400000
	Purchase of property, plant and equipment			296000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			365900000
	Cash receipts from repayment of advances and loans made to other parties			296300000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			200000
	Interest received			57300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-453200000
	Net cash flows from (used in) investing activities	-781400000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			1315000000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			6100000
	Repayments of borrowings			345000000
	Payments of lease liabilities			3600000
	Dividends paid			0
	Interest paid			41000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-151300000
	Net cash flows from (used in) financing activities			780200000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			284400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			284400000
	Cash and cash equivalents cash flow statement at beginning of period			14700000
	Cash and cash equivalents cash flow statement at end of period			299100000

Signatory Details
Name of signatory	Harsh Dhirendra Bhansali
Designation of person	Chief Financial Officer
Place	Navi Mumbai
Date	30-Apr-2025