Droneacharya Aerial Innovations Ltd
Incorporated in 2017, Droneacharya Aerial Innovations Ltd provides Drone operation training, supply & maintenance services, and management consultancy & training services[1]
- Market Cap ₹ 89.1 Cr.
- Current Price ₹ 37.2
- High / Low ₹ 106 / 30.1
- Stock P/E
- Book Value ₹ 25.0
- Dividend Yield 0.00 %
- ROCE -26.3 %
- ROE -20.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 28.2%
- Company has a low return on equity of -2.35% over last 3 years.
- Company has high debtors of 269 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 4 | 19 | 35 | 35 | 17 | |
| 0 | 0 | 3 | 14 | 25 | 50 | 31 | |
| Operating Profit | -0 | -0 | 1 | 5 | 10 | -15 | -14 |
| OPM % | -1,500% | 16% | 27% | 30% | -44% | -81% | |
| 0 | 0 | 0 | 1 | 2 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 4 | 5 | 6 |
| Profit before tax | -0 | -0 | 1 | 5 | 8 | -18 | -18 |
| Tax % | 0% | 0% | 27% | 26% | 27% | -25% | |
| -0 | -0 | 0 | 3 | 6 | -13 | -13 | |
| EPS in Rs | -20.00 | -89.82 | 35.16 | 1.43 | 2.58 | -5.62 | -5.48 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 113% |
| TTM: | -58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -443% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -37% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -2% |
| Last Year: | -21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.12 | 24 | 24 | 24 | 24 |
| Reserves | -0 | 1 | 14 | 42 | 49 | 34 | 36 |
| 0 | 0 | 0 | 0 | 0 | 3 | 3 | |
| 0 | 0 | 1 | 3 | 5 | 6 | 7 | |
| Total Liabilities | 0 | 1 | 15 | 70 | 78 | 67 | 70 |
| 0 | 0 | 0 | 7 | 9 | 15 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 26 | 1 | 5 | 3 |
| 0 | 1 | 15 | 37 | 67 | 46 | 53 | |
| Total Assets | 0 | 1 | 15 | 70 | 78 | 67 | 70 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0 | -0 | -2 | -25 | -5 | -7 | |
| 0 | 0 | -0 | -33 | 7 | 5 | |
| 0 | 1 | 13 | 48 | -0 | 2 | |
| Net Cash Flow | 0 | 1 | 11 | -10 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 365 | 127 | 222 | 302 | 269 | |
| Inventory Days | 2 | 0 | ||||
| Days Payable | 8 | |||||
| Cash Conversion Cycle | 365 | 127 | 222 | 295 | 269 | |
| Working Capital Days | -4,745 | 227 | 399 | 565 | 301 | |
| ROCE % | -29% | 7% | 11% | 12% | -26% |
Insights
In beta| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Nov 2025 | |
|---|---|---|---|---|---|
| Number of DGCA Certified Training Centers (RPTOs) Number of CENTERS |
|
||||
| Total Employees Number of Employees |
|||||
| Cumulative DGCA Certified Pilots Trained Number of Pilots |
|||||
| DGCA Certified Drone Pilots Trained (Annual) Number of Pilots |
|||||
| Franchise Centers Number of Centers |
|||||
| Non-DGCA/Technical Students Trained (Annual) Number of Students |
|||||
| Order Book Value (Select Defence/Govt Orders) INR Crores |
|||||
| Market Share (Private RPTO Training Sector) % |
|||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Mar - Analyst/investor group meeting on 6 Mar 2026 at 12:00 PM in Pune (physical/virtual).
- Shareholder Meeting- Scrutinizer''s Report 17 Feb
- Shareholder Meeting / Postal Ballot-Outcome of EGM 16 Feb
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Feb - Received Indian Army order worth ₹22,91,200 on 11/02/2026 for drones, equipment, simulator and training; 3-month delivery.
-
DRONEACHARYA AERIAL INNOVATIONS LIMITED RECEIVES
DGCA APPROVAL FOR ITS 8TH REMOTE PILOT TRAINING ORGANIZATION ("RPTO") AT RAMNAGAR, UTTARAKHAND
6 Feb - DGCA approved DroneAcharya's 8th RPTO at Ramnagar; certificate dated Feb 04, 2026, received Feb 05, 2026.
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.