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RRP S4E INNOVATIONS Logo

RRP S4E INNOVATIONS

Last Traded Price

₹315.00 ( + 0.00 % ) ⭐ ⭐

Principles

Company Name

RRP S4E INNOVATIONS


ISIN No.

INE09FT01019


No. of Outstanding Shares

8386436


PAN No.

AAICR7373J


Face Value

₹ 10.00


EPS

₹13.47


PE ratio

17.82


P/S Ratio

6.34


Market Capitalization (in Cr)

₹201.27


Book value

₹6.56


P/BV

36.56


DRHP Filed?

No


Available on

NSDL CDSL


Sector

defence


CIN

U74999MH2018PTC304545


Registration Date

Jan. 22, 2018


Stock Performance

Stock Price Over Time

Share Details

Company Snapshot

RRP S4E is rapidly evolving into a core domestic supplier of advanced electro-optic systems, supported by solid financials, expanding contracts, and tech partnerships. Assuming successful scale-up of production and order execution, the company is well-placed to significantly grow its footprint in India’s defence manufacturing ecosystem.

Founded in 2018, RRP S4E Innovation Ltd specializes in electro-optic solutions for defence—such as thermal imagers, digital rifle-mounted sights, and surveillance systems—built for use by the Indian armed forces.

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Key Contracts

  • ₹9.2 crore (₹92 million) contract from Ministry of Defence
  • 101 units of Drishti SSD60 digital spotter scopes to be delivered during early-to-mid 2025

Indigenous Production & Tech Partnerships

  • Targeting 95% local manufacturing by 2026 under Make-in-India
  • MoU with Meprolight (Israel) – July 2024: Local assembly of optics like Mepro MOR, M21, and M5 sights
  • MoU with Optix (Bulgaria) – June 2025: Tech transfer for next-gen EO systems including thermal & long-range imagers

Strategic Positioning

  • ~30% cost savings promised on indigenous EO devices
  • Growing order book + tech partnerships + clear production roadmap
  • Strong positioning in India’s defence supply ecosystem

Industry Outlook

Market Size & Growth (India-focused)

  • Global EO market: ₹1 lakh crore (2023) ₹1.5 lakh crore (2032)
  • India EO/IR defence market CAGR: ~4–6%
  • Estimated size: ₹7,500–9,000 crore by 2030

Growth Drivers in India

  • 🇮🇳 Defence Budget Surge: 🇮🇳 Defence Budget Surge India’s 2024–25 defence budget crossed ₹6.2 lakh crore, with significant capital outlay for surveillance and smart targeting systems.
  • 🛰️ UAV + EO Payloads: Surge in UAV deployments (military & paramilitary) is creating high demand for lightweight EO/IR payloads
  • 🛠️ Indigenisation Push:🛠️ Indigenisation Push Strategic PSU + private investment in optical sensor design (BEL, India Optel, RRP S4E, Paras Defence, Tonbo Imaging).
  • 🧠 AI-Enhanced Systems: Next-gen EO systems now incorporate AI for real-time threat analysis, facial recognition, and autonomous targeting
  • 📡 Multi-Sensor Integration: Modern platforms (like drones, armored vehicles, ships) integrate EO/IR + radar + RF + acoustic sensors.

Technology Trends

Segment Innovations
Thermal Imaging Uncooled microbolometers, LWIR (long-wave IR)
Multispectral Systems Integration of visible + NIR + SWIR for enhanced targeting
Digital Rifle Sights Cost-effective domestic models (~₹9–12 lakh); ~30% cheaper than imports
EO Drones & Payloads Widespread adoption by SWITCH UAV, HUBB360, ideaForge, Zen Tech

Outlook Summary (2025–2030)

  • EO demand from Indian Army, Air Force, BSF, DRDO is rising sharply
  • Market size projection: ₹4,500 crore (2024) → ₹8,500–9,000 crore (2030)
  • Focus areas:
    • 70–90% local content
    • Reduced import dependence
    • Global exports of cost-effective EO systems

Latest Shareholding Pattern

Shareholder Category % Holding
Rajendra Kamalakant Chodankar Promoter (Founder & Chairman) 26.75%
Priyanka Chodankar Promoter (Co-Founder) 26.75%
Maharashtra Defence ASF Institutional Investor 13.74%
Mantaraj Paliwal Investor 6.29%
Other Investors Private/Non-Institutional 26.47%
Total 100.00%