Promoters sold 13,34,208 shares while FIIs bought 8,21,215 shares & DIIs bought 2,50,252 shares: Defence company Bags Rs 22 Crore Export High-End Counter-UAS Technology to France

The stock gave multibagger returns of over 105 per cent from its 52-week low of Rs 802 per share.

Paras Anti-Drone Technologies Pvt Ltd, a subsidiary of Paras Defence and Space Technologies Ltd, has announced a significant deal to supply up to 30 units of its CHIMERA 200 system, an advanced man-portable radio frequency detection and neutralisation device, to CERBAIR, a leading European counter-UAV company based in France. This agreement, valued at approximately Rs 22 crore (EUR 2.2 million), marks a major step in bolstering India's global standing in defence manufacturing and aligns with the "Make in India" initiative and the "Defence Production & Export Promotion Policy" goal of achieving $5 billion in annual defence exports by 2025.

The CHIMERA 200 system is designed as a primary defence against drone and swarm drone threats and has been field-proven across India's critical infrastructure sites. It offers robust and upgradeable wideband detection and neutralisation capabilities, rapid deployment features, and adaptability against evolving UAV threats. The system supports both omnidirectional and directional operations and can precisely detect threats, including drones, remote controls, and their take-off and control locations, across frequencies ranging from 400 MHz to 6 GHz with up to five simultaneous bands. Its evolutionary RF architecture, secure API for C2 and weapons integration, low false alarm rate, and scalable design enable it to counter current drone threats while also being adaptable for future needs like IEDs, signal spoofing, and broader electronic warfare.

Ashutosh Baheti, CEO of Paras Anti-Drone Technologies, emphasised that this collaboration with CERBAIR demonstrates India's growing reputation as a trusted source of advanced anti-drone technologies. Lucas Le BELL, President of CERBAIR, highlighted the surging demand for such solutions due to shifts in global geopolitics and the conflict in Ukraine, expressing confidence that by boosting neutralisation power output with agile modulations, the CHIMERA 200 will become a major success. 

Amit Mahajan, Director, Paras Defence and Space Technologies Ltd., stated that India has transitioned beyond licensed manufacturing to become a global hub for developing and exporting world-class technologies, showcasing the country's technological strength and commitment to self-reliance and leadership in defence exports. Paras Defence plans to leverage this partnership to unlock new export opportunities and foster expanded cooperation and future deliveries through 2026 and beyond.

About the Company

Paras Defence and Space Technologies Ltd (PDST) is a leading private Indian company in the defence and space sector. They design, develop, manufacture, and test a wide range of products and solutions for these critical fields. PDST caters to four main areas: Defence & Space Optics, Defence Electronics, Heavy Engineering, and Electromagnetic Pulse (EMP) Protection Solutions. This specialisation allows them to serve a diverse clientele. They supply their products to both government and private entities.

Some of their government clients include prestigious organisations like the Indian Defence Force (IDF), Defence Research and Development Organisation (DRDO), Bharat Electronics Limited (BEL), Indian Space Research Organisation (ISRO), Hindustan Aeronautics Limited (HAL), and various shipyards. In the private sector, they partner with companies like Godrej, Tata Power, Larsen & Toubro, Kirloskar, TCS, and Solar Industries. Their reach extends beyond India as well, with international clients including Israel Aerospace Industries, Rafale Advanced Defence Systems, and Elbit Systems.

According to Quarterly Results, the net sales increased by 36 per cent to Rs 108.23 crore and net profit increased by 117 per cent to Rs 20.76 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 44 per cent to Rs 364.66 crore and net profit increased by 104 per cent to Rs 61.46 crore in FY25 compared to FY24.

In May 2025, Promoters sold 13,34,208 shares while FIIs bought 8,21,215 shares & DIIs bought 2,50,252 shares. The company has a market cap of over Rs 6,700 crore with a 1-year stock price CAGR of 13 per cent. The stock gave multibagger returns of over 105 per cent from its 52-week low of Rs 802 per share.

Disclaimer: The article is for informational purposes only and not investment advice.