Market cap, ratios, CAGR and revenue: company table snapshot as of 30 Oct 2026 (the same figures on every page). Price: snapshot as of 30 Oct 2026. Not investment advice.
Where it fits
Builds the boxes inside platforms and weapons: rugged computers and embedded boards for missiles and aircraft, software-defined radios and satellite terminals, and optics (thermal imagers, sights, space optics). Mostly sold to primes like BEL, BDL, HAL and DRDO labs.
Why it matters
Positive Indigenisation Lists ban imports of thousands of such items (5,012 DPSU items in the first five lists, plus 405 in the sixth list of Aug 2026), so primes must buy them in India. That is a direct, policy-made market for small listed suppliers.
Where the value pool sits
Many small orders with good margins for design-led firms. Revenue follows the primes' production schedules, so it is lumpy quarter to quarter.