LNPR Capital® Profile picture
Jun 30 25 tweets 7 min read
Paras Defence and Space Technologies Analysis!!
#Parasdefence

A detailed thread 🪡🧵
#StockMarket #Investing
About -

Paras Defence & Space Technologies is into designing, developing, manufacturing & testing a wide range of defence & space engineering products and solutions. It has 2 mfg. facilities in Maharashtra. It's main vertical is optics that services the military & space sectors.
They are one of the leading Indigenously Designed Developed & Manufactured company in India which caters to 4 major segments of Indian defence
sector i.e. defence and space optics, defence electronics, electro-magnetic pulse “EMP” protection solution & heavy
engineerin.
Location wise breakup -

Paras Defence earns 87.5% of their revenue from India, 12.5% from other countries.
Financial Summary -
Q4 FY22 (YoY)

Revenue ⬇️26%
PAT ⬇️44%
EPS ⬇️57%
Revenue breakup -

Paras earns 43.6% of it's revenue form Heavy Engeneering, 34.6% from Defence & Space Optics, 21.6% from Defence Electronics & EMP protection solution.
▪️ Heavy Engeneering

Under heavy engineering for defence operations category, they provide mechanical manufacturing support to other verticals
of their business. In addition, under this vertical, they provide heavy engineering products & solutions such as:
▪️ Defence & Space Optics

They manufacture high end optics for defence and space applications such as:
▪️ Defence Electronics

Company provide a wide array of computing and electronic systems for defence
applications such as:
▪️EMP Protection Solutions

EMP protection solutions include designing, developing, manufacturing & commissioning various solutions for EMP
protection, such as:
▪️Niche Technologies

As part of this vertical, company aim to source technologies from their exclusive partners in various countries & manufacture products
for clients in India & abroad. Some of the current products we offer are:
Customers -

They have long standing relationships with most of their customers, their customers includes Hindustan Aeronautics, Bharat Electronics, TCS, Solar Industries, & many others. They also service international customers Green Optics (South Korea), Chaban (Israel), etc.
Manufacturing Facilities -

They have 2 manufacturing facilities located at Ambernath in Thane, Maharashtra & Nerul in Navi
Mumbai, Maharashtra each facilities have the ability to manufacture a wide range of products.
It provides the company the necessary flexibility to cater to changing demands in the market, thereby avoiding dependence on any one product category.
R&D Infrastructure -

Co has two R&D centres in Maharashtra & Karnataka employing
30 engineers & officers, to undertake research, develop and experiment new designs,technologies and equipment.
They are also constantly exploring opportunities to collaborate with leading overseas technology companies around the world,
which among others benefits allows them to enhance R&D.
Industry Outlook -

Indian Space Industry:

The Indian space sector has been globally recognised for building cost-effective satellites, launching lunar probes & taking foreign satellites to space.
The global space economy is estimated at ~US$ 423 billion. Currently, India constitutes 2-3% of the global space economy and is expected to enhance its share to >10% by 2030 at a CAGR of 48%.
Indian Defence Industry:

India’s defence manufacturing sector has been witnessing a CAGR of 3.9% between 2016-20. The Indian Govt. has set defence production target at US$ 25 billion by 2025 (including US$ 5 billion from exports by 2025).
India ranked 19th in the list of top defence exporters in the world by exporting defence products to 42 countries.
Strength -

• Paras provides wide range of products & solutions for both defence & space applications.

• They're one of the few players in high precision optics manufacturing for space and defence application in India.

• Strong R&D capabilities with a focus on innovation.
• They're well positioned to benefit from the Government’s "Atmanirbhar Bharat" & "Make in India" initiatives.

• Strengthening foothold in India’s expanding market.

• Diversify our products and solutions range, with focus on growth by expansion into opportunistic areas.
Risks -

• Decline or reprioritisation of the Indian defence or space budget, changes
in GoI entities defence/space requirements, reduction in orders will have a material adverse impact on
its business.

• Fixed price contracts may result in cost overruns.
• Any failure to comply with the provisions of the contracts entered with customers, especially the GoI Entities,
could have an adverse effect on business operations & financial conditions.
Conclusion -

Modernization of Indian Defence sector & ISRO’s efforts to enable domestic participants to outsource
space systems manufacturing may set to be a major growth driver for Paras Defence.

Please 🙏 like 👍,comment & retweet ♻️ if you find this useful.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with LNPR Capital®

LNPR Capital® Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @LnprCapital

Jun 28
Hero Motocorp Ltd Analysis !!
#HMCL

A detailed thread below 🪡🧵
#StockMarket #Investing
About -

Hero MotoCorp Ltd, formerly Hero Honda, is an Indian multinational motorcycle and scooter manufacturer headquartered in New Delhi. The company is one of the largest two-wheeler manufacturers in the world. It has 8 mfg. units, 6 in India & 1 each in Columbia & Bangladesh
The company offers motorcycles in all the 3 major
segments— HF Deluxe, HF 100 in entry, Splendor, Passion & Glamour in executive, Xtreme & Xpulse in premium. It also sells Maestro
Edge, Destini & Pleasure in the un‐geared scooters segment.
Read 13 tweets
Jun 24
MEGHMANI FINECHEM LTD Analysis !!
#MFL 🧪🧪

A detailed thread below 🪡🧵
#StockMarket #Investing
About -

Meghmani Finechem Limited (MFL) is part of the Ahmedabad based Meghmani Group. It was incorporated in 2007 as a subsidiary of Meghmani Organics Ltd (MOL) but was demerged in April 2021. The co is primarily engaged in manufacturing & selling of Chlor Alkali & its
Derivatives with backward & forward integration facilities & also engaged in trading of Agrochemical products.

Financial Summary -
Q4FY22 (YoY)

Revenue at ₹ 501cr ⬆️94%
PAT at ₹99cr ⬆️202%
EPS at ₹23.85 ⬆️325%
Read 14 tweets
Jun 22
GARWARE HI-TECH FILMS Analysis !!
#GRWRHITECH

A detailed thread below 🪡🧵
#StockMarket #Investing Image
About -

Garware Hi-tech Ltd (GHL) founded in 1981 has been one of the leaders in the specialty polyester films industry both in India as well as in international markets. It exports to over 80+ countries that contributes almost 3/4th of its revenues. Image
• Co is 3rd largest brand for SunControl films in leading markets like US, Europe & Middle East.

• Only manufacturer of Paint Protection & Suncontrol Films in India.

• Market leader with more than 90% market share in shrink film manufacturing in India.
Read 25 tweets
Jun 12
Action Construction Equipment Ltd Analysis !!
#ACE

A detailed thread below 🪡🧵
#StockMarket #Investing
About -

ACE was established in 1995 by Mr Vijay Agarwal who has over 50 years of industry experience & is
run by a team of experienced professionals.

• ACE is an established & reputed brand with a significant presence across diversified sectors like
Construction,
Infrastructure, Manufacturing, Logistics and Agriculture.

• The co is the world’s largest Pick & Carry cranes manufacturer with over 63% market share in the Mobile cranes segment & a majority market share of more than 60% in Tower Cranes segment domestically.
Read 24 tweets
Jun 5
PI Industries Ltd Analysis !!
#PIIndustries

A detailed thread below 🪡🧵
#StockMarket #Investing
About -

Incorporated in 1947, PI Industries provides complex chemistry solutions in agri & pharma sciences. Over the years, the Co has successfully leveraged its capabilities across the Agri-sciences value chain by providing integrated and innovative solutions to its customers
by partnering with the best. Co has formed partnerships with leading companies globally where it provides solutions across the fields of R&D, regulatory services, manufacturing services, application development, marketing, distribution & customer connect initiatives.
Read 25 tweets
May 27
ALLCARGO LOGISTICS Analysis !!
#Allcargo

A detailed thread below 🪡🧵
#StockMarket #Investingg
About -

Allcargo Logistics Ltd. (ALL) provides logistics services such as Non-Vessel Owning Common Carrier (NVOCC), Container Freight Station(CFS), Inland Container Depot (ICD), warehousing, coastal shipping, express logistics, project logistics and equipment leasing.
Financial Summary -
Q4 FY22 (YoY)

Revenue were at ₹ 5786 Cr vs 3360 Cr
PBT at ₹ 337 Cr vs 97 Cr
PAT at ₹ 241 Cr vs 6 Cr
Read 25 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(