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 ₹ 218 Cr.
- Current Price ₹ 90.8
- High / Low ₹ 161 / 58.0
- Stock P/E 39.1
- Book Value ₹ 30.5
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 8.62 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.98 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 28.2%
- Company has a low return on equity of 8.34% over last 3 years.
- Company has high debtors of 302 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 | TTM | |
|---|---|---|---|---|---|---|
| 0.00 | 0.01 | 3.59 | 18.57 | 34.90 | 47.79 | |
| 0.02 | 0.16 | 3.02 | 13.56 | 24.52 | 38.72 | |
| Operating Profit | -0.02 | -0.15 | 0.57 | 5.01 | 10.38 | 9.07 |
| OPM % | -1,500.00% | 15.88% | 26.98% | 29.74% | 18.98% | |
| 0.00 | 0.00 | 0.00 | 0.57 | 2.01 | 1.83 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 |
| Depreciation | 0.00 | 0.00 | 0.02 | 0.91 | 3.92 | 3.01 |
| Profit before tax | -0.02 | -0.15 | 0.55 | 4.64 | 8.44 | 7.87 |
| Tax % | 0.00% | 0.00% | 27.27% | 26.08% | 26.78% | |
| -0.02 | -0.15 | 0.41 | 3.43 | 6.18 | 5.57 | |
| EPS in Rs | -20.00 | -89.82 | 35.16 | 1.43 | 2.58 | 2.32 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1417% |
| TTM: | 39% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 247% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.12 | 23.99 | 23.99 | 23.99 |
| Reserves | -0.02 | 1.02 | 14.34 | 42.28 | 48.51 | 49.18 |
| 0.01 | 0.01 | 0.48 | 0.00 | 0.00 | 0.00 | |
| 0.03 | 0.14 | 0.53 | 3.45 | 3.59 | 8.29 | |
| Total Liabilities | 0.03 | 1.19 | 15.47 | 69.72 | 76.09 | 81.46 |
| 0.00 | 0.00 | 0.31 | 7.01 | 8.93 | 8.25 | |
| CWIP | 0.00 | 0.00 | 0.11 | 0.00 | 0.68 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 25.65 | 22.36 | 0.00 |
| 0.03 | 1.19 | 15.05 | 37.06 | 44.12 | 73.21 | |
| Total Assets | 0.03 | 1.19 | 15.47 | 69.72 | 76.09 | 81.46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.00 | -0.04 | -2.00 | -25.06 | -0.38 | |
| 0.00 | 0.00 | -0.44 | -32.61 | -1.54 | |
| 0.00 | 1.20 | 13.48 | 47.90 | 3.21 | |
| Net Cash Flow | 0.00 | 1.17 | 11.04 | -9.77 | 1.29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 365.00 | 127.09 | 221.52 | 301.94 | |
| Inventory Days | 1.64 | ||||
| Days Payable | 21.28 | ||||
| Cash Conversion Cycle | 365.00 | 127.09 | 221.52 | 282.29 | |
| Working Capital Days | -4,745.00 | 226.73 | 399.20 | 303.61 | |
| ROCE % | -28.57% | 6.88% | 11.43% | 11.80% |
Documents
Announcements
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Announcement Under Regulation 30 Of SEBI (LODR), Regulations, 2015
28 Jun - BSE imposed Rs.130,000 fine on DroneAcharya for late financial results submission; company seeks waiver.
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Reason For Delay In Submission/Non Submission Of Financial Results In Accordance With The Timelines Specified In Regulation 33 Of LODR Regulations And Delay In Submission Of Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended March 31, 2025.
20 Jun - Delay in FY25 audited results due to audit and board meeting adjournments; approval scheduled for July 11, 2025.
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Update About The Adjourned Board Meeting.
20 Jun - Board meeting adjourned; audited financial results approval delayed to July 11, 2025.
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Statement Of Deviation Or Variation For Half Year Ended March 31, 2024.
11 Jun - No deviation in IPO proceeds usage for half year ended March 2024; routine regulatory filing.
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Delay In Submission Of Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended March 31, 2025
6 Jun - Delay in FY25 audited results due to auditor issues; board meeting adjourned to June 20, 2025.
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.