Paras Defence Receives ₹46.19 Crore Order from Ministry of Defence for Anti-Drone Systems; Share Price in Focus

Paras Defence and Space Technologies Limited has announced that its subsidiary, Paras Anti-Drone Technologies Private Limited, has been awarded an order by the Ministry of Defence, Government of India, valued at ₹46.19 crore (including GST). This order is for the supply of Anti-Drone Systems such as Drone Jammers, marking a significant milestone for the company.

Details of the Ministry of Defence Order

The order pertains to the supply of advanced Anti-Drone Systems, including Drone Jammers, designed to combat the growing threat posed by unmanned aerial vehicles (UAVs). The total value of the order, including Goods and Services Tax (GST), stands at ₹46.19 crore. This order was awarded by the Ministry of Defence, underscoring the increasing focus on security solutions in India.

The expected timeline for the completion of this order is March 2026, with Paras Defence and Space Technologies committing to supply the systems within this period. This order is a testament to the company's expertise in the defence and aerospace sector, particularly in the field of counter-drone technology.

Domestic Order and Strategic Importance

Notably, the order is a domestic one, awarded by the Government of India, which enhances the strategic importance of the contract for Paras Defence. The company’s ability to secure such significant orders reflects its growing presence in the defence sector, particularly in high-tech solutions like Anti-Drone Systems. This development is expected to further solidify Paras Defence's position in the Indian defence industry.

Read More: Paras Defence & Space Tech Wins $3.8 Million Order from Elbit Security; Share Price in Focus!

Impact on Paras Defence and Future Prospects

The receipt of this order from the Ministry of Defence is a strong endorsement of Paras Defence's technological capabilities. It signals the company's increasing relevance in the defence sector, particularly in the evolving field of drone security. The substantial order size also provides a positive outlook for Paras Defence's revenue growth, especially as the global demand for anti-drone systems continues to rise.

Paras Defence and Space Technologies Share Price Performance

On October 3, 2025, Paras Defence and Space Technologies share price opened at ₹697.90 on NSE, above the previous close of ₹691.05. During the day, it surged to ₹714.70 and dipped to ₹695.00. The stock is trading at ₹713.90 as of 9:48 AM. The stock registered a significant gain of 3.31%.

Over the past week, it has moved up by 2.75%, over the past month, it has moved up by 7.25%, and over the past 3 months, it has declined by 15.83%.

Conclusion

Paras Defence and Space Technologies Limited’s subsidiary, Paras Anti-Drone Technologies, has secured a ₹46.19 crore order for Anti-Drone Systems from the Ministry of Defence, India. The successful execution of this contract will further establish the company as a key player in the country’s defence and aerospace sector, with significant growth potential in the future.

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