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 ₹ 399 Cr.
- Current Price ₹ 166
- High / Low ₹ 221 / 125
- Stock P/E 56.9
- Book Value ₹ 29.3
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 8.45 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 5.67 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 7.55% over last 3 years.
- Company has high debtors of 222 days.
- Working capital days have increased from -1,373 days to 399 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.
Peer comparison
Sector: Education Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 0.01 | 3.59 | 18.57 | 34.47 | |
| 0.02 | 0.16 | 3.02 | 13.51 | 24.79 | |
| Operating Profit | -0.02 | -0.15 | 0.57 | 5.06 | 9.68 |
| OPM % | -1,500.00% | 15.88% | 27.25% | 28.08% | |
| 0.00 | 0.00 | 0.00 | 0.57 | 1.64 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.08 | 0.02 |
| Depreciation | 0.00 | 0.00 | 0.02 | 0.91 | 2.15 |
| Profit before tax | -0.02 | -0.15 | 0.55 | 4.64 | 9.15 |
| Tax % | 0.00% | 0.00% | 27.27% | 26.08% | |
| -0.02 | -0.15 | 0.41 | 3.43 | 7.01 | |
| EPS in Rs | -20.00 | -89.82 | 35.16 | 1.43 | 2.92 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 417% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 457% |
| TTM: | 732% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.12 | 23.99 | 23.99 |
| Reserves | -0.02 | 1.02 | 14.34 | 42.28 | 46.28 |
| Preference Capital | 0.00 | 0.00 | 0.02 | 0.00 | |
| 0.01 | 0.01 | 0.46 | 0.00 | 0.00 | |
| 0.03 | 0.14 | 0.55 | 3.45 | 3.56 | |
| Total Liabilities | 0.03 | 1.19 | 15.47 | 69.72 | 73.83 |
| 0.00 | 0.00 | 0.31 | 7.01 | 8.22 | |
| CWIP | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 25.65 | 0.00 |
| 0.03 | 1.19 | 15.05 | 37.06 | 65.61 | |
| Total Assets | 0.03 | 1.19 | 15.47 | 69.72 | 73.83 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.00 | -0.04 | -2.00 | -25.06 | |
| 0.00 | 0.00 | -0.44 | -32.61 | |
| 0.00 | 1.20 | 13.48 | 47.90 | |
| Net Cash Flow | 0.00 | 1.17 | 11.04 | -9.77 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 365.00 | 127.09 | 221.52 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 365.00 | 127.09 | 221.52 | |
| Working Capital Days | -4,745.00 | 226.73 | 399.20 | |
| ROCE % | -28.57% | 6.88% | 11.55% |
Documents
Announcements
- Droneacharya Aerial Innovations Limited Signs Agreement With CBAI Technologies Private Limited To Purchase 200 Type Certified Training Drones 18 Apr
-
Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015
17 Apr - Certificates received from Practicing Company Secretary pursuant to Regulation 40(9) and 40 (10) of SEBI( Listing Obligations and Disclosures Requirements) Regulations, 2015 for the financial …
- Droneacharya Aerial Innovations Ltd. Opens Fourth DGCA Certified Drone Pilot Training Center In Jaipur 15 Apr
- Compliance Certificate Under Regulation 7(3) For The Year Ended March 31, 2024 12 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr
Business segment[1]
a) Training:
DGCA Certified Drone Pilot, Drone Building, Aerial Cinematography & Aerial Making, and Drone data processing
b) Services:
Consultancy services to Govt. & private organizations, reality capture data processing software, anti-drone solution for rogue UAV and UTM air traffic management solution
c) Surveillance:
Land surveying and underwater services
d) *Others:
Partnering up with SPH Engineering from Latvia, Droneacharya is also able to provide integrated drone solutions for Bathymetry, drone shows, Hydrography, industrial and archaeological surveys, along with Environmental Monitoring)