Paras Defence and Space Technologies Ltd has secured a fresh defence order worth ₹26.60 crore from the Opto Electronics Factory (OLF), a unit of India Optel Ltd. The order involves the supply of advanced Electronic Control Systems for battle tanks, further strengthening the company’s role in India’s defence manufacturing ecosystem.
Key Details of the ₹26.6 Crore Contract
The new order will be executed between December 2025 and September 2026. It includes the supply of critical components such as:
- Control Panels for Ballistic Computers
- Ballistic Computers
- Gun Positioning Systems
These systems are vital parts of Thermal Imaging Fire Control Systems (TIFCS), which significantly enhance the targeting precision of battle tanks in combat.
Strengthening the Order Book
With this new contract, Paras Defence’s order book has expanded as follows:
| Particulars | Value (₹ Crores) |
| Existing Orders | 115.03 |
| New Order | 26.60 |
| Total Order Book | 141.63 |
The rise in total order value underscores the increasing trust placed in Paras Defence’s technological expertise and execution capability.
Why This Contract Matters
This contract highlights Paras Defence’s contribution to the modernisation of India’s defence systems. By supplying advanced TIFCS components, the company is directly supporting the Indian Army’s operational readiness and precision in combat.
Moreover, as this is a domestic order, it aligns with the government’s “Make in India” initiative, which focuses on reducing import dependency and building indigenous defence capabilities.
Stock Market Performance of Paras Defence
Investor confidence in Paras Defence has been reflected in its stock price over the years. The company has consistently delivered strong returns:
- 1-Day: +2.94%
- 6-Months: +46.99%
- 1-Year: +14.44%
- 5-Years: +167.98%
This growth trajectory highlights Paras Defence’s ability to secure high-value contracts and deliver on them effectively, positioning it as a reliable player in the Indian defence manufacturing sector.
Outlook
The new order strengthens Paras Defence’s standing in strategic defence electronics. With a growing order book, steady financial performance, and strong demand for indigenous defence solutions, the company is expected to play a bigger role in India’s defence modernisation drive over the coming years.
Summary
- New Order: ₹26.6 crore contract from Opto Electronics Factory for Electronic Control Systems.
- Execution Timeline: December 2025 – September 2026.
- Technology Involved: Thermal Imaging Fire Control Systems for tanks.
- Order Book: Expanded to ₹141.63 crore.
- Strategic Significance: Supports “Make in India” and strengthens tank accuracy in combat.
- Stock Performance: +167% in 5 years, reflecting strong investor confidence.
Disclaimer:
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