Paras Defence And Space Technologies (NSE:PARAS) Gross Margin %: 47.32% (As of Mar. 2026) — Near Median


NSE:PARAS Paras Defence And Space Technologies Ltd NSE:PARAS
84 GF Score
Price ₹1,233.75
GF Value ₹829.69
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Paras Defence And Space Technologies Gross Margin %?

Paras Defence And Space Technologies NSE:PARAS -4.25% 84 Gross Margin % is 47.32% as of Mar. 2026, which is 4% above its 10-year median of 45.43. GuruFocus rates NSE:PARAS with a GF Score™ of 84/100 and a GF Value™ of ₹829.69 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 342 Aerospace & Defense companies, Paras Defence And Space Technologies ranks better than 81.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Paras Defence And Space Technologies's Gross Profit for the three months ended in Mar. 2026 was ₹811 Mil. Paras Defence And Space Technologies's Revenue for the three months ended in Mar. 2026 was ₹1,713 Mil. Therefore, Paras Defence And Space Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 47.32%.


The historical rank and industry rank for Paras Defence And Space Technologies's Gross Margin % or its related term are showing as below:

NSE:PARAS' s Gross Margin % Range Over the Past 10 Years
Min: 40.82   Med: 45.43   Max: 53.32
Current: 49.93


During the past 8 years, the highest Gross Margin % of Paras Defence And Space Technologies was 53.32%. The lowest was 40.82%. And the median was 45.43%.

NSE:PARAS's Gross Margin % is ranked better than
81.87% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs NSE:PARAS: 49.93

Paras Defence And Space Technologies had a gross margin of 47.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Paras Defence And Space Technologies was 2.60% per year.


Paras Defence And Space Technologies  (NSE:PARAS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Paras Defence And Space Technologies had a gross margin of 47.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Paras Defence And Space Technologies Gross Margin % Related Terms


Paras Defence And Space Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Paras Defence And Space Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paras Defence And Space Technologies Gross Margin % Chart

Paras Defence And Space Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 45.26 46.19 44.47 53.32 49.93

Paras Defence And Space Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.72 53.28 55.83 45.35 47.32

NSE:PARAS vs SPCX, GE, RTX: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Paras Defence And Space Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paras Defence And Space Technologies Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Paras Defence And Space Technologies's Gross Margin % falls into.


NSE:PARAS
84GF Score
Paras Defence And Space Technologies Ltd NSE:PARAS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Paras Defence And Space Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Paras Defence And Space Technologies's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=2379.7 / 4765.7
=(Revenue - Cost of Goods Sold) / Revenue
=(4765.7 - 2386) / 4765.7
=49.93 %

Paras Defence And Space Technologies's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=810.7 / 1713.1
=(Revenue - Cost of Goods Sold) / Revenue
=(1713.1 - 902.4) / 1713.1
=47.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 47.32% mean?
Paras Defence And Space Technologies (NSE:PARAS) has a Gross Margin % of 47.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Paras Defence And Space Technologies and its competitors. This is near median its historical median of 45.43. Over the past decade, Paras Defence And Space Technologies' Gross Margin % has ranged from 40.82 to 53.32. According to the industry distribution chart, Paras Defence And Space Technologies ranks #62 out of 342 companies in the Aerospace & Defense industry, placing it in the top 18.1%.
Is Paras Defence And Space Technologies' Gross Margin % too high?
Paras Defence And Space Technologies' current Gross Margin % of 47.32% is near median its 10-year median of 45.43. Over the past 10 years, this metric has ranged from a low of 40.82 to a high of 53.32. The Aerospace & Defense industry median Gross Margin % is 26.65. Paras Defence And Space Technologies' value of 47.32% is 77.6% above this industry median. Based on the distribution chart, Paras Defence And Space Technologies ranks #62 out of 342 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Paras Defence And Space Technologies has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paras Defence And Space Technologies' Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Paras Defence And Space Technologies ranks #62 out of 342 companies for Gross Margin %. This places Paras Defence And Space Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.65. Paras Defence And Space Technologies' value of 47.32% is 77.6% above this benchmark. Historically, Paras Defence And Space Technologies' own Gross Margin % has ranged from 40.82 to 53.32 over the past decade. While the company's 10-year median is 45.43 vs. the industry median of 26.65, Paras Defence And Space Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paras Defence And Space Technologies's current Gross Margin % of 47.32% is 77.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Paras Defence And Space Technologies and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current Gross Margin % is 47.32%, which is near median its own 10-year median of 45.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Defence And Space Technologies stock overvalued right now?
Based on GuruFocus' analysis, Paras Defence And Space Technologies (NSE:PARAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹829.69, compared to a current price of ₹1,233.75 — trading 48.7% above its estimated fair value. The current Gross Margin % is 47.32%, which is near median its 10-year median of 45.43 and 77.6% above the Aerospace & Defense industry median of 26.65. Paras Defence And Space Technologies' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Paras Defence And Space Technologies (NSE:PARAS), the current Gross Margin % is 47.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paras Defence And Space Technologies (NSE:PARAS) Overvalued in 2026?

Based on GuruFocus' analysis, Paras Defence And Space Technologies stock appears to be overvalued. The current stock price of ₹1,233.75 is trading 48.7% above its estimated GF Value™ of ₹829.69. GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.

Key valuation signals for NSE:PARAS:

  • Gross Margin %: 47.32% (near median its 10-year median of 45.43)
  • GF Value™: ₹829.69 vs. price of ₹1,233.75 (48.7% above fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 77.6% above the Aerospace & Defense median (#62 of 342)

No single metric tells the full story. See the NSE:PARAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paras Defence And Space Technologies Business Description

Other Exchanges 543367:India
Address D-112, TTC Industrial Area, MIDC, Nerul, Navi Mumbai, MH, IND, 400706
Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.
84GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,233.75
Price
₹829.69
GF Value