BharatRohan Airborne Innovations Ltd
Incorporated in June 2016, BharatRohan Airborne Innovations Limited is an agritech solutions provider focusing on drone/UAV platforms and Hyperspectral Imaging (HSI) technology.[1]
- Market Cap ₹ 244 Cr.
- Current Price ₹ 123
- High / Low ₹ 164 / 86.0
- Stock P/E 22.6
- Book Value ₹ 41.1
- Dividend Yield 0.00 %
- ROCE 32.4 %
- ROE 36.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Working capital days have increased from 254 days to 374 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 2 | 6 | 19 | 28 | 47 | |
| 2 | 5 | 13 | 20 | 36 | |
| Operating Profit | -0 | 2 | 6 | 8 | 11 |
| OPM % | -16% | 26% | 31% | 28% | 24% |
| 0 | 0 | 0 | 2 | 0 | |
| Interest | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | 2 | 5 | 9 | 10 |
| Tax % | -5% | -23% | 1% | -6% | |
| -1 | 2 | 5 | 9 | 11 | |
| EPS in Rs | -572.73 | 1,178.34 | 15.93 | 6.43 | 6.55 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 137% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 157% |
| TTM: | 84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 3 | 15 | 20 |
| Reserves | -0 | 3 | 11 | 23 | 62 |
| 2 | 2 | 4 | 1 | 4 | |
| 0 | 0 | 2 | 3 | 4 | |
| Total Liabilities | 2 | 5 | 21 | 42 | 90 |
| 0 | 0 | 0 | 1 | 3 | |
| CWIP | 0 | 0 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 2 | 5 | 20 | 40 | 86 | |
| Total Assets | 2 | 5 | 21 | 42 | 90 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | -8 | -3 | ||
| -0 | -1 | -2 | ||
| 1 | 8 | 10 | ||
| Net Cash Flow | 2 | -1 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 67 | 146 | 206 | 132 |
| Inventory Days | 246 | 2 | 116 | 379 |
| Days Payable | 6 | 8 | 33 | 24 |
| Cash Conversion Cycle | 307 | 140 | 289 | 487 |
| Working Capital Days | -24 | 120 | 268 | 374 |
| ROCE % | 49% | 49% | 32% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
14 Jan - Transcript of Jan 10, 2026 meeting; H1 revenue Rs32 crore, PAT Rs5 crore; DGCA-certified Pravir-X6; 2 lakh-acre reach.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Jan - KFin certifies Reg.74(5) compliance for BharatRohan for quarter ended 31 Dec 2025.
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Intimation For Change In CIN And Listing Status Of The Company.
14 Jan - CIN changed to L74999DL2016PLC301564; MCA listing status updated to Yes after BSE SME listing (14/01/2026).
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Jan - Participated in Bharat 3.0 (10/01/2026); presentation posted on website; no unpublished price-sensitive information shared.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Dec 2025 - DGCA Type Certificate for Pravir-X6 (10‑litre) on 24-Dec-2025; enables commercial sales.
Concalls
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Jan 2026Transcript PPT
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Nov 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
Business Profile[1]
BharatRohan Airborne Innovations Ltd is an agritech company that provides drone/UAV-based crop intelligence (hyperspectral imaging) and sells related agri-inputs and agri-outputs.
Its flagship offerings are CropAssure (crop monitoring + ICM advisory powered by hyperspectral DSS) and SourceAssure (procurement/sale of residue-low traced farm produce).