Paras Defence wins ₹26.59 crore DRDO order for hyperspectral mission payload
As filed · We are pleased to inform that PARAS has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, valued at approximately Rs.26.59 crore (including taxes)
What happened
FactParas Defence and Space Technologies received a domestic order from DRDO, Ministry of Defence, valued at approximately ₹26.59 crore including taxes. The company will act as Lead System Integrator and deliver the design, analysis, fabrication, manufacturing and assembly of an optics and opto-mechanical unit for a hyperspectral mission, with delivery due on or before September 27, 2027.
Why it matters
CapitSignal interpretationAn order converts to revenue over its execution period, so its size relative to existing revenue decides whether it changes the trajectory or is routine flow.
Scale
- 6.4% of FY26 revenue
₹26.59 Cr stated in the filing against ₹416.54 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
Watch next
Fact- Execution period stated in the order
- Whether the order book total is disclosed
- Margin commentary at the next results
- it also aligns with the country’s Make in India and Defence Production & Export Promotion Policy goals of achi (management committed by FY25)
Evidence
How CapitSignal classified this
- Reasoning:
- The order adds a defence-space systems contract and positions Paras Defence as Lead System Integrator for a payload with potential Earth Observation utilisation. The filing does not provide the order’s contribution relative to the company’s existing financials.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%