PARAS DEFENSE WINS Rs 26.59 CRORE ORDER FROM DRDO

has received an order valued at Rs 26.59 crore from the Defence Research and Development Organisation (DRDO). The order is classified as significant and involves critical space-borne system components. The specific nature of this contract requires the company to act as the Lead System Integrator, handling complete design, analysis, fabrication, manufacturing, and assembly of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission. The payload qualifies as a Space-Borne System with potential Earth Observation utilization. This order of Rs 26.59 crore represents approximately 20% of the company's average quarterly revenue of Rs 132.45 Cr. The total disclosed order book across the last three fiscal quarters sums to Rs 121.08 Cr. This backlog provides coverage of 0.91 quarters of average revenue, indicating a book-to-bill ratio that is currently below 1x on a trailing basis relative to the immediate quarterly run-rate.