Droneacharya Aerial Innovations Ltd
Incorporated in 2017, Droneacharya Aerial Innovations Ltd offers Defence and Industrial Drone Tech Solutions.[1]
- Market Cap ₹ 68.0 Cr.
- Current Price ₹ 28.4
- High / Low ₹ 61.8 / 27.5
- Stock P/E 340
- Book Value ₹ 24.4
- Dividend Yield 0.00 %
- ROCE 0.78 %
- ROE 0.34 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.16 times its book value
Cons
- Promoter holding is low: 28.2%
- Company has a low return on equity of -3.85% over last 3 years.
- Earnings include an other income of Rs.3.61 Cr.
- Company has high debtors of 728 days.
- Working capital days have increased from 572 days to 851 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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 18.57 | 35.25 | 34.52 | 14.67 | |
| Sales growth | +89.82% | -2.07% | -57.50% | |
| 13.56 | 24.97 | 49.72 | 11.20 | |
| Operating Profit | 5.01 | 10.28 | -15.20 | 3.47 |
| OPM % | 26.98% | 29.16% | -44.03% | 23.65% |
| 0.57 | 2.01 | 2.18 | 3.61 | |
| Interest | 0.03 | 0.03 | 0.38 | 0.09 |
| Depreciation | 0.91 | 3.93 | 4.55 | 6.49 |
| Profit before tax | 4.64 | 8.33 | -17.95 | 0.50 |
| Tax % | 26.08% | 27.13% | -24.96% | 28.00% |
| 3.43 | 6.08 | -13.47 | 0.37 | |
| EPS in Rs | 1.43 | 2.54 | -5.62 | 0.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| TTM: | -58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -61% |
| TTM: | 101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -47% |
| 1 Year: | -52% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 23.99 | 23.99 | 23.99 | 23.99 |
| Reserves | 42.28 | 48.40 | 34.00 | 34.42 |
| 0.00 | 0.18 | 3.39 | 1.04 | |
| 3.45 | 5.36 | 6.06 | 3.67 | |
| Total Liabilities | 69.72 | 77.93 | 67.44 | 63.12 |
| 7.01 | 9.09 | 15.15 | 8.83 | |
| CWIP | 0.00 | 0.59 | 1.26 | 2.78 |
| Investments | 25.65 | 1.17 | 4.74 | 0.71 |
| 37.06 | 67.08 | 46.29 | 50.80 | |
| Total Assets | 69.72 | 77.93 | 67.44 | 63.12 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -25.06 | -5.39 | -7.14 | 0.09 | |
| -32.61 | 6.52 | 4.51 | -0.45 | |
| 47.90 | 0.16 | 1.88 | -2.56 | |
| Net Cash Flow | -9.77 | 1.30 | -0.74 | -2.92 |
| Free Cash Flow | -32.56 | -11.98 | -18.42 | -1.58 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -479% | -37% | 45% | 7% |
Ratios
Consolidated / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 221.52 | 301.01 | 268.57 | 727.76 |
| Inventory Days | 1.59 | 0.00 | 488.63 | |
| Days Payable | 7.93 | 153.06 | ||
| Cash Conversion Cycle | 221.52 | 294.66 | 268.57 | 1,063.33 |
| Working Capital Days | 399.20 | 564.22 | 300.82 | 850.67 |
| ROCE % | 11.61% | -26.28% | 0.78% |
Insights
In beta| Mar 2023 | Mar 2024 | |
|---|---|---|
| DGCA Certified Pilots Trained count ・Standalone data |
|
|
| Drone Sales as Share of Total Revenue % |
||
| Non-DGCA Students Trained count ・Standalone data |
||
| Number of Countries with Operations or Projects (incl. India) count ・Standalone data |
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| Number of RPTOs (Training Centres) count ・Standalone data |
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| Market Share in DGCA Certified Drone Pilots % ・Standalone data |
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| Ministry of Defence Projects Completed count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report.
-
Appointment of Company Secretary and Compliance Officer
- Board appointed Ms. Shivangi Selot as Company Secretary and Compliance Officer effective October 30, 2026.
-
Board Meeting Outcome for Appointment Of Company Secretary And Compliance Officer
- Board appointed Ms. Shivangi Selot as Company Secretary and Compliance Officer effective October 30, 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Mangina Srinivas Rao resigned as Independent Director effective October 22, 2026, citing pre-occupation elsewhere.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- In compliance with regulation 74(5) of SEBI ( DP) Regulation 2018, we are enclosing herewith a copy of the certificate issued by our RTA M/S …
Annual reports
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
Business Overview:[1][2]
**DAIL ** is India’s first listed Drone, Space, and Defence Tech company, providing comprehensive end-to-end aerial and geospatial data solutions for the UAV industry. It also operates as a DGCA-certified Remote Pilot Training Organization (RPTO), establishing a strong foundation in drone education and training.
The company's core operations include the end-to-end manufacturing, leasing, and servicing of drones, advanced hardware, software, silicon chips, and communication systems. Beyond physical product sales, DAIL offers specialized programming, advisory, and consulting services to position itself as a complete technology solutions provider.