Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to SEBI LODR Regulations 30, 33, and 42
Audit Opinion:
The Statutory Auditors, M/s. Chaturvedi & Shah LLP, issued a Limited Review Report with an unmodified opinion on both the unaudited standalone and consolidated financial results.
Key Financial Highlights [Rs. in Lakhs]
Standalone Results:
Revenue from Operations: 11,808 (Q1 FY27) vs. 8,741 (Q1 FY26) — a 35.1% increase YoY.
Total Income: 12,084 (Q1 FY27) vs. 9,013 (Q1 FY26)
Net Profit: 2,141 (Q1 FY27) vs. 1,583 (Q1 FY26) — a 35.2% increase YoY.
EPS: ₹2.66 (Basic and Diluted, not annualized) for Q1 FY27 vs. ₹1.91 for Q1 FY26.
Other Equity: Not specified for the quarter. The audited figure as of March 31, 2026, was ₹64,147 lakhs.
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Consolidated Results:
Revenue from Operations: 12,791 (Q1 FY27) vs. 9,319 (Q1 FY26) — a 37.3% increase YoY.
Total Income: 12,985 (Q1 FY27) vs. 9,557 (Q1 FY26)
Net Profit: 2,074 (Q1 FY27) vs. 1,427 (Q1 FY26) — a 45.3% increase YoY.
Net Profit attributable to owners of the Company: 2,112 (Q1 FY27) vs. 1,487 (Q1 FY26)
EPS: ₹2.63 (Basic and Diluted, not annualized) for Q1 FY27 vs. ₹1.85 for Q1 FY26.
Other Equity: Not specified for the quarter. The audited figure as of March 31, 2026, was ₹64,332 lakhs.
Cash and Cash Equivalents: Not Specified
Debt: Not Specified
Segment-wise Performance [Rs. in Lakhs]:
Standalone (Q1 FY27):
Optics and Optronic Systems: Revenue - 6,890; Segment Result - 2,642
Defence Engineering: Revenue - 4,918; Segment Result - 1,125
Consolidated (Q1 FY27):
Optics and Optronic Systems: Revenue - 6,890; Segment Result - 2,642
Defence Engineering: Revenue - 5,901; Segment Result - 1,220
Corporate Actions:
Dividend: The board recommended a final dividend of ₹1 per equity share (face value ₹5 each), i.e., 20%, for FY26. The record date for determining eligibility is fixed for August 28, 2026, subject to shareholder approval at the 17th Annual General Meeting (AGM). The dividend will be paid within 30 days of AGM approval.
Other Significant Information:
Divestment: The board approved the divestment of the company's entire equity stake of 47.50% (5,22,500 equity shares of ₹10 each) held in its associate company, Krasny Paras Defence Technologies Private Limited. Post-transaction, Krasny Paras will cease to be an associate.
New Investments: During the quarter, the company invested in and made 'Paras Semiconductors Private Limited' and 'Paras Avionics Private Limited' its subsidiaries.
ESOP: The company has an active ESOP 2024 plan. Employee benefits expense for the quarter includes a share-based payment of ₹59 lakhs (standalone) and ₹77 lakhs (consolidated).