Mumbai | September 27, 2025 — Paras Defence and Space Technologies Ltd has announced that it has secured a fresh export order valued at approximately USD 3.8 million (₹34 crore) from Israel’s Elbit Systems, one of the world’s leading defence OEMs.
Order Scope
The order relates to Electro-Optics systems, a specialised product line that Paras Defence has been steadily expanding in recent years. The company said the order is to be executed over the coming quarters, with delivery milestones expected to stretch into FY26.
In rupee terms, the order is pegged at ₹34 crore, reinforcing Paras Defence’s positioning in high-value niche segments of India’s defence manufacturing ecosystem.
Strategic Significance
Elbit Systems is among the most established Israeli defence companies with a long history of partnerships in India. Paras Defence has earlier supplied critical sub-systems and components for Israeli-origin projects, including UAV payloads and optics.
This repeat order strengthens the company’s export credibility and aligns with India’s growing defence cooperation with Israel.
Export Momentum
Exports have become a growing share of Paras Defence’s revenue mix. In recent years, the company has consistently highlighted its Electro-Optics vertical as a growth driver, alongside space optics and defence electronics.
Analysts tracking the company suggest that recurring orders from OEMs like Elbit not only support near-term earnings visibility but also improve Paras’s credentials for larger global bids in the future.
What to Watch
- Execution Timelines: Delivery schedule into FY26 and potential for repeat/add-on orders.
- Export Mix: Whether exports can rise as a % of overall revenue in FY26.
- Pipeline: The company’s bid book with other foreign OEMs, especially in Europe and Southeast Asia.
Outlook
The Elbit order highlights Paras Defence’s ability to secure repeat business from global defence majors. With Electro-Optics emerging as a core strength, the company’s export-led momentum is likely to be a key driver for valuations in the medium term.
| Metric | Value | Comment |
|---|---|---|
| LTP | ₹699.00 | Down today |
| Change | −₹11.50 / −1.62% | Negative |
| Open vs Prev Close | ₹713.80 vs ₹710.50 | Slight gap-up |
| Intraday Range | ₹723.75 – ₹690.00 | Volatile session |
| 52-Wk Range | ₹404.70 – ₹972.50 | Mid-lower band |
