Paras Defence launches semiconductor unit, plans 3D packaging facility

Paras Defence and Space Technologies Ltd. on Monday announced the launch of a new subsidiary, Paras Semiconductor Pvt. Ltd., marking its entry into the semiconductor segment with a focus on advanced packaging technologies for defence and strategic electronics.

The company said the subsidiary will focus on advanced semiconductor packaging and will set up an advanced heterogeneous and 3D packaging OSAT (Outsourced Semiconductor Assembly and Testing) facility.

Also Read: Paras Defence Q2 Results: Profit surges 50% YoY, revenue grows 22%

The proposed facility will cater to semiconductor

devices for optical and optronic systems used in defence and security, as well as high-performance computing (HPC), networking and data centre applications.

Paras Defence said the initiative will enable participation in India’s evolving semiconductor applications within the defence ecosystem, with an emphasis on chiplet integration and advanced system-in-package (SiP) technologies.

The proposed subsidiary will be named “Paras Semiconductors Private Limited” or any other name as approved by the Central Registration Centre, Ministry of Corporate Affairs, company informed to exchange. It will have an authorised share capital of ₹10 lakh, divided into 1,00,000 equity shares of ₹10 each, with a paid-up share capital of ₹10 lakh on the same basis.

Paras Defence will subscribe to 70,000 equity shares of ₹10 each, aggregating to ₹7 lakh, and will hold 70 per cent of the equity share capital of the subsidiary.

Also Read: Paras Defence shares surge 10% after Q2 profit rises 50%, margin strengthen

Commenting on the announcement, Munjal Sharad Shah, Managing Director, Paras Defence and Space Technologies Ltd., said the semiconductor sector has become strategically important, particularly for defence and national security. He said advanced packaging plays a critical role in performance, reliability and supply chain control for sensitive applications.

“With Paras Semiconductor, we intend to build capability in an area that complements our existing strength in defence electronics and aligns with India’s broader push to develop a resilient and self-reliant semiconductor ecosystem,” Shah said.

Paras Defence and Space Technologies Ltd had reported net profit rising 50% year-on-year to ₹21 crore from ₹14 crore. Revenue grew 21.8% YoY to ₹106 crore, supported by healthy execution across its optics, defence electronics, and space engineering divisions.

Company's earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹30 crore, up 32% YoY from ₹22.7 crore.

Shares of Paras Defence and Space Technologies Ltd. were trading at ₹656.35 on Monday (03:07 PM), down ₹5.90 or 0.89%.