Drone Destination Ltd
Incorporated in 2019, Drone Destination
Ltd manufactures, deals and provides
training of Drones[1]
- Market Cap ₹ 135 Cr.
- Current Price ₹ 55.2
- High / Low ₹ 166 / 50.6
- Stock P/E
- Book Value ₹ 25.0
- 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 might be capitalizing the interest cost
- Company has high debtors of 262 days.
- Working capital days have increased from 253 days to 369 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 | TTM | |
|---|---|---|---|---|---|---|
| 0.39 | 2.56 | 12.07 | 31.82 | 24.90 | 25.90 | |
| 0.42 | 2.17 | 7.37 | 18.75 | 25.26 | 26.39 | |
| Operating Profit | -0.03 | 0.39 | 4.70 | 13.07 | -0.36 | -0.49 |
| OPM % | -7.69% | 15.23% | 38.94% | 41.07% | -1.45% | -1.89% |
| 0.00 | 0.01 | 0.10 | 0.79 | 0.84 | 1.17 | |
| Interest | 0.00 | 0.02 | 0.17 | 0.38 | 1.45 | 2.40 |
| Depreciation | 0.04 | 0.11 | 1.23 | 4.00 | 7.90 | 7.42 |
| Profit before tax | -0.07 | 0.27 | 3.40 | 9.48 | -8.87 | -9.14 |
| Tax % | -28.57% | 25.93% | 24.41% | 25.32% | -23.11% | |
| -0.05 | 0.21 | 2.56 | 7.08 | -6.81 | -6.32 | |
| EPS in Rs | 5.12 | 2.91 | -2.79 | -2.59 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 113% |
| TTM: | -36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -182% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -66% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | -11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.11 | 0.11 | 5.00 | 24.30 | 24.40 | 24.40 |
| Reserves | -0.09 | 0.12 | 12.60 | 37.33 | 35.09 | 36.60 |
| 0.55 | 1.51 | 1.59 | 3.98 | 15.97 | 34.17 | |
| 0.39 | 1.04 | 4.40 | 10.42 | 3.76 | 3.94 | |
| Total Liabilities | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 99.11 |
| 0.27 | 0.72 | 5.33 | 14.59 | 17.78 | 15.83 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.76 | 0.26 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.69 | 2.06 | 18.26 | 60.68 | 61.18 | 83.28 | |
| Total Assets | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 99.11 |
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 | 217.49 | 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 | -334.16 | 2,522.06 |
| Working Capital Days | 149.74 | 76.99 | 91.63 | 299.27 | 368.96 |
| ROCE % | 25.11% | 33.16% | 23.28% | -10.52% |
Documents
Announcements
-
General Updates
21 January 2026 - Rs.1.759 crore work order from KRIBHCO for AMC of 70 agriculture drones in Haryana.
-
Clarification - Financial Results
19 January 2026 - Exchange has sought clarification from Drone Destination Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
12 January 2026 - Regulation 74(5) dematerialisation compliance certificate for quarter ended 31 Dec 2025 by Drone Destination Limited.
-
General Updates
18 November 2025 - Received Rs.72.52 lakh IFFCO work order on Nov 18, 2025 for certified drone pilot training of 140 candidates.
-
Copy of Newspaper Publication
16 November 2025 - Published copy of ads for standalone unaudited results for half-year ended 30 Sep 2025, adopted Nov 14, 2025.
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