Paras Defence & Space Technologies Limited has announced significant order wins from the Ministry of Defence, Government of India. The company has been awarded contracts totaling ₹39.63 crores for counter-drone systems, marking a notable development in India's defense technology sector.

Order Details

Strategic Implications

These orders underscore the growing importance of counter-drone technology in modern defense strategies. As unmanned aerial vehicles (UAVs) become more prevalent in both civilian and military applications, the need for effective counter-measures has increased significantly.

Company's Recent Activities

Paras Defence has secured two separate orders:

1. A ₹35.68 crore order for Portable Counter-Drone Systems awarded to Paras Defence and Space Technologies Limited.
2. A ₹3.95 crore order for RF Jammers (Integrated Drone Detector Jammer) awarded to its subsidiary, Paras Anti-Drone Technologies Private Limited.

Notably, these represent the company's second and third engagements with the Ministry of Defence within a two-month period, highlighting the company's growing presence in the defense technology sector.

Execution Timeline

Both orders have the same execution timeline, with completion expected by May 2026.

Alignment with National Initiatives

These orders are part of India's expanding counter-UAV ecosystem and align with the government's Atmanirbhar Bharat vision for self-reliance in defence technology.

The consecutive order wins demonstrate Paras Defence's growing footprint in the defense technology sector, particularly in the critical area of counter-drone systems. As geopolitical tensions and technological advancements continue to shape defense strategies worldwide, companies like Paras Defence are positioning themselves at the forefront of this evolving landscape.

The successful execution of these orders could potentially strengthen Paras Defence's position in the defense technology market and may lead to further opportunities in this specialized sector.

Paras Defence & Space Technologies has announced that its subsidiary, Paras Anti-Drone Technologies Private Limited, has secured a significant order from the Ministry of Defence, Government of India. The order, valued at approximately ₹3.95 crore (including GST), is for the supply of anti-drone systems, specifically Radio Frequency (RF) Jammers.

Order Details

Project Significance

This order marks an important step in India's efforts to enhance its defense capabilities, particularly in the rapidly evolving field of drone technology. Anti-drone systems are crucial for protecting sensitive areas and infrastructure from potential threats posed by unauthorized drones.

Company Background

Paras Defence & Space Technologies, through its subsidiary Paras Anti-Drone Technologies Private Limited, has demonstrated its capability to provide advanced technological solutions for national defense. This order underscores the company's role in supporting India's defense modernization efforts.

Market Implications

The securing of this order may be viewed positively by investors, as it demonstrates the company's ability to win government contracts in the strategic defense sector. It also highlights the growing importance of anti-drone technology in modern defense systems.

Disclosure and Compliance

The company has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure provides transparency to shareholders and the market regarding this significant development.

As the project progresses towards its tentative completion date in May 2026, stakeholders will likely keep a close eye on its execution and any potential follow-up orders in this critical area of defense technology.