Drone Destination Ltd
Incorporated in 2019, Drone Destination
Ltd manufactures, deals and provides
training of Drones[1]
- Market Cap ₹ 262 Cr.
- Current Price ₹ 107
- High / Low ₹ 462 / 104
- Stock P/E
- Book Value ₹ 24.4
- Dividend Yield 0.00 %
- ROCE -10.5 %
- ROE -11.2 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.54% over last 3 years.
- Company has high debtors of 262 days.
- Working capital days have increased from 323 days to 545 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
Consumer Discretionary Consumer Services Other Consumer Services Education
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
0.39 | 2.56 | 12.07 | 31.82 | 24.90 | |
0.42 | 2.17 | 7.37 | 18.75 | 25.26 | |
Operating Profit | -0.03 | 0.39 | 4.70 | 13.07 | -0.36 |
OPM % | -7.69% | 15.23% | 38.94% | 41.07% | -1.45% |
0.00 | 0.01 | 0.10 | 0.79 | 0.84 | |
Interest | 0.00 | 0.02 | 0.17 | 0.38 | 1.45 |
Depreciation | 0.04 | 0.11 | 1.23 | 4.00 | 7.90 |
Profit before tax | -0.07 | 0.27 | 3.40 | 9.48 | -8.87 |
Tax % | -28.57% | 25.93% | 24.41% | 25.32% | -23.11% |
-0.05 | 0.21 | 2.56 | 7.08 | -6.81 | |
EPS in Rs | 5.12 | 2.91 | -2.79 | ||
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 113% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -196% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -74% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 3% |
Last Year: | -11% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 0.11 | 0.11 | 5.00 | 24.30 | 24.40 |
Reserves | -0.09 | 0.12 | 12.60 | 37.33 | 35.09 |
0.55 | 1.51 | 1.59 | 3.98 | 15.96 | |
0.39 | 1.04 | 4.40 | 10.42 | 3.78 | |
Total Liabilities | 0.96 | 2.78 | 23.59 | 76.03 | 79.23 |
0.27 | 0.72 | 5.33 | 14.59 | 18.04 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.76 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.69 | 2.06 | 18.26 | 60.68 | 61.19 | |
Total Assets | 0.96 | 2.78 | 23.59 | 76.03 | 79.23 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
-0.13 | -0.08 | 0.83 | -14.72 | -10.13 | |
-0.26 | -0.56 | -5.84 | -13.24 | -9.83 | |
0.40 | 0.95 | 14.89 | 39.10 | 16.02 | |
Net Cash Flow | 0.01 | 0.32 | 9.88 | 11.13 | -3.94 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 56.15 | 37.07 | 201.70 | 217.94 | 262.39 |
Inventory Days | 528.84 | 2,565.60 | |||
Days Payable | 1,080.48 | 305.93 | |||
Cash Conversion Cycle | 56.15 | 37.07 | 201.70 | -333.70 | 2,522.06 |
Working Capital Days | 168.46 | 79.84 | 108.56 | 316.82 | 545.01 |
ROCE % | 25.11% | 33.16% | 23.28% | -10.52% |
Documents
Announcements
-
Structural Digital Database
19 June 2025 - Compliance certificate confirming insider trading database maintained with no non-compliance for FY ended March 2025.
-
General Updates
17 June 2025 - Drone Destination starts setting up Cyprus subsidiary, expanding global footprint.
-
Analysts/Institutional Investor Meet/Con. Call Updates
3 June 2025 - FY25 earnings call: INR25.74 Cr revenue, INR6.81 Cr loss; delays in govt drone schemes impacted growth.
-
Copy of Newspaper Publication
31 May 2025 - Published audited standalone financial results for FY ended March 31, 2025.
-
Analysts/Institutional Investor Meet/Con. Call Updates
30 May 2025 - Audio recording of May 30, 2025 earnings call uploaded post FY25 results.
Annual reports
Concalls
-
Jun 2025TranscriptPPT
-
Jun 2024TranscriptPPT
Business Overview:[1]
DDL is India's largest Drone Pilot Training, and leading Drone-as-a-Service (DAAS) company, along with its sister concern, Hubblefly Technologies, a DGCA-approved manufacturer, has developed an integrated drone eco-system built around drone manufacturing, certified training, and drone as a service