Paras Defence wins Rs 39.6 cr MoD orders for counter-drone systems and RF jammers

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Paras Defence secured an order worth about Rs 35.68 crore from the Ministry of Defence for Portable Counter-Drone Systems, to be delivered by May 2026. Its subsidiary Paras Anti-Drone Technologies also received a separate Rs 3.95 crore MoD order for RF Jammers. Total combined value is around Rs 39.6 crore. The CEO said these are the company's second and third MoD engagements within two months, reflecting growing trust in indigenous counter-UAV capabilities.

Likely market impact

Positive — back-to-back MoD orders strengthen order book and reinforce position in India's expanding counter-drone and electronic warfare segments.