Comparison · NSE · data 2026-11-02
Ideaforge Technology Limited vs Paras Defence & Space Technologies Ltd.
In plain words
Size: Paras Defence & Space Technologies Ltd. is about 3.2 times the market value of Ideaforge Technology Limited.
Valuation (P/E): Ideaforge Technology Limited 889.8 vs Paras Defence & Space Technologies Ltd. 95.8.
Return on equity: Paras Defence & Space Technologies Ltd. 12.9% vs Ideaforge Technology Limited -2.8%.
Debt to equity: Ideaforge Technology Limited 0.14 vs Paras Defence & Space Technologies Ltd. 0.04.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IDEAFORGE | PARAS | |
|---|---|---|
| Price | ₹640.75 | ₹1,238 |
| Market cap | ₹3,126 cr | ₹10,072 cr |
| P/E | 889.8 | 95.8 |
| P/B | — | 13 |
| ROE | -2.8% | 12.9% |
| ROCE | -6.0% | 15.3% |
| Debt / equity | 0.14 | 0.04 |
| Operating margin | -7.5% | 22.8% |
| Dividend yield | 0.00% | 0.08% |
| Sales growth, 3 years (yearly) | 6.7% | 28.9% |
| Profit growth, 3 years (yearly) | — | 34.7% |
| 1-year return | 31.2% | 74.1% |
| Revenue, last 12 months | ₹282 cr | ₹557 cr |
| Net profit, last 12 months | ₹4 cr | ₹104 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹-3 cr | ₹30 cr |
| Quarter profit vs a year earlier | — | +46.8% |
| Promoter holding | 25.25% | 53.20% |
| Health check | Weak (3.4/10) | Strong (7.6/10) |
Common questions
Which has a higher P/E, Ideaforge Technology Limited or Paras Defence & Space Technologies Ltd.?
Ideaforge Technology Limited trades at the higher P/E (889.8 against 95.8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Paras Defence & Space Technologies Ltd. (12.9% against -2.8%).
Which carries more debt?
Ideaforge Technology Limited has the higher debt-to-equity ratio (0.14 against 0.04).