Paras Defence and Space Technologies Ltd

The agreement is aimed at setting up an advanced OSAT (Outsourced Semiconductor Assembly and Test) facility in the state. Under the agreement, the Madhya Pradesh government has allotted 50 acres of land on the Ujjain'Indore Corridor for the proposed facility. The project entails a proposed investment of Rs 6,200 crore and is aimed at strengthening India's semiconductor manufacturing ecosystem, accelerating the development of semiconductor devices for strategic applications, generating employment, and supporting the growth of a domestic semiconductor ecosystem. Paras Semiconductors, the semiconductor business of Paras Defence & Space Technologies, has been established to develop advanced semiconductor capabilities for strategic and high-performance sensor applications. The company said the facility will leverage advanced semiconductor manufacturing and packaging technologies to produce semiconductor devices for sensor technologies, optical and optronic systems, and other strategic applications. It also has the potential to expand into AI chips and other advanced semiconductor technologies as market opportunities evolve. The initiative builds on Paras Defence's expertise in optics and optronics and marks the group's strategic expansion into critical semiconductor technologies in line with India's semiconductor manufacturing ambitions. Munjal Sharad Shah, Managing Director, Paras Defence & Space Technologies, said, the signing of this MoU marks a significant milestone in Paras Semiconductor's journey towards building indigenous semiconductor capabilities in India. We are honoured by the confidence and support extended by the Government of Madhya Pradesh and sincerely appreciate the state's progressive vision, industry-friendly policies and commitment to creating an enabling ecosystem for advanced manufacturing. The allocation of land on the Ujjain' Indore Corridor reflects the state's intent to foster long-term partnerships with industry. Through this investment, we look forward to contributing to Madhya Pradesh's industrial growth, creating highvalue employment, nurturing a vibrant supplier ecosystem and supporting India's vision of becoming a globally competitive semiconductor manufacturing destination. Santosh Kumar, Chief Executive Officer, Paras Semiconductor, said: The next phase of India's semiconductor journey will be defined not just by manufacturing capacity, but by the strength of the ecosystems we build around it. The Ujjain'Indore Corridor presents a unique opportunity to combine world-class infrastructure with a progressive policy environment to create a globally competitive semiconductor ecosystem. Ujjain, the sacred city of Mahakal and one of India's oldest centres of knowledge and civilisation, symbolises a remarkable convergence of heritage and the future. It is an honour for Paras Semiconductors to contribute to this transformation and be part of Madhya Pradesh's vision of building advanced semiconductor capabilities. Through this project, we aim to develop semiconductor devices for strategic applications, strengthen domestic technology capabilities and contribute to India's long-term technological self-reliance. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit rose 63% to Rs 32.15 crore in Q1 FY27 as against Rs 19.72 crore in Q1 FY26. Revenue from operations jumped 58.3% to Rs 171.31 crore in Q1 FY27. The scrip rose 0.70% to Rs 1,224.05 on the BSE. Powered by Capital Market - Live

Paras Semiconductors, a subsidiary of Paras Defence and Space Technologies has signed a Memorandum of Understanding (MoU) with Department of Science and Technology acting through MP State Electronics Development Corporation (MPSeDC). Paras Semiconductors and MPSeDC will integrate their respective expertise and resources to collaboratively facilitate the establishment of a greenfield advanced IC packaging OSAT (Outsourced Semiconductor Assembly and Test) facility in Madhya Pradesh. Paras Semiconductors will set up a greenfield advanced IC packaging OSAT facility in Indore-Ujjain, Madhya Pradesh, with a proposed investment of approx. Rs. 6,200 crore. The facility will undertake advanced packaging operations including 3D heterogeneous integration, 2.5D/3D advanced packaging, hybrid bonding, ultra-high-density fan-out packaging, chiplet integration, wafer bumping, flip-chip assembly, testing and reliability.

The domestic contract is to be executed on or before September 2027, the company said. The order does not involve any related party transaction, and neither the promoter nor promoter group entities have any interest in the awarding entity, it added. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. Bharat Electronics (BEL) is a Navratna PSU under the Ministry of Defence, Government of India. It manufactures electronic products and systems for the army, navy, and air force. Shares of Bharat Electronics shed 0.25% to Rs 406.20 on the BSE. Powered by Capital Market - Live

Net profit of Paras Defence and Space Technologies rose 74.34% to Rs 34.38 crore in the quarter ended March 2026 as against Rs 19.72 crore during the previous quarter ended March 2025. Sales rose 58.28% to Rs 171.31 crore in the quarter ended March 2026 as against Rs 108.23 crore during the previous quarter ended March 2025. For the full year,net profit rose 38.81% to Rs 88.10 crore in the year ended March 2026 as against Rs 63.47 crore during the previous year ended March 2025. Sales rose 30.69% to Rs 476.57 crore in the year ended March 2026 as against Rs 364.66 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales171.31108.23 58 476.57364.66 31 OPM %24.8726.14 -25.2626.66 - PBDT49.9230.51 64 131.7198.54 34 PBT45.5326.71 70 114.7683.61 37 NP34.3819.72 74 88.1063.47 39 Powered by Capital Market - Live

Paras Defence & Space Techs. announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Paras Defence & Space Techs. will hold a meeting of the Board of Directors of the Company on 13 May 2026.

Paras Defence and Space Technologies has received an order from DRDO, Ministry of Defence valued at approximately Rs. 7.72 crore (Incl. of Taxes) for development of Ku/C-Band Satellite Communication Phased Array Antennas for airborne applications.

Northstar is a leading company with extensive capabilities and relationship relating to the designs, development, manufacturing, enhancement, and provisioning of the NORTHSTAR aerial (air-to-air) refueling product line, for various airborne platforms Under the terms of the agreement, both parties will collaborate exclusively with each other to develop, facilities and depot level capability to sell and support Northstar product and services to Indian Armed Forces. The agreement is for a period of 10 total years. Paras Defence and Space Technologies is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company caters to four major segments - defence & space optics, defence electronics, heavy engineering, and electromagnetic pulse protection solutions. The company's consolidated net profit jumped 21.1% to Rs 18.21 crore in Q3 FY26, compared with Rs 15.04 crore in Q3 FY25. Net sales climbed 24% YoY to Rs 106.35 crore in Q3 December 2025.

KEI Industries Ltd, Jubilant Pharmova Ltd, Poly Medicure Ltd and Shree Renuka Sugars Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd tumbled 2.73% to Rs 699.45 at 10:53 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.1 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.KEI Industries Ltd lost 2.01% to Rs 4694. The stock was the second biggest loser in 'A' group.On the BSE, 9413 shares were traded on the counter so far as against the average daily volumes of 16060 shares in the past one month.Jubilant Pharmova Ltd crashed 1.97% to Rs 804.7. The stock was the third biggest loser in 'A' group.On the BSE, 6183 shares were traded on the counter so far as against the average daily volumes of 5827 shares in the past one month.Poly Medicure Ltd dropped 1.91% to Rs 1293. The stock was the fourth biggest loser in 'A' group.On the BSE, 3912 shares were traded on the counter so far as against the average daily volumes of 27469 shares in the past one month.Shree Renuka Sugars Ltd fell 1.89% to Rs 24.36. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.3 lakh shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Powered by Capital Market - Live

Jupiter Wagons Ltd, Balrampur Chini Mills Ltd, Shree Renuka Sugars Ltd and Kirloskar Oil Engines Ltd are among the other losers in the BSE's 'A' group today, 10 March 2026.Paras Defence and Space Technologies Ltd crashed 4.83% to Rs 684.4 at 09:57 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.42 lakh shares were traded on the counter so far as against the average daily volumes of 4.56 lakh shares in the past one month.Jupiter Wagons Ltd tumbled 3.25% to Rs 278.15. The stock was the second biggest loser in 'A' group.On the BSE, 3.11 lakh shares were traded on the counter so far as against the average daily volumes of 6.89 lakh shares in the past one month.Balrampur Chini Mills Ltd lost 2.64% to Rs 479.8. The stock was the third biggest loser in 'A' group.On the BSE, 40105 shares were traded on the counter so far as against the average daily volumes of 38568 shares in the past one month.Shree Renuka Sugars Ltd slipped 2.42% to Rs 24.23. The stock was the fourth biggest loser in 'A' group.On the BSE, 51651 shares were traded on the counter so far as against the average daily volumes of 3.95 lakh shares in the past one month.Kirloskar Oil Engines Ltd shed 2.28% to Rs 1421.25. The stock was the fifth biggest loser in 'A' group.On the BSE, 9191 shares were traded on the counter so far as against the average daily volumes of 96578 shares in the past one month.Powered by Capital Market - Live