Paras Defence Eyes 40% FY26 Revenue Growth Driven by Strong March Quarter

• Paras Defence and Space Technologies anticipates 30-40% revenue growth for FY26, with the March quarter contributing the largest share.
• The company expects FY26 revenues to be between ₹450-500 crore, maintaining its guidance despite slower growth in the first nine months.
• Order book is projected to strengthen to ₹1,100-1,200 crore by year-end, driven by demand in optics, laser systems, and defence electronics.
• Margins are expected to improve to 27-30% EBITDA and 18-20% PAT, fueled by high-value execution in Q4FY26.
• Paras Defence reported ₹106 crore revenue, ₹17 crore net profit, and 24.65% margins in Q3FY26.

Why It Matters: Paras Defence is confident of achieving 30-40% FY26 revenue growth, banking on a strong March quarter and robust order pipeline.