Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results

Audit Opinion:

The Statutory Auditors, CHATURVEDI & SHAH LLP, issued Limited Review Reports with unmodified opinion on both standalone and consolidated financial results.

Key Financial Highlights [Rs. in Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,732 (vs ₹10,272 in Q2 FY26 - +43% YoY; vs ₹11,808 in Q1 FY27 - +25% QoQ)
  • Total Income: ₹15,086
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹3,043 (vs ₹2,226 in Q2 FY26 - +37% YoY; vs ₹2,141 in Q1 FY27 - +42% QoQ)
  • EPS: ₹3.78 (Basic and Diluted, not annualized)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹26,540 (vs ₹19,013 in H1 FY26 - +40% YoY)
  • Total Income: ₹27,130
  • Net Profit: ₹5,184 (vs ₹3,769 in H1 FY26 - +38% YoY)
  • EPS: ₹6.43 (Basic and Diluted, not annualized)

Balance Sheet Position as at September 30, 2026:

  • Paid-up Equity Share Capital: ₹4,029 (Face Value: ₹5 per share)
  • Other Equity: ₹72,860 (vs ₹68,331 as at March 31, 2026)
  • Cash and Cash Equivalents: ₹2,100 (vs ₹1,559 as at March 31, 2026)
  • Total Debt: Not explicitly disclosed
  • Total Assets: ₹1,06,774 (vs ₹91,912 as at March 31, 2026)

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹15,112 (vs ₹10,572 in Q2 FY26 - +43% YoY; vs ₹12,791 in Q1 FY27 - +18% QoQ)
  • Total Income: ₹15,306
  • Net Profit: ₹3,056
  • Net Profit attributable to owners: ₹3,090
  • EPS: ₹3.76 (Basic and Diluted, not annualized)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹27,903 (vs ₹19,891 in H1 FY26 - +40% YoY)
  • Total Income: ₹28,319
  • Net Profit: ₹5,130
  • Net Profit attributable to owners: ₹5,152
  • EPS: ₹6.39 (Basic and Diluted, not annualized)

Consolidated Balance Sheet as at September 30, 2026:

  • Paid-up Equity Share Capital: ₹4,029
  • Other Equity: ₹73,021
  • Total Equity: ₹77,007
  • Cash and Cash Equivalents: ₹2,691 (vs ₹2,535 as at March 31, 2026)
  • Total Assets: ₹1,09,063 (vs ₹96,470 as at March 31, 2026)

Segment-wise Performance [Rs. in Lakhs]:

Standalone Segment Revenue (Q2 FY27):

  • Optics and Optronic Systems: ₹7,465 (vs ₹3,808 in Q2 FY26 - +96% YoY)
  • Defence Engineering: ₹7,267 (vs ₹6,428 in Q2 FY26 - +13% YoY)

Standalone Segment Results (Q2 FY27):

  • Optics and Optronic Systems: ₹4,501
  • Defence Engineering: ₹542

Consolidated Segment Revenue (Q2 FY27):

  • Optics and Optronic Systems: ₹7,465
  • Defence Engineering: ₹7,647

Consolidated Segment Results (Q2 FY27):

  • Optics and Optronic Systems: ₹4,501
  • Defence Engineering: ₹688

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities were announced in this board meeting.

Other Significant Information:

Entities included in consolidation:

  • Subsidiaries: Paras Aerospace Private Limited, Paras Anti Drone Technologies Private Limited, OPEL Technologies PTE Ltd (Singapore), Mechtech Thermal Private Limited, Quantico Technologies Private Limited, Paras Avionics Private Limited, Paras Semi-conductors Private Limited, O Paras Heven Advanced Drones Private Limited
  • Associates: Krasny Paras Defence Technologies Private Limited, Controp Paras Technologies Private Limited, Himanshi Thermal Solution Private Limited

Cash Flow Highlights (Standalone H1 FY27):

  • Net cash from operating activities: ₹9,536
  • Net cash used in investing activities: ₹(5,981)
  • Net cash used in financing activities: ₹(3,013)
  • Net increase in cash: ₹542

Cash Flow Highlights (Consolidated H1 FY27):

  • Net cash from operating activities: ₹8,644
  • Net cash used in investing activities: ₹(5,683)
  • Net cash used in financing activities: ₹(2,804)
  • Net increase in cash: ₹157

Notes:

  • Figures for previous periods have been rearranged/regrouped for comparability
  • Exceptional items for year ended March 31, 2026, related to divestment of 58.02% stake in subsidiary Ayatti Innovative Private Limited
  • One subsidiary's results were reviewed by other auditors (total assets: ₹1,189 lakhs, revenue: ₹706 lakhs for Q2 FY27)
  • Three associates' financial information was unreviewed/unaudited but considered immaterial to the group