Integrated Filing — IndAS

General information about company
Scrip Code	543367
NSE Symbol	PARAS
MSEI Symbol	NOTLISTED
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	Consolidated
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	Not applicable

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	Consolidated	Consolidated
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	1082300000	3646600000
	Other income	40500000	79200000
	Total income	1122800000	3725800000
2	Expenses
(a)	Cost of materials consumed	366200000	1271100000
(b)	Purchases of stock-in-trade	129800000	340900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	4900000	90300000
(d)	Employee benefit expense	94900000	375200000
(e)	Finance costs	19000000	66200000
(f)	Depreciation, depletion and amortisation expense	38000000	149300000
(f)	Other Expenses
1	Other Expenses	203600000	597000000
	Total other expenses	203600000	597000000
	Total expenses	856400000	2890000000
3	Total profit before exceptional items and tax	266400000	835800000
4	Exceptional items	0	0
5	Total profit before tax	266400000	835800000
6	Tax expense
7	Current tax	63000000	230500000
8	Deferred tax	-4200000	-9300000
9	Total tax expenses	58800000	221200000
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	207600000	614600000
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	700000	300000
16	Total profit (loss) for period	208300000	614900000
17	Other comprehensive income net of taxes	-800000	-2800000
18	Total Comprehensive Income for the period	207500000	612100000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	197200000	634700000
	Total profit or loss, attributable to non-controlling interests	11100000	11100000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	800000	2800000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	196400000	631900000
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		5578100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.89	16.02
	Diluted earnings (loss) per share from continuing operations	4.89	16.02
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	4.89	16.02
	Diluted earnings (loss) per share from continuing and discontinued operations	4.89	16.02
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1794900000
	Capital work-in-progress	78200000
	Investment property	6200000
	Goodwill	64500000
	Other intangible assets	36300000
	Intangible assets under development	28400000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	282300000
	Trade receivables, non-current	8800000
	Loans, non-current	200000
	Other non-current financial assets	78500000
	Total non-current financial assets	369800000
	Deferred tax assets (net)	0
	Other non-current assets	156800000
	Total non-current assets	2535100000
2	Current assets
	Inventories	1508500000
	Current financial asset
	Current investments	0
	Trade receivables, current	2947800000
	Cash and cash equivalents	344700000
	Bank balance other than cash and cash equivalents	763600000
	Loans, current	118800000
	Other current financial assets	22800000
	Total current financial assets	4197700000
	Current tax assets (net)	0
	Other current assets	278300000
	Total current assets	5984500000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	8519600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	402900000
	Other equity	5996500000
	Total equity attributable to owners of parent	6399400000
	Non controlling interest	-33200000
	Total equity	6366200000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	8800000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	4000000
	Total non-current financial liabilities	12800000
	Provisions, non-current	41300000
	Deferred tax liabilities (net)	189200000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	243300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	222100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	204400000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	341500000
	Total Trade payable	545900000
	Other current financial liabilities	78400000
	Total current financial liabilities	846400000
	Other current liabilities	922100000
	Provisions, current	2500000
	Current tax liabilities (Net)	139100000
	Deferred government grants, Current	0
	Total current liabilities	1910100000
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	2153400000
	Total equity and liabilites	8519600000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Optics and Optronic Systems	550800000	1773700000
2	Defence Engineering	531500000	1872900000
	Total Segment Revenue	1082300000	3646600000
	Less: Inter segment revenue
	Revenue from operations	1082300000	3646600000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Optics and Optronic Systems	265000000	965800000
2	Defence Engineering	86800000	200800000
	Total Profit before tax	351800000	1166600000
	i. Finance cost	19000000	19000000
	ii. Other Unallocable Expenditure net off Unallocable income	65700000	65700000
	Profit before tax	267100000	836100000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Optics and Optronic Systems	3498000000	3498000000
2	Defence Engineering	3020700000	3020700000
	Total Segment Asset	6518700000	6518700000
	Un-allocable Assets	2000900000	2000900000
	Net Segment Asset	8519600000	8519600000
4	Segment Liabilities
	Segment Liabilities
1	Optics and Optronic Systems	285800000	285800000
2	Defence Engineering	1178500000	1178500000
	Total Segment Liabilities	1464300000	1464300000
	Un-allocable Liabilities	689100000	689100000
	Net Segment Liabilities	2153400000	2153400000
	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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement losses on defined benefit plans	-1400000	-5000000
	Total Amount of items that will not be reclassified to profit and loss	-1400000	-5000000
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
1	Foreign Currency Translation Reserve	200000	900000
	Total Amount of items that will be reclassified to profit and loss	200000	900000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-800000	-2800000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			835800000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			66200000
	Adjustments for decrease (increase) in inventories			-7300000
	Adjustments for decrease (increase) in trade receivables, current			-968200000
	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			558400000
	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			149300000
	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			1900000
	Adjustments for dividend income			200000
	Adjustments for interest income			33100000
	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			24100000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-204000000
	Net cash flows from (used in) operations			631800000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			183600000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			448200000
	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			100000000
	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			200000
	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			352300000
	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			159700000
	Cash receipts from repayment of advances and loans made to other parties			81200000
	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			34200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-453200000
	Net cash flows from (used in) investing activities	-869900000
	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			16100000
	Repayments of borrowings			431300000
	Payments of lease liabilities			3600000
	Dividends paid			0
	Interest paid			51600000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-108000000
	Net cash flows from (used in) financing activities			736600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			314900000
	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			314900000
	Cash and cash equivalents cash flow statement at beginning of period			29800000
	Cash and cash equivalents cash flow statement at end of period			344700000