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 ₹ 226 Cr.
- Current Price ₹ 94.0
- High / Low ₹ 161 / 58.0
- Stock P/E 38.3
- Book Value ₹ 30.4
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 8.50 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.09 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 high debtors of 301 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 18.57 | 34.96 | |
| 13.56 | 24.67 | |
| Operating Profit | 5.01 | 10.29 |
| OPM % | 26.98% | 29.43% |
| 0.57 | 2.00 | |
| Interest | 0.03 | 0.03 |
| Depreciation | 0.91 | 3.93 |
| Profit before tax | 4.64 | 8.33 |
| Tax % | 26.08% | 27.13% |
| 3.43 | 6.08 | |
| EPS in Rs | 1.43 | 2.53 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 88% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 23.99 | 23.99 | 23.99 |
| Reserves | 42.28 | 48.39 | 49.02 |
| 0.00 | 0.18 | 0.00 | |
| 3.45 | 3.60 | 8.49 | |
| Total Liabilities | 69.72 | 76.16 | 81.50 |
| 7.01 | 9.09 | 8.27 | |
| CWIP | 0.00 | 0.59 | 0.00 |
| Investments | 25.65 | 22.36 | 19.45 |
| 37.06 | 44.12 | 53.78 | |
| Total Assets | 69.72 | 76.16 | 81.50 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| -25.06 | -0.47 | |
| -32.61 | -1.60 | |
| 47.90 | 3.37 | |
| Net Cash Flow | -9.77 | 1.30 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 221.52 | 301.42 |
| Inventory Days | 1.60 | |
| Days Payable | 20.81 | |
| Cash Conversion Cycle | 221.52 | 282.21 |
| Working Capital Days | 399.20 | 302.88 |
| ROCE % | 11.65% |
Documents
Announcements
-
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.
-
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.
-
Update About The Adjourned Board Meeting.
6 Jun - Board meeting adjourned to June 20; audited results approval delayed; trading window remains closed.
-
Announcement under Regulation 30 (LODR)-Acquisition
30 May - Acquisition of remaining 49% stake in DroneAcharya Miltech for Rs 49,000; becomes wholly owned subsidiary.
-
Board Meeting Outcome for Continuation Of The Board Meeting Held On May 30, 2025.
30 May - Approved acquisition of 49% stake in DroneAcharya Miltech, making it wholly owned subsidiary.
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.