Did a small write on Paras Defence – Betting on Space [Part 3]: Paras Defence talking about the business, pros and cons.
PE of 84 looks high, defence stocks have been extremely hot.
- I would like to see more drone business flowing to the company.
- The company talks about EMP protection solution, but I am not sure how much $$ they’re generated from this. It has applications in Defence, Space, Banking, etc.
- Return ratios, operating margins, revenue growth CAGR – would like to see all these 3 metrics grow
Waiting for a correction, to buy into this company.
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