Paras Defence and Space Technologies Ltd

TDS on dividend and AGM details

• Intimation of TDS on dividend for FY 2025-26; dividend Rs 1 per share (20%) recommended.
• AGM on Sept 11, 2026; dividend paid electronically within 30 days after AGM, subject to approval.
• Record date fixed at Aug 28, 2026 to determine dividend eligibility.
• Last date to submit tax-related documents: Aug 28, 2026.
• Resident PAN holders: TDS at 10%; no PAN or Aadhaar-linked PAN: 20%.
• Resident non-individuals: Nil TDS if eligible declarations/documents provided.
• Non-residents: TDS 20% plus surcharge/cess; DTAA options available with conditions.
• DTAA benefits require TRC, Form 41, tax residency certificate, and other declarations.
• NSDL facility for submission of tax documents for nil/low withholding available.

Meeting Details

• Date/time: Aug 22, 2026, from 10:00 IST, physical group meeting at Nerul plant.
• Organiser: Paras Defence and Space Technologies Ltd hosting Analysts/Institutional Investors visit.
• Venue: Company plant, Nerul, Navi Mumbai.

Participants

• Company participants: Company Secretary and Compliance Officer.

Purpose

• Purpose: Analysts and institutional investors interaction to discuss business updates.

Additional Notes

• Presentation available on PARAS website.
• Schedule subject to change due to participant or company needs.
• No unpublished price sensitive information will be shared.

Overview

• Standalone BRSR for FY2025-26 covering Paras Defence and Space Technologies Ltd.
• Main activities: defence and space systems design, development, manufacturing, testing, commissioning.
• Turnover split: Optics/Optronics 48%, Defence Engineering 52%.
• Markets: 2 plants and 5 offices in India; 18 states; 9 international markets; exports 15.3%.
• Major customers include DRDO, ISRO, DPSUs; L&T, BEL, HAL, Tata.

Key ESG Risks & Opportunities

• Climate change poses operational and supply-chain risks; mitigated by energy efficiency and maintenance.
• Cybersecurity risk from rapid tech changes; mitigated by ongoing R&D and secure infrastructure.
• Make in India/defence indigenization increases domestic demand and local supply chains.
• Product design and innovation drive competitiveness and customer satisfaction.
• Employee welfare and work-life balance initiatives bolster retention.

Governance & Policy Highlights

• Board responsible for implementing and overseeing Business Responsibility Policies.
• CSR Committee reviews sustainability initiatives and BRSR performance.
• Vigil Mechanism and Whistle Blower Policy in place; extends to value chain.
• Anti-corruption policy with zero tolerance; includes Code of Conduct training.
• Policies extend to value chain partners; no corruption cases in FY2025-26.
• ISO 45001 and DRDO registrations support compliance.

Social Responsibility & Workforce

• Total employees: 358 permanent; no non-permanent staff.
• Workers: 259 total; 234 male, 25 female.
• Board female representation: 2 of 6; KMP female 2 of 4.
• Turnover: permanent 10.33%; permanent workers 4.64%.
• LTIFR: 0; ISO 45001 certified across all plants.
• Median remuneration: BoD 7 Lakh; employees 5.28 Lakh; workers 4.08 Lakh.
• Welfare spend: 0.35% of revenue.
• Workplaces accessible to differently abled; equal opportunity policy.
• Grievance mechanisms: Open Door, Vigil Mechanism, Whistle Blower; HR support.
• CSR projects cover health care, sanitation, drinking water; 6000+ beneficiaries; 100% from vulnerable groups.

Environmental Performance

• Total non-renewable energy: 11,875.56 GJ; electricity 11,740.85 GJ; renewables 0.
• Energy intensity: 0.29 GJ per Lakh turnover; PPP 5.82 GJ/Lakh.
• Water: withdrawal 11,705 KL; intensity 0.28 KL/Lakh turnover; PPP 5.74.
• GHG: Scope 1 9.35 MT CO2e; Scope 2 2,335.12 MT CO2e; total 2,344.47 MT CO2e.
• Emissions intensity: 0.0563 MT CO2e per Lakh turnover; PPP 1.49.
• Waste: total 5.53 MT; non-hazardous 5.53 MT; waste intensity 0.00014 MT/Lakh.
• No zero-liquid-discharge; EPR not applicable; ISO 45001 and DRDO registrations in place.
• Energy-efficiency equipment deployed; EV charging point installed.

Stakeholder Engagement & Complaints

• Stakeholders: employees, investors, suppliers, communities, government/regulators, customers.
• Engagement channels include email, website, meetings, AGM, and surveys.
• Frequency: continuous for employees; quarterly for investors; ongoing for suppliers.
• Shareholders filed 1 complaint in FY2025-26; resolved within stipulated time.
• CSR/Stakeholders oversight by CSR Committee and Stakeholders Relationship Committee.

Other Notable Metrics

• Related-party transactions: purchases 17.31%; sales 7.52%; loans 68.94%; investments 50.30%.
• Sourcing: over 60% inputs sustainably; MSME procurement 88.96%; domestic sourcing 95.78%.
• Affiliations: four trade associations; SIDM, EEPC India, FIEO, AEO listed.
• Public policy advocacy: not currently engaged.
• Cybersecurity policy: internal; reviewed annually; data privacy framework exists; no data breaches.
• Product recalls: none in FY2025-26.
• CSR aspirational districts: Maharashtra 48.5 L; Gujarat 30 L; Kutch 20 L; Gujarat 25 L.
• CSR beneficiaries: health care, water, education initiatives benefiting 6,000+ people; 100% from vulnerable groups.

Financial performance

• Revenue from operations: 47,657.54 Lakhs.
• Profit before tax: 11,766.61 Lakhs.
• Profit for the year: 8,809.68 Lakhs.
• Exceptional item: Ayatti disinvestment gain 291.02 Lakhs.

Segment performance

• Segment revenue Optics & Optronic Systems: 19,910.70 Lakhs.
• Segment revenue Defence Engineering: 27,746.84 Lakhs.

Dividend & capital actions

• Final dividend per equity share: ₹1.
• Equity share split: ₹10 to ₹5 per share.
• Ayatti divestment: 58.02% stake divested.

Disinvestment & subsidiary changes

• Ayatti ceased to be a subsidiary.

AGM Details

• 17th AGM on Friday, 11 September 2026 at 12:30 IST via VC/OAVM.
• Mode: VC/OAVM under MCA/SEBI guidelines.
• Record date for voting eligibility: Friday, September 04, 2026.
• Dividend record date: Friday, August 28, 2026.
• Remote e-voting window: Sept 8–10, 2026.
• Venue deemed at Registered Office, Navi Mumbai.
• Notice and Annual Report available on company website.

Dividend Details

• Final dividend of ₹1 per equity share.
• Record date for dividend: Friday, August 28, 2026.
• Dividend to be paid within 30 days after AGM, electronically.

Resolutions

• Ordinary: Adopt standalone and consolidated financial statements for year ended March 31, 2026.
• Ordinary: Declare final dividend of ₹1 per equity share.
• Ordinary: Re-appoint Shilpa Amit Mahajan as director retiring by rotation.
• Ordinary: Ratify remuneration of Cost Auditors for FY2026-27 at ₹1,25,000.
• Ordinary: Approve material RPT with Controp-Paras up to ₹450 crore.
• Ordinary: Approve material RPT with Paras Anti-Drone up to ₹150 crore.

Director Changes

• Re-appointment of Shilpa Amit Mahajan as Whole-Time Director.
• Last drawn remuneration: ₹32.00 lakh per annum.
• Shareholding in company: 1.43% of paid-up capital.

Auditors

• Cost Auditor remuneration for FY2026-27: ₹1,25,000; ratification sought.

Material Related Party Transactions

• Controp-Paras Technologies: aggregate RPT limit up to ₹450 crore.
• Controp-Paras breakdown: ₹293 crore goods/services; ₹110 crore additional trades; ₹47 crore other RPT.
• Controp-Paras period: from 17th AGM to 18th AGM; omnibus approval to continue.
• Paras Anti-Drone Technologies: aggregate RPT limit up to ₹150 crore.
• Paras Anti-Drone breakdown: rents, loans/ICD, goods/services, investments, guarantees.
• Paras Anti-Drone omnibus approval for one year; eligible for regular related party transactions.

Meeting Details

• Date and time: August 20, 2026, 9:00 a.m. IST onwards.
• Type and mode: One-on-one and group meetings (physical) at Kotak Office, Mumbai.
• Organizer: Manufacturing Forum 2026 organized by Kotak Institutional Equities.
• Audience: Analysts and institutional investors.

Participants

• Key company participants: Management team to participate (roles not specified).

Purpose

• Purpose: Analysts and institutional investors interaction.

Additional Notes

• Presentation available on PARAS website.

Meeting Details

• Date and time: August 19, 2026, from 1:00 p.m. onwards.
• Type and mode: One-on-one and group meetings; physical event at Grand Hyatt, Mumbai.
• Organizer: Motilal Oswal 22nd Annual Global Investor Conference.

Participants

• Key company participants: senior management from Paras Defence and Space Technologies.

Purpose

• Purpose: Analyst and institutional investor interaction at the conference.

Additional Notes

• Presentation available on PARAS website.
• Schedule subject to change by organiser/PARAS.

Meeting Details

• August 19, 2026, from 1:00 p.m. onwards.
• One-on-One and group meetings (in-person) at Grand Hyatt, Mumbai.
• Organizer: Motilal Oswal 22nd Annual Global Investor Conference.
• Company management to participate.

Purpose

• Analysts and institutional investors interaction at conference.
• Presentation by Paras available on company website.

Notes

• Schedule subject to change by organiser or Paras.