Paras Defence and Space Technologies Limited has officially announced the receipt of a significant domestic order from the DRDO, Ministry of Defence. The contract, valued at approximately Rs. 7.72 Crores (including taxes), is for the development of Ku/C-Band Satellite Communication Phased Array Antennas specifically designed for airborne applications. This development project is slated for completion on or before April 29, 2028.

The order highlights the company’s growing role in indigenous defense electronics and satellite communication technology. Under the terms of the agreement, Paras Defence will focus on the design and development of advanced phased array antennas, which are critical for high-speed communication in aerial platforms. This domestic contract further strengthens the company’s relationship with the Ministry of Defence and underscores its technical capability in handling complex aerospace engineering tasks.

Paras Defence and Space Technologies Limited is a premier Indian private sector enterprise engaged in the design, development, and manufacturing of high-end products for Defence & Space Optics, Defence Electronics, and Heavy Engineering. In 2025, the company expanded its footprint by forming a strategic joint venture with HevenDrones for advanced drone technology and securing an agreement with Northstar, USA, to support air-to-air refueling systems for the Indian Armed Forces. Recent news from late 2025 also includes a major Rs. 46.19 Crore order for anti-drone systems, including drone jammers, from the Ministry of Defence.

For the quarter ended December 31, 2025 (Q3 FY26), the company reported consolidated revenue of Rs. 108.62 Crores, representing a 24.3% YoY increase from Rs. 87.39 Crores in the same quarter of 2024. Net profit for the quarter stood at Rs. 16.85 Crores, growing 21.7% YoY compared to Rs. 13.85 Crores in the corresponding previous year period. The company’s shareholding pattern as of December 2025 shows a stable promoter holding of 53.2%, with institutional interest from entities such as Graviton Research Capital LLP and IRage Broking Services, which have been active in trading the company’s scrip during the 2025-2026 period.