Designs, engineers and manufactures full-stack UAVs (drones) for defence, security and civil use in India.
Price
Market Cap
Sector
Industrials
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 21 | 43 | 43 | 43 | 43 |
| Reserves | 68 | 60 | 163 | 303 | 618 | 566 | 526 | 556 |
| Borrowings | 7 | 51 | 16 | 101 | 14 | 16 | 43 | 84 |
| Other Liabilities | 5 | 13 | 43 | 63 | 67 | 47 | 77 | 116 |
| Total Liabilities | 80 | 124 | 222 | 488 | 743 | 672 | 689 | 799 |
| AssetsFixed Assets | 5 | 13 | 26 | 49 | 67 | 97 | 215 | 138 |
| CWIP | 17 | 14 | 19 | 25 | 54 | 100 | 4 | 110 |
| Investments | 12 | 0 | 11 | 125 | 88 | 120 | 123 | 105 |
| Other Assets | 46 | 97 | 166 | 289 | 533 | 355 | 347 | 446 |
| Total Assets | 80 | 124 | 222 | 488 | 743 | 672 | 689 | 799 |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -16 | -31 | 67 | -53 | 76 | -77 | -63 |
| Cash from Investing | 5 | -7 | -31 | -149 | -102 | -68 | 16 |
| Cash from Financing | 1 | 43 | -11 | 176 | 189 | -8 | 61 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — |
| Free Cash Flow | -26 | -40 | 53 | -86 | 9 | -164 | -152 |
| FCF Margin | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
IDEAFORGE · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.