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Reading: Defence inventory hits higher circuit after receiving $20 Mil order from France primarily based Co. for drones
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StockWaves > Financial News > Defence inventory hits higher circuit after receiving $20 Mil order from France primarily based Co. for drones
Financial News

Defence inventory hits higher circuit after receiving $20 Mil order from France primarily based Co. for drones

StockWaves By StockWaves Last updated: August 11, 2025 4 Min Read
Defence inventory hits higher circuit after receiving  Mil order from France primarily based Co. for drones
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Contents
What’s the information?Firm OverviewMonetary HighlightsDisclaimer

Synopsis: RRP Protection Ltd. secured a USD 20 million worldwide order from CYGR, France, for 100 drones, to be delivered in two phases inside six months.

This defence firm, engaged within the design, growth, and manufacturing of superior defence techniques, together with drones, command modules, and aerospace applied sciences, hit a 2 p.c higher circuit after receiving an order value $20 million from CYGR, France, for drone know-how.

With a market capitalization of Rs. 48.15 crores, the shares of Euro Asia Exports Restricted hit a 2 p.c higher circuit of Rs. 306.90 per share on Monday, up from its earlier closing value of Rs. 300.90 per share.

Defence inventory hits higher circuit after receiving  Mil order from France primarily based Co. for drones

What’s the information?

Euro Asia Exports Restricted, now working beneath the identify RRP Protection Restricted, has obtained its buy order from CYGR, France, for the availability and set up of 100 drones value USD 20 million. 

The order will probably be accomplished in two phases. The primary part contains manufacturing electro-optic techniques, monitoring and integration tools, day imaginative and prescient CMOS sensors, thermal cooled sensors, and PTZ housing. 

The second part covers the manufacturing of fins, motors, engines, housing, and remaining meeting. Cost phrases embrace 10 p.c prematurely, 50 p.c after discipline acceptance testing, and 40 p.c on cargo. 

The order is from a global shopper, and the entire undertaking is predicted to be completed inside six months. This marks a big milestone for RRP Protection Ltd. in increasing its worldwide protection manufacturing enterprise.

Firm Overview

RRP Protection Restricted is an Indian inventory market-listed firm that has shortly grown into an essential identify within the nation’s protection and drone know-how business. Earlier known as Euro Asia Exports Restricted, the corporate modified its identify in 2025 because it moved its essential enterprise from textiles and buying and selling to superior protection manufacturing, with a deal with unmanned aerial techniques (UAS) and associated applied sciences.

The corporate has fashioned a key three way partnership with CYGR, a drone know-how agency primarily based in France and the USA. This partnership works on making and researching tactical and industrial drones. On this enterprise, RRP Protection owns a majority share of 90 p.c, whereas CYGR owns the remaining 10 p.c. This deal makes RRP Protection stronger within the world drone market.

Monetary Highlights

Euro Asia Exports Restricted’s income has decreased from Rs. 12.30 crore in This fall FY24 to Rs. 10.45 crore in This fall FY25, which is a drop of 15.04 p.c. The web revenue has additionally grown by 237.50 p.c from Rs. 0.48 crore in This fall FY24 to Rs. 1.14 crore in This fall FY25.

When it comes to return ratios, the corporate’s ROCE and ROE stand at 82.7 p.c and 87 p.c, respectively. Euro Asia Exports Restricted has an earnings per share (EPS) of Rs. 7.27, and its debt-to-equity ratio is 0.56x.

Written By – Nikhil Naik

Disclaimer

The views and funding ideas expressed by funding consultants/broking homes/score businesses on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a danger of economic losses. Traders should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Personal Restricted or the writer usually are not chargeable for any losses induced on account of the choice primarily based on this text. Please seek the advice of your funding advisor earlier than investing.

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