Drone Destination Ltd
Incorporated in 2019, Drone Destination
Ltd manufactures, deals and provides
training of Drones[1]
- Market Cap ₹ 78.4 Cr.
- Current Price ₹ 32.2
- High / Low ₹ 102 / 31.7
- Stock P/E 67.0
- 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 | 1.46 | 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: | -35% |
| 1 Year: | -56% |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 433% | -21% | 18% | -85% | 1,886% | -7% |
Ratios
| 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 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Drone Inventory (Stock-in-Trade) ₹ Lakhs |
|
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| Agri Spray Revenue ₹ Lakhs |
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| Training Revenue ₹ Lakhs |
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| Drone Hubs on Wheels (Mobile Hubs) count |
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| Hectares Mapped (Cumulative) hectares |
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| Number of States Operational count |
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| Pilots Trained (Cumulative) count |
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Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- AGM on 29 Sep 2026 passed three ordinary resolutions, including FY26 accounts and director reappointments.
-
Shareholders meeting
- Drone Destination held its AGM on 29 September 2026; shareholders considered FY26 results and reappointed two directors.
-
Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY2027 results.
-
Shareholders meeting
- Board approved 7th AGM on 29 September 2026 and fixed 5 September 2026 cut-off date.
-
Updates
- Drone Destination received IPL work order to operate 34 agriculture drones across Gujarat and Odisha for 3 years.
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
Concalls
-
Jun 2025Transcript
-
Jun 2024Transcript
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