DRONE
Drone Destinatio financials
- Market cap
- ₹82 Cr
- Sector
- Consumer Services
- Calls analysed
- 1
Drone Destinatio Q4 FY25
What went well
- Strategic diversification into 2D/3D survey, defense, kick-starter consultancy, and aircraft-based LiDAR surveys.
- Strong demand signals for drone COE projects from Indian Army and international inquiries for Drone Soccer.
- High liquidity with a current ratio of 3.73 and improved trade receivables turnover from 2.48 to 1.40.
What to watch
- Consolidated revenue declined 21.04% YoY to INR25.74 crores in FY25.
- EBITDA plummeted 96.39% YoY to INR0.5 crores in FY25.
What Drone Destinatio does
Drone Destination is an Indian drone company that runs a DGCA-certified Remote Pilot Training Organisation (RPTO) and a Drone-as-a-Service (DaaS) business, delivering commercial drone services such as precision-agriculture spraying, 2D/3D and LiDAR aerial mapping/survey, asset inspection, surveillance and defense-related drone solutions. It reaches customers through a nationwide network of mobile "Drone Hub on Wheels" units and earns from pilot-training programs, survey/mapping and agri-spray service contracts, drone sales/rentals, and consultancy for institutions setting up their own drone operations. The company is also building out defense-focused Centres of Excellence (CoEs) and exploring international expansion into the Middle East and EU.
Segments
- Training (RPTO)
- Survey & Mapping
- Agri-Spray (DaaS)
- Drone sales, rentals & consultancy
- Defense & Security (CoE)
- Mobile service network (Drone Hub on Wheels)
- 150+ hubs nationwide
- Geographic presence
- 22+ states (FY25)
- Pilot training scale
- Thousands of certified pilots trained; India's largest DGCA-certified RPTO network
- Agri-spray operating states
- Uttar Pradesh, Maharashtra, Bihar, Telangana
- Agri-spray demand network
- 100+ direct lead-generation points
- Marquee DAAS clients
- Survey of India, IFFCO, Coromandel, Syngenta, Bayer, Mahindra Agri Business
Guidance record · Q4 FY25
what the last two calls moved 6 tracked 0 delivered 0 missed 6 open- Namo Drone Didi Scheme Implementation open said Q4 FY25 Promised: Accrue from second half of upcoming financial year Q4 FY25: Expected to start training and procurement in H2 FY26
All 6 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue down 23.3%, net profit down 105.1% against the same quarter last year.
| Line item | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 9 | 5 | 26 | 14 | 11 +23% | 15 +171% | 20 −23% |
| EBITDA | 4 | 2 | 11 | 5 | -5 −231% | 5 +148% | 5 −55% |
| Net profit | 3 | 0 | 7 | 1 | -8 −412% | 2 +287% | -0 −105% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −62.9% 1Y
1Y: ₹90.25 on 10 Sept 2025 → ₹33.5. High ₹97 (30 Oct 2025), low ₹33.2 (7 Sept 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹24 Cr | ₹24 Cr | ₹24 Cr |
| Reserves | ₹-0 Cr | ₹0 Cr | ₹13 Cr | ₹37 Cr | ₹37 Cr | ₹36 Cr |
| Borrowings | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹4 Cr | ₹34 Cr | ₹24 Cr |
| Other liabilities | ₹0 Cr | ₹1 Cr | ₹4 Cr | ₹10 Cr | ₹4 Cr | ₹6 Cr |
| Total liabilities | ₹1 Cr | ₹3 Cr | ₹24 Cr | ₹76 Cr | ₹99 Cr | ₹90 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹5 Cr | ₹15 Cr | ₹16 Cr | ₹15 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹1 Cr | ₹2 Cr | ₹18 Cr | ₹61 Cr | ₹83 Cr | ₹75 Cr |
| Total assets | ₹1 Cr | ₹3 Cr | ₹24 Cr | ₹76 Cr | ₹99 Cr | ₹90 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, FIIs added +0.31 pp while the public trimmed −0.26 pp. The shareholder count grew 8% to 4,286.
- Promoters
- 61.0%
- FIIs
- 1.4%
- Public
- 37.6%
Since Mar 2025
- FIIs +0.31 pp
- Public −0.26 pp
- DIIs −0.05 pp
How it drifted, 6 quarters
Over this window the public went from 33.2% to 37.6% — +4.4 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 61.3%, FIIs 4.0%, DIIs 1.6%, Public 33.2%.Mar '24: Promoters 61.3%, FIIs 3.0%, Public 35.7%.Sep '24: Promoters 61.3%, FIIs 1.2%, Public 37.5%.Mar '25: Promoters 61.0%, FIIs 1.1%, DIIs 0.1%, Public 37.8%.Sep '25: Promoters 61.0%, FIIs 2.3%, Public 36.6%.Mar '26: Promoters 61.0%, FIIs 1.4%, Public 37.6%.
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.
- Expertpro Realty Private Limited newly disclosed 1.26% 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 Drone Destinatio above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Shashi Bala | 53.26% | unchanged |
| Chirag Sharma | 7.67% | unchanged |
| Rashi Fincorp Limited | 1.64% | unchanged |
| Expertpro Realty Private Limited | 1.26% | newly disclosed |
| Nidhi Sharma | 0.03% | unchanged |
| Vivek Sharma | 0.02% | unchanged |
| Renu Bassi | 0.02% | unchanged |
| Kapil Rana | 0.01% | unchanged |
| Krishna Kapoor | 0.00% | unchanged |
| Drone Destination Services Private Limited | 0.00% | unchanged |
| Saira Sharma | 0.00% | unchanged |
| Karanveer Sharma | 0.00% | unchanged |
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.
Learn to analyse Drone Destinatio
Guides on how to read this kind of business and the numbers that matter.