Paras Defence Partners with German Firm to Develop Satellite Antenna Systems
Paras Defence & Space Technologies has signed a teaming agreement with Germany's HPS GmbH to co-develop deployable antenna reflector systems for satellites in India. The collaboration aims to reduce India's dependence on international suppliers for this critical technology. The partnership will focus on creating unfurlable antenna reflectors for various satellite applications, including satellite internet, Earth imaging, disaster response, and military communications. Paras Defence will be the primary customer interface, while HPS GmbH will provide design and manufacturing support from Germany. This initiative represents one of the first private sector efforts in India to develop deployable reflector technology domestically, aiming to enhance the country's self-sufficiency in satellite technology.
06Aug 25
Paras Defence Forges Strategic Alliance with German Firm HPS for Advanced Space Antenna Technology
Paras Defence & Space Technologies has entered into a teaming agreement with High Performance Space Structure Systems GmbH (HPS) to develop Unfurlable/Deployable Antenna Reflector Subsystems for space applications in India. The partnership includes exclusive collaboration for two years, focusing on reflector and arm assembly, Hold Down and Release Mechanism, thermal hardware, and deployment electronics. The agreement aims to enhance India's capabilities in space technology, particularly in advanced antenna systems.
28Jul 25
Paras Defence Shares Tumble 13% as Q1 Profit and Revenue Decline
Paras Defence & Space Technologies experienced a 13% drop in share price over two sessions after releasing its Q1 FY2026 results. The company reported a 25% decrease in net profit to Rs 14.30 crore and a 14% decline in revenue to Rs 93 crore compared to the same quarter last year. Operating profit fell by 9.13% to Rs 21.90 crore, with the operating profit margin decreasing to 23.48%. Despite recent declines, the stock maintains a 40% year-to-date return.
25Jul 25
Paras Defence Announces Rs 0.50 Dividend, Reports Strong Q1 Results
Paras Defence & Space Technologies has announced a final dividend of Rs 0.50 per share for FY2024-25, with the record date set for August 8, 2025. The company's Q1 FY2025-26 results show an 11.51% YoY increase in revenue to Rs 9,319 lakhs, with a slight 1.13% increase in net profit to Rs 1,427 lakhs. The Optics and Optronic Systems segment generated Rs 4,250 lakhs, while the Defence Engineering segment contributed Rs 5,069 lakhs. Management expressed satisfaction with the company's performance and future outlook.
25Jul 25
Paras Defence Reports Q1 Revenue Growth, Sets AGM Date and Dividend Record Date
Paras Defence & Space Technologies Limited reported a 12.64% year-over-year revenue growth in Q1, with standalone revenue reaching ₹8,741.00 lakhs. However, profit slightly decreased to ₹1,543.00 lakhs. The company scheduled its 16th AGM for August 21 and set August 8 as the record date for a proposed dividend of ₹0.50 per share. The Board approved material related party transactions and the re-appointment of Mr. Sharad Virji Shah as a director.
24Jul 25
Paras Defence to Announce Q1 Results on July 25; Stock Surges 59.59% YTD
Paras Defence & Space Technologies Ltd (PDSTL) will reveal its Q1 financial results on July 25. The company's Board of Directors will approve standalone and consolidated unaudited results. PDSTL, specializing in defence sector verticals, showed strong Q4 FY25 performance with 117% YoY growth in consolidated net profit and 31.80% increase in total income. The stock has seen significant long-term gains, with 50.63% growth over six months and 59.59% year-to-date returns, despite recent short-term declines. PDSTL shares were trading at ₹802.60, up 0.60% in the latest session.