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Droneacharya Aerial Innovations Ltd

₹ 40.5-1.94%
07 Jan 10:19 a.m. – close price
🔗droneacharya.comâ€ĸBSE: BSE - SME: 543713â€ĸNSE:
Market Cap₹ 97.2 Cr.
Current Price₹ 40.5
High / Low₹ 116
Stock P/Enull
Book Value₹ 25.0
Dividend Yield0.00 %
ROCE-26.2 %
ROE-20.6 %
Face Value₹ 10.0
Sales₹ 17.2 Cr.
OPM-81.1 %
Mar Cap₹ 97.2 Cr.

ABOUT

Incorporated in 2017, Droneacharya Aerial Innovations Ltd provides Drone operation training, supply & maintenance services, and management consultancy & training services[1]

KEY POINTS

Business Profile[1]DroneAcharya is a DGCA-certified drone solution provider specializing in drone pilot training, supply, services, and manufacturing. Their offerings include drone sales, maintenance, and project-based work in oil & gas and GIS data processing sectors. They also provide post-training consultancy to help pilots transition into the industry.

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.International Ge318.9026.9913781.570.78129.7918.42303.7421.4368.011174.4359.40510.83129.7911.1440.560.11
2.NESCO1248.4521.268796.590.52118.9111.26239.1824.5121.12831.0757.58413.61118.913.1613.760.04
3.Wework India609.7046.318171.400.007.39-96.38573.0322.26137.071941.8163.70176.417.39–3.5722.73
4.CMS Info Systems339.8015.655588.801.9373.35-19.32608.62-2.5523.672436.5925.32357.6873.352.3812.440.10
5.Smartworks Cowor487.65–5571.980.00-3.1480.16424.7821.246.971374.0662.39-64.72-3.1410.93-1.478.60
6.NDR INVIT Trust128.0035.005068.961.4336.6039.07103.6138.004.74379.0387.31144.8237.051.332.650.38
7.Nirlon500.0014.184506.025.18147.66161.39165.313.1830.18647.6778.91317.91147.669.7110.002.47
8.Droneacharya Aer40.50–97.160.001.9420.509.58-64.39-26.2517.20-81.10-13.141.941.61-18.780.05
–Median: 60 Co.142.0323.38409.880.06.5136.264.0525.1612.84272.7314.8413.636.482.745.210.28

Quarterly Results

Standalone figures in ₹ crores

Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
141482212710
Expenses
101026215245
Operating Profit
45-190635
Other Income
1110111
Profit before tax
43-200533
Tax %
20%28%-26%28%26%36%25%
Net Profit
32-150422
EPS in Rs
1.270.93-6.290.071.650.670.81

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
00419353517
Expenses
00314255031
Operating Profit
-0-01510-15-14
Other Income
0001223
Interest
0000001
Depreciation
0001456
Profit before tax
-0-0158-18-18
Net Profit
-0-0036-13-13
EPS in Rs
-20.00-89.8235.161.432.58-5.62-5.48
Dividend Payout %
0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:%
3 Years:%
TTM:-443%

Compounded Sales Growth

10 Years:%
5 Years:%
3 Years:113%
TTM:-58%

Return on Equity

10 Years:%
5 Years:-2%
3 Years:-2%
Last Year:-21%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:-39%
1 Year:-64%

Balance Sheet

Standalone figures in ₹ crores

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
0.010.020.1224242424
Reserves
-011442493436
Borrowings
0000033
Other Liabilities
0013467
Total Liabilities
011570766770
Fixed Assets
000791615
Gross Block
0.000.000.337.9413.78––
Accumulated Depreciation
0.000.000.020.934.85––
CWIP
0000100
Investments
000262253
Other Assets
011537444653
Total Assets
011570766770

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
0-0-2-25-0-7
Cash from Investing Activity
00-0-33-25
Cash from Financing Activity
01134832
Net Cash Flow
0111-101-1

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
–365127222302269
Inventory Days
––––20
Days Payable
––––21–
Cash Conversion Cycle
–365127222282269
Working Capital Days
–-4,745227399304301
ROCE %
–-29%7%11%12%-26%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025
Promoters
38.23%28.21%28.21%28.21%28.21%28.21%28.21%
FIIs
0.00%5.27%1.31%2.02%1.57%1.29%0.55%
DIIs
–––––––
Public
61.77%66.51%70.49%69.78%70.21%70.51%71.23%

* The classifications might have changed from Sep'2022 onwards.â„šī¸

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Droneacharya Files SEBI Compliance Certificate for Q4 FY26 Dematerialization

10th April 2026, 9:11 pm

DroneAcharya Aerial Innovations declares non-applicability of Annual Secretarial Compliance Report for FY26

7th April 2026, 10:39 pm

DroneAcharya Aerial Innovations Closes Trading Window from April 1, 2026

23rd March 2026, 8:00 pm

Droneacharya to hold Analyst/Investor Meeting on March 6, 2026

3rd March 2026, 2:25 am

DroneAcharya Aerial Innovations Limited EOGM: Shareholders Approve Key Director Appointments and Auditor Role

17th February 2026, 7:55 pm

Published by Other Websites

External media mentions & references

Army Awards ₹22.9 Lakh Drone Contract to DroneAcharya

12th February 2026, 7:39 pm

India's Gig Work Rules Tightened; Startup Funding Rebounds Amid Mixed Performance

5th January 2026, 8:04 am

Tech Stocks Wild Ride! Meesho, Aequs Dive as ideaForge, DroneAcharya Soar in Mixed Week

27th December 2025, 7:36 pm

Budget Surprise! 3 Indian Drone Stocks Poised for Massive Gains on New Govt. Scheme

27th December 2025, 7:11 am

India's VCs Hit Reset: Funding Drops, Valuations Slashed! Ola Electric Gets Big PLI Boost Amidst Tech Stock Volatility & Gig Worker Strikes!

26th December 2025, 8:06 am

News Articles

Editorial & research coverage

India's Gig Work Rules Tightened; Startup Funding Rebounds Amid Mixed Performance
India's Gig Work Rules Tightened; Startup Funding Rebounds Amid Mixed Performance

5th January 2026, 8:04 am

Tech Stocks Wild Ride! Meesho, Aequs Dive as ideaForge, DroneAcharya Soar in Mixed Week
Tech Stocks Wild Ride! Meesho, Aequs Dive as ideaForge, DroneAcharya Soar in Mixed Week

27th December 2025, 7:36 pm

India's Tech Stocks: Who Soared and Who Crashed in 2025? Uncover the Shocking Gainers & Losers!
India's Tech Stocks: Who Soared and Who Crashed in 2025? Uncover the Shocking Gainers & Losers!

25th December 2025, 4:35 pm

Droneacharya Gets HUGE Relief! SAT Halts SEBI Penalty Amidst Shocking IPO Probe & Revenue Claims!
Droneacharya Gets HUGE Relief! SAT Halts SEBI Penalty Amidst Shocking IPO Probe & Revenue Claims!

20th December 2025, 6:06 pm

India's Startup Scene Explodes: 2025's Year of Shocking Meltdowns and Fierce Regulatory Battles!
India's Startup Scene Explodes: 2025's Year of Shocking Meltdowns and Fierce Regulatory Battles!

16th December 2025, 6:54 pm

Documents

Announcements

Announcement under Regulation 30 (LODR)-Change in Management

31 Dec - Appointed Meenakshi Gupta and Shyam Jedhe as Independent Directors effective 31-Dec-2025; committees reconstituted; EGM date fixed.

Board Meeting Outcome for Outcome Of Meeting Of The Board Of Droneacharya Aerial Innovations Limited (The 'Company')

31 Dec - Appointed Meenakshi Gupta and Shyam Jedhe as Independent Directors effective 31-Dec-2025; committees reconstituted; EGM convening fixed.

Announcement Under Regulation 30 (LODR)- Clarification Regarding Inaccurate Information Circulating On Digital Platforms

31 Dec - DroneAcharya clarifies false social-media rumours; SAT stay against SEBI penalty already disclosed; investors advised to rely on official filings.

Announcement Under Regulation 30 Of LODR

20 Dec - SAT granted stay on SEBI Order (Nov 28, 2025); deposit 50% penalty within four weeks.

Announcement under Regulation 30 (LODR)-Resignation of Director

5 Dec 2025 - Utsav Jasapara resigned as Independent Director effective December 4, 2025, citing SEBI order; was Audit Committee chair.

Annual Reports

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Credit Ratings

No credit ratings.

Concalls

No concalls.

Stock Analysis

Description

  1. Droneacharya Aerial Innovations Ltd, incorporated in 2017, is a DGCA-certified drone solution provider offering pilot training, drone supply, maintenance, and manufacturing services.

Key Growth Triggers

  1. Secured significant work orders from the Indian Army for FPV drones, surveillance drones, and drone labs, bolstering defense capabilities.
  2. Focusing on innovation with products like AgriVeer and Yodha drones, alongside DGCA-approved training programs and commercial rollout of new inspection and tethered drone solutions.
  3. Expanding global partnerships and targeting indigenous drone technology development to support 'Make in India' and 'Atmanirbhar Bharat' initiatives.

Order Book

  1. Order Book: October 2025 = INR 1.09 crore (180 FPV drones) - Delivery by October 2026.
  2. Order Book: October 2025 = INR 2.59 crore (500 Sub Tactical Very Short Range Drones) - Delivery by October 2026.
  3. Order Book: November 2025 = INR 7.12 crore (FPV drones) - Delivery within 4 months.
  4. Previous order: INR 99.67 lakh (Drone supply and advanced Drone Lab) from Indian Army.
  5. Previous order: INR 55 lakh (upgrade drone lab) from Indian Army.
  6. Company reported a robust ₹22 Cr+ order book for FY25-26 in past statements.

Key Red Flags

  1. SEBI imposed a ₹10 lakh penalty and a two-year securities market ban on MD and a Director for IPO proceeds misuse, though SAT has granted a stay on the order pending appeal.
  2. The company has experienced auditor resignations and appointments, impacting financial reporting continuity.
  3. FY25 consolidated financial results showed a net loss of ₹13.46 Cr with revenue decline.
  4. Low promoter holding (28.21%) and high debtor days (269 in FY25).

Key Dates To Watch

  1. 8th Annual General Meeting (AGM) held on November 25, 2025.
  2. Board meeting to approve H1 FY25-26 unaudited results was on November 14, 2025.
  3. Board meeting to approve FY25 audited results was on September 27, 2025.

Corporate Announcements

10th Apr 26
Impact Rating: 1
This filing from Droneacharya Aerial Innovations Limited confirms that securities received for dematerialization up to March 31, 2026, were processed as per SEBI norms.
7th Apr 26
Impact Rating: 4
DroneAcharya Aerial Innovations Limited has informed BSE that its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, is not applicable as per SEBI regulations for SME-listed entities.
23rd Mar 26
Impact Rating: 5
Effective April 1, 2026, DroneAcharya Aerial Innovations Limited is closing its trading window for Directors, Promoters, and Designated Persons. The window will reopen 48 hours after the announcement of the FY26 financial results.
2nd Mar 26
Impact Rating: 5
Droneacharya Aerial Innovations Limited has scheduled an analyst and investor meeting for March 6, 2026, in Pune. Management will interact with analysts/investors, with no Unpublished Price Sensitive Information to be disclosed.
17th Feb 26
Impact Rating: 4
At its EOGM, DroneAcharya Aerial Innovations Limited's members approved the remuneration for Managing Director Mr. Prateek Srivastava and the appointment of Statutory Auditors, alongside director appointments.