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ICRA reaffirms ratings for Paras Defence’s long-term, short-term facilities

17 Jun 2025 Evaluate

Credit Rating Agency -- ICRA has reaffirmed the ratings for the long-term and short-term facilities of Paras Defence and Space Technologies with a change in Outlook from ‘Stable’ to ‘Positive’.

ICRA has reaffirmed Paras Defence’s Long Term - Fund Based-Overdraft and Long Term - Fund Based - Cash Credit rating to ‘A-’(Positive). 

Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions.

Peers
Company Name CMP
Hindustan Aeronaut. 4875.00
Bharat Electronics 367.00
Aequs 245.70
Astra Microwave Prod 1542.75
Axiscades Tech. 1961.90
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