Paras Defence Space Tech
736.10
-17.30(-2.30%)
Market Cap₹6,071.40 Cr
PE Ratio88.70
Company Performance:
1D-2.30%
1M+3.46%
6M-13.80%
1Y+53.78%
5Y+198.95%
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More news about Paras Defence Space Tech
16Oct 25
Paras Defence Expands into Drone Manufacturing with New Subsidiary
Paras Defence & Space Technologies Limited (PDSTL) has incorporated a new subsidiary, Paras Heven Advanced Drones Private Limited (PHADPL), on October 15, 2025. PHADPL will focus on manufacturing logistics and cargo drones for defense and civil markets. PDSTL holds a 51% stake in the new company, having invested ₹51,000 for 5,100 shares. The subsidiary has an authorized and paid-up capital of ₹1,00,000, with 10,000 equity shares of ₹10 face value each. This strategic move marks PDSTL's expansion into the growing drone technology sector.
14Oct 25
Paras Defence Partners with Cielo Inertial Solutions for Inertial Sensors Development
Paras Defence & Space Technologies Limited has formed a strategic partnership with Israeli company Cielo Inertial Solutions Limited. The collaboration, formalized through an MoU, focuses on joint development of inertial sensors and closed loop Fiber Optic Gyroscope solutions. The partnership aims to enhance sales and production capabilities in India for advanced technologies including Inertial Sensors, Closed Loop FOGs, IMUs, GyroCompass systems, North Finding Systems, and Inertial Navigation Systems. This collaboration is expected to boost India's capabilities in high-precision navigation and sensing technologies, enhance domestic production of advanced defense and space-related components, and facilitate technology transfer between Indian and Israeli firms.
07Oct 25
Paras Defence Subsidiary Lands ₹46.19 Crore Anti-Drone Contract from Defence Ministry
Paras Anti-Drone Technologies, a subsidiary of Paras Defence & Space Technologies, has won a ₹46.19 crore contract from the Ministry of Defence to supply advanced anti-drone systems, including drone jammers, to the Indian armed forces. The contract is to be executed by March 2026. The indigenous systems are designed to neutralize hostile drones in real-time, addressing critical security concerns. This aligns with the government's Atmanirbhar Bharat initiative. Despite the contract win, Paras Defence shares were trading down 1.29% at ₹713.85 on the NSE at the time of reporting.
03Oct 25
Paras Defence Subsidiary Secures ₹46.19 Crore Anti-Drone Systems Contract from Defence Ministry
Paras Anti-Drone Technologies Private Limited, a subsidiary of Paras Defence & Space Technologies, has won a contract worth ₹46.19 crore from the Ministry of Defence, Government of India. The order is for supplying anti-drone systems, including drone jammers, with delivery scheduled to be completed by March 2026. This contract highlights the company's capabilities in anti-drone technology and its growing presence in the defense sector.
26Sept 25
Paras Defence Secures ₹34 Crore International Order for Electro-Optics Equipment
Paras Defence & Space Technologies has received an international order worth approximately $3.8 million (₹34.00 crore) from Elbit Security Systems Limited, Israel. The contract is for supplying Electro-Optics equipment, to be executed between February 2026 and November 2026. This order marks a significant milestone for the Indian company in the global defence market, showcasing its competitiveness in high-tech defence equipment. Paras Defence has confirmed that the deal involves no related party transactions, and the promoter group has no interest in Elbit Security Systems Limited.
12Sept 25
Paras Defence Secures Rs. 26.6 Crore Incremental Order for Battle-Tank Electronic Control Systems
Paras Defence & Space Technologies has received incremental orders worth Rs. 26.60 crores from the Ministry of Defence's Opto Electronics Factory for supplying Electronic Control Systems used in Thermal Imaging Fire Control Systems for Battle-Tank applications. This brings the total revised order value to Rs. 141.63 crores, with execution scheduled from December 2025 to September 2026. The order includes components like Control Panel for Ballistic Computer, Ballistic Computer, and Gun Positioning System, supporting India's defense capabilities and domestic manufacturing focus.
01Sept 25
Paras Defence Eyes Submarine Periscope Contracts for Growth with Rs 928 Crore Order Book
Paras Defence and Space Technologies, the sole manufacturer of indigenously developed submarine optronic periscopes in the Asia-Pacific region, is focusing on submarine periscope contracts for future growth. The company's Optics & Optronics segment has shown significant growth, with revenue increasing from Rs 66.00 crore in FY24 to Rs 177.00 crore in FY25, accounting for 48% of overall revenue. Paras Defence has a total order book of Rs 928.00 crore, with Rs 120.00 crore from the submarine periscope segment. The company expects minimal domestic competition due to its technological advantage and anticipates increased order values for submarine periscopes in the coming years.
21Aug 25
Paras Defence Secures ₹45.32 Crore Order from BEL, Reports Mixed Q1 Results
Paras Defence & Space Technologies has received a ₹45.32 crore order from Bharat Electronics Limited for air defence applications. The company also signed a partnership with Germany's High Performance Space Structure Systems GmbH. In Q1, Paras Defence reported revenue growth of 11.50% to ₹93.20 crore, while net profit remained flat at ₹15.00 crore. EBITDA decreased by 8.70% to ₹22.00 crore, with margins declining to 23.60%. Both Optics and Optronic Systems and Defence Engineering segments showed growth. Despite the new order, the company's shares closed down 0.80% at ₹675.00.
08Aug 25
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.
Paras Defence Space Tech
736.10
-17.30
(-2.30%)
1 Year Returns:+53.78%
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