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Paras Defence And Space Technologies

Paras Defence And Space Technologies

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About

PDSTL commenced its journey in 1973. It mainly serves five verticals - Defence and Space Optics, Defence Electronics, Heavy Engineering for Defence, EMP protection solutions and Niche technologies.It also manufactures multiple defence equipment like Infrared lenses, large-size optics, optical domes, rugged control systems, titanium structures, drones and others. PDSTL is able to accomplish all this with 330 employees and 120+ engineers.  It is also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India

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Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

Paras Defence And Space Technologies is an Indian private sector company engaged in designing, developing, manufacturing and testing of a wide range of defence and space engineering products and solutions. It is one of the leading ‘Indigenously Designed Developed and Manufactured’(IDDM) category private sector companies in India, which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (EMP) protection solution and heavy engineering. It is also the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.

The company has five principal categories of product offerings: defence and space optics, defence electronics, EMP protection, heavy engineering for defence and niche technologies. Its defence and space optics operations include manufacturing high precision optics for defence and space applications such as thermal imaging and space imaging systems. It is one of the leading providers of optics for various Indian defence and space programmes, and the only Indian company with the design capability for space-optics and opto-mechanical assemblies. Its defence electronics operations include providing a wide array of high performance computing and electronic systems for defence applications, including sub systems for border defence, missiles, tanks and naval applications. The company has two manufacturing facilities in Maharashtra, located at Nerul in Navi Mumbai and Ambernath in Thane. Its Nerul facility is an advanced nano technology machining centre for producing high quality optics and ultra -precision components and is engaged in manufacturing of Optics, Design, Development, Manufacturing and Integration of Electronics and EMP protection products and solutions.

Business area of the company

The company is primarily engaged in the designing, developing, manufacturing, and testing of a variety of defence and space engineering products and solutions. The company has five major product category offerings - Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies.

Awards and accreditations

  • 2017: The company received a certificate of appreciation by Bharat Electronic, Naval Systems (S&CS) SBU for meeting the quality standards and timely supplies.
  • 2020: The company received a certificate of recognition for outstanding contribution in quality and excellence in realm of customer satisfaction in India 5000 Best MSME Awards.
  • 2020: The company’s manufacturing facilities at Ambernath and Nerul have been accredited with quality management system certificate for compliance with ISO 9001:2015 requirements.
  • 2020: The company has been accredited with ISO 14001:2015 and ISO 45001:2018 for the environment management system and occupational, health and safety management system, respectively.

Major events and milestones

  • 2009: Incorporation of the company.
  • 2015: Bagged an order for developing electronic control system.
  • 2016: Started developing and manufacturing optics for space.
  • 2017: Secured order for developing and manufacturing EMP racks.
  • 2018: Expanded the presence of the company in Bangalore.
  • 2018: Amalgamation of Mechvac India and Concept Shapers and Electronics with the company
  • 2019: Established the subsidiary, Paras Aerospace, to venture into drone systems and services
  • 2020: MDAVF made an investment in the company.
Brands Of Paras Defence And Space Technologies

Brands Of Paras Defence And Space Technologies

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