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 ₹ 278 Cr.
- Current Price ₹ 116
- High / Low ₹ 218 / 110
- Stock P/E 47.1
- 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 3.82 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.
Peer comparison
Sector: Education Industry: Miscellaneous
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: | -41% |
| Return on Equity | |
|---|---|
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| 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
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Droneacharya Secures Contract For Detailed Drone Survey Of 242 Sq Km At Dholera Special Investment Region (DSIR), Gujarat From Agrocast, IIT-Gandhinagar
4 Dec - DroneAcharya secures INR 70.8 lakh drone survey project.
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Droneacharya Secures A 350 KM UAV-Based Lidar And RGB Survey Contract From Aarvee Associates For The Bengaluru Ring Rail Project
3 Dec - Awarded UAV-based survey for Bengaluru Ring Rail project.
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Statement Of NIL Deviation For The Half Year Ended September 30, 2024
15 Nov - Statement of NIL deviation in IPO fund usage.
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Droneacharya Aerial Innovations Ltd. Secures Contract Worth USD 1.75 Million (INR 14.80 Crores) From American Blast Systems (ABS) USA For Drone Consultancy Services
13 Nov - DroneAcharya secures USD 1.75 million contract with ABS.
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Results - Unaudited Standalone And Consolidated Financials For The Half Year Ended September 2024
12 Nov - Unaudited financial results for H1 FY2024 released.
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)