Drone Destination Ltd
Incorporated in 2019, Drone Destination
Ltd manufactures, deals and provides
training of Drones[1]
- Market Cap ₹ 93.6 Cr.
- Current Price ₹ 38.4
- High / Low ₹ 122 / 36.0
- Stock P/E 80.0
- Book Value ₹ 24.9
- Dividend Yield 0.00 %
- ROCE 6.16 %
- ROE 1.95 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.90% over last 3 years.
- Company has high debtors of 289 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
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.39 | 2.56 | 12.07 | 31.82 | 24.90 | 35.07 | |
| 0.42 | 2.17 | 7.37 | 18.75 | 25.26 | 25.37 | |
| Operating Profit | -0.03 | 0.39 | 4.70 | 13.07 | -0.36 | 9.70 |
| OPM % | -7.69% | 15.23% | 38.94% | 41.07% | -1.45% | 27.66% |
| 0.00 | 0.01 | 0.10 | 0.79 | 0.84 | 1.56 | |
| Interest | 0.00 | 0.02 | 0.17 | 0.38 | 1.45 | 2.91 |
| Depreciation | 0.04 | 0.11 | 1.23 | 4.00 | 7.90 | 6.34 |
| Profit before tax | -0.07 | 0.27 | 3.40 | 9.48 | -8.87 | 2.01 |
| Tax % | -28.57% | 25.93% | 24.41% | 25.32% | -23.11% | 41.79% |
| -0.05 | 0.21 | 2.56 | 7.08 | -6.81 | 1.17 | |
| EPS in Rs | 5.12 | 2.91 | -2.79 | 0.48 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 146% |
| 3 Years: | 43% |
| TTM: | 41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 91% |
| 3 Years: | -22% |
| TTM: | 117% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -68% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 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 | 36.27 |
| 0.55 | 1.51 | 1.59 | 3.98 | 15.97 | 23.65 | |
| 0.39 | 1.04 | 4.40 | 10.42 | 3.76 | 5.64 | |
| Total Liabilities | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 89.96 |
| 0.27 | 0.72 | 5.33 | 14.59 | 17.78 | 15.22 | |
| 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 | 74.74 | |
| Total Assets | 0.96 | 2.78 | 23.59 | 76.03 | 79.22 | 89.96 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0.13 | -0.08 | 0.83 | -13.14 | -10.13 | -0.65 | |
| -0.26 | -0.56 | -5.84 | -14.82 | -9.83 | -2.01 | |
| 0.40 | 0.95 | 14.89 | 39.10 | 16.02 | 4.95 | |
| Net Cash Flow | 0.01 | 0.32 | 9.88 | 11.13 | -3.94 | 2.29 |
| Free Cash Flow | -0.39 | -0.64 | -5.01 | -27.17 | -20.72 | -4.17 |
| CFO/OP | 433% | -21% | 18% | -85% | 1,886% | -7% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 56.15 | 37.07 | 201.70 | 217.49 | 262.39 | 288.82 |
| Inventory Days | 528.84 | 2,565.60 | 907.41 | |||
| Days Payable | 1,080.48 | 305.93 | 197.28 | |||
| Cash Conversion Cycle | 56.15 | 37.07 | 201.70 | -334.16 | 2,522.06 | 998.94 |
| Working Capital Days | 149.74 | 76.99 | 91.63 | 299.27 | 368.96 | 334.19 |
| ROCE % | 25.11% | 33.16% | 23.28% | -10.52% | 6.16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| DGCA-Certified Remote Pilot Training Centres (RPTOs) Number |
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| Employee Cost as % of Total Expenses % |
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| Trade Receivables Turnover Ratio |
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| Area Mapped (PM-SVAMITVA & Urban Mapping) Hectares |
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| Namo Drone Didi Pilots Trained Number |
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| Cumulative Drone Pilots Certified Number |
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| Drone Fleet Growth Factor Multiplier |
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| Kisan Drone Demonstrations Executed (IFFCO) Number |
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| Mobile Drone Hubs on Wheels Number |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
30 May 2026 - Board approved audited FY26 results; auditors issued unmodified opinion on March 31, 2026 results.
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Copy of Newspaper Publication
30 May 2026 - Submitted newspaper copies for half-year audited standalone results ended 31 March 2026.
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Outcome of Board Meeting
29 May 2026 - Drone Destination Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Utilisation of Funds
29 May 2026 - Drone Destination Limited has informed about Utilisation of Funds
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Statement of deviation(s) or variation(s) under Reg. 32
29 May 2026 - FY26 deviation statement shows no fund-use deviation; partly paid warrants forfeited after balance non-receipt.
Annual reports
Concalls
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Jun 2025TranscriptPPT
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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