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 ₹ 73.0 Cr.
- Current Price ₹ 30.4
- High / Low ₹ 106 / 29.0
- 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.
- Stock is trading at 1.16 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 28.2%
- Company has a low return on equity of -2.10% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 19 | 35 | 35 | 17 | |
| 14 | 25 | 50 | 31 | |
| Operating Profit | 5 | 10 | -15 | -14 |
| OPM % | 27% | 29% | -44% | -81% |
| 1 | 2 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 4 | 5 | 6 |
| Profit before tax | 5 | 8 | -18 | -18 |
| Tax % | 26% | 27% | -25% | |
| 3 | 6 | -13 | -13 | |
| EPS in Rs | 1.43 | 2.54 | -5.62 | -5.41 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -58% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -461% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -38% |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| Last Year: | -21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 |
| Reserves | 42 | 48 | 34 | 36 |
| 0 | 0 | 3 | 3 | |
| 3 | 5 | 6 | 7 | |
| Total Liabilities | 70 | 78 | 67 | 70 |
| 7 | 9 | 15 | 12 | |
| CWIP | 0 | 1 | 1 | 3 |
| Investments | 26 | 1 | 5 | 3 |
| 37 | 67 | 46 | 53 | |
| Total Assets | 70 | 78 | 67 | 70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -25 | -5 | -7 | |
| -33 | 7 | 5 | |
| 48 | 0 | 2 | |
| Net Cash Flow | -10 | 1 | -1 |
| Free Cash Flow | -33 | -12 | -18 |
| CFO/OP | -479% | -37% | 45% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 222 | 301 | 269 |
| Inventory Days | 2 | 0 | |
| Days Payable | 8 | ||
| Cash Conversion Cycle | 222 | 295 | 269 |
| Working Capital Days | 399 | 564 | 301 |
| ROCE % | 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 ・Standalone data |
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| Total Employees Number of Employees ・Standalone data |
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| Cumulative DGCA Certified Pilots Trained Number of Pilots ・Standalone data |
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| DGCA Certified Drone Pilots Trained (Annual) Number of Pilots ・Standalone data |
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| Franchise Centers Number of Centers ・Standalone data |
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| Non-DGCA/Technical Students Trained (Annual) Number of Students ・Standalone data |
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| Order Book Value (Select Defence/Govt Orders) INR Crores ・Standalone data |
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| Market Share (Private RPTO Training Sector) % ・Standalone data |
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Documents
Announcements
- Closure of Trading Window 23 Mar
-
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
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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.
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.