Drone Destination Ltd
Incorporated in 2019, Drone Destination
Ltd manufactures, deals and provides
training of Drones[1]
- Market Cap ₹ 164 Cr.
- Current Price ₹ 67.4
- High / Low ₹ 239 / 64.6
- 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 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 | |
---|---|---|---|---|---|
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: | -70% |
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 | 15.97 | |
0.39 | 1.04 | 4.40 | 10.42 | 3.76 | |
Total Liabilities | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 |
0.27 | 0.72 | 5.33 | 14.59 | 17.78 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.76 | 0.26 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
0.69 | 2.06 | 18.26 | 60.68 | 61.18 | |
Total Assets | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 |
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
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
8 October 2025 - RTA certificate confirming Regulation 74(5) compliance for quarter and half-year ended 30 Sep 2025 (ISIN INE0P7201019).
-
Shareholders meeting
30 September 2025 - AGM Sep 29, 2025: all resolutions passed unanimously; auditors reappointed; managerial remuneration and Cyprus subsidiary noted.
-
Shareholders meeting
29 September 2025 - AGM: FY2025 financials adopted; director/auditor reappointments; remuneration, MOA alteration, related-party deal, Cyprus subsidiary noted.
-
Trading Window
27 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after unaudited Q2/H1 results for Sept 30, 2025.
-
Disclosure under SEBI Takeover Regulations
25 September 2025 - 25 Sep 2025: Drone Destination declares no new promoter encumbrance under SEBI Regulation 31(4).
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