{"id":267906,"date":"2026-09-24T13:52:09","date_gmt":"2026-09-24T08:22:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=267906"},"modified":"2026-09-24T13:52:09","modified_gmt":"2026-09-24T08:22:09","slug":"paras-defence-vs-azad-engineering-vs-unimech-aerospace","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/","title":{"rendered":"Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Paras Defence and Space Technologies PE 116.03, mkt cap Rs 11,128 crore. Azad Engineering PE 125.70, mkt cap Rs 17,510 crore. Unimech Aerospace and Manufacturing PE 121.23, mkt cap Rs 8,732 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing is a side-by-side comparison of three companies from the Defence and Aerospace Ancillary (Second Fresh Set) space. On this comparison, Paras Defence and Space Technologies carries a market capitalisation of about Rs 11,128 crore against Rs 17,510 crore for Azad Engineering and Rs 8,732 crore for Unimech Aerospace and Manufacturing, with return on equity of 12.14%, 8.69% and 8.58% respectively. Each company&#8217;s numbers are presented here without a declared better pick, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing starts with the core numbers most investors compare within the Defence and Aerospace Ancillary (Second Fresh Set) segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of September 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the Defence and Aerospace Ancillary (Second Fresh Set) bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=paras-defence-vs-azad-engineering-vs-unimech-aerospace\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing_Company_Overview\" title=\"Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing: Company Overview\">Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing_Valuation_and_Profitability_Snapshot\" title=\"Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Valuation and Profitability Snapshot\">Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing_Latest_Quarterly_Results\" title=\"Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Latest Quarterly Results\">Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#FAQs_on_Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing\" title=\"FAQs on Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing\">FAQs on Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#What_is_the_market_cap_difference_between_Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing\" title=\"What is the market cap difference between Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?\">What is the market cap difference between Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Which_of_the_three_has_the_highest_PE_ratio\" title=\"Which of the three has the highest PE ratio?\">Which of the three has the highest PE ratio?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#What_is_the_debt_to_equity_ratio_for_Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing\" title=\"What is the debt to equity ratio for Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?\">What is the debt to equity ratio for Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Which_of_the_three_trades_at_the_highest_price_to_book_value\" title=\"Which of the three trades at the highest price to book value?\">Which of the three trades at the highest price to book value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-vs-azad-engineering-vs-unimech-aerospace\/#Is_one_of_Paras_Defence_and_Space_Technologies_Azad_Engineering_or_Unimech_Aerospace_and_Manufacturing_better_than_the_others\" title=\"Is one of Paras Defence and Space Technologies, Azad Engineering or Unimech Aerospace and Manufacturing better than the others?\">Is one of Paras Defence and Space Technologies, Azad Engineering or Unimech Aerospace and Manufacturing better than the others?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing_Company_Overview\"><\/span><strong>Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Paras Defence and Space Technologies<\/strong> is a listed Indian company in the Defence and Aerospace Ancillary (Second Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Azad Engineering<\/strong> is a listed Indian company in the Defence and Aerospace Ancillary (Second Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<p><strong>Unimech Aerospace and Manufacturing<\/strong> is a listed Indian company in the Defence and Aerospace Ancillary (Second Fresh Set) space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing_Valuation_and_Profitability_Snapshot\"><\/span><strong>Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/parasdef\/paras-defence-and-space-technologies-ltd-share-price-today\">Paras Defence and Space Technologies<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/azad\/azad-engineering-ltd-share-price-today\">Azad Engineering<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/unimech\/unimech-aerospace-and-manufacturing-ltd-share-price-today\">Unimech Aerospace and Manufacturing<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 11,128 crore<\/td>\n<td>Rs 17,510 crore<\/td>\n<td>Rs 8,732 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>116.03<\/td>\n<td>125.70<\/td>\n<td>121.23<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>16.28<\/td>\n<td>11.45<\/td>\n<td>11.84<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>12.14%<\/td>\n<td>8.69%<\/td>\n<td>8.58%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>11.90<\/td>\n<td>21.57<\/td>\n<td>14.15<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.04%<\/td>\n<td>0.00%<\/td>\n<td>0.00%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.04<\/td>\n<td>0.31<\/td>\n<td>0.17<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>84.83<\/td>\n<td>236.74<\/td>\n<td>144.87<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, Paras Defence and Space Technologies trades at a PE of 116.03 and a PB of 16.28, Azad Engineering at a PE of 125.70 and a PB of 11.45, while Unimech Aerospace and Manufacturing trades at a PE of 121.23 and a PB of 11.84. On return on equity, the three post 12.14%, 8.69% and 8.58% respectively, and on dividend yield they stand at 0.04%, 0.00% and 0.00%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing_Latest_Quarterly_Results\"><\/span><strong>Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Paras Defence and Space Technologies<\/td>\n<td>Rs 129.85 crore<\/td>\n<td>Rs 20.74 crore<\/td>\n<td>+35.9%<\/td>\n<td>-28.0%<\/td>\n<\/tr>\n<tr>\n<td>Azad Engineering<\/td>\n<td>Rs 176.15 crore<\/td>\n<td>Rs 35.16 crore<\/td>\n<td>+20.8%<\/td>\n<td>-1.1%<\/td>\n<\/tr>\n<tr>\n<td>Unimech Aerospace and Manufacturing<\/td>\n<td>Rs 114.95 crore<\/td>\n<td>Rs 28.00 crore<\/td>\n<td>+54.4%<\/td>\n<td>+19.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY28, quarter ended June 2026), compared with the year-ago and preceding quarter.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three defence and aerospace ancillary (second fresh set) names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing highlights how differently three companies in the same defence and aerospace ancillary (second fresh set) segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of September 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Paras_Defence_and_Space_Technologies_vs_Azad_Engineering_vs_Unimech_Aerospace_and_Manufacturing\"><\/span><strong>FAQs on Paras Defence and Space Technologies vs Azad Engineering vs Unimech Aerospace and Manufacturing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing\"><\/span><strong>What is the market cap difference between Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of September 2026, Paras Defence and Space Technologies has a market cap of approximately Rs 11,128 crore, Azad Engineering is at approximately Rs 17,510 crore, and Unimech Aerospace and Manufacturing is at approximately Rs 8,732 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_PE_ratio\"><\/span><strong>Which of the three has the highest PE ratio?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing, the PE ratios stand at 116.03, 125.70 and 121.23 respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing post ROE of 12.14%, 8.69% and 8.58% respectively as of September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing carry dividend yields of 0.04%, 0.00% and 0.00% respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_Paras_Defence_and_Space_Technologies_Azad_Engineering_and_Unimech_Aerospace_and_Manufacturing\"><\/span><strong>What is the debt to equity ratio for Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence and Space Technologies carries a debt to equity of 0.04, Azad Engineering of 0.31, and Unimech Aerospace and Manufacturing of 0.17.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_trades_at_the_highest_price_to_book_value\"><\/span><strong>Which of the three trades at the highest price to book value?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing trade at price to book ratios of 16.28, 11.45 and 11.84 respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_one_of_Paras_Defence_and_Space_Technologies_Azad_Engineering_or_Unimech_Aerospace_and_Manufacturing_better_than_the_others\"><\/span><strong>Is one of Paras Defence and Space Technologies, Azad Engineering or Unimech Aerospace and Manufacturing better than the others?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of September 2026, Paras Defence and Space Technologies has a market cap of approximately Rs 11,128 crore, Azad Engineering is at approximately Rs 17,510 crore, and Unimech Aerospace and Manufacturing is at approximately Rs 8,732 crore.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest PE ratio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Among Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing, the PE ratios stand at 116.03, 125.70 and 121.23 respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing post ROE of 12.14%, 8.69% and 8.58% respectively as of September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Which of these three stocks pays the highest dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing carry dividend yields of 0.04%, 0.00% and 0.00% respectively.\"}},{\"@type\":\"Question\",\"name\":\"What is the debt to equity ratio for Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paras Defence and Space Technologies carries a debt to equity of 0.04, Azad Engineering of 0.31, and Unimech Aerospace and Manufacturing of 0.17.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three trades at the highest price to book value?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paras Defence and Space Technologies, Azad Engineering and Unimech Aerospace and Manufacturing trade at price to book ratios of 16.28, 11.45 and 11.84 respectively.\"}},{\"@type\":\"Question\",\"name\":\"Is one of Paras Defence and Space Technologies, Azad Engineering or Unimech Aerospace and Manufacturing better than the others?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This comparison does not declare one stock better than another; 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