Droneacharya Aerial Innovations share price & results
- Mar 2026
- Mar 2026
DGCA-certified drone pilot training organization and drone solutions provider now expanding into Make-in-India drone manufacturing for agriculture and defence.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5.1 | −33.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | -22.4 | +220.0 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | -1.6 | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | +21.3 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -0.34 | +51.1 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | −55.4 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −53.9% 1Y
1Y: ₹62.07 on 24 Oct 2025 → ₹28.6. High ₹62.07 (24 Oct 2025), low ₹28 (26 Oct 2026).
- Previous close
- ₹28
- Market cap
- ₹95 Cr
- 52-week range
- ₹28 – ₹61.1
- One year
- −51.99%
- Price to earnings (FY ending Mar 2026)
- 256.76×
- Return on equity (FY ending Mar 2026)
- 0.64%
Overview
- Symbol
- NSE:DRONACHRYA
- Sector
- Services
- Exchange
- NSE
- Currency
- INR
What Droneacharya Aerial Innovations Limited does
Based on the company's own presentations, annual report and earnings calls.
DroneAcharya Aerial Innovations operates DGCA-certified Remote Pilot Training Organisations (RPTOs) that train drone pilots for government, defence and private-sector clients, and supplies drone-based survey, GIS data-processing and drone-as-a-service work to sectors such as oil & gas, forestry and defence. In FY23-24 it set up a manufacturing unit in Pune, Maharashtra to build Make-in-India agricultural spraying drones and FPV (First Person View) defence drones, some of which it supplies directly to Indian defence organisations under tenders. It also holds a 51% stake in PYI Technologies Private Limited, acquired in January 2024, to broaden its drone-technology service offerings.
Segments
- Drone Pilot Training (DGCA-certified RPTOs)
- Drone Solutions & Services
- Drone Manufacturing
- Defence Drone Solutions
- DGCA-certified drone pilot training centres (RPTOs)
- 4 (Pune, Gujarat, Punjab/IIT Ropar, Jaipur)
- DGCA-certified drone pilots trained (FY23-24)
- 391
- Cumulative DGCA pilots trained milestone
- 500+ (first private organisation to reach this, Dec 2023)
- Ministry of Defence projects completed (FY23-24)
- 14
- Manufacturing units
- 1 (Pune, Maharashtra, set up in FY23-24)
- Franchises
- 1
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 4 fiscal years held (Mar 2023 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +90% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2022 | Mar 2023 | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 14 | 21 | 14 | 27 | 8 | 10 | 5 |
| Expenses | 2 | 10 | 15 | 10 | 24 | 26 | 5 | 6 |
| Operating profit | 0 | 4 | 6 | 5 | 3 | -18 | 5 | -1 |
| Operating margin | 15.8% | 29.4% | 27.2% | 32.0% | 12.2% | −242.4% | 48.2% | −22.4% |
| Other income | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Depreciation | 0 | 1 | 1 | 3 | 2 | 3 | 3 | 3 |
| Profit before tax | 0 | 4 | 5 | 3 | 2 | -20 | 3 | -2 |
| Tax rate | 27.8% | 20.2% | 25.7% | 29.3% | 38.0% | −26.5% | 25.2% | −24.5% |
| Net profit | 0 | 3 | 4 | 2 | 2 | -15 | 2 | -2 |
| EPS (₹ per share) | 0.07 | 1.27 | 1.65 | 0.88 | 0.62 | -6.22 | 0.81 | -0.65 |
| Line item | Mar 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 24 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 42 | 48 | 49 | 34 | 36 | 34 |
| Borrowings | 0 | 0 | 0 | 3 | 3 | 1 |
| Other liabilities | 3 | 5 | 8 | 6 | 7 | 4 |
| Total liabilities | 70 | 78 | 82 | 67 | 70 | 63 |
| Fixed assets | 7 | 9 | 8 | 15 | 15 | 9 |
| Capital work in progress | 0 | 1 | 0 | 1 | 0 | 3 |
| Investments | 26 | 1 | 19 | 5 | 3 | 1 |
| Other assets | 37 | 67 | 54 | 46 | 53 | 51 |
| Total assets | 70 | 78 | 82 | 67 | 70 | 63 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -0 | -2 | -25 | -5 | -7 | 0 |
| Cash from investing | 0 | -0 | -33 | 7 | 5 | -0 |
| Cash from financing | 1 | 13 | 48 | 0 | 2 | -3 |
| Net cash flow | 1 | 11 | -10 | 1 | -1 | -3 |
| Free cash flow | -0 | -2 | -33 | -12 | -18 | -2 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 365 | 127 | 222 | 301 | 269 | 728 |
| Inventory days | — | — | — | 2 | 0 | 489 |
| Days payable | — | — | — | 8 | — | 153 |
| Cash conversion cycle | 365 | 127 | 222 | 295 | 269 | 1063 |
| Working capital days | -4745 | 227 | 399 | 564 | 301 | 851 |
| Return on capital employed | −28.6% | 6.9% | — | 11.6% | −26.3% | 0.8% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Public hold 69.72% as of Mar 2026; institutions added 1.52 pts since Sept 2025.
- Promoters 28.21%
- Foreign institutions 2.07%
- Public 69.72%
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- FPI fund newly disclosed 1.89% held
- newly disclosed 1.18% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Droneacharya Aerial Innovations Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| 23.44% | unchanged | |
| 4.77% | unchanged | |
| 3.89% | unchanged | |
| 2.08% | unchanged | |
| FPI fund | 1.89% | newly disclosed |
| 1.18% | newly disclosed | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
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