{"id":73668,"date":"2026-04-17T18:08:33","date_gmt":"2026-04-17T12:38:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=73668"},"modified":"2026-04-17T18:08:34","modified_gmt":"2026-04-17T12:38:34","slug":"paras-defence-and-space-technologies-q4-results-2026-preview","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/","title":{"rendered":"Paras Defence and Space Technologies Q4 Results 2026: Date, Revenue, PAT And Analyst Outlook"},"content":{"rendered":"<p>Paras Defence and Space Technologies (NSE: PARAS) is preparing to announce its Q4 FY26 financial results for the quarter ended March 31, 2026. With Paras Defence and Space Technologies trading at Rs 680 \u2014 against a 52-week high of Rs 1,050 and a 1-year return of -32% \u2014 the Q4 FY26 results will be a pivotal event for investors tracking the Defence\/Space sector.<\/p><p>Analyst estimates for Q4 FY26 revenue stand at Rs 95\u2013115 Cr, with PAT expectations of Rs 14\u201320 Cr and margin projections of EBITDA 18\u201324%. This article covers the Paras Defence and Space Technologies Q4 results 2026 date, detailed earnings estimates, five key performance factors, five risks to monitor, analyst ratings, and answers to the most commonly searched investor questions.<\/p><p>Get free investment predictions on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><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-and-space-technologies-q4-results-2026-preview\/#Paras_Defence_and_Space_Technologies_Q4_Results_2026_Date\" title=\"Paras Defence and Space Technologies Q4 Results 2026 Date\">Paras Defence and Space Technologies Q4 Results 2026 Date<\/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-and-space-technologies-q4-results-2026-preview\/#Why_This_Quarter_Matters\" title=\"Why This Quarter Matters\">Why This Quarter Matters<\/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-and-space-technologies-q4-results-2026-preview\/#Paras_Defence_and_Space_Technologies_Q4_FY26_Earnings_Estimates\" title=\"Paras Defence and Space Technologies Q4 FY26 Earnings Estimates\">Paras Defence and Space Technologies Q4 FY26 Earnings Estimates<\/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-and-space-technologies-q4-results-2026-preview\/#5_Key_Factors_That_Will_Drive_Paras_Defence_and_Space_Technologies_Q4_FY26_Performance\" title=\"5 Key Factors That Will Drive Paras Defence and Space Technologies Q4 FY26 Performance\">5 Key Factors That Will Drive Paras Defence and Space Technologies Q4 FY26 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Defence_Order_Book_Execution\" title=\"Defence Order Book Execution\">Defence Order Book Execution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Optics_and_Electro-Optical_Systems\" title=\"Optics and Electro-Optical Systems\">Optics and Electro-Optical Systems<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Space_Technology_and_ISRO_Programs\" title=\"Space Technology and ISRO Programs\">Space Technology and ISRO Programs<\/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-and-space-technologies-q4-results-2026-preview\/#EMP_Protection_Products\" title=\"EMP Protection Products\">EMP Protection Products<\/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-and-space-technologies-q4-results-2026-preview\/#Export_Opportunities_in_Defence\" title=\"Export Opportunities in Defence\">Export Opportunities in Defence<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#5_Risks_to_Watch_in_Paras_Defence_and_Space_Technologies_Q4_FY26\" title=\"5 Risks to Watch in Paras Defence and Space Technologies Q4 FY26\">5 Risks to Watch in Paras Defence and Space Technologies Q4 FY26<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Order_Delivery_Delays\" title=\"Order Delivery Delays\">Order Delivery Delays<\/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-and-space-technologies-q4-results-2026-preview\/#Customer_Concentration_in_Government\" title=\"Customer Concentration in Government\">Customer Concentration in Government<\/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-and-space-technologies-q4-results-2026-preview\/#Technology_Obsolescence_Risk\" title=\"Technology Obsolescence Risk\">Technology Obsolescence Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Working_Capital_Intensity_in_Defence\" title=\"Working Capital Intensity in Defence\">Working Capital Intensity in Defence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Small_Scale_vs_Large_Peers\" title=\"Small Scale vs. Large Peers\">Small Scale vs. Large Peers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Paras_Defence_and_Space_Technologies_Share_Price_and_Analyst_Ratings\" title=\"Paras Defence and Space Technologies Share Price and Analyst Ratings\">Paras Defence and Space Technologies Share Price and Analyst Ratings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#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-18\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#What_is_the_Paras_Defence_and_Space_Technologies_Q4_results_2026_date\" title=\"What is the Paras Defence and Space Technologies Q4 results 2026 date?\">What is the Paras Defence and Space Technologies Q4 results 2026 date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#What_is_the_Paras_Defence_and_Space_Technologies_Q4_FY26_PAT_estimate\" title=\"What is the Paras Defence and Space Technologies Q4 FY26 PAT estimate?\">What is the Paras Defence and Space Technologies Q4 FY26 PAT estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#What_is_Paras_Defence_and_Space_Technologiess_share_price_ahead_of_Q4_results\" title=\"What is Paras Defence and Space Technologies&#8217;s share price ahead of Q4 results?\">What is Paras Defence and Space Technologies&#8217;s share price ahead of Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Will_Paras_Defence_and_Space_Technologies_declare_a_dividend_in_Q4_2026\" title=\"Will Paras Defence and Space Technologies declare a dividend in Q4 2026?\">Will Paras Defence and Space Technologies declare a dividend in Q4 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Which_analysts_have_a_Buy_rating_on_Paras_Defence_and_Space_Technologies\" title=\"Which analysts have a Buy rating on Paras Defence and Space Technologies?\">Which analysts have a Buy rating on Paras Defence and Space Technologies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#What_were_Paras_Defence_and_Space_Technologies_Q3_FY26_results\" title=\"What were Paras Defence and Space Technologies Q3 FY26 results?\">What were Paras Defence and Space Technologies Q3 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#When_do_Infosys_and_TCS_announce_Q4_results_2026\" title=\"When do Infosys and TCS announce Q4 results 2026?\">When do Infosys and TCS announce Q4 results 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Is_Paras_Defence_and_Space_Technologies_a_good_investment_ahead_of_Q4_results\" title=\"Is Paras Defence and Space Technologies a good investment ahead of Q4 results?\">Is Paras Defence and Space Technologies a good investment ahead of Q4 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/paras-defence-and-space-technologies-q4-results-2026-preview\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_Q4_Results_2026_Date\"><\/span><strong>Paras Defence and Space Technologies Q4 Results 2026 Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Q4 FY26 Results Date<\/strong><\/td><td><strong>Sector<\/strong><\/td><\/tr><tr><td>TCS<\/td><td>April 9, 2026<\/td><td>IT Services<\/td><\/tr><tr><td>Infosys<\/td><td>April 23, 2026<\/td><td>IT Services<\/td><\/tr><tr><td>Paras Defence and Space Technologies<\/td><td>May 2026 (Expected)<\/td><td>See article<\/td><\/tr><\/tbody><\/table><\/figure><p>Paras Defence and Space Technologies has scheduled its Q4 FY26 results for May 2026 (Expected). The board of directors will meet to approve audited financial statements for the quarter ended March 31, 2026, and to consider a final dividend recommendation. At a CMP of Rs 680, investors will closely watch this announcement for revenue growth confirmation and FY27 guidance.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_Quarter_Matters\"><\/span><strong>Why This Quarter Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Q4 FY26 is the final quarter of the financial year \u2014 it determines full-year FY26 performance, sets the FY27 estimate base, and triggers final dividend announcements. For Paras Defence and Space Technologies, operating in the Defence\/Space sector, Q4 will reveal whether earlier-quarter momentum has sustained and whether management&#8217;s strategic initiatives are delivering measurable financial outcomes.<\/p><p>At a 1-year return of -32%, the Q4 FY26 results and FY27 guidance commentary will be critical in determining whether the stock can recover toward its 52-week high of Rs 1,050. Investors will focus on order book updates, margin trajectory, and management tone \u2014 positive surprises on multiple parameters could drive a meaningful re-rating.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_Q4_FY26_Earnings_Estimates\"><\/span><strong>Paras Defence and Space Technologies Q4 FY26 Earnings Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-1024x536.jpg\" alt=\"Paras Defence and Space Technologies Q4 FY26 Analyst Estimates at a Glance | Source: MOFSL, YES Securities, JM Financial\" class=\"wp-image-73676\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Access premium SEBI-registered research on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><p>Analysts covering Paras Defence and Space Technologies have published Q4 FY26 estimates reflecting sector trends and company-specific catalysts. Consensus points to revenue of Rs 95\u2013115 Cr, PAT of Rs 14\u201320 Cr, and margins of EBITDA 18\u201324%. These projections incorporate Q4 seasonal strength and ongoing business improvements.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Q3 FY26 Actual<\/strong><\/td><td><strong>Q4 FY26 Estimate<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 82 Cr<\/td><td>Rs 95\u2013115 Cr<\/td><\/tr><tr><td>PAT<\/td><td>Rs 12 Cr<\/td><td>Rs 14\u201320 Cr<\/td><\/tr><tr><td>Margin<\/td><td>EBITDA 20.5%<\/td><td>EBITDA 18\u201324%<\/td><\/tr><tr><td>Growth Driver<\/td><td>Base quarter<\/td><td>Recovery catalyst<\/td><\/tr><tr><td>Dividend<\/td><td>Rs 3 per share<\/td><td>Rs 2\u20133 per share<\/td><\/tr><\/tbody><\/table><\/figure><p>Beyond headline numbers, investors should monitor FY27 guidance commentary, working capital trends, and order book visibility. A clean recurring profit print \u2014 rather than one inflated by non-operational items \u2014 carries greater weight with long-term investors.<\/p><p>Screen <a href=\"https:\/\/univest.in\/screeners\">Paras Defence and Space Technologies<\/a> fundamentals on <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Factors_That_Will_Drive_Paras_Defence_and_Space_Technologies_Q4_FY26_Performance\"><\/span><strong>5 Key Factors That Will Drive Paras Defence and Space Technologies Q4 FY26 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Defence_Order_Book_Execution\"><\/span><strong>Defence Order Book Execution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras Defence has an order book of Rs 450\u2013500 Cr \u2014 roughly 4x annual revenue \u2014 providing strong revenue visibility for the next 2\u20133 years. Q4 FY26 revenue execution against this order book will be the primary financial metric. Strong execution above Rs 100 Cr would confirm that delivery timelines are on track.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Optics_and_Electro-Optical_Systems\"><\/span><strong>Optics and Electro-Optical Systems<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras is India&#8217;s leading manufacturer of defence optics \u2014 night vision devices, periscopes, and electro-optical systems \u2014 for the Indian Army, Navy, and Air Force. The government&#8217;s push toward defence indigenisation under the Atmanirbhar Bharat initiative directly benefits Paras. Q4 FY26 will reveal new order wins from the domestic defence forces.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_Technology_and_ISRO_Programs\"><\/span><strong>Space Technology and ISRO Programs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras has been expanding into space technology components for ISRO programs. Q4 FY26 will reflect the revenue contribution from space segment orders. This is an emerging segment with significant long-term growth potential as India&#8217;s space program expands \u2014 commentary on space order pipeline will be watched by investors.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EMP_Protection_Products\"><\/span><strong>EMP Protection Products<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras manufactures electromagnetic pulse (EMP) protection equipment for India&#8217;s critical infrastructure and defence installations. Growing demand for EMP protection \u2014 driven by global geopolitical tensions and India&#8217;s defence modernisation \u2014 represents a recurring revenue stream with high margins.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Export_Opportunities_in_Defence\"><\/span><strong>Export Opportunities in Defence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras has been actively pursuing defence exports to friendly nations under the government&#8217;s defence export promotion initiative. Any export order announcement in Q4 FY26 would significantly re-rate growth expectations and demonstrate the international competitiveness of Paras&#8217;s products.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Risks_to_Watch_in_Paras_Defence_and_Space_Technologies_Q4_FY26\"><\/span><strong>5 Risks to Watch in Paras Defence and Space Technologies Q4 FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Order_Delivery_Delays\"><\/span><strong>Order Delivery Delays<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Defence equipment manufacturing involves complex supply chains and stringent quality requirements. Any delivery delay on large defence orders \u2014 common in the defence sector \u2014 would push revenue from Q4 FY26 into subsequent quarters and disappoint consensus estimates.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Customer_Concentration_in_Government\"><\/span><strong>Customer Concentration in Government<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras derives virtually all revenues from the Indian government \u2014 Army, Navy, Air Force, ISRO, DRDO. Budget cuts, procurement delays, or changes in government priorities could significantly impact Paras&#8217;s revenue pipeline.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technology_Obsolescence_Risk\"><\/span><strong>Technology Obsolescence Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Defence technology evolves rapidly. Paras must continuously invest in R&amp;D to maintain technological edge. Any failure to keep pace with technology changes could lead to loss of competitive position in future tenders.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Working_Capital_Intensity_in_Defence\"><\/span><strong>Working Capital Intensity in Defence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Defence contracts typically involve long payment cycles from government customers. Elevated receivables from defence contracts create working capital pressure and require financing, increasing interest costs.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Small_Scale_vs_Large_Peers\"><\/span><strong>Small Scale vs. Large Peers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras is a niche specialist competing alongside BEL, L&amp;T Defence, and global OEMs for larger programmes. Its small size limits its ability to bid for the largest contracts and creates execution risk if multiple orders ramp simultaneously.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Paras_Defence_and_Space_Technologies_Share_Price_and_Analyst_Ratings\"><\/span><strong>Paras Defence and Space Technologies Share Price and Analyst Ratings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-1024x536.jpg\" alt=\"Paras Defence and Space Technologies Share Price &amp; Analyst Ratings | Source: NSE\/BSE, Broker Notes\" class=\"wp-image-73677\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Paras Defence and Space Technologies is trading at Rs 680 as of early April 2026, against a 52-week high of Rs 1,050 and 52-week low of Rs 545. Market cap stands at Rs 1,680 Cr. The 1-year return of -32% reflects sector headwinds alongside company-specific factors. Analyst price targets range from the conservative to the optimistic, reflecting differing views on recovery pace and FY27 earnings potential.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Brokerage<\/strong><\/td><td><strong>Rating<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Thesis<\/strong><\/td><\/tr><tr><td>MOFSL<\/td><td>Buy<\/td><td>Rs 850<\/td><td>Defence indigenisation<\/td><\/tr><tr><td>YES Securities<\/td><td>Buy<\/td><td>Rs 900<\/td><td>Space\/optics niche<\/td><\/tr><tr><td>Kotak Inst.<\/td><td>Neutral<\/td><td>Rs 780<\/td><td>Execution timeline watch<\/td><\/tr><\/tbody><\/table><\/figure><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Paras Defence and Space Technologies&#8217;s live price and receive real-time Q4 result alerts.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Paras Defence and Space Technologies Q4 FY26 results will demonstrate execution capability against its strong order book. At Rs 680, the stock is 35% below its 52-week high, with the market questioning execution timelines. Revenue above Rs 105 Cr would be a strong positive catalyst. Any new defence export order or space technology contract announcement would be the most powerful potential re-rating trigger. Consult a SEBI-registered advisor before investing.<\/p><p>This content is published by Univest, a SEBI-registered research and advisory platform. All analyst estimates and price targets cited are from publicly available broker notes. Past performance is not indicative of future results. Investors should conduct independent due diligence before making any investment decisions.<\/p><p>For more Q4 FY26 previews visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Paras_Defence_and_Space_Technologies_Q4_results_2026_date\"><\/span><strong>What is the Paras Defence and Space Technologies Q4 results 2026 date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras Defence and Space Technologies Q4 FY26 results are scheduled for May 2026 (Expected). The board will meet to approve audited financial statements for the quarter ended March 31, 2026.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Paras_Defence_and_Space_Technologies_Q4_FY26_PAT_estimate\"><\/span><strong>What is the Paras Defence and Space Technologies Q4 FY26 PAT estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analysts estimate Paras Defence and Space Technologies Q4 FY26 PAT in the range of Rs 14\u201320 Cr, on revenue of Rs 95\u2013115 Cr and margin of EBITDA 18\u201324%. Actual results may differ from these estimates.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Paras_Defence_and_Space_Technologiess_share_price_ahead_of_Q4_results\"><\/span><strong>What is Paras Defence and Space Technologies&#8217;s share price ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras Defence and Space Technologies shares are trading at approximately Rs 680 as of early April 2026. The 52-week high is Rs 1,050 and 52-week low is Rs 545. The one-year return is -32% and market cap stands at Rs 1,680 Cr.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_Paras_Defence_and_Space_Technologies_declare_a_dividend_in_Q4_2026\"><\/span><strong>Will Paras Defence and Space Technologies declare a dividend in Q4 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras Defence and Space Technologies is expected to consider Rs 2\u20133 per share at the Q4 FY26 board meeting on May 2026 (Expected). The dividend decision reflects management&#8217;s confidence in FY26 free cash flow generation.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_analysts_have_a_Buy_rating_on_Paras_Defence_and_Space_Technologies\"><\/span><strong>Which analysts have a Buy rating on Paras Defence and Space Technologies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MOFSL (target Rs 850), YES Securities (target Rs 900) ahead of Q4 FY26 results.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_were_Paras_Defence_and_Space_Technologies_Q3_FY26_results\"><\/span><strong>What were Paras Defence and Space Technologies Q3 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>In Q3 FY26, Paras Defence and Space Technologies reported revenue of Rs 82 Cr and PAT of Rs 12 Cr with margins at EBITDA 20.5%. These provided the base for Q4 FY26 analyst estimates.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_do_Infosys_and_TCS_announce_Q4_results_2026\"><\/span><strong>When do Infosys and TCS announce Q4 results 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>TCS announced Q4 FY26 results on April 9, 2026 \u2014 full preview at <a href=\"https:\/\/univest.in\/blogs\/tcs-q4-results-2026-date-preview\">TCS Q4 Results 2026<\/a>. <a href=\"https:\/\/univest.in\/blogs\/infosys-q4-results-2026-date-preview\">Infosys<\/a> announced results on April 23, 2026.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Paras_Defence_and_Space_Technologies_a_good_investment_ahead_of_Q4_results\"><\/span><strong>Is Paras Defence and Space Technologies a good investment ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Paras Defence and Space Technologies at Rs 680 offers a risk-reward contingent on Q4 execution and FY27 guidance. Investors should review analyst estimates, monitor the results announcement, and consult a SEBI-registered advisor before making investment decisions.<\/p><p>Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE\/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/motisons-jewellers-q4-results-2026\">Motisons Jewellers Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/motilal-oswal-financial-services-q4-results-2026\">Motilal Oswal Financial Services Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/moschip-technologies-q4-results-2026\">Moschip Technologies Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/morepen-laboratories-q4-results-2026\">Morepen Laboratories Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/morarjee-textiles-q4-results-2026\">Morarjee Textiles Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Paras Defence and Space Technologies (NSE: PARAS) is preparing to announce its Q4 FY26 financial results for the quarter ended March 31, 2026. With Paras Defence and Space Technologies trading at Rs 680 \u2014 against a 52-week high of Rs 1,050 and a 1-year return of -32% \u2014 the Q4 FY26 results will be a<\/p>\n","protected":false},"author":23,"featured_media":73674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3983],"class_list":["post-73668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-q4-results-2026"],"metadata":{"_edit_lock":["1776429536:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:11:{s:63:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-1116.jpeg\";a:2:{s:2:\"id\";i:73672;s:11:\"source_type\";s:13:\"media-library\";}s:95:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180302\/image-1116.jpeg\";a:2:{s:2:\"id\";i:73672;s:11:\"source_type\";s:13:\"media-library\";}s:95:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180301\/image-1116.jpeg\";a:2:{s:2:\"id\";i:73671;s:11:\"source_type\";s:13:\"media-library\";}s:64:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/estimates-59.jpg\";a:2:{s:2:\"id\";i:73676;s:11:\"source_type\";s:13:\"media-library\";}s:73:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/estimates-59-1024x536.jpg\";a:2:{s:2:\"id\";i:73676;s:11:\"source_type\";s:13:\"media-library\";}s:96:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59.jpg\";a:2:{s:2:\"id\";i:73676;s:11:\"source_type\";s:13:\"media-library\";}s:105:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180438\/estimates-59-1024x536.jpg\";a:2:{s:2:\"id\";i:73676;s:11:\"source_type\";s:13:\"media-library\";}s:68:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/share_analyst-61.jpg\";a:2:{s:2:\"id\";i:73677;s:11:\"source_type\";s:13:\"media-library\";}s:77:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/share_analyst-61-1024x536.jpg\";a:2:{s:2:\"id\";i:73677;s:11:\"source_type\";s:13:\"media-library\";}s:100:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61.jpg\";a:2:{s:2:\"id\";i:73677;s:11:\"source_type\";s:13:\"media-library\";}s:109:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/17180521\/share_analyst-61-1024x536.jpg\";a:2:{s:2:\"id\";i:73677;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["77"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Paras Defence and Space Technologies Q4 Results 2026: Date, Revenue And Defence Estimates"],"rank_math_description":["Paras Defence and Space Technologies Q4 results expected May 2026. Revenue estimate Rs 95\u2013115 Cr, PAT Rs 14\u201320 Cr. 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