1:2 Stock Split: Defence drone company Paras Defence and Space Technologies Ltd receives an order of Rs 3.95 crore from Ministry of Defence, Government of India
DSIJ Intelligence-1 / 10 Nov 2025/ Categories: Mindshare, Trending
The company has a market cap of over Rs 5,500 crore and has delivered good profit growth of 26 per cent CAGR over the last 5 years.
Paras Defence and Space Technologies Limited's subsidiary, Paras Anti-Drone Technologies Private Limited (Paras Anti-Drone), has received a significant domestic order from the Ministry of Defence, Government of India. The contract is valued at approximately Rs 3.95 crore (including GST) and is for the supply of Anti-Drone Systems, specifically including Radio Frequency (RF) Jammers. This order highlights PARAS's role in supplying advanced defence technology to the Indian government. The company is tentatively scheduled to execute and complete this supply contract by May 2026.
About the Company
Paras Defence and Space Technologies Ltd (PDST) is a leading private Indian company in the defence and space sector. They design, develop, manufacture, and test a wide range of products and solutions for these critical fields. PDST caters to four main areas: Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse (EMP) Protection Solutions. This specialisation allows them to serve a diverse clientele. They supply their products to both government and private entities.
Some of their government clients include prestigious organisations like the Indian Defence Force (IDF), Defence Research and Development Organisation (DRDO), Bharat Electronics Limited (BEL), Indian Space Research Organisation (ISRO), Hindustan Aeronautics Limited (HAL), and various shipyards. In the private sector, they partner with companies like Godrej, Tata Power, Larsen & Toubro, Kirloskar, TCS, and Solar Industries. Their reach extends beyond India as well, with international clients including Israel Aerospace Industries, Rafale Advanced Defence Systems, and Elbit Systems.
According to Quarterly Results, the net sales increased by 11 per cent to Rs 93 crore in Q1FY26 compared to Q1FY25. The company reported net profit of Rs 14 crore in Q1FY26. In its annual results, the net sales increased by 44 per cent to Rs 364.66 crore and net profit increased by 104 per cent to Rs 61.46 crore in FY25 compared to FY24.
The shares of the company have been sub-divided/ split of the existing 1 (one) equity share of face value of Rs 10 each, fully paid up, into two equity shares of face value of Rs 5 each, fully paid up. The ex-date for the stock split was July 04, 2025. The company has a market cap of over Rs 5,500 crore and has delivered good profit growth of 26 per cent CAGR over the last 5 years. The stock is up by 75 per cent from its 52-week low of Rs 401 per share.
Disclaimer: The article is for informational purposes only and not investment advice.