Paras Defence And Space Technologies (NSE:PARAS) ROCE %: 26.73% (As of Mar. 2026)


NSE:PARAS Paras Defence And Space Technologies Ltd NSE:PARAS
84 GF Score
Price ₹1,233.75
GF Value ₹829.23
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Paras Defence And Space Technologies ROCE %?

Paras Defence And Space Technologies NSE:PARAS -4.25% 84 ROCE % is 26.73% as of Mar. 2026. GuruFocus rates NSE:PARAS with a GF Score™ of 84/100 and a GF Value™ of ₹829.23 (Significantly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Paras Defence And Space Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.73%.

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

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Paras Defence And Space Technologies ROCE % Related Terms

Paras Defence And Space Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Paras Defence And Space Technologies's ROCE % 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 ROCE % Chart

Paras Defence And Space Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 13.28 12.36 9.71 15.97 17.33

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
ROCE % 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 17.31 12.27 16.17 14.03 26.73
NSE:PARAS
84GF Score
Paras Defence And Space Technologies Ltd NSE:PARAS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Paras Defence And Space Technologies ROCE % Calculation

Paras Defence And Space Technologies's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1223.3/( ( (8519.594 - 1910.12) + (9647 - 2138.8) )/ 2 )
=1223.3/( (6609.474+7508.2)/ 2 )
=1223.3/7058.837
=17.33 %

Paras Defence And Space Technologies's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2006.8/( ( (0 - 0) + (9647 - 2138.8) )/ 1 )
=2006.8/( ( 0 + 7508.2 )/ 1 )
=2006.8/7508.2
=26.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 26.73% mean?
Paras Defence And Space Technologies (NSE:PARAS) has a ROCE % of 26.73% as of Mar. 2026.
Is Paras Defence And Space Technologies' ROCE % too high?
Paras Defence And Space Technologies' current ROCE % is 26.73%. The Aerospace & Defense industry median ROCE % is 6.29. Paras Defence And Space Technologies' value of 26.73% is 325% above this industry median. 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' ROCE % compare to GE and RTX?
Paras Defence And Space Technologies' ROCE % of 26.73% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Paras Defence And Space Technologies' value of 26.73% is 325% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Paras Defence And Space Technologies's current ROCE % of 26.73% is 325% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current ROCE % is 26.73%. 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 ₹829.23, compared to a current price of ₹1,233.75 — trading 48.8% above its estimated fair value. The current ROCE % is 26.73% and 325% above the Aerospace & Defense industry median of 6.29. Paras Defence And Space Technologies' overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Paras Defence And Space Technologies (NSE:PARAS), the current ROCE % is 26.73% 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 48.8% above its estimated GF Value™ of ₹829.23. GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.

Key valuation signals for NSE:PARAS:

  • ROCE %: 26.73%
  • GF Value™: ₹829.23 vs. price of ₹1,233.75 (48.8% above fair value)
  • GF Score™: 84/100 with 8 warning signs
  • Industry Position: 325% above the Aerospace & Defense median

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

₹1,233.75
Price
₹829.23
GF Value