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Paras Defence and Space Technologies Limited designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally. The company provides rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test equipment. It also offers diffractive gratings, Zerodur and metal mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP structures, lens barrels, and ultra-precision manufacturing products; rugged wired cabinets, shielded doors, honey comb filters, turnkey indigo simulator systems, submarine winches, titanium assemblies, and acoustic and magnetic sensing products, as well as naval electronic time fuze, naval chart, other software modules, and transducer positioning systems and platforms; high performance embedded computing systems, substitution sub-systems, tank imaging components and sub-assemblies, turret stabilizations, tri-pods and quadri-pods, and red dot reflex sight products; and heavy duty antenna mechanical structures, rugged cots systems, data/video/image processing systems, and active array cooling assemblies, as well as software development and system integration services. In addition, the company provides Electro-Magnetic Pulse (EMP) shielded rooms and control centers, anechoic shielded chambers, shielded doors, racks and cabinets, shielded air vents and windows, filters, EMP hardened products, and anechoic shielded chambers, as well as turnkey EMP projects. The company was formerly known as Paras Flowform Engineering Limited and changed its name to Paras Defence and Space Technologies Limited. The company was incorporated in 2009 and is headquartered in Navi Mumbai, India.

Paras Defence and Space Technologies Dividend Announcement

Paras Defence and Space Technologies does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Paras Defence and Space Technologies dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Paras Defence and Space Technologies Dividend History

Paras Defence and Space Technologies Dividend Yield

Paras Defence and Space Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Paras Defence and Space Technologies stock? Use our calculator to estimate your expected dividend yield:

Paras Defence and Space Technologies Financial Ratios

P/E ratio88.25
PEG ratio75.19
P/B ratio8.46
ROE10.14%
Payout ratio0.00%
Current ratio2.38
Quick ratio1.59
Cash Ratio0.01

Paras Defence and Space Technologies Dividend FAQ

Does Paras Defence and Space Technologies stock pay dividends?
Paras Defence and Space Technologies does not currently pay dividends to its shareholders.
Has Paras Defence and Space Technologies ever paid a dividend?
No, Paras Defence and Space Technologies has no a history of paying dividends to its shareholders. Paras Defence and Space Technologies is not known for its dividend payments.
Why doesn't Paras Defence and Space Technologies pay dividends?
There are several potential reasons why Paras Defence and Space Technologies would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Paras Defence and Space Technologies ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Paras Defence and Space Technologies has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Paras Defence and Space Technologies a dividend aristocrat?
Paras Defence and Space Technologies is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Paras Defence and Space Technologies a dividend king?
Paras Defence and Space Technologies is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Paras Defence and Space Technologies a dividend stock?
No, Paras Defence and Space Technologies is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Paras Defence and Space Technologies stocks?
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