Paras Defence and Space Technologies secures order from DRDO
Paras Defence and Space Technologies (PARAS) said it has received an order from DRDO. The company is valued at about ₹10,646 crore.
What happened
Paras Defence and Space Technologies (PARAS) told the exchanges on 28 September 2026 at 01:07 PM that it has received an order from DRDO.
From the filing: "We are pleased to inform that Paras has received an order from DRDO, Ministry of Defence valued at an approximately Rs. 26. 59 Crores (including taxes)."
Company snapshot
Paras Defence and Space Technologies is a small-cap company in the Capital Goods sector, with a market value of about ₹10,646 crore.
The stock last traded at ₹1,321, against a 52-week range of ₹580.5–₹1,585 (16.7% below the high).
Before this filing the shares had moved −9.2% over the month and +2.5% over three months. Average daily turnover over the last 20 sessions was about ₹132 crore.
Promoters held 53.20% at the end of Q1 FY27. Foreign institutions owned 8.29% and domestic institutions 3.05%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 93 | 14.9 | 3.69 |
| Q2 FY26 | 106 | 20.6 | 2.56 |
| Q3 FY26 | 106 | 18.2 | 2.26 |
| Q4 FY26 | 171 | 34.4 | 4.27 |
| Q1 FY27 | 128 | 21.2 | 2.63 |
What history shows
BCEIE's records show 2 previous order win filings from the company since May 2026.
After those filings, the stock gained 3.0% on average the next trading day and was up 27.6% on average after five days (2 filings with price data).
Across 180 similar disclosures by other Capital Goods companies, shares moved +1.7% on average the next day and +1.5% over five days; 57% of them rose the next day.
Market-wide, 1,858 order win filings with an impact score of 50 or more saw an average next-day move of +0.8%, with 53% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 2 Jun 2026 | Order win | +3.1% | +27.6% |
| 2 Jun 2026 | We are pleased to inform that PARAS has received an order from… | +3.1% | +27.6% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Paras Defence and Space Technologies vs Azad Engineering vs Unime
- Jyoti Global Plast Secures 50.1 Million Rupees Order From Paras Defence And Space Technologies
- Paras Defence Gets ₹26.59 Crore DRDO Order; Shares Fall 1.02%
- Paras Defence (NSE:PARAS) Trading Window Closure Oct 2026
- Despite market crash, Paras Defence shares gain on DRDO order win
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.